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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 profits in the near future. We checked FCA and FTC to find out, if that firm is regulated. Unfortunately, we did not find any information about them, which is a massive concern. .
Furthermore, This firm also refuses to share any license details on their website. They are 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 defect has enabled these guys to scratch themselves a profit every time a transaction occurs.
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This narration will be absolutely absurd for those of you, who know how cryptocurrencies work. They are 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 defects in the blockchain since they say, even if it had been accurate, then why would they tell it to the public instead of making money for themselves
Earning gains without getting exposed to danger is hopeless. However, the only thing you can do is to diversify them that you have better likelihood of success.
They offer 4 Kinds of investment plans. Profits of 1000% daily 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 site has been around for more than a year, there isnt enough data to trace their traffic sources. For additional information relating to this site, visit 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. Also, considering the potential risks and the obvious fake return claims, we strongly advise everyone to stay away from them.
This platform showcase couple testimonials. All the comments are extremely flattering. The alleged early users speak about, the way this software helped them earn a lot of money.
But Do not get carried away by these fake comments from bogus user profiles. In case, if you're wondering that there isnt any way to track down those consumers.
Bitcoin Multiply Times is most probably a ponzi scheme. They May process a few refunds every once in a while, but it will ultimately end in a horrible way. Whenever an opportunity too good to be accurate 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 carefully watching the bitcoin scam sites on TOR network offering dual or 100x bitcoins towards go to the website your initial investment and after having several bad attempts, I learnt that these individuals are very smart at luring innocent customers and ultimately scamming them.For example, take a look at this site that I found on dark web.
There is no way these guys are generating this amount of Bitcoins from nowhere.You may ask me, how can you be sure that those are scams Because, the answer lies in the open-source Bitcoin code!According to 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 the reason any site which claims to find some flaw in the Bitcoin code is just another Ponzi scheme. Always.WhyThat is just logic.If anyone can multiply their single Bitcoin 2x or even 100x, they will only 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.
Each transaction made will be confirmed by some 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 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 the invested Bitcoins.Sadly any Coins dropped to all those frauds are lost forever and cannot be traced like cash. Before doing any investment, do the following checks always: Assess their credentials.
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They might be fooled by the initial high returns.Especially be cautious of specifications that require you to introduce new members click this into the scheme.Also See: Hacking Bitcoins The way its done1. Exchanging your local currency for bitcoinsBitcoins are on a rising trend gaining recognition and traction as online money that transcends boundaries and traditional valuing of currency.