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Topic: [ANN][KARM] Karma / ₭ / X11 - page 248. (Read 583120 times)

hero member
Activity: 1022
Merit: 501
Creator of the ICO
July 19, 2014, 02:21:54 AM
Karmaward to Kosmost who is the heart and Soul of Karma

http://karmashares.com/forums/index.php/topic,487.0.html


Thank you for your kindness. I am humbled, and it was the best thing of my week when I first say it!
hero member
Activity: 1022
Merit: 501
Creator of the ICO
July 19, 2014, 02:20:31 AM
Although I generally agree, a few points.

LILL.com as a domain is ABSOLUTELY worth $! Speaking as someone who has played around with buying and selling domains. When Kosmost announced it as our domain, I immediately looked it up and was trying to discern how he purchased it and price paid. I still don't know, yet it has been tied up for over a decade or longer if memory serves me. I would have paid $10,000 just a few years ago if I could have swung the funding....and that is coming from the finances of a lill fish like me. If it was placed on some of the large domain sales websites a few years back when I was somewhat involved, I would have had my ice cream cone and bike stolen (and ghost ridden) and been kicked to the curb with my $10,000 bid as REAL investors walked all over that ridiculous offer. I'm jealous, I would love to have owned that domain.

SNIP:
"people are moving from web to phones,"

although I will probably always see value in creating websites that are viewed/used on desktops/laptops, I do agree that phone search and apps are very interesting as they pertain to Karma.  And again, if this sale goes through, I think we should matriculate the brainstorming over to EyeQoo location based mobile shopping and using Karma coin for all matter of tipping, advertising/marketing, etc etc. This would be a two way use of Karma allowing store owner advertisers to receive and tip Karma to/from shoppers. We wold of course receive advertising fees  for store owners, etc. The list really goes on and is unexhaustible.

As such, let be clear on this:
The sale of LILL.com cannot in any way deter the prospects to developing EyeQoo.
I would love to hear from Kosmost that a contract...if it ever came to that...for the sale of LILL.com would include very clear details that KarmaShares is under no exclusion clause agreement as to deter us from developing EyeQoo if we so choose.


 

Btw, how many of you did research on how many search engine is on the market and how many of them is rewarded? So, even BING is rewarding users and it is not helping. Check: http://archive.kare11.com/news/article/931941/0/Two-search-engines-that-reward-you-for-surfing-the-internet-

Also this: http://www.cnet.com/news/swag-bucks-earn-rewards-for-searching-the-web/


And there are many many more. People don't be blind, Lill is not bringing anything new, there are already many search engines with rewards and big companies behind them. I can imagine browser toolbar, I can imagine it will bring million every year, but it is simply a dream. Toolbars are dying concept, people are moving from web to phones, it will be harder and harder to get marketshare on such market. Phones are closed, no way you can put your toolbar into mobile browser. Lill is nothing unique, the domain value is almost 0, it is just 4 letter without real visitors. I don't know the technology behind lill is, but If it was created in few months, it is not wort $1,2 million itself. Until now KARMA was just risky investment for me. If Karma sells Lill.com for $1,2 I will feel much more comfortable knowing, there are funds, results and smart people behind. Also If we reject the offer, count with huge sell-off. People do not want to be part of company, where greed and dreams destroy smart decisions. Selling is sure moon way, not selling is fast crash.

I would tend to agree, and feel that EyeQoo could be just as big, if not bigger. The EyeQoo concept (as well as our other concepts) would be specifically excluded from the non-compete clause, as this would likely be the next thing I would want to focus on and push for.

But I don't agree that "...people do not want to be part of company". Any company is just a type of community, and I think people want to be a part of a community. We have an opportunity now to do something a big different with our global, internet-driven community. It's more than profits but finding ways to reward our community and society as a whole, I think. When people usually join companies they may think they are joining a great community and are often disappointed, as greed and politics get in the way. We're trying our best to find a way to go about business where such things won't be fed, and are looking at foundational ways to create such an environment.

Of course, not working like a company also presents some challenges (especially with regards to organization and responsbilities) but I think as we move along we can find an effective way of doing things while at the same time evolving our culture to a point where people will look at us and not see a company but more of a really unique and interesting cooperative-type community.

Thanks for your input Smiley
full member
Activity: 126
Merit: 100
July 18, 2014, 10:11:49 PM
I've had a couple interviews with crypto journalists over the past two days.  One more still to come.  Just wanted to pass it on to everyone, I will post links if anything gets published. 

Just want to say thank you to everyone who has been working so hard over the past few weeks.   KarmaWire.net is off the chain, Kosmost is slinging Karma around the globe in the EU, and Hiro is working away on X11.  Things are looking really good.  I'm very proud of this team!!!!

GO KARMA!!! Grin


I second that, very good job Team for we have come a very long way in so little time. The future looks very bright for Karma and rewarding for the Karmashares LLC. I too am proud to be working alongside my brothers and sisters on this hard working Team.  Go Karma!!!
hero member
Activity: 518
Merit: 504
July 18, 2014, 08:43:47 PM
I've had a couple interviews with crypto journalists over the past two days.  One more still to come.  Just wanted to pass it on to everyone, I will post links if anything gets published. 

Just want to say thank you to everyone who has been working so hard over the past few weeks.   KarmaWire.net is off the chain, Kosmost is slinging Karma around the globe in the EU, and Hiro is working away on X11.  Things are looking really good.  I'm very proud of this team!!!!

GO KARMA!!! Grin
full member
Activity: 126
Merit: 100
July 18, 2014, 08:56:35 AM
http://karma.miners-point.com  denied a manually withdraw of more than 100,000 KARM to me (yesterday)
I wrote to the support, no answer ...
Today only ~ 1000 KARM left on my account from this pool...
Shall I call this THEFT ?

First let me say that karma.miners-point.com is not affiliated with the Karmashares LLC in anyway. It is an independent pool that was added to the list on page one of this forum a long time ago and this is the first time i have heard of any issues with them.  I would recommend that you continue to attempt to rectify this issue with the dev of that pool. I can't speak on the skill level of this dev as I do not know who owns that pool but i can tell you running a pool especially if you are not a seasoned dev is very tasking. There are many issues that could go wrong that could cause the symptoms you are experiencing. If that dev continues to ignore you after a few days please let us know. While we have no control on how people conduct business on their own pools, we do have control on who we post on our forums. Any pool that is proven to be practicing Bad Karma by intentionally and maliciously robbing miners will be removed from our sites.
hero member
Activity: 559
Merit: 500
July 18, 2014, 06:19:59 AM
Yes, but even as speculation KARM under 1000 litoshi is cheap. When it get signed and the money will come to bank account and some dividends will be paid + some new projects development paid it should go to 3000-5000 litoshi. So either that news were known before and insiders have bought huge amount of Karma before, or it is high probability of fake news. But even if it is 90% fake, the price should double just based on speculation. something is wrong, maybe the whole alt coin crypto market is tired of huge losses. I am bull on alt coins and I think the next bubble even bigger than last one will come, but there are days I get frustrated by the price development... lol. I think bubble will start when the last bulls get tired and resign:) Maybe this is a sign, we are close to next bubble:)
This reminds me of the Karmashares developments 3 months ago. Us active community members had a good idea what was about to happen days in advance. That gave us some time to get cheap coins and once the final LLC announcements and bonus periods were launched people outside finally took notice. I get the feeling this could be similar.

Despite the "annoucnement" from kos, this is still pretty much news only followers of Karma know about. And despite the 27x increase in marketcap large circles of crypto-traders still don't know or care about Karma. That will change in time.

If the deal does get signed, word will spread around like wildfire. You'll see the market behave much differently and I wouldn't be surprised to see Karma reach double the previous peak (>1200 lit) in a very short amount of time. If the deal is turned down or fails, I expect Karma could drop to pre-BTC-market levels though (below 140 lit).
sr. member
Activity: 314
Merit: 250
July 18, 2014, 04:49:51 AM
Interesting, I thought KARMA price will explode immediately after the lill.com buy offer announcement. There was some movement up yesterday. The question is, why the hell is it not moving up fast?  If lill.com will be sold for $1.2 than 1 KarmaShare will be worth $0.015, hence anyone can trade 1000 Karma coin for 1.75 Karma share, the lowest possible price for 1000 Karma coin will be $0.022. 1 million Karma will be backed by $22.  

$22 = 2,5 LTC, hence on LTC market the minimal value will be 250 litoshi.    So, this means, even if KarmaShares company crash, it will own $1,2 milllion to be paid to shareholders. This means Worst case, even if everything crash, and all the projects of KarmaShares will fail and all crypto world will colapse, your KARM will still be worth 250 litoshi.  And since KarmaShares own 12 billion KARMA + it owns porjects in developement, the price should skyrocket to 1000+ litoshi immediately. Am I missing something? Or did already everyone in crypto tossed all his $$$ into crypto and have nothing more to invest?

I'm guessing the news hasn't spread like it should and people aren't aware of the implications of this...

Yes, but even as speculation KARM under 1000 litoshi is cheap. When it get signed and the money will come to bank account and some dividends will be paid + some new projects development paid it should go to 3000-5000 litoshi. So either that news were known before and insiders have bought huge amount of Karma before, or it is high probability of fake news. But even if it is 90% fake, the price should double just based on speculation. something is wrong, maybe the whole alt coin crypto market is tired of huge losses. I am bull on alt coins and I think the next bubble even bigger than last one will come, but there are days I get frustrated by the price development... lol. I think bubble will start when the last bulls get tired and resign:) Maybe this is a sign, we are close to next bubble:)
sr. member
Activity: 889
Merit: 253
July 18, 2014, 04:49:04 AM
Time to prove everything. Patience. Grin
sr. member
Activity: 348
Merit: 250
July 18, 2014, 04:37:33 AM
Interesting, I thought KARMA price will explode immediately after the lill.com buy offer announcement. There was some movement up yesterday. The question is, why the hell is it not moving up fast?  If lill.com will be sold for $1.2 than 1 KarmaShare will be worth $0.015, hence anyone can trade 1000 Karma coin for 1.75 Karma share, the lowest possible price for 1000 Karma coin will be $0.022. 1 million Karma will be backed by $22.  

$22 = 2,5 LTC, hence on LTC market the minimal value will be 250 litoshi.    So, this means, even if KarmaShares company crash, it will own $1,2 milllion to be paid to shareholders. This means Worst case, even if everything crash, and all the projects of KarmaShares will fail and all crypto world will colapse, your KARM will still be worth 250 litoshi.  And since KarmaShares own 12 billion KARMA + it owns porjects in developement, the price should skyrocket to 1000+ litoshi immediately. Am I missing something? Or did already everyone in crypto tossed all his $$$ into crypto and have nothing more to invest?

I'm guessing the news hasn't spread like it should and people aren't aware of the implications of this...
hero member
Activity: 798
Merit: 1000
July 18, 2014, 04:36:29 AM
Interesting, I thought KARMA price will explode immediately after the lill.com buy offer announcement. There was some movement up yesterday. The question is, why the hell is it not moving up fast.

because the deal isn't signed yet.

I'm not saying anyone is lying but announcements can be faked.
offers can be faked.
deals can fall through.

until there is something signed its all up in the air.

just watch it really explode when there is a dividend payout for karmashares investors. or if some of the money is reinvested back into acquiring more karma for the fund.

Karmashares has a development fund... which helped to stabilize the price somewhat.

coins like Nautilus claim that they are the first with a stabilization fund.

now imagine of some money from a successful business deal was invested into a Karma stabilization fund which actively traded KARM to BTC to keep the price from falling or rising too quickly.

with money in the bank the possibilities are endless.

sr. member
Activity: 314
Merit: 250
July 18, 2014, 04:28:18 AM
Interesting, I thought KARMA price will explode immediately after the lill.com buy offer announcement. There was some movement up yesterday. The question is, why the hell is it not moving up fast?  If lill.com will be sold for $1.2 than 1 KarmaShare will be worth $0.015, hence anyone can trade 1000 Karma coin for 1.75 Karma share, the lowest possible price for 1000 Karma coin will be $0.022. 1 million Karma will be backed by $22.  

$22 = 2,5 LTC, hence on LTC market the minimal value will be 250 litoshi.    So, this means, even if KarmaShares company crash, it will own $1,2 milllion to be paid to shareholders. This means Worst case, even if everything crash, and all the projects of KarmaShares will fail and all crypto world will colapse, your KARM will still be worth 250 litoshi.  And since KarmaShares own 12 billion KARMA + it owns porjects in developement, the price should skyrocket to 1000+ litoshi immediately. Am I missing something? Or did already everyone in crypto tossed all his $$$ into crypto and have nothing more to invest?
hero member
Activity: 826
Merit: 1000
'All that glitters is not gold'
July 18, 2014, 04:24:25 AM
http://karma.miners-point.com  denied a manually withdraw of more than 100,000 KARM to me (yesterday)
I wrote to the support, no answer ...
Today only ~ 1000 KARM left on my account from this pool...
Shall I call this THEFT ?
sr. member
Activity: 406
Merit: 250
July 18, 2014, 02:02:25 AM
X11 Update: We have been given an update by our dev. He is currently finalizing some work on an issue that he encounterd in testing and once complete we should be ready to move forward with our transition to X11. More information including the estimated transition date and block will be posted very soon.  We would like to thank you for your patience as we do all we can to ensure this transition goes as smoothly as possible.


good job.. currently it doesn't seem like there are any profitable X11 coins to mine.
if Karm can maintain a degree of profitability then it should be pretty easy to take a fair chunk of the X11 mining market share.


 How about URO or DRK ? Cheesy Cheesy

It is not profitable to mine DRK anymore. And I don`t see it becoming profitable for mining anytime soon. URO...you know it is total shitcoin? Right? I am with Karma from day one, but even I wasn`t expecting to become what it is now just in 2-3 months. In 8-10 satoshi range it will become obvious even for blind people what they should mine. Keep in mind that many of the farms are not working, because they are not profitable anymore. So, mine now, cause with a little increase of the price, the network hash rate will triple. At least.
hero member
Activity: 798
Merit: 1000
July 18, 2014, 12:50:13 AM
X11 Update: We have been given an update by our dev. He is currently finalizing some work on an issue that he encounterd in testing and once complete we should be ready to move forward with our transition to X11. More information including the estimated transition date and block will be posted very soon.  We would like to thank you for your patience as we do all we can to ensure this transition goes as smoothly as possible.


good job.. currently it doesn't seem like there are any profitable X11 coins to mine.
if Karm can maintain a degree of profitability then it should be pretty easy to take a fair chunk of the X11 mining market share.


 How about URO or DRK ? Cheesy Cheesy

URO: im not so sure about there are lots of scam allegations against them..

DRK: it seems like I am getting less DRK coin than it costs me to mine them...
could just be my setup but I do have the latest X11 X13 miner which gives about 30%-50% better hash

im only mining DRK right now because its winter here and the mining rig is helping to heat up my room.. albiet slowly bcos X11 generates much less heat than Scrypt.

I haven't actually tried to mine every X11 coin but the mining calculators tell me I would lose money if I tried.
hero member
Activity: 826
Merit: 1000
'All that glitters is not gold'
July 18, 2014, 12:39:07 AM
X11 Update: We have been given an update by our dev. He is currently finalizing some work on an issue that he encounterd in testing and once complete we should be ready to move forward with our transition to X11. More information including the estimated transition date and block will be posted very soon.  We would like to thank you for your patience as we do all we can to ensure this transition goes as smoothly as possible.


good job.. currently it doesn't seem like there are any profitable X11 coins to mine.
if Karm can maintain a degree of profitability then it should be pretty easy to take a fair chunk of the X11 mining market share.


 How about URO or DRK ? Cheesy Cheesy
hero member
Activity: 798
Merit: 1000
July 17, 2014, 11:31:13 PM
X11 Update: We have been given an update by our dev. He is currently finalizing some work on an issue that he encounterd in testing and once complete we should be ready to move forward with our transition to X11. More information including the estimated transition date and block will be posted very soon.  We would like to thank you for your patience as we do all we can to ensure this transition goes as smoothly as possible.


good job.. currently it doesn't seem like there are any profitable X11 coins to mine.
if Karm can maintain a degree of profitability then it should be pretty easy to take a fair chunk of the X11 mining market share.
full member
Activity: 126
Merit: 100
July 17, 2014, 11:11:29 PM
X11 Update: We have been given an update by our dev. He is currently finalizing some work on an issue that he encounterd in testing and once complete we should be ready to move forward with our transition to X11. More information including the estimated transition date and block will be posted very soon.  We would like to thank you for your patience as we do all we can to ensure this transition goes as smoothly as possible.
hero member
Activity: 798
Merit: 1000
July 17, 2014, 08:58:23 PM

this is probably a response to the mintpal hack

mintpal almost died on the weekend due to its lacking security.

exchanges are beginning to realize that the more coins they have the more doors they have for thieves to break in.

not only that but the actions of other exchanges can totally screw up their books even if they themselves don't get hacked...
in the case of the mintpal hack the vericoin blockchain was rolled back so all trades that happened at that time were voided. This would have created a headache for any exchange that was also trading VRC at that time.

so it makes sense that exchanges that do not have the resources to protect every coin wallet would begin delisting the ones that they feel aren't worth keeping.

don't take it personally.
hero member
Activity: 658
Merit: 500
newbie
Activity: 28
Merit: 0
July 17, 2014, 07:38:21 PM
Welcome aboard Parkkar and thanks for your well thought out post. Beck? You bet. If you have any connections there, sure a lot of us would be interested hearing about it and what is on your mind.

Some ideas to increase brand awareness:

- Find Youtubers that you like and enjoy their videos/feel they provide a good vibe/message then find them on twitter and follow them. Then send them a few karma as a thank you for what they do via the tipbot. Since they typically have many followers, this could be a good entry point into spreading brand awareness.

- Find new-media outlets/people who have close ties to charities. For example, Glenn Beck works with MercuryOne.org which is a great charity. Regardless of politics, the work that that charity does is fantastic. He also has been talking to his audience about Bitcoin lately on his radio program/web site and he has about a combined 10 million radio listeners/internet tv viewers http://vimeo.com/95295818. I think we should consider reaching out as a community to these types of people/organizations because not only can we do something good but people like Beck have a direct line to large audiences of people thereby increasing exposure. It would be a win/win. I think for things like this we just need to contact them, explain what Karma is and let them know ahead of time of any pushes we plan for their charities. We can then request a brief mention on the radio/website after a successful charity push. I'd be more then happy to try to work with TheBlaze/MercuryOne on this - but I feel timing is important. We should do these types of campaigns when there is a consensus that we are "ready" and Karma is at a good place to do so (from a functionality standpoint, not price). I mean, if Doge can send the Jamaican bobsled team to the Olympics and get their logo on a Nascar, surely we can do some good charity work and get Karma out there!

I'm new to the Karma community but glad to be here. Just wanted to share my thoughts and get a feel from the gang and the devs if this is something we all would be interested in.

Regards!

Hi parkkar,

Glad you are aboard.  If you have not joined our forum please feel free to do so at:  http://karmashares.com/forums/index.php  

We encourage new points of view and these ideas could be posted in the Marketing/PR subforum there.

Thanks for your enthusiasm!

pdogg147

Thanks for the welcome! No, I don't have any connections over at MecuryOne Studios... I'm just a fan of Becks and subscriber to The Blaze internet TV/radio. I figured since I'm passionate about both the blaze and karma that I wouldn't mind investing some time into trying to inform them of karma and any charity pushes we may propose doing for them. I'm an independent technology/business strategy consultant so I have a lot of experience in putting effective and polished proposals together. But with that said, if the plan is to have an official PR firm then we can let them handle communications - I'm just thinking if we wanted to move on something like this before we have such a firm on board.

I reached out to Glenn Beck and the MercuryOne charity on Twitter to let them know that we are considering doing charity pushes for good causes as well as to increase awareness of Karma. MercuryOne responded back and gave me an email address to speak in more detail. I emailed them to explain that since we are a community, we have to come to a consensus as to when we would do charity pushes, work out internal logistics, timing etc but that I just wanted to be proactive with them for planning purposes. I explained that this isn't necessarily a tomorrow thing but we wanted to open up a conversation. They seemed receptive and said to contact them again once we've made a determination as to what we want to do, how and when so their team can review.

So we're under no obligation to do this but we now have an open invite for further dialogue. Thoughts?

Great, charity work is really one of our original components in Karma vision and mission to properly coordinate this please send a PM to karmala, or karmakaguy which is our charities and causes moderator about this.

thank you very much for your initative! This is the Karma attitude we need. It is true that we are just at the beginning of our charity work and that we need to stabilize the price first. However, what we can do now is to establish connections and to formalize how we will execute charity in the future. I would like to encourage you to envision a way how Karma should approach this in the future. The community can discuss this and future thresholds of our development to start it! Please go on doing what you started and post updates in our forum workgroup: http://karmashares.com/forums/index.php/board,20.0.html

Please be our contact to these groups and bring your vision to Karma!

Will do!  Smiley

I'm working on an iOS app and website release for a client so my schedule is tight for the next few days but once we launch I will be able to dedicate more time to this. I'll drop a link to the KarmaShares thread in here once I put some concepts and ideas together.

Regards!
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