Is this true or a speculation - page 5.

StarofBTC

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Quote from: sulendra12 on November 01, 2016, 07:05:49 AM

Quote from: Juggy777 on October 30, 2016, 07:43:47 AM

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?

In the internet , you can make anything like HYIP , PTC , and other source of income . The process is easy as hell , just copy the script and do some configuration you'll go with it (Never did it before , and don't try it Angry

) . After they reached the Goal , they would start to closed their business and run away with the members money and the worst case is using bitcoin as the payment gateway (irreversible currency).

This isn't only a speculation , but it has lot of proofs to validate this . So , be aware with the "unusual" site you meet.

That is true, I have used many of these sites and at the end they only succeeded in running away with my hard earned money so wherever I do see a site like those, I want to be very careful how I approach them. In fact I do not use them again because I have been disappointed for so many times. Also I like to suggest to everyone to be very careful.

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Quote from: Tyrantt on November 01, 2016, 08:15:39 AM

Quote from: Juggy777 on October 31, 2016, 04:21:47 AM

Quote from: th3nolo on October 31, 2016, 04:15:21 AM

this also happen with every currency, but bitcoin is one of the favorite by scammer, keep it your money away from these business and when you find something interesting to invest please do some research about and use common sense.

I agree btc is the favorite of scammers. It's very easy to trick them. And mostly it's the greed. They first give small and when amount is big they are gone

Well some people dont view bitcoin as a currency just like fiat in some ways but some magical thing, so they dont think as much when investing it into some shady websites, also right now everone would like to earn something while doing nothing so many users decide on investing in various websites that offer good daily income or something like that.

This is typically person who too lazy doing nothing but also greedy to earn bitcoin, this is very common found people like this and some few people haven't consider if the site is scam obviously until the site shut down. Don't feed scammer please.

But not all bitcoin industry turn into scam scheme.
Research and dig deeper before dealing with.

Tyrantt

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Quote from: Juggy777 on October 31, 2016, 04:21:47 AM

Quote from: th3nolo on October 31, 2016, 04:15:21 AM

this also happen with every currency, but bitcoin is one of the favorite by scammer, keep it your money away from these business and when you find something interesting to invest please do some research about and use common sense.

I agree btc is the favorite of scammers. It's very easy to trick them. And mostly it's the greed. They first give small and when amount is big they are gone

Well some people dont view bitcoin as a currency just like fiat in some ways but some magical thing, so they dont think as much when investing it into some shady websites, also right now everone would like to earn something while doing nothing so many users decide on investing in various websites that offer good daily income or something like that.

BlackPanda

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Quote from: Juggy777 on October 30, 2016, 07:43:47 AM

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?

It could happen. has a lot of websites that originally paid and reliable, in the end they ran away with bitcoin bring all that we have. bitcoin investment in the world is quite risky. all systems are anonymouse.

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Quote from: Juggy777 on October 30, 2016, 07:43:47 AM

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?

Surely it is already happen in the bitcoin industry and many greedy people who are doing this to fool people and just for them to benefit from other people's money. So be cautious and I think you are still new in bitcoin industry and thinks that this is just new, so be careful and don't ever try to interact those websites or else you'll suffer.

sulendra12

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Quote from: Juggy777 on October 30, 2016, 07:43:47 AM

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?

In the internet , you can make anything like HYIP , PTC , and other source of income . The process is easy as hell , just copy the script and do some configuration you'll go with it (Never did it before , and don't try it Angry

) . After they reached the Goal , they would start to closed their business and run away with the members money and the worst case is using bitcoin as the payment gateway (irreversible currency).

This isn't only a speculation , but it has lot of proofs to validate this . So , be aware with the "unusual" site you meet.

sonnyacg

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Quote from: ~Bitcoin~ on October 30, 2016, 11:26:08 AM

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.

yes it is true, most of the cycles and PTC HYIP always swirling continue. today to see the site was still the same, then if it is a fraud then they change the look of their site to be different. but in fact they are still the same as before. I see most of them is the most onwards is always a scam.

Mastsetad

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Quote from: Juggy777 on October 30, 2016, 07:43:47 AM

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?

Ofcourse that happens, a lot of people start a scam program, earn some bitcoins and then they start a business with that money and while that happening they may repeat the same thing again, it is happening mostly in bitcoin industry though it happens everywhere on internet.

Juggy777

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Quote from: th3nolo on October 31, 2016, 04:15:21 AM

this also happen with every currency, but bitcoin is one of the favorite by scammer, keep it your money away from these business and when you find something interesting to invest please do some research about and use common sense.

I agree btc is the favorite of scammers. It's very easy to trick them. And mostly it's the greed. They first give small and when amount is big they are gone

th3nolo

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this also happen with every currency, but bitcoin is one of the favorite by scammer, keep it your money away from these business and when you find something interesting to invest please do some research about and use common sense.

ethereumhunter

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we can see this is happen in bitcoin industry and for your information, this is not just happen in bitcoin industry, because i think with money involve, there is a way for website to scam their member and close the site. but as long as we careful to make an investment or want to make some money, then i think we are safe but that safe is not forever because there are no safety place in internet.

xuan87

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Yes it is happen in bitcoin, in fact there are more HYIP, ponzi and cloud mining compare to other, they just switch their name and change their site, the one that fall for it usually greedy people and newbie, that is why when ponzi come to this site there are always warning from other people, actually it's the best if this kind of thing can be erased, so the bitcoin reputation will become better

Seansky

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This scenario happening I think is already happening to bitcoin industry. These sites are what makes bitcoin reputation bad, but these scammers makes their site looks legit at first. Look at the cloud mining sites that scammed many people, at first they were paying good. Then after having many investors trusting them, they ran away with all their funds. In the end, they are just yet another ponzi scheme so don't invest in cloud mining sites.

Kakmakr

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Some of these site start with good business models, and then they find out that the business model cannot be successful, and it turns to Ponzi type schemes to supplement the income. They might even start with Ponzi type schemes and then turn to legal business models when the site shows good profit. I am talking about some of the early cloud mining sites. It is a pity that the legal sites, also have to close their doors in the end. ^hmmmmm^

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Quote from: franky1 on October 30, 2016, 09:50:24 AM

Quote from: Juggy777 on October 30, 2016, 07:43:47 AM

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?

there are many sites like this.. its called bait and switch.
offer you one thing. but end up with something else

But still letting some wound in this place today. using bait for scamming the people around the world.

outatime1

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I would not be surprised if those kinds of things happen. We already know of large scale scams at sites like mtgox and cryptsy, so there are probably many others as well.

isen

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Unfortunately yes, scammers are hiding behind anonymity and take advantage of people's greed and ignorance again and again.
You should always do a research before you deposit your money in any site and keep in your mind this rule.

Quote from: BitcoinBarrel on October 30, 2016, 01:45:04 PM

If it seems too good to be true, then it probably is!

BitcoinBarrel

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If it seems too good to be true, then it probably is!

calkob

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sometimes scammers will wait a long time to pull of their scam but there is usually red flags, just always keep yuor guard up listen for the warnings

Juggy777

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Quote from: ABCbits on October 30, 2016, 11:34:01 AM

This is very common practice and this happen in every kind of investment, gambling and online jobs.

The most common in bitcoin world are HYIP, cloud mining and casino.
Also, it becomes easier every day because people sell template website/license for HYIP, ponzi cloud mining or gambling which not too expensive ($100 - $1000 from what i've found).

But, because they're very similar, people over time will learn about the truth in hard way.

That's the problem it's always the hard way. We earn money with so much effort and they just steal it. Really hate this kind of guys

Topic: Is this true or a speculation - page 5. (Read 3800 times)