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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 checked FCA and FTC to find out, if that company is regulated. Unfortunately, we did not find any information about them, which is a huge concern. .

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

This platform 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 all those of you, who know how cryptocurrencies work.   They're 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 dropped their funds.   There isnt any flaws in the blockchain as 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 you can do is to diversify them so that you have better likelihood of success.

They offer 4 types of investment plans.   Profits of 1000% every day is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general has the maximum amount of volatility, but it 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 information to follow their traffic sources. For additional information about this site, 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.   Also, considering the potential risks and the apparent fake return claims, we strongly advise everyone to stay away from them.

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

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

Bitcoin Multiply Times is most probably a ponzi scheme.   They might go process some withdrawals every once in a while, but it will finally end in a horrible way.   Whenever an opportunity too good to be accurate arises, do not impulsively make any decision, regardless of the kind of convincing narration these fraudsters come up with. .

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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 many bad efforts, I learnt that these people are really smart at luring innocent users and ultimately scamming them.For example, take a look at this site that I found on dark web.

There is no way these men are generating this amount of Bitcoins from nowhere.You can inquire, how can you be sure that those are scams Since, the answer lies in the open-source Bitcoin code!According to the Bitcoin code, every transaction made is validated by at least two 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 merely another Ponzi scheme. Always.WhyThat is merely logic.If anyone can multiply their single Bitcoin 2x or even 100x, they'll only do that quietly. They can just take their one coin and multiply it until they reach the 21 million view Bitcoin limit set 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 proofs to entice additional 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 all the invested Bitcoins.Sadly more tips here any Coins dropped to those frauds are lost forever and cannot be followed like cash. Before doing any investment, do the following checks always: Assess 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 this scheme.Also Watch: Hacking Bitcoins The way its done1. Exchanging the regional currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends boundaries and traditional valuing of currency.