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

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

This stage says that, they have found some kind of bug in the blockchain.   Apparently, that flaw has enabled these men to scrape 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're trying to manipulate the newbie investors into thinking 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 say, even though it had been accurate, then why can they tell it to the public instead of making money for themselves

Earning gains without getting exposed to risk is hopeless.   However, the only thing you can do is to diversify them so 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 maximum amount of volatility, but that 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 trace their traffic resources. For additional information 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.   Also, considering the potential risks and the obvious fake return asserts, we strongly advise everyone to steer clear of them.

This stage showcase couple testimonials.   All the comments are extremely flattering.   The alleged early users speak about, how this software helped them earn a good deal of money.

However, do not get carried off by those bogus comments from bogus user profiles.   In case, if you're wondering there isnt any way to track down those consumers.

Bitcoin Multiply Times is probably a ponzi scheme.   They May process a few refunds every once in a while, but It Is Going to finally end in a horrible navigate to this website way.   Whenever an opportunity too good to be accurate arises, do not impulsively make any decision, whatever the kind of convincing narration that these fraudsters come up with. .

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Recently, I have been closely watching the bitcoin scam sites on TOR network that offer dual or 100x bitcoins towards your initial investment and after having several bad efforts, I learnt that these individuals are really smart at luring innocent users and try this out finally scamming them.For example, take a look at this website that I found on shadowy web.

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

So how can anyone mine unknown BitcoinsThat is the reason any site which claims to find some flaw in the Bitcoin code is just another Ponzi scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or 100x, they'll only do this quietly. They can just take their one coin and multiply it till they attain the 21 million Bitcoin limitation set by its founder.

Every transaction made will be confirmed by some 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 always wins.Transaction evidence to entice more investorsThey might 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 dropped to all those frauds are lost forever and cannot be traced like money. So before doing any investment, do the following checks always: Assess their credentials.

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