[ANN][WOLF] Project WOLF

[y3804]

Wow, pre-pump only? We're heading to 0.002 in less than two hours. Lots of people will want to get in.

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[illiki23]

I am perfectly happy that I sold my Wolf at 0.014.

I hope you guys have fun and it gets crazy today!  I will be watching.

[mmihai1978]

80 btc clears the order book up to 0.004.

I am unpleasantly surprised: I thought people are greedier than that!

wolf amount on the market continues to go down: now 44k (total amount sold by the dev: 78k)

btc on the market: 93 (78 from the dev + 15 from buyers going directly to the exchange).

doing a very dumb computation, implicit exchange rate clearing the whole market is 0.002

[y3804]

I am perfectly happy that I sold my Wolf at 0.014.

I hope you guys have fun and it gets crazy today!  I will be watching.

didnt think it would pre-pump that much, but look at the chart now.

even if you buy at 0.0015, theres a 99% guarantee youll be able to sell at 0.002+ and make a 25% profit.

as he said, 80 BTC clears the orderbook up to 0.004. I would buy if I had some BTC left on polo

[LancienMaleAlpha]

I am perfectly happy that I sold my Wolf at 0.014.

I hope you guys have fun and it gets crazy today!  I will be watching.

didnt think it would pre-pump that much, but look at the chart now.

even if you buy at 0.0015, theres a 99% guarantee youll be able to sell at 0.002+ and make a 25% profit.

as he said, 80 BTC clears the orderbook up to 0.004. I would buy if I had some BTC left on polo

Saying the 1 guy panicking last time and putting order at 0.00110 ? lol

Here you learn a lesson Mister Weak Hands

[illiki23]

I am perfectly happy that I sold my Wolf at 0.014.

I hope you guys have fun and it gets crazy today!  I will be watching.

didnt think it would pre-pump that much, but look at the chart now.

even if you buy at 0.0015, theres a 99% guarantee youll be able to sell at 0.002+ and make a 25% profit.

as he said, 80 BTC clears the orderbook up to 0.004. I would buy if I had some BTC left on polo

My intuition is there is a good chance the buy price will shoot back down as people compete to get in orders.

Either that or there is a good risk of not being able to get your order in, competing with others who also want that 0.002+ price.

[illiki23]

theres a 99% guarantee youll be able to sell at 0.002+ and make a 25% profit.

In terms of Math,  How can everyone have a 99% guarantee of being able to sell at 0.002+ when there is only enough Bitcoin to purchase everybody's order at 0.001?

[mmihai1978]

- new btc on the market in anticipation of next week
- people holding for the future
- people unwilling to sell below let's say .003.

[r0b1nuk]

this is brilliant. what a great idea.  im feeling really good about this. well done devs!

[mmihai1978]

the whole idea is valuable at least for the psychological insights, since it is a small and constrained experiment.

[InsanityDev]

let's be clear. everybody who has already sold in the pre pump has made a guaranteed profit already, everybody who was doing that pump may not have. The funny thing is we may yet see sell orders disappear and price really shoot up.. I mean if there's only 1 wolf at 70 BTC on market I have have to buy it! However, I am a bit disappointed, I /really/ wanted the cheap WOLF to destroy.

illiki23, remember this is not just a weekly game, it's a long term one too.. many will be holding or just trying to increase wolf balance.

r0b1nuk, thank you

looking forward to 18:00 lol

[y3804]

theres a 99% guarantee youll be able to sell at 0.002+ and make a 25% profit.

In terms of Math,  How can everyone have a 99% guarantee of being able to sell at 0.002+ when there is only enough Bitcoin to purchase everybody's order at 0.001?

Look at the quote below.

- new btc on the market in anticipation of next week
- people holding for the future
- people unwilling to sell below let's say .003.

+ fresh money entering the pre-pump

80BTC can cover up to 0.004. That's my logic. I don't care about the math behind it
With a fresh 20BTC entering the market today, we should expect 0.007-0.009 as being the upper limit

[illiki23]

80BTC can cover up to 0.004. That's my logic. I don't care about the math behind it
With a fresh 20BTC entering the market today, we should expect 0.007-0.009 as being the upper limit

Well, that is if everybody has put their orders in or assuming they will not move their price down when the dev starts buying.

[albertdros]

this is gonna be super interesting to watch. I put in a small amount of cash to try this out this week

[y3804]

80BTC can cover up to 0.004. That's my logic. I don't care about the math behind it
With a fresh 20BTC entering the market today, we should expect 0.007-0.009 as being the upper limit

Well, that is if everybody has put their orders in or assuming they will not move their price down when the dev starts buying.

We're greedy wolves. why sell at 0.0014 if I can make a 300% profit selling at 0.003+?

If everyone was playing safe, we would see a bunch of sell orders at 0.00105. But no ones playing the game for only a 5% profit

See, there's a nice 40% profit from selling at 0.0014. Yet no one is selling.

[r0b1nuk]

ITS ACTUALLY 88 btc to cover up to 0.004 at the moment. thanks to the power of excel lol

[InsanityDev]

nice thing is market cap changes

calculate: (((supply/11)*10)*BTC_WOLF)*BTC_USD
for example if it hits 0.004: (((987947.27558637/11)*10)*0.004)*632 = $2.27 million

[y3804]

ITS ACTUALLY 88 btc to cover up to 0.004 at the moment. thanks to the power of excel lol

??

80.5BTC to cover up to 0.004 as of RIGHT NOW.

Again, this is a 6 hours pump (according to OP). With fresh money entering the market, we should expect 0.005+

[InsanityDev]

I do have to say something, I feel compelled:

The other night in the InsanityWolf chat room people where planning on going to all the different trollboxes and chatrooms for various exchanges and tell everyone there is a huge pump going on over at Poloniex without telling them about the game, just to get naive investors to start buying it up.

I do think this is highly unethical, and whoever does this is scamming people.

I agree, please do not, I'll ask poloniex to put up a link to the Ann.

However, if people pump blindly and invest without doing so much as a google, then more fool them.

Please keep it fair though guys, you are a group of traders, these are your fellow traders you may be make life harder for, and there is enough scamming going on from miner and coin scams.

[r0b1nuk]

nice thing is market cap changes

calculate: (((supply/11)*10)*BTC_WOLF)*BTC_USD
for example if it hits 0.004: (((987947.27558637/11)*10)*0.004)*632 = $2.27 million

could that kind of action get it noticed on coinmarketcap.com? that would put it in 21st place with kind of action