Quote from: pac on September 03, 2014, 04:38:15 PM

O you and your 12 Tongue

it wasn't me.. google it.. people have been saying 12 billion for a while..

sure that address says 8 billion now.. but since I am not that close with Karmashares ... I don't know exactly how much was collected vs how much is there now.

Quote

socoban said:
Interesting, I thought KARMA price will explode immediately after the lill.com buy offer announcement. There was some movement up yesterday. The question is, why the hell is it not moving up fast? If lill.com will be sold for $1.2 than 1 KarmaShare will be worth $0.015, hence anyone can trade 1000 Karma coin for 1.75 Karma share, the lowest possible price for 1000 Karma coin will be $0.022. 1 million Karma will be backed by $22.

$22 = 2,5 LTC, hence on LTC market the minimal value will be 250 litoshi. So, this means, even if KarmaShares company crash, it will own $1,2 milllion to be paid to shareholders. This means Worst case, even if everything crash, and all the projects of KarmaShares will fail and all crypto world will colapse, your KARM will still be worth 250 litoshi. And since KarmaShares own 12 billion KARMA + it owns porjects in developement, the price should skyrocket to 1000+ litoshi immediately. Am I missing something? Or did already everyone in crypto tossed all his $$$ into crypto and have nothing more to invest?

https://bitcointa.lk/threads/ann-karm-karmacoin-karmasharesllc-now-on-cryptsy.302934/page-179

don't blame me .. I just repeat apparent mathematical mistakes made by other people Shocked