Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [888] [SCRYPT] OctoCoin ◦ The Power of Eight ◦ Don't Blink
by
CryptoBroker79
on 21/10/2014, 00:35:47 UTC
Saw this, thought of octocoin:

http://www.businessinsider.com/average-shareholder-in-apple-supplier-gtat-pleads-with-bankruptcy-court-2014-10

The series of events aren’t the same, but the helplessness in this small investor’s letter is how I feel vs. the actions so far of the octocoin developers.

The letter writer stands to lose far more on GTAT than I will on octocoin, and I hope far more than anyone will on octocoin. I feel terrible for him.

What hit me as most painfully similar to octocoin?

He’s a small investor who will lose money, like me, because he believed in an organization that ultimately proved extremely unworthy of his trust, and like me, he’s powerless to do anything about it.

The morale of this story;
Don't invest more than you can afford to lose!