mmihai1978
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February 23, 2014, 07:00:19 PM |
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i am out at 80% net profit for a today. As the saying goes, the pigs get slaughtered . nice game, dev is quite good at trading
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hammer1
Member
Offline
Activity: 73
Merit: 10
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February 23, 2014, 07:00:59 PM |
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Pretty sure only the Dev had that much to dump, though...There's been 89 BTC bought since the start, dev only had 78, still has walls up, so definitely others buying / dev selling to himself. Interesting stuff.
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andyatcrux
Legendary
Offline
Activity: 938
Merit: 1000
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February 23, 2014, 07:01:14 PM |
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The address that the dev deposited the 78 BTC into has had NO transactions yet as far as I can tell from the blockchain explorer. If he is buying and selling it would be out of his personal BTC.
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drakoin
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February 23, 2014, 07:01:39 PM |
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It's really about predicting cleverness ... and trust into each others cleverness.
If the scared majority feels alone ... and falls for the mind games, then its easy for the dev.
If we think as a pack, and enough of us (in terms of the WOLF we are holding) are clever enough, and have strong enough nerves ... we are rewarded with an incredible profit.
It's already more a game than just earning money, isn't it? I want that we win. How can we protect the puppies from being eaten?
And yes, there are 8 more Insanity Sundays left, so the "danger" is not really the existential danger of loosing everything.
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no sign of a signature
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andyatcrux
Legendary
Offline
Activity: 938
Merit: 1000
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February 23, 2014, 07:01:58 PM |
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InsanityDev (OP)
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February 23, 2014, 07:03:33 PM |
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37351.70707517 WOLF
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gtac01
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February 23, 2014, 07:03:40 PM |
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i put my sells at 0.005 and thats it. if it doesn't sell, who cares? Can just join again next week. Excited to see the result report tomorrow Negative, next week will have the left over supply from week1 PLUS week2 new supply. Also, this week the pot reached 80 BTC so it is possible next week it will go above 100 btc. If the buys exceed 100 btc then the supply will be: (WEEK 1 BAGHOLDERS) + (NEW WEEK 2 BUYERS) + (NEW WEEK 2 BUYERS PAST 100 BTC) and the pot will be: (100 BTC MAX) So the week 2 ratio of SUPPLY to POT = ((WEEK 1 BAGHOLDERS) + (NEW WEEK 2 BUYERS) + (NEW WEEK 2 BUYERS PAST 100 BTC)) / (100 BTC MAX) Week 1 only had this ratio: (WEEK 1 BUYERS) / (80 BTC)
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andyatcrux
Legendary
Offline
Activity: 938
Merit: 1000
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February 23, 2014, 07:05:35 PM |
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Well, all the BTC just left that address.....
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r0b1nuk
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February 23, 2014, 07:06:20 PM |
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well that was great fun! made a very tidy profit and im done!
ill be back on monday ready to play again!
thanks insanity dev!! time for dinner and to count my MMMUUUUNNNNIIEEESSS! lol
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Bitrated user: r0b1nuk.
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drakoin
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February 23, 2014, 07:09:29 PM |
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37351.70707517 WOLF
What does that mean. You finished?
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InsanityDev (OP)
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February 23, 2014, 07:10:36 PM |
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Well, all the BTC just left that address.....
That address is the account address at poloniex, the original btc is in their wallet now. If somebody withdraws from their account at poloniex, odds are some of it will come from that transaction since it's so big. BTC leaving it has nothing to do with us wolves (although it's probably one of you withdrawing profit). ps: not finished, just an update on total so far. I expected to get far less and have to pay far more, had always assumed I'd be buying back roughly 25%, but seems you all wanted less profit (or less free wolf)
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mmihai1978
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February 23, 2014, 07:12:55 PM |
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ps: not finished, just an update on total so far. I expected to get far less and have to pay far more, had always assumed I'd be buying back roughly 25%, but seems you all wanted less profit (or less free wolf)
it's the blood of the pups on your hands
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drakoin
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February 23, 2014, 07:13:54 PM |
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ps: not finished, just an update on total so far. I expected to get far less and have to pay far more, had always assumed I'd be buying back roughly 25%, but seems you all wanted less profit (or less free wolf)
yes, this is a very scared, fearful and (in another sense) trustless community. And the problem is, it doesn't really matter how much trusting I am, it matters what I think how much the majority is trusting.
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no sign of a signature
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illiki23
Sr. Member
Offline
Activity: 602
Merit: 295
Hail Eris!
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February 23, 2014, 07:16:54 PM |
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ps: not finished, just an update on total so far. I expected to get far less and have to pay far more, had always assumed I'd be buying back roughly 25%, but seems you all wanted less profit (or less free wolf)
yes, this is a very scared, fearful and (in another sense) trustless community. And the problem is, it doesn't really matter how much trusting I am, it matters what I think how much the majority is trusting. How is encouraging the pack to not dig into the profits, so that only a few can make a large profit, a sign of a trusting community? It is somewhat greedy, in a true Wolf pack everyone gets a share even if it is smaller. I think we did real good today. I got a bite, many others got theirs.
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andyatcrux
Legendary
Offline
Activity: 938
Merit: 1000
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February 23, 2014, 07:19:09 PM |
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This is a unique situation. While we benefit from coordinating, in the end there is competition in play.
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mmihai1978
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February 23, 2014, 07:23:16 PM |
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actually, because of lack of coordination the dev played the market so well. the Byzantine Generals bag holders problem
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MsCollec
Legendary
Offline
Activity: 1400
Merit: 1000
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February 23, 2014, 07:23:55 PM |
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Everyone should move their sell order to above 0.002, I can't believe just one guy is beating us
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drakoin
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February 23, 2014, 07:24:45 PM |
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I was just reacting to the dev's surprise how cheap he got his first batch of WOLFs.
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no sign of a signature
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andyatcrux
Legendary
Offline
Activity: 938
Merit: 1000
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February 23, 2014, 07:25:09 PM |
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Agreed. I am holding above that level (above .002). This is not over yet.
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svojoe
Legendary
Offline
Activity: 968
Merit: 1000
einc.io
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February 23, 2014, 07:25:20 PM |
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Crypto Rewards the Faithful! MOVE LIKE ONE!
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