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

Moreover, this firm also Won't share any license particulars on their website.   They are operating from the shadows intentionally. The only contact information they feature is an email address.

This platform says that, They've found some kind of bug in the blockchain.   Apparently, that defect has enabled these men to scrape 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're talking about.

Unfortunately, many people made the mistake of trusting them and lost their funds.   There isnt any flaws in the blockchain since they state, even if it had been accurate, then why would they tell it to the public instead of making money for themselves

Earning profits without getting exposed to danger is hopeless.   However, the only thing that you can do is to diversify them that you have greater probability 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 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 more details about this site, see Scamadviser.com.

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Majority of the investment solution uphold transparency.   This firm operates in such a shady way That They're almost unidentifiable.   Moreover, considering the potential risks and the apparent fake return claims, we strongly urge everyone to steer clear of them.

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

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

Bitcoin Multiply Times is probably a ponzi scheme.   They May process some withdrawals 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 impulsively make any decision, whatever the kind of convincing narration these fraudsters produce. .

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Recently, I have been carefully watching the bitcoin scam websites 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 users and finally scamming them.For instance, take a look at this website that I found on shadowy web.

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

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Just how can anyone mine unknown BitcoinsThat is why any website 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 will just do this quietly. They can simply take their one coin and multiply it until they attain the 21 million Bitcoin limitation set by its founder.

Each transaction made will be confirmed by some nodes and only the legitimate 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 proofs to entice additional 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 site and the invested Bitcoins.Sadly any Coins lost to all those frauds are lost forever and cannot be traced like cash. Before doing any investment, do the following checks always: Assess their credentials.

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They might be fooled by the initial high returns.Especially be cautious of specifications that need you to blog here introduce new members into the scheme.Also Watch: Hacking Bitcoins The way its done1. Exchanging the regional currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends boundaries and traditional valuing of currency.

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