[ANN][KARM] Karma / ₭ / X11

[socoban]

I think, we just hit bottom. 2 satoshi is the bottom. Those dumpers are profit takers, miners do not have such amount of Karma. They dumped what they could at 3 satoshi. half of buy support at 2 satoshi was lifted, I think the reason is simple, that 26 BTC buy wall guy wants dumpers to panic sell. It they sell at 2 satoshi, they will not be able to buy it back. This means 160 litoshi is the price everyone will be happy to join Karma. There is no way to go lowers, profit takers can't take profit at such price and miners will have to mine for a month to be able to dump the whole 2 satoshi buy wall. Of course buyers can lift it, but I do not think there is much room to go under 160 litoshi. This was the price before mining reward dropped and before BTC market was opened.

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[Chargin]

I don't understand: you did big efforts to regain the BTC market on Mintpal, and now, KARM hit the bottom again @ 2 Satoshi..
The situation on the LTC market is bad too.
Are not afraid that Mintpal will kick you again if this will continue ?

A failed rally now would do more harm than good. I'm not worried about what an exchange does to Karma because its "value" isn't derived from its current price. I don't think Mintpal would do that any time soon anyways.

Karma isn't trading at 2 Satoshi. 1 big buyer just removed his buy order so the "wall" is down to 11 Bitcoins (dropped by over half). That buyer is still out there possibly waiting until the price drops to 1, ie doubling the amount he can buy, assuming he actually wants to buy Karma still and hasn't given up trying to increase its price with an order he wasn't expecting to be filled. I doubt he will try to push the price down if he is a real buyer because he just had over 20 BTC sold into him at 4 Satoshi. The majority of what is left at 2 Satoshi is a medium sized buyer. The 2 Satoshi "wall" could fall with just 2 BTC in sales at 2 Satoshi if the medium sized buyer removes his order lol. It could also fall if somebody tries to push the price down...or even if the current trend stays. The exact same thing happened at 3 Satoshi, except there were more actual sales.

Karma won't fall much below 1 if it reaches it but I can easily see Karma falling below 2.

As long as Karma changes hands I'm happy because it means somebody is interested. I think the more the price falls the more likely it will end in a "true believers" hands that might never let it go.

AGcrypto, $10k could have bought you at most 20% of Karma, does that mean you currently hold 65% of it?

Chargin.

[socoban]

I don't understand: you did big efforts to regain the BTC market on Mintpal, and now, KARM hit the bottom again @ 2 Satoshi..
The situation on the LTC market is bad too.
Are not afraid that Mintpal will kick you again if this will continue ?

A failed rally now would do more harm than good. I'm not worried about what an exchange does to Karma because its "value" isn't derived from its current price. I don't think Mintpal would do that any time soon anyways.

Karma isn't trading at 2 Satoshi. 1 big buyer just removed his buy order so the "wall" is down to 11 Bitcoins (dropped by over half). That buyer is still out there possibly waiting until the price drops to 1, ie doubling the amount he can buy, assuming he actually wants to buy Karma still and hasn't given up trying to increase its price with an order he wasn't expecting to be filled. I doubt he will try to push the price down if he is a real buyer because he just had over 20 BTC sold into him at 4 Satoshi. The majority of what is left at 2 Satoshi is a medium sized buyer. The 2 Satoshi "wall" could fall with just 2 BTC in sales at 2 Satoshi if the medium sized buyer removes his order lol. It could also fall if somebody tries to push the price down...or even if the current trend stays. The exact same thing happened at 3 Satoshi, except there were more actual sales.

Karma won't fall much below 1 if it reaches it but I can easily see Karma falling below 2.

As long as Karma changes hands I'm happy because it means somebody is interested. I think the more the price falls the more likely it will end in a "true believers" hands that might never let it go.

AGcrypto, $10k could have bought you at most 20% of Karma, does that mean you currently hold 65% of it?

Chargin.

dump to sub 1 satoshi will not happen. People are simply not making profit at that price. Those who bought karma sub 50 litoshi already traded it to karmashares. So there are no real holders of KARMA sub 50 litoshi. LTC price droped during that time from 0.018 to 0.012, so those who bought after KARMAShares inicial exchange are not making profit selling Karma sub 100 litoshi. It is simply lose. So, the truth is, 1 satoshi is the exact price, first adopters could buy KARMA after they exchanged for KarmaShares. In my point of view, 100 litoshi will not happen, no way. Panic selling has finished at 3 satoshi. Half of 2 satoshi buy wall was pulled, not filled. There are no real dumpers, only very small volume, lover day by day. I think, it is time to buy in.

[lecristoph]

Anyone knows what's up with karmaworldcup.org ? Are the bets still live ? When will the payments roll out to the winners ?
The domain seems to have expired....

[p4r4m0un7]

Anyone knows what's up with karmaworldcup.org ? Are the bets still live ? When will the payments roll out to the winners ?
The domain seems to have expired....

The link on the OP goes here:
http://www.coinsultans.com/KARMAWORLDCUP_.html

You just have to click it.

[lecristoph]

Anyone knows what's up with karmaworldcup.org ? Are the bets still live ? When will the payments roll out to the winners ?
The domain seems to have expired....

The link on the OP goes here:
http://www.coinsultans.com/KARMAWORLDCUP_.html

You just have to click it.

Thanks.

[bitwho]

https://bter.com/voting#KARM

#6 KARMA


Keep voting guys!

[pabloangello]

I am a bit concerned about this massive sell orders on Karm/BTC market. It looks same like before.

[Maurizio]

I am a bit concerned about this massive sell orders on Karm/BTC market. It looks same like before.

Did you expect something else after opening the Karm/BTC market again?
We could see the same with PND/BTC. Mintpal wins. This coin and every other
coin who wants gain real value, needs to be usefull in the real life. Shopping, eating and much more.

[pabloangello]

I am a bit concerned about this massive sell orders on Karm/BTC market. It looks same like before.

Did you expect something else after opening the Karm/BTC market again?
We could see the same with PND/BTC. Mintpal wins. This coin and every other
coin who wants gain real value, needs to be usefull in the real life. Shopping, eating and much more.

With Karmacoin development and devs/community activity I see it quite possible so.

[AGcrypto]

I don't understand: you did big efforts to regain the BTC market on Mintpal, and now, KARM hit the bottom again @ 2 Satoshi..
The situation on the LTC market is bad too.
Are not afraid that Mintpal will kick you again if this will continue ?

A failed rally now would do more harm than good. I'm not worried about what an exchange does to Karma because its "value" isn't derived from its current price. I don't think Mintpal would do that any time soon anyways.

Karma isn't trading at 2 Satoshi. 1 big buyer just removed his buy order so the "wall" is down to 11 Bitcoins (dropped by over half). That buyer is still out there possibly waiting until the price drops to 1, ie doubling the amount he can buy, assuming he actually wants to buy Karma still and hasn't given up trying to increase its price with an order he wasn't expecting to be filled. I doubt he will try to push the price down if he is a real buyer because he just had over 20 BTC sold into him at 4 Satoshi. The majority of what is left at 2 Satoshi is a medium sized buyer. The 2 Satoshi "wall" could fall with just 2 BTC in sales at 2 Satoshi if the medium sized buyer removes his order lol. It could also fall if somebody tries to push the price down...or even if the current trend stays. The exact same thing happened at 3 Satoshi, except there were more actual sales.

Karma won't fall much below 1 if it reaches it but I can easily see Karma falling below 2.

As long as Karma changes hands I'm happy because it means somebody is interested. I think the more the price falls the more likely it will end in a "true believers" hands that might never let it go.

AGcrypto, $10k could have bought you at most 20% of Karma, does that mean you currently hold 65% of it?

Chargin.

Well when i bought my titan karma was a 16lat so i am not sure your calculations are correct 😝 With the Karma i had mined plus a 10k buy in it would have been approx 15 billion not sure how much Karma was out in march/april time frame but i am sure it was not too much more than that. But its all good if we all could tell the future there would be no such thing as being rich. I believe in Karma and have proven it by securing a good position in the Karmashares LLC. I can care less about todays prices, if anything I look at them as a 4th of July sale. There are so many awesome things in the works for Karma that I am very secure in my decision to get involved with this coin and invest in its future. It is all just a matter of time. So for now i will continue to take advantage of these ridiculous low prices and build my little pile just that much higher.  

[bitwho]

I am a bit concerned about this massive sell orders on Karm/BTC market. It looks same like before.

Did you expect something else after opening the Karm/BTC market again?
We could see the same with PND/BTC. Mintpal wins. This coin and every other
coin who wants gain real value, needs to be usefull in the real life. Shopping, eating and much more.

such implementation take time.


any other coin that promises you that , its actually taking your coin, converting it to bitcoin and buying the service. Don't be fooled.


there are tons of mullti million $$ market that do no offer such feature yet.

AKA karma has huge potential space to grow.

Plus we already have started pushing the coin to project that are mainstream. search engine , video-interview , gps map promottion , social media network

ROME was not built in one day

[luqas0891]

when X11 ??
i really think it's time sold my 1 000 000 000 but market  ... ;(

[Alphi]

when X11 ??
i really think it's time sold my 1 000 000 000 but market  ... ;(

If you want to dump your coins on the market then feel free... I will be happy to buy some of them...

but btw if you are going to seriously consider panic selling then you really should not be investing in crypto currency at all because
what we are seeing right now is just a correction and normal market fluctuations.

the sky is not falling and the rocket is not going to the moon.... we are all just at the beach and some of us are surfing some awesome waves.  

so when the big waves come crashing in, you can either panic and run for cover or you can break out your surf board...

[AGcrypto]

when X11 ??
i really think it's time sold my 1 000 000 000 but market  ... ;(

Yea please sell them now. I will also be happy to buy them up. I believe there are two types on investors, the ones that are looking for the quick buck and the ones that believe in the coin and are willing to invest in its long term future and as a result reap the rewards that come with it. Its been said 100 times but let me say it again. Karma is still in its infancy and will take on a lot of ups and downs so if you are not in it for the right reasons and are losing sleep over the day to day ups and downs then maybe this isn't the coin for you. The Karma Team is working hard to insure the success of Karma. Things take time, you have to remember the team is made up of people who believe in Karma  and volunteer their free time to do what we can to ensure this coin succeeds. So instead of crying about what you could have sold at or if you should sale now, maybe your time would be better spent getting involved in Karma  and helping to better promote it. There is no coin out there that comes close to all the projects we have in the pipeline. It is up to you to do your research on Karma and to get the word out on how awesome it is and how much better it will be. The more that see just how good we are, the more will buy all the loose coins from the dumpers and the higher the price and value will grow. Its easy to sit here and cry because you couldn't make a quick buck off other peoples hard work, but i challenge you to get involved and help us to build Karma to a level never seen before and at the same time having a hand in helping to build the value of your own wallet. That's just Good Karma.

[bitwho]

when X11 ??
i really think it's time sold my 1 000 000 000 but market  ... ;(

how? gimme!

[kosmost]

I am a bit concerned about this massive sell orders on Karm/BTC market. It looks same like before.

We seem to get these same types of questions every 2-3 weeks.

[AGcrypto]

I am a bit concerned about this massive sell orders on Karm/BTC market. It looks same like before.

We seem to get these same types of questions every 2-3 weeks.

Yea the problem is a lot of people don't really know what before looked like. And as someone who was there (as just a miner at the time) I can tell you this is nowhere close to were it was before. Unlike before we actually have a Dev and Team in place who volunteer their free time, are very active and are constantly working every chance they can to meet our goals for this coin. And unlike some of the coins who are developed and managed by some punk living in his mothers basement a majority of the Karma Team is made up of everyday professionals that live very active lives yet take the time to do what we can when physically possible. So again no we are nowhere close, nor do we even face the chance of ever even coming close to how it used to be.

[ShawnLeary]

lol,
wait couple of months
keep posting at btctalk
migrate to next algo
...
PROFIT

anyway you guys do the GREAT work.

nice!

[ShawnLeary]

Anyone knows what's up with karmaworldcup.org ? Are the bets still live ? When will the payments roll out to the winners ?
The domain seems to have expired....

The link on the OP goes here:
http://www.coinsultans.com/KARMAWORLDCUP_.html

You just have to click it.

Thanks.

I posted a summary a few pages back of the final four teams.  Here is a summary update for the remaining two teams:

Germany   500,000
           500,000
           100,000
        1,000,000
        1,000,000
           100,000
        1,000,000
           100,000
        1,000,000
        2,000,000
           250,000
        7,550,000

Argentina   2,000,000
           2,000,000
             100,000
             500,000
             100,000
             250,000
                    100,000
           5,050,000

Just divide your bet by the total placed on your team to find out the percent of the 34,200,000 you get.