Topic: [ANN][KARM] Karma / ₭ / X11 - page 348. (Read 583278 times)

Of course. But I will be updating r/karmashares only with stuff cross-posted from forum. Feel free to add what you will to the subreddit.

Karmashare.me is separate from the forums, of course. So having the forums does not affect Karmashare.me at all.

finally registered at http://karmashares.com/forums/index.php 


So happy to have a forum where everything will be under one roof. Just want to make sure we must maintain reddit subreddit and Karmashare.me. Reddit because its a place where a lot of other crypto users go to. Karmashare because it will be the social network for regular joes to go and post a picture of their lunch that they bought with Karma!! 

That's still pretty low, though. We have a lot to go. We need more liquidity in order to create a market.

BTW, is there any project in the works for an auction site?

I guess you weren't watching for the last few weeks when we averaged 1-2 BTC on Mintpal and .5BTC on Cryptsy for 24 hours day after day.

Are you going to say that  again in a couple of weeks when we are higher?

I believe that Karma is highly undervalued right now. Very few actually know what we are doing. Even those that read about or come across us aren't really putting 2 and 2 together just yet. All it takes it one article explaining what is obvious to most of us already.. then the current prices will be just a dream.

How much volume... where? Cryptsy has seen about 3 BTC in 24h. Mintpal has seen about 5. That's not much volume.

I still can't get over how much more volume we have been seeing.  The word is getting out. People are wise in their investments, they aren't looking for the next pump, but the long term play.  Karma is it. 

Prices have been stalled for about 36 hours now. I think they have hit their holding point for now. They might go up, but the volume has been dropping so I wouldn't count on it yet. In other words, now is the time to buy in.

yeah.... oh man I had not much but converted all but doge into karma... I cannot possibly believe that doge goes lower... just waiting to get my investment back to buy more Karma!! However, in the end we all need to put effort into the iPOCO projects the make this a real success. I wish I could do more on the dev side... but it helps if we all keep believing in this thing! Distributed cooperations man. Distributed systems are everywhere. I am just writing a phd on resilient systems. Diversity and redundancy is the key for sustainability in ALL systems. Distributing the economy is just logical and the only way to get over those crash cycles found everywhere where dependency is too high

Australia? Me too!

Look at the prices go. Starting to wish I put more money in...

Hehe. I mean when i get a Btc freed up. As in i have one Btc from other investments. I try to day trade other coins. Buy them low and sell then high. Sometime coins get a good bump.

That's the reason why i say i would not sell my karma coins anytime soon. Most likely. Never. Probably keep investing them in other projects like the LLC. Because once i sell. Even i would make a profit i was never after a small gain and i probably would not be able to get my coins back.

Simple example. You buy 200 mills at 1 Btc. . Sell at 60 for double profit. At this moment i have 2 btcs but no coins. Most likely the price will not come down so if i buy back i would have to try to buy back at 3-4 litoshis back. But there is no chance i will be able to buy 200 mills at that price. Most likely 70 mills. So now i have 1.3 Btc and 70 mill karma. Yes i made 0.3 profit. But i only own 70 mills karma. And as time goes on. It will continue to be expensive to buy more. Making this kind of trade bad. Because of ability to buy back is harder because the coins get scarce. Whats the point of missing out for. 0.3 gain? Not worth it.  Well. Because i believe in karma.

How did you get a free BTC to invest??

Well. When i buy. I do not go buy up and up. I out an order at a fixed price. Because i have enough karma. But since i get a free Btc to invest then i would place the order about 2-4 litoshis down and let it sit there. My buy order will guarantee me that if people sell it would get me more coins then i go and buy up to 50s. At the same time it pushed the other people buy order up. Anyone who would want to buy they would place a higher order or sit there and wait for my coins to get bought first.

That 100 LTC buy wall at 40 is extremely risky. Sparse support until 33 Litoshi which was our previous stable price level before the pump. If they genuinely wanted coins they would stagger the orders upwards. When I see large Buy walls like that I know they are slowly dumping their coins above it. Gonna watch for a while before I buy any more.

Seems to me like there was genuine buyers followed by miner selling or some shaky hands . As we can see no a lot of dumpers so we have a new high walls now in mid 40s. As the days pass that floor is going to get higher and higher. Not easy to dump your coins and be able to buy back to get back to same bag hold as before.

Who ever bought at 30 and sold at 50 now have the ability to buy back less coins. The real pump and dumps are effective if they can buy at 30 and then crash it back to 30s to buy back and sell again high. This cycle is how they are able to get some ltcs. But when the price doesn't fall back and stay high they just lost their leverage.

So i doubt it was anyone trying to pump it so dump it with gaining. Just genuine buyers followed by some shaky hands. This is healthy. Who ever bought at these prices , if they did it to sell back with profit they will sell them back at 70s or more. 

Hence to me it doesn't look like a pump cycle. Just an ordinary healthy cycle. Created by people who want to buy and hold and previous buyers that sold that do not care about the coin and want to get some ltcs.

We welcome this cycles. Because who ever wants to buy now and sell back at 70s for profit will create us a higher low floors. This is because most of the buyers that they will sell at 70s will be of people who want to hold their coins.

We can easily see this as the numbers of coins on sell in mintpal is getting slammer and smaller. Two months ago we had over 2 billions on sell at all exchanges. Now they are at 800k (checked from last night)

Keep selling you big bags now. There will be no one selling them back to you. : )

im in AUS.. works here..

It hung for me for a second and had to hit reload, but still there.

Definitely folks still loading up.  Hopefully they hold for the 20 Satoshi later this year!

Works for me.

It's up for me.