[ANN][KARM] Karma / ₭ / X11

[Alphi]

Well, after our next reward step, these ASICS miners will go to another coins, we will see way less dumping if we are right with this theory.

GPU miners will leave before ASIC miners do because GPU is about 10 times more expensive to run than a Scrypt ASIC.

and we don't want all the miners to leave now do we? that would be very bad indeed....


more miners + cheaper more efficient mining gear is what we need.... so that everyone can run a small unit under their desk and not have to worry about huge power bills.

[ShawnLeary]

Well, after our next reward step, these ASICS miners will go to another coins, we will see way less dumping if we are right with this theory.

GPU miners will leave before ASIC miners do because GPU is about 10 times more expensive to run than a Scrypt ASIC.

and we don't want all the miners to leave now do we? that would be very bad indeed....


more miners + cheaper more efficient mining gear is what we need.... so that everyone can run a small unit under their desk and not have to worry about huge power bills.

Have any of the Scrypt ASICs hit the customers yet?

[Alphi]

Well, after our next reward step, these ASICS miners will go to another coins, we will see way less dumping if we are right with this theory.

GPU miners will leave before ASIC miners do because GPU is about 10 times more expensive to run than a Scrypt ASIC.

and we don't want all the miners to leave now do we? that would be very bad indeed....


more miners + cheaper more efficient mining gear is what we need.... so that everyone can run a small unit under their desk and not have to worry about huge power bills.

Have any of the Scrypt ASICs hit the customers yet?

gridseeds have been out for a few months now.. the basic models have the hashing power of a midrange graphics card but use far less energy... about 300Khs at 7 watts... price range about $180-380 each.

[ranlo]

Well, after our next reward step, these ASICS miners will go to another coins, we will see way less dumping if we are right with this theory.

GPU miners will leave before ASIC miners do because GPU is about 10 times more expensive to run than a Scrypt ASIC.

and we don't want all the miners to leave now do we? that would be very bad indeed....


more miners + cheaper more efficient mining gear is what we need.... so that everyone can run a small unit under their desk and not have to worry about huge power bills.

Have any of the Scrypt ASICs hit the customers yet?

There are now 90 MH/s systems in the hands of people and hashing away for companies. Tons of them shipped out over the past couple days as well, so we're going to see an influx of hash rate soon.

[ShawnLeary]

http://shibescoop.com/2014/05/22/budweiser-and-coinbase-team-up/

Budweiser and Coinbase team-up.  This is a good idea.  MIT airdropping to brainiacs and Coinbase targeting another audience

[cryptowho]

hehe so now that anon features are becoming a fab i bet we will have a new wave of people asking us to do the same : )

[Alphi]

hehe so now that anon features are becoming a fab i bet we will have a new wave of people asking us to do the same : )

just point them to the buy walls....
looking prety healthy atm...

looks like your catkiwi's buddies have moved in...
who knows they may even be setting up for a massive pump effort.

just the other day I was holding 33 litoshi with one litecoin... now someone is holding 35 with 99 ltc

[ShawnLeary]

hehe so now that anon features are becoming a fab i bet we will have a new wave of people asking us to do the same : )

Yep, zerocoin is promising pure anonymity.   we'll see. 

[cryptowho]

coin warz is not answering my email. Must be busy

please tweet them this :

@CoinWarz  Please update the Karmacoin info. We have changed the name to Karma new block explorer, statick blocks https://bitcointalk.org/index.php?topic=579973



Here is our karmacoin info there. http://www.coinwarz.com/cryptocurrency/coins/karmacoin

Your encourage to shoot them an email too : )

[ShawnLeary]

SEEK HIGHER GROUND!!!  A KARM TSUNAMI FORMING!!!

[ranlo]

SEEK HIGHER GROUND!!!  A KARM TSUNAMI FORMING!!!

Before you do this, please drop the price back down for a while so some of us can buy in, .

[Alphi]

SEEK HIGHER GROUND!!!  A KARM TSUNAMI FORMING!!!

100LTC on Mintpal and on Cryptsy at 35 litoshi....

coincidence? or manipulation?.....

could be a coincidence but it looks more like a coordinated effort.

[ShawnLeary]

This is what a free fall looks like on Depth chart, poor shibes.  No buyers.  Were they effectively maxed out, reaching their saturation level already?  Or is this just the effect of everyone jumping back to Bitcoin seeing no future in their marketing plans?

[ranlo]

This is what a free fall looks like on Depth chart, poor shibes.  No buyers.  Were they effectively maxed out, reaching their saturation level already?  Or is this just the effect of everyone jumping back to Bitcoin seeing no future in their marketing plans?

DOGE still has a strong marketing team behind it and some things being worked on, so I'm sure it will go back up. People I think are dumping to buy BTC so they can cash out and (hopefully) buy back cheaper.

[yurimir]

DarkCoin mania now 

[perhan007]

What happened with the price a few minutes ago? Some news not public yet?

[CatKiwi]

Welcome back to 50 Litoshi everyone! Great things coming for KARM

[kosmost]

What happened with the price a few minutes ago? Some news not public yet?

No news yet. Just organizing Karmashares (Will have some forums pretty soon that will help greatly in that and make everything more clear.)

Also, should have the next release of Lill out soon (with user logins, etc)

[p4r4m0un7]

1. Coinwarz has been ignoring my requests to update Karma info since the re-branding. This is how long? Maybe 2 months.
2. The implementation of anonymous transactions are the biggest mistake that we can do. If somebody is thinking about it, maybe he/she should start reading from the beginning. About what is Karmashares, lill, EyeQ, how are they going to make our economy multi billion, yes billion, through changing the way of how we perceive searching. Don`t you understand that untill now, search engines are the ones that decides what results to pop up. lill is changing this and it can not happen with anonymous transactions. If tech change is to be made, this must be going to PoS. For securing our network.
3. I was happy to spend some 50 LTC on Karma today.

look at this stats:
http://returnonnow.com/2012/06/search-engine-market-share-country/ and this is 2 years ago.

kosmost is always giving an example of USA half percent search engine share. It is for about 500 mill dollars. And I am sure that you are all a little bit confused about this big number. What about China, Russia, Brasil and of course India? This is 3.5 billion people market. 11-12 times USA. And more of this people are not using search engines, because they don`t have access to Internet enabled digital devices. And if they had, what are they gonna be searching for? How to do cow milking? But if lill and EyeQ give them new, life changing applications, they will. Why do you think people that never knew what is the meaning of television, are using complicated devices to do financial transactions with just their finger print? And this is for hundreds of millions people! Only the new applications are the reason why micro financing in India and some African countries is flourishing. And why do you think that every single goddammit telecommunication company has a separate big M2M development? And they have trillions ready for investment in Internet of things. But they will invest in infrastructure and we are going to like it, because we shall eat the pie. You know why? Because we shall have the applications like lill and EyeQ. And the money doesn`t follow infrastructure, they are following the applications. Google and mostly Apple are example of this. Infrastructure companies are just a pipe, that is to be drained by the companies that owns applications. Are we stupid to not learn from this? I don`t think so. Karma will rule.

[Alphi]

if you want to trade swings, don't forget to take some profits...
the dumpers will probably be on later tonight US time...

if you just want to sit back and enjoy the ride then feel free...