Topic: NobleCoin[NOBL] - 8% PoS | 1Yr+ | MARKETPLACE | PAY | GIFT | CHARITIES/MERCHANTS - page 283. (Read 1053168 times)

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DOes somebody know why this faucet is already dry for a long time.
http://noblecoinfaucet.tk/noblecoinfaucet/index.php/

A couple of days ago, there were some big sells, around 30,000,000 Nobles or so. The Noble rice went down from around 50 sat to 17 sats, to rise quickly again to 40 sat. As far as I can see the seller was only 1 person. The last month after the initial rise from 15 sat to 100 sat, we fall back to the range 40-65. In this area there have been a lot of ( new) buyers, I think. It could be possible these same buyers lost their patience and  sold last 2 days. This is just my guess.

Yesterday, I was thinking about getting bigger companies accepting bitcoins on board. I only know 2 guys personally, running a multi-million business. One is a big gold/silver business and the other one is a site where you can book hotelrooms. Actually, I love to talk to these guys regarding accepting NobleCoins, but these businesses are so big and aren't even accepting bitcoin. So, as far I can see, these companies are at the moment just too big, it's too early to start a talk to them.
But, I still think, everyone supporting NobleCoin should look in his/her own neighbourhood to find retailers getting NobleCoin accepted.
Rofo has an excellent long term vision.
95% ( probably more) of all existing coins will disappear, only a couple will survive. The survivers will be the most reliable ones, so for me NoibleCoin is the number 1. As long as we keep adding merchants accepting NobleCoin, this altcoin will keep growing. So the fact that I feel uneasy to appproach really big companies to accept NobleCoin is just because we are still to small at the moment (regarding markketcap).  It feels very comfortable when you want to sell a retailer a product when you are sure the product is very good, so on this part I have zero problems contacting merchants.
For myself, I made the decision to approach the gold/silver-dealer whenever NobleCoin passes 100 sat again.
My other friend with the hotel-site business, also likes to invest. When NobleCoin passes 100 sat again, I am going to talk to him that he has a nice business opportunity, first buying Nobles and then accepting them in the business. Imagine, I am talking about a site like bookings.com but then on a national platform. Thousands and thousands of people are booking hotelrooms everyday and all these people will see NobleCoin as a payment option. A merchant like this is of so much value for us and I would like to ask everyone to look for merchants like these.

i could be wrong, probably am, but what it kinda looks like to me is.... the incremental jumps in hash rate, for whatever reason ( asic companies testing equipment, multipools, or whatever), it would stand to reason that the individuals involved in the huge hash rates are probably not in it for the long haul. that is to say, that with those high hash rates comes an influx of crypto currency, and it would stand to reason that ( since it would appear that they are not long term investors) it would behoove them to unload any excess or incurred gains in the interest of generating a return. also.... if the person/s involved are forward thinking enough... they could use their hardware advantages to generate a huge amount of Noble and then sell it at a loss, since they are not longterm investors they lose nothing, which will still generate a fair amount of BTC for use to then purchase more Noble when it drops to a certain level... for example... there was someone on coinex a while back that openly talked in the troll box about dumping all of his acquired Noble every so often, he did this to drive the price down to a level that he was comfortable with in order to buy in at much greater quantity. and i hate to say it... but he succeeded.

we have seen this before, and to be honest i even started mining other coins for a few days to generate some buy support to try to offset some of this, but alas my paltry sums were not adequate to do much of anything, other than teach me that i would have earned more if i had just kept mining Noble.

but as far as your question about anything wrong with Noble.... yes there is... we are not the reserve currency yet  

as a community and a burgeoning economic entity we ( mainly Rofo) are lightyears ahead of the vast majority of other crypto currencies out there. check out the marketplace if you have some time or visit https://altoutlet.com/nobl and help to get this currency into circulation for everyday use.

BTC is rising, many sell alts to bank on the rise.

Any serious problem for NOBL coin ?
I cannot understand why the price comming down......now 31 on mintpal, 29 polo......

I think on mintpal, things go like this; the executing price is the price that is chosen by the person who is the last to act. When there are sell orders at 29 30 and 31 sat and I fill in that I want to buy at 31, then the first coins that I buy are at 31and not at 29 ( which would be the normal procedure). But I am not 100% sure.

This type of stuff has been reported before on multiple sites, including cryptsy. Not sure why it happens and how often though.

Public ledger: #1 & #4 both updated to new wallets, showing the 110mil they should have, overview updated, figures/projects inc.

voted for NOBL......................

i haven't tried to sell anything, but, if it did happen , something fishy is afoot.

but seriously, if anyone has had a similar experience that would be something that would concern the entire community.

Emma in IRC just mentioned she had a buy sitting at 30 that didn't get filled on the ride down to 17. Anyone else have a similar experience?

I paid 2200USD for 11,000 khashes of Gridseed equipment running for $1 per day @ 200watts, mining $30 of coins. I also have 5 x R9 280X GPUs running at 3700 khash using 1430watts and mining at around $4 LOSS per day.
The main reason I still run the GPUs is because I have a 2.6Kw PV solar system powering them. Without my solar system it would be stupid to continue GPU mining. If everyone stopped mining, the coins won't exist and the network collapses.
So to say "ASICs only benefit the ASIC seller, the hardware makers in China" is wrong. Once all the greedy GPU miners stop because they aren't getting rich, who is left to support the network? Only dedicated miners like me that embrace progress and realise you don't mine to get rich now. You mine and HOLD to get rich in years to come like with BTC.

There really isn't much of a point to argue, when we are seeing history repeating. BTC went through the exact same process and it's easily the biggest and strongest network thanks to efficient asics. GPUs just help to consume the earths resources turning electrons into heat.

New algorithms will constantly be developed to try and be one step ahead of asics (which is good for the development of cryptocurrencies), but the fact is they are just delaying the inevitable and slowing the integration of cryptocurrencies into the real world.

"how long will it take to pay for that $4000 miner?" - If I mine LTC and hold them for 5 years, chances are it took 2 days to pay off my mining hardware!

I thought there were people looking into an android wallet? If not I'm not an android developer, but I am a java developer

Yeah I think it's the best option.

I would say ANYTHING FOR ANDROID. It don't have to be a full working wallet (I think it will be more expensive?).
But to hire a android developer to write a simple android app exclusively for NobleCoin.
Maybe just simple app for scanning the QR codes and cooperation with online wallet?

We need to be closer to the normal daily life!

I'm looking into Android myself, but don't even know java

Sit on the donations for a while to get a large "reward" for more public viewing of noble

Such good people you are!

WOHOOO! Already 200k+ Nobles, which is more less 100 PLN!

(at today's nobl/btc/pln ratio: http://kryptokursy.pl/nobl)

With this, we have already passed the 77 PLN donation threshold!



Which entitles us, the Noble Community, to receive the personal kudos listed above.
Google Translated version of the Fundraising Project page:
http://bit.ly/1njPayN

Next threshold 155 PLN!

(In the meantime I'm struggling with the 6th progress bar and another updates on simplynoble.net)


Do you think we should set some Final Goal for the NobleCoin donations during the given period?  The Main project is already at 5500 PLN of 20k, but it took them only 5 days (of 40).
After 155 PLN threshold they have 222 PLN (70 USD), 333 (108 USD) and 555 PLN (180 USD).

Do you think any of them is realistic, considering that we have maybe 2-3 weeks left?
Or maybe the you prefer that I send them the amount already collected NOW (to avoid sitting on the relatively big balance myself, if you don't trust me?)

But this way we will never achieve the FAT donor status, only the series of smaller donations.
Thoughts?

GPU miners are selling just as hard as asic miners. Miners are for network security and distribution (through selling) of coins. In general (there are always exceptions), miners are not "holders" of value. GPU miners are against asics because they can make less money by selling their now fewer coins.

EDIT: as reference: I do not own, nor plan to own an asic and I stopped GPU mining.

While I agree Noble is a great coin I'm not sure about the future of any scrypt coin when it comes to ASICs. ASICs only benefit the ASIC seller, the hardware makers in China. They presell and wont ship until its absolutely not profitable. Before that they just use it themselves to mine with it, using the hardware you PRE-PAID for. This is a known fact. Thats why all ASICs are "always LATE for shipping and months behind" because they are using the hardware and waiting for difficulty to skyrocket before they ship them to the poor buyer. Gridseed seems to be the only exception ATM.The buyer spends $4000 on a piece of hardware that just makes it harder for him and anyone else to mine. Exactly what happened to BTC. Buying a $4000 BTC miner makes you $12/day at current prices, that's BS. With the best scrypt price (LTC) at around 2% of the price of BTC how long will it take to pay for that $4000 miner? ASICs do kill mining.

GPU mining is never antiquated because its Windows based and possibilities are limitless. There will be constant new algorithms and ways to make new coins. JMHO