WHAT IS A ONECOIN ??ANY QUESTIONS
OneCoin is a new type of cryptocurrency. This currency is born out of the success of it’s peers, Bitcoin and Litecoin. Due to superior technology, innovative approach and usability, OneCoin has the ability to become the next successful cryptocurrency on the market. Like all cryptocurrency to come into existence OneCoin has to be MINED. Mining means the creation of new coins by the users. There are only 2.1 billion OneCoins that can be found. Once all of them are found, no new coins can be created.
ALL OneCoins will be mined by its user – OneCoin is not a premined currency! Coins are mined, by user joining a mining pool, where with joint resources a complex algorithm/puzzle is being solved. Once a solution is found, the mining pool is awarded a reward – in OneCoins. The more OneCoins are mined and the more user join the mining, the more difficult, time and resource consuming mining becomes. OneCoin uses a block chain model to verify the amount of coins that have been mined and issued into the market space.
A block is a sophisticated algorithm of hashed numbered that represent each mined coin.OneCoin is a new type of cryptocurrency. This currency is born out of the success of it’s peers, Bitcoin and Litecoin. Due to superior technology, innovative approach and usability, OneCoin has the ability to become the next successful cryptocurrency on the market. Like all cryptocurrency to come into existence OneCoin has to be MINED. Mining means the creation of new coins by the users. There are only 2.1 bn OneCoins that can be found. Once all of them are found, no new coins can be created.
OneCoin uses a block chain model to verify the amount of coins that have been mined and issued into the market space. A block is a sophisticated algorithm of hashed numbered that represent each mined coin.OneCoin is a new type of cryptocurrency. This currency is born out of the success of it’s peers, Bitcoin and Litecoin. Due to superior technology, innovative approach and usability, OneCoin has the ability to become the next successful cryptocurrency on the market.
Like all cryptocurrency to come into existence OneCoin has to be MINED. Mining means the creation of new coins by the users. There are only 2.1 bn OneCoins that can be found. Once all of them are found, no new coins can be created. ALL OneCoins will be mined by its user – OneCoin is not a premined currency! Coins are mined, by user joining a mining pool, where with joint resources a complex algorithm/puzzle is being solved. Once a solution is found, the mining pool is awarded a reward – in OneCoins. The more OneCoins are mined and the more user join the mining, the more difficult, time and resource consuming mining becomes. OneCoin uses a block chain model to verify the amount of coins that have been mined and issued into the market space. A block is a sophisticated algorithm of hashed numbered that represent each mined coin.OneCoin is a new type of cryptocurrency. This currency is born out of the success of it’s peers, Bitcoin and Litecoin. Due to superior technology, innovative approach and usability, OneCoin has the ability to become the next successful cryptocurrency on the market. Like all crypto-currency to come into existence OneCoin has to be MINED. Mining means the creation of new coins by the users. There are only 2.1 billion OneCoins that can be found. Once all of them are found, no new coins can be created.
ALL OneCoins will be mined by its user – OneCoin is not a premined currency! Coins are mined, by user joining a mining pool, where with joint resources a complex algorithm/puzzle is being solved. Once a solution is found, the mining pool is awarded a reward – in OneCoins.
FOR MORE INFO... https://www.onelife.eu/signup/red1221
scam http://behindmlm.com/companies/onecoin/onecoin-investors-arrested-in-bangladesh/
From what I understand OneCoin is a scam. What is your reply to articles like this?
One Coin, Much Scam: OneCoin Exposed as Global MLM Ponzi Scheme
http://cointelegraph.com/news/one-coin-much-scam-onecoin-exposed-as-global-mlm-ponzi-scheme
that what they say ,but im still buying and selling them everyday.... and the proof to show my transactions if its a scam thanks for this one ...
it may work to get money now but suddenly it will stop working, if you keep a lot of money in there know that you are taking a huge risk
How exactly are you buying them and selling them everyday? The only exchange you can allegedly trade on is xcoinx.com, a site that doesn't do anything. They even have a table that shows Onecoin as the second highest market cap....I wonder how Ethereum feel about that? I can only assume you buy and sell within the confines of the Onecoin system without the influence of the open market. Do you sell between Onecoiners? Please enlighten me
Even if you really are buying and selling them everyday, that doesn't prove it's not a scam. Many Ponzi schemes, while they were ongoing scams, allowed people to deposit and withdraw.