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kosmost



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Hero MemberActivity: 994Merit: 501Creator of the ICO Re: [ANN][KARM] Karmacoin - New Initiatives - Helping People Do Good April 13, 2014, 12:30:51 AM

Last edit: April 13, 2014, 03:05:57 AM by kosmost #4447 Quote from: wulagui on April 12, 2014, 05:47:32 PM In order for Karma to succeed and last among the bunch of altcoins. It needs good community support (and hopefully a new logo Tongue) and uses for it(lotto, donating, games, etc.).



If not then its just going to die like many others that came before it.



I understand that you're 16 and need a new bike, Wula (from another post of yours). Let's imagine that you can get it for FREE with Karmacoin. How's that, you ask?



Every time you get your lunch at Kung Fu they give you 5 Karma

Your school offers 10 Karma for every 优秀 grade. You are a good student so you got many this year

Did you visit the library? Well, you only got 2 Karma each time but you went a lot

Your friends shared some Karma with you on Wechat

Go to Lawson every few days for your family? Pick up some more Karma

Your relatives gave you some Karma for CNY

Do you volunteer somewhere? The local community shelter gives you Karmacoin for your time. (This, by the way, causes volunteering to be extremely popular!)

You have a small business selling earrings on Weibo (don't laugh!) that you accept Karmacoin for

In future you can earn Karmacoin by getting good grades in school, shopping, being a good employee, being social, trading with your friends, and more. Now you have enough points to get your bike. Guess what? You find a store that accepts Karma. No yen needed! Give them only part of the 1,380 Karma you have in your KarmaPay account. (You may not have a bank account like so many billions around the world, but a KarmaPay "bank" account is easy to register and accepts everyone, no matter if young or old, rich or poor, online or offline. You won't find any other coin thinking of their future like this.)



Oneday soon, schools around the world will realize that the best way to improve students' grades is not by buying them expensive iPads, for example, but by giving them incentives and rewards for choosing to study more and improve their grades. For a fraction of the cost of a new tablet for every student they can get Karmacoin and likely see better results. The effect of an iPad wears off quickly (and what student wouldn't play games on it all the time?). But with Karmacoin students can, at each moment, think "good actions = Karma = something I want".



Companies can also use it as part of their employee bonus or reward program. Not every company can afford to raise salaries every year and provide bonuses to keep their good employees. But what if a small % chose to supplement their programs with Karmacoin, instead? This also extends to retail shops and other small businesses, and of course person-to-person.



Is this a fantasy? No, it's Karmacoin in 5-10 years



We are making baby steps now so that Karmacoin isn't "just another coin" with donations, games, lotto. Yes, those things can help to some degree. But we're not only thinking long-term but being more global and having revenue and benefiting hundreds of millions of people around the world. I agree that the most important thing is community. But even better is a community that has a plan to help many, many more people outside the community. And so here we are.



By using Karmacoin, you're much richer than you think. With Karmacoin you multiplied your wealth through your actions and relationships. Now imagine millions of people feeling the same way about Karmacoin. ("I earned myself a bike and I didn't even need money!" or "I did something good and people gave me lots of Karma!" heard from millions of people around the world every day)



The opposite of "interest" (with traditional money in your bank) is Karma. The current financial system is an infinite loop, because more money is owed than actually exists. It's an ingenious system and it's had a good run, but it's not sustainable. But with Karmacoin, you are rewarded for what you already have: actions and relationships. (Don't be surprised if Karmacoin becomes more popular than Bitcoin in 10 years because of this simple statement. Bitcoin is cryptocurrency based on an unsustainable economic system whereas Karmacoin is a cryptocurrency based on a sustainable economic system. Bitcoin is great, and I use it myself, but it's probably not the future of currency.)



Would you rather owe more money (through interest) or owe actions and relationships (with Karma)?



We plan to be a BIG business so that we can make lots of money and do good things for people around the world (donating a % of profits, helpful projects, and most important setting up a platform so people can be rewarded for goodness.)



Is all this possible? Yes, certainly. Karmacoin is in a perfect position to make that happen. No other coin has this concept, and it would not be easy for them to integrate the concept. It will all become clear within the next few months and then every other coin will be thinking, "why didn't I think of that first?" 读书须用意，一字值千金 ...and one simple idea can be worth billions of dollars and warm millions of hearts.



This is only the beginning I understand that you're 16 and need a new bike, Wula (from another post of yours). Let's imagine that you can get it for FREE with Karmacoin. How's that, you ask?In future you can earn Karmacoin by getting good grades in school, shopping, being a good employee, being social, trading with your friends, and more. Now you have enough points to get your bike. Guess what? You find a store that accepts Karma. No yen needed! Give them only part of the 1,380 Karma you have in your KarmaPay account. (You may not have a bank account like so many billions around the world, but a KarmaPay "bank" account is easy to register and accepts everyone, no matter if young or old, rich or poor, online or offline. You won't findother coin thinking of their future like this.)Oneday soon, schools around the world will realize that the best way to improve students' grades is not by buying them expensive iPads, for example, but by giving them incentives and rewards forto study more and improve their grades. For a fraction of the cost of a new tablet for every student they can get Karmacoin and likely see better results. The effect of an iPad wears off quickly (and what student wouldn't play games on it all the time?). But with Karmacoin students can, at each moment, think "good actions = Karma = something I want".Companies can also use it as part of their employee bonus or reward program. Not every company can afford to raise salaries every year and provide bonuses to keep their good employees. But what if a small % chose to supplement their programs with Karmacoin, instead? This also extends to retail shops and other small businesses, and of course person-to-person.Is this a fantasy? No, it's Karmacoin in 5-10 yearsWe are making baby steps now so that Karmacoin isn't "just another coin" with donations, games, lotto. Yes, those things can help to some degree. But we're not only thinking long-term but being more global and havingand benefiting hundreds of millions of people around the world. I agree that the most important thing is community. But even better is a community that has a plan to help many, many more peoplethe community. And so here we are.By using Karmacoin, you're much richer than you think. With Karmacoin you multiplied your wealth through your actions and relationships. Now imagine millions of people feeling the same way about Karmacoin. ("I earned myself a bike and I didn't even need money!" or "I did something good and people gave me lots of Karma!" heard from millions of people around the world every day)The opposite of "interest" (with traditional money in your bank) is Karma. The current financial system is an infinite loop, because more money is owed than actually exists. It's an ingenious system and it's had a good run, but it's not sustainable. But with Karmacoin, you are rewarded for what youhave: actions and relationships. (Don't be surprised if Karmacoin becomes more popular than Bitcoin in 10 years because of this simple statement.. Bitcoin is great, and I use it myself, but it's probably not the future of currency.)Would you rather owe more money (through interest) or owe actions and relationships (with Karma)?We plan to be a BIG business so that we can make lots of money and do good things for people around the world (donating a % of profits, helpful projects, and most important setting up a platform so people can be rewarded for goodness.)Is all this possible? Yes, certainly. Karmacoin is in a perfect position to make that happen. No other coin has this concept, and it would not be easy for them to integrate the concept. It will all become clear within the next few months and then every other coin will be thinking, "why didn't I think of that first?" 读书须用意，一字值千金 ...and one simple idea can be worth billions of dollars and warm millions of hearts.This is only the beginning Workchain  Powering the Decentralized Economy

DubFX



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Sr. MemberActivity: 434Merit: 250 Re: [ANN][KARM] Karmacoin - New Initiatives - Helping People Do Good April 14, 2014, 06:22:22 AM #4455 Quote from: kosmost on April 13, 2014, 12:30:51 AM Quote from: wulagui on April 12, 2014, 05:47:32 PM In order for Karma to succeed and last among the bunch of altcoins. It needs good community support (and hopefully a new logo Tongue) and uses for it(lotto, donating, games, etc.).



If not then its just going to die like many others that came before it.



I understand that you're 16 and need a new bike, Wula (from another post of yours). Let's imagine that you can get it for FREE with Karmacoin. How's that, you ask?



Every time you get your lunch at Kung Fu they give you 5 Karma

Your school offers 10 Karma for every 优秀 grade. You are a good student so you got many this year

Did you visit the library? Well, you only got 2 Karma each time but you went a lot

Your friends shared some Karma with you on Wechat

Go to Lawson every few days for your family? Pick up some more Karma

Your relatives gave you some Karma for CNY

Do you volunteer somewhere? The local community shelter gives you Karmacoin for your time. (This, by the way, causes volunteering to be extremely popular!)

You have a small business selling earrings on Weibo (don't laugh!) that you accept Karmacoin for

In future you can earn Karmacoin by getting good grades in school, shopping, being a good employee, being social, trading with your friends, and more. Now you have enough points to get your bike. Guess what? You find a store that accepts Karma. No yen needed! Give them only part of the 1,380 Karma you have in your KarmaPay account. (You may not have a bank account like so many billions around the world, but a KarmaPay "bank" account is easy to register and accepts everyone, no matter if young or old, rich or poor, online or offline. You won't find any other coin thinking of their future like this.)



Oneday soon, schools around the world will realize that the best way to improve students' grades is not by buying them expensive iPads, for example, but by giving them incentives and rewards for choosing to study more and improve their grades. For a fraction of the cost of a new tablet for every student they can get Karmacoin and likely see better results. The effect of an iPad wears off quickly (and what student wouldn't play games on it all the time?). But with Karmacoin students can, at each moment, think "good actions = Karma = something I want".



Companies can also use it as part of their employee bonus or reward program. Not every company can afford to raise salaries every year and provide bonuses to keep their good employees. But what if a small % chose to supplement their programs with Karmacoin, instead? This also extends to retail shops and other small businesses, and of course person-to-person.



Is this a fantasy? No, it's Karmacoin in 5-10 years



We are making baby steps now so that Karmacoin isn't "just another coin" with donations, games, lotto. Yes, those things can help to some degree. But we're not only thinking long-term but being more global and having revenue and benefiting hundreds of millions of people around the world. I agree that the most important thing is community. But even better is a community that has a plan to help many, many more people outside the community. And so here we are.



By using Karmacoin, you're much richer than you think. With Karmacoin you multiplied your wealth through your actions and relationships. Now imagine millions of people feeling the same way about Karmacoin. ("I earned myself a bike and I didn't even need money!" or "I did something good and people gave me lots of Karma!" heard from millions of people around the world every day)



The opposite of "interest" (with traditional money in your bank) is Karma. The current financial system is an infinite loop, because more money is owed than actually exists. It's an ingenious system and it's had a good run, but it's not sustainable. But with Karmacoin, you are rewarded for what you already have: actions and relationships. (Don't be surprised if Karmacoin becomes more popular than Bitcoin in 10 years because of this simple statement. Bitcoin is cryptocurrency based on an unsustainable economic system whereas Karmacoin is a cryptocurrency based on a sustainable economic system. Bitcoin is great, and I use it myself, but it's probably not the future of currency.)



Would you rather owe more money (through interest) or owe actions and relationships (with Karma)?



We plan to be a BIG business so that we can make lots of money and do good things for people around the world (donating a % of profits, helpful projects, and most important setting up a platform so people can be rewarded for goodness.)



Is all this possible? Yes, certainly. Karmacoin is in a perfect position to make that happen. No other coin has this concept, and it would not be easy for them to integrate the concept. It will all become clear within the next few months and then every other coin will be thinking, "why didn't I think of that first?" 读书须用意，一字值千金 ...and one simple idea can be worth billions of dollars and warm millions of hearts.



This is only the beginning

I understand that you're 16 and need a new bike, Wula (from another post of yours). Let's imagine that you can get it for FREE with Karmacoin. How's that, you ask?In future you can earn Karmacoin by getting good grades in school, shopping, being a good employee, being social, trading with your friends, and more. Now you have enough points to get your bike. Guess what? You find a store that accepts Karma. No yen needed! Give them only part of the 1,380 Karma you have in your KarmaPay account. (You may not have a bank account like so many billions around the world, but a KarmaPay "bank" account is easy to register and accepts everyone, no matter if young or old, rich or poor, online or offline. You won't findother coin thinking of their future like this.)Oneday soon, schools around the world will realize that the best way to improve students' grades is not by buying them expensive iPads, for example, but by giving them incentives and rewards forto study more and improve their grades. For a fraction of the cost of a new tablet for every student they can get Karmacoin and likely see better results. The effect of an iPad wears off quickly (and what student wouldn't play games on it all the time?). But with Karmacoin students can, at each moment, think "good actions = Karma = something I want".Companies can also use it as part of their employee bonus or reward program. Not every company can afford to raise salaries every year and provide bonuses to keep their good employees. But what if a small % chose to supplement their programs with Karmacoin, instead? This also extends to retail shops and other small businesses, and of course person-to-person.Is this a fantasy? No, it's Karmacoin in 5-10 yearsWe are making baby steps now so that Karmacoin isn't "just another coin" with donations, games, lotto. Yes, those things can help to some degree. But we're not only thinking long-term but being more global and havingand benefiting hundreds of millions of people around the world. I agree that the most important thing is community. But even better is a community that has a plan to help many, many more peoplethe community. And so here we are.By using Karmacoin, you're much richer than you think. With Karmacoin you multiplied your wealth through your actions and relationships. Now imagine millions of people feeling the same way about Karmacoin. ("I earned myself a bike and I didn't even need money!" or "I did something good and people gave me lots of Karma!" heard from millions of people around the world every day)The opposite of "interest" (with traditional money in your bank) is Karma. The current financial system is an infinite loop, because more money is owed than actually exists. It's an ingenious system and it's had a good run, but it's not sustainable. But with Karmacoin, you are rewarded for what youhave: actions and relationships. (Don't be surprised if Karmacoin becomes more popular than Bitcoin in 10 years because of this simple statement.. Bitcoin is great, and I use it myself, but it's probably not the future of currency.)Would you rather owe more money (through interest) or owe actions and relationships (with Karma)?We plan to be a BIG business so that we can make lots of money and do good things for people around the world (donating a % of profits, helpful projects, and most important setting up a platform so people can be rewarded for goodness.)Is all this possible? Yes, certainly. Karmacoin is in a perfect position to make that happen. No other coin has this concept, and it would not be easy for them to integrate the concept. It will all become clear within the next few months and then every other coin will be thinking, "why didn't I think of that first?" 读书须用意，一字值千金 ...and one simple idea can be worth billions of dollars and warm millions of hearts.This is only the beginning I don't think we coul go this far srsly but it would be def. nice!

ky_storm



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@ky_storm







MemberActivity: 105Merit: 10@ky_storm Re: [ANN][KARM] Karmacoin - New Initiatives - Helping People Do Good April 14, 2014, 08:19:55 AM #4456 Long time no see karmacoin.

I was doubted if karmacoin can restore its value while the half block reward coming.

Since now it's popular with the BC、FAC and etc, how is karacoin?

They grown up without mining itself.

How is our POS plan going?

Suddenly i can't see the future and find no reson to buy more.



LOL, actually i just saw our thread is too cheerless. So i wrote something.

Hope more guys come and discuss it.



Just as quizs:



Do you think karmacoin will move to 2 satoshi? When?



If not? Move to 2 litoshi? Why?







=========================

I just spent some CRYPTSYPOINTS to buy some votes. You can help as well.

Address:https://www.cryptsy.com/coinvotes/



And I used to send a email to Bter, request to add Karmacoin.

But got no reply.

BigWait



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Hero MemberActivity: 506Merit: 510 Re: [ANN][KARM] Karmacoin - New Initiatives - Helping People Do Good April 14, 2014, 08:35:21 AM #4457 As I mentioned, it's not that hard to edit the block rewards.

The way I understand it is, devs pay coingen.io to create the base and then they modify it to suit their needs.

So the comment that "it has X so it can't be coingen" is unfounded.

I can't comment on the mac client thing, but if it was created on the 27th then that would have given him 7 days or so to compile a mac wallet from the source.

And yes people, I went back in time to the 27th and paid for a coin to be made called karmacoin just so I could troll in this thread.

Best use of time travel ever.

Time-troll out.

Xprim



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NewbieActivity: 47Merit: 0 Re: [ANN][KARM] Karmacoin - New Initiatives - Helping People Do Good April 14, 2014, 09:26:33 AM #4458 Quote from: ky_storm on April 14, 2014, 08:19:55 AM Long time no see karmacoin.

I was doubted if karmacoin can restore its value while the half block reward coming.

Since now it's popular with the BC、FAC and etc, how is karacoin?

They grown up without mining itself.

How is our POS plan going?

Suddenly i can't see the future and find no reson to buy more.



LOL, actually i just saw our thread is too cheerless. So i wrote something.

Hope more guys come and discuss it.



Just as quizs:



Do you think karmacoin will move to 2 satoshi? When?



If not? Move to 2 litoshi? Why?







=========================

I just spent some CRYPTSYPOINTS to buy some votes. You can help as well.

Address:https://www.cryptsy.com/coinvotes/



And I used to send a email to Bter, request to add Karmacoin.

But got no reply.



Wait a few months, hold and spread your karma.

I don't think it will return to 2 satoshi one day. If you want to make some money just buy at 10-11 litoshi on mintpal and wait a few days to sell at 15-16, it's the same scheme for two weeks.

I don't see Karmacoin at 2 litoshi, don't be negative.





Wait a few months, hold and spread your karma.I don't think it will return to 2 satoshi one day. If you want to make some money just buy at 10-11 litoshi on mintpal and wait a few days to sell at 15-16, it's the same scheme for two weeks.I don't see Karmacoin at 2 litoshi, don't be negative.

tomoto



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Full MemberActivity: 225Merit: 100 Re: [ANN][KARM] Karmacoin - New Initiatives - Helping People Do Good April 14, 2014, 10:54:57 AM #4459



I dont see any.



If we dont reduce the number to 50b or 60B it will be hard for this coin.



I we dont do pos or something like this nobody would want to keep it.



We need a real change to keep interess and to promote it. So what is the interest to keep it if it never come up to 16 litoshiI dont see any.If we dont reduce the number to 50b or 60B it will be hard for this coin.I we dont do pos or something like this nobody would want to keep it.We need a real change to keep interess and to promote it.