Alpcoin is a decentralize currency which is future. Alpcoin had a blockchain, Visa Master card and a mega stire like Ebay and amazone. I am proud to be a Country Head of Alpcoin in Pakistan. Alpcoin will be every where very soon.
Warning!!! AlpCoin is a Klepto Currency!!!I am one of the people who has been scammed into this fake ICO project by AlpCoin. Ok, it was my fault to trust my girl friend who has blindly trusted her friend who is part of the AlpCoin scam organizer.
Now with my personal experience with AlpCoin, I would warn all of you followings:
1. AlpCoin is NOT a cryptocurrency, it is NOT decentralized at all. The coin was generated from tokens, and you have to store on their website. The company claims that coin holders can download external wallet and store all the AlpCoin on it, but I do NOT believe it at all.
2. AlpCoin's online shop is NOT as ebay or amazon at all. There are not so many merchants registering in the shop. However, all the cosmetic products displayed in the shop belong to Patrick Ruegesegger who is one of the AlpCoin Partners and he claimed to be the CEO of AlpCoin more than a year. Now, the CEO of AlpCoin turns out to be someone else from Nigeria UBS bank.
3. AlpCoin claims to have a trading platform: go4cryptos.com, well, on this platform, you can place buy/sell order for AlpCoin. However, there are no one buys the AlpCoin with BTC or ETH due to such coin is not listed on any of public trading platform. I personally placed a Sell Order, but this order is just hanging there with no buyer. I'm curious to see how long my sell order will be full filled.
4. AlpCoin claims to be a cryptocurrency, but if you look at their program (
http://behindmlm.com/mlm-reviews/alpcoin-review-ponzi-points-subscription-packages/), you will realise nothing is related to cryptocurrency, but a pure pyramid scheme.
5. AlpCoin claims to be regulated by Switzerland, and also registered in Dubai. Well, knowing Switzerland is wellknown for creating local currency on regional level, so this registration doesn't mean anything, they company register in Swizerland is because their money goes into their swiss bank account, not for protecting alpcoin buyers benefit. One of their partners called WorldWideLinks (
https://www.worldwidelinks.ch/), go and look at what they do.... you will then evalulate by yourself how "serious" they are.... a trading company that doesn't expose any detail on their website about who they are and what they do etc. Talking about this fucking "dubai registration", it is actually a trading company (
http://sqb.ae/SQB/Home_PC.html), belonging to Patrick Ruegesegger, who sells cosmetic stuff, such as "Mira-Skin"..... So AlpCoin is one of the product under this company..... knowing Dubai is a fiscal heaven.
6. AlpCoin recent promotion is to give 5 times more coins to the holders, BUT, the trick is that the mojority of the coins are frozen and can not be traded, it will take 10 months to 12 months to release all the coins. This means even if holders who want to trade AlpCoin, the amount of tradable coins are very limited, and on top of it, when there's no buyer to match the sell order, your coins will be just worthless.
7. AlpCoin, SwissCoin and One Coin, they all have very similar pyramid scheme program, the bonus distribution is the same for these 3 scam coins, you can check them out on the website of behindmlm.com thus compare them. Assuming you all knew that the founder of One Coin has been arrested in Germany for fraud..... and many other countries are also ready to put charges on her. After massive internet search, i discovered some key people/partners from AlpCoin had been invloved in SwissCoin promotion, they may also involved in OneCoin promotion.
8. AlpCoin never published any WhitePaper during the period of pre-sale (in the past 14 months), that's why I counted mostly on the TRUST towards my girl friend who has very close contact with the AlpCoin partners... MY BIG MISTAKE! I know I will never be able to get my 5000$ investment back from this company, but I hope my personal experience will be a good alert to the public!
P.S. AlpCoin does NOT link to any Visa or MasterCard. If you see any Visa or MasterCard bearing alpcoin logo or image on the card front, this is because cardholder requested his/her bank to custermise their card with the image provided. For example, if you are an ABC bank customer, you want to put your dog or cat's picture on your visa/mastercard, then you just need to provide the desired image you want to your bank, then your bank will print it for you. And that is all about it. So DO NOT BE FOOLED again by their sneaky marketing words.
