Well, if you think about it, there hasn't been enough buy support over the last 6 months even for the devs to slowly sell and make very much profit. If you could prove the devs were only selling over a long period to slowly build profit then kill the coin I'd listen but there just isn't any evidence to support that. Plus you would have to have more than just the devs in on it. Bholzer and Fusion Hash would have to be in on a scheme like that. Neither of those parties have nothing to gain from helping a dev do that. If anything they would only hurt and kill their own reps and projects.
Since we do know that Bholzer has been involved in conference calls with Fusion Hash then I think it's safe to follow his take on it. We really only have info from him besides the devs.
As for the slowness, I think it's to be expected. When you are talking about having a bank for Octo and debit cards you start to run into things like dealing with banks and insurance companies and jumping through regulations. Those things take a lot of paperwork and time. I think Bholzer and the devs have both pointed to this as hold ups at some point.
I think it would be just pointless to sell early. I mean we have all been here for 6 months. I don't think we all like or agree with lack of updates but we also, all, are not privy to the devs Octo works schedules and tasks. We also do not know what types of issues they have ran into with losing some devs. We also have to keep in mind personal lives and families and real life jobs they may have.
I know it's not fun to worry about the time and money you have invested here. I know Joshycoin and I have had discussions about the amount of time and money we have put in here for 6 months. The only thing I know to do is have faith, be patient and hope it all pays off in the end.
Here's to holding on Octo! I'm sure in the near future we will start to see the fruits of their labor.
you are right. if they just wanted to make quick profit, they several times had the chance to hype, to spread news etc.
the octo guy posting here is very skilled with words, he could have easily convinced many people out there to buy. you know what forum posts and a some marketing is able to do.
secondly look at the carefully phrased octocoin posts, the professionally written wallet code. lots of effort, those people know what they're doing.
HOWEVER, all this implies that the current situation is thoroughly planned as well. and if we want to see good news soon, we should support their strategy. and as soon as this post gets buried and new pages appear, i will stop spreading hope, and anyone else should do so until we hear from the devs again, so they can do with the low price/hashrate whatever they like and come closer to their defined target ...
yet, everything here's just speculation