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

[Karmagood]

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.

I am waiting to hear back from my contact there.
As soon as we connect - we will announce it to the world via a press release.
I will call her in the AM.

She just called me.
She said "You are awesome thank you for being awesome."
We will inform the world in the next 24 hours.

How will the Girls scout team cash out the Karma coins if there is already 1 satoshi sell orders > 6 btc and no buyers..?

cashed them out to BTC at 4:35p est.  All set.

[matauc12]

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 ?

Mintpal will do it once the coin has been trading with near zero volume for an extended period of time.  Cage coin and Rabbit have been basically zero for months.

I'm not even sure if they were listed for months.

But mintpal issued a news yesterday that they will actively be cleaning up markets. So I would honestly expect ltc listing within a day. Finally.

[cryptowho]

probably not. this coin has a 17 btc buy orders . an average of 10 btcs a day. Lets see what tomorrow brings. : )

[kosmost]

Dear K Team

Per the team list post* the following is the list of responsibilities for the Karma Team

If you would like to be on the list please send me a pm. (For those previously on the list, unfortunately you did not reply in time. Please let me know if I've missed your message)

PLEASE NOTE your participation on the r/KarmacoinProject (@Reddit) is a requirement of being on the K-Team. If you are not active there you will be thrown out of the K-Team van somewhere deep in the heart of Bolivia. Do your best to post, respond, offer ideas, feedback, etc.

Also, if you have time please make your way over to the IRC channel: http://webchat.freenode.net/?channels=%23karmateam

This way we can discuss some upcoming events, etc.

I love it when a plan comes together! Let's do this...

ShawnLeary                   PR/Communications/marketing                Fully Committed
Kosmost                        Project Lead                                           Fully Committed
Alphi                             PR/Communications                                partially committed+
jwcplanet                      graphic maestro                                      Fully Committed
karmazaki                     communication channel development        Fully Committed
Cryptowho                    PR/Communications/Project Lead              Fully Committed
Kartojal                         dev                                                        partially committed
javijavier                       reddit                                                     Fully Committed
Dunking Style                 Markets                                                 Fully Committed

*https://bitcointalk.org/index.php?topic=447657.msg5587201#msg5587201

[mashac]

Since enough coins are already in circulation, what about cutting down the block rewards massively..? There's huge sell walls, but no buying interest... so more coins coming in to the market may hurt the chances of karma rising again...

[matauc12]

Since enough coins are already in circulation, what about cutting down the block rewards massively..? There's huge sell walls, but no buying interest... so more coins coming in to the market may hurt the chances of karma rising again...

wow no... just no...

[kosmost]

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.

I am waiting to hear back from my contact there.
As soon as we connect - we will announce it to the world via a press release.
I will call her in the AM.

She just called me.
She said "You are awesome thank you for being awesome."
We will inform the world in the next 24 hours.

Catch the time, please.More and more sell order at 1.

If it means coins are moving out of the hands of mining pools and into the hands of believers, then it is a good thing.

Belief in Karmacoin will be rewarded as the value of what we're doing is made obvious. Personally, I think it's great that someone who believes in what we're doing can buy KARM now at 1 satoshi.

There are only two things we should be worried about: 1) what can I (you) do to build Karmacoin?; and 2) why am I not doing it right now?

The market will work itself out. A free market welcomes manipulators, too. But the stronger the brand is, the more transparent our actions are, and stronger our community is, the less manipulation will occur.

Companies like Coca Cola and Microsoft did not become global powerhouses by focusing on their stock prices. Can you imagine Bill Gates panicking every time MSFT shares dropped to the floor? Jeff Bezos? The Zappos guy? In order to succeed, we forge ahead with our plans and make each day better than the last. Because we know what we're doing is right, and nothing can stop us. And that is what we're doing as we speak.

Karma = Action + Result

[kosmost]

Since enough coins are already in circulation, what about cutting down the block rewards massively..? There's huge sell walls, but no buying interest... so more coins coming in to the market may hurt the chances of karma rising again...

Last 24 hours have seen 16.462 BTC worth of transactions on Mintpal. (My chart from a couple of days ago is at the bottom. People are very interested in Karmacoin.)

There is lots of buying interest compared with other coins. Buy you don't see Bids in the list right now because each bid is immediately satisfied.

Karmacoin is an active coin with 1) currently rock bottom price; and 2) mining pools dumping.

#1 is most likely because of #2.

This will change as we grow our community. (A possible bug is also being looked at)

I don't normally respond to market-related posts since I am more involved in more of the big picture. But there it is.

[kosmost]

On Reddit someone posted that they're looking to get out of DOGE and into another coin.

http://www.reddit.com/r/CryptoCurrency/comments/206kgo/life_after_doge/

In what ways do you feel Dogecoin is similar to Karmacoin, and how do you think it's different? (This question is for anyone/everyone... don't be shy!)

[GoldSeal]

no bid on mintpal now. trumpets playing taps

[cryptowho]

well. doest matter how high that sell order build up at 1.. its being slowly eaten by buys...


we can't make that up. 24 Hour Volume: 20.995 BTC   coins way more then dead.

Top Sell Orders
PRICE (BTC)    KARM    BTC
0.00000001   17026273.68685854           0.17026274
0.00000002   1450202775.32134633   29.00405397

and this is with current volume of people interested. We are constantly. working to promote this coin.


not saying the coin going to sell 5 satoshis tomorrow. just want to comfort those that fear the dead of the exchange activity. pretty sure they will be an other 10 btc volume tomorrow. question is 10btcs=1 billion coins. do you see 1 billion coins being dump that easy?

you want a quick pump. go join reddcoin.

stay tuned for karmacoin
: )

[kosmost]

Finalists have been selected in our logo contest. You can vote on and rate all the designs.

Vote here!
https://99designs.com/logo-design/vote-ye0jv1

[Evolvo]

some really good stuff in there...nicely done guys!

[geekpex]

Just to be sure, I noticed BTER exchange sites voting thread for new coins.
Everyone go and vote for KARM!

https://bitcointalk.org/index.php?topic=502363.0

[ShawnLeary]

6 finalists have been selected in our logo contest. Vote and rate all 8 designs.

Vote here!
https://99designs.com/logo-design/vote-9e2pny

some great designs!  The two I like are currently the top two

[ShawnLeary]

From a strictly fair distribution point of view, what is happening now could not be better.  20BTC volume in last 24 hours, essentially all at 1 satoshi.  I am involved in the NEM project where distribution is being done so fairly that there is an ongoing spanish inquisition style research of each initial genesis block donor, tracing the small amount of BTC or NXT back to whomever created the puppet account.  Its pure socialism and is it really "fair" if there was only a small window to get your money in and if you come a day late you can't get any?

I feel that Karmacoin may be the most evenly distributed coin to date since BitCoin and LiteCoin.  Its not pre-mined, so every coin on the market has already been through at least one person's hands.  Then the market has decided from there.  Karma is just a little over one month old and 1/3 of the coins are now on the market.  During this time we have seen the collapse in price of BitCoin and somewhat, the public trust in crypto, the demise of the most infamous BitCoin exchange, and yet Karma still has sizable volume at the rock bottom price.  Handing out Proof of Stake coins, no matter how fairly it is done, cannot compete with individuals putting their money where their mouths and minds are in the free market.  Call us a bunch of circle jerkers, that's fine, but we aren't going anywhere and we aren't selling until a part of the proceeds can be donated to make a difference.

[BitTanker]

great design ! 

[kosmost]

great design ! 

which one do you like?

[BitTanker]

great design ! 

which one do you like?

#134 and #93

[Alphi]

great design !  

which one do you like?

#134 and #93

+1

I like 166 too because the elephants trunks are like holding hands.. but the blaring red background is too strong.. so that's why I voted the other ones higher.

I'm really impressed at the kind of talent that this comp has attracted.
that's how it should be.. the best and brightest joining in on one of the biggest ideas to come out of crypto..