Topic: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink - page 76. (Read 297708 times)

What is going on with 888 on Bittrex!!  Down below 400!!  and still dropping.  What caused this?

hahaha lets stay away from that combo

my dad is pretty hip to bitcoin, for a 73 year old. He's at least savvy to the fact that it's paying my rent, although he'd still rather me have a "real job" whatever the fuck that is, probably involves burgers and being miserable.

thanks for the feedback and support guys.

can't even tell my dad about bit coin, he would lose his mind lol

Great updates by the way, when I'm telling people about octocoin, I send them to your newsletter for whats happening.  and the word insider that you picked up, I had completely missed

@synscam

Well, at least your dad isn't convinced that bitcoin is a scam where one person is profiting off a bunch of suckers, has zero uses, can only be purchased not sold, mining it is actually malware, and wallets are easily hacked because they are hosted. Research and Understanding should go hand in hand. But when your sources aren't anywhere close to reliable, and your research was watching 5 minutes of a youtube video where some kid was ranting about losing his coins, you end up dismissing any views other than your own...

"If mining was so profitable, everyone would be doing it"
-TheNotFatGuy's Dad and his immense knowledge of cryptocurrencies  

@gd100

Like all initial start ups, especially one based around a speculative currency the risk is moderately high.
FrameLaLife and JoshyCoin are taking a risk in opening a business, but then again investing in bitcoin 3-4 years ago was also considered a risk too.
On the other hand, I have spoken to Frame ^{(a little)} and have high hopes for his and Joshy`s business becoming a local hit in such an unsaturated market  

@gd100
Haha you sound exactly like my dad, if he doesn't understand it then its a bad idea.  I think their idea is quite sound, the execution is where they will have to think about it properly.  Good thing about what they have said about it is they don't have to jump in both feet, they could initially start by courses after work and on weekend.  By the sounds of it thats what they will do unless they can raise all the capital they have asked for

I do agree with what you are saying that the business has not been completely thought out yet, but its early days, and asking for support without a proper business plan and all that is probably not going to work

@joshycoin and @frameLAlife

I have operated small business that had run out of money, the idea was good, but the people who were running it were useless.  From my experience from new start ups in unchartered territory once you have done you business plan and worked out how much start up capital you will need, usually triple it to keep yourself out of financial trouble.

But like I said in the previous part of my post, you got the advantage of being able to start small like night classes n weekends, that if you keep your job until it starts making profit, your start up capital requirements can be quite small

If you have any questions regarding business plans n stuff pm me, I'm not a professional or anything, just have a little bit of experience

 How about as part of your website you do some computer based training  (Private users, probably won't work on businesses) on using bitcoin/Octocoin, that way from the private persons point of view they can do it at home in their spare time, n once you have it setup, they pay a fee and you don't have to do anything as its already setup, leaves you more time to focus on businesses without excluding  the public

@frameLAlife
@joshycoin

Today, most people are too soft, easily offended. Each accept any criticism as an attack against them. Any other opinion is their hate. Years ago people were much stronger, hard character and willpower.You could cry. Be harder! I'm not offended anyone. So what I wrote.
No, I'm not a hater or negative. I'm a realist. I write what I think. Your project is not profitable! You will cover the salaries for 2 years, 288 btc for ... this is unacceptable!
How do you return the money to  investors? Well, probably you're not scammers, you're just naive. In fact, a reasonable person would not invest. Where is the profit of the investors? How much is ROI?

But end. I will not write more about it.

Well, you enchanted by crypto obsession. Want to do something. Think of another project. Something meaningful and profitable. Check out what others thought. There are sites for projects and investments. Look at them, but be careful. Most are scammers. I advise you not to invest ... to see what people do.

https://btcjam.com/
https://cryptostocks.com/

If I offended or hurt a gentle soul, apologize.I write what I think, 1:1. Directly! I'm not a hypocrite or dissembler. Sometimes I'm a little rough. But such is my nature. Sorry. Life is hard! Be harder. Any criticism is constructive. It makes people better. I guess you will not understand me, you have another way of thinking.
Greetings!

Ha Ha Ha octobros,

i am with u guys for 4 or 5 months and every word u said was in wright place.

Relax and  just ignore little kid.everybody here knows that you are great guys!


Regards to all

Just wanted to say thanks to all the guys that stepped in and defended us. Yes, we have a lot of work to do with the website and a lot of learning to do as this is our first business. Having said that... gd100, dude... why? What does coming in here all the time and being down on everything get you? I'd be miserable if I went through life like that. Anyway, I'm going to stop there because I'm having difficulty staying professional while addressing gd100 (you aren't worth the time or energy). Thanks again guys, great community support.

Thanks bholzer

gd100, you are ridiculous dude. either you are really that negative which is sad or you are trolling which is annoying. i can't figure out which. maybe you have a language barrier and that halfway makes me think you are trolling because your posts sound ridiculous...

nonetheless, i will agree that there needs to be a business plan and that is coming. part of what we are doing now is figuring out exactly what services to offer. when you live where i live and the understanding and perception of bitcoin is nonexistent or negative, you have to figure out a way to sell someone on a product they don't think they want or need. so that is half the battle.

we do have an overall plan though:

- we will not be brick n mortar at launch due to the cost and the lack of initial need
- we do have a website. at this point it's just a website with information and it will need a lot of work. i am not a web developer nor claim to be despite having some web design classes. i do have more of a graphic design background but that only helps so much.
- we will start with classes since the average person here doesn't understand bitcoin on a tech or social level. however, i think an easy intro class with just the basics will help people understand the why even if they aren't techy and don't need to understand the how. i think you market the classes as cheap, fun and informational. then you use those classes to get eyeballs on your product and try to draw in the ones who are interested into more in depth consultation and training if they are interested in using Bitcoin/blockchain technologies at work.
- we will create a marketing and advertising campaign and use that to draw businesses in. right now, where i live they don't even understand that just by saying you accept bitcoins will get you on the news because it's so new here. we have had one business that we set up to accept bitcoin and when the local news did  story on us mining and setting his mobile car wash business up to accept bitcoin, it helped his car wash business more than it helped us. we can use the media coverage we will as a tool to draw in customers. we also believe that we can help Bitcoin businesses cross promote and bring something new to community functions. Joshycoin and I both work for a very successful IT company. we are surrounded by some of the smartest, brightest people in management, marketing, advertising and sales. we will take a lot of what we have watched and learned and apply that to our business. some of these strategies will be outlined and posted soon but not here... we will post these on our official forum when they are ready.
- we have kicked around the idea of managed services. in the IT world that's how it's done. as tech people, it blows our minds when we look at something and want to learn about it so we get on the internet, we read up, we download the software and play around with it, mess with the hardware, etc. the average person is not only terrified of bitcoin software, they honestly have no business using Bitcoin software. it's just now starting to reach the phase where companies are working on security/features so that the average user can use
Bitcoin. don't get me wrong, they should be able to download the wallet, let it update, send money to it, encrypt it, etc., but many won't be able to do that or they are scared they don't know what they are doing. this is middle america where we support a hospital in St. Louis with Doctors and Nurses can't tell the difference between the PC and the monitor, what a power button is, basic software and hardware. Seriously, these are medical professionals who can't operate a computer or software like the average 6 year old can today, and you are trying to convince them they should take their money and financial assets out of a bank and into their pc, mac or phone which they can barely operate, surf the web or check their email without getting a virus. that's the average middle aged american. i believe there is at least 20-40 more years that you may need managed services for Bitcoin,blockchain related apps. granted the tech usually works pretty well and it's getting more and more user friendly. i do think that for most small businesses it would need to be cheap and IT companies should really consider implementing some form of Bitcoin managed service packages in and learning the tech now. if they don't they will lose out to businesses like mine who are going to be separate and Bitcoin only. the only kicker for this is, what types of issues will you run into? if you do run into an issue with Coinbae, Bitpay or any other payment system, how often will it be, what types of issues, how easy is it to deal with these third parties on your customers behalf? there are a lot of things to figure out that are new here.
- we will be looking to expand more into a brick and mortar store as the tech becomes available. i think that there is potential into having a store that offers basic training and setup for individuals, consulting for businesses that want to accept and use blockchain tech and also an actual store where you have sales. i think the days where you can sell mining equipment in store are coming. i also think that as more and more hardware wallets, debit cards, giftcards, other hardware/software, mining equipment, vending machines, atms, etc, as all of this becomes more and more available you can actually have a decent brick n mortar.
- The Apple Store is a great example of this. as an Apple user, I rarely go in there. But my mom and dad, they are always in there. They eat it up. You mean a store where I can go in there and talk to a real person about why this won't work!? Amazing. The Apple store is ridiculous but it works well because there is a market for it. The average tech person looks at them and laughs. Remember, not every potential future Bitcoin user is a geek and they will need to have their hands held while they get adapted to a new way of managing money and doing business.

These are just ideas. No, it's not a business plan, we are not there yet. We are working towards this and will get there but for now it's a lot of R&D, marketing and making connections. 

As for 288 BTC, yes that is a lot. I mean at $600 that comes out to about $172,000, When you look at launching a buisiness that is nothing. That is not even close to most startups cost. It would cover salaries for 2 years for myself so that I could focus on this full time. Joshycoin makes WAYYYY more than I do so that sum wouldn't even touch what he would require to quit his IT job. But, for me, it would allow me to quit this job and work on this business full time for 2 years and still leave quite a bit of money for marketing, supplies, rentals of conference rooms from hotels and the college to have classes and seminars and still have some in savings for when it's time to purchase goods for a brick n mortar store and pay rent for at least 6 months. This was a ballpark figure. In reality I have never set up an asset and when I chose 24 Million that was a random number. I also wanted it to be cheap so that if you wanted to get a few hundred or thousand at first you could afford to do so. That's why I priced them at .000012 BTC. Is it a risk to even buy from these types of investments? Yes, but there is still potential. What if what we launched becomes successful and we ended up starting a franchise of brick n mortar bitcoin related stores that offer goods and services. Then you might make a lot of return on it. Who knows. Either way we are launching this. If nobody buys then nobody buys, at least I got to create an asset on Counterparty and I'm learning how their stuff works.

If I have to I'll wait and see what happens with Octo down the road or other coins I'm invested in. If I could realistically make $50,000 I'd quit my job right now. Thats all I'd need. Granted that puts a lot of risk on myself and it also cuts me down to about a years worth of pay rather than the two years I would have from the PTCRYPTO sale. Still, don't be surprised if Octo gets close to 50 cents you don't see me offload $50k worth so that I can do this. Hell, I could survive of $30,000 for a year since this business has very little overhead to start. In reality you only need money for marketing, supplies and room rentals to teach in which with a little research can be cheap.

Ok I'm gonna stop blabbing about this.

Where is your business venture? Where is your website? Instead of dedicating all of your energy to tearing down... why not attempt to create something yourself? Your attitude sucks.

How do you know he has not done research? Your contribution to this forum (and this thread, in particular) has been, almost exclusively, whining and complaining. Have you contributed anything of value at any point? Perhaps it's an ambitious goal but, if nothing more, at least frameLAlife has some history of positive contributions and comes with a certain level of trustworthiness that few individuals on this forum have. Maybe cut them some slack? Not every website requires a groundbreaking UI to be effective.

This is a reality check, gd100.

Idea is naive and ridiculous!
http://www.ptcrypto.com is children site, therefore frameLalife is amateur.
Goal 288 BTC .....lots of fun
No, research?
No business Plan?
Where will the profits?
He sold naive idea for ​​288 btc.
There is no profit in it.

The future will show who is right.

gd100 you haven't fizzled into dust yet? you're still here?

thanks for the support guys. and there will inevitably be haters. i think most here know that we aren't scammers lol. i just am trying to learn how Counterwallet assets work and raise a little capital and potentially pay out some big money if we actually start making a lotta money off this. no scam here lol.

in fact it's a great deal i think.... at .000012 BTC you would get you around 84,000 PTCRYPTO tokens per 1 BTC.

gd100 i'll give you 1000 PTCRYPTO to go away hehehee

True

typical gd100 posts

 ^{seriously look through his history, this is nothing new}

Why is that??? these 2 have been around here supporting the octocoin for longer then I have been in the community, what makes it a scam???

n they have a business idea (This is not the 1st time they have mentioned their idea) that will take some capital to get it off the ground, obviously they don't have that much capital thats why they are asking for community support