[ANN][WOLF] Project WOLF

[y3804]

Even if WOLF went up to 0.04 BTC per coin

Even?! That's all you expect?  

My personal expectations don't come in to it I just said a figure that equated to a $10m market cap (~540000*0.04*500 [all-wolf*wolf_btc*btc_usd]=~$10m)

(all: for updates + discussion see https://bitcointalk.org/index.php?topic=471166.msg5438847#msg5438847 and https://bitcointalk.org/index.php?topic=471166.msg5449872#msg5449872 )

Expect more than 10 BTC from myself in the next 24 hours

[1715446245]

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[mmihai1978]

@y3804: you're getting too big for this market .

85 btc clear the sell book until 0.0027. The wolves are looking like little lambs, happy with 5% profit .

[InsanityDev]

pot: 85.5 BTC with 60+ pending.. so half way through week 3's pot now!

it seems i correctly forecasted the pot of this week will be 150 btc .

question: if you sell 200 btc this week, the market of 0.001 wolf will still be open next week, right?

Yes, see https://bitcointalk.org/index.php?topic=471166.msg5265447#msg5265447

Put another way. There are 9 weekly pots of 100 BTC. When one is full we start filling up the next until all are full. Once all are full, the WOLF supply is empty, it's all sold.

Market wise, the ideal is to have all pots full before the 9 weeks are up, ideally half way through. Then we have a free market with a 100 BTC bump each week.

Myself and an investor are moving some other currencies around in to BTC at the minute, so I expect this weeks pot to be full, and now most of next weeks also.

[mmihai1978]

when i'm hearing this, i'm getting in a hoarding hedgehog mood :-)

[flo_k]

• the network needs supported, and miners need rewarded for that support

What do you think about mining for transaction fees (Premine model - http://pmc.cryptotycoons.com/ )?

[InsanityDev]

• the network needs supported, and miners need rewarded for that support

What do you think about mining for transaction fees (Premine model - http://pmc.cryptotycoons.com/ )?

Yes, that is an option too. With fixed, or percentage, fees.

We could also have a split tx fee, with partial destruction and part going to the miners

ps: just consider the pot full now 100 BTC, and most of next weeks, we have 93+60 BTC - quite a big day for WOLF

[BlackMarket]

ps: just consider the pot full now 100 BTC, and most of next weeks, we have 93+60 BTC - quite a big day for WOLF

how about my order? i have sent 1BTC

[InsanityDev]

ps: just consider the pot full now 100 BTC, and most of next weeks, we have 93+60 BTC - quite a big day for WOLF

how about my order? i have sent 1BTC

It, and all outstanding orders, have been sent a few moments ago

[sickcoin]

Between 18:00 and 23:59 UTC dev will be using the BTC pot (max 100) on market to acquire as much WOLF as possible using numerous strategies.

This is the time it will start tomorrow right?

[InsanityDev]

Between 18:00 and 23:59 UTC dev will be using the BTC pot (max 100) on market to acquire as much WOLF as possible using numerous strategies.

This is the time it will start tomorrow right?

The supply stops at 12:00 UTC tomorrow through till 10:00 UTC on monday.
Between 18:00 and 23:59 I will be buying 100 BTC worth of WOLF on the market with the btc pot.
Although that doesn't mean I'll start or finish at exactly those times, I may be trading for 4 minutes or 4 hours

[sickcoin]

Between 18:00 and 23:59 UTC dev will be using the BTC pot (max 100) on market to acquire as much WOLF as possible using numerous strategies.

This is the time it will start tomorrow right?

The supply stops at 12:00 UTC tomorrow through till 10:00 UTC on monday.
Between 18:00 and 23:59 I will be buying 100 BTC worth of WOLF on the market with the btc pot.
Although that doesn't mean I'll start or finish at exactly those times, I may be trading for 4 minutes or 4 hours

Ok great just to know we have a 6 hour timeframe,

What about not giving any hint this time, i.e. when is done or how much is left

[BlackMarket]

ps: just consider the pot full now 100 BTC, and most of next weeks, we have 93+60 BTC - quite a big day for WOLF

how about my order? i have sent 1BTC

It, and all outstanding orders, have been sent a few moments ago

Ok, i think if pot full, order supply will stop too 
happy now can check transaction in chain http://5.9.111.71:2750/chain/InsanityCoin/address/

[InsanityDev]

update

• Week 2 (this week) BTC Pot is full at 100 BTC
• Week 3 (next week) BTC Pot is at ~53.5 ~70 BTC (29.5 confirmed, 30 pending for deposit tomorrow, 10 monday)
• WOLF supply closes at 12:00 UTC tomorrow for the week (14 hours)

[capsized]

What about not giving any hint this time, i.e. when is done or how much is left

This.

[InsanityDev]

What about not giving any hint this time, i.e. when is done or how much is left

This.

Deal Please appreciate that last week I had to keep everyone updated in order to mitigate fears of me running with mass of bitcoin. Tomorrow you'll hear nothing from me between 18:00 and 23:59.

Looking forward to watching the troll box on poloniex

[drakoin]

It would be good to have a place to read all your updates, without needing to search for it between other messages. But I want to keep the other messages as well, as they have sometimes good tips, definitely during Sundays ;-).

I would like to learn how to tweak the forum search function to return the following:

* All postings by one or several users, here: InsanityDev
* in one or several threads, here 471166
* e.g. from new to old, or from most-answered-too to least-perceived ...

That would have helped me in many situations already. And if only to quickly find my own postings.

Moreover, wouldn't it be lovely, if there is one more "Show new replies to your posts." but which really only shows the single answers not the thread?



Until we have found out how to do that (or persuaded the forum devs to implement it) I suggest to you to use this function:
https://bitcointalk.org/index.php?action=profile;u=249989;sa=showPosts

[InsanityDev]

consider me offline for the night now, all outstanding wolf sent.

[ZeroK]

Poloniex seems to be having some issues.

Will it be fully functional for Insanity Sunday?

Is there a fall back plan, on what would happen to Insanity Sunday if Poloniex cannot provide sufficient service to ensure fairness?

If Insanity Sunday has to be cancelled, for whatever reason, would it be followed by Insanity Monday, would the next Sunday be Insanity Sunday x 2 (ie 200 BTC pot), or would it be skipped, adding an extra week at the end instead?

[MsCollec]

Poloniex.com is down, atm have some sell order at ridiculous Low price 

[ZeroK]

Poloniex.com is down, atm have some sell order at ridiculous Low price 

It is working for me occasionally, but it does seem to come and go. A recent deposit took much longer to confirm on Poloniex than it did on the blockchain.

If you need to access it, you could refresh regularly to see if it works for you, but not too much, otherwise you might add to their troubles with the DDoS.