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frameLAlife
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September 11, 2014, 09:24:40 PM |
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The 888 devs have missed our last two calls with FusionHash... which was slightly concerning... but I just got word that they will be acquiring FusionHash and all of their assets this month for an undisclosed sum. Not sure what that will mean for the in-development Murraycoin Scrypt multipool (not that most of you are concerned about that) but I'm assuming that's good news for their proposed hash rental services as well as the Scrypt-N/X11/X13 GPU OctoCoin pool. Also, the OctoCoin crew appears to be operating under the business name "Alliance of Angels" based on the acquisition paperwork - I'm planning to dig into that a bit more to see if it answers any lingering questions as this is the first time I've seen that business name. Interesting times...
http://www.allianceofangels.com/... we believe in our entrepreneurs. interesting. Halo top 10 active angel group? hmmm http://www.crunchbase.com/organization/alliance-of-angelshttp://www.angelresourceinstitute.org/halo-report/ |
www.ptcrypto.com YOUR Bitcoin consultants! BTC 13TQitBTzADXpYsDMRjDqFuGaw8m1JZ2YE
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peterw
Newbie
 Offline
Activity: 29
Merit: 0
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September 11, 2014, 10:03:34 PM
Last edit: September 11, 2014, 10:39:38 PM by peterw |
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Does anyone know if this account was set up by the devs? https://twitter.com/OctoEuroEdit: Just noticed it says that it's a Fan Community. Gah. Not progress. |
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SquidsIn
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September 11, 2014, 10:04:55 PM |
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The 888 devs have missed our last two calls with FusionHash... which was slightly concerning... but I just got word that they will be acquiring FusionHash and all of their assets this month for an undisclosed sum. Not sure what that will mean for the in-development Murraycoin Scrypt multipool (not that most of you are concerned about that) but I'm assuming that's good news for their proposed hash rental services as well as the Scrypt-N/X11/X13 GPU OctoCoin pool. Also, the OctoCoin crew appears to be operating under the business name "Alliance of Angels" based on the acquisition paperwork - I'm planning to dig into that a bit more to see if it answers any lingering questions as this is the first time I've seen that business name. Interesting times...
Edit: as anybody who has Googled "Alliance of Angels" has surely realized by now, this is an Angel group in Seattle (which I am aware of and simply didn't make the connection when I glanced at the paperwork today). It's possible this group, whom I believe are invested in OctoCoin, are the ones acquiring FusionHash (and not the OctoCoin team themselves). I have a lot going on and I guess I was under the impression "OctoCoin" was acquiring FusionHash and not just OctoCoin investors. Not that any of this is insanely important at this stage... but I don't want to be spreading incorrect information.
Thought I'd heard that name before, courtesy of bitcointa.lk (which keeps deleted posts)... SquidsIn said: ↑ Devs... It might be an idea to change the title of this thread again... It could be interpreted as "Don't Blink, may hard fork" for anybody who doesn't know the history and that the hard fork has passed without incident. This may cause some confusion / uncertainty as to the future of Octo. I've been staring at that subject since the day they modified it thinking the same thing  Based on what I know now, something tells me if it's still there it's by design. I swim in some of the same circles as these guys (Alliance of Angels) and was also the one that connected them with FusionHash. I have personally met two of the guys and I've heard rumors regarding who a third team member is. If true, I assure you this guy wouldn't let a detail like that slip by undetected. bholzer, Jun 21, 2014 #2423 |
Since getting into Cryptocurrency I've had many bags, all but two have varied over time. Those are the two I see in the mirror where my eyes once shone.
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bholzer
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September 11, 2014, 10:15:46 PM |
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The 888 devs have missed our last two calls with FusionHash... which was slightly concerning... but I just got word that they will be acquiring FusionHash and all of their assets this month for an undisclosed sum. Not sure what that will mean for the in-development Murraycoin Scrypt multipool (not that most of you are concerned about that) but I'm assuming that's good news for their proposed hash rental services as well as the Scrypt-N/X11/X13 GPU OctoCoin pool. Also, the OctoCoin crew appears to be operating under the business name "Alliance of Angels" based on the acquisition paperwork - I'm planning to dig into that a bit more to see if it answers any lingering questions as this is the first time I've seen that business name. Interesting times...
Edit: as anybody who has Googled "Alliance of Angels" has surely realized by now, this is an Angel group in Seattle (which I am aware of and simply didn't make the connection when I glanced at the paperwork today). It's possible this group, whom I believe are invested in OctoCoin, are the ones acquiring FusionHash (and not the OctoCoin team themselves). I have a lot going on and I guess I was under the impression "OctoCoin" was acquiring FusionHash and not just OctoCoin investors. Not that any of this is insanely important at this stage... but I don't want to be spreading incorrect information.
Thought I'd heard that name before, courtesy of bitcointa.lk (which keeps deleted posts)... SquidsIn said: ↑ Devs... It might be an idea to change the title of this thread again... It could be interpreted as "Don't Blink, may hard fork" for anybody who doesn't know the history and that the hard fork has passed without incident. This may cause some confusion / uncertainty as to the future of Octo. I've been staring at that subject since the day they modified it thinking the same thing Based on what I know now, something tells me if it's still there it's by design. I swim in some of the same circles as these guys (Alliance of Angels) and was also the one that connected them with FusionHash. I have personally met two of the guys and I've heard rumors regarding who a third team member is. If true, I assure you this guy wouldn't let a detail like that slip by undetected. bholzer, Jun 21, 2014 #2423 FYI, I was asked by one of the OctoCoin devs to delete that post (which is why I deleted it at the time shortly after making it). No explanation as to why... but of course I complied. |
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SquidsIn
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September 11, 2014, 10:46:30 PM |
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The 888 devs have missed our last two calls with FusionHash... which was slightly concerning... but I just got word that they will be acquiring FusionHash and all of their assets this month for an undisclosed sum. Not sure what that will mean for the in-development Murraycoin Scrypt multipool (not that most of you are concerned about that) but I'm assuming that's good news for their proposed hash rental services as well as the Scrypt-N/X11/X13 GPU OctoCoin pool. Also, the OctoCoin crew appears to be operating under the business name "Alliance of Angels" based on the acquisition paperwork - I'm planning to dig into that a bit more to see if it answers any lingering questions as this is the first time I've seen that business name. Interesting times...
Edit: as anybody who has Googled "Alliance of Angels" has surely realized by now, this is an Angel group in Seattle (which I am aware of and simply didn't make the connection when I glanced at the paperwork today). It's possible this group, whom I believe are invested in OctoCoin, are the ones acquiring FusionHash (and not the OctoCoin team themselves). I have a lot going on and I guess I was under the impression "OctoCoin" was acquiring FusionHash and not just OctoCoin investors. Not that any of this is insanely important at this stage... but I don't want to be spreading incorrect information.
Thought I'd heard that name before, courtesy of bitcointa.lk (which keeps deleted posts)... SquidsIn said: ↑ Devs... It might be an idea to change the title of this thread again... It could be interpreted as "Don't Blink, may hard fork" for anybody who doesn't know the history and that the hard fork has passed without incident. This may cause some confusion / uncertainty as to the future of Octo. I've been staring at that subject since the day they modified it thinking the same thing Based on what I know now, something tells me if it's still there it's by design. I swim in some of the same circles as these guys (Alliance of Angels) and was also the one that connected them with FusionHash. I have personally met two of the guys and I've heard rumors regarding who a third team member is. If true, I assure you this guy wouldn't let a detail like that slip by undetected. bholzer, Jun 21, 2014 #2423 FYI, I was asked by one of the OctoCoin devs to delete that post (which is why I deleted it at the time shortly after making it). No explanation as to why... but of course I complied. I wonder if they'll ask me to remove it? Sorry, didn't mean to imply any shenanigans on your part, just that it's becoming apparent that there's a lot more to whoever is behind this coin and a lot more more going on behind the scenes than has ever been discussed in this forum. I still find it curious that FusionHash and Octocoin have been sharing infrastructure, or at least an IP address for a long time but both parties have always maintained the illusion(?) of a less incestuous relationship. The quiet in here is fueling my paranoia / crazy conspiracy theories. I am genuinely trying to figure out whether all of this is good or bad and if a conspiracy theory were to prompt a transparent admission/denial/reaction from the devs letting us know where we all stand then that would be ideal |
Since getting into Cryptocurrency I've had many bags, all but two have varied over time. Those are the two I see in the mirror where my eyes once shone.
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SquidsIn
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September 11, 2014, 11:08:42 PM |
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Soooooo, here's a crazy conspiracy theory... A bunch of Angel investors sees some good money being made in crypto-currency, spots an opportunity to make a fast "buck" by buying a shit load of GPU's and setting up an industrial scale commercial mining farm. Back in April when this all started there were very few of these around and what there was would have been smaller scale and/or largely SHA-256 focused. There's money to be made in Scrypt where there's a massive explosion in Litecoin cloned shitcoins and ASICs won't be around for months yet (oh, the benefit of hindsight). The Angel investors set up a mining pool to gain some community trust and credibiity before they start renting out their hash power. They create a coin (or maybe more?) which they can hype and pump and create demand for hashes. They even dream up some use cases and utility for it, after all, they're going to make so much money they'll be able to invest some in projects for their coin that will make them even more. fast forward a few weeks, those pesky Chinese have gone and cracked Scrypt ASIC's, the bottom starts to fall out of the market for Scrypt mining with GPU's as the returns no longer justify the running costs, bang goes the hash rental business. We have already heard something about this which lends credibility to at least this part of the crazy conspiracy theory. The investment made by the Angel Investors is never going to yield a return and consequently there are no funds to develop their coin ideas and market them, development continues (we hope) but at a much much slower pace. Told you it was crazy Sorry guys, excuse my cynicism at this juncture but unless there's a dramatic turnaround pretty damn soon then we're flogging a dead horse here. If I turn out to be wrong on that then I'll be happy to come to Vegas, wear an Octo-Pussy t-shirt and hang my head in shame. |
Since getting into Cryptocurrency I've had many bags, all but two have varied over time. Those are the two I see in the mirror where my eyes once shone.
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SquidsIn
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September 11, 2014, 11:21:37 PM |
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Soooooo, here's a crazy conspiracy theory... A bunch of Angel investors sees some good money being made in crypto-currency, spots an opportunity to make a fast "buck" by buying a shit load of GPU's and setting up an industrial scale commercial mining farm. Back in April when this all started there were very few of these around and what there was would have been smaller scale and/or largely SHA-256 focused. There's money to be made in Scrypt where there's a massive explosion in Litecoin cloned shitcoins and ASICs won't be around for months yet (oh, the benefit of hindsight). The Angel investors set up a mining pool to gain some community trust and credibiity before they start renting out their hash power. They create a coin (or maybe more?) which they can hype and pump and create demand for hashes. They even dream up some use cases and utility for it, after all, they're going to make so much money they'll be able to invest some in projects for their coin that will make them even more. fast forward a few weeks, those pesky Chinese have gone and cracked Scrypt ASIC's, the bottom starts to fall out of the market for Scrypt mining with GPU's as the returns no longer justify the running costs, bang goes the hash rental business. We have already heard something about this which lends credibility to at least this part of the crazy conspiracy theory. The investment made by the Angel Investors is never going to yield a return and consequently there are no funds to develop their coin ideas and market them, development continues (we hope) but at a much much slower pace. Told you it was crazy Sorry guys, excuse my cynicism at this juncture but unless there's a dramatic turnaround pretty damn soon then we're flogging a dead horse here. If I turn out to be wrong on that then I'll be happy to come to Vegas, wear an Octo-Pussy t-shirt and hang my head in shame. If it's any consolation Angel Investors.... I paid out $5000 for 3 Gridseed blades which 3 months later are now selling on ebay for less than 10% of what they cost, they were down to 50% within a couple of weeks. I bought them to mine Octo, the price didn't matter because I was accumulating a large stash which was going to make me a fortune. true story. and also why I'm out of crypto as soon as I can sell the other 3 shitcoins I'm holding which, thankfully, do at least have some volume. On balance I will just about break even over the 9 months I've been involved. |
Since getting into Cryptocurrency I've had many bags, all but two have varied over time. Those are the two I see in the mirror where my eyes once shone.
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frameLAlife
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September 12, 2014, 12:09:46 AM |
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Does anyone know if this account was set up by the devs? https://twitter.com/OctoEuroEdit: Just noticed it says that it's a Fan Community. Gah. Not progress. It never hurts to have fans  |
www.ptcrypto.com YOUR Bitcoin consultants! BTC 13TQitBTzADXpYsDMRjDqFuGaw8m1JZ2YE
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frameLAlife
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September 12, 2014, 12:40:00 AM |
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Soooooo, here's a crazy conspiracy theory... A bunch of Angel investors sees some good money being made in crypto-currency, spots an opportunity to make a fast "buck" by buying a shit load of GPU's and setting up an industrial scale commercial mining farm. Back in April when this all started there were very few of these around and what there was would have been smaller scale and/or largely SHA-256 focused. There's money to be made in Scrypt where there's a massive explosion in Litecoin cloned shitcoins and ASICs won't be around for months yet (oh, the benefit of hindsight). The Angel investors set up a mining pool to gain some community trust and credibiity before they start renting out their hash power. They create a coin (or maybe more?) which they can hype and pump and create demand for hashes. They even dream up some use cases and utility for it, after all, they're going to make so much money they'll be able to invest some in projects for their coin that will make them even more. fast forward a few weeks, those pesky Chinese have gone and cracked Scrypt ASIC's, the bottom starts to fall out of the market for Scrypt mining with GPU's as the returns no longer justify the running costs, bang goes the hash rental business. We have already heard something about this which lends credibility to at least this part of the crazy conspiracy theory. The investment made by the Angel Investors is never going to yield a return and consequently there are no funds to develop their coin ideas and market them, development continues (we hope) but at a much much slower pace. Told you it was crazy Sorry guys, excuse my cynicism at this juncture but unless there's a dramatic turnaround pretty damn soon then we're flogging a dead horse here. If I turn out to be wrong on that then I'll be happy to come to Vegas, wear an Octo-Pussy t-shirt and hang my head in shame. Maybe a conspiracy but a solid thought process in it all  OctoPussy!! |
www.ptcrypto.com YOUR Bitcoin consultants! BTC 13TQitBTzADXpYsDMRjDqFuGaw8m1JZ2YE
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frameLAlife
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September 12, 2014, 01:14:56 AM |
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http://www.bizjournals.com/seattle/blog/techflash/2014/03/seattles-alliance-of-angels-an-angel-among-angels.html?page=allSeattle's Alliance of Angels an angel among angels, one of largest investors in U.S. The most active angel groups in order of activity are: 1. Golden Seeds, based in California, Massachusetts and New York. 2. Tech Coast Angels, based in Southern California 3. Houston Angel Network, based in Houston, Texas 4. Central Texas Angel Network, based in Austin, Texas 5. Sand Hill Angels, based in Sunnyvale, Calif. 6. Launchpad Venture Group, based in Boston, Mass. 7. New York Angels, based in New York City. 8. Desert Angels, based in Tucson, Ariz. 9. Investors’ Circle, a national group. 10. Alliance of Angels, based in Seattle.
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www.ptcrypto.com YOUR Bitcoin consultants! BTC 13TQitBTzADXpYsDMRjDqFuGaw8m1JZ2YE
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syncsam
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September 12, 2014, 02:59:56 AM |
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Basically I have given up trying to guess what they are doing, until something tangible comes out my gamble is a loser, but hope it changes to a winner in the not too distant future  |
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frameLAlife
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September 12, 2014, 03:07:29 AM |
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Basically I have given up trying to guess what they are doing, until something tangible comes out my gamble is a loser, but hope it changes to a winner in the not too distant future There's only a few alts and Bitcoin 2.0 platforms that I truly believe in and sometimes it's hard to keep faith even in those. When I start to doubt crypto in general because of the risk, maturity level and negatives you have to deal with, I always ask myself: How would I have been 6 months - 1 year into Bitcoin. Those early days must have been rough for most. I try to keep that perspective on many of the alts and Bitcoin 2.0 platforms. For many, this is just the beginning. Hell, for Bitcoin this is just the beginning. |
www.ptcrypto.com YOUR Bitcoin consultants! BTC 13TQitBTzADXpYsDMRjDqFuGaw8m1JZ2YE
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syncsam
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September 12, 2014, 03:40:28 AM
Last edit: September 12, 2014, 03:52:59 AM by syncsam |
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Basically I have given up trying to guess what they are doing, until something tangible comes out my gamble is a loser, but hope it changes to a winner in the not too distant future There's only a few alts and Bitcoin 2.0 platforms that I truly believe in and sometimes it's hard to keep faith even in those. When I start to doubt crypto in general because of the risk, maturity level and negatives you have to deal with, I always ask myself: How would I have been 6 months - 1 year into Bitcoin. Those early days must have been rough for most. I try to keep that perspective on many of the alts and Bitcoin 2.0 platforms. For many, this is just the beginning. Hell, for Bitcoin this is just the beginning. its not crypto in general its just this coin. I chose how much I was prepared to gamble, and I will keep them down to zero. what I mean is how much do you actually know about the team? How much do you know their plans? add to the fact that that they haven't been able to keep their own deadlines on more then one occasion. I think you would have to be nieve in the current state of affairs to keep saying it going to be a winner. I mean look at bholzers last post, missed two teleconference calls and even he who has been on the some of the conference calls with fusion hash doesn't really know who they are or what their plans are <edit> bit like god, elusive and never comes through for you (censored version) |
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frameLAlife
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September 12, 2014, 04:06:17 AM |
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Basically I have given up trying to guess what they are doing, until something tangible comes out my gamble is a loser, but hope it changes to a winner in the not too distant future There's only a few alts and Bitcoin 2.0 platforms that I truly believe in and sometimes it's hard to keep faith even in those. When I start to doubt crypto in general because of the risk, maturity level and negatives you have to deal with, I always ask myself: How would I have been 6 months - 1 year into Bitcoin. Those early days must have been rough for most. I try to keep that perspective on many of the alts and Bitcoin 2.0 platforms. For many, this is just the beginning. Hell, for Bitcoin this is just the beginning. its not crypto in general its just this coin. I chose how much I was prepared to gamble, and I will keep them down to zero. what I mean is how much do you actually know about the team? How much do you know their plans? add to the fact that that they haven't been able to keep their own deadlines on more then one occasion. I think you would have to be nieve in the current state of affairs to keep saying it going to be a winner. I mean look at bholzers last post, missed two teleconference calls and even he who has been on the some of the conference calls with fusion hash doesn't really know who they are or what their plans are <edit> bit like god, elusive and never comes through for you (censored version) you know, it's all part of the game. only invest what you can afford to lose. there is risk and many more transparent coins out there. i have stopped buying Octo because I reached the goal I set at 200,000 Octocoins. Now I'm moving on to the next coin to invest in. I'm not saying I won't buy anymore Octo, it's just that I reached my goal so it frees me up to move on. I'm sure I'll grab some random amounts here and there. I understand everything you are saying though. You never know. |
www.ptcrypto.com YOUR Bitcoin consultants! BTC 13TQitBTzADXpYsDMRjDqFuGaw8m1JZ2YE
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peterw
Newbie
Offline
Activity: 29
Merit: 0
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September 12, 2014, 04:26:07 AM |
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you know, it's all part of the game. only invest what you can afford to lose.
See, I hear that. And I've done that. But that doesn't give the devs a free pass to act without regard for us. It will affect my life if I lose what I've invested. I'll be OK, but still, aspects of my life will be affected. After all the devs have written, I'm just at a loss at how they are acting. I don't understand them. They don't seem to be trying to cheat us really, I don't think, but they do seem to not care about us at all, despite what they write. |
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shellbunner
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September 12, 2014, 04:59:24 AM |
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This whole Octocoin story keeps getting more and more interesting as time goes on. I would be lying if I said I didn't enjoy the mystery and uncertainty. We're all just gambling and maybe we'll win or maybe we won't. I have only invested (gambled) what I can afford to lose so I understand that my feelings are probably not shared by most. I've gotta say this has been quite a fun 6 months and I can't wait to see what's in store. |
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brianbbad
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September 12, 2014, 06:08:35 AM |
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It's frustrating when there are long gaps in communication and missed deadlines, but IMO it's better to just do something productive instead of sitting around going "when? why? wtf?" For example, I've done a bunch of tweeting, emailing, in-person promoting, etc. on behalf of Murraycoin during the slow periods; my technology skills are limited (just started Java Programming 102 this semester, and any websites I've ever made have been super sloppy) so I don't have a whole lot to contribute, but I see no point in being overly negative. Shit or get off the pot, but don't fart up the place. I'm not talking trash on people who express their concerns here, that's what forums are for... I just don't think people who might be new to a coin such as 888 would like seeing too much FUD or pseudo-FUD from its community. Have a great weekend, guys! |
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brianbbad
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September 12, 2014, 06:11:31 AM |
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Shit or get off the pot, but don't fart up the place. I'm sure I'm not the first person to ever say that, but regardless I'm pretty proud that I came up with it just now.  |
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syncsam
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September 12, 2014, 06:49:49 AM |
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It's frustrating when there are long gaps in communication and missed deadlines, but IMO it's better to just do something productive instead of sitting around going "when? why? wtf?" For example, I've done a bunch of tweeting, emailing, in-person promoting, etc. on behalf of Murraycoin during the slow periods; my technology skills are limited (just started Java Programming 102 this semester, and any websites I've ever made have been super sloppy) so I don't have a whole lot to contribute, but I see no point in being overly negative. Shit or get off the pot, but don't fart up the place. I'm not talking trash on people who express their concerns here, that's what forums are for... I just don't think people who might be new to a coin such as 888 would like seeing too much FUD or pseudo-FUD from its community. Have a great weekend, guys! I know you brian and the work you have put into murraycoin, unfortunately these developers are not very professional. I don't chase bholzer up about murraycoin because he has come out and kept us informed (that is professional). and if speaking the truth is spreading FUD well then I'm guilty and will continue being guilty as it's my opinions. The thing is how can the community be proactive and productive about 888 if theres nothing to be proactive/productive about because no one knows anything. |
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