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:
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.
Lets not do that Don, let's have an intellectual conversation, so we can progress. Thank you.
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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.
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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.
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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.
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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.
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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.
It is built like a lottery so it can survive this way, pay you 99.9% without going bankrupt.
Take a look at the X99 world
https://unlimitedmoneyglitch.com/generator/TaytonX99
Much more winners in the lottery versus a regular lottery.
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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.
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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.