Topic: [ANN][KARM] Karma / ₭ / X11 - page 44. (Read 583250 times)

Man, any other bag holder like me who bought both at 6 satoshi for Karmacoin and then at 3 satoshi for Karma and still holding? My millions are now like millions in Zimbabwe dollars. 

There are many ways he could have done to continue, but he chose to stop.

Now, here we are. If we can have an organization (not what we have at the moment), which can initiate-oversee-launch and develop even a single project, then we can have a "value" that will be into the currency. "Profit share scheme"? A Karma organization would be the fairest for all, not only about profit but also about effort, risk and gain.

Please do not misunderstood why I am requesting this organization whatever name we may call it. it is the only sustainable way to keep our community moving forward. While it is very easy and expedient to wait for a single person to suddenly take all the responsibilities and work so that KARMA will have a great thing going. Experience have shown us how it can be disastrous in an instant.

A board of directors is less prone to sudden unhealthy decisions...

Even having organized is not enough, for there are many many more work to be done...yet it is a step in the right direction.

-east

I just downloaded the new wallet and i'm happy to see my tiny stash where i left it months ago. Go Karma!

yes as long as the ownership is kept private anyone can start their own company, partnership or cooperative anywhere.

the reason Kosmost got cold feet and ran away from Karmashares was because he was openly and publicly selling ownership in Karmashares.

If anyone publicly sells a stake in any company or investment scheme to US citizens regardless of where it is based and regardless of what currency is used then they need to be registered with the SEC.

The best thing is to just build value directly into the currency rather than trying to build some kind of profit share scheme ontop of it.

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East, will it be legally registered? What country do you think will it be possible? Because once the legality issue has been addressed, we can start building the concept....
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Cooperative companies are always legal, we only need to choose among the countries that have a more receptive stance about cryptocurrencies like Karma. Because of all the issues that will be discussed, when registering a cooperative, the cryptocurrency detail would be the hardest to understand by the laymen.

UK, Malta, Philippines and other countries you may know will be good to consider.

-east

East, will it be legally registered? What country do you think will it be possible? Because once the legality issue has been addressed, we can start building the concept....

Thank you and thank you.

It is a very much needed move. For example Bitwho, who have proven himself to be a trustworthy guy may have so much ideas for the development of KARMA.
Will he succeed by doing them alone? NO. Let us dream for a while that he can...even for a short period of time...then KARMA price spikes...what will Bitwho get? Just as much as he can sell on the Karma that he hold for that time. Nothing else.

But if Bitwho's ideas fail, what will he suffer?? Everyone's anger and blame. So at our present situation, there is no hope that, anyone, no matter how trustworthy and capable he is, will be willing to risk being blamed for the effort of trying to LIFT KARMA UP along with all the holders with it.

A cooperative company, will solve that. NO SINGLE PERSON WILL SHOULDER TOO MUCH and every bag holder will have to RISK something in direct proportion to what HE CAN GAIN.

KARMA whether we like to admit it or not is about money. Without money to spend on ideas and needs. Those ideas and needs for KARMA will remain in our brains and will not see the light of day.

If you have a better idea than a cooperative company. We can also look into it. Why not? We are all in the ground at this moment and looking up at the moon anyway.

For a short example: While, yes, I am for the hardfork and the resolution of troubles that KARMA have now...But will a person do all the things needed all ALONE so all the other KARMA holders can GAIN, will a single person shoulder all the expenses?? You know the answer.

A cooperative can be started by at least, 5 willing person. Anywhere, even those who may not see themselves as KARMA pioneers. Anyway, a cooperative is operated in a democratic system, so any decisions will be executed only by a majority vote, but the difference of having it, to what we have now is that; people who will do things for Karma have the RISKS and POTENTIAL GAINS in balance. Management rights can be gained by any good standing members on election day. Cooperative is the best business and organizational model for "do-gooder" KARMA holders.

Because a cooperative is legal to do the following:

1. financially gainful activities
2. Social welfare activities
3. Organize people across the globe
4. Charity works
5. Rewards
6. Teaching

While other business models have to stretch their definition to legally do the above, Cooperative is defined naturally as doing such.

If KARMA will have a cooperative business model company. We will have the honor to be the first Crypto to be using a proven successful, members operated company in the world. That detail alone can push our coin towards more adoption.

-east

Oh sorry. Yes dividends in HZ are received. Thanks a lot!


BTW, I like your ideas.

You could wait a year to sell its on 0.5 BTC.

Hi coinmin, do you have nhzKARM? You should submit a message using HZ wallet to the asset issuer address, if you have done that before, you should check the HZ wallet you used, the bonus for this round was done thru HZ coin. More info in the FB group https://www.facebook.com/groups/nhzKARM/?ref=bookmarks...

Let me repeat my suggestion before on how we can organize and develop Karma for the sake of the community we got here.

Let us register an international cooperative company.

This way we will have the following:

1. A governing body (Board of directors composed of those willing to risk at least a Billion karma to join at least 5 person)

2. A Karma developmental fund (Out of the collective amount shared by every member who can appreciate the importance and potential of such a company, minimum of 1 million Karma each, no upper limit)

3. Paid departments who will handle different categories needed to facilitate operation regarding Karma and the cooperative.

4. Real life use and earnings out of Karma related activities, be it business wise, charity works, reward systems etc.

5. Revolving management teams and department heads as to be agreed by the board and cooperative member.

Without governing body that earn regularly for the works related to Karma, we will only dream on on how KARMA will ever be adopted. No single person can do this nor will anyone be willing to shoulder the immense responsibility that the community will expect from those who are taking the lead WITHOUT ANY PROPER COMPENSATION while the holders earn substantially whenever a Karma price spike happens.

Think about these people. Or dream on. No offense meant to anyone, just good Karma as always.

-east

good score mate... I was asleep when it happened

Is bonus distribution already end? I haven't receive anything after 03.03.2015.

Somebody buys on 100  litoshi, another person sells on 30 a period of 10 days,this is a madness.
Not their frayed nerves of people

I filled my stash wit 50M karma at 11. never expected this order will be executed!

Well then thank him for cheap karma! I never expected that I could buy a 0.00000009.
Huge thanks man !!! You're my dream come true! 

Someone is exiting karma?....

anytime mate ...

#crysx

No problem bondi.

Thanks bondi and thank you disco987 and chrysophylax for the nodes list.

karma.conf