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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 refuses to share any license details on their website.   They're operating from the shadows intentionally. The only contact information that they feature is an email address.

This stage States that, They've found some kind of bug in the blockchain.   Apparently, that defect has enabled these guys to scrape themselves a profit each time a transaction occurs.

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This narration will be absolutely ridiculous 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 say, even if it had been accurate, then why would they tell it to the public instead of making money for themselves

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

They offer 4 Kinds 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 gains are achievable.

The registrant contact details are untraceable.   Though, this website has been around for more than a year, there isnt enough data to follow their traffic sources. For more details relating to this website, 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're almost unidentifiable.   Also, considering the potential dangers and the apparent fake return claims, we strongly urge everyone to stay away from them.

This stage showcase few testimonials.   All the comments are extremely flattering.   The alleged ancient 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 user profiles.   In the event, if you were wondering 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 impulsively make any decision, regardless of the kind of convincing narration that these fraudsters come up with. .

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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 attempts, I learnt that these people are very smart at luring innocent users and ultimately scamming them.For instance, take a look at this site that I found on shadowy web.

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

So how can anyone mine unknown BitcoinsThat is the reason any site which claims to find some defect in the Bitcoin code is just another Ponzi scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or 100x, they will just do that quietly. They can simply take their one coin and multiply it till they reach the 21 dig this million Bitcoin limit set by 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 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 website and all the invested Bitcoins.Sadly any Coins lost to those frauds are lost forever and cannot be traced for example money. Before doing any investment, do the following checks consistently: Assess their credentials.

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