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Bitcoin Multiply Times represents an ICO.   They raise money demanded for their operations in the investors.   In return, the investors are entitled to some amount of profits in the near future.   We checked FCA and FTC to find out, if that firm is regulated. Unfortunately, we did not find any details 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 platform says that, They've found some kind of bug in the blockchain.   Apparently, that defect has enabled these men to scrape themselves a profit every 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 gains without getting exposed to risk is hopeless.   On the other hand, the only thing you can do is to diversify them that you have greater probability of success.

They offer 4 types of investment plans.   Profits of 1000% every day is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general has the most amount of volatility, but that 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 information to trace their traffic resources. 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 risks and the obvious fake return claims, we strongly urge everyone to steer clear of them.

This platform showcase few testimonials.   All of the comments are extremely flattering.   The alleged ancient users talk about, how this program helped them earn a good deal of money.

But Do not get carried away by these fake comments from bogus user profiles.   In case, if you were 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 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 closely 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 people are really smart at luring innocent users and finally scamming them.For instance, take a look at this website that I found on shadowy web.

There is no way these men are generating this amount of Bitcoins from nowhere.You may inquire, how can you be so sure that those are just scams Because, these details the answer can be found in the open-source Bitcoin code!According into the Bitcoin code, each transaction made is validated by at least 2 nodes and then coded into block-chains.

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So how can anyone mine unknown BitcoinsThat is why any site which 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 that quietly. They can simply take their one coin and multiply it until they reach the 21 million Bitcoin limit determined by its founder.

Every transaction made will be validated 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 always 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 the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be traced like cash. So before doing any investment, do the following checks consistently: Assess their credentials.

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They might be tricked by the initial high returns.Especially be careful of specifications that need you to introduce new members to this 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 borders and traditional valuing of currency.

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