Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KARM] Karma /₭/ NEW! X11 + Time Warp + More (pg.140) SIDECHAIN+ (pg. 143)
by
kosmost
on 30/07/2014, 08:20:14 UTC

Exchanges: Price Karma as price per 1,000 Karma in Bitcoin

For this to be implemented it requires just 2 things:
1. The community to agree that it is a good idea; and
2. The exchange to do the implementation.


1) the community need not agree, they have no say in how the exchanges operate.

2) as for the last bright idea to reverse split karma 1 for 1000 (which thankfully did not go through)... just take look at SAT2.. after the split the price of SAT2 tanked.

3) you advocated for the move to the BTC market, you advocated for the BTC market not to open until after the block reward drop. you got exactly what you wanted.. why no happy face? is it because the price didn't skyrocket as you expected?

4) mintpal is currently undergoing a change of ownership they are also suffering large volume losses caused by the VRC hack that almost killed their exchange. As a results they have tightened procedures and are now spring cleaning and chopping the weaker coins from their markets. So to me it would seem like not a good time to push them to do even more work.

only one saying comes to mind... be careful what you wish for.

1) Of course, a vote is not required. Since it is a Karma issue. However, we tend to get feedback from the community before decisions are made. (This is not to say that the community has control over decision-making. it is the same as any other coin, except we usually ask for feedback.)

2) All ideas are welcome. Of course. We don't want to kill babies Smiley

3) no response, as it wouldn't be productive

4) I would argue that they're looking for legitimate coins. Karma(coin) was their second coin, and actually the coin that put Mintpal on the map. We're also legitimate, and would want them to know that we're serious about our success and actually have plans for ourselves. It could be said that we'd want to fortify our relationship further by working with Mintpal on changes that could possibly help us both. Mintpal needs volume (and transaction fees). It's possible that Karma could once again be their top coin.

We don't know which are good ideas and which are not. That's why we discuss, debate, explore, and sometime impkement.

I would say let's bring all ideas to the table and discuss them, as adults with goals tend to do. We can explore which of those may possibly be good but of course we won't know until well after an idea is implemented, if ever.

You are welcome to bring more of your own ideas to the table, of course. The more detail, the better.

When people have ideas I usually ask something like, "That sounds interesting. When can you start working on it?" I'd say that 95% fall silent because they don't actually want to do anything; just talk. Talking is good but it doesn't do the work.

To have an idea and be willing to take responsibility for its success or failure is something to be commended. Embracing possible failure is what separates the successful from the unsuccessful. It's also a sign of maturity.