So do you believe that all of the supposed Alien reports and encounters were all lies and a big hoax?

Well I got started on a little bit of it, but a lot of it comes down to time constraints... As I (and some others) have mentioned, life on this planet has spent more time in unicellular form alone than not, and the good conditions for complex life such as ourselves will degrade in another billion(ish) years. (more simple life can probably last another 2-3 billion before the effects of the dying Sun render this planet uninhabitable)

So on Earth simple life has so far been around ~4 billion years, and could last another 3 billion. Complex life has existed for less than a billion years, and probably doesn't have much more than a billion years left (though some forms may be able to continue existence in deep oceans).

Sol isn't a particularly special star, stars with more mass than the Sun go through life quicker and would allow even less time for life to evolve past the simplest stages... and stars with significantly more mass might even be too violent to form a decent planetary system in the first place.

There are so many factors to take into account to allow for life (at least life as we know it)... for life in general lots of planets will go through stages of being adequate for simple life to form, but the universe is ever changing, and the time most planets will spend in even an "adequate" (rather than ideal) stage is limited.

More complex life needs more time and more ideal circumstances than most planets will be able to give.

There is also the hypotheses that everything we send into space becomes indistinguishable from white noise within just 2 light years, which is not even half way to proxima centauri, the closest star to our solar system.

We are 3 Dimensional/3rd Density beings, correct? Well supposedly, a being will not be able to fully understand the dimensions below it and over it. So a 2 Dimensional being cannot and will never fully understand the 3 Dimensional plane until it gets there.

A 2 Dimensional Being that fully transitions to the 3 Dimensional plane will not be able to understand how it was able to even fathom living in the 2 Dimensional/2nd Density plane.

Now lets look at us, and our 3 Dimensional selfs. We cannot fathom the thought of even living in a 2 Dimensional/ 2nd Density Plane. We also cannot fully understand the 4 Dimensional/4th Density plane.

When i was looking up some Alien type info, i came across something that was very interesting. A guy who was describing his supposed encounter with a UFO. He was basically going on about how weird it was. He commented on the weirdness of how it was able to move and bend. He was going on about it and how he just couldn't "UNDERSTAND" it and how it was almost as if it wasn't of this "DIMENSION"

Which rises the question " Could these supposed unexplainable, extraterrestrial beings/encounters be from another dimension?"

That's what we assume from our experience. Maybe in other systems it doesn't need this much time to evolve more complex life. Perhaps because Earth is so stable and protected it got stuck in a local maximum of boring bacterial life for billions of years. We could simply be in a boring low density part of the galaxy where no one would expect complex life to show up, hence no one is checking us out. As far as we've come scientifically, the feeling that we must be special is still tainting our conclusions.

We can only start to make generalizations about how life develops after we have examined more star systems, a sample size of 1 is pretty poor. All we know for now is that life manages to survive everywhere on the planet where we least expect it and organic material can hitch a ride on asteroids between planets. At least simple life should be very common in the universe.

Indeed that is possible. (though I personally think a planet being in a stable well protected environment would be a catalyst to more evolved forms rather than a stagnating effect... yes adversity often breeds diversity, but in a microbial world spreading across the face of a planet would help things along)

In terms of time constraints, red dwarf stars (which I believe make up 60-70% of our galaxy in terms of number of stars) are more likely to have planets in favourable conditions for billions of years, though I am unsure whether the decreased energy output of the star is likely to slow down or aid any kind of evolution.

Of course you are correct that I am basing this on how life may have developed here, with amino acids forming DNA etc... if life is ultimately information storage (like DNA) then I imagine there are other better ways for life to form too. All we have are loose theories.