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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 assessed FCA and FTC to find out, if this firm 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 are operating from the shadows intentionally. The only contact information that 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 men 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 that, they know what they are talking about.

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

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

They offer 4 types of investment plans.   Profits of 1000% every day is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general gets the maximum amount of volatility, but it 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 sources. For more details about 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.   Moreover, considering the potential risks and the obvious fake return claims, we strongly urge everyone to stay away from them.

This platform showcase couple 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 those fake comments from bogus consumer profiles.   In case, if you were wondering 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 true 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 offering 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 users and finally scamming them.For example, have a look at this website that I found on shadowy web.

There is no way these men are generating that amount of Bitcoins from nowhere.You can ask me, how can you be 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 Read Full Report is supported by at least two nodes and then coded into block-chains.

So how can anyone mine unknown BitcoinsThat is why any site 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 even 100x, they'll only do this quietly. They can just take their one coin and multiply it till they attain the 21 million Bitcoin limitation determined by its founder.

Every transaction made will be confirmed by some nodes and only the valid ones can enter into a block-chain. So fraudulent transactions can be readily 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 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 all those frauds are lost forever and cannot be traced like money. So before doing any investment, do the following checks always: Check their credentials.

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