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Topic: [ANN][KARM] Karma / ₭ / X11 - page 184. (Read 583278 times)

hero member
Activity: 514
Merit: 500
August 30, 2014, 11:12:40 AM
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.
sr. member
Activity: 314
Merit: 250
August 30, 2014, 10:17:27 AM
Quote
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.
sr. member
Activity: 532
Merit: 250
August 30, 2014, 07:29:06 AM
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.
pac
newbie
Activity: 27
Merit: 0
August 30, 2014, 07:24:05 AM
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.
hero member
Activity: 560
Merit: 500
August 30, 2014, 07:16:18 AM


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.
sr. member
Activity: 532
Merit: 250
August 30, 2014, 07:14:13 AM
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 Wink
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.
full member
Activity: 184
Merit: 100
August 30, 2014, 07:01:00 AM
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.
pac
newbie
Activity: 27
Merit: 0
August 30, 2014, 07:00:22 AM
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 Wink
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.
legendary
Activity: 1344
Merit: 1001
August 30, 2014, 05:44:38 AM
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 Wink
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.
sr. member
Activity: 532
Merit: 250
August 30, 2014, 05:09:28 AM
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 Wink
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.
legendary
Activity: 1344
Merit: 1001
August 30, 2014, 04:57:11 AM
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 Wink
No one should hold coins on exchanges!

But it still doesn't answer my question.
sr. member
Activity: 532
Merit: 250
August 30, 2014, 04:47:05 AM
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 Wink
No one should hold coins on exchanges!
legendary
Activity: 1344
Merit: 1001
August 30, 2014, 04:34:51 AM
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.
sr. member
Activity: 532
Merit: 250
August 30, 2014, 03:41:31 AM
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!
legendary
Activity: 1344
Merit: 1001
August 30, 2014, 03:27:20 AM
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?
hero member
Activity: 798
Merit: 1000
August 30, 2014, 03:21:00 AM
Quote
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.
sr. member
Activity: 532
Merit: 250
August 30, 2014, 03:18:50 AM
Quote
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.
hero member
Activity: 798
Merit: 1000
August 30, 2014, 03:17:24 AM
As a POC holder you only receive any profits for the quarter you did hold your coins (at least more than 30 days).
I repeat, you receive ZERO shares, so you will only receive anything while the Karmashare members want the POC model is active.
If you want to be able to receive profit shares from Karmashares regardless of this POC model being terminated or not, and to be able to vote for anything Karmashares related, you need to buy shares.



from the website itself

Quote
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.

http://www.karmashares.com/

I would suggest that someone updates the website if this is not the case.
sr. member
Activity: 532
Merit: 250
August 30, 2014, 03:13:34 AM
"They may worth 50.000 shares, but they ARE NOT 50.000 shares.
I repeat... the 1:1 model for holding coins does not give you any Karmashares! It only gives you part of the profits made by Karmashares while you were holding the coins."


Finally you guys got it...I know when Karmashare s LLC created...Apple company never gives the shares if you dont invest in Apple company....  
                                                  
BUY NOW AND EXCHANGE AS YOU CAN

really? this is contrary to everything i have read.
not that it makes much difference anyways because Karmashares are not actual "shares" just membership in an LLC and a share in the profits.

LLC companies do not have shareholders, only members.

so whether you own the rights to a share in the profits or own karmashares which entitle you to a share in the profits.. its all the same to me.


There are very big diferences.
One big difference is that Karmashares members can vote... and being able to vote they can vote to terminate the POC 1:1 profit sharing.
Coin holders are not the same as Karmashares members...
sr. member
Activity: 532
Merit: 250
August 30, 2014, 03:07:35 AM
I don't understand the confusion....It has been explained time and time again...including a few times in the last few pages.  If you hold your coins you maintain control of them but only get 1000 to 1 Karmashares ration.  If you send any coins to Karmashares you receive 1000 to 1.75 share ratio.  The advantage of the first is holding your coins and being able to decide when you want to sell them or not.  The advantage of the second is that you get almost twice as many shares and twice as much revenue for the lifetime of Karmashares.  It also helps fund Karmashares which in turn increases its ability to generate profit as well as increasing the value of your coins.  Either way, holding or sending to Karmashares are better options than selling at this point.  

Thanks,

What if I don't want to convert my karmacoin to Karmashares? No way, I am not planning to sell any of my karmacoins.

It was explained in the post before:

"If you hold your coins you maintain control of them but only get 1000 to 1 Karmashares ratio" meaning if you have 50million coins they are worth 50.000 shares...

They may worth 50.000 shares, but they ARE NOT 50.000 shares.
What the POC model (which can be terminated anytime soon) allows is coin holders to receive profit shares in a 1:1 ratio for the time they hold the coins, but not any karmashares!!!
The only way to get Karmashares is by exchanging coins for shares.
Also, only buying Karmashares gives you voting rights.
I repeat... the 1:1 model for holding coins does not give you any Karmashares! It only gives you part of the profits made by Karmashares while you were holding the coins.

So, if you believe Karma, then buying shares may be the best decision.
If not then just hold your coins for some time, and sell them when you think it is OK to sell.

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

Yes, it can (and I think it will) terminate in the next quarter. Karmashares members can vote right now to terminate the POC holding program.
But as other forum member already told, it seems (I'm not sure... because I'm not officially part of the Karma team) that you will get "dividends" from this quarter if the sell is made even if the POC program is terminated today. This is because the holding coins gives you part of the profits from the quarter when you holded your coins.
I repeat, you receive ZERO shares by holding coins, so you will only receive anything while the Karmashare members want the POC model is active.
If you want to be able to receive profit shares from Karmashares regardless of this POC model being terminated or not, and to be able to vote for anything Karmashares related, you need to buy shares.

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