Shivalein
Member
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Activity: 117
Merit: 10
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April 21, 2014, 09:50:54 PM |
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Hopefully the devs won´t dump them soon....  |
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ptman
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April 21, 2014, 10:00:16 PM |
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I have one question:
What does it mean "total percentage of the company" value ? Right now is at 9.41%. What happens if before the Quantum period 1 its at 100% ?
Cheers
That means that 9.41% of the total number of coins are currently invested as karmashares. |
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kosmost
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April 21, 2014, 10:00:20 PM
Last edit: April 21, 2014, 10:15:03 PM by kosmost |
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I have one question:
What does it mean "total percentage of the company" value ? Right now is at 9.41%. What happens if before the Quantum period 1 its at 100% ?
Cheers
It would be impossible, because we have about 50% of coins mined now. We are still reserving ownership for the undiscovered coins. But you will still get the profit share of those undiscovered coins (and those coins that have not claimed shares) That's part of the magic of PoC. You show proof, you get the booty. No proof? No booty! Hope this explains it |
Workchain – Powering the Decentralized Economy
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kosmost
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April 21, 2014, 10:08:09 PM |
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Hopefully the devs won´t dump them soon.... Soon? How about never. That would be extremely stupid and unthinkable. Put it this way.. we have a press release going out tomorrow. That release will cost money (as will the lawyer fees for this week). I am still reaching into my own pocket to pay for them both, We want to grow Karmashares and Karmacoin, not harm them by doing what is economically unfeasible. The "Transactions out: 0" value will be that way for a while. I like it like that. I'll explain it to the accountant later. When we spend anything that will be transparent. You'll also be able to vote on that stuff. I don't mind paying for anything that potentially increases the value of my own coins enough to cover the costs (that's how I see it, anyway) |
Workchain – Powering the Decentralized Economy
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kosmost
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April 21, 2014, 10:11:48 PM |
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I have one question:
What does it mean "total percentage of the company" value ? Right now is at 9.41%. What happens if before the Quantum period 1 its at 100% ?
Cheers
That means that 9.41% of the total number of coins are currently invested as karmashares. That is the percentage of Karmashares that has already been claimed. 9.41% of 92 billion would be 8,657,200,000. We're nowhere near that now  |
Workchain – Powering the Decentralized Economy
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ShawnLeary
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April 21, 2014, 10:22:25 PM |
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Some massive Buy walls on Mintpal right now. Kicking myself for not buying more at 12-14 Litoshis! Guess its not too late now |
"We have the power to begin the world over again" - Thomas Paine
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ptman
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April 21, 2014, 10:22:51 PM |
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I have one question:
What does it mean "total percentage of the company" value ? Right now is at 9.41%. What happens if before the Quantum period 1 its at 100% ?
Cheers
That means that 9.41% of the total number of coins are currently invested as karmashares. That is the percentage of Karmashares that has already been claimed. 9.41% of 92 billion would be 8,657,200,000. We're nowhere near that now You are right. 9.41% claimed is because of the 10x bonus factor :-) |
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ShawnLeary
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April 21, 2014, 10:24:07 PM |
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As ShawnLeary said : We won't go to the moon, we will be so big that we may bring the moon to us !
Oh so this isn't about being helpful this is just another get rich quick scheme with the guise of being altruistic. I've committed to giving 30% of my profits to PatronsoftheHearts.org, since you brought it up.  |
"We have the power to begin the world over again" - Thomas Paine
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kahir
Legendary
Offline
Activity: 1050
Merit: 1000
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April 21, 2014, 10:27:44 PM |
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Some massive Buy walls on Mintpal right now. Kicking myself for not buying more at 12-14 Litoshis! Guess its not too late now its just some shakedown or old bag holder |
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july77
Newbie
Offline
Activity: 26
Merit: 0
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April 21, 2014, 10:38:12 PM |
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I have one question:
What does it mean "total percentage of the company" value ? Right now is at 9.41%. What happens if before the Quantum period 1 its at 100% ?
Cheers
It would be impossible, because we have about 50% of coins mined now. We are still reserving ownership for the undiscovered coins. But you will still get the profit share of those undiscovered coins (and those coins that have not claimed shares) That's part of the magic of PoC. You show proof, you get the booty. No proof? No booty! Hope this explains it Cheers Kosmot, now i fully understood the PoC concept... thankfully, i never sold the coins i buyed even at 6sat... just gave some. I am a developer where do i contact the dev team, for some help as Cryptowho was asking ? |
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cryptowho
Full Member
Offline
Activity: 182
Merit: 100
Ask me about Karmacoin
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April 21, 2014, 11:21:24 PM |
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As ShawnLeary said : We won't go to the moon, we will be so big that we may bring the moon to us !
Oh so this isn't about being helpful this is just another get rich quick scheme with the guise of being altruistic. I've committed to giving 30% of my profits to PatronsoftheHearts.org, since you brought it up. shawn you have a good hart man. i am glad you are a dedicated karmacoin member. But you know my views. i think for now we should all invest back into growing our karmashare. picture this way. at this moment we have about 200-300 loyal fans. this number is small. if we start the donation now, our help will only be a small dent. If we how ever come together and invest thousands of dollars to our company now. We will grow much bigger. Once our numbers grown into the tens of thousand users. it will be much easier to start donation. One of our goals is to reach high user numbers and then come together a co-found new companies/organization/services (that are doing good for the people) and ask them to donate back to us a small percentage. if 100 000 people donate $1 worth a week , that would crowd-fund one business a week. Eventually all this investments will come back to us 10x more and at the same time we are growing a positive network. Karmacoin has given us . not only the tool to invest money within a second. but also has brought people together. How many times have you had a great idea but lacked the people to invest in it? Well hopefully, if we push hard enough. This will come true. of course , this is one of our few goals. and i am sure as the community grow so will the ideas and they will definitely shape our karmashare. this was not a hype post , only a call to invest back into the company for now. Help us grow so that we can grow into a the network this coin deserves to grow. of course this goal is not close so invest safely |
looking for C++ coders , web-dev and coin-devs to join karmacoin team. We are trying to expand. we have so many goals. Challenge accepted? PM me.
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ShawnLeary
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April 21, 2014, 11:24:55 PM |
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As ShawnLeary said : We won't go to the moon, we will be so big that we may bring the moon to us !
Oh so this isn't about being helpful this is just another get rich quick scheme with the guise of being altruistic. I've committed to giving 30% of my profits to PatronsoftheHearts.org, since you brought it up. shawn you have a good hart man. i am glad you are a dedicated karmacoin member. But you know my views. i think for now we should all invest back into growing our karmashare. I have no plans to sell any just yet, patronsofthehearts.org can wait a little while |
"We have the power to begin the world over again" - Thomas Paine
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learminer
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April 21, 2014, 11:29:37 PM |
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Well I am now the proud owner of almost 50million freshly dumped coins. Wouldn't have put up those walls if I didn't like it that way. They've got a better home now. ;-)
Also just sent my first batch of coins to get some Karmashares. Having fun!
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spitfire1337
Member
Offline
Activity: 168
Merit: 10
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April 22, 2014, 12:08:22 AM |
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Seeing if someone can help me out here, anybody know what the font is that's being used in the karmashares.com /karmashare.me logos? Working on a side project that I'll announce in a few weeks.....
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Maurizio
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April 22, 2014, 12:10:42 AM |
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+1 sat/day. hold my 25mio from mining plus the 20 I bought.
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deamon
Full Member
Offline
Activity: 168
Merit: 100
yes!?
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April 22, 2014, 01:23:56 AM |
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+1 sat/day. hold my 25mio from mining plus the 20 I bought.
+1 PS: 45mio  ( you have really a big, big karma ) |
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ezvm
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April 22, 2014, 01:24:03 AM |
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Well this is getting exciting! I just bought me some more karma this morning and trying to buy every chance I get. Karma is holding very strong, even after some big dumps, it manages to stay in the 50-60s latoshi range. This is always a good sign for a coin. It is gaining strength and the only way from here is up UP. We still have nice volume on mintpal last time I checked Go karma!  |
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cryptowho
Full Member
Offline
Activity: 182
Merit: 100
Ask me about Karmacoin
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April 22, 2014, 01:32:09 AM |
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Almost two billion coins are out of the circulation already
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looking for C++ coders , web-dev and coin-devs to join karmacoin team. We are trying to expand. we have so many goals. Challenge accepted? PM me.
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CatKiwi
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April 22, 2014, 01:34:01 AM |
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 THIS is what happens when you try and manipulate the price down like an asshole hehhe |
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Abel7730
Newbie
Offline
Activity: 55
Merit: 0
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April 22, 2014, 01:35:17 AM |
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The nethash just keeps climbing and climbing！！! This coin is going to be the next big thing! Loving this. |
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