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Topic: [ANN][KARM] Karma / ₭ / X11 - page 307. (Read 583121 times)

kosmost
hero member
Activity: 1022
Merit: 501
Creator of the ICO
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 11:47:00 PM
#2413
Quote from: CatKiwi on June 14, 2014, 09:26:12 PM
Any reason why the backside has fallen out of our coin on Mintpal? What's with all the dumping? Anything at all happened that we/I haven't heard about yet?

This happens every weekend.

But, yeah, I suppose lots of people are thinking about football right now.
bitwho
legendary
Activity: 1274
Merit: 1000
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 11:17:27 PM
#2412
after the storm comes the calm.

I know we would like to see the coin at 1000 Satoshi but at least now people who feared that they missed on great opportunities, they have the chance to catch up

The good thing is we got a nice low bar now in 150s. But how much longer will this last




Don't forget. this could be the additional 1.3 gh that jumped on us as we spiked. we are at 3 gh/s as we speak!

Very soon , the block reward will cut in half. this will prevent from a lot of selling happening at once.
altcoingood
full member
Activity: 172
Merit: 100
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 10:37:09 PM
#2411
Quote from: CatKiwi on June 14, 2014, 09:26:12 PM
Any reason why the backside has fallen out of our coin on Mintpal? What's with all the dumping? Anything at all happened that we/I haven't heard about yet?
it's sunday...
AGcrypto
full member
Activity: 126
Merit: 100
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 09:51:20 PM
#2410
Quote from: mouseman on June 14, 2014, 09:42:37 PM
Man, I like this A-L-O-T. Another great idea I havent really seen on some of the other forums I lurk on. Yeah, this doesn't have to have anything to do with having a domain hosted in the USA or anything else for that matter in terms of a "business entity" in the USA and deal with their arcane laws. Maybe their are other countries that this can jive and flourish without government legislation/restriction. I also agree that the individual/S putting something like this together could really make a fortune off even just the tiniest of % on each bet. Isn't their a few high profile BTC betting sites like this....well ok...a bit different...but sealswithclubs or others for example?

Quote from: CatKiwi on June 14, 2014, 08:25:49 PM
Quote from: AGcrypto on June 14, 2014, 07:59:24 PM
Quote from: CatKiwi on June 14, 2014, 07:16:53 PM
Anyone able to make a permanent sports betting website where we can bet on the result of Rugby, Soccer, Cricket etc. Matches ONLY in Karmacoin?

I reckon we should do that and then have a 1% fee on every bet to the person who built the site - forever.



The Karma LLC can't, our company is based in the states and what you are suggesting would be governed by the US online gambling laws.

I know that - I'm thinking about anyone else - a private individual with the means and the know-how to build an online sports betting website. They would make an absolute fortune when KARM really takes off - if there is one thing people like doing as much as MAKING money its gambling it away ;-)

Yep, gambling is a billion dollar industry and I am sure a well designed website could very easily make a very nice profit. I haven't really looked for that type of site before so I am not sure if any are already running you should lill it and see.
mouseman
sr. member
Activity: 257
Merit: 250
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 09:42:37 PM
#2409
Man, I like this A-L-O-T. Another great idea I havent really seen on some of the other forums I lurk on. Yeah, this doesn't have to have anything to do with having a domain hosted in the USA or anything else for that matter in terms of a "business entity" in the USA and deal with their arcane laws. Maybe their are other countries that this can jive and flourish without government legislation/restriction. I also agree that the individual/S putting something like this together could really make a fortune off even just the tiniest of % on each bet. Isn't their a few high profile BTC betting sites like this....well ok...a bit different...but sealswithclubs or others for example?

Quote from: CatKiwi on June 14, 2014, 08:25:49 PM
Quote from: AGcrypto on June 14, 2014, 07:59:24 PM
Quote from: CatKiwi on June 14, 2014, 07:16:53 PM
Anyone able to make a permanent sports betting website where we can bet on the result of Rugby, Soccer, Cricket etc. Matches ONLY in Karmacoin?

I reckon we should do that and then have a 1% fee on every bet to the person who built the site - forever.



The Karma LLC can't, our company is based in the states and what you are suggesting would be governed by the US online gambling laws.

I know that - I'm thinking about anyone else - a private individual with the means and the know-how to build an online sports betting website. They would make an absolute fortune when KARM really takes off - if there is one thing people like doing as much as MAKING money its gambling it away ;-)
AGcrypto
full member
Activity: 126
Merit: 100
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 09:38:21 PM
#2408
Quote from: AGcrypto on June 14, 2014, 09:36:02 PM
Quote from: CatKiwi on June 14, 2014, 09:26:12 PM
Any reason why the backside has fallen out of our coin on Mintpal? What's with all the dumping? Anything at all happened that we/I haven't heard about yet?

Nope a pull back is normal especially after a huge run up in a short time. Plus there were three cup games on today so a lot of people are watching the games and not the exchange. Just look at it as a discount sale on karma, stock up while you can.

You can tell by the daily trade volume it's only about 35-45% of what it has been.
AGcrypto
full member
Activity: 126
Merit: 100
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 09:36:02 PM
#2407
Quote from: CatKiwi on June 14, 2014, 09:26:12 PM
Any reason why the backside has fallen out of our coin on Mintpal? What's with all the dumping? Anything at all happened that we/I haven't heard about yet?

Nope a pull back is normal especially after a huge run up in a short time. Plus there were three cup games on today so a lot of people are watching the games and not the exchange. Just look at it as a discount sale on karma, stock up while you can.
CatKiwi
full member
Activity: 154
Merit: 100
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 09:26:12 PM
#2406
Any reason why the backside has fallen out of our coin on Mintpal? What's with all the dumping? Anything at all happened that we/I haven't heard about yet?
AGcrypto
full member
Activity: 126
Merit: 100
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 08:39:14 PM
#2405
Too bad I couldn't make it to Brazil to catch a few games I could have made a karma banner and got us some international tv time  Grin
AGcrypto
full member
Activity: 126
Merit: 100
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 08:34:59 PM
#2404
Quote from: CatKiwi on June 14, 2014, 08:25:49 PM
Quote from: AGcrypto on June 14, 2014, 07:59:24 PM
Quote from: CatKiwi on June 14, 2014, 07:16:53 PM
Anyone able to make a permanent sports betting website where we can bet on the result of Rugby, Soccer, Cricket etc. Matches ONLY in Karmacoin?

I reckon we should do that and then have a 1% fee on every bet to the person who built the site - forever.



The Karma LLC can't, our company is based in the states and what you are suggesting would be governed by the US online gambling laws.

I know that - I'm thinking about anyone else - a private individual with the means and the know-how to build an online sports betting website. They would make an absolute fortune when KARM really takes off - if there is one thing people like doing as much as MAKING money its gambling it away ;-)

Lol yep that sounds like a good t-shirt saying to sell in Vagas.
CatKiwi
full member
Activity: 154
Merit: 100
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 08:25:49 PM
#2403
Quote from: AGcrypto on June 14, 2014, 07:59:24 PM
Quote from: CatKiwi on June 14, 2014, 07:16:53 PM
Anyone able to make a permanent sports betting website where we can bet on the result of Rugby, Soccer, Cricket etc. Matches ONLY in Karmacoin?

I reckon we should do that and then have a 1% fee on every bet to the person who built the site - forever.



The Karma LLC can't, our company is based in the states and what you are suggesting would be governed by the US online gambling laws.

I know that - I'm thinking about anyone else - a private individual with the means and the know-how to build an online sports betting website. They would make an absolute fortune when KARM really takes off - if there is one thing people like doing as much as MAKING money its gambling it away ;-)
AGcrypto
full member
Activity: 126
Merit: 100
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 08:02:26 PM
#2402
Quote from: AGcrypto on June 14, 2014, 07:59:24 PM
Quote from: CatKiwi on June 14, 2014, 07:16:53 PM
Anyone able to make a permanent sports betting website where we can bet on the result of Rugby, Soccer, Cricket etc. Matches ONLY in Karmacoin?

I reckon we should do that and then have a 1% fee on every bet to the person who built the site - forever.



The Karma LLC can't, our company is based in the states and what you are suggesting would be governed by the US online gambling laws. The contest we did with the World  Cup was a fund raiser for a charity.
AGcrypto
full member
Activity: 126
Merit: 100
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 07:59:24 PM
#2401
Quote from: CatKiwi on June 14, 2014, 07:16:53 PM
Anyone able to make a permanent sports betting website where we can bet on the result of Rugby, Soccer, Cricket etc. Matches ONLY in Karmacoin?

I reckon we should do that and then have a 1% fee on every bet to the person who built the site - forever.



The Karma LLC can't, our company is based in the states and what you are suggesting would be governed by the US online gambling laws.
CatKiwi
full member
Activity: 154
Merit: 100
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 07:16:53 PM
#2400
Anyone able to make a permanent sports betting website where we can bet on the result of Rugby, Soccer, Cricket etc. Matches ONLY in Karmacoin?

I reckon we should do that and then have a 1% fee on every bet to the person who built the site - forever.

AGcrypto
full member
Activity: 126
Merit: 100
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 06:52:06 PM
#2399
Bah i should have bet on Italy they look strong, unlike my disgraceful Spain.
learminer
hero member
Activity: 559
Merit: 500
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 06:39:38 PM
#2398
Weekend + Woldcup = Silent coin communities. Smiley

BTW luqas0891, awesome shirt. The price seems very fair!
CatKiwi
full member
Activity: 154
Merit: 100
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 05:13:23 PM
#2397
Where is everyone??
kosmost
hero member
Activity: 1022
Merit: 501
Creator of the ICO
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 08:48:40 AM
#2396
Quote from: luqas0891 on June 14, 2014, 07:29:08 AM
Welcome
we were able to produce T-shirts with the logo of Karma far only white photo of a black t-shirt I'll be able to post tomorrow afternoon

What do you think if the price $ 18 plus a free mug with the logo of the karma coin is good?
Technology is the print plus annealing which is very durable and does not destroy after 3 washes
Is 10% of each sold in the goal to help promote Karma coin is sufficient suggestion?
Payment of course only in Karma coin Smiley


Nice. But if you need the one with just "Karma" let me know. I have only a PNG file but it should be good enough.
luqas0891
newbie
Activity: 48
Merit: 0
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 07:29:08 AM
#2395
Welcome
we were able to produce T-shirts with the logo of Karma far only white photo of a black t-shirt I'll be able to post tomorrow afternoon

http://pow.home.pl/pw/karma_tshrit1.jpg

http://pow.home.pl/pw/karma_thisrt2.jpg

What do you think if the price $ 18 plus a free mug with the logo of the karma coin is good?
Technology is the print plus annealing which is very durable and does not destroy after 3 washes
Is 10% of each sold in the goal to help promote Karma coin is sufficient suggestion?
Payment of course only in Karma coin Smiley

Chargin
full member
Activity: 184
Merit: 100
Re: [ANN][KARM] Karma / ₭ / X11
June 14, 2014, 07:09:45 AM
#2394
Quote from: CatKiwi on June 14, 2014, 06:43:12 AM
Quote from: Alphi on June 14, 2014, 06:17:48 AM
Quote from: Chargin on June 14, 2014, 05:24:34 AM
Quote from: Alphi on June 13, 2014, 11:00:46 PM
Quote from: Chargin on June 13, 2014, 08:48:39 PM
I think we should request Mintpal hold off on opening the Bitcoin market for 2 weeks, until the next block halving (well the next block thirding) in 10 days. Hopefully the block thirding will put us at over 5 satoshi (breaking the sell wall at 300 LTC). I can imagine a 5 satoshi sell wall forming on the Bitcoin market to match the sell wall at 300 LTC.  Roll Eyes I can also imagine a 5 BTC buy wall forming which would cause the price to go insane, however I'd prefer to be cautious.

Chargin.

Chargin you yourself pointed out the risks of having such a rapid drop in block reward just a few days ago.
surely it must have occurred to you that if this coin does not move to BTC market before the block reward dropping to 1/3 it may very well not be able to do so in the short term.

block reward halving can only have one of two outcomes.. either the price rises to match the new reward structure or the hash rate drops.
this effect is likely to be amplified since the reward is dropping down to 1/3

I'm curious.. have you decided to throw away all of your concerns simply because of the price rise in recent days?

I for one am happy to see more fresh faces in the community and healthy prices but this level of price growth (more than 100% every few days) is not sustainable.

I don't think an attack is imminent, it is more likely to occur after the next block halving than this one.

Why do you believe Karma needs to move to the Bitcoin market before the block reward halving?

put it this way... if Mintpal opens a BTC market before reward halving then it is guaranteed to happen because we are already sitting well above 140 litoshi.
if a significant drop in hash rate occurs and causes a downward correction in the price then you may not see that BTC market for a long time.

now hash rate alone does not dictate the price of a PoW coin but it does form the basis of many peoples views on how strong a coin is both in terms of security and community participation.
and it is with those views that they make trading decisions on whether to buy or sell.

I'm simply saying that it is clear that people want the opening of the BTC market. That is one of the main factors that caused this recent rally to happen. So with that in mind it is better to give the people what they want than to risk them not getting it if the market rally loses momentum. (which it appears to be doing)

personally I don't really care if it moves to BTC or not. In the long run it will have little effect on the price even though recently it appears to have caused some nice short term volatility for traders like myself.


Fully agree. It must happen before the block thirding. We saw what happened to Doge. Every one predicted a price increase on that first block halving - instead nethash dropped by 60% and the price dropped hard. It doesnt have the effect some people here seem to think.  

We must strike while the iron is it - while KARM is still on the front page of Mintpal, still in the view of everyday traders. Once that volume dies down it is going to be EXTREMELY hard to get that BTC pairing. We need to unlock the market from the 300 Litoshi whale and the other manipulators.

If we can spread the coins out over the LTC and BTC market - and BTC markets have a lot more traders with much more to trade with - then we break the absolute power of these people pushing the price lower and lower with 20 litecoin sell walls every couple of Litoshi. Much harder to hold a market down when you have to split your coins over BTC and LTC to do so, much greater risk of someone snapping your sell wall up too.

Just having the announcement from MINTPAL saying "Congrats Karmacoin! KARM/BTC pairing now up again!" will bring new people and more importantly new bitcoin to the market.

Hmm...well you two seem more sure than me so lets do it then. Tongue
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