My BTCs are still locked on Bitfinex. Once we get a few more investors in with a good plan, we should be able to keep the game going. Weak hands will sell below 0.0006.
Really happy that you are back! We really need an additional investor to get the whole plan starting. For a plan, please see the message of domtasc3:
PLAN TO BUY WOLF UP TO .0015.... But I need HELP
Ok here is my plan. This will take the least amount of BTC to do but will also decrease the amount of WOLF we hold. This plan will absolutely work though, and get almost all 330 k sold back to the dev to be destroyed.
First to let you all know I am mostly stuck in wolf so I need the first buy wall from the dev to sell my wolf to to free up btc. When that is done I will have enough BTC to buy an entire 10,000 WOLF for the next wall to be put up. I need a few other people with a few btc to help me. Here is the plan.
Investor group 1 (IG1) and investor group 2 (IG2) Will be used for my example.
IG1 buys entire .00092 supply,
Dev puts up .00091 buy wall.
IG2 buys entire .00094 supply,
Dev puts up .00093 buy wall.
IG1 sells all WOLF acquired at .00092 to .00093 wall, takes their BTC and buys entire .00096 supply,
Dev puts up .00095 buy wall,
IG2 sells all WOLF acquired at .00094 to .00095 wall.... and so on all the way up.
One problem we will run into is the WOLF for sale on poloniex. People will have to buy and hold them for the plan to work. It would only make sense to do that since my plan will 100% drive the price to .00015 and almost all of those WOLF will be destroyed by selling them back to the Dev.
If I can sell my current WOLF holdings to the dev at . 00091 I can get about 15 BTC together and would have enough to be a "investment group" by myself. Even if I could only get one other person with 15 BTC to help me, if the rest of you bought and held the WOLF on the market this plan will work. PM me with questions please.
The plan seems good, but we'll need some more people buying in along the way, and we need some original investors. I hope you can help with this! When do you think your BTC will free up? I refuse the sell below my buying price, but will buy from the Dev the moment I sell the coins I own at the moment. This will be max around 0.001 (some at 0.00094 or below as well). If we work together, we can start moving the coin up!
I don't like this plan because of two reasons.
1. This must be done internal and without poloniex (IG1 buys entire 0.00092 supply and sell back internal at 0.00093, IG2 buys entire 0.00094 supply and sell back internal at 0.00095 and so on). Otherwise if it wasn't internal, some bagholders would dump the WOLF into the buy walls and this wouldn't work.
2. With this you could raise the price to 0.0015 of course, but then at 0.0015 there wouldn't be any buy walls left because IG1/IG2 would have to sell the WOLF back into the previous buy walls up to 0.0015. So there wouldn't be a stablilisation and protection to ensure that there isn't a dump after reaching 0.0015.
If it helps any, and since I'm a kind of admin / overseer - you can all "pledge" an mount in pm and I'll reply later with a total, so we can see what support is provisionally there without anybody just blindly committing.
PM me with an amount and price you'll get on board at, I'll note it all up and we can go from there.
Hopefully that helps.
if you didn't see my previous post and are confused about wolf, please read.
This idea is much better I think. So we could work together. We plegde an amount of BTC to the dev. He collects all the pledges and if there is enough BTC to buy for example at least the first 3 batches at once, we will have a strong buy wall of 30 BTC on poloniex. This would ensure that the walls sustain the dumps and the game can start.
So if anybody is interested in this concept he should write his plegde to the dev, so he can collect all the pledges and make a big buy (simulating a big investor).
I've already wrote him my pledge. If the remaining people do the same, this will work.
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[/url]
- New long term clients released this week.
- Feature and integration requests should be placed now.
And some suggestions for the future plans.
I think this coin shouldn't become mineable after the 9 weeks.
1. It would be better if this became a POS coin. So people are only able to join within the supply phase (so people are forced to join now within the supply phase, which could lead to more buy interest) After the supply phase the coin becomes a POS coin.
Stats for example:
PoS block generation after 1 day of holding,
Interest (annual rate) per year: 10%
2. Create a multipool for WOLF, so it would be possible to mine this coin and also increase the buy interest in WOLF (for this all bagholders should plegde/donate some WOLF for the creation).