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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.
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.
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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.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.
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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.
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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
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.