Bitcoin Forum

Other => Off-topic => Topic started by: 2342q6tegw on November 21, 2017, 08:10:36 PM



Title: Onecoin scam
Post by: 2342q6tegw on November 21, 2017, 08:10:36 PM
So I went to a onecoin meetup.

Yes i know, It was advertised as an ICO group. (Probably  to avoid tripping fca alerts ) So I expected groups who were developing  coin/tokens launching or had launched ico or were just generally interested.

Instead I got onecoin (I think I put them off when my answer to what else do we know who is behind it Was etherum foundation in zig,switzerland. )  I was avoided while they worked the room.

What I can't figure out though is how they are able to troy out so many merchants who are willing to take payment in onecoin given how it is worthless. Sure I can figure 50/50 just raise your prices by 50% then take half onecoin and half fiat. But 100% onecoin. That makes no sense unless there is value to the coin (which there is not) so do they hire actors or something? Or do they pay merchants at a different rate? Or is there some other trick.


Title: Re: Onecoin scam
Post by: DARKHOLDER on November 28, 2017, 01:14:44 PM
Its just scam...no exchanges...nothing.. Just do not give Your money to hands to some sheepkeepers..


Title: Re: Onecoin scam
Post by: 2342q6tegw on November 28, 2017, 04:19:34 PM
Yes, I know it is a scam, was in the title  :) What I can't figure out is why merchants are willing to accept payment in a scam coin.


Title: Re: Onecoin scam
Post by: CryptoChanel on December 12, 2017, 04:35:49 AM
Yes, I know it is a scam, was in the title  :) What I can't figure out is why merchants are willing to accept payment in a scam coin.

Are they really? This part sounds intriguing, so either the merchants are scammers themselves or they are scammed too.


Title: Re: Onecoin scam
Post by: 2342q6tegw on December 23, 2017, 07:58:24 PM
Yup. That's what intrigued me. Some even claimed to be accepting 100% payment in onecoin for their services.

Of course anyone can put on a suit and say I'm a merchant. So they might just be scammers buying cheap cr*p then selling it for worthless one coin and taking a cut of the company profit from selling it one coin and not really independent. I can't really see how they can scam.the merchants. Yes accept payment in onecoin then spend it on my platform. Really what about taxes?


Title: Re: Onecoin scam
Post by: 2342q6tegw on December 23, 2017, 08:03:47 PM
Although my fave part was how it was the world's only centralised blockchain. I of you brought that I have an internetless email account I'd like to sell you.

I will give them it is impossible to hack though. My non-existent  software is impossible to hack too. What is impressive in a way is these people can drumpnup millions yet deal deserving projects that could impact a lot of people might be starved for funding.


Title: Re: Onecoin scam
Post by: AsUsualNo on December 23, 2017, 09:02:02 PM
So I went to a onecoin meetup.

Yes i know, It was advertised as an ICO group. (Probably  to avoid tripping fca alerts ) So I expected groups who were developing  coin/tokens launching or had launched ico or were just generally interested.

Instead I got onecoin (I think I put them off when my answer to what else do we know who is behind it Was etherum foundation in zig,switzerland. )  I was avoided while they worked the room.

What I can't figure out though is how they are able to troy out so many merchants who are willing to take payment in onecoin given how it is worthless. Sure I can figure 50/50 just raise your prices by 50% then take half onecoin and half fiat. But 100% onecoin. That makes no sense unless there is value to the coin (which there is not) so do they hire actors or something? Or do they pay merchants at a different rate? Or is there some other trick.

Move this on scam accussation this not has to be put in here