Topic: [ANN][WOLF] Project WOLF - page 71. (Read 131019 times)
+1
Nice addition
BTC Pot is at ~65 BTC with about another 50 outstanding now from investors.
I'd like to discuss a money supply model for WOLF after 9 weeks, propose:
- removal of percentage based fee, replace with a traditional fixed 0.002 WOLF fee
- a block reward of 0.48 WOLF for weeks 9-26 (total of 17 weeks, this would produce 27417.6 WOLF, 1612.8 per week)
- a block reward of 0.24 WOLF for weeks 26-52 (this would produce 20966.4, 806.4 per week)
- a permanent block reward of 0.12 WOLF after week 52 (this would produce 20966.4 per year)
reasoning:
- 10% tx fee whilst fun at the start, will force hoarding and prevent people from moving WOLF around, even between exchanges
- the network needs supported, and miners need rewarded for that support
- we do not want to vastly increase the monetary supply, this proposal would mint ~8.5% of the wolf supply over the first year, then ~3.5% annually (slightly less than the world average inflation rate)
Please do comment, +1, or counter propose. offline for the night
you should update post #1
done, thanks! you'll def want to watch for the next pot update later
you should update post #1
Pot update?
If this has 0 mining fees and tx fees then who is going to continue to mine this once the 9 weeks is over?
After about 5 weeks we will start voting as a community on which model to move to at the 9 week mark. Options include, but are not limited to: reduced or fixed transaction fees with a percentage going to miners, a small block reward (say 0.25 wolf), or a mixture of approaches. More discussion on this is further back in the ann.
all pm's responded to, and pending wolf sent
wtf auroracoin 
can we beat aur?
can we beat aur? 
Bump for WOLF. Current BTC pot?
Will invest all my BTC stash this time
Will invest all my BTC stash this time
Wow!!!....all......0.00000010 BTC.......the last of the big spenders
If this has 0 mining fees and tx fees then who is going to continue to mine this once the 9 weeks is over?
All the WOLF holders will have to keep mining it (or see the value of their coin fall to zero) 
If this has 0 mining fees and tx fees then who is going to continue to mine this once the 9 weeks is over?
Do note that a full BTC pot would currently buy everything up to 0.2, a 19900% profit for the person at the top (if I bought up the book).
How do you calculate this? Is there any trading software that could be linked to Poloniex?
Go to https://poloniex.com/exchange/btc_wolf and click the sell orders until you see the total under buy wolf hit 100 btc
Do note that a full BTC pot would currently buy everything up to 0.2, a 19900% profit for the person at the top (if I bought up the book).
How do you calculate this? Is there any trading software that could be linked to Poloniex?
Is the dev putting up the buy wall that exists at 0.002 BTC? Just curious so I can do my research before this weekend.
I don't think so. As far as I'm aware the dev isn't trading during the week, doing so would alter the rules would it not (aside from selling at 0.001 which would be fair enough)?
Not trading but putting up buy walls to scare people into selling low. He knows 0.002 won't get bought, he just wants us to think that's the most we'll get. If the wall comes down right before show time on Sunday then I bet it's him.
No, I have no WOLF at all on Poloniex, all wolf acquired last week has already been destroyed. That is another pack member either with a legit buy "wall" (LOL), who is either looking to sell at that price, or is trying to push others down in order to buy it in the pre-pump themselves. Do note that a full BTC pot would currently buy everything up to 0.2, a 19900% profit for the person at the top (if I bought up the book).
Starting a coin competition that was inspired by InsanityCoin, but the premise is completely different. Please give it a look, similar to the way a poker tournament works, but with Cryptos.https://bitcointalksearch.org/topic/annyinyang-yinyangcoin-the-competition-coin-greed-launches-tomorrow-490962
Thanks, a great name and I wish you and your players the best of luck - may check it out myself (disclaimer, I haven't had time to read it yet, but I will).
is there a minimum buy in this seems fun ?
Yes, a 2 WOLF minimum order, purely because there's a 1 WOLF minimum fee in the protocol for now.
For Transparency
A kind user wished to check over last weeks insanity sunday results, for transparency here is the conversation and details in full.
Regarding your post 492...end of week 1 result.
Can you provide a copy of 'your trade history' from Poloniex.
Can you provide a copy of 'your trade history' from Poloniex.
yeah provided to everyone publicly, check https://bitcointalksearch.org/topic/m.5323853
see the results section. trade list csv link.. all there, and it's a copy of "your trade history" from poloniex, every bit of btc and wolf accounted for, do verify
That is not a copy of 'your trade history' as i want the exact copy of how it looks on screen. Anyone can create a spreadsheet.
What are the buys from 19th to 21st?
If you had 78.89644994 BTC from those who bought at .001, how come there's 91.60013635 BTC from 18.01pm to 19.45pm?
Where are the sell list?
Thank you for taking the time to check everything you properly, it's much appreciated.
As requested here are screenshots from my trade history at Poloniex: http://imgur.com/a/AqCDB If you have any doubts at all please ask Poloniex support to verify (although please don't waste his time). Also, note that on page 4 you'll see some redacted trades, these were my own personal trades, on a different currency, from before the WOLF project began.
Up until the first insanity sunday there was a BTC order at 0.0009 then 0.001 on poloniex, in case anybody needed "out" due to personal circumstance: see https://bitcointalksearch.org/topic/m.5274443
Finally, there were 3 sell trades for circa 6 BTC, you'll see them in the CSV and the screenshots. I'm afraid you've missed them when you were totalling up, which is how you came to the incorrect 91.6 figure.
I trust that clarifies everything, best regards!
mini update
BTC Pot stands at just under 53 BTC, with another 25-30 being discussed which should hit before sunday. I expect the pot to be full by Sunday.
If you're waiting on a PM reply, or WOLF delivery, you'll have them within the next 30 minutes.
Best Regards to you all.
Is the dev putting up the buy wall that exists at 0.002 BTC? Just curious so I can do my research before this weekend.
I don't think so. As far as I'm aware the dev isn't trading during the week, doing so would alter the rules would it not (aside from selling at 0.001 which would be fair enough)?
Not trading but putting up buy walls to scare people into selling low. He knows 0.002 won't get bought, he just wants us to think that's the most we'll get. If the wall comes down right before show time on Sunday then I bet it's him.
Bump for WOLF. Current BTC pot?
Will invest all my BTC stash this time
Will invest all my BTC stash this time
is there a minimum by in this seems fun ?
Is the dev putting up the buy wall that exists at 0.002 BTC? Just curious so I can do my research before this weekend.
I don't think so. As far as I'm aware the dev isn't trading during the week, doing so would alter the rules would it not (aside from selling at 0.001 which would be fair enough)?
Is the dev putting up the buy wall that exists at 0.002 BTC? Just curious so I can do my research before this weekend.
One thing is for sure: if it is the dev, he's definitely not going to tell you
. He's not our friend in that period...I guess most people see this as a nice achievement (double your money), which is perfectly possible to reach, looking at what happened last week (up to 0.00225). It's also within the safety perimeter (around 75% between lowest and highest buy).
True, true. But if it happened right now 40BTC would only cover a fraction of 0.02. Then again the wall was there last week and obviously it came down. Wondering what week 1 holders will do this week. Also dev mentioned a possible 30BTC order coming in. That should shake things up!
Edit: Dev probably puts up wall to keep the price low, but then why wouldn't he lower the wall even more to scare people down? Will be interesting to see if he does.
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