Quote from: eeaweeaws on March 11, 2014, 06:43:08 AM

love this coin but so far i think there it's not enough promotion and miners
i am worried about when we reach day 9, block reward change to 88, will most of the miner dump their coins Huh

when the new miners know first 8 days we got 888 per block, will they join Huh

Keep in mind it's quite early - OctoCoin just launched ~60 hours ago. Since launch, OctoCoin has maintained an average hash rate that places it in the top 5 for all scrypt-based coins and there have been over 8,000 OctoCoin downloads - I would say we are off to a great start.

Early on, even the most successful coins have limited services and exchange support - the lure is in the increased mining returns. Sure people may dump their coins - at modest volumes, OctoCoin offers one of the best returns out there right now.

Also, while the upcoming reward drop-off is steep, it is not as steep as most people seem to be concluding. The block reward drops to 88 OctoCoins per block, correct, but there will also be ~123 blocks/day containing 888 OctoCoins. Early miners are taking the biggest risk and, therefore, receive the biggest rewards.

We anticipate a slight drop-off when the block reward drops as obviously ROI will drop dramatically. However, we expect network speed to slowly roll back up as OctoCoin gains traction via new services, a stronger community, and additional exchange listings. All of this will begin to increase exposure and, ultimately, the value. It shouldn't take long before the same-day ROI is right back to today's levels, at the same difficulty, even with the reduced rewards.

Marketing, promotion, and community building will all come with time. OctoCoin has just been born - we need to feed it and give it time to grow. Anybody dumping now or in the near future is either desperate or extremely short-sighted. We created OctoCoin to be a game changer and it will absolutely change the game. For now, enjoy these mining returns and low prices while they last. It's good to separate OctoCoins from weak hands as it strengthens the power in the end.