Topic: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink - page 48. (Read 297707 times)

Personally I don't see the problem. Everything djslick has said (with syncsams backing) is true, and it always has been. This time last month or the month before we were in the same position, sparse communication from the devs about long term plans, that's all we have and all we've had before now. My point being that demanding something NOW is rather arbitrary.

When we bought into this we speculated and we're still speculating now, there is no onus on the OctoDevs to make our money grow; that's our job. They've created a project/opportunity that we jumped on board with and it's their prerogative to develop it in their own time, on their schedule with whatever communication they like in any manner they choose. And that has always been the case.

We can almost certainly all agree that things could have been clearer/faster/more communicative etc but just because it *could* be doesn't necessarily mean it *should* . At the end of the day we don't know enough about what is going on behind the scenes to make that judgement.

(yes, yes they could tell us more, and one day we'll probably find out but as I said before we don't know (and never have) what guides their actions).

We're all risking something in here and ultimately we call our own shots. What we don't get to do is call shots for others... Keep or dump, post or don't, release pics/apps or wait.

GIVE/SHOW ME SOMETHING - when it's ready

how did you get that picture of me?    pure speculation!

lol as if i'd ever be caught wearing a tie, that almost makes me look half dignified. i just sit at home playing videogames all day, in reality i'm much closer to this:



however this is the internet. everyone lies. all i have to do is apply the slick veneer of the 1980's and BAM:



look at me! totally legit!

okay that's a poor representation of my frustration, but the point still stands, everything on the internet is bullshit until proven true. nothing i've seen shows a shred of evidence that any of these octo pipe-dreams are legit, the best we have is idle speculation.

i have not read anywhere that octocoin has posted that they're funded by this particular group of angel investors, what exactly they're investing in, who, what, where, why when etc. i'll look into this further, but i tend to go off of the horse's mouth for information, and unless i've missed a post, i've never read anywhere that octocoin has posted on here or their website about this group and their plans.

none of this takes away from my argument. they're saying they'll be more communicative, release projects, and respect their community. none of these things have happened. just more rhetoric and execu-speak. we're being treated like mushrooms, they're feeding us shit and keeping us in the dark.

and for the record, this isn't revealing my stance as an investor, nor would i assume that anyone would read my words and immediately dump. what i want to see is the other investors like me all stop apologizing for them. of course i know that they haven't sold their octo, that there's a good chance that they're hard at work doing whatever it is they've been doing for the last 6 months, i'd like to revel in their hard work and not have to play the bad guy here.

but common sense dictates to me that praising something with ZERO evidence is akin to a religious cult. how as a community have we been reacting to their denial of any news at all for 6 months? with lavish praise? a small teaser campaign for octohub and we all blow our loads? I think that we all deep down know that we're letting them off the hook far too easily, where other coin devs would have been butchered alive 2 weeks after launch with no news.

honestly, if it were my own coin, i would want to wait to launch everything at the same time before it has a chance to get pumped so that it's not dumped once the services go live. imo the mantra "buy on rumor, sell on news" comes true far too often in crypto. and if they're trying to avoid that altogether i understand that! as a living breathing adult sentient human i can comprehend that (quelle surprise). don't we deserve to be treated with at least that much dignity?

GIVE US SOMETHING.

I think I found a picture of djslick  



In all seriousness, I feel you man. This stuff can be frustrating. I'm not interested in continuing a debate that simply involves speculation on both sides. At the end of the day, only you can decide what's best for you while remaining within your comfort level. If it makes you feel any better, the devs haven't appeared to have moved any of their coins. If they didn't intend to follow through on this stuff the joke would certainly be on them more than anybody.

I've always been realistic about OctoCoin but tend to believe our concerns will eventually be squashed.  

quote: "The OctoCoin Project received seed funding (and our LLC was formed) on December 1st, 2013"

http://startupseattle.com/wp-content/uploads/

http://startupseattle.com/wp-content/uploads/2014/06/Seattle-investments-Crunchbase-thru-6-14.xlsx

they do not list Octo here on a list labeled thru 6-14. assuming that is the month and year.

there are some crypto related biz in the spreadsheet though.

coinex-io

hashplex

lot's of software startups though.

https://www.youtube.com/watch?v=9dRLG2LmbiE

https://www.youtube.com/watch?v=cgfeIJzcl9o

yeah. this dude isn't about some altcoin... this dude is about creating software that they will make a return on. Octo as a whole doesn't appear to be about the coin but i'm assuming the payoff from the coin will be nice depending on what is delivered.

just a hunch.

if these are the people funding the devs they aren't going to risk anything that could cost them like releasing a beta. screenshots or vid would be nice but if they are truly trying something different we shouldn't expect this board to run like every other coin.

frustrating maybe but worth a chance to stick around and see if we are correct.....

there is your OZ....

I have to agree some screenshots/video/etc of at least what is currently in development would be beneficial. I understand things not being ready for market but a preview would be a nice gesture (just a suggestion).

you're funny and this is pointless. it's just a conversation. not something to be offended by.

it's not secret insight. it's been discussed in past posts if you go back and read. it's also looking at what you already can see and connecting the dots. it's called google dude. and it's not proof it's just very good speculation.

http://www.allianceofangels.com/

http://www.linkedin.com/in/yijian

https://angel.co/yijianngo

http://www.allianceofangels.com/about/people/

these people just don't give out money and not expect results. and there are other direct links besides what is posted on this board if you do some research.

and in no way am i saying you should leave. i said if you don't want to be invested in octo you should dump and move on. there's nothing wrong with that.

it's your money and time.

if the above is right, it's probably a safer bet than most altcoins.

nobody is marginalizing you. it's just a conversation.

a sad state of affairs would be you dumping and missing the boat if the above is correct.

+9646587450337364

unfortunately I can't put things as eloquently as djslick, but djslick is spot on

i mean it's just insulting to have been a supporter for so long, and still just be marginalized not just by devs, but members of this very community. really is a sad state of affairs.

so far every single thing that they've alluded to doing behind the scenes cannot be corroborated. this should be a big red flag to any serious investor.

i can make a coin tomorrow, say that i have investors, say that i have a 12 man team, say that we're all industry experts, say that we launched the coin on a virgin galactic flight, say that we're working with banks, stock markets, and the president to have our currency replace fiat worldwide.

i could write a bunch of well-worded posts to give the illusion of activity going on behind closed doors, i could use a lot of tech-talk and execu-speak so that anyone reading my posts will assume that i'm a professional and that i know what i'm doing.

I can do all of this and still not have to provide one shred of evidence for ANY of it except for a logo and 1 and a half websites that could have been made in a weekend by a grad-student.

and i'd surely laugh myself to  sleep every night reading how the community is so hypnotized that they're ostracizing members of their own community whenever a real criticism is raised. the fact is they don't want to see behind the curtain, they want to believe in OZ the great and powerful.

hope is a powerful emotion, as evidenced by those apologizing for these devs. i'll continue to hope that all of this smoke and mirrors will clear and there will be something substantial left standing, but i will not count on it. I've been burned so many fucking times before and it's the same shit every time, period of euphoric elation thinking that there's nowhere to go but up, and then the rug is pulled out beneath your feet. time to wake up.

SHOW US SOMETHING. 

i like how this is the second time in less than a day that me bringing up real issues about this coin is rebutted with: "well then sell and leave".

what problem solving skills!

"if you really look into who's backing this and do some research you will see why so many are sticking around"

care to share with the masses some of your private insights? what "research" should i be doing that i have not already done? I've been a day 1 backer of this coin, read EVERY single post in this forum, have engaged the devs personally with multiple PMs, and been an active poster. so again, care to tell me what i'm missing?

all i can gleam out of this mess is that everyone is banking on bholzer supposedly having first hand contact with the dev team? that's the closest to any "insights" that anyone has correct? because the devs themselves can't seem to keep their own promises, and with 2 posts in 2 months they are actively ignoring this community. so now it's up to the community to play defense for the devs. again, with absolutely no knowledge of what the hell they're doing.

so again i ask:

SHOW US SOMETHING.

show us anything to PROVE that this is not just one person with one and a half websites and a lot of lip service. again, i'd like to think that it's not, i'd like to think that they're legit, but i haven't SEEN anything to demonstrate it!

get your head out of your ass and observe! you're getting mad at the messenger for observing what's going on. direct it where it needs to be. stop apologizing. stop insinuating that "anyone in the know already knows that octocoin is the shit" without ANY proof to back it up!

tired of all this fanboy lip service bullshit nonsense.

one last thing:

30,789,495 minted per coinmarketcap.... we are getting awfully close to the 31 million mark.

ugh it's late. later guys. i'll be back on tomorrow.

don't forget: sundays conference call. cya.

i'm just saying... is it possible? of course. but investors don't just give anyone money. i don't mean us. i mean the ones footing their bills at the moment.

You have more faith than me in these devs.

But with luck you're right.

now that i'll agree with. if their intentions were not to really meet deadlines or after they missed the first set of deadline, they shouldn't have continued to string you along. that's a fair assessment.

i agree that the broken promises and the lack of even 1 app being released in beta or at least screenshots or a video that doesn't expose code should have already been released.

in some ways i get fed up with it. but you can't make these decisions based on emotion. the facts are that we have no hard proof either way. it's just as risky to pull out and miss the boat as it is to stay in. specially when you start digging behind the scenes and gathering information.

i can't believe that the devs are incompetent... what i can believe is there is a reason for everything we see here. it's a gamble either way.

Yea. But I think the devs have gone too far. I think it's been too long. I think they've fallen 100% short of their claims too many times.

And my basis for that is not just my opinion, it's the way the community is reacting. We are fed up.

Bholzer asked why we think the devs owe us anything. I think they do because they promised us specific things.