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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 some amount of gains in the near future.   We assessed FCA and FTC to find out, if this company is controlled. Unfortunately, we did not find any information about them, which is a huge concern. .

Moreover, this firm also refuses to discuss any license particulars on their website.   They're operating from the shadows intentionally. The only contact details they feature is an email address.

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

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This narration will be absolutely ridiculous for 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 defects in the blockchain as they state, even if it was accurate, then why can they let it to the public instead of making money for themselves

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

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

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

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

This stage showcase few testimonials.   All the comments are extremely flattering.   The alleged ancient users speak about, the way this program helped them earn a good deal of money.

But Do not get carried off by those bogus comments from bogus consumer profiles.   In the event, if you're pop over to these guys wondering there isnt any way to track down those consumers.

Bitcoin Multiply Times is most probably a ponzi scheme.   They May procedure a few refunds every once in a while, but It Is Going to ultimately end in a dreadful way.   Whenever an opportunity too good to be accurate arises, do not impulsively make any decision, regardless of the kind of convincing narration these fraudsters produce. .

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Recently, I have been closely watching the bitcoin scam websites on TOR network that offer double or 100x bitcoins towards your initial investment and after having many bad attempts, I learnt that these people are really smart at luring innocent customers and ultimately scamming them.For example, have a look at this website that I found on shadowy web.

There's no way these men are generating that amount of Bitcoins from nowhere.You may ask me, how can you be sure that those are scams Because, the answer lies in the open-source Bitcoin code!According into the Bitcoin code, every transaction made is validated by at least two nodes and then coded into block-chains.

So how can anyone mine unknown BitcoinsThat is why any site 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 only do this quietly. They can simply take their one coin and multiply it till they reach the 21 million Bitcoin limit determined by its founder.

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

If possible ask your friend to get out of it, before he loses everything. One day there and next day gone. This stands for both the fraudulent site and all the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be followed like money. Before doing any investment, do the following checks always: Assess their credentials.

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