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Author Topic: [ANN][KARM] Karma / ₭ / X11  (Read 563764 times)
ptman
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June 09, 2017, 02:17:08 PM
 #8041

Hey, is this the Karma coin traded at yobit? https://yobit.net/en/trade/KARMA/BTC ?

Yes.

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luckyguy2807
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June 09, 2017, 02:17:53 PM
 #8042

And why you dont buy it? OR at least update the first post so that we could see more information , like total supply or other informations
Edit: the coins from cryptsy are in possesion of the devs or somebody else?
dvyanc
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June 09, 2017, 02:48:10 PM
 #8043

Of course, we'd like to hear from everyone. (Don't be shy!)

How do you think Karma and KarmaToken can move forward?
Let us know!

(fun fact.. 2018 is the Year of the Karma)

Good Karma can Definately move forward
"Give Thanks. Give Karma."
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June 09, 2017, 03:04:49 PM
 #8044

And why you dont buy it? OR at least update the first post so that we could see more information , like total supply or other informations
Edit: the coins from cryptsy are in possesion of the devs or somebody else?

I contacted the guy in charge of the recovered Cryptsy wallets. He mentioned that he destroyed the wallet copy once it was claimed. He didn't say by who, but said he tried his best to contact each coin. He just did it on the old thread.

Some guy who tried to claim the Dogecoin wallet because he had 100 Doge (!) tried to claim the Karma wallet. I don't know if he was successful, but maybe.

Cryptsy went offline 145 days ago, and I don't see any big wallets that have been touched in under 300 days. The more active wallets seem to start under 300m coins. (They may have had 1 large reserve wallet and several smaller wallets. Not sure how that worked.)

Goodomy ["GOOD"] token here ∞ Rewards for customers of 700,000 retail stores in the US and millions more around the world
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June 09, 2017, 03:28:45 PM
 #8045

And why you dont buy it? OR at least update the first post so that we could see more information , like total supply or other informations
Edit: the coins from cryptsy are in possesion of the devs or somebody else?

I contacted the guy in charge of the recovered Cryptsy wallets. He mentioned that he destroyed the wallet copy once it was claimed. He didn't say by who, but said he tried his best to contact each coin. He just did it on the old thread.

Some guy who tried to claim the Dogecoin wallet because he had 100 Doge (!) tried to claim the Karma wallet. I don't know if he was successful, but maybe.

Cryptsy went offline 145 days ago, and I don't see any big wallets that have been touched in under 300 days. The more active wallets seem to start under 300m coins. (They may have had 1 large reserve wallet and several smaller wallets. Not sure how that worked.)

Wallet might be broken down to thousands of wallets. so i am not sure if you can tell just by staring at explorer. But you make a point. at least the coins havent move.

That person should come forward here..
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June 09, 2017, 03:31:43 PM
 #8046


also traded here https://alcurex.com/#KARM-BTC
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June 09, 2017, 04:29:33 PM
 #8047

Hey guys,
I've PMd kosmost to find out more about your coin. It seems that you still have a great community. But what I have a few question maybe someone could help me understand.
1. The coins from cryptsy are destroyed or somebody still have them.
2. The richtest wallet from here - https://chainz.cryptoid.info/karm/#!rich who has it?
3. And if this coin is traded at 1 sat and has a great community why don't they buy it?  I'm new and I already have my first karma Smiley
4. Why do you 2 threads that are not updated? Not batter make a new thread:) with a new fully redesign and close the other 2

Cheers
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June 09, 2017, 05:39:40 PM
 #8048

Is there an active developer for this coin? Any upcoming news? Is there a working windows wallet? I see potential in this coin, but worry about these issues. Also, is there any plans for any other exchanger besides Yobit? Can't you guys get it on coinexchange.io or another website?
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June 09, 2017, 06:11:58 PM
 #8049

Also, if I buy 5 million coins on Yobit, will I really have 5 million coins? Or is there gonna be a swap and decrease in my coin amount? Please answer asap guys. I wanna invest into this coin Smiley Is there a working wallet for windows also? Thanks
ptman
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June 09, 2017, 06:22:26 PM
 #8050

Also, if I buy 5 million coins on Yobit, will I really have 5 million coins? Or is there gonna be a swap and decrease in my coin amount? Please answer asap guys. I wanna invest into this coin Smiley Is there a working wallet for windows also? Thanks

From what I see people are still deciding how the transition from the current Karma will be performed in a way that makes most people happy and allows for Karma to have a prosper future!

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luckyguy2807
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June 09, 2017, 06:25:03 PM
 #8051

Also, if I buy 5 million coins on Yobit, will I really have 5 million coins? Or is there gonna be a swap and decrease in my coin amount? Please answer asap guys. I wanna invest into this coin Smiley Is there a working wallet for windows also? Thanks

From what I see people are still deciding how the transition from the current Karma will be performed in a way that makes most people happy and allows for Karma to have a prosper future!

And what happens to the current coins? will be worthless?
ptman
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June 09, 2017, 06:28:57 PM
 #8052

Also, if I buy 5 million coins on Yobit, will I really have 5 million coins? Or is there gonna be a swap and decrease in my coin amount? Please answer asap guys. I wanna invest into this coin Smiley Is there a working wallet for windows also? Thanks

From what I see people are still deciding how the transition from the current Karma will be performed in a way that makes most people happy and allows for Karma to have a prosper future!

And what happens to the current coins? will be worthless?

If anything, you should be able to convert them to the new ones.
So that should not be a problem.

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June 09, 2017, 07:40:17 PM
 #8053

But I am confused. If I buy 5 million coins on Yobit, will I actually have 5 million coins? Or will it turn into 500k coins eventually?
bitwho
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June 09, 2017, 08:05:38 PM
 #8054

But I am confused. If I buy 5 million coins on Yobit, will I actually have 5 million coins? Or will it turn into 500k coins eventually?

well first of all , do your own research, and realize your buying the coins yourself. no one is forcing you to do anything.

Kosmost is the guy who wants to revamp this. There is no certain plan as of know. only what seems like brain storming. in other words opinions that are not finalized.

NO one can answer that because it is not known yet.
luckytimes
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June 09, 2017, 11:25:58 PM
 #8055

But I am confused. If I buy 5 million coins on Yobit, will I actually have 5 million coins? Or will it turn into 500k coins eventually?

well first of all , do your own research, and realize your buying the coins yourself. no one is forcing you to do anything.

Kosmost is the guy who wants to revamp this. There is no certain plan as of know. only what seems like brain storming. in other words opinions that are not finalized.

NO one can answer that because it is not known yet.

Thanks. I just invested into Karma on Yobit. I couldn't deny the potential of this coin. Does the windows wallet work for this?
ptman
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June 09, 2017, 11:33:03 PM
 #8056

But I am confused. If I buy 5 million coins on Yobit, will I actually have 5 million coins? Or will it turn into 500k coins eventually?

well first of all , do your own research, and realize your buying the coins yourself. no one is forcing you to do anything.

Kosmost is the guy who wants to revamp this. There is no certain plan as of know. only what seems like brain storming. in other words opinions that are not finalized.

NO one can answer that because it is not known yet.

Thanks. I just invested into Karma on Yobit. I couldn't deny the potential of this coin. Does the windows wallet work for this?

Yes.

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June 10, 2017, 01:21:25 AM
 #8057

Hey guys,
I've PMd kosmost to find out more about your coin. It seems that you still have a great community. But what I have a few question maybe someone could help me understand.
1. The coins from cryptsy are destroyed or somebody still have them.
2. The richtest wallet from here - https://chainz.cryptoid.info/karm/#!rich who has it?
3. And if this coin is traded at 1 sat and has a great community why don't they buy it?  I'm new and I already have my first karma Smiley
4. Why do you 2 threads that are not updated? Not batter make a new thread:) with a new fully redesign and close the other 2

Cheers

Thanks Smiley Replied, but some additional comments.

1. If the coins are lost, then it has both good and bad. It is unfortunate that someone lost their coins, but good in that there is now less supply (for our particular case). During the time when Cryptsy had problems there were rumors about its insolvency. People were told not to keep their coins on exchanges. We don't know how many coins were lost, but it's possible that it wasn't a tremendous amount. Mintpal was a bigger exchange for Karma, I think.

2. That is the KarmaToken wallet, a project from EastEagle. The coins were exchanged for KarmaTokens for that project. It is a separate project, but we may find a way to work together in future.

3. People have been buying it Smiley Yesterday's volume was 24 BTC on Yobit. Network hash rate has increased 2-3x in the past week. Good things are happening again.

Any good investment requires patience. Coins are speculation, however, so even more patience is needed Smiley I would focus more on market cap than price, though. The price of a coin doesn't tell you much. Some new coins start out quite high, such as http://coinmarketcap.com/currencies/electra/ which is only a month old and trading at 0.00563001 BTC. You could buy up all the coins for less than 0.5 bitcoin

4. The first thread was started by the original developer, who abandoned the coin in 2014. The coin was picked up by some members of the community (including myself) and we made a new thread.

The coin, however, has been at a low point for the past 1+ year. We are only now thinking about how to put some gas in the coin. The process will not be as fast as I would like but it's not a bad thing. This is not a short-term pump and dump, so there is time to make a 'wise speculative decision'.
-
I hope this helps to satisfy some of your queries. If there's anything more than we can do please let us know Smiley

Goodomy ["GOOD"] token here ∞ Rewards for customers of 700,000 retail stores in the US and millions more around the world
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June 10, 2017, 01:39:44 AM
 #8058

Is there an active developer for this coin? Any upcoming news? Is there a working windows wallet? I see potential in this coin, but worry about these issues. Also, is there any plans for any other exchanger besides Yobit? Can't you guys get it on coinexchange.io or another website?

These things will take time. We only began talking about reviving the coin a few days ago. Therefore, we are not trying to get it on another exchange at this time. (It would be pre-mature.)

Goodomy ["GOOD"] token here ∞ Rewards for customers of 700,000 retail stores in the US and millions more around the world
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June 10, 2017, 01:47:11 AM
 #8059

Also, if I buy 5 million coins on Yobit, will I really have 5 million coins? Or is there gonna be a swap and decrease in my coin amount? Please answer asap guys. I wanna invest into this coin Smiley Is there a working wallet for windows also? Thanks

The number of coins you have is not really a consideration by itself. You would need to look at the value. For example, would you rather have 10,000 bitcoins or 10,000 yummycoins?

Any decrease would be the same across the board. Everyone would still have the same percentage. But we don't know if this is needed yet for Karma.

But to answer your question if you buy 5 million coins it won't be worth less in future by itself. It would still have the same relative value. If it turns into 5,000 coins then it would be the same for 100% of coin holders, so it would be like nothing happened. (Actually, this would probably drive up the price of Karma)

The Windows wallet for now can be found on a community-member site someone set up, at http://www.givekarma.net/downloads/Karma-QT-Windows-0.8.6.5-setup.zip

I don't know who runs it, however. I'm working on putting the wallets up at karmacoin.net, but I first want to see if the Karma community wants my help or not. I am passionate about Karma and know that it has tremendous potential (with the right leadership).

Smiley

Goodomy ["GOOD"] token here ∞ Rewards for customers of 700,000 retail stores in the US and millions more around the world
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June 10, 2017, 02:46:26 AM
 #8060

Also, if I buy 5 million coins on Yobit, will I really have 5 million coins? Or is there gonna be a swap and decrease in my coin amount? Please answer asap guys. I wanna invest into this coin Smiley Is there a working wallet for windows also? Thanks

The number of coins you have is not really a consideration by itself. You would need to look at the value. For example, would you rather have 10,000 bitcoins or 10,000 yummycoins?

Any decrease would be the same across the board. Everyone would still have the same percentage. But we don't know if this is needed yet for Karma.

But to answer your question if you buy 5 million coins it won't be worth less in future by itself. It would still have the same relative value. If it turns into 5,000 coins then it would be the same for 100% of coin holders, so it would be like nothing happened. (Actually, this would probably drive up the price of Karma)

The Windows wallet for now can be found on a community-member site someone set up, at http://www.givekarma.net/downloads/Karma-QT-Windows-0.8.6.5-setup.zip

I don't know who runs it, however. I'm working on putting the wallets up at karmacoin.net, but I first want to see if the Karma community wants my help or not. I am passionate about Karma and know that it has tremendous potential (with the right leadership).

Smiley

Thanks. That explantation makes total sense Smiley I really like your passion for making this coin great. I think you have great ideas and will turn this coin into something special. The future is looking very bright!
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