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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 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 details about them, which is a huge concern. .

Moreover, this firm also refuses to share any license particulars on their website.   They are operating from the shadows intentionally. The only contact details that 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 guys 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 people made the mistake of trusting them and lost their funds.   There isnt any defects in the blockchain as they state, even though it had been true, then why can they tell it to the public instead of making money for themselves

Earning profits without getting exposed to danger is hopeless.   On the other hand, the only thing that you can do is to diversify them so that you have better likelihood of success.

They offer 4 Kinds of investment plans.   Gains of 1000% daily is certainly every investors fantasy, but sadly it will just remain unreal.   Cryptocurrency in general has the most 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 site, see Scamadviser.com.

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Majority of the investment solution uphold transparency.   This company operates in such a shady way that they are almost unidentifiable.   Also, considering the potential dangers and the apparent fake return asserts, we strongly advise everyone to stay away from them.

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

But Do not get carried off by these bogus comments from bogus consumer profiles.   In the event, if you were wondering that there isnt any way to track down those users.

Bitcoin Multiply Times is probably a ponzi scheme.   They May process some withdrawals every once in a while, but it will ultimately 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 carefully watching the bitcoin scam websites on TOR network that offer double or 100x bitcoins towards your initial investment and after having many bad attempts, 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 shadowy net.

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

So how can anyone mine unknown BitcoinsThat is the reason any website which claims to find some flaw in the Bitcoin code is merely another Ponzi scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or even 100x, they will only do this quietly. They can just take their one coin and multiply it until they attain the 21 million Bitcoin limit determined by its founder.

Each transaction made will be validated by some nodes and only the legitimate 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 evidence to entice more investorsThey might 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 lost to those frauds are lost forever and cannot be traced like money. Before doing any investment, do the following checks consistently: Check their credentials.

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They might be fooled 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 your local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends borders and reference traditional valuing of currency.