Topic: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink - page 38. (Read 297707 times)

What I find most deplorable:

The developer posting here is clearly intelligent and can write very well. A person that gifted should not be using their strong writing ability to screw people over.

There are obviously crappy people in the world, crypto and otherwise, and it’s certainly on us for believing and buying in.

But on top of the financial loss, I just hate that we’re being left high and dry by someone who’s obviously smart enough to handle things very differently.

It's de-centralised and open source so a community can pretty much do what it likes with a coin.  The latest source code is on GitHub; https://github.com/octocoin/octocoin

Given the very low hashrate i'd imagine it is vulnerable to anybody with a small number of ASICs who wanted to fork it and wrest control from the nodes that are still running.

What would you want to re-purpose it to though?

Problem is, the main reason to do that is because we all have a lot of time and money "invested" and convincing more people to buy-in (even if we had a great hook) would be hard to do when it looks like we are just wanting to be bailed out.  There's just no incentive and there are just so many shitcoins.  The altcoin market seems to be in meltdown as it is with volumes dropping and exchanges running off with BTC.

Technologically speaking it's not even a particularly great coin.  What that was going to make it something were the grandiose plans behind it, which, by now we're all starting to realise were pure fantasy.

It's about that time.

Richie at Bittrex hasn't heard from the devs (or a squids prefers 'dev') since the last double payout issue. He cancelled all orders on the 888 market this morning. Bholzer hasn't been about, neither have fusionhush with their magic pools they're making...

Ya know, in case this is a big steaming pile of turd... how do you go about claiming/re-purposing a coin once the devs fuck off?

Is the poor OCTO dead yet?

I think Bholzer IS Octocoin.  There's been a few too many coincidences and at least one slip up on this forum where something was said and then forgotten, a copy of which was kept on the .lk clone of this forum.  Would he care to publicly refute that suggestion here? that would be much appreciated.

In fact, I have a request for the OctoCoin "dev's", please pass it on at the next conference call Bholzer...
as a show of faith why not post a short video clip promoting Octocoin in person and include one of your snaps from the parabolic flight launch so we can see you are one and the same people? I assume you have a pic of what what must have been a once in a lifetime experience?

This would make a huge difference to this "community", it would refresh and reinvigorate our brain-washing programme, errrm i mean our dedication and support.  And on the plus side, you wouldn't have to reveal any of those top secret plans, it's a win-win, let's do this. Go Team Octo

Get your spacesuits on guys we're going To Da Mooooooon or is it mewn these days?, honestly, i lose track.  The world of Crypto moves so fucking fast when you're sat still watching a disabled market listing on Bittrex)

Yours,
SquidsOut

rip

yeah, i hate to sound like tin-foil hat guy here, but this only further illustrates how all of this is perpetrated by one person.

we've never seen more than one and a half web sites, a working wallet (hold on scratch that) and a bunch of lip service.

really, tell me ONE thing that would have taken more than one person, more than a weekend (total) to do.

please stop using the word "devs" because there isn't one shred of evidence that this is anything more than a hoax by one person.

and before you try calling me out for being unfair etc. just answer that question, what proof is there? why mention a parabolic flight with no pictures? why mention service timelines to be instantly forgotten? it's easy! you're (me too) all suckers! sorry to say it, but you've all been had.

in all honesty the most plausible scenario at this point is that we've all been privvy to a university undergrad's social sciences experiment. "how long can a group of adults be strung along, with no evidence whatsoever, and how much money will they lose in the process?" i'm sure all of our screen names will appear in a peer-reviewed paper entitled: "susceptibility to gullibility in adults".

how much can greed blind an otherwise rational adult into thinking things are happening which there is no evidence for? this is cult territory, or god forbid religion.

this is such a fucking joke. I wanna hear Bholzer's side to all of this, tell us what's happened in the latest "conference call" . ppPppffffff hahahahahaah

IN SHORT, I'M REALLY FUCKING FED UP. PLEASE DON'T CRUCIFY ME.

I don't think they reply directly to emails. In the past they've just popped up here after enough fuss has been made. Has anyone had a personal reply to an email they've sent them?

If the weekend comes and goes without a fix or at the very least a communication then my own conclusion will be that Octo is abandoned.  This on the basis that if they're too busy to fix an important issue during the working week due to other commitments then surely they would do whatever they can to fix it over the weekend.

I wouldn't mind betting that Octo will be gone from Bittrex by the end of this month.  What a waste.

I really hope Octocoin hasn't died...I wrote 3 mails to the devs 2 days ago and yesterday. I informed them about Bittrex situation, and the fears of the community...no response so far.

I believe the diff spike we saw could have been open heart surgery. Maybe it's not safe to modify node wallets when steadily blocks are coming in. But if you have a window of a few hours...
Just a guess, I could be wrong

Looks like the DEVs are on vacation also!!!

I guess coinmine.pw would disable the coin as there is currently no exchange for it...unfortunately the admin is on vacation.

jesus, as if we don't have enough problems right now... some asshat jacks the diff up then bails? you mean like how coinmine.pw does things?

i mean if there's no other big players on the network, then wouldn't the multipools just rape it whenever they choose to nibble?

this is going from bad to worse.

FUCKING DEVS SAY SOMETHING.

If you look at the block explorer, someone jacked the diff way up, then bailed. There was an 8 hour gap between blocks being found and now its been nearly nine hours since that block was found. Network hash rate is too low to break through very quickly. So... ~17hours and only one block found makes the wallets move very slowly. Until another block is found, the wallet will not update.

My wallet is 2 hours behind... either they're fixing it or putting it to sleep.

I'm having trouble syncing my wallet for a few hours now. Anyone else? Could this be due to maintainance from the devs?

yeah i remember it was supposedly fixed. i mean bittrex resumed so they must have thought that they fixed it. surprised it's still the same kinda issue. that's another reason why i honestly don't get too bent outta shape with stuff not releasing on time... i mean the wallet or exchanges with the wallet have issues. could you imagine the blowback from an issue like this had Octo been trading at a much higher price and volume? it woulda killed it just like other coins who had some type of issue when it's worth 50 cents or $2.

but yeah... i would think with the holidays coming up i don't expect much from them... but maybe in the new year the wallet will be fixed and maybe some stuff released?

it sux, i know. and i really expected much more from them by this point. the only thing i can think is, at least they aren't making a killing scamming off people. if their wallet balances were being sold and they bounced and abandoned something i'd be livid. that's just dishonest. at this point, i think they just are having issues and trying to get all their ducks in a row... or at least that's what i hope. i could be totally wrong. but one thing you can see is nobody, including the devs are making any $$$ off Octo at this point. it has just cost whatever you have put into it with no return so far.

as for the timelines.... i saw a post the other day where the coin had timelines all on their website and bitcointalk forum and each one of the items had been met already or were running on time. it's sad to see that Octo hasn't turned out this way. and this coin has many similar features that Octo was promising. kinda hard to watch other coins pass them by and by the time Octo does it, it may not mean as much as it would have back in March-September time frame.

the crypto world changes quickly. and at this point i don't even know if i trust much promise in alternate blockchains. i mean Counterparty is doing big things on the Bitcoin blockchain and has Swarm and Overstock.com working with them. NXT has their whole deal and I love Nxttycoin and the Nxtty Cryptomessenger idea that will be on iPhone and Androids soon. who knows what might happen with Etherium and Maidsafecoin.... the list goes on, but most alts just seem kinda dull to me now. the POS coin phase might bring something new to revive it but i'm not holding my breath.

i guess i misread what you were saying, not expecting anything until march is probably at the very least a safe bet. i'm putting my money on something before the year 2020, in time for the parabolic flight reunion around the moon.

does anyone have info concerning the bittrex issue from last month? was that ever resolved? what action was taken? i remember reading some strongly-worded posts from octocoin, weren't they going to release a wallet post haste to fix the situation or something? trading resumed so i assumed it had all been sorted. does someone have a better chronology?

March is not a legitimate date for anything. But in my mind I said I am happy to just kinda chill until March because that is the year mark and also the time frame when they were discussing everyone coming to Vegas.

That won't happen if something positive hasn't happened with this coin by then.

And I also have no expectations or will hold the March date over their head since they haven't set that as any date.

Do you think taking my date out of context and comparing it to what you have done the past three weeks is the same thing?

I will agree with you that at least this is some news that is going to require some response from the devs hopefully. However, I really don't expect much more than what we got from the last Bittrex debacle from them. A post or two of the same.

I'm just here now to see if they pull anything off out of this mess.