ANN updated with details on sundays, snip follows:
Insanity Sunday- Every Sunday, starting 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 (max 100) 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 sent between two addresses until considered destroyed (less than 1 WOLF remains)
Pot stands at 35 BTC+ currently.
Consider me offline from here for new purchases until 10:00 UTC tomorrow.
What does "numerous strategies" mean, and what benefits do they have over a single big bump?
This is a game of balls where traders are wiser to place coins for sale higher than other traders, rather than lower.
A single bump has more incentive to create sell orders at higher prices than multiple smaller bumps.