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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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kahir
Legendary
 Offline
Activity: 1050
Merit: 1000
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April 22, 2014, 10:19:38 PM |
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im going to sleep ... u know what happen when i sleep ... it skyrocket
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Poogasm
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April 22, 2014, 10:21:06 PM |
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I just switched back to Karma again and discovered I am the only miner in my pool...
Wonder how long it will take me to finish this round. lol
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CatKiwi
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April 22, 2014, 10:36:57 PM |
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I'd remind everyone that it is not necessarily a bad thing to see people dumping their little stashes. If they purchased at say 14 and sold now that means that someone is buying 65 or whatever he sells for. That person is not going to sell below what they paid. The more people we have buying in at these levels through either taking chunks out of sell walls or being dumped on the better. For the coin to really jump up in price the old bagholders need to redistribute their coins.
We saw it with Blackcoin recently, many people bought like 200,000+ coins when it was worth 1000 sat - It took a while and a few ups and downs before 99% of them were out and new investors were in. Remember that unlike these other alts Karma has a legitimate, legally and personally verified developer with a registered company on United States soil. It's going to go big - we all know that - if scamcoins can boom then a proper, above board investment like Karma can REALLY explode. We just need to be patient. The more bagholders that bought cheap cash out the better the better the distribution of coins will be. All good things!
Thanks to all the devs for working hard at making this coin a professional investment!
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Poogasm
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April 22, 2014, 10:41:25 PM |
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Is this a new game? Posting random URLs? |
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BitTanker
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April 22, 2014, 10:51:09 PM |
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Is this a new game? Posting random URLs? pool... I thought I could help... |
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kosmost
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April 22, 2014, 10:58:26 PM |
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I just switched back to Karma again and discovered I am the only miner in my pool...
Wonder how long it will take me to finish this round. lol
Net hash is stronger now. Yesterday was about 480 MH/s. Right now it's 647.76 MH/s http://www.coinwarz.com/cryptocurrency/coins/karmacoin |
Workchain – Powering the Decentralized Economy
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Poogasm
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April 22, 2014, 11:01:12 PM |
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Is this a new game? Posting random URLs? pool... I thought I could help... I know, I was being an ass. I didn't ask for a pool, or suggest I needed one, so I poked at you.  hashstrike is already my primary now that pool.karmacoin.info is gone, I just used the wrong bat and landed at karm.hasher.ca, vast emptiness there... lol |
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Viecoin
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April 22, 2014, 11:14:31 PM |
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I'd remind everyone that it is not necessarily a bad thing to see people dumping their little stashes. If they purchased at say 14 and sold now that means that someone is buying 65 or whatever he sells for. That person is not going to sell below what they paid. The more people we have buying in at these levels through either taking chunks out of sell walls or being dumped on the better. For the coin to really jump up in price the old bagholders need to redistribute their coins.
We saw it with Blackcoin recently, many people bought like 200,000+ coins when it was worth 1000 sat - It took a while and a few ups and downs before 99% of them were out and new investors were in. Remember that unlike these other alts Karma has a legitimate, legally and personally verified developer with a registered company on United States soil. It's going to go big - we all know that - if scamcoins can boom then a proper, above board investment like Karma can REALLY explode. We just need to be patient. The more bagholders that bought cheap cash out the better the better the distribution of coins will be. All good things!
Thanks to all the devs for working hard at making this coin a professional investment!
lol so true! I sold 341,000 bc at around 600 sat for 2.2 btc. I got punished and missed out on well over 200 btc when I decided to invest into some crap alt with a ninja launch and premine. Never again. I will be patient for now on. |
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cryptowho
Full Member
Offline
Activity: 182
Merit: 100
Ask me about Karmacoin
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April 22, 2014, 11:38:40 PM |
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no one can predict things.
i loved the idea of fast transaction and i have a little invested in few coins that have good purpose. Not innovation in the algo. but a goal to adapt.
especially like our coin. great strong name , that delivers. at the same time people it has united people into a common goal. win win
we just hit a small bump. We had had harsher weather, this storm will pass as well. everything will be alright soon.
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looking for C++ coders , web-dev and coin-devs to join karmacoin team. We are trying to expand. we have so many goals. Challenge accepted? PM me.
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ShawnLeary
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April 22, 2014, 11:40:19 PM |
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I just switched back to Karma again and discovered I am the only miner in my pool...
Wonder how long it will take me to finish this round. lol
Net hash is stronger now. Yesterday was about 480 MH/s. Right now it's 647.76 MH/s http://www.coinwarz.com/cryptocurrency/coins/karmacoinDoes anyone have a solid calculation for Karma in terms of, when it becomes more attractive for the mining-pools to target? Is it when the profitability reaches that of LiteCoin's or some of the others Scrypt's? |
"We have the power to begin the world over again" - Thomas Paine
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learminer
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April 22, 2014, 11:51:09 PM |
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lol so true! I sold 341,000 bc at around 600 sat for 2.2 btc. I got punished and missed out on well over 200 btc when I decided to invest into some crap alt with a ninja launch and premine. Never again. I will be patient for now on.
Wow I can only imagine how that feels. I only had 10k BC that I bought at ~3k sat. Still one of my most successfull investments, I sold at 88k sat. BC is like a crazy coin, it keeps getting shot at but always gets back up. Close to overtake Litecoin in trading volume too. Mighty impressive considering its only a few weeks old... I have learned again and again that patience is a virtue in cryptoland, but I have suffered quite a few lost profits myself due to not being patient enough. Twice I sold literally minutes before a 5-10x increase. Such sad... Its easier to keep a coin you have faith in though (for me that's KARM, UNO and smaller amounts of a few others). And it helps having most coins stashed away to prevent panic sells! ;-) |
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Poogasm
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April 22, 2014, 11:53:56 PM |
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I may be the only idiot that actually LOST money on BC...
Protip: don't log into an exchange when you are drunk.
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ShawnLeary
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April 22, 2014, 11:57:07 PM |
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lol so true! I sold 341,000 bc at around 600 sat for 2.2 btc. I got punished and missed out on well over 200 btc when I decided to invest into some crap alt with a ninja launch and premine. Never again. I will be patient for now on.
Wow I can only imagine how that feels. I only had 10k BC that I bought at ~3k sat. Still one of my most successfull investments, I sold at 88k sat. BC is like a crazy coin, it keeps getting shot at but always gets back up. Close to overtake Litecoin in trading volume too. Mighty impressive considering its only a few weeks old... I have learned again and again that patience is a virtue in cryptoland, but I have suffered quite a few lost profits myself due to not being patient enough. Twice I sold literally minutes before a 5-10x increase. Such sad... Its easier to keep a coin you have faith in though (for me that's KARM, UNO and smaller amounts of a few others). And it helps having most coins stashed away to prevent panic sells! ;-) Sorry but I think BC is a classic pump and dump. Go NXT  |
"We have the power to begin the world over again" - Thomas Paine
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ShawnLeary
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April 22, 2014, 11:58:28 PM |
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I may be the only idiot that actually LOST money on BC...
Protip: don't log into an exchange when you are drunk.
Or get drunk and setup a new wallet with a new very long passphrase and transfer three bitcoins to it and then wake up the next day and can't remember the password for three hours. longest three hours ever  |
"We have the power to begin the world over again" - Thomas Paine
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pugwilfy
Member
Offline
Activity: 117
Merit: 10
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April 22, 2014, 11:58:43 PM |
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Does anyone have a solid calculation for Karma in terms of, when it becomes more attractive for the mining-pools to target? Is it when the profitability reaches that of LiteCoin's or some of the others Scrypt's?
i did a rough work out last night and it already is more profitable than mining litecoin, even though coinwarz doesnt compare us as we are exchanging to LTC and not BTC.. if you use http://www.coinwarz.com/calculators/karmacoin-mining-calculator to find out karmacoins per day and then use current exchange rate to see how many LTC per day u can earn.. then compare that to http://www.coinwarz.com/calculators/litecoin-mining-calculator you'll see that it's better to mine karma.. add on to that the fact everyone thinks this is gonna rise a lot soon then it's certainly making sense to me to mine karma.. i just wish i could get my head round this karmashares thing as i dont really get it at the moment |
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