[ANN][KARM] Karmacoin - New Initiatives - Helping People Do Good

[mmayer707]

Hmm this thing is gaining true Diff now.  Awesome! 

[1714883127]

1714883127

[1714883127]

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[Winky]

How many coins are currently in existence?

[CoinThinker]

Well, I still haven't sold my KARM... at this low price I rather loose all, than sell.

I am just laying back, and wait until it gets decent prices. Hopefully you will not push down the difficulty, because then more coins will be produced, and the easier is to create KARM, the cheaper it gets.

[makemebeat]

Best like is donation KLiGVyc75crWrHbGavtjYQYvKBdkJUiU8k   

[Winky]

With currently ~ 204060373384 coins in existence and a price of 5 sat per KARM we have a
Market cap of 7.274.752 $, which would be place 15 at coinmarketcap. I think this is way too overpriced and KARM will see a LTC market soon. Even buying at 2-4 sat is very risky imho.

[sakkosekk]

Well, I still haven't sold my KARM... at this low price I rather loose all, than sell.

I am just laying back, and wait until it gets decent prices. Hopefully you will not push down the difficulty, because then more coins will be produced, and the easier is to create KARM, the cheaper it gets.

+1. I'm in your boat.

[imine253]

I can't wait for the gravity well update, because all the people getting on to mine when the diff drops and then leaving once they raised the diff is extremely annoying because it takes so long for the diff to drop again because the nethash just continues to drop. The sad part is it isn't even multicoin pools that are causing it, it's the people that actually want to mine Karma doing it.

[UdjinM6]

With currently ~ 204060373384 coins in existence and a price of 5 sat per KARM we have a
Market cap of 7.274.752 $, which would be place 15 at coinmarketcap. I think this is way too overpriced and KARM will see a LTC market soon. Even buying at 2-4 sat is very risky imho.

Hmm...Features at first post says: "Approximately 92 billion total coins"
Where can I see currently mined coins? Where did you get this number - 204 060 373 384 ??

[jdebunt]

Wellw e finally got around to doing the KarmaCoin article :

http://www.cryptoarticles.com/crypto-news/2014/2/8/karmacoin-because-its-good-for-you 

[Khaoimon]

With currently ~ 204060373384 coins in existence and a price of 5 sat per KARM we have a
Market cap of 7.274.752 $, which would be place 15 at coinmarketcap. I think this is way too overpriced and KARM will see a LTC market soon. Even buying at 2-4 sat is very risky imho.

Hmm...Features at first post says: "Approximately 92 billion total coins"
Where can I see currently mined coins? Where did you get this number - 204 060 373 384 ??

Their math is currently quite wrong.  Even if the block awarded a 2mil bonus we wouldn't hit 20bil until 9-10k blocks, much less 200bil-more than the 97bil total.  But since its not 2mil per block, but up to that amount, it will be even less than that at 10k.  Unless I'm reading the block explorer wrong there are currently 7.5bil with 7485 blocks mined.  At the price quoted that would give a current market value of 300kish--assuming btc at 800 not the current price of 685-740.

[mailliam]

With currently ~ 204060373384 coins in existence and a price of 5 sat per KARM we have a
Market cap of 7.274.752 $, which would be place 15 at coinmarketcap. I think this is way too overpriced and KARM will see a LTC market soon. Even buying at 2-4 sat is very risky imho.

Hmm...Features at first post says: "Approximately 92 billion total coins"
Where can I see currently mined coins? Where did you get this number - 204 060 373 384 ??

Their math is currently quite wrong.  Even if the block awarded a 2mil bonus we wouldn't hit 20bil until 9-10k blocks, much less 200bil-more than the total.  But since its not 2mil per block, but up to that amount, it will be even less than that at 10k.  Unless I'm reading the block explorer wrong there are currently 7.5bil with 7485 blocks mined.  At the price quoted that would give a current market value of 300kish--assuming btc at 800 not the 700-760 it currently is.

How often do you get the 2million bonus if it is not per block?

[ptman]

With currently ~ 204060373384 coins in existence and a price of 5 sat per KARM we have a
Market cap of 7.274.752 $, which would be place 15 at coinmarketcap. I think this is way too overpriced and KARM will see a LTC market soon. Even buying at 2-4 sat is very risky imho.

See the marketcap here (http://www.worldcoinindex.com/).

Its close to only 217,000 USD.

Your calculations are wrong.

[Khaoimon]

With currently ~ 204060373384 coins in existence and a price of 5 sat per KARM we have a
Market cap of 7.274.752 $, which would be place 15 at coinmarketcap. I think this is way too overpriced and KARM will see a LTC market soon. Even buying at 2-4 sat is very risky imho.

Hmm...Features at first post says: "Approximately 92 billion total coins"
Where can I see currently mined coins? Where did you get this number - 204 060 373 384 ??

Their math is currently quite wrong.  Even if the block awarded a 2mil bonus we wouldn't hit 20bil until 9-10k blocks, much less 200bil-more than the total.  But since its not 2mil per block, but up to that amount, it will be even less than that at 10k.  Unless I'm reading the block explorer wrong there are currently 7.5bil with 7485 blocks mined.  At the price quoted that would give a current market value of 300kish--assuming btc at 800 not the 700-760 it currently is.

How often do you get the 2million bonus if it is not per block?

Last 10 blocks of my pool are 160k, 1.6mil, 400k, 250k, 81k, 320k, 25k, 660k, 260k, 1.6mil.  It is UP TO a 2mil bonus. Not consistently. Should be interesting when we hit 10k and the reward drops to UP TO 1.5mil considering those numbers.

[JohnCar]

With currently ~ 204060373384 coins in existence and a price of 5 sat per KARM we have a
Market cap of 7.274.752 $, which would be place 15 at coinmarketcap. I think this is way too overpriced and KARM will see a LTC market soon. Even buying at 2-4 sat is very risky imho.

Hmm...Features at first post says: "Approximately 92 billion total coins"
Where can I see currently mined coins? Where did you get this number - 204 060 373 384 ??

Their math is currently quite wrong.  Even if the block awarded a 2mil bonus we wouldn't hit 20bil until 9-10k blocks, much less 200bil-more than the total.  But since its not 2mil per block, but up to that amount, it will be even less than that at 10k.  Unless I'm reading the block explorer wrong there are currently 7.5bil with 7485 blocks mined.  At the price quoted that would give a current market value of 300kish--assuming btc at 800 not the 700-760 it currently is.

How often do you get the 2million bonus if it is not per block?

Last 10 blocks of my pool are 160k, 1.6mil, 400k, 250k, 81k, 320k, 25k, 660k, 260k, 1.6mil.  It is UP TO a 2mil bonus. Not consistently. Should be interesting when we hit 10k and the reward drops to UP TO 1.5mil considering those numbers.

link to your pool please.....

[elixir]

Well, I still haven't sold my KARM... at this low price I rather loose all, than sell.

I am just laying back, and wait until it gets decent prices. Hopefully you will not push down the difficulty, because then more coins will be produced, and the easier is to create KARM, the cheaper it gets.

+1. I'm in your boat.

got room for 1 more. 

[mmayer707]

So is this gravity well being implemented or what?

[CoinSir]

Warning: Trade with extreme caution!

[zhangs]

coinmarket and mintpas are both down? Again? I want to buy more.

[mmayer707]

They are both up for me.....

[serje]

They are both up for me.....

same here!