[ANN][WOLF] Project WOLF

[InsanityDev]

BTC sent to Poloniex. https://blockchain.info/tx/04dbae08406dc5a5cdf56816b0c71f2316161726d644b8b1cdaf2f9ab54898a1

78.89644994 BTC after transaction fee. Once confirmed I'll place a low order in the book so everybody can see it's there. 18:00 I'll cancel, and start buying randomly between 18:00 and 23:59.

Best of luck to all you wolves!

[NWO]

This will be epic!

[InsanityDev]

This will be epic!

Yup!

update: 0.0001, 788964.4994 WOLF, 78.89644994 BTC temporary order placed so you can see funds are there, and this is happening

[MsCollec]

I had my sell order at 0.005

[ZeroK]

I had my sell order at 0.005

With buy support from outside the pot BTC, it is still possible for it to reach and even exceed that.

[NWO]

This will be epic!

Yup!

update: 0.0001, 788964.4994 WOLF, 78.89644994 BTC temporary order placed so you can see funds are there, and this is happening

Great to see. This should bring confidence to those still in doubt about your integrity.

[stereotype]

This will be epic!

Yup!

update: 0.0001, 788964.4994 WOLF, 78.89644994 BTC temporary order placed so you can see funds are there, and this is happening

Its not beyond the realms of possibility, that a fat-finger could spoil proceedings, at that level. 

[InsanityDev]

update: 0.0001, 788964.4994 WOLF, 78.89644994 BTC temporary order placed so you can see funds are there, and this is happening

Its not beyond the realms of possibility, that a fat-finger could spoil proceedings, at that level. 

no, that's 10x more than all the WOLF in circulation, and 100x+ more than any single person holds. So a fat finger could at most take under 1% of the pot, and would raise the overall value of WOLF in the long term for holders. tldr; a fat finger would be good for everybody apart from one person

[ans34]

Poloniex works bad - page opens one time from 5

[stereotype]

update: 0.0001, 788964.4994 WOLF, 78.89644994 BTC temporary order placed so you can see funds are there, and this is happening

Its not beyond the realms of possibility, that a fat-finger could spoil proceedings, at that level. 

no, that's 10x more than all the WOLF in circulation, and 100x+ more than any single person holds. So a fat finger could at most take under 1% of the pot, and would raise the overall value of WOLF in the long term for holders. tldr; a fat finger would be good for everybody apart from one person

Gotcha.  

Thought provoking figures/math, in the context of tonight's event    

[SocialCoin]

Just a short recommendation - since some of you are going to make a nice sum of BTC on Poloniex, buy some SOC with that!
SocialCoin is an excellent coin with a great prospect and aim.
It's a charity coin and its current value is very low (which means that charities are making far less).
SOC is traded on Poloniex.

Enjoy and good luck to all Wolf traders.

[mmihai1978]

it would be so friggin' funny if the min ask moves to 0.002.

anyway, this is an unique opportunity to watch whale hunting. . Just like bbc documentaries, but this time with humans and money.

market is up 20% in anticipation, both bid and ask.

[JTB800]

From the front page:

Yes, if you send 100 coins, a 10 coin fee will be added and destroyed (requiring you to have 110 to send 100). We encourage you to make as many transactions as possible.
To calculate fees incurred: send_amount * 1.1 = total_to_send
or the other way: total_to_send/11 = fee, total_to_send - fee = send_amount


Ok, I am sure that this is a stupid question, but I thought that I would rather look stupid now rather than later (or both!). Does this apply to sales as well? In other words, to use your 100 coin example, let's say I love the BTC offers on tonight's activities. Am I offering a full 100 shares for sale? Or do I offer less as I can only "send" 90.90909.

100 divided by 11=9.090909
100-9.090909=90.90909

90.90909 times 11=99.9999999

I assume that like BTC, if I try to sell 100 the Poloniex wallet will say not enough funds for fee (I can't remember the exact wording of the BTC wallet) and will ultimately only allow me to put up 90.090909 for sale -- is that correct?

[InsanityDev]

From the front page:

Yes, if you send 100 coins, a 10 coin fee will be added and destroyed (requiring you to have 110 to send 100). We encourage you to make as many transactions as possible.
To calculate fees incurred: send_amount * 1.1 = total_to_send
or the other way: total_to_send/11 = fee, total_to_send - fee = send_amount


Ok, I am sure that this is a stupid question, but I thought that I would rather look stupid now rather than later (or both!). Does this apply to sales as well? In other words, to use your 100 coin example, let's say I love the BTC offers on tonight's activities. Am I offering a full 100 shares for sale? Or do I offer less as I can only "send" 90.90909.

100 divided by 11=9.090909
100-9.090909=90.90909

90.90909 times 11=99.9999999

I assume that like BTC, if I try to sell 100 the Poloniex wallet will say not enough funds for fee (I can't remember the exact wording of the BTC wallet) and will ultimately only allow me to put up 90.090909 for sale -- is that correct?

Selling on the exchange is different, the only fee incurred is their trading fee.
The tx fee of 10% happens when you send WOLF between addresses.

[JTB800]

Selling on the exchange is different, the only fee incurred is their trading fee.
The tx fee of 10% happens when you send WOLF between addresses.

OK, that makes sense. The actual 10% destruction will only happen once you (or whomever) buys my 100 coins, for example, and moves them to another wallet.

Thanks!

[y3804]

Did I miss something obvious? It's not 18:00 UTC yet, but the price has already climbed 50%?

[mmihai1978]

poloniex is getting flaky under the load.

it would be a shame to have this Sunday spoiled because of the exchange!

[BitAddict]

Did I miss something obvious? It's not 18:00 UTC yet, but the price has already climbed 50%?

It is completely logic, lot of people wanted to trade/invest bud they didn't do it for the risk of being scammed. Now that they see that bitcoins are waiting in the exchange ready to pump they don't want to miss the action.

[InsanityDev]

poloniex is getting flaky under the load.

it would be a shame to have this Sunday spoiled because of the exchange!

I'm unsure if it's load or something else, I imagine load is not high yet - I've reached out to Poloniex for status, quite sure it'll be resolved quickly

Did I miss something obvious? It's not 18:00 UTC yet, but the price has already climbed 50%?

I think you may have, I've tried to say all week that I won't be the only one buying. Everybody knows there is 70+ BTC going in to the market later, if they can buy for 4%/40% higher and sell of 200% higher than base, they of course will. It's an easy strategy.

Everybody has a different approach, and it appears everybody is working for individual interest at the moment. You could also all work as a pack and offer up half of your WOLF at 2x the price you bought it for, all taking out your original BTC and getting free WOLF. Or 25%/4x or whatever.

Interesting to watch, later will be very fun.

[mmihai1978]

amount of wolf on pex is decreasing.

it was 47000 now down to 45000.

i expected (jokingly) that the market moves to 0.002 in anticipation of dev's buys. We are halfway there.