InsanityDev (OP)
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February 23, 2014, 08:24:03 PM |
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of course he is not done, he pretends it's all over and he is now buying at depressed prices. 5000 wolf disappeared from the sell order book in the last 10 minutes.
honestly, it's done.
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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drakoin
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February 23, 2014, 08:27:54 PM |
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RESULTS: 92 + 22 + 39 = 153 153/3 = 51 average 2/3 of average = 34 and we have a winner ... Congratulations, Frogcoin, you guessed 39. PM me your wallet addresses to get your reward. Thank you "everyone" for playing :-) It's game theory, have a look: http://en.wikipedia.org/wiki/Guess_2/3_of_the_averageTo theorize a bit about the trouble we are in, let's play an old game for a minute:
Everyone PM me a number now between 0 and 100, inclusive. The winner will be the one who is closest to 2/3 of our average.
The winner will get 1 Wolfcoin ... and 1000 Animecoins.
I will stop either at 20 messages (not to have too much work), or at 20:20 Poloniex time.
Go.
EDIT: And STOP! 20:20
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no sign of a signature
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mmihai1978
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February 23, 2014, 08:29:01 PM |
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of course he is not done, he pretends it's all over and he is now buying at depressed prices. 5000 wolf disappeared from the sell order book in the last 10 minutes.
honestly, it's done. ok, waiting for the results. Congratz for today!
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hammer1
Member
Offline
Activity: 73
Merit: 10
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February 23, 2014, 08:32:03 PM |
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That would be so devious and brilliant if he lied about being done. REMEMBER he is not our friend in these 6 hours! It is up to you to keep track of the BTC flow.
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illiki23
Sr. Member
Offline
Activity: 602
Merit: 295
Hail Eris!
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February 23, 2014, 08:32:30 PM |
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Looks like 22 would have won if more people had played.
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drakoin
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February 23, 2014, 08:35:24 PM |
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Looks like 22 would have won if more people had played. But they would have to be Danish, too.
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no sign of a signature
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BlackMarket
Sr. Member
Offline
Activity: 322
Merit: 250
Super Smash Bros. Ultimate Available Now!
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February 23, 2014, 08:40:38 PM |
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I dont know if dev finished or not. but 24 hours volume 133 BTC. i made profit about 100 Wlf, not bad
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drakoin
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February 23, 2014, 08:42:29 PM Last edit: February 23, 2014, 09:02:17 PM by drakoin |
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24 hours volume 133 BTC.
... and the total Poloniex BTC-volume is "only" 486.703 BTC (24-hour volume top right on the screen)
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InsanityDev (OP)
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February 23, 2014, 09:04:26 PM Last edit: February 24, 2014, 05:24:35 PM by InsanityDev |
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Insanity Sunday - Week 1 ResultsSummary- Total Pot: 79.52639466 BTC
- Total Acquired: 43940.88047998 WOLF
- Percentage Acquired Back: 55.25% of WOLF sold.
- Average Price: 80.98% over base (0.001809845 BTC)
- Maximum Price: 125% over base (0.00225 BTC)
- Minimum Price: 45% over base (0.00145 BTC)
- Market Activity: ~$85,000 USD (134 BTC @ $630)
- Peak Market Cap: $1,273,100 USD (((987947.27558637 /11)*10)*0.00225)*630
- Trade List: http://5.9.111.71/results/w1/trades.csv
Developer Feedback:I honestly expected to be getting 25%-30% back with an average price of 0.003 / max 0.005 today. I was pleasantly surprised I managed significantly better. I was amazed that people kept making each others bids cheaper. I thought most would have realised that if one person decides to go lower the best thing you can do is go higher, then they are left by themselves with no support. I made this clear through the week, yet still everybody went lower even with additional BTC in the pre-pump, and a known pot of almost 80 BTC coming in minutes or hours. For wolf and the pack long term, the most efficient model is "free wolf", buy 100, sell 50 for original investment = 50 free wolf, this forces exponential purchase of wolf, the faster it runs out, the faster it's a normal market with guaranteed bumps and no fixed supply available. This also maximises profit long term for the individual. Mid way is as above but with reinvestment in to wolf, driving your overall purchase price down and wolf balance up ( 100+( 50*8 ) = 500 WOLF for 0.1 BTC with a value of 0.5 BTC, 400% profit over base, real profit probably xxxx%). Short term and the lowest profit, but most guaranteed on a per week basis is the individual strategy sell everything each week for btc profit. This still benefits the pack as it's destroyed, lowering the coins in circulation making each single wolf worth more, but does reduce every bodies profit overall, most significantly the one with this individual strategy. This is the only week I'll give feedback, various strategies have been discussed in my previous posts. Other Updates- new stable windows-qt client ready for tomorrow (thanks pompobit!)
- new stable mac client ready for tomorrow (thanks the samson)
Coin DestructionTotal to Destroy: 43940.88047998 destroyed: 363.36363636destroyed: 39946.5277091destroyed: 3630.98913454You can see the money supply decreasing here, here, and again hereI'd like to thank everybody who took part in the first Insanity Sunday. Coin Supply opens at 10:00 UTC tomorrow for week two.
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mmihai1978
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February 23, 2014, 09:10:28 PM |
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will you list your sale orders also?
the csv has only the buys.
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InsanityDev (OP)
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February 23, 2014, 09:13:39 PM |
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will you list your sale orders also?
the csv has only the buys.
There are 3 sales. That's every trade I did this week.
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mmihai1978
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February 23, 2014, 09:15:21 PM |
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unbelievable. if someone says 'wisdom of the crowds' ever again i will refer them to this thread!
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BlackMarket
Sr. Member
Offline
Activity: 322
Merit: 250
Super Smash Bros. Ultimate Available Now!
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February 23, 2014, 09:30:23 PM |
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will you list your sale orders also?
the csv has only the buys.
There are 3 sales. That's every trade I did this week. so, every insanity week you make sell order ?
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InsanityDev (OP)
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February 23, 2014, 09:32:32 PM |
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so, every insanity week you make sell order ?
no, every week I do something different, and I won't always start at 18:00, may leave it till last second, or, or, or
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BlackMarket
Sr. Member
Offline
Activity: 322
Merit: 250
Super Smash Bros. Ultimate Available Now!
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February 23, 2014, 09:37:32 PM |
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so, every insanity week you make sell order ?
no, every week I do something different, and I won't always start at 18:00, may leave it till last second, or, or, or but you will announce the time before you enter market, right?
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mmihai1978
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February 23, 2014, 09:37:35 PM |
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can you please start earlier (like 2 - 3 hrs earlier) and have it last 3 - 4 hours (not 6)?
This week (the hardest) you got finished in 2 hours.
it's difficult for those in utc+2 / 3 / 4 / etc
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capsized
Member
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Activity: 67
Merit: 10
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February 23, 2014, 09:39:30 PM Last edit: February 23, 2014, 10:17:51 PM by capsized |
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unbelievable. if someone says 'wisdom of the crowds' ever again i will refer them to this thread!
"The IQ of a mob is the IQ of its most stupid member divided by the number of mobsters." — Terry Pratchett I could only trade from my phone today and when I got to a PC it was already over. Still I cracked down couple sell walls to put them up a bit higher again. I sold everything at an average of around 0.0015 BTC. Which is lower than dev's average buyback price, but I still consider myself a happy camper. Next week will be a tighter competition with the 45% of this weeks WOLF still floating around. Let's max out the pot next week, shall we? edit: I accidentally a zero
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LancienMaleAlpha
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February 23, 2014, 09:39:35 PM |
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Sold at 0.0022 fuk im good Expect for next week, a lowest hight, since a lot will be stucked with coins, and will starting to stress, and put low sell orders , just to be sure they are filled. Some factors can change this like : Non topic buyers from poloniex buying above 0.001
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albertdros
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February 23, 2014, 09:41:06 PM |
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can you please start earlier (like 2 - 3 hrs earlier) and have it last 3 - 4 hours (not 6)?
This week (the hardest) you got finished in 2 hours.
it's difficult for those in utc+2 / 3 / 4 / etc
the rules are clear. If you can't join, don't play.
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mmihai1978
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February 23, 2014, 09:49:36 PM |
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rules may be improved based on actual vs intended results.
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