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?
Well that's is not new any more in this field of industry in bitcoin world, I think the thing that we can do now we should be very careful in any site like hyip is to avoid them at once for us not to be a victim.This will continue to exist but if we do not support them, they will not be successful of scamming the majority of investors, there is no law that governs bitcoin so they can do whatever they want.
to be honest I wouldn't call them "newbies" instead they are idiots who are also desperate enough to think they can make money this way. HYIP is a scam, and we all know it and anybody who stumbles upon them for the first time figures it out too. but only those who don't use their brains think they are profitable.
all these strategies of getting in first, .... are delusions of these people. they are gambling with terrible odds of winning.
It worked in the past with real world scams and pyramid schemes because they required a lot of effort and initial investment to start up the whole business. That's the reason why first "investors" could actually earn something through them, else the operators would be at a loss if they ran away with their money without delay. Today you don't need a lot of investment, and you can close the business in a matter of a few days, after receiving some money.
It really happens before but now ,in new generation people were more smarter we think most of the time if its scam or not because it is the trend the story of getting scam. Now we learned already our lesson to research before doing. In this way we can avoid getting scam. And be profitable in investing.
It was fun though. 
