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Author Topic: [ANN][KARM] Karma / ₭ / X11  (Read 583018 times)
Chargin
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August 12, 2014, 03:44:32 PM
 #4561

I wish I actually bought some Karmashares now at 10x.

Speaking of which, can we announce a closing date for buying Karmashares at 1.75x with Karma?

I think we have enough funding in Karma...

Chargin.

I agree, It will make KARM more expensive and Shares more valuable. In fact, we will see the real KarmaShares value

But in that case we would continue to accept investments in BTC?

Or you suggest closing completely the sell of shares?
To only offer selling of shares again at some specific points in time, when the shareholders decide a new influx of investment would be good (called recapitalization phases)?

Only sell shares in BTC when funding is required, it makes the most sense.

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socoban
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August 12, 2014, 04:01:46 PM
 #4562

I wish I actually bought some Karmashares now at 10x.

Speaking of which, can we announce a closing date for buying Karmashares at 1.75x with Karma?

I think we have enough funding in Karma...

Chargin.

I agree, It will make KARM more expensive and Shares more valuable. In fact, we will see the real KarmaShares value

But in that case we would continue to accept investments in BTC?

Or you suggest closing completely the sell of shares?
To only offer selling of shares again at some specific points in time, when the shareholders decide a new influx of investment would be good (called recapitalization phases)?

Only sell shares in BTC when funding is required, it makes the most sense.


BTC shares selling will bring lot of funds. Check AngelShares donation, or Ehtereum presale. There are milions of USD thrown in BTC fundings. Problem of BTC funding is you have to adjust it to KARM price, since holding KARM will make you revenue 1000KARM = 1 share payout. If KarmaShares sell lill.com, than there will be no more reasons for funding. Closing Karmashares 1.75x trading for KARM will strict deadline will force people to decide. I myself support KARM only because I was lucky to buy shares at 5x. I missed 10x multiplier. Without that, I will not care. Than I started to buy KARM coin too.  I think deadline will force people to invest and to help the project move on. People will still be able to get revenue by holding KARM.  Anyway, I think we should focus discussion on lill.com sell offer now. Everything depends on it.
ptman
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August 12, 2014, 04:05:28 PM
Last edit: August 12, 2014, 04:52:27 PM by ptman
 #4563

I wish I actually bought some Karmashares now at 10x.

Speaking of which, can we announce a closing date for buying Karmashares at 1.75x with Karma?

I think we have enough funding in Karma...

Chargin.

I agree, It will make KARM more expensive and Shares more valuable. In fact, we will see the real KarmaShares value

But in that case we would continue to accept investments in BTC?

Or you suggest closing completely the sell of shares?
To only offer selling of shares again at some specific points in time, when the shareholders decide a new influx of investment would be good (called recapitalization phases)?

Only sell shares in BTC when funding is required, it makes the most sense.


BTC shares sellign will bring lot of funds. Check AngelShares donation, or Ehtereum presale. There are milions of USD thrown in BTC fundings. Problem of BTC funding is you have to adjust it to KARM price, since holding KARM will make you revenue 1000KARM = 1 share payout. If KarmaShares sell lill.com, than there will be no more reasons for funding. Closing Karmashares 1.75x trading for KARM will strict deadline will force people to decide. I myself support KARM only because I was lucky to buy shares at 5x. I missed 10x multiplier. Without that, I will not care. Than I started to buy KARM coin too.  I think deadline will force people to invest and to help the project move on. People will still be able to get revenue by holding KARM.  Anyway, I think we should focus discussion on lill.com sell offer now. Everything depends on it.

I agree with you that the option to buy shares with 1.75x multiplier should have a limit date.
If it is forever, then it is perceived as not being that special.

Even for the BTC funds, I think we should set a date and after that do not accept more funding in BTC.

During periods when funding is not allowed, the only way of someone to buy shares would be to buy them from other shareholders.
Market forces (sell and buy offers) will then dictate the price of shares.

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ptman
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August 12, 2014, 04:29:28 PM
 #4564

Does anyone can help me with Karma integration in a website for a new service I'm creating?

Maybe with the new Karma blockexplorer there is some easy API I can use.

As of now I only added BTC using Blockchain.inf receive API.

The website is here (Its an automatic a LLVM OPT pass sequencer, in some cases I have performance improvements of 200% over Clang -O3, currently I support only C language):
http://80.240.135.146/

Altough in BETA it works perfectly Smiley
You can try it if you want.

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socoban
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August 12, 2014, 04:35:39 PM
 #4565

Does anyone can help me with Karma integration in a website for a new service I'm creating?

Maybe with the new Karma blockexplorer there is some easy API I can use.

As of now I only added BTC using Blockchain.inf receive API.

The website is here (Its an automatic a LLVM OPT pass sequencer, in some cases I have performance improvements of 200% over Clang -O3, currently I support only C language):
http://80.240.135.146/

Altough in BETA it works perfectly Smiley
You can try it if you want.

Here is documentation what insight API can do: https://github.com/bitpay/insight-api  I am afraid, it wont be easy. We still need to port bitcoinj and bitcoinjs to KARM.

bitwho
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August 12, 2014, 05:54:46 PM
 #4566

Does anyone can help me with Karma integration in a website for a new service I'm creating?

Maybe with the new Karma blockexplorer there is some easy API I can use.

As of now I only added BTC using Blockchain.inf receive API.

The website is here (Its an automatic a LLVM OPT pass sequencer, in some cases I have performance improvements of 200% over Clang -O3, currently I support only C language):
http://80.240.135.146/

Altough in BETA it works perfectly Smiley
You can try it if you want.

Here is documentation what insight API can do: https://github.com/bitpay/insight-api  I am afraid, it wont be easy. We still need to port bitcoinj and bitcoinjs to KARM.



is that something you can do?

can you import them to our block explorer ?

anyone else wants to take up this challenge?
pdogg147
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August 12, 2014, 06:32:15 PM
 #4567

I wish I actually bought some Karmashares now at 10x.

Speaking of which, can we announce a closing date for buying Karmashares at 1.75x with Karma?

I think we have enough funding in Karma...

Chargin.

I agree, It will make KARM more expensive and Shares more valuable. In fact, we will see the real KarmaShares value

But in that case we would continue to accept investments in BTC?

Or you suggest closing completely the sell of shares?
To only offer selling of shares again at some specific points in time, when the shareholders decide a new influx of investment would be good (called recapitalization phases)?

Only sell shares in BTC when funding is required, it makes the most sense.


BTC shares sellign will bring lot of funds. Check AngelShares donation, or Ehtereum presale. There are milions of USD thrown in BTC fundings. Problem of BTC funding is you have to adjust it to KARM price, since holding KARM will make you revenue 1000KARM = 1 share payout. If KarmaShares sell lill.com, than there will be no more reasons for funding. Closing Karmashares 1.75x trading for KARM will strict deadline will force people to decide. I myself support KARM only because I was lucky to buy shares at 5x. I missed 10x multiplier. Without that, I will not care. Than I started to buy KARM coin too.  I think deadline will force people to invest and to help the project move on. People will still be able to get revenue by holding KARM.  Anyway, I think we should focus discussion on lill.com sell offer now. Everything depends on it.

I agree with you that the option to buy shares with 1.75x multiplier should have a limit date.
If it is forever, then it is perceived as not being that special.

Even for the BTC funds, I think we should set a date and after that do not accept more funding in BTC.

During periods when funding is not allowed, the only way of someone to buy shares would be to buy them from other shareholders.
Market forces (sell and buy offers) will then dictate the price of shares.

Why get rid of the 1.75X multiplier but not get rid of holding the coins in you wallet for 30 days and receive Karmashares?  With one (trading in your shares for a 1.75 multiplier) the LLC actually gets something in return.  I personally would like to see the holding Karma in your wallet go away rather than trading Karma for shares at any exchange rate.

ptman
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August 12, 2014, 06:59:52 PM
 #4568

I wish I actually bought some Karmashares now at 10x.

Speaking of which, can we announce a closing date for buying Karmashares at 1.75x with Karma?

I think we have enough funding in Karma...

Chargin.

I agree, It will make KARM more expensive and Shares more valuable. In fact, we will see the real KarmaShares value

But in that case we would continue to accept investments in BTC?

Or you suggest closing completely the sell of shares?
To only offer selling of shares again at some specific points in time, when the shareholders decide a new influx of investment would be good (called recapitalization phases)?

Only sell shares in BTC when funding is required, it makes the most sense.


BTC shares sellign will bring lot of funds. Check AngelShares donation, or Ehtereum presale. There are milions of USD thrown in BTC fundings. Problem of BTC funding is you have to adjust it to KARM price, since holding KARM will make you revenue 1000KARM = 1 share payout. If KarmaShares sell lill.com, than there will be no more reasons for funding. Closing Karmashares 1.75x trading for KARM will strict deadline will force people to decide. I myself support KARM only because I was lucky to buy shares at 5x. I missed 10x multiplier. Without that, I will not care. Than I started to buy KARM coin too.  I think deadline will force people to invest and to help the project move on. People will still be able to get revenue by holding KARM.  Anyway, I think we should focus discussion on lill.com sell offer now. Everything depends on it.

I agree with you that the option to buy shares with 1.75x multiplier should have a limit date.
If it is forever, then it is perceived as not being that special.

Even for the BTC funds, I think we should set a date and after that do not accept more funding in BTC.

During periods when funding is not allowed, the only way of someone to buy shares would be to buy them from other shareholders.
Market forces (sell and buy offers) will then dictate the price of shares.

Why get rid of the 1.75X multiplier but not get rid of holding the coins in you wallet for 30 days and receive Karmashares?  With one (trading in your shares for a 1.75 multiplier) the LLC actually gets something in return.  I personally would like to see the holding Karma in your wallet go away rather than trading Karma for shares at any exchange rate.

Not to mention that it is super complex to keep track of all those addresses with more than 5 million coins.
But this is something that we should not change without thinking a lot about it, because it was advertized for months.

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daigitinasam
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August 12, 2014, 07:16:20 PM
 #4569

Cant mine in any pool. When i start the batch file it says:

"Probing for an alive pool"
"Waiting for work to be avaivable from pools"
"Setting gpu`s for idle performance"
 
I`m using the sgminer 14.6 and everything was working until today.


I would suggest trying to delete (or move) the .bin files and re-running the miner.
bin files are compiled openCL code for your specific GPUs..
I have noticed sometimes these can cause the miner software to hang at startup.

but the messages you have detailed seem to suggest that the pool is not communicating.. so I would also try different pools and making sure that they are P2Pool and X11

if that doesnt work then go to the SGMiner thread you will probably find answers there.

I tried this but still doesnt work. Can you give me a link to sgminer thread?
I found one bit it`s not seem to be very active.
bitwho
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August 12, 2014, 07:50:46 PM
 #4570

Cant mine in any pool. When i start the batch file it says:

"Probing for an alive pool"
"Waiting for work to be avaivable from pools"
"Setting gpu`s for idle performance"
 
I`m using the sgminer 14.6 and everything was working until today.


I would suggest trying to delete (or move) the .bin files and re-running the miner.
bin files are compiled openCL code for your specific GPUs..
I have noticed sometimes these can cause the miner software to hang at startup.

but the messages you have detailed seem to suggest that the pool is not communicating.. so I would also try different pools and making sure that they are P2Pool and X11

if that doesnt work then go to the SGMiner thread you will probably find answers there.

I tried this but still doesnt work. Can you give me a link to sgminer thread?
I found one bit it`s not seem to be very active.

you have to post more info. like your batch configurations. which pool are you trying to reach. what version your hard wares are etc.

bitwho
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August 12, 2014, 08:15:08 PM
 #4571



$2.5 million just for lill?

Wow?  How does that work out for karma coin holders?  And why isn't karma booming from such an offer?  No other alts has anything like this in the works. 

because news do not travel to everyone easy.

is everyone doing their fair share to spread the news? facebooks, twitter , reddit etcs
socoban
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August 12, 2014, 08:19:02 PM
 #4572



$2.5 million just for lill?

Wow?  How does that work out for karma coin holders?  And why isn't karma booming from such an offer?  No other alts has anything like this in the works. 

because news do not travel to everyone easy.

is everyone doing their fair share to spread the news? facebooks, twitter , reddit etcs

World is full of scams. They need proof. Kosmost wrote, he has written offer. Let him publish scan of it. Than it will be BIG NEWS. Without that, it is just a claim for them.
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August 12, 2014, 08:35:21 PM
 #4573



$2.5 million just for lill?

Wow?  How does that work out for karma coin holders?  And why isn't karma booming from such an offer?  No other alts has anything like this in the works.  

because news do not travel to everyone easy.

is everyone doing their fair share to spread the news? facebooks, twitter , reddit etcs

World is full of scams. They need proof. Kosmost wrote, he has written offer. Let him publish scan of it. Than it will be BIG NEWS. Without that, it is just a claim for them.

+1000

ptman
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August 12, 2014, 08:41:55 PM
 #4574



$2.5 million just for lill?

Wow?  How does that work out for karma coin holders?  And why isn't karma booming from such an offer?  No other alts has anything like this in the works. 

because news do not travel to everyone easy.

is everyone doing their fair share to spread the news? facebooks, twitter , reddit etcs

World is full of scams. They need proof. Kosmost wrote, he has written offer. Let him publish scan of it. Than it will be BIG NEWS. Without that, it is just a claim for them.

I'm not sure if Kosmost can scan the document and post it here in the open for anyone to see...
Probably only Karma team members should given access to it.

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Triffin
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August 12, 2014, 08:44:07 PM
 #4575

Sniff ..  Cry Cry Lill .. we hardly knew her .. and now she's gone ..

Triff ..

socoban
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August 12, 2014, 08:49:30 PM
 #4576



$2.5 million just for lill?

Wow?  How does that work out for karma coin holders?  And why isn't karma booming from such an offer?  No other alts has anything like this in the works. 

because news do not travel to everyone easy.

is everyone doing their fair share to spread the news? facebooks, twitter , reddit etcs

World is full of scams. They need proof. Kosmost wrote, he has written offer. Let him publish scan of it. Than it will be BIG NEWS. Without that, it is just a claim for them.

I'm not sure if Kosmost can scan the document and post it here in the open for anyone to see...
Probably only Karma team members should given access to it.


It is possible. Anyway, I trust Kosmost that his claim is true. But if I did not have experience with Kosmost before, I would definitelly nod belive that. 2,5 million USD is huge. Big news without price pre pump and pre buy are suspicius. There was not insider trading, just big dumping last week. 600 LTC worth of KARM dumped yesterday. The question is, do we want the price of KARM to pump? If the news are true, than let's buy as much as we can. Miners will be heavidly dumping till end of August, than will be block reward reduced from 35000 to 20000.  
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August 12, 2014, 09:38:57 PM
 #4577



$2.5 million just for lill?

Wow?  How does that work out for karma coin holders?  And why isn't karma booming from such an offer?  No other alts has anything like this in the works. 

because news do not travel to everyone easy.

is everyone doing their fair share to spread the news? facebooks, twitter , reddit etcs

World is full of scams. They need proof. Kosmost wrote, he has written offer. Let him publish scan of it. Than it will be BIG NEWS. Without that, it is just a claim for them.

I'm not sure if Kosmost can scan the document and post it here in the open for anyone to see...
Probably only Karma team members should given access to it.


It is possible. Anyway, I trust Kosmost that his claim is true. But if I did not have experience with Kosmost before, I would definitelly nod belive that. 2,5 million USD is huge. Big news without price pre pump and pre buy are suspicius. There was not insider trading, just big dumping last week. 600 LTC worth of KARM dumped yesterday. The question is, do we want the price of KARM to pump? If the news are true, than let's buy as much as we can. Miners will be heavidly dumping till end of August, than will be block reward reduced from 35000 to 20000.  

The fact that there was no prepump/prebuy before the news were released just proves how legit and trustworthy Kosmost and the rest of the dev team is.
I suspect that not even other people from the dev team (other than Kosmost) knew about the new VC offer.

I tried the best I could to know about the news (kosmost told he would only talk about LILL news when the block explorer was up again) , but Kosmost is impossible to break... eheh  Grin

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bitwho
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August 12, 2014, 10:06:09 PM
 #4578

yup. Even us higher up did not get a peep out of him.

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August 13, 2014, 12:04:57 AM
 #4579

Improving Karma block explorer and get API services

Dear community. Lets come together and pick up this tab Wink
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August 13, 2014, 12:36:16 AM
 #4580

Who made this offer? The bartender i dont see any value in what was revealed so far. and why was 1st offer 6.5 million rejected and then 2.5 mil was excepted?before any votes shouldnt more info be public?
or do you think more than enough info has been released?is there a letter of intent?is a a letter showing credit wortheness?in my mind there should at least be a letter of intent even if non binding before talks even started
even if the deal fell thru you would have documents showing interest?as far as i know there is none of this

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