Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KARM] Karma /₭/ NEW! X11 + Time Warp + More (pg.140) SIDECHAIN+ (pg. 143)
by
kosmost
on 01/07/2014, 16:34:18 UTC
hide the champagne, the same 6 Satoshi are here  Undecided
I understand you from a new miner's perspective. But from the view of someone who mined it when block rewards were 10x of today and price was less than 1/10th I can only say give it some time. Karma has achieved truly amazing things. It has turned from a so-so clone coin into one of the most exciting and stable growing coins in the entire altcoin scene. And all of that not because of hyping and copying the latest fad-features. But by organically growing a great community, exploring new services/usecases for the coin and creating the perpective for long lasting value and returns with Karmashares.

And you know what? Unlike the 70+ coins that copied Blackcoin's PoW/PoS + multipool aproach, the recent anonymity hype, or other "normal" coin features you can't jsut copy Karmashares. In theory any coin could copy the Proof-of-Coin and LLC idea, but you need the right team, organization, vision and skills to actually make that mean something. And that's where 90% of coins would fall short.

Value has grown like 40x over the past few months and while most profit-taking has already happened before we even returned to the BTC markets, there will always be resistance and after every increase price needs to settle to a new floor, before it can rise further. Karma price has more than doubled since we first talked about this only a few pages back, have some faith and patience my friend. You will be rewarded. Smiley

Yeah, it's funny how some of us can deposit a load of cash in a bank and be happy with 1% yearly interest (or less) but ask "what's wrong?!?" when a crypto we've invested $200 in doesn't appreciate 300% a month.

We've made some great progress over the past 3 months. (I believe the new team began April 4, with our plan outlined a few days after that. I'll be releasing another update in a few hours. Just getting some more details in.)

But still, this is just the beginning.