Re: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink
Check out the new Foo Fighters album cover:
http://i.imgur.com/9Ppf0eW.jpg
The album, their 8th, was announced on 8/8, has 8 tracks, and was recorded in 8 different cities. Partnership opportunity staring us in the face??
Also, for everybody concerned about the lack of news, I was on a conference call late last week where two of the OctoCoin developers also participated - everything remains on track despite being behind schedule. Some of the necessary paperwork/legal stuff is taking longer than expected (this is unfamiliar territory for financial institutions - we're talking about people who still think free checks when opening a checking account is revolutionary) but they are committed to ensuring there will be no surprise snags down the road. I understand what it's like trying to manage a currency in a bear market when there are so many other responsibilities on your plate. Also, you guys need to realize these guys are approaching this thing a bit differently that most coin devs - they see the coin itself and the distribution as just one part of the equation. The community will rally organically once they begin to produce results and as far I can tell they will have essentially zero competition. Talk is cheap - results are not. I think they have done a great job of building hype and excitement without showing too much of their hand and once these guys have their business rolling and can dedicate themselves fulltime to it, we will see rapid results. If they can create an actual ecosystem with a purpose the impact would be much larger than even all of these big vendors accepting "bitcoin" as payment only to immediately swap it out for fiat - at that point, they're just using bitcoin as an alternative payment processor because they're afraid of the "risk" - until it's treated like a currency it's just sidestep after sidestep. This is bigger than OctoCoin itself - it could prove to be a key piece of the movement in general.
I am as close to being on the inside as it gets without actually being on the inside... and, as I continue to exit my positions in alts, I continue to acquire 888. Everything will be easier to swallow once they roll out even their first project - it isn't going to take much for the trading price to jump up 10x (especially when nothing else of mention is really happening in the boring world of altcoins right now). It's smart to be cautious and smart to be skeptical in this market - they missed their target date and haven't said a word for nearly two weeks - I'm just telling you guys that I have no problem publicly vouching for the OctoCoin team. Just because their marketing doesn't seem to make sense... I assure you there is a method to their madness. It's one of the only alts that I can confidently buy and hold and there is truly nothing else like it.
http://i.imgur.com/9Ppf0eW.jpg
The album, their 8th, was announced on 8/8, has 8 tracks, and was recorded in 8 different cities. Partnership opportunity staring us in the face??
Also, for everybody concerned about the lack of news, I was on a conference call late last week where two of the OctoCoin developers also participated - everything remains on track despite being behind schedule. Some of the necessary paperwork/legal stuff is taking longer than expected (this is unfamiliar territory for financial institutions - we're talking about people who still think free checks when opening a checking account is revolutionary) but they are committed to ensuring there will be no surprise snags down the road. I understand what it's like trying to manage a currency in a bear market when there are so many other responsibilities on your plate. Also, you guys need to realize these guys are approaching this thing a bit differently that most coin devs - they see the coin itself and the distribution as just one part of the equation. The community will rally organically once they begin to produce results and as far I can tell they will have essentially zero competition. Talk is cheap - results are not. I think they have done a great job of building hype and excitement without showing too much of their hand and once these guys have their business rolling and can dedicate themselves fulltime to it, we will see rapid results. If they can create an actual ecosystem with a purpose the impact would be much larger than even all of these big vendors accepting "bitcoin" as payment only to immediately swap it out for fiat - at that point, they're just using bitcoin as an alternative payment processor because they're afraid of the "risk" - until it's treated like a currency it's just sidestep after sidestep. This is bigger than OctoCoin itself - it could prove to be a key piece of the movement in general.
I am as close to being on the inside as it gets without actually being on the inside... and, as I continue to exit my positions in alts, I continue to acquire 888. Everything will be easier to swallow once they roll out even their first project - it isn't going to take much for the trading price to jump up 10x (especially when nothing else of mention is really happening in the boring world of altcoins right now). It's smart to be cautious and smart to be skeptical in this market - they missed their target date and haven't said a word for nearly two weeks - I'm just telling you guys that I have no problem publicly vouching for the OctoCoin team. Just because their marketing doesn't seem to make sense... I assure you there is a method to their madness. It's one of the only alts that I can confidently buy and hold and there is truly nothing else like it.
Word!
