[ANN][KARM] Karma / ₭ / X11

[cryptowho]

Congratulations guys ! Karma will be added today on  https://comkort.com/

In their tweet they used the old tweeter account. should we contact them to make sure they will use the right one and also are pointed at the OP here? 

[1714805281]

1714805281

[mashac]

What about we inventing our own proof system with Karma concept incorporated in to it or something like that...Something first of it's kind like BTC.... I know it's impossible at this stage of our coin, just saying... 

[easteagle13]

I would like to bring up an idea which can address both issues of 1. Karma Network Security 2. Karma Value

This is time sensitive meaning this can be efficiently done at a particular point of Karma life.

When Karma reach a certain market price threshold say, 10 satoshis, which would mean that everyone with sizeable investment into this coin woud have multiplied their money by about ten times, since up until now it is about 1 satoshi per karma (even lower).

Those same Karma holders should be encouraged to set up a mining rig specifically for KARMA. Decide how big or how little your rig maybe, the important thing is you share in giving Karma more hash and spread that hash power among several pools. You can even solo mine it's all up to the miner.

In the advent of ASICs, this proposal will be very much feasible, a lot of mining configurations will be available at a much cheaper price.

This is also a win win situation, we make our network more secure, while we earn extra karma daily no matter how small or big that amount be. No need to tinker with the algo and there will also be more source of Karma funding if ever we decide to use those hash power for a certain good cause in the future.

The above so far is for personal level.

We can take that a notch up. We can decide that since Karma is now 10times in value. Karmashares LLC can now set up a mining rig for itself, the address can be that of Karmashares LLC karma address. Then the same advantages quoted above will be gained. This time in a bigger scale.

[ShawnLeary]

I would like to bring up an idea which can address both issues of 1. Karma Network Security 2. Karma Value

This is time sensitive meaning this can be efficiently done at a particular point of Karma life.

When Karma reach a certain market price threshold say, 10 satoshis, which would mean that everyone with sizeable investment into this coin woud have multiplied their money by about ten times, since up until now it is about 1 satoshi per karma (even lower).

Those same Karma holders should be encouraged to set up a mining rig specifically for KARMA. Decide how big or how little your rig maybe, the important thing is you share in giving Karma more hash and spread that hash power among several pools. You can even solo mine it's all up to the miner.

In the advent of ASICs, this proposal will be very much feasible, a lot of mining configurations will be available at a much cheaper price.

This is also a win win situation, we make our network more secure, while we earn extra karma daily no matter how small or big that amount be. No need to tinker with the algo and there will also be more source of Karma funding if ever we decide to use those hash power for a certain good cause in the future.

The above so far is for personal level.

We can take that a notch up. We can decide that since Karma is now 10times in value. Karmashares LLC can now set up a mining rig for itself, the address can be that of Karmashares LLC karma address. Then the same advantages quoted above will be gained. This time in a bigger scale.

I think AGCrypto is already on this east.  Good suggestions. 

[KarmaKaguy]

who put this nice 113 buy wall on 48? 

[Alphi]

I would like to bring up an idea which can address both issues of 1. Karma Network Security 2. Karma Value

This is time sensitive meaning this can be efficiently done at a particular point of Karma life.

When Karma reach a certain market price threshold say, 10 satoshis, which would mean that everyone with sizeable investment into this coin woud have multiplied their money by about ten times, since up until now it is about 1 satoshi per karma (even lower).

Those same Karma holders should be encouraged to set up a mining rig specifically for KARMA. Decide how big or how little your rig maybe, the important thing is you share in giving Karma more hash and spread that hash power among several pools. You can even solo mine it's all up to the miner.

In the advent of ASICs, this proposal will be very much feasible, a lot of mining configurations will be available at a much cheaper price.

This is also a win win situation, we make our network more secure, while we earn extra karma daily no matter how small or big that amount be. No need to tinker with the algo and there will also be more source of Karma funding if ever we decide to use those hash power for a certain good cause in the future.

The above so far is for personal level.

We can take that a notch up. We can decide that since Karma is now 10times in value. Karmashares LLC can now set up a mining rig for itself, the address can be that of Karmashares LLC karma address. Then the same advantages quoted above will be gained. This time in a bigger scale.

I think AGCrypto is already on this east.  Good suggestions.  

if there is a significant threat to the network, the Karma Shares fund can also do this by either temporarily Hiring mining power or buying scrypt asics. they secure the network thus preserving the value of the coins held in the fund, and also get more coins from the mining.. so its win win...

Before Nautilus coin had its Stabilization fund and long before Maxcoin has its day with a stabilization fund. Karma already had a fund and there is no reason why it cant be used to actively stabilize the network and coin prices provided the shareholders want it.. and i'm sure they would if there was a significant enough threat.

[luqas0891]

i am sold 84 000 000 i sell small group
are you happy ?? you can buy cheap

[Delaforetnoire]

I send you 2x R9 280x for 400 000 000 Karma 

[pac]

I send you 2x R9 280x for 400 000 000 Karma 

That offer is insulting and you know it.

[ranlo]

I would like to bring up an idea which can address both issues of 1. Karma Network Security 2. Karma Value

This is time sensitive meaning this can be efficiently done at a particular point of Karma life.

When Karma reach a certain market price threshold say, 10 satoshis, which would mean that everyone with sizeable investment into this coin woud have multiplied their money by about ten times, since up until now it is about 1 satoshi per karma (even lower).

Those same Karma holders should be encouraged to set up a mining rig specifically for KARMA. Decide how big or how little your rig maybe, the important thing is you share in giving Karma more hash and spread that hash power among several pools. You can even solo mine it's all up to the miner.

In the advent of ASICs, this proposal will be very much feasible, a lot of mining configurations will be available at a much cheaper price.

This is also a win win situation, we make our network more secure, while we earn extra karma daily no matter how small or big that amount be. No need to tinker with the algo and there will also be more source of Karma funding if ever we decide to use those hash power for a certain good cause in the future.

The above so far is for personal level.

We can take that a notch up. We can decide that since Karma is now 10times in value. Karmashares LLC can now set up a mining rig for itself, the address can be that of Karmashares LLC karma address. Then the same advantages quoted above will be gained. This time in a bigger scale.

I think AGCrypto is already on this east.  Good suggestions. 

if there is a significant threat to the network, the Karma Shares fund can also do this by either temporarily Hiring mining power or buying scrypt asics. they secure the network thus preserving the value of the coins held in the fund, and also get more coins from the mining.. so its win win...

Before Nautilus coin had its Stabilization fund and long before Maxcoin has its day with a stabilization fund. Karma already had a fund and there is no reason why it cant be used to actively stabilize the network and coin prices provided the shareholders want it.. and i'm sure they would if there was a significant enough threat.

KarmaShares could also invest in ASICs and pay out the earnings to owners of the shares. It could be another business that the LLC runs. We'd have to make sure it's done in a profitable manner, though, so as to not bleed out money.

[Delaforetnoire]

I send you 2x R9 280x for 400 000 000 Karma 

That offer is insulting and you know it.

Just try to sell more than 400M fastly right now, you will see that this offer is not insulting for someone who wants to sell very fast.

[ptman]

I send you 2x R9 280x for 400 000 000 Karma  

That offer is insulting and you know it.

Just try to sell more than 400M fastly right now, you will see that this offer is not insulting for someone who wants to sell very fast.

I offer two AMD R9 290 Tri X (Sapphire) for the 400 million Karma.

We need to make more noise about karmaworldcup.org.
Maybe make reference to eat in other coin foruns (including bitcoin).

It is an excelent idea and has an excelent website.
We should be getting 1 billion Karma total before June 12th.

[p4r4m0un7]

I would like to bring up an idea which can address both issues of 1. Karma Network Security 2. Karma Value

This is time sensitive meaning this can be efficiently done at a particular point of Karma life.

When Karma reach a certain market price threshold say, 10 satoshis, which would mean that everyone with sizeable investment into this coin woud have multiplied their money by about ten times, since up until now it is about 1 satoshi per karma (even lower).

Those same Karma holders should be encouraged to set up a mining rig specifically for KARMA. Decide how big or how little your rig maybe, the important thing is you share in giving Karma more hash and spread that hash power among several pools. You can even solo mine it's all up to the miner.

In the advent of ASICs, this proposal will be very much feasible, a lot of mining configurations will be available at a much cheaper price.

This is also a win win situation, we make our network more secure, while we earn extra karma daily no matter how small or big that amount be. No need to tinker with the algo and there will also be more source of Karma funding if ever we decide to use those hash power for a certain good cause in the future.

The above so far is for personal level.

We can take that a notch up. We can decide that since Karma is now 10times in value. Karmashares LLC can now set up a mining rig for itself, the address can be that of Karmashares LLC karma address. Then the same advantages quoted above will be gained. This time in a bigger scale.

I think AGCrypto is already on this east.  Good suggestions.  

if there is a significant threat to the network, the Karma Shares fund can also do this by either temporarily Hiring mining power or buying scrypt asics. they secure the network thus preserving the value of the coins held in the fund, and also get more coins from the mining.. so its win win...

Before Nautilus coin had its Stabilization fund and long before Maxcoin has its day with a stabilization fund. Karma already had a fund and there is no reason why it cant be used to actively stabilize the network and coin prices provided the shareholders want it.. and i'm sure they would if there was a significant enough threat.

KarmaShares could also invest in ASICs and pay out the earnings to owners of the shares. It could be another business that the LLC runs. We'd have to make sure it's done in a profitable manner, though, so as to not bleed out money.

I really like the way you think! Really. This is something that we can discuss. Many miners really don`t look for the most profitable coin at the moment, but the highest network hash rate. So, if we expand dramatically our hash rate, I am sure that a lot of miners with GPU and ASICS will come.

[bitwho]

https://www.cryptonator.com/

simple and fun calculator for coins. Karmacoin included : )

[bitwho]

Karma will be added to Comkort exchange shortly!

Please put a request for poloniex at https://poloniex.com/coinRequest

More exchanges, more exposure

[bitwho]

http://whatmine.com/contacts.php    a site with what coins to mine. please contact them to add karma : )

i already did.

[ranlo]

I really like the way you think! Really. This is something that we can discuss. Many miners really don`t look for the most profitable coin at the moment, but the highest network hash rate. So, if we expand dramatically our hash rate, I am sure that a lot of miners with GPU and ASICS will come.

The more miners that jump on after investing in hardware, the less earnings there are though. This is something we'd need to take into consideration when determining whether or not the company can pull a profit, which is important (as it's a for-profit company).

[mouseman]

Hmmmm. This MAY be interesting. Go on...continue please

I would like to bring up an idea which can address both issues of 1. Karma Network Security 2. Karma Value

This is time sensitive meaning this can be efficiently done at a particular point of Karma life.

When Karma reach a certain market price threshold say, 10 satoshis, which would mean that everyone with sizeable investment into this coin woud have multiplied their money by about ten times, since up until now it is about 1 satoshi per karma (even lower).

Those same Karma holders should be encouraged to set up a mining rig specifically for KARMA. Decide how big or how little your rig maybe, the important thing is you share in giving Karma more hash and spread that hash power among several pools. You can even solo mine it's all up to the miner.

In the advent of ASICs, this proposal will be very much feasible, a lot of mining configurations will be available at a much cheaper price.

This is also a win win situation, we make our network more secure, while we earn extra karma daily no matter how small or big that amount be. No need to tinker with the algo and there will also be more source of Karma funding if ever we decide to use those hash power for a certain good cause in the future.

The above so far is for personal level.

We can take that a notch up. We can decide that since Karma is now 10times in value. Karmashares LLC can now set up a mining rig for itself, the address can be that of Karmashares LLC karma address. Then the same advantages quoted above will be gained. This time in a bigger scale.

I think AGCrypto is already on this east.  Good suggestions. 

if there is a significant threat to the network, the Karma Shares fund can also do this by either temporarily Hiring mining power or buying scrypt asics. they secure the network thus preserving the value of the coins held in the fund, and also get more coins from the mining.. so its win win...

Before Nautilus coin had its Stabilization fund and long before Maxcoin has its day with a stabilization fund. Karma already had a fund and there is no reason why it cant be used to actively stabilize the network and coin prices provided the shareholders want it.. and i'm sure they would if there was a significant enough threat.

KarmaShares could also invest in ASICs and pay out the earnings to owners of the shares. It could be another business that the LLC runs. We'd have to make sure it's done in a profitable manner, though, so as to not bleed out money.

[ranlo]

Hmmmm. This MAY be interesting. Go on...continue please

I would like to bring up an idea which can address both issues of 1. Karma Network Security 2. Karma Value

This is time sensitive meaning this can be efficiently done at a particular point of Karma life.

When Karma reach a certain market price threshold say, 10 satoshis, which would mean that everyone with sizeable investment into this coin woud have multiplied their money by about ten times, since up until now it is about 1 satoshi per karma (even lower).

Those same Karma holders should be encouraged to set up a mining rig specifically for KARMA. Decide how big or how little your rig maybe, the important thing is you share in giving Karma more hash and spread that hash power among several pools. You can even solo mine it's all up to the miner.

In the advent of ASICs, this proposal will be very much feasible, a lot of mining configurations will be available at a much cheaper price.

This is also a win win situation, we make our network more secure, while we earn extra karma daily no matter how small or big that amount be. No need to tinker with the algo and there will also be more source of Karma funding if ever we decide to use those hash power for a certain good cause in the future.

The above so far is for personal level.

We can take that a notch up. We can decide that since Karma is now 10times in value. Karmashares LLC can now set up a mining rig for itself, the address can be that of Karmashares LLC karma address. Then the same advantages quoted above will be gained. This time in a bigger scale.

I think AGCrypto is already on this east.  Good suggestions. 

if there is a significant threat to the network, the Karma Shares fund can also do this by either temporarily Hiring mining power or buying scrypt asics. they secure the network thus preserving the value of the coins held in the fund, and also get more coins from the mining.. so its win win...

Before Nautilus coin had its Stabilization fund and long before Maxcoin has its day with a stabilization fund. Karma already had a fund and there is no reason why it cant be used to actively stabilize the network and coin prices provided the shareholders want it.. and i'm sure they would if there was a significant enough threat.

KarmaShares could also invest in ASICs and pay out the earnings to owners of the shares. It could be another business that the LLC runs. We'd have to make sure it's done in a profitable manner, though, so as to not bleed out money.

It's a hard one. I could probably work out a method to make it all work, but it'd take time and effort to do so. Just hoping the ASIC train leads to profit would be the wrong way to go.

I just wanted to toss out the idea in general.

[mouseman]

Done

http://whatmine.com/contacts.php    a site with what coins to mine. please contact them to add karma : )

i already did.