Topic: [ANN][KARM] Karma / ₭ / X11 - page 17. (Read 583250 times)

Why should they dump? That person that stole all those ETH coins didn't impact the price...

Kosmost, as i remember you a karma dev, and you have a dead karma coin now. After years of silence you try to start another copy-paste coin? Without swap of karma? You can try to do it, but many people have a zero trust to you. If you manage to hold a karma swap you can recover your reputation.

Let's put some of this anger from a few people into perspective a bit.

Are you really more upset that I want to revive Karma and bring it to many more people than you are upset at the people who stole almost half of Karma's economy?

How much anger and frustration have I read toward the people who have stolen billions of coins, on this thread? 0.

Think about that for a moment.

A bit mis-directed perhaps. Why not lead (or join) the effort to do Karma Classic and swap coins, instead?

The reason we 4 took charge before in 2014 is because no one else would.

The reason I am taking charge now is because no one else is. Even though a couple of us are complaining, I'm pretty sure nothing will come of it as much as I want to believe it would. East's efforts are great (as I've said many times recently) but the fact is that he has his own threads to worry about, and hasn't been able to post in this one for nearly a year.

It's not as easy as it may seem because, well, people are often dramatic and want to pee on you for no reason whatsoever.

Anyone?

ummm.. if I may suggest. Start a new wallet address for a dev fund that people can donate to, or maybe you can develop it yourself if you have the expertise.

but I guess that's why they call it bitcointalk instead of bitcoinaction. Same as before. Just complaining without doing anything about it. Just protesting without offering viable solutions. Just arguing from emotions, not reason.

It doesn't really take that much more effort.

I hate to burst your bubble but that was a few days ago when I "waltzed in here"

https://yobit.net/en/trade/KARMA/BTC#1M

https://bitcointalksearch.org/topic/m.19438204

Those sound like good ideas. Do you want to be the community leader for the effort and make them happen? You don't have to be a dev to lead the community. I'm sure the Karma community would greatly appreciate it.

What do you think?

38 days ago is "ages"? Not really. It seems quite recent. Not everyone paying attention to Karma or Karma's price moves their coins around often.

That's a tremendous risk you're talking about. We're not talking about 2-3% of coins but 30-50% of total coins. A big difference. If you're comfortable with that, I'm not sure how to respond.

We can't just think of ourselves, however. What about future holders? What about the price going up steadily? What about trying to get Karma into the hands of millions of people all around the world? Do that and the vision is dead, and it would have very little value.

Allow people with billions in stolen coins the opportunity to dump when we get to 5, 10, 20, 50, 100 satoshis? They would keep dumping, that's for sure. Karma may never rise again under that scenario. You're assuming they don't check to see which coins are the biggest gainers for the hours, day or week. A very risky assumption when you're trying to rebuild.

In fact i don't understand why we suddenly not to start thinking of a swap... Last month there was a huge amount of buying in KARMA. Lets try to get KARMA on Bittrex. Get on a marketplace with trading volumes of 60000 BTC per day and not just 3000 BTC. The current KARMA coin can hit 10 sats, it just need some word spreading, bigger exchanges, and no need for swaps at all.

Those it matter.... ETC is based on a blockchain with someone that stole for $50M of ETH coins.... and look how it has been moving up... with those $50M stolen ETC coins.... The amount that was stolen is ridicules low when you compare it with the total amount. and another point is that those so called stolen coins didn't move for ages... maybe they even don't have those coins at all....

There are multiple billion-dollar wallets with stolen coins, not just Cryptsy's. Karma Classic could be looking at about 30-50% stolen coins being swapped.

Still, no one has answered the question of how they can be prevented from being swapped.

I would love to swap my coins, as I've stated. I'm one of the biggest Karma holders on here. However, for the bigger picture it doesn't make sense.

Not sure if the Karma classic team would want to do an ICO but it sounds interesting.

I've been watching this thread for 2 weeks now and it's very hilarious. Crypto is an open community, anybody could do a coin, wallet, blockchain, or even to revive a community. Nobody showed up for months or even years and when someone is trying to do something everybody is complaining. You had time until now to revive this coin or at least to stand out. Now that kosmost appeared nobody is satisfied, everybody wants to trade they're karma. Go find an exchange, paired it with ltc or doge at start growing from there.

If kosmost wants to make a new coin, without having the risks of the Cryptsy wallet why not?

 

I have a question.. Who is going to lead the Karma Classic team? Anyone?

We need action, not just talk. Any takers?

I think the opinion of Kosmost is correct.
However, those investing in karma coin will explode complaints of losing value.
So how about adding a bonus to the new karma coin ICO as many as you have the current karma coin? Even those who stole the biggest wallet would have to invest money in a new karmic coin. For example, 5% for 1 million kalma coins, 10% for 10 million karma coins, 15% for 100 million karma coins

Let's think more clearly about this.

Where do you see anything about an "ICO" or "premine" being done? Dev funds? Are you suggesting that having funds for development is a bad idea?

Scam? umm.. sure.

You're welcome to help with Karma Classic. Would you like to do that?

The largest wallet right now is a stolen exchange wallet.

Would you like the person who last transferred Karma from there 36 days ago to be able to swap 15 billion coins?

This is fucking UNACCEPTABLE!!!!! Everybody will LOSE their MONEY!!!! THIS REALLY SMELLS LIKE SCAMMING PEOPLE!!!! I'VE KARMA COINS AND I WANT TO SEE REAL SWAP/ REAL FAIR SWAP AND NOT YET A SECOND SCAM SWAP!!!

Stolen coins.... you mean the coins on cryptsy.... you cannot just start a new coin without giving people that have KARMA coins a fair partial of the new coin else how will you answer the question for those  560 Billion coins that were NOT stolen.... ETC also have for MILLIONS of stolen coins!!!!! It is all simple. Continue with the original KARMA coin like what they are doing with MOON etc and give some value to KARMA... or starting scam swaps what happened with KARMAToken...

Then I suppose we shouldn't be asking these types of questions. It would be creating more drama, and it's probably better for Karma to look forward to a brighter future. (And no, I didn't run away. I was being personally attacked by certain members of the community as well as my own team because I refused to allow insider trading and announced that the LLC would be shut down to everyone at the same time. But one person who did so posted recently in support of the new efforts, so that should be something. No hard feelings, in the spirit of Karma.)

But please don't minimize the efforts of the good people in this thread, including the 4 community members who took over the coin from the developer when he abandoned the coin (Shawn, Bitwho, East, and myself). To say that only East has done something is missing important ingredients. It would not have survived without these four. All one would have to do is check this thread, the old thread, and the subreddit to find the real story. But anyone who was actually part of the community at the time knows how 90% of the work got done.)

Let's move on, shall we? No point in posing emotional arguments like these that can never be reasonably satisfied.

And please let us know how Classic is going. I think you should do it (not that my vote matters). Would we be able to swap our current Karma coins? When do you plan to start?