Real value of onecoin

Here everyone can state their opinions on Onecoin/Onelife ecosystem. You are free to critique flaws or praise the good sides of the vision. Any hatred will be removed.
Justice4all
Posts: 43
Joined: Wed Jan 31, 2018 10:27 pm

Re: Real value of onecoin

Post by Justice4all » Wed May 15, 2019 4:24 pm

CryptoXpose wrote:
Wed May 15, 2019 11:34 am
Justice4all wrote:
Wed May 15, 2019 6:46 am
If the company stop the sale of education packages tomorrow, it will not collapse because no sales = no commission. Therefore it doesn't fit the definition of ponzi scheme, where the company uses the funds of the new investors to pay the old ones and if no new investors coming in, the scheme will collapse itself. It will never happen to Onecoin. In my opinion.
Tell me, from where else the company gets money to run its offices, websites, servers, than from people buying "education packages"?

How long do you think there will be merchants, when they one by one start to realize itt's impossible to liquidate to real money, because the ponzi economy, created on purpose from the beginning to achieve maximum sales and money for the founders, has created an impossible supply/demand balance.. It's not a solution that only merchants can sell, cause what new investors would invest hundreds of millions to a garbage reputation coin they can't sell.

It is a ponzi scheme, because the company implys the coin has an ever increasing value of 30€, but at the same time it's selling packages which produce coins with orders of magnitude cheaper. And even more, doesn't accept Onecoin for anything itself. The fact that the company implys such profits from investment (lets not kid anybody with "we only sell education") which have no bases in real life, already makes it a ponzi type of scheme.
Onecoin doesn't mean to be created to trade on the exchanges but to be used by the mass. Once everybody buys in the concept and accept One as money, then it becomes a currency that we can use to pay for virtually everything. The exchange can help the merchants to liquidate the coins for stocks but at the beginning they can wait. As more and more people are joining and use the coins, the confidence will be high and merchants can be used the coins to pay stocks from other merchants. The process will take time but it is totally possible if it keeps going. I remember I saw a video that shows some village in Africa they use a digital token to transact as cash. They buy the tokens at the store or a news stand, load them up onto their cell phones, and use them as money. All the people are accepting them even though the token was not issued by the government. The point is that as long as people view it as money, then it is something with value, just like Bitcoin and other cryptocurrencies. At the beginning people also denied Bitcoin and view it as a scam. Remember the pizza story? The guy spent 10,000 for a pizza because almost nobody else would accept Bitcoin at that time. As more and more people are using it and it becomes popular, so the value rises. Same thing will happen with Onecoin. Onecoin will speed up the process because it has a merchant platform for people to spend the coins, while Bitcoin after 10 years later is still pushing for mass adoption. I believe if given a chance Onecoin will succeed and it will not affect other cryptocurrencies in the crypto world, it can only enhance it. Why can we co-exist in the same crypto industry? Of course Onecoin has to prove first that it is a real cryptocurrency with a real blockchain. Perhaps some people don't like the private blockchain, but as long as it works, who cares?

Justice4all
Posts: 43
Joined: Wed Jan 31, 2018 10:27 pm

Re: Real value of onecoin

Post by Justice4all » Wed May 15, 2019 5:15 pm

TimTayshun wrote:
Wed May 15, 2019 8:52 am
1. The participants all want to make the project work,
2. therefore they are willing to accept the risk of holding the coins until the exchange opens.
3. wouldn't all the bitcoin holders buy the coin and hope the price of bitcoin will rise so they can make the profit?
4. Aren't they risk takers just like Onecoin believers?
1. Jews in Nazi Germany thought they were going to "the showers."
2. They thought they were being given bathing courtesies.
3. Bitcoin is a permission-less, "trust-less," censorship resistant, open source, decentralized, distributed network, based on math and technology which solves the "double-spend" problem and allows anyone to send money across borders, anywhere, to anyone in the world, at any time, without a 3rd party bank or intermediary, seamlessly. (does Onecoin have even a single characteristic I just described?)
4. Bitcoin investors SEE THE TECHNOLOGY, can "TEST" the technology, can VERIFY the transactions on a blockchain, and CANNOT change the history of verified transactions (they are immutable and censorship resistant).

Onecoin victims were sold a LIE.

They do not even hold any "private keys" to their own money!!!
(these so-called "private keys" do not even exist in the Onecoin system)


Onecoin has not a single characteristic of (B)bitcoin OR ANY OTHER CRYPTOCURRENCY.

Sorry for your loss.
What you referred to private keys in decentralized system is the Transaction password in Onecoin. Dr. Ruja wanted to make it simple and easy for average people to use the coin, not just for sophisticate technical computer gurus. The drawback of Onecoin is it's Trust system, but if people are ok with it, and not doing anything wrong, then it's a good thing, just like the banks have been doing for so long and continue doing it. The different between the banks and Onecoin's Trust system is that you can do more with your money, it's borderless, and less expensive to send and receive. You can't compare Onecoin with other cryptos because it is closed source, while other cryptos are open source. Igor once said that if the company adds an explorer to the blockchain, then we can all view it. We don't know if they plan to do it in the future. We can only take it as is for now.

Justice4all
Posts: 43
Joined: Wed Jan 31, 2018 10:27 pm

Re: Real value of onecoin

Post by Justice4all » Wed May 15, 2019 5:31 pm

CryptoXpose wrote:
Wed May 15, 2019 11:34 am
Justice4all wrote:
Wed May 15, 2019 6:46 am
If the company stop the sale of education packages tomorrow, it will not collapse because no sales = no commission. Therefore it doesn't fit the definition of ponzi scheme, where the company uses the funds of the new investors to pay the old ones and if no new investors coming in, the scheme will collapse itself. It will never happen to Onecoin. In my opinion.
Tell me, from where else the company gets money to run its offices, websites, servers, than from people buying "education packages"?

How long do you think there will be merchants, when they one by one start to realize it's impossible to liquidate to real money, because the ponzi economy, created on purpose from the beginning to achieve maximum sales and money for the founders, has created an impossible supply/demand balance.. It's not a solution that only merchants can sell, cause what new investors would invest hundreds of millions to a garbage reputation coin they can't sell.

It is a ponzi scheme, because the company implys the coin has an ever increasing value of 30€, but at the same time it's selling packages which produce coins with orders of magnitude cheaper. And even more, doesn't accept Onecoin for anything itself. The fact that the company implys such profits from investment (lets not kid anybody with "we only sell education") which have no bases in real life, already makes it a ponzi type of scheme.
You think billion dollar profit is not enough to maintain the operation of Onecoin/Onelife and Dealshaker? Don't forget they also generate income from the Dealshaker platform and OneForex, which soon will be operational.

Dummis-1
Posts: 277
Joined: Sat Mar 09, 2019 7:47 pm

Re: Real value of onecoin

Post by Dummis-1 » Wed May 15, 2019 6:25 pm

Justice4all wrote:
Wed May 15, 2019 4:24 pm

Onecoin doesn't mean to be created to trade on the exchanges but to be used by the mass. Once everybody buys in the concept and accept One as money, then it becomes a currency that we can use to pay for virtually everything. The exchange can help the merchants to liquidate the coins for stocks but at the beginning they can wait. As more and more people are joining and use the coins, the confidence will be high and merchants can be used the coins to pay stocks from other merchants. The process will take time but it is totally possible if it keeps going. I remember I saw a video that shows some village in Africa they use a digital token to transact as cash. They buy the tokens at the store or a news stand, load them up onto their cell phones, and use them as money. All the people are accepting them even though the token was not issued by the government. The point is that as long as people view it as money, then it is something with value, just like Bitcoin and other cryptocurrencies. At the beginning people also denied Bitcoin and view it as a scam. Remember the pizza story? The guy spent 10,000 for a pizza because almost nobody else would accept Bitcoin at that time. As more and more people are using it and it becomes popular, so the value rises. Same thing will happen with Onecoin. Onecoin will speed up the process because it has a merchant platform for people to spend the coins, while Bitcoin after 10 years later is still pushing for mass adoption. I believe if given a chance Onecoin will succeed and it will not affect other cryptocurrencies in the crypto world, it can only enhance it. Why can we co-exist in the same crypto industry? Of course Onecoin has to prove first that it is a real cryptocurrency with a real blockchain. Perhaps some people don't like the private blockchain, but as long as it works, who cares?
Wow, you are delusional way above average.
Lets break this wall of cult text down.

Onecoin is not meant to be traded on the exchanges?
Wow. Tell that to the thousand upon thousands of people daily trying to sell their account, millions of members screaming in FB groups about how they want the exchange to get their money back.
Nobody will hold on to their onecoin with everyone in jail - everyone wants out, they want their lifesavings back, some belive they have a 400,000% ROI for real and want to liquidate.

Yeah, that token in that African village is actually cryptocurrency like bitcoin. Truly banking the unbanked. Already doing it.

Nobody, NOBODY Said bitcoin was a scam in the beginning you stupid fool. People litteraly just mined bitcoin themselfs in niche forums.

The pizza story you got so wrong i cant even..
May 22, 2010, a programmer purchased two large Papa John’s pizzas for 10,000 bitcoins, worth about $30 at the time
10,000 x 7000usd in todays value.

Value of bitcoin rises because of market demand.
Value of onecoin rises without market demand.

Onecoin will never, i repeat: NEVER succeed. It is not a cryptocurrency, it is a scam, a ponzi.
IF they do launch their own internal exchange, its still just a playground within the ponzi.

I repeat: onecoin is a scam, a ponzi.
Oh i really really hope their internal exchange launches so you can learn how market works.

Curry Hater
Posts: 314
Joined: Wed Feb 14, 2018 6:45 pm

Re: Real value of onecoin

Post by Curry Hater » Wed May 15, 2019 7:26 pm

@Dummis-1
I didn’t understand. Do you think that OneCoin is a scam ?

CryptoXpose
Posts: 1190
Joined: Wed Jun 21, 2017 1:54 pm

Re: Real value of onecoin

Post by CryptoXpose » Wed May 15, 2019 7:46 pm

@justice4all

You also seem to live in some kind of fantasy. Regardless if you think OneCoin is not a scam, there's one problem: the member growth is plummeting fast. Dropping this fast it's not gonna take many months until less than thousand new members join a month anymore. Most members just want to sell. Both DealShakers dropping traffic as well.

Image
Captures taken from: https://www.onelife.eu/backend/tools-an ... s/analysis

Image
http://www.dig1coin.se/Onelife-Network- ... Statistics
*2016 OneCoin bought the member bases of several collapsed MLM networks (OPN, Bonofa, UniverTeam, BNG,Conligus, WeShare) adding around 750k new members.
Last edited by CryptoXpose on Wed May 15, 2019 8:03 pm, edited 4 times in total.

EagleOne
Posts: 594
Joined: Tue Jul 04, 2017 11:35 pm

Re: Real value of onecoin

Post by EagleOne » Wed May 15, 2019 7:53 pm

So now detroyer has changed his tune when called out on his statement that it was a fact, and again I quote: "Bjørn, Tim, Crypto, Eagl and others, all participated in these scams, they were all partners in ICO's and anonymity, took money from the poor but are still there. do you understand why governments have banned ICO's ?" To now claiming, and I quote: " Super4trolls......I have no solid evidence about you as you have no evidence about konstantin, but I'm sure that you and your troll brothers, you're scammers and you have lit's an evidence, thanx Broaunched ICO, that were only scams, to take money from the poor and run away, now to prove this truth it will be difficult and as you hope that DOJ condemns konstantin for the charges of conspiracy to commit wire fraud, we hope that the victims you have stole, will organize themselves in committees and associations that they will call, (ICOs's victims committee), and will track you down in international courts for having them stolen." admitting that you lied. This is and only was your "opinion" yet you said it was a FACT. But trying to whitewash your lie, you still claim you want the victims we have stolen from to come here and post proving we stole from them. Another statement of FACT that is nothing more than your opinion, and another lie because you can't prove any of your so-called claims.

So to sum it up, your whole original statement was a lie. Then you come back and say you "DON"T HAVE ANY PROOF" of your statement of FACT, admitting you lied, and then again make a statement of FACT that we did steal from others; which also is a lie. So thanks for lying twice, admitting it and proving you lied twice.

But for your claim that we don't have any solid evidence about Konstantin is also a lie, because we do.

And then right on cue we had Trueadvocate come and agree with your lies. He didn't even realize you were lying because your mantra fit the hater mantra.

TimTayshun
Posts: 621
Joined: Fri Sep 15, 2017 9:02 pm

Re: Real value of onecoin

Post by TimTayshun » Wed May 15, 2019 7:58 pm

HISTORY OF RUJA & ONECOIN FRAUD
What we KNOW about serial scammer/ con-artist/ gypsy thief, Ruja Ignatova:

2012
Bought a company called Waltenhoffen Gusswerks with her father and fraudulently bankrupted it shortly thereafter. [/list]
  • Fraudulent Bankruptcy: used fraud to bankrupt the company
  • Embezzling money from her own employees
  • Embezzling money from her own suppliers
  • Fraudulent Accounting Practices: "cooked the books"
  • Bank Fraud
  • Loan Fraud: She attempted to steal a number of heavy equipment from the company by unbolting it and attempting to have it shipped to Bulgaria (from Germany) to re-sell it
  • ...charged on 17 other counts of fraud


3.5 years later, in April 2016, when Onecoin was experiencing the height of its "hey-day," Ruja Ignatova and her father, Plamen Ignatov PLEAD GUILTY and were CONVICTED on 23 charges of FRAUD in German Courts
  • NOTE: She LIED to the Judge, stating that she:
  • 1.) worked as a normal housewife in Dubai with no "job"
  • 2.) lived on a modest income of 3500 euros per month
    • (meanwhile, Onecoin was pulling in as much as $40,000,000 per week during this time)

TOTAL STOLEN FROM WALTENHOFFEN EMPLOYEES AND SUPPLIERS:
approximately $1,000,000



early 2014
Joined BigCoin Ponzi scam with Sebastian Greenwood (whom she met earlier when he was scamming people with Loopium Ponzi scam), run by serial scammers John Ng and Jarle Thornsen.
  • Became the TREASURER of the company (through her company Crypto Real Investment Trust [C.R.I.T]
  • Promised large Return on Investment - it was a scam
  • Claimed that BigCoin was a "cryptocurrency" (with a real blockchain) - there was no blockchain(it was not a real crypto)
  • Promised that the company was doing an "IPO" and that investors would own shares - this was a LIE
  • HELPED THE COMPANY FLEECE $50,000,000 FROM ITS NAIVE INVESTORS
  • JUNE 2014: Took the money, ran away, and blamed someone else

TOTAL STOLEN FROM BIGCOIN VICTIMS:
approximately $50,000,000



June thru September 2014
  • Recruited professional and notorious pyramid/ ponzi scammer Nigel Allan (Brilliant Carbon Ponzi, Octa Coin scam, Crypto888 Club Ponzi ...later: Power On Network scam, Exergenis and XeCoin pyramid scheme, etc.) to be President and Co-Founder of "Trashy Coin" (had not decided upon the name "Onecoin" yet)
  • Had Sebastian Greenwood implement the CoolsDAQ database (same back-office facade they used in BigCoin) for Onecoin.
  • Exchanged multiple, now confiscated, emails with Co-Founder #2/ Master Distributor 001 (Sebastian Greenwood), later seized via subpoena by FBI and U.S. Department of Justice, which described the genesis plan for Onecoin FRAUD, as well as their exit strategy - which both executed in Fall and Winter 2017, respectively.

2015
  • JANUARY (early): Claimed that new coins were being "mined" on Onecoin blockchain (#1)
    • Ruja told Sebastian, "We are not mining, we are just telling them shit"
  • JANUARY (mid): EARLY DAMAGE CONTROL - Fired Onecoin President and Co-Founder, Nigel Allan, to mitigate the scrutiny of early "haters" because Onecoin was already gaining quick momentum, and Allan's name was already very well known for his numerous fraud scams
  • MAY: Claimed that Onecoin had "joined forces" with Aurum Gold (coin), "The first hybrid 'cryptocurrency' backed by real gold, stored in Dubai, in secret gold vaults deep under the sea."
Of course this was just more total nonsense and LIES
  • MAY (late): PAID FOR FAKE FORBES COVER - 2nd page advertisement/ propaganda in Forbes Bulgaria to recruit new victims by pretending to be a legitimate company.
  • JUNE (early): Claimed that Ruja had "Bought a Bank" and had obtained banking licenses all over the world.
  • JUNE (mid): Launched in the USA by serial scammer Glenn Smith, along with Sal Leto and Maurice Katz (serial scammer and Convicted FELON, Tom McMurrain, who spent 68 months in prison FOR PONZI FRAUD and was ordered to repay millions of dollars which he'd stolen from investors, was also brought in around this time)

2016 - PARTNERING WITH COLLAPSED PONZI SCAMS
By the beginning of 2016 about half of Onecoin’s entire network had come from their acquisitions of other failed ponzi scams, their contact information and, of course, their once broken dreams, which Onecoin promises “will make up for it this time (and finally make them rich, of course – after they “buy in” again).”

These former (and recently collapsed) Ponzi schemes, were acquired by and "partnered with" Onecoin, are well documented, and include:
  • Conligus (10,000’s of members est. – the Steinkeller brothers)
  • Univer Team (120,000 members est. – Alexandre Arenales)
  • Unaico/ SiteTalk, OPN (AKA: Opportunity Network) - over 400,000 members est. – Sebastian Greenwood (earlier), Frank Rickets, Christian Goebel, others
  • Bonofa (60,000 members – Christian Goebel)
  • BNG International (10,000’s members – John Mercucci)
  • WeShare (Crowd Funding/ Cash Gifting scam with 10,000's of members - James Hill (

Every single one of these people listed, and a great deal of other Top Leaders in Onecoin have been involved in numerous other scams, several in many cases, and for some, scamming is literally their career!


2017 to PRESENT
Far too many red flags and overwhelming fraud accounts to list here
"The network would not work with intelligent people"
- Konstantin Ignatov, reiterating what he was told by Sebastian Greenwood


TOTAL STOLEN FROM ONECOIN VICTIMS:
over $4,600,000,000 ...and still growing



...and here we remain with you lunatics calling us "paid" and "haters?!?!?" SMFH!
Last edited by TimTayshun on Wed May 15, 2019 8:29 pm, edited 1 time in total.

TimTayshun
Posts: 621
Joined: Fri Sep 15, 2017 9:02 pm

Re: Real value of onecoin

Post by TimTayshun » Wed May 15, 2019 8:05 pm

Ps. @scammers
  • I have NEVER bought into any ICO in my life (I've only bought various cryptos already on the market - won some, lost some, etc)
  • I have only advised on 1 ICO (out of Africa), an agricultural, supply-chain management and RFID tracking system, using Ethereum blockchain, for friends at Satoshi Center Pty Ltd, whom I've been working with since 2014
Pss. It's scams like BitConnect and Onecoin, which caught Regulators off-guard and caused them to start hyper-regulating this space, which is one of the reasons I CANNOT invest in ICO's, despite having more knowledge of this space than 99.999% of the people who CAN put money in them.

So, you a-hole scammers, and you brainless lemmings who follow them, are to blame for cutting me out of the ICO investor opportunities. And this is one reason (of many) that I fight scammers and idiots who are soiling the name and reputation of an entire industry.
Last edited by TimTayshun on Wed May 15, 2019 8:17 pm, edited 1 time in total.

Curry Hater
Posts: 314
Joined: Wed Feb 14, 2018 6:45 pm

Re: Real value of onecoin

Post by Curry Hater » Wed May 15, 2019 8:16 pm

EagleOne wrote:
Wed May 15, 2019 7:53 pm
So now detroyer has changed his tune when called out on his statement that it was a fact, and again I quote: "Bjørn, Tim, Crypto, Eagl and others, all participated in these scams, they were all partners in ICO's and anonymity, took money from the poor but are still there. do you understand why governments have banned ICO's ?" To now claiming, and I quote: " Super4trolls......I have no solid evidence about you as you have no evidence about konstantin, but I'm sure that you and your troll brothers, you're scammers and you have lit's an evidence, thanx Broaunched ICO, that were only scams, to take money from the poor and run away, now to prove this truth it will be difficult and as you hope that DOJ condemns konstantin for the charges of conspiracy to commit wire fraud, we hope that the victims you have stole, will organize themselves in committees and associations that they will call, (ICOs's victims committee), and will track you down in international courts for having them stolen." admitting that you lied. This is and only was your "opinion" yet you said it was a FACT. But trying to whitewash your lie, you still claim you want the victims we have stolen from to come here and post proving we stole from them. Another statement of FACT that is nothing more than your opinion, and another lie because you can't prove any of your so-called claims.

So to sum it up, your whole original statement was a lie. Then you come back and say you "DON"T HAVE ANY PROOF" of your statement of FACT, admitting you lied, and then again make a statement of FACT that we did steal from others; which also is a lie. So thanks for lying twice, admitting it and proving you lied twice.

But for your claim that we don't have any solid evidence about Konstantin is also a lie, because we do.

And then right on cue we had Trueadvocate come and agree with your lies. He didn't even realize you were lying because your mantra fit the hater mantra.
The same applies to YOU, liar !!!
You declared that Dealshaker merchants were paid by the company. It’s a blatant lie, liar.
You keep claiming that Konstantin is going to make a plea deal while you don’t have a clue of what’s going on, liar.
Amongst other lies.
You’re proud of yourself, liar ?

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