Post
Topic
Board Announcements (Altcoins)
Re: [ANN][WOLF] InsanityCoin - coin for investors and traders
by
InsanityDev
on 21/02/2014, 18:46:50 UTC

Are there any plans to ...?
No, the plan is to buy and destroy as many of the coins purchased as possible, raising each coins individual price and the market cap as high as possible over 10 weeks.
...
Ultimately, every trader has a different strategy, some sell on market immediately for 25% more than they bought, some may be more aggressive and sell 10% for 400% more than they paid. Some may sell off market and destroy more coins by transferring ownership. Some may hold for 4 weeks, or 12 weeks, or a year.


But what if nobody will sell back during the 9 weeks, but keep all the bought coins, waiting the price to be raised by the others ? Why to sell even 1 Wolf of the initial cheap purchase, if it could worth a fortune sometime?

Don't you think that a lot of people (or all !) could judge this way and, if so, the "game" will not work?

nope: https://poloniex.com/exchange/btc_wolf