[ANN][WOLF] Project WOLF

[InsanityDev]

I really should move that dev status!

All pending WOLF orders have been sent out.

The BTC pot is at ~84.44 BTC at the moment.

I'll shut the supply in one hour (13:00 UTC) today, to give time for last orders.

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[InsanityDev]

WOLF Supply now closed for insanity sunday

[y3804]

When does trading start?

Also, make sure to join the IRC!

https://kiwiirc.com/client/irc.freenode.net/#insanitycoin

[y3804]

Dev still not active, pot still not t ransfered to poloniex. i guess well have to wait longer this time

[hammer1]

Didn't start til 19:00 UTC last week I believe.

[InsanityDev]

Didn't start til 19:00 UTC last week I believe.

BTC transfer is under way, I'll be trading for several hours as soon as it's cleared at poloniex. Presume eta 20-30 minutes from now, depending on BTC block finding of course!

[ap3311]

Made approx 20% this week; not as much as previously but that's to be expected.

Interesting to see some cheap sell orders on Poloniex now, almost 10% less than the dev price.

[capsized]

Interesting to see some cheap sell orders on Poloniex now, almost 10% less than the dev price.

Noticed that as well and grabbed me some cheap WOLF.

If I remember the previous week correctly dev kept trading on Sunday and left his sell walls over night,
then swept up the market in the morning.

This weekend I couldn't follow the flow and ebb of dev's trading, but I still kinda expect this to be the case again.


Edit: I accidentally a word

[coinlover57]

Made approx 20% this week; not as much as previously but that's to be expected.

You must have missed the best part of the trading when the dev was making very fast swings. I made around 65% profit. I know some people made even more.

PS: Happy birthday Dev

[Philll90]

Happy Birthday Dev!

[ap3311]

Made approx 20% this week; not as much as previously but that's to be expected.

You must have missed the best part of the trading when the dev was making very fast swings. I made around 65% profit. I know some people made even more.

PS: Happy birthday Dev

Yeah I missed out on quite a few of the waves with orders too high and also missed some of the insanely fast ones. Still happy though and looking forward to next weekend.

[DrReaper]

Can I mine wolf or is it trade wolf only? I have hit a couple of blocks but I didn't get any wolf in my wallet.

[Philll90]

Can I mine wolf or is it trade wolf only? I have hit a couple of blocks but I didn't get any wolf in my wallet.

only trading

[Painful Truth]

The pice is pretty stable.. apart from small shocks on insanity sundays 

[mmihai1978]

how to purchase coin this week, what is the new adress?

[illiki23]

how to purchase coin this week, what is the new adress?

It is pretty cheap on the market right now.  Buy on the market to help us get the price back up while getting discount wolf!

[mmihai1978]

unfortunately, this is not what i was expecting . This cheap market is quite frightening for me.

If everyone buys on the market, this means there will be no pot for the Dev next Sunday; thus, there will be bloodbath in respect of prices.

[illiki23]

unfortunately, this is not what i was expecting . This cheap market is quite frightening for me.

this means there will be no pot next Sunday and there will be bloodbath in respect of prices.

It is all part of the game.   We had to expect some bloodbaths eventually.

A smart wolf might go buy up the sell orders and put a wall up at .001 themselves.  We need to push the price back up or there will not be a large pot next weekend like you said.

[mmihai1978]

why would anyone buy into an iliquid position when there is no way out?

Right now there are 12 btc worth of sell orders below 0.001.

[ap3311]

Yeah I don't understand what those people are doing? If they waited until Sunday they could sell for a virtually guaranteed 1.002-1.004 at least, probably even more.

If it was a huge whale order that would make more sense because obviously they would be trying to manipulate the market and/or spread panic to acquire even more cheap WOLF, but that doesn't look to be the case to me.

I can only conclude they panicked after not being back in BTC at the end of Sunday. That's happened to me once before, no biggie just stay in WOLF until the next week (I'd only be respending any profits by getting more WOLF via the dev anyway). It is annoying having to leave your funds on the exchange for the whole week though.

Hoping for a decent pot next Sunday nonetheless but it's looking likely that profits will be significantly lower this time.