Topic: [ANN][WOLF] Project WOLF - page 9. (Read 130984 times)

:-)

Drakoin, I was not pointing to you at all with my statement, apologies if you thought this was the case. I shouldn't have done this statement at all, but I really want the new coin to succeed and got a too involved emotionally. If you have a different opinion regarding having more coins, which might work as well, of course I would be happy to hear. I might have been a bit to harsh on that point, but that's because I'm following this coin since the beginning, and have seen some trends others might not have seen. All possibilities to increase the price are worth looking into though!

As you state, I am just a very enthusiast investor, and want to see the price increasing. I am very happy to see the price increasing since some days, and also believe this is due to more attention, hope of a new coin, and believing in the features of the new coin and the cooperation between the old en the new Dev. I hope this trend will continue over the next days, as this would give the new coin a head start.

I support the plans of the new Dev, and believe they might work. I don't really have any alternative ideas at the moment, but discussed some things with the new Dev once the new coin is up-and-running. Hopefully this will also strengthen our community again!

actually, his mistake was ignoring the people who warned publicly in advance.

InsanityDev and I are discussing the best way forward. Once we have the details ironed out (which should be very soon) I will be on here with a very detailed post of the plan.

The reason phase 2 never worked was because InsanityDev had been disappearing (understandably), and also during one of the days he was playing the market he sold a bunch of WOLF for .0009. During insanity Sunday the sell price should never have been below the .001 pot price.  Once Insanitydev started disappearing people lost faith. No one would buy the WOLF to get phase two started. Also there was no plan for WOLF once the "game" was over.

My goal is to create a coin with plans to add a lot of the features into it during and after the distribution period, not just banking on rarity increasing the price.  Phase two of WOLF would have worked if people had bought the WOLF and the developer would have been around more. The reason the price has risen lately is in anticipation of the new replacement coin.  By creating a new ANN and a coin with cool features we will have a lot of attention and that alone will help the price rise.

In my opinion phase 1 should have had the pot price increase each week by at least 5% that would have caused people to buy and hold knowing that they would no longer be able to buy WOLF at that price again. My plan is to start with phase 2 and throw an Insanity Day in here and there if there is a sufficient amount of BTC to do so, if not we will have a straight "phase 2".  If we have any Insanity Days there will be a jump in pot price for the next pot. e.g. Forecasted regular increase will be .00005 each pot, if we were to have insanityy days, the next pot price would then  increase by something like .00015 so the Insanity trading would be between .00035 and .0005. It would still give people who want to sell the chance to sell, and people wanting more WOLF the opportunity to buy more WOLF below the price of .0005 (again, numbers are not concrete,  just used for explanation purposes).

InsanityDev and I are now working together on this project. We have been communicating through email. I sent him the BTC today to keep the WOLF network running during this process. As I have said many times before, any and all input is much appreciated. Please feel free to PM me or send me an email at [email protected].

no, it didn't.

I could not have lead to further lowering the price.  
Because in April, I only mentioned that in a PM to InsanityDev.
As a PM, because I feared my analysis of the game played in weeks 1 - 6 ... WOULD lead to further harming the coin. Which I didn't want to.

This posting here:
https://bitcointalksearch.org/topic/m.7633001
I have posted two weeks ago, for the first time, many months later.


No connection.

Actually what now lead to an increasing price (factor 3 at least),
is that we started talking about all this.

Activity, focus and attention is what brought the price up in the past days.





You want those extra coins to play that game, I understand it.

It might even work.

But I don't see how, that's all I say.  


I saw a highly intelligent, trustworthy, experienced, and very engaged, and dedicated InsanityDev getting gamed out of the water by people who had only personal profit in mind, not the coin. And those hyenas played him, and kept him happy, during those weeks, so that even he himself might have really only understood it afterwards, what had been done to WOLF.

The game was fun - but only until we bagholders woke up to the sad realization that the game itself destroyed ... or rather how it was played (see my posting) ... destroyed a lot of value, for a lot of people.  Most of those beautiful BTC ended up in the pockets of very few ... hyenas.


After that experience, another attempt at gaming ... might wake up bad memories.


Having said all that:

I very much appreciate your enthusiasm. I am so happy to see this thread wake up again. It's great that you want to try something, to revive this coin.


If you explain it better,
and show how this time, your game can not be tricked by the same robbers that destroyed wolf1 back then ...


... I am able to change my opinion.

same feeling I have.

I don't.

A similar game was suggested by InsanityDev as another game phase.
But no one wanted to play it. Almost no BTC sent. So it was never played.

No one wanted to buy dead wolves,
the people preferred to buy and sell living wolves for market price at an exchange.


Please, do not repeat his mistake.

Have you fully understood what happened back then? What is your analysis?
How do you plan to avoid the fate of wolf1 coin with your wolf2 coin game?

NEWWOLFDEV
Can you reveal the new progress?And the distribution of the new method?Assumptions, 1000 k new COINS, I have a 100 k Wolf, whether I will win the 100 k new coin?The rest of the used in POS or IPO in order to improve the value of the coin?

It's not the same game: it's a totally different game with huge buy walls stopping any people dumping on the price. This means the price can only go up! Anyway: we need to try something...

Can you explain me what the beauty is of this rare coin? Is it worth more because there aren't a lot of coins? Not at all: price is 10 times lower with less coins than the original price with more coins. Also your suggestion to destroy the remaining coins only lead to further lowering of the price without any change to ever bring it back up (this is why we need this transition now!). We need more coins in order to move the price up again. Fewer coins without any vision for it is just useless! You can also see that coins will be destroyed again once the coin has value again and once it has some utility after buying them. Please stop advocating to have less coins without any vision... This destroyed the first, and might destroyed the second coin as well!

To be clear: the reason of changing the number is because we need them to raise the value of the coin. This is what, at least most, people want to see!



No Rules at the moment: we are in a transition period, reforming the coin and created a better coin. If you want to buy cheap coins: now is the moment. There will probably be a mix of phase 1 and a renewed phase 2, but backed with a coin which is technically advanced.

long time no visit this page.
how about the rules? still same? 

I don't think the same game will lead to the desired effect.

Rarity doesn't always mean high value.  Look at WOLF.  Less than 400,000 coins total and it's only trading at 10,000 Satoshis.  Here's an example of my plan. These numbers are not concrete.

First pot of 10,000 sells at .00030000
3 BTC received from pot put up as a wall at .00029000
Next pot of 10,000 sells at .00035000
3.5 BTC wall set up at .00034000
Next pot of 10,000 sells at .0004000
4 BTC wall set up at .00039000....
Every once in a while we will have an Insanity Day where I actively trade on the market to try to acquire as many coins as I can.

All the way up as high as we can go. Any COINs sold back to me get destroyed making the coin rarer. Difference this time though is that we will have a plan laid out for our new coin after the "Distribution Game". This phase is like a glorified, funfied, mining phase... Except anyone with BTC can participate from the start and those that choose to buy and hold instead of play the game might just make a killing. Those that participate in the "Distribution Game" will also make money all the way up if the play right.

I have not understood the reasoning for changing the number of coins.

That this coin is so rare ... is beautiful.

Sounds good, im all ears, can't wait to spread the news！

Not that I'm aware of.  The new coin will be 100% premine.  The coins will then be sold at a set price, increasing incrementally after each pot is sold. EVERY LAST satoshi received from selling the new coin will then be used to build walls just below the price of the previous pot and/or used during a trading game to see how many coins I can buy back. All coins bought back will then be destroyed. This will continue until all of the coins have been sold.

From that point on it will be switched to either POS or mineable. Pools can then be set up if we go the mining route. Multipools if not.

Are there ANY live pools left?

This looks really interesting! I'm really looking forward to work with the new coin!