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Author Topic: [ANN][KARM] Karma / ₭ / X11  (Read 563111 times)
CatKiwi
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June 15, 2014, 12:16:53 AM
 #2401

Anyone able to make a permanent sports betting website where we can bet on the result of Rugby, Soccer, Cricket etc. Matches ONLY in Karmacoin?

I reckon we should do that and then have a 1% fee on every bet to the person who built the site - forever.

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AGcrypto
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June 15, 2014, 12:59:24 AM
 #2402

Anyone able to make a permanent sports betting website where we can bet on the result of Rugby, Soccer, Cricket etc. Matches ONLY in Karmacoin?

I reckon we should do that and then have a 1% fee on every bet to the person who built the site - forever.



The Karma LLC can't, our company is based in the states and what you are suggesting would be governed by the US online gambling laws.
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June 15, 2014, 01:02:26 AM
 #2403

Anyone able to make a permanent sports betting website where we can bet on the result of Rugby, Soccer, Cricket etc. Matches ONLY in Karmacoin?

I reckon we should do that and then have a 1% fee on every bet to the person who built the site - forever.



The Karma LLC can't, our company is based in the states and what you are suggesting would be governed by the US online gambling laws. The contest we did with the World  Cup was a fund raiser for a charity.
CatKiwi
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June 15, 2014, 01:25:49 AM
 #2404

Anyone able to make a permanent sports betting website where we can bet on the result of Rugby, Soccer, Cricket etc. Matches ONLY in Karmacoin?

I reckon we should do that and then have a 1% fee on every bet to the person who built the site - forever.



The Karma LLC can't, our company is based in the states and what you are suggesting would be governed by the US online gambling laws.

I know that - I'm thinking about anyone else - a private individual with the means and the know-how to build an online sports betting website. They would make an absolute fortune when KARM really takes off - if there is one thing people like doing as much as MAKING money its gambling it away ;-)
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June 15, 2014, 01:34:59 AM
 #2405

Anyone able to make a permanent sports betting website where we can bet on the result of Rugby, Soccer, Cricket etc. Matches ONLY in Karmacoin?

I reckon we should do that and then have a 1% fee on every bet to the person who built the site - forever.



The Karma LLC can't, our company is based in the states and what you are suggesting would be governed by the US online gambling laws.

I know that - I'm thinking about anyone else - a private individual with the means and the know-how to build an online sports betting website. They would make an absolute fortune when KARM really takes off - if there is one thing people like doing as much as MAKING money its gambling it away ;-)

Lol yep that sounds like a good t-shirt saying to sell in Vagas.
AGcrypto
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June 15, 2014, 01:39:14 AM
 #2406

Too bad I couldn't make it to Brazil to catch a few games I could have made a karma banner and got us some international tv time  Grin
CatKiwi
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June 15, 2014, 02:26:12 AM
 #2407

Any reason why the backside has fallen out of our coin on Mintpal? What's with all the dumping? Anything at all happened that we/I haven't heard about yet?
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June 15, 2014, 02:36:02 AM
 #2408

Any reason why the backside has fallen out of our coin on Mintpal? What's with all the dumping? Anything at all happened that we/I haven't heard about yet?

Nope a pull back is normal especially after a huge run up in a short time. Plus there were three cup games on today so a lot of people are watching the games and not the exchange. Just look at it as a discount sale on karma, stock up while you can.
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June 15, 2014, 02:38:21 AM
 #2409

Any reason why the backside has fallen out of our coin on Mintpal? What's with all the dumping? Anything at all happened that we/I haven't heard about yet?

Nope a pull back is normal especially after a huge run up in a short time. Plus there were three cup games on today so a lot of people are watching the games and not the exchange. Just look at it as a discount sale on karma, stock up while you can.

You can tell by the daily trade volume it's only about 35-45% of what it has been.
mouseman
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June 15, 2014, 02:42:37 AM
 #2410

Man, I like this A-L-O-T. Another great idea I havent really seen on some of the other forums I lurk on. Yeah, this doesn't have to have anything to do with having a domain hosted in the USA or anything else for that matter in terms of a "business entity" in the USA and deal with their arcane laws. Maybe their are other countries that this can jive and flourish without government legislation/restriction. I also agree that the individual/S putting something like this together could really make a fortune off even just the tiniest of % on each bet. Isn't their a few high profile BTC betting sites like this....well ok...a bit different...but sealswithclubs or others for example?

Anyone able to make a permanent sports betting website where we can bet on the result of Rugby, Soccer, Cricket etc. Matches ONLY in Karmacoin?

I reckon we should do that and then have a 1% fee on every bet to the person who built the site - forever.



The Karma LLC can't, our company is based in the states and what you are suggesting would be governed by the US online gambling laws.

I know that - I'm thinking about anyone else - a private individual with the means and the know-how to build an online sports betting website. They would make an absolute fortune when KARM really takes off - if there is one thing people like doing as much as MAKING money its gambling it away ;-)
AGcrypto
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June 15, 2014, 02:51:20 AM
 #2411

Man, I like this A-L-O-T. Another great idea I havent really seen on some of the other forums I lurk on. Yeah, this doesn't have to have anything to do with having a domain hosted in the USA or anything else for that matter in terms of a "business entity" in the USA and deal with their arcane laws. Maybe their are other countries that this can jive and flourish without government legislation/restriction. I also agree that the individual/S putting something like this together could really make a fortune off even just the tiniest of % on each bet. Isn't their a few high profile BTC betting sites like this....well ok...a bit different...but sealswithclubs or others for example?

Anyone able to make a permanent sports betting website where we can bet on the result of Rugby, Soccer, Cricket etc. Matches ONLY in Karmacoin?

I reckon we should do that and then have a 1% fee on every bet to the person who built the site - forever.



The Karma LLC can't, our company is based in the states and what you are suggesting would be governed by the US online gambling laws.

I know that - I'm thinking about anyone else - a private individual with the means and the know-how to build an online sports betting website. They would make an absolute fortune when KARM really takes off - if there is one thing people like doing as much as MAKING money its gambling it away ;-)

Yep, gambling is a billion dollar industry and I am sure a well designed website could very easily make a very nice profit. I haven't really looked for that type of site before so I am not sure if any are already running you should lill it and see.
altcoingood
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June 15, 2014, 03:37:09 AM
 #2412

Any reason why the backside has fallen out of our coin on Mintpal? What's with all the dumping? Anything at all happened that we/I haven't heard about yet?
it's sunday...
bitwho
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June 15, 2014, 04:17:27 AM
 #2413

after the storm comes the calm.

I know we would like to see the coin at 1000 Satoshi but at least now people who feared that they missed on great opportunities, they have the chance to catch up

The good thing is we got a nice low bar now in 150s. But how much longer will this last




Don't forget. this could be the additional 1.3 gh that jumped on us as we spiked. we are at 3 gh/s as we speak!

Very soon , the block reward will cut in half. this will prevent from a lot of selling happening at once.
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June 15, 2014, 04:47:00 AM
 #2414

Any reason why the backside has fallen out of our coin on Mintpal? What's with all the dumping? Anything at all happened that we/I haven't heard about yet?

This happens every weekend.

But, yeah, I suppose lots of people are thinking about football right now.

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huige007
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June 15, 2014, 11:21:35 AM
 #2415

World Cup starts. Funds are flowing into gambling go. . I am also a football fan. . .

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pugwilfy
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June 15, 2014, 02:04:51 PM
 #2416

This difficulty is awe full, at this difficulty the price of coin should be about 7 or 8 sat just to be profitable
CatKiwi
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June 15, 2014, 02:08:16 PM
 #2417

This difficulty is awe full, at this difficulty the price of coin should be about 7 or 8 sat just to be profitable

I know right! Biggest sign of huge market manipulation by certain people who probably bought a billion when it was between 14 litoshi and 33 litoshi. Cant do much about it, when they are ready for it to go up it will - unless we buy them out all we can do is hold. Because I sure as hell aren't going to sell these babies when its this hard to mine, especially with the impending block thirding coming up.
karmala
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June 15, 2014, 02:11:43 PM
 #2418

This difficulty is awe full, at this difficulty the price of coin should be about 7 or 8 sat just to be profitable

I know right! Biggest sign of huge market manipulation by certain people who probably bought a billion when it was between 14 litoshi and 33 litoshi. Cant do much about it, when they are ready for it to go up it will - unless we buy them out all we can do is hold. Because I sure as hell aren't going to sell these babies when its this hard to mine, especially with the impending block thirding coming up.

It was a fast rise in prices guys. It just needs a day of rest or two. Also btc panic settles and then we can go on...

Telgram messenger with attention economy http://r.getgems.org/m/TuJXXBal9o
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June 15, 2014, 02:40:28 PM
 #2419

thing is, i can go mine another coin for more btc per day, convert it to ltc and then buy loads of cheap karma's, but i wanna keep mining karma to support the coin.. what to do?
karmala
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June 15, 2014, 03:05:10 PM
 #2420

thing is, i can go mine another coin for more btc per day, convert it to ltc and then buy loads of cheap karma's, but i wanna keep mining karma to support the coin.. what to do?

keep mining. Your mined coins will be worth more in the future. iPocos will bring new buyers. Everybody is happy. We need you miners to believe in the future price of karma.

Telgram messenger with attention economy http://r.getgems.org/m/TuJXXBal9o
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