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

[ManicMeddler]

i tell you what is not helping prices? on mintpal the site has a bug that only lets you sell ALL of your KARM so not helping mintpal, ive reported to dev but they cannot replicate it can someone pls confirm using chrome pls?

[wc-miner]

karmacoin.info is very slow, coins are there they just take forever to process.

Haha, I mined and waited patiently almost three hours without seeing any profit. Maybe I should train my patience even more because now I am finally seeing some income in my account.

That hashrate -meter in that pool is really frenzy though. Can't count on that. It fluctuates between 200khash/s and 1200khash/s all the time. Hashrate @ cgminer is 795 khash/s.

[serje]

i tell you what is not helping prices? on mintpal the site has a bug that only lets you sell ALL of your KARM so not helping mintpal, ive reported to dev but they cannot replicate it can someone pls confirm using chrome pls?

Will test what you say after update! Currently they are performing an update!

[djslick]

So, either we, as a community, band together all of our hash into one megapool that can poach these high value blocks faster, and better than these mystery pools, or else we just lose.

simple choice, and it won't happen, what with free will and all...

therefore the people out there with 1000+ card rigs control the market, they manipulate the prices on exchanges putting up massive buy/sell walls so they buy at 3 and sell at 4, and no one else has enough BTC/hash/focus to be able to beat them at this game, therefore we will always lose.

get used to it, with this unregulated bullshit it's handing money over to criminals looking to abuse the system for their own advantage. if we're not all united and IMMEDIATELY put a stop to it (ie. oh they're scamming all the 1mil+ blocks that no one else can get?, INSTA hard fork, no questions asked) then we're all accessories in this criminal behaviour.

how anyone could stand by and just "hope for the best, it's karma afterall!" are delusional sheep. you're aiding criminals. good luck with that.

TL:DR
-------------
the rich get richer, the poor stay ignorant

[serje]

i tell you what is not helping prices? on mintpal the site has a bug that only lets you sell ALL of your KARM so not helping mintpal, ive reported to dev but they cannot replicate it can someone pls confirm using chrome pls?

Order ID    Type    Market    Time    Price    Amount    Total    Fee    Net Total
JUXQ-71409273   SELL   KARM/BTC   2014-02-20 00:29:44   0.00000004   300.00000000   0.00001200   0.00000002   0.00001198
Coin Name    Code    Available Balance    Pending Deposits    Pending Withdrawals    Held for Orders    
Karmacoin   KARM   700.00000000   0.00000000            0.00000000            300.00000000

When you want to pun an ofter just write in the box how much you want to sell don't click on your available balance!
If you click on that it will auto complete with your balance!

[ManicMeddler]

just cos hes rich doesnt make him a criminal, he just is doing what any of us would do if we could lol

[ManicMeddler]

i tell you what is not helping prices? on mintpal the site has a bug that only lets you sell ALL of your KARM so not helping mintpal, ive reported to dev but they cannot replicate it can someone pls confirm using chrome pls?

Order ID    Type    Market    Time    Price    Amount    Total    Fee    Net Total
JUXQ-71409273   SELL   KARM/BTC   2014-02-20 00:29:44   0.00000004   300.00000000   0.00001200   0.00000002   0.00001198
Coin Name    Code    Available Balance    Pending Deposits    Pending Withdrawals    Held for Orders    
Karmacoin   KARM   700.00000000   0.00000000            0.00000000            300.00000000

When you want to pun an ofter just write in the box how much you want to sell don't click on your available balance!
If you click on that it will auto complete with your balance!

lol yeah i know that dude........but on chrome for me, if i try to enter anything except all of it, i get can only sell same or less than balance lol

not helping prices i wish they would suspend it til fixed

[serje]

i tell you what is not helping prices? on mintpal the site has a bug that only lets you sell ALL of your KARM so not helping mintpal, ive reported to dev but they cannot replicate it can someone pls confirm using chrome pls?

Order ID    Type    Market    Time    Price    Amount    Total    Fee    Net Total
JUXQ-71409273   SELL   KARM/BTC   2014-02-20 00:29:44   0.00000004   300.00000000   0.00001200   0.00000002   0.00001198
Coin Name    Code    Available Balance    Pending Deposits    Pending Withdrawals    Held for Orders    
Karmacoin   KARM   700.00000000   0.00000000            0.00000000            300.00000000

When you want to pun an ofter just write in the box how much you want to sell don't click on your available balance!
If you click on that it will auto complete with your balance!

lol yeah i know that dude........but on chrome for me, if i try to enter anything except all of it, i get can only sell same or less than balance lol

not helping prices i wish they would suspend it til fixed

2014-02-20 00:44:47   SELL   300.00000000   0.00000007   0.00002100   0.00000003   0.00002097

2014-02-20 00:29:44   SELL   300.00000000   0.00000004   0.00001200   0.00000002   0.00001198

Just posted another order with chrome!
This is my version Versiunea 30.0.1599.101 m

what version of chrome do you have?

[ManicMeddler]

32.0.1700.107 m

[serje]

32.0.1700.107 m

Uninstall and search for an older version of Chrome
I'm sure it's Chrome's fault!
Here you can get my version to test with
http://www.filehippo.com/download_google_chrome/16163/

[ManicMeddler]

surely its better to fix the site, im not selling anyway i just noticed it, ive withdrawn now

[serje]

surely its better to fix the site, im not selling anyway i just noticed it, ive withdrawn now

The problem is not with the site
The problem is with Chrome

How do you explain i can do it in Chrome when you can't and we have different versions???

If they own Chrome then yes you can ask them to fix it but otherwise I guess you have to talk with Chrome aka Google!

[ShawnLeary]

Please go and vote to have Karmacoin added to this exchange.  Almost past VertCoin!

http://www.allcrypt.com/beta/voting.php

[JohnCar]

So, either we, as a community, band together all of our hash into one megapool that can poach these high value blocks faster, and better than these mystery pools, or else we just lose.

simple choice, and it won't happen, what with free will and all...

therefore the people out there with 1000+ card rigs control the market, they manipulate the prices on exchanges putting up massive buy/sell walls so they buy at 3 and sell at 4, and no one else has enough BTC/hash/focus to be able to beat them at this game, therefore we will always lose.

get used to it, with this unregulated bullshit it's handing money over to criminals looking to abuse the system for their own advantage. if we're not all united and IMMEDIATELY put a stop to it (ie. oh they're scamming all the 1mil+ blocks that no one else can get?, INSTA hard fork, no questions asked) then we're all accessories in this criminal behaviour.

how anyone could stand by and just "hope for the best, it's karma afterall!" are delusional sheep. you're aiding criminals. good luck with that.

TL:DR
-------------
the rich get richer, the poor stay ignorant

The whole thing is a mess right now. Cashing out now 1/2 of my Karma coins take my 1 btc profit and be done. The price is not going to budge for a while. Everyone should read your post very carefully........

[bitwho]

bhahah sell karma at this cheap prices?


the only reason the price is stable there is because people are holding their coins. they are smart. and only silly traders are trying to sell high and buy low.


This coin is fair. non premined. distributed around. Hard working Dev. Involved pool owners. And active reddit/twitter/facebook.

so yeah. the value of it rise. Halving just around the corner  

[pandher]

The value will not go more down(its only bare 3 sats), it can only go up

[dustinfroe]

Guys new exchange to launch soon lazycoins.com. They look pretty cool we should vote now for them to add us

https://bitcointalk.org/index.php?topic=471779.0;all

[DrTrouble]

Yep, mined with 8000kH/s on http://pool.karmacoin.info/ and received about $25 worth of Karmacoin when I expected at least double that.  *sigh*, back to Dogecoin for now.

[Karmagood]

From the Dev:

Several members of the community wrote about how the Karmacoin rewards needed to be changed.  We are listening, and we are going to change the way the rewards work to make sure the large multi-miners cannot get an advantage in the rewards they get. 

This change will increase the value of the coin as well because the reward payouts will be more predictable and will remove an exploit that large-blackhat miners can take advantage of.  The coin inflation, total coins, planned coin release flow, etc will not change at all.  Estimated payouts in coinwarz, pools, coinmarketcap.com. etc will also not need to be changed as the estimates were based on the same numbers used in the new rewards program.

We will be posting a new version of the wallet shortly to implement the new rewards.

Currently, if someone has a large amount of hashpower (i.e. 1GH of mining capability) relative to the entire network, they can exploit the system by only mining when they determine the next block will have a large payout.  This issue is related to the way the random payouts work.  The random payout algorithm is the same that DOGE uses, only because DOGE's network is larger, the issue is not seen as readily with DOGE.  See http://www.reddit.com/r/dogemining/comments/1x1p76/something_is_rotten_in_the_state_of_doge_mining/ for more details.

The new rewards will work as following:

0-10,000 blocks => 10,000 + 1,000,000 bonus
10,000-25,000 blocks => 10,000 + 750,000 bonus
25,000-50,000 blocks => 10,000 + 500,0000 bonus
50,000-100,000 blocks => 10,000 + 250,000 bonus
100,000-200,000 blocks => 10,000 + 100,000 bonus
200,000-300,000 blocks => 10,000 + 25,000 bonus
300,000-400,000 blocks => 10,000 + 10,000 bonus
500,000+ blocks => 10,000 coins

[nrg_wolf]

From the Dev:

Several members of the community wrote about how the Karmacoin rewards needed to be changed.  We are listening, and we are going to change the way the rewards work to make sure the large multi-miners cannot get an advantage in the rewards they get. 

This change will increase the value of the coin as well because the reward payouts will be more predictable and will remove an exploit that large-blackhat miners can take advantage of.  The coin inflation, total coins, planned coin release flow, etc will not change at all.  Estimated payouts in coinwarz, pools, coinmarketcap.com. etc will also not need to be changed as the estimates were based on the same numbers used in the new rewards program.

We will be posting a new version of the wallet shortly to implement the new rewards.

Currently, if someone has a large amount of hashpower (i.e. 1GH of mining capability) relative to the entire network, they can exploit the system by only mining when they determine the next block will have a large payout.  This issue is related to the way the random payouts work.  The random payout algorithm is the same that DOGE uses, only because DOGE's network is larger, the issue is not seen as readily with DOGE.  See http://www.reddit.com/r/dogemining/comments/1x1p76/something_is_rotten_in_the_state_of_doge_mining/ for more details.

The new rewards will work as following:

0-10,000 blocks => 10,000 + 1,000,000 bonus
10,000-25,000 blocks => 10,000 + 750,000 bonus
25,000-50,000 blocks => 10,000 + 500,0000 bonus
50,000-100,000 blocks => 10,000 + 250,000 bonus
100,000-200,000 blocks => 10,000 + 100,000 bonus
200,000-300,000 blocks => 10,000 + 25,000 bonus
300,000-400,000 blocks => 10,000 + 10,000 bonus
500,000+ blocks => 10,000 coins

Excellent work dev, iam glad to see your standing by your coin and doing everything to help it survive in the crypto world.