I don't understand: you did big efforts to regain the BTC market on Mintpal, and now, KARM hit the bottom again @ 2 Satoshi..
The situation on the LTC market is bad too.
Are not afraid that Mintpal will kick you again if this will continue ?
The situation on the LTC market is bad too.
Are not afraid that Mintpal will kick you again if this will continue ?
A failed rally now would do more harm than good. I'm not worried about what an exchange does to Karma because its "value" isn't derived from its current price. I don't think Mintpal would do that any time soon anyways.
Karma isn't trading at 2 Satoshi. 1 big buyer just removed his buy order so the "wall" is down to 11 Bitcoins (dropped by over half). That buyer is still out there possibly waiting until the price drops to 1, ie doubling the amount he can buy, assuming he actually wants to buy Karma still and hasn't given up trying to increase its price with an order he wasn't expecting to be filled. I doubt he will try to push the price down if he is a real buyer because he just had over 20 BTC sold into him at 4 Satoshi. The majority of what is left at 2 Satoshi is a medium sized buyer. The 2 Satoshi "wall" could fall with just 2 BTC in sales at 2 Satoshi if the medium sized buyer removes his order lol. It could also fall if somebody tries to push the price down...or even if the current trend stays. The exact same thing happened at 3 Satoshi, except there were more actual sales.
Karma won't fall much below 1 if it reaches it but I can easily see Karma falling below 2.
As long as Karma changes hands I'm happy because it means somebody is interested. I think the more the price falls the more likely it will end in a "true believers" hands that might never let it go.
AGcrypto, $10k could have bought you at most 20% of Karma, does that mean you currently hold 65% of it?
Chargin.
Well when i bought my titan karma was a 16lat so i am not sure your calculations are correct 😝 With the Karma i had mined plus a 10k buy in it would have been approx 15 billion not sure how much Karma was out in march/april time frame but i am sure it was not too much more than that. But its all good if we all could tell the future there would be no such thing as being rich. I believe in Karma and have proven it by securing a good position in the Karmashares LLC. I can care less about todays prices, if anything I look at them as a 4th of July sale. There are so many awesome things in the works for Karma that I am very secure in my decision to get involved with this coin and invest in its future. It is all just a matter of time. So for now i will continue to take advantage of these ridiculous low prices and build my little pile just that much higher.
