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Author Topic: [ANN][KARM] Karma / ₭ / X11  (Read 563692 times)
Kokok
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July 09, 2014, 12:55:52 AM
 #3321

What are you thoughts on 50 million new coin mined each day?

1440 block a day x 35 000 coins a day.

looking at our hashrate. how many of them are holder and how many are sellers?

lets keep the discussion going ya'll

asics... will be gone soon with x11

I for one will be very sad when this ^^^^ happens. I got rid of all my high wattage GPUs and built a LOW WATTAGE ASIC farm and have been mining KARMA none stop. Not selling any of the coins I mine. So when KARMA moves away from SCRYPT, I will be forced to mine something else. I cannot begin to describe how sad this makes me.

I have to say... I feel like I am being punished for putting my faith in a coin, that actually succeeded.
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AGcrypto
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July 09, 2014, 01:18:59 AM
 #3322

What are you thoughts on 50 million new coin mined each day?

1440 block a day x 35 000 coins a day.

looking at our hashrate. how many of them are holder and how many are sellers?

lets keep the discussion going ya'll

asics... will be gone soon with x11

I for one will be very sad when this ^^^^ happens. I got rid of all my high wattage GPUs and built a LOW WATTAGE ASIC farm and have been mining KARMA none stop. Not selling any of the coins I mine. So when KARMA moves away from SCRYPT, I will be forced to mine something else. I cannot begin to describe how sad this makes me.

I have to say... I feel like I am being punished for putting my faith in a coin, that actually succeeded.

From someone who preordered a $10,000 KNC Titan Scrypt miner months ago and might or might not get it in time to even ROI, I feel your pain and admire your loyalty. But in the end we have to do what will be best in the long run for the future of Karma. There is nothing wrong with mining other coins and buying Karma as we would be helping to take loose coins from weak hands and dumpers and securing them in our wallets. Another avenue I will explore is possibly selling my hash power from my asics to rentals and taking the BTC i get and buying Karma.
bitwho
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July 09, 2014, 01:25:50 AM
 #3323

Wallet download button is out of order atm

Pls fix it.
Ty

this is being address. Site is offline. please be patient.

hmm.. site is back online but the wallet link is still down. You can wait until the link is fixed or you can download the window wallet that i uploaded here https://www.sendspace.com/file/505lol


https://www.virustotal.com/en/file/07cb38fb94c9665a1b1d3833dba713c3cce3efca9a22ce780a367aea799c0245/analysis/1404866511/
bitwho
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July 09, 2014, 03:04:30 AM
 #3324

Wallet download button is out of order atm

Pls fix it.
Ty

this is being address. Site is offline. please be patient.

hmm.. site is back online but the wallet link is still down. You can wait until the link is fixed or you can download the window wallet that i uploaded here https://www.sendspace.com/file/505lol


https://www.virustotal.com/en/file/07cb38fb94c9665a1b1d3833dba713c3cce3efca9a22ce780a367aea799c0245/analysis/1404866511/

sites back up. here is a link to it. http://karmacoin.me/wallets/karmacoin_windows_wallet

still working on the links from OP page : )
KarmaTeam
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July 09, 2014, 03:10:46 AM
 #3325

Wallet download button is out of order atm

Pls fix it.
Ty

this is being address. Site is offline. please be patient.

hmm.. site is back online but the wallet link is still down. You can wait until the link is fixed or you can download the window wallet that i uploaded here https://www.sendspace.com/file/505lol


https://www.virustotal.com/en/file/07cb38fb94c9665a1b1d3833dba713c3cce3efca9a22ce780a367aea799c0245/analysis/1404866511/

sites back up. here is a link to it. http://karmacoin.me/wallets/karmacoin_windows_wallet

still working on the links from OP page : )

Main OP is fixed. the windows download shortcut should point out to the correct link and download should be instant

-Who
dbstmddhks
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July 09, 2014, 07:07:00 AM
 #3326

Think and focus on the 'real value'

Not the price made by 'market'

If you touch the price of karma for pumping the price. It must take 'great dump'.

And we need too much time to recover this damage.

Relax~

Not to be addicted to the 'too high interests'

It will kill your happy life. I don't want to see that kinds of things in karma communities


But Team karma

Your team need to something that anyone can join and have fun.

Now, people have nothing to do except Team karma.

That makes them feel fud and boring
karmala
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July 09, 2014, 07:13:04 AM
 #3327

Think and focus on the 'real value'

Not the price made by 'market'

If you touch the price of karma for pumping the price. It must take 'great dump'.

And we need too much time to recover this damage.

Relax~

Not to be addicted to the 'too high interests'

It will kill your happy life. I don't want to see that kinds of things in karma communities


But Team karma

Your team need to something that anyone can join and have fun.

Now, people have nothing to do except Team karma.

That makes them feel fud and boring

Here is the perfect opportunity for getting involved http://www.reddit.com/r/KarmaTeam/comments/2a7ydy/charity_workgroup_task_for_upcomming_fundraising/ 
we need a nice banner and text for our upcomming charity on karmafund.me.

We can allways need people for the different workgroups in our forum http://karmashares.com/forums/index.php The action is there!

what we also need is a vector graphic of the Karma logo for our cold storage metal plate provider bitkee.com . Can anybody do this?

Telgram messenger with attention economy http://r.getgems.org/m/TuJXXBal9o
ShawnLeary
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July 09, 2014, 10:21:51 AM
 #3328

Concerning KARMA's downward sell pressure due to mining.   In three months we will have our largest percent and final decrease in rewards.  35,000 will drop by 72% to a meager 10,000.   The reward level will then remain constant until all coins are finally released in February 2020. 

We just passed 59B KARMA and have yet another 9B to absorb over the next 3+ months.  That's still a ton of coins, then we will be at a stable point for KARMA.  Until then, we will continue to see that constant downward sell pressure which is built into PoW to maintain our network.  Kosmost has a thread concerning this here on KarmaShares forum.

We need to steer this focus on the price to productive action which will boost the price naturally. 

Please join us on KarmaShares forums.

"We have the power to begin the world over again" - Thomas Paine
Alphi
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July 09, 2014, 10:57:21 AM
 #3329

What are you thoughts on 50 million new coin mined each day?

1440 block a day x 35 000 coins a day.

looking at our hashrate. how many of them are holder and how many are sellers?

lets keep the discussion going ya'll

asics... will be gone soon with x11

I for one will be very sad when this ^^^^ happens. I got rid of all my high wattage GPUs and built a LOW WATTAGE ASIC farm and have been mining KARMA none stop. Not selling any of the coins I mine. So when KARMA moves away from SCRYPT, I will be forced to mine something else. I cannot begin to describe how sad this makes me.

I have to say... I feel like I am being punished for putting my faith in a coin, that actually succeeded.

I hear you Kokok.. people are asking for change only to benefit themselves without realizing that they are hurting longtime supporters like yourself.

to this I can only say.. be thankful that you were able to mine so many coins when the difficulty was low and the coin reward was high.
you can still put your asics to good use, Scrypt will never die even if coins like Karma stop using it... and you now have a healthy stash of coins which you can either cash some in for a profit or use to help grow the economy.

you haven't been abandoned by karma even though you soon wont be able to mine it with your asics because the value of the coins you hold will continue to rise in the longer term as long as the community continues to grow so please feel free to become a more active participant in this community.


I spent a bucketload of karma supporting the karmaworldcup when the karma price was around 80 litoshi... its now well over 200... I did not expect that I was going to make any money.. and I certainly did not expect the price of karma to go up to a high of 600 litoshi (otherwise I would not have bet so much).... I just did it because it looked like a good cause to support.

now brazil the team that most people bet on has lost.. so it looks like I might actually get some coins back from my bets.. if I do end up turning a profit from the world cup then I will make sure I re invest more karma back into the community...

I have supported this coin from almost day one and I will continue to do so as long as the community sticks to its core beliefs, those fundamental ideas of supporting the crypto revolution and rewarding people for doing good works..

I wholeheartedly believe that Karma is more about education and promoting good works than it is about making people rich quickly and this is why I am here.

there will always be people who do not agree with every decision that is made.. I certainly have disagreed many many times... but at the end of the day you just have to look at where we are now and where we have come from to see if you like where we are going....

karma has been a very interesting ride for me and I am hoping that it continues to be well into the future.

KARMA: KSc9oGgGga1TS4PqZNFxNS9LSDjdSgpC1B      VERT: VgKaooA5ZuLLUXTUANJigH9wCPuzBUBv9H
DOGE:   DRN7pXid34o6wQgUuK8BoSjWJ5g8jiEs4e
Mouse020
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July 09, 2014, 11:07:38 AM
 #3330

karmashares LLC
What's your progress?
and Are there any profit?


Alphi
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July 09, 2014, 11:09:37 AM
 #3331

Wallet download button is out of order atm

Pls fix it.
Ty

this is being address. Site is offline. please be patient.

Post 3318 a community member posted a problem with our wallet not more than three post later the problem is already being addressed. There are businesses around the world that don't have that level of service and dedication. Keep up the awesome work.


I agree with you.. I just posted in the primecoin thread a few days ago asking for nodes because I couldn't sync my newly installed wallet which came directly from the website.
nobody has yet replied..

how is that any way to get people join the community?

there are a lot of crypto coins that have no concept of the idea of community... they benefited in the early days because they had few competitors but now they are suffering because of their hubris.

KARMA: KSc9oGgGga1TS4PqZNFxNS9LSDjdSgpC1B      VERT: VgKaooA5ZuLLUXTUANJigH9wCPuzBUBv9H
DOGE:   DRN7pXid34o6wQgUuK8BoSjWJ5g8jiEs4e
socoban
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July 09, 2014, 11:17:57 AM
 #3332

Concerning KARMA's downward sell pressure due to mining.   In three months we will have our largest percent and final decrease in rewards.  35,000 will drop by 72% to a meager 10,000.   The reward level will then remain constant until all coins are finally released in February 2020. 

We just passed 59B KARMA and have yet another 9B to absorb over the next 3+ months.  That's still a ton of coins, then we will be at a stable point for KARMA.  Until then, we will continue to see that constant downward sell pressure which is built into PoW to maintain our network.  Kosmost has a thread concerning this here on KarmaShares forum.

We need to steer this focus on the price to productive action which will boost the price naturally. 

Please join us on KarmaShares forums.

If there is 9 billion to be mined in next 3 months and there is already 59B mined, the sell pressure will not be high. The % to be mined compared to already mined is not high. With X11 people more people can mine, more will hold. ASIC scrypt miners will not dump that fast to pay the investments. Check the spreads, holders are not selling, there are sell orders over 300 litoshi, everything under that has almost no volume. There is lot of new buy orders today. I think many people will mine and hold. Also KARMA is so impressive concept that many new people will come. I personally plan to buy more KARMA and if it stays at 3 satoshi for a week I will definitely buy at that price than. The drop from 600 to 220 was too fast, market will reject to drop lower. I expect return to 250-300 litoshi soon.
p4r4m0un7
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July 09, 2014, 11:55:09 AM
 #3333

https://uk.eurosport.yahoo.com/blogs/the-rio-report/mourinho-why-brazil-win-world-cup-115828576.html

Jose Mourinho :
"Brazil have not been playing particularly good football but have shown that they have the 'heart of a champion' and he has picked them to win the World Cup."

Ahhh, so KLOSE.
PocketCrypto
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July 09, 2014, 01:30:47 PM
 #3334

Hello Karma Community!

We've just released PocketCrypto, a new Cryptocurrency Management App that will allow you to easily manage your Karma investment.  Hope you guys will check out the app and Good Luck to All!

We currently support all coins on Mintpal and Cryptsy. Polo and Bittrex will be added in approximately a week.




Pro Version (super awesome!) (no ads) (earlier updates) (just because you love us Cheesy)



Free Version (still awesome!)


Please check out our main post for additional info, Thanks!
https://bitcointalk.org/index.php?topic=660696.0

Thanks to everyone that has supported our app.  Smiley Bittrex is now live on the newest update!

Blockfolio  ~Bitcoin/Altcoin Portfolio App~ Charts & Price Alerts BCT thread
Download Now: Blockfolio App Twitter: @BlockfolioApp
ShawnLeary
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July 09, 2014, 01:33:02 PM
 #3335

https://uk.eurosport.yahoo.com/blogs/the-rio-report/mourinho-why-brazil-win-world-cup-115828576.html

Jose Mourinho :
"Brazil have not been playing particularly good football but have shown that they have the 'heart of a champion' and he has picked them to win the World Cup."

Ahhh, so KLOSE.

Lookin good for the Krauts, and those that picked them in our KarmaWorldCup.  One person has 2M of the total 5.5M placed on Germany to win.  

"We have the power to begin the world over again" - Thomas Paine
moki2
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July 09, 2014, 01:45:25 PM
 #3336

is the coin alive still?
p4r4m0un7
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July 09, 2014, 01:49:46 PM
 #3337

https://uk.eurosport.yahoo.com/blogs/the-rio-report/mourinho-why-brazil-win-world-cup-115828576.html

Jose Mourinho :
"Brazil have not been playing particularly good football but have shown that they have the 'heart of a champion' and he has picked them to win the World Cup."

Ahhh, so KLOSE.

Lookin good for the Krauts, and those that picked them in our KarmaWorldCup.  One person has 2M of the total 5.5M placed on Germany to win.  

No european team have won in South America. Argentina will win.
mistercoin
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July 09, 2014, 01:51:04 PM
 #3338

Always did love this coin.

ShawnLeary
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July 09, 2014, 02:11:14 PM
 #3339

is the coin alive still?

nope, nothing to see here, move along Wink

"We have the power to begin the world over again" - Thomas Paine
Alphi
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July 09, 2014, 02:50:23 PM
 #3340

https://uk.eurosport.yahoo.com/blogs/the-rio-report/mourinho-why-brazil-win-world-cup-115828576.html

Jose Mourinho :
"Brazil have not been playing particularly good football but have shown that they have the 'heart of a champion' and he has picked them to win the World Cup."

Ahhh, so KLOSE.

Lookin good for the Krauts, and those that picked them in our KarmaWorldCup.  One person has 2M of the total 5.5M placed on Germany to win.  

No european team have won in South America. Argentina will win.

holland have been slamming every other team so far.

If argentina loses against holland then the karma world cup pot is going to be a jackpot for someone because (if I recall correctly) the second team people bet on most was argentina...

interesting times indeed.

I wish I had 2 million karma on germany but alas it was not me... I do have some money on holland though so still a chance for CHACHING!


KARMA: KSc9oGgGga1TS4PqZNFxNS9LSDjdSgpC1B      VERT: VgKaooA5ZuLLUXTUANJigH9wCPuzBUBv9H
DOGE:   DRN7pXid34o6wQgUuK8BoSjWJ5g8jiEs4e
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