Topic: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink - page 123. (Read 297708 times)

The delay on the new client is due to us having to strip out a number of custom features that were not ready for production. As the features are quite innovative, we did not want to simply comment them out in the source and give away too much information and/or allow the features to be "borrowed" before we even launch them. We ended up creating a completely separate branch and things are rolling along.

The fork will replace the bonus blocks with steady 188 coin blocks throughout the remainder of the bonus phase. Also, a new difficulty formula will kick in that adjusts every block to help smooth out the network. The fork begins at block 75,888 - that means we need to get everybody updated before the weekend is over. It isn't as much notice as we'd like but we felt it was important enough that it needed to be fast-tracked. The new source will be put up on GitHub tomorrow and we will begin reaching out to all of the pool operators and exchanges that will need to update their clients before block 75,888.

For those of you on Windows that want to get a jump on things, here is the download for the new 32-bit Windows-QT client:

OctoCoin 1.8 w/ 75888 fork [Windows-QT]

This is complete with the fork that kicks in at block 75,888 and will run fine until then as well. It is built on top of the upcoming Bitcoin 0.9.2 source. Once the new OctoCoin source is public, we will follow with the 64-bit Windows-QT and Mac wallets. We will release the windows installers later - for now, we're keeping it simple.

By EOD, all nodes will be updated and ready for the fork. Will update the main post and provide updates throughout the day.

Dying for more info. Stopped mining until the new client, but still actively voting on MintPal.

I like OctoChance or OctoChance or maybe OctoChance:D

Almost forgot to throw some names at you for this, so prepare to hear what could very well be the worst name suggestions ever.
...Or maybe they are good, lets find out.

-OctoBets
-LottoStake
-OctoChance
-OctoSplit
-BetterStake (with a picture of a steak beside it of course)
-BetStake (steak optional here)
-OctoWager

Hopefully something stands out from this list of words I fused together, lets hear others' opinions I guess

Still love pizza, but can't really cope with certain kinds, like Little Caesar's.. After making 30-40 gallons of sauce every day, it gets really old.. Just thinking about their sauce gives me heartburn. Give me stuff to make homemade pizza, though, and it's on!

Getting some of the final touches done on the Octo casino, but I'm going to hit the hay early tonight. Tomorrow It's getting switched on, so be ready to play!

I was wanting to get it finished today but ended up doing a bunch of housework, ate a bunch of crap with habanero Tabasco sauce and a couple of beers and I'm not feeling so hot right now, so watching some Breaking Bad and going to sleep..

The dinging sound from the new version of MPOS is annoying the living crap out of me. Do you guys hear it too?

EDIT: Yes, tomorrow IS the day for the Octo casino launch. The grid game is coming down, though, doesn't look like any users have unclaimed balances but if you do, please withdraw! Tomorrow we go live and we still need a name! Remember, you can invest in the game as well as bet. My body is ready.

yeah the activity here comes and goes. overall even with some minor issues and complaints it's a good group of people. one of the few boards where people can disagree with each other and do it respectively. lots of other coins on here are just horrible. like the troll in the whitecoin board that everybody cannot stand... at least we aren't dealing with that kinda bs here lol...

I didn't get a start off that early, When I was 17-18 I had invested close a few thousand into liquidating a large amount of electronics electronics which I sold to friends, as well as locally. ROI came within two-three weeks and when I had gotten rid of the majority of my stock, I had enough to buy a high end gaming desktop, and pay this semester of college comfortably.

However, at one point or another I had an easy $1500 on hand lying around. What it would have been to buy ~30BTC at the time... Unfortunately at that moment in my time I was only an active observer, no mining and no investing.

Here's hoping I don't miss another coin with the potential to be a big hit

I have been around the cryptocurrency world for a few years (even though I am a newbie on this forum). I do not mine coins, as the computers that I have capable of mining are busy doing my IRL work. (I'm thinking about setting up a Raspberry Pi with some ASICs as a test miner, soon) I invest in coins that show promise. And I believe that OctoCoin does.

I trade many different cryptocoins and only hold onto the ones that I feel will make a significant return in the future. I churn some coins that I like long term, just to keep the BTC flow going by making a few satoshis here and there. The only coin that I have never sold is OctoCoin. I may be a fool, in the end, but I believe there is a bright future for this currency.

While others complain about the devs taking too long, I want them to release something that works the first time instead of rushing something to market with a bug. If you push out a bunch of apps that do not work right, then that creates FUD. I have no problem with the amount of time being taken, if it is being taken for the right reasons.

That being said... more updates would be nice.  

I am not suggesting, in any way, that anyone take over this coin. The developer's long-term plans are what will drive the price through the roof. I am proposing that we do more to create uses for this coin, now. When the dev's apps come online, there will be a larger community waiting and the demand will skyrocket.

There is no reason to invest lots of fiat to create interest in OctoCoin. Simple websites with games, giveaways, etc are not expensive to create or operate. Doing simple things will draw more awareness to the project and increase activity, not only in this thread but in the mining pools and at the exchanges.

There is interest out there. I have witnessed conversations in trollboxes at exchanges where OctoCoin is not listed. The consensus seems to be that they mined it early and are holding to see what comes about. There are those outside of this thread who like this coin. Hell, it took me nearly two months after the launch to finally break down and join the forum just so I could add my two-cents worth here and there, even though I had been buying Octos from the beginning.

@thenotfatguy - You said you are probably the youngest person posting in this thread. Well, I'm probably the oldest and most experienced. I've been an entrepreneur my whole life. I started my first business when I was 10 years old. I've made stupid money, and I've lost my ass. Every business venture is a gamble... that is what makes it so exciting!  

-------------

BTW... My birthdate is August [8] 8th [8] 1964 [8x8=64] What can I say? I like 8's.  

Yessir it is a gamble.... see ya on Saturday!

I think that's the biggest gripe from us all.... the communication factor.... i mean the dev showed up and said that by a certain block we would do the fork then they say they are running behind then nothing for a few days.

I think we all agree that is annoying and can be unnerving when you are financially invested.

We'll see

While I want to agree with this statement. The devs need to set a foundation and kick things into gear before the community can develop its own projects, services, etc.

I would have to be a ballsy mother with no fear of losing thousands of fiat to be able to open a business that runs on Octo, It is just not a reality at this point, seeing as we have no real volume that could come close to replicating a stable payment processor, a small community meaning no real "market", and no real credibility behind Octo as of yet.

As with everything cryptocurrency related - it is a gamble. However, making informed decisions is key to success.

Nobody is making you mine or buy OctoCoin, therefore there is no need to spread FUD without actual proof of anything.



@Edric

You still enjoy pizza, or has making it on a daily basis diminished your love for it?

I would think so. I mean it feels like forever but if you look at the launch date of March 8, it really hasn't been that long. That's only just over 2 months.

The current amount of Octo in circulation is 19,534,239. That's nothing for a coin that's almost a cap of 89 million. According to their web page the whole bonus block system would mint 31 million in the first 6 months. We are only 2/3 of the way there. The 888/soon to be 188 blocks will be gone soon and then it will be 88. Then before you know it 6 months in it will be only 80 per block.

I think that we are on the front end of a good coin. This is the time to get as much Octo as you can for as cheap as you can and when the devs get their shit going, it will all work out in the end.

I'm just pissed off it's come to this. The devs promised so much and have delivered so little.

But I hear ya. That's true about those other coins. Maybe will be true here.

All I am saying is that we can do things on our own. We do not have to rely on the devs for the applications/websites for this coin. Community driven effort is what has made BitCoin, LiteCoin, and DogeCoin successful, not what their developers did.

Anything that the devs come up with will be added perks to increase the use and demand for OctoCoin, if the community creates a need for Octos.

And yes... the wallet update would be nice. 

That's a very good point. But I think the hardest part about doing some of those things is you are risking putting a lot of time and effort into a coin who's history is shaky at best. I mean I still have faith that the devs will get this all figured out and Octo will do big things but that doesn't mean i'm going to put too much effort into other things. I already invest a lot of time here, on Reddit, buying Octo, mining Octo, etc.

Now, I think you are correct and that the devs probably work full time, have families, etc. You cannot fault them because RL comes first. If a few of us disappear from here for a few days it means nothing really. But when you have an announcement about a fork and a new wallet and disappear it promotes uncertainty....

For those of us that have been around since March 8th, honestly, I'm used to it and it doesn't freak me out. But, then again, I don't have any issues with the wallet and transactions like some of the community do.

I'm simply waiting for them to show up and fix it and they will.

The other issue with the community doing stuff is it's kinda hard to do something like a video about Octo when you don't have to many ideas of what applications they are making and a date they may be released. You'd be making a video with information that they already have from the website and this thread.

I will say that thefatguy has done a great job with the weekly news updates on Reddit.

I will also say that Joshycoin and I are roommates and we both buy/mine Octo. We are starting a bitcoin/crypto consulting and training business soon. We have started on the website and we will have a featured  coins section and Octo will be the one featured coin that is a mainstay on our website that we will try to refer our customers to buy.

But at this point we don't have anything to put on the website to promote the coin other than what we pulled from page 1 on here and from the website. See what I mean? You can't tell a customer, "oh buy Octo because the devs said they are going to create business apps in the cloud and launch them when we hit a larger exchange platform." You have to have what the applications are, what they will do, why that is good and will affect the price of the coin positively and at least a potential launch date (even if it's not a hard date).

I could go on. I'm excited about Octo. I have enjoyed my time talking to people here and will continue to stay and do so. I'll continue to mine and buy.

@GWCalvert: I hear what you're saying, but IMO it's unfair to expect us to give, when the dev won't give us the simplest thing - either the wallet update as promised (based on the timeline THEY supplied) or an explanation why it hasn't been released. And it's crap that they're PMing some people in this thread but not posting generally.

@frameLAlife: yeah don't want code out before it's ready - but why no communication?

As long as there are no businesses or projects etc. Octo would also be just one of those crapcoins.

In the moment they just hold back everything. They don't want to have this coin on an big exchange in the moment (like they stopped the cryptsy voting etc., but why had an investor of them talked to cryptsy about adding this coin bypassing the votingsystem?).
They use no Twitter, they use no facebook. -> They want to get more time.

Maybe there are some Investors that want to have a big part of the coins (logical) and they collect and collect.
Maybe they finish most of their projects first, so there will be a steady flow of new softwares etc.

I'm still sure this coin will be big.

If my rig wasn't dead in the moment i would keep on collecting!