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

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

This stage says that, They've 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 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're talking about.

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

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

They offer 4 Kinds of investment plans.   Profits of 1000% daily is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general has the maximum 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 resources. For more details relating to this website, see 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 apparent fake return claims, we strongly advise everyone to stay away from them.

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

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

Bitcoin Multiply Times is most 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 come up with. .

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

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

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Just how can anyone mine unknown BitcoinsThat is why any website which claims to find some defect 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 that quietly. They can simply take their one coin and multiply it until they reach the 21 million Bitcoin limitation determined by its founder.

Every transaction made will be validated 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 consistently wins.Transaction proofs to entice additional investorsThey may have made some genuine transactions to entice more 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 those frauds are lost forever and cannot be followed like money. Before doing internet any investment, do the following checks always: Check 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 into this scheme.Also Watch: Hacking Bitcoins The way its done1. Exchanging your regional currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends boundaries and traditional valuing of currency.

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