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Bitcoin Multiply Times represents an ICO.   They raise money required 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 firm is controlled. Unfortunately, we did not find any information about them, which is a huge concern. .

Furthermore, This firm also refuses to share any license particulars on their website.   They are operating from the shadows intentionally. The only contact information they feature is an email address.

This stage States 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're talking about.

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

Earning gains without getting exposed to danger is impossible.   On the other hand, the only thing you can do is to diversify them so that you have greater probability 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 has the maximum amount of volatility, but that does not means these kind of profits 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 additional information about this site, visit Scamadviser.com.

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Majority of the investment solution uphold transparency.   This company operates in this type of unethical way that they are almost unidentifiable.   Also, considering the potential dangers and the apparent fake return claims, we strongly advise everyone to steer clear of them.

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

But Do not get carried away by these fake comments from bogus user profiles.   In case, if you were wondering that there isnt any way to track down those users.

Bitcoin Multiply Times is probably a ponzi scheme.   They May procedure 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, 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 that offer double or 100x bitcoins towards your initial investment and after having several bad efforts, I learnt that these individuals are very smart at luring innocent customers and finally scamming them.For instance, have a look at this website that I found on shadowy net.

There's no way these guys are generating this 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, every transaction made is validated by at least 2 nodes and then coded into block-chains.

Just 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 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 limitation set by its founder.

Each read this post here 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 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 site and all the invested Bitcoins.Sadly any Coins lost to all those frauds are lost forever and cannot be traced like cash. Before doing any investment, do the following checks always: Check their credentials.

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