It would be very nice when you find a way to contact coinex. Since 20 days I also have a withdrawel that didn't arrive at my wallet.
"122689998 20 days ago Withdrawal | 3797198.8 NOBL ".
This morning I send some emails to;
https://bleutrade.com/exchangehttps://www.vaultofsatoshi.com/www.itradebtc.comMaybe they are interested in adding Noble. Two weeks ago, I got a confirmation from
www.litepaid.com that they would add Noble+banner. I just checked and it wasn't there. So, I am going to ask them about it right now.
No worries. I'm going to have to put it out there: we've got at least 25 million NOBL hung up on Coinex that I know of. I want to cover this because our CoinMarket action and now doing the same for CoinEX is what has set us apart. I've got a few concerns though:
1. I'm going to have to do it say weekly at 10 million total spread over a few days, to follow our rule of not flooding the market.
2. It's going to have to be done with everyone here alert and happy for it to be done. Unloading a certain amount right now means breaking into a new wallet over the next few weeks, even two over that time with other commitments. It's also when our price is higher and we don't want to start putting downward pressure on it or raise any 'red flags'.
3. With us now on Mintpal and AGX I'd always advise using them and never store large amounts and play it safe. We can't cover another large-scale loss like this and we've learnt our lessons.
4. Following this and because of the growing concern again over the reserve wallets, I'll break the current wallet down to 10 million NOBL so that no more than that is ever 'un-accounted' for (an easier amount to swallow over 30 million).
What are everyone's thoughts on this? I'd like to make sure the
majority are aware of this and they have given their approval. We never had to cover too much CoinMarket loss after all the detective work, but CoinEX will be a different issue. I'll try touching base one last time. Should we go ahead one final time now that we're on all the exchanges to show that NOBL can cover their community for their own little MtGox?
Following this we will still have 100million+ in reserves, we've 'proven' ourselves and gotten onto the larger exchanges. I also have gotten to know personally a number of the people who have lost large amounts, and they 'invested' big, helping drive the price up in January, and won't be cashing out huge amounts to make NOBL suffer any time soon.
My thoughts for what they are worth. First I do not think any account that is not a individual should be refunded, such as a multi-pool.
#1 I was warning people for 2 straight days to get their coins out of CoinEx. Those that didn't heed that warning either could afford to have their coins in jeopardy or were not watching the thread which means they could afford to leave large amounts untended and can therefore wait to be repaid. See how that logic works out. I would also add that in my opinion it is a blessing in disguise for these people as they have already quadrupled thier value and I would think it will continue to rise. Especially if they are not immediately refunded and allowed to dump as really is the only reason to have large amounts on an exchange in the first place.
#2 With that being said It has been an unwritten perk of holding Noble that the pre-mine has been used to bail out supporters so Yes the coins should be refunded. When I first started mining I lost a wallet with 10k (at the time took me a week to acquire) and rofo offered to replace it. Which solidified my part in this community and gave me a sense of the man behind the name "Rofo" (which I googled and the giggled.
#3 I would recommend refunding on a sliding scale with the lowest holders being refunded first. They probably can afford the loss less and were not speculating but paying bills.
I would say anything under maybe 50k(?) could be refunded After 1 week and then in 2 days do 100k and then double that time and also the amount, rinse repeat.
So something like
Wait a week for price to settle from recent activity.
Then refund in this order so as not to flood market:
Day 1 >50k
Day 2 >100k
Day 4 >200k
Day 8 >400k
Day 16>800K...
These numbers can be changed anyway you see fit but this is how I would handle it.
Also Rofo, Has CoinEX gone completely Dark for you as well? If so how long has it been? As soon as it has been say 1 month I think you should be the one contacting the Police for the general community and you should post in the CoinEx thread what The Noble Movement is doing in this regard.
Also as I have stated before, yes I think you should do some BTC conversion to relieve the marketplace strain you have been enduring.
And last of all Congrats on the Great work as usual!
It would be very nice when you find a way to contact coinex. Since 20 days I also have a withdrawel that didn't arrive at my wallet.
"122689998 20 days ago Withdrawal | 3797198.8 NOBL ".
This morning I send some emails to;
https://bleutrade.com/exchangehttps://www.vaultofsatoshi.com/www.itradebtc.comMaybe they are interested in adding Noble. Two weeks ago, I got a confirmation from
www.litepaid.com that they would add Noble+banner. I just checked and it wasn't there. So, I am going to ask them about it right now.
No worries. I'm going to have to put it out there: we've got at least 25 million NOBL hung up on Coinex that I know of. I want to cover this because our CoinMarket action and now doing the same for CoinEX is what has set us apart. I've got a few concerns though:
1. I'm going to have to do it say weekly at 10 million total spread over a few days, to follow our rule of not flooding the market.
2. It's going to have to be done with everyone here alert and happy for it to be done. Unloading a certain amount right now means breaking into a new wallet over the next few weeks, even two over that time with other commitments. It's also when our price is higher and we don't want to start putting downward pressure on it or raise any 'red flags'.
3. With us now on Mintpal and AGX I'd always advise using them and never store large amounts and play it safe. We can't cover another large-scale loss like this and we've learnt our lessons.
4. Following this and because of the growing concern again over the reserve wallets, I'll break the current wallet down to 10 million NOBL so that no more than that is ever 'un-accounted' for (an easier amount to swallow over 30 million).
What are everyone's thoughts on this? I'd like to make sure the
majority are aware of this and they have given their approval. We never had to cover too much CoinMarket loss after all the detective work, but CoinEX will be a different issue. I'll try touching base one last time. Should we go ahead one final time now that we're on all the exchanges to show that NOBL can cover their community for their own little MtGox?
Following this we will still have 100million+ in reserves, we've 'proven' ourselves and gotten onto the larger exchanges. I also have gotten to know personally a number of the people who have lost large amounts, and they 'invested' big, helping drive the price up earlier, and won't be cashing out huge amounts to make NOBL suffer any time soon.
Hi Rofo,
Thanks for the quick and detailed reply.
Actually I have been a bit disappointed about the whole profit taking we saw the last 10 hours. First of all, I geuss you know, I am really happy the way you run Noble. But also for me some profit taking is a must once in a while. Yesterday, I moved a part of my coins from my wallets to poloniex and mintpal. I was ready to sell some between 200 and 300 sat, seeing that range as fair value for the moment. But just like any other coin there are always people that like to take a quick profit. Not profit taking for me though at these prices. I am going to change my plans. Just what I did for 6 weeks ( buying between 15 and 20 sat) I am going to do again now. I will start with a nice buywall at poloniex at 58 sat. Maybe we can get some speculators out of the game and get more coins into hands of longterm investors.
For the rest of the day I am going to train and play golf with my coach and I am really curious what happened when I will be back here in 8 hours.
Today, I am going to discuss with my golfpro, how much I am going to pay him for the golflessons for this year. I am going to offer him a payment halve in Noblecoin and halve in Blackcoin. These two coins are in my opinion longterm winners.
I too was disappointed by the dumping. This coin should be over 200 easy right now. But I think those that dumped are going to regret it in the long run. I actually cracked when the price went over 400 and was going to sell half at 399 but did not have anything on the exchange (I have learned!).
OK all, I'm back. We had a noble princess and mom had some issues after the fact, but I am ready to jump back in. I apologize for having to disappear for a bit. I am going to jump back into all the project stuff so if anyone needs anything at all, please contact
projects@noblemovement.com. Again I apologize to the community but looking forward to the future
Nice to see you back! hope all is well now.
What we really need right now is
P2pool.
This is an awesome idea, I will mine for sure.
Welcome.
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