Sorry I was just frustrated with overall poor service I've received everywhere as of late, I was just wondering why they wouldn't put a notice on website if there are issues, instead they said you will get it within 12 hours so they create a certain expectation. But I will wait it out thanks for the reassurance.

I bought something on marketplace but never got it, scam??

Markets paused. You can log in but nothing more.

We will be completely revamping the public ledger to make it more readable and understandable. We will also publish the excel spreadsheet with every spend on it done since we released - it's at 2400+ entries (names will be removed but addresses will remain).

We released at a time where premines were still acceptable and considered great for long-term development support. However we immediately knew we had to provide a public ledger and transparent/accountable devs (public social media details and real name, etc.) in order to stay competitive compared to coins like EAC. We knew we had to be legitimate if we wanted to be taken seriously. We delivered this.

Since then, the alt-scene has jumped from coins like Coinye (privately premined and dumped), Panda (massively premined and dumped - worst case so far), and now EAC (seems they are constantly dealing with concerns the private premine has been dumped over the last couple of months and the anonymous devs refuse to release any information). The amount of private premines from now dead coins is too many to list at this point. Premines are hated now because all the scam coins have come and gone leaving a sour taste in everyone's mouth (while the legitimate ones that delivered what they actually wanted are still here suffering because these made the wrong choice in supporting private premines by anonymous players with shady backgrounds in an attempt to game the system and make easy money).

We know this has hurt the image of premines. What is frustrating for us is that while miners/supporters cry out for exactly what we delivered, they really just want to jump on the next bandwagon and get rich quick so ultimately they don't really care (excuse the cynicism). I personally feel it is unfair to be lumped in with scam coins when we have provided everything that was demanded.

Without the premine, we would not be supporting charities to do good and get exposure, we could not provide 10% discounts or fund the marketplace, and we would not be promoting on multiple channels as we simply would not have the funds to do so. It's easy for big miners with big rigs to point at us and say mine it yourself and support the coin, but to be frank with you guys we are not wealthy, we are not miners, my graphics card pulls 400khs. There are coins out there with 40x our cap now who can't put together enough to fund anything, can't develop infrastructure or merchants or a marketplace. If you dig deep and read the threads and their fundraising campaigns you will realise this. We have to stick to our initial plan of having a premine to bounty for and provide just that in a transparent manner. Things have changed since BTC and LTC, and miners and newcomers do not want to spend a dime or give in this environment or take risks that might interfere with 'profit'. They want everyone else to spend theirs and reap the rewards should the price rise.

Our initial plan was to spend about 10% of the premine a month to support a huge amount of development and handsomly reward anyone who wanted to build something also. To this day we've spent 10% of it month one and about 7% of it in month two - we will release the sheets/update the public ledger to show this. I don't know of many coins doing this - they are staying private or not building anything at all. I can tell you one thing I know for certain now (and hopefully the sheet shows this): coins that say 1% or 0.5% of premine (private) to be used for giveaways/promo etc. and people believe that because it's so small are getting fooled. If we did just 1% on release and actually dumped any of it (even slowly over a month) during the high weeks we would not have to work for two years and I could be on a beach right now.

We want to spend this, we want to build stuff: but the current state of exchanges taking in flavour of the week, bought coins and 'scam' coins and not even listing us for vote after being here for 2 months with a public ledger that is still legit and myself not remaining anonymous means we have no volume or buy support to reward anyone in BTC or otherwise without crashing the price and getting labelled a scam like PandaCoin. We are worlds apart and still trying to prove ourselves so that we get attention from a big player who doesn't want to abuse us for short-term profit like the rest. The development map is there, the rewards are there, and people will come as crypto grows and this game of deceit and anonymous scam artists comes to an end. Sooner or later this scene will cannibalise itself or start regulating/holding higher standards to save itself. When that day comes, either we all lose no matter what coin we support (cannibalise) or the coins that did things the right way will win.

Cynically I have come to realise (and we all know this), and I'll be real with you here: Noone cares about crypto anymore, this place is a herd of sheep being pushed around by rich p&dumpers and taken advantage of as they try and get rich quick. If they aren't sheep, they are smarter wolves and miners using popular and profitable coins to make cash. If they aren't sheep or wolves, they are rich whales laughing all the way to the bank as they lead pigs to slaughter. I don't really blame them, but we're not running away or budging because of it. We aren't budging from our initial 'noble' plan and intentions - we're going to continue to work on building something that works as both a currency and a commodity. There are some big people out there with big plans that I have become aware of - and our game plan is to survive, remain professional, transparent and accountable, and make it if cryptocurrency becomes mainstream with a basket of currencies. I'm not telling you what choice to make, but a lot of people who are still here are here for that same bet (whether it's wise or otherwise none of us know).

Part of me wants the price to drop to 1 satoshi so that we can provide the ultimate proof and continue building with the premine still in position, but we don't want to lose everyone who has stuck with us or let down those who spend real money on this as a vote of confidence. That all being said, over the weekend we will flesh out the premine, the plans, the strategy behind it and where/what we want to spend it on.

I have just put down 0.25 newly acquired BTC in buy orders on coinex, lets turn this price around!

Yeah, short-term, things still look to be a bit down. There is lots of buzz and news surrounding AUR and MZC that is basically gobbling up a lot of the attention of the alternative crypto-currency scene. Compound this with all of the buzz surrounding Bitcoin (stories about Satoshi, regulatory reaction in Japan concerning Mt. Gox and Bitcoins, and the death of the CEO of First Meta). It is unfortunately very difficult to grow a base with all of this activity.

In terms of exchange news, the issues with coinmarket.io continue to push a downward trend on NOBL so this has put a lot of the volume on coinex.pw. The way bots function on that site continuously puts downward pressure on the price (which is compounded by the slight downturn in the price of BTC).

Just as a point of consideration, I personally feel that one of the biggest issues ahead in the adoption of NOBL is having others get past the stigma of the "pre-mine." I think the current deal with AUR and its 50% premine (which actually accounts for 95% of all AUR currently in existence) will trickle over to many of the other pre-mined coins.

In regards to the reserves, there are two issues that I think the team will need to address regarding the pre-mine:
1) Currently, the pre-mine accounts for slightly over 1/3 of all NOBL in existence. That's usually not a comforting feeling for a lot of people in this scene despite how transparent the pre-mine funds are used. Assuming that the rate of use with the reserves in the next 3 months equals the current amount used, this proportion shrinks to around 17%, but even that can be a turn-off. I fundamentally think this will be a big hurdle for NOBL.
2) The public ledger is not easily readable. Sure it has everything, but compiling it into a table format I think will go a long way in explaining how the funds have been used. Also, including a current estimated timeframe for how and when more of the reserves will be used can also go a long way. A road map already exists for the coin, I think a reasonable next step would be mapping out (at least to a certain extent) a road map regarding the usage of the reserves.

With that said, the continuous proliferation of other competing alts is hurting much of the market, and because there is so much dilution, it ends up seeping to all of the various coins and detracting from a lot of possible value.

Excellent.

On a different note I bought my first Noble today with money that hasn't been mined

Absolute juvenile bullshit - suck it up sunshine. You decided to "waste your time".

You took a voluntary decision to gamble your time / electricity / rig rentals. Hoping for the devs to compensate for your loss is like going to a shitty movie after being wooed by the trailer and expecting a refund because the movie did not live up to your expectations. Sure there might exist some theater owner out there who might take it upon themselves as a business model to show only awesome movies etc. But that would be kinda dumb right?

Hey I know it's not much but can you use my entry prize towards helping the coin and the water project instead of sending it to me ?

exactly my point... you were able to exchange your NOBL for consumable goods, because someone was ready to take them from you in exchange for a product/service they owned... anything from paying a restaurant bill, offer coupons, a truckload of toilet paper, whatever. That is the only way a coin survives.... and NOBL will stand the test of time as long as more people offer to take the NOBL from you in exchange for something they can give you for consumption....

I was talking about the hundreds of other altcoins that cannot be used to purchase anything in the real world other than the BTC of the greater fool. That is when the coin dies. GPUC cannot die as long as there exists an online store accepting GPUC, and positive testimonials of receiving the products of course

Where are you buying Amazon giftcards from?

Pump and dump happens because the products at hand have no real value, and everything just rides on pure speculation. Fiat runs solely because people accept them for goods and services....

Anyways, anybody had a chance to test out the build I made, especially people with 270-290 cards?

I'm not witty...so I'll just be that guy.


so here...

Waiting for the third launch or is it the fourth or fifth? Yes, third launch coming this Sunday and if that fails, well read upwards.

I do not agree with this in principle if it means more premine for IPO investors... that said if the CEO wanted to kick in more of his 75mil then that's his prerogative, but I would not expect it or ask him to do that.  I know we are all greedy bastards at heart but this coin has to look attractive to the non IPO community if its going to have any real value.

Remember, just because you can buy GPU's for it, the GPU's must be bought from a vendor, and they probably only accept cash or at best Bitcoin... so the cost of any Graphics Card in GPU coins will be based on their BTC exchange rate.