Coinx will be closed to prepare for the IPO. The IPO ruse is pesa vs bitcoin exchange out of the OPN playbook.
OPN IPO shares were converted to actual shares in Global Digital Services. Not surprisingly, after the listing the share price plummeted. Global Digital Services is still traded on the exchange, with a share price 2. 6 cents as of December, 2016. Why am I bringing all of this up? The represented internal value is currently 7. Basically it’s just a different way for affiliates to lose money through.
Late last year the company released a merchant app, which since appears to have been quietly abandoned. Ruja Ignatova has previously stated that won’t happen until the second quarter of 2018. That plan seems to have now gone out the window. OCF virtual shares, an IPO who knows where and coins they can’t liquidate.
OPN scam, which includes the same scammers Greenwood and Ricketts. It’s pretty clear path now to the end. Ruja persuades members to exchange their coins to OFCs which can be used to acquire real shares according to Ruja. XcoinX remains closed for undisclosed amount of time. Interesting to see member reactions to this news, who are hoping to finally get some money out of their investment. No serious merchant will touch with a 5 foot stick this kind of circus.
Just now it gives a number: 9439480000. This gives with the internal 7. Compare this to Bitcoin’s 12 billion euro market-cap. What gives cryptocurrency value is usability.
But can ONLY be used to a. Props to John in this case. It’d be when they want to withdraw all of their cash accumulated during a day or whenever. I don’t think any real merchants would or could ever be interested. Worse than those Groupon horror stories. Slight correction to your merchant logic.
I can see a merchant who uses this system to make a lot of sales. If anyone knows some merchant whos going to sell Nintendo Switch using this, let me know. After listening to the video above a few times it is abundantly clear to when and how the Onecoin IPO will work. Apparently, according to the founder of the company, the only way to get involved with the Onecoin IPO which will take place the 2nd quarter of 2018 is by owning actual Onecoin and transferring the coins into OFC’s. These OFC’s will allow you future certificates that will entitle you to receive shares of the Onecoin IPO which will be listed on a major Asian stock exchange. 2017 a special promotion has been announced that you will receive DOUBLE OFC’S for your Onecoin.