Topic: [ANN][KARM] Karma / ₭ / X11 - page 85. (Read 583113 times)

What shootd the price up?

Volume picking up on cryptsy...

81lite 

GJ devs for keeping Karma going.

If this was paid, for what I have seen, $532.22, seems adequate and a good payment.

KarmaKaguy

I forgot to mention the $200 bonus on top of that. Total I've paid you is $532.22 (minus odesk fees of course). Please keep in mind that the hours you are referring to were not part of the agreement.

The breakdown you provided on Jun 16 is just a list of hours (without any detail as to what those hours were, as I had asked for). They total 10.5 hours, which is equal to less than $151.62 if we go by your rate. However, we did not agree on an hourly rate because you were being paid a flat rate of $100 a week for "10-15 hours of work" a week "posting to the forum and working on a whitepaper". (And for a while you were't able to work the hours, which is understood.) If you don't have a copy of our Skype chats please let me know.

That you decided to put in more hours than we agreed would not really be my responsibility (especially as we did not discuss it beforehand). However, I am willing to work with you on it and always have been, as evidenced by my response to you when you first told me of the off-contract hours. I have not treated you unfairly or unprofessionally so please do not imply this in your posts. If anything, I have treated myself unfairly in offering to consider the surprise hours. That's simply not how I normally conduct business.

Also, by giving you a bonus and paying you in advance I thought I was doing you a favor (not many would pay 100% upfront). If I had know that you would post here unreasonably I would probably not have done so. Regardless, you are still a nice guy and I appreciate the work you have done.

But proper channels are appreciated for this sort of thing

-------------
Karma.. where no good deed goes unpunished!

Hi everybody,

I did not post here since the llc went down as it was just too much for me. I am still fighting with doubts regarding what happend... This post is, however, very disturbing. I would appreciate if this can be clarified. I posted with Tricalt as a fellow economist and read his white paper.

ps: I am still following Karma and will come back once I handed in my phd after christmass.

your KarmaKaguy

You were not banned from the forum. Not sure why you're saying this. (You are, in fact, still in the "Karma Team" group. You can verify that by having seen the Private forum for the past several weeks.)

I am still waiting for a breakdown of your hours. We agreed on a set figure of $100 per week. For some reason you decided to work far more than that (on your own accord) and expected to be paid for it.

We can resolve this using normal channels. But my apologies if I do not respond right away. I don't have much free time these days.

Ouch. Let's wait what kos will say.

Hello,

I worked on the whitepaper for Karma, and was recruited by Kosmost via Odesk.
He still owns me 450 USD for hours worked.
Since I was banned from the forum after asking for the cash, and since he didn't respond here also, I decided to go public.
Good luck with this coin.

Never regret what is in the past. It either taught you or blessed you. Karmashares LLC is a very good concept, that is why we supported it, to where it failed, to where it needed improvements, we should strive to do better next time. We lost a good thing, there's nothing stopping us in getting a better one.

Everyone is welcome to come into Karma, to stay or to leave after a while.

I'm glad you can find time to post here in spite of your busy schedule.

-east

Right now is a huge opportunity for buying.

This is karmastic thought my friend.

BTW, I don`t regret anything. Turnarounds are often events. Only stupid people doesn`t come back to the start point.  

Guys when we lose something good, We should replace it with something better....

-east

In case you are wondering how.

http://youtu.be/7CN09_5b6BA


-east

If you're talking purely about trading you may be correct. But at least in some cases it has got everything to do with the developer and everything to do with the coin. Note I am not talking about Karma from now on.

There were many coins that appeared perfectly valid and seemed good investments even if you did your due diligence in researching them, yet still turned out to be scams (sometimes after weeks or months). When a developer has successfully hidden a premine and dumps that on the market out of nowhere, or an exchange gets hacked and a sizable portion of a coinsupply stolen, or a group of devs simply walks away from a project despite promises (even faking evidence), that often results in a 99% loss of investment in a matter of minutes.

Most of these coins will never recover, so the buy low/sell high rule simply does not apply here. This is not normal market behaviour, its often intentional behaviour by devs and/or FUDsters and in some cases plain fraud. The fraudsters are just lucky that this market is so highly volatile, largely anonymous and unregulated.

Well if you look at the charts there are certainly several occasions where it looks a lot like a pump and dump, all the indicators in the charts are there. Accumulation. Suppression. Take off. Sell off. Karma is not immune to market manipulation, why should it be different than any other crypto out there in that regard? Wether this was orchestrated by insiders or unknown outside forces is impossible to say, but to look at the charts of Karma from April to today and say "there never was a pump" is pretty bold.

As for the other part of your reply I agree. The value of Karma has not changed, the price has. And the price dropped considerably, mainly due to LTC loosing so much value against BTC and BTC against the dollar, which adds up. Both of those were outside of the control of the team though, so its kinda hard to blame anyone for that. At least the loss was not as bad as it could have been compared to some of the other shit I have witnessed in crypto.

Socoban, you know very well that this can not apply to everyone. I have never lost on crypto. Some will earn and a lot more people will loose. The same is with all crypto. Let`s face it. And this got nothing to do with the developer and nothing to do with the currency. Everyone who have lost anything on any crypto currency should blame only himself, no matter what expectations he has and no matter how much did he lost. And also, the moment of loss is determined by the seller, not by somebody else. If he is selling for less than he bought, who should be blamed? Anger and prattling can take place everywhere at every time, but when somebody is making trades, especially with digital currencies, he must do it with his mind clear. Trading behavior and the sympathies to a particular coin and involvement at some level to that coin must never be mixed. These are totally different things. If you don`t understand it, I don`t know what to tell you.

Also, I disagree with your opinion on Karmashares. Let me tell you why. Because you could simply negotiate and sell your entire KARMASHARES wallet. This was what I did at some point. There was no pump and related to the pump dump in KARMA history. This is simply not true. And there is not a single evidence for this. Pump and dump scheme never worked with KARMA. Also, I think you are talking about the price of KARMA, not the value. The value of KARMA was exactly the same on the day after KARMASHARES was disbanded as it was on 20th April. Cause KARMA had kosmost, bitwho, easteagle13, KarmaKaguy and all others driving into the same direction. The price could also rebound pretty quick if 5-6 KARMA holders didn`t offended the only persons that have ever made something big for KARMA. Also, some people overreacted on few accusations from several trolls, without taking into account that a lot more Karmanians have voted confidence into KARMA by putting their coins on KARMASHARES and still holding after abandoning of that model. We are talking here for about 270 KARMASHARES holders and 600-700 coin holders. Are these 5-6 trolls a match to all these believers? Of course not. Karmashares could turn easily into something else. You know this.

Of course everyone has his side of the story, so the most important thing is what we have learned.

East project is getting a lot of investment.
The initial batch of nhzKarma is being bought like cakes :-)

Although I feel a little bit bad for not being able to sell some of my Karma when it was >200 litoshi because it was (most of it) at Karmashares, I do not feel like I have been scammed.
Karmashares did not work out, but my Karma was returned.

And by my calculations I did not lost anything (I even bought a little more).
For one to lose money, one has to sell at a lower price than bought.

ROFL, KARM was more valuable on first day of KarmaShares than it was one day after Karmashares. Anything between that was pump&dump scheme with lot of lies behind. Everyone who bough KARM and put it into KarmaShares lost money, even those who did it on first day. My KARM was stacked in that scam company, so I was not able to dump them at 600 litoshi. Go to the HELL with your idiotic observations.