Author

Topic: Insanity Sundays - Trading Spectator Event [WOLF Pack] (Read 1581 times)

newbie
Activity: 42
Merit: 0
WOLF, what's the status now, the price is so low
newbie
Activity: 42
Merit: 0
This post is how no one  Huh
full member
Activity: 140
Merit: 100
full member
Activity: 182
Merit: 100
Poly is running super slow but the pre-pump is going strong, we are already at 0.00143.  There has been tons of volume so far, likely bringing in people who have no idea what is going on, it should be exciting.
full member
Activity: 140
Merit: 100
The WOLF supply has now been stopped while we conduct the first Insanity Sunday. Congratulations all on raising 78.9 BTC, thank you for your interest and trust. Let the games begin.

The First Insanity Sunday
  • Sunday 23rd Feb
  • All orders for InsanityCoin from dev at 0.001 will be halted at 12:00 UTC, from that point on no new WOLF will enter the market
  • Between 18:00 and 23:59 UTC dev will be using the BTC pot (78.9) on market to acquire as much WOLF as possible using numerous strategies.
  • 01:00 UTC Monday, results will be posted.
  • 10:00 UTC Monday, market to buy WOLF from dev at 0.001 BTC will re-open
  • All WOLF acquired by dev on sunday will be destroyed

The exchange Poloniex is where all the fun happens. They are aware, prepared for the traffic, and have additionally taken the step of guaranteeing WOLF/BTC will be a bot free market for the full 9 weeks.

update: BTC sent to Poloniex. https://blockchain.info/tx/04dbae08406dc5a5cdf56816b0c71f2316161726d644b8b1cdaf2f9ab54898a1 - 78.89644994 BTC after transaction fee.
update: 0.0001, 788964.4994 WOLF, 78.89644994 BTC temporary order placed so you can see funds are there, and this is happening

Best of luck to all you wolves!
full member
Activity: 140
Merit: 100
Every Sunday for the next 9 weeks there's going to be several hours of trading madness at https://poloniex.com/exchange/btc_wolf

WOLF supply is cut at 12:00 GMT, during subsequent 6 hours traders will set up positions and start implementing strategies, then from 18:00 to 00:00 up to 100 BTC is pumped in to the market from the pot to try and acquire back as much WOLF as possible to be destroyed. There is then a ramp down period till 10:00 GMT on monday at which time WOLF supply starts again at 0.001 BTC.

no bots, only live traders trying to maximise profits and out trade each other to increase their holdings of Insanity Coin, or Bitcoin, or both.

The first weeks pot stands at around 50 BTC with less than 48 hours till the supply is cut, so far at least 50 traders of various holding's are on board and preparing.

second weeks pot at 100 BTC (this week), third weeks pot at 100 (next week)

Full details on WOLF can be found here.

Please feel free to come along and watch the madness unfold, it should make for an interesting time.
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