RE: IS ONECOIN A SCAM AND WHAT IS THE EVIDENCE THAT PROVE THAT

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IS ONECOIN A SCAM AND WHAT IS THE EVIDENCE THAT PROVE THAT

in cryptocurrency •  8 years ago 

these point that you are making are very strong and could be right however they could be wrong as well these point are not evidence but speculation. The company blockchain is centralize and therefore the price is set by the company. However what will determine future price is the demand for the coin if and when the company goes public.

The market cap of the company are from sales of it package and not based on the value of the coins. I don't have any coins yet and I only spend 140 euro so far. However you have to look at both scenarios. What the company are projecting right now could actually happen and what would be the story then. Am looking for evidence and not speculation, thanks anyway for your comments it was well received.

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Interesting you say whisleblowerfin's points are "speculation". He is giving you facts. Troubling facts if you sank your money into the onecoin scam, but facts nonetheless. Even if you ignore the mountains of other evidence that Onecoin is a fraud, consider his first point above: the company says Onecoin is worth EUR 6.95 /ea and yet sells it to gullible, ignorant "investors" for a deep discount from that, in fact less than 100 times what they say it is "worth". That makes absolutely no sense at all. Something is worth what someone else will pay you for it. Period. Something is not worth 100 times more than they charge you simply because these fraudsters say it is. If that doesn't convince you Onecoin is a fraud, then nothing will convince you until you realize your money is gone (and even then maybe you won't get it). But it gets much, much worse. Some people that have been tricked into buying a package on are FB looking for buyers and offering their Onecoins at less than 1 EUR each! Think about it. Just look at the facts, open your eyes, and use your mind.

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Some quick facts about Ruja Ignatova and OneCoin company:

  • Ruja Ignatova is a convicted criminal. She pled guilty of fraud in German court March 2016. She and her father made frauds in a German casting company Gusswerk Waltenhofen, causing the company to go bankrupt and around 100 workers to lose their jobs.

  • OneCoin the company has no anykind of White Paper of their "revolutionaly global world reserve currency". This should be a standard thing, but no.

  • OneCoin, an IT company suppose to make history and suppose to be the fastest growing company in history, has no "jobs" -section on their web-page. Is there even any phone numbers, last time I checked, no. Very strange for an IT-company.

  • Nobody in the cryptocurrency/blockchain scene knows any cryptocurrency/blockchain coders who work at OneCoin. Usually people in the "scene" know each others at least by name. At least somebody should know someone working at OneCoin cryptocurrency/blockchain field, but no.

  • LinkedIn or Google search don't find anybody working with cryptocurrency/blockchain technology at OneCoin. Very strange again.

  • Does OneCoin even have a CTO (Chief Technology Officer), not known. Very strange for an IT-company who says will create the biggest reserve cyrptocurrency of the world.

  • We see mostly MLM salesmen, many who have been in previous ponzi scams and got convicted of frauds, or are even on the run in Thailand etc. Many known criminals promote Onecoin. OneCoin must have some web-programmers and a couple of people working in support trying to explain why you can't sell your coins and why everything takes so much time.

  • The company doesn't reveal any financial data. (Of course not, why even expect..)

  • OneCoin is owned by an investing company, which is owned by another investing company which is owned by Veska Ignatov:

  • If you want more details about any of the above things, just ask.