Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KARM] Karma / ₭ / X11
by
TheLittleDuke
on 21/09/2016, 05:14:38 UTC
wonder why coinmarketcap doesnt show karma

http://coinmarketcap.com/currencies/karmacoin/#markets

Because they only track things that have value :p

Last I checked there was nearly ZERO trading volume on yobit -- not sure of the other exchanges.

https://yobit.net/en/trade/KARMA/BTC

An illiquid coin gets kicked off of most exchanges

I have asked YOBIT to open up a trading pair between KARMA:2GIVE, but have not heard back from them yet.

That would at least provide some liquidity.

-dvd

no. the issue is that if you go to coinmarketcap and use the search function, karma is not found ...

YES...obviously...

BECAUSE of what I've been saying -- the coin doesn't trade it therefore has ZERO VALUE!!

Coin Market Cap == Coin "Market Capitalization"

http://www.investopedia.com/articles/basics/03/031703.asp

Which confirms what I've been trying to tell you all along -- KARMA has no value.

And making more Karma at 10,000 coins per POW block makes even less sense!!

Is there another exchange I can approach to offer a semi-permanent KARMA:2GIVE pairing?

Something is better than nothing, which is what you have right now.  And no amount of pumping it up here is going to change that.

You literally could not sponge up all the available karma on the planet at 1 satoshi each right now....

-dvd