Topic: [ANN][WOLF] Project WOLF - page 12. (Read 131016 times)

Whether to keep the Wolf or the new COINS, I think the BBS should be modified.Anyway we need COINS the resurrection.It is necessary to add new functionality, dude, we believe you

Hey guys thoughts on what we should do. New coin or keep WOLF and try to start adding features? 

InsanityDev has given me permission to post our private emails in the forum. Since I believe it will help the community I will post our conversation up to this point. This is not meant to embarrass InsanityDev at all. As I said before I have gained respect for him.


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WOLF

Insanity Coin
to me
5 hours agoDetails

I think it's time to stop the speculation.

WOLF started out great and turned in to an epic failure. I obviously missed something when setting it up that allowed some people to escape with a boat load of profit. Phase 2 went to shit, and by the time phase 3 came about I was in a financial and personal mess and just couldn't get it done.

Almost all coins were destroyed.

I owe 5 BTC to 3 individuals off the back of this, and I'm working hard on traditional work to get the funds back to compensation them.

There are some coins left to destroy on a virtual machine that's corrupt. As in I can't get them, nobody can.

The remainder I dumped at the lowest of prices not so long ago when I was stuck, taking out less than 0.2 btc on two occasions when I was really stuck.

I have 0 coins and access to 0 coins.

This certainly hasn't been an epic escape with 100s of BTC, I'm personally down all the money I've ever earned legitimately in crypto and all of my savings. Back to living day to day and trying to scrape a living from contracts like the rest of the rat race.

I am trying to get back in the crypto game by doing minor minor trading on localbitcoins, but without a decent amount of funds it's amounting to very little return.

As soon as I've been paid from the project I'm doing I'll be sending those who need reimbursed the btc back.

As for WOLF, there is an ip for an always on node in the source that needs changed to something that's reliable, that server will be going down. As for market value you guys should be able to pump it up to whatever you want, or let it die, you all own all of the wolf in circulation between you.

If/when I get back on my feet, and if WOLF is still going, I'll inject some BTC in to it - primarily because I feel morally obligated to do so. I don't know when that'll be, I hope sooner rather than later.

I must stress that you all have each others BTC and WOLF between you, but as the first few weeks showed there are always people happy to cut everyone else out to take a minor profit, if you're sure there's nobody holding who's like that then go for a pump, if you're not sure then play it by ear.

Also remember that WOLF was created to be a trading game, the currency has no value over any other alt and no utility in itself. The only thing it has is that it's 100% in the hands of traders who can move the market as they please, it also has the point that only a tiny amount can be mined, so nobody can acquire a high % of wolf by any means other than by buying it.

There's a reason I have a good rating everywhere going back many years. This has been unfortunate to say the least, but anybody I owe funds to, the 5 BTC, will be 100% refunded as soon as I physically can.

If there are any technical questions, or any code needs changed, the least I can do is contribute that.

I'm sad, and sorry, that WOLF went to shit, I wish it hadn't.. certainly wasn't what I wanted, else I wouldn't have created it in the first place. Filing it under regrets.

What else do you need to know?

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Wolf Dev
to Insanity
2 hours agoDetails

Thank you very much for the honest response.  I am sorry that it turned out to be such a disaster.  Do you have the ability to code a lot of the newer features in coins now? I am not against using you as a developer at all if you are able to add requested features into coins. I just need someone who is reliable.  Did you disappear because of the pressure of everything or because you were legitimately too busy?

 I think it would be really good for the community if you could post in the forum and just be honest.  It amazes me sometimes how eager people are to forgive and forget. Especially if we can get WOLF or whatever coin we transfer to a respectable price again. I think an explanation of what happened would help a lot. It has helped me for sure.

If you are legitimately too busy to be active again I wouldn't hint that way. But an honest explanation would go miles.

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Insanity Coin
to me
54 minutes agoDetails

I disappeared because of the pressure of everything, and because I had to get back to working to keep the family afloat.

At the moment I do not have enough time to add new features, I can certainly make tweaks to the code, fix bugs, and discuss/plan technical things. Once I am solvent again I will have increasing time.

I would not recommend creating an alternative coin, WOLF is already distributed between all of you holders. It is profitable to mine even at the low price because difficulty is so low. There are minimal coins to be minted, if you can swallow the newly minted coins easily then there's no reason price can't go up. The only thing that can put the price down is if one of you sell. If you all agree to only sell 10% each you can inflate the market as you please, you control it. People will exploit this though and dump a higher amount out of self preservation.

The game phase worked as well as anything I've ever seen (up to a point). You could have one more game and split the takings between building a wall and pumping the market. New coins could easily be minted to do it, one code change and people updating their clients and it can be done. If you all wanted to do it I could change the code so it minted a bulk of coins and sent them to an address of your choosing.

I think gamification is the best bet. If it was multiple round, each round could leave a wall above the last. It is a worry that somebody may dump though.

The phase I outlined on the OP, with batches, would work perfectly. But nobody was interested. It's a coordinated dumpless pump.

You all determine the price of WOLF yourselves,

I may have an idea actually.. I'll think on it overnight and email you tomorrow.

Feel free to post this mail, my previous mail, any of them to the forum if you think it will help.

My main concern right now is to not owe anybody, so I want to get to that position before I show face, I'm embarrassed.

I would love to hear old dev, and have a proper explanation. The main problem is the lack of information from him over the last months, so an explanation might be the start.

Hey guys. InsanityDev has contacted me by email. I will ask him to post publicly in this thread. I will not reveal the details of the email but I can tell you that I have just gained a great deal of respect for InsanityDev. His email to me was very genuine and now I ask that you hear him out if he is willing to post here.We will move ahead according to plan, but I believe InsanityDev may be able to help us.

I guess they are either in poloniex or part of the 25k coins destroyed later.

Liteuser, Thank you so much for doing that for us. It is very much appreciated. 

nice analysis, thank you.

By the way I didn't mean the dev hadn't destroyed the coins, I meant that 350k+ coins weren't supposed to be on poloniex, because there only should be the amount unsold from insanity Sundays and something mined in the last weeks (less than 5k).
So it seems the old dev sent the WOLF left on poloniex... but that's a bit shady...

Old Dev did not destroy the coins he bought back in Week5, and where is the 80000 coins after old Dev destroy the 250000 coins?

I've setup a block explorer to check the blockchain.

http://107.170.34.201:2750/chain/Insanitycoin

There are currently: 394934.21821708 WOLF

Remember that each block mined gives 0.48 WOLF.


Let's check previous coin destruction by InsanityDev:


You can see it here now, as the above links won't work: http://107.170.34.201:2750/chain/Insanitycoin?count=100&hi=4424
(see the outstanding column)


You can check the money supply descreasing here: http://107.170.34.201:2750/chain/Insanitycoin?count=50&hi=6830


Here: http://107.170.34.201:2750/chain/Insanitycoin?hi=9961


Here week 4: http://107.170.34.201:2750/chain/Insanitycoin?hi=14132

AFAIK week 5 destruction never happened ... 73,440.58716197 WOLF should have been destroyed.

Here we stop the Insanity Sundays and there are 666,414.34261042 WOLF still around.

And finally: http://107.170.34.201:2750/chain/Insanitycoin?hi=39496


This is here: http://107.170.34.201:2750/chain/Insanitycoin?hi=39496

And we arrive to our final value of 394,934.21821708 WOLF as of today.

As you can see, InsanityDev destroyed the coins, except for week 5 that he forgot when phase 2 started.

That's what I saw coming the last days... Had more and more suspicion that's why he disappeared. If you think logically, that was the only possibility on how the Old Dev could have some profit on this coin. He couldn't have done all this for free without even owning coins himself (as he said we would purchase some, meaning he didn't got them yet).

If people want to know his information they can pm me. Once they have his information they can do whatever they would like with it. I just don't feel right about publicly releasing it myself.

So Dev would have no credit, and now it seems that he didn't press any plan to destroy the Wolf, he is a liar.
If he really has a promise, he won't refuse to disclose records and details

We only have proof of destruction of the first weeks. The coins of the last Insanity Sundays might have survived, or sold of by Old Dev. Also some bag holders don't put sell orders. For example the bag holder with all those 1000 wolf sell orders doesn't have them on sale now, so they won't appear in the total on Polo.

how did you get this? I see only 78472.93231449 WOLF on the sell side...
And 375519 seems a bit too much, how many weeks the game has been played, 3? 4? Except the first week (that gathered ~70 xbt) 100 btc worth of wolf were sold, so a total of 470000 or 370000 wolf. On the sunday events more than half of this total was destroyed, so in a conservative estimate no more than ~200k wolf should be in circulation now, assuming no other transaction but the devs ones (each transaction outside poloniex caused a 10% fee).

God bless us! And  best  wishes to the NewDev!

Yes, man, this is a good news.At least now have a goal, and be in progress

Hey guys,
     There are 375519.46038072 WOLF on Polo. I haven't gotten anywhere near that amount yet from traders' totals so there must still be a good amount of WOLF holders who have not contacted me. Please let everyone you know(who has traded WOLF before) what is going on so we can make sure everyone is able to switch once we are ready.

This might be a stupid idea, as I’m not a tech guy… Sorry for that in advance… But I was thinking something in order to have our coin stand out from the rest, and give it a future on the long term:

As far as I understand did all systems start with Bitcoin, and did other coins copy the code and improved it. Litecoin made it faster, Darkcoin made it secure/private, NXT (not a clone) having all kinds of advantages with the system, Anoncoin made it anonymous, Ethereum is doing nice things as well … Every coin changed something to make it stand out. I don’t think there is any coin yet combining all good features of different coins, and adapting them with new invented features in the future. Every time something new gets invented, people create a new coin. Wouldn’t there be an opportunity here for a coin combining all good features of ‘every’ coin now and in the future? This might make us stand out, and theoretically give us the fastest, most secure,… coin with most added features for payment, FB tipping,...
 
If this means we will need to fork the coin to implement them, we can include this feature in the code before we start, so make it easy and painless to fork. Not sure if automatic forks exist ;-).

We could call it ‘Future’ [FUTUR] or [FTR], something with next generation (which might be dangerous to confuse with NXT), Combine [COMBI] or whatever.

Just a thought…

You can PM NewDev, and he will give you the info of the Old Dev. Up to you what you do with it.