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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 gains in the near future.   We assessed FCA and FTC to find out, if this company is regulated. Unfortunately, we did not find any details about them, which is a massive concern. .

Furthermore, This firm also refuses to discuss any license particulars on their website.   They're operating from the shadows intentionally. The only contact details that they feature 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 ridiculous 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 people made the mistake of trusting them and lost their funds.   There isnt any defects in the blockchain since they state, even though it was true, then why would they let it to the public instead of making money for themselves

Earning gains without getting exposed to risk is hopeless.   On the other hand, the only thing that you can do is to diversify them 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 most 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 data to follow their traffic resources. For more details about this site, see Scamadviser.com.

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Majority of the investment solution uphold transparency.   This company operates in this type of unethical way that they are almost unidentifiable.   Also, considering the potential dangers and the apparent fake return claims, we strongly urge everyone to stay away from them.

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

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

Bitcoin Multiply Times is most probably a ponzi scheme.   They might procedure a few refunds every once in a while, but it will finally end in a horrible way.   Whenever an opportunity too good to be accurate arises, do not impulsively make any decision, regardless of 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 several bad attempts, I learnt that these individuals are very smart at luring innocent users and ultimately scamming them.For example, have a look at this website that I found on shadowy net.

There is no way these men 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 lies in the open-source Bitcoin code!According to the Bitcoin code, each transaction made is supported by at least two nodes and then merged into block-chains.

So how can anyone mine unknown BitcoinsThat is the reason any site that 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 100x, they will only do that quietly. They can simply take their one coin and multiply it until they reach the 21 million Bitcoin limit set by its founder.

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 might have made some genuine transactions to entice more investors.

If possible ask your friend website here to get out of it, before he loses everything. One day there and next day gone. This stands for both the fraudulent website and the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be followed for example cash. Before doing any investment, do the following checks consistently: Check their credentials.

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They might be tricked by the initial high returns.Especially be cautious of specifications that need you to 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.