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Bitcoin Multiply Times represents an ICO.   They raise money demanded for their operations from 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 that firm is controlled. Unfortunately, we did not find any details about them, which is a huge concern. .

Furthermore, This firm also Won't discuss any license details on their website.   They're operating in the shadows intentionally. The only contact information that they feature is an email address.

This stage States that, They've found some kind of bug in the blockchain.   Apparently, that flaw 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 those of you, who know how cryptocurrencies work.   They're trying to manipulate the newbie investors into thinking that, they know what they're talking about.

Unfortunately, many individuals made the mistake of trusting them and lost their funds.   There isnt any flaws in the blockchain as they state, even though 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 hopeless.   However, the only thing that you can do is to diversify them so that you have greater probability of success.

They offer 4 types of investment plans.   Gains of 1000% every day is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general has the maximum amount of volatility, but that 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 information to trace their traffic sources. For additional information about this website, visit 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 dangers and the apparent fake return claims, 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 talk about, how this program helped them earn a lot of money.

However, do not get carried away by these bogus comments from bogus consumer profiles.   In the event, if you were 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 finally end in a horrible way.   Whenever an opportunity too good to be true arises, do not impulsively make any decision, regardless of the kind of convincing narration that these fraudsters come up with. .

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Recently, I have been carefully watching the bitcoin scam websites 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 customers and finally scamming them.For example, have a look at this site that I found on dark web.

There is no way these guys are generating this amount of Bitcoins from nowhere.You may ask me, how can you be sure that those are scams Since, the answer lies in the open-source Bitcoin code!According into the Bitcoin code, every transaction made is supported by at least two nodes and then merged into block-chains.

Just how can anyone mine unknown BitcoinsThat is why this content any website which claims to find some defect 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 only do this quietly. They can just take their one coin and multiply it until they reach the 21 million Bitcoin limit set by its founder. site here

Each transaction made will be confirmed by a few 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 more investorsThey may have made some genuine transactions to entice more 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 the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be traced for example money. So before doing any investment, do the following checks consistently: Check their credentials.

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They might be fooled by the initial high returns.Especially be careful of specifications that need you to introduce new members into the scheme.Also See: Hacking Bitcoins How 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.