[ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink

[thenotfatguy]

@gd100
Haha you sound exactly like my dad, if he doesn't understand it then its a bad idea.  I think their idea is quite sound, the execution is where they will have to think about it properly.  Good thing about what they have said about it is they don't have to jump in both feet, they could initially start by courses after work and on weekend.  By the sounds of it that's what they will do unless they can raise all the capital they have asked for

@synscam

Well, at least your dad isn't convinced that bitcoin is a scam where one person is profiting off a bunch of suckers, has zero uses, can only be purchased not sold, mining it is actually malware, and wallets are easily hacked because they are hosted. Research and Understanding should go hand in hand. But when your sources aren't anywhere close to reliable, and your research was watching 5 minutes of a youtube video where some kid was ranting about losing his coins, you end up dismissing any views other than your own...

"If mining was so profitable, everyone would be doing it"
-TheNotFatGuy's Dad and his immense knowledge of cryptocurrencies  

@gd100

Like all initial start ups, especially one based around a speculative currency the risk is moderately high.
FrameLaLife and JoshyCoin are taking a risk in opening a business, but then again investing in bitcoin 3-4 years ago was also considered a risk too.
On the other hand, I have spoken to Frame ^{(a little)} and have high hopes for his and Joshy`s business becoming a local hit in such an unsaturated market  

[1714845981]

1714845981

[syncsam]

Edited to keep post short

can't even tell my dad about bit coin, he would lose his mind lol

Great updates by the way, when I'm telling people about octocoin, I send them to your newsletter for whats happening.  and the word insider that you picked up, I had completely missed

[frameLAlife]

thanks for the feedback and support guys.

[djslick]

my dad is pretty hip to bitcoin, for a 73 year old. He's at least savvy to the fact that it's paying my rent, although he'd still rather me have a "real job" whatever the fuck that is, probably involves burgers and being miserable.

[frameLAlife]

my dad is pretty hip to bitcoin, for a 73 year old. He's at least savvy to the fact that it's paying my rent, although he'd still rather me have a "real job" whatever the fuck that is, probably involves burgers and being miserable.

hahaha lets stay away from that combo

[madmartyk]

What is going on with 888 on Bittrex!!  Down below 400!!  and still dropping.  What caused this?

[SquidsIn]

What is going on with 888 on Bittrex!!  Down below 400!!  and still dropping.  What caused this?

Impatience is my guess.

[thenotfatguy]

To fill those who do not know about this as of yet, MintPal is in the process of being taken over by Moolah.

http://blog.moolah.io/2014/07/28/were-taking-over-mintpal-heres-what-you-need-to-know/

https://support.mintpal.com/index.php?module=announce&sec=view&id=19

[thenotfatguy]

What is going on with 888 on Bittrex!!  Down below 400!!  and still dropping.  What caused this?

Impatience is my guess.

Looks like it, i wish i had picked up the 45,000 Octo that was dumped.

[frameLAlife]

wow huge dump! wtf is going on today?

btw it's not me 

[swainzag]

I had a small buy order that was filled but I wish I would have had more!  888 under 400 satoshis a coin is just wrong!  When the OctoHub starts churning out projects that price is going to spike!  

[frameLAlife]

I had a small buy order that was filled but I wish I would have had more!  888 under 400 satoshis a coin is just wrong!  When the OctoHub starts churning out projects that price is going to spike!  

I agree.... someone has lost faith and dumped but damn..... they are that close to the first app launching August 1st... why dump this close to the first 2-3 apps launching?

oh well i'm gonna buy some now... i can't not buy it at these prices.

[madmartyk]

I had no issues dropping what I would mine at 700-800+, but at this price I'm just mining and holding!!

[syncsam]

What is going on with 888 on Bittrex!!  Down below 400!!  and still dropping.  What caused this?

Impatience is my guess.

Looks like it, i wish i had picked up the 45,000 Octo that was dumped.

Yeah Devs put out the news that they will start releasing apps in the next week, quickly SELL SELL SELL!!! well I managed to pick up 40000 at 600, not quite the low but lowest I've paid so am happy

[frameLAlife]

What is going on with 888 on Bittrex!!  Down below 400!!  and still dropping.  What caused this?

Impatience is my guess.

Looks like it, i wish i had picked up the 45,000 Octo that was dumped.

Yeah Devs put out the news that they will start releasing apps in the next week, quickly SELL SELL SELL!!! well I managed to pick up 40000 at 600, not quite the low but lowest I've paid so am happy

I just picked up about 4000 for pretty cheap.

[thenotfatguy]

I had a small buy order that was filled but I wish I would have had more!  888 under 400 satoshis a coin is just wrong!  When the OctoHub starts churning out projects that price is going to spike!  

I agree.... someone has lost faith and dumped but damn..... they are that close to the first app launching August 1st... why dump this close to the first 2-3 apps launching?

oh well i'm gonna buy some now... i can't not buy it at these prices.

I could see this being someone like GD who missed the message from the devs     

Joking aside, this could not be a worse time to dump. I mean, the price spiked to over 2000 satoshis when a website with 8 rotating pictures was announced, if that doesn't spell potential I don't know what does.

[frameLAlife]

I had a small buy order that was filled but I wish I would have had more!  888 under 400 satoshis a coin is just wrong!  When the OctoHub starts churning out projects that price is going to spike!  

I agree.... someone has lost faith and dumped but damn..... they are that close to the first app launching August 1st... why dump this close to the first 2-3 apps launching?

oh well i'm gonna buy some now... i can't not buy it at these prices.

I could see this being someone like GD who missed the message from the devs     

Joking aside, this could not be a worse time to dump. I mean, the price spiked to over 2000 satoshis when a website with 8 rotating pictures was announced, if that doesn't spell potential I don't know what does.

floaty rotation is potential it is!

you are 100% correct sir. too bad i don't get paid until Wednesday or I'd scoop up about $100 worth while the prices are low.

[neleonele]

I had a small buy order that was filled but I wish I would have had more!  888 under 400 satoshis a coin is just wrong!  When the OctoHub starts churning out projects that price is going to spike!  

I agree.... someone has lost faith and dumped but damn..... they are that close to the first app launching August 1st... why dump this close to the first 2-3 apps launching?

oh well i'm gonna buy some now... i can't not buy it at these prices.

I could see this being someone like GD who missed the message from the devs     

Joking aside, this could not be a worse time to dump. I mean, the price spiked to over 2000 satoshis when a website with 8 rotating pictures was announced, if that doesn't spell potential I don't know what does.

bad luck for guy who dumped today......
he didnt read devs update
sorry dude,but you will never rebuy at that price.....

[GWCalvert]

The buy support has been really weak for a while now. It didn't take too much of a dump to drive the prices down. Even when I was buying at ~600 satoshi, a couple of days ago, I noticed that it wouldn't take much to drive the price under 400... I did not think it would happen, but it did. There has been multi-pool action back on the coin recently. If one hit it hard last night, without checking the buy support; they made a bad mistake...

It only took ten (10) trades (18k Octo sold) to go from 600 down to 382 satoshi and most of those were dumped at 600 (13,919 Octo).

At least I've gotten to pick up a few thousand hundred (it would be thousands if my buy orders would fill  ) under 400 for the first time in quite a while. Get 'em while you can!  

[gd100]

I had a small buy order that was filled but I wish I would have had more!  888 under 400 satoshis a coin is just wrong!  When the OctoHub starts churning out projects that price is going to spike!  

I agree.... someone has lost faith and dumped but damn..... they are that close to the first app launching August 1st... why dump this close to the first 2-3 apps launching?

oh well i'm gonna buy some now... i can't not buy it at these prices.

I could see this being someone like GD who missed the message from the devs     

Joking aside, this could not be a worse time to dump. I mean, the price spiked to over 2000 satoshis when a website with 8 rotating pictures was announced, if that doesn't spell potential I don't know what does.

No way. My coins are invested long term. They are not for sale. I still believe in  devs, though slow like a turtle! August 1st is a few days.
Volume is low. I have many more octo. Price falls because there is no support. Not willing to buy octo. People buy darkcoin and sell btc for fiat.