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Bitcoin Multiply Times represents an ICO.   They raise money demanded for their operations from the investors.   In return, the investors are entitled to a amount of gains in the near future.   We checked FCA and FTC to find out, if this company is regulated. Unfortunately, we did not find any information about them, which is a massive concern. .

Furthermore, This firm also refuses to share any license particulars on their website.   They are operating in the shadows intentionally. The only contact information they comprise is an email address.

This stage says that, they have found some kind of bug in the blockchain.   Apparently, that flaw has enabled these guys to scratch themselves a profit every time a transaction occurs.

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This narration will be absolutely ridiculous for all those of you, who know how cryptocurrencies work.   They're trying to manipulate the newbie investors into thinking that, they know what they are talking about.

Unfortunately, many individuals made the mistake of trusting them and lost their funds.   There isnt any flaws in the blockchain since they say, even if it had been accurate, then why would they let it to the public instead of making money for themselves

Earning profits without getting exposed to risk is hopeless.   On the other hand, the only thing you can do is to diversify them that you have better probability of success.

They offer 4 types of investment plans.   Gains of 1000% daily is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general has the most amount of volatility, but that does not means these kind of profits are achievable.

The registrant contact details are untraceable.   Though, this website has been around for more than a year, there isnt enough data to follow their traffic sources. For more details about this site, visit Scamadviser.com.

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Majority of the investment solution uphold transparency.   This company operates in such a shady way that they are almost unidentifiable.   Moreover, considering the potential risks and the obvious fake return claims, we strongly urge everyone to stay away from them.

This platform showcase few testimonials.   All the comments are extremely flattering.   The alleged early users talk about, how this software helped them earn a lot of money.

However, do not get carried away by those bogus comments from bogus consumer profiles.   In the event, if you're wondering there isnt any way to track down those users.

Bitcoin Multiply Times is most probably a ponzi scheme.   They might process some withdrawals every once in a while, but it will ultimately end in a horrible way.   Whenever an opportunity too good to be accurate arises, do not make any decision, whatever the kind of convincing narration that these fraudsters produce. .

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Recently, I Check Out Your URL have been closely watching the bitcoin scam websites on TOR network offering double or 100x bitcoins towards your initial investment and after having several bad attempts, I learnt that these individuals are very smart at luring innocent users and ultimately scamming them.For instance, have a look at this site that I found on shadowy net.

There is no way these guys are generating this amount of Bitcoins from nowhere.You can ask me, how can you be so sure that those are just scams Since, the answer can be found in the open-source Bitcoin code!According to the Bitcoin code, every transaction made is supported by at least 2 nodes and then merged into block-chains.

Just how can anyone mine unknown BitcoinsThat is the reason any website that claims to find some flaw in the Bitcoin code is merely another Ponzi scheme. Always.WhyThat is merely logic.If anyone can multiply their single Bitcoin 2x or 100x, they will just do that quietly. They can just take their one coin and multiply it till they reach the 21 million Bitcoin limitation determined by its founder.

Each transaction made will be confirmed by some nodes and only the valid ones can enter into a block-chain. So fraudulent transactions can be readily identified by checking the different block-chains. The longest block-chain consistently wins.Transaction evidence to entice additional investorsThey may have made some genuine transactions to entice additional investors.

If possible ask your friend to escape it, before he loses everything. One day there and next day gone. This stands for both the fraudulent site and the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be traced like cash. So before doing any investment, do the following checks always: Check their credentials.

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They may be fooled by the initial high returns.Especially be careful of specifications that require you to introduce new members into the scheme.Also Watch: Hacking Bitcoins How its done1. Exchanging the local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends boundaries and traditional valuing of currency.