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

Moreover, this firm also Won't discuss any license details on their website.   They're operating from the shadows intentionally. The only contact details they comprise is an email address.

This platform States that, They've found some kind of bug in the blockchain.   Apparently, that flaw has enabled these men to scratch themselves a profit every time a transaction occurs.

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

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

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

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

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

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Majority of the investment solution uphold transparency.   This firm operates in this type of unethical way that they are almost unidentifiable.   Also, considering the potential dangers and the apparent fake return claims, we strongly advise everyone to stay away from them.

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

But Do not get carried away by those fake comments from bogus user profiles.   In case, if you were wondering that there isnt any way to track down those consumers.

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 true arises, do not impulsively make any decision, regardless of the kind of convincing narration these fraudsters come up with. .

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

There is no way these guys are generating this amount of Bitcoins from nowhere.You may ask me, how can you be so sure that those are scams Because, the answer can be found in the open-source Bitcoin code!According into the Bitcoin code, every transaction made is validated by at least 2 nodes and then coded into blog 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 just another Ponzi scheme. Always.WhyThat is merely logic.If anyone can multiply their single Bitcoin 2x or even 100x, they will only do that quietly. They can just take their one coin and multiply it till they reach the 21 million Bitcoin limit determined by its founder.

Each transaction made will be validated 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 proofs to entice more 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 website and all the invested Bitcoins.Sadly any Coins lost to all those frauds are lost forever and cannot be followed like money. Before doing any investment, do the following checks consistently: Check their credentials.

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They might be tricked by the initial high returns.Especially be cautious of specifications that require you to introduce new members into this 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 borders and traditional valuing of currency.