Topic: [ANN][KARM] Karma / ₭ / X11 - page 89. (Read 583113 times)

Anyone else having trouble withdrawing from Xhash?

I think both!

thx, is this worth mining or just trading

on cryptys  , mintpal , bluetrade , allcrypto

mintpal is the major one but mintpal is down due to them updating to v2. 

Is this coin still alive, I can t find it on any exchanges

PM sent!

nice try to get good supporters from Karma to another coin ..........     

I am very interested in cloud mining can you please, point me to where I can get more info about this?

Thanks for clearing the points that possible supporters of nhzKARM should consider. I have outlined the plans in a general way, as were inquired by socoban and learminer before this.

When the first week offering is over and the initial total fund is clear, specific investment and percentages will be sent to the assets holder through the NHZ wallet messaging function, so while the public is getting the general ideas of what is going on, only actual asset holders will know the specifics.

As of today, 300 000+ NHZ is collected. Thanks for the vote of confidence.
Give away of 3 000 000 nhzKARM is also almost depleted. around 300K left.
Karma-generous-donors, token-of-appreciation give away is reflected below:




********************************************************************************************************************************************

Forget about this project of mine for now as a Karma community, there are other pressing matters that we need to address, I have sent some of you the message that outlines my ideas for our effort to move forward and upward.

One thing is undeniable at this moment, we need a GOVERNING BODY, For me, a cooperative form of governance will be our best choice. No individual will hold too much power nor responsibility, instead it will be equally shared among the board of directors, which we can set to as how many as we want.

About the funding, we can then set an ESCROW 3rd party to hold whatever business fund we may decide to put up, as we have done before with the LLC, when we have it escrowed, only the approval of the board of directors will enable a withdrawal for any project or expenditure need.

If you agree, we should meet in WEBOGRAM, it is a desktop version of telegram, I know, some of you does not want your mobile auto correct function messing with your speed typing so, WEBOGRAM is a very nice alternative. Let's meet there, talk in real time. Or if you can't make it on the same time you can leave there a message and when you get back what ever happened on the meeting will be available in the chat history, JUST SCROLL UP.

Thank you again for staying with KARMA on its ups and downs. Good Karma to everyone.

Thank you for sharing your opinion with out being irrational or attacking it personally. i liked it. You didnt make a simple post saying booo!. but backed up your opinion why it would not make sense to invest with some thoughtful ways how that could play out.

Much better way to contradict something you do no agree with than screaming shouting  swearing or jumping on some one throat. You provided enough details why you dont agree with East's project and made it easy for East to counter them if should he choose to.

its is much easier to counter some one post when they explain the reason of why they like or dont like something. there isn't a lot some one can argue with a post such as "this sucks!"

: )

+1

My thoughts on nhzKARM are don't buy it. The intent is not bad and East is a member of the community so I'm not going to pull it apart although I have strongly considered it.

However I encourage people to view it under each of the following perspectives:
1. You are giving funds for somebody to manage on your behalf, East is effectively your fund manager. Are the funds being invested anywhere or somewhere with a side purpose in mind, do you like this?
2. The funds used for purchasing the nhzKARM from East are diluted by nhzKARM given away for free and nhzKARM used for marketing activities. Early investors funds are worth 10 times more than late investors funds, therefore you have free, cheap and then very expensive shares. Will willingness to participate decline at each stage?
3. You are investing in a new cryptocurrency. What's the premine like and who has control of the premine? What is the allocation of the premine?

This won't be anything more to Karma than a member of the community's project. As many of you are aware East has been one of the major holders of funds collected for donations, none of the funds collected previously or in the future without the express request of the person that donated them will be invested into this project. I'm sure East will confirm this here.

Thank you East for creating this large undertaking to try to help Karma.

Chargin.

Well, I have some ideas for mining revenue.

Cloud mining is very cheap at this moment, gawminers.com has hashlets ranging from 10-50$

and you can get around 5$/MH on ltcgear.com using the coupon code anniversary1yr and paying with btc.

These companies both seem to be reliable and I have been getting consistent returns from them as well.

If a spreadsheet were to be made for the nhzkarm funding, I would be willing to donate some ltcgear MH to it.

well. East effort's are seen well by me. i see his project as a side project and it does not influence karma one bit. Also he is trying to use any of the gained revenue to help karma. Expect for the part that people will have to buy nhz coin ,helping nhz community if they want to straight up buy nhzkarma's assets, i dont see any thing wrong with it. its an investment side project and it on the investors to choose the risk by being involved.

That is the same as some one else opening an asset with nxt or bitsharesx and saying he is collecting funds to buy mining equipment to mine for profit to help karma and any investor will get dividends.

Will his project work? who knows. He certainly has put a lot of effort to construct this project. I see tons of people in facebook getting involved. Good or bad it he is creating something else for karma. Let the free market decide its value. At least it brought some new attention to karma.

Let's not blow it out of the proportion. This is not the ultimate path karma is taking it. it is only an experimental side project of his. I see no real threat. As i said. it will be on the investor's if they want to participate. Plus, he is pointing out that there is nhz giveaways that people can participate to get free coins and those can be exchanged for nhzkarma. He is not going around saying give me all your btcs. his major selling point is go collect free coin. exchange them for nhzkarma. He will use all the nhz coins and their stake to put them back to help karma.

Oh boy, sometimes I get the impresion this is all a staged play. We've got all the components for a good drama here. Just the pacing is reaaaly slow and some of the plot twists a bit lame. I'd have several things to say about this, but it is really late here and I got to get to bed like right now. So it will have to wait. Have a nive weekend everyone.

Ok.. ok.. I will troll harder !

What a sad turn of events in the last few days.

I hope you can now see what direction people like Easteagle want to take you in...

nhzKARM looks and smells exactly like a ponzi scheme meant to enrich the few.

This of course on heels of a bunch of you sending him coins purportedly for some undefined API.

If you guys wanna set your coins on fire, at least you could send them here

https://doabitofgood.com/Bit4Bit

And be able to verify what they get used for.

You wanted a demonstration of goodwill, we delivered by adding Karma to our system for actual GOOD, not ponzi or dice games.

Kosmost, bitwho,  chargin, scryptminer, et al you know our intent is good and we have the horsepower to make it real.

Join us by helping establish a board of directors, like a city council, to plan and promote REAL development uses for Karma in the REAL WORLD.

Everyday without a clear direction, the more fraud and selfish interests are going to prevail.

While you may tolerate these clearly unsavory uses, it builds more fodder for Google to align Karma with greed and fraud.  When new users go to do their research this is what they are going to find, because as a community without standards, you tacitly permit it.

Karma should have a council of stakeholders much in the same way the Apache Foundation runs.

Does no one here have the fortitude to stand up and cry foul?

-dvd

anyone excited to see what mintpal v.2 will bring?

not only will they open fiat to coins. but they also are merging their moolah userbase. their latest tweet said that were merging over 500k users.

That a ton a trading users!


I am excited to see how this will pan out!

Nice, questions socoban and learminer.

As written on the thread for nhzKARM, every business venture has the risk of loss. I wont pretend that this project is guaranteed with success. Ponzi? Please see ponzi's characteristics and decide for yourself if this fit the bill.

NHZ assets are steps forward in applying the wonderful technological advancement made possible by the creation of the "blockchain", a public ledger. We are just trying to harness that
through nhzKARM.

Let us compare nhzKARM to what we have experienced before this, in the hope that it'll be easier to digest.

LLC:
We sent our coins to it, 8.6B in exchange for PDFs. Something that tied our coins for some months.
Did it gain profit? NO.
Was the PDF trade-able to other digital asset of value? NO. We actually hoped but it never materialized.
Was there a possibility of loss? YES.
Was there a possibility of a scam? YES, although we are not scammed, in the sense that the coins we put in were returned.
Did we need to trust somebody with that? YES
Was there a possibility of profit? YES
Was there a possibility of success? YES
Was there a possibility of failure? YES, and it did.
Did it helped KARMA? YES, for a while.
Were we involved? We decide.

Karma Funding Donations:
We sent our coins to donations in exchange for the good feeling that we are helping KARMA.
Did it gain profit? NO
Can we trade that to other digital assets of value? NO
Was there a possibility of loss? YES, total
Was there a possibility of scam? YES, although you can still check that all those funds are still there, through the public ledger we call blockchain explorer.
Did we need to trust somebody with that? YES
Was there a possibility of success? YES
Was there a possibility of failure? YES
Did it help KARMA? YES- ongoing
Were we involved? We decide.


When we put our money in a banking service, the similar things can be seen(yet not exactly the same)
When we put our money in an online payment service like paypal. there are similar situation.
When we put our money to a friend's loan request.
When we put our money inside a safe.

Now, nhzKARM:
We have to send NHZ coins in exchange for nhzKARM assets.
Will it gain profit? YES
Can we trade that to other digital assets of value? YES
Was there a possibility of loss? YES
Was there a possibility of scam? YES, and so are many other coins and assets launched, we only depend on the past record of the devs that create and launch them.
Did we need to trust somebody with that? YES
Was there a possibility of success? YES
Was there a possibility of failure? YES
Will it help KARMA? YES- ongoing
Were we involved? You decide.


Remember, although many things can be similar, this is still a part of a revolution, we can be similar but nhzKARM will still be different.

The point is, there is always someone or something we need to trust and always a chance of loss. ALWAYS.

What are the plans of use so that it may make a profit?

"Where will the profits of nhzKARM come from?

The collected fund from the sale of these assets will be used for mining, coins trading and NHZ coins staking. Other profit generating project will also be sought in the future, such as but not limited to online selling of tangible products. 100% profits made through these ventures will be distributed to nhzKARM asset holders, according to the percentage of the asset they have, against the total number of nhzKARM assets."

The exact percentages of the fund that will be invested in these various ventures will be determined later when the first week of IPO is finished.
Some will be put in a longer more stable form of investments, though they may make smaller gains but at least they are stable.
Some will be used for trading
Some will be used for mining (IF AND WHEN we can be sure this is not a losing option)
Some will be used for staking, safest but very small gains.

Exact details on where, when and how much will be provided on the thread of nhzKARM.

No one should rush into it nor out of it. Just do your due diligence, you can wait on how things go forward, anyway you can get in and out of this anytime, by purchasing or selling your assets to the prevailing market offers.

Compare, research and decide. I wont hold it against you, if you decide not to get involved.


Thanks again for your interest.

-east

And YES OF COURSE YOU CAN ALWAYS CHECK THE BLOCK CHAIN.

Didn't see that one coming East.

I remember when I first learned about these assets (in context of NXT) a while ago, I thought "this is the way Karmashares should work". It has almost all the features Karmashares should have had, except for the "problem" that it is tied to another currency instead of actual Karma, which is ... a not insignificant issue.

Never heard of NHZ before and "nhzKARM Asset-ID#:14027245553053047036" isn't exactly a catchy name. But since I apparently am due for some "free" assets due to my donations, I'll take that offer and see how it works out. It is an interesting idea for sure, though I'm not sure about all of the implications it might carry going forward.

With Karmashares there was an initially clearly defined strategy, with plans laid out for several projects, a company to back it up etc. - seemed like a great idea at the time. Right now for this we've pretty much only got your word and from the reactions in this thread I guess the rest of the team were not even involved up to this point?

If I had to invest any actual new money into this I'd like a bit more transparency and clarification before going ahead and buy into this. What exactly do I buy into with this asset? Is this supposed to be Karmashares 2.0 without an actual company? Or more or less just a different way to gather funds for development instead of donations? What is the IPO money going to be used for, who else is involved, what projects are planned, how are the funds going to be managed - that sort of stuff.