[ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink

[joshycoin]

I've bought much more than I have mined. Most of the mined Octos have come from rented hash. I have managed to catch a few other coins with low diff before they took off, grabbed a good chunk of and made a good profit, when they did take off, which allowed me to buy more Octo.

I've done a lot of arbitrage with coins to generate profits to buy even more Octo. I have a nice stash, but I am always looking for more.

I have well over 100K but far less than 1M. I only have one wallet with over 100K in it, so I would not show up anywhere near the top 10 on a rich list. I probably would not get anywhere near the top ten, even if all my wallets were combined.

That being said... If someone wants to dump their Octo; I am always open to buying at the right price...  

Man... When it comes to Octo:

[SquidsIn]

I'd say Shellbunner is the richest Octo-preneur in our happy little community here 

 

There are a few wallets with some large balances out there 

I have one address with 1% of all there will ever be just because when I look at the balance all those 8's look cool  the rest is spread around a bit.

[bholzer]

Great advice earlier - never invest more than you can afford to lose! That being said, a lot of people know who I am and I feel like it's worth something that I have actually met a couple of these guys. In fact, I'm the one who helped them wrap up the FusionHash integration and got Xnigma to add 888 (Xnigma was a big help in the early days of Murraycoin) at launch. Now OctoCoin is using FusionHash for their web hosting despite having their own web server in-house; I don't believe it's any secret at this point that I'm an investor in FusionHash (despite having very little to do with their operations) so this is extra exciting for me. The fact that they have given so many coins to the pools to ensure they are covered, the fact that none of the (modest) premine has been touched, the fact that they quickly came to the aid of edric and donated BTC to him when he was in a bind - these are things you don't typically see in the altcoin world. Yes there is some mystery here and, like everybody else, I would like to start seeing more (as they have assured us we soon will) but I just have a feeling about this one. I have also heard a number of rumors about who all is involved as I run in some of the same circles as at least one of the developers; I don't want to get anybody excited on what remains nothing more than rumors at this point but, if true, this could be even bigger than previously thought (and I've always believed in the Octo).

Honestly I just started out casually mining... bought a few on Xnigma... liked the guys I met and liked what I saw but wanted to spread around my investments to hedge my bets. Looking back, OctoCoin has been the most stable altcoin price-wise since the day it launched. In fact, it's the only thing I have invested in over the past 3 months that is actually up in value (sadly, my own coin included... but that's another story - we haven't seen the last of Murraycoin!) 888 prices have seriously been +/- 50% for almost the entire time other than a slight dip during the quiet period before the hardfork. I don't know if they're buying/selling themselves to maintain stability or what but this kind of stability is unheard of in today's market. Almost every other coin released in this span of time has seen 1000% drops or more from their peak. The majority of new coins are all scams from the start with empty promises which is why I put so much value into meeting part of the dev team in-person. I know they speak to FusionHash at least once/week and their delivery has been perfect in my opinion. They are just slowly rolling along and building momentum and building a community. The majority of altcoins are here, pumped, and gone within a month. I still keep the majority of my crypto wealth in BTC but in the crazy world of altcoins this is starting to feel more and more like the most solid option out there. Everything is a gamble but I'm a believer.

I threw another bitcoin out on Bittrex at 1020 if anybody wants to help put me over 1,000,000  

[bholzer]

I threw another bitcoin out on Bittrex at 1020 if anybody wants to help put me over 1,000,000  

At least you know it would be going to a strong supporter, right?! Then I could finally relax...

[frameLAlife]

I've bought much more than I have mined. Most of the mined Octos have come from rented hash. I have managed to catch a few other coins with low diff before they took off, grabbed a good chunk of and made a good profit, when they did take off, which allowed me to buy more Octo.

I've done a lot of arbitrage with coins to generate profits to buy even more Octo. I have a nice stash, but I am always looking for more.

I have well over 100K but far less than 1M. I only have one wallet with over 100K in it, so I would not show up anywhere near the top 10 on a rich list. I probably would not get anywhere near the top ten, even if all my wallets were combined.

That being said... If someone wants to dump their Octo; I am always open to buying at the right price...  

Man... When it comes to Octo:

haha

[frameLAlife]

"I have also heard a number of rumors about who all is involved as I run in some of the same circles as at least one of the developers; I don't want to get anybody excited on what remains nothing more than rumors at this point but, if true, this could be even bigger than previously thought (and I've always believed in the Octo)."

hmmmm now you got me speculating lol.

[bholzer]

"I have also heard a number of rumors about who all is involved as I run in some of the same circles as at least one of the developers; I don't want to get anybody excited on what remains nothing more than rumors at this point but, if true, this could be even bigger than previously thought (and I've always believed in the Octo)."

hmmmm now you got me speculating lol.

The last thing we need are rumors about rumors 

[frameLAlife]

"I have also heard a number of rumors about who all is involved as I run in some of the same circles as at least one of the developers; I don't want to get anybody excited on what remains nothing more than rumors at this point but, if true, this could be even bigger than previously thought (and I've always believed in the Octo)."

hmmmm now you got me speculating lol.

The last thing we need are rumors about rumors 

haha agreed.

[frameLAlife]

OFF TOPIC. INBOX ME YOUR RESPONSES.

Their board is 14 measly pages long. The dev actually created the coin and has just kinda set back.

Still, I bought quite a few of them. Just to see what would happen with them.

Petro Dollar aka PD aka P$. Traded on allcrypt.com. If you want to talk about it, I'd like to hear your opinions. It's an akward coin but I follow the dev on Twitter. He's an interesting dude.

If you don't wanna fill this board about another coin just inbox me. I'd rather not waste Octo real estate advertising something else but I like the people on this thread.

[shellbunner]

but I just have a feeling about this one. I have also heard a number of rumors about who all is involved as I run in some of the same circles as at least one of the developers; I don't want to get anybody excited on what remains nothing more than rumors at this point but, if true, this could be even bigger than previously thought (and I've always believed in the Octo).

I'm glad I'm not the only one who just has that "feeling". I'm busy flipping other coins and selling other coins to buy more Octo. Every thing about it just feels right. 

[shellbunner]

Sitting at my neighborhood bar right now drinking a local beer call Octopus IPA and it's delicious. Gets me thinking about our Vegas party! Can't come soon enough!!

[bholzer]

Sitting at my neighborhood bar right now drinking a local beer call Octopus IPA and it's delicious. Gets me thinking about our Vegas party! Can't come soon enough!!

I'm hoping it's during the first weekend of March Madness since we go down every year anyway (would be tough to convince the lady to let me do back-to-back Vegas trips, you know?)  

We were down there this year promoting cryptocurrency and handing out shirts/etc but it quickly became less business and more plea... drunk. More drunk.

Edit: I'll have to check out that beer; do you know if they bottle it or can it for resale? Seattle beer, correct?

[shellbunner]

Yea I hope it's during March Madness too. My wife is getting excited to go to Vegas since it's been a few years since we have been.

The brewery is Narrows Brewery out in Tacoma. http://www.narrowsbrewing.com/beers/giant-pacific-octopus-ipa/ <-- That's the link to the brewery. It's on tap at the bar down the road, but I'm sure it's bottled also. I may be bias since it's called Octopus, but I will definitely have it at my beer shop once we open later this year.

[comppi]

A single user has been pushing 300Mhash on fedaykins pool for the past few days atleast. At this rate, he's getting over 40k octos per day :O. The asics are really going to "fuck shit up" when the dumping starts. I'm kind of worried about this.

[shellbunner]

A single user has been pushing 300Mhash on fedaykins pool for the past few days atleast. At this rate, he's getting over 40k octos per day :O. The asics are really going to "fuck shit up" when the dumping starts. I'm kind of worried about this.

I say bring on the dumping!!!
I'll have my BTC buy wall ready to catch anyone dumb enough to try and dump down Octo.  

[joshycoin]

A single user has been pushing 300Mhash on fedaykins pool for the past few days atleast. At this rate, he's getting over 40k octos per day :O. The asics are really going to "fuck shit up" when the dumping starts. I'm kind of worried about this.

I say bring on the dumping!!!
I'll have my BTC buy wall ready to catch anyone dumb enough to try and dump down Octo.  

THAT^^^

[neleonele]

A single user has been pushing 300Mhash on fedaykins pool for the past few days atleast. At this rate, he's getting over 40k octos per day :O. The asics are really going to "fuck shit up" when the dumping starts. I'm kind of worried about this.

I say bring on the dumping!!!
I'll have my BTC buy wall ready to catch anyone dumb enough to try and dump down Octo.  

Thats our big octobro

salut!

[syncsam]

A single user has been pushing 300Mhash on fedaykins pool for the past few days atleast. At this rate, he's getting over 40k octos per day :O. The asics are really going to "fuck shit up" when the dumping starts. I'm kind of worried about this.

I don't think he will dump, he previously mentioned renting rigs because he couldn't buy enough on the exchanges

[comppi]

A single user has been pushing 300Mhash on fedaykins pool for the past few days atleast. At this rate, he's getting over 40k octos per day :O. The asics are really going to "fuck shit up" when the dumping starts. I'm kind of worried about this.

I don't think he will dump, he previously mentioned renting rigs because he couldn't buy enough on the exchanges

Not the same person I would think.

[syncsam]

A single user has been pushing 300Mhash on fedaykins pool for the past few days atleast. At this rate, he's getting over 40k octos per day :O. The asics are really going to "fuck shit up" when the dumping starts. I'm kind of worried about this.

I don't think he will dump, he previously mentioned renting rigs because he couldn't buy enough on the exchanges

Not the same person I would think.

Y would you not think they are the same person, they mentioned they were mining at fedaykins pool and that they were hiring equipment. and this person that has 300Mh/s actually had over 600Mh/s at one point and usually sits around 128 - 160Mh/s, so to me it seems like the same person, but I could be wrong

<edit> the fact that his hash rate fluctuates by so much says to me he is hiring
<edit 2> I think it is the smart way of collecting coins due to limited supply on the exchanges