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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 profits in the near future.   We assessed FCA and FTC to find out, if this firm is regulated. Unfortunately, we did not find any details about them, which is a massive concern. .

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

This stage States that, they have 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 absurd for those of you, who know how cryptocurrencies work.   They are 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 state, even though it was true, then why can they tell it to the public instead of making money for themselves

Earning profits without getting exposed to risk is hopeless.   However, the only thing that you can do is to diversify them 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 has the maximum amount of volatility, but it does not means these kind of gains are achievable.

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

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

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

But Do not get carried away by those bogus comments from bogus user profiles.   In the event, if More about the author you're wondering there isnt any way to track down those consumers.

Bitcoin Multiply Times is probably a ponzi scheme.   They May procedure a few refunds every once in a while, but it will finally end in a horrible way.   Whenever an opportunity too good to be true arises, do not impulsively make any decision, whatever 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 offering double or 100x bitcoins towards your initial investment and after having many bad efforts, I learnt that these individuals are really smart at luring innocent users and finally scamming them.For example, take a look at this site that I found on dark web.

There's no way these men are generating this amount of Bitcoins from nowhere.You may ask me, how can you be so sure that those are just scams Because, a knockout post 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.

So how can anyone mine unknown BitcoinsThat is why any website which claims to find some defect in the Bitcoin code is merely another Ponzi scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or 100x, they'll just do that quietly. They can just take their one coin and multiply it until they attain the click this 21 million Bitcoin limit set by its founder.

Every transaction made will be validated by a few nodes and only the legitimate 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 more investorsThey might have made some genuine transactions to entice additional 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 all 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 tricked by the initial high returns.Especially be cautious of specifications that require you to introduce new members to the scheme.Also Watch: Hacking Bitcoins The way its done1. Exchanging your regional currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends borders and traditional valuing of currency.