Interesting, I thought KARMA price will explode immediately after the lill.com buy offer announcement. There was some movement up yesterday. The question is, why the hell is it not moving up fast.
because the deal isn't signed yet.
I'm not saying anyone is lying but announcements can be faked.
offers can be faked.
deals can fall through.
until there is something signed its all up in the air.
just watch it really explode when there is a dividend payout for karmashares investors. or if some of the money is reinvested back into acquiring more karma for the fund.
Karmashares has a development fund... which helped to stabilize the price somewhat.
coins like Nautilus claim that they are the first with a stabilization fund.
now imagine of some money from a successful business deal was invested into a Karma stabilization fund which actively traded KARM to BTC to keep the price from falling or rising too quickly.
with money in the bank the possibilities are endless.