"Can you trade it? (If you can't trade it, it's not worth anything)"
I can not trade my Steem Power, does that make it worthless?
Not every coin is birthed onto an exchange...
"Who are the developers? (You need to know who the creators of the product are)"
Who made bitcoin? I mean besides the Satoshi name... Who is it? We don't know the creator but it's the number juan coin...
Edit: But that Onecoin stuff looks like garbage junkcoin...
Sure you can trade your steempower.
Steempower is just steem...powered up.
Power it down and you can trade it, there is a clear difference.
I also clealy stated " i know some popular and trusted coins don't fill all these criteria but if some are filled and they got a user base it's better than nothing."
It is garbage, garbage that drags the cryptocurrency community in the dirt if adopted.
Your assessment of Onecoin appears to be spot on, I would just hate to see these rules applied to all other projects. If they were all applied not a single coin would get off the ground without being sponsored with big money.
Bitcoin would not have fit your criteria besides open sourced at creation...
I despise tossing around the word scam... A scam implies dishonesty, when most of the time people get "scammed" is because they didn't read. I feel quite confident everyone who signs up for onecoin is informed of the nature of onecoin... If you send money before you read then you don't really need money all that bad do you?
As mentioned not all criteria need to be filled.
But a cryptocurrency need to have a blockchain, if not it's just a centralized object/code that can be copied and pasted several times.
That's not a cryptocurrency which OneCoin claim it is, so they are lying to investors openly.
So people who sign up aren't informed, because they are being fed lies and that's a scam.
You can read all you want on their page but when they are lying they are the ones who needs to be blamed.
Your evidence? Do you work for onecoin and know this is true or are you making an assumption?
The people behind onecoin have tricked people before with ponzi schemes.
The evidence is all over, they cant even show to a blockexplorer, why?
Oh, and here:https://cointelegraph.com/news/one-coin-much-scam-onecoin-exposed-as-global-mlm-ponzi-scheme
https://news.bitcoin.com/beware-definitive-onecoin-ponzi/
That makes it a scheme not a scam @harabd.....
Your post gave me the ambition to write my own rant on the difference between the two...
Agree. If there is a practical way to use the coin and you use it yourself in some kind if useful technology I think it is an okay reason to trust it. I have some florin-coins because they are used in the Alexandria-project. The developers of the Alexandria project did not invent the florin they found an already existing coin that had the properties they needed.