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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 a amount of gains 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 massive concern. .
Moreover, this firm also refuses to discuss any license details on their website. They're operating in the shadows intentionally. The only contact information they comprise is an email address.
This stage States that, They've found some kind of bug in the blockchain. Apparently, that flaw has enabled these men to scratch 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 are trying to manipulate the newbie investors into thinking they know what they're talking about.
Unfortunately, many individuals made the mistake of trusting them and lost their funds. There isnt any defects in the blockchain since they state, even though it was accurate, then why would they tell it to the public instead of making money for themselves
Earning profits without getting exposed to risk is impossible. On the other hand, 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. Gains 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 data to trace their traffic resources. For more details relating to this site, see Scamadviser.com.
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Vast majority of the investment solution uphold transparency. This company operates in this type of unethical way that they are almost unidentifiable. Moreover, considering the potential risks and the obvious fake return claims, we strongly advise everyone to stay away from them.
This platform showcase few testimonials. All of the comments are extremely flattering. The alleged early users speak about, the way this program helped them earn a good deal of money.
However, do not get carried away by these fake comments from bogus user profiles. In the event, if you're wondering that there isnt any way to track down those users.
Bitcoin Multiply Times is most probably a ponzi scheme. They May procedure some withdrawals every once in a while, but it will ultimately end in a dreadful way. Whenever an opportunity too good to be true arises, do not impulsively make any decision, whatever 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 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 instance, have a look at this site that I found on shadowy web.
There's no way these guys are generating this amount of Bitcoins from nowhere.You can inquire, how can you be so sure that those are just scams Since, the answer lies in the open-source Bitcoin code!According to the Bitcoin code, each transaction made is validated by at least two nodes and then coded into block-chains.
Each transaction made will be validated by a few nodes and only the legitimate ones can enter read the full info here 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 more investorsThey may 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 site and all the invested Bitcoins.Sadly any Coins dropped to those frauds are lost forever and cannot be followed for example cash. Before doing any investment, do the following checks always: Assess their credentials.
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They might be tricked by the initial high returns.Especially be careful of specifications that need you to introduce new members into this 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.