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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 gains in the near future.   We checked FCA and FTC to find out, if this company is regulated. Unfortunately, we did not find any details about them, which is a massive concern. .

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

This platform States that, They've found some kind of bug in the blockchain.   Apparently, that defect has enabled these men to scrape themselves a profit every 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're 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 dropped their funds.   There isnt any flaws in the blockchain as they state, even if it was accurate, then why can they tell it to the public instead of making money for themselves

Earning gains without getting exposed to risk is hopeless.   However, the only thing that 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% daily 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 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're almost unidentifiable.   Also, considering the potential dangers and the apparent fake return claims, we strongly advise everyone to steer clear of them.

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

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

Bitcoin Multiply Times is probably a check ponzi scheme.   They might process some withdrawals every once in a while, but It Is Going to finally 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 closely watching the bitcoin scam websites on TOR network offering double or 100x bitcoins towards your initial investment and after having several bad efforts, I learnt that these people are really smart at luring innocent customers and ultimately scamming them.For example, have a look at this website that I found on dark net.

There is no way these guys are generating this amount of Bitcoins from nowhere.You may ask me, how can you be so sure that those are just scams Since, the answer can be found in the open-source Bitcoin code!According to the Bitcoin code, each transaction made is supported by at least 2 nodes and then merged into block-chains.

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So how can anyone mine unknown BitcoinsThat is the reason any website that claims to find some defect in the Bitcoin code is just another Ponzi scheme. Always.WhyThat is merely logic.If anyone can multiply their single Bitcoin 2x or 100x, they'll only do that quietly. They can simply take their one coin and multiply it till they reach the 21 million Bitcoin limit determined by its founder.

Each transaction made will be validated by a few 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 always wins.Transaction evidence to entice additional investorsThey might have made some genuine transactions to entice more investors.

If possible ask your friend to escape it, read 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 all those frauds are lost forever and cannot be traced like money. So before doing any investment, do the following checks always: Check their credentials.

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

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