looks like the token contract code is a copy from the Ethereum tutorial smart contract, lol

Good time to buy

.000002 ETH puts us at $450,000 market cap. this is way undervalued IMO. just look at the coins around #350 on coinmarketcap. most of them are completely inactive! nowhere to go from here but up

Why not just give people money, btc, or hell even doge if you want to reward them? Why does it need a new token?

It's a good question. I am not really saying that much for now, only that it is for 'rewards' but I guess you could say there is a unique twist to the concept that I think will add tremendous value. (My apologies for being vague and mysterious about it.)

Time will tell, though.

Hello dev any news about Yobit ??
Good luck 

There wasn't much interest?

Maybe not, but this still does not make it right that some guys (is it more than one?) bought all the coins for very cheap (they were first listed for very cheap).

The first adopters got it almost for free, and all the GOOD was sold very fast (hours? minutes?).
The difference of purchasing power (in number of GOOD units) of someone that saw the coins for selling when they were first listed, and someone that only reached the exchange hours latter was huge.

This presents a huge advantage to early adopters (opening the EtherDelta page one day latter than the initial listing day and you can only purchase GOOD for 100x the price...), similar with what happens when a coin is premined.

Correct. No one from the old Karmacoin thread was interested in doing a new coin for Karma without a swap. (But I didn't want to do a swap because about half of the old Karmacoins in circulation had been stolen.)

This post: https://bt.irlbtc.com/view/579973.msg19528164#msg19528164
and the one following it illustrates some of my reasoning for wanting to re-launch Karmacoin.

However, after it was created there was one person from there who started posting here. Also, another member asked for free tokens (just because).

But the reason I created Good Karma was for the benefit of the Karmacoin community.


I wanted to price it very cheaply for the community, as I had said from the beginning. After I saw that there wasn't interest, I priced it even lower commensurate with what I thought was market demand (almost null). But I also wasn't aware of how 'difficult' the exchange interface was. I guess you could say I screwed up the launch, and a difficult exchange probably made it worse. The problem will de-wrinkle itself given more volume, I think.

As you can see from the post above, some people are quite observant. Others are just quick. I am also guessing it took some time for (most?) people to figure out how EtherDelta worked, but others were already familiar.

Regardless, for the next exchange I will probably let people know when the market is up and link to it, but offer no more than about 1,000,000 tokens for the first week. (The rest will come from people who already own it.) This should give more people advanced notice of our new exchange.

By the way, I will release the road map and some more details about the future of Good Karma once we have stabilized on a new exchange. There's really no point in doing it before then if there's market manipulation (or lotsa fatty fingers) going on at the current one.

(Also, once we have another, easier exchange I may point people only to it from the OP and also the website, in order to make it easier for people to trade and have a better overall experience.)