daniklo
Newbie
Offline
Activity: 39
Merit: 0
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March 02, 2014, 06:02:32 PM |
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cancel those stupidly low orders!
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InsanityDev (OP)
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March 02, 2014, 06:26:15 PM |
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cancel those stupidly low orders!
too late: 75,185.33554462 WOLF acquired [done] starting to become very clear how whales make money
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mmihai1978
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March 02, 2014, 06:29:29 PM |
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what a great night, very good game! Next time forget the huge buy walls, you made someone very happy! (not me)
Insanity Dev - actually i am starting not to understand.
huge whales are actually driving the prices down, if what I see is right. people are running all at once to the door!
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r0b1nuk
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March 02, 2014, 06:34:24 PM |
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cancel those stupidly low orders!
too late: 75,185.33554462 WOLF acquired [done] starting to become very clear how whales make moneythat buy pump was only 50k wolf
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Bitrated user: r0b1nuk.
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flo_k
Member
Offline
Activity: 70
Merit: 10
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March 02, 2014, 06:37:56 PM |
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too late: 75,185.33554462 WOLF acquired [done]
What are you waiting to finish?
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mmihai1978
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March 02, 2014, 06:39:14 PM |
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he's finished
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gtac01
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March 02, 2014, 06:39:57 PM |
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that is not the dev at .0007, pump is over, dump is starting.
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flo_k
Member
Offline
Activity: 70
Merit: 10
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March 02, 2014, 06:42:27 PM |
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he's finished You're right, I read 75.185 BTC
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thesamson
Member
Offline
Activity: 84
Merit: 10
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March 02, 2014, 06:51:15 PM |
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cancel those stupidly low orders!
too late: 75,185.33554462 WOLF acquired [done] starting to become very clear how whales make moneySo no silence from 1800 - 2359? Buy is really done?
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Zeegeuze
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March 02, 2014, 06:54:46 PM |
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You mean the price went higher BEFORE the dev started buying then during trading??
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y3804
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March 02, 2014, 06:56:22 PM |
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You mean the price went higher BEFORE the dev started buying then during trading??
Dev controls the market price. We act accordingly to his sell/buy walls. P.S. Sorry dev.
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mmihai1978
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March 02, 2014, 06:57:18 PM |
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not really.
i think dev bought at an average of 37 - 38% max - 50% min - 20%.
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InsanityDev (OP)
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March 02, 2014, 06:58:00 PM Last edit: March 03, 2014, 02:31:15 AM by InsanityDev |
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Insanity Sunday - Week 2 ResultsSummary- Total Pot: 100 BTC
- Total Acquired: 75185.33554462 WOLF
- Percentage Acquired Back: 75.185% of WOLF sold.
- Average Price: 32.74% over base (0.00132739 BTC)
- Maximum Price: 43.7% over base (0.001437 BTC)
- Minimum Price: 10% over base (0.0011 BTC)
- Trade List: http://5.9.111.71/results/w2/trades.csv
Coin DestructionTotal to Destroy: 75185.33554462 WOLF I'd like to thank everybody who took part in the second Insanity Sunday. Coin Supply opens at 10:00 UTC tomorrow for week three BTC Pot for week 3 already full, on to week 4 now I will always post as soon as I'm finished buying, keeps things fair, don't expect it so early every week thoughremember things get very interesting when coin supply runs out, as no price reset or supply
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Zeegeuze
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March 02, 2014, 07:01:17 PM |
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What a difference with last week! Didn't sell any of my coins... Can't understand people putting their prices below the start price! Last week it went up to 0.00225, starting from the same rate of 0.0014.
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mmihai1978
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March 02, 2014, 07:02:20 PM |
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next week prices will be even lower. i am even afraid to step back in. i think insanity sunday should be insanity weekend, spread equally over the whole weekend. it will bring much more uncertainty in the market and no more dumping in the dev walls.
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InsanityDev (OP)
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March 02, 2014, 07:04:44 PM |
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One comment this week, about whale handling: If somebody is buying a large amount of x-coin, and they put up a sell wall, it is painfully obvious that they are just trying to get your coins off you cheaper. If I put up a sell wall, when you know I must buy as a fact, why would you move underneath it? Weak hands. next weeks pot is full, primarily from an investor who is holding way past 9 weeks, week 4 pot is starting to fill results from week 2: https://bitcointalk.org/index.php?topic=471166.msg5467732#msg5467732supply reopens at 10:00 UTC monday re-opening discussion on long term block chain parameters tomorrow, please comment: proposal and last post discussing.
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The One
Legendary
Offline
Activity: 924
Merit: 1000
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March 02, 2014, 07:07:27 PM |
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next week prices will be even lower. i am even afraid to step back in. i think insanity sunday should be insanity weekend, spread equally over the whole weekend. it will bring much more uncertainty in the market and no more dumping in the dev walls. If there are less coins - rarer - should price go up, assuming there is demand? Problem is that as there are less coins, buying at .001 should go up every week according to the percentage of coins destroyed.
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| ..................... ........What is C?......... .............. | ...........ICO Dec 1st – Dec 30th............ ............Open Dec 1st- Dec 30th............ ...................ANN thread Bounty....................
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mmihai1978
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March 02, 2014, 07:08:20 PM |
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because you have 100,000 wolves running to an exit, through a small door, and they don't care too much about the price, as long as it is above .001
the floor price is set, so it is a race to be the first. the behavior of sellers is 100% rational.
there can be no coordination between dozens of individuals and no collusion of prices on the sell side.
we may collude in buying below 0.001, but that's it.
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Blackblanco
Member
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Activity: 90
Merit: 10
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March 02, 2014, 07:09:50 PM |
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One comment this week, about whale handling:
If somebody is buying a large amount of x-coin, and they put up a sell wall, it is painfully obvious that they are just trying to get your coins off you cheaper. If I put up a sell wall, when you know I must buy as a fact, why would you move underneath it? Weak hands.
What He said ^ So glad for the existence of the weak. Will make coin supply dwindle even faster. Then game might not be so boring.
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"Money is better than poverty, if only for financial reasons." - Woody Allen Robbed of 6700 BC, bought at 3k sat. Donations much appreciated. BMzphiQ2NVXotkVCA7zECo5FfbAjrt368u ZET: ZRKFgHFhKYiyL6r1o3cU5swwvF2GBoAEjt
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InsanityDev (OP)
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March 02, 2014, 07:12:40 PM |
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If there are less coins - rarer - should price go up, assuming there is demand?
Problem is that as there are less coins, buying at .001 should go up every week according to the percentage of coins destroyed.
Tipping point for the coin is the week when supply is gone, then we just have a circa 500k coin economy which has a 100 BTC injection each week, for x weeks. We are on target to hit that point fast, thanks to supply far outweighing demand (2x+), and weak hands (or maybe they are just growing wolf holdings!)
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