Everytime Karma begins to climb back up above 40 some fucker dumps it back. I'm getting really tired of this. It's not genuine Karma supporters doing this, they know the value of their coins lies well above 200 Litoshi for starters - It's either a moron day-trader (I say moron because the first rule of day trading is you follow the high volume coins, day trading a coin with very little volume is not as profitable and far more risky) or someone deliberately trying to sabotage Karma to keep their own coin in the spotlight (WC,BC, ZET, CINNI, DRK, FLT communities are the most likely sources of such a person, I'm going to scour through their forums and seem if "KARM" appears and in what context).
I say we all put as much LTC on 38,39 and 40 Litoshi as we can spare, even just a few LTC each, and force their hand. Either they dump everything (good, gets them out of the picture) or they hold and let the coin rise, but we cannot keep losing market capitalization like this if we want to be noticed by others and invested in.
We are the top four most profitable coins to mine. With our coin consistently on top or second.
https://twitter.com/WhatToMine/status/463348305364545536At the same time chunky pool is a multipool. therefore a lot of POS coins are probably mining our to save their dying coins. It's part of the free market i guess. As soon as there is a solid buy order they dump. whatever. its not going to last much longer : )
I wanted to cut down the block rewards and make them a bit longer block transaction for safety.. but then that would have discouraged some of our miners to stop mining. I wanted to do it when the coins was releasing billions a day. We survived then. we sure as hell not going to let a few millions kill us now
I guess we, the early developers have to endure all this kinds of stressful problems. We need to stay strong and persistent. We need to do this. Our future members will thank us. They will have an easier path to adapt our coin. And unlike bitcoin, $10 will not get them .001 of a coin : )