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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 that company is controlled. Unfortunately, we did not find any information about them, which is a massive concern. .

Moreover, this firm also refuses to share any license details on their website.   They're operating in the shadows intentionally. The only contact details they feature is an email address.

This platform States that, They've found some kind of bug in the blockchain.   Apparently, that defect has enabled these men to scratch 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 are talking about.

Unfortunately, many people made the mistake of trusting them and dropped their funds.   There isnt any defects in the blockchain since they say, even though it had been 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 better likelihood 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 that does not means these kind of gains 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 more details relating to this website, see Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This firm operates in such a shady way that they are almost unidentifiable.   Moreover, considering anchor the potential dangers and the obvious fake return asserts, we strongly urge everyone to steer clear of them.

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

However, do not get carried away by those fake comments from bogus user profiles.   In the event, 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 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 make any decision, regardless of the kind of convincing narration these fraudsters produce. .

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Recently, I have been closely watching the bitcoin scam sites on TOR network that offer double or 100x bitcoins towards your initial investment and after having many bad attempts, I learnt that these people are very smart at luring innocent customers and finally scamming them.For example, take a look at this website that I found on shadowy net.

There's no way these men are generating that amount of Bitcoins from nowhere.You can inquire, how can you be sure that those are scams Because, the answer lies in the open-source Bitcoin code!According to the Bitcoin code, each transaction made is supported by at least 2 nodes and then merged into block-chains.

So how can anyone mine unknown BitcoinsThat is the reason any website which claims to find some defect in the Bitcoin code is just another Ponzi scheme. Always.WhyThat is merely logic.If anyone can multiply their single Bitcoin 2x or 100x, they'll only do that quietly. They can simply take their one coin and multiply it till they attain the 21 million Bitcoin limitation set by its founder.

Each transaction made will be validated 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 always wins.Transaction evidence to entice additional investorsThey might Resources have made some genuine transactions to entice additional 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 website and the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be traced for example cash. Before doing any investment, do the following checks consistently: Check their credentials.

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They may be tricked by the initial high returns.Especially be careful of specifications that require you to introduce new members into this scheme.Also See: Hacking Bitcoins How its done1. Exchanging the local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends boundaries and traditional valuing of currency.