Re: [ANN][KARM] Karmacoin - Phase II is here! *3-9-14* New Branding, Sites & More
Like I said, I'm doing everything I can to promote it. Spreading the word, making donations, setting up bounties, etc...
But none of that answers my question from my previous post.....can anyone give me one example of a pathway that gets us out of this hole right now? What's a conceivable and realistic path that we can take to get from 9 litoshis to 50 satoshis? Is such a thing even possible?
But none of that answers my question from my previous post.....can anyone give me one example of a pathway that gets us out of this hole right now? What's a conceivable and realistic path that we can take to get from 9 litoshis to 50 satoshis? Is such a thing even possible?
Yes, create an Android/iOS game that is a flappybird-killer that uses karmacoin/anycoin as its ingame currency -or any other game for that matter, see Eve's ISK- and you'll see it flying to the roof, not just 50 satoshis. You asked if it's possible, and it is. Easy? No, it isn't.
So then your answer is no then...as I stated "a realistic path".....basically my main concern is "how do we get volume back to the BTC market with those huge walls now that we've been demoted to the LTC market?" I think when you're in the BTC market anything can happen..but below 1 Satoshi I'm trying to foresee an angle where we can make this happen....any ideas? (I know we're stepping up the branding and promotion and I think it's definitely going to increase the awareness but I'm trying to foresee the economics behind a rise to 50+ satoshis..)
Look to Mooncoin, I'm not comparing with Karmacoin, Karmacoin have a great idea and people involved and compromissed with it. Mooncoin got to a lot in December, fell to 5-10 litoshi for 20 days, then climbed a bit and after it arrived in 35 SAT. Of course this was a pump, but with work we can raise the price normally.
I only saw Mooncoin at 3 satoshis...if that's true what you said about it coming from 5-10 litoshis and then hitting 37 on Cryptsy...(even though I know it was a pump)...that's still a sign that something like this is possible. I'm not expecting it to happen randomly without work. I'm not sure why that keeps being insinuated. I was trying to get a grasp on if there was a path for any coin to return to 30 + satoshis after having dipped below 1 satoshi. If what he says about MOON is right..then at least I we can see there's a possibility of a viable path in economic terms. Obviously a game integration or charity integration would be fantastic. The only relevant skills I have though are to promote it to people and to contribute to bounties and giveaways...which I will continue doing.