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Author Topic: [ANN][KARM] Karma / ₭ / X11  (Read 583013 times)
karmala
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May 12, 2014, 10:52:13 PM
 #981

Is anyone here able and willing to, to create a mining pool where the % fees go directly to Karmashares?

Telgram messenger with attention economy http://r.getgems.org/m/TuJXXBal9o
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cryptowho
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May 12, 2014, 10:57:58 PM
 #982

Is anyone here able and willing to, to create a mining pool where the % fees go directly to Karmashares?

i proposed the same thing before but if you crunch the numbers the fee collected are tiny. very tiny.

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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May 12, 2014, 10:58:13 PM
 #983

Getting quite excited about lill.com by reading your little "hints" ! longing for the day it's released for us mortals to use!

It is still beta, and for sure after such a short production time it will remain in beta for a little while. However, you can see the features, the social media integration and the use for karma. Overall, the google interface looks like Win Xp compared to some apple design....

you guys remember google 15 yrs ago?

goog engine have a good body and support. later everything will smoothen out and outside facade will change based on new users demands.

What I wanted to say is that lill looks like apple and google like xp compared to lill. It is good man!

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karmala
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May 12, 2014, 11:05:17 PM
 #984

Is anyone here able and willing to, to create a mining pool where the % fees go directly to Karmashares?

i proposed the same thing before but if you crunch the numbers the fee collected are tiny. very tiny.


yeah it was your idea. I thought it was good and wanted to recruit some devs for that. But what if price will increase?

KarmaKaguy here

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ryannguyen18
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May 12, 2014, 11:31:03 PM
 #985

I am testing live LILL.COM beta, and I can say it is bright ! Cool features inside...

IT WILL BE BIG !

SUPER BIG, I WILL BUY KARMAS NOW...

Bitcoin - 1NCmJ3hXLywaRHTsnm17rGkaJbjtbiKxZW
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May 12, 2014, 11:39:14 PM
 #986

Is anyone here able and willing to, to create a mining pool where the % fees go directly to Karmashares?

You can do that with my pool.
pool.terahashers.com


Please give a more detailed suggestion of how would you like the Karmashares purchases with the fees to be done?

Do not pay too much attention to the design of the pool website.
It's still under heavy construction (started to create the pool/website 3 days ago)... eheh

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karmala
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May 13, 2014, 12:04:13 AM
 #987

Is anyone here able and willing to, to create a mining pool where the % fees go directly to Karmashares?

You can do that with my pool.
pool.terahashers.com


Please give a more detailed suggestion of how would you like the Karmashares purchases with the fees to be done?

Do not pay too much attention to the design of the pool website.
It's still under heavy construction (started to create the pool/website 3 days ago)... eheh

The idea would be to buy Karmashares for the 1.75 multiple on a regular basis with a wallet owned by the pool. The additional profit from Karmashares on a three month basis would AGAIN be invested to buy more shares. This would provide Karmashares more liquidity and would reduce available Karma at the same time. This would involve some trust in the poolowner though.... but could be supported by blockchain  data. I think  that most Karma followers would switch to that pool..... and would even pay a higher fee....

Telgram messenger with attention economy http://r.getgems.org/m/TuJXXBal9o
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May 13, 2014, 12:29:31 AM
 #988

Over 20M KARMs in the WorldCup Pool!!!!  Oh yea!!  I've got this thing figured out, 100k min bet on top 10 ranked teams after the big three, and then I win ALL OF THE KARMS myself Wink Wink

Thanks everyone who has already wagered, let's build this baby up as a showpiece of what this community is made of.  20% is going to a great cause and the rest to some lucky b$%*&#$ that picks the right country!


"We have the power to begin the world over again" - Thomas Paine
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May 13, 2014, 01:26:53 AM
 #989

Is anyone here able and willing to, to create a mining pool where the % fees go directly to Karmashares?

You can do that with my pool.
pool.terahashers.com


Please give a more detailed suggestion of how would you like the Karmashares purchases with the fees to be done?

Do not pay too much attention to the design of the pool website.
It's still under heavy construction (started to create the pool/website 3 days ago)... eheh

The idea would be to buy Karmashares for the 1.75 multiple on a regular basis with a wallet owned by the pool. The additional profit from Karmashares on a three month basis would AGAIN be invested to buy more shares. This would provide Karmashares more liquidity and would reduce available Karma at the same time. This would involve some trust in the poolowner though.... but could be supported by blockchain  data. I think  that most Karma followers would switch to that pool..... and would even pay a higher fee....

I think I can do that.

What do you think is an acceptable fee?
What percentage of the Karmashares bought with the fee could the pool owner keep to himself?

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CatKiwi
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May 13, 2014, 02:17:50 AM
 #990

Update on POS transition? What's happening?
kosmost
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May 13, 2014, 06:17:15 AM
 #991

Someone is seriously trying to scare the market and pick up some cheap coins today. A little amusing.

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May 13, 2014, 06:18:49 AM
 #992

Update on POS transition? What's happening?

When we have updates we will inform the community.


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May 13, 2014, 06:46:14 AM
Last edit: May 13, 2014, 07:34:26 AM by kosmost
 #993

Pump and dump groups* continuing to notice Karma:

May 9
https://twitter.com/VTCWhale/status/464786787375013888

May 9
https://twitter.com/VTCWhale/status/464786991901847552

May 9
https://twitter.com/VTCWhale/status/464787216397762561

May 9
https://twitter.com/VTCWhale/status/464787402880720896
"Eventually you will all realize that #karmashares is a big deal. Or maybe you wont, at least not until its too late."

May 9
https://twitter.com/VTCWhale/status/464798247681536000
"#karmacoin #is #flying #under #everyones #radars"

May 11
https://twitter.com/VTCWhale/status/465191953747812352
"Quantum periods for #karmacoin and #karmashares end very soon and when they are done they are gone for ever."


*sorry if this is you and that's not the correct term. "Tuppercoin Clubs"? "Altswing"? "Bada Bing Bada Boom Rooms"?

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May 13, 2014, 07:00:53 AM
 #994

Status: 8 confirmations, broadcast through 6 node(s)
Date: 2014/5/12 星期一 22:46
To: KARM : KBC5TRvFLZTAX2a9x64vBqM5EbgHJszZih K8CT2MVF8DLTb9Gh1Rnm9xVrLPEf6XUFiP
Debit: -10000000.00 KARM
Net amount: -10000000.00 KARM
Transaction ID: c1096218d650be01f90a08cc6ce883a11724feee87dacee1829a1d5814bef63e




Haha. . World Cup exciting.David Luis . Grin

Wow! What team???
Selecao: Brazil. The passion summer Smiley
ranlo
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May 13, 2014, 07:39:22 AM
 #995

Update on POS transition? What's happening?

It's being voted on right now and wouldn't happen for a while anyways. I do hope it ends up going through though. I just don't like it being based on the value of the coin (the decision I mean).

https://nanogames.io/i-bctalk-n/
Message for info on how to get kickbacks on sites like Nano (above) and CryptoPlay!
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May 13, 2014, 08:41:50 AM
 #996

I just don't like it being based on the value of the coin (the decision I mean).

that is the ONLY reason PoS is being pushed at all,  because greedy impatient people don't want to wait for real growth.

they just want the price to go back up so they can dump their coins and not feel so bad about their failed investment decisions.

the price has stabilized.. messing with the coins core code now would only be asking for more problems and volatility.

KARMA: KSc9oGgGga1TS4PqZNFxNS9LSDjdSgpC1B      VERT: VgKaooA5ZuLLUXTUANJigH9wCPuzBUBv9H
DOGE:   DRN7pXid34o6wQgUuK8BoSjWJ5g8jiEs4e
karmala
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May 13, 2014, 08:47:49 AM
 #997

Is anyone here able and willing to, to create a mining pool where the % fees go directly to Karmashares?

You can do that with my pool.
pool.terahashers.com


Please give a more detailed suggestion of how would you like the Karmashares purchases with the fees to be done?

Do not pay too much attention to the design of the pool website.
It's still under heavy construction (started to create the pool/website 3 days ago)... eheh

The idea would be to buy Karmashares for the 1.75 multiple on a regular basis with a wallet owned by the pool. The additional profit from Karmashares on a three month basis would AGAIN be invested to buy more shares. This would provide Karmashares more liquidity and would reduce available Karma at the same time. This would involve some trust in the poolowner though.... but could be supported by blockchain  data. I think  that most Karma followers would switch to that pool..... and would even pay a higher fee....

I think I can do that.

What do you think is an acceptable fee?
What percentage of the Karmashares bought with the fee could the pool owner keep to himself?

Fees can be higher if this a non-profit thing for the owner. If the owner keeps a % for himself, he must be transparant with this. However, I am sure that generosity will result in good Karma rewards Wink

Telgram messenger with attention economy http://r.getgems.org/m/TuJXXBal9o
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May 13, 2014, 08:58:50 AM
 #998

Is anyone here able and willing to, to create a mining pool where the % fees go directly to Karmashares?

You can do that with my pool.
pool.terahashers.com


Please give a more detailed suggestion of how would you like the Karmashares purchases with the fees to be done?

Do not pay too much attention to the design of the pool website.
It's still under heavy construction (started to create the pool/website 3 days ago)... eheh

The idea would be to buy Karmashares for the 1.75 multiple on a regular basis with a wallet owned by the pool. The additional profit from Karmashares on a three month basis would AGAIN be invested to buy more shares. This would provide Karmashares more liquidity and would reduce available Karma at the same time. This would involve some trust in the poolowner though.... but could be supported by blockchain  data. I think  that most Karma followers would switch to that pool..... and would even pay a higher fee....

I think I can do that.

What do you think is an acceptable fee?
What percentage of the Karmashares bought with the fee could the pool owner keep to himself?

Fees can be higher if this a non-profit thing for the owner. If the owner keeps a % for himself, he must be transparant with this. However, I am sure that generosity will result in good Karma rewards Wink

To clarify this to make sure I understand correctly, what you're asking is to change from:

(Now): fees are in Karmacoin and can be sold for BTC

to

(New): fees are converted to Karmashares, which then give dividends to the pool owner

Right? Such that the owner still gets BTC, just as part of the Karmashare dividends instead of having to liquidate the Karmacoins.

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karmala
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May 13, 2014, 09:18:49 AM
 #999

Is anyone here able and willing to, to create a mining pool where the % fees go directly to Karmashares?

You can do that with my pool.
pool.terahashers.com


Please give a more detailed suggestion of how would you like the Karmashares purchases with the fees to be done?

Do not pay too much attention to the design of the pool website.
It's still under heavy construction (started to create the pool/website 3 days ago)... eheh

The idea would be to buy Karmashares for the 1.75 multiple on a regular basis with a wallet owned by the pool. The additional profit from Karmashares on a three month basis would AGAIN be invested to buy more shares. This would provide Karmashares more liquidity and would reduce available Karma at the same time. This would involve some trust in the poolowner though.... but could be supported by blockchain  data. I think  that most Karma followers would switch to that pool..... and would even pay a higher fee....

I think I can do that.

What do you think is an acceptable fee?
What percentage of the Karmashares bought with the fee could the pool owner keep to himself?

Fees can be higher if this a non-profit thing for the owner. If the owner keeps a % for himself, he must be transparant with this. However, I am sure that generosity will result in good Karma rewards Wink

To clarify this to make sure I understand correctly, what you're asking is to change from:

(Now): fees are in Karmacoin and can be sold for BTC

to

(New): fees are converted to Karmashares, which then give dividends to the pool owner

Right? Such that the owner still gets BTC, just as part of the Karmashare dividends instead of having to liquidate the Karmacoins.


I mean you could think of different degrees of benefits for the Karma comunity. E.g. Kosmost is giving everything. The first three projects will not even be paid by Karmashares but out of his own pocket. Not everybody has to do this though. You could do essentially two things:

1. allways buy Karmashares also with the btc payouts from quarterly profits. Just like a public thing. Nobody would "own" those shares....

2. buy Karmashares with the fees and keep the btc payouts from quarterly profits yourself. Also good, better than selling them on the exchange...

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learminer
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May 13, 2014, 09:28:55 AM
 #1000

I just don't like it being based on the value of the coin (the decision I mean).
that is the ONLY reason PoS is being pushed at all,  because greedy impatient people don't want to wait for real growth.

they just want the price to go back up so they can dump their coins and not feel so bad about their failed investment decisions.

the price has stabilized.. messing with the coins core code now would only be asking for more problems and volatility.

It's not the only reason, but certainly the most popular one. The IMO most important and legitimate reason (network security) could also be achieved in different ways (algo-switch, merged-mining). I've said it before and will do so again. PoS is a fundamentally different paradigm to PoW. It is currently en vogue among the get rich quick kids, but ´that's just the current trend, like country coins before it. PoS is less of a currency, but more of a collectible. Less real people, more speculators. Not very Karma IMO. But I get the feeling we'll either switch to PoS or stay as we are.

OT: Alphi, as you have argued several times against any sort of price manipulation, I'd be interested to hear your thoughts on Nautiluscoin. Seems a big part of their plan is a fund to stabilize the market value and the coin is founded by a financial expert with lots of experience in the field. Do you also think their plan is illegal?

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