[ANN][KARM] Karma / ₭ / X11

[p4r4m0un7]

Chargin, I am also not a YES man and I am not a NO person. I like to play PITA. But I strongly disagree with you about the concept. My perception of the "concept" war is about if the crypto currencies are the proper tool to demolish the controlled by a few FIAT system. And I know now that the crypto currencies have won this war. More and more new people are coming to this thing of ours called crypto world. And they will help us grow. It doesn`t matter anymore on a concept level if it is PoS, PoW, X11, X13, Keccak, scrypt-N, SHA-3, SHA-256, etc, etc. This are just different ways of innovation with purpose of securing and growing communities. Tell me my friend, how many organisations outside of crypto world do you know, that are born and growing only based on trust to people that you even never met. Do you know how good does it sounds - Crypto = Mainstream. Everyone = Cryptoland. This is not our worst fear. This is our biggest dream. And KARMA will lead this. You know who is behind KARMA. This people have unique abilities. You are part of them. They will continue to rise KARMA. You are also.

[1714266254]

1714266254

[kosmost]

I now have 10m+ coins in wallet. I hold them min 30 days in wallet and I automatically become a shareholder?
Im new to Karma so sorry for asking noob questions  

You would become a temporary member (shareholder) in Karmashares. However, we're ravamping the system that shows you your holdings and profit sharing percentages (Share Explorer) because of the recent IRS guidance. (Basic CYA)

The new system will be a part of the Karmashares forum, so you'll only need to register once.

However, it's on the backburner for a short while while we address some code vulnerabilities and release the new wallets and perform the hard fork. Additionally, we must ensure that the new system addresses the need to members to manage the company (rather than managers).

[easteagle13]

I now have 10m+ coins in wallet. I hold them min 30 days in wallet and I automatically become a shareholder?
Im new to Karma so sorry for asking noob questions 

It's ok we all start somewhere.

With 10M karma and held for 30+days in your local wallet, you become eligible for profit share for that quarter. And as long as you have 10M+ You are a shareholder.

[easteagle13]

Chargin, I am also not a YES man and I am not a NO person. I like to play PITA. But I strongly disagree with you about the concept. My perception of the "concept" war is about if the crypto currencies are the proper tool to demolish the controlled by a few FIAT system. And I know now that the crypto currencies have won this war. More and more new people are coming to this thing of ours called crypto world. And they will help us grow. It doesn`t matter anymore on a concept level if it is PoS, PoW, X11, X13, Keccak, scrypt-N, SHA-3, SHA-256, etc, etc. This are just different ways of innovation with purpose of securing and growing communities. Tell me my friend, how many organisations outside of crypto world do you know, that are born and growing only based on trust to people that you even never met. Do you know how good does it sounds - Crypto = Mainstream. Everyone = Cryptoland. This is not our worst fear. This is our biggest dream. And KARMA will lead this. You know who is behind KARMA. This people have unique abilities. You are part of them. They will continue to rise KARMA. You are also.

What is PITA again?

[kosmost]

Now that some of you have had a chance to play around with Lill, our search engine, how do you feel about how Karma should be integrated into it?

As we approach our BTC market we'll have a budget for Lill and other projects.

Here's a refresher on how Lill will work: https://bitcointalk.org/index.php?topic=579973.msg6505551#msg6505551

At this point we can do any number of things.

What do you think?

[karmala]

Now that some of you have had a chance to play around with Lill, our search engine, how do you feel about how Karma should be integrated into it?

As we approach our BTC market we'll have a budget for Lill and other projects.

Here's a refresher on how Lill will work: https://bitcointalk.org/index.php?topic=579973.msg6505551#msg6505551

At this point we can do any number of things.

What do you think?

This is a very important post my friends

[easteagle13]

Rough calculations of prices at MP.

Let's say you have 100 000 000 Karma and you sell them at 204 litoshis=You will now have 204 LTC's, supposed you bought at 7 litoshis before, this would mean you spent 7LTC's to buy them, well it's not bad.

204LTCs=3.2BTC (when LTC=0.01569 BTC)
7LTCs=0.189BTC (when LTC=0.023 BTC)

So if anyone is getting cold feet at this point in time. It's a very good exit point.

But if you see that you can recoup your original investment and still share in the future of Karma community, you can also opt to do that.

Finally, if you also see the potential of a serious(+fun), active, security concious KarmaTeam and you would like to take a ride with us along the bumps on the road ahead, you are welcome with wide open arms.

BUT as long as you are in the same boat, poking holes in it and trying to distract the attention of the team from the more important things that need to be done, it will mean nothing but a waste of all our energies.

PEACE.

[KarmaTeam]

KarmaTeam, I was observing all of the pools from the first page of this thread. What I have found is:

https://www.minep.it/pool/karm/ - wrong KARMA website. I`ve send them a support ticket to change it to http://www.karmacoin.me/. Also, their url was pointing to the old bitcointalk thread. You understand why this is not acceptable. I`ve send them a support ticket to change it. Their coins are in different sections based on the hashing algo. Remind them to move KARMA in X11 section when the time is right. I didn`t find block reward info, so no need to update info.

http://karma.poolsofhonor.com/ - please remove this pool from first page here and wiki, because it is shutting down.

https://chunkypools.com/ - On the left drop down menu there is no KARM! WTF chunky?!!? Is KARMA there or not? And one more thing. To download wallet, I have to go to the old bitcointalk thread.... It should be changed to our official site - http://www.karmacoin.me/. I didn`t send them support ticket, cause their support ticketing...doesn`t work. Please contact them if you know how to do it.

http://karma.miners-point.com/ - To download wallet, I have to go to the old bitcointalk thread.... It should be changed to our official site - http://www.karmacoin.me/. I didn`t send them support ticket, because when I tried to, an "Access Denied! Your address is blacklisted. More information about this error may be available in the server error log." pop up. If you can, contact them to update the info.

http://karm.multi-pool.eu/  - the old logo appears. I know this is tricky, but if you can, contact them to change it.

http://xhash.net/ - KarmaCoin Information - BitcoinTalk url is pointed to the old thread. Imagine what people will find there...Block Explorer - pointed to http://explorer.karmacoin.info/ - guess what is there...  Reddit - going to the old thread, where new miners will find one insane man. Twitter - just the same. Facebook - old thread. For exchanges only Mintpal is given. I`ve send them ticket to update all of this bul$h17.

Try to keep up with the mining polls, cause they are way more important then social medias. When you are updating info here, reddit, twitter, facebook and etc, please contact also all the mining pools with request to update their sites. Each crypto currency is an IT service in some way. You know that each IT service has 5 phases in its life cycle. For Strategy, Design, Transition and Continual Service Improvement you have control almost at 100%. But for Operations you can not control, you can influence a little bit. But as you know this phase is where the service (KARMA) is benefiting and almost 60% of the expenses (resources) are spent in this phase. And you probably remember what the Danish proverb says: "When you have a clock in your house, you know the time. Once you get two clocks you are no longer certain." So all of the info should be just the same and actual on all info resources. Especially mining pools. A big thing like algo switching is coming, but if I go to the mining pools and search for a new coin to mine, how can I be attracted to KARMA with the old info? What I am suggesting is, when you coordinate your efforts to update all media with the new info, don`t forget mining pools, because the users of KARMA (service) are operating and contributing and benefiting there.

Thanks!  Your efforts are pure good Karma and will come back to you 10x over. 

[Chargin]

If I didn't have positive sentiments overall about what is going on with Karma in the long term I would have doubled (or whatever) my money and left a month ago instead of spending time on it.

I think it is an unnecessary risk to create a new cryptocurrency to provide PoS protection for another currency instead of enabling the holders of the currency to protect it with PoS themselves (without having to purchase some other currency).

I have said I agree with the other things about it.

I'm not posting things just to be a pain in the ass.

I have already recovered my original investment.

Each sentence above is in reply to a different post so have fun with that if you want to know.

Chargin.

[learminer]

Rough calculations of prices at MP.

Let's say you have 100 000 000 Karma and you sell them at 204 litoshis=You will now have 204 LTC's, supposed you bought at 7 litoshis before, this would mean you spent 7LTC's to buy them, well it's not bad.

204LTCs=3.2BTC (when LTC=0.01569 BTC)
7LTCs=0.189BTC (when LTC=0.023 BTC)

So if anyone is getting cold feet at this point in time. It's a very good exit point.

But if you see that you can recoup your original investment and still share in the future of Karma community, you can also opt to do that.

Finally, if you also see the potential of a serious(+fun), active, security concious KarmaTeam and you would like to take a ride with us along the bumps on the road ahead, you are welcome with wide open arms.

BUT as long as you are in the same boat, poking holes in it and trying to distract the attention of the team from the more important things that need to be done, it will mean nothing but a waste of all our energies.

PEACE.

You're telling people to exit now? You want cheap coins, admit it!
j/k I actually agree. People who've been with us through the valley can now safely secure some ROI and enjoy the rest of the ride in a much more relaxed manner. This coin has so much going for it, now more than ever. Still feels like the show hasn't even started yet!

As for the new announcements, heavy stuff, I am impressed. The only gripe I have right now, would be choosing X11 - which will almost certainly be the next algo after Scrypt that gets ASICS. But it is immensely popular and more efficient than Scrypt, so I still like it. I freely admit that some of the economical and technical concepts you have come up with go a bit over my head. But then again I've barely had 10 minutes to read through it yet, so maybe I will comprehend it better when I can spend more time.

Good job team Karma!

[p4r4m0un7]

Now that some of you have had a chance to play around with Lill, our search engine, how do you feel about how Karma should be integrated into it?

As we approach our BTC market we'll have a budget for Lill and other projects.

Here's a refresher on how Lill will work: https://bitcointalk.org/index.php?topic=579973.msg6505551#msg6505551

At this point we can do any number of things.

What do you think?

I am also suggesting to implement transactions ID`s next to KARMA amount. This rewarding amounts, how are you planning to be implemented? On a Search result basis or on a logged user basis? If I didn`t got it wrong, I suggest that this KARMA rewards to be implemented on a logged user basis and only for users that are logged in with their karmashare.me account. And it that matter - Why do we have plain log in method, facebook, twitter, but we do not have karmashare.me method? Of course the rewards will still be given for search results by itself.

P.S. KarmaTeam, I have now reminder for doing this every second Sunday. But since I am not authorized and I am not part of the team, probably almost all of the pool operators will ignore me. So, it is good if someone of the team look over the pools when big change is to be made. Because this takes several hours, you can PM me to do all the work and you will just have to contact pool operators with needed changes, that I will prepare for you. Agree?

[Triffin]

Hi Guys ..

RE: Next windows wallet update ..

For us 'old' noobs 

Could you please add the 'missing' nodes to the next wallet update  ??
I haven't been able to get a wallet to 'synch' yet ..
So, I'm still holding all my coins on an exchange ..

Triff ..

[p4r4m0un7]

When I hear KARMA, LILL, KARMASHARE.ME, WESTPOND, KARMASHARES, FABRI₭, EyeQ, Hireplex

[luqas0891]

suggesting that if I have 1 000 000 000 I should leave now?
never
Waiting for at least 100 satoshi or more then start to consider sale
As miserable DOG with an infinite number of coins unimaginative and other non-core real assumptions could have a 200 satoshi how much can be worth 1 KARM? That question I leave unanswered

[ptman]

suggesting that if I have 1 000 000 000 I should leave now?
never
Waiting for at least 100 satoshi or more then start to consider sale
As miserable DOG with an infinite number of coins unimaginative and other non-core real assumptions could have a 200 satoshi how much can be worth 1 KARM? That question I leave unanswered

If you 1 billion you should start giving away tips (if you already are then sorry...) right now.

[Instamatic]

What is PITA again?

PITA = Pain In The Ass

Generally I fall into that category as well when playing devil's advocate.

[Triffin]

LOL ..

I thought it was a type of bread 

Triff ..

[luqas0891]

I'm Karm from the beginning, as he was buying the satoshi 4, after 10 litoshi and for a long time digging, this Wault from the beginning had good potential, especially due to be great recognizable name in the real world for ordinary people, I think it takes some time and a bit of good ideas that I see that they are implemented and it pays off as you can see Karm still growing
According to me you must deploy x11, jump on KARM / BTC and 50 satoshi we have guaranteed
I agree with previous speakers that the 200 litoshi it is cheap at the moment

[kosmost]

Hi Guys ..

RE: Next windows wallet update ..

For us 'old' noobs 

Could you please add the 'missing' nodes to the next wallet update  ??
I haven't been able to get a wallet to 'synch' yet ..
So, I'm still holding all my coins on an exchange ..

Triff ..

Yes, this will certainly be fixed. No more manual updates

[kosmost]

Please vote for the new Karma & Karmashares Code of Ethics and Conduct

http://karmashares.com/forums/index.php?topic=391.0