No actually, in all seriousness, the eye is the All-Seeing Eye of God, and the octagram represents to me that all actions have consequences, which in turn cause other actions that have consequences, and so on and so on, like dominoes. :O
Since when do pentagrams have 8 points? Besides, all it does is lay a lifelong curse on anyone who looks into the eye, and of course you didn't look into the eye, right? >:D