[ANN][KARM] Karma / ₭ / X11

[McHammer]

so, the blockreward did Not reduced by 75% ?
 
as a non miner i dont Like that
some people just bought on that News ...
 

[1713287842]

1713287842

[easteagle13]

so, the blockreward did Not reduced by 75% ?
 
as a non miner i dont Like that
some people just bought on that News ...
 

It is at 35,000 now, why?

See the block rewards schedule here http://coinwik.org/Karmacoin#Block_Rewards and also in the first page of this forum https://bitcointalk.org/index.php?topic=579973.0 we just passed 200,000th block.

[KarmaKaguy]

so, the blockreward did Not reduced by 75% ?
 
as a non miner i dont Like that
some people just bought on that News ...
 

it is at 35,000 now why?

the block reward IS reducd by 75%

[learminer]

so, the blockreward did Not reduced by 75% ?
 
as a non miner i dont Like that
some people just bought on that News ...
 

Sure it is reduced, just check the block explorer => 35,000 Karma reward.

It's just that while rewards dropped ~75%, the nethash also dropped ~75% (from 3GH/s to below 1GH/s), so profitability for the remaining miners is actually similar to before. There's still 75% less coins overall though.

[altcoingood]

multipool-eu has ~75% of global hash power.

[easteagle13]

Meanwhile...

http://www.cryptocoinsnews.com/news/facebook-tipping-developer-talks-dogecoin-quarkcoin-reddcoin/2014/06/24

[ptman]

and hashrate still at 3.5 gh/s!!!  that is very Karma-like.  KarmaHash good.

People can now mine Karma again relatively cheaply, the hash rate has adjusted to the new rewards.

Chargin.

We should strive for maintaining the 3 GH/s hashrate.

Lets hash even more than before!

[Chargin]

and hashrate still at 3.5 gh/s!!!  that is very Karma-like.  KarmaHash good.

People can now mine Karma again relatively cheaply, the hash rate has adjusted to the new rewards.

Chargin.

We should strive for maintaining the 3 GH/s hashrate.

Lets hash even more than before!

I agree but there wasn't enough people (or the right people) thinking the price would go up to make it a self fulfilling prophecy. Given how anti climatic that was I think the price will drop a little before recovering again. The price of Karma should go up easier now than it did before with less miners dumping. Hopefully not too many people wanted to sell after the reward change expecting the price would go up.

In hindsight, if you think about it logically, that is exactly what should have happened given how reactive alt coin miners are to changes especially on smaller alt coins. The miners moved in 6 hours to completely adjust to the new hash rate.

Chargin.

[KarmaKaguy]

The big dumps happend allready last night. We are now recovering and should be prepared to the upcomming btc market. With prepared I mean that we all should shout it out in every corner of the crypto world as soon as we hit the btc market.

[ptman]

The big dumps happend allready last night. We are now recovering and should be prepared to the upcomming btc market. With prepared I mean that we all should shout it out in every corner of the crypto world as soon as we hit the btc market.

We need a team of Karma evangelists to spread the good news about Karma in every forum, IRC channel, new media and event!

We need to be more known!

[KarmaKaguy]

The big dumps happend allready last night. We are now recovering and should be prepared to the upcomming btc market. With prepared I mean that we all should shout it out in every corner of the crypto world as soon as we hit the btc market.

We need a team of Karma evangelists to spread the good news about Karma in every forum, IRC channel, new media and event!

We need to be more known!

Dont forget that we are a young team and that we need support from the community. We have marketing moderators since last week. What we now need are community members who populate the marketing workgroup in our forum to fulfill taks aggreed upon. Please visit http://karmashares.com/forums/index.php/board,15.0.html

[mouseman]

Concerning the news on the Facebook Multicoin Tipping App (of which KARMA is a part of), there was some comments from the creator Alejandro Calballero on his assessment which of the coins have initially become the most tipped as well as hold those most enthusiasm by facebookers/tippers:

http://www.cryptocoinsnews.com/news/facebook-tipping-developer-talks-dogecoin-quarkcoin-reddcoin/2014/06/24

""In regards to the Multicoin tipping app, which currency has had the most activity?

    “To answer that, I have to split it in two parts: Volume and Enthusiasm.”

    “On the volume part, speaking of tipping commands Dogecoin has the biggest piece of the cake with more than 82k tips delivered through its exclusive app. That’s considering it is the oldest and most widespread coin. On the Multicoins app, Doge is less popular, with almost 7k tips delivered.”

    “It is followed by Fedoracoin (TiPS) with 48k tips issued, and Karma with 38k tips, Trollcoin with 19k, HTMLcoin with 13k. Other coins have volumes under 10k at the moment. Doge, Fedora, Karma, Troll and HTML sum 208,575 tip commands issued up to this moment.”

“Now, going to enthusiasm. This is my personal perception as I see the group fans moving. Besides Doge, the most enthusiastic group here at Facebook, I’ve seen a lot of spreading from Fedora and Karma users. As you’ve seen, they love to make it rain. Plus there’s been a lot of funny things going by Trolls on their official marketplace.”



And the following great news?



Well then, let’s move forward. Back to your own project: What are some plans for each tipping app?

What are some plans for each tipping app?

    “Oh man. I’m way behind schedule on  what I call ‘Stage 2’ of the platform. It’s going out to everyone who wants to tip and get tipped over any website, through a universal plugin.

It also uses plugins for major CMS and forum systems like WordPress, Joomla, Drupal, PHPBB, Xenforo and others. The apps at Facebook could be improved, but right now it is a top priority getting the whole package done to increase the coin’s reach.”



So “Stage Two” plans would be to allow people to tip anywhere on the web? Through any website?

    “Yep, that’s the idea. And there’s a Stage 3 but it is too early to talk about it. I can’t tell you. Really. I don’t have to tell you. It’s too soon. It’s just a draft. Don’t force me to tell you!”

[ShawnLeary]

Thank you Mouse for doing that.  East is really kicking some FB booty with his efforts in that arena.  The Karma team will be carrying him on our shoulders soon!  Keep up the great work East

[easteagle13]

Concerning the news on the Facebook Multicoin Tipping App (of which KARMA is a part of), there was some comments from the creator Alejandro Calballero on his assessment which of the coins have initially become the most tipped as well as hold those most enthusiasm by facebookers/tippers:

http://www.cryptocoinsnews.com/news/facebook-tipping-developer-talks-dogecoin-quarkcoin-reddcoin/2014/06/24

""In regards to the Multicoin tipping app, which currency has had the most activity?

    “To answer that, I have to split it in two parts: Volume and Enthusiasm.”

    “On the volume part, speaking of tipping commands Dogecoin has the biggest piece of the cake with more than 82k tips delivered through its exclusive app. That’s considering it is the oldest and most widespread coin. On the Multicoins app, Doge is less popular, with almost 7k tips delivered.”

    “It is followed by Fedoracoin (TiPS) with 48k tips issued, and Karma with 38k tips, Trollcoin with 19k, HTMLcoin with 13k. Other coins have volumes under 10k at the moment. Doge, Fedora, Karma, Troll and HTML sum 208,575 tip commands issued up to this moment.”

“Now, going to enthusiasm. This is my personal perception as I see the group fans moving. Besides Doge, the most enthusiastic group here at Facebook, I’ve seen a lot of spreading from Fedora and Karma users. As you’ve seen, they love to make it rain. Plus there’s been a lot of funny things going by Trolls on their official marketplace.”



And the following great news?



Well then, let’s move forward. Back to your own project: What are some plans for each tipping app?

What are some plans for each tipping app?

    “Oh man. I’m way behind schedule on  what I call ‘Stage 2’ of the platform. It’s going out to everyone who wants to tip and get tipped over any website, through a universal plugin.

It also uses plugins for major CMS and forum systems like WordPress, Joomla, Drupal, PHPBB, Xenforo and others. The apps at Facebook could be improved, but right now it is a top priority getting the whole package done to increase the coin’s reach.”



So “Stage Two” plans would be to allow people to tip anywhere on the web? Through any website?

    “Yep, that’s the idea. And there’s a Stage 3 but it is too early to talk about it. I can’t tell you. Really. I don’t have to tell you. It’s too soon. It’s just a draft. Don’t force me to tell you!”

Thanks for directly quoting this, I was taken aback a while with the figures, then I realized He was referring to the TIMES of tips done through the APP, not the AMOUNT of tips given. Multicoin Tipping App is a real ally for us Karma community members

[Michael POR]

You team need to do more on clarity!

[easteagle13]

Thank you Mouse for doing that.  East is really kicking some FB booty with his efforts in that arena.  The Karma team will be carrying him on our shoulders soon!  Keep up the great work East

The honor goes to all generous KARMA community members who have given their share to make our tipping possible and successful. The same is going on with our TWITTER tipping efforts.

Thanks, hopefully this new tipping group can make waves with the YOUTUBERS, It's a great advertising vehicle if we can pull this off. https://www.facebook.com/groups/229157823960733/

[Michael POR]

I hope the price would become karm/btc at mintapl

[easteagle13]

You team need to do more on clarity!

Can you clarify what you want to have more clarity on?

[KarmaKaguy]

You team need to do more on clarity!

to which aspects do you refer specifically? Comments are welcome!

[bitcoinhype]

ok nice, now everybody looks at himself and investigates his karma. Then we could ask ourself: how can I improve my karma? AH, I could help the Karmateam to get the iPocos running full scale! And... Nirvana is in reach.