Octoin performed nothing but the ultimate scam on its customers.
At first all was normal, people could invest with btc, ltc etc, buy mining contracts that paid in eth. One could even buy and sell OCC to octoin itself through octoin bank.
After operating for a bit over a month it closed its site for a week with nothing but lies, first it was for the fork of eth, no site closes its site for a fork, then it was this then it was that, and when they opened back up they had exchanged everyones entire crypto they had in their wallets there (btc, ltc eth etc) into octoin coin with the rate of $100 per OCC. They had even canceled all withdrawals up to 72 hours before closing the site and had turned those into OCC as well. They didn't ask any of its customers, they had just done it. But now ofcourse they had removed their octoin bank as well, meaning you could not sell them back, even octoin knows their coin is worth crap and does not want it back.
They had told us that they were in talk with over 20 exchanges, but somehow so far they only got their coin listed on yobit and exrates. At the start of the listing it was around $140, but no one could send OCC to sell them because we would not get any OCC addresses to deposit. So Who was selling those OCC then there? Octoin himself since none of its customers were able to deposit. After octoin dropped the coins worth to around $40 within a few days by dumping, suddenly the customers were able to create wallet addresses to deposit. Octoins greed knows no limits so even Octoin himself was responsible for the drop of the coins worth before the customers could make use of it.
Right now the coin is only worth like $13. My 0.15 BTC among other coins on their site which octoin had turned into OCC is now only worth like 10% of its original worth.
Every one of octoins customers had allready bought some OCC, but all of them got robbed when their alt coins got turned into OCC as well without any consent whatsoever. Now I understand why when you signed up no US citizen was accepted, otherwise the US citizens would have complained and octoin would have been brought into court on US soil. They planned this all along, luring in enough customers to rob them all of their btc and alt coins.
First of all it should be noted that the rate of the crypto currency is formed due to demand, including on the exchanges.
Then with your own logic how did you decide the OCC on $100 without its worth formed due to demand, including on the exchanges? You did not, which makes you a hypocrite since you are saying one and doing the opposite.
We assure that we continue to work with the project and do not stop there!
And what project is this? So far only the word project is being used without any real content behind it.
Let's face it, octoin was nothing but bitconnect in the quadruple. They robbed all of their customers coins and handed them OCC turning your capital instantly into 90% less worth.
Bitconnect took a year before handing out their worthless coin, you stiffed your customers within two months.
You seriously think any of your customers will support your coin from now on? It has become a dead coin and will die out over the next few months.
