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

[djslick]

I want to hear from Bholzer, look like he hasn't posted in about a month. he was getting fed up with me a month ago because i was "kicking up a shit storm for absolutel no reason" etc. and i can understand people getting fed up and literally just not logging in to check this thread, i've done that for a few weeks at a time when i've been fed up before.

but currently i think that he should do the honorable thing and report to us what he knows. he's claimed multiple times to have been on conference calls with octocoin devs, and privvy to their plans etc.

with trading disabled for a week without a peep from the devs, i think it's about time we got some answers.

Bholzer, we call on you to be upfront and honest about your dealings with octocoin, and your relation to them.

i think after 7 months with ZERO information about this coin (seriously, what the fuck? NOTHING) that we're owed at the very least that.

come on Bholzer. you seem like an honest bloke, come clean with us and tell us what's been going on.

[SquidsIn]

What I find most deplorable:

The developer posting here is clearly intelligent and can write very well. A person that gifted should not be using their strong writing ability to screw people over.

There are obviously crappy people in the world, crypto and otherwise, and it’s certainly on us for believing and buying in.

But on top of the financial loss, I just hate that we’re being left high and dry by someone who’s obviously smart enough to handle things very differently.

+1

And the futility of it gets to me too.  I'd almost have more respect if "Octocoin" (the poster here) had used their intellect to perpetrate a scam and taken us all in for financial gain, to have done so for nothing but the sake of doing so is somehow even more infuriating.

[syncsam]

If you look at the last octocoin msg, the one I called bullshit, bholzer attacked me because I called it bullshit, which is what it was,I have now come to the conlusion that bholzer is DODGY, there has been some msg's in the murraycoin thread where people came to complain that he had taken money from them and never completed anything he had promised, can't remember which the other coin was, those msg's were deleted very fast. also if you look back bholzer has actually said he knows 2 of the octocoin guys, well at least thats the story he made up to market the coin create trust in the dev/s

<edit> is bholzer both fusion hash and octocoin, any way to find out???

[frameLAlife]

admin@octocoin.org is an email for the devs.

[syncsam]

admin@octocoin.org is an email for the devs.

yeah but how often has anyone gotten a reply, I have sent them msg's in the past concerning things like the block explorer and other things that not working quite right, but have never ever EVER got a reply

Octocoin last message they said the come are on here a couple times a week which I called bulls#it as well

[frameLAlife]

true, i was just posting it for those who may not know.

[syncsam]

It's about that time.

Richie at Bittrex hasn't heard from the devs (or a squids prefers 'dev') since the last double payout issue. He cancelled all orders on the 888 market this morning. Bholzer hasn't been about, neither have fusionhush with their magic pools they're making...

Ya know, in case this is a big steaming pile of turd... how do you go about claiming/re-purposing a coin once the devs fuck off?

repurposing I think is easy for someone with programming skills, but I think the issue would be, need for good ideas and plans (that are different from all the other alt coins) otherwise the coin will still be a flop in the midst of all the other repurposed  flop coins

[frameLAlife]

at this point there are too many other alt coins and bitcoin 2.0 platforms offering what the octo devs said their plans were. i don't see making clones of those being anything special.

[djslick]

i think this deserves the fabled quad palm d'face



as disappointed as I am that no one is coming forward, i can't help but wonder what the angle is. i was serious when i said that the most plausible scenario at this point is being the unwitting subjects of a social experiment. because no one has made any money off this coin. the original pre-mine is still there, isn't it? there has never been a dump, infact this has been one of the hardest coins to actually buy in large quantities if you wanted to.

none of this adds up.

i'd understand if they are waiting to fix bittrex and launch a real product at the same time, so that once the market opens back up this isn't instadumped to 1 satoshi. i mean, that's a plausible scenario, but it's giving octocoin the benefit of the doubt, which we've given them over and over and over and over for 7 months with nothing to show for it. so it's a stretch.

still, it doesn't make sense to not contact bittrex ritchie, it doesn't make sense to not have at least tried to pump a little then dump before letting the coin die.

something fishy is definitely going on... smells like... octopus.

[cryptoxx]

I agree that none of this adds up. I have no idea what's going on.

I did notice that all (I think all) of the hash on the coin at the moment is coming from here:

http://ltcd.lifeforce.info/index.php?page=statistics&action=pool

That seems like a very bad thing. Like, if that random pool wasn't mining this, there would be zero hash on the coin. Not good.

[madmartyk]

I agree that none of this adds up. I have no idea what's going on.

I did notice that all (I think all) of the hash on the coin at the moment is coming from here:

http://ltcd.lifeforce.info/index.php?page=statistics&action=pool

That seems like a very bad thing. Like, if that random pool wasn't mining this, there would be zero hash on the coin. Not good.

Why mine a coin you can't trade!!  No one in their right mind whats to spend money on Electric for nothing!!!

[frameLAlife]

i agree. it makes no sense that we haven't seen a post from the devs like the last Bittrex issue. does anyone know if the devs for sure still haven't been in contact with Bittrex?

if anything it's still really poor management.

i would hate to think it would be delisted soon. and if so, why? i mean they were on it. i would think that maybe Bittrex could confirm who they talked with on the last Bittrex issue. i mean do they only receive emails from the admin@octocoin.org email? no name or number or skype at least? that wouldn't be very professional.

strange times in OctoWorld as usual.

[frameLAlife]

and how the fuck is Octo up on coinmarketcap and showing $43 in trades in the last 24 hours?

[gd100]

Okay, what do we do now?
Devs write something, please!

[LeFiste]

Okay, what do we do now?
Devs write something, please!

we better write off our "investment"...sad but true

[madmartyk]

It seems a lot of coins the DEVs are just leaving them to rot!!

[djslick]

hitting up richie on irc right now, i'll let you guys know if he has anything to share

[HYPster]

bholzer is octocoin and he and octocoin are both dead! IF you have any Murraycoin better sell that too!!!

[syncsam]

Did anyone (who is able to) read the code, was there a secret pre mine that we didn't know about???  I can't read code so can't tell

[wartywarlock]

I've downloaded the source to take a look, but I'm busy at the moment. However reading code is generally as easy as reading. The relevant items to be looked at is called subsidy, perhaps coinsubsidy, and will have a comparison of block height to return the block value for a given period of time. I'll try and have a look before bed