Topic: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink - page 92. (Read 297708 times)

I'm not too worried about the votes. Buncha whiners! I know me and my roommate were always voting from the same IP usually almost around the exact same time (one of us would remind the other). Sure it's not a great way to determime uniqueness but if it's their only defense against fraud it is probably the lesser of two evils. Now only one of us gets to vote for Octo and the other can vote for something else decent way down the list. MintPal axed a bunch of votes and we moved UP the list so really it's a good thing. Maybe they will just wise up soon and add us when they realize we have one of the only legit coins on that damn voting list pretty much.

re: the mintpal votes being taken away

while i agree that giving a user 24 votes to spend in a 24 hour period would be the best solution, i'm not convinced of any wrongdoing on mintpal's part for their recent auditing of their voting system. all evidence shows that they had all votes logged per user and per IP since the beginning, and have only recently made use of that database in repealing votes from different accounts from the same IP. This move was retroactive going back months. (this is what it seems to be at least, without direct data from mintpal, it's hard to say we'll ever know %100, but all the evidence we have so far suggests this)

while the occurrence of multiple people in an office using the same ip and legitimately voting on separate accounts does happen, it is collateral damage to get rid of people who could be voting on 100 different accounts on the same computer. Aidencoin lost almost 10,000 votes because of this (no way they got that many votes in the last couple of days, this was an ongoing fraud campaign). And while Murraycoin only lost a handful, i do not think that they were voted in the past week or so, they could have been voted months ago, and they were probably not malicious attempts at voter fraud, more likely 2 people in the same house voting on separate accounts.

i don't know the inner workings of the exchange, so really it's all speculation on our part, but the insinuation that they did this just to "force people to use paid votes" is a bit strained. All coins were given the same shakedown, equally ridding duplicate IP votes from the polls. There was no favoritism one way or another, therefore everything else being equal, all the coins should be in the exact same position as they were beforehand, not "requiring" them to start paying for votes. The only way you'd feel pressure is if you just lost half your votes from fraud.

Yes, they are a business, and making money is their prerogative, however they make far more money in 6 hours trading then they do in a month of voting. Voting (from what i've seen) has always been a community tool to gauge interest in a coin so that they can list what rises to the top and THEN make money from it. They (as all exchanges) support every coin they list, as it's pragmatic for them to do so.  

A) It's worth it to keep the playing field level, and seeing coins like the #2 Aidencoin take such a fall shows that there were users who were actively exploiting the voting system as such.

B) we directly benefitted moving from #16 to #12, so if anything we should be over the moon that they took this measure?

The spin has been there, all along. I haven't looked at it on my phone, yet...

Sorry about that guys. I thought I'd mentioned the TX fees before. Maybe I didn't?  I'm getting ready to lower it back down because that is kinda high. I do recommend setting your autopayouts a bit higher, anyway, to avoid having to pay TX fees several times a day. I'm going to change TXfees to 2 in just a minute.

I'm always working on my pool, trying to make improvements here and there. Since the switch to NOMP's stratum implementation I believe people are much happier with their hashrates.

Octo-Chance has been updated to latest version, with a couple of bugfixes that were causing intermittent crashes as well as an issue where some addresses were improperly flagged as invalid.

Edit: Anyway, as for my other projects, I'm taking as much of a DIY approach as I can. Starting with exchange API's and working my way up, I'm working on an app right now to interface with a few exchanges, do trading, etc. Pretty heavy stuff but now that I'm really into it I am making steady (though slow) progress!

nice, more action on octohub.org!

ps: is the spinning stuff new? saw it on my smartphose some days ago, and there was only the logo

That's the pool I use mostly, definitely not seen a fee like that before. How much did you withdraw?

Just did a manual payout on Edric's pool and had a 4 Octo TX fee. Pretty high ...when did this change? I remember the TX fees being something like 0.1

Sadly, it seems Mintpal, like so many others of these pop-up exchanges, is inherently corrupt.  Maybe it didn't start out that way, maybe the money they made turned them that way but either way it stinks, this is ALL about a drive for paid votes and your observation with Murraycoin proves it.  Somebody recently posted a bot voting script in our Reddit pages and suggested Reddcoin voters have been encouraged to use it.  I actually don't see the problem with this, you are allowed one vote per hour, it's not possible for a human being to be awake long term for a part of every hour of every day without running into serious health problems.  Believe me as a sufferer of both central and obstructive sleep apnoea I know! 

IF somebody found a way to make their vote count whilst they slept why is that such a problem?  if it is, give 24 votes per 24 hours or make it one vote per 24 hours and then there is no excuse for randomly removing several hundred votes from a coin.  Some of those votes will have been paid for so in a normal walk of life users who have paid for them may well have a case for fraud in a court of law.  If any of these exchanges have regulators it would be interesting to run that by them.

They should either move to full paid votes in which case they will get every shit/scam coin under the sun passing through their books and make a fortune but have a business that lasts 6 months tops OR they should make it properly democratic.  One way to do that would be to take a random sample of the user base and send them out an e-vote with the option to choose one coin from the available list (or maybe a 1/2/3 weighted preference), count the returned votes after 12 hours and add them, then repeat for the next round.  Take the top coin each week as usual.

Users aren't perfect, but neither are exchanges, users want 'their' coin to win of course so that they can individually make money.  Who is the bigger evil here? Cunning users or a gluttonous exchange?  either way, something has to change.

I have a feeling they are just removing a certain percentage from all of the coins... even if there is no evidence of fraudulent voting... to discourage fraudulent voting. If somebody is trying to cheat the system and sees votes removed it may discourage them even if it's basically a bluff. Obviously MintPal is hoping more people will pay for votes directly.

I noticed Murraycoin even had hundreds of votes removed at some point last week; Murraycoin only received about 7 votes in the past 2 weeks total so obviously there was no foul play going on (yet it was penalized). Don't let the removed votes discourage you from voting but do make sure you are only voting once/hour per IP address. It's ridiculous that MintPal uses the IP to determine uniqueness and penalties since, for example, several people in my office have been voting for OctoCoin and we're all on the same IP address. Since the penalties hit I just told them they might want to take a break on voting from the office (until I realized everything appears to have been penalized).

Annoying but as long as we keep grinding it out that's all that matters. Honestly MintPal will surely cause a massive price spike so for people looking to unload a few coins it's more important than for people like myself who are just looking for more stability and ease of acquisition. If the devs hadn't made a statement a while back about requiring MintPal for one of their services I'd probably still be voting for Murraycoin (despite already trading on Cryptsy) - I kind of like the fact that 888 is still flying somewhat under the radar despite being one of the most promising coins there is right now. Have to wonder if that's by design as distribution is getting wider and wider every day.

I am always looking at the coins in the top 20 on mintpal voting list, I think Octo gained 4-5 places on Mintpal even though it also had votes removed but also noticed the voting rate by the community has dropped off 90% over the weekend.

ok i know that nobody cares, but i just read on ars that youtube is going to be implementing 60 FPS video!!!!!

this. is. incredible. been waiting since the dawn of youtube for this. always made me mad that other services which supported 60FPS all went the way of the dinosaur. and twitch's servers can't keep up, on peak hours can take an hour to load a 5 minute 60 FPS video, but it looks like you're right there playing the game yourself!

http://arstechnica.com/business/2014/06/youtube-announces-60-fps-support-tipping-and-creator-studio-app/

And trying to keep this thread more on-topic: To me the holy grail of adoption for crypto is being able to bet on games. Not just poker or blackjack, the kids these days would rather bet on the outcome of their starcraft, or counter-strike match. and a decentralised digital currency fits the bill perfectly for that. I'd be comfortable letting my graphic card mine for an hour and bet the proceeds on a match. I wouldn't feel as comfortable moving $1 from my bank account to a site to be able to bet on a match.

The issue is the implementation of anti-cheat. and famously one of these services which did fiat betting on counterstrike matches, (it had to be running in memory all the time while you played) well turns out it was actually mining bitcoins, happened about a year ago. so that left a shitty taste in people's mouths, but the connection of these two worlds is no accident, they're made for each other.

The future is e-sports, they're the great equaliser. Someone's success is derived from their cunning and quickness, not from their biological dice-roll. I always wanted to be a basketball player, NOPE! but I can put all of those mental skills to work playing co-operative competitive matches in an FPS game. the only thing that can beat that is games for the disabled in the future where they plug a cord into your ear and you control everything with your braaaaaaaain.

get in before 8888 satoshi

yeah, if i had CS:GO i'd play a round with ya, had fun playing the hardline demo *coughshamelessselfpromocough*



http://www.twitch.tv/boomyak alot of my vids are 60 FPS on twitch, but the buffering is often awful, click the youtube button on my profile to see youtube versions of the same stuff.

Damn. I was waiting the whole time to buy the coin for 888 satoshi. Seems that I´m too late for that. 

Yeah that sounds like my case too, CS:GO or League is way more fun than watching a game.

Correct on the Hammer, It has its shadier parts, but doesn't every city? Thankfully I live on the much more quiet side of the escarpment

heh, don't worry i hate sports too. entirely. my whole family (even sister) played hockey. i play competitive battlefield lol. I have nothing to talk to people about in bars, it's great.

so you're from Hammertown i guess? I used to do a live-to-air from 100.7FM from club BarCode saturdays in that town. And i promise you that my view is not obstructed from the gardiner

doubtful that we have enough for a Tdot meetup, but truth be told i'm moving to Washington in a couple months, girl got a job, woo!

Damn Slick, you live (kinda) nearby!

I live in the city across the lake with the better view =p, and its only a 45mins -4 hrs away, depending on the "usual" QEW/Gardiner traffic of course.

If the Vegas meetup is out of reach, one in Toronto could be doable although nobody would show

Also, not a canuck... I'm not really into sports... at all

I'll do you one better: Toronto, Ontario, Canada =p

figures it's another canuck who's so great at community organizing, sigh* TYPECAST