Topic: [ANN][KARM] Karma / ₭ / X11 - page 96. (Read 583254 times)

No way I'm going to develop anything for other coin.
Me and learminer did a computer game from scratch to promote Karma!!!

I'm onboard untill the end... even if I'm not here for some periods of times because of other stuff... I will allways try to help make Karma go forward!

I gave the complete game files and the html page to easteagle13, so that he can add it to the website that he is developing for Karma
When will it be online East?

According to the developers it was a clone of Darkcoin -- Givecoin was always X11 from day one :p


^^^ I totally agree with that sentiment -- you can only really trust peoples INTENT & COMPETENCE


Indeed -- Bon Voyage and safe travels!  So jealous!

Enjoy your trip ACG, sounds like a great thing to do.
Thank you for your contributions to Karma.

+1

you didn't lose any money if you didn't sell. If you sold at a loss then that was your choice to lose money.

as for creating Karma 2.0 etc with an entirely new blockchain, I agree there is nobody stopping anyone from doing this. there are coins called Bitcoin 2.0 and bitcoin scrypt nobody stopped them either.
were they successful? well that is for history to judge. if you create a better offering then the community will naturally follow you if you don't then the community will stay where it is.. that is the nature of a free market.

givecoin was already clone of Karma that failed, Karma ofcourse was a clone of litecoin which was a clone of bitcoin...  people are welcome to create more clones and succeed or fail based on their own efforts.

all I can say is that I wont be leaving this coin unless it is hijacked by someone with bad intentions.
so I will continue to develop for this coin.
people are free to come and go as they please.

enjoy your trip around the world.. there are much more interesting things to see than endless posts about the price of Karma and complaints about dumping lol

Actually, I am not sure how can someone be on the loosing side with Karma. This is a coin with great fluctuations and so possibilities for making profits. I will always be on profit when trading Karma, cause I know how to and when to. What you are suggesting though will make all of this FUBAR for the rest of the 600-700 people that doesn`t come here and doesn`t read the thread, just because you made a wrong move and you want to revenge at all cost. But at the end who will suffer? The people that bought Karma and keep it for the long run. No one else. Do you think this is right? Keep calm. It will take time, but the things will become better.

I personally think this is a great idea. The "current" team already stole the coin from a dev they claimed was not doing anything to push the coin forward (which is what is also happening now), so kosmost just went ahead and set up the extra websites, the LLC etc. He did not ask some team for permission. You should not have to either. In fact people should be happy that you want to take it forward but they are still attached to their prophet OR they dislike the sound of yet another prophet.

I htink I lost my money to whoever dumped that 1.5 billion or how much it was a couple of weeks ago (just before the Lill.com news and before the LLC was shut down). I still have the karma I just dont think it will recover..

Really sad, but I just got a loan for ~150 btc and i am going to go travel the world for a while. A long while. Maybe the coin can recover now that more people are creating infrastructure but I seriously doubt it.

As I have posted before, I doubt anyone will want to get involved with Karma, after the departure of 2 devs for 5 months. I am considering myself as a part of this group. This is possible only if clear results are achieved or the price is pumped significantly. This is the reality. Of course, maybe someone who want to take the trademark and abuse it, will pretend he will make the best for Karma and then disappear with the trademark in his pocket. This is my main concern. Big investors comes where the big profits are or at least huge potential for profits, not where the big intentions for charity are lying. Karma is an open source project, with independent community members/investors/miners with the best name and if somebody wants to and can contribute, she/he is welcomed to do so. About the reverse split - yes, why not. I don`t think this will do wrong. Maybe the time is not the best, but it is a change. And Karma need changes ATM. And you are all making big mistake since day 1 by not recognizing our miners as the biggest investor in Karma. But they are.

We will start to be suspicious about your intentions about Karma. IMO this would be the worst thing somebody can do.

Me, personally, I am not sure why are you talking all the time about bringing structure and management. What do you expect and from who do you expect what by saying such things? How exactly, and be specific please, do you imagine to bring structure? And you will manage what? People, technology, services, etc? These are reasonable questions. I hope you will find time to answer them. Thank you.

P.S. Karma is not a charity coin. Keep this in mind.

What is stopping you now to become real investor and start implementing your vision into real services?

I don't think that is a fair assessment.  Kosmost did what was right and just (and smart) -- IMHO -- though his intent was honorable I do not believe that the SEC was going to agree with him.


You're not the last I'm afraid.  Without a purpose and a highly visible, accountable leadership team this coin is going die a slow but steady death.  Hashpower will continue to drop (on the plus side the overall power on the X11 Givecoin chain http://2givecoin.info has picked up in the last couple of weeks) -- once the exchanges start dropping it, its all but a stampede until the music stops.


I'm sorry for your loss!  That sucks

Where do you think that 2 BTC went?  It's very likely you know the individual given how small this community is.

This is what I mean by "horse trading"  -- you guys are just swapping coins with each other.  And the fact that even the whales don't seem keen on keeping the music going on the exchanges for what?  .2 BTC / week is very telling of their commitment to the coin...

Since few seem keen on doing the reverse-split -- what do you think would happen if someone just started up "KARMA2" ?  Or karmarewards.me ?  (like I just did)



Reset the whole thing and make the distro more equitable.

After all...you all keep saying how open and free everyone is to use the name and the codebase...

-dvd

Kosmost ressurected karma and he also killed karma...





Move along, dump your coins, I've dumped mine and am closing down whatever karma-related stuff i run. It was fun but never real.





Luckily I only lost about 2 btc myself (which was A LOT for me). Cheeers people.

I am both.  As well as potential investor with more than coins to prop up the (false) economy.  I have resources like permanent wallet build lab at a real office space near several universities.

I have vision for this coinbase that puts it in non-miners hands -- to distribute it to the masses -- based on its original intent and promises.  To make it a physical real-world tipping coin to socialize it out with waitstaff -- print pretty metal foil wallets that ALSO become collectors items.  Allow people to download the wallet or store them somewhere and then make the paper wallets ALSO worth something -- like a trading card.  Create a BOUNTY program for people to turn them in at vendors in the real world for exchange.

It's IDEAS like these that I can bring to a coinbase like Karma or Give.

But I'm not going to buy or beg or borrow to acquire the coins in its current form.

You have a GREAT name and an original mission that has become perverted and in-ward focused on miners and whales.  

Who do you think is going to win that battle?

The whales have essentially made slaves of the miners...

-dvd

people hold on to bitcoin because it is still on its early days. seriously. Bitcoin is still so new. Also price didnt fall due to alibaba IPO. There is a huge amount of whales who control bitcoin prices. The ebay news had some effect. Price went from 380 to 430. Which also prooves that Inside trading was in effect. all three bitcoin ,litecoin and doge rose before the ebay and Okcoin/bitstamp jointure. again. price of bitcoin now compare to last year is a big difference. So tons of people are holding on to it because technically they bout it on the rise. We saw tons of people using bitcoin to buy things when the price was $900-1000. 

its never late for reverse split. especially since we got like.. 5 services and 4 pools. thats all we got to worry to update 


I said it. Kosmost is more then welcome to bring back his project. only this time he should be more clearer on his intention. I dont want any kind of payments. him bring his project would give karma more things to be used for. I dont want to gain any dividents or payments from his projects.



The real problem karma is suffering is the lack of people getting involved and big investors. if we had this two groups then we would be flying up in charts. building structures and having the financial support.   

If the community really cares about this coin as much as they type here all they got to do figure our which group they are and join to help!

Are you some one who wants to help or are you some one who can support the people who want to help?

People understand both of these well but no one here cares to do anything about more then suggest what other should do.


reverse split favors us only in cushioning the impact when people dump or pump.  Its fine. let keep ignoring the elephant in the room.
i am sure we will be able to attract a lot of people and investors while we have $400 daily volume with our coin. All the merchants/people will line up to get a slice of our pie


Who is going to help karma spread widely? the only 6-7 people who show up day after day for karma while the rest sit on their asses??

I dont just talk about reverse split all day. i am trying very hard to attract more and more people. I said i was done reporting real progressive work in BTT thread. therefore only a topic of likes of reverse split is something i will continue to bring up here.  Because we can not move forward easy while few single people have billions of billions of karma. %20 gain while dealing with billion of karma is a good chunk of btcs. They will keep dumping and buy low and recycle.

i got told the same thing before when we moved from 15 litohis to 1 satoshi. We don't need the split. We just have to work hard.. Only that no one really does work hard and no one help out spread the news or karma. and moving from 15 litoshi to 1 satoshi is not really a good progress. its a joke to be at 1 satoshi. 1 satoshi or lower are for coins that want to stay a hobby. something to have fun with $30.

if you want to be taken seriously then we must have a user base that can support 100 satoshis sell pressure.

How are we going to do this?  why everyone just speculates here all this pressure falls on me , east , chargin , ryan and few people in trello. Soon as i am in the talk it will fall also on shoulders of perica , andres and david.  That's it.  these are the people who are brainstorming to create future plans for karma. Do you think we will be able to get billion users easy that 92 billion coins would make sense?

We are not only stuck with bad distribution where whales stay whales , but also with lack of public help. I know as long we we have people fighting for this coin we will survive but i see us risking the BTC markets well before we even come closer to having 1 million user base.

I am not interest in help out investors or miners. I don't care. i want karma to stay relevant long enough to give us time to pick up momentum!

Due to lack of connection I am not able to be active. And to be honest, I am not very excited about Karma ATM. Despite of my conn problems I have managed to chat with some Karmanians in my country and this is what we think:
Try to learn lessons from the recent bitcoin price drop. The investors are holding and recognizing crypto currencies as some sort of gold or token, but not as a tool to purchase goods. Did the acceptance of bitcoin in Newegg and Paypal increased the price? No. They are massively selling bitcoins to buy Alibaba stocks from IPO, cause it is more profitable to have stocks than bitcoins ATM. Why aren`t they using bitcoins to save money when buying goods from Newegg? Mmm? For a purchase of 550$ with bitcoins a 150$ can be saved. So, good luck with the Philippines affair. To us this proves that for now Karma should stick to it`s technical nature, as I have said many times (why no one is listening - I don`t know.). Just remember what I have said in March and Arpil about reverse split, X11 and PoS. X11 happened at August. PoS didn`t, but we don`t need it anymore. The supply of coins is really good now. The time for reverse split is gone with the X11 fork. We have missed the moment. Now is too late for this discussion. If somebody is concerned about the BTC market, he should remember what Mintpal have said about the removal - Coin has less than 0.2 BTC volume per week, for a period of 4 weeks. So if this community can not trade Karma for 0.2 BTC once in a month for a whole week, we definitely don`t deserve to be on the BTC market. So simple. ATM we are talking about 70$. Trade or die with our bags of Karma. I have always liked kosmost`s vision about all the things he wanted to achieve with Karma. Except chasing Philippines or whatever and selling lill. Lill was meant to be a fully integrated with Karma and become a whale search engine in crypto world, not to provide few bitcoins for 100-200 Karmanians. And this is still achievable. Our concerns are not about who will take core services, but for the total lack of vision. Our suggestion is to ask kosmost nicely, very nicely, if he is willing to share his vision about the developing of eyeQ, Hireplex, Wespond and of course Lill. And to provide estimation of money and time to achieve the goals. And to decide what will take to bring back on the table these projects. Again, today`s problem is not who will take the core services, but the lack of vision and achievable goals. If a vision and goals are presented and accepted well from the community, I am sure that more people will become active.

Good luck guys.  

Volume does not equate to Value ;-)

My vote for the reverse-split has nothing to do with the temporal valuation fluxes you all fixate on.

My interest is creating a better, more useful purpose for the coinbase that has a credible story to tell.

92B is a number few mortals can get their head wrapped around.

There's a story about an indigenous tribe who could only count to three -- it was none, one, two, three and "many"

Reset the number to like 12B and align the story with "Karma for every person on the planet by 2020" or whatever

-dvd

Same discussion about reverse split again and again.  Every time someone drops huge amount people think reverse split will save them, because they will be on BTC market. There are hundreds of coins in BTC market with non existing buy support. KARM has amazing buy support even after such huge value loss and delusion. It is  always one of top coins on LTC market by volume. When you check last week history, there were dumps almost every day, at similar time in one big sale. It is 1 person dumping billions of KARM. He dumped at least 3 billions KARM last week. He was dumping to price 22 litoshi, after yesterday pump he dumped only to 27. The only person able to this is someone who bought it before KarmaShares or mined it when it was extra cheap and there were 1 million KARM block rewards. It must be the very same person, which was dumping on 31.August. Since there was only 1 person knowing lill.com will not be sold, this person is Kosmost.

Forget economy, forget mining speed, forget total volume. Alt coin market is so small, than anyone can be a whale on some coin. The only requirement is to buy big amount cheap and pump it by lies.

I agree and going one step further -- I am really shocked at how many people do not understand that PRODUCTS must fulfill a PURPOSE so that CONSUMERS can acquire and UTILIZE it.

Karma is a product produced by miners.

That product is offered for exchange to who?  Investors?

Those investors do what?  seek profit.

How do they seek profit?  Manipulate or wait until someone else offers a reason to sell.

If you do not see that Karma is currently trapped in vicious downward self-fulfilling cycle due to its current focus on rewarding miners and investors you will race to the bottom....

"Insanity is doing the same thing over and over again and expecting a different result"

-dvd

Whenever someone says "NEVER WORKS" -- all it takes is one example to prove them wrong  -- go look at this I linked to for examples of why that statement is just naive :-)

The other option is a "provable burn" -- or we sequester the coins with a trusted third party.  Neither of them are very attractive.

STARTcoin did a successful reverse / coin-recall and is still in early days of rebuilding itself.

I think the optics on a 92B token system is really hard to convince outsiders that there is value.  Way too diluted.

A 1:10 split would in theory push the exchange value up and put Karma on others radar.