I checked KarmaShares donation adress, there has been almost none Karma to KarmaShares exchanges last month. I know, this project can be huge, but holding Karma is much saver right now than holding KarmaShares. Since people can switch from Karma to Karmashares anytime in future, but can't trade KarmaShares to Karma, KarmaShares are currently not atractive. They should be either timelocked, like people can trade Karma to Karmashares like max next few months, or they should got less and less shares in future. Right now, it is stupid to buy Karmashares, it just locks you money. People will hold Karma and wait to find out if KarmaShares are profitable. If we want people to help the project, they should own KarmaShares, not Karma only. Trading KarmaShares or Making KarmaShares more and more expensive compared to Karma is the only way, how to push them to buy KarmaShares. Since karmashares can be bought only by Karma, it will force them to buy Karma and push the price up more. More value Karma has, more people will know about it, more interest will come. So I definitelly think, Making KarmaShares more atractive than Karma will help whole project a lot.
Not sure if it changes your perspective, but the timeline to actually purchase Karmashares passed long ago (the same weekend my computer flipped out on me so I missed the buy-in). So you shouldn't see any transactions to the Karmashares donation address. Holding 10M Karma in your wallet will entitle you to a Karmashares % but I'm not entirely up to date on how that process works if it's quarterly to mimic a corporation's quarterly holding reports or whatnot.
Not necessary true. Purchasing Karmashare points has not been closed. The only deadline was the extra bonus points. At this time you can trade the coins for x1.7 multiplier. Or you can keep your coin for x1 multiplier.
The reason why you see low purchase orders is because people feel safer to keep the coin in their own wallets. But there has been purchase volume. Last time i check a few weeks back there were 8.4 billion coin invested now we sit on 8.5 billion. So there have been people trading coins for points.
Some people still see that trading coins now for points it gives them the relief of worrying to hold their coins. Or trying to do a day trade and loose their coins. Or have to sit there and panic sell them. Not to mention they do it to support the LLC
As the price rise it probably be harder for people to invest their Karma as they hold on to them like they are bricks of gold.
This is why we need to keep building more and more project that will be founded by Karma at beginning, then fueled by users and return the profit back to Karma. A perfect cycle. We will not get anywhere if people hoard Karma like a brick of gold. The gold is the cycle. The gold are the projects. We can't keep Karma up. It will rise and drop some and rise and drop some. Every time it rises a new project will be born(will be funded) and when karma drops down the project will be there to keep it stable. Action and reaction.
Therefore when the project start becoming successful you will see a huge influx of new investors rushing to trade in coin to get karma points in order to get a slice of the pie.
You must give it some time. Also over 8.5 billion coin are invested. this is not a number to take lightly.
