[ANN][KARM] Karma / ₭ / X11

[karmala]

Hi! We are the Hitbtc team. Hitbtc is the most advanced exchange. Now everyone can vote for their favorite currency to be added to Hitbtc. You can start voting here: https://hitbtc.com/vote

Among the latest currencies taking part in our vote is Karmacoin. So we invite all of you to take part in voting to add KARM to Hitbtc.
Votes from registered users will be multiplied x10!

If this isn't an invitation I don't know what is. This hasn't only been posted here so lets get cracking.

I encourage everyone to sign up to the site and vote every day. Approximately every 24 hours I'll post an update here on our progress and remind people to vote. We don't need the most votes, we just need to show our potential.

Day 0:
Rank 1: Nxt  17398 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 2: GlobalBoost 12810 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 3: BlackCoin 9900 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 4: NFD Coin 7771 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 5: Latium 4819 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 6: Mintcoin 2286 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 7: Vertcoin 1294 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 8: Monero  1000 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 9: NEMcoin 935 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 10: Nascoin 515 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 25: Reddcoin 165 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 26: Karmacoin 162 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 27: Mjollnircoin 150 (24 Hr gain +0) (last 7 days gain +0) (gain since day 0 +0)

Do you really think any of them are better than Karma?

Sign up to (https://hitbtc.com/vote) then vote. Make sure you sign in so your vote is worth 10 times as much.

To get 1000 points it only takes 10 people voting for 10 points every day for 10 days. Lets get started.

Chargin.

+1

Done.

done and will re-do it every day. You should too my Karmaneons! This exchange offers FIAT CONVERSION.... By the  way, btc on cryptsy might not be long away, or?

[Triffin]

RE: KARM/BTC on Cryptsy ..

Sent in a request for this yesterday ..

Triff ..

[hitbtc]

Hi! We are the Hitbtc team. Hitbtc is the most advanced exchange. Now everyone can vote for their favorite currency to be added to Hitbtc. You can start voting here: https://hitbtc.com/vote

Among the latest currencies taking part in our vote is Karmacoin. So we invite all of you to take part in voting to add KARM to Hitbtc.
Votes from registered users will be multiplied x10!

If this isn't an invitation I don't know what is. This hasn't only been posted here so lets get cracking.

I encourage everyone to sign up to the site and vote every day. Approximately every 24 hours I'll post an update here on our progress and remind people to vote. We don't need the most votes, we just need to show our potential.

Day 0:
Rank 1: Nxt  17398 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 2: GlobalBoost 12810 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 3: BlackCoin 9900 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 4: NFD Coin 7771 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 5: Latium 4819 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 6: Mintcoin 2286 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 7: Vertcoin 1294 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 8: Monero  1000 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 9: NEMcoin 935 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 10: Nascoin 515 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 25: Reddcoin 165 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 26: Karmacoin 162 (24 hr gain +0) (last 7 days gain +0) (gain since day 0 +0)
Rank 27: Mjollnircoin 150 (24 Hr gain +0) (last 7 days gain +0) (gain since day 0 +0)

Do you really think any of them are better than Karma?

Sign up to (https://hitbtc.com/vote) then vote. Make sure you sign in so your vote is worth 10 times as much.

To get 1000 points it only takes 10 people voting for 10 points every day for 10 days. Lets get started.

Chargin.

+1

Thank you very much guys! And good luck in voting!

There are two ways for currencies to secure a place on Hitbtc. First, those with the highest number of will be periodically added onto the exchange: https://hitbtc.com/vote
It is also possible to add currencies once they have two market makers.
Market Makers - please e-mail us: pr@hitbtc.com

Do not forget that once you sign in to your Hitbtc account, your votes will be multiplied by 10. Be sure to share these details with your friends!

[p4r4m0un7]

...sign in and activate 2FA. Then vote. Security first.

[jaipagare]

I need help!!

I have couple of hundreds of Karma coin which is on exchange. Now since Karma is doing good, I wanted to transfer all coins from exchange to my local desktop wallet.

I downloaded Karma-v0.8.6.2.5 Windows wallet from http://karmacoin.me/; but unfortunately I am not getting connected to Karma network. Is it something I am doing wrong?

Also I am not sure what people are talking about? Is it necessary to convert karma coins to karma shares? I mean is it a compulsion? I don't wish to convert my coins to shares for sure?

[karmala]

I need help!!

I have couple of hundreds of Karma coin which is on exchange. Now since Karma is doing good, I wanted to transfer all coins from exchange to my local desktop wallet.

I downloaded Karma-v0.8.6.2.5 Windows wallet from http://karmacoin.me/; but unfortunately I am not getting connected to Karma network. Is it something I am doing wrong?

Also I am not sure what people are talking about? Is it necessary to convert karma coins to karma shares? I mean is it a compulsion? I don't wish to convert my coins to shares for sure?

you dont have convert anything. Its an option. Try this with your wallet:

in your wallet go to help | debug window | console and type in:

addnode altcoin.dk:9432 add

addnode altcoin.dk:9436 add

close the popup window, wait for your wallet to start syncing.Wait up to 15-30 mins

[jaipagare]

Thanks karmala I will try and confirm.

[karmala]

its funny how everybody takes a rest after the big show yesterday we deserve it! Go Karma!

[easteagle13]

Thanks karmala I will try and confirm.

If that does not work try downloading peers.dat from the link provided here in our KARMA WIKI:

How to synch your Karma wallet when you meet a problem? https://www.youtube.com/watch?v=KIbo27XbGag

If Karma wallet is not synching Try to do what the video above suggests: click “help” click “debug window” click “console” type these in the command line at the bottom of the window that will pop out:

    addnode altcoin.dk:9432 add
    addnode altcoin.dk:9436 add

If the above did not solve the problem, download a working peers.dat, mediafire: http://www.mediafire.com/download/vry3yj0azha45de/peers.dat Close Karma wallet, copy this file and paste it in this folder: C:\Users\ed\AppData\Roaming (copy that and run it in the RUN DIALOG BOX of Windows) look for KARMA folder and paste the peers.dat replacing the old one.

[cryptowho]

its funny how everybody takes a rest after the big show yesterday we deserve it! Go Karma!

hehe the team is here to make sure code is working and projects are being worked on. We can not afford to talk about the price for too long. its wasting time. when we are top 5 coins then we can start chillaxing down here more

[cryptowho]

Im a karmashares investor

Is it important to sign my transaction or not?

yes it will be very important. It will prove that the wallet is yours.

KarmashareLLC is not active at this moment. We have tons of projects but they are not ready. Some are in beta some are sill in core development status, some need additional investment to continue. Eventually the LLC will be used for members to Vote their opinion.

for example in near future we will have some thing like " Should the LLC take this ______ path. Vote Yes or No! " and users will vote with their sharepoints. On average one user invested more then once. so they will have to verify by sending the signed message that they own this many total shares and are entitled to this many vote points


Hope that makes sense. Eventually we will clean up the and make things more simple!

[kosmost]

hide the champagne, the same 6 Satoshi are here  

I understand you from a new miner's perspective. But from the view of someone who mined it when block rewards were 10x of today and price was less than 1/10th I can only say give it some time. Karma has achieved truly amazing things. It has turned from a so-so clone coin into one of the most exciting and stable growing coins in the entire altcoin scene. And all of that not because of hyping and copying the latest fad-features. But by organically growing a great community, exploring new services/usecases for the coin and creating the perpective for long lasting value and returns with Karmashares.

And you know what? Unlike the 70+ coins that copied Blackcoin's PoW/PoS + multipool aproach, the recent anonymity hype, or other "normal" coin features you can't jsut copy Karmashares. In theory any coin could copy the Proof-of-Coin and LLC idea, but you need the right team, organization, vision and skills to actually make that mean something. And that's where 90% of coins would fall short.

Value has grown like 40x over the past few months and while most profit-taking has already happened before we even returned to the BTC markets, there will always be resistance and after every increase price needs to settle to a new floor, before it can rise further. Karma price has more than doubled since we first talked about this only a few pages back, have some faith and patience my friend. You will be rewarded.

Yeah, it's funny how some of us can deposit a load of cash in a bank and be happy with 1% yearly interest (or less) but ask "what's wrong?!?" when a crypto we've invested $200 in doesn't appreciate 300% a month.

We've made some great progress over the past 3 months. (I believe the new team began April 4, with our plan outlined a few days after that. I'll be releasing another update in a few hours. Just getting some more details in.)

But still, this is just the beginning.

[kosmost]

Socoban, on the first page of this thread and on Karmashares.com you can see that if you trade your coins for shares, you will get 1.75 multiplier. So, you are mistaken about this. I as a KARMA investor am totally against that somebody who missed the Quantum periods to get more than 1.75. Actually if it was up to me, I would  definitely lower this ratio.

Yeah, and the ratios have never changed. The information has been there since day 1. Anyone can refer to the right panel of http://www.reddit.com/r/karmashares

[kosmost]

[snips]

As someone said, most of KarmaShares is hold by 15 people.

[snips]

Now that doesn't make it true, now does it?

[kosmost]

Socoban, on the first page of this thread and on Karmashares.com you can see that if you trade your coins for shares, you will get 1.75 multiplier. So, you are mistaken about this. I as a KARMA investor am totally against that somebody who missed the Quantum periods to get more than 1.75. Actually if it was up to me, I would  definitely lower this ratio.

I am not suggesting to increase ratio to 5x, but to decrease revenue for KARMA coin, or to make Shares trade-able. And it really does not matter what is written in Bitcointalk forum, if official web page says something else. We are searching for new blood, new blood does not read this thread. Official web page makes Karma Coin much more valuable compared to KarmaShares than it really is. Those information on that page are simply not true. As someone said, most of KarmaShares is hold by 15 people. We need to get hundreds of new shareholders. Those shareholders will bring new Expensive Karma Coins to the project. First investors bought KarmaCoin for 10-40 litoshi. They got 5-10x multiplier for shares. KarmaCoin is now at 450 litoshi. The revenue for early shareholders is 50-100x higher than for those who come now. So those new investors have to pay 50x more money to get same shares as early shareholders got. But KarmaShares company need new investors. We need new money to be thrown into project. The more people invest into KarmaShares, the more value those shares have. We need new blood and new money to be thrown into new projects.  Hence we need to make KarmaShares attractive. They are not attractive now. Karma coins holders does not help KarmaShares company, only KarmaShares holders help it.

We have plenty of money for projects. We are making plans now to spend a small portion of it to get things started.

We may even have more funding than Bitcoin itself (!)

[kosmost]

Wow! I've seen this coin go to litecoin market and now you are back in bitcoin market! Congrats and respect to dev and community.

Thanks to all of our efforts

[kosmost]

Socoban, on the first page of this thread and on Karmashares.com you can see that if you trade your coins for shares, you will get 1.75 multiplier. So, you are mistaken about this. I as a KARMA investor am totally against that somebody who missed the Quantum periods to get more than 1.75. Actually if it was up to me, I would  definitely lower this ratio.

I am not suggesting to increase ratio to 5x, but to decrease revenue for KARMA coin, or to make Shares trade-able. And it really does not matter what is written in Bitcointalk forum, if official web page says something else. We are searching for new blood, new blood does not read this thread. Official web page makes Karma Coin much more valuable compared to KarmaShares than it really is. Those information on that page are simply not true. As someone said, most of KarmaShares is hold by 15 people. We need to get hundreds of new shareholders. Those shareholders will bring new Expensive Karma Coins to the project. First investors bought KarmaCoin for 10-40 litoshi. They got 5-10x multiplier for shares. KarmaCoin is now at 450 litoshi. The revenue for early shareholders is 50-100x higher than for those who come now. So those new investors have to pay 50x more money to get same shares as early shareholders got. But KarmaShares company need new investors. We need new money to be thrown into project. The more people invest into KarmaShares, the more value those shares have. We need new blood and new money to be thrown into new projects.  Hence we need to make KarmaShares attractive. They are not attractive now. Karma coins holders does not help KarmaShares company, only KarmaShares holders help it.

Hey ~ when karma is under 10 latoshi
that time many people didn't buy karmacoins
But over serveral month, the dev and team goes their own way under that price
And the period of multiple-share changing was over one month!
Then the price goes high it's become unfair?
All chance are opened for all and someone get the chance under darkness season
and someone get the chance more clear time
High risk high return. Low risk low return.

The bit is also under 10 bucks just an years ago
That time people bought that for earning money? no. Just fun to buy.
But now people buy bits over 600buck. That's unfair??
Share is too. If the LLC is really good? Then many people invest
If not? They didn't invest
Don't focus on missing bus.
There are many great things still exist!

karmacoin was over 10 satoshi passtime.
I saw the price of my karmacoins decreased 5000%
care with the price of bitcoin that time. 7500% decreased!!
Karma has passed really dark time. And now cameback
I want to give you this patience and potential of karmacoin^^

Good luck~!

Yes, and nearly all invested before we were officially an LLC.

High risk, high return indeed.

[kosmost]

Not trying to be a smartass here, but...

What I did is take the actual conversion rate of LTC to BTC into account. Relative to BTC Karma didn't gain as much, since LTC is now down almost 50%. That plus Karma never really traded at 7 litoshis. It dipped down to 7 ONCE for about 30 minutes. The real floor was 9 litoshis, with regular swings into the 12-15 range. If you combine those two factors then Karma value (in BTC) actually "only" increased ~27x since then (1BTC = 40LTC, 1 Karma = 9 litoshi => 1 Karma = 0,225 satoshi) to now (1 Karma = 6 satoshi).

Sigh, what a downer. So there you have it, guess we'll need a stable rise to 9sat next to make that 40x increase real, who's in?!

Only a 2,700% gain in 3 months

We need to do 453,029% !!

[kosmost]

Hmm, I don't think you understand the text I have written. I am early shareholder, I have bought my Shares cheap. But what I see, there is no interest in KarmaShares. Peope are buying Karma to hold it and sell it, not to trade it for KarmaShares. Hence it means something is wrong. If price increase of Karma is driven by KarmaShares company, than KarmaShares should be hot like gold. They are not. People do not want them. As I wrote earlier, reason is, they have no reason to do that. They will w8 for KarmaShareholders to do the hard job, to push Karma price up and than they will sale. KarmaShares holders are taking all the long-term risk and do not have an option to take short-term profit.

It's kind of amusing to read your statement that "people do not want them". Lots of people did and do. It continues to be a phenomenal success.

I don't see how the market is acting irrationally about Karmashares shares at this point. When revenues are seen then we'll see more interest. It makes sense.

[ptman]

Not trying to be a smartass here, but...

What I did is take the actual conversion rate of LTC to BTC into account. Relative to BTC Karma didn't gain as much, since LTC is now down almost 50%. That plus Karma never really traded at 7 litoshis. It dipped down to 7 ONCE for about 30 minutes. The real floor was 9 litoshis, with regular swings into the 12-15 range. If you combine those two factors then Karma value (in BTC) actually "only" increased ~27x since then (1BTC = 40LTC, 1 Karma = 9 litoshi => 1 Karma = 0,225 satoshi) to now (1 Karma = 6 satoshi).

Sigh, what a downer. So there you have it, guess we'll need a stable rise to 9sat next to make that 40x increase real, who's in?!

Only a 2,700% gain in 3 months

We need to do 453,029% !!

The 453029% gain is a nice target for the next 3 months...lol
Altough a 10x (1000%) increase in relation to the current price would be more than fine