Stop that please.
The coin is dying not because of its price, just because of these HORRIBLE sells walls. Who wants to invest in something which cannot grow ?
Please, people, read my message, remove these walls, keep your coins in your wallet, it doesn't change something as the price can't reach even 3 sat but if everyone follow that, the coin will be able to rise again.
As you said the community is important for a coin, but here, the community has to react by removing these sells walls, hold your coins for later !
the sell walls will fall away naturally when people begin to have more confidence in the market as a whole and in this project specifically.
the only way people will have more confidence in the project is if they can see progress..
therefore it is pointless to argue and speculate about the price and the manipulation that is going on.
it is far more productive to think about what each of us can do to bring value to KarmaCoin and prepare it for wider adoption.
contrary to what amateurish miners may think.. THEY do not control the price of any coin.. it is in fact the coins price that controls them.
they are simply the producers/suppliers of a product (in this case a crypto-coin).. and what good is supply without demand?
demand is what we should all turn our attention to because it is what will drive future value of all of us.
demand of course is driven by many factors. some of which we can control and some of which we cannot.
things we can control are...
adoption - making the coin easier to use.
trust - making sure that we (the community) do not involve ourselves in any shady operations like pump and dumps/scams/thefts/fraud etc.
perception - spreading that feelgood factor and making people feel more comfortable with the idea of generating wealth through giving and rewarding good works.
recognition - reaching out to wider audiences through various types of media.
things we cannot control are...
market trends - in this case the market is altcoin currently trending down for the more risky coins.
manipulation - people bashing, pumping, dumping and otherwise pushing their own agenda.
regulation - inevitably this will happen its just a matter of time.
I would suggest worrying about what we can control and not worrying about the things we cant...
just my 2c as usual...