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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 company is controlled. Unfortunately, we did not find any information 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 feature is an email address.

This platform says that, they have found some kind of bug in the blockchain.   Apparently, that defect has enabled these men to scratch themselves a profit each time a transaction occurs.

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This narration will be absolutely absurd for all those of you, who know how cryptocurrencies work.   They are 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 defects in the blockchain as they state, even if it had been true, then why would they let it to the public instead of making money for themselves

Earning profits without getting exposed to risk is impossible.   On the other hand, the only thing 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 fantasy, but sadly it will just remain unreal.   Cryptocurrency in general has the maximum amount of volatility, but it 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 data to trace their traffic resources. For more details relating to this website, 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're almost unidentifiable.   Moreover, considering the potential dangers and the obvious fake return claims, we strongly urge everyone to stay away from them.

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

But Do not get carried away by those bogus comments from bogus consumer profiles.   In the event, if you were wondering 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 dreadful 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 produce. .

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

There is no way these men are generating this amount of Bitcoins from nowhere.You may inquire, how can you be sure that those are just scams Since, the answer can be found in the open-source Bitcoin code!According to the Bitcoin code, each transaction made is validated by at least two nodes and then coded 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 just another Ponzi scheme. Always.WhyThat is merely logic.If anyone can multiply their single Bitcoin blog here 2x or 100x, they'll just do this quietly. They can simply take their one coin and multiply it till they reach the 21 million Bitcoin limitation set by its founder.

Every 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 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 all those frauds are lost forever and cannot be followed like money. So before doing any investment, do the following checks always: Check their credentials.

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

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