[ANN][KARM] Karma / ₭ / X11

[pabloangello]

I have half of mine Karma holded for 6 months (more than 10mln) and other half holded for 3 months.

Let's say I will withdraw half to buy Karmashares today and the rest will still be in my wallet.

So if my half == 10mln Karmas then I will buy 17500 Karmashares (?yes?)

Will I still be eligible to recieve profits by holding my second half of Karmas in wallet despite I would withdraw some today?

Where is your Karma holded?
In your wallet or an exchange?
If it is in an exchange then it is the exchange owner who will be able to get the POC profits.

Honestly, I think if you exchanged all your coins to shares right now you would get profits both for your coin holding time and for the shares (in case there are profits obviously...).
So you would get 2.75x (1 from POC holding + 1.75 from the shares).

But I'm not sure!
I'm even not from the team!

All my Karmas I have in my private wallet not on exchange.

Very good
No one should hold coins on exchanges!

But it still doesn't answer my question.

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[ptman]

I have half of mine Karma holded for 6 months (more than 10mln) and other half holded for 3 months.

Let's say I will withdraw half to buy Karmashares today and the rest will still be in my wallet.

So if my half == 10mln Karmas then I will buy 17500 Karmashares (?yes?)

Will I still be eligible to recieve profits by holding my second half of Karmas in wallet despite I would withdraw some today?

Where is your Karma holded?
In your wallet or an exchange?
If it is in an exchange then it is the exchange owner who will be able to get the POC profits.

Honestly, I think if you exchanged all your coins to shares right now you would get profits both for your coin holding time and for the shares (in case there are profits obviously...).
So you would get 2.75x (1 from POC holding + 1.75 from the shares).

But I'm not sure!
I'm even not from the team!

All my Karmas I have in my private wallet not on exchange.

Very good
No one should hold coins on exchanges!

But it still doesn't answer my question.

From what I understand you can do that.
But please confirm that you leave at least 5 million in one of your Karma addresses to that you can continue to receive POC profits from those 5 million Karma.

[pabloangello]

I have half of mine Karma holded for 6 months (more than 10mln) and other half holded for 3 months.

Let's say I will withdraw half to buy Karmashares today and the rest will still be in my wallet.

So if my half == 10mln Karmas then I will buy 17500 Karmashares (?yes?)

Will I still be eligible to recieve profits by holding my second half of Karmas in wallet despite I would withdraw some today?

Where is your Karma holded?
In your wallet or an exchange?
If it is in an exchange then it is the exchange owner who will be able to get the POC profits.

Honestly, I think if you exchanged all your coins to shares right now you would get profits both for your coin holding time and for the shares (in case there are profits obviously...).
So you would get 2.75x (1 from POC holding + 1.75 from the shares).

But I'm not sure!
I'm even not from the team!

All my Karmas I have in my private wallet not on exchange.

Very good
No one should hold coins on exchanges!

But it still doesn't answer my question.

From what I understand you can do that.
But please confirm that you leave at least 5 million in one of your Karma addresses to that you can continue to receive POC profits from those 5 million Karma.

I plan to buy karmashares for more than 10 mln and leave more 10 mln in the wallet as well.

[pac]

I have half of mine Karma holded for 6 months (more than 10mln) and other half holded for 3 months.

Let's say I will withdraw half to buy Karmashares today and the rest will still be in my wallet.

So if my half == 10mln Karmas then I will buy 17500 Karmashares (?yes?)

Will I still be eligible to recieve profits by holding my second half of Karmas in wallet despite I would withdraw some today?

Where is your Karma holded?
In your wallet or an exchange?
If it is in an exchange then it is the exchange owner who will be able to get the POC profits.

Honestly, I think if you exchanged all your coins to shares right now you would get profits both for your coin holding time and for the shares (in case there are profits obviously...).
So you would get 2.75x (1 from POC holding + 1.75 from the shares).

But I'm not sure!
I'm even not from the team!

All my Karmas I have in my private wallet not on exchange.

Very good
No one should hold coins on exchanges!

But it still doesn't answer my question.

From what I understand you can do that.
But please confirm that you leave at least 5 million in one of your Karma addresses to that you can continue to receive POC profits from those 5 million Karma.

I know you are just trying to help and you mean well, but you are making questionable assumptions and wrong statements and that’s not helping anyone.

[Chargin]

why was this made so confusing?

Because it's not a legal corporation.  Review their public disclosures -- they have not actually provided evidence of an established LLC anywhere -- all it takes is ONE (1) day to form a company in any state

If they can not show their Certificate of Incorporation document signed by the secretary of state where they incorporated?  You are likely being being scammed.

As a "shareholder" you have rights to see their paperwork...

-dvd

All it takes is ONE (1) minute to find out if a company exists. Google "Wyoming company search", then click on the first link, then search for the name of the company.

https://wyobiz.wy.gov/business/FilingDetails.aspx?eFNum=246229136064038174204147173144118117246130251192

Chargin.

[ptman]

I have half of mine Karma holded for 6 months (more than 10mln) and other half holded for 3 months.

Let's say I will withdraw half to buy Karmashares today and the rest will still be in my wallet.

So if my half == 10mln Karmas then I will buy 17500 Karmashares (?yes?)

Will I still be eligible to recieve profits by holding my second half of Karmas in wallet despite I would withdraw some today?

Where is your Karma holded?
In your wallet or an exchange?
If it is in an exchange then it is the exchange owner who will be able to get the POC profits.

Honestly, I think if you exchanged all your coins to shares right now you would get profits both for your coin holding time and for the shares (in case there are profits obviously...).
So you would get 2.75x (1 from POC holding + 1.75 from the shares).

But I'm not sure!
I'm even not from the team!

All my Karmas I have in my private wallet not on exchange.

Very good
No one should hold coins on exchanges!

But it still doesn't answer my question.

From what I understand you can do that.
But please confirm that you leave at least 5 million in one of your Karma addresses to that you can continue to receive POC profits from those 5 million Karma.

I know you are just trying to help and you mean well, but you are making questionable assumptions and wrong statements and that’s not helping anyone.

If I said something you know is wrong please correct me.
I did state that I was not sure... And yes... like you say I'm only trying to help.

[mashac]

Haha, yeah, terminate it just shortly before "dividents" are being shared and you will get the shit sued out of you.

Nope. There was never an official starting date for the program announced.

[pac]

You need to keep 10 million in your wallet, not 5 like you say. The questionable assumption left is the 2,75x combo. All others were addressed by alphi I see.

[ptman]

You need to keep 10 million in your wallet, not 5 like you say. The questionable assumption left is the 2,75x combo. All others were addressed by alphi I see.

I thought the minimum was reduced to 5 million Karma some time ago.
Let's wait for someone from the Karma team to answer these questions.

[socoban]

Can I Become a Shareholder Without Exchanging Coins?
Of course. Starting around May 11 if you keep 10,000,000 coins in your wallet for 30+ days you'll automatically be eligible for membership. (In fact, we'll put you down as a shareholder even if you forget to notify us.) The exact date this will begin will be posted to this website.

I would suggest that someone updates the website if this is not the case.

OK. Now I'm confused...
Please someone from the Karmashares team... clarify this...

yep that's why I said there seems to be no difference if you buy karmashares or hold your coins for 30+ days (the only difference being the proportion of your membership)..
its also why people are getting confused... there are too many people contradicting each other lol.

I agree more clarity is needed.

Just sent my 80 mil to karmashares llc address : 
KPyqaTL9qQ5BiVBjcaZo9Bov7ZjE1NFS3m and i got 140000 shares .
For this shares i get 0.0622% from karmashares llc company and 0.1773% 
so if they have profit i will get 0.1773% from it.

I dont think that keeping coins the price will rise to get more money so Is much better to change coins with shares because you will get a part 
from company and profit for life of it.
Now you have all details.

This post is SCAM, the exchange KARM adress is not KPyqaTL9qQ5BiVBjcaZo9Bov7ZjE1NFS3m. DO not send coins there!!!!  KarmPro is scammer, with 0 posts. Please delete this scammer post immediatelly, he wants to steal your KARM.

[jaipagare]

I have a problem syncing my Karmacoin wallet. It's been more then a week I am trying to sync wallet but it fails. Any suggestions?

Karma Version v0.8.6.2.5

Also,
If any wish to sell Karmacoins please PM me.

[easteagle13]

To those who will choose to send coins for karmashare points this is THE ONLY ADDRESS OF KARMASHARES LLC:

K8rMbDnZ7xX9VqBXmLwA7DCnYra1ftw3gE

If you send it to other address please do not be complaining about lost coins.

[ryannguyen18]

KPyqaTL9qQ5BiVBjcaZo9Bov7ZjE1NFS3m is scammed...

1) Share Points List: http://karmashares.com/explorer-v01     

2) Transaction List:
http://explorer.karmacoin.me/address/K8rMbDnZ7xX9VqBXmLwA7DCnYra1ftw3gE

I think the last day to buy is August 31 (Hong Kong time ) if you count 30 days to until Sept 30

[easteagle13]

Can I Become a Shareholder Without Exchanging Coins?
Of course. Starting around May 11 if you keep 10,000,000 coins in your wallet for 30+ days you'll automatically be eligible for membership. (In fact, we'll put you down as a shareholder even if you forget to notify us.) The exact date this will begin will be posted to this website.

I would suggest that someone updates the website if this is not the case.

OK. Now I'm confused...
Please someone from the Karmashares team... clarify this...

Anyway I think they will only be regarded as shareholders for the period they holded the coins.
They are like temporary shares.

What you read from KARMASHARES.COM are the official policies at the moment UNTIL AMENDED BY THE SHAREHOLDERS.

Who are the shareholders/members as defined by karmashares LLC? Everyone with 10Million Karma kept in their wallet for at least 30 days as of the SUBJECT DATE and everyone who exchanged their coins (5M minimum) for karmashares in our LLC. This arrangement started from MAY 11, 2014 until amendment. http://karmashares.com/ Please read the questions and answers.

What is the thing referred to by:  "The exact date this will begin will be posted to this website" is the sentence before it. "In fact we'll put you down as a shareholder even if you forget to notify us" Why? Because the back end to realize that efficiently is not yet in place. So at this time, you can keep 10M and be eligible for the quarter's profit share but the process will be done manually (you have to send the address you kept your 10M and LLC can check the transactions done on that address.), This is under consideration for changes after September 01, 2014. As shown by the posts in our home forum. http://karmashares.com/forums/index.php/topic,559.msg3377.html#msg3377


Will it be possible for you to end your profit share eligibility? Yes when you move you coins and transfer it somewhere. So the earning of 2.75X by keeping the coins for 30 days and then transferring them to LLC is not really true. (You end one by beginning the other)

-east

[easteagle13]

I have half of mine Karma holded for 6 months (more than 10mln) and other half holded for 3 months.

1. Let's say I will withdraw half to buy Karmashares today and the rest will still be in my wallet.

2. So if my half == 10mln Karmas then I will buy 17500 Karmashares (?yes?)

3. Will I still be eligible to recieve profits by holding my second half of Karmas in wallet despite I would withdraw some today?

Answers to numbered Questions above:

1. Possible, no problem
2. 10 000 000 = 10 000 share points ( NOT SHARES ) X 1. 75= 17500 share points YES THIS IS RIGHT (as exchanged to LLC shares)
3. If the remaining coins is 10 Million and above, yes, you are eligible for profit share. http://karmashares.com/

-east

[easteagle13]

You need to keep 10 million in your wallet, not 5 like you say. 1. The questionable assumption left is the 2,75x combo. All others were addressed by alphi I see.

2. I thought the minimum was reduced to 5 million Karma some time ago.
Let's wait for someone from the Karma team to answer these questions.

Answers to the Numbered Questions:
1. This is not possible, the eligibility for 1X for the coins kept in the wallet will end as soon as the coins is MOVED or transferred (even in exchange for karmashares LLC share points)

2. The minimum amount of coins that can be exchanged is reduced to 5Million which will be computed at 1.75X. http://karmashares.com/

-east

[socoban]

You need to keep 10 million in your wallet, not 5 like you say. 1. The questionable assumption left is the 2,75x combo. All others were addressed by alphi I see.

2. I thought the minimum was reduced to 5 million Karma some time ago.
Let's wait for someone from the Karma team to answer these questions.

Answers to the Numbered Questions:
1. This is not possible, the eligibility for 1X for the coins kept in the wallet will end as soon as the coins is MOVED or transferred (even in exchange for karmashares LLC share points)

2. The minimum amount of coins that can be exchanged is reduced to 5Million which will be computed at 1.75X. http://karmashares.com/

-east

As far as I understand it correctly, If I miss 30 days period for KARM coin holding, I will still be able to echange my coins whole September for KarmaShares and still get the same profit as any other Karmashares holder, right? So I can hold my coins in wallet since today and decide on 29 of september whether I want to exchange them for Shares or just keep them and wait for coin payout.

[blg425]

I bought 11 million coins on Mintpal and transferred them to my wallet on July 24th. I am still holding it has been well over a month. So do I get shares? I should, right?

[b1bl3.com]

Better to wait 1 Sept and see the announcement ,then we can talk ... there are around 2 days before ...

[ptman]

Better to wait 1 Sept and see the announcement ,then we can talk ... there are around 2 days before ...

Then be prepared for the possibility of paying much more for your shares ;-)