[ANN][KARM] Karma / ₭ / X11

[ShawnLeary]

Hello,
Everyone , greeting from China !
I really want to do something for karma , as I seen , it's has some beautiful plans and a bright future .
The facts karma coin in China , It is not popular in China
Fact 1:
Only a very very few people know this coin , almost every crypto currencies has it's own QQ group(s) , I joined the biggest karma coin QQ group , there is about 100 people .
you know ? what the other crypto currencies QQ group ? I also joined another crypto currencies QQ group. the coin is not popular at all ( it's rank about 60,70 at http://coinmarketcap.com/ ) . You might even not heard its name . but , there is nearly 2000 people in that group , and It has several groups , most of them have about 200 people .
Fact 2:
If you search "karma coin" in baidu.com , you even got nothing related results .
If you search : "doge coin" or " lite coin " you got many many pages related results .
Fact 3 :
Even there are some people in China , they buy or mine karma coin , but , they consider karmar coin is another pump and dump coin .most of them don't understand English at all , they can't understand the contents in http://www.karmashares.com/ .
Fact 4 :
Karma coin has not launched at any Chinese exchange , btc38 , bter or any other tiny exchanges .

From other side , we can say , there's HUGE potential in China market !Even only a fraction of people join the karma coin family , It will make a big change .

I want to do something for karma coin .
1. I will translate the website http://www.karmashares.com/ into Chinese
2. I will create my personal karma coin websites ( also in Chinese) , It will include anything about karma coin.
3. All others promotions if needed .

Why I do that ?
The karma coin ( Karma) is not pump and dump coin , it's special ,it's has unique philosophy ("doing good" ). it's has something to be expected (The karmashare LLC products).It has a strong and respectable leader team !
I like its philosophy , everyone should do something to help others.
There are a lots of friendly people here ,they make the big family warm .


My biggest suggestion :
Make more and more people join the karma coin family ,More investors ( or users) joining will give a solid ground .That's the KEY for the survival of crypto currencies .
Do more things help others ! Make more and more news about karma coin (Thanks for the team ! karma world cup is a very nice idea ! 20% will go to the Street Child World Cup charity !) There are some nice internet projects like Lill ,Hireplex  ... that's really good and unique ! and they can backup Karma coin .However , The key is : Karma is crypto currency . How can define the success of a crypto currency ? it's must be accepted by the most normal people and merchants .
Get more attentions in the real world , More news in the real world just like doge coin do! have a look at one of Chinese doge coin website , http://www.dogecoin8.com/ , there are always news come out about doge coin , that makes investors believe , the doge coin is still growing and growing .The news make the coin become hot ! I want to make a personal web site like this to promote our karma coin .


Go Karma !

QQ群加入3个。但现在都没人关注KARM.另外自己建QQ群一直在更新Karma最新消息。剩下人数80多人。持有Karma极少数人。。有兴趣进群一起推广KARM。。

I'm getting excited here, not sure why, just sayin! 

[1714280372]

1714280372

[1714280372]

1714280372

[1714280372]

1714280372

[litemaster]

Karma has shown what can happen to a coin when a coin has a purpose.
From 10 Liteoshis to 3 satoshis in a couple of months. Nice work.

[Beachguy]

Typical
I'm a member of a forum that because of its activities is finding it harder and harder to process donations through the usual payment processors. PayPal has gone out the window.....its international so Visa/MasterCard works kind of spotty.

I suggested in a post the following...

Why not accept donations in crypto currencies?
Bitcoin, litecoin , doge, worldcoin or karma?
No fees and no transfer headaches.
Screw the credit card and pay transfer companies.
Everyone here is pretty computer savvy and I bet many already are
active in crypto markets.
Just setup a wallet address for each coin the site wants to accept.
easy peasy

And got this response....
"Cryptocurrency is not a valid currency.
There is absolutely no protection if you loose your cryptocurrency. No bank will assist you in retrieving your cryptocurrency if lost.
There is also no help for those who have to recieve the cryptocurrency if something goes wrong at their end.

So pretty much an entirely unsafe way to transfer money to some one."

Bear in mind this is a group of several hundred (if not thousands) of users.
This is the attitude that all crypto has to change.

[ShawnLeary]

Typical
I'm a member of a forum that because of its activities is finding it harder and harder to process donations through the usual payment processors. PayPal has gone out the window.....its international so Visa/MasterCard works kind of spotty.

I suggested in a post the following...

Why not accept donations in crypto currencies?
Bitcoin, litecoin , doge, worldcoin or karma?
No fees and no transfer headaches.
Screw the credit card and pay transfer companies.
Everyone here is pretty computer savvy and I bet many already are
active in crypto markets.
Just setup a wallet address for each coin the site wants to accept.
easy peasy

And got this response....
"Cryptocurrency is not a valid currency.
There is absolutely no protection if you loose your cryptocurrency. No bank will assist you in retrieving your cryptocurrency if lost.
There is also no help for those who have to recieve the cryptocurrency if something goes wrong at their end.

So pretty much an entirely unsafe way to transfer money to some one."

Bear in mind this is a group of several hundred (if not thousands) of users.
This is the attitude that all crypto has to change.

We are dealing with people who have no idea how useful email is back 20 years ago.  We have to ignore this and drive on! 

[altcoingood]

Please don't spam the thread with your pool unless you have some news about it like adding services or changing fee.

Also your claim in this post is ridicilous:

Why we don't help karma?

We are not a pool, unlike many others (ex. pools on your signature), who came on karma only now, when it is convenient.
We are on karma from the beginning and we have always supported and helped.
We were asked to close the ringup and we said no to help users.

Read this: https://bitcointalk.org/index.php?topic=447657.msg4930699#msg4930699
We help, support and mining  karma from February, but despite that some people think that we are untrusted and the devs don't want add us the pool list.

This is for help  karma?

I run the blockexplorer and a couple of seed nodes now because the old devs took down their servers. I only created pools because you were hurting the network by insisting on just adding more users even if you were at 92% !!!!!!!! of the global hash rate. that was back in late april that i launched a p2pool... now that asic are lose you are no longer a thread to the network but your previous actions still make me distrust you.

Also could you please answer my questions from before...

Why you are not helping karma? It's just the simple facts. Your pool was >51% consistently for months and when it grew to 92% you still did not want to help spread the hash out. Just facts.

edit: personally i think your pool should be left on the list and the list should be updated with hashrates and i have voiced that opinion (just so you know i am for full disclosure).

i think the pool is off the list because you did not try to help out the community (that is we really needed you to announce that miners should mine somewhere else because of 51% and the fact that no investor will invest in a coin where 92% of the transactions are validated by the same entity.. which you were unwilling to do...your solution was to add another stratum to your pool (makes no sense, does not help validate transactions by multiple entities, does not mitigate 51%))...

Does this really help karma?

You were actively and willingly destroying the stability of the infrastructure and integrity of the transactions because of some "i came here first"-claim. Childish behaviour and now you spam this thread without even trying to answer any questions or debate the merits of your pool. *sigh*

here are some articles that highlight why >51% pools are a big problem:

http://arstechnica.com/security/2014/06/bitcoin-security-guarantee-shattered-by-anonymous-miner-with-51-network-power/

http://hackingdistributed.com/2014/06/13/time-for-a-hard-bitcoin-fork/

[mouseman]

This would be unequivocally a huge help to the Karma community and its further adoption.
I am quite confident once you get things going that you will receive a very healthy reward / donations in Karma Coins and good Karma for all your hard work we would all enjoy seeing!!

Hello,
Everyone , greeting from China !
I really want to do something for karma , as I seen , it's has some beautiful plans and a bright future .
The facts karma coin in China , It is not popular in China
Fact 1:
Only a very very few people know this coin , almost every crypto currencies has it's own QQ group(s) , I joined the biggest karma coin QQ group , there is about 100 people .
you know ? what the other crypto currencies QQ group ? I also joined another crypto currencies QQ group. the coin is not popular at all ( it's rank about 60,70 at http://coinmarketcap.com/ ) . You might even not heard its name . but , there is nearly 2000 people in that group , and It has several groups , most of them have about 200 people .
Fact 2:
If you search "karma coin" in baidu.com , you even got nothing related results .
If you search : "doge coin" or " lite coin " you got many many pages related results .
Fact 3 :
Even there are some people in China , they buy or mine karma coin , but , they consider karmar coin is another pump and dump coin .most of them don't understand English at all , they can't understand the contents in http://www.karmashares.com/ .
Fact 4 :
Karma coin has not launched at any Chinese exchange , btc38 , bter or any other tiny exchanges .

From other side , we can say , there's HUGE potential in China market !Even only a fraction of people join the karma coin family , It will make a big change .

I want to do something for karma coin .
1. I will translate the website http://www.karmashares.com/ into Chinese
2. I will create my personal karma coin websites ( also in Chinese) , It will include anything about karma coin.
3. All others promotions if needed .

Why I do that ?
The karma coin ( Karma) is not pump and dump coin , it's special ,it's has unique philosophy ("doing good" ). it's has something to be expected (The karmashare LLC products).It has a strong and respectable leader team !
I like its philosophy , everyone should do something to help others.
There are a lots of friendly people here ,they make the big family warm .


My biggest suggestion :
Make more and more people join the karma coin family ,More investors ( or users) joining will give a solid ground .That's the KEY for the survival of crypto currencies .
Do more things help others ! Make more and more news about karma coin (Thanks for the team ! karma world cup is a very nice idea ! 20% will go to the Street Child World Cup charity !) There are some nice internet projects like Lill ,Hireplex  ... that's really good and unique ! and they can backup Karma coin .However , The key is : Karma is crypto currency . How can define the success of a crypto currency ? it's must be accepted by the most normal people and merchants .
Get more attentions in the real world , More news in the real world just like doge coin do! have a look at one of Chinese doge coin website , http://www.dogecoin8.com/ , there are always news come out about doge coin , that makes investors believe , the doge coin is still growing and growing .The news make the coin become hot ! I want to make a personal web site like this to promote our karma coin .


Go Karma !

QQ群加入3个。但现在都没人关注KARM.另外自己建QQ群一直在更新Karma最新消息。剩下人数80多人。持有Karma极少数人。。有兴趣进群一起推广KARM。。

I'm getting excited here, not sure why, just sayin! 

[bitwho]

to everyone that bought high. hold on to them. we're not going to stop anytime soon.

We blew up too much and we got 1.7 gh/s on our network that it was un accounted for. seems like it was mostly miners that sold for profit. i think the ugly storm has gone and we should stable again soon

Also this bitcoin/litecoin dipping ratio is not helping either.

[joymagic]

Hello,
Everyone , greeting from China !
I really want to do something for karma , as I seen , it's has some beautiful plans and a bright future .
The facts karma coin in China , It is not popular in China
Fact 1:
Only a very very few people know this coin , almost every crypto currencies has it's own QQ group(s) , I joined the biggest karma coin QQ group , there is about 100 people .
you know ? what the other crypto currencies QQ group ? I also joined another crypto currencies QQ group. the coin is not popular at all ( it's rank about 60,70 at http://coinmarketcap.com/ ) . You might even not heard its name . but , there is nearly 2000 people in that group , and It has several groups , most of them have about 200 people .
Fact 2:
If you search "karma coin" in baidu.com , you even got nothing related results .
If you search : "doge coin" or " lite coin " you got many many pages related results .
Fact 3 :
Even there are some people in China , they buy or mine karma coin , but , they consider karmar coin is another pump and dump coin .most of them don't understand English at all , they can't understand the contents in http://www.karmashares.com/ .
Fact 4 :
Karma coin has not launched at any Chinese exchange , btc38 , bter or any other tiny exchanges .

From other side , we can say , there's HUGE potential in China market !Even only a fraction of people join the karma coin family , It will make a big change .

I want to do something for karma coin .
1. I will translate the website http://www.karmashares.com/ into Chinese
2. I will create my personal karma coin websites ( also in Chinese) , It will include anything about karma coin.
3. All others promotions if needed .

Why I do that ?
The karma coin ( Karma) is not pump and dump coin , it's special ,it's has unique philosophy ("doing good" ). it's has something to be expected (The karmashare LLC products).It has a strong and respectable leader team !
I like its philosophy , everyone should do something to help others.
There are a lots of friendly people here ,they make the big family warm .


My biggest suggestion :
Make more and more people join the karma coin family ,More investors ( or users) joining will give a solid ground .That's the KEY for the survival of crypto currencies .
Do more things help others ! Make more and more news about karma coin (Thanks for the team ! karma world cup is a very nice idea ! 20% will go to the Street Child World Cup charity !) There are some nice internet projects like Lill ,Hireplex  ... that's really good and unique ! and they can backup Karma coin .However , The key is : Karma is crypto currency . How can define the success of a crypto currency ? it's must be accepted by the most normal people and merchants .
Get more attentions in the real world , More news in the real world just like doge coin do! have a look at one of Chinese doge coin website , http://www.dogecoin8.com/ , there are always news come out about doge coin , that makes investors believe , the doge coin is still growing and growing .The news make the coin become hot ! I want to make a personal web site like this to promote our karma coin .


Go Karma !

Welcome aboard joymagic.  We are excited to have you here to help.  Please also check out our forum http://karmashares.com/forums/index.php as it is our main portal for work on KarmaShares. 

We absolutely need help with the Chinese markets.  If you know anything about Baidu and Weibo we could use the help maximizing our exposure to these two avenues. 

Thanks for the post and look forward to seeing more of you here and in the KarmaShares forums. 

Much thanks , I will start to translate the http://www.karmacoin.me/ and http://www.karmashares.com site with my spare time .
weibo in China just like the twitter ,It has a very large user group , I think it's one of the best way to promote karma coin , and there are some other social websites , crypto currencies forums in China , I do have plans and want to discuss with you and other karma investors.

http://karmashares.com/forums/index.php This forum , I can't enter . It says :
An Error Has Occurred!
Sorry Guest, you are banned from using this forum!
This ban is not set to expire.

Please resolve this problem .

[joymagic]

Thanks for your kind words

This would be unequivocally a huge help to the Karma community and its further adoption.
I am quite confident once you get things going that you will receive a very healthy reward / donations in Karma Coins and good Karma for all your hard work we would all enjoy seeing!!

Hello,
Everyone , greeting from China !
I really want to do something for karma , as I seen , it's has some beautiful plans and a bright future .
The facts karma coin in China , It is not popular in China
Fact 1:
Only a very very few people know this coin , almost every crypto currencies has it's own QQ group(s) , I joined the biggest karma coin QQ group , there is about 100 people .
you know ? what the other crypto currencies QQ group ? I also joined another crypto currencies QQ group. the coin is not popular at all ( it's rank about 60,70 at http://coinmarketcap.com/ ) . You might even not heard its name . but , there is nearly 2000 people in that group , and It has several groups , most of them have about 200 people .
Fact 2:
If you search "karma coin" in baidu.com , you even got nothing related results .
If you search : "doge coin" or " lite coin " you got many many pages related results .
Fact 3 :
Even there are some people in China , they buy or mine karma coin , but , they consider karmar coin is another pump and dump coin .most of them don't understand English at all , they can't understand the contents in http://www.karmashares.com/ .
Fact 4 :
Karma coin has not launched at any Chinese exchange , btc38 , bter or any other tiny exchanges .

From other side , we can say , there's HUGE potential in China market !Even only a fraction of people join the karma coin family , It will make a big change .

I want to do something for karma coin .
1. I will translate the website http://www.karmashares.com/ into Chinese
2. I will create my personal karma coin websites ( also in Chinese) , It will include anything about karma coin.
3. All others promotions if needed .

Why I do that ?
The karma coin ( Karma) is not pump and dump coin , it's special ,it's has unique philosophy ("doing good" ). it's has something to be expected (The karmashare LLC products).It has a strong and respectable leader team !
I like its philosophy , everyone should do something to help others.
There are a lots of friendly people here ,they make the big family warm .


My biggest suggestion :
Make more and more people join the karma coin family ,More investors ( or users) joining will give a solid ground .That's the KEY for the survival of crypto currencies .
Do more things help others ! Make more and more news about karma coin (Thanks for the team ! karma world cup is a very nice idea ! 20% will go to the Street Child World Cup charity !) There are some nice internet projects like Lill ,Hireplex  ... that's really good and unique ! and they can backup Karma coin .However , The key is : Karma is crypto currency . How can define the success of a crypto currency ? it's must be accepted by the most normal people and merchants .
Get more attentions in the real world , More news in the real world just like doge coin do! have a look at one of Chinese doge coin website , http://www.dogecoin8.com/ , there are always news come out about doge coin , that makes investors believe , the doge coin is still growing and growing .The news make the coin become hot ! I want to make a personal web site like this to promote our karma coin .


Go Karma !

QQ群加入3个。但现在都没人关注KARM.另外自己建QQ群一直在更新Karma最新消息。剩下人数80多人。持有Karma极少数人。。有兴趣进群一起推广KARM。。

I'm getting excited here, not sure why, just sayin! 

[easteagle13]

Hi joymagic,
Welcome to Karma, your initiative to translate the Karma sites to chinese is a very laudable move and it is indeed welcome.

For wider adoption, people should have access to the information about karma in their native language. Chinese population is so large that we definitely have to have a translation for them/you.

So we hope you find our community worthy of your stay.

[karmala]

Hi joymagic,
Welcome to Karma, your initiative to translate the Karma sites to chinese is a very laudable move and it is indeed welcome.

For wider adoption, people should have access to the information about karma in their native language. Chinese population is so large that we definitely have to have a translation for them/you.

So we hope you find our community worthy of your stay.

I fully aggree with east. Please join us and pm any of us if you need any information!

[karmala]

100 ltc buy on mint. A pump attempt?

[pac]

I'm guessing someone made a typo. It doesn’t make sense to buy so much on mintpal while leaving cryptsy untouched.

[learminer]

More likely someone who wants to invest his LTC somewhere it doesn't keep loosing value.

[bitwho]

meh. pools stopped selling their coins. 1.5 gh/s is off the network. No more sellers lowering the bar. its was mater of hrs before it went back up to 150s

[karmala]

meh. pools stopped selling their coins. 1.5 gh/s is off the network. No more sellers lowering the bar. its was mater of hrs before it went back up to 150s

is this good? hashrate enough?

[pac]

More likely someone who wants to invest his LTC somewhere it doesn't keep loosing value.

Surely someone as sensible as that would realise that buying up to 200 on mintpal while cryptsy was still selling in the 140’s isn’t the best decision possible 

[luqas0891]

this week will probably be 300 litoshi someone buys in price to 200 a few days, probably again be window prices up:)

[Beachguy]

I'm trying hard to understand something.
All that I search up doesn't really explain it in terms I can understand.

I see other coins with higher network hash rates and lower difficulty than Karma.

Karma's hash and difficulty has lowered its true, but blocks are still very scarce to come by.
I found more blocks solo mining with diff in the 30's.
Is this just the "luck of the draw" as far as blocks go or can a big pool or miner somehow "hog " the blocks out there?

Guess what I'm asking ....What really determines difficulty? How do other coins have higher network hash but lower difficulty?
Is it the actual number of miners?

Thanks for anyone with some insight into this.

[bitwho]

I'm trying hard to understand something.
All that I search up doesn't really explain it in terms I can understand.

I see other coins with higher network hash rates and lower difficulty than Karma.

Karma's hash and difficulty has lowered its true, but blocks are still very scarce to come by.
I found more blocks solo mining with diff in the 30's.
Is this just the "luck of the draw" as far as blocks go or can a big pool or miner somehow "hog " the blocks out there?

Guess what I'm asking ....What really determines difficulty? How do other coins have higher network hash but lower difficulty?
Is it the actual number of miners?

Thanks for anyone with some insight into this.

its all about how many blocks per day the network releases. We are 1 min/hr x 60 min/hr x 24 hr/day = 1440 block/day. So they difficulty re-adjusted to make sure that 1440 blocks will be found on average per day. there is all kind of difficulty re adjustment to make the time interval to calculate smaller or larger.

Other coin your comparing us probably have 30s second block findings therefore the difficulty is low because it will need to release twice as many coins per day.

We could look into implementing a better difficulty recalculation/re-target. But this will only help us get faster difficult re target after a huge hash rate leaves. Such thing can not prevent big hash rate from jumping in and mining us away. Only block rewards help us with this and lucky for us we're roughly a week away from a tremendous 1/3 block reward cut! that will minimal new coins being sold to us cheap!