Bitcoin Forum

I would like to warn people about another method of scam in youtube this scam video have over 40k views I reported it to Google multiple times but it's still up. Also he deleted my comments

https://youtu.be/4Cr6b4vggPk

It's called Flash loan.  The video above is a scam
The contract that you have to copy paste actually will send your bnb to the scammer address without you realizing it.

For more information about how this scam works please see the video below.
https://youtu.be/WG5VLt0nXAQ

If anyone have time to report that scam video  your report might help saving someones hard earned coins.

Definitely a scam lol

The video even has like 1000 likes and so many botted comments  :o

A true arbitrage bot is effing hard to build(given the competition for opportunities) and a BNB bot would require at least 1TB nvme SSD server for a node that will cost like 1000 USD/monthly(thank you PieceOfShit protocol) to have an advantage. You just can't run it from a browser lol
Also, it requires zero BNB to run other than some BNB for the gas fees and contract deployment.

So yea, this is a scam. And you will never find a working arbitrage alpha bot on youtube. You will have to code it yourself(I tried in 2021 but failed due to massive competition and frontrunning, it ain't easy).

Yes also google didn't take down the video yet .

Reported it as "Spam or Misleading -> Scams or fraud" and for additional details is "crypto related scams"

Let's see if youtube will take down the vid  from a single report or two, or it needs a mass report before doing something.

Also just reported it as a scam...

Seriously guys, I am so thankful for the "wise" forum members here. I was doing research about different flash loan bots and found this thread. I guess the old crypto rule will always apply: If something sounds too good (and too easy) to be true, it is just another scam...

Report this https://www.npmjs.com/package/pancakeswap.com?activeTab=explore
because there is the code of scammer wallet from where is inport into smart contract from video. If this is take down then the scam can't run.

Regards!