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Has racksterli crashed? (Is racksterli still paying?)
What is the current status of racksterli? Has racksterli crashed?
In the last few weeks, racksterli has been facing some serious issues.
THE CEO of racksterli “Michael Oti Chidiebere” popularly known as “Blackgold” assured members that they were working hard to resolve the issue and that everything will return back to normal.
At first, racksterli changed its domain name to https://ocmgold.com before finally moving to https://goldomc.com.
This seemed to solved whatever technical issues they were having, and they returned back to normal (or so it seemed).
In this post I named “Has racksterli crashed?”, I am going to be writing about all you need to know about the current status of racksterli and the way forward.
Let’s get into it then…
Has racksterli crashed?
According to the CEO “Blackgold” in a live video on instagram, racksterli is not crashing, but they are only taking two steps backwards to go four steps forward (those were his exact words).
In the video, he revealed that new registration has been halted and for now they are not paying investors their earnings.
He also stated that investors will be refunded their investment.
What exactly is going on with racksterli?
According to the CEO, the rate at which users were registering on the platform reduced drastically, as a result of the issues they earlier had.
Also, a lot of users were taking their money out without resubscribing. This automatically meant that the inflow of money was lower than the outflow.
As a result of this, racksterli will not be able to pay members as usual, hence they have refund investors and clear all their back log of payments first.
Will racksterli be back?
There is no guarantee that racksterli will be back, and even if it comes back, it won’t be like it was before.
This is because, investors are now losing trust on the platform and also new users are no longer registering.
As a result of this, the inflow will always be less than the outflow, thereby making racksterli unable to fulfil withdrawal requests.
What is the way forward on racksterli?
Racksterli was always going to crash at some point, any person who has been involved in schemes like this before, knows it was never going to last.
Compared to other income programs, racksterli actually did pretty well, but it inevitably was always going to crash.
Even if they do come back as promised, it will never be the same.
As an investor, it’s time to cut your losses and move on. If they actually refund your investment, then it’s even better, as you won’t lose any money.
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