Onecoin appears to be entering the terminally fucked stage.
Signs:
1) Huge hurdles to withdrawal in shape of KYC regulation (a sample of complaints)
Onecoin said kyc authentication requires a month’s time, but now almost two months of how not passed?
@onecoin: PLEASE VERIFY MY ACCOUNT AND ALSO MY ONEPAY ACCOUNT! I SPONSORED MANY PEOPLE, BUT I AM ALREADY WAITING MONTHS FOR MY VERICATION!!!!
KYC certification for a long time did not pass. Hope to get the company’s attention. Let me have a stronger confidence to develop my team.
In addition withdrawal on November 15, 376 euro hasn’t been to the bill. Hope the company to help return the account. thank you.
Dear Onecoin Support Team, How much time you have require to clear my KYC.
I am very upset with delay in KYC clearence, I don’t Know what’s the reason behind for delay from onecoin company.
Why,why,why,company required 30 working days of KYC clearence.
I am not able to satisfy my team for delay in KYC. Because i am not able to answer my team for delay in KYC Process. Pl try to understand & clarify me for Delay/that much time required for KYC clearence.
Also Upload/send KYC clearence procedure example Photo/Video etc so that everyone understand that how ducuments to be send in KYC.
kyc delayed but did not explain to the customer . But tell exciting news , but no news kyc .Face book onecoin should explain a pending state . Too long.
Hello…. We are from Belgium.My sons status is also still pending for nearly 2 months. May i ask the Support Team why it takes so long
In meantime unable to sale one coins :-(( This is unfair.
I manage to create OnePay account recently. However, I am unable to sale my one coin due to KYC profile and setting status showing “Pending”.
I have submitted the documents nearly 2 months ago and yet status is still pending. Appreciate your immediate action to solve the above.
I have 5 tycoon all split 2 times already. I do my KYC 7 week already but i always pending. Your KYC is too late. I AM ANXIOUS.
we are scamed? I am waiting for KYC since 05.12.2015
2) Affiliates unable to sell their 'coins' on the only exchange that handles this shit
February 23rd: Are you able to sell coins? my orders are ALWAYS expired even if I stay between daily limits.
February 25th: I don’t know how the onecoin exchange works but it’s very difficult to sell onecoins.
This month I have been trying to sell onecoin every day mon to fri but it got sold only on 2 days i.e. 10th & 15th Feb. Why is that?
In Feb I could sell onecoin in the exchange only 3 times. At this rate it will take me 12 years to sell all my onecoins.
February 27th: Anybody tell me why the coin withdrawal didn’t credit in cash account only shows pending..
February 27th: Hi. Why my coins doesn`t sold? I have 5 application… And i wait week.. It`s not normal.
February 29th: (responding to above): its always pending and expired.
February 28th: withdrawal didn’t credit in cash account anybody tell me reason?
February 29th: (responding to above): we have the same case.. it takes more than a month but it says after 10 banking days upon withdrawal.
March 1st: (responding to above): mine since last Nov….still nowhere to be found in my account yet.
3) Lock in periods heavily promoted to delay meltdown
“CoinSafe”, a ‘unique product, giving you the chance to earn from both the rising value of the coin and the earnings you accumulate‘.
Basically, in exchange for not making withdrawal requests, OneCoin are offering affiliates ROIs of 10 to 12 percent.
CoinSafe ROIs are paid out in OneCoins, so don’t actually cost the company anything. The maturity period of the CoinSafe contracts is however 12 to 24 months, giving top OneCoin investors plenty of time to continue withdrawing funds.
It also gives OneCoin some breathing room, as affiliates who participate in CoinSafe are barred from making withdrawal requests for up to two years.
4) Package price increase
The price of packages must reflect the growth and development of OneCoin.
With all the opportunities offered by the company, OneCoin grows bigger and stronger with each passing day!
Besides all benefits that this development brings, we need to make sure that, among other things, the mining queue will not get longer, nor there will be over-subscription of the coin.
With that in mind, from April 1st, 2016 we will increase the prices of all our packages by 10% thus aiming to have a stable price of the coin.
5) The only "exchange" that trades in this shit closes with no notice
Please note that the OneCoin exchange enters maintenance mode from March 1st, 2016 until March 15th, 2016.
Quotes from Oz at
http://behindmlm.com/companies/onecoin/onecoin-add-25000-package-suspend-withdrawals/(a.k.a. "behindlosers" as hilariously called by Ken Labine, Canada's unicellular OneCon promoter.)
Please would someone share this post on
Ken's Facebook page, as I am
persona non grata there.