Socoban, on the first page of this thread and on Karmashares.com you can see that if you trade your coins for shares, you will get 1.75 multiplier. So, you are mistaken about this. I as a KARMA investor am totally against that somebody who missed the Quantum periods to get more than 1.75. Actually if it was up to me, I would definitely lower this ratio.
I am not suggesting to increase ratio to 5x, but to decrease revenue for KARMA coin, or to make Shares trade-able. And it really does not matter what is written in Bitcointalk forum, if official web page says something else. We are searching for new blood, new blood does not read this thread. Official web page makes Karma Coin much more valuable compared to KarmaShares than it really is. Those information on that page are simply not true. As someone said, most of KarmaShares is hold by 15 people. We need to get hundreds of new shareholders. Those shareholders will bring new Expensive Karma Coins to the project. First investors bought KarmaCoin for 10-40 litoshi. They got 5-10x multiplier for shares. KarmaCoin is now at 450 litoshi. The revenue for early shareholders is 50-100x higher than for those who come now. So those new investors have to pay 50x more money to get same shares as early shareholders got. But KarmaShares company need new investors. We need new money to be thrown into project. The more people invest into KarmaShares, the more value those shares have. We need new blood and new money to be thrown into new projects. Hence we need to make KarmaShares attractive. They are not attractive now. Karma coins holders does not help KarmaShares company, only KarmaShares holders help it.
Hey ~ when karma is under 10 latoshi
that time many people didn't buy karmacoins
But over serveral month, the dev and team goes their own way under that price
And the period of multiple-share changing was over one month!
Then the price goes high it's become unfair?
All chance are opened for all and someone get the chance under darkness season
and someone get the chance more clear time
High risk high return. Low risk low return.
The bit is also under 10 bucks just an years ago
That time people bought that for earning money? no. Just fun to buy.
But now people buy bits over 600buck. That's unfair??
Share is too. If the LLC is really good? Then many people invest
If not? They didn't invest
Don't focus on missing bus.
There are many great things still exist!
karmacoin was over 10 satoshi passtime.
I saw the price of my karmacoins decreased 5000%
care with the price of bitcoin that time. 7500% decreased!!
Karma has passed really dark time. And now cameback
I want to give you this patience and potential of karmacoin^^
Good luck~!
Hmm, I don't think you understand the text I have written. I am early shareholder, I have bought my Shares cheap. But what I see, there is no interest in KarmaShares. Peope are buying Karma to hold it and sell it, not to trade it for KarmaShares. Hence it means something is wrong. If price increase of Karma is driven by KarmaShares company, than KarmaShares should be hot like gold. They are not. People do not want them. As I wrote earlier, reason is, they have no reason to do that. They will w8 for KarmaShareholders to do the hard job, to push Karma price up and than they will sale. KarmaShares holders are taking all the long-term risk and do not have an option to take short-term profit.
