Is Auto Money Machines a Financial Investment Platform or Is It a Gaming Platform? Let’s Take a Look at Yet Another Dubious Online Business Offer
by Daniel Euergetes,
Updated: [February 2, 2015]
| Rating: |   (1 / 5) |
The Preliminaries…
I have gone through the video advertising to this product and found it to be full of logical fallacies, which are used very often by malicious folks who use these tactics to trick people into buying (or buying into) equally malicious products and software that does little more for them than separate them from their money. Auto Money Machines, I have found, is no different.
It is packed with such fallacies as appeals to emotion, which by itself, is a logical fallacy because the emotional appeals do not support logical, rational reasons why the product works or is genuinely something worth purchasing. It also appeals to emotion through scarcity, inclusiveness and has unreasonable expectation peppered throughout. If one were to mount all of the rubbish found in this video, we would literally have nothing of any substance being offered here!
I’m going to go down through the video advertising alone and show you these and other condemning aspects of this product to help you save your hard-earned money! Why have I chosen to expose this product through its advertising? Because this is where people get hurt. This is what starts people going down the low road to despair, disappointment and financial losses. It’s where the damage is done through customer seduction. It’s persuasive in ways that, if you only knew, would spark anger inside you! Nothing could be worse when you are thinking you’re heading to certain wealth, to find out you’ve been had…
This is about a product, but it’s also about these kind of products and is therefore, timely and not just dedicated to this one product. It applies to thousands of other money pits like it.
Auto Money Machine’s Landing Page
This is what the landing page looked like a few days ago. It is a lot more enticing now. the “100% FREE” line image above the video is now much bigger, just as wide as the video and the bottom has many changes to it. Here’s what it looks like now…
The ploy here, is not that you actually have a choice, but that it gets you more involved. Professional marketers and salespeople know that, the more they can get you involved in something, the more likely you will follow through.
- This is why many sweepstakes advertisements you get in the regular mail often has you taking stickers from one piece of the unit and pasting them on another.
- It’s also why car salespeople do what they can to get you into the driver’s seat and take the car out for a spin.
This is legitimate, it has been done for years and is proven to have a high success rate in closing sales. It’s been taught in communications and persuasive selling courses for years.
If you compare the original layout with the new one, which do you think would get more interest? I will actually click into one of the options shown here in Part II of this Review. For now, let’s take a look at the the opening of the video and I will make some comments about it below.
What we have here, according to the rest of this video, is a binary trading opportunity wherein the software you get is given to you for free. Since I don’t know yet what’s on the other side, I’m going to go further with my observations.
The video purports that all you do is plug this software in, push the “activate” button somewhere on the software and presto! You have made $300-$400 every time you do this, in a 60-second period of time. It purports that the software works better on a computer than it does on a mobile device – something that seems a bit far-fetched. Right off the bat, a red flag comes up just in this very short segment. This is a push-button, get-rich-quick scheme.
Now, people will see this video, and their cognitive thinking will kick in, “No, this can’t be true!” However, emotional levals for many of these folks will outweigh their rational thinking and they will act upon their emotion, based on what they’ve learned from this video.
Testimonials
The video includes four “users” whom Mr. Good, the one who’s doing the narration in the video, says is now making $250,000 per month (or more.) Two of these users are shown immediately where the above video leaves off. Two others, whom he calls his “students.” appear near the end of the video.
The “Users” (2) in a Clip Less than a Minute Long…Ready to Be Entertained?
Here’s the clincher: This product, at the time of this writing, is not yet launched. These are some of the users. As if by magic, we have people who have already been using this piece of software.
Here’s the other clincher: All of these folks are actors, and not one of the four on here have done a very good job of it. Note their speech, their semantics, and their body language. I’ve seen grade school plays with better acting than this!
Think about this…
How would you behave if you hit a windfall of an endless money source and you were being interviewed on camera? Compare this with what you have seen here.
The truth is, these people were hired to do this. They have NOT acquired this software. They were paid $5 to do their gigs on a website called fiverr.com, a freelance site where people get on there and do everything ranging from writing articles to doing videos like these, and more. These are your “testimonials.” Not anything I’d want to base my money decisions on! Every scam review on this website shows these characters, some of them doing videos for more than one product!
I will show the other two near the bottom of this review. In my observation, these two “students” do a worse job acting than the ones above!
Appeal to Emotion
Don’t you get sick and tired of seeing the yachts, mansions, exotic beaches, people dressed in flowered shirts laying on a hammock strung between two palms with a martini drink in one hand and a laptop in the other?
This is “selling the sizzle without the steak.” It’s selling the dream and it’s all meant to appeal to the emotion – and it works on the uninitiated. The problem with this offer is that it’s all “appeal to emotion” and no rationality. Appeal to emotion that supports rational arguments in an advertisement is valid, but when it doesn’t, and it’s there by itself, it become a logical fallacy. Marketers know it. Trouble is, most lay people don’t and it gets them right in their wallets and purses!
Selling the Sizzle without the Steak in This Advert
The appeal to emotion doesn’t stop here…
The Storyline
I guarantee you that this whole thing is fiction. Put on your thinking cap and read a synopsis of the story found in the video. Note that many of the things you read here are common to a great many of these kind of video advertisements. After this synopsis, I will list a few things and then we move on to the next thing.
How You’ve Stumbled Into Wealth…
You’ve been privately invited to this page to receive this very important software that would turn your life for the better… forever. I’m talking about spending $250,000 on anything and you’ll still have a few thousand in change at the end of the month.
Just imagine if you had the same power! Here’s how you can make
He’s about to tell us how he’s been able to make $250,000 (or more) without “busting his ass” or being techincally savvy without getting involved in one of those one-click software gurus or MLM…
(Getting involved in one of those one-click software gurus? Now this is the frypan calling the kettle black!)
Mr. Good’s Personal Experiences – More Appeal to Emotion!
Most of these type of get-rich-quick programs include a success story like this…
The story about how he worked as a translator in a dead-end job, yadda…yadda… He and his wife were barely surviving on the salary he was making… Changes jobs and relocates to China to teach English to Chinese university students, and through one of his students, the daughter of a “Mr. Li” meet up in a school function. This Li person donates large sums of money to this school. He describes Mr. Li as an “underground billionaire” who doesn’t trade in stocks, commodities, have investments, inheritances or a business!
(What in the world could this be???)
Mr. Li’s very words: “Most people are trading blindly and that’s why they’ve lost money. The smart ones trade with 99.9% accuracy, knowing that they will win 99.9% of the trades.
Of course, every story must have a happy ending…
Mr. Li gives Mr. Good a link to type into his smart phone. A sign-up form appears and Mr. Li instructs him to sign up. Not know what was going to happen next, Mr. Good notices something going on in the screen of his phone. In short, a balance goes up from $50 to $326 in like 60 seconds and Mr. Li congratulates him for making that money and tells him it’s all his!
Skeptical, he goes to the software given to him and tries to withdraw it. A percentage progresses to 100% and he suddenly gets a message from his bank alerting him of a new balance having reached his bank (Careful here! More later…)
Mr. Li looks up and tells him, “Now you know how I made my billions.”
So, Mr. Good goes home to his wife and demonstrates this on her computer. (He says at this point that it works better on a computer.) and thus makes more in a trade than before within 60 seconds than he did on his smart phone. Since she didn’t believe it, he did it again and made another $350 in 60 seconds. So they go crazy with it and make $3,250 more, pushing the button over and over again over a period of 12 hours.
A week later he and his wife were bringing in over $15,000 per day.
- No cost.
- No overhead.
- No learning curves.
Once again, he says he’s going to show, in the video, how he does it – “all by just activating one simple software that (he) called, ‘Auto Money Machines.'” Once again, he’s going to give “you” access to the software – for free. Why? because he’s already got what he’s wanted with the money he’s got (lists all of the big-ticket recreations and commodities he purchased with the money. His next great goal, “To help changes lives. just as Mr. Li has changed my life for the better.” So now it’s his turn to help others, just like many students he’s already helped.
This sounds more like an adventure from the “Temple of Doom.” The elements of this story is not unique. It can be found in many scammy advertisements! Again, explore around other reviews on this site. You’ll see it in some of the fully-intact videos I have on here!
The story ends here and he presents two of his students (the ones I mentioned above.) that are purportedly “…creating income out of nothing…”
Two of His Students…
Scarcity
This is yet another ploy put into malicious video advertising.
This fallacy is the error of producing a sense of urgency in prospective customers by telling them there is very limited availability of a thing, when such limitation does not exist. This is an outright lie and this technique is used by unscrupulous marketers to drum up massive sales.
Perfect example right here in the advertising right here: “I can only give out 90 of these accounts every single month, equating to three accounts per day (because Mr. Li doesn’t want the whole world knowing about this.) Why? Doing so might bring in hackers and dirty players into the system.”
It creates sales AND it hides the fact that these folks are “dirty players” themselves!
This case scenario is extremely common amongst vendors who promote their products out of Clicksure, an affiliate network known for downright worthless products. Learn more about Clicksure.
The advertisement tells us that, “Once inside, Mr. Good will give every person who successfully gets enrolled, his personal email and Skype address.” In other similar offerings, this does not hold up. At best, you get a “Contact Us” link on the web page containing the software, many times of which offers poor customer service at best.
Does This Product Offer A Guarantee?
At the level of the sales video, no, it does not. I’ve been in the Joint Venture (JV) affiliate invite page and it doesn’t mention a guarantee either. It’s probably because the software is provided freely, and the fact that you will be trading (in this case, gambling,) so it’s not there. Furthermore, even if it does somewhere during the process of getting set up, there will be money involved, you can forget it… Getting involved in binary trading is very risky business. Note that there is a difference between a calculated risk and being just plain stupid (taking unnecessary risks.)
The aim of this Review is to educate and inform you about what’s going on here so you don’t make a bad decision here! Perhaps the “stupid” above is a little blunt, and I will re-iterate this to being, “suckered.” Because the advertising is so powerful that it does take in a LOT of people who later wish they’d not gotten involved.
What Does ScamAdvisor Say About This Product?
Here’s another item to throw into the stew. here are two screenshots taken from ScamAdvisor’s report on this product. It has some sobering data about the site that you need to be aware of. The screenshots are linked to the appropriate page on ScamAdvisor.com
Final Thoughts and the Many Red Flags that Has Popped Up
- There is literally no substance to this advertisement. I have pared it down and find no value!
- This advertisement is full of lies and unreasonable expectations.
- It is filled with appeals to emotion, which is a logical fallacy if it stands by itself and does not support rational argumentation within the advertisement. This is true in this case, through and through.
- It employs the use of scarcity in order to force sales by manipulation. This is an emotional fallacy because no such scarcity exists. One visit to the JV Invite page will set you straight when you see the HUGE army of affiliates promoting this product!
- Exact values are used throughout and does not mean that these are actual. Their use makes them more believable.
- Binary trading is, in many instances, more along the lines of gaming, not investing. I will create a resource on here that will explain what binary trading is and what it isn’t.
- The advertising campaign is endorsed by a shady affiliate network (marketplace) and should be avoided.
- The testimonials are not real. The people featured in them are actors. In this advertisement, the fact that these are not directly called “testimonials” doesn’t mean that they are not.
- The advertisement is so hyped-up that it compares to any other gaming platform.
- This is NOT a wise investment opportunity. You should NEVER put all your eggs in the basket of letting a piece of software dictate your investment choices. You need to be knowledgeable and know what you are doing in any investment scheme! If there is any wise council to be found in this…
- Mr. Li’s comment about wise investing (the first part) holds true, but it’s not the main theme of this advertisement, or is used in a very deceptive way.
Based on my findings in this video advertisement, even though the software might work, it is misleading, full of hype and lies … this opportunity, in my book, should be avoided. It is a downright
My Recommendation…
There are legitimate businesses you can learn about and implement. I strongly recommend affiliate marketing. It is easy to learn, great for folks with a shoe-string budget and can yield high profits. My offering is a online business training where you can learn how to build websites and promote your favourite products and services. It is currently the best online business training platform available on the Internet and boasts very high success stories without the hype, lies and shenanigans you get form products such as that above.
It also offers free webhosting, two free websites you build as you learn, amongst many benefits and features not found anywhere else. Check out my review out by clicking the image below…
More on binary trading and Auto Money Machines coming soon!
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I have done more research on Auto Money Machines. It uses the OptionsFX platform which I can’t seem to find any outside information on. The promotions in Auto Money Machines are way out of line and totally contrary with the true nature of binary options. It is not 99.9% accurate as is claimed. Also, you don’t get control over how to set up a trade. You simply push a button and you’re at the mercy of whatever your “broker” does.
there is no way to know if the platform being used is fraudulent, but after having gone to a some reputable exchanges in both the US and France, Auto Money Machines certainly follows suit with a platform one should avoid. There has not yet been any complaints, but the thing has not yet been launched yet either. I also know that if you decided you wanted to withdraw money, it is a difficult proposition and withdrawing is not possible for amounts less than $200, even the initial funding that opened the account!
Hello Daniel, I agree this is a scam, good in-depth review. WOW, and those people “actors” in the video at the top, amazing, how much do you think they got paid $5 on fivver?
BTW, if you didn’t realize, it’s Jeff, Stadium from Wealthy Affiliate. I am unable to use chat there, or comment on anything. I was reading some of your posts there today and thought I’d visit your site. Bye, hope we talk again. I can’t even use the WA private message system.
There’s lots of this type of stuff out there. I need to do a series on binary trading, which isn’t trading at all, but gambling.
I’m sorry to hear you’ve lost your write privileges at WA. It wouldn’t be my business to ask why, but I’m curious. You don’t have to disclose it if you don’t want to and I’m fine with that. Albeit, I hope you have them restored to you in the future.
Daniel,
Basically over someone making a comment about my dog dying and what I said in return. So, people viewing chat probably hit the report button. Would like to have these restored but not a big deal. Biggest thing to me is I couldn’t response to people leaving me messages in my inbox so they probably think I ignored their messages.
Do you remember when I used my nephew’s picture for my avatar? Talk about playing baseball with him a bit. This year his team won the 9-10 year old state baseball title in Ohio. That age group stops at states. If he wins it when he’s 12-13, he would go on to play in the tournament where he could end up in the Little League World Series. I knew watching his determination even at 5 years old, he would never quit even if he had to find a way to play be himself in the backyard. Sort of like us in this game of affiliate marketing. Don’t quit.
It’s really great to hear about your son. I hope he does make the World Series. At five years old I was determined myself in my own way. I kept on going in the same direction, on a path I’ve chosen. Most people live the lives of consumers. If you live and do life like everybody else, you get what everybody else gets. Consumerism and mastery are at opposite ends of the spectrum – and there’s no in between.
As for WA, I’ve learned many lessons. One of these has been to stay away from the chat engine. I’ve gotten into more trouble on that thing than anywhere else. I just don’t have the ability to carry on like folks do on it, so best I don’t use it unless I really need it for quick answers to an IM-related question. I don’t write as often as I used to anymore either, though I do write what would be helpful. Those blogs are provided as a place for members to record their business successes, progress, questions and answers. They’re NOT for stuff that you do see on there. I have been working with a member trying to get him to not write about personal problems. I have plenty of experience about what happens if you do this kind of thing too much.
If it’s not about online business, WA, or my progress, or others’ progress, I don’t write about it on there. Kyle even wrote a blog and brought this up. They really don’t want the extra stuff. Here, just last night someone wrote a blog, “What Colour Should I Dress to My Girlfriend’s Wedding?” I mean, C’mon! That’s not even close to using the blogs for what they are intended. I couldn’t resist to reply, “Dress in black if you are in mourning about the wedding, otherwise, pastels, your choice.” You see, I’m guilty of writing something sarcastic and though this didn’t cause any problems, it could have! It’s too easy to set yourself up for problems because there are such divers personalities, from the very kind to total idiots.
It depends on what you said that will determine whether you will get your privileges back. The dog meant a lot to you and someone on there was not sensitive to that, wrote something you didn’t like – and then you retaliated. If you have folks that don’t like you, they will team up on you. I know. It’s happened to me as you know. Kyle, in the same blog talks about this too and is an abuse of the system.
We all slip up sometimes, though we should always do our best to avoid confrontation on there. I don’t know how long you’ve been off, but if you get back on, use it for what it’s intended for and you will not have a problem again. Some people can blab and get away with it, even rise to being the king of that mountain, and some of us can’t. I can’t and I won’t even try, nor do I want any part of it. If I can be helpful, I write. If I need help, I ask. I had an idiot just a few days ago get on my blog and call another member an ugly name. I took the blog down, but it’s been an email war since because he thinks it’s not my place to determine what offends other folks.
One thing that really helped me was to go back to the very beginning and recall what my thoughts were just before joining WA. Of course, I have my Journal which reveals that. Go to Kyle, apologize for your end of the skirmish and request your privileges back. Get your write privileges back and turn a new leaf. You lose so much when you can’t network about your online business. You need it.
I’ve been taking it easy tonight. For the last few nights I’ve been watching the Star Wars movies in order. Of all movies made, especially the modern ones, in my opinion, no other movie of our time is so well made! I can’t wait for December when the latest one comes out. I think this will cap the series. I’d like to see them re-make the the three (Episodes IV, V & VI.)
Daniel
You know what, I been doing a lot better, making a ton more progress over the past 8 months since I have been ban from chat. I personally have never hit the report button on anyone besides a couple times on spammers. It would take a lot for me to actually report someone I knew was a “real” member, even if I didn’t care much for the person. I know there are at least a few who teamed up on me.
The ban also prevents me from contacting Kyle, LOL. I haven’t started an Wealthy Affiliate promotion site, I wanted to then I wondered… If the ban also prevents me from earning though referrals. So I tried to contact him to ask him this question, but couldn’t even do that.
Daniel, I know we have have slight differences in the past. I was probably wrong in each instance. I really do appreciate having met you. You need to keep on writing Daniel, I am trying to think, I am trying to compare. I can’t think of anyone. You’re heads and shoulders above every person on wealthy affiliate in writing ability, even in my offline life. Your writing ability is really amazing to me.
Jeff
That’s right. You wont be able to get Kyle via PM, but what you need to do is go on the WA sales website and use the Contact link. Do what you need to there.
You are still a Premium member so I don’t think that’s going to affect your ability to earn the Premium sales. But here’s your opportunity…
It’s just another thing you can inquire about, and in fact, I’d entitle your contact email about your earning status under the ban instead of the ban issue itself. They’ll be more likely to open the email, and probably quicker. Inquire first about WA earnings and then beneath that, inquire about the ban, apologize, etc. Your ban does not effect being able to use the general contact link. It’s how I got reinstated.
As for productivity, it might be good to remain in the ban status, but if you are disciplined enough, you can have your privileges and just stay away from writing on WA things outside WA topics.
If someone comes at you with less than desired responses to what you say, don’t retaliate. It’s as simple as that. You can be diplomatic and professional instead. As long as you do this, you won’t have any problems because nobody would have anything on you.
Daniel
How you doing Daniel?
I’m doing okay Jeff. Sorry it has been a while since you wrote this. Right now things here are at a stand-still as I am doing what I can to get rid of things that are hindering my focus on my campaigns. I did not get a notification of your comment for some reason and happened to find it today when I came back here. I have been doing some serious research in very early church history before the time of Constantine and this has been extremely daunting reading stuff that hasn’t been updated since the 18th and 19th centuries. Else, I’m doing fine. Just getting over pneumonia.
Daniel