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Author Topic: [ANN][KARM] Karma / ₭ / X11  (Read 564348 times)
easteagle13
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September 05, 2014, 03:49:50 PM
 #5441


Yeah Shawn, I'm starting to see more and more positive buzz on this around the forums.
Thanks for contacting James as well as clarifying things with him several weeks ago (ahead of the cover you were).


https://bitcointalk.org/index.php?topic=762346

This is the next evolution in crypto.  Please consider this for Karma's future survival.  That's all the time I have to just drop this here or I would explain more.  This is what I proposed back here https://bitcointalk.org/index.php?topic=579973.msg8304198#msg8304198 It's now called SuperNET.

Bests!

SL

mouseman can you please do whatever is needed regarding this option for Karma?

TIP ME ₭ARMA:  KJeEKJv1LXHM8cYeRgQG3q87BFA4W3sTGg  FOR KARMA TRANSLATION BUDGET SEND TO: KHvkhA7RTFnG8N5RWPB48gs2y8K1od6xF4
OFF. ₭ARMA FB PAGE: https://www.facebook.com/karmacoin.me. http://lill.com
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September 05, 2014, 04:03:01 PM
 #5442


If only the people here would think about the deep implication of why a 2.5Million dollar deal was not "eagerly" or "profusely sought" they can get a hint that a bigger and better plan is waiting ahead. And why would kos does not worry about exchanges' falling price, because with the plans ahead the price of Karma at the moment is nowhere near of any importance.

We would share the plans with you when all details are ironed out. GO karma!

-east

Good.
This should have been said by kosmost when he announced the deal fell through, unless this was unknown at the time...
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September 05, 2014, 04:16:15 PM
 #5443

WOW east, this is not something we just jump into based on one person's whims. There would have to be a lot of discussion with the community and further discussion with James. He has said so much that there will only be allowed a narrow, yet strong core of cryptocurrenices he is going to allow to be a part of that supernet syndicate, yet to my knowledge has not told us what the qualifying parameters are and will be necessary by those interested coins that want to be a part of and use the "services", etc of the Supernetwork.

James loosely goes into a bit of his thinking/musing on it here:
http://www.jl777.org/supernet/

I stand corrected, James has added more details:
http://www.jl777.org/supernet-information-for-prospective-volunteers/

Official website:
http://thesupernet.org/

More of a formalized "White Paper"
http://www.weebly.com/uploads/3/8/5/6/38564127/supernet.pdf
(I've personally yet to read through this and as such maybe Shawn has further insight as just how our relationship can benefit from being amongst the accepted member coins in the Supernet....as well as how Karma could help the Supernet (they help us....we help them...type of relationship).

Be that as it may, I think when the time comes that we have further details of the Karma roadmap we all brainstorm on further and loosely agree to, well maybe at that time we can more responsibly compare the benefits of association of Karma with the Supernet VS our 100% OWN Karma roadmap independent of any other coin or network.

 
Although I TRULY would like to see "Karma go it alone" and be the powerhouse coin I think it can become all on it's own withOUT networking with other coins, devs and networks, that doesn't preclude myself personally from being open minded to associations that could be a win win relationship for Karma coin.

Let us further investigate what James is orchestrating as the conductor of this "SuperNet" as well as iron out further details on our own coin's roadmap......and then compare the two and discern if their are more irreconcilable differences in partaking in the Supernetwork or if in fact we have more in common and should deeply consider the association.

Good Karma to everyone investing, mining, promoting, etc Karma!!



Yeah Shawn, I'm starting to see more and more positive buzz on this around the forums.
Thanks for contacting James as well as clarifying things with him several weeks ago (ahead of the cover you were).


https://bitcointalk.org/index.php?topic=762346

This is the next evolution in crypto.  Please consider this for Karma's future survival.  That's all the time I have to just drop this here or I would explain more.  This is what I proposed back here https://bitcointalk.org/index.php?topic=579973.msg8304198#msg8304198 It's now called SuperNET.

Bests!

SL

mouseman can you please do whatever is needed regarding this option for Karma?
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September 05, 2014, 04:54:01 PM
 #5444



To those who are selling their coins below the fair market price on the exchanges atm...I suggest you think it over.

The team is preparing something revolutionary, you may be pleasantly surprised.


-east




It is good to hear. I`ve already sold my shares wallets, as I`ve already mansion. Without a PoC model I don`t see any good reason for me to keep coins without seeing positive trend on exchange. Of course I am doing it with keeping in mind that hurting the price will also hurt my investment, so I am doing it slowly. When I am on the half way I will stop to wait until it is revealed what is behind the door. I hope it is good.  Smiley

p4r4m0un7,
there are no plans to get rid of the poc model. We are currently discussing to increase the holding time and amount. Lill will be realized. But ok, good luck for you.

Good, good. But don`t sell lill on this ridiculous price of 2-3 million or so. I will sneak here from time to time to see what is happening. Good luck guys.
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September 05, 2014, 05:17:36 PM
 #5445

Sad to see you leave p4r4m0un7, hope you are still holding a fair share amount of karm. Wink
ret
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September 05, 2014, 07:41:40 PM
 #5446

Hi.
When Karma price will go up?
Next month?
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September 05, 2014, 07:53:05 PM
 #5447

THis is just one of those coins that I will always baghold I think. It was one of the first on mintpal for a reason. Innovation and the idea behind the coin is legit. Fair launch and no premine with a good message behind it. Can't beat that.

"the destruction of privacy widens the existing power imbalance between the ruling factions and everyone else" -- Julian Assange
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September 05, 2014, 09:14:24 PM
 #5448

Hi.
When Karma price will go up?
Next month?

If you have to ask you clearly do not understand "Cause and Effect"

;-)

It's Better 2GIVE
https://2Give.Info
clayop
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September 05, 2014, 11:39:33 PM
 #5449

I see many great suggestions here, yes it is really enjoying. But we still don't have the white paper, which entails visions and the roadmap of Karma. kosmost, when we will get the white paper? Any ETA?

The one dev that I know could implement something like it, Hiro (our X11 dev), is no longer responding. He's also not responding in his own community (Hirocoin). Not sure what's up, but it seems common in crypto.

It's difficult to complete the whitepaper and confirm 100% that we can do what's in it if he's not responding. Our HR person and community moderator who were tasked with finding resources are also MIA (the former since day 1, actually)

Before we release something that says "the sidechain will be this" we want to be sure 100% that it can be done. Without proper feedback it's not easy.

Hopefully Hiro and other people become get in touch soon. They are the backbone of Karma.
Thanks for the reply kosmost.
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September 06, 2014, 12:34:13 AM
 #5450

WOW east, this is not something we just jump into based on one person's whims. There would have to be a lot of discussion with the community and further discussion with James. He has said so much that there will only be allowed a narrow, yet strong core of cryptocurrenices he is going to allow to be a part of that supernet syndicate, yet to my knowledge has not told us what the qualifying parameters are and will be necessary by those interested coins that want to be a part of and use the "services", etc of the Supernetwork.

James loosely goes into a bit of his thinking/musing on it here:
http://www.jl777.org/supernet/

I stand corrected, James has added more details:
http://www.jl777.org/supernet-information-for-prospective-volunteers/

Official website:
http://thesupernet.org/

More of a formalized "White Paper"
http://www.weebly.com/uploads/3/8/5/6/38564127/supernet.pdf
(I've personally yet to read through this and as such maybe Shawn has further insight as just how our relationship can benefit from being amongst the accepted member coins in the Supernet....as well as how Karma could help the Supernet (they help us....we help them...type of relationship).

Be that as it may, I think when the time comes that we have further details of the Karma roadmap we all brainstorm on further and loosely agree to, well maybe at that time we can more responsibly compare the benefits of association of Karma with the Supernet VS our 100% OWN Karma roadmap independent of any other coin or network.

 
Although I TRULY would like to see "Karma go it alone" and be the powerhouse coin I think it can become all on it's own withOUT networking with other coins, devs and networks, that doesn't preclude myself personally from being open minded to associations that could be a win win relationship for Karma coin.

Let us further investigate what James is orchestrating as the conductor of this "SuperNet" as well as iron out further details on our own coin's roadmap......and then compare the two and discern if their are more irreconcilable differences in partaking in the Supernetwork or if in fact we have more in common and should deeply consider the association.

Good Karma to everyone investing, mining, promoting, etc Karma!!



Yeah Shawn, I'm starting to see more and more positive buzz on this around the forums.
Thanks for contacting James as well as clarifying things with him several weeks ago (ahead of the cover you were).


https://bitcointalk.org/index.php?topic=762346

This is the next evolution in crypto.  Please consider this for Karma's future survival.  That's all the time I have to just drop this here or I would explain more.  This is what I proposed back here https://bitcointalk.org/index.php?topic=579973.msg8304198#msg8304198 It's now called SuperNET.

Bests!

SL

mouseman can you please do whatever is needed regarding this option for Karma?

Good stuff.   Please read about this in my link to the Supernet bitcointalk thread.  I personally believe that PoW (aside from BTC and LTC) is dead.    The cost of mining for bitcoin is justified, but for other coins I don't think its a good model to clone anymore.  Adapt, advance, progress, or die. 

"We have the power to begin the world over again" - Thomas Paine
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September 06, 2014, 04:41:01 AM
 #5451

"With what I charge for my time I could buy 2 cars a day"


holy crap i had no idea you charge 40 to 50 k per day that is down right AMAZING !!!   thats like quarter mill a week. amazing

took me 12yrs to profit 5mill,and your doing 12mil per yr amazing

Kudos to you
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September 06, 2014, 05:13:15 AM
 #5452

"With what I charge for my time I could buy 2 cars a day"


holy crap i had no idea you charge 40 to 50 k per day that is down right AMAZING !!!   thats like quarter mill a week. amazing

took me 12yrs to profit 5mill,and your doing 12mil per yr amazing

Kudos to you

not so amazing. Life is more interesting and rewarding when you have less, I think.

There's a lesson in there somewhere for Karma.

Less is more!

Goodomy ["GOOD"] token here ∞ Rewards for customers of 700,000 retail stores in the US and millions more around the world
toeshe
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September 06, 2014, 05:44:09 AM
 #5453

you removed your last post before this one?!!!
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September 06, 2014, 05:47:48 AM
 #5454

sorry but 12mil per yr is amazing
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September 06, 2014, 07:34:37 AM
 #5455

POW model's relying on miners to sustain the network is it's biggest downside. New coins are not gonna succeed with current POW model. Once it's mined out or rewards are reduced, the miners gonna leave resulting in the death of the coin. Is there any other methods to sustain the network, even if there are no miners?

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September 06, 2014, 07:40:13 AM
 #5456

https://chainz.cryptoid.info/ is willing to add our blockchain, for the fee of 0.3btc.  Would anyone be interested in helping fund this?

I'll personally put up 0.03 btc towards the funding.

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September 06, 2014, 09:45:15 AM
 #5457

https://chainz.cryptoid.info/ is willing to add our blockchain, for the fee of 0.3btc.  Would anyone be interested in helping fund this?

I'll personally put up 0.03 btc towards the funding.

Yep, ill put in 0.03btc too.
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September 06, 2014, 11:22:36 AM
 #5458

Ive just contacted cryptorush and they will soon start refunding the people who lost money on there.
Personally, i have only lost 0.2btc, this is not much. But as soon this 0.2btc comes free, im willing to put this 0.2btc into karma development. So if the team feels there is anything that needs a bit of funding, just give me a reply and ill make sure you'll get it. (IF cryptorush will refund but im sure they do as they gone through a lot kf tough work).
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September 06, 2014, 04:15:37 PM
 #5459

POW model's relying on miners to sustain the network is it's biggest downside. New coins are not gonna succeed with current POW model. Once it's mined out or rewards are reduced, the miners gonna leave resulting in the death of the coin. Is there any other methods to sustain the network, even if there are no miners?


there two kind of distribution so far. ANy coin. it is either POW or POW/POS.

I have shared my opinion about this subject many time. here is a simple comparison.

POW : ability to gain some of the POW coin is via BUYING or MINING.  2 possible methods
POS : ability to gain some of the POS coin is via BUYING only. 1 possible method.


Just by comparing this you can easily see that POW attract double clients

Some time a POW coin is high in plrice for you to feel like buying. but instead of walking away like with POS coins , you mine it.

You can cry "ASICs" to show that miner distribution is loosing the fair distribution and you can be some what right but it is still better then POS "staking"

Unless you have bought a good chunk of a POS coin then your stake weight will be rediculus low and you will make some few coins per week. Look at reddcoin people. some have 2 millions coins and sit there for three days to mine 500 coins. while those that have 30 mills mine 50 coins a day and the ones that have over 100 mill mine tons more a day.

Also not to mention that POS coin turn every single person into a miner. every single wallets stakes aka "mines" new coins.

there tons of other troubles POS provides.

So far POW only has ASICs and %51 attacks. Things that i see being fixed in near future as bitcoin is getting closer of having these two become reality.




what we should do, as my opinion cut down the block rewards of the POw by x20.  instead of 20,000 coins to 1000 coins.dare i say even 100 coin per block? or 92 coins to match with our total billions.  we already have a low nethashrate as we stand. its not like we dont risk being attached anyways.
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September 06, 2014, 05:18:03 PM
 #5460


I would like to let you know that KARMA is nicely distributed at the moment look at this RICH LIST of top 100 addresses.

As the weak whales are dumping like the past days more distribution of coins are happening strengthening further our coin distribution.

https://chainz.cryptoid.info/karm/#!rich

Thank you very much to our community member who made this possible. Good Karma to all of you.

And that there are 6543 KARMA holders at the moment >>>>>(All 6543   39,742,624,065 KARM   100 %)

TIP ME ₭ARMA:  KJeEKJv1LXHM8cYeRgQG3q87BFA4W3sTGg  FOR KARMA TRANSLATION BUDGET SEND TO: KHvkhA7RTFnG8N5RWPB48gs2y8K1od6xF4
OFF. ₭ARMA FB PAGE: https://www.facebook.com/karmacoin.me. http://lill.com
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