[ANN][KARM] Karma / ₭ / X11

[Maurizio]

Just remember to freak the fuck out and PANIC!

And on a serious note keep an eye out for big buywalls that pop in and out as those are better signs of coming dumps than sellwalls, sellwalls are used to keep prices down, buywalls to push them up. On the last dump there was a 200 ltc wall on 36 which was removed before the dump.
Of course whales are not stupid and probably are adapting strategys as i write this.

Lol, nice gif Luda

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[Bierworst]

Just remember to freak the fuck out and PANIC!

And on a serious note keep an eye out for big buywalls that pop in and out as those are better signs of coming dumps than sellwalls, sellwalls are used to keep prices down, buywalls to push them up. On the last dump there was a 200 ltc wall on 36 which was removed before the dump.
Of course whales are not stupid and probably are adapting strategys as i write this.

Not totally true. Yesterday on the second dump there was a 700/800 ltc sell wall on 110 or 100. They keep adapting. I hope their coins are finnished soon

[Bierworst]

Can i say, with caution, that this is the true price of karma atm?
I mean, if you dump it to death 3 times and it comes back to 110, you must have a pretty damn stable price.

Its impressive after 3 major dumps.
If we hear nothing anymore  from kosmost today, it will drop from 100 to 10lite.
But as always we trust in kosmost.

Why would it? Our price mostly is based on miners. If they dump at 10 litoshi they will make hugh losses.

[pdogg147]

Not totally true. Yesterday on the second dump there was a 700/800 ltc sell wall on 110 or 100. They keep adapting. I hope their coins are finnished soon

I saw about 350 LTC temporarily show up on the sell side at 70 litoshi or so during todays dump.

[socoban]

Can i say, with caution, that this is the true price of karma atm?
I mean, if you dump it to death 3 times and it comes back to 110, you must have a pretty damn stable price.

Its impressive after 3 major dumps.
If we hear nothing anymore  from kosmost today, it will drop from 100 to 10lite.
But as always we trust in kosmost.

Why would it? Our price mostly is based on miners. If they dump at 10 litoshi they will make hugh losses.

This is true only if KARM keeps current hashrate&dificulty. If for any reason some coin lost trust, price is dumped by previous holders at lose, than it is not profitable to be mined, miners will not mine, than dificulty will retarget to lower levels. There are many such coins which were dumped to sub $1000 market cap. Karm is designed to mine 1 block per minute, with lower hashrate dificulty will be lower too.

[Bierworst]

Not totally true. Yesterday on the second dump there was a 700/800 ltc sell wall on 110 or 100. They keep adapting. I hope their coins are finnished soon

I saw about 350 LTC temporarily show up on the sell side at 70 litoshi or so during todays dump.

True, these sell walls are fake,

If you look closely, it is only 1 sell order selling at low prices, then sporadic some people who lost fait selling at 70 for a few ltc. The other 95% dont want to sell at those low prices

[pdogg147]

Not totally true. Yesterday on the second dump there was a 700/800 ltc sell wall on 110 or 100. They keep adapting. I hope their coins are finnished soon

I saw about 350 LTC temporarily show up on the sell side at 70 litoshi or so during todays dump.

True, these sell walls are fake,

If you look closely, it is only 1 sell order selling at low prices, then sporadic some people who lost fait selling at 70 for a few ltc. The other 95% dont want to sell at those low prices

No, the same person was dumping when I saw this. I think they simply put in an entire sell at one price and then kept moving down.  Not sure why they did it that way.

[BitTanker]

Not totally true. Yesterday on the second dump there was a 700/800 ltc sell wall on 110 or 100. They keep adapting. I hope their coins are finnished soon

I saw about 350 LTC temporarily show up on the sell side at 70 litoshi or so during todays dump.

True, these sell walls are fake,

If you look closely, it is only 1 sell order selling at low prices, then sporadic some people who lost fait selling at 70 for a few ltc. The other 95% dont want to sell at those low prices

buy orders is not fake 250 LTC (mintpal) 47 LTC (Cryptsy) is mine

  

[youseeberkeley]

Someone trying to drop price to pick up cheap coins before kosmost's announcement. 

[ptman]

Someone trying to drop price to pick up cheap coins before kosmost's announcement. 

If someone is trying that then he/she is failing miserablely!

[Bierworst]

Not totally true. Yesterday on the second dump there was a 700/800 ltc sell wall on 110 or 100. They keep adapting. I hope their coins are finnished soon

I saw about 350 LTC temporarily show up on the sell side at 70 litoshi or so during todays dump.

True, these sell walls are fake,

If you look closely, it is only 1 sell order selling at low prices, then sporadic some people who lost fait selling at 70 for a few ltc. The other 95% dont want to sell at those low prices

it is not fake 250 LTC (mintpal) 47 LTC (Cryptsy) is mine

  

Im talking sell walls, not buy walls haha. I hope you are able to buy them at those prices

[pdogg147]

Someone trying to drop price to pick up cheap coins before kosmost's announcement. 

If someone is trying that then he/she is failing miserablely!

Yeah Epic Fail!

[BitTanker]

Not totally true. Yesterday on the second dump there was a 700/800 ltc sell wall on 110 or 100. They keep adapting. I hope their coins are finnished soon

I saw about 350 LTC temporarily show up on the sell side at 70 litoshi or so during todays dump.

True, these sell walls are fake,

If you look closely, it is only 1 sell order selling at low prices, then sporadic some people who lost fait selling at 70 for a few ltc. The other 95% dont want to sell at those low prices

buy orders is not fake 250 LTC (mintpal) 47 LTC (Cryptsy) is mine

  

Im talking sell walls, not buy walls haha. I hope you are able to buy them at those prices

yesterday bought 450 000 000 million very happy!

 

[ptman]

Not totally true. Yesterday on the second dump there was a 700/800 ltc sell wall on 110 or 100. They keep adapting. I hope their coins are finnished soon

I saw about 350 LTC temporarily show up on the sell side at 70 litoshi or so during todays dump.

True, these sell walls are fake,

If you look closely, it is only 1 sell order selling at low prices, then sporadic some people who lost fait selling at 70 for a few ltc. The other 95% dont want to sell at those low prices

buy orders is not fake 250 LTC (mintpal) 47 LTC (Cryptsy) is mine

  

Im talking sell walls, not buy walls haha. I hope you are able to buy them at those prices

yesterday bought 450 000 000 million very happy!

Holy crap...

You bought it very cheap!

[Bierworst]

Not totally true. Yesterday on the second dump there was a 700/800 ltc sell wall on 110 or 100. They keep adapting. I hope their coins are finnished soon

I saw about 350 LTC temporarily show up on the sell side at 70 litoshi or so during todays dump.

True, these sell walls are fake,

If you look closely, it is only 1 sell order selling at low prices, then sporadic some people who lost fait selling at 70 for a few ltc. The other 95% dont want to sell at those low prices

buy orders is not fake 250 LTC (mintpal) 47 LTC (Cryptsy) is mine

  

Im talking sell walls, not buy walls haha. I hope you are able to buy them at those prices

yesterday bought 450 000 000 million very happy!

Wow, marry me!

If only i had some cashflow to spend...

[socoban]

Not totally true. Yesterday on the second dump there was a 700/800 ltc sell wall on 110 or 100. They keep adapting. I hope their coins are finnished soon

I saw about 350 LTC temporarily show up on the sell side at 70 litoshi or so during todays dump.

True, these sell walls are fake,

If you look closely, it is only 1 sell order selling at low prices, then sporadic some people who lost fait selling at 70 for a few ltc. The other 95% dont want to sell at those low prices

buy orders is not fake 250 LTC (mintpal) 47 LTC (Cryptsy) is mine

  

Im talking sell walls, not buy walls haha. I hope you are able to buy them at those prices

yesterday bought 450 000 000 million very happy!

 

can you dump it please?

[ryannguyen18]

It is 11:30 am in California, please calm down everyone...

[ptman]

If everyone of you that is hitting F5 repeatedly was doing something usefull to improve the Karma economy, then we would be number one already 

[Danbcf]

If I was the karma team, I sell lill and use the money to buy karmas and raise the price to create an upward current that makes other investors bet on karma.
With 600 BTC you can raise the price up to 30 satoshis, what do you think?

so guys like you can sell of your Karma's to the rising prices and get huge profits at the expense of LLC and shareholders and supporters of the coin... Bravo... ingenious plan, but don't be so obvious 

You do not know me, I'm buying karma from the first week, yesterday my last 2.60 BTC during the most panic sell  lived in the recent history of karma. And I have not sold anything.
Of course I hope to take profits but still enough time left for that time.

[bondi]

This all "dumping" situation revealed we need a proper way to identify all the top addresses.
Is it too hard to implement something like this?

http://bitinfocharts.com/top-100-richest-bitcoin-addresses.html