1) I still have my coins
2) There was no pump and dump
3) There was no scam
4) All coins have been returned to the addresses from which they were sent (100%)
5) I shut down Karmashares due to both personal risk and the lack of community support (and personal attacks and insults)
6) The price of Karma is still higher (nearly 300%) than it was the day before Karmashares was announced, despite all the "dumping" that you guys yell and scream about
I am voluntarily maintaining Karma services out of my own pocket as we speak. I shut down lill because the servers it runs on (db servers, load balances, static servers) cost about $500 a month. Without your support I do not feel the need to continue Karmashares, plain and simple, especially when I am at risk.
Some people want all the rewards without any of the risk.
I no longer want to take risk.. you can bitch and moan all you want, but the facts are above.
I can understand your points and I know you did a lot for Kama.
But man... why closing Karmashares without a more severe warning before doing it?
Maybe more members of the community would wake up and contribute more?
Maybe more members of the community stoped bitching about not liking the possibility of having to end the PoC holding model because of the SEC?
The problem in the eyes of the community was not that you ended Karmashares.
It is the way you did it.
Like I have already said... a "severe warning" would cause people to sell.
Then instead of the above drivel we'd have other kinds of people complaining that it wasn't fair to them because they were not able to sell their coins.
The scenario which I decided was fair to everyone (including myself) was:
1) refund coins
2) announce Karmashares is closing
If #2 was done first or even hinted at (i.e., "might be closing") there would be even more complaints.
Although people are still complaining (and insulting, which is just plain wrong) can anyone pose a reasonable argument for why it was an unethical way to do it?
What was done was the best solution and fair to all, including myself. If anyone doesn't agree please present a rational argument for your alternative scenario.