Is this true or a speculation

[davis196]

Somewhere while surfing I read popular sites often makes less known sites use the money to pay first then scam and then continue on the popular sites. Could this also be happening in the Bitcoin industry. Start a roll dice or casino, open a hyip and then hyip goes scam and front site continues, no one comes to know. Or this is purely speculation, none of this happens?

This is a pretty old school scam method and scammers still use it to cheat.

I don`t know about popular bitcoin casinos and dice sites which use this trick.

Maybe because of the small btc community sooner or later the scammer will be revealed.

[Xester]

That is not a speculation but a truth and a trend that is constantly occurring online. They are offering huge returns on investment in such a short time. Most of the victims are the newbies who are inexperienced. I remembered the times back when I fall into the trap of scam sites.

Today they disguise as crowdfunding site, networking, mining and almost any kind of site. So to avoid them make sure to do the research before investing.

[deadsilent]

That really happen often. Its up to you if you choose to trust them or not. Hyip  sites is prone to scamming since its very easy to create a new one. Once they get the funds that you give to them. They will gone together with your money and they start a new one. They will do this over and over. Until theres a lot of idiot there who trust them. Scamming incidents will never stop.

[winspiral]

That really happen often. Its up to you if you choose to trust them or not. Hyip  sites is prone to scamming since its very easy to create a new one. Once they get the funds that you give to them. They will gone together with your money and they start a new one. They will do this over and over. Until theres a lot of idiot there who trust them. Scamming incidents will never stop.

you are 200% right
If people can not recognize honest sites,it is normal they can not recognize scam sites.
This is logic use by scammers:
It you can not see what is right you can not see what is wrong...
believe an old fox (lol)

[Wandering Soul~]

Yes it is and no currency is exempted, every kind of currency might experience that kind of scheme. That is why we should research throughly on what site we are going to invest our money. Better avoid the Cloud Mining/HYIP/PONZI/Pyramid ones.

In some cases, When a HYIP site is newly established it will pay for the first weeks and after collecting the desired amount, the site will close along the money of its investors

[RoommateAgreement]

That really happen often. Its up to you if you choose to trust them or not. Hyip  sites is prone to scamming since its very easy to create a new one. Once they get the funds that you give to them. They will gone together with your money and they start a new one. They will do this over and over. Until theres a lot of idiot there who trust them. Scamming incidents will never stop.

you are 200% right
If people can not recognize honest sites,it is normal they can not recognize scam sites.
This is logic use by scammers:
It you can not see what is right you can not see what is wrong...
believe an old fox (lol)

actually people recognize scams or even shady businesses from legit ones easily if they use their brain for a moment.
that is why your website is not getting enough people' becasue it is shady you have failed to explain it in order to clear the air. you already have 4000+ posts but not a single one of them is a clear explanation!
and meanwhile you insist on not being scam everywhere on the forum!

[Vaskiy]

This has been found in all sectors not only in online websites. Another thing is that it's truly hard to differentiate the legit from the scam as legit websites were the controllers. Also this makes the scam data managing service providers not able to make perfect data to support users stay away from scams.

[Achargeturry78]

That is not a speculation but a truth and a trend that is constantly occurring online. They are offering huge returns on investment in such a short time. Most of the victims are the newbies who are inexperienced. I remembered the times back when I fall into the trap of scam sites.

Today they disguise as crowdfunding site, networking, mining and almost any kind of site. So to avoid them make sure to do the research before investing.

I don't see that this is not speculation people want to know when the bitcoin will increase and they predicting it they expecting that bitcoin will be trend and will it be spike and will be constantly occuring the market. I don't really believe this kind of investment site are offering huge return of investment they are trying to fool you out people mostly newbie are the target of investment sites , i should say that just wait for the spike happen then.

[YuginKadoya]

Somewhere while surfing I read popular sites often makes less known sites use the money to pay first then scam and then continue on the popular sites. Could this also be happening in the Bitcoin industry. Start a roll dice or casino, open a hyip and then hyip goes scam and front site continues, no one comes to know. Or this is purely speculation, none of this happens?

That is just what other people do they will make a site that has put the content over the site then if you visited it and tried it out it end up to be just a fraud, they will just put up some bait that people now a days have been searching for then put up a content that does not really involve the topic you want sometime they are using ads and survey question for their own gain the worst is to required the visitor to put some money or bitcoin so they can download or view the content!

[burner2014]

A lot of hyip in internet that has different offers, I never had the chance to try it. I just don't believe it and as doing some research other said that it is just a scam as well as my friend told me too that they were just a good payer during their first year or less and after that they will just say that there system is down and that's it.

[maydna]

Somewhere while surfing I read popular sites often makes less known sites use the money to pay first then scam and then continue on the popular sites. Could this also be happening in the Bitcoin industry. Start a roll dice or casino, open a hyip and then hyip goes scam and front site continues, no one comes to know. Or this is purely speculation, none of this happens?

yes and of course this is happen in the bitcoin industry as we can see the website that offer this services which is known with HYIP but for the deposit and withdraw, that site is using bitcoin and not money/fiat. if you don't be careful, you might have to get scammed by that site, because their slogans is first come, first profit.

[nara1892]

Somewhere while surfing I read popular sites often makes less known sites use the money to pay first then scam and then continue on the popular sites. Could this also be happening in the Bitcoin industry. Start a roll dice or casino, open a hyip and then hyip goes scam and front site continues, no one comes to know. Or this is purely speculation, none of this happens?

I think that such scenario happen many times, unfortunately.
I'm sure that we have serial scammers which open HYIP after HYIP, SCAM after SCAM, just with different names and identities.
I advice you not to play with HYIP or casinos because 99 % of people loose money there.
Only admins and top leaders earn there.
When program collapse, admin just change his name, open similar program and start over.
I's always the same, scam tactic.

that is true. a few people get profit from scamming the others. so it is not a speculation, it happens. just be careful when you use your money. do not once gamble, trust HYIP or kind of thing because some people lose much than earn. that's why I am never into any gambling sites.

[Juggy777]

Somewhere while surfing I read popular sites often makes less known sites use the money to pay first then scam and then continue on the popular sites. Could this also be happening in the Bitcoin industry. Start a roll dice or casino, open a hyip and then hyip goes scam and front site continues, no one comes to know. Or this is purely speculation, none of this happens?

I think that such scenario happen many times, unfortunately.
I'm sure that we have serial scammers which open HYIP after HYIP, SCAM after SCAM, just with different names and identities.
I advice you not to play with HYIP or casinos because 99 % of people loose money there.
Only admins and top leaders earn there.
When program collapse, admin just change his name, open similar program and start over.
I's always the same, scam tactic.

that is true. a few people get profit from scamming the others. so it is not a speculation, it happens. just be careful when you use your money. do not once gamble, trust HYIP or kind of thing because some people lose much than earn. that's why I am never into any gambling sites.

Ya some lessons are learnt hard. I have totally avoided hyip, though earlier I used to invest a lot and loose a lot. But finally have decided to give up on hyip. I do yet gamble on dice sites but that also I am reducing now cause of the looses. It's a pain this scammers they cheat us of our hard earned money and then come back hate them.

[CyberKuro]

Yes there are many sites which had same owner and scammed same users several times in different projects. You can see this type of pattern mostly in HYIP and PTC sites, they lure paying for few days and at end they will scam all users and run away with whatever they have collected. Wait few month and develop another ptc/hyip with some modification in project model and again start to lure and this cycle go round and round.

The scam sites always seems quite different but behind the project it's all the same, frauds.
Learn the pattern, they cover up with sweet promises and easy profits every week/month.
Well, it's not so easy to recognize them if the sites has going for a long time, like 6 months or 1 year.
Just be cautious to invest your money everywhere, even on the trusted sites you could lose it all.

[chaser15]

Ya some lessons are learnt hard. I have totally avoided hyip, though earlier I used to invest a lot and loose a lot. But finally have decided to give up on hyip. I do yet gamble on dice sites but that also I am reducing now cause of the looses. It's a pain this scammers they cheat us of our hard earned money and then come back hate them.

There will be no scammer if there's no people will eat the bait.

What is the problem here? Not because people especially the new one didn't know a certain is a scam one but some people are lazy to do work. They want to earned fast money in a passive way. That kind of traits are easily get being attracted by those hyip sites and will turned those sites into a legit one in a lazy person's mind.

Common sense sometimes must be used regularly. Also worked to earned not to sit to earned.

[iram3130]

Ya some lessons are learnt hard. I have totally avoided hyip, though earlier I used to invest a lot and loose a lot. But finally have decided to give up on hyip. I do yet gamble on dice sites but that also I am reducing now cause of the looses. It's a pain this scammers they cheat us of our hard earned money and then come back hate them.

There will be no scammer if there's no people will eat the bait.

What is the problem here? Not because people especially the new one didn't know a certain is a scam one but some people are lazy to do work. They want to earned fast money in a passive way. That kind of traits are easily get being attracted by those hyip sites and will turned those sites into a legit one in a lazy person's mind.

Common sense sometimes must be used regularly. Also worked to earned not to sit to earned.

Definitely true. When the mind is empty and the person is lazy then they won't be trying to work actively. They will always try for passive income and scammers bait for those guys. And yes the people need to understand and verify which is honest and which is a scam. Then only the percentage of scamming will get low.

[Juggy777]

Ya some lessons are learnt hard. I have totally avoided hyip, though earlier I used to invest a lot and loose a lot. But finally have decided to give up on hyip. I do yet gamble on dice sites but that also I am reducing now cause of the looses. It's a pain this scammers they cheat us of our hard earned money and then come back hate them.

There will be no scammer if there's no people will eat the bait.

What is the problem here? Not because people especially the new one didn't know a certain is a scam one but some people are lazy to do work. They want to earned fast money in a passive way. That kind of traits are easily get being attracted by those hyip sites and will turned those sites into a legit one in a lazy person's mind.

Common sense sometimes must be used regularly. Also worked to earned not to sit to earned.

Definitely true. When the mind is empty and the person is lazy then they won't be trying to work actively. They will always try for passive income and scammers bait for those guys. And yes the people need to understand and verify which is honest and which is a scam. Then only the percentage of scamming will get low.

True 100% true, when I was new in this online money making online, all I wanted was to make a quick bucks and I actually believed I could. The way they showed it, I mean the way they baited me. I never really researched just went on loosing, till I finally realized had to read more and then understood the scams. Now I am able to spot a scam and warn people, though next time I will quote your words, bang on point.

[densuj]

Somewhere while surfing I read popular sites often makes less known sites use the money to pay first then scam and then continue on the popular sites. Could this also be happening in the Bitcoin industry. Start a roll dice or casino, open a hyip and then hyip goes scam and front site continues, no one comes to know. Or this is purely speculation, none of this happens?

Many websites are like you said on bitcoin too, and they have gone with bitcoins their users.
Usually HYIP's website and the mostly fake cloud mining service without really mining.
It has been happening on bitcoin industry too, and it had made bad impact on bitcoin.

Because of the scam using bitcoins had made the people doesn't believe in bitcoins for the people who don't too understand about bitcoins.
And it maded bitcoin becoming victim be blamed because of scam using bitcoins.

[chesatochi]

Ya some lessons are learnt hard. I have totally avoided hyip, though earlier I used to invest a lot and loose a lot. But finally have decided to give up on hyip. I do yet gamble on dice sites but that also I am reducing now cause of the looses. It's a pain this scammers they cheat us of our hard earned money and then come back hate them.

There will be no scammer if there's no people will eat the bait.

What is the problem here? Not because people especially the new one didn't know a certain is a scam one but some people are lazy to do work. They want to earned fast money in a passive way. That kind of traits are easily get being attracted by those hyip sites and will turned those sites into a legit one in a lazy person's mind.

Common sense sometimes must be used regularly. Also worked to earned not to sit to earned.

Definitely true. When the mind is empty and the person is lazy then they won't be trying to work actively. They will always try for passive income and scammers bait for those guys. And yes the people need to understand and verify which is honest and which is a scam. Then only the percentage of scamming will get low.

True 100% true, when I was new in this online money making online, all I wanted was to make a quick bucks and I actually believed I could. The way they showed it, I mean the way they baited me. I never really researched just went on loosing, till I finally realized had to read more and then understood the scams. Now I am able to spot a scam and warn people, though next time I will quote your words, bang on point.

I got scammed myself because I was looking to make money online and those sites promise you that you will double or make a decent profit. What I learned the hard way is you need to do your due diligence before investing on any sites, look for reviews and find the legitimate one.

Even in the bitcoin world, the scammers are here with their online cloud mining

[PYramid Head]

Bitcoin is kinda anonymous, more than likely it happens, and we may have very trusted members doing this, and we might never know.

But to accuse evidence is needed, what can be hard to get sometimes