First things first
What is Palm Beach Confidential?
You can check their site
https://www.palmbeachgroup.com/ Palm Beach Confidential is an independent financial publishing company founded by Mark Ford and Tom Dyson in 2011, and provides a wide range of services including stock market investments, cash-generating options strategies, outside the market concepts for generating active income, and entrepreneurial guidelines on launching innovative business platforms.
Among their most famous picks he called Ethereum when it was $10 and Antshares (now NEO) when it was $0,35
They charge $3.000 anually for the newsletter subscription that provides buy alerts + 1 monthly pick with an extensive market research on it, which is released every 3rd Thursday of each month at 5pm EST. This subscription is currently closed to the public. There is now word on when it's going to be open again.
So what if I tell you that you can get the buy alerts + the monthly pick without giving any personal information, for free?
You JUST have to follow https://twitter.com/CBPBotF
Skeptical? Do you have questions? You sure do! Check the FAQ at
www.pbcbot.comBEWARE of this guys two Auto Bots. Although Palm Beach Confidential is actually a legit service and great source for information, But this guys AutoBuy Bot is a scam. His Twitter bot is ok, but he uses the free twitter bot so he can then sell you on his Paid AutoBuy Bot. The paid Autobuy bot gets the immediate coin call from Palm Beach Confidentials website then can immediate buy the coin for you so you can take advantage of the immediate gains. Heres the information you need to know so you dont get scammed or taken advantage of from this guys Bots. And understand he is not affiliated with Palm Beach Confidential.
The autobuy bot guys screen name is LPW and he uses a blue whale as his avatar in most of his various accounts online. So I used to be in his group and paid for his autobuy bot and have two other people i know that also have stopped using his service because the guy is only out for the money grab and to take advantage of his members/customers as much as possible. There are Five massive problems with this guy.
# 1. The biggest problem is obviously he hides the fact that he is not going to adjust his .05 Bitcoin monthly fee as the bitcoin price massively goes up in near future. When bitcoin was at $7000 the fee was $350 per month and a fair monthly price. But when BTC is $10K the fee goes up to $500 per month , bitcoin at $15K raises monthly to $750 per month, and $20K its $1000 per month, and btc is likely to reach $40K in a year then his fee = $2000 per month… Obviously these type of raises in fees are not reasonable or acceptable by anyones standards. Most Crypto services will adjust the price of their Bitcoin fee based on the change of the $ dollar price of Bitcoin. For example Cointracking website is one of the better Trade/Portfolio trackers available for our crypto needs. and here is their pricing statement on their website: ““ Our BTC prices are based on USD values and adjust automatically when the conversion rate changes. And we have added one more decimal place to the BTC price that makes it possible to reflect a more accurate underlying USD value. Our prices are always based on USD values.""
This guy is charging a lot more money then these other services, but he has no real interest in being professional and offering a fair transaction for his customers… Also, when the guy talks or messages in his group you can tell he’s just a kid with the words and lingo he uses, its obvious he’s just out for a money grab. He even laughs and tells everyone in his group that he’s shilling and spamming every blog and crypto group he can so he can make more money…
#2. A person i know from this group just told me there is always a possibility that the coin that Palm Beach Confidential calls each month is not on the Binance or Bittrex exchange. And those are the only two exchanges that this guys AutoBuy bot are connected to and can buy the coin automatically for you. In the case that the coin is not on one of these exchanges, he still takes everyones .05 bitcoin monthly fee. (which now is worth about $500 per month for each person) in this case his customers get nothing, they just lose .05 bitcoin. He had about 35 members or customers paying for the auto buy bot, so he makes around $20,000 in fees each month. If the coin is listed on another exchange and isn’t on Bittrex or Binance he’ll take all the $20,000 in fees and you get nothing if the coin isn’t on the right exchange. Again, obviously he’s only out for the money grab and not a long term thinker looking for long term business.
# 3. He’s only been doing it a few months, but every month he keeps raising the price. First month it was .02 btc fee, then 2nd month went to .03 btc , then his third month he raised it to .05 btc and forces you to have both the paid twitter and the paid autobuy bot. So you can see the guy is just naturally greedy and only out for the money.
# 4. He lies about the amount that the coin pumps and profits for his customers. He constantly is telling his free twiiter bot group that the coin pumps 2x or 3x to get them to pay for AutoBuy bot, but the reality is his AutoBuy bot does not buy in at the bottom of the pump (or price spike) as he suggests. This last month the AutoBuy bot didn’t get us in until 50% of the pump was already up. He himself got in at a price of .000050 and he sold at .000067 so he is lying about pumping 2x or 3x. In a perfect world if you got in at the very bottom (which you wont), and you sold at the very top, then waited for the big dip of 50% and bought back in at the bottom of the dip, then sold at top of the next wave, then yeah you could get 2x or 3x but trust me that is not happening. Many of his members lost money last month, but most had moderate gains, but nothing close to 2x or 3x as he constantly selling everybody on. If you look at the charts of the coins you can see that the coin pumps near that amount, but his autobuy bot does not get you in at the bottom liked we all hoped.
#5. he is charging even more than the Palm beach confidential real membership. Which is where this guy steals the info for his bot to work. Palm beach confidential charges $3000 per year, and this guy pays for that service to get the information of the coin thats called each month. He’s charging .05 btc now worth about $500 x 12 months = $6600 And I’ve seen the Palm beach confidential website from a friend, you get massive amounts of extremely valuable information about everything you need to know about crypto currencies.. You don’t get that info with this guys service, but he charges over double for a bot that doesn’t get you in anywhere near the bottom of the pump. _____ Money grab.
This guy just doesn’t get it , he could have a good thing going with long term people that trust him if he wasn’t such a greedy person. People don’t trust greedy pigs. and he also doesn’t understand that people are going to talk and share this info on the internet in the same places that he goes to try and sell his service.. so anyways just beware and just understand the truth before you jump in and give this guy your .05 bitcoin. Just know the risks if you are going to give him that much money. Good luck with your investments, there are enough scams and thieves out there, we dont need to add guys like this in our cypto world. and Please share this info on all your other crypto sites and blogs to help others avoid the scam.
