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

[a3tje]

^ Agreed. I am going to make this a goal of mine to get updates out more frequently. For the structure, we should probably try to get something a little more solidified out to the community to know who of the ambassadors are doing what and what they are working towards. I will also try to do get something together and get it out for everyone. And as I said before, if anyone wants to take on more of an active role, I personally love an addition to the team and additional insight. Different people always offer a new perspective on things, so the more the merrier in my eyes.

100% agree. Let the community know, what's the structure, so they know who is talking. Let them see, we are not a bunch of lost guys, doing just something. Show everyone reading here, that Noble Coin is a hard working  well structured community. Try to do it in a way that readers get excited. Community will grow, new members will come and contribute, merchants will be interested quicker to do business with us.

I agree we can definitely be more active in our announcement thread keeping our community up to date and we plan on doing so in the future.

Sometimes it may not look like we are doing a lot, but we are constantly discussing new ideas to continue building on NobleCoin's success. I am the Ambassador mainly responsible for Social Media and eSports promotions for anyone who hasn't had the chance to meet me. I've been around since NobleCoin's inception along with many of the other Ambassadors. I have a background in Business working as a corporate consultant for one of the biggest companies in the world. We are all very approachable guys so if anyone ever has any questions or concerns you can always send us a PM here on Bitcointalk or come join us on webchat.freenode.net in our #noblecoin channel.

First of all, ZBBB Congratsss with the baby and secondly an "apology" for my sort of destructive post earlier, I meant all the comments only for the best of the coin. By the way good to hear about the people involved with NobleCoin, even better to see you are all sticking around

The post from ontopicplease about to aproach the coinmarket as a company suits what I have been lacking. I think Rofo has been doing a more than great job but he simply cannot be master in finance, design, security, communication etc... So I hope the role of each ambassador will evolve into a specialism with Rofo having the overall view. Same as in each " large" company, the structure gives people the room / space to focus on their own specialism also it's an easier way to contact somebody.

Besides this, what is your opinion about the idea to freshen up the website? Make it more simply and marketing focussed and putting the "mining information" a bit more in the background? In my view most miners get the information from the www.cointweak.com site or other calculators that give the needed info in an overview.

ps I do not have a real skillset to help but am always available for a brainstorm session or better said discussion

[luckycoin1]

Adam increase your tip amount, I haven't had any issues with non redeemed amounts under 400

Adam increase your tip amont use random1000 or megaroll $ I havent had any issue of non redeemed tips yet... including my donation

Just wanted to give you guys some food for thought...

https://twitter.com/miKnutty/status/458750823929872384

@miKnutty " If 500 believers buy .5 BTC worth of @NobleCoin and hold longterm, we will work together to increase our value. "


https://twitter.com/NobleCoin/status/458755753273081856

@NobleCoin " We're always looking for longer-term supporters. We're here to answer tough questions, know us personally, get involved and be rewarded. RT "


If we can build a community who is willing to believe in long-term growth and prosperity we can go above and beyond where we've been in the past.

500 investors at .5 BTC with a price of 50 satoshi is 1 million per investor.
x 500 = 500,000,000 NOBL

That right there accounts for 50% of the total coin supply.

I'll be one of those 500. I already have been with about 8 BTC
Noblecoin is amazing... I'm not getting a lot of people wanting tips on reddit... We need more exposure.

[LethalStriker]

When will be halving?

[hyeoam]

Charts here: http://crypto-prices.com/NOBL

[ontopicplease]

Fantastic to see so many talented people working on NobleCoin. Hopefully all these ambassadors can convince all community members to help on every area needed.

[GambitBTC]

Fantastic to see so many talented people working on NobleCoin. Hopefully all these ambassadors can convince all community members to help on every area needed.

+1

[NorrisK]

I was the guy doing the newsletters for a while. Have to admit that it slipped due to the community contests I have been hosting and juggling with work and social life besides it. Will pick it up again soon! (same goes for the Dutch translations, will update the Dutch thread with newest OP soon as well)

What do you all think is a good format for the newsletter? up until now I made them into a jpg and posted that in a thread.

Downside is that the links are non clickable, upside is it can be used for social media and looks professional (in pdf).

I can also make it in thread form, toying with the forum code until it looks neat. Upside is you can click links, downside is you can't share it in social media.

In short: pdf/jpg or "forum code"?

[Rofo]

Expect some big changes to the website over the weekend.

I listen.

.. 'Steps' might somehow find itself in there too. 

[NorrisK]

Expect some big changes to the website over the weekend.

I listen.

.. 'Steps' might somehow find itself in there too. 

Can't wait!

[Rofo]

When almost 2 bn coins are mined, a reassessment will need to be done to assess the market forces and most important, supply and demand. Please don't use the would inflation as it doesn't apply here, assuming you know what inflation IS?

Sorry perhaps inflation wasn't the right word, I meant resolving an unnecessarily high continued increase in coin supply %-wise. However, cutting rewards too drastically too fast is more an unnatural attempt to control supply rather than letting a coin be spread naturally over time exactly like BTC and LTC have done (years). Edit: Well sorry that's incorrect. 'Tried to', I know how unbalanced all coins are, but at least it happened a little more natural over a longer period.

I don't think number of coins matters, you will still be holding a % of the total market cap whether it is 1 coin or 10,000, the larger amount would simply be worth less per coin. That is just my opinion though, that it is mostly psychological. What people are more concerned of is the daily BTC upkeep required to keep current price the same assuming no-one was buying or selling. What we constantly try to argue for is increasing long-term demand and usage of NOBL however rather than simply battling supply (the easier short-term solution). This proposed fork will solve that quite well, there will be less coins coming in and less selling pressure.

I think there are going to be some very nasty surprises with certain coins that have acted to restrict supply when people realise just how concentrated they are in the hands of a few whales, who now completely dominate the market and price. It is very easy to spread your wealth over many wallets. The second they feel their controlled coin has passed its prime they are out, and a lot of people are going to be very.. angry.

[NorrisK]

What are the downsides to merged mining?

At the moment I can only think of the fact that you can no longer really mine the "slave" coin, as it's hashrate is much lower than the "master" coin. (this could be solved by using a multipool, or exchanging your ltc to nobl)

The upside imo would be increased security and increased exposure in the ltc community, potentially bringing in tons of new people. (this will not work once there are 20 coins being merge mined, people might get tired.. (be one of the first?))

[Rofo]

You can mine either coin and ignore the other if you want, it's mostly up to the pool you choose as far as I'm aware. I'll be honest I might have gotten ahead of myself with merge-mining, I simply said it will always be seriously considered. I don't think it will play a large role for quite a while still and when it does it will be to resolve any real or perceived 51% or ASIC problem in the future. By that point the majority of miners will be demanding it. For that reason we had no intent to rush into it nor will we add it this July fork at this point. We might simply be thinking too far ahead since we are of the opinion merge-mining in the years to come will become standard.

This image sums up how we feel about merge-mining. It assumes a future where there are many 'top-tier' coins for each algorithm, and whether the winners are based on technical innovation, community and network adoption or money will generally depend on an individuals perspective. If it doesn't come about that's fine, we're not immediately switching, but we do think if/when the alternative scene evolves as a 'system' it would lean towards merge-mining. Note, there will always be outside mining operations also mining particular coins based on current preference or profitability, but there will also be plenty of miners mining the lot and enjoying payouts from all.

[NorrisK]

Latest contest has ended!

Congratulations k4mebit, you won the wallet design contest!

1st: k4mebit - 400,000 Noble



runner up: Tweek - 50,000 Noble


Congratulations MysticalPotato, you won the video contest!

1st: MysticalPotato - 400,000 Noble reward!
Watch video!

Please post your wallet in the voting thread to receive your prize!


I would like to thank the following people for donating noble to make this contest and the meme contest possible:

1Kb, james6546, Polobyxa, a3tje, Tweek, GBattaglia, hellscabane, Charloz24, TN5, ShakinHandz, Youmine.org, philsmock, luckycoin1, Grrizz, whylieaboutcake, Hueristic, NorrisK, and other anonymous donators!
I would also like to recognize Rofo and the NobleCoin team for doubling the raised amount

[ZBBBB]

Well done on all the designs, I am sincerely impressed!

[ZBBBB]

PROJECT QUESTION

Anyone good with PHP to create a paper wallet generator? If so please let me know, would like to get something going using these sweet designs. Projects@noblemovement.com

[The One]

When almost 2 bn coins are mined, a reassessment will need to be done to assess the market forces and most important, supply and demand. Please don't use the would inflation as it doesn't apply here, assuming you know what inflation IS?

Sorry perhaps inflation wasn't the right word, I meant resolving an unnecessarily high continued increase in coin supply %-wise. However, cutting rewards too drastically too fast is more an unnatural attempt to control supply rather than letting a coin be spread naturally over time exactly like BTC and LTC have done (years). Edit: Well sorry that's incorrect. 'Tried to', I know how unbalanced all coins are, but at least it happened a little more natural over a longer period.

I don't think number of coins matters, you will still be holding a % of the total market cap whether it is 1 coin or 10,000, the larger amount would simply be worth less per coin. That is just my opinion though, that it is mostly psychological. What people are more concerned of is the daily BTC upkeep required to keep current price the same assuming no-one was buying or selling. What we constantly try to argue for is increasing long-term demand and usage of NOBL however rather than simply battling supply (the easier short-term solution). This proposed fork will solve that quite well, there will be less coins coming in and less selling pressure.

I think there are going to be some very nasty surprises with certain coins that have acted to restrict supply when people realise just how concentrated they are in the hands of a few whales, who now completely dominate the market and price. It is very easy to spread your wealth over many wallets. The second they feel their controlled coin has passed its prime they are out, and a lot of people are going to be very.. angry.

unnatural attempt to control supply rather than letting a coin be spread naturally over time exactly like BTC and LTC have done

Controlling supply is an important aspect of all businesses and it's very very natural. Does a fish and chip shop closing at 10 pm on a quiet Monday night suddenly cook 10 fishes and 20 pies at 9 30 pm? Of course not, it will control the supply from 8 pm onwards according to the owner's estimated demand for the next 2 hours.

The problem lies with the amount of coins created, what 300?....400?....and not enough money or miners to sustain them all. Supply and demand for Noblecoin is not the only aspect you have to think of but the supply and demand of all coins.

I don't think number of coins matters That is just my opinion though, that it is mostly psychological.

It matters a lot. Production of coins must meet the demand, too much supply - the price will fall triggering fear of collapse and a bear market. (psychological)

nasty surprises with certain coins that have acted to restrict supply when people realise just how concentrated they are in the hands of a few whales, who now completely dominate the market and price

Nothing you can do about it, that's free market economy, so welcome to the free market. Leave socialist claptrap behind as it has no place in cryptocurrency. Restricting supply is part of free market in balancing supply and demand.

[Rofo]

It matters a lot. Production of coins must meet the demand, too much supply - the price will fall triggering fear of collapse and a bear market. (psychological)

We could be minting a billion coins a day, but if they are only worth 1BTC for a coin that has a market cap of 100,000BTC, that number means nothing. There is no excessive amount relative to the amount currently in circulation. Right now at 50 satoshi we are adding 3.5BTC worth of coins to supply a day. That is a considerably low daily coin maintenance compared to others.

Daily coin maintenance for others not aware: http://cryptosource.org/good-buys-and-coins-to-avoid-how-daily-coin-maintenance-costs-should-factor-into-your-investment-decisions/

Nothing you can do about it, that's free market economy, so welcome to the free market. Leave socialist claptrap behind as it has no place in cryptocurrency. Restricting supply is part of free market in balancing supply and demand.

There is a big difference between 'socialist claptrap' and the lack of rules allowing cryptocurrency to be manipulated by a few to completely rip-off the majority due to complete lack of accountability. Controlling supply in a cryptocurrency context would be a case of myself owning 75% of the coins, not giving two shits about anyone else in the scene, cutting minted coins to quarter over the space of a week (control supply), and manipulating price upwards so I could dump on everyone here, convert the BTC to fiat, and never look back.

There is free market, and then there is promoting that sort of shit - which we won't do.

[tk808]

Coins Source did a news coverage of My Noble act 4 days ago: http://www.coinssource.com/noblecoin-launches-noble-act-price-jumps/

We've also have done a full review and scoring of noble: www.coinssource.com/crypto-coins/noblecoin

The score it received makes it in the top 40% of all alternative coins, which is a big feat. Keep up the strong support, we will review your score this weekend.

[The One]

It matters a lot. Production of coins must meet the demand, too much supply - the price will fall triggering fear of collapse and a bear market. (psychological)

We could be minting a billion coins a day, but if they are only worth 1BTC for a coin that has a market cap of 100,000BTC, that number means nothing. There is no excessive amount relative to the amount currently in circulation. Right now at 50 satoshi we are adding 3.5BTC worth of coins to supply a day. That is a considerably low daily coin maintenance compared to others.

Daily coin maintenance for others not aware: http://cryptosource.org/good-buys-and-coins-to-avoid-how-daily-coin-maintenance-costs-should-factor-into-your-investment-decisions/

It may be low so long new money keeps coming in. You made my point perfectly as there are many other coins out there and all require daily coin maintenance. Is there enough money coming in to support all the coins? NO. Again it comes back to supply and demand. Reducing the supply per day now would assure long term survival. The noobs, idiots, sheeps, etc will go running from one coin to another and eventually they will all learn from their mistakes when they get burnt. Eventually they will either leave crypto or select a quality coin.

Nothing you can do about it, that's free market economy, so welcome to the free market. Leave socialist claptrap behind as it has no place in cryptocurrency. Restricting supply is part of free market in balancing supply and demand.

There is a big difference between 'socialist claptrap' and the lack of rules allowing cryptocurrency to be manipulated by a few to completely rip-off the majority due to complete lack of accountability. Controlling supply in a cryptocurrency context would be a case of myself owning 75% of the coins, not giving two shits about anyone else in the scene, cutting minted coins to quarter over the space of a week (control supply), and manipulating price upwards so I could dump on everyone here, convert the BTC to fiat, and never look back.

There is free market, and then there is promoting that sort of shit - which we won't do.

Rules??? what rules? All that matters is the development and survival of the coin long term. If the few what to manipulate the price (pump) and profit from it then there is nothing you can do about it. They only profit when others decide to jump in after the pump which is their own fault. One must always do their own homework before decide whether to buy coins. You can not babysit them. This is how the stockmarket works.

manipulating price upwards so I could dump on everyone here,

Sorry but you can not manipulate the price upwards by controlling the supply according to the demand. Price goes up when demand IS higher than the supply. Those who pump the price upwards by buying coins and shouting 'pump', 'buy' in the trollbox are the one doing the manipulating.

Prices are determined by the consumers, simple as that.

[Rofo]

manipulating price upwards so I could dump on everyone here,

Sorry but you can not manipulate the price upwards by controlling the supply according to the demand. Price goes up when demand IS higher than the supply. Those who pump the price upwards by buying coins and shouting 'pump', 'buy' in the trollbox are the one doing the manipulating.

Prices are determined by the consumers, simple as that.

You remove supply, you throw down big BTC buy walls and you've artificially shot up demand with hype and a phoney announcement or two. Cut out supply when you have the money to manipulate demand, as well as the majority of current supply in your own pocket and knowledge of any exit points, and you completely control the market. Cutting supply just makes it so much easier when you can dominate demand. If I had 100BTC on me right now I could put NOBL into the $2,000,000 market cap range in a few days all while announcing nothing but negative news.

That is not what NOBL wants to be. We laid down PoW, specifications and the mining period from day 1. We're not going to suddenly switch again because coins are being shot up through pump and dumps by people who don't give a rats ass about that coin or its future. We've just announced a reduction of total coins from 15 billion to 5 billion, as well as a more aggressive halving period. There are plenty of coins right now that have removed supply completely, there are plenty of options alongside NOBL if that is what you want.

On another note, personally if any system promotes manipulation, corruption and the complete lack of accountability I don't care if it's capitalistic or socialist, it's not worthy of praise. I don't care if it's central banking and fiat yesterday or cryptocurrency today. A free market without morals or accountability is still trash. We said we came here for cryptocurrency long-term. Just as there have been short-term breadwinners due to hyped specifications every month since we've released that are now completely ignored or proven wrong, we will not be following the latest get-rich-quick specifications and completely removing supply of NOBL this month either. I'm sorry.