Topic: [ANN][KARM] Karma / ₭ / X11 - page 358. (Read 583121 times)

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I like the idea however the limits of how much is covered and protections put in place need to be very carefully considered. The potential for abuse could be huge.

The primary benefit (in addition to media attention) is we would be making eBay a viable but expensive exchange for Karma. It would be a direct, trustable, easy to understand link from fiat to Karma. This is one of the key things that Karma needs.

However the issue is eBay's current stance is that all "Virtual Currency" transactions should be listed as Classified Ads. This means that all the transactions are actually done outside of eBay and PayPal. There are no buyer OR seller protections.

Although eBay has expressed a willingness to work with crytpocurrencies Karma doesn't have enough market capitalisation to warrant eBay's review of any proposal especially if eBay can't easily duplicate it with other cryptocurrencies.

By implementing a system to protect one of the parties (I suggest the buyer) it is possible to make the transactions relatively safe for both parties as long as the seller puts its own protections in place. The only issue is the seller will need to make a payment method available so that the buyer can prove that they sent the funds but in a way that the funds transfer can't be reversed. I do not believe PayPal will make an exception for Karma just because the Company is backing the transaction. The block chain can be used to prove the seller has sent Karma. It should be the seller that pays for the service of the Company and as a result of this can charge a higher amount for their Karma. Importantly we are not required to work with eBay or PayPal to implement this.

The real drawbacks are:
1. Who in the Company has the time to run this;
2. Which seller do you trust enough to back them; and
3. Isn't this exactly the same as any off market sale of Karma except the buyer found the seller on eBay?

I've voted yes but there needs to be a real plan in place before it can be discussed properly.

Chargin.

I suggest that we push for Poloniex.

Do not leave all or large amount of your coins in exchanges.

1. Secure. (We have seen some cases)
2. (Now hold in the wallet) Invest in karmashares.
3. Market moves more easily.

 

Did you check prices? BTC just went to $500

OKCoin exchange has had a lot of btc volume last night.

Sure And it is more about 900$

you want $1000 for your cards? holy crap.

edit: never mind, i see it's for a full miner, not just the cards.

Everything is fine. Good. KARM

I sell my 2xR9 280X rig for 200 000 000 Karma or 2 BTC ! Worldwide shipping at your cost.

More details here :
http://www.reddit.com/r/KarmaTeam/comments/263pp6/i_sell_my_1445_khs_scrypt_rig_for_karmabtc/

http://www.reddit.com/r/KarmaTeam/comments/263ki7/did_you_know_that_you_could_mine_karma_with_your/

You can mine some nice karma with you CPU while you do other stuff. above is a detailed step. a bit of a messy text but it should show each step. eventually i will clean this up a bit and make it more enjoyable to read. : )


Some easy steps for miners :

1. Download newest optimized CPU miner , i recomend pooler's https://bitcointalksearch.org/topic/an-even-more-optimized-version-of-cpuminer-poolers-cpuminer-cpu-only-55038

2. set up a .bat file in the same folder root that you unziped the above miner. In my example i am using altcoin's pool as

3.

4. Moon !


retweet this:  https://twitter.com/cryptowho/status/469019752011010049

I want to toss out a huge thanks to you for what you've done for the project. I've been following a lot of other coins lately, and pretty much all of them are under the impression that all you have to do is release a coin and it will gain value. You've been doing what I keep trying to push others to do: MAKE the coin gain value.

With that said, I do have a question. What do we need to do to claim the Karmashares for what's in our wallet? Do we need to contact you with a signature to link up our BTC address or how does that work?

Yes.. it's amazing what some people expect within a short amount of time.

We have done AMAZING things in the past few weeks. A lots of firsts, too. And this is only the beginning.

Karmacoin was introduced in February. The new team just started working from about March 4.

Please do not expect everything to be working 100% at this point. Everything is in beta, even if it doesn't scream out "BETA"

Personally, and as stated a few times, I like to move fast and break things, re-iterate, get feedback, and evolve the product/service.

For me, if it's not broken that means you haven't really touched it.

When things are "final" and ready for prime time you will know. But it's not now (of course). We are still in infancy.

If you would like to do more than typing on this forum and help on Karma or any project, please feel free to let me know.

After 24 hours of problem free use and payment on time I would like to officially endorse this pool as the best pool I have tried to date.

My address KMSoy will continue to mine with this pool until it is no longer profitable to GPU mine 😎

I'm going to buy more Karm now!


To the miners that are mining Karm in my pool:
I will try my best to attract more miners to make the block discovery more frequent.

pool.terahashers.com

Very true, although the exchanges would have you believe now is the time to sell, :p. I think people are going to be very upset when they realize they sold out cheap and the projects become profitable. It doesn't take that much at this point to earn more than you invested.

I agree, people need to remember that the Karmashares LLC has only been formed for only a few weeks and as the biggest advocates of Karma have already done more to promote Karma than anyone ells in the entire existents of the coin. If this much attention has already been brought back to Karma in such a short time imagine how much exposure Karma will have in the world after a few months, especially after projects in the works start hitting the public.  Karma has a very bright future and the best time to buy is now.

Karma's projects should help out a lot with things. If they are spread out by the community, it will spark interest. The search engine with its rewards will be a major part, and I liken it to things like SwagBucks, which is also pretty popular. Things should continue up from there.

OK. We can drop alliances. I am wondering how we can attract attention from crypto world at first place. Then spread influence and attract outside investors. Tony for example has unique ability to express himself and I don`t think that we should leave him to catch a breath. Damn, I wish I was native English speaker.

Alliances between coins are a great idea, but they haven't been working out too well. I do agree with the video channel, though. It could tie in all of Karma's properties as well to help build a bigger following.