Scam Alert: "Unlimited Money Generator" Website

ditec_wrogn

jr. member

Activity: 98

Merit: 5

Hello, just wanted to give y'all a heads up about this scam website.

This scammer is also doing some shady stuff like ban evasion and mentioning popular members (like Cyrus) without their consent. They even hijacked a thread to promote their scam website. You can check it out here: https://bitcointalksearch.org/topic/m.64176499.

Here's the proof that they're evading bans:

Quote from: mprep on July 21, 2014, 12:27:51 PM

25. Ban evasion (using or creating accounts while one of your accounts is banned) is not allowed.[e]

Quote from: unlimitedmoneygenerator on June 05, 2024, 12:58:09 AM

If sockpuppets refer to alternate accounts, the only alt attached to UMG, is 'GluttonyY'. This is your confirmation. And the intention of this account, is not to avoid reputation, from the UMG account.

Quote from: Igebotz on June 14, 2024, 05:11:47 AM

Quote from: holydarkness on June 14, 2024, 04:33:44 AM

Quote from: Poker Player on June 13, 2024, 10:47:08 PM

Quote from: logfiles on June 13, 2024, 07:24:05 PM

The better news is that GluttonyY is now permanently banned. Perhaps due to the multiple stupid unsolicited PMs. The other account could get permanently banned too, any time they decide to post from it.

Without ruling out that he may come back with another account, it is time to lock the thread. He may be watching the forum and I think we should not give him more attention than he deserves.

He does. UMG was previously inactive for days while GluttonyY kept being online [presumably tempo-banned], UMG's account is active today. But that ~~wouldn't~~ shouldn't make much difference, like logfiles said, anytime he decides to post from another account, be it UMG or other account he newly created, excepting a ban appeal, the account should be and would be included in the ban.

The UMG account is only on a read -mode as he's temporary banned for 7 days.

Update

Great news, folks! The scammer has finally been banned. It's over for now.

holydarkness

legendary

Activity: 2632

Merit: 1462

Yes, I'm an asshole

Quote from: ditec_wrogn on July 08, 2024, 12:15:51 PM

Hey there,

I just wanted to follow up on my previous post about the scam service, Unlimited Money Generator, and the user behind it. It looks like they are trying to cover up their tracks by deleting all of the posts on their thread (https://bitcointalksearch.org/topic/m.64175328). This is a common tactic used by scammers to avoid accountability and make it harder for people to find information about their scams.

To make matters worse, the user has also created a thread with the title "Artificial Intelligence is Dangerous. Proceed with Caution." (https://bitcointalksearch.org/topic/--5502168) on the "Reputation" board to promote their scam service.

I hope that this serves as a warning to anyone considering using their service. Be cautious and do your research before handing over any money or personal information.

UMG can rest assured that his posts are completely and meticulously well preserved through Ninjastic and Loyce's archiver, so if he [as you suspected] deleted those posts to avoid accountability and/or any other malicious intent, then it's rather useless as the forum is always just one click away [metaphorically speaking, since it requires several click, LOL] from the original content of a post or thread.

ditec_wrogn

jr. member

Activity: 98

Merit: 5

Hey there,

I just wanted to follow up on my previous post about the scam service, Unlimited Money Generator, and the user behind it. It looks like they are trying to cover up their tracks by deleting all of the posts on their thread (https://bitcointalksearch.org/topic/m.64175328). This is a common tactic used by scammers to avoid accountability and make it harder for people to find information about their scams.

To make matters worse, the user has also created a thread with the title "Artificial Intelligence is Dangerous. Proceed with Caution." (https://bitcointalksearch.org/topic/--5502168) on the "Reputation" board to promote their scam service.

I hope that this serves as a warning to anyone considering using their service. Be cautious and do your research before handing over any money or personal information.

Maus0728

legendary

Activity: 1904

Merit: 1563

Only a stupid person would fall for this if I'm being honest, I mean look at it this way, you see that it's called Unlimited Money Generator, that should've ticked off all the red flags that you're looking for in a scam website or service, it doesn't even take that much brainpower to remember that if something is too good to be true, that it probably is too good to be true. It would be your fault falling for such an obvious scam, too greedy to even think about why you should allow this to happen to you is beyond me. Hopefully no one is really stupid enough to fall for this one.

EarnOnVictor

hero member

Activity: 826

Merit: 641

Leading Crypto Sports Betting & Casino Platform

Quote from: ditec_wrogn on June 05, 2024, 05:49:46 AM

The website claims to have a 99.9% RTP (return to player) rate, which is ridiculously high. And the creator says they're not at risk of going bankrupt because they take a 0.1% fee from all the money available. Yeah, because that's how casinos work...

Nice graphic the guy has there, but he should go and fake other forums and not the people here. What you wrote above struck my annoyance yesterday when I read his thread and also the reason why I skipped the page pretty fast. Only the gullible can fall for this, it's cheap like the old. How can a casino or whatever he calls itself pride itself on a 99.9% RPT, I wonder how the casino will be winning and be successful. Perhaps, it's for charity...lol

Another annoying part is the 16+ that can access the casinos. Is it not to swindle the young ones who can't yet decipher their rights from their wrong? Maybe he expected them to steal their momma's money to gamble, I don't just know.

ditec_wrogn

jr. member

Activity: 98

Merit: 5

Quote from: GluttonyY on June 06, 2024, 01:01:34 PM

Quote from: ditec_wrogn on June 06, 2024, 07:00:34 AM

Shoutout to everyone supporting the flag against Unlimited Money Generator, it's great to see the community do something to warn others about these scams! Even the owner/promoter themselves are acknowledging it's a scam, lol.

How old are you, 9 years old?

Let me delete my messages real quick, Lol I don't want anyone to know I ever talked to someone this stupid lol.

Hey GluttonyY, nice try at deleting your previous message, but it's still here for everyone to see. You can't erase the fact that you tried to defend Unlimited Money Generator, even though it's clearly a scam. Your attempt to save face by insulting me and then deleting your message is pretty pathetic.

GluttonyY

copper member

Activity: 56

Merit: 0

Quote from: ditec_wrogn on June 06, 2024, 07:00:34 AM

Shoutout to everyone supporting the flag against Unlimited Money Generator, it's great to see the community do something to warn others about these scams! Even the owner/promoter themselves are acknowledging it's a scam, lol.

How old are you, 9 years old?

Let me delete my messages real quick, Lol I don't want anyone to know I ever talked to someone this stupid lol.

BitcoinGirl.Club

legendary

Activity: 2800

Merit: 2736

Farewell LEO: o_e_l_e_o

Some of the forum members [not a newbie like you] are also feeding this troll. Is it really necessary? Here is what I found from a random internet search. Perhaps it will help some of you.

ditec_wrogn

jr. member

Activity: 98

Merit: 5

Shoutout to everyone supporting the flag against Unlimited Money Generator, it's great to see the community do something to warn others about these scams! Even the owner/promoter themselves are acknowledging it's a scam, lol.

ditec_wrogn

jr. member

Activity: 98

Merit: 5

Quote from: examplens on June 05, 2024, 03:39:20 PM

Can you use this scam report format, and update it in the first post?

Code:

[b][color=black]What happened:: [/color][/b]

[b][color=black]Scammers Profile Link: [/color][/b]

[b][color=black]Reference Link: [/color][/b]
[b][color=black]Amount Scammed: [/color][/b]
[b][color=black]Payment Method: [/color][/b]
[b][color=black]Proof of Payment: [/color][/b]
[b][color=black]PM/Chat Logs: [/color][/b]
[b][color=black]Additional Notes: [/color][/b]

Also, post the website address. I can't find for sure which site you mean. It makes things even more difficult because the user you are pointing to is on ignore for me, which is also invisible to me.
It is quite possible that you are right and that it is a fraudster, but we cannot tag someone based only on assumptions and without clear evidence of fraud or at least the intention of fraud.

Thanks for the suggestion on the scam report format! Appreciate it, dude. I've already included the website address in my original report: unlimitedmoneyglitch.com. You can check it out and see the red flags for yourself. Hit me up if there's anything else I need to do.

examplens

legendary

Activity: 3472

Merit: 3507

Crypto Swap Exchange

Can you use this scam report format, and update it in the first post?

Code:

[b][color=black]What happened:: [/color][/b]

[b][color=black]Scammers Profile Link: [/color][/b]

[b][color=black]Reference Link: [/color][/b]
[b][color=black]Amount Scammed: [/color][/b]
[b][color=black]Payment Method: [/color][/b]
[b][color=black]Proof of Payment: [/color][/b]
[b][color=black]PM/Chat Logs: [/color][/b]
[b][color=black]Additional Notes: [/color][/b]

Also, post the website address. I can't find for sure which site you mean. It makes things even more difficult because the user you are pointing to is on ignore for me, which is also invisible to me.
It is quite possible that you are right and that it is a fraudster, but we cannot tag someone based only on assumptions and without clear evidence of fraud or at least the intention of fraud.

ditec_wrogn

jr. member

Activity: 98

Merit: 5

Quote from: ?? on ??

Quote from: ditec_wrogn on June 05, 2024, 01:22:04 PM

Quote from: ?? on ??

Quote from: ditec_wrogn on June 05, 2024, 12:45:26 PM

Quote from: ?? on ??

--snip--

I'm not impressed with GluttonyY's response. Instead of addressing my concerns and providing some much-needed transparency, he's getting defensive and trying to intimidate me. This kind of behavior is a classic sign of a scammer trying to cover their tracks.

And let's not forget, GluttonyY, you know as well as I do that this forum has a time limit for writing multiple posts. You're trying to rush me into responding to all your points at once, but I'm not falling for it. I'll take my time, quote your posts one by one, and address each of your weak excuses separately.

So, let's start with your first response. You claim that your system is fair and transparent, but you've yet to provide any real evidence to back that up. Until you can do that, I'll remain skeptical. And what's even more telling is that your attack responses so far haven't done anything to explain why UMG isn't a scam - they've only served to further raise my suspicions.

Quote

And let's not forget, GluttonyY, you know as well as I do that this forum has a time limit for writing multiple posts. You're trying to rush me into responding to all your points at once, but I'm not falling for it. I'll take my time, quote your posts one by one, and address each of your weak excuses separately.

I am not doing that, I was not even aware that rule existed. Likewise please quote the posts, and let me know what does not add up.

Quote

. And what's even more telling is that your attack responses so far haven't done anything to explain why UMG isn't a scam - they've only served to further raise my suspicions.

I am not attacking you I am explaining to you, why this system can have a 99.9% RTP, and still survive, likewise it not being a scam.

Comment as fast as you want, as long as you interact with me no admin, will bother you, because they know gravity of UMG.

'Classic sign of being a scammer', okay, but let's get to the bottom of my desires.

Quote

You claim that your system is fair and transparent, but you've yet to provide any real evidence to back that up.

1. All payouts are reflected back to the screen. Each payout, will contain the username of the player, how much they won, and how much money they spent in order to win.

2.Market Cap, users can see how much money is available in each world, so they can make more wiser decisions, on if they want to bet their money.. Are the rewards worth it, essentially..

3. Fair.

Each world, has an algorithm setting each user at the same advantage, so even if they have the minimum amount required to participate, they still have the same chance of winning as everyone else
Each world, contains a fair system, showing you the numbers and winners, every 5 seconds. Bare minimum it would be extremely hard to rig this system, as there are multiple worlds, with lotteries occurring every 5 seconds, every 24 hours. (Scam Protected) I would have to be awake for 24 hours, to rig the system or I would have to have a dedicated team. Likewise on top of that, the system is already profiting without bothering you at all. Taking a 0.1% fee. So in virtue it is a 1% chance this is a scam. The only reason users, would call it a scam is because of the name. If everyone knew the underlying function they would know it's borderline impossible for the system to be a scam. Likewise it containing many benefits, that will help gamblers overall.

4. Users can add all the payouts on the screen and determine, if the money was distributed correctly, using simple mathematics.

5. The system can operate upon 99.9% RTP, because it is operating on the basis of a lottery in each world. So 99.9% RTP, only means that 99.9% of all the money in the lottery, will be returned back, there is nothing wrong with this.

6.Users can pvp, 1v1, in this lottery system, likewise, 99.9% RTP, not being an issue, since it is a lottery mechanism.

Hopefully, you are beginning to understand, there are no red flags, other than the poor website design.

This is not to say the rtp will always be 99.9%, but as of right now, it is and it will stay that way.

The lowest I see the rtp going is 99%

GluttonyY, I'm not impressed by your attempts to deflect and misdirect. You're still not providing any concrete evidence to back up your claims, and instead, you're trying to shift the focus to your supposed "transparency" and "fairness".

Let's break down your points one by one:

You claim that all payouts are reflected on the screen, but that's not enough to prove that your system is fair and transparent. Anyone can display fake payouts to make it look like their system is working.
Your Market Cap feature is just a fancy way of saying that users can see how much money is available in each world. That doesn't prove anything about the fairness of your system.
Your "Fair" system is just a bunch of vague claims about algorithms and equal advantages. You're not providing any real evidence or explanations about how your system works. And your "Scam Protected" claim is just laughable.
Users can add up payouts on the screen, but that's not a reliable way to determine if the money was distributed correctly. You're still not providing any real transparency or accountability.
Your explanation of the 99.9% RTP is just a bunch of word salad. You're not explaining how your system can sustain such a high RTP without going bankrupt. And your claim that it's a lottery mechanism doesn't make sense.
Your PvP feature is just a distraction from the real issues with your system.

You're still not addressing the concerns I raised in my initial report, and your responses are only raising more suspicions. I'm not buying your "poor website design" excuse, and I'm not going to back down from calling out your scam.

I also forget to say you should already be familiar with the forum rules, considering you were once a newcomer like me and had to learn them to participate in the community. It's surprising that you're feigning ignorance about the time limit for writing multiple posts, given your experience on this forum.

Bro, a lottery cannot bankrupt from paying all the money put into back.

What don't you understand. Remove your negative flags, you not comprehending bro.

Fucking word, salad. Did you learn that word, from my trust ratings.

Likewise, I don't care what you do ditec, you not backing down from your 'scam allegations' is you just saying hey ' I am a blind idiot, I don't know what the fuck I am talking heyyyy, scammmm even though there is no way the system can scam you, I just have not comprehended correctly and now I am spreadigggg falsee narrativeeess ah-ah -ah robot'

RObot chicken!

There are no issues with the system, a lottery occurring every 5 seconds, 24 hours, nobody has time to rig that.

'My attempts to deflect and misdirect' Like I am fucking lying to you, shut the hell up with that. You sound stupid.

Like I am putting all this damn energy in to scam you, like I am not putting in effort to help you understand.

Jump on that bandwagon, I'll make you look stupid, my intentions are pure, there is no way you can make me look like a fool.

You look like a fool, spamming me not giving me enough time to respond to you.

I'm surprised by your aggressive tone and personal attacks. Let's focus on the facts. You claim I don't understand that a lottery can't go bankrupt from paying out all the money put in, but that's not what I said. My concern is about the website's claim of a 99.9% RTP, which is ridiculously high and unsustainable in the long run. I asked how the system can sustain such a high RTP without going bankrupt, and your response was just a bunch of word salad.

You're trying to justify the system by saying it's a lottery mechanism, but that doesn't explain how it can maintain a 99.9% RTP. Lotteries typically have a much lower RTP, and it's unclear how this system can defy the laws of probability. My report raised legitimate concerns about the website's lack of transparency and suspicious claims, and I won't remove the flags just because you're trying to discredit me.

It's interesting that you're using pejorative terms like 'blind idiot' to refer to me. This kind of language only reinforces my suspicions that you're promoting UMG despite knowing it's a scam. If you were genuinely interested in helping people understand the system, you wouldn't resort to insults and personal attacks.

ditec_wrogn

jr. member

Activity: 98

Merit: 5

Quote from: ?? on ??

Quote from: ditec_wrogn on June 05, 2024, 12:45:26 PM

Quote from: ?? on ??

--snip--

I'm not impressed with GluttonyY's response. Instead of addressing my concerns and providing some much-needed transparency, he's getting defensive and trying to intimidate me. This kind of behavior is a classic sign of a scammer trying to cover their tracks.

And let's not forget, GluttonyY, you know as well as I do that this forum has a time limit for writing multiple posts. You're trying to rush me into responding to all your points at once, but I'm not falling for it. I'll take my time, quote your posts one by one, and address each of your weak excuses separately.

So, let's start with your first response. You claim that your system is fair and transparent, but you've yet to provide any real evidence to back that up. Until you can do that, I'll remain skeptical. And what's even more telling is that your attack responses so far haven't done anything to explain why UMG isn't a scam - they've only served to further raise my suspicions.

Quote

And let's not forget, GluttonyY, you know as well as I do that this forum has a time limit for writing multiple posts. You're trying to rush me into responding to all your points at once, but I'm not falling for it. I'll take my time, quote your posts one by one, and address each of your weak excuses separately.

I am not doing that, I was not even aware that rule existed. Likewise please quote the posts, and let me know what does not add up.

Quote

. And what's even more telling is that your attack responses so far haven't done anything to explain why UMG isn't a scam - they've only served to further raise my suspicions.

I am not attacking you I am explaining to you, why this system can have a 99.9% RTP, and still survive, likewise it not being a scam.

Comment as fast as you want, as long as you interact with me no admin, will bother you, because they know gravity of UMG.

'Classic sign of being a scammer', okay, but let's get to the bottom of my desires.

Quote

You claim that your system is fair and transparent, but you've yet to provide any real evidence to back that up.

1. All payouts are reflected back to the screen. Each payout, will contain the username of the player, how much they won, and how much money they spent in order to win.

2.Market Cap, users can see how much money is available in each world, so they can make more wiser decisions, on if they want to bet their money.. Are the rewards worth it, essentially..

3. Fair.

Each world, has an algorithm setting each user at the same advantage, so even if they have the minimum amount required to participate, they still have the same chance of winning as everyone else
Each world, contains a fair system, showing you the numbers and winners, every 5 seconds. Bare minimum it would be extremely hard to rig this system, as there are multiple worlds, with lotteries occurring every 5 seconds, every 24 hours. (Scam Protected) I would have to be awake for 24 hours, to rig the system or I would have to have a dedicated team. Likewise on top of that, the system is already profiting without bothering you at all. Taking a 0.1% fee. So in virtue it is a 1% chance this is a scam. The only reason users, would call it a scam is because of the name. If everyone knew the underlying function they would know it's borderline impossible for the system to be a scam. Likewise it containing many benefits, that will help gamblers overall.

4. Users can add all the payouts on the screen and determine, if the money was distributed correctly, using simple mathematics.

5. The system can operate upon 99.9% RTP, because it is operating on the basis of a lottery in each world. So 99.9% RTP, only means that 99.9% of all the money in the lottery, will be returned back, there is nothing wrong with this.

6.Users can pvp, 1v1, in this lottery system, likewise, 99.9% RTP, not being an issue, since it is a lottery mechanism.

Hopefully, you are beginning to understand, there are no red flags, other than the poor website design.

This is not to say the rtp will always be 99.9%, but as of right now, it is and it will stay that way.

The lowest I see the rtp going is 99%

GluttonyY, I'm not impressed by your attempts to deflect and misdirect. You're still not providing any concrete evidence to back up your claims, and instead, you're trying to shift the focus to your supposed "transparency" and "fairness".

Let's break down your points one by one:

You claim that all payouts are reflected on the screen, but that's not enough to prove that your system is fair and transparent. Anyone can display fake payouts to make it look like their system is working.
Your Market Cap feature is just a fancy way of saying that users can see how much money is available in each world. That doesn't prove anything about the fairness of your system.
Your "Fair" system is just a bunch of vague claims about algorithms and equal advantages. You're not providing any real evidence or explanations about how your system works. And your "Scam Protected" claim is just laughable.
Users can add up payouts on the screen, but that's not a reliable way to determine if the money was distributed correctly. You're still not providing any real transparency or accountability.
Your explanation of the 99.9% RTP is just a bunch of word salad. You're not explaining how your system can sustain such a high RTP without going bankrupt. And your claim that it's a lottery mechanism doesn't make sense.
Your PvP feature is just a distraction from the real issues with your system.

You're still not addressing the concerns I raised in my initial report, and your responses are only raising more suspicions. I'm not buying your "poor website design" excuse, and I'm not going to back down from calling out your scam.

I also forget to say you should already be familiar with the forum rules, considering you were once a newcomer like me and had to learn them to participate in the community. It's surprising that you're feigning ignorance about the time limit for writing multiple posts, given your experience on this forum.

ditec_wrogn

jr. member

Activity: 98

Merit: 5

Quote from: ?? on ??

Quote

The website claims to have a "Fair System" that ensures no number can be pre-selected to win, but it's unclear how this system actually works.

Quote

The platform allows users to create custom worlds with up to $5,000 orders, which sounds like a recipe for disaster.

I agree, but let us push the innovation forward. I won't stop my innovation, due to trust issues. Trust issues is a personal problem for you, I am not just catering to Bitcoin Talk users. I am making improvements, in virtue of pushing my invention to its limits, regardless of the limiting factors, the Bitcoin Talk Forum presents.

Quote

The website claims to have a "Market Cap" feature that shows how much currency is owed back to players, but this could be easily manipulated.

True, but if you create a world, the market cap will be 0. when you place an order, it will be your order amount. When another user comes, it will update again.

You will be aware if it is being manipulated.

Likewise, I am not manipulating it, and there is no foul play.

Quote

The creator of the platform seems to be trying to justify their system by explaining how "entries" (i.e., luck) affect the chances of winning, but it's a convoluted mess.

Really? It is complex mate? You users don't make it any easier. There is only a few people challenging, me helping me work on my theories. I can't challenge my brain, if you users aren't asking the right questions. There was holydarkness, who asked me really good questions, and we made some nice progress.

Quote

The Unlimited Money Generator is a system dispersing money to users at an extremely high rate. It operates as a non-bias system, controlled by no algorithm ensuring the highest possibility of obtaining currency if correctly participating in the system. Yeah, right.

This is true my friend.

Take a look at the X99 world

https://unlimitedmoneyglitch.com/generator/TaytonX99

Much more winners in the lottery versus a regular lottery.

Quote

The creator says that the system is designed for players to win, participants winning money will not affect the host, and the host has no edge or reason to beat its players. Sounds like a fairy tale.

Absolutely not, this is true. Because it is pvp. If you win, you are taking someone else's money. This is not a casino. It's a betting platform. With no limits. Or rules. Just need to establish trust, so you get in there.

Quote

The website claims to have a 99.9% RTP (return to player) rate, which is ridiculously high. And the creator says they're not at risk of going bankrupt because they take a 0.1% fee from all the money available. Yeah, because that's how casinos work...

This is true, because UMG will take 0.1% of all winnings. It is making money by users winning money. And it takes a small fee. It is not a casino/ rather a unique betting platform.

Quote

The creator is trying to justify their system by saying that it's not a scam because they're not making money from users losing, but from taking a small fee from all the money available. That's just a clever way of saying they're still making money off users.

No it's not, the system get's paid by taking a 0.1% of each lottery.

It is built like a lottery so it can survive this way, pay you 99.9% without going bankrupt.

Quote

The website claims to have many methods for making money, and that the whole point is to make something that's "too good to be true". That's just a warning sign if I've ever seen one.

Unlimited Money Generator was invented with my eyes closed, multiple hours in a room thinking. It is too good to be true, and all the features are real.

Quote

The website's unprofessional design and lack of transparency only add to my suspicions. Did anyone else notice any other red flags that I might have missed?

I built the website, likewise the unprofessional design, it will get better overtime. There is transparency where needed. But UMG is skill-based, so you will have to figure out methods, likewise the lack of transparency. I don't want to tell users how to play, because I want them to learn so their is a skill gap.

I'm not impressed with GluttonyY's response. Instead of addressing my concerns and providing some much-needed transparency, he's getting defensive and trying to intimidate me. This kind of behavior is a classic sign of a scammer trying to cover their tracks.

And let's not forget, GluttonyY, you know as well as I do that this forum has a time limit for writing multiple posts. You're trying to rush me into responding to all your points at once, but I'm not falling for it. I'll take my time, quote your posts one by one, and address each of your weak excuses separately.

So, let's start with your first response. You claim that your system is fair and transparent, but you've yet to provide any real evidence to back that up. Until you can do that, I'll remain skeptical. And what's even more telling is that your attack responses so far haven't done anything to explain why UMG isn't a scam - they've only served to further raise my suspicions.

ditec_wrogn

jr. member

Activity: 98

Merit: 5

Quote from: Don Pedro Dinero on June 05, 2024, 08:32:36 AM

Quote from: ditec_wrogn on June 05, 2024, 05:49:46 AM

I'm convinced that this platform is A SCAM, and I'd advise everyone to steer clear of it.

You should leave negative feedback to the OP and consider creating a flag, even if you are not in DT. I'm not clear if you are an alt account, but in any case it is allowed. I think that if you create a newbie warning flag you will have support, judging by what they say in another thread:

Quote from: DaveF on June 05, 2024, 07:13:14 AM

Any reason nobody has opened up a flag on the OP? Looking at what is going on and what they are claiming it seems like one is needed.

Hey Don Pedro Dinero, thanks for the advice! I appreciate your response and will definitely leaving negative feedback and creating a flag to warn others about this suspicious platform. I'll take a closer look at the process and see what I can do to help spread the word about this potential scam. Thanks again for your input!

Don Pedro Dinero

legendary

Activity: 1358

Merit: 1565

The first decentralized crypto betting platform

Quote from: ?? on ??

Lets not do that Don, let's have an intellectual conversation, so we can progress. Thank you.

I don't get involved in this ruckus, at least for the moment, and all I tell the OP is what he should do since he thinks your service is a scam. The trust system is there for that and even if he is not in DT he should act accordingly if he thinks so.

Yes, of course, we can have an intellectual conversation on the subject.

Don Pedro Dinero

legendary

Activity: 1358

Merit: 1565

The first decentralized crypto betting platform

Quote from: ditec_wrogn on June 05, 2024, 05:49:46 AM

I'm convinced that this platform is A SCAM, and I'd advise everyone to steer clear of it.

You should leave negative feedback to the OP and consider creating a flag, even if you are not in DT. I'm not clear if you are an alt account, but in any case it is allowed. I think that if you create a newbie warning flag you will have support, judging by what they say in another thread:

Quote from: DaveF on June 05, 2024, 07:13:14 AM

Any reason nobody has opened up a flag on the OP? Looking at what is going on and what they are claiming it seems like one is needed.

ditec_wrogn

jr. member

Activity: 98

Merit: 5

What happened:
The website "Unlimited Money Generator" (unlimitedmoneyglitch.com) is claiming to offer an "All-In-One Gambling, Trading, and Lottery Platform" with promises of unlimited money generation, but it's likely a scam.

Scammers Profile Link:
https://bitcointalksearch.org/user/unlimitedmoneygenerator-3612914
https://bitcointalksearch.org/user/gluttonyy-3615431

Reference Link:
https://bitcointalksearch.org/topic/m.64024596

Amount Scammed:
None (but potentially unlimited, given the website's claims)

Payment Method:
Unlimited Money Generator payment system

Proof of Payment:
None (I'm not stupid to give them money)

PM/Chat Logs:
None (as I never write PM with any of them)

Additional Notes:
The website's claims are highly suspicious, with a 99.9% RTP and promises of unlimited money generation. The website's design and lack of transparency also raise red flags. I believe it's essential to warn others about this potential scam.

I came across a discussion on this forum where a user mentioned a suspicious website claiming to offer an "All-In-One Gambling, Trading, and Lottery Platform" with promises of unlimited money generation. The platform boasts a "Provably Fair" system, but I'm not buying it. To make matters worse, the website looks incredibly unprofessional and ugly, which only adds to its shady appearance.

Red Flags:

The website claims to have a "Fair System" that ensures no number can be pre-selected to win, but it's unclear how this system actually works.
The platform allows users to create custom worlds with up to $5,000 orders, which sounds like a recipe for disaster.
The website claims to have a "Market Cap" feature that shows how much currency is owed back to players, but this could be easily manipulated.
The creator of the platform seems to be trying to justify their system by explaining how "entries" (i.e., luck) affect the chances of winning, but it's a convoluted mess.

Even More Shady Claims:

The Unlimited Money Generator is a system dispersing money to users at an extremely high rate. It operates as a non-bias system, controlled by no algorithm ensuring the highest possibility of obtaining currency if correctly participating in the system. Yeah, right.
The creator says that the system is designed for players to win, participants winning money will not affect the host, and the host has no edge or reason to beat its players. Sounds like a fairy tale.
The website claims to have a 99.9% RTP (return to player) rate, which is ridiculously high. And the creator says they're not at risk of going bankrupt because they take a 0.1% fee from all the money available. Yeah, because that's how casinos work...
The creator is trying to justify their system by saying that it's not a scam because they're not making money from users losing, but from taking a small fee from all the money available. That's just a clever way of saying they're still making money off users.
The website claims to have many methods for making money, and that the whole point is to make something that's "too good to be true". That's just a warning sign if I've ever seen one.

I'm convinced that this platform is A SCAM, and I'd advise everyone to steer clear of it. The promises of unlimited money generation and a "Provably Fair" system seem too good to be true. The website's unprofessional design and lack of transparency only add to my suspicions. Did anyone else notice any other red flags that I might have missed?

Links:

Website: unli mited money glitch com
Bitcointalk Thread: https://bitcointalksearch.org/topic/m.64024596

Update

As a follow-up to my initial report, I've created flags against members who own or promote UMG and I'd like to ask the community to support these flags:

Topic: Scam Alert: "Unlimited Money Generator" Website (Read 303 times)