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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 some amount of gains in the near future.   We assessed FCA and FTC to find out, if that firm 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 in the shadows intentionally. The only contact information that they comprise is an email address.

This stage States that, they have found some kind of bug in the blockchain.   Apparently, that flaw has enabled these men to scratch 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 are talking about.

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

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

They offer 4 types of investment plans.   Gains of 1000% every day is certainly every investors dream, but sadly it will just remain unreal.   Cryptocurrency in general gets 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 information to follow their traffic sources. For more details about this website, visit Scamadviser.com.

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Majority of the investment solution uphold transparency.   This company operates in such a shady way That They're almost unidentifiable.   Moreover, considering the potential dangers and the obvious fake return asserts, we strongly advise everyone to stay away from them.

This stage showcase few testimonials.   All of the comments are extremely flattering.   The alleged ancient users speak about, how this program helped them earn a lot websites 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 consumers.

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

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Recently, I have been closely watching the bitcoin scam websites on TOR network offering double or 100x bitcoins towards your initial investment and after having many bad efforts, I learnt that these individuals are really smart at luring innocent users and ultimately scamming them.For instance, have a look at this site that I found on dark net.

There's 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 into the Bitcoin code, every transaction made is validated by at least 2 nodes and then merged into block-chains.

So how can anyone mine unknown BitcoinsThat is why any site sites that 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 this quietly. They can simply take their one coin and multiply it till they reach the 21 million Bitcoin limitation set by its founder.

Every transaction made will be confirmed by a few Top 10 Cloud Mining Sites 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 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 the invested Bitcoins.Sadly any Coins dropped to all those frauds are lost forever and cannot be followed for example money. So before doing any investment, do the following checks consistently: Check their credentials.

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They may be tricked by the initial high returns.Especially be careful of specifications that need you to introduce new members into the scheme.Also See: 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 borders and traditional valuing of currency.