It is Money of the people not connected to banks or government helping the unbanked people to have a place where they store and transfer money what they normally don’t have. its finite no inflation more cheaper to transfer and much faster . Extra features of Onecoin : the blockchain is faster under a minute where bitcoin is about 10minutes it is safer and the amount of users is already 3 million to become the global reserve Cryptocurrencies which you need a lot of people the goal is 10million when it goes public in 2018 21,000,000 million Bitcoin to be mined 120 billion so its usability will be much better than Bitcoin.
The every coin has its own extra feature but all of them are based on the blockchain technology. Bit coin is base of every cryptocurrency then bytecone work on the cryptonote technology.
Heh !! Fuck of with your Onecoin. That's a SCAM a real Ponzi scheme! (I will report to the moderator).
@TonyMark, I see your from India. Then surely you should be aware of "18 arrested in India for holding OneCoin “Ponzi scheme seminar”": http://behindmlm.com/companies/onec...dia-for-holding-onecoin-ponzi-scheme-seminar/
All #btc are ponzi. Invented value. There are 500 #btc lookalikes, each one a scam in its own right . All scams come to an end eventually, though you might be dead and buried before this one ends.
Saw a tv show showing ridiculous mining installations with 100's of motherboards burning power for nothing. All #btc fanatics seem to have the same maniacal look in their eye .
1. Whatever he said could be also applied to bitcoin. 2. I thought competition was good for capitalism and for the people without banking...
That is true, but so are several stocks. Basically any company without some kind of plan to profitability or any source of revenue can be looked at as Ponzi. Yet they are still listed on the exchanges... Also just because something is a scam, that doesn't mean it isn't tradable....
Pekelo, are you trading cryptos now? Some people just don't want to understand or learn and that's ok, the world still goes on and they can stay ignorant and keep saying scam, worthless, fanatics, etc.