Topic: [ANN][KARM] Karmacoin - New Initiatives - Helping People Do Good - page 111. (Read 352488 times)

wise man say "people who always look at the price  often fail to see the value".

I don't see fighting, all I see is a bunch of newcommers who have little understanding of decentralised open source projects and crypto currencies claiming how an altcoin should be this or that...

here are some points I'd like you all to consider.

1) in the long run the logo is not so important.. since this is an open source project, not a company, so ANYONE can change the logo at any time and whichever logo is most appealing will be adopted by the community.. Just take a look at the history of Bitcoin, Litecoin,PrimeCoin, NovaCoin, DogeCoin, AuroraCoin, for examples of really simplistic and sometimes unappealing designs.. some of which have evolved over time to look more appealing. ALL Crypto currencies are an experiment and work in progress.. this one is no different.

2) the market is heavily manipulated.. I noticed this the other day when I put my buy order in for 3 satoshi got some coins and then instantly someone put a small order after me to sell at 2.... someone is deliberately trying to keep the price low to cause more panic among weak hands. another example of this is that people have now begun openly bashing the project. keep in mind that NOBODY goes onto threads and starts openly bashing coins for no reason at all everyone has their reasons... and for most people when money is involved they do it so that they can buy in at a lower price. I might add that this kind of FUD spreading to manipulate markets is both immoral and illegal (it is called bear raiding) and I'm sure Karma will catch up with those people eventually.

3) the market as a whole is in a down trend. whatever people may say about the community or branding of KarmaCoin, nothing is hurting the price right now, as much as the general market down trend.

4) utility drives the value of a crypto currency a lot more than branding... AURORA coin is a good example of this. if the coin gets adopted as the default  currency of iceland (a very very small country) then its value will go through the roof... just look at MAZA coin as another example of poor marketing but massive potential for utility. forget the logos for a second and focus on the concept... Karma as a concept and altruism (being good and generous) as a way of life are very very appealing to large sections of the community.. it is concepts like these that have the potential to bridge the Gender and Age gaps which separate crypto-enthusiasts from the wider community...for example when was the last time you saw a senior citizen, a woman or a child publicly advocating for any crypto-currency? they are out there but there are very few of them and this is a BIG hurdle for any crypto-currency to cross in order to gain community wide acceptance.


so in short.. I have a question for those people who keep claiming that KarmaCoin should be run like a company, when was the last time you saw a company become successful after only 1 month of operation?

and for those people who realise that this is a community and open source project I would invite you to look at the history of bitcoin itself or even linux to see how a little known, obscure and poorly branded open source project could end up taking over the world.

as a side note.. most people who still believe that Linux is a niche operating system, do not even realise that it is the backbone of more than half of the worlds smart phones today.

for those that are impatient, all I can say is that its early days yet.. so please try not to panic and whatever you do, don't get out of cryptos entirely. We are part of a world wide revolution....its only a matter of time...

Back in Nov, NXT was selling at 4 satoshi per million. There was a small group of early adopters who bought the 100% pre-mined NXT. 3 months forward now, 1 M = ~ 75 BTC. They did an excellent job with co-ordination,  marketing and development in spite of 100% pre-mining. Karma at the moment @ 2 satoshi is very good opportunity to buy. We may never see this price again. With a very good coin name and Dev ready to work with community, Karma is a real gem at this price. I also see few smart people who stacked up > 0.5 B, >1 B coins.  

It would be nice if community decides on logo by end of this week as it has been taking most of the time and discussion in the thread.  Maybe poll?

Karma website is good, but needs better pictures and improved content. I am willing to donate for tasks set by community.

I just want to say that is a terrible logo, go with the original.  The dev needs to step in here and be a leader.

https://bitcointalksearch.org/topic/m.5408536

The entire market is down.  The frickin logo doesn't have a damn thing to do with it.  Moon came back from 1 satoshi in grand fashion and now it has settled at 3 satoshi.  No offense to the dev but putting the logo into the hands of the community was a bad idea.  The logo was fine.  If you give people too many choices bad things happen.  We should drop this logo nonsense and go with the original.  Switching to fixed rewards was a great idea.  This coin will weather the storm just breathe deeply and stay calm.

Holy monkeys. if that is true. and you have over 1 bill. you should do giveaways man. i had 50 mills and doing 4 : )

Well, I've bought over 1 billion karma in the past few days and I assure you, this coin is definitely going somewhere. I probably bought all your Karma.

Take a look at the early Dogecoin threads. You'll see the same thing, except there was more community involvement because they found a way to have fun. We're still looking for ours.

Don't be fooled by the market price. That's a reflection of dumping.

Halving will be in 7 days or so. You will be eating your words in less than 2 months when we've surpassed 200 satoshi.

Anyone that knows about markets knows that there are only a few good altcoins to invest in. KARM is one of them. Buffett would surely buy it.

As for your "No coin ever gets back up from 1 Satoshi" statement, I don't know if that's true or not. But what I do know is that the number of altcoins has exploded in the past 2 months. And it's a young market. That means there will be "no coin has ever"-type statements every few days. Heck, take a look at what Auroracoin did yesterday (50% premine, yada yada).

I've done branding for Unilever, Proctor & Gamble, and some of the biggest names in consumer products, have done PR for the biggest biotech firm, and this is the only logo I've seen that can take us above 20 satoshi (the top one, not the bottom one):

http://i.imgur.com/RLwHMIf.jpg

It isn't the best, but the only brandable one I've come across. It's simple, bright, cheery, and embodies the concept of what I think we're wanting to do.

The problem now is that we're wasting time deciding upon something that is quite easy.

1) design something

2) test it with your market

3) re-vamp design(s) based on comments of your TARGET MARKET

4) roll out new branding

We stop at #2, thinking that we don't need it. But where would any entity be without market research?

This coin is done. Fighting within the community, major disagreements over the direction of the coin, major disagreements over the logo of the coin (that it is still an elephant even after all the rationale for the dharma wheel or lotus leaf is a major issue with me and why I dumped my 180 million earlier), no real prospects for the future that are actually attainable.

Face it lads, it has failed. No coin ever gets back up from 1 Satoshi without a MAJOR artificial pump from a scammer like Wolong. Mining is so easy right now it will always be dumped if it even hints at a rise. Nevermind, it was fun while it lasted - sorta.

The person deciding on this needs to 1) ignore people without experience in design and marketing (unfortunately); 2) listen to people with experience in branding and marketing.

"hindu buddhist crap".. no need to get offensive. Surely we can come up with a good design.

They will likely never return. People have been saying it for weeks. (And I have been saying they will not be back up for 2 weeks)

does anyone else find the new website difficult to navigate?

+1

Karma has 30% more volume on MintPal than LTC and Doge combined!  We will be back.  Miners will stop mining and the amount available will dry up.  Once coinwarz either points their API at MintPal or CoinMarket.io gets back up, the profitability indicators will reset and we will be back in biz. 

arrr fuck you's later.... I'm going to the pub!
And definitely not shouting any of you prunes a drink!
Mcaltcoin you can have a raspberry soda. On the house!
L8R coin debaters!

This coin has a good standing on coinmarketcap so I am very sure this coin will go a long way I am fully supporting this coin

Im not bashing anything you tree huggers, what is wrong with you's??
Fuck this is like some fucked up mystical place man, I'm leaving soon cause you's are starting to freak me out!
Didn't even get a drag on that J!!! Bummer!

No but I have been awake 30 hrs straight again! Dam you cryptocoins, dam you to H..., o wait I just got paid - doesn't matter, I'm good for another 8!

I like debating, I was a school champ! But I feel here that any "negative comments" are rather looked down from reading glasses.
Im starting to get bombed dude, for my input - INPUT....mmmm...innnnnnput, Jonny 5 needs INPUT! Jonny 5 is alive!

which one?

mattboldfield, you are entertaining.  In that rant are some good things to debate.
Can you try not to bash - I think it will be more productive.
I think the point that was being made was to take action - we have a lot to do.

It is early in the morning there - need some coffee.  Any relatives that were POME? :-)