Investing in OneCoin?
- Thread starter neroazzurro
- Start date
precious007
Junior Member
- Jan 3, 2009
- 193
- 105
He just threw 15.500 down the drain, this scam will never be a real cryptocurrency. It's just a ponzi-scheme, a money maker for those that are well versed in the network marketing world. Top MLM earners worldwide are Juha and Igor Alberts and another one I forgot his name, ALL in Onecoin. I wonder when this shit will go right down, there's not a single thing that is actually true about this PONZI game, even Youtube disabled their official account.
precious007
Junior Member
- Jan 3, 2009
- 193
- 105
You never know what happens with any crypto so Onecoin is no different but they are definitely and totally no keeping a single commitment they make. I'm selling my coins if anyone is interested PM me.
SixHats
Junior Member
- Aug 25, 2016
- 101
- 14
I have been into CC for a while, and maybe this is where I can contribute a little.
I joined OneCoin in april just to see what it was. 130 EUR did it cost me for the starter pack. 100 for the pack and 30 for the "backoffice". You actually pay 100 eur for some education pack that have been partly copied from different free sources on the internet. I cannot confirm this, this is just something I read.
I am also skeptic as F*. There was so many freaking bells that rang when I joined... Everything is superfishy about it. I did some research and it does not look too good. I have been monitoring the price for onecoin and it have not moved much since April 2016. I tried to find the books that "Dr." Ruja have written. Its no trace of it. I have not been part of this kind of a "closed" or private mining pool where you have to buy some random stuff to get in. The power of the coin comes from the people that use it. I have been part of those in the past and I was early on in some coins, where some just got the value for the coin up, and kept it til it was listed on official traders. Then sold what they got and the coin dropped like an anchor.
I still see the potential of CC set in some kind of system. They say bitcoin is "untraceable" and that is one of the reasons it is forbidden in ie. china in commercial trade. But allowed in private trading. (Last time I checked). Onecoin have a potential since it is traceable and therefore more government is surly to approve it. So onecoin as a CC is not such a bad idea.
But the MLM part is what I find so fishy. I have not recruited anyone to this because I can't find solid facts that the people behind this is legit. And to be honest. There is a certain look to those people that make my bells ring. But still. I got into it. I do not expect to see my money back.
#judging
I joined OneCoin in april just to see what it was. 130 EUR did it cost me for the starter pack. 100 for the pack and 30 for the "backoffice". You actually pay 100 eur for some education pack that have been partly copied from different free sources on the internet. I cannot confirm this, this is just something I read.
I am also skeptic as F*. There was so many freaking bells that rang when I joined... Everything is superfishy about it. I did some research and it does not look too good. I have been monitoring the price for onecoin and it have not moved much since April 2016. I tried to find the books that "Dr." Ruja have written. Its no trace of it. I have not been part of this kind of a "closed" or private mining pool where you have to buy some random stuff to get in. The power of the coin comes from the people that use it. I have been part of those in the past and I was early on in some coins, where some just got the value for the coin up, and kept it til it was listed on official traders. Then sold what they got and the coin dropped like an anchor.
I still see the potential of CC set in some kind of system. They say bitcoin is "untraceable" and that is one of the reasons it is forbidden in ie. china in commercial trade. But allowed in private trading. (Last time I checked). Onecoin have a potential since it is traceable and therefore more government is surly to approve it. So onecoin as a CC is not such a bad idea.
But the MLM part is what I find so fishy. I have not recruited anyone to this because I can't find solid facts that the people behind this is legit. And to be honest. There is a certain look to those people that make my bells ring. But still. I got into it. I do not expect to see my money back.
#judging
luckysteel
Registered Member
- May 29, 2016
- 74
- 15
This is a workin ponzi,
till now..
i know some professionals Network-Marketing Leaders that making a very nice amount from it.
but never join something like that ... u have to sell your soul to make some good profits.
that is nothing for me
till now..
i know some professionals Network-Marketing Leaders that making a very nice amount from it.
but never join something like that ... u have to sell your soul to make some good profits.
that is nothing for me
These coins are good for you to invest in. However, it is required that you carry out enough background check just to know whether is is okay and feasible for you to invest the cash. I used to have some investment in a popular coin and I must say that it really worked out for me. It is all about getting the required knowledge in the field.
SixHats
Junior Member
- Aug 25, 2016
- 101
- 14
I dont know if you read my post but there I take up a few things when it comes to Onecoin. Usually the miningpool consists of a network of computers doing the math. In this case it is only onecoins machines that is allowed to mine until 80% i reached on a certain date. But again. It is all the people behind the coin and the system around it which is fishy. You pay 130 EUR or something for an education package containing copy paste of free stuff from the internet. One or two guys are known ponzi guys. And last I checked. Obe of them got kicked out. Doing the background research for the coin you should get a few red flags.
luckysteel
Registered Member
- May 29, 2016
- 74
- 15
i agree with you for altcoins!
but onecoin isnt a real altcoin.. its an premined mlm system.
only ponzi pseudo coin.
dont understand me wrong! i am invested in some small coins and new coins...
but onecoin is a disguised coin what isnt a real one.
no technology behind that.
if a coin isnt listed on http://coinmarketcap.com/
or announced on bitcointalk .. u have to forget it.. really fast.
but if you want cash with referrals in a ponzi.. ur on the right way with onecoin!
if you want get informated about my altcoin investments you can look at my journey:
http://www.blackhatworld.com/posts/9222869/
would be nice to meet you there
oneCoin is a 100 % fraud. Even their claim that they will "split" your coins which doubles them after certain time of mining denounces how impossible this whole thing is. Do you think you can split the blockchain ??? There are no servers and mining and blockchain behind, you see just pictures. And there is not going to be, as they do not want this.
SixHats
Junior Member
- Aug 25, 2016
- 101
- 14
Hey. I have yet to read that Onecoin are spiltting tokens. But they do split tokens which is used for mininng. Which is a big difference. And yes. My tokens got splitted. But they split because of the difficulty on the blockchain increases. More tokens are needed. The interesting part with this coin is what happens when the coin goes public. If it does.
And its not a fraud, because you get a virtual class as their product. So technically you get a product too. Because the tokens is free when you buy their product. If the product is shit, or without value, thats a different matter . But ofc. People are joining for the tokens...
I know several people that spent many tens of thousand on this.
But the rule of every other investments still apply. If you cant afford to loose what you invest. You should not invest.