I don't understand why the price is that fucking low?
The price has dropped because: (1) Someone has been very determined to wage a 51 percent attack against the coin. They are spending a lot of money and a lot of time to hurt the NobleCommunity because they don't want anyone shining a light on the dirty altcoin scene. (2) Because of the 51 percent attacks, MintPal has seen the need to warn people who visit the NOBL trading page that it requires 999 confirmations to deposit NOBL. The combined effect is people being nervous and the price going down.
The price will rise because: (1) This is a living coin that is adapting to the challenges discussed above. The switch to POS will remove both of the previously mentioned problems. (2) This is the same living coin it was 5 months ago, with good people, a strong community, an honest dev, and a great vision to merge philanthropy, eCommerce, and Cryptocurrency. (3) The Noble Infrastructure is excellent. We are one of the few coins with such a robust marketplace for buying actual goods and services. More goods and services everyday. How would you like to buy Gold Bullion with crypto? Better hang on to your NOBL if you want to do that. (4) After the switch to POS, Rofo will have more time to focus on making the infrastructure and ecosystem around this coin even more amazing. (5) Noble is and always has been a coin built with a long term view of a future for crypto.
NobleCoin is not just waiting for that future it is creating it. Noble is the coin you can hold, spend, and believe in.
In light of all this, a wise person should view the current price as not so much a reason to be alarmed as an opportunity to be seized.
We are sorry but we disabled NOBL temporarily just because Mintpal's 999 confirmation is too long for a merchant to run its business and we are unsure about Poloniex even though we have traded there, couple of times. However, this decision is somewhat different than we had taken for CommunityCoin and Memorycoin, a while ago. (Next coins to be disabled: Mintcoin and Feathercoin)
We still believe in NOBL and hope to issue NOBL bars when the time is right, even with eagle logo stamped on it.
I read some news, you guys are also trying to issue some NOBLE gold coins/bullion but having problems with some regulations. Am I right? Well, we have no problem with regulations here.
We can freely issue them from our gold refinery in Istanbul. The bad thing is we, as Coaex don't have enough funds for it. For an 8-pack set of gold bars (from 0.5 to 100 gram), 18K USD is required. (3K for each base weight) The good thing is that we will refund a great portion (haven't decided the exact percentage but it should be around 75%) of this 18K to the donators (by a FIFO method) while the gold have been selling. Alternatively, if we can reach a sale amount of 30K monthly, we can slowly introduce these gold bars. So I'm offering you a project, feel free to comment or ask me questions.