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

[cryptowho]

yeah, we never get a break from coinwarz. always messing it up.

eveyone who is it for the long run. time to get some cheap karma. 

[Evolvo]

while I am in this coin for the long run....I sometimes fear that this community has turned into a circle jerk of maybe 10-30 people...

you're talking about buying cheap KARM right now...if it gets delisted from a BTC market...there is NO coming back...either this reverses today or it's done

[pugwilfy]

i just messaged coinwarz.. with this message

""hi, you currently have karmacoin listed as 510,000 block reward and random.. the block reward is no longer random, and as of block 50,000 which we just passed the reward has dropped down to 260,000 per block, please could you adjust this""

feel free to copy or use a similar message and contact them so they update it.. we could do with some publicity from them right now

http://www.coinwarz.com/contact

[cryptowho]

only 7 billion karma on exchange up for sale.

To me thats means at only 1/5 is on sale. 4/5 is distributed around.

this , this ... This looks pretty good. so far it a nice decentralized distribution.



also a friendly reminder. do not store your coins on exchanges. they could go down anytime and who knows that the next time is until you get them back

[BitTanker]

4 BTC buy order in cryptorush

[cryptowho]

i just messaged coinwarz.. with this message

""hi, you currently have karmacoin listed as 510,000 block reward and random.. the block reward is no longer random, and as of block 50,000 which we just passed the reward has dropped down to 260,000 per block, please could you adjust this""

feel free to copy or use a similar message and contact them so they update it.. we could do with some publicity from them right now

http://www.coinwarz.com/contact

thank you. but we messaged them before about coinmarked being down and they just fixed it now. pretty sure they will not chnage anything anytime soon

[pugwilfy]

while there might not be a buy order on mintpal there are people buying at 1 but due to no order its just going straight through

i just messaged coinwarz.. with this message

""hi, you currently have karmacoin listed as 510,000 block reward and random.. the block reward is no longer random, and as of block 50,000 which we just passed the reward has dropped down to 260,000 per block, please could you adjust this""

feel free to copy or use a similar message and contact them so they update it.. we could do with some publicity from them right now

http://www.coinwarz.com/contact

thank you. but we messaged them before about coinmarked being down and they just fixed it now. pretty sure they will not chnage anything anytime soon

and while what you are saying is true about them not changing it until now is true, they do listen.. they just never had mintpal on thier list of supported exchanges until a few hours ago.. i tweeted them a week or so back about this and they replied straight away, a few messages from us lot will certainly see them change this i am sure

[cryptowho]

we shall see now. it will take some more time for everyone else to panic dump.

[Evolvo]

while there might not be a buy order on mintpal there are people buying at 1 but due to no order its just going straight through

Meanwhile the sell wall at 1 satoshis is growing....I hope people here understand the urgency...if this doesn't reverse TODAY....this coin will be delisted...sent to LTC markets to never return.  Something has to be done now...I'm willing to put up a good amount of KARM for bounties, donations, etc.....we have to act NOW..and we have to act BIG or we're done

[cryptowho]

while there might not be a buy order on mintpal there are people buying at 1 but due to no order its just going straight through

i just messaged coinwarz.. with this message

""hi, you currently have karmacoin listed as 510,000 block reward and random.. the block reward is no longer random, and as of block 50,000 which we just passed the reward has dropped down to 260,000 per block, please could you adjust this""

feel free to copy or use a similar message and contact them so they update it.. we could do with some publicity from them right now

http://www.coinwarz.com/contact

thank you. but we messaged them before about coinmarked being down and they just fixed it now. pretty sure they will not chnage anything anytime soon

and while what you are saying is true about them not changing it until now is true, they do listen.. they just never had mintpal on thier list of supported exchanges until a few hours ago.. i tweeted them a week or so back about this and they replied straight away, a few messages from us lot will certainly see them change this i am sure

oh cool. they never answered to me

[matauc12]

If the KARM/BTC market is removed...you have essentially been de-listed.  Once we go to an LTC market..there's no coming back..

If you don't understand why going to ltc market is a good thing and the only way to go upwards, shame on you. I have explained why about 3 times in the past 3 pages.

But I guess you're not the only one that thinks that way, which is wrong, so because of your FUD, people might very well dump when they see a ltc listing. Gratz

[Evolvo]

If the KARM/BTC market is removed...you have essentially been de-listed.  Once we go to an LTC market..there's no coming back..

If you don't understand why going to ltc market is a good thing and the only way to go upwards, shame on you.

But I guess you're not the only one that thinks that way, which is wrong, so because of your FUD, people might very well dump when they see a ltc listing. Gratz

I'm not spreading FUD...I'm invested in this coin for the long run.  I understand how a LTC market listing can affect the dynamics of the spread.  No need to be insulting here.  The fact is that ZERO coins that have been demoted to LTC market have ever been able to recover to the BTC market again.  I'm posting here not to spread FUD but to get people to understand the urgency here.  We need to act now to move things forward...we can not afford to wait for a week or even a few days.  Let's stop the circle jerk and deal with reality.  I'm sure that I'm invested more than you are...no reason for me to spread FUD. 

[cryptowho]

while there might not be a buy order on mintpal there are people buying at 1 but due to no order its just going straight through

Meanwhile the sell wall at 1 satoshis is growing....I hope people here understand the urgency...if this doesn't reverse TODAY....this coin will be delisted...sent to LTC markets to never return.  Something has to be done now...I'm willing to put up a good amount of KARM for bounties, donations, etc.....we have to act NOW..and we have to act BIG or we're done

We have the same problem that most of scrypt coins have. there are multipools that mine the shit out anycoin and dump it. We have been trying to figure this out all a long. Look at coin warez. look at dogecoin( well before it crashed) no matter how strong the coin was. this pools would suck it dry.

An fortunately we have some big whale who has been like cancer to us. Always mining our coin, why?  because it showed profitable.

we realized they we able to jump in and mine all the most profitable blocks and we changed to fix that. We hoped that would prevent them from coming in and milking us. It didn't.

we are dealing with a sophisticated pool operator. We should be fixing this soon. This is truly a live and learn experience. Again, even a giant network like dogecoin suffered suck attacks. Looking at coinwarz daily probability and you can see that no matter what coin or how big it is they get sucked down to a poor payout.

[pugwilfy]

while there might not be a buy order on mintpal there are people buying at 1 but due to no order its just going straight through

Meanwhile the sell wall at 1 satoshis is growing....I hope people here understand the urgency...if this doesn't reverse TODAY....this coin will be delisted...sent to LTC markets to never return.  Something has to be done now...I'm willing to put up a good amount of KARM for bounties, donations, etc.....we have to act NOW..and we have to act BIG or we're done

We have the same problem that most of scrypt coins have. there are multipools that mine the shit out anycoin and dump it. We have been trying to figure this out all a long. Look at coin warez. look at dogecoin( well before it crashed) no matter how strong the coin was. this pools would suck it dry.

An fortunately we have some big whale who has been like cancer to us. Always mining our coin, why?  because it showed profitable.

we realized they we able to jump in and mine all the most profitable blocks and we changed to fix that. We hoped that would prevent them from coming in and milking us. It didn't.

we are dealing with a sophisticated pool operator. We should be fixing this soon. This is truly a live and learn experience. Again, even a giant network like dogecoin suffered suck attacks. Looking at coinwarz daily probability and you can see that no matter what coin or how big it is they get sucked down to a poor payout.

what you are saying is very true, i started mining casinocoin originally as it seemed to have a good stable price.. in around 3-4 weeks it has dropped by about half of what it was, maybe even more now

[cryptowho]

well, fixing to make it harder for anyone to jump in mine a few blocks then jump out. We want to get a more reflective re-target difficulty

[oddwh]

I think we should ask to Mintpal to create a LTC market before trade volume decrease too much. What do you think about this guys ?

[matauc12]

If the KARM/BTC market is removed...you have essentially been de-listed.  Once we go to an LTC market..there's no coming back..

If you don't understand why going to ltc market is a good thing and the only way to go upwards, shame on you.

But I guess you're not the only one that thinks that way, which is wrong, so because of your FUD, people might very well dump when they see a ltc listing. Gratz

I'm not spreading FUD...I'm invested in this coin for the long run.  I understand how a LTC market listing can affect the dynamics of the spread.  No need to be insulting here.  The fact is that ZERO coins that have been demoted to LTC market have ever been able to recover to the BTC market again.  I'm posting here not to spread FUD but to get people to understand the urgency here.  We need to act now to move things forward...we can not afford to wait for a week or even a few days.  Let's stop the circle jerk and deal with reality.  I'm sure that I'm invested more than you are...no reason for me to spread FUD.  

The "understand the urgency" blah blah is exactly what FUD means. What do you expect, for people to go and buy 100 btc worth right away so a ltc market doesn't open? Btw, at 4 satoshi, the spread is still 20%. Spread is supposed to be within 1% of trading fees. No one says if it goes to ltc that it had to trade at lower than 1 satoshi worth. But trading at litecoin levels will allow the coin to grow at reasonable rates. It is extremely unhealthy to have 1 pip (the lowest possible trading value) be worth 100%, 50% or even 5%. It'd the reason why it cannot go up. So why so reluctant about it? There is a friggen 100billion coin supply. Karmacoin would need a market cap of about 50 million to be able to have healthy trading at a 8 decimal pip.

At this point it's hard to recover either way, because some people seem to think like you in that ltc market means dead coin. If an ltc market was open when we were at 6satoshi, we would more than likely at very least still be around that price, if not higher. The unhealthiness of these huge spread trading is the sole thing that hurt us, and you wanna prolong that bad thing?

And I'm really not sure you are more invested in me in this lol

[matauc12]

Also, the girl scout fund has been fully raised for a couple days now with absolutely zero feedback from it. This needs to be addressed.

[Evolvo]

There's a difference between spreading FUD and honestly discussing reality.  Like I said, I'm sure I've invested more than you, and I have absolutely no reason to spread FUD.  What we do need is a fire under our asses to kick everything into high gear.  That doesn't mean "EVERYONE QUICK GO BUY 100 BTC WORTH".  It means "to do everything possible to promote this coin and its virtues in as urgent a manner as possible."  Trading at LTC WILL mean lower prices.  The reason being that the vast majority of people in the altcoin community buy coins to speculate on future value.  If the prices are so low that now that no one is buying at 1 satoshi, there's no reason to think we'll have such an influx of new buyers in an LTC market to push it beyond 1 satoshi in value.  Of course it's POSSIBLE, but incredibly unlikely.   If, we have an LTC market AND a BTC market, then what you speak of is far more likely.  But once the BTC market is gone, it's very unlikely to come back.  The point of what I'm saying is not FUD.  We are a community facing a reality, we either confront it and take action immediately or we run around with our fingers in our ears singing "la la la la" and hope that our positive energy is good enough.  Openly speaking about reality is not FUD or is it even negative, it is the MOST positive thing you can do because it actually works towards getting us where we want to go.

[cryptowho]

while there might not be a buy order on mintpal there are people buying at 1 but due to no order its just going straight through

Meanwhile the sell wall at 1 satoshis is growing....I hope people here understand the urgency...if this doesn't reverse TODAY....this coin will be delisted...sent to LTC markets to never return.  Something has to be done now...I'm willing to put up a good amount of KARM for bounties, donations, etc.....we have to act NOW..and we have to act BIG or we're done

We have the same problem that most of scrypt coins have. there are multipools that mine the shit out anycoin and dump it. We have been trying to figure this out all a long. Look at coin warez. look at dogecoin( well before it crashed) no matter how strong the coin was. this pools would suck it dry.

An fortunately we have some big whale who has been like cancer to us. Always mining our coin, why?  because it showed profitable.

we realized they we able to jump in and mine all the most profitable blocks and we changed to fix that. We hoped that would prevent them from coming in and milking us. It didn't.

we are dealing with a sophisticated pool operator. We should be fixing this soon. This is truly a live and learn experience. Again, even a giant network like dogecoin suffered suck attacks. Looking at coinwarz daily probability and you can see that no matter what coin or how big it is they get sucked down to a poor payout.

what you are saying is very true, i started mining casinocoin originally as it seemed to have a good stable price.. in around 3-4 weeks it has dropped by about half of what it was, maybe even more now

Well yes, as i mentioned few post above. Some small guy with 100 khs mined a coin at lunch. then they sold it and made 1 btcs. eventually this kind of news got reached to the real professional miners, the ltc minners and next thing you know. everyone mining scrypt-related coins now.

there is no more honor. who cares. there is money being made. look at aura , look at mezza , look at mintcoin. hi premine. yet selling like hell.

my highest unexpected? i mined grumpy coin in spite to being angry that coinyecoin fame got destroyed. i was probably one of the few 10 people that instamined it. there was no wallet source , only pool. then that pool went down. i was able to get 50 mill out. soon as it hit an exchange i sold them at 5 satoshis. made 2.5 btcs. for.. 30 minute of instamining.

Now grumpycoin got a new dev and they are working hard with it. tons of work. gonna raise right back up. As long as there is community , a coins doesn't fail. and i bought my 50 mill right back.  wish them the best.

look at coinyecoin. the best example of community pooling out all effort to revive it. reddit tipbot, youube tip bot, games , facebook tip bot, twitter. Chinese exchanges. everyday building a stronger and stronger database.  A coin with an idea. a coin with a purpose.

Hang in there guys.