Topic: [ANN][WOLF] Project WOLF - page 101. (Read 131019 times)

worst case he get's exactly his BTC back.. so it's a no lose during the first 9 weeks. If you buy 1000 for 1 BTC, I'll happily return the 1 BTC for the transferable coins (~909) at any point whilst there is money in the pot.

A solid investment plan. No dumber than Labcoin, I guess.

Fuck it.  All in.

Quite the opposite.

If all coins are bought (900BTC), the transferred once (say to an exchange), then there will be 818,181 coins left. Worth 900 BTC minimum, that's if every coin is sold back at (market cap / supply) price, and nobody buys any coins on market, and no coin is transferred more than once, and if no coins are put up for sale at all in a 9 week period. If any one of those things does happen, the price and market cap will go up.

Ultimately, every trader has a different strategy, some sell on market immediately for 25% more than they bought, some may be more aggressive and sell 10% for 400% more than they paid. Some may sell off market and destroy more coins by transferring ownership. Some may hold for 4 weeks, or 12 weeks, or a year.

The biggest gamble, is how many to put to market, on which week, to make the most profit.. or whether to hold and let it rise trying to make 1000% of percent.

Usually coins have a supply, and if supply outweighs demand, price goes down. InsanityCoin is different because the money supply always reduces, forcing the price of each coin upwards, while ever people buy and transfer it, the value of each coin can only go up.

Everything is good for this coin, including people not buying it, because any coins not bought over the 9 weeks are destroyed.

must have been an accident LOL
whooooopsy
sorry didn't mean to exclude windows users while i work hard at flash mining.. cough cough Max coin lol
naive much ?

PS:
OP maybe see a shrink instead of posting poorly cloned ponzi schemes ?
and please do tell us how many coins have you posted and how many forum account names have you made ? about 30mb worth in the forum db or what ?

keep it up smart guy.. all your going to do is piss off more and more of the guys who *used to mine crap like this.
people are already growing tired of idiot clone coin spammers.
there is the rope..
do what you will with it smart guy lol

After 9 weeks when this IPO is finished it will be a free market. It is no different to how other coins pump but it will have help from the BTC reserves.

WTB 1 WOLF @ 0.0001

Basically this is the IPO of 900,000 BTC which are supposed to be given back to the owners of the InsanityCoin. The idea is to raise the market cap by injecting the BTC raised during the IPO back to the InsanityCoin. So, your coins invested will be spread to the other coin owners and you get less then you spent???

It is a bit confusing. Doesn't destroying coins actually destroys the value and so it decreases the market cap? Therefore you actually will not increase the price of the remaining coins?

InsanityCoin - it's like playing blind roulette.

from people purchasing the coins, first paragraph of the ann

Yes, exactly - windows-qt will be added in the next day or two, it was a concious decision not to add it yet. Would like to see several nodes running first, and an exchange confirming they will add the coin.

Yes the concept does seem different and perhaps not to bad, however how can you consider launching anything without a windows qt. You do realise windows users for the most part have no idea about compiling their own qt from source ?

Pretty much yes - you'd have to be mad to dump it, as over the next 9 weeks all BTC will be used to buy back as much coin as possible to be destroyed. And every transaction destroys 10% of the coins sent. So the money supply always reduces, and the price always goes up.

Every day when I see the announcements here, I think shitcoin XY can not be beaten and every day a new dev proves to me the converse 

where does the money come from to buy up all the sell orders?

no windows qt = dead.

I think the point of this coin is to deal with dump issues by adding a large transaction fee and then destroying those coins, so as coins are dumped 10% in demand by default is added. That's what I'm getting from the post anyway. Sounds interesting.

Edit: OneRareCoin said he created Proof Of Rarity before you and he made his thread a week before you and I checked and he actually did. thread: https://bitcointalksearch.org/topic/ann-onerarecoin-initial-announcment-first-proof-of-rarity-coin-457462

this is his new thread for launch: https://bitcointalk.org/index.php?topic=473921.new#new

did you copy him?

that's the idea


All coins start with a value of 0.001, coins are destroyed on every transaction, forcing the value of each coin up. In addition all coins available on market are purchased each week, and destroyed, further increasing the value of each coin, increasing market cap in big bumps, and reducing the money supply.

Is this a new code?

uhhhh... so basically you buy the coin with the hopes that your own money is going to buy it back from you at a profit... while trusting the DEV to not take 100BTC and run away? lol