Thanks for the heads up! 
Topic: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink - page 51. (Read 297707 times)
September 23, 2014, 07:01:45 PM
Damn...every time I'm starting to lose faith in Octo an update occurs Thanks for the heads up!
Thanks for the heads up! 
September 23, 2014, 06:20:19 PM
Thanks for the update 
September 23, 2014, 06:08:59 PM
Just an update on the Bittrex situation: we have received additional details from Richie and are digging into the issue. For those concerned about OctoCoin potentially being delisted from Bittrex, here are Richie's comments:
"Don't worry about delisting... I'm more concerned about this problem because it might impact a lot more than just octo."
Basically, as some of you have already gathered, some of the transaction comments are apparently being overwritten which is how Bittrex manages payouts. They froze 888 trading and put up a "delisting" warning both to prevent additional repeats and to expedite action on our part. While we have never experienced this issue nor seen reports of any issues until now, not all services operate in the same manner. It's possible this is an issue that has been corrected in the latest Bitcoin Core source code and, if that is the case, we will ensure the fix is implemented and release our new wallet ahead of schedule. Regardless, Bittrex may want to consider a new method for verifying withdrawals to avoid this potential issue with other currencies. We will get it all straightened out.
"Don't worry about delisting... I'm more concerned about this problem because it might impact a lot more than just octo."
Basically, as some of you have already gathered, some of the transaction comments are apparently being overwritten which is how Bittrex manages payouts. They froze 888 trading and put up a "delisting" warning both to prevent additional repeats and to expedite action on our part. While we have never experienced this issue nor seen reports of any issues until now, not all services operate in the same manner. It's possible this is an issue that has been corrected in the latest Bitcoin Core source code and, if that is the case, we will ensure the fix is implemented and release our new wallet ahead of schedule. Regardless, Bittrex may want to consider a new method for verifying withdrawals to avoid this potential issue with other currencies. We will get it all straightened out.
September 23, 2014, 05:52:11 PM
We have contacted Bittrex.com and hope to have this straightened out very soon. While we apologize for the continued delay on other fronts, we are getting fires putting out, making some acquisitions, and things are still moving forward. Getting the issue(s) worked out at Bittrex.com is a major priority as they serve as the only 888 exchange with reasonable volume at this time. While this sudden double-spend issue is likely not related to the OctoCoin code, we will certainly work with them to get that handled regardless.
We want to ensure you all that we are still active and all of our plans absolutely remain in place. We are behind schedule and we are in a difficult market but we will prevail. This community is important to us (even if, at times, it feels otherwise). We have only burned through a fraction of our capital, we hold a significant position in OctoCoin, and we have millions of lines of code we have written that we are anxious to unleash.
Thank you all for your continued support and dedication.
We want to ensure you all that we are still active and all of our plans absolutely remain in place. We are behind schedule and we are in a difficult market but we will prevail. This community is important to us (even if, at times, it feels otherwise). We have only burned through a fraction of our capital, we hold a significant position in OctoCoin, and we have millions of lines of code we have written that we are anxious to unleash.
Thank you all for your continued support and dedication.
September 23, 2014, 04:28:01 PM
i know it, because i'm the one who broke it. unfortunately...
i wanted to withdraw some octos this morning, received the amount twice and then the market froze.
richie contacted me and i sent back one of the transactions.
i'm in contact with him and i'll keep you guys up 2 date.
the reason seems to be that the octo wallet overwrote an entry which bittrex uses to keep track of already sent transactions..
however, the bittrex guys are working on it
i wanted to withdraw some octos this morning, received the amount twice and then the market froze.
richie contacted me and i sent back one of the transactions.
i'm in contact with him and i'll keep you guys up 2 date.
the reason seems to be that the octo wallet overwrote an entry which bittrex uses to keep track of already sent transactions..
however, the bittrex guys are working on it
interesting. thanks for the response. do you know if Bittrex is in contact with the devs at all?
September 23, 2014, 02:05:54 PM
i know it, because i'm the one who broke it. unfortunately...
i wanted to withdraw some octos this morning, received the amount twice and then the market froze.
richie contacted me and i sent back one of the transactions.
i'm in contact with him and i'll keep you guys up 2 date.
the reason seems to be that the octo wallet overwrote an entry which bittrex uses to keep track of already sent transactions..
however, the bittrex guys are working on it
i wanted to withdraw some octos this morning, received the amount twice and then the market froze.
richie contacted me and i sent back one of the transactions.
i'm in contact with him and i'll keep you guys up 2 date.
the reason seems to be that the octo wallet overwrote an entry which bittrex uses to keep track of already sent transactions..
however, the bittrex guys are working on it
September 23, 2014, 01:47:46 PM
if i had known that "feature" was in there i woulda withdrawn way more lol jk
jk September 23, 2014, 11:54:09 AM
not trying to scare anyone, but it seems there is a "feature" within the octo wallet, that caused bittrex to pay out twice. then the whole market shut down. bittrex guys are trying to fix it though...
Are you sure or it's rumour?
Please post only certain information or indicate the source
September 23, 2014, 11:43:26 AM
not trying to scare anyone, but it seems there is a "feature" within the octo wallet, that caused bittrex to pay out twice. then the whole market shut down. bittrex guys are trying to fix it though...
Source?
September 23, 2014, 11:11:29 AM
not trying to scare anyone, but it seems there is a "feature" within the octo wallet, that caused bittrex to pay out twice. then the whole market shut down. bittrex guys are trying to fix it though...
September 23, 2014, 07:32:41 AM
Hmmm. Odd.
Looking at the status page https://bittrex.com/Status 888 hasn't been 'checked' since 4am (same +/- as the other inactive coin)and there's no 'Notice' in the notice box at the bottom.
Maybe they're looking at de-listing, maybe the Devs have asked them to pause the market because they're bringing us an update today. Maybe, maybe, maybe... It's odd for sure.
[Edit: the network seems ok, blocks are still being found unlike last weeks difficulty spike problem]
Looking at the status page https://bittrex.com/Status 888 hasn't been 'checked' since 4am (same +/- as the other inactive coin)and there's no 'Notice' in the notice box at the bottom.
Maybe they're looking at de-listing, maybe the Devs have asked them to pause the market because they're bringing us an update today. Maybe, maybe, maybe... It's odd for sure.
[Edit: the network seems ok, blocks are still being found unlike last weeks difficulty spike problem]
September 23, 2014, 07:01:51 AM
I checked, the maintenance is marked as (Done) and the status is still the same as it was earlier;
"Inactive The wallet is disabled. This is usually due to the network having difficulties or the wallet taken offline due to a coin swap."
September 23, 2014, 06:19:59 AM
September 23, 2014, 05:21:51 AM
Wallet disabled on Bittrex.
I couldn't make the Sunday Skype, I was away on business. Personally, it's hard to conclude anything other than Octo is dead in the water (pun intended).
Unless the development team suddenly appear with something hugely innovative and present it to the world in the next day or two (preferably as soon as last month!) then the decaying carcass, which has thus far been managing to stay afloat, is going to start it's descent to the ocean floor.
EDIT: I don't think we have been deliberately conned, I think the devs had a little too much ambition and too little talent. I'm sure they intended to build what they convinced us and possibly other cash investors they would, they just simply lacked the ability to execute. I think it's time for them to admit that to us and to themselves and to give us all the closure that we deserve. I personally don't harbour any ill thoughts or will, I just want to be able to say thanks for the ride, sorry it didn't work out and walk away with my head held high because 99% of us conducted ourselves with maturity and dignity against the tide in this little corner of bitcointalk.
I couldn't make the Sunday Skype, I was away on business. Personally, it's hard to conclude anything other than Octo is dead in the water (pun intended).
Unless the development team suddenly appear with something hugely innovative and present it to the world in the next day or two (preferably as soon as last month!) then the decaying carcass, which has thus far been managing to stay afloat, is going to start it's descent to the ocean floor.
EDIT: I don't think we have been deliberately conned, I think the devs had a little too much ambition and too little talent. I'm sure they intended to build what they convinced us and possibly other cash investors they would, they just simply lacked the ability to execute. I think it's time for them to admit that to us and to themselves and to give us all the closure that we deserve. I personally don't harbour any ill thoughts or will, I just want to be able to say thanks for the ride, sorry it didn't work out and walk away with my head held high because 99% of us conducted ourselves with maturity and dignity against the tide in this little corner of bitcointalk.
September 23, 2014, 04:55:16 AM
I'm really disappointed now...my only hope is, that if they are really sponsored by the Alliance of Angels in Seattle, they have to deliver something. BUT: regarding "give us a couple of weeks tp prove us"...it's been a couple of weeks now and no communication at all. A little "Hi there we are still alive" every once in a while hurts no one and helps us to keep on believing in this so called "elusive entity".
Sad, sad, sad...that's all I can say
Sad, sad, sad...that's all I can say
September 22, 2014, 10:52:26 PM
By the way, if anyone knows somebody who might be interested in buying my LA property for BTC, here's the listing. (Note: strong emphasis on the "send all offers" part, I will go much lower than the asking price, especially if someone wants to buy with BTC)
I will be reinvesting most of the proceeds back into altcoins, of course.
https://www.redfin.com/CA/Los-Angeles/0-OTAY-Dr-90065/home/22129204
I will be reinvesting most of the proceeds back into altcoins, of course.
https://www.redfin.com/CA/Los-Angeles/0-OTAY-Dr-90065/home/22129204
September 22, 2014, 10:46:59 PM
I was unable to attend this week, Sunday was my cakeday! Hopefully drop in next week if the EU to USA times line up. Hey devs, can a fella get a birthday octoupdate to go with this octocake?
Very legit! I'd nom that!
(Sunday was Bill Murray's birthday too, in case you were not aware.)I was spending some time with my sister on Sunday, how did the conference call go?
September 22, 2014, 07:33:00 PM
as a show of intent and good faith, we understand the urgent need to release some of these projects publicly even if they aren't 100% where we want them to be. We are working on assembling a hard timeline to make available to the public with penalties for key missed dates.
Your concerns are heard, we are with you 100%, and we have forcefully broken free from the bulk of constraints previously preventing us from keeping the public communication pipeline more open.
give us a couple weeks to prove ourselves to you and become a part of history.
We have delivered 6 months of hype - it is time to deliver on the hype.
Who writes that and then dissapears again?
I’m still shocked about the whole thing. I’m angry with myself for believing in these developers.
There are a lot of terrible altcoins. Hundreds. There’s a lot wrong in crypto right now. Octocoin is part of the problem, which I hate to say. But it’s true.
The way the devs went about it is different. They wrote those really great messages every so often. But that doesn’t change the fact that the devs have contributed to the mess of altcoins, at the expense of our time and money.
I check the board occasionally because I hope I’m wrong. But I can’t honestly say I hold out much hope anymore.
I guess I hope that the devs see this, they do have stuff to release, and decide they want to be part of the solution with altcoins and not part of the problem.
+100000000000000000
hate to say it, but i've been thinking the exact same thing myself, i think it was yesterday i looked back at octocoin's last post, and everytime i read one of those lines you quoted my heart sank a little more.
it's all good and well to try and keep people satiated, but this is second time we're catching promises that aren't being kept.
you can't write shit like that, then disappear and get away with it. comes off as SAME OLD SHIT that every other alt pulls. octo is my last forray into altcoins anyways, and if it turns out to be all bullshit just like every other one i'm going to be walking away for good.
give us a couple weeks to prove ourselves to you and become a part of history.
well it's been twice that long now... just another bullshit car salesman line?
it's no bloody wonder no one thinks any altcoins are legit.
September 22, 2014, 05:16:12 PM
as a show of intent and good faith, we understand the urgent need to release some of these projects publicly even if they aren't 100% where we want them to be. We are working on assembling a hard timeline to make available to the public with penalties for key missed dates.
Your concerns are heard, we are with you 100%, and we have forcefully broken free from the bulk of constraints previously preventing us from keeping the public communication pipeline more open.
give us a couple weeks to prove ourselves to you and become a part of history.
We have delivered 6 months of hype - it is time to deliver on the hype.
Who writes that and then dissapears again?
I’m still shocked about the whole thing. I’m angry with myself for believing in these developers.
There are a lot of terrible altcoins. Hundreds. There’s a lot wrong in crypto right now. Octocoin is part of the problem, which I hate to say. But it’s true.
The way the devs went about it is different. They wrote those really great messages every so often. But that doesn’t change the fact that the devs have contributed to the mess of altcoins, at the expense of our time and money.
I check the board occasionally because I hope I’m wrong. But I can’t honestly say I hold out much hope anymore.
I guess I hope that the devs see this, they do have stuff to release, and decide they want to be part of the solution with altcoins and not part of the problem.
+100000000000000000
September 22, 2014, 05:10:27 PM
as a show of intent and good faith, we understand the urgent need to release some of these projects publicly even if they aren't 100% where we want them to be. We are working on assembling a hard timeline to make available to the public with penalties for key missed dates.
Your concerns are heard, we are with you 100%, and we have forcefully broken free from the bulk of constraints previously preventing us from keeping the public communication pipeline more open.
give us a couple weeks to prove ourselves to you and become a part of history.
We have delivered 6 months of hype - it is time to deliver on the hype.
Who writes that and then dissapears again?
I’m still shocked about the whole thing. I’m angry with myself for believing in these developers.
There are a lot of terrible altcoins. Hundreds. There’s a lot wrong in crypto right now. Octocoin is part of the problem, which I hate to say. But it’s true.
The way the devs went about it is different. They wrote those really great messages every so often. But that doesn’t change the fact that the devs have contributed to the mess of altcoins, at the expense of our time and money.
I check the board occasionally because I hope I’m wrong. But I can’t honestly say I hold out much hope anymore.
I guess I hope that the devs see this, they do have stuff to release, and decide they want to be part of the solution with altcoins and not part of the problem.
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