Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KARM] Karma / ₭ / X11
by
socoban
on 14/10/2014, 22:57:17 UTC
Don`t worry, Mintpal won`t crash. And actually, Karma have gained price boost since the beginning of the problems with Mintpal. There is enough trading on Cryptsy for now. The only difference for Karma between Cryptsy and Mintpal is the BTC pair. But since there is no BTC trading, I don`t see why we should pay attention to Mintpal. They are big boys and will recover.

Sorry man, I've been watching and trying to communicate with this bunch at moolah for the last week.
Karma seems to be one of the coins that for whatever reason they have a problem with withdrawals.
I managed to convert it to another coin (syscoin) and get it the heck out of there.

My advice is do the same or watch it go down the tubes....because that's where its headed. I've seen posts from guys who have had their wallets reload after withdrawing BtC and so humans being what humans are, they have withdrawn again, some people had zero balances only to find 10 plus coins appear on their accounts.

moolah has lost it and they are NOT coming back.

http://blog.moolah.io/2014/10/14/moolah-is-having-to-close-its-doors/

Mintpal is MtGox 2.0.  Shame I did not make screenshot of my balance after they credited my account 2 days ago. Now I will have problem to proove my balance.


i didnt make my screenshot of my balance too Cry

I planed too, but my account was not accesible for many days and once they credited it, I forgot to make screenshots. Most of KARM was on Mintpal.

So, the question is, what will happen now. Either many billions of KARM will be stolen from Mintpal and dumped on Cryptsy (this would be crime, so if they are not stolen now, than it will not happen). If they lost some funds, they will credit people less coins. Every way I see it, huge % of KARM will be locked there, mostly the KARM which was planned to be sold. Losing high volume trading platform usually means price dump, but since all the KARM is locked, the result can be opposite and price can pump.  Since 3/4 of my KARM is locked on Mintpal, I hope KARM will skyrocket to 200+ listoshi.Wink)