Post
Topic
Board Announcements (Altcoins)
Re: ๑۩۞[ANN][ ₭ARM] Karma & Karmashares // Launched search engine @lill.com
by
Instamatic
on 27/06/2014, 16:58:29 UTC

If Mintpal asked for stable 150 Litoshi course for KARM, how much do you estimate the pair KARM/BTC ?

Based on current BTC/LTC levels the price would equal a BTC worth of ~2.5 satoshi. Recent trends (several spikes above 200 litoshi) would put price more in the area of 3 sat, selling cheaper than that would mean a significant loss compared to selling on the LTC market.

At this miserable price of 2-3 Satoshi, I can't pay my bill for electricity !
Who will be insane to mine at lose KARM anymore?

Is it just me?  When I see comments like this I picture somebody mining and immediately selling and converting to fiat.  Which does very little to further the progress of cryptocurrency as a whole.  But I guess plenty of the users of this forum could be doing that as many showed up simply for the "easy money".