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One coin - Bitcoin alternative in India, Still believe?


anshulgelani

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ONECoin is a cryptocurrency which is based on the blockchain technology. The transaction of ONECoin cryptocurrency is very secure.  This cryptocurrency was found in Bulgaria. ONECoin is based on the Ponzi Scheme.

 There are many cryptocurrencies in the world to trade. Makers of Onecoin convinced people that ONECoin is one of those cryptocurrencies which have lots of potentials to perform well in the upcoming decade and it can perform like bitcoin. ONECoin acts as both a cryptocurrency and a payment method for digital transactions.

But Onecoin was the total fraud scheme to loot people around the globe. It is not an actual cryptocurrency, it was just a fake coin to loot people around the globe. Onecoin was the scam of around $5 billion.

https://www.mastershareprice.com/2019/12/1-one-to-pkr-convert-onecoin-to-pkr.html

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The ONECoin currency you are talking about never came in to my knowing. Maybe it hasn't been promoted in our country. I came from the Philippines by the way. Thanks for the information. Glad that that currency hasn't reached our country or many might have got scammed here as well.

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i heard the story about onecoin, there was a time when many people were taking about this crypto, and i remember i was almost going to invest in onecoin when my friend told me about that, then i bought BCN and after few months i heard this scheme did a major fraud and looted to much money from people.

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  • 4 weeks later...

I'm usually weary of such coins until they've proven themselves. There are just too many shill/scam coins out there who promise the world but don't end up delivering even a small percentage of what they specified. I'd def watch it and do some more research before investing in it.

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  • 2 weeks later...

I have heard about onecoin, it is an expensive and trusted currency, people in India use this currency as an alternative to Bitcoin, but Bitcoin cannot be compared to any other currency, because Bitcoin is the king of all currencies, Bitcoin is the most valuable of all currencies, so I have no currency.  Who can't think of Bitcoin as an alternative

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  • 3 months later...

 

On 3/11/2020 at 10:28 AM, anshulgelani said:

But Onecoin was the total fraud scheme to loot people around the globe. It is not an actual cryptocurrency, it was just a fake coin to loot people around the globe. Onecoin was the scam of around $5 billion.

Lot of ponzis and scams in crypto sphere. Be careful.

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  • 1 month later...

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