Alphi
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April 28, 2014, 01:04:41 PM |
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We are thinking about that for weeks now. We may go PoS soon... more details to come. Thank you for this concern.
Yes I know you are onto it, I have voiced my opinion in this argument a few times in the old thread. I was just bringing this up for discussion again, since most talk has been about Karmashares lately (rightfully so). I just think changing to PoS is a bit cheesy these days, every 2nd coin is going that way. Who would have thought that half a year ago? Maybe its just a short lived trend, maybe its PoS finally establishing itself as a true competitor to PoW? I don't know. TBH I just like the idea of miners securing the blockchain more than PoS. Miners have an IMO important role to play in crypto and completely taking them out of the picture puts a coin's fate purely into the hands of investor/speculators. That's why I brought up the algorithm change as a possible alternative... yep PoS = POS there is essentially very little difference between a 50+% premined coin, a centralized coin and a PoS coin. without giving new people real financial incentive to adopt the coin they simply wont bother, this is why nothing that came before Bitcoin ever had much traction. Just imagine if the largest stakeholder in a PoS coin got corrupted in some way (hacked, lost his keys, robbed, died, seized by government etc).. if that happens then its game over for the PoS coin because the coin supply is effectively monopolised from that point onward. I absolutely believe that the key to a successful crypto currency is to decentralize it as much as possible and that goes for the coin supply as much as it does for the transaction processors (nodes) themselves.
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KARMA: KSc9oGgGga1TS4PqZNFxNS9LSDjdSgpC1B VERT: VgKaooA5ZuLLUXTUANJigH9wCPuzBUBv9H DOGE: DRN7pXid34o6wQgUuK8BoSjWJ5g8jiEs4e
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CatKiwi
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April 28, 2014, 01:08:19 PM |
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There is still a problem with low ball sell orders and mini-dumpers trying to hold the KARM price down. Watching for the past 72 hours quite intensely - have a look now for example, good movement upwards - instantly stifled by an asshole dumping 6 Litoshi under the price people are willing to pay.
I take this as a sign that Karma is a real threat to certain other coins and their scumbag manipulators are trying to keep Karm off the radar of the average trader by keeping the price artificially low.
Ultimately its good as it puts those coins in the hands of genuine supporters but I do want people who are just having a cursory look at KARM and its markets to realize that the current price isn't an accurate representation of the coin's future prospects or support from the community.
I believe the aim of this person is to make Karm appear less enticing on the Mintpal sidebar - When the buys start hitting 50 Litoshi it shows a large green increase percentage - When they dump coins at 44 Litoshi it stays at 0.00% change. To the average joe it just appears like nothing is going on! We need a group of supporters to continuously keep the indicator showing the true price people are currently prepared to buy at and not what the dumper is prepared to take a loss at. I would do it myself but I'm already 100% in on Karm (maybe should have held a bit of LTC back in retrospect but didnt want to miss out!) - even 1 karm buys into the lowest sell order would do it.
Eventually this person will be out of coins to low ball with and as long as we keep munching through his coins we will continue to gather momentum - But we do need as many average joe traders buying in now as possible before the quantum period ends and the big investors start trampling on the little guys.
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learminer
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April 28, 2014, 01:23:39 PM |
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I was responsible for the last peak to 50, it was just too tempting and I still had a little LTC left. Lasted short enough. Every raise is countered by a dump.
The dump volume has been getting lower lately and there is a slow upwards trend forming over the past 2 days (30ish to 40ish floor). Of course now that i said it, someone is probably going to dump Karma down to 30 again, like the last time I made a positive market statement... hope not.
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huige007
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April 28, 2014, 02:29:59 PM |
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POS mode may not needthis point still carefully considered. . .
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ptman
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April 28, 2014, 02:56:27 PM |
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I think we are really going to pass the 10 billion (maybe 15 billion!) coins invested in Karmashares. And that is outstanding!
It just shows that at least some people know how to identify good (in this case excelent!) opportunities.
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tomoto
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April 28, 2014, 04:26:36 PM |
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Nice things done recently.
I hope to see pos as soon as possible in order to stop big selling wall.
I hope we will find new investor little middle and big.
I already bought as much as i can and stock it out of the market till a nice satoshi price, when i will sell it it will be small by small..
There are low selling wall on mintpal but bigger on cryptsy.
The karma share done a really good job already to remove coins from market.
But now we need to stop the max number of coins at 50 or 60 B no more .
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easteagle13
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April 28, 2014, 05:23:12 PM |
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Maybe it is time for you to sit down?
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kosmost
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April 28, 2014, 05:43:37 PM |
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Maybe it is time for you to sit down? Sitting is certainly more comfortable. Can I sit on you?
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Workchain – Powering the Decentralized Economy
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easteagle13
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April 28, 2014, 06:09:39 PM |
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Maybe it is time for you to sit down? Sitting is certainly more comfortable. Can I sit on you? NO!!! I am reserved for beautiful girls ONLY thank you I think our sub reddit and FB page is growing by the way
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kosmost
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April 28, 2014, 06:18:16 PM |
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NO!!! I am reserved for beautiful girls ONLY thank you I think our sub reddit and FB page is growing by the way Good.. let's test to see which methods are most effective.
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Workchain – Powering the Decentralized Economy
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luqas0891
Newbie
Offline
Activity: 48
Merit: 0
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April 28, 2014, 06:47:52 PM |
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maybe if we want grow we use FB and give some gift or some money KARM for people who like profile KARM FB 1000 like = 10 x 10 000 KARM if we has got more like more people talk about us and more interesting Maybe KARMASHARE can give some reward
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kosmost
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April 28, 2014, 07:26:44 PM |
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maybe if we want grow we use FB and give some gift or some money KARM for people who like profile KARM FB 1000 like = 10 x 10 000 KARM if we has got more like more people talk about us and more interesting Maybe KARMASHARE can give some reward
Using the coins for such a purpose would not be a good idea, I think. Better to do that from our own wallets.
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Workchain – Powering the Decentralized Economy
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Delaforetnoire
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April 28, 2014, 07:30:19 PM |
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I just send 100 000 Karma to easteagle13 for his facebook giveaway ! Lets do the same !
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easteagle13
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April 28, 2014, 07:30:51 PM |
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maybe if we want grow we use FB and give some gift or some money KARM for people who like profile KARM FB 1000 like = 10 x 10 000 KARM if we has got more like more people talk about us and more interesting Maybe KARMASHARE can give some reward
We are doing that in a way...out of presently 201 LIKERS of our official KARMA page 125 is "TALKING about us".
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easteagle13
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April 28, 2014, 07:34:14 PM Last edit: April 28, 2014, 07:47:42 PM by easteagle13 |
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I just send 100 000 Karma to easteagle13 for his facebook giveaway ! Lets do the same ! AWW, thank you very much, anyway to help in our FB drive instead of sending it to "MY USERNAME" kindly give to our official FB Karma address for tipping. Here it is for your convenience. --->>>>> KRzVcFi6TNDvQ1WPQbRd9QWk1cA2xCsEW2 Don't feel bad if you don't give this is purely voluntary. Nothing is too small. Thanks again Delaforetnoire. Or better yet TIP it yourself.
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ptman
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April 28, 2014, 07:48:34 PM |
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I just send 100 000 Karma to easteagle13 for his facebook giveaway ! Lets do the same ! What is his karma address so I can send 150 000 Karma? He should put his address in his forum signature. That is also a way to market Karma with all the forum members!
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easteagle13
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April 28, 2014, 08:01:42 PM |
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I just send 100 000 Karma to easteagle13 for his facebook giveaway ! Lets do the same ! What is his karma address so I can send 150 000 Karma? He should put his address in his forum signature. That is also a way to market Karma with all the forum members! I actually do not know how to create signature for forum posts ptman. Here is our Official FB tipping wallet address. Not mine. Thanks in advance. KRzVcFi6TNDvQ1WPQbRd9QWk1cA2xCsEW2
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