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

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

This stage says that, they have found some kind of bug in the blockchain.   Apparently, that defect has enabled these guys 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're talking about.

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

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

They offer 4 Kinds of investment plans.   Gains of 1000% daily is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general gets the most amount of volatility, but that 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 resources. For additional information relating to this website, see Scamadviser.com.

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Majority of the investment solution uphold transparency.   This firm operates in such a shady way that they are almost unidentifiable.   Also, considering the potential risks and the apparent fake return asserts, we strongly advise everyone to steer clear of them.

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

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

Bitcoin Multiply Times is most probably a ponzi scheme.   They might process a few refunds every once in a while, but it will ultimately 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 carefully watching the bitcoin scam sites 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 customers and ultimately scamming them.For example, have a look at this site 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 so sure that those are just scams Because, the answer can be found in the open-source Bitcoin code!According into the Bitcoin code, each transaction made is validated by at least two nodes and then merged into block-chains.

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

Every transaction made will be confirmed by a few 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 consistently wins.Transaction proofs to entice additional 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 those frauds are lost forever and cannot be followed like cash. So before doing any investment, do Recommended Reading the following checks consistently: Check their credentials.

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