After OneCoin lost all of the bank accounts it had via its shell companies, the inevitable consequence was that the lousy working exchange they had became even worse. In fact it might be that nobody is able to sell their coins anymore. Before the collapse there was at least a fraction of the sales executed with the cash flow OneCoin sucked from its continuous flow of new victims. Now OneCoin has no funds to keep the exchange going and the members are clearly getting agitated.
Earlier things were different. From all the commissions to the members 40 % went to mandatory coin purchasing which kept the exchange alive. - Well, barely but at least it was enough to give the members an illusion of a lousy working trading platform.
However it doesn't matter how obvious the things are, some of the members just don't seem to get it. They are dismayed by the situation and flocking the Facebook page of OneCoin/OneLife asking why their sale orders keep on pending and expiring.
The North Korean style censorship of OneCoin's Facebook page doesn't seem to cope with the amount of messages coming in there. Here's a glimpse of them:
|I decided to black out the names - at least some of them might just be pure victims of this ponzi.|
Update 17 November: And now all those comments have been deleted, so maybe there's still someone working at the Sofia office.
Interesting visitors in my blog statistics
After announcing the time of death of OneCoin in Monday, the traffic to my blog peaked. - Now I know that I have to calm down onecoiners reading this: No, it doesn't mean that the increased traffic shows in my wallet. As I have said before, I'm not doing this for money. So far I have earned 0 euros from writing this blog.
During the last couple of months there has been several banks among the visitors. Lately I have also spotted some authorities referring to financial/banking regulation. As banks have been more and more alerted, so has OneCoin been struggling more and more with frozen bank accounts.
Some of the visits I'd better keep to myself. I wouldn't like to spoil any surprises that might be on their way.
But is it still at least a walker?
OneCoin's run ended, but is it still going to be at least a walker? Although the ponzi seems to have given up with banks, some of the top scammers might try to figure out alternative ways to keep their business blooming.
It has been rumored that an elite group of onecoiners would be given permission to gather ponzi money to bank accounts that are either hold by them personally or maybe just kept as a secret from a larger audience to prevent the problem of freezing accounts. Either way I'm sure it wouldn't be even remotely efficient enough to keep this ponzi rolling or even limping.
Meanwhile the members of the ponzi are getting frustrated. Many of them were eagerly expecting October to sell their magically doubled possessions. Now, after delay after delay and much of anticipation, they have to face the fact that all the coins are worthless.