WOW this post just nailed it and has kept me from my own rant because I agree with it.
A few downers are that this schism creates a very quick downturn in the price as seen immediately when Karmagood posted and the subject started over the past hour. I certainly hope there is no ill will toward the coin itself or even the remotest interest in dropping the momentum further beyond what we have established over the last 3 days (and rightfully earned in my opinion with some great announcements).
Instead of talking about copyright infringement and lawyers, etc..I'm sure many would be more interested in talking about advancing the creative uses of Karmacoin and it's overall wider uses, promotion, charity uses, etc.
Now that we are just hearing the behind the scenes challenges amongst KarmaCoin team members, I am sure we would all prefer to see it ironed out to as many people's satisfaction as possible. Don't get me wrong, although I may not be expecting a campfire and hotdogs all holding hands any time soon, it sure would be some Kewl Karma (website address anyone!) to see Karmagood and Komost as well as any old team members and new team members work it all out.
I've seen another original coin Dev create a coin, stick with it for a month (he was good!)...and then when it dropped, he dropped 100% out of his commitment to the coin and its community. The kicker? When the coin skyrocked, he magically appeared with a list of excuses why he left. And we lived happily ever after? No sir. When the coin tanked back to where is all started from the get go....he vanished like a thief in the night. Those that have been on this forum for a year+ have seen this pattern as it almost always plays out in the same fashion.
Should Karmagood go away quietly? Dunno. Could post a world famous Komost poll and ask. But I for one would personally rather see Karmagood stay and get back to the coin he started as well as the enthusiasm and commitment he originally had in that first month+. I think we all would benefit. Just my 2 Karmacoins though.
I am certain and definitive about one thing (not an opinion)..karmaSHARES is a business based on KarmaCOIN...but in and of itself...is NOT Karmacoin.
Let's see if anyone ones to add to the fear, uncertainty and doubt to knock the price. Not kewl Karma Kids!
Karma to the mooon!
The drama - makes for a good read.
No such thing as bad publicty
I'm curiuos why you think they are taking over the coin by the founding of karmashares LLC. It doesn’t affect the coin in a negative way, doesn’t hurt it's ideals. The fact that people are making a considered invest in a company does not connect it to the coin, it’s just a use of the coin, as is intended I presume. The LLC does not only keep coins off the market; It can be a powerful force propelling the coin using funds outside of the karmacoin community for good causes. We have all seen what a charity fundraiser like doge's can do for the price of a coin. The karmamarket can't handle big amounts of negative sell pressure at this time.
Besides the possibility of attracting funds from the 'real world', a business could be a huge advertising push for the coin, reaching out to everyday people and introducing them to this great coin. I understand you could feel like the project you've been working on has been taken out of your hands, but a moment of self-reflection would also be advisory. I look at karmashares as a the acceptance of a merchant using karmacoin. Only the product they are trying to promote is the coin itself. I love the idea and believe it will promote this great coin in ways that will reach people who are not into crypto in a way unlike any I've seen before.
The voice of the karmacoin team and karmagood have both been heard. I hope for one you can take a moment to let everything sink in. Don't handle out of emotions and talk to each other in the morning. You've all contributed to the coin we like, or maybe even love, and the future has seldom been brighter.