While Bitcoin Price Passes $950, OneCoin Leads Top Five Scam Coins

While Bitcoin Price Passes $950, OneCoin Leads Top Five Scam Coins

A lot of individuals have fallen victim to cryptocurrency scams by investing in what they thought were real and genuine cryptocurrencies. Despite several campaigns by enthusiasts of already proven cryptocurrencies, altcoin vendors and investors have insisted on the genuineness of their preferred coins. Popularity and followership are definitely not among the properties that qualify a given entity as a real cryptocurrency. As a matter of fact, these characteristics reveal the extent to which these altcoins can be negatively rated at their levels of scam. Angelina Lazar, a rogue economist,....


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Roger Ver Thinks OneCoin is a Scam

OneCoin has developed a sketchy reputation, and now bitcoin evangelist Roger Ver is adding to the mix. In a recent interview, the owner of Bitcoin.com says he believes OneCoin is a fraud, and that investors should always be wary of new coins and read up before they put their money in things they don’t understand: “There is never a cryptocurrency without a wallet. This sounds like more evidence of its fraudulent nature. OneCoin isn’t traded on a single exchange anywhere in the world as far as I know.” OneCoin has been around for over two years, but questions....

Podcast: A Fireside Chat

Buzzzzz — You’ll feel like a fly on the wall listening to this FIRE AF episode. Eavesdropping on the guys while they shoot the shit with no specific target in sight. The boys cover a wave of topics that merge one into another. It’s a nice change of pace and a pleasure hearing the guys talk-it-up amongst themselves. As per-usu, Corey does his best to keep the wondering minds that are Dee & Cello on topic, but not before touching on the strange and taboo videos on the net, bad investments and favorite words like nomenclature. This episode give us the kind of knowledge....

Bitcoin.com Owner Roger Ver Re-Echos OneCoin’s Scam

In an interview with Cointelegraph, Roger Ver, Bitcoin.com owner, confirmed his conviction that the whole business idea was enveloped in fraud. OneCoin’s Blockchain. However, Roger Ver lacks an opinion on whether OneCoin’s Recently launched “Blockchain” at a mammoth event in Bangkok is genuine or fake. Many have called it a deception and a little Shutterstock video that cost just €19. Ver says: “I don’t know enough about that to have an opinion. A lot of controversies have surrounded the company’s new Blockchain.” There has....

OneCoin Isn’t Blockchain Based and Uses SQL for Coins, Says Skeptic

Bjorn Bjercke, a cryptocurrency enthusiast and blockchain developer, recently revealed that when OneCoin approached him in an effort to recruit him as Chief Technology Officer (with a supposed pay of $2.5M per year), OneCoin had no blockchain at all. The murky altcoin which has mostly become known as a serious scam has no public-facing blockchain nor software wallets that users can access offline. Its current iteration is much more like a Federal Reserve style system where all trust must be placed in the issuer. And according to Bjercke, who could not talk to us for this article due to....

Is Onecoin Legitimate? The Most Asked Question on the Internet

Onecoin has been considered a scam by many in the digital currency community. Many governments have issued warnings to its citizens asking them not to invest in Onecoin. Onecoin, the so-called cryptocurrency has been around for almost two years now. The digital currency has received mixed responses from the digital currency community, depending on whom you ask about the infamous Onecoin. While those who are invested in the digital currency tend to speak highly of it, others would either call it a scam or would have never heard about it. What Is the Problem with Onecoin? The concept of....