[ANN][KARM] Karma / ₭ / X11

[ShawnLeary]

Karma Block and Coin release timeline.

Just wanted to create a simple chart of where we are currently, where we have been and where we will be in just a few short months.

In terms of total coins, we have already released over 50B and the current release rate of 110,000 KARMs per minute will enjoy a 75% reduction on approximately June 23rd.  This will be the largest drop in our coins history comparing one reward to the next.  This will obviously create a scarcity issue for the miners and for us hunters of cheap KARMs.

Once we reach October, we will drop to our final reward level of only 10,000 KARMs per minute.  At this point we will have released 70% of the total coins!

This rate of release will stay constant for the remaining 28B coins which will trickle out for the following five years and four and half months.  The final block will be found around Feb 13th, 2020.

Miners get those easy KARMs while they last!

[1713907166]

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[1713907166]

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[1713907166]

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[ShawnLeary]

Please take the time to post in this KarmaWorldCup.org launch thread from time to time, every time it hits the front page of [ANN] it gets about 40-50 views

https://bitcointalk.org/index.php?topic=606666.msg6697828#msg6697828

[kosmost]

Lill beta 6-hour preview, starting now.

I will open Lill for a 6-hour preview to test the site with a few more users.

READ THE NOTES FIRST! click here

[bcd]

Karma Block and Coin release timeline.

Just wanted to create a simple chart of where we are currently, where we have been and where we will be in just a few short months.

In terms of total coins, we have already released over 50B and the current release rate of 110,000 KARMs per minute will enjoy a 75% reduction on approximately June 23rd.  This will be the largest drop in our coins history comparing one reward to the next.  This will obviously create a scarcity issue for the miners and for us hunters of cheap KARMs.

Once we reach October, we will drop to our final reward level of only 10,000 KARMs per minute.  At this point we will have released 70% of the total coins!

This rate of release will stay constant for the remaining 28B coins which will trickle out for the following five years and four and half months.  The final block will be found around Feb 13th, 2020.

Miners get those easy KARMs while they last!

Excellent. Thank you.

[anva]

Lill beta 6-hour preview, starting now.

I will open Lill for a 6-hour preview to test the site with a few more users.

READ THE NOTES FIRST! click here

Awesome search engine. Can we have search tools options similar to google ?

[ranlo]

Lill beta 6-hour preview, starting now.

I will open Lill for a 6-hour preview to test the site with a few more users.

READ THE NOTES FIRST! click here

Awesome search engine. Can we have search tools options similar to google ?

What tools are you asking about? So far it looks really similar (even things like being able to search for images and such). I'm not understanding what you were thinking is missing?

[anva]

Lill beta 6-hour preview, starting now.

I will open Lill for a 6-hour preview to test the site with a few more users.

READ THE NOTES FIRST! click here

Awesome search engine. Can we have search tools options similar to google ?

What tools are you asking about? So far it looks really similar (even things like being able to search for images and such). I'm not understanding what you were thinking is missing?

I am suggesting filters like last 24hrs, last hour, last week, sort by date, sort by relevance

[kosmost]

Lill beta 6-hour preview, starting now.

I will open Lill for a 6-hour preview to test the site with a few more users.

READ THE NOTES FIRST! click here

Awesome search engine. Can we have search tools options similar to google ?

What tools are you asking about? So far it looks really similar (even things like being able to search for images and such). I'm not understanding what you were thinking is missing?

I am suggesting filters like last 24hrs, last hour, last week, sort by date, sort by relevance

For new features we will first focus on integrating Karma and allowing advertisers to advertise.

The other bells and whistles not already developed can come later if there is user demand.

[mashac]

I am suggesting filters like last 24hrs, last hour, last week, sort by date, sort by relevance

Please add this feature... It's a must for any search engine.

[Alphi]

Karma Block and Coin release timeline.

Thanks for the post... this only highlights the point that Coin production is not the problem regarding the price of Karma.

the Market Cap for Karma is currently about $200,000 and it has been at around about that level for more than half of its life.

https://coinmarketcap.com/karm_180.html

what this tells us VERY clearly is that no change in how the coins are produced.. be that Mining algorithms, reductions in block reward, PoS or whatever,  is going to make much difference at all to the price of the coin because the real issue is and has always been that there are too many coins already in circulation.

Karmashares has addressed part of this issue and the price of Karma doubled (or you could say.. stopped falling) as a result.

I agree with almost everyone on this thread that has said that we should stop talking about the price of focus on growing the Pie (ie the community).. This is the only way the market cap can expand over the longer term and thus result in higher prices for Karma.

The only other option which could affect prices directly would be a reverse split and that would mean knocking a 0 or two off the balance of every single wallet in existence.. and I highly doubt anyone would agree to that...

I am glad to see that people are taking the initiative to come up with different ways to both help others and put Karma into the spotlight. this is the way forward so lets continue on this path...

for what its worth.. I am a miner and a trader and a candle stick maker (of the stock market variety) and I would much rather see real people in need being helped by Karma than see early adopters argue about how Karma can line their pockets.

I know I am guilty of being a bit ideological at times... and I can be greedy too... that's why I own shitty coins like Maxcoin...  but I am going to try and be a bit less of both going forward...
im going to stop short of asking everyone to hold hands and sing Kumbaya but you get the idea Lolz.

[mouseman]

Done.
Who else can help?
Keep the post alive.

Please take the time to post in this KarmaWorldCup.org launch thread from time to time, every time it hits the front page of [ANN] it gets about 40-50 views

https://bitcointalk.org/index.php?topic=606666.msg6697828#msg6697828

[ranlo]

Karma Block and Coin release timeline.

Thanks for the post... this only highlights the point that Coin production is not the problem regarding the price of Karma.

the Market Cap for Karma is currently about $200,000 and it has been at around about that level for more than half of its life.

https://coinmarketcap.com/karm_180.html

what this tells us VERY clearly is that no change in how the coins are produced.. be that Mining algorithms, reductions in block reward, PoS or whatever,  is going to make much difference at all to the price of the coin because the real issue is and has always been that there are too many coins already in circulation.

Karmashares has addressed part of this issue and the price of Karma doubled (or you could say.. stopped falling) as a result.

I agree with almost everyone on this thread that has said that we should stop talking about the price of focus on growing the Pie (ie the community).. This is the only way the market cap can expand over the longer term and thus result in higher prices for Karma.

The only other option which could affect prices directly would be a reverse split and that would mean knocking a 0 or two off the balance of every single wallet in existence.. and I highly doubt anyone would agree to that...

I am glad to see that people are taking the initiative to come up with different ways to both help others and put Karma into the spotlight. this is the way forward so lets continue on this path...

for what its worth.. I am a miner and a trader and a candle stick maker (of the stock market variety) and I would much rather see real people in need being helped by Karma than see early adopters argue about how Karma can line their pockets.

I know I am guilty of being a bit ideological at times... and I can be greedy too... that's why I own shitty coins like Maxcoin...  but I am going to try and be a bit less of both going forward...
im going to stop short of asking everyone to hold hands and sing Kumbaya but you get the idea Lolz.

While the price is possibly going down due to the over-inflation caused by the coins being minted, this brings up a good point: as the coins slow down in production, it is easier to keep the value going up. With how things are going, the price is going to drop until the halving point, then increase, then drop until halving, and continue that cycle. The only way to fight it is to have more money coming in that is going out (more people investing than divesting). With the projects being released, that should hopefully lead to more money being brought in, and therefore stabilization of the price (and hopefully rising as well).

[Delaforetnoire]

Done.
Who else can help?
Keep the post alive.

Please take the time to post in this KarmaWorldCup.org launch thread from time to time, every time it hits the front page of [ANN] it gets about 40-50 views

https://bitcointalk.org/index.php?topic=606666.msg6697828#msg6697828

Done !

Please go post on this thread ! 

[learminer]

Done.
Who else can help?
Keep the post alive.

Please take the time to post in this KarmaWorldCup.org launch thread from time to time, every time it hits the front page of [ANN] it gets about 40-50 views

https://bitcointalk.org/index.php?topic=606666.msg6697828#msg6697828

Done !

Please go post on this thread ! 

Done.

[p4r4m0un7]

Lill beta 6-hour preview, starting now.

I will open Lill for a 6-hour preview to test the site with a few more users.

READ THE NOTES FIRST! click here

I am wondering which state should we buy in order to fit the needed hardware so we can ensure smooth operations for our future 3 billions users. Any ideas?
Go Karma!

[Delaforetnoire]

We'll buy a server farm in Sweden, near facebook one ! 

[p4r4m0un7]

We'll buy a server farm in Sweden, near facebook one ! 

So, from what you`ve said, I understood that we should buy Sweden and start integrating this tiny website Facebook into Karmashare.me. Correct?

[ShawnLeary]

Done.
Who else can help?
Keep the post alive.

Please take the time to post in this KarmaWorldCup.org launch thread from time to time, every time it hits the front page of [ANN] it gets about 40-50 views

https://bitcointalk.org/index.php?topic=606666.msg6697828#msg6697828

Thanks buddy!

[Delaforetnoire]

We'll buy a server farm in Sweden, near facebook one ! 

So, from what you`ve said, I understood that we should buy Sweden and start integrating this tiny website Facebook into Karmashare.me. Correct?

That's what I want to say, but we should keep it secret for now !

Seriously, I am asking why so much people keep going with some (shit)coins with no future, no real plan, not even something special other than some pump and dumps created by few big whales.

It is time to open the good eye !

[ShawnLeary]

We'll buy a server farm in Sweden, near facebook one ! 

So, from what you`ve said, I understood that we should buy Sweden and start integrating this tiny website Facebook into Karmashare.me. Correct?

Exactly!   Someone posted a link to the new Karma WiFi sharing device, and Kosmost response was something like: perhaps Karma crypto will consider acquiring them in the future.