Karmacoin on front page of reddit right now under HOT, go UP vote!!!
Voted and the link is here -> http://www.reddit.com/r/Karmacoin/comments/21jihk/help_the_team_out/
Go baby!!!
Topic: [ANN][KARM] Karmacoin - New Initiatives - Helping People Do Good - page 62. (Read 352484 times)
March 27, 2014, 07:47:00 PM
Voted and the link is here -> http://www.reddit.com/r/Karmacoin/comments/21jihk/help_the_team_out/
Go baby!!!
March 27, 2014, 07:45:26 PM
March 27, 2014, 07:43:49 PM
Karmacoin on front page of reddit right now under HOT, go UP vote!!!
Voted and the link is here -> http://www.reddit.com/r/Karmacoin/comments/21jihk/help_the_team_out/
March 27, 2014, 07:25:06 PM
Karmacoin on front page of reddit right now under HOT, go UP vote!!!
March 27, 2014, 02:56:35 PM
http://www.cryptokk.com/gfx/externals/pres/logo2.png
www.cryptokk.com
A new kind of exchange market,
swap your altcoins for altcoins,
Build for free your crypto-shop,
Multi-pairs trading,
Easy-to-use and suitable to all supports (phones, tablets, desktop, ect...).
Multi-lingual.
Official thread: https://bitcointalksearch.org/topic/ann-cryptokkcom-exchange-market-services-70-coins-last-news-04-21-507303
Is now trading
http://www.cryptokk.com/gfx/coins/karm.png
Swap your KARM with 35 other coins !
BTW: p4r4m0un7, what you say is very nice and interesting.
March 27, 2014, 02:22:39 PM
You have a good idea,I like it.
March 27, 2014, 02:21:06 PM
...
My username is: gattacicova
You have delete my trade history .
Im lose 9975 karmacoin , not returned in my wallet . I did withdraw .
where is my money .
My username is: gattacicova
You have delete my trade history .
Im lose 9975 karmacoin , not returned in my wallet . I did withdraw .
where is my money .
Is it right? Wrong
Try to have a look Is it right? Own operation mistake
But the security problem is really very important
March 27, 2014, 02:11:36 PM
The coin is obviously stuck. 2 months and only downtrend. In this days if one coin doesn`t move in such time it is going to trash. Let`s not lie to ourselves. Unfortunately the measures that have been taken didn`t work. I suggest the hashing algo change to X11. let`s vote to see what the community think. What is your opinion guys?
Don't be ridiculous. We've only been at it for 3 weeks. Have some patience. Karmacoin has been holding strong, not rising. Our coins are fairly distributed, and we have a plan. It's good to sit here for a while and wait out the storm. The perfect time to strike is soon, but not now. Good things come to those who know what it means to invest.
In the meantime:
"The Karmacoin Economy. How it is Unique": http://www.reddit.com/r/Karmacoin/comments/21hbs1/the_karmacoin_economy_how_it_is_unique/
"Would you use a Karmacoin debit card? Payments like Square?" : http://www.reddit.com/r/Karmacoin/comments/21hqto/would_you_use_a_karmacoin_debit_card_payments/
Feel free to list other coins that are not only considering the future but actively taking steps to secure our place at the top of the cryptocurrency movement. I can only think of Dogecoin and Reddcoin. But, again, Karmacoin is very unique.
You got it all wrong. The measures from the last 3 weeks are pointed to attract investors and attention to our thing. What I am suggesting is to attract more attention to miners. The net is 400MHs. This is nothing. We are going to the floor. Every miner knows that the future is not in pure scrypt, but in different hashing methods. X11 is one of them. It runs smoother with lower temperatures, less power consumption and the ones who adopt it now, before the summer and asics, will only benefit. The others will miss the train with no exit to success. This is so obvious and got nothing to do with the great job that you did in the past weeks. I don`t write much here, but believe me, I have tipped for over 60 millions karms in my forums and soc nets and got no attention to miners, because everybody says that Karmacoin is just another doge, lite, etc clone. Miners are not stupid. They know. There must be some innovation on the technical side of the coin, if it is to succeed. You are all talking about the falling markets of cryptos, but this is not true. They are down only for the ones who don`t innovate. Look at the Vertcoin, Darkcoin and now even Hirocoin. On the other side I don`t see how Karmacoin will hold even to 16 litoshis. Only branding by itself won`t work, just won`t. There must be improvement on the technical side. Think about it.
there is a big debate about whether asics are good or bad so it would be unwise to act rashly..
on the one hand... Bitcoin Sha256 ASICS did kill off all the GPU miners and force them onto litecoin. the net result of that huge influx of investment into Sha 256 asics was an explosion on the bitcoin price.
it was only after Bitcoin exploded that Litecoin started to gain traction as people started to diversify their portfolios.
so what will happen in the next few months.... will the new Scrypt asics cause a explosion in litecoin price? some people in china seem to think so since every exchange there now trades LTC.
one thing of course is certain.. that is that GPU miners will be forced onto other algo coins... but does that mean that Scrypt coins other than Litecoin are doomed?
if history is anything to go by then as the fiat money begins to flow into the scrypt ocean, all Scrypt based
but there is a catch... as more powerful asics hit the market it means that inevitably the Scrypt based hashing power becomes more centralized.
this in turn means that the weaker scrypt based coins are vulnerable to 51% attack.
we saw this in the past when TerraCoin (TRC) got 51% attacked several times by unscrupulous Sha 256 ASIC farmers (but ironically they are still around and kicking)...
so I think its good to have the debate... but it is far from clear at this point whether changing the proof of work is a good thing or not.
as I understand it.. Spain coin has moved from Scrypt over to Scrypt-N.. yet Aurora hasn't (I think)
scrypt N is probably one of the best algos to fight against ASICs but its still unclear whether fighting against ASICs is a worthwhile excersize.
and ofcourse Scrypt N is even harder on your GPUs so it can cause cards to burn out more regularly than scrypt (which is something you definitely do not want)
Keccak (SHA-3) is an option that people are also talking about.. but there are already ASICS for Keccak that have been created (just not mass produced yet)
Multi hash systems like X11 though they sound like a good idea may end up ultimately being futile too because Multi Hash ASICS do already exist (just not mass produced) and X11 isn't memory hard...
so as you can see.. in this game there is no right or wrong answer and nothing is as it seems....
so I say we wait and see.... its fine and healthy to discuss hypothetical... but my view is, lets deal with the actual problems as they occur.
in my experience its the coins with the strong and active Dev teams which survive the tumultuous times, not those with the best tech initially.
for anyone who is worried about Scrypt based coins devaluing.. my advice would be to broaden your portfolio to hold as many different kinds of coins as you can.
seriously who knows whats around the corner.. I sure don't.
I know. The so called "boss coins" will rise. Litecoin - 100-120 dollars. Darkcoin - 20 dollars and up, Vertcoin - 30 dollars and up. So called "middle boss" coins will rise also. Dogecoin - 400 satoshi.
Delaforetnoire You don`t get it. For speculative purposes it doesn`t matter how any coin worth, and that include Karmacoin. If I want to speculate and make quick profits, I will buy 400-500 million and why not 1-2 billion at 15-25 litoshis and then dump on 1 satoshi. Do the math. Guys, sometimes you are talking like it is your first coin and first mining day, and you never saw a pump and dump.
March 27, 2014, 01:03:01 PM
The coin is obviously stuck. 2 months and only downtrend. In this days if one coin doesn`t move in such time it is going to trash. Let`s not lie to ourselves. Unfortunately the measures that have been taken didn`t work. I suggest the hashing algo change to X11. let`s vote to see what the community think. What is your opinion guys?
Don't be ridiculous. We've only been at it for 3 weeks. Have some patience. Karmacoin has been holding strong, not rising. Our coins are fairly distributed, and we have a plan. It's good to sit here for a while and wait out the storm. The perfect time to strike is soon, but not now. Good things come to those who know what it means to invest.
In the meantime:
"The Karmacoin Economy. How it is Unique": http://www.reddit.com/r/Karmacoin/comments/21hbs1/the_karmacoin_economy_how_it_is_unique/
"Would you use a Karmacoin debit card? Payments like Square?" : http://www.reddit.com/r/Karmacoin/comments/21hqto/would_you_use_a_karmacoin_debit_card_payments/
Feel free to list other coins that are not only considering the future but actively taking steps to secure our place at the top of the cryptocurrency movement. I can only think of Dogecoin and Reddcoin. But, again, Karmacoin is very unique.
You got it all wrong. The measures from the last 3 weeks are pointed to attract investors and attention to our thing. What I am suggesting is to attract more attention to miners. The net is 400MHs. This is nothing. We are going to the floor. Every miner knows that the future is not in pure scrypt, but in different hashing methods. X11 is one of them. It runs smoother with lower temperatures, less power consumption and the ones who adopt it now, before the summer and asics, will only benefit. The others will miss the train with no exit to success. This is so obvious and got nothing to do with the great job that you did in the past weeks. I don`t write much here, but believe me, I have tipped for over 60 millions karms in my forums and soc nets and got no attention to miners, because everybody says that Karmacoin is just another doge, lite, etc clone. Miners are not stupid. They know. There must be some innovation on the technical side of the coin, if it is to succeed. You are all talking about the falling markets of cryptos, but this is not true. They are down only for the ones who don`t innovate. Look at the Vertcoin, Darkcoin and now even Hirocoin. On the other side I don`t see how Karmacoin will hold even to 16 litoshis. Only branding by itself won`t work, just won`t. There must be improvement on the technical side. Think about it.
there is a big debate about whether asics are good or bad so it would be unwise to act rashly..
on the one hand... Bitcoin Sha256 ASICS did kill off all the GPU miners and force them onto litecoin. the net result of that huge influx of investment into Sha 256 asics was an explosion on the bitcoin price.
it was only after Bitcoin exploded that Litecoin started to gain traction as people started to diversify their portfolios.
so what will happen in the next few months.... will the new Scrypt asics cause a explosion in litecoin price? some people in china seem to think so since every exchange there now trades LTC.
one thing of course is certain.. that is that GPU miners will be forced onto other algo coins... but does that mean that Scrypt coins other than Litecoin are doomed?
if history is anything to go by then as the fiat money begins to flow into the scrypt ocean, all Scrypt based
but there is a catch... as more powerful asics hit the market it means that inevitably the Scrypt based hashing power becomes more centralized.
this in turn means that the weaker scrypt based coins are vulnerable to 51% attack.
we saw this in the past when TerraCoin (TRC) got 51% attacked several times by unscrupulous Sha 256 ASIC farmers (but ironically they are still around and kicking)...
so I think its good to have the debate... but it is far from clear at this point whether changing the proof of work is a good thing or not.
as I understand it.. Spain coin has moved from Scrypt over to Scrypt-N.. yet Aurora hasn't (I think)
scrypt N is probably one of the best algos to fight against ASICs but its still unclear whether fighting against ASICs is a worthwhile excersize.
and ofcourse Scrypt N is even harder on your GPUs so it can cause cards to burn out more regularly than scrypt (which is something you definitely do not want)
Keccak (SHA-3) is an option that people are also talking about.. but there are already ASICS for Keccak that have been created (just not mass produced yet)
Multi hash systems like X11 though they sound like a good idea may end up ultimately being futile too because Multi Hash ASICS do already exist (just not mass produced) and X11 isn't memory hard...
so as you can see.. in this game there is no right or wrong answer and nothing is as it seems....
so I say we wait and see.... its fine and healthy to discuss hypothetical... but my view is, lets deal with the actual problems as they occur.
in my experience its the coins with the strong and active Dev teams which survive the tumultuous times, not those with the best tech initially.
for anyone who is worried about Scrypt based coins devaluing.. my advice would be to broaden your portfolio to hold as many different kinds of coins as you can.
seriously who knows whats around the corner.. I sure don't.
I know. The so called "boss coins" will rise. Litecoin - 100-120 dollars. Darkcoin - 20 dollars and up, Vertcoin - 30 dollars and up. So called "middle boss" coins will rise also. Dogecoin - 400 satoshi.
Delaforetnoire You don`t get it. For speculative purposes it doesn`t matter how any coin worth, and that include Karmacoin. If I want to speculate and make quick profits, I will buy 400-500 million and why not 1-2 billion at 15-25 litoshis and then dump on 1 satoshi. Do the math. Guys, sometimes you are talking like it is your first coin and first mining day, and you never saw a pump and dump.
March 27, 2014, 10:27:37 AM
Figuratively stole the words right out of my mouth.
Gold star rebuttal post from Alphi imho.
Don't be ridiculous. We've only been at it for 3 weeks. Have some patience. Karmacoin has been holding strong, not rising. Our coins are fairly distributed, and we have a plan. It's good to sit here for a while and wait out the storm. The perfect time to strike is soon, but not now. Good things come to those who know what it means to invest.
In the meantime:
"The Karmacoin Economy. How it is Unique": http://www.reddit.com/r/Karmacoin/comments/21hbs1/the_karmacoin_economy_how_it_is_unique/
"Would you use a Karmacoin debit card? Payments like Square?" : http://www.reddit.com/r/Karmacoin/comments/21hqto/would_you_use_a_karmacoin_debit_card_payments/
Feel free to list other coins that are not only considering the future but actively taking steps to secure our place at the top of the cryptocurrency movement. I can only think of Dogecoin and Reddcoin. But, again, Karmacoin is very unique.
You got it all wrong. The measures from the last 3 weeks are pointed to attract investors and attention to our thing. What I am suggesting is to attract more attention to miners. The net is 400MHs. This is nothing. We are going to the floor. Every miner knows that the future is not in pure scrypt, but in different hashing methods. X11 is one of them. It runs smoother with lower temperatures, less power consumption and the ones who adopt it now, before the summer and asics, will only benefit. The others will miss the train with no exit to success. This is so obvious and got nothing to do with the great job that you did in the past weeks. I don`t write much here, but believe me, I have tipped for over 60 millions karms in my forums and soc nets and got no attention to miners, because everybody says that Karmacoin is just another doge, lite, etc clone. Miners are not stupid. They know. There must be some innovation on the technical side of the coin, if it is to succeed. You are all talking about the falling markets of cryptos, but this is not true. They are down only for the ones who don`t innovate. Look at the Vertcoin, Darkcoin and now even Hirocoin. On the other side I don`t see how Karmacoin will hold even to 16 litoshis. Only branding by itself won`t work, just won`t. There must be improvement on the technical side. Think about it.
there is a big debate about whether asics are good or bad so it would be unwise to act rashly..
on the one hand... Bitcoin Sha256 ASICS did kill off all the GPU miners and force them onto litecoin. the net result of that huge influx of investment into Sha 256 asics was an explosion on the bitcoin price.
it was only after Bitcoin exploded that Litecoin started to gain traction as people started to diversify their portfolios.
so what will happen in the next few months.... will the new Scrypt asics cause a explosion in litecoin price? some people in china seem to think so since every exchange there now trades LTC.
one thing of course is certain.. that is that GPU miners will be forced onto other algo coins... but does that mean that Scrypt coins other than Litecoin are doomed?
if history is anything to go by then as the fiat money begins to flow into the scrypt ocean, all Scrypt basedboats coins should also rise...
but there is a catch... as more powerful asics hit the market it means that inevitably the Scrypt based hashing power becomes more centralized.
this in turn means that the weaker scrypt based coins are vulnerable to 51% attack.
we saw this in the past when TerraCoin (TRC) got 51% attacked several times by unscrupulous Sha 256 ASIC farmers (but ironically they are still around and kicking)...
so I think its good to have the debate... but it is far from clear at this point whether changing the proof of work is a good thing or not.
as I understand it.. Spain coin has moved from Scrypt over to Scrypt-N.. yet Aurora hasn't (I think)
scrypt N is probably one of the best algos to fight against ASICs but its still unclear whether fighting against ASICs is a worthwhile excersize.
and ofcourse Scrypt N is even harder on your GPUs so it can cause cards to burn out more regularly than scrypt (which is something you definitely do not want)
Keccak (SHA-3) is an option that people are also talking about.. but there are already ASICS for Keccak that have been created (just not mass produced yet)
Multi hash systems like X11 though they sound like a good idea may end up ultimately being futile too because Multi Hash ASICS do already exist (just not mass produced) and X11 isn't memory hard...
so as you can see.. in this game there is no right or wrong answer and nothing is as it seems....
so I say we wait and see.... its fine and healthy to discuss hypothetical... but my view is, lets deal with the actual problems as they occur.
in my experience its the coins with the strong and active Dev teams which survive the tumultuous times, not those with the best tech initially.
for anyone who is worried about Scrypt based coins devaluing.. my advice would be to broaden your portfolio to hold as many different kinds of coins as you can.
seriously who knows whats around the corner.. I sure don't.
Gold star rebuttal post from Alphi imho.
The coin is obviously stuck. 2 months and only downtrend. In this days if one coin doesn`t move in such time it is going to trash. Let`s not lie to ourselves. Unfortunately the measures that have been taken didn`t work. I suggest the hashing algo change to X11. let`s vote to see what the community think. What is your opinion guys?
Don't be ridiculous. We've only been at it for 3 weeks. Have some patience. Karmacoin has been holding strong, not rising. Our coins are fairly distributed, and we have a plan. It's good to sit here for a while and wait out the storm. The perfect time to strike is soon, but not now. Good things come to those who know what it means to invest.
In the meantime:
"The Karmacoin Economy. How it is Unique": http://www.reddit.com/r/Karmacoin/comments/21hbs1/the_karmacoin_economy_how_it_is_unique/
"Would you use a Karmacoin debit card? Payments like Square?" : http://www.reddit.com/r/Karmacoin/comments/21hqto/would_you_use_a_karmacoin_debit_card_payments/
Feel free to list other coins that are not only considering the future but actively taking steps to secure our place at the top of the cryptocurrency movement. I can only think of Dogecoin and Reddcoin. But, again, Karmacoin is very unique.
You got it all wrong. The measures from the last 3 weeks are pointed to attract investors and attention to our thing. What I am suggesting is to attract more attention to miners. The net is 400MHs. This is nothing. We are going to the floor. Every miner knows that the future is not in pure scrypt, but in different hashing methods. X11 is one of them. It runs smoother with lower temperatures, less power consumption and the ones who adopt it now, before the summer and asics, will only benefit. The others will miss the train with no exit to success. This is so obvious and got nothing to do with the great job that you did in the past weeks. I don`t write much here, but believe me, I have tipped for over 60 millions karms in my forums and soc nets and got no attention to miners, because everybody says that Karmacoin is just another doge, lite, etc clone. Miners are not stupid. They know. There must be some innovation on the technical side of the coin, if it is to succeed. You are all talking about the falling markets of cryptos, but this is not true. They are down only for the ones who don`t innovate. Look at the Vertcoin, Darkcoin and now even Hirocoin. On the other side I don`t see how Karmacoin will hold even to 16 litoshis. Only branding by itself won`t work, just won`t. There must be improvement on the technical side. Think about it.
there is a big debate about whether asics are good or bad so it would be unwise to act rashly..
on the one hand... Bitcoin Sha256 ASICS did kill off all the GPU miners and force them onto litecoin. the net result of that huge influx of investment into Sha 256 asics was an explosion on the bitcoin price.
it was only after Bitcoin exploded that Litecoin started to gain traction as people started to diversify their portfolios.
so what will happen in the next few months.... will the new Scrypt asics cause a explosion in litecoin price? some people in china seem to think so since every exchange there now trades LTC.
one thing of course is certain.. that is that GPU miners will be forced onto other algo coins... but does that mean that Scrypt coins other than Litecoin are doomed?
if history is anything to go by then as the fiat money begins to flow into the scrypt ocean, all Scrypt based
but there is a catch... as more powerful asics hit the market it means that inevitably the Scrypt based hashing power becomes more centralized.
this in turn means that the weaker scrypt based coins are vulnerable to 51% attack.
we saw this in the past when TerraCoin (TRC) got 51% attacked several times by unscrupulous Sha 256 ASIC farmers (but ironically they are still around and kicking)...
so I think its good to have the debate... but it is far from clear at this point whether changing the proof of work is a good thing or not.
as I understand it.. Spain coin has moved from Scrypt over to Scrypt-N.. yet Aurora hasn't (I think)
scrypt N is probably one of the best algos to fight against ASICs but its still unclear whether fighting against ASICs is a worthwhile excersize.
and ofcourse Scrypt N is even harder on your GPUs so it can cause cards to burn out more regularly than scrypt (which is something you definitely do not want)
Keccak (SHA-3) is an option that people are also talking about.. but there are already ASICS for Keccak that have been created (just not mass produced yet)
Multi hash systems like X11 though they sound like a good idea may end up ultimately being futile too because Multi Hash ASICS do already exist (just not mass produced) and X11 isn't memory hard...
so as you can see.. in this game there is no right or wrong answer and nothing is as it seems....
so I say we wait and see.... its fine and healthy to discuss hypothetical... but my view is, lets deal with the actual problems as they occur.
in my experience its the coins with the strong and active Dev teams which survive the tumultuous times, not those with the best tech initially.
for anyone who is worried about Scrypt based coins devaluing.. my advice would be to broaden your portfolio to hold as many different kinds of coins as you can.
seriously who knows whats around the corner.. I sure don't.
March 27, 2014, 09:07:34 AM
If we're serious about Karmacoin becoming successful, we need services and ways for people to buy/spend/share Karma
Total donations so far (BTC*): 0
Total donations so far (KARM): 112 400 595
Total sponsorships: 0
KARMA ANDRESS: KJRcPzWTnofMNteMfJwPTPvfs7RWjhz3cB
Serious about Karmacoin? Please donate something. It could even be 1 Karma. 1 Karma is better than 0 Karma
*Above amounts do not include my own donations
Total donations so far (BTC*): 0
Total donations so far (KARM): 112 400 595
Total sponsorships: 0
KARMA ANDRESS: KJRcPzWTnofMNteMfJwPTPvfs7RWjhz3cB
Serious about Karmacoin? Please donate something. It could even be 1 Karma. 1 Karma is better than 0 Karma
*Above amounts do not include my own donations
Donate a bit !
http://explorer.karmacoin.info/address/KJRcPzWTnofMNteMfJwPTPvfs7RWjhz3cB
Dev Bounties!
http://www.reddit.com/r/Karmacoin/comments/20m80z/ann_dev_bounties_up_to_20_btc_in_bounties_bots/
------------------------
Do not forget !
Everyone go and vote for KARM!
https://bitcointalksearch.org/topic/annvote-new-coins-on-btercom-which-new-coin-should-bter-add-in-next-week-502363
https://comkort.com/vote#KARM
Who not voted go there.
Look Reddit: http://www.reddit.com/r/Karmacoin
Site: http://karmacoin.me
Social: http://karmashare.me
March 27, 2014, 08:34:00 AM
Delaforetnoire Thread, Votes!!!
http://www.reddit.com/r/dogecoin/comments/21hz1k/share_good_karma_and_good_actions_on_new_crypto/
--- Others ---
http://www.reddit.com/r/reddCoin/comments/21elc2/new_site_focusing_on_social_coins_karma_%C3%B0_and_rdd/
http://www.reddit.com/r/Karmacoin/comments/219epv/karmashare_now_more_like_facebook_for_easy/
http://www.reddit.com/r/dogecoin/comments/21hz1k/share_good_karma_and_good_actions_on_new_crypto/
--- Others ---
http://www.reddit.com/r/reddCoin/comments/21elc2/new_site_focusing_on_social_coins_karma_%C3%B0_and_rdd/
http://www.reddit.com/r/Karmacoin/comments/219epv/karmashare_now_more_like_facebook_for_easy/
March 27, 2014, 08:20:31 AM
Bleutrade is now trading Karmacoin!
KARM/BTC KARM/BTC KARM/LTC KARM/DOGE
Exchange with chat box
https://bleutrade.com/exchange
KARM/BTC KARM/BTC KARM/LTC KARM/DOGE
Exchange with chat box
https://bleutrade.com/exchange
Good news! Just need some volume on that site now
Guys move some orders to Bleutrade.
Talked to them and added Karmacoin.
Good for us more exchanges.
March 27, 2014, 08:10:23 AM
never pump... 
March 27, 2014, 08:09:50 AM
Bleutrade is now trading Karmacoin!
KARM/BTC KARM/BTC KARM/LTC KARM/DOGE
Exchange with chat box
https://bleutrade.com/exchange
KARM/BTC KARM/BTC KARM/LTC KARM/DOGE
Exchange with chat box
https://bleutrade.com/exchange
Good news! Just need some volume on that site now
March 27, 2014, 07:25:13 AM
2 weeks for better algo? No, maybe just tomorrow. Or tonight. How is this a stopper to make something better? It is really simple. If somebody continue to do what he is doing, he will continue to achieve what he is achieving.
March 27, 2014, 07:16:12 AM
The coin is obviously stuck. 2 months and only downtrend. In this days if one coin doesn`t move in such time it is going to trash. Let`s not lie to ourselves. Unfortunately the measures that have been taken didn`t work. I suggest the hashing algo change to X11. let`s vote to see what the community think. What is your opinion guys?
Don't be ridiculous. We've only been at it for 3 weeks. Have some patience. Karmacoin has been holding strong, not rising. Our coins are fairly distributed, and we have a plan. It's good to sit here for a while and wait out the storm. The perfect time to strike is soon, but not now. Good things come to those who know what it means to invest.
In the meantime:
"The Karmacoin Economy. How it is Unique": http://www.reddit.com/r/Karmacoin/comments/21hbs1/the_karmacoin_economy_how_it_is_unique/
"Would you use a Karmacoin debit card? Payments like Square?" : http://www.reddit.com/r/Karmacoin/comments/21hqto/would_you_use_a_karmacoin_debit_card_payments/
Feel free to list other coins that are not only considering the future but actively taking steps to secure our place at the top of the cryptocurrency movement. I can only think of Dogecoin and Reddcoin. But, again, Karmacoin is very unique.
You got it all wrong. The measures from the last 3 weeks are pointed to attract investors and attention to our thing. What I am suggesting is to attract more attention to miners. The net is 400MHs. This is nothing. We are going to the floor. Every miner knows that the future is not in pure scrypt, but in different hashing methods. X11 is one of them. It runs smoother with lower temperatures, less power consumption and the ones who adopt it now, before the summer and asics, will only benefit. The others will miss the train with no exit to success. This is so obvious and got nothing to do with the great job that you did in the past weeks. I don`t write much here, but believe me, I have tipped for over 60 millions karms in my forums and soc nets and got no attention to miners, because everybody says that Karmacoin is just another doge, lite, etc clone. Miners are not stupid. They know. There must be some innovation on the technical side of the coin, if it is to succeed. You are all talking about the falling markets of cryptos, but this is not true. They are down only for the ones who don`t innovate. Look at the Vertcoin, Darkcoin and now even Hirocoin. On the other side I don`t see how Karmacoin will hold even to 16 litoshis. Only branding by itself won`t work, just won`t. There must be improvement on the technical side. Think about it.
there is a big debate about whether asics are good or bad so it would be unwise to act rashly..
on the one hand... Bitcoin Sha256 ASICS did kill off all the GPU miners and force them onto litecoin. the net result of that huge influx of investment into Sha 256 asics was an explosion on the bitcoin price.
it was only after Bitcoin exploded that Litecoin started to gain traction as people started to diversify their portfolios.
so what will happen in the next few months.... will the new Scrypt asics cause a explosion in litecoin price? some people in china seem to think so since every exchange there now trades LTC.
one thing of course is certain.. that is that GPU miners will be forced onto other algo coins... but does that mean that Scrypt coins other than Litecoin are doomed?
if history is anything to go by then as the fiat money begins to flow into the scrypt ocean, all Scrypt based
but there is a catch... as more powerful asics hit the market it means that inevitably the Scrypt based hashing power becomes more centralized.
this in turn means that the weaker scrypt based coins are vulnerable to 51% attack.
we saw this in the past when TerraCoin (TRC) got 51% attacked several times by unscrupulous Sha 256 ASIC farmers (but ironically they are still around and kicking)...
so I think its good to have the debate... but it is far from clear at this point whether changing the proof of work is a good thing or not.
as I understand it.. Spain coin has moved from Scrypt over to Scrypt-N.. yet Aurora hasn't (I think)
scrypt N is probably one of the best algos to fight against ASICs but its still unclear whether fighting against ASICs is a worthwhile excersize.
and ofcourse Scrypt N is even harder on your GPUs so it can cause cards to burn out more regularly than scrypt (which is something you definitely do not want)
Keccak (SHA-3) is an option that people are also talking about.. but there are already ASICS for Keccak that have been created (just not mass produced yet)
Multi hash systems like X11 though they sound like a good idea may end up ultimately being futile too because Multi Hash ASICS do already exist (just not mass produced) and X11 isn't memory hard...
so as you can see.. in this game there is no right or wrong answer and nothing is as it seems....
so I say we wait and see.... its fine and healthy to discuss hypothetical... but my view is, lets deal with the actual problems as they occur.
in my experience its the coins with the strong and active Dev teams which survive the tumultuous times, not those with the best tech initially.
for anyone who is worried about Scrypt based coins devaluing.. my advice would be to broaden your portfolio to hold as many different kinds of coins as you can.
seriously who knows whats around the corner.. I sure don't.
March 27, 2014, 06:02:27 AM
The coin is obviously stuck. 2 months and only downtrend. In this days if one coin doesn`t move in such time it is going to trash. Let`s not lie to ourselves. Unfortunately the measures that have been taken didn`t work. I suggest the hashing algo change to X11. let`s vote to see what the community think. What is your opinion guys?
Don't be ridiculous. We've only been at it for 3 weeks. Have some patience. Karmacoin has been holding strong, not rising. Our coins are fairly distributed, and we have a plan. It's good to sit here for a while and wait out the storm. The perfect time to strike is soon, but not now. Good things come to those who know what it means to invest.
In the meantime:
"The Karmacoin Economy. How it is Unique": http://www.reddit.com/r/Karmacoin/comments/21hbs1/the_karmacoin_economy_how_it_is_unique/
"Would you use a Karmacoin debit card? Payments like Square?" : http://www.reddit.com/r/Karmacoin/comments/21hqto/would_you_use_a_karmacoin_debit_card_payments/
Feel free to list other coins that are not only considering the future but actively taking steps to secure our place at the top of the cryptocurrency movement. I can only think of Dogecoin and Reddcoin. But, again, Karmacoin is very unique.
You got it all wrong. The measures from the last 3 weeks are pointed to attract investors and attention to our thing. What I am suggesting is to attract more attention to miners. The net is 400MHs. This is nothing. We are going to the floor. Every miner knows that the future is not in pure scrypt, but in different hashing methods. X11 is one of them. It runs smoother with lower temperatures, less power consumption and the ones who adopt it now, before the summer and asics, will only benefit. The others will miss the train with no exit to success. This is so obvious and got nothing to do with the great job that you did in the past weeks. I don`t write much here, but believe me, I have tipped for over 60 millions karms in my forums and soc nets and got no attention to miners, because everybody says that Karmacoin is just another doge, lite, etc clone. Miners are not stupid. They know. There must be some innovation on the technical side of the coin, if it is to succeed. You are all talking about the falling markets of cryptos, but this is not true. They are down only for the ones who don`t innovate. Look at the Vertcoin, Darkcoin and now even Hirocoin. On the other side I don`t see how Karmacoin will hold even to 16 litoshis. Only branding by itself won`t work, just won`t. There must be improvement on the technical side. Think about it.
And what would we do if, 2 weeks after X11 is implemented, something much better comes along? Just playing devil's advocate here. If you'd like to come up with a more in-depth proposal or timeline I'm sure the community would be interested to hear.
I'm not saying miners are not important. The entire ecosystem is important. We're not just branding, of course (as you know)
Thanks for showing the Karma-love. 60 millions is a lot to tip, and it certainly helps our cause.
March 27, 2014, 05:56:30 AM
+1 for the technical side innovation. I was happy to mine 365 Coin (Sha-3, Keccak), lower noise, lower heat. I think scrypt is agressive for hardware.
March 27, 2014, 05:42:08 AM
The coin is obviously stuck. 2 months and only downtrend. In this days if one coin doesn`t move in such time it is going to trash. Let`s not lie to ourselves. Unfortunately the measures that have been taken didn`t work. I suggest the hashing algo change to X11. let`s vote to see what the community think. What is your opinion guys?
Don't be ridiculous. We've only been at it for 3 weeks. Have some patience. Karmacoin has been holding strong, not rising. Our coins are fairly distributed, and we have a plan. It's good to sit here for a while and wait out the storm. The perfect time to strike is soon, but not now. Good things come to those who know what it means to invest.
In the meantime:
"The Karmacoin Economy. How it is Unique": http://www.reddit.com/r/Karmacoin/comments/21hbs1/the_karmacoin_economy_how_it_is_unique/
"Would you use a Karmacoin debit card? Payments like Square?" : http://www.reddit.com/r/Karmacoin/comments/21hqto/would_you_use_a_karmacoin_debit_card_payments/
Feel free to list other coins that are not only considering the future but actively taking steps to secure our place at the top of the cryptocurrency movement. I can only think of Dogecoin and Reddcoin. But, again, Karmacoin is very unique.
You got it all wrong. The measures from the last 3 weeks are pointed to attract investors and attention to our thing. What I am suggesting is to attract more attention to miners. The net is 400MHs. This is nothing. We are going to the floor. Every miner knows that the future is not in pure scrypt, but in different hashing methods. X11 is one of them. It runs smoother with lower temperatures, less power consumption and the ones who adopt it now, before the summer and asics, will only benefit. The others will miss the train with no exit to success. This is so obvious and got nothing to do with the great job that you did in the past weeks. I don`t write much here, but believe me, I have tipped for over 60 millions karms in my forums and soc nets and got no attention to miners, because everybody says that Karmacoin is just another doge, lite, etc clone. Miners are not stupid. They know. There must be some innovation on the technical side of the coin, if it is to succeed. You are all talking about the falling markets of cryptos, but this is not true. They are down only for the ones who don`t innovate. Look at the Vertcoin, Darkcoin and now even Hirocoin. On the other side I don`t see how Karmacoin will hold even to 16 litoshis. Only branding by itself won`t work, just won`t. There must be improvement on the technical side. Think about it.
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