Learning everyday.

in #scams11 months ago

So, I realize that the majority (like 99.9%) of the internet crypto mining sites go bust after a few weeks, months and sometimes even days. The web is filled with the "earn 10% daily LTC, TRX, DOGE" etc on your investment. Investment, in these cases, should really be reworded as Gamble.
Suffice it to say, if they don't disappear too quickly, you can recoup your investment and maybe make a bit of crypto. Bear in mind, they all eventually seem to disappear.

[sidebar] Hat's off to freebitco.in a perrenial, well-coded BTC operation and opportunity.

Recently LTCAutomining vanished. I think I got in on day 1 or 2, invested, recouped, then reinvested all additional earnings looking for a small payday. Unfortunately, I came up a day late and a dollar short. I almost never participate in these type of excursions - usually only when I am bored with the same old same old.

Anyway - what this post is really about is that I used the Bing AI feature to try and dissect LTCAutomining after the fact. I wanted to see what AI could tell me about this disappearing act.

According to the website of ltcautomining.com¹, the registrar is Velor David, who is also the CEO of LtcAutoMining¹². The company is registered in London, No 14464398². However, some reviews on Trustpilot⁴⁵ claim that the site is a scam and will not pay out the profits. Please be careful and do your own research before investing in any online platform.🙏

Source: Conversation with Bing, 5/24/2023
(1) LtcAutoMining.Com-Mine Litecoin Like Mining Expert. https://ltcautomining.com/.
(2) LtcAutoMining.Com-Mine Litecoin Like Mining Expert. https://ltcautomining.com/?a=cust&page=about.
(3) Read Customer Service Reviews of ltcautomining.com - Trustpilot. https://www.trustpilot.com/review/ltcautomining.com.
(4) Ltcautomining Reviews | Read Customer Service Reviews of ltcautomining .... https://www.trustpilot.com/review/ltcautomining.com?page=2.
(5) How to register in LtcAutomining - YouTube.

The name David Velor apparently is synonymous with online scams. Not that it is the only name but good to know. As well, AI is a helpful tool for doing due diligence and perhaps getting a bead on the legitimacy of a new opp. before committing any of your funds.

Have a fantastically profitable day. Abundance is everywhere.