The pre-mine was 300,000,000 before and is now only 110,000,000 and all spent coins are accounted for. Even when price was 200+ satoshi with 250,000,000 coins in the pre-mine, Rofo did not dump for his own gains.
If there is one coin where the dev has shown to deserve some trust and respect, it is noblecoin and Rofo.
Thank you. In all honesty doing what I've done the last 6 months with NOBL has opened up a number of professional doors for me related to crypto. In the long run we'll be able to support NOBL better because of it. In the beginning we felt that doing it so transparently and professionally would pay off for the coin and we still do. I think big things that aren't short-term fun just take some time, patience and hard work. There's no point in me dumping the premine as 5 months of building this and the trust we've built would all be for nothing.
That being said, I repeat again anyone who wants to build something for us or has ideas we are happy to reward. Most giveaways (not that I imply you would do the same) are used to sell straight away for easy money, but we do hold them constantly on Twitter and our website. Our goal was always to use the premine 'properly' and longterm (like all coins claim to but never pan out). That meant a steady release that didn't inflate the supply, built trust, and were for things that added longterm value for the coin. They didn't have to be our ideas either, we've rewarded anyone who has stepped up and help us build NOBL. We need people who want to build the coin to a point where we don't need to sell it for BTC. That is a very hard position to attain in the short-term.
I think what every coin needs is longterm 'believers' who want to hold, want to use the coin between themselves, and don't worry about short-term price. Obviously I have vested interests here, but the more people who put just a little bit of money in and leave it without worrying and cashing out short-term the healthier a coin. Inflation will slow down, interest slowly builds up as we reach more and more people, and the daily supply will be reduced in a couple of months (although if the price doubles because of it we're in the same situation).
As for the larger holders, these are people who either 1) believe in NOBL long-term, 2) are guys who have been here from the beginning and bought from 250 to where we are now and keep working publicly and/or behind the scenes, or 3) smarter investors who very well one day may allow you to cash out (were you so inclined) in the future who are generally patient and can afford to not damage the value of their 'investment' with any large, sudden dumps.
I'd just like to point out again some value in taking things slow and steady regarding hard forks. If you've keep up to date with the market since I posted the other day the quote below, you'll know what I'm talking about. I hope they recover, but it's an unfortunate situation to find yourself in.
''I think there is a lot of value in anonymity, but a feature like this needs much more than a month or two to be tried and tested as well as vetted for weaknesses. This cannot happen while it is in beta, is closed source, or relies on a central actor acting as an intermediary for anonymity. People simply won't trust it in the long term.''
And yes, we're working on having all the 'major' items this scene wants for sale in NOBL. This includes the gift cards we've got, gold and silver we're getting licensing for as well as advice on Australian 'legalities' and crypto, as well as mining gear. We will be running the same promotion with these items too.
Cheers guys, I'm also disheartened by the price believe me. But every single coin goes through these stages, and we at least won't give up now.
