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

[octoman]

well as long as you're not having a dig at me.

we'll just have to agree we're not on the same wave length today.

[frameLAlife]

Sorry guys but I don’t think you’ll hear much from the devs for a while.

I was on a conference call with their management team and it seems like they were having a meeting at the chief dev’s house and his grandparents came to visit.

His mom sent them up as a surprise and, well, all they would say is that they were all ‘doing something’ and had porn on their computer.

His grandparents were pretty upset and took last year’s xmas and birthday money back – so it seems like the investors are out.

His mom has banned him from the internet until his 16th birthday – so it will be about a year and a half before his next update.

Also it was agreed upon by all the parents that the dev team are not allowed to have contact again.

The dev team all think this is ‘very unfair’ and communication between the management team and the dev’s has ceased.

hahaha now that was funny. i like what you did there

and while you may have some points, as far as the devs, news, rumors, proof, etc. once you are heavily invested in anycoin, you are pretty much holding until something happens. you have no choice. if you feel you have played with high risk and possibly lost, it's still too risky to sell as well. you would still be selling at a loss, but you risk selling early and missing out if you had held.

i understand why people are nervous and you are right. at this point we have no proof, only dev promises and some rumors from Bholzer.

once again, while Bholzer is not proof, it's still all you have. and i still think Bholzer, Fusion Hash or any other person who would support someone being dishonest, has way more to lose than to gain. Bholzer wouldn't risk his rep and his own coins if he didn't truly believe the Octo devs would pull through. that makes no sense.

at least what you said was funny though

[CryptoBroker79]

Jokes are funny if their funny and maybe some people found it funny/will do when they read it but I like to remember that if someone wants to check up how Octo's getting along the first place they'd go is here. I'm a long way from remembering the names of who posted what, so when people post stuff that kinda equal trolling, such as yourself, (even when it's for a laugh) I check out a bit of their post history. Yours jumped out at me because of the relevance of what you'd said.

I'm not having a dig or being overly serious, but as you post appeared to have an effect on the market (just sells for a few hours til it hit a small wall. Just like tearz joke before. Which who knows, could be either of you eating reactionary peoples coins) And nobody had replied to your post I thought it apt to copy/paste you to help anyone who might have been spooked by your Joke, and they may indeed learn from your words. Not everyone who reads this thread and has 888 will do so as often as say you or I.

Or perhaps I'm just not on your wavelength today.

This is a great point. Any wise investor will read every page of this thread before investing their millions. It would be a shame if they were turned off by a plethora of crude jokes, and harsh criticism of the development team (warranted or not).

[frameLAlife]

so let's speculate some more:

1. what do you think the first three apps could be? why would they choose those three? what impact will it have? i personally think at least one will be a mobile wallet or at least an html 5 wallet so you can use it on any mobile device.

2. what apps do you think will come later or last? i think the octo bank and debit card will be later. usually paperwork/regulations will hold you up and Bholzer hinted that those things could apparently be issues.

3. which app out of all will be the most useful and make the most impact? i would have to say a mobile wallet/html 5 wallet and the debit card would have to be it. the easier you make it to use the more likely someone will want to use/accept for money transfer. you could counter that the octo bank or the ability to transact privately would be larger but we know none of the specifics for those two things yet. you cannot compare to what is already available from other coins yet.

or anything else you want to spec on

[th0ms0n]

i think one of the most crucial things would be to make octocoin independent from bitcoin. as a matter of fact, virtually all altcoins use bitcoins as their bridge to the real world.
in an octocoin system with real life purpose, bitcoin could be "a single point of failure" and i believe the devs can't risk that on the long run.
so while octobank won't be the first app i guess, i hope it will soon follow.
also, they can't publish services that require high trading volume for now, they must slowly set the bar higher. like -> mobile wallet, some marketing, some online games etc.

[SquidsIn]

Jokes are funny if their funny and maybe some people found it funny/will do when they read it but I like to remember that if someone wants to check up how Octo's getting along the first place they'd go is here. I'm a long way from remembering the names of who posted what, so when people post stuff that kinda equal trolling, such as yourself, (even when it's for a laugh) I check out a bit of their post history. Yours jumped out at me because of the relevance of what you'd said.

I'm not having a dig or being overly serious, but as you post appeared to have an effect on the market (just sells for a few hours til it hit a small wall. Just like tearz joke before. Which who knows, could be either of you eating reactionary peoples coins) And nobody had replied to your post I thought it apt to copy/paste you to help anyone who might have been spooked by your Joke, and they may indeed learn from your words. Not everyone who reads this thread and has 888 will do so as often as say you or I.

Or perhaps I'm just not on your wavelength today.

This is a great point. Any wise investor will read every page of this thread before investing their millions. It would be a shame if they were turned off by a plethora of crude jokes, and harsh criticism of the development team (warranted or not).

Oh come on, seriously?, this isn't a serious business forum and any serious money knows that.  A serious investor is not going to be swayed by a joke or criticism in here.  They will be won or lost on business plans, strategies and potential for ROI, all of the things we're currently kept in the dark about.  We may all be invested in Octo, indeed some of us have spent $1000's, but we're not the key actors, we're a piece of the puzzle and if things work out we may stand to make a good return but for now that's just a dream.

Most other coins/forums start when a narcissistic dev with average coding skills decides to clone a coin to call their own, some miners attach themselves to it, hype gets generated, people start spending BTC and then a few bagholders start pitching in ideas for collaborations and utility which then feeds back into the hype cycle with varying success until, in 99% of cases, the coin dies.  Octo is a bit strange in that we've been told from the beginning there a bunch of serious business plans and multiple project streams so consequently we're sat twiddling our thumbs, waiting for everything to happen and getting a bit stir crazy.

We can refute the FUDers and avoid feeding the trolls but surely we should be able to freely discuss and debate and we should be able to make and take a joke now and again.  We shouldn't try to micro-manage everything said in here to present a sanitised view for "investors".  IMHO what Octocoin needs right now is progress on the apps and a coordinated social media assault.  That's what will move the market and generate buy support.

[frameLAlife]

well said. i agree with most of what you just wrote.

i do still think you have to be careful what you say because it travels fast over these boards and the net. but, at the end of the day, we probably wouldn't sway most investors. i mean, any negativity so far hasn't caused me to dump.

[Tearz]

watch the dev pops out of nowhere saying something like " congratulations guys you learned a valuable lesson we've been finished for weeks we just wanted you guys to learn about appreciation and patience we will now release all updates thank you for learning from this experience"

[madmartyk]

Where is everyone mining?  The hashrate is over 1GH and most of the listed pools are empty!!

[Emerald_Crypto]

Where is everyone mining?  The hashrate is over 1GH and most of the listed pools are empty!!

There are several unlisted pools (multipools mainly) out there. Most know about coinmine, but I've stumbled across several others while trying to track down multipools that were raping EMD before we changed the difficulty schedule. Being heavily invested in 888, I tend to notice it on other pools even when I'm looking at them for other reasons. At one time, if my old-man memory isn't playing tricks on me, I believe there was talk of an undocumented Chinese pool that was throwing a lot of hash at Octo. Not sure if they are still around...

About the lack of details from the devs... Having another project that I believe in keeps me from fretting too much about Octo, but there seems to be one part that most overlook about 888. There are investors behind it. When you have someone else paying the bills, your hands get tied on certain things. While the devs may wish to release more details, their investors may be saying to keep a lid on the projects until they are ready to launch fully... Not just in beta.

Just my two cents worth for tonight.

[syncsam]

Text removed to keep post short...

... once you are heavily invested in anycoin...

whats this anycoin and how do I get some 

[SquidsIn]

Would there be any interest in collaborating to raise funds to have a block explorer for Octo like this one?;

https://chainz.cryptoid.info/jbs/

It's got tons of functionality, including rich list, network generation split, live updates, etc.

Apparently the annual cost for hosting and development is BTC0.25, if ten of us were interested that's about 6k 888 each at current prices

[frameLAlife]

Text removed to keep post short...

... once you are heavily invested in anycoin...

whats this anycoin and how do I get some 

lol go to counterparty and buy ptcrypto..... then you will officially hold the mysterious "anycoin" lol.

[BeardedCouncil]

Would there be any interest in collaborating to raise funds to have a block explorer for Octo like this one?;

https://chainz.cryptoid.info/jbs/

It's got tons of functionality, including rich list, network generation split, live updates, etc.

Apparently the annual cost for hosting and development is BTC0.25, if ten of us were interested that's about 6k 888 each at current prices

I like this. I came across one like it a while back and thought that's exactly what octo needs. We'd definitely put some in for a community bounty.

[frameLAlife]

I like that. Specially the simple rich list.

[CryptoBroker79]

Jokes are funny if their funny and maybe some people found it funny/will do when they read it but I like to remember that if someone wants to check up how Octo's getting along the first place they'd go is here. I'm a long way from remembering the names of who posted what, so when people post stuff that kinda equal trolling, such as yourself, (even when it's for a laugh) I check out a bit of their post history. Yours jumped out at me because of the relevance of what you'd said.

I'm not having a dig or being overly serious, but as you post appeared to have an effect on the market (just sells for a few hours til it hit a small wall. Just like tearz joke before. Which who knows, could be either of you eating reactionary peoples coins) And nobody had replied to your post I thought it apt to copy/paste you to help anyone who might have been spooked by your Joke, and they may indeed learn from your words. Not everyone who reads this thread and has 888 will do so as often as say you or I.

Or perhaps I'm just not on your wavelength today.

This is a great point. Any wise investor will read every page of this thread before investing their millions. It would be a shame if they were turned off by a plethora of crude jokes, and harsh criticism of the development team (warranted or not).

Oh come on, seriously?, this isn't a serious business forum and any serious money knows that.  A serious investor is not going to be swayed by a joke or criticism in here.  They will be won or lost on business plans, strategies and potential for ROI, all of the things we're currently kept in the dark about.  We may all be invested in Octo, indeed some of us have spent $1000's, but we're not the key actors, we're a piece of the puzzle and if things work out we may stand to make a good return but for now that's just a dream.

Most other coins/forums start when a narcissistic dev with average coding skills decides to clone a coin to call their own, some miners attach themselves to it, hype gets generated, people start spending BTC and then a few bagholders start pitching in ideas for collaborations and utility which then feeds back into the hype cycle with varying success until, in 99% of cases, the coin dies.  Octo is a bit strange in that we've been told from the beginning there a bunch of serious business plans and multiple project streams so consequently we're sat twiddling our thumbs, waiting for everything to happen and getting a bit stir crazy.

We can refute the FUDers and avoid feeding the trolls but surely we should be able to freely discuss and debate and we should be able to make and take a joke now and again.  We shouldn't try to micro-manage everything said in here to present a sanitised view for "investors".  IMHO what Octocoin needs right now is progress on the apps and a coordinated social media assault.  That's what will move the market and generate buy support.

What projects have you done for OctoCoin and what business experience do you have?

Me? I haven't done any projects for OctoCoin as I'm sure you were aware when asking, I don't have the time.

I don't have the time because I have a large family to support and because I have spent the last 6 years building a Consultancy business that started as just me and now has 15 employees, turns over more than £1 Million per year and is about to open up a new subsidiary on another continent.  Cryptocurrency is a hobby and I have no intention of making it into anything else, well it's more of an addiction really, at least until I find something else that interests me enough to replace it with.

Fair enough, I was just wondering what experience was behind your insight. Have you ever thought about incorporating crypto into your business, or are you scared of it turning off clients in its fledgling state? Perhaps offering a loyalty reward program paid in crypto could be a place to start.

[SquidsIn]

Jokes are funny if their funny and maybe some people found it funny/will do when they read it but I like to remember that if someone wants to check up how Octo's getting along the first place they'd go is here. I'm a long way from remembering the names of who posted what, so when people post stuff that kinda equal trolling, such as yourself, (even when it's for a laugh) I check out a bit of their post history. Yours jumped out at me because of the relevance of what you'd said.

I'm not having a dig or being overly serious, but as you post appeared to have an effect on the market (just sells for a few hours til it hit a small wall. Just like tearz joke before. Which who knows, could be either of you eating reactionary peoples coins) And nobody had replied to your post I thought it apt to copy/paste you to help anyone who might have been spooked by your Joke, and they may indeed learn from your words. Not everyone who reads this thread and has 888 will do so as often as say you or I.

Or perhaps I'm just not on your wavelength today.

This is a great point. Any wise investor will read every page of this thread before investing their millions. It would be a shame if they were turned off by a plethora of crude jokes, and harsh criticism of the development team (warranted or not).

Oh come on, seriously?, this isn't a serious business forum and any serious money knows that.  A serious investor is not going to be swayed by a joke or criticism in here.  They will be won or lost on business plans, strategies and potential for ROI, all of the things we're currently kept in the dark about.  We may all be invested in Octo, indeed some of us have spent $1000's, but we're not the key actors, we're a piece of the puzzle and if things work out we may stand to make a good return but for now that's just a dream.

Most other coins/forums start when a narcissistic dev with average coding skills decides to clone a coin to call their own, some miners attach themselves to it, hype gets generated, people start spending BTC and then a few bagholders start pitching in ideas for collaborations and utility which then feeds back into the hype cycle with varying success until, in 99% of cases, the coin dies.  Octo is a bit strange in that we've been told from the beginning there a bunch of serious business plans and multiple project streams so consequently we're sat twiddling our thumbs, waiting for everything to happen and getting a bit stir crazy.

We can refute the FUDers and avoid feeding the trolls but surely we should be able to freely discuss and debate and we should be able to make and take a joke now and again.  We shouldn't try to micro-manage everything said in here to present a sanitised view for "investors".  IMHO what Octocoin needs right now is progress on the apps and a coordinated social media assault.  That's what will move the market and generate buy support.

What projects have you done for OctoCoin and what business experience do you have?

Me? I haven't done any projects for OctoCoin as I'm sure you were aware when asking, I don't have the time.

I don't have the time because I have a large family to support and because I have spent the last 6 years building a Consultancy business that started as just me and now has 15 employees, turns over more than £1 Million per year and is about to open up a new subsidiary on another continent.  Cryptocurrency is a hobby and I have no intention of making it into anything else, well it's more of an addiction really, at least until I find something else that interests me enough to replace it with.

Fair enough, I was just wondering what experience was behind your insight. Have you ever thought about incorporating crypto into your business, or are you scared of it turning off clients in its fledgling state? Perhaps offering a loyalty reward program paid in crypto could be a place to start.

Lol, I deleted my reply as you deleted your question...

I have thought about funding something crypto related as an offshoot before, either mining or trading or just bag holding BTC.  From an accounting perspective it would be a minefield, assets like hardware are fair enough but crypto wallets? even foreign currency exchange is clumsy and difficult to handle for most accounting packages used by SME's.  I'm also constantly looking for something that might have synergy with crypto or blockchain technology (Consultancy is around Business Process Management) but haven't come up with a strong contender yet.

Our clients are mostly software vendors (whose products we implement) or blue chip clients of theirs.  You touch a nerve a bit with the "scared of turning off clients" comment, partly because its often hard enough just getting them to listen to us half the time as "the little guy" but also, yes, because crypto-currency is seen by a lot of the mainstream as something of a cult still.  I talk about it to peers and colleagues whenever given the opportunity and they all listen with interest but ultimately I've only ever had one person express a serious interest in mining and/or trading crypto.

<EDIT> I realise I just contradicted my statement that "I have no intention of making it into anything else".  If I could figure a way and had the time then I guess I would, but at the moment I'm growing disillusioned by the whole thing anyway.

[brianbbad]

Any of you guys going to the Inside Bitcoins conference in Vegas?

[frameLAlife]

Any of you guys going to the Inside Bitcoins conference in Vegas?

I wish

[joshycoin]

HEY! There are 3 of us now mining over at fusionhash! Come on down guys!