if a proper bounty system, a stability fund and a proper voting system were set up then most of the issues we have today could have been avoided.

first example... (similar to what you said) if a small portion of the Karma fund (say one or two billion) was moved into a stability fund then some of it could have been sold into BTC when Karm was at 300 litoshi. some of those BTC could have been used to pay devs and some could have been used to buy up cheap karma in times like these, thus putting more upward pressure on the price.. so win win all round.. anyone who works in software development or computer hardware knows what a Buffer is and that is exactly what Karma needs.... no buffer = bad Karma.

I note that, at the time this is what I advised Karmashares to do and it is what I also did with my own coins. I am better off now because I followed my own advice hence why I am not complaining about the price.

second example.. if there were a clear voting process in place for Karmashares holders then those people who do not own Karmashares would have to shut up and those who do own karmashares would have a fair say in how things are being run. Without a mechanism for allowing people to have their say based on how much they have at stake, you are simply inviting people with little or no financial interest to shout as loud as they can so they can get their own way. this is bad Karma.

third example.. have a look at sites Airtasker and Freelancer.com.. both have models which are ideal for crypto currency. with all the crypto coins out there it is absolutely amazing to me that a proper bounty system has not been set up to cater to all of them.. each and every crypto coin (including karma) has the problem of how to get people to complete the small day to day operation and maintenance tasks and they are all doing it with the equivalent of pen and paper (i.e. manually typing in forums) and this is the digital age. once you set up an "ebay" style site for small jobs within the Karma community it is trivial to extend that to support every other coin that is out there and to other crypto based projects. If you set up a site like this using Karma as the backbone currency and then allowing people to cash out in Karm (by default) or BTC then you have a real business working on top of the karma network.. this is very good Karma.

this is a golden opportunity for anyone who wants it.

none of the suggestions I have made are disruptive to the market none of them require a herculean effort to achieve... in fact I would argue very strongly that taking no action on all 3 has done more harm to the market than the current price would seem to bear that out.

So karmashares and Karma leaders please continue to ignore my advice.. I do not mind.. I will continue to buy up the cheap coins and work on my projects until you guys decide to stop chasing pies in the sky for a brief moment and take the necessary steps to build your projects on solid foundations.

right now I am reminded of that old biblical tale.. the tower of babel...

watch this video for a bit of comic relief
https://www.youtube.com/watch?v=D97eg3oLMVs


PS
I think its time for me to take a small break from arguing the toss like I usually do when I have spent way too much time making contributions that later go unheeded.

good luck to everyone..  karma wont die even if one or two people fail to achieve their stated ambitions.. we are a community and a community only dies when its purpose does... so try not to get too emotional and try not to panic ... and above all don't rely on other people to do everything.. people fail.. the only person you can depend on to get things done is yourself..