So they say, have you independently verified the claims or seen the bank accounts ???
The fact they could say anything and you'd believe it is hardly proof of anything, other than how easy it is to fool some people.
Printable View
How many Onecoins will I need to buy a coffee ???
The fake Forbes cover shoot is enough for me, and should be enough for anyone with an average IQ. All your due diligence is done once you uncover a single lie as far as investing goes.
You are too stupid to know what type of audit they performed and that it is meaningless as far at the fraud aspect of Onecoin. You showing up with the unsubstantiated $3 Billion drivel is a big strike two as if the lie about Forbes wasn't enough.
Let ribby know if you need help with any of the big words.
http://www.realscam.com/f45/control-...n-enough-2212/
More importantly let the class know of anything we called a scam that turned out to be the real mccoy.
No need to thank us, come around to us the next time you want to do something stupid with your allowance.
and to add insult to injury:
Ignatova does it again, another fake magazine cover?
Our friend may need this link above all others...
Don't try to teach your Grandma to suck eggs - meaning and origin.
Feels so good to be right about another scam:RpS_thumbsup:!!!
Welcome to RS. I guess I am missing something here since there has been plenty of "Proof" provided that shows that OneCoin is nothing more than a Ponzi/scam if anyone had bothered to read the three previous pages.
But let's break this down. OneCoin says their market capitalization is $3 Billion Dollars, and number 2 behind Bitcoins. Yet in the Market Capitalization website of eCurrencies, OneCoin does not appear in the top 100. Now how can this be if OneCoin as a market capitalization of $3 Billion Dollars? Can we say OneCoin is lying? Of course. Trade publications post results not hype. Or maybe you could explain to all of us how we got it wrong when comments like this from the presenters in the UK gushing over OneCoin said, and I quote:
"someone who pays 5,000 euros – about £3,900 – for the Tycoon Trader package. Thanks to splits this turns into £8,500, and that’s without the value of OneCoin even increasing." Do you really believe this is possible and how is it possible? Now I could post a lot of other inane comments made by OneCoin at their presentations, but an answer to this one will suffice.
Can you explain to me why OneCoin pulled out of the US market? Remember, OneCoin promoted their big rally to be held in LA, but instead it was held in Downey, CA? You do realize that LA is a market capital and Downey is not, right?
You do realize that OneCoin, in an effort to keep as much money in OneCoin as they can without having to pay it out promoted CoinSafe. You are aware that when you put your coins in CoinSafe you cannot withdraw anything for 2 years, right? And you believed them when they said this was the best way to increase the value of your OneCoins, right? Notice how the people at the top are still withdrawing, but the regular members by joining CoinSafe cannot?
Let's also not forget how the top people in OneCoin were encouraging members not to withdraw but keep their money in OneCoin so it would increase faster, and yet all the top members were withdrawing like crazy. You should have been asking why us and not them being told not to withdraw.
You are aware that Sweden has declared OneCoin to be an illegal pyramid scheme, right? You are also aware that OneCoin is under investigation in several other countries as we speak, right?
I do look forward to your answering my questions, but before you do, I suggest you read the first 3 pages carefully. Then not only can you answer my questions, you can raise your own questions for us to answer.
Actually, the facts given here are technically not so much "proof" but are instead overwhelming evidence! It still must be in the mind of the beholder whether to accept that evidence as proof! Apparently the critical thinking skills necessary to make that decision is absent in many shills, pimps,promoters or even many members in these scams.
equitymate: While you are preparing to answer my questions, maybe you could clarify something for me. About a year ago, the good Dr came out with the story that she was on the cover of Forbes International magazine and they did a story on her and OneCoin. Fact was, it was a fake cover as she was not on the cover of the magazine, and no reporter from Forbes magazine had interviewed her. Now she has done it again and claimed she was on the cover of Financial IT. had a picture of it and everything just like she did for the fake Forbes Magainze cover. And low and behold the real issue came out and she was not on the cover. Now it seems she has pulled the picture and the claim she was on the cover and was interviewed. Do you think she is a reputable businesswoman for faking two magazine covers and claiming she was interviewed in both? Does this make you think that everything about OneCoin is exactly all smoke and mirrors and a Ponzi as we have posted here?
I look forward to your reply to all of my questions.
Ruja Ignatovas' Cryptoqueen page page on Facebook (image since removed)
http://imageshack.com/a/img921/6554/05pNKx.png
The actual Winter edition of Financial IT cover on Financial IT Nets' Twitter page
http://imageshack.com/a/img923/513/7jENfZ.png
just sayin'
Attachment 13053
PHEW !!
We can all relax,
Apparently Ravishing Ruja is now going to be on the cover of the FEBRUARY edition of Financial IT
http://imageshack.com/a/img922/3938/5REU27.png
I think equitymate must still be trying to find all the "facts" to answer my simple questions. Now you don't suppose that equitymate wasn't really interested in any facts, but just wanted to try to discredit all of us by claiming we don't post "facts?"
.
Just in case there might be a few readers here who are not also regular followers of OZ's premium work exposing the underbelly of these so-called "internet network marketers" at his BehindMLM.com, you won't want to miss his latest on Ruja Ignatova and her OneCoin SCAM:
Ignatova laundering OneCoin funds through mother
.
http://i51.photobucket.com/albums/f3...g.jpg~original
SD
.
Had to post this little gem....courtesy of our old chum, Joby Boughey:-
Attachment 13588
IQ of over 200 eh? Higher than that of Einstein? Nice!
perhaps she was overlooked:
Top 12 People with Highest IQ in the World - Listovative
Oz has a great update on OneCoin on his blog. Seems China didn't buy this is a real crypto-currency and raided one of the events and arrested three of the top promoters in China. Now what was shocking about this raid was the amount of money that was confiscated at this event. It was over $30 Million USD! Incredible. But then I guess euqitymate will buy the story that the Chinese just don't understand this great new unique and incredible crypto-currency program. Funny how fast equitymate made like Houdini here. Must have been something we said.
Maccabi is still warning everyone about scams - except for the scams that he promotes...
Attachment 13939
One coin is now at the "opening our new office" stage. This is in Bulgaria, apparently.
Attachment 13994
And according to his FB page, Joby Boughey is now peddling One coin in South Africa.
Ryan Conley is trying to sell his worthless OneCoin because he can't cash it out...
Attachment 14061
.
BULGARIAN PRESS SKEWERS
RUJA IGNATOVA, ONECOIN
Google Translate does a great job on Bulgarian!
:)
http://i51.photobucket.com/albums/f3...r.jpg~original
"Money From Nothing" - kinda reminds me of my favorite piece of Ponzi SCAM journalism from 15 years ago: Money for Nothing | WIRED
SD
.
Great article in any language! It is going to be fun to watch the faithful spin this one to calm the troops and new recruits. Now if the Bulgarian authorities would just act and shut this down, it would be a huge win for all., especially if they do refunds and clawbacks against the major winners like in Zeek and TelexFree.
Chinas' ZSBTV is reporting:
(Google translated)
NOTE: "Vicat Credits" is the Chinese translation of "OneCoin"
http://imageshack.com/a/img922/5682/9cMDZi.png
OneCoin announced that they are going to be holding a major event in London on June 11 at Wembley Arena. This was posted on their FB page. Only one itsy-bitsy, teenie-weenie problem.....The Wembley Arena does not have any event happening on June 11, let alone for OneCoin.
At this late date, if they don't have a venue, they aren't going to get one, so another lie it seems to have been told by OneCoin. Since they have been selling tickets for this London event, you would think they would at least know the venue where it is going to be held. Can't wait to hear all the excuses and cya that is going to take place and soon. Talk about shooting yourself in the foot.
Just so you know this information is true, here is the Email I got earlier this morning with this news, and I quote:
"Hiya Lynn,
So having just got off the phone to their box office, they have told me that they have no event booked for the 11th June, never mind one for One Coin. Hope that helps!
Cheers,"
The SSE Arena, Wembley;Interesting tidbit;
https://en.wikipedia.org/wiki/Wembley_Arena;Quote:
Former names
Empire Pool (1934–78)
Wembley Arena (1978–2014)
SSE Arena 2014-
............
The building was renamed The SSE Arena on 1 June 2014 after SSE plc bought the naming rights to the venue for 10 years.
And nothing listed for June 11. Makes you wonder just where they are going to hold the event. My guess is they are expecting people to show up protesting them and they are holding the location secret until the very end so no-one would have time to be there protesting.
Of course all real and legal companies don't reveal where they are going to hold their major event until the last possible moment.
I posted on Behindmlm about the conference rooms at Wembley. I'm betting they've reserved one of those. Maybe your friend can make another call Lynn?
Meetings and Events | Wembley Stadium
OneCoin's claim is that there are to be over 11,000 people attending this big London event. No meeting room would accommodate them if it is indeed this large. But then with all the other lies told by OneCoin I don't believe their 11,000 claim anyway. Still according to the booking agent, there are none, zero, nil, nada, zilch events of any kind scheduled for that day at the arena. My take is this would also mean smaller rooms. It is also not on the bulletin board calendar of events being held at the arena on their website. You would think that OneCoin wold be demanding their event be proudly displayed for all to see.
My bet is still on them holding where until the last possible moment so those who are planning on going and exposing OneCoin would not have time to attend.
You can add Germany to the countries that are investigating OneCoin.
In the meantime Ruja threw herself a birthday at the Royal Albert Hall, renting the entire thing for only 50 people. I am sure the members who can't get their fabulous, special crypto-currency coins sold were thrilled that she is spending their money almost as fast as she gets it in OneCoin. Add to the over $20 Million Dollars of property she has bought in Bulgaria, I'm sure also makes them thrilled at her expensive purchases.
Der Speigel is reporting Germany has become the latest country to investigate the One Coin scheme.
(Google translated)
http://imageshack.com/a/img924/5567/ZUcbpE.png
You can read the original article here on Spiegel.de
Video of Ruja's speech at the London event is out. [Link]
It's getting harder to say they're even pretending to be a currency. I mean sure they're pretending to be a currency but they're doing such a ridiculously bad job of it. They do not have enough coins to add merchants to their network? Gee, did they ever notice that you can transact fractions of a bitcoin? As I type one bitcoin is valued at $637 but if I wanted to I could order a pizza with part of a bitcoin, I guess OneCoin is not divisible into partial units.
That or Ruja's speech is pure and total crap.
But they have their own fix for this particular conundrum. On October 1st they will take their website offline and install a brand new blockchain (because everyone knows you need to take the website offline to work on a blockchain, it's like jacking up a car to change it's tire). The new version will increase the total potential number of OneCoins from over two billion to 120 billion. It will also double the amount of all existing OneCoins and tokens without decreasing the value of individual coins.
Let me remind you, this is from a company that claims to be providing education on cryptocurrencies and economics in general. :duh:
As expected no merchants have been added to the network (how could they, there ain't enough coins for that) but they did an amazing shuck and jive with announcing an app that affiliates could take to local businesses to somehow enroll them into the network or something. So like, after they invent enough coins (Grrr) it will be up to the affiliates to sign up merchants.
Until OneCoin can be used to actually buy things with it isn't a currency and best guess one their current timeline for that happening is going to be "by the end of the year" which by some amazing coincidence is exactly what they were saying a year ago.Quote:
Currency is a generally accepted form of money, including coins and paper notes, which is issued by a government and circulated within an economy. Used as a medium of exchange for goods and services, currency is the basis for trade.
.
So here is the Onecoin recap of the huge, exciting announcements that Ken Labine and the rest of the Onecoin vultures traveled to London for:
http://i51.photobucket.com/albums/f3...0.jpg~original
This is hysterical.
· Merchant program will start end of this year & existing members will also make money out of it. Over 1 million merchants will come on board in the next 2 years
Try to imagine one significant merchant deciding that accepting Onecoins in return for goods and/or services makes sense.
Really - TRY.
· Onecoin will go to Share Market, end of this year while merchant services are launched
First - why is "share market" capitalized? Is this some new brand "coming soon to a WalMart near you"?
To sell shares to the public requires a recognized investment bank serving as underwriter. The underwriter performs due diligence including examining all company books, then assumes the liability of going public by deciding on a fair market value for the offered shares and purchasing them. They make their money by offering the shares for a higher price than they paid for them.
Onecoin shares publicly listed? It will never happen.
· On 1st October, Onecoin will adopt the biggest ever blockchain of history with a capacity of 120 billion coins to be mined!
Huh? What is wrong with the "old" blockchain (if indeed one even exists)?
Bitcoin solves the liquidity problem with simple code that allows for infinite divisions of its available supply depending on public demand.
If Onecoins were "real" money with the current supply at 2.1 billion ... and I then announce that I am going to produce another 117.9 billion of them ... I am telling you that I am devaluing what you currently hold by over 95%!
· On 1st October, all existing member's coins will be DOUBLED as a gift from Dr Ruja regardless of the split procedure, just because we are the pioneers of Onecoin
Oh cool! 2.1 billion Onecoins allegedly currently worth over 14 billion dollars are going to ... hey wait a second!
"Dr" Ruja really has an extra 14 billion dollars laying around to generously give away to her suckers?
Experienced Ponzi players clearly recognize this as a last grab for stolen cash.
· From 1st October mining time will be reduced to 1-2 weeks only
If you have something that can't be sold or exchanged for goods or services, who cares how fast you can get them?
· "OneLife" umbrella has been created.
____________ <- fill in your own reason for enthusiasm here. I can't think of one.
· OneCoin Launched a new physical product for members – “Onelife tablet”
Step right up, folks! Buy your tablet from "Dr" Ruja and pay ten times what the Chinese sell them for! YAY!
· Onelife app will be launched in a few weeks to initiate merchant program
An APP? I'll personally be crossing the days off on my calendar to this clearly specified release date.
· New unhakeable websites launched with latest technology
Does this mean the current website is "hakeable"?
· Hacking challenge: if anyone in the whole world can hack our website will win €100,000
Translation: "We don't have €100,000 laying around where anyone can get to it, because we know that one out of a hundred junior high students in Russia or China can hack our grade-school website any day they want to".
ri-diculous
SD
.
.
Please ... tell ... me ... this ... is ... a ... fcking ... JOKE.
From: One Coin Forex | coming soon...
http://i51.photobucket.com/albums/f3...1.jpg~original
SD
.
There is a really great article on the blog Bitcoin.com that exposes OneCoin for the Ponzi it is. Here is a link to the article:
https://news.bitcoin.com/beware-defi...onecoin-ponzi/
Love it when the heat gets turned up on these Ponzi's, and this definitely turns up the heat on OneCoin. OneCoin is scrambling to do damage control.
Remember this post by Bestbud from a few weeks back ????
http://imageshack.com/a/img924/1007/wEJJVu.png
Things certainly seem to have deteriorated since Ryan announced his intention to sell his (non existent) OneCoins
https://vimeo.com/175846499
Scammers scamming scammers = always good for a belly laugh