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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 assessed FCA and FTC to find out, if this company is controlled. Unfortunately, we did not find any details about them, which is a massive concern. .

Moreover, this firm also Won't share any license particulars on their website.   They're operating from the shadows intentionally. The only contact details that they comprise is an email address.

This platform says that, they have found some kind of bug in the blockchain.   Apparently, that flaw has enabled these guys 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 are trying to manipulate the newbie investors into thinking they know what they are talking about.

Unfortunately, many people made the mistake of trusting them and lost their funds.   There isnt any defects in the blockchain since they say, even though it was true, then why would they let it to the public instead of making money for themselves

Earning profits without getting exposed to danger is hopeless.   However, the only thing that you can do is to diversify them that you have better probability of success.

They offer 4 types of investment plans.   Profits of 1000% daily is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general has the maximum amount of volatility, but it 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 data to trace their traffic sources. For more details relating to this website, visit Scamadviser.com.

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Vast majority of the investment solution uphold transparency.   This firm operates in such a shady way That They're almost unidentifiable.   Also, considering the potential risks and the obvious 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 speak about, how this software helped them earn a lot of money.

However, do not get carried away 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 process some withdrawals every once in a while, but it will ultimately end in a horrible way.   Whenever an opportunity too good to be accurate arises, do not make any decision, whatever the kind of convincing narration that these fraudsters produce. .

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Recently, I have been carefully watching the bitcoin scam sites on TOR network offering double or 100x bitcoins towards your initial investment and after having many bad efforts, I learnt that these individuals are very smart at luring innocent users and finally scamming them.For example, have a look at this site that I found on dark net.

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

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Just how can anyone mine unknown BitcoinsThat is why any website which claims to find some flaw 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 will just do this quietly. They can just take their one coin and multiply it until they attain the 21 million Bitcoin limit set by have a peek here 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 easily identified by checking the different block-chains. The longest block-chain always wins.Transaction proofs to entice additional 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 website and the invested Bitcoins.Sadly any Coins dropped to all those frauds are lost forever and cannot be followed for example money. So before doing any investment, do the following checks always: Assess their credentials.

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They may be tricked by the initial high returns.Especially be careful of specifications that need you to introduce new members into the scheme.Also Watch: Hacking Bitcoins The way its done1. Exchanging the local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction since online money that transcends borders and traditional valuing of currency.

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