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

[bluejean]

It would be just like buying shares in any company. The company will take the investor's money and re-invest it in hopefully profit making ventures, thus increasing the worth of the company, the share price and earning the investor a dividend. I hate using the term with some of the bad things that have happened in the crypto world recently but you can look at this as being an IPO to help launch Karmashares LLC with the initial investors being rewarded with x10 points per 1000 Karmacoins for the first week, x5 the second week and x2.5 the third week. After the IPO is over, x1.75 is the normal trade.

With everything this team has accomplished in the last few months and the seemingly clear vision they have, I have no fear investing at least some of my Karmacoins. I bought them early on so they cost me a few litecoins.

[Matheltu]

Thank you for your input!!

I will probably invest a little bit. At the moment KARMA is booming. I am hoping for 100 litoshi soon!

[lobo13]

Is karma too the moon!!!!

[Poogasm]

Hypothetical:
I invest 10 mil now during the 10x period and get my points. A month down the road, I snatch a bunch off an exchange and hold them for 30 days, I get a share for that. I am clear so far on this part, I think.

So, how does it work for that 10 mil I held for a month? If I sell them and someone else holds them for a month, they get a share for them too?
Or, if I only sell say, 1 mil of the ten and then buy 1 mil a couple weeks later and hold for a month, do I get another share even though 9 mil of that already counted toward a share?

[bluejean]

Hypothetical:
I invest 10 mil now during the 10x period and get my points. A month down the road, I snatch a bunch off an exchange and hold them for 30 days, I get a share for that. I am clear so far on this part, I think.

So, how does it work for that 10 mil I held for a month? If I sell them and someone else holds them for a month, they get a share for them too?
Or, if I only sell say, 1 mil of the ten and then buy 1 mil a couple weeks later and hold for a month, do I get another share even though 9 mil of that already counted toward a share?

Just go to karmashares.com

The FAQ there will answer most of your questions, though some things have not been finalized yet.

What I understand about karma held in a wallet is if you have over 10 million held for 30 days, you will earn 1 share/point for every 1000 karma you have in your wallet. I'm not sure how to answer your other questions so will defer to the team.

[Poogasm]

I've read the faq. It doesn't address my question, yet.

[kosmost]

Please refer to http://karmacoin.me/download_wallets for the new location of Mac and Linux wallets.

Apologies for the bad link. There was an issue with the menu structure.

[kosmost]

Hypothetical:
I invest 10 mil now during the 10x period and get my points. A month down the road, I snatch a bunch off an exchange and hold them for 30 days, I get a share for that. I am clear so far on this part, I think.

So, how does it work for that 10 mil I held for a month? If I sell them and someone else holds them for a month, they get a share for them too?
Or, if I only sell say, 1 mil of the ten and then buy 1 mil a couple weeks later and hold for a month, do I get another share even though 9 mil of that already counted toward a share?

Thanks for your patience. Please allow me a couple of hours to properly address your question. The launch is coming shortly and I want to make sure everything is ok

[Poogasm]

Hypothetical:
I invest 10 mil now during the 10x period and get my points. A month down the road, I snatch a bunch off an exchange and hold them for 30 days, I get a share for that. I am clear so far on this part, I think.

So, how does it work for that 10 mil I held for a month? If I sell them and someone else holds them for a month, they get a share for them too?
Or, if I only sell say, 1 mil of the ten and then buy 1 mil a couple weeks later and hold for a month, do I get another share even though 9 mil of that already counted toward a share?

Thanks for your patience. Please allow me a couple of hours to properly address your question. The launch is coming shortly and I want to make sure everything is ok

No problem Kosmo.

[ShawnLeary]

One more spot to #1!  Go Karma!

Also, LTC is moving up at the same time, so a bigger boost for Karma

[ryannguyen18]

Great questions, details are coming.  This has never been done before so we want to make sure we have all the details hammered down before launch, but the mission of KarmaShares, and that of Karma the crypto, will be one in the same.  KarmaShares will be the nimble business end of Karma representing us in both the business and scholastic arenas.

Shawnleary, do you know what is total karmashare points ? I know we have total 92 karmacoins not karmashare points...
Thanks

Did u even read the FAQ ...


no one can know the Total unless the quantum end + more % for the POC


btw ltc getting some momentum too close to 0.026 

I mean grand total of points....ex: a company wants to sell 400,000 shares, that's it no more than that.....

[chunkypools]

We're in on karmacoin!

We believe that KarmaCoin is poised to make a serious return. We added karmacoin tonight on a tip from our trading group, after a few of our members made a tidy profit tonight on the mintpal LTC/Karm exchange.

With the low difficulty on karmacoin right now, you've got a great opportunity at increased block rewards by trying out new pools on this coin. Consider chunkypools.com/karm/, we're proud of our many custom features, user friendly experience, and supportive community.

Our trading group is also great for providing tips and very current info on coins. Free entry to Chunky Traders is granted via mining with chunky!

[ShawnLeary]

We're in on karmacoin!

We believe that KarmaCoin is poised to make a serious return. We added karmacoin tonight on a tip from our trading group, after a few of our members made a tidy profit tonight on the mintpal LTC/Karm exchange.

With the low difficulty on karmacoin right now, you've got a great opportunity at increased block rewards by trying out new pools on this coin. Consider chunkypools.com/karm/, we're proud of our many custom features, user friendly experience, and supportive community.

Our trading group is also great for providing tips and very current info on coins. Free entry to Chunky Traders is granted via mining with chunky!

Thanks for adding us! 

[ShawnLeary]

Anyone else notice our market-cap is approaching ReddCoins???  Hmmmm.....

[Matheltu]

Price predictions for KARMA for next.....
-2 weeks
-1 month
-3 months
-1 year

[easteagle13]

Price predictions for KARMA for next.....
-2 weeks
-1 month
-3 months
-1 year

in 10minutes...

[kosmost]

Anyone else notice our market-cap is approaching ReddCoins???  Hmmmm.....

They are very close to a market cap of $200,778 if they trade at 2 satoshis today. Their only buy orders on Poloniex are at 1 and 2 satoshis.

At 38 litoshis (and $13 LTC), our market cap is $236,818, nearly 20% higher

[kosmost]

Exchange address for Quantum 1 posted

Click here

[mashac]

Is wallet still the one released on 2/20/2014, or is there a new version..?

[spitfire1337]

Exchange address for Quantum 1 posted

Click here

I'm in, already sent!