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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 that company is regulated. Unfortunately, we did not find any details about them, which is a huge concern. .

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

This stage States that, they have 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 ridiculous for 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 say, even though it had been accurate, then why can they let it to the public instead of making money for themselves

Earning gains without getting exposed to risk is impossible.   On the other hand, the only thing that you can do is to diversify them so that you have better probability of success.

They offer 4 Kinds of investment plans.   Gains of 1000% daily is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general gets 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 data to trace their traffic sources. For more details about this site, visit Scamadviser.com.

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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 apparent fake return claims, we strongly advise everyone to steer clear of them.

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

But Do not get carried away by those bogus comments from bogus consumer profiles.   In the event, if you're wondering that there isnt any way to track down those consumers.

Bitcoin Multiply Times is probably a ponzi scheme.   They May 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 true 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 that offer dual or 100x bitcoins towards your initial investment and after having several bad efforts, I learnt that these individuals are really smart at luring innocent customers and ultimately scamming them.For example, take a look at this website that I found on dark web.

There's no way these men are generating that amount of Bitcoins from nowhere.You can inquire, 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, every transaction made is supported by at least 2 nodes and then merged into block-chains.

So how can anyone mine unknown BitcoinsThat is why any website that 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 even 100x, they'll just do this quietly. They can just 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 some 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 consistently wins.Transaction proofs More Info to entice additional investorsThey may 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 site and all the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be followed like money. 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 Watch: Hacking Bitcoins The way its done1. Exchanging your local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends borders and traditional valuing of currency.