Topic: [ANN][KARM] Karmacoin - New Initiatives - Helping People Do Good - page 92. (Read 352484 times)

go! karma go !

i just hope that everybody's patient enough to await this, not moving sell orders lower.... maybe even higher because they see a chance of making money

Nothing at the moment of halfing. coins that are on exchanges were mined before. there will be less mining, b/c it gets harder. When coins at 2 are dried up, it will begin to rise. slowly. except something unexpected happens, lioke a pump or some market moves awaiting cryptsy or whatever. 

25 hours roughly. Lets see what happens.

Friendly reminder, halving occurs at block 50000.  This should occur tomorrow I believe.

If you want to buy @ Mintpal at 1 satoshi, sure you have to wait in line. The orders go in queue if there are already buy orders at that amount.

Buy @ 2 satoshi like a lot of other people are doing (check trade history) and get it pretty much instantly.

I think the maximum 75 billion coin amount will work to our advantage.

I also think the current 1 satoshi price will work to our advantage, as it will distribute the coins more equally.

Any price below 10 is good right now, I think. 1 satoshi is a steal.

I think karmacoin should try to cooperate with some famous charity institutions to increase its influence. It's a very creative idea in charity field. I hope U can succeed and help more and more people.

these are the kind of guys you want

http://www.potterswithoutborders.com/

they teach people how to make ceramic water filters using pottery techniques that can be used anywhere.
in most cases the problem is not access to water.. its access to clean water.

once people have access to clean water a whole host of health risks are also eliminated.

I really think the power of Karmacoin is to empower people to do good and better themselves rather than, as Dogecoin is doing, just giving money to causes.

Teaching someone how to fish vs. giving them fish

Giving money to causes is good, yes. Where would humanity be without altruism? But in a lot of case, I think, donating is a temporary solution or just a bandage.

Not to knock Dogecoin, but the only project that comes close to have real global impact is "Doge 4 Water". This project aims to build 2 water wells in Kenya at a cost of about $34,000. It's a good start, but it won't have any real global impact.

Their goals are:

• build two (2) drilling wells in Kenya
• provide access to water
• provide tools to retrieve and store water

But why not, instead, train people how to repair broken water pumps instead of spending money to build new ones? The New York Times looked at the issue of maintaining water pumps http://opinionator.blogs.nytimes.com/2011/12/13/to-maintain-water-pumps-it-takes-more-than-a-village/?_php=true&_type=blogs&_r=0

The question is, who will pay to maintain these wells and pumps when they break? Who will train people in the surrounding communities how to use them properly?


I have a close business associate in Kenya and he assures me this project won't work. It will also not benefit that many people. Who will police the well if the local mafia takes it over and charges exorbitant rates? This reminds me of all the clothing donations from rich countries that are sent to Africa that end up being hijacked and sold at markets at 100% profit instead of given away to those that need them.
 
Let's take a look at how Karmacoin could do it:

• for 10% of the cost, hire 5 people to go around Kenya for 6 months to different villages to train the locals how to repair their pumps
• contract with a Chinese factory to deliver something like Lifestraw for about $1.50 per unit (there are already a number of factories that can do this)

These solutions are cool and sexy and they probably wouldn't get much attention, which is what we need to really grow our community. But I think there are ways to make it interesting.

Quatar is the richest. US is on 6th place.

This coin is ruined by the 100 billion coin amount.
You cant trade a coin where you have to wait days to get your orders filled.
It would be best if mintpal adds a karm/ltc market so this coin can be traded again.

if you really think condoms are going to stop the need for children's charities, I would encourage you to educate yourself and watch this documentary produced by the BBC.

Don't Panic - The Truth About Population
http://www.youtube.com/watch?v=1nvdeEi2mEc

hopefully the statistics in this documentary will help open your mind and you will see that poor people having too many children is nolonger the cause of the worlds population increasing.
there are so many old stereotypes and preconceptions being perpetuated by people in the media who have little or no understanding about how the world actually is.

the task ahead of us is to try and lift 1 billion people from below the extreme poverty line of $1 per day and empower them to be able to support themselves..
this is something that KarmaCoin (and other altcoins) can support and I believe will help to achieve through micro-lending, micro-crowdsourcing and education.

we live in exciting times... that documentary gave me more hope for the future.. so lets build on the positive sentiment and create something truly remarkable.

Alphi.

Better to raise the economic level of a country rather than give handouts to the bottom, but, if we can help an acute crisis situation reverse course quicker, I am all for it.

I think charities are missing out by not grabbing a hold of BitCoin, this is where Karma will succeed.

Takei coin has recently imploded, please reach out to those followers to join Karma.  They have a lot of the same spirit in that coins mission. 

use that Karmacoins for condoms. I hate people using children as a shield. If you believe in karmacoin, just take 500 USD and buy some. After time you may have much more.. or maybe not.

Agreed.  We had half a million $ in volume a few weeks ago, we will be back.  Good things are happening for this movement.

Check back in a few months Rahul and see where we are at.  We just can't sustain anything close to that right now.  If we did something that big, especially early on, I would want myself or someone else to fly out there to facilitate that type of transaction.

It is not so expensive. as you think. we can buy a simple house for 10 000 dollars for an Indian orphanage. Look at

http://www.realestateindia.com/ 

Why are you talking about the United States!!!??? This is a richest country in the world !!!! Use Google. You can See that in India children die every day from hunger. In India, 30 children live in a one little room!!! LET'S BUILD OR BUY A NEW ORPHANAGES IN HONOR OF KARMAKOIN. IT WILL BE SENSATION IN THE WORLD. YOU CAN VISIT MY OFFICE IF YOU WILL BE NOT FAR FROM ME. I'll GLAD TO SEE GUESTS.

   

buy order for 2 SAT increasing