If you're talking purely about trading you may be correct. But at least in some cases it has got everything to do with the developer and everything to do with the coin. Note I am not talking about Karma from now on.

There were many coins that appeared perfectly valid and seemed good investments even if you did your due diligence in researching them, yet still turned out to be scams (sometimes after weeks or months). When a developer has successfully hidden a premine and dumps that on the market out of nowhere, or an exchange gets hacked and a sizable portion of a coinsupply stolen, or a group of devs simply walks away from a project despite promises (even faking evidence), that often results in a 99% loss of investment in a matter of minutes.

Most of these coins will never recover, so the buy low/sell high rule simply does not apply here. This is not normal market behaviour, its often intentional behaviour by devs and/or FUDsters and in some cases plain fraud. The fraudsters are just lucky that this market is so highly volatile, largely anonymous and unregulated.

Well if you look at the charts there are certainly several occasions where it looks a lot like a pump and dump, all the indicators in the charts are there. Accumulation. Suppression. Take off. Sell off. Karma is not immune to market manipulation, why should it be different than any other crypto out there in that regard? Wether this was orchestrated by insiders or unknown outside forces is impossible to say, but to look at the charts of Karma from April to today and say "there never was a pump" is pretty bold.

As for the other part of your reply I agree. The value of Karma has not changed, the price has. And the price dropped considerably, mainly due to LTC loosing so much value against BTC and BTC against the dollar, which adds up. Both of those were outside of the control of the team though, so its kinda hard to blame anyone for that. At least the loss was not as bad as it could have been compared to some of the other shit I have witnessed in crypto.

Disclaimer: I'm not an expert on this at all! With that out of the way ...

AFAIK generally speaking there are many ways to attach messages to transactions, but most are considered hacks, have been disabled, are simply not supported by any client or rely on thrid party services. But there is one official way I happened to read about a while ago linked here. This was added to Bitcoin core almost exactly one year ago, so I believe Unobtanium should have that capability.

Basically what it does is OP_RETURN allows you to attach up to 80 bytes of data to a transaction. This is not exposed in the client though, you need to use the transaction API directly to read/write those. Maybe Blazr can give you some more information on this topic, wether it is supported in Unobtanium and if there are any plans to expose this functionality to Unobtanium users...

Great work, looks really nice mate. Looking forward to see and learn more!

You're about 6 months late to that party friend. Its just a bad memory now.

Bless this correction, finally an opportunity to reinvest those ARCH profits!

Additionally I will just remind everyone of a principle we in this community endorse for ALL coins and excahnges alike: never store your coins on an exchange, just keep there what you want to trade in the near future and only as much as you can afford to loose. Just sayin'. Not lookin' at you Mintpal V2 at all, no no no... 

Welcome back 1Referee! Agreed, this community has grown to be one of UNO's best assets.

You sir are quite the gentleman.

I hope they can fix this, but looking at the new site they simply should not have launched (most previous features gone, unusable main menu, horrible balance sheet, broken 2FA, and BTC/BTC LTC/LTC pairings, I mean really? - and this is just the tip of the iceberg). V1 mostly suffered from a lack of trust in security (wether percieved or real doesn't even matter). They could have rewritten the trade engine and devised a new storage strategy and most people would have been happy. Now they've got even more damage to repair.

But enough of that, sorry for taking the discussion away from Unobtanium. These are certainly interesting times.

I have no clue wether this is a pump or not. The new volume is not all coming from within this community though. Could just be new investors who don't care to make themselves known here. Supply is so low that anybody interested in a good position in UNO would inevitably raise the price. If it is a pump then I'm missing a key component: hype. No noise and hype means no one to sell to. So if it is a pump its probably still in its early stages. I like to think of this as a long overdue correction. UNO was oversold and undervalued.

Yeah, after looking at V2 for an hour now I decided I'd have preferred to stick with the old site, thanks you very much. 

Wow, really quiet here lately. I guess you are also all waiting for the Alien: Isolation release, eh?

Okay guys, many of you know I've been a big supporter of Mintpal, even back in the day before they had risen to #1 exchange status (and then lost it again). Haven't been trading there a lot lately (after the hack), but in regards to UI and UX is was still my favourite exchange. Now we all know the long story of this whole V2 launch and it looks like the site finally went live. And I got to say the wait was worth it. Not.

Yep, they managed to kill all the good stuff about the site. The new UI is passable at best, they just purchased a template for 20 bucks and pretty much left it at that (no joke, they really did that). Half the features of V1 seem to be missing. This was a joke before due to the delays, but the actual site is the real disappointment. Maybe they now have the best and most secure backend in the crypto world, but unless they really step up their frontend work fast nobody is going to care.

Sigh...

Gutsy move. I guess my nature just prevents me from going all-in on any single coin. UNO is my largest altcoin by a significant margin though.

This spike to .01 brought out some sellers and resistance. I wondered where they were hiding.
Really nice volume on Cryptsy! 6th most traded coin there right now, it has been a while since UNO was this popular.

That reminds me of my early UNO days. I also started with 10 for fun, then another 10 and another. I guess I became an addict at some point. I started to buy UNO whenever I had completed a trade with profit. Then I invested every time I had done a bad trade, because the risk loosing 90% of my investment here felt extremely low compared to basically every other shitcoin.

This coin just has great fundamentals, its real worth is much higher than its current price. My UNO is off exchanges and will stay there. In the current market selling UNO for BTC is like flushing money down the toilet.

Oh boy, sometimes I get the impresion this is all a staged play. We've got all the components for a good drama here. Just the pacing is reaaaly slow and some of the plot twists a bit lame. I'd have several things to say about this, but it is really late here and I got to get to bed like right now. So it will have to wait. Have a nive weekend everyone.

Didn't see that one coming East.

I remember when I first learned about these assets (in context of NXT) a while ago, I thought "this is the way Karmashares should work". It has almost all the features Karmashares should have had, except for the "problem" that it is tied to another currency instead of actual Karma, which is ... a not insignificant issue.

Never heard of NHZ before and "nhzKARM Asset-ID#:14027245553053047036" isn't exactly a catchy name. But since I apparently am due for some "free" assets due to my donations, I'll take that offer and see how it works out. It is an interesting idea for sure, though I'm not sure about all of the implications it might carry going forward.

With Karmashares there was an initially clearly defined strategy, with plans laid out for several projects, a company to back it up etc. - seemed like a great idea at the time. Right now for this we've pretty much only got your word and from the reactions in this thread I guess the rest of the team were not even involved up to this point?

If I had to invest any actual new money into this I'd like a bit more transparency and clarification before going ahead and buy into this. What exactly do I buy into with this asset? Is this supposed to be Karmashares 2.0 without an actual company? Or more or less just a different way to gather funds for development instead of donations? What is the IPO money going to be used for, who else is involved, what projects are planned, how are the funds going to be managed - that sort of stuff.

Oh wow, looks like you guys had a party while I was asleep. Guess I need to move my buy orders up now if I want to catch a drop.

Feels very good to be back at a more realistic price level for UNO, even if that last part was a little fast and we will need a correction before continuing this bullride...

You shouldn't forget you're still dealing with a bunch of scared and angry chikens right now, myself included. Call it immature or illogical, but many of us have/had a really strong connection to Karma and the events that took place earlier this month shook us pretty badly. Took me a while to get my calm again and since I don't particuarly like saying nasty things, I've decided not to say anything. Well that's not entirely true, I did try to get some answers out of kosmost for a while, but that felt like wrestling with an oiled snake, so I threw the towel and gave up.

The only advise I can give you, as well as André and Perica, is show some patience. This doesn't need to be settled in a hurry. Obvioulsy the past and present leadership of Karma is not willing to give you the keys to the house or their blessing. But like several others already mentioned, I don't see why you would need that. The coin itself is in good shape. Sure it would be nice to find a new process to determine possible future direction etc., but it doesn't matter if that is established now, 2 weeks, or even two months from now.

I can only speak for myself, but I am happy about anyone who sees potential in Karma and invite you to stay. You're welcome to try and help built a better Karma from the ashes of Karmashares. God knows we need some help. But the same speech I gave bitwho applies to you. Right now trust is a rare commodity here and has to be earned. That applies not only to the current team, but also for you and anybody else who wants to "guide" our coin.

Several markets have hit close to .006 today on that low volume, there's just no one left selling their UNO cheaply anymore. Sooner or later those wanting to buy are going to have to pay more and the price will have to find a new floor.

The previous floor was ~.0045ish, but that dates back to times when mining rewards were much higher. Once the overdue adjustment is finished the new floor is more than likely higher than .01

Actually I sent BTC, lol. Thing is I have done several other donations in the past, often without posting here. I don't believe I need to always out myself as the one contributing, I just did it the last time because I wanted to put some weight behind my point that fairglu deserves his payment and this time because you really seem to like making Excel spreadsheets.

edit: ptman is the better person to answer that as he did the coding, but from what I remember it should work just fine if wrapped in an iframe, or be hosted as a static HTML file...

@bitwho "what have you done for Karma" is a red herring, a distraction from unwelcome hard questions or criticism. Don't go down that route like kosmost did, it's a dead end. You really want to know what I have done? I've contributed several times to donation runs, as recently as the block explorer and - just today - to the API fund (hint @East, that was me). I've worked with ptman on the Karma game (good times). I've been an active, mostly positive and constructive community member. I've offered help on the karmadev subreddit and the Karmashares forums, no one requested it so far. There's probably more that slips my mind, but that's not the point. I've decided not to get involved directly in the current process on trello for personal reasons, but I still believe in the Karma idea as much as before. I'm offering my opion, no more no less, take it for what its worth.

Yes, it is extremely hard to get people to do anything for Karma, that's not a new problem. That happens when you ask people to do work for you for free. And now its even harder than ever because trust in the team has been severly damaged. Too many broken promises. Guilty by association I guess. The trust needs to be rebuilt before you can realistically expect much support. André, Perica and David coming in at this time offering help is pretty close to a best case scenario. We should embrace this opportunity and try to make the best out of it. A fresh start is needed, we need to stop being nostalgic for the "good kosmost"-days, get over the "bad-kosmost"-days and start a new era for Karma.

Of course in theory it is not unreasonable to ask help from the community, but you can't ask the community to shoulder everything either and certainly not at times like this. With almost any coin I know (that's worth following) the team is a core group of maybe 2-6 individuals who not only determine the direction of a coin, but also execute most of the development - without constantly asking the community to do that for them. The core development and services are almost always done by the coin developers.

The communities of those coins can trust this basic level of development and infrastructure to be provided for them. In contrast what remains of the Karma team hasn't even managed to take over all existing services from the previous team leader - after a month. If you want others to believe in this coin and dedicate their resources to it, you first need to demonstrate your ability and willingness to do the same. It is called leading by example.