InsanityDev has given me permission to post our private emails in the forum. Since I believe it will help the community I will post our conversation up to this point. This is not meant to embarrass InsanityDev at all. As I said before I have gained respect for him.
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WOLF
Insanity Coin
to me
5 hours agoDetails
I think it's time to stop the speculation.
WOLF started out great and turned in to an epic failure. I obviously missed something when setting it up that allowed some people to escape with a boat load of profit. Phase 2 went to shit, and by the time phase 3 came about I was in a financial and personal mess and just couldn't get it done.
Almost all coins were destroyed.
I owe 5 BTC to 3 individuals off the back of this, and I'm working hard on traditional work to get the funds back to compensation them.
There are some coins left to destroy on a virtual machine that's corrupt. As in I can't get them, nobody can.
The remainder I dumped at the lowest of prices not so long ago when I was stuck, taking out less than 0.2 btc on two occasions when I was really stuck.
I have 0 coins and access to 0 coins.
This certainly hasn't been an epic escape with 100s of BTC, I'm personally down all the money I've ever earned legitimately in crypto and all of my savings. Back to living day to day and trying to scrape a living from contracts like the rest of the rat race.
I am trying to get back in the crypto game by doing minor minor trading on localbitcoins, but without a decent amount of funds it's amounting to very little return.
As soon as I've been paid from the project I'm doing I'll be sending those who need reimbursed the btc back.
As for WOLF, there is an ip for an always on node in the source that needs changed to something that's reliable, that server will be going down. As for market value you guys should be able to pump it up to whatever you want, or let it die, you all own all of the wolf in circulation between you.
If/when I get back on my feet, and if WOLF is still going, I'll inject some BTC in to it - primarily because I feel morally obligated to do so. I don't know when that'll be, I hope sooner rather than later.
I must stress that you all have each others BTC and WOLF between you, but as the first few weeks showed there are always people happy to cut everyone else out to take a minor profit, if you're sure there's nobody holding who's like that then go for a pump, if you're not sure then play it by ear.
Also remember that WOLF was created to be a trading game, the currency has no value over any other alt and no utility in itself. The only thing it has is that it's 100% in the hands of traders who can move the market as they please, it also has the point that only a tiny amount can be mined, so nobody can acquire a high % of wolf by any means other than by buying it.
There's a reason I have a good rating everywhere going back many years. This has been unfortunate to say the least, but anybody I owe funds to, the 5 BTC, will be 100% refunded as soon as I physically can.
If there are any technical questions, or any code needs changed, the least I can do is contribute that.
I'm sad, and sorry, that WOLF went to shit, I wish it hadn't.. certainly wasn't what I wanted, else I wouldn't have created it in the first place. Filing it under regrets.
What else do you need to know?
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Wolf Dev
to Insanity
2 hours agoDetails
Thank you very much for the honest response. I am sorry that it turned out to be such a disaster. Do you have the ability to code a lot of the newer features in coins now? I am not against using you as a developer at all if you are able to add requested features into coins. I just need someone who is reliable. Did you disappear because of the pressure of everything or because you were legitimately too busy?
I think it would be really good for the community if you could post in the forum and just be honest. It amazes me sometimes how eager people are to forgive and forget. Especially if we can get WOLF or whatever coin we transfer to a respectable price again. I think an explanation of what happened would help a lot. It has helped me for sure.
If you are legitimately too busy to be active again I wouldn't hint that way. But an honest explanation would go miles.
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Insanity Coin
to me
54 minutes agoDetails
I disappeared because of the pressure of everything, and because I had to get back to working to keep the family afloat.
At the moment I do not have enough time to add new features, I can certainly make tweaks to the code, fix bugs, and discuss/plan technical things. Once I am solvent again I will have increasing time.
I would not recommend creating an alternative coin, WOLF is already distributed between all of you holders. It is profitable to mine even at the low price because difficulty is so low. There are minimal coins to be minted, if you can swallow the newly minted coins easily then there's no reason price can't go up. The only thing that can put the price down is if one of you sell. If you all agree to only sell 10% each you can inflate the market as you please, you control it. People will exploit this though and dump a higher amount out of self preservation.
The game phase worked as well as anything I've ever seen (up to a point). You could have one more game and split the takings between building a wall and pumping the market. New coins could easily be minted to do it, one code change and people updating their clients and it can be done. If you all wanted to do it I could change the code so it minted a bulk of coins and sent them to an address of your choosing.
I think gamification is the best bet. If it was multiple round, each round could leave a wall above the last. It is a worry that somebody may dump though.
The phase I outlined on the OP, with batches, would work perfectly. But nobody was interested. It's a coordinated dumpless pump.
You all determine the price of WOLF yourselves,
I may have an idea actually.. I'll think on it overnight and email you tomorrow.
Feel free to post this mail, my previous mail, any of them to the forum if you think it will help.
My main concern right now is to not owe anybody, so I want to get to that position before I show face, I'm embarrassed.