Topic: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink - page 89. (Read 297708 times)

I'm buying more.

Amazing will power, SUCH WOW! 

Glad you were able to get some more Octo.
I'm trying so hard to not buy any more for a while. 

I just watch a mirracle......with price

You have lucky GWC

It seems that a certain coin who lost a ton of votes in the "rebalancing" has once again made a rapid ascent. I wonder if Mintpal is keeping a watch on those that had the most 'bot votes" to make sure they are not doing it still? It would make sense to keep an eye on the most egregious offenders, since Mintpal seems to only check the full list every couple months or so.

To the people who have been selling their 888:

"Thank you... thank you... thank you! I'm still buying!" 

It sounds like you will never see those 75k, not in the form of 888 anyhow, CryptoRush are going to convert them to BTC/LTC at a rate of their choosing and then tell you what they think they owe you and repay that from profits (which, if anybody has any sense and stays away, they will never make).  This taken from the "Debt Management Statement" on their site;

A new plan, A fresh start
The New CryptoRush Operations Team will be implementing a different plan, a long term commitment to our customers. We believe this step by step plan will restore normal operations in a reasonable timeframe, and will be taking the following steps to achieve that goal as quickly as possible.

1) The old database will be frozen, wallets and balances from every account on the previous platform will be kept in safe storage for later auditing (and thus allow us to determine our exact debt per customer).
2) To avoid the rise of exit coins we will be launching a new, clean exchange with zero balance wallets. Resuming normal operations safely as quickly as possible will ensure any profits earned can be quickly paid towards our debt to you, the customer.
3) Once we have audited all accounts from the previous platform we will convert that into BTC and LTC. This will be our debt to you as a CryptoRush customer and will be visible in your account on the website. After the audit of every crypto currency is completed, available funds will be immediately credited to users. Determining the value of these currencies for debt repayment will be carried out as part of a transparent process.
4) Once our auditing process is complete, we will begin the use of an automated daily payout script. This script will take the owner’s share of CryptoRush profits from generated fees and pay users according to what is owed to them. (see next chapter for detailed explanation)
With the above plan we will be able to regain control of trading, liquid wallets and speed the process to recovery. It’s important to note that since we won’t be converting in CRS, that market will be left alone as is. This also means that CRS payouts will continue to be paid out to our users. Clients that are marked for refunding will receive their funds in the form of BTC and LTC from the pockets of the owners.

Freezing the old situation
We will freeze all balances form the old platform to conduct a full audit for every user to make sure we account for all the debt built up by the previous platform. These debts will be converted into BTC and LTC via a transparent process. This will simplify pay outs to our customers of our debt regarding our debt to them, and allow for easy re-entry to their preferred coins.

uhhh.... almost spot 11 again... (forces smile)

I just wanted to share that I read this at 30,000 feet earlier today right after it was posted. i almost did a spit-take with my bloody mary.

off topic, the Tor thing is yes, not that impressive at all, and these clown devs have done little more than flip a switch, at least they figured out how to do that! I do think that there's one anon coin currently out there that could be promising, but i won't even say their name here.

It's all aboot the octo baybee, *eyes 100k sell wall*

Seems that the main reason I do any trading these days is so that I will make more BTC to buy more OctoCoin... I really haven't found anything new that interests me enough to hold long term. Plus I still have a stash of "old" coins like MEC lying around, awaiting their revival.

I have bought and mined a few Murraycoin lately. I think there is promise there, especially with the Fusionhash multipool coming online in a few days. Speaking of which, I only have a few more days to buy OctoCoin, before the Fusionhash multipool starts working on the 888 price, too. Must buy more Octos... Soon!

Quite a few great points Gary!
Almost all these coins are P&D, and don't really offer innovation.
Anonymity is all the rage these days, and people automatically think the price of the coin should go up 10x because someone said the word ANON somewhere in the coins ANN thread.
I made some decent money with other coins so that I could reinvest it into a coin which will rise to the top....Octocoin. 

OFF TOPIC: Lots of new coins being released claiming to be anonymous because they have integrated TOR into their wallets. These additions are in the new BTC Core (they are even in the 888 QT code, though not yet activated), yet these so-called developers are claiming they have decoded the secret to an anonymous coin... BTW... anyone who believes that TOR is private and secure needs to do a little research as to what government agencies have already cracked that pinata wide open...

Just sayin'... Don't be duped by claims of breakthroughs on anonymity based on the TOR network and .onion nodes. The BTC developers came up with the code for TOR based transactions, not any of these fly-by-night coin devs who are looking to jump on the Anonymous train to increase the value of their P&D schemes.

On Topic: Thanks for the update, OctoDevs. Looking forward to the coming weeks... as I continue my struggle to mine and purchase more 888 to try and get half as many as Shellbunner. 

Looking forward to see what the other projects are... 

sweeeet action!

Thanks for the updates!
Looking forward to seeing all your hard work.
Thanks for all you do for us. 

We have an updated version of the OctoCoin client just about ready for release (simply performing some fine-tuning at this stage). This will be an optional update but will contain a number of enhancements to the core. Also, all binaries will be built with OpenSSL 1.0.1i-dev (which, at this point, is simply OpenSSL 1.0.1h with a minor bugfix implemented).

The Qt clients will also receive a number of minor Qt-only enhancements in addition to the "under the hood" items outlined above. Windows 32-bit and 64-bit Qt clients and the full Mac OS X client will all be released shortly after we update the source on GitHub.

We apologize for being slightly behind schedule - the scope of several of our projects have grown since the initial vision as we continue to raise the bar higher. Once the updated clients are released this week, we will finalize the new and improved Reddit Tipbot and other lingering minor projects that we have promised. It's import to us that even common components of OctoCoin are done uncommonly well and we want to pave the way to the top in style.

Finally, within the following few weeks, we will see the public release of our first OctoHub project and, simultaneously, we will release the public progress-tracker. Going forward, we will provide as much transparency as we deem prudent on upcoming projects.

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