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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 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 huge concern. .

Furthermore, This firm also Won't discuss any license particulars on their website.   They are 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 flaw has enabled these men to scratch themselves a profit every time a transaction occurs.

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This narration will be absolutely ridiculous 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 individuals made the mistake of trusting them and lost their funds.   There isnt any defects in the blockchain as they state, even if it was accurate, then why would they let it to the public instead of making money for themselves

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

They offer 4 types of investment plans.   Profits of 1000% daily 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 website has been around for more than a year, there isnt enough data to follow their traffic sources. For additional information about this site, see Scamadviser.com.

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Vast 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 risks and the apparent fake return asserts, we strongly urge everyone to stay away from them.

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

However, 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 users.

Bitcoin Multiply Times is most probably a ponzi scheme.   They May process some withdrawals every once in a while, but It Is Going to 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 sites on TOR network that offer double or 100x bitcoins towards your initial investment and after having several bad efforts, I learnt that these people are very smart at luring innocent customers and finally scamming them.For instance, take a look at this site that I found on dark net.

There is no way these men are generating that amount of Bitcoins from nowhere.You may ask me, how can you be so sure that those are scams Since, 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 coded into block-chains.

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Just how can anyone mine unknown BitcoinsThat is why any site which claims to find some flaw 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 simply take their one coin and multiply it until they reach the 21 million Bitcoin limit determined by its founder.

Each transaction made will be validated by some nodes and only the valid ones my site can enter into a block-chain. So fraudulent transactions can be readily identified by checking the different block-chains. The longest block-chain always wins.Transaction proofs to entice more investorsThey might 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 all the invested Bitcoins.Sadly any Coins dropped to all those frauds are lost forever and cannot be followed for example cash. So before doing any investment, do the following checks always: Assess their credentials.

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They may be fooled by the initial high returns.Especially be cautious of specifications that need you to introduce new members to the scheme.Also See: 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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