Quote from: bitwho on June 19, 2014, 01:50:42 AM

hah. alright everyone chill out.

there was no FUD. Mintpal was under double spend attack. if anything them raising the confirmation to 200 should be enough to see this was no FUD. What is not known yet is whether this was an organized attack or a non human error attack.

As we can see. our dedicated overall pools have about 600 mh/s between them all and our total network is at 2700-3100 Mh/s . This tells us that there are tons more hash pointed at our coin. we do not know whether they are coming from individual solo mining, one multi pool. couple multipools or any other combination. What we do now know is that at least one of them for a few minutes had more then enough to cause a fork of its own.

this is what Agcrypto stated in his message. He had okay from all of us. Yup, we assigned him to deliver this news once we had enough to share with you. We agreed that even though this attack looked to be an accidental it was still an attack that did occur and we thought the community should know about it right away. not sure why you think otherwise but our trading volumes have been healthy all day today. this news did not couase any panic. only drama in this forum.

As we have stated many times we are not trying to be overloads and hide stuff to minimize and control the truth. The attacked happened and we had no choice but to immediately let everyone know. It had nothing to do with personal point of views.

@CatKiwi :
AGcrypto , me and altcoingood are part of the karma team. You can look up our history and see that everything we do, say or think its for the best of the coin.

So lets talk about the p2p pool that you are accusing me and altcoingood pushing for it. Your making us come as villains. taking advantage of a FUD to what... build a pool monopoly? out of what?? pool mining fees?

We should be thankful to any pool that is running a pool for us. Let's do some math to satisfy your accusation towards our agenda to own the network with our supreme pool!

if by a miracle the p2p mines all the block for a whole day this would gain the p2p pool a whopping 792,000 karma coins a day! again out of 1440 block x 110,000 coins and then a 0.005 pool fee = 792,000 kama.

Wow. good thing you caught us there mang. you really saved all the miners who would mine 158 mill coin that day 792,000 less!

Hope this give you an idea how much pools make a day in fees. and this is an example if the p2p pool mines all the coin. which will never be realistic. So once we are done pushing this much the p2p pool would have to make 1/3 of that. thats 264000 karma a day! and this is not even taking into account the huge block reward halving in few days

I personally am not involved with altcoingood pool. i never received any payments from him as a reward for helping him.

Why i am helping promoting his pool is because he is 24/7 active with out coin. He has done most then all of us in helping sustain many critical obstacles we have had with karma. He has set up for us our first reddit tipbot. he has set up our block explorer. he has set up two static nodes that even at this day are crucial to help new people link up to our network. he had set up p2p pool months back when we realized that karma.multi-pool.eu has more then %80 of our mining hash. He has set up MPOS pool as well.

Not only has he done all this. but he has kept them up and running all this time. We have never rewarded him with our coins. everything he has done has been genuine. And he has paid it out of his own pocket. Because he is a code geek and he has a good hart. He sees we need his services.

Why do i mention all this? because i would like all of you , who come and go in our coin community , to be up to date and realized why i am rooting for his p2p pool

An other very important topic is that if we would need altcoingood to boot off miners from his pool he would do it and not cry foul as we have seen from our top pool.

dear Catwiki hope this was enough info to clear some confusion. we are creating an necessary dramas with our post. Msg me and we can take this private. or come to #karmacoin and let us assure you there is no hiden agenda. I want karma to go fully P2p Pool so in future we do not have any other attacks!

Ps : its good to have you back. if i recall form last time , you mention you sold your coins to 70 litoshi because you thought our coin was not worth it and it should come back down to 40s. after you saw that our coin was not coming back to even 100s litoshis you realized your not getting the coins back. then you dissapeared for a while. didn hear from you in this chat. not interested in us once you sold your coin huh? then you bought back at 120 litoshi and again started to get active when you saw our coin reach 250. Roll Eyes

It is clear that we are not going to get anywhere arguing about this and we all have better things to do I'm sure. What is done is done.

In response to your post script: For the sake of full disclosure so people that read this know where I stand on Karma - I had around 188 Million coins - sold a few million here and there until the final 174 Million were snapped up one night when the coin had its second spike from 30 something Litoshi to 80 something. Placed staggered sell orders hoping some rogue buy orders would come and snap and few million up (at that time the coin tended to have large 50+ litecoin buys come in every few days before volume died away again). Unfortunately the price rose more than I expected (it was on a steady decline day on day for over 3 weeks at this point) and someone bought them all. Hey, shit happens, ultimately its no big deal. I then went and invested and traded heavily in DRK, XC and VRC. Made some and lost some as is the way. When I lost faith in VRC I came and reinvested in Karma. I could see it was about 50/50 at that point in time that it would get a BTC pairing within the following 24 hours - I know that such an event tends to cause a coin to skyrocket - bought back in, a smaller amount than I originally had ofcourse but such is the way of things.

I like the coin, its got some nice little projects going on and plenty of action in the community. I did make the mistake of thinking that it was not going to go up as substantially as it did but you win some and you lose some. Most of us made the same mistake with CRY - that thing went up over 1000% in a few days - sometimes we just miss a beat.

I will be active here for as long as I hold an interest in Karma.