NobleCoin[NOBL] - 8% PoS | 1Yr+ | MARKETPLACE | PAY | GIFT | CHARITIES/MERCHANTS

[mastercheem]

nooooooooooooo!!! Don't crash Noble!!!! 

[halinyo]

nooooooooooooo!!! Don't crash Noble!!!! 

Nothing is crashing. Just be patient. I really appreciate the effort the devs and community did until today. Thank you and please keep up the good work.

[Rofo]

I think we have to continue with projects like the water project etc. Just do noble things with this coin, then eventually the price will rise. It may take months of er even a year, but I dont think we have to give up.

We definitely want to continue with these and our Movement, however until we give users a reason to buy/invest/speculate on the future price of the coin and help it rise again in value we simply can't fund noble endeavours without crashing the price to 1 satoshi.

[ZBBBB]

I think we have to continue with projects like the water project etc. Just do noble things with this coin, then eventually the price will rise. It may take months of er even a year, but I dont think we have to give up.

We definitely want to continue with these and our Movement, however until we give users a reason to buy/invest/speculate on the future price of the coin and help it rise again in value we simply can't fund noble endeavours without crashing the price to 1 satoshi.

Valid point sir. If we continue to fund projects at this point we are essentially giving charity an EXTREMELY UNDER VALUED piece of the reserves as opposed to waiting out this shitty market for the true value and really giving people what the coin is worth. I think we just need to keep on working on promotion (which Rofo has been doing a great job of) and keep moving forward. Things will get better.

[Tweek]

Such a shame to hear that coinpayments will end their business. Just when I had set up the first purchases available on https://cointweak.com/API (Noble should give a 10% discount).

Edit: OK I will tentatively release our next 'Ace' card (although to be honest we thought the Water Project, the Marketplace and now eSports promotion were all winners but ended up making zero difference in this ridiculous market). We already have a widget that will take payments for Marketplace purchases if it comes to that. The exchange rate we will be accepting will always be higher than the current exchange rate average - and it will be by more than 10% to outdo the current Marketplace deal.

I'll be following this news very closely and am more then happy to follow the example of the higher value for Noble coin.



EDIT: I found another interesting candidate for coinpayment replacement: https://www.litepaid.com/

[voephilis]

the trading volume on CoinEx is realy huge! 13m Nobles volume!
is it possible, that someone trys to p&d our noble? (with two btc you can double the price...)

[jdebunt]

http://www.cryptoarticles.com/crypto-news/2014/3/8/noblecoin-the-best-bang-for-your-buck-big-plans-revealed

Hope this will help a bit guys, you really deserve some love

[miKnutty]

http://www.cryptoarticles.com/crypto-news/2014/3/8/noblecoin-the-best-bang-for-your-buck-big-plans-revealed

Hope this will help a bit guys, you really deserve some love

great article jdebunt! tweeted @miKnutty

[wdmxssm]

http://www.cryptoarticles.com/crypto-news/2014/3/8/noblecoin-the-best-bang-for-your-buck-big-plans-revealed

Hope this will help a bit guys, you really deserve some love

great article jdebunt! tweeted @miKnutty

Yes, it's really good

[snorbaard]

I bought something on marketplace but never got it, scam?? Sorry I didn't mean it literally, will wait it out keep up the good work devs

[Hueristic]

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

As was stated earlier. They must shift funds and it takes longer over a weekend.

I've gotten hundreds in Amazon and will get hundreds more.

You shouldn't throw the "Scam" tag around it will just get you disliked and ignored.

[GBattaglia]

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 people made the wrong choice in supporting private premines/anonymous players/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. The volume excuse is a poor one, we're in the 1000's of BTC total volume now because we have been here months, not weeks.

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.

Ultimately crypto-currency is about the money, not the principal.  When you are taking loans and such to establish mining farms and equipment, it becomes much harder to mine on principals.  I commend NobleCoin and its efforts, but I do ultimately have lenders I have to repay.  Currency like Credits coming out bashing Premines are making premine currencies appear even more like a scam than anything else, even if that isn't the case.  I do hope you don't allow the "majority" keep you from pursuing your goals with NobleCoin.  

[snorbaard]

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

As was stated earlier. They must shift funds and it takes longer over a weekend.

I've gotten hundreds in Amazon and will get hundreds more.

You shouldn't throw the "Scam" tag around it will just get you disliked and ignored.

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.

[Hueristic]

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

As was stated earlier. They must shift funds and it takes longer over a weekend.

I've gotten hundreds in Amazon and will get hundreds more.

You shouldn't throw the "Scam" tag around it will just get you disliked and ignored.

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.

NP.

[TN5]

https://www.mintpal.com/voting

[naaktslak]

https://www.mintpal.com/voting

voted

[Rofo]

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.

Hi Snorbaard no you're right to call us out. I apologise for not reaching you earlier. Often we are hit with a large influx of orders and if we have delays due to BTC/Bank transfers holding up funds (we run a tight ship so not to flood exchanges with). At this point I email the orders and offer them either the NOBL in refund at any time if they wish to hold/sell or the price fluctuates too strongly or I give a 10% increase to the order to make up for the inconvenience/delay. I will email you shortly.

[philsmock]

Digibyte has had a pump of 100+ satoshi last week.
Now USDe..

Next NOBL 200+ satoshi  

I prefer hitting 200 satoshis in a year or more but in a stable way instead of reaching that mark in a pump tomorrow to dump in the next day.

[Rofo]

Ultimately crypto-currency is about the money, not the principal.  When you are taking loans and such to establish mining farms and equipment, it becomes much harder to mine on principals.  I commend NobleCoin and its efforts, but I do ultimately have lenders I have to repay.  Currency like Credits coming out bashing Premines are making premine currencies appear even more like a scam than anything else, even if that isn't the case.  I do hope you don't allow the "majority" keep you from pursuing your goals with NobleCoin.  

Sorry GB I do not mean to seem to be attacking miners as I know they have bills to pay. My frustration is generally aimed at speculators/investors (I use the term lightly as there are not many in this environment) and those who play the markets short-medium term. Noble gets bashed by plenty of alt coins because our premine is a threat: because its public and transparent and because it's used for competitive edges against them (real promotion, real deals and real infrastructure).

Edit: Our critics also often fail to mention our premine has been transparent/constantly proven itself for two months, my details are publicly registered, I can be personally reached by people like Peter from The Water Project and interested parties on LinkedIn. I'm not an anonymous figure with a private premine that could easily get away with scamming the community for tens of thousands of dollars (in the first month potentially 100 thousand+).

We changed the game and have been bashed by other coins from day 1 because of it.

[GBattaglia]

Ultimately crypto-currency is about the money, not the principal.  When you are taking loans and such to establish mining farms and equipment, it becomes much harder to mine on principals.  I commend NobleCoin and its efforts, but I do ultimately have lenders I have to repay.  Currency like Credits coming out bashing Premines are making premine currencies appear even more like a scam than anything else, even if that isn't the case.  I do hope you don't allow the "majority" keep you from pursuing your goals with NobleCoin.  

Sorry GB I do not mean to seem to be attacking miners as I know they have bills to pay. My frustration is generally aimed at speculators/investors (I use the term lightly as there are not many in this environment) and those who play the markets short-medium term. Noble gets bashed by plenty of alt coins because our premine is a threat: because its public and transparent and because it's used for competitive edges against them (real promotion, real deals and real infrastructure).

Edit: Our critics also often fail to mention our premine has been transparent/constantly proven itself for two months, my details are publicly registered, I can be personally reached by people like Peter from The Water Project and interested parties on LinkedIn. I'm not an anonymous figure with a private premine that could easily get away with scamming the community for tens of thousands of dollars (in the first month potentially 100 thousand+).

We changed the game and have been bashed by other coins from day 1 because of it.

No need to apologize, I didn't take it as an "attack" personally.  I was just explaining my position in regards to what is going on as of late.  Much of the time my mining rigs are leased out on Betarigs, and this is again because it makes the most sense for me financially at this point in time. 

One thing I have wanted to see out of Crypto-currency is that the currency portion of it becomes emphasized, that is the crypto is used in transactions and not so much speculation.  While the Marketplace is a step in the right direction, what are your opinions on a user-to-user marketplace?  I am not asking this to be developed by the NobleCoin development team, but I am interested in the possibility of getting such a service and site established.