Topic: [ANN][KARM] Karma / ₭ / X11 - page 180. (Read 583278 times)

Good effort, good luck.

Okay in an attempt to help the KARMA community to understand in simple to read format what is going on in Karma, I will attempt to prepare a website where:

KARMA and KARMASHARE related FAQs will be found
SIMPLE VIDEO how-tos for karma/cryptos will be found
Karma dispenser/faucet will be linked.
Karma community shared pictures will be displayed.

I will pay for the hosting and I will do the website work.

You will all be invited to the opening which I will announce here when I have successfully done all of the above.

-east

I think its the time zone where the offices are, in this case there's still 11h30 to go....

Meanwhile...

If a big bag holder of KARMA here can hire a refutable dev from ODESK or some FREELANCE site, to make him/her a dispensing GUI(web based) so that people can directly order KARMA coins, then maybe it can help to set up some REMITTANCE shops (I can imagine 2 sources of profits to anyone willing to do this).

Maybe we can also continue the idea of recruiting thru FACEBOOK accounts when that Karma whale hires a dev . http://karmashares.com/forums/index.php/topic,535.msg2961.html#msg2961

And another thing that can help our coin to have stable market value is to remove LOW SELLS, If you agree that Karma is under valued, only put sell order on the FAIR VALUE (what do you think is our fair market value 10satoshis? then put your sell order only on that level) or remove your coins from the exchanges all together.
The lesser coins in the exchanges the more stable our market will become.

This is a very opportune time, let us move fast and decisively to put Karma to where it should be IN SERVICE OF THE PEOPLE.

IF we want this to help remittance sender, let us try to build the infra now.
IF we want to make Karma to micro finance entrepreneur let us build the infra now.
IF we want to make Karma the digital currency for online purchases, let us build the infra now.

IF you hold a big bag of KARMA think how big will you benefit when we succeed in getting these balls rolling. DON'T SIT THERE. Build.

Well, im in the netherlands. So only 3 hours left. Or is there a timeframe given by our oh so mighty Kosmost

12 hours left to buy last Karma for holding 

14 litoshi crash seems like a carefully executed market manipulation to create panic sell... he only sold big chunks at certain price points and mostly to himself at prices where there is only his buy orders.

Everyone please check your wallet asap, ensure no lost Karma and encrypt it.

Karma, the coin trading around 130. 2.5% of the total coin supply gets dumped in 5(!!!) minutes. The price dumps to 14(!!!!) litoshi, and it just goes back to 130, because karma doesnt care about the dump, karma makes sure everyone feels like nothing bad has happened.

Glad I was watching the price, got several million coins on the 2nd wave.
Couldn't believe when I saw the price drop and buy orders at 92litoshi...

I have seen BTC sold for $102, when it cost $700 day before, LTC at $2, when the price was $9 minutes before. LTC at 1 yuan, dumped form 70. Trading bots, stop/loss, human errors, panic selling .... anything can happen. Lesson learned, it is alway good to have long term cheap buy orders and lower them more and more if price drops. Same is with sell orders, it is good to have them high, just in case of unexpected pump.

Tomorrow, the buyer at 14 litoshi will give the buggest champaign party ever given.
I hope we are all invited!!

And I thought someone putting 30 litoshis buy order is dreaming...

200+MILLIONS for 14 litoshis?

Who can explain that? Well, check your wallets if your have not lost anything. Let this one do his own thing ^_^.

The most important thing is that your own accounts and coins are still there.

To those who yelled SCAM, and insider trading. KARMA will get you hahaha

looking at history most of those order were sold on the same second. consistently. order of 20 ltcs,,, 1 ltc and 40 ltc worth within the same second. this is work of a bot. Considering no ltc was traded back to btc market and no other ltc market has any volume (pnd has over 1200 ltc but it seems they are experiencing massive dumping).To me it doesn't make any sense to be a human selling to cash out.

Simple bot-sale manipulation 101

annoying. now there is also a coin offering trading bot. so tons of news inexperience cryptoenthusiast are all of the sudden playing the ping-pong bot :/

we're gonna see a lot of coins rise in prices with no volume to back them up pretty soon

How many people you know have such low buy orders? I went through many coins and almost ll of them have no buy orders. Nobody expect KARM will crash to 14 satoshi. It is possible someone sold coins to himself, losing some small money on high orders but having high volume on lowest price on his own orders. Tme most of the volume on second dump was on low orders.

hmm i hope it is not an hacked account. Now that i think about some one tried to log in into my mintpal 2 days back. Maybe they got successful with some one else


being since each sell was almost on the dot this seems the be a bot execution. Probably to cause panic sells. The LTC/BTC market are all low so no one exchanged ltc back for btc to cash out. therefore it seems this culprit is still active waiting for the low sells to buy back


Still.. it doesnt make sense. the price came all the way down to 14 litoshi..

As a precaution, please make sure your coins are secure.

If on an exchange, put them in your wallet.

If in your wallet, make sure you have encrypted it with a difficult password.

If you have a large balance associated with a single wallet you may even consider breaking up your balance into multiple wallets to further minimize risk.

Also, make sure you have a decent anti-virus/anti-trojan program running on your computer and have scanned your computer at regular intervals.

Anyone else, please feel free to add to this.

I reported this to Mintpal and Cryptsy just in case it was a hacked account and for the off chance that they can actually do something to recover the funds if so.

Chargin.

Well bitwho, i did my very best to give an explanation that this would be the dumbest thing devs would do because of the low amount of money, meaning you devs could not have scammed us.

Take care

Thank you kosmost, we are awaiting the good or bad (no news) tomorrow:) i hope you are well!