[ANN][KARM] Karma / ₭ / X11 - page 17.

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Here's an experiment you can do at home Grin

Click on page 390 above. Do you see the date?

All of 2016's threads are on pages 392-398.

An entire year on 6 pages.

So, who's really involved with this community? Since I made an appearance on page 399 with Bitwho's post, there have been nearly 2x more posts in 1 week than all of 2016.

Looking for 2015? On 28 pages, from page 364.

Sorry, but that's the end of the story.

tinaken_v

hero member

Activity: 561

Merit: 500

Quote from: kosmost on June 14, 2017, 07:46:05 AM

Quote from: tinaken_v on June 14, 2017, 07:31:11 AM

Quote from: kosmost on June 14, 2017, 07:10:07 AM

Quote from: luckyguy2807 on June 14, 2017, 06:57:57 AM

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?

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. However, for the bigger picture it doesn't make sense.

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....

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.

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

algreen

sr. member

Activity: 403

Merit: 250

Quote from: kosmost on June 14, 2017, 07:52:20 AM

Quote from: kosmost on June 14, 2017, 06:55:09 AM

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

We need action, not just talk. Any takers?

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.

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.

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

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.

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Quote from: kosmost on June 14, 2017, 06:55:09 AM

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

We need action, not just talk. Any takers?

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.

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Quote from: tinaken_v on June 14, 2017, 07:35:57 AM

Quote from: luckyguy2807 on June 14, 2017, 06:57:57 AM

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?

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.

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?

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Quote from: tinaken_v on June 14, 2017, 07:31:11 AM

Quote from: kosmost on June 14, 2017, 07:10:07 AM

Quote from: luckyguy2807 on June 14, 2017, 06:57:57 AM

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?

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. However, for the bigger picture it doesn't make sense.

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....

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.

tinaken_v

hero member

Activity: 561

Merit: 500

Quote from: luckyguy2807 on June 14, 2017, 06:57:57 AM

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?

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.

tinaken_v

hero member

Activity: 561

Merit: 500

Quote from: kosmost on June 14, 2017, 07:10:07 AM

Quote from: luckyguy2807 on June 14, 2017, 06:57:57 AM

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?

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. However, for the bigger picture it doesn't make sense.

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....

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Quote from: luckyguy2807 on June 14, 2017, 06:57:57 AM

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?

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.

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Quote from: KARMA MOON on June 14, 2017, 06:52:17 AM

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

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

luckyguy2807

full member

Activity: 266

Merit: 100

Crypto Enthusiast

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?

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

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

We need action, not just talk. Any takers?

KARMA MOON

newbie

Activity: 7

Merit: 0

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

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Quote from: tinaken_v on June 14, 2017, 06:39:03 AM

It is just fucking stealing people money!!! And running a ICO to fill his pockets and people with KARMA coins will not get anything....

Proposal:

1. New coin - 76,084,000 Coins (1:1000 of the current supply)
2. Swap being done by a escrow or Yobit.
3. All not swapped coins of the new coin will be DESTROYED!!!
4. The swapped coins will be DESTROYED too!!!
5. NO FUCKING ICO/PREMINE/DEV FUNDS SCAM!!!

And in fact we don't need a swap at all... we need some more markets for KARMA to move things around. Look what happened with MOON. If we can get KARMA on Bittrex then the price will already move a lot higher then just 1 sat. All this swap/ico bullshit is not needed at all. Create a new website/promote the coin/ get it listed on more exchanges and everything can continue like how it has been moving now.

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?

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Quote from: tinaken_v on June 14, 2017, 06:32:30 AM

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...

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?

tinaken_v

hero member

Activity: 561

Merit: 500

tinaken_v

hero member

Activity: 561

Merit: 500

Quote

Swap: No. Too much "bad" Karma. This is a fresh start. We all have Karma. Some of us have lots of Karma (like myself) and don't really want to lose it. But we also must think about the big picture and how performing a swap might severely hurt (or kill) Karma in future as those stolen coins are also swapped with the good ones.

Everyone here will have a chance to buy Karma before everyone else catches on to it. (But the release will be publicly-announced here. And everyone will have an opportunity to buy cheap coins and make up for their losses. Current market cap at which buyers can be found is about $2,000,000. And that's without adding any value. The new market cap will start out at about $300,000 with plenty of room for growth. To the MOON!)

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!!!

magpr

legendary

Activity: 1190

Merit: 1006

tinaken_v

hero member

Activity: 561

Merit: 500

Quote from: kosmost on June 13, 2017, 08:36:31 PM

Quote from: tinaken_v on June 13, 2017, 04:51:38 PM

Quote from: kosmost on June 13, 2017, 02:46:19 PM

Quote from: tinaken_v on June 13, 2017, 02:42:29 PM

Quote from: kosmost on June 13, 2017, 02:37:11 PM

Quote from: tinaken_v on June 13, 2017, 02:28:30 PM

Sorry but why do we need a swap? Can people not focus on the original KARMA coin... and get this one moving? Why should we even talk about swaps... Who will do the swap? You need a good escrow to do this, and not just the new dev that does the swap. Also it should already be listed on exchanges like Yobit. As why would anybody want to swap KARMA coin to another coin when that coin is even not listed on a exchange like KARMAToken in the past???

It has been mentioned before, but it doesn't mean that is the best way to go.

With Karma on Ethereum, we could be listed on Bittrex and other exchanges. It would be the same.

It's good to consider several options and weigh pros and cons of each, not just the ones we have a personal preference for. Also, to illustrate that multiple aspects are being considered.

As long as the swap is fair and people can trade it... then it is moving in the right direction... Why not something similar then ZEC... that 5% of the new blocks goes to dev and not having those massively premine amount of dev (when you check what happens with coins with premine on Yobit then you know what i mean)...

Considering how many billions of bad coins we have there would be no way to make it fair. Maybe with some future technology to investigate the blockchain but it's not something we can do now.

What's to prevent someone who stole coins, for example, from swapping their coins for the new coin?

Perhaps the best way is a fresh start.

What i mean with fair is:

For example the following:

1,000,000 KARMA coins will become 1 new KARMA coin. This will reduce the number of coins by 1/1,000,000 so only 76,076,000 million coins will be available.

1. Assign a escrow (the best would be Yobit infact) to do the swap.

2. All unswapped coins needs to be destroyed too. (again the best would be Yobit)

3. Create a new coin using ETH/ZEC/ or any other latest technology to make the coin up to date.

4. Find a team that work on the new coin in interest of the coins that they own in the current KARMA stake and not asking a ridicules 5% ... 10% .. or 12.5% premine... else i can also do the swap myself. Give me 12.5% premine, i will launch a coin, create a website and done... taking home 5 - 10 BTC....so the new coin needs to be done by people out of charity and not out of premine that they can dump.

So how do we avoid the billions in stolen Karma being exchanged for new Karma? That's the important question.

It could be a significant portion of the current supply (!).... 20-40 billion in stolen coins

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...

Topic: [ANN][KARM] Karma / ₭ / X11 - page 17. (Read 583111 times)