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Topic: [ANN][KARM] Karmacoin - New Initiatives - Helping People Do Good - page 150. (Read 352488 times)

member
Activity: 84
Merit: 11
those buy and sell walls holding the coin between 3-4 sat really need to be removed.....

The problem is there are around 1B coins mined every day, going to be awhile before that price goes any higher.   Going from 3 to 4 Satoshi is a 33% gain on investment, hard for many short sighted to pass on that.  Too bad for them.

Look at the volume on coinmarket.io 190 BTC

Highest volume ever for this website.

It is only a matter of time before this gets listed on crypsty. Then all bets are off after reward reduction. I wouldn't surprise for KARMA to hit 30 satoshi.

hero member
Activity: 518
Merit: 504
those buy and sell walls holding the coin between 3-4 sat really need to be removed.....

The problem is there are around 1B coins mined every day, going to be awhile before that price goes any higher.   Going from 3 to 4 Satoshi is a 33% gain on investment, hard for many short sighted to pass on that.  Too bad for them.
hero member
Activity: 518
Merit: 504
Can 1 Karma coin every be worth less than 1 satoshi?
full member
Activity: 224
Merit: 250
those buy and sell walls holding the coin between 3-4 sat really need to be removed.....

if someone decide to buy karma, no wall can stop him. Is a huge wall sell wat at 4 sat? no problem.. someone just will buy cheap. If someone want to buy some karma, why push him to 5+ satoshi if he could buy at 4 or less. If is 4-3 sat good enough for sellers, it is ok. I think price can go slightly down when difficulty do not raise after fork. Because with 40 diff 760k karm per block and 3 sat buy it will be the most profitable coin. Lets hope more people will join to mine it. When diff will fall to 20 again, we will get coins almost for free, so everyone will dump it at 3 sat.
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
those buy and sell walls holding the coin between 3-4 sat really need to be removed.....

walls will stay in place until profic dumping pools stop dumping, and the karma whales on the sidelines have a reason to enter. also note that bitcoin is way down which puts a damper on crypto's
legendary
Activity: 882
Merit: 1000
those buy and sell walls holding the coin between 3-4 sat really need to be removed.....
newbie
Activity: 37
Merit: 0
sr. member
Activity: 336
Merit: 254
CoinMine.pw
KarmaCoin added to www.CoinMine.pw - the best place to park your workers! Roll Eyes

New wallet version installed.

  • Several coins to mine from one account
  • Unique functions
  • Easy switch worker from web interface without reconnects and stales!
  • Switch and monitor workers with API !
  • Auto switch workers with personal Coin Sets and Coin's Difficulty range for every Worker
  • USD and LTC rates for all mined coins!
  • Profitability calculator for LTC and USD for all coins!
  • Really FAST and clean interface.
  • Self-written server software optimized for maximum performance!
  • Cool and impressive functions adds almost every day!

And off course standard:

  • Dedicated Xeon Server
  • SSD HDD RAID
  • Several 1Gbit Europe Uplinks
  • DDOS Protection
  • IRC and E-mail support!
  • Stratum
  • VARDIFF
  • PPL(10MIN)S Payout
  • Auto Payouts every minute

And most interesting

Still totally 0% fees (mining and payout) during active development phase
Your donates are very appreciated
hero member
Activity: 608
Merit: 500



spread the love  Smiley  KD21N6BHMAQkBUubFefURVePQVfc83eX2V

nice, clean, clear, modern, pro looking, love this, great work!
full member
Activity: 126
Merit: 100
Added Karmacoin to our pool, more miners needed Smiley

https://karm.hash.so/

* 1% default donation, can be removed but please don't Smiley
* Super fast servers
* vardiff
* Default MPOS layout, the one you know well (efficient!), Internals have been optimized to make it faster!
* stratum on port 80 and 443, which helps if you are behind a firewall.
* One click coin switcher, mine all of our (30) coins with ease! (New coins to be added in the next few days!)
* Nice coin list that displays all of our coins, and stats about them.
* PPLNS
* Very nice admins, come say hi in IRC #hash.so @ freenode
newbie
Activity: 14
Merit: 0
Interesting point about kind acts and greed.

From Wikipedia
Quote
Karma (Sanskrit: कर्म; IPA: [ˈkarmə] ( listen); Pali: kamma) means action, work or deed;[1] it also refers to the principle of causality where intent and actions of an individual influence the future of that individual.[2] Good intent and good deed contribute to good karma and future happiness, while bad intent and bad deed contribute to bad karma and future suffering.

What if we were to set up a donation for a good cause? That would be the very definition of our coin. Doing good.

Been discussed to death, its a good idea, but Karma needs to be worth something before giving it away.

Till then people need to go to the karmacoin sub and start tipping.

I see, Maybe we should link to the new official subreddit in the first post. It is a bit confusing at the moment.

http://www.reddit.com/r/Karmacoin/
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
Interesting point about kind acts and greed.

From Wikipedia
Quote
Karma (Sanskrit: कर्म; IPA: [ˈkarmə] ( listen); Pali: kamma) means action, work or deed;[1] it also refers to the principle of causality where intent and actions of an individual influence the future of that individual.[2] Good intent and good deed contribute to good karma and future happiness, while bad intent and bad deed contribute to bad karma and future suffering.

What if we were to set up a donation for a good cause? That would be the very definition of our coin. Doing good.

Been discussed to death, its a good idea, but Karma needs to be worth something before giving it away.

Till then people need to go to the karmacoin sub and start tipping.
newbie
Activity: 14
Merit: 0
Interesting point about kind acts and greed.

From Wikipedia
Quote
Karma (Sanskrit: कर्म; IPA: [ˈkarmə] ( listen); Pali: kamma) means action, work or deed;[1] it also refers to the principle of causality where intent and actions of an individual influence the future of that individual.[2] Good intent and good deed contribute to good karma and future happiness, while bad intent and bad deed contribute to bad karma and future suffering.

What if we were to set up a donation for a good cause? That would be the very definition of our coin. Doing good.
hero member
Activity: 798
Merit: 1000
As a pool operator, I've worked with quite a few devs on various coins... and I have to say that the KarmaCoin devs have been some of the most open and responsive guys I've dealt with.  They know that the community makes the coin, and they are listening!  Huge kudos (and karma  Grin) to them for making changes when necessary.

I'll be posting up a news item on our home page with the wallet download as well as sending an email note out to our 1000+ registered users to help get this wallet upgrade out as smoothly as possible.

Long live KarmaCoin!

I agree, greed is what ultimately ends up making a coin unpopular and generosity + working to make a coin a success is what makes it successful.

you reap what you sow. This is the concept of Karma at its most basic level.

I read recently that sri lanka has almost ran out of physical coins because people give them as offerings at temples so the government is now pushing for temples and churches to accept digital forms of payment...

I would love to see a crypto currency like Karmacoin fill that gap... there are literally billions of people around the world who donate coins on a weekly basis... if we could tap into that market.. not only would we be spreading the use of cryptos far and wide but we would also be helping to spread a positive message about crypo currency and how it can change the world from the ground up...

I am really sold on the idea of a coin that promotes itself through giving.
Bitcoin Jesus (Rodger veer) and Bitcoin Guru (Gavin Andreeson) were instrumental in promoting Bitcoin in the early days and they did it through simply giving away small amounts to everyone they could. They may well have given away most of their coins but they are still very wealthy because the price if BTC has skyrocketed as a result of increased adoption.
 
read more about the physical coin problem here.. and you will begin to see how Karma coin could actually fill a worldwide need..

http://in.reuters.com/article/2014/02/19/srilanka-coin-india-temple-idINDEEA1I0BZ20140219
sr. member
Activity: 252
Merit: 250
so upgrade by block 29000, it's 22800 right now... that's still a ways away, and will see another reward slice too... wish there was some sort of option for those that want to mine on a pool that's running the new update right NOW... but i don't see how that's technically feasible from what i know about hard-working a coin at a specific block...

Even when a pool upgrades their wallet, the reward logic won't change until 29,000.  If a pool tried to submit a fixed-reward block right now, the rest of the network would just reject it.
legendary
Activity: 980
Merit: 1000
so upgrade by block 29000, it's 22800 right now... that's still a ways away, and will see another reward slice too... wish there was some sort of option for those that want to mine on a pool that's running the new update right NOW... but i don't see how that's technically feasible from what i know about hard-working a coin at a specific block...
full member
Activity: 126
Merit: 100



spread the love  Smiley  KD21N6BHMAQkBUubFefURVePQVfc83eX2V
full member
Activity: 205
Merit: 100
wow what happened with the 30+ btc buy support at 3 sat while I was asleep?

some one got weak hands and dump from 4 to 3 satoshi 20+ btc. It was very good for buyers who get karma at this price of 3 satoshi and very bad for the dumpers. You see in few days extremely rise of karma. With new payouts, miners will not get so much karma anymore and the price will rise. Only a fool would sell now at 3/4 satoshi if the price is double in the week or two.



Yep, in less then an hour there is a 30 BTC bid back on 3 satoshi. now has more potential then DOGE as it is less vulnerable to the profit dump pools.

except it does not have an android app wallet, or an iphone app wallet, these need be addressed to have more potential than doge, sorry but its true
launched February 4th. It would be a record by 3 months if an android wallet was already released.
i thought the DGB wallet was available on release..... could be wrong mind :/
sr. member
Activity: 252
Merit: 250
How do i update the wallet?
Take backup, delete the wallet, and download the new one?

Just download the new client and run it instead of the old version.  Don't touch any of your data files!
jr. member
Activity: 60
Merit: 1
How do i update the wallet?
Take backup, delete the wallet, and download the new one?
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