Re: [ANN][WOLF] InsanityCoin - coin for investors and traders

Quote from: InsanityDev on March 02, 2014, 09:42:13 PM

Quote from: WaffleMaster on March 02, 2014, 09:33:34 PM

The thing is, nobody knows for sure. A blockchain ledger that isn't being mined currently can be faked easily. As of now there's not enough to claim it as a fraud and inversely there isn't enough evidence to claim it as not a fraud. So people can speculate. I do think it's an exciting game, a great experiment (does rarity make something valuable or does it have to have a use too?), and something that's never been done before. Will people want WOLF after 4 weeks, 9 weeks, forever? Place your bets now Wink

. I'm just going to watch the boxing match haha.

It is being mined, and the more that mine it the better. For now I'm paying for mining rig contracts out of my own pocket, with a larger amount set aside in case we need a big ramp up on hashing.

Please also see https://bitcointalk.org/index.php?topic=471166.msg5438847#msg5438847 & https://bitcointalk.org/index.php?topic=471166.msg5449872#msg5449872 a discussion we really need to finish soon.

Also very interested to see the 10-24 week valuation, I guess I judge the project based on my own intentions, others just have to watch and judge based on (my) actions.

I would love to mine this coin depending on the stats of the network etc. and I understand you now from reading those other posts. The 9 week game is a hype launch. A great way to start the price out at a decent level too. I'm guessing mining isn't public until the game ends or what? The details are quite fuzzy, I thought this was literally a coin that never got produced anymore (odd but cryptos can do a lot of crazy things!). That's the impression that the first page puts off to people.