Quote from: Alphi on November 29, 2015, 10:07:04 AM

Quote from: chrysophylax on November 29, 2015, 01:37:56 AM

litecoins reward per block is NOTHING like karma ... so its not a real comparison ...

#crysx

what does block reward have to do with distribution? absolutely nothing when the coins are being mined and then dumped on exchanges to be sold.

quite a bit actually ...

the capacity for a coin to be maintained has a number of things attached ... one of those things is amount ...

a coin - say like sia for instance - has many millions of coins that get mined and dumped - but many millions more coming into play ... same with karma ...

ltc on the other hand has a diminishing number and few coins per block mined at any one time - unlike karma - which allows the volume and pricing ( against btc ) to maintain a better liquidity ... this means LESS dumping than coins like karma ...

distribution is a very poor indicator of how a coin is performing in the community anyway ... its an important indicator for access of a coin - but not liquidity ...

so when mining karma - its a lot easier to obtain than ltc ... which makes for higher distribution ( mostly ) but not a high value ...

so block reward has quite an impact when its easy to mine - then dump ... as opposed to not so easy to mine and dump ... it creates a higher level of value to the coin ...

if we look at sia again ... the value of the coin is minute - BUT - the USE of the coin is enormous when the project gets its foothold in the storage industry ( as you need to spend sia to get storage ) ...

karma has very little use in anything else but trade at the moment ... so block value is important in that respect ... the higher the block value - the higher the distribution - the lower the value ... the lower block value - the lower distribution - the higher the value ...

thats all im saying ...

karma has a lot of coin in a lot of hands that is doing nothing more than bagholding at the moment ... i know - im one ...

show me some real use for the coin - and ill use it in the best way i can ... like i mentioned earlier in the thread - the direction of karma is wayward and not focused at the moment - which means no matter what statistics anyone show regarding karma - it is moot if we are all holding for something to happen and nothing is actually happening ...

i would like to see something better than this current status with the coin - but i cant see it all happening without focused direction ...

#crysx