Topic: [ANN][KARM] Karma / ₭ / X11 - page 404. (Read 583278 times)

I was responsible for the last peak to 50, it was just too tempting and I still had a little LTC left. Lasted short enough. Every raise is countered by a dump.

The dump volume has been getting lower lately and there is a slow upwards trend forming over the past 2 days (30ish to 40ish floor). Of course now that i said it, someone is probably going to dump Karma down to 30 again, like the last time I made a positive market statement... hope not.

There is still a problem with low ball sell orders and mini-dumpers trying to hold the KARM price down. Watching for the past 72 hours quite intensely - have a look now for example, good movement upwards - instantly stifled by an asshole dumping 6 Litoshi under the price people are willing to pay.  

I take this as a sign that Karma is a real threat to certain other coins and their scumbag manipulators are trying to keep Karm off the radar of the average trader by keeping the price artificially low.

Ultimately its good as it puts those coins in the hands of genuine supporters but I do want people who are just having a cursory look at KARM and its markets to realize that the current price isn't an accurate representation of the coin's future prospects or support from the community.

I believe the aim of this person is to make Karm appear less enticing on the Mintpal sidebar - When the buys start hitting 50 Litoshi it shows a large green increase percentage - When they dump coins at 44 Litoshi it stays at 0.00% change. To the average joe it just appears like nothing is going on! We need a group of supporters to continuously keep the indicator showing the true price people are currently prepared to buy at and not what the dumper is prepared to take a loss at. I would do it myself but I'm already 100% in on Karm (maybe should have held a bit of LTC back in retrospect but didnt want to miss out!) - even 1 karm buys into the lowest sell order would do it.

Eventually this person will be out of coins to low ball with and as long as we keep munching through his coins we will continue to gather momentum - But we do need as many average joe traders buying in now as possible before the quantum period ends and the big investors start trampling on the little guys.

yep PoS = POS

there is essentially very little difference between a 50+% premined coin, a centralized coin and a PoS coin.
without giving new people real financial incentive to adopt the coin they simply wont bother, this is why nothing that came before Bitcoin ever had much traction.

Just imagine if the largest stakeholder in a PoS coin got corrupted in some way (hacked, lost his keys, robbed, died, seized by government etc).. if that happens then its game over for the PoS coin because the coin supply is effectively monopolised from that point onward.

I absolutely believe that the key to a successful crypto currency is to decentralize it as much as possible and that goes for the coin supply as much as it does for the transaction processors (nodes) themselves.

Wallet address pdf....we will have share explorer later on..

Here, I will try to help you:

Open your Karma wallet, look at the TRANSACTION DETAILS of the sent coin to karmashare,  look for something like this: TRANSACTION ID>>>>54c3d10bda74fd90fcd562562c94c003e8dda3aa1354f11af02a9b3902e4050c that is the detail that you have to look for here http://karmashares.com/explorer-v01

Then when you have found yours, you must copy that and change the detail of this link, the BOLD detail>>>>>>"to download the PDF for your confirmation paste the address in the link; e.g., http://karmashares.com/!points/KEiY1B5QQMv7RwL27T7FThkLjPWh21LrXS.pdf"

KRAM must take POS. Preorderore machine behind 60M May 15 delivery. Support KRAM. 50M continue mining

Does anyone know why I can't access my KarmaShares PDF file?  I think I did it correctly (used the same address as my deposit) but I get an error message when I try to access the PDF file...  Any help?

Yes I know you are onto it, I have voiced my opinion in this argument a few times in the old thread.

I was just bringing this up for discussion again, since most talk has been about Karmashares lately (rightfully so). I just think changing to PoS is a bit cheesy these days, every 2nd coin is going that way. Who would have thought that half a year ago? Maybe its just a short lived trend, maybe its PoS finally establishing itself as a true competitor to PoW? I don't know.

TBH I just like the idea of miners securing the blockchain more than PoS. Miners have an IMO important role to play in crypto and completely taking them out of the picture puts a coin's fate purely into the hands of investor/speculators. That's why I brought up the algorithm change as a possible alternative...

We are thinking about that for weeks now.
We may go PoS soon... more details to come.
Thank you for this concern.

Liked. Well said.

I've been thinking about the scrypt algorithm, upcoming ASICS and their effect on small scrypt coins a lot lately. For those unaware (not all here are miners I asume), 2nd generation scrypt ASICS are about to become available and will change the game:
https://www.kncminer.com/products/titan has ~300MH/s, that's almost 200x the hashing power of today's most powerfull scrypt-mining-GPUs. Essentially one of these monsters has more power than any but the biggest GPU-farms out there and would suffice to dominate the network of any smaller scryptcoin (Doge/Litecoin might be resilient enough, but the rest?). Until hardware like this becomes widespread (which will take many months) a lot of coins will face some serious abuse from early owners of such hardware. We can also completely forget about "the little guy" mining Karma, it will be industral scale miners only (and guess what they'll do, dump the coin for BTC or the latest hip multipool-coin)...

I was previously against a change to PoS, but in face of this "threat" I see only three options:

• ignore it and hope for the best
• switch to PoS before the end of May
• adopt a different algorithm, like X11 or Groestl (or even better - adopt Myriadcoins multi-algo system, that's a killer feature!)

Coin supply/limit should remain intact IMO, but adjust it so that the remaining coins get distributed over a longer period of time. I'm talking years, not months...

Opinions?

Daily reminder for anyone who can help Karma network out in order for us to grow a bigger , stronger and faster Part D

Step up and join us. All kinds of trades www.reddit.come/r/karmashares

C++
Web dev
Securities
Marketing
graphic designers


also send out a twitt or two anytime you get a chance

Yes, 5x now.

10 X have been completed?

Thanks Shawn, For now we can use "K" for the unicode compatibility but we can also apply/propose for what we really like at http://www.unicode.org/pending/pending.html. AND I would really love to read the NEWS that say: KARMA the coin, is so successful that they added a new Unicode Char... K
Cheers everyone!!!, here's to the new Unicode character

hmm... Maybe this: http://unicode-table.com/en/0138/ or http://unicode-table.com/en/20AD/

Thanks for the vote of confidence!  The price keeping up with low volume is encouraging, usually is bleeds down in the other direction.  Maybe the miners are starting to hold their coins now :-)

Edit- Volume going up now. Someone is accumulating KARMs

A

I like this one.  Great work.

The uptrend for Karma price on Mintpal atleast is forming. Whitecoin has been screwed by its devs, Blackcoin has been ditched by a substantial chunk of its community, new shitcoins with no reason for their success except for the fact that they offer a perceived chance to make back what folks lost on Black and Whitecoin have been popping up and will be dumped within a week or two.

There is only one coin with a real, bona fide opportunity to make serious ROI and a continuous profit over a length of time greater than 1 year and that is Karma.

I personally went all in on Karma after selling off all my White and Blackcoin. 250 Million Coins was the target and I slowly bought up until that time. Invested 200 Million in Karmashares and holding 50 Million for when Karma is adopted by merchants and payment processors so I can treat myself to a few luxury items! haha

Love this coin, Love the community and most importantly I love the devs - Absolute confidence in Kosmost and the team - Been investing in Crypto since October last year and these guys are the most professional and proactive devs I have see yet.  

By investing in Karmashares I'm choosing to let my crypto make money for me. I no longer sit there for hours on end trading, instead I just invest and get back to enjoying life free of the burden of day-trading!

One thing I learnt from buying Blackcoin at 2219 Satoshi was that the REAL winners are those who buy low and walk away. I may have profited but I would have made far more if I had just locked away those coins and not sold everytime I saw a big jump up in price because there is nothing worse than selling for a 50% ROI and thinking your having a great day only to continue watching the price go up from 3400 Sat (where I sold) to 86,000 Sat within the space of a few weeks in what could have been a life changer

Be safe - Buy Karma now, understand that a conservative theoretical reach for this coin should be at the very least ~33 Satoshi (what Dogecoin was at during the most dire part of its existence when everyone couldn't get rid of it quick enough), and then lock that wallet up or invest it in Karmashares.

Stay active in the thread and community, monitor whats happening on the exchange, but tell yourself "I will not even consider selling a portion of my Karma until I see at least 33 Satoshi".

If you look at those who have made hundreds of thousands of US dollars in Crypto its usually the following story "I bought a few thousand Bitcoin back in 2011 and forgot about them thinking they were useless! Thankgod I didn't delete that wallet folder!" or "I bought 500 Million Mooncoin back when it was worth 25 Litoshi and sold it at 36 Sat the next day! :O"

You either get extremely lucky (the Mooncoin early adopters - even though it was a pump n dump) or you forget about the coin and come back later when its worth 100x what it was when you bought it.

Right now with Karma you have an opportunity to be an early adopter and by investing the coins in Karmashares you give yourself a real chance to make a huge, life changing return down the line.

The kicker is that unlike all the other scamcoins that have made it big - Karma has the infrastructure and the growing revenue streams to be a proper earner over a timeframe in excess of 1 year - greater than nearly all altcoins expected or realized life span.

Best of luck to everyone and hold onto those coins!