Karma Block and Coin release timeline. Thanks for the post... this only highlights the point that Coin production is not the problem regarding the price of Karma.
the Market Cap for Karma is currently about $200,000 and it has been at around about that level for more than half of its life.
https://coinmarketcap.com/karm_180.htmlwhat this tells us VERY clearly is that no change in how the coins are produced.. be that Mining algorithms, reductions in block reward, PoS or whatever, is going to make much difference at all to the price of the coin because the real issue is and has always been that there are too many coins already in circulation.
Karmashares has addressed part of this issue and the price of Karma doubled (or you could say.. stopped falling) as a result.
I agree with almost everyone on this thread that has said that we should stop talking about the price of focus on growing the Pie (ie the community).. This is the only way the market cap can expand over the longer term and thus result in higher prices for Karma.
The only other option which could affect prices directly would be a reverse split and that would mean knocking a 0 or two off the balance of every single wallet in existence.. and I highly doubt anyone would agree to that...
I am glad to see that people are taking the initiative to come up with different ways to both help others and put Karma into the spotlight. this is the way forward so lets continue on this path...
for what its worth.. I am a miner and a trader and a candle stick maker (of the stock market variety) and I would much rather see real people in need being helped by Karma than see early adopters argue about how Karma can line their pockets.
I know I am guilty of being a bit ideological at times... and I can be greedy too... that's why I own shitty coins like Maxcoin... but I am going to try and be a bit less of both going forward...
im going to stop short of asking everyone to hold hands and sing Kumbaya but you get the idea Lolz.
Yes, basically starting in October, we have such a small number of coins being released, its essentially just a maintenance dose for securing the network