If a coin can not attract miners, there is no way for it to attract investors. Miners are the advocates of the coin.
this is a completely false statement.. miners have nothing to do with the BUYING price they are the ones mining and dumping.
the role of the miners is to secure the network not to dictate the price.
the only way the price goes up is when people with Fiat turn their money into BTC or LTC and turn those BTC/LTC into Karma.
if people aren't moving money into BTC and LTC then there isn't any money to be moved into Karma.
It really is simple economics 101 Supply vs Demand... supply being provided by the Miners and Demand driven by users and investors.
if you want to grow a coin then you need to grow the community and the best way to do that is to provide more places for people to spend their Karm.
more places that accept Karma means more people will want karma to buy products or donate at those places.
the dev and PR teams are doing a great job at sticking with the program regardless of the price fluctuations...
if you want X11 please feel free to buy an X11 based coin.
proof of work is not the problem at the moment, the real problem is lack of secure exchanges and lack of confidence in the market. (decentralized exchanges for the win!)
