[ANN][KARM] Karmacoin - New Initiatives - Helping People Do Good - page 23.

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Quote from: Momimaus on April 20, 2014, 05:34:57 AM

It´s hard for me to understand.
But in conclusion, you double the amount of shares. So for each coin there will be an additionally karmashare. So wheather you receive coins for share, or you keep the share, you will have half of all shares/coins. Isn´t it?
So thats´s just an additionally IPO?

1,000 coins are worth 1 point. Points become shares.

During the special period (now through May 10) you will get bonus points of between 250-1,000%. This week it is 1,000% (or 10x)

So if you put in 50,000,000 coins today you would get 500,000 points. The number of points you get do not change. You can see an example from this page: http://karmashares.com/explorer-v01

The number of shares is not doubled. Actually, we will only know the total number of shares at the end of the special period.

I hope this answers your questions some. Please let me know if I didn't understand. Thanks

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Quote from: kahir on April 20, 2014, 05:01:27 AM

kosmost

i would like some tutorial with steps for how to get karma shares with your karma coins ... alot of people asking me on twitter

Step 1: Send 5 million or more Karma to the address posted here: http://www.reddit.com/r/Karmashares/comments/23gl6g/karmashares_llc_ready_to_roll_heres_how_to_buy/

Step 2: Check the Shares and Points list page to see a confirmation: http://karmashares.com/explorer-v01

You can sign a message with your BTC payment address from our contact form on our website or wait for the Share Explorer where you'll be able to login and verify your BTC address so we have it on file when it's time to send out profit distributions

Let us know if you have any other questions or concerns. thanks!

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Quote from: perhan007 on April 20, 2014, 04:51:58 AM

Karmashare is nothing but removing all sell orders in order to cause a shortage of supply and to force up the price...

And cryptocurrencies are nothing but a conspiracy to move all your money to digital format so your taxes can be calculated by the government down to the satoshi!

easteagle13

hero member

Activity: 658

Merit: 500

Quote from: kosmost on April 20, 2014, 09:41:07 AM

Quote from: easteagle13 on April 19, 2014, 11:50:38 PM

Quote from: kosmost on April 19, 2014, 11:43:07 PM

To the person who sent 514,999 (515,000) coins. Please note that the minimum is 10,000,000 coins, so you have 9,485,000 coins more to exchange. Thanks!

kosmost how will you know from whom the coin came?

A person will own the LLC according to their wallet address. This is also how we will vote and verify any BTC payment address (via signed message).

As you can see on the latest transaction page (PDFs to come), we have the transaction's ID and the wallet address that it came from. We may make it in future so you can login to the Share Explorer and associate multiple wallet addresses with your profile so you don't have to enter or search for each one manually.

I hope this answers your question. Please let us know should you have any other questions or concerns.

Thanks for the reply and in fact there is another very important question How will the 200K reward from the new alliance forum come

?

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Quote from: rickyross on April 20, 2014, 04:44:07 AM

Kosmost, thanks for being so helpful to the community.

Also, is there a new version of the wallet as of today? Or am I holding the latest wallet already? (I downloaded it 1 month ago.)

It's a pleasure...

New Windows wallet coming out on Tuesday, if all goes according to plan. Mac and Linux wallets a couple of days after.

The wallet you have is the latest. (The -b version is just a graphical update)

Hope this helps.

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Quote from: ezvm on April 20, 2014, 03:11:07 AM

Just sent my first 5 Mil to: K8rMbDnZ7xX9VqBXmLwA7DCnYra1ftw3gE
Will send more soon

Thanks! You can check the Shares and Points List now (PDFs to come in a few hours): http://karmashares.com/explorer-v01

spitfire1337

member

Activity: 168

Merit: 10

Quote from: kosmost on April 20, 2014, 09:42:59 AM

Quote from: Matheltu on April 20, 2014, 12:11:37 AM

Can I send straight to the KARMAshare wallet sddress from my mintpal account?

Yes, that is fine.

How would he be able to send you a btc address for payouts via signed message if he doesn't have access to the wallet that the sending address is from. I wouldn't recommend it.

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Quote from: One Six on April 20, 2014, 02:39:00 AM

Quote from: kosmost on April 20, 2014, 02:32:48 AM

Karmacoin is now a charter member of the new Altcoin Alliance, along with Litecoin, Dogecoin, and Digibytes.

Join us! https://www.altcoinalliance.org/cf/forumdisplay.php?fid=24

kosmost = Karma coin's most

Great news. Cheesy

(In Carl Sagan's Cosmos voice) "Billions and billions of coins make up the altcoin galaxy"

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Quote from: cryptowho on April 20, 2014, 12:37:26 AM

Guys. c'mon now. karmacoin is not about poking at other communities. don't forget. there are people there who are at lost in investments.

i wish we all work together and help each other out. there is room for a lot of coins at crypto world.

i hope the best to all the coins.

Me, too. Especially Reddcoin since I have so many of them!

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Quote from: Matheltu on April 20, 2014, 12:11:37 AM

Can I send straight to the KARMAshare wallet sddress from my mintpal account?

No. Sorry. You must send funds through your Windows/Mac/Linux wallet.

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Quote from: easteagle13 on April 19, 2014, 11:50:38 PM

Quote from: kosmost on April 19, 2014, 11:43:07 PM

To the person who sent 514,999 (515,000) coins. Please note that the minimum is 10,000,000 coins, so you have 9,485,000 coins more to exchange. Thanks!

kosmost how will you know from whom the coin came?

A person will own the LLC according to their wallet address. This is also how we will vote and verify any BTC payment address (via signed message).

As you can see on the latest transaction page (PDFs to come), we have the transaction's ID and the wallet address that it came from. We may make it in future so you can login to the Share Explorer and associate multiple wallet addresses with your profile so you don't have to enter or search for each one manually.

I hope this answers your question. Please let us know should you have any other questions or concerns.

Momimaus

hero member

Activity: 767

Merit: 500

Never back down !!!

Quote from: Momimaus on April 20, 2014, 05:34:57 AM

It´s hard for me to understand.
But in conclusion, you double the amount of shares. So for each coin there will be an additionally karmashare. So wheather you receive coins for share, or you keep the share, you will have half of all shares/coins. Isn´t it?
So thats´s just an additionally IPO?

?

heartastack

hero member

Activity: 714

Merit: 500

Coin looks good!

Maurizio

hero member

Activity: 770

Merit: 500

finally we will see 1Satoschi Cheesy

ShawnLeary

hero member

Activity: 518

Merit: 504

Quote from: ptman on April 20, 2014, 08:00:08 AM

Where is the official IRC chat room for KarmaCoin?

I would like to participate more.

its on freenode #karmacoin

ptman

sr. member

Activity: 532

Merit: 250

Where is the official IRC chat room for KarmaCoin?

I would like to participate more.

kosmost

hero member

Activity: 1022

Merit: 501

Creator of the ICO

Quote from: Poogasm on April 19, 2014, 07:54:27 PM

Hypothetical:
I invest 10 mil now during the 10x period and get my points. A month down the road, I snatch a bunch off an exchange and hold them for 30 days, I get a share for that. I am clear so far on this part, I think.

So, how does it work for that 10 mil I held for a month? If I sell them and someone else holds them for a month, they get a share for them too?
Or, if I only sell say, 1 mil of the ten and then buy 1 mil a couple weeks later and hold for a month, do I get another share even though 9 mil of that already counted toward a share?

We're working on a Share Explorer so that you can visualize your actual wallet and see what would count towards what %

In your example, though, the 1 million has not been held for more than 30 days so it would not count.

ptman

sr. member

Activity: 532

Merit: 250

Quote from: tomoto on April 20, 2014, 07:06:06 AM

Komost you say you dont leave this coin till 500.

Is it 500 LATOSHIS or 500 btc SATOSHI ?

About the people who dump their coins.
If you dont trust a coin dont invest in, we dont need dumper.

If people keep more coin in their wallet the price will go up much faster than putting big sell order...

Its 500 satoshi.

ShawnLeary

hero member

Activity: 518

Merit: 504

Quote from: perhan007 on April 20, 2014, 05:16:53 AM

Could the thread-creater please update the exchanges? The current situation is very unsatisfactory Sad

We will be starting a new thread with all updated info very soon. Stay tuned, great things to come.

ShawnLeary

hero member

Activity: 518

Merit: 504

Quote from: perhan007 on April 20, 2014, 03:22:33 AM

Quote from: ShawnLeary on April 20, 2014, 12:12:37 AM

Anyone else seeing a brilliant arbitrage setting up between Bittrex and Mintpal?? someone is selling 186M for 1Sat still on there!! Someone is asleep at the wheel. Free money available at Bittrex!!! Cheesy

I just wanted to buy some of the 186M @ 1 Satoshi but I cant see any offers??

They vanished pretty quickly after I posted that. I was barely able to stay awake st the time or I would have jumped on it, would have been an easy .5BTC profit for the tedious work of moving the coins off of Bittrex, which has a withdrawal limit of 10M KARM at each request.

Topic: [ANN][KARM] Karmacoin - New Initiatives - Helping People Do Good - page 23. (Read 352484 times)