Quote from: cryptowho on April 24, 2014, 06:29:24 PM

Quote from: vtbean79 on April 24, 2014, 05:35:48 PM

Quote from: cryptowho on April 24, 2014, 05:10:28 PM

Quote from: Delaforetnoire on April 24, 2014, 12:30:25 PM

Quote from: ptman on April 24, 2014, 12:24:48 PM

Quote from: kosmost on April 24, 2014, 12:10:24 PM

Quote from: p4r4m0un7 on April 24, 2014, 12:04:15 PM

Good job with the new wallet. Well done! About the shares, after 2 or 3 months when this company grow strong, many people will remember how they could make their lifetime income and missed it. Then I will offer them for selling a hard wall, so they can crash their heads into it.

Thanks. They can still participate by holding onto coins in their wallet, but they will not be able to get 10x the number of shares

How can holding coins in a wallet help the Karmashares LLC?

Help me understand it :-)

After May 11, when you will hold more than 5 000 000 KARM on your wallet more than 30 days, you will be able to receive share points, but without bonus. So for 1000 KARM, you will have one share point, for the minimum 5 000 000 KARM, you will have 5 000 share points.

also keep in mind. if you decide to move the coin out (sell them , give them away, etc.) you will loose the points. when you stop having those coins in your pocket you stop owning shares. this way there is no double point. each point will always be equal to 1000 Karma

I'm still confused about this whole thing. Please help me understand why it's better to exchange KARM to share points now. If I exchange 5 million KARM now, I can get 50,000 share points (10x what I can get later). BUT.... if I don't exchange now and just keep the 5 million KARM in my wallet, I still get 5000 share points PLUS my KARM in my wallet. I'm not "loosing" any KARM this way. Isn't keeping KARM in the wallet safer play just in case this share points thing doesn't work out?

I can not tell you what is better for you. You need to make your own decision. Not to mention i would feel terrible if you made a bad decision on my own behalf.

Here is what i have to say to your questions:

Yes, that option is there for the ones that do not want to "invest" their Karmas. By keeping them you will get points out of the company(i think you will have to provide a dedicated address where you will keep those coins). But those points are "temporarily" because the moment you decide to sell those Karmas then the points will be removed from being linked to your account and you will stop receiving dividends by the LLC. This will prevent having more points then Karma overall

So in other words. You do not own those shares %100 , but they are landed to you as in good faith that you keep the coins in your wallet. hypothetically Speaking, if the company shares are worth a lot more then Karma coins, then you will always see there worry not to move a single coin out of your wallet or you will loose all those shares. And , the opposite could happen just as well. The market will decide.

Truthfully , i believe almost everybody invested in the company because: one, they believe in kosmost , and secondly they want the best for Karma.

Looking at numbers : Right now 5M Karma are roughly $25. That is a very cheap investment for something that promises you a lot of work. Even if they fail. it would still be a $25 investment. If you are thinking, well what if in future Karma goes $2 a coin while the company shares are worth nothing? Then i think you should keep all those coins you have , and buy $25 worth of coins and invest those.

Gotta say though. at 49B coins out now and more to come.. this coin will not move in $$$ anytime soon if it stays in hands of trader and miners. Thing like karmashareLLC will allow Karma to stop being just a trading value and become a vision. So by investing , you are helping push forward.

Again, read up everything , ask a 1000 question and make your own decision. At the same time, never invest more then you are comfortable to risk. Do not rush into your decisions.

the team will push forward and i am sure more opportunities will come in near future

cheers

Thanks Cryptowho!

vtbean79

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