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

[Robert Lewandowski]

Yeah i think there is a slow demand for this coin plus MintPal is an awesome exchange.

[MuffinMaster]

Yeah i think there is a slow demand for this coin plus MintPal is an awesome exchange.

mintpal is brand new. I bet there is less then 100 users on the whole site. It is not indicative of the market at large.

[johnngbluntzky]

Yeah i think there is a slow demand for this coin plus MintPal is an awesome exchange.

mintpal is brand new. I bet there is less then 100 users on the whole site. It is not indicative of the market at large.

excellent point. really liking mintpal so far though, in it's beta stage.

[DrGoose]

Seems a bit overprice above 6 for now.

Usually new coins stay near the miner/dumper "price", which would be around 3 satoshis for this coin.

May be my calculation is off... anyway, I am placing a few order to accumulate around 3 just in case I am right.

Good luck all.

Why is 6 high?

because he's trolling and wants to buy low, then make several thousand dollars in a night. he's wrong, market has already proven it. free market always decides, trolls try to manipulate. this is common knowledge if you been in the game long enough.

If you look at my previous posts you will see that it is the first time I was opening a discussion about my strategy to use the miner/dumper pricing to set my entry point with new coins... should have thought it would be misinterpreted and I kinda regret it now.

Sorry, please ignore my previous post and I will keep my "trolling" to myself ;-)

Update 2/12/14:
Just to wrap things up... in the end Karma was not much different than most coins. Miner/dumper pricing is a strong force driving the price levels in the early days of *most* new coins.

I did accumulate >150M at 4 and 3 sats, and still have open orders at 3 (today's steady buy side price). I have also a buy order at 2 just in case, but low probability to get that one filled.

The dynamic is now changed with the KGW algo deployment. Better days ahead, good luck all.

[johnngbluntzky]

Seems a bit overprice above 6 for now.

Usually new coins stay near the miner/dumper "price", which would be around 3 satoshis for this coin.

May be my calculation is off... anyway, I am placing a few order to accumulate around 3 just in case I am right.

Good luck all.

Why is 6 high?

because he's trolling and wants to buy low, then make several thousand dollars in a night. he's wrong, market has already proven it. free market always decides, trolls try to manipulate. this is common knowledge if you been in the game long enough.

If you look at my previous posts you will see that it is the first time I was opening a discussion about my strategy to use the miner/dumper pricing to set my entry point with new coins... should have thought it would be misinterpreted and I kinda regret it now.

Sorry, please ignore my previous post and I will keep my "trolling" to myself ;-)

honestly i don't think i care enough to respond other than saying this.

[dmgta]

Seems a bit overprice above 6 for now.

Usually new coins stay near the miner/dumper "price", which would be around 3 satoshis for this coin.

May be my calculation is off... anyway, I am placing a few order to accumulate around 3 just in case I am right.

Good luck all.

Why is 6 high?

because he's trolling and wants to buy low, then make several thousand dollars in a night. he's wrong, market has already proven it. free market always decides, trolls try to manipulate. this is common knowledge if you been in the game long enough.

If you look at my previous posts you will see that it is the first time I was opening a discussion about my strategy to use the miner/dumper pricing to set my entry point with new coins... should have thought it would be misinterpreted and I kinda regret it now.

Sorry, please ignore my previous post and I will keep my "trolling" to myself ;-)

honestly i don't think i care enough to respond other than saying this.

+1

[MintPal-Jay]

Yeah i think there is a slow demand for this coin plus MintPal is an awesome exchange.

mintpal is brand new. I bet there is less then 100 users on the whole site. It is not indicative of the market at large.

We've managed to get quite a few more users than that and it's only been just over 12 hours. Give it at least another 12-24 hours and it should give a good indication of the market for the coin, I am liking what I see with Karmacoin and this is exactly why we chose it.

[Khaoimon]

My Karma ran over your Dogema! That is is all.

[dmgta]

Yeah i think there is a slow demand for this coin plus MintPal is an awesome exchange.

mintpal is brand new. I bet there is less then 100 users on the whole site. It is not indicative of the market at large.

We've managed to get quite a few more users than that and it's only been just over 12 hours. Give it at least another 12-24 hours and it should give a good indication of the market for the coin, I am liking what I see with Karmacoin and this is exactly why we chose it.

Your exchange kicks ass hope it can stay this good once you get a bigger user base

thanks +1

[kujaultima]

What was with the 0.00000300 spike just after listing? Anyone know?

[bitwho]

32 BTC trading volume and over 2 Gh/s hashnet. cool 

[VST]

32 BTC trading volume and over 2 Gh/s hashnet. cool 

This coin is gonna be leafcoin huge if not bigger

[MintPal-Jay]

Your exchange kicks ass hope it can stay this good once you get a bigger user base

thanks +1

Thanks for the kind comments!

We built it with scalability in mind, so hopefully we should be able to adapt well!

[deuteronpsi]

Is anyone here buying this coin... or is everyone mining?


I lost in every single ALT coin i invested in... probably lost about 6-7 BTC total.... I really need a winner. Do you guys think 10 sats is good or are you waiting for a dip?

I bought plenty at 2 sats

[Poogasm]

I only see it dropping atm...   

[bitwho]

Just give it some time. Probably some big whale miners. Mining and selling. look at the network, 2.1 gh/s

keep in mind few things...

never trade more then you can afford

this coin had no premine.

nethash is growing.




i'm holdin to my coins for and mining away for now. who knows what 50 000 coins will be worht down the road

[johnngbluntzky]

I only see it dropping atm...    

it's because weak hands are setting very low sell walls. put some buys up, buy the pussies out by making them come to you, and you will make more btc because of them.

[Dafar]

It's at 4 satoshi now.... good buy?!

[VST]

It's at 4 satoshi now.... good buy?!

Possibly, we have what looks like strong holding patterns at 6 though. You are probably gonna have a hard time getting 4 to budge. And the market likes to move itself up or down depending on how it flucutates, so any wall could be temporary.

Don't put tons of money into it though.

[dmgta]

Your exchange kicks ass hope it can stay this good once you get a bigger user base

thanks +1

Thanks for the kind comments!

We built it with scalability in mind, so hopefully we should be able to adapt well!

+100