Sounds good +1
Topic: [WOLF] InsanityCoin Phase Two - Guaranteed Profit Increase (Read 462 times)
No not primarily, but if so it's also good.
I simply like the concept and want to spread it to people who maybe haven't read about InsanityCoin.
And if I see all the people who invest their BTC in some shady IPOs in which the dev run away with the received BTC, I'll show that there are also some honest devs around here with great ideas and reliable investment opportunities.
Besides that, which IPO guarantees a profit/price increase (as long as the people use the buy in so that the batches and buy walls get filled)?
I really don't see any disadvantage to invest in WOLF instead of some shady IPO.
The concept looks great to me and the dev has also proven that he's honest. In the last 6 weeks he got about 600 BTC (~100 BTC each week) for the insanitysundays and he always traded them on poloniex in that way he said before.
I simply like the concept and want to spread it to people who maybe haven't read about InsanityCoin.
And if I see all the people who invest their BTC in some shady IPOs in which the dev run away with the received BTC, I'll show that there are also some honest devs around here with great ideas and reliable investment opportunities.
Besides that, which IPO guarantees a profit/price increase (as long as the people use the buy in so that the batches and buy walls get filled)?
I really don't see any disadvantage to invest in WOLF instead of some shady IPO.
The concept looks great to me and the dev has also proven that he's honest. In the last 6 weeks he got about 600 BTC (~100 BTC each week) for the insanitysundays and he always traded them on poloniex in that way he said before.
WoW, is this an official pump declaration?
WOLF has just entered Phase Two! So the best time to join in!
Below there is an explanation how the new phase works. If you don't understand something, just ask here or in the original thread. The Dev, many other helpful members and myself will help willingly.
I've traded WOLF nearly from the beginning, so I'm convident that I'm able to answer your questions.
Just take some time and figure out the new concept, it's worth it!
Original thread: https://bitcointalksearch.org/topic/annwolf-project-wolf-471166
InsanityCoin
Democratic & Strong Coin for Investors and Traders
twitter updates: https://twitter.com/CoinInsanity | https://kiwiirc.com/client/irc.freenode.net/#insanitycoin | https://poloniex.com/exchange/btc_wolf
Previously WOLF had a gamified distribution and coin destruction phase, generating over 1000 BTC in trading volume each week, and more than 6000 BTC volume over a 6 week period.
The WOLF supply was depleted from 1,000,000 coins to ~ 330k via aggressive coin destruction and 10% destructive transaction fees.
Of the coins in circulation, roughly 80k are in active circulation, with the rest either destroyed or held by long term investors.
Following a community meeting on 2014-04-06 the proposed phase two was accepted and implemented.
WOLF has entered Phase Two - a coordinated 400 BTC+ market push to lift the price by 65% minimum and stabilize it at 0.0015 or higher.
The lift incorporates huge rolling BTC buy walls, starting at 9.2 BTC, growing quickly to 5 buy orders totalling 49 BTC, and then incrementally growing to 75 BTC.
Additionally 9-15 BTC is injected on to the market (used to buy up sell orders) as the buy walls increase.
Model
Objectives
Notes
Why buy from the supply?
Supply purchases effectively triple the weight of your purchase, even if at a particular time it’s marginally more expensive than on market, because:
Coin Supply Status and Chart
Current Batch: 1, available ~6000.
Details
Future
Ordering
The master BTC Pot address is 15txQGhLmN133e2qBwGyXzKtYhHTchEy4g, pm the developer to order and check the current price, or to request a unique address for your transaction.
To calculate how much WOLF you will recieve: BTC_Amount/WOLF_Price e.g. 0.5 BTC/0.00094 = 531.91489361 WOLF for 0.5 BTC.
WOLF Orders will be processed every couple of hours each day, and buy walls on poloniex updated to represent the current state.
Below there is an explanation how the new phase works. If you don't understand something, just ask here or in the original thread. The Dev, many other helpful members and myself will help willingly.
I've traded WOLF nearly from the beginning, so I'm convident that I'm able to answer your questions.
Just take some time and figure out the new concept, it's worth it!
Original thread: https://bitcointalksearch.org/topic/annwolf-project-wolf-471166
InsanityCoin
Democratic & Strong Coin for Investors and Traders
twitter updates: https://twitter.com/CoinInsanity | https://kiwiirc.com/client/irc.freenode.net/#insanitycoin | https://poloniex.com/exchange/btc_wolf
Previously WOLF had a gamified distribution and coin destruction phase, generating over 1000 BTC in trading volume each week, and more than 6000 BTC volume over a 6 week period.
The WOLF supply was depleted from 1,000,000 coins to ~ 330k via aggressive coin destruction and 10% destructive transaction fees.
Of the coins in circulation, roughly 80k are in active circulation, with the rest either destroyed or held by long term investors.
Following a community meeting on 2014-04-06 the proposed phase two was accepted and implemented.
WOLF has entered Phase Two - a coordinated 400 BTC+ market push to lift the price by 65% minimum and stabilize it at 0.0015 or higher.
The lift incorporates huge rolling BTC buy walls, starting at 9.2 BTC, growing quickly to 5 buy orders totalling 49 BTC, and then incrementally growing to 75 BTC.
Additionally 9-15 BTC is injected on to the market (used to buy up sell orders) as the buy walls increase.
Model
- The remaining WOLF supply has been split in to 33 batches of 10,000 WOLF. Creating 33 distinct BTC pots.
- The price of each batch is incremented by 0.00002, such that the first is available at 0.00092, the second 0.00094, and so forth.
- As each batch is sold, a buy wall is created using the BTC on poloniex at 0.00001 less than the buy price, so walls are placed at 0.00091, 0.00093, and so forth.
- A stack of 5 buy walls will be maintained on the market, as a new buy order is placed at the top, the lowest priced buy order is removed, and the BTC from it is used to buy up all the lowest sell orders.
- All WOLF acquired by the buy walls and buy orders is destroyed, reducing the amount of WOLF in circulation.
Objectives
- smoothly transition from the gamified distribution phase to the long term model
- create a strong market presence with substantial buy support for WOLF
- enable 24/7 trading of WOLF
- lift the value of WOLF in a sustained manner
- support the flow of WOLF from weak hands to strong hands without damaging the market value
- enable traditional trading, such that all on market and supply buyers/holders benefit, and allow additional trading strategies
- incorporate optimal coin acquisition and destruction
- mitigate attacks from self interested short term whales
Notes
- Market and Supply are both active 24 hours a day
- WOLF Batches are available consecutively, with no time limit, the supply depletes as fast as it is bought
- BTC buy walls will maintain from 49 BTC growing to 74 BTC
- Those leaving WOLF on the way up profit, but take a financial hit to get back on board as the supply price will be higher than their exit price
- Creates an effective minimum market spread of 3000 satoshis, with supply price between.
Why buy from the supply?
Supply purchases effectively triple the weight of your purchase, even if at a particular time it’s marginally more expensive than on market, because:
- The BTC you use to purchase becomes a buy wall
- An equivalent amount of BTC is injected into the market to buy the orders you would have bought
- The WOLF you would buy on market is bought anyway, and further it’s destroyed, so you know it can’t come back to be sold again.
Coin Supply Status and Chart
Current Batch: 1, available ~6000.
Batch | WOLF Available | Supply Price | BTC Generated | Buy Wall Placed At | BTC on Order Book | Buy Order Placed (BTC) |
| 1 | 10000 | 0.00092 | 9.2 | 0.00091 | 9.2 | |
| 2 | 10000 | 0.00094 | 9.4 | 0.00093 | 18.6 | |
| 3 | 10000 | 0.00096 | 9.6 | 0.00095 | 28.2 | |
| 4 | 10000 | 0.00098 | 9.8 | 0.00097 | 38 | |
| 5 | 10000 | 0.00100 | 10 | 0.00099 | 48 | |
| 6 | 10000 | 0.00102 | 10.2 | 0.00101 | 49 | 9.2 |
| 7 | 10000 | 0.00104 | 10.4 | 0.00103 | 50 | 9.4 |
| 8 | 10000 | 0.00106 | 10.6 | 0.00105 | 51 | 9.6 |
| 9 | 10000 | 0.00108 | 10.8 | 0.00107 | 52 | 9.8 |
| 10 | 10000 | 0.00110 | 11 | 0.00109 | 53 | 10 |
| 11 | 10000 | 0.00112 | 11.2 | 0.00111 | 54 | 10.2 |
| 12 | 10000 | 0.00114 | 11.4 | 0.00113 | 55 | 10.4 |
| 13 | 10000 | 0.00116 | 11.6 | 0.00115 | 56 | 10.6 |
| 14 | 10000 | 0.00118 | 11.8 | 0.00117 | 57 | 10.8 |
| 15 | 10000 | 0.00120 | 12 | 0.00119 | 58 | 11 |
| 16 | 10000 | 0.00122 | 12.2 | 0.00121 | 59 | 11.2 |
| 17 | 10000 | 0.00124 | 12.4 | 0.00123 | 60 | 11.4 |
| 18 | 10000 | 0.00126 | 12.6 | 0.00125 | 61 | 11.6 |
| 19 | 10000 | 0.00128 | 12.8 | 0.00127 | 62 | 11.8 |
| 20 | 10000 | 0.00130 | 13 | 0.00129 | 63 | 12 |
| 21 | 10000 | 0.00132 | 13.2 | 0.00131 | 64 | 12.2 |
| 22 | 10000 | 0.00134 | 13.4 | 0.00133 | 65 | 12.4 |
| 23 | 10000 | 0.00136 | 13.6 | 0.00135 | 66 | 12.6 |
| 24 | 10000 | 0.00138 | 13.8 | 0.00137 | 67 | 12.8 |
| 25 | 10000 | 0.00140 | 14 | 0.00139 | 68 | 13 |
| 26 | 10000 | 0.00142 | 14.2 | 0.00141 | 69 | 13.2 |
| 27 | 10000 | 0.00144 | 14.4 | 0.00143 | 70 | 13.4 |
| 28 | 10000 | 0.00146 | 14.6 | 0.00145 | 71 | 13.6 |
| 29 | 10000 | 0.00148 | 14.8 | 0.00147 | 72 | 13.8 |
| 30 | 10000 | 0.00150 | 15 | 0.00149 | 73 | 14 |
| 31 | 10000 | 0.00150 | 15 | 0.00150 | 73.8 | 14.2 |
| 32 | 10000 | 0.00150 | 15 | 0.00150 | 74.4 | 14.4 |
| 33 | 10000 | 0.00150 | 15 | 0.00150 | 74.8 | 14.6 |
Details
- ports: 55445 RPC (55446 P2P)
- currency: WOLF
- prefix: W
- github: https://github.com/insanitydev/insanitycoin
- windows-qt: http://ge.tt/api/1/files/2HZRUNK1/1/blob?download new stable thanks pompobit
- mac-qt: http://ge.tt/api/1/files/2HZRUNK1/2/blob?download new stable thanks thesamson
- insanitycoin.conf: http://5.9.111.71/insanitycoin.conf
- block explorer: http://5.9.111.71:2750/chain/InsanityCoin
- exchange: https://poloniex.com/exchange/btc_wolf
- nodes list: http://5.9.111.71/connections
- logo: https://raw2.github.com/insanitydev/insanitycoin/master/src/qt/res/icons/bitcoin.png (alternative: https://i.imgur.com/2TN6lBU.png thanks syrusek)
- bugs: https://github.com/insanitydev/insanitycoin/issues
Future
- WOLF switches to Phase Two on 2014-04-07
- WOLF switches to a low block reward but valuable mined coin on 2014-04-27
- Removal of percentage based fee and replace with a traditional fixed 0.002 WOLF (please discuss) fee on 2014-04-27
- New long term clients released this week.
- Feature and integration requests should be placed now.
Ordering
The master BTC Pot address is 15txQGhLmN133e2qBwGyXzKtYhHTchEy4g, pm the developer to order and check the current price, or to request a unique address for your transaction.
To calculate how much WOLF you will recieve: BTC_Amount/WOLF_Price e.g. 0.5 BTC/0.00094 = 531.91489361 WOLF for 0.5 BTC.
WOLF Orders will be processed every couple of hours each day, and buy walls on poloniex updated to represent the current state.
Jump to: