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

[djslick]

Keep the 8's, I don't think bholzer can claim the logo, as this is open source software and i doubt its trademarked or anything like that. Also I very much doubt anyone would as they open themselves up to scam/fraud issues

If it is possible to get rid of the original dev wallet I would chuck in 50000 octo into a new dev fund, but it would have to be escrow as it gives the dev something to work towards, not just selling them and running off. and if they are paid in octo it gives them incentive to increase the value of the coin. otherwise they may do things like basic dev work like the wallet, but not do anything to increase the value

agree %100. and i wouldn't waste one breath on bholzer, he can go fuck himself. this coin is abandoned, and i'm all for getting a fund going to see it put into the hands of someone who has incentive to improve it. Mark, Mr. Coinsolidation sir, i will match the 50,000 octocoins to be donated if you're interested in getting this coin back on track. If I had any BTC I'd donate that too, however the last of my crypto is all octo.

and to "djsmalldick". dude, you're hilarious. you made my day. you tried ripping on me because "if i put as much energy into helping rather than complaining....", dude, you made a joke account to try and troll me. that's a level of energy expenditure that is way beyond me. and believe it or not, i've been helping. if anyone listened to me in the months before this coin was frozen they'd have had a chance to actually recover some of their investment, wish i listened to my own words, but i was %100 right in pointing out all the bullshit discrepancies with the "Devs".

7 months of lies, deceit, imaginary devs, and more lies.,... or the person who tried desperately to expose those lies. who destroyed this coin?

i'm all for losing the attacks, but that will come when people stop attacking me for trying to push truth to the surface in the face of more lies, deceit, and imaginary devs (referencing the dickbag who decided to "take over" this coin without talking to anyone, and who claims Edric is working on it which he is clearly not, and bitches about anyone asking for some transparency). Coinsolidation is the first person to say something real about this coin, so right now my faith is in him. see how he: A) asked us first if he should work on this, and B) has posted something to back up his claims. it really doesn't take a lot to come off as legitimate. the central plotline of this coin is losing perspective and trusting people who aren't trustworthy.

[coinsolidation]

Update

I have spoken further with Ritchie, his strong preference goes to having a new wallet based on a proven codebase.  Even if the specific issue is patched, OctoCoin as it stands is based on a nearly year old unmaintained pre-aux doge client called Inutoshi. Many bugs have been found, and improvements made to major code bases since then, it can be considered legacy.

This could be saved. But it will take a lot of input and thinking outside the box. The state of Octo is zero.

So the questions are as follows:

Where do you take Octo from here as far as function and branding? Without 8 apps, does the name Octo still hold value? I know some have said that 888 is lucky, China, etc. and that's a great point. But what will the coin bring to make it stand out? How can you relate that to 888? Also, what if we jack the blockchain and they come after us for their logo, etc.? I mean that's a possibility.

What do you do about a fork? I do believe we have enough asics to jack the blockchain.

What do you do about the wallet addresses with the devs premine?

I would encourage you to discuss these points further.  From an outsiders perspective you have two redeeming features: 1) Community 2) Brand (888)

Forget about coin/qt features, and concentrate on uses. Every coin needs a purpose, a reason to validate it's existence, find this, then create or modify apps and software which will allow it to be used for that purpose.  If you concede that it does not have a (non profit making) purpose, then consider moving on.

If a new OctoCoin were created, it may be feasible to organize a pre-mine and burn, where people could opt-in to the new OctoCoin by burning their balance at bittrex.  After the burn period was over, an equivalently sized pre-mine could be distributed to those who opted in; thereby replacing old coin with new, and invalidating any previous dev's holdings.

Please discuss how to take this forward, as opposed to ways to move the overriding problem to somebody else by getting the coin enabled at bittrex and dumping, that doesn't help anybody and is quite unfair.  Apportioning blame is also human nature, but we know it's not conducive to building a positive future.

Merging communities and abandoning the currency is also a possibility.  There are other active coins and some good developers around such as defaced, btcdrak, jl777, crypto_zoidberg, bitcoin devs, dogecoin devs, to name just a few.  Additionally there are projects such as Kora which may soon be merging in communities to create a large starfish community where all folded in projects receive a fair portion of a group-wide currency.  Crypto is fractured, anybody concerned with longevity or who sees crypto as having a strong future, may be best placed to consolidate their communities around or in to high(er) quality projects with proven activity.

Honestly, try to determine if this is a community of ill fortuned bag holders, or if you have active productive members who can create or sponsor software, business, apps, and respective marketing - without those things no amount of branding, good will, or coin development will help the bigger situation.

I sincerely hope this conveys as positive, and will watch and contribute thoughts or code where warranted.

Many Regards,

Mark

Clarification: if I help with code, donations after any release would always be welcomed, but don't worry about raising a bounty or escrow, I offered help to a community and a friend, I did not take on a freelance project or bounty assignment.

[djslick]

i've always said that we should push ahead with the gambling aspect. this was the core focus of octocoin to begin with, and we all got onboard. then months later, people started worrying about 888.com somehow sueing us over infringement (what? i know right?). in short, i've heard no good ideas on how to proceed, anything that seems like a good idea gets shot down, and we have nobody that has the technical know-how to actually get it done, even if we had direction. we're a group of passive voyeurs, just watching, waiting for someone who knows what they're doing to take ahold. hence the positive over-reaction whenever someone says they're going to do something with this coin, only to turn out to be lies and bullshit anyways.

the most fun i've had with this coin was in IRC, someone made a text-based poker game, octopoker or something. i think it was this coin, it might have been cloak. anyways, it was actually fun! and a REASON for this coin to exist! im my opinion we have no other direction but this, we should play to our strengths and get an online poker system working with this coin.

honestly, what do we have to lose?

1) find a dev who can build a poker app
2) get it back on bittrex

sounds like about as realistic gameplan as i can come up with. and i don't even think we could get this done. only edric has done anything with this coin, and he's AWOL.

so say "i sign off on this" and let's get it moving.

[langvad]

i've always said that we should push ahead with the gambling aspect. this was the core focus of octocoin to begin with, and we all got onboard. then months later, people started worrying about 888.com somehow sueing us over infringement (what? i know right?). in short, i've heard no good ideas on how to proceed, anything that seems like a good idea gets shot down, and we have nobody that has the technical know-how to actually get it done, even if we had direction. we're a group of passive voyeurs, just watching, waiting for someone who knows what they're doing to take ahold. hence the positive over-reaction whenever someone says they're going to do something with this coin, only to turn out to be lies and bullshit anyways.

the most fun i've had with this coin was in IRC, someone made a text-based poker game, octopoker or something. i think it was this coin, it might have been cloak. anyways, it was actually fun! and a REASON for this coin to exist! im my opinion we have no other direction but this, we should play to our strengths and get an online poker system working with this coin.

honestly, what do we have to lose?

1) find a dev who can build a poker app
2) get it back on bittrex

sounds like about as realistic gameplan as i can come up with. and i don't even think we could get this done. only edric has done anything with this coin, and he's AWOL.

so say "i sign off on this" and let's get it moving.

I can agree with that! I just dont hope that changes will mean that all the octo we have will become useless :/

[djslick]

i like the idea of "burning" the current octo to make a new currency, however how well that will go over with outside investors is up in the air. my only question is, if the purpose for burning current octo into something new is to prevent the old devs from cashing in.. but what would prevent them from burning their octo into the new currency just like everyone else? mark?

[coinsolidation]

i like the idea of "burning" the current octo to make a new currency, however how well that will go over with outside investors is up in the air. my only question is, if the purpose for burning current octo into something new is to prevent the old devs from cashing in.. but what would prevent them from burning their octo into the new currency just like everyone else? mark?

Technically nothing, socially it depends how the burn is operated, and whether those coins/inputs can be identified.  If dev has them all in a known address on the chain, or in a known account by bittrex, they could be excluded.

This is more of a philosophical question, the same question was asked of DPR seized coins on the Bitcoin chain.  General consensus was that chain technologies were designed to be democratic and free, an alternative client could have been made that rejected all the associated inputs, and the majority could have switched to it, but that never happened.

It would also be sending out a strong message of centralization and control, "we can exclude anybody we choose, and invalidate your holdings", that's no different from the balance skimming and seizing banks we're trying to move away from.

[syncsam]

You would only want to exclude the pre mine, any coins that they have been mined or bought by bholzer should be included in the swap, but the pre mine is scammed coins

[hashbrown9000]

[Rumhurius]

yaay

[syncsam]

... text removed...

1) find a dev who can build a poker app
2) get it back on bittrex

sounds like about as realistic gameplan as i can come up with. and i don't even think we could get this done. only edric has done anything with this coin, and he's AWOL.

so say "i sign off on this" and let's get it moving.

texas hold'em on the blockchain sounds like a good idea, now we just need to find someone who can code it, should be big in the US, if i remember correctly pokerstars and all that have banned US customers (due to legal issues, but if done on the blockchain they can't really stop it) so big open market if done properly

[Rumhurius]

... text removed...

1) find a dev who can build a poker app
2) get it back on bittrex

sounds like about as realistic gameplan as i can come up with. and i don't even think we could get this done. only edric has done anything with this coin, and he's AWOL.

so say "i sign off on this" and let's get it moving.

texas hold'em on the blockchain sounds like a good idea, now we just need to find someone who can code it, should be big in the US, if i remember correctly pokerstars and all that have banned US customers (due to legal issues, but if done on the blockchain they can't really stop it) so big open market if done properly

THIS

[mafort1469]

OK, looks like nothing is happening/will happen. I am very disappointed in Octo. Goodbye.

[hashbrown9000]

[madmartyk]

What amazes me is the hashrate still on this coin!

[Rumhurius]

NO FUKS GIVEN AWARD 2014 from here...

#wooot woot

[richiela]

All,

We've been pretty patient about looking for a solution here, unfortunately, it seems the coin is dead.  At this point, the best course of action is to open the wallet for withdrawal, and we'll figure out what to do if we we run into more withdrawal problems.  Sorry a solution couldn't be found.

Thanks,
richie@bittrex

[HYPster]

All,

We've been pretty patient about looking for a solution here, unfortunately, it seems the coin is dead.  At this point, the best course of action is to open the wallet for withdrawal, and we'll figure out what to do if we we run into more withdrawal problems.  Sorry a solution couldn't be found.

Thanks,
richie@bittrex

Why even bother??? So many promises and still nothing. Truly a scam coin from the beginning. I feel for all of you that poured your heart, soul, and savings into this shit coin. I can only hope that someday the fucks that did this to you the octo community have the karma that they deserve. I will be praying that vengeance comes swiftly and harshly to those that promised so many things to this awesome community and then abandoned it without a second thought.

Fuck you OCTO devs!!!! Suck it you faggot ass mother fuckers.

 

[syncsam]

there was only ever one octo dev (bholzer), the evidence is out there

[hdmediaservices]

All,

We've been pretty patient about looking for a solution here, unfortunately, it seems the coin is dead.  At this point, the best course of action is to open the wallet for withdrawal, and we'll figure out what to do if we we run into more withdrawal problems.  Sorry a solution couldn't be found.

Thanks,
richie@bittrex

Why even bother??? So many promises and still nothing. Truly a scam coin from the beginning. I feel for all of you that poured your heart, soul, and savings into this shit coin. I can only hope that someday the fucks that did this to you the octo community have the karma that they deserve. I will be praying that vengeance comes swiftly and harshly to those that promised so many things to this awesome community and then abandoned it without a second thought.

Fuck you OCTO devs!!!! Suck it you faggot ass mother fuckers.

 

Wow - people on here do have real lives right?  I mean you didn't put your life savings into a coin called Octo did you?

[crunner]

All,

We've been pretty patient about looking for a solution here, unfortunately, it seems the coin is dead.  At this point, the best course of action is to open the wallet for withdrawal, and we'll figure out what to do if we we run into more withdrawal problems.  Sorry a solution couldn't be found.

Thanks,
richie@bittrex

Why even bother??? So many promises and still nothing. Truly a scam coin from the beginning. I feel for all of you that poured your heart, soul, and savings into this shit coin. I can only hope that someday the fucks that did this to you the octo community have the karma that they deserve. I will be praying that vengeance comes swiftly and harshly to those that promised so many things to this awesome community and then abandoned it without a second thought.

Fuck you OCTO devs!!!! Suck it you faggot ass mother fuckers.

 

I think you're right, Richie. Might as well do what you can to get the coins off your books, so to speak, and into the hands of the investors.

I agree there's little hope for them, but for form's sake if nothing else I'd like mine back in my wallet, not on an exchange.