Closed source cryptocurrency - OneCoin

[raver36]

I laughed hard at this

Take a look a OneCoin- a Bulgarian closed source digital currency

LINK

Am I getting something wrong, or is it really closed source?

[raver36]

They say they have a monthly audit of their blockchain

https://www.youtube.com/watch?v=I8oYt0mBdFY

HAHAHAHA

[tiggytomb]

I have seen some other threads and articles on this 'project' it will end up in misery for those that fall for this and buy into it, it is a likely scam/ponzi/pyramid setup.

[raver36]

Just came across this website:

http://www.xcoinx.com/

The only 'OneCoin' exchange. Owned by OneCoin

 

OneCoin stats according to their exchange:

Market Cap: USD 6,277,776,188

Price: USD 7.83820630   

Supply: 800,920,000 ONE

On second place, after BTC in market cap xD

Ponzi confirmed!

[tmfp]

It's not a cryptocurrency, it's a closed ponzi points system.

Huge number of red flags, probably summarized best here:
 https://news.bitcoin.com/beware-definitive-onecoin-ponzi/

[takingthis4]

I laughed hard at this

Take a look a OneCoin- a Bulgarian closed source digital currency

LINK

Am I getting something wrong, or is it really closed source?

it sounds a little bit fishy to be honest, it is still impressive how such projects are evolved even though it is most probably just a scam

[Senor.Bla]

I laughed hard at this

Take a look a OneCoin- a Bulgarian closed source digital currency

LINK

Am I getting something wrong, or is it really closed source?

it sounds a little bit fishy to be honest, it is still impressive how such projects are evolved even though it is most probably just a scam

almost every sane person thinks this is a scam and there are many attempts undergoing to stop this scam, but they are still making a fortune. tragic, but i will follow it and wait for the justice. it may take some time but it will come. 

[~Bitcoin~]

I feel same like what LEOCOIN is doing right now, both seem to be MLM program rather than a real cryptocurrency. Onecoin and leocoin both may have really bad ending/closing/scaming.