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Author Topic: [ANN][KARM] Karmacoin - New Initiatives - Helping People Do Good  (Read 352320 times)
heartastack
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April 20, 2014, 02:16:46 PM
 #4741

Coin looks good!
Momimaus
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Never back down !!!


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April 20, 2014, 02:34:50 PM
 #4742


It´s hard for me to understand.
But in conclusion, you double the amount of shares. So for each coin there will be an additionally karmashare. So wheather you receive coins for share, or you keep the share, you will have half of all shares/coins. Isn´t it?
So thats´s just an additionally IPO?

?

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kosmost
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April 20, 2014, 02:41:07 PM
 #4743

To the person who sent 514,999 (515,000) coins. Please note that the minimum is 10,000,000 coins, so you have 9,485,000 coins more to exchange. Thanks!

kosmost how will you know from whom the coin came?

A person will own the LLC according to their wallet address. This is also how we will vote and verify any BTC payment address (via signed message).

As you can see on the latest transaction page (PDFs to come), we have the transaction's ID and the wallet address that it came from. We may make it in future so you can login to the Share Explorer and associate multiple wallet addresses with your profile so you don't have to enter or search for each one manually.

I hope this answers your question. Please let us know should you have any other questions or concerns.

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kosmost
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April 20, 2014, 02:42:59 PM
Last edit: April 20, 2014, 03:11:51 PM by kosmost
 #4744

Can I send straight to the KARMAshare wallet sddress from my mintpal account?

No. Sorry. You must send funds through your Windows/Mac/Linux wallet.

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kosmost
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April 20, 2014, 02:44:16 PM
 #4745

Guys. c'mon now. karmacoin is not about poking at other communities. don't forget. there are people there who are at lost in investments.

i wish we all work together and help each other out. there is room for a lot of coins at crypto world.

i hope the best to all the coins.

Me, too. Especially Reddcoin since I have so many of them!

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kosmost
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April 20, 2014, 02:46:32 PM
 #4746

Karmacoin is now a charter member of the new Altcoin Alliance, along with Litecoin, Dogecoin, and Digibytes.

Join us! https://www.altcoinalliance.org/cf/forumdisplay.php?fid=24

kosmost = Karma coin's most

Great news.  Cheesy

(In Carl Sagan's Cosmos voice) "Billions and billions of coins make up the altcoin galaxy"

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spitfire1337
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April 20, 2014, 02:47:23 PM
 #4747

Can I send straight to the KARMAshare wallet sddress from my mintpal account?

Yes, that is fine.

How would he be able to send you a btc address for payouts via signed message if he doesn't have access to the wallet that the sending address is from. I wouldn't recommend it.
kosmost
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April 20, 2014, 02:47:38 PM
 #4748



 Just sent my first 5 Mil to: K8rMbDnZ7xX9VqBXmLwA7DCnYra1ftw3gE
Will send more soon  Smiley

Thanks! You can check the Shares and Points List now (PDFs to come in a few hours): http://karmashares.com/explorer-v01

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kosmost
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April 20, 2014, 02:51:47 PM
 #4749

Kosmost, thanks for being so helpful to the community.

Also, is there a new version of the wallet as of today? Or am I holding the latest wallet already? (I downloaded it 1 month ago.)

It's a pleasure...

New Windows wallet coming out on Tuesday, if all goes according to plan. Mac and Linux wallets a couple of days after.

The wallet you have is the latest. (The -b version is just a graphical update)

Hope this helps.

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easteagle13
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April 20, 2014, 02:53:23 PM
 #4750

To the person who sent 514,999 (515,000) coins. Please note that the minimum is 10,000,000 coins, so you have 9,485,000 coins more to exchange. Thanks!

kosmost how will you know from whom the coin came?

A person will own the LLC according to their wallet address. This is also how we will vote and verify any BTC payment address (via signed message).

As you can see on the latest transaction page (PDFs to come), we have the transaction's ID and the wallet address that it came from. We may make it in future so you can login to the Share Explorer and associate multiple wallet addresses with your profile so you don't have to enter or search for each one manually.

I hope this answers your question. Please let us know should you have any other questions or concerns.

Thanks for the reply and in fact there is another very important question How will the 200K reward from the new alliance forum come Smiley ?

TIP ME ₭ARMA:  KJeEKJv1LXHM8cYeRgQG3q87BFA4W3sTGg  FOR KARMA TRANSLATION BUDGET SEND TO: KHvkhA7RTFnG8N5RWPB48gs2y8K1od6xF4
OFF. ₭ARMA FB PAGE: https://www.facebook.com/karmacoin.me. http://lill.com
kosmost
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April 20, 2014, 02:54:03 PM
 #4751

Karmashare is nothing but removing all sell orders in order to cause a shortage of supply and to force up the price...

And cryptocurrencies are nothing but a conspiracy to move all your money to digital format so your taxes can be calculated by the government down to the satoshi!

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kosmost
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April 20, 2014, 02:58:35 PM
 #4752


kosmost   

i would like some tutorial with steps for how to get karma shares with your karma coins ... alot of people asking me on twitter

Step 1: Send 5 million or more Karma to the address posted here: http://www.reddit.com/r/Karmashares/comments/23gl6g/karmashares_llc_ready_to_roll_heres_how_to_buy/

Step 2: Check the Shares and Points list page to see a confirmation: http://karmashares.com/explorer-v01

You can sign a message with your BTC payment address from our contact form on our website or wait for the Share Explorer where you'll be able to login and verify your BTC address so we have it on file when it's time to send out profit distributions

Let us know if you have any other questions or concerns. thanks!

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kosmost
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April 20, 2014, 03:05:13 PM
 #4753


It´s hard for me to understand.
But in conclusion, you double the amount of shares. So for each coin there will be an additionally karmashare. So wheather you receive coins for share, or you keep the share, you will have half of all shares/coins. Isn´t it?
So thats´s just an additionally IPO?

1,000 coins are worth 1 point. Points become shares.

During the special period (now through May 10) you will get bonus points of between 250-1,000%. This week it is 1,000% (or 10x)

So if you put in 50,000,000 coins today you would get 500,000 points. The number of points you get do not change. You can see an example from this page: http://karmashares.com/explorer-v01

The number of shares is not doubled. Actually, we will only know the total number of shares at the end of the special period.

I hope this answers your questions some. Please let me know if I didn't understand. Thanks

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kosmost
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April 20, 2014, 03:06:10 PM
 #4754

Shares
Distribution according to the proportion of investment?

Example
I give 100000000KAMR
I MAY HAVE 92/1 The total of Shares?
OR when the end
The total investment statistics
If have 1 Billion
I may have 10/1 The total of Shares?

you can see the bottom of this page for an explanation of how it's calculated: http://karmashares.com/explorer-v01

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kosmost
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April 20, 2014, 03:07:22 PM
 #4755

Let's say I buy 100 Million Karma - What happens if after 6 months this company goes bust? I lose everything?

Good question. I've answered it here: New FAQ, "What happens if Karmashares goes bust?" http://www.reddit.com/r/Karmashares/comments/23ifty/new_faq_what_happens_if_karmashares_goes_bust/

Please let us know if there are any other questions or concerns.

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kosmost
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April 20, 2014, 03:09:17 PM
 #4756

Komost you say you dont leave this coin till 500.

Is it 500 LATOSHIS or 500 btc SATOSHI ?


About the people who dump their coins.
If you dont trust a coin dont invest in, we dont need dumper.

If people keep more coin in their wallet the price will go up much faster than putting big sell order...

500 satoshi Smiley

When it hits 500 litoshi I'll take a bathroom break lol

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mashac
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April 20, 2014, 03:11:23 PM
 #4757



You can sign a message with your BTC payment address from our contact form on our website or wait for the Share Explorer where you'll be able to login and verify your BTC address so we have it on file when it's time to send out profit distributions

Let us know if you have any other questions or concerns. thanks!

Will you please break this part into different steps too....? it's kinda confusing.... Also what happens if somebody who know my karma adress use the contact form and sign it with their Btc adress....?

kosmost
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April 20, 2014, 03:12:25 PM
 #4758

Can I send straight to the KARMAshare wallet sddress from my mintpal account?

Yes, that is fine.

How would he be able to send you a btc address for payouts via signed message if he doesn't have access to the wallet that the sending address is from. I wouldn't recommend it.

You're totally right. Apologies for the lack of sleep Smiley I'll make this clear on the subreddit.

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sylph93
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April 20, 2014, 03:17:28 PM
 #4759

I have simple question.

How will be exchanged karma coin processed? It will be disappeared from market forever or will be at karma share.LLC's disposal.

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p4r4m0un7
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April 20, 2014, 03:18:56 PM
 #4760

Komost you say you dont leave this coin till 500.

Is it 500 LATOSHIS or 500 btc SATOSHI ?


About the people who dump their coins.
If you dont trust a coin dont invest in, we dont need dumper.

If people keep more coin in their wallet the price will go up much faster than putting big sell order...

500 satoshi Smiley

When it hits 500 litoshi I'll take a bathroom break lol

Aaaa, at 500 satoshi I`ve promised you vacation. But don`t you think I will participate in your bathing at 500 litoshi.  Grin Grin Grin
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