Topic: Karma Transfer To Counterparty Platform as KARMATOKEN - page 2. (Read 8580 times)

Glad things are moving

Hi bondi,

I forgot to thank your donation,Thank you very much...

Nice to see you around, man.

Cryptopia picking up some volume....


https://www.cryptopia.co.nz/Exchange/?market=KARM_LTC

we will be there to wait for the swap, because karmatoken will be something new

Hi guys,

Tomorrow Oct 31, 2016 this POLL will end.

November 01, 2016 We will decide on the results of the POLL.

November 02, 2016 IF the decision is to do the swap according to the number of votes, then the migration will start and continue for a period of EIGHT weeks.

There will be another thread for the ANN of KARMATOKEN if the migration will happen. Till then keep your KARMA instead of selling cheap, thanks for your interests -east

whether tomorrow on the 1st of November has already begun to swap?

hello as I get karmatoken?

Guys,

Have you seen the INDIESQUARE MOBILE wallet for Counterparty??

If you haven't, it's time to try it now.


https://wallet.indiesquare.me/

Great. The earlier we can do this the better for everyone.

Hi Community,

As CryptoTraderGuildGM saids, if you have Karma stuck on Yobit, we can try the "BTC payment option".
We need to raise 0.2 BTC then make a new ticket request and paying them.
As we are not related at all with Yobit, it can't guarantee a success if they just don't want to work...

If you want send some satoshis, please send it to :

1C78Li5MDpwPfUK7wQbizymqwg1g8bQa8s

Then, make me a private message with your pseudo, mail address, your donation details. As soon as we reach 0.2 BTC, I pay them and I send you each a private message with details of transaction done.
If we don't reach in time the 0.2 BTC, I will refund you all in 48h after decision.

As I don't have any Karma on Yobit, I won't give BTC, I keep my donation for later bounties. Thank you.

You are right. For the reason on the figure, we will explain it on the ANN post for KARMATOKEN. There are several purposes that needed coverage.

Why 18 000 000 Karmatoken? I mean now we have 73-74 billions karma,at swap 10000 Karma :1 Karmatoken = 7 400 000

Or I am wrong?

Regarding YOBIT.

We have to realize the fact that even after we buy the SUPPORT service in order for them to make KARMA withdrawal functional, it will still take 5-7 days (0.2 BTC worth).


To those who would like to see this happen soon, I suggest that you send BTC to Alex as soon as possible, so that he may pay YOBIT. Which hopefully will give everyone the fair chance to exchange in the highest KARMATOKEN rate, next week.


I repeat, THIS IS ONLY A SUGGESTION. You have the choice if you want to give it a try or just wait on their FREE support that may last indefinitely.

Let us see comparable coin quantity with present satoshi prices:

Steem (In ALL TIME LOW)
Market Cap $31,913,167 48,189 BTC Volume (24h) $53,586 80.91 BTC Available Supply 187,236,596 STEEM Total Supply 204,210,690 STEEM (25,600 SATOSHIS)


Stellar(In ALL TIME LOW)
Market Cap $16,240,175 24,523 BTC Volume (24h) $42,218 63.75 BTC Available Supply 6,851,353,993 XLM Total Supply 102,333,740,400 XLM (353 SATOSHIS)


Reddcoin
$1,146,372 1,731 BTC Volume (24h) $5,389 8.14 BTC Available Supply 28,267,997,952 RDD (7 SATOSHIS)


Siacoin
Market Cap $8,831,677 13,333 BTC Volume (24h) $206,696 312.04 BTC Available Supply 19,828,864,994 SC (67 SATOSHIS)


While Karmatoken, If we lower the supply to 18,400,000 What will be the fair market price???  


The current rates are like this:

1 SATOSHI = 166.6+ LITOSHIS
Current HIGHEST buy of KARMA is at 30 litoshis, How many 30 Litoshis in a Satoshi(166Litoshis) will be 166.6/30 = 5.53 (KARMA worth)

Every 1 Satoshi can buy 5.53 KARMA
10,000 KARMA/5.53(1 Satoshi worth) = 1808,318264014467,

It would mean that 1 KarmaToken is only worth 1808 SATOSHIS at 30 litoshis each of Karma, for the community of KARMA holders that will migrate. Although we all know that before this MIGRATION proposal, KARMA even hit 3 Litoshis ALL TIME LOW.

Let's just say that, the KARMA price is at that 30 Litoshis, and KarmaToken being exchanged for that will mean 0.00001808 BTC=1 KarmaToken, what will be the market cap of KarmaToken??

IF 18,400,000 multiplied by 0.00001808 Btc = 332.672 BTCs or a measly 219,563.52 $ At 660$ per BTC, of course these rates can change.

What do you think guys? Is it worth it to migrate or just wait a miracle to happen in KARMA??

YOU STILL HAVE 5 DAYS to think this over. -east

The way I see the Yobit situation is it will not be resolved by quantity of tickets, or else their own thread wouldn't be full of toxic comments of the same nature.
Instead the guys behind the operation is waiting for financial incentive to move their precious hands.
The best option of KARMA holders stuck in that exchange therefore is to raise a budget to oil the gear.

What do you think? Will it be worth to pay them with the amount of KARMA you got?

BTW, they want 0.2 for 5-7 days or 0.5 BTC for 2-4 days resolution of the problem. Just saying.

I added a ticket myself too. Yes, it would be really stupid if we cannot join the swap.

I wrote this :

2016-10-18 13:41:42 delaforetnoire
Hello YoBit team,
I am Alexandre Schwartzwalder, KARMA dev team, communication leader. 
In a couple of week, we may transfer actual Karma to KarmaToken, a new Counterparty asset. Members and Karma owners will have to exchange their actual Karma for Karmatoken at a certain ratio. After the exchange period, we will shut down every Karma related services.
Our members complain about the Karma withdraw limit.
Please can you autorize Karma withdraw from 01/10/2016?
Without it, people with Karma on YoBit wil be stuck and the exchange won't be fair as a lot of Karma volume is on YoBit.
Contact me in if you have any question.
Sincerely, Alexandre (Delaforetnoire on BTCTalk)

Karma network is a live with 22 connections,no problem with it as yet

https://chainz.cryptoid.info/karm/

Which message did you send ? let me check with Yobit dev. I don't think he can do a lot about the wallet in maintenance. Is the old KARMA coin infact still working?