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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 that company is regulated. Unfortunately, we did not find any details about them, which is a huge concern. .

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

This platform says that, they have found some kind of bug in the blockchain.   Apparently, that defect 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 all 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 people made the mistake of trusting them and lost their funds.   There isnt any defects in the blockchain as they say, even if it had been true, then why would they tell it to the public instead of making money for themselves

Earning profits without getting exposed to danger is hopeless.   On the other hand, 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.   Gains of 1000% daily is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general gets the maximum amount of volatility, but that 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 trace their traffic sources. For additional information relating to this site, visit Scamadviser.com.

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Majority of the investment solution uphold transparency.   This company operates in this type of unethical way That They're almost unidentifiable.   Also, considering the potential dangers and the apparent fake return asserts, we strongly advise everyone to steer clear of them.

This platform showcase couple testimonials.   All the comments are extremely flattering.   The alleged early users talk about, the way this program helped them earn a good deal of money.

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

Bitcoin Multiply Times is most probably a ponzi scheme.   They might procedure a few refunds every once in a while, but it will finally end in a dreadful way.   Whenever an opportunity too good to be accurate arises, do not 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 many bad attempts, I learnt that these individuals are very smart at luring innocent customers and finally scamming them.For example, take a look at this website that I found on dark net.

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

So how can anyone mine unknown BitcoinsThat is why any website that 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 just 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.

Every transaction made will be validated 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 to entice more investorsThey may 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 wikipedia reference and next day gone. This stands for both the fraudulent website and the invested Bitcoins.Sadly any Coins lost to all those frauds are lost forever and cannot be traced for example cash. So before doing any investment, do the following checks consistently: 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 this scheme.Also Watch: 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 boundaries and traditional valuing of currency.