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Bitcoin Multiply Times represents an ICO.   They raise money demanded for their operations from the investors.   In return, the investors are entitled to some amount of gains in the near future.   We checked FCA and FTC to find out, if that company is controlled. Unfortunately, we did not find any details about them, which is a massive concern. .

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

This platform States that, they have 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 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 defects in the blockchain as they say, even if it was accurate, then why would they let it to the public instead of making money for themselves

Earning profits without getting exposed to danger is hopeless.   On the other hand, the only thing you can do is to diversify them that you have greater probability 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 profits are achievable.

The registrant contact details are untraceable.   Though, this website has been around for more than a year, there isnt enough information to trace their traffic resources. For additional information about this site, visit Scamadviser.com.

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Majority of the investment solution uphold transparency.   This firm operates in such a shady way that they are almost unidentifiable.   Moreover, considering the potential risks and the apparent fake return claims, we strongly urge everyone to stay away from them.

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

However, do not get carried off by those bogus 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 ponzi scheme.   They May 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 true 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 sites on TOR network that offer dual 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 finally scamming them.For example, take 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 so sure that those are just scams Because, the answer lies in the open-source Bitcoin code!According into the Bitcoin code, each transaction made is supported by at least two nodes and then coded into block-chains.

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

Every transaction made will be confirmed 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 consistently wins.Transaction evidence to entice additional investorsThey might have made some genuine transactions to entice additional investors.

If possible ask your friend to escape 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 lost to those frauds are lost forever and cannot be followed like money. Before doing any investment, do the following checks consistently: Check their credentials.

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They might be tricked by the initial high returns.Especially be cautious of specifications that require you to introduce new members to the scheme.Also Watch: Hacking Bitcoins The way its done1. Exchanging the local 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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