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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 some 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 information about them, which is a huge concern. .

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

This platform says that, they have found some kind of bug in the blockchain.   Apparently, that flaw has enabled these guys to scrape 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're trying to manipulate the newbie investors into thinking they know what they are talking about.

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

Earning gains without getting exposed to risk is impossible.   However, the only thing you can do is to diversify them that you have better likelihood of success.

They offer 4 types of investment plans.   Profits of 1000% daily is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general has 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 this type of unethical way That They're almost unidentifiable.   Also, considering the potential dangers and the apparent fake return asserts, we strongly advise everyone to stay away from them.

This platform showcase few testimonials.   All the comments are extremely flattering.   The alleged ancient users speak about, how this software helped them earn a lot of money.

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

Bitcoin Multiply Times is probably a ponzi scheme.   They might process some withdrawals every once in a while, but it will ultimately more info here end in a dreadful way.   Whenever an opportunity too good to be accurate 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 sites on TOR network offering double 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 finally scamming them.For example, have a look at this site that I found on shadowy net.

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

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Just how can anyone mine unknown BitcoinsThat is why any website that claims to find some flaw 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 only do this quietly. They can simply take their one coin and multiply it till they reach the 21 million Bitcoin limit set by its founder.

Every transaction made will be validated by some nodes and only the legitimate 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 proofs to entice more 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 like cash. So before doing any investment, do the following checks always: Check their credentials.

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They may be fooled by the initial high returns.Especially be cautious of specifications that require you to introduce new members into the scheme.Also Watch: Hacking Bitcoins How 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.

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