Last 36 hours I have been away from my pc and I just read about Rofo's announcement and as far as I can see it's a step forward. To be honest I was a bit hoping for a change to pos. But I am not a technical guy and very well changing to pos might be a bad idea.
The reason for my post is the fact that I read some days ago some posts where communitymembers were asking the dev to change the premine into btc. On this issue, I have an very clear view.
First thing that comes up is of course; when someone is changing noble coins for btc, he is actually saying; I see a better future for btc compared to noble ( otherwise he would have kept the nobles).
From the beginning, I have been supporting noble coin. Reading the bitcointalk forum, I liked the coin, had faith in the dev and still think he does a great job.When noble got listed at coinmarket, I was the guy (noob) that pumped noble from 240 to 320 sat. Then started the big decline to something like 12 sat and I kept accumulating nobles all the time.
I told 8 different people about noble and made them all buy noble coins. I bought gold with noble at coaex and emailed a lot of merchants, asking them if they were willing to sell me their stuff for noble coins. I did these things because I believe in Rofo, I don't invest in noble, I invest people, in this case the dev. Getting noble coin widely known and accepted is important.
Try to imagine how I would feel in the following situation. Recently when noble was listed at mintpal we were trading over a 100 sat. Then we started to go down to 60 and I decided this is enough, I am going to support the coin. I put a 7 btc buywall at poloniex at 58, we went up, I changed to 65, then to 70 and finally to 80. In the meanwhile, I started buying at mintpal as well. We went up to almost a 100 sat, just because I started buying and other people followed. I liked the result, the price went up and we got new people having noble coins. Finally my buywall got broken. Allthough I had already a lot noble coins, I spend another 12 btc, buying nobles at 80 sat. How would I feel when those coins were sold by the dev of the coin, actually saying buy that shit, btc is a lot better.
How can you ever convince new investors to buy noble coins when a dev himself is selling nobles for btc?
At the moment I have a lot of nobles, too much to sell at a 100 btc volume a day. It's not that I am willing to sell ( I like the way Rofo is doing his job), but it would be more healthier for the coin when I could spread them a bit. For myself I am planning to sell small amounts whenever noble goes up again above 120 sat or so. I will never sell coins in such an amount that I push the price down ( it's not good for noble and not good for myself). Many coinholders fear big wallets, when they dump, they destroy the price. I can assure you, I will never do that. My wallet is too big to do such a thing. When I sell a small part we are already at 30 sat or so and neither noble nor I would benefit from such an action.
I didn't read any comments from Rofo regarding changing nobles for btc, except the fact that he said that it would have been profitable when he would have done it in the beginning. Of course, we can't deny.
I just hope, that all of us can help, spread the noble coins and get more and more businesses being noble accepted. Now there are just over a 10,000 wallets. Lets all try to tell some friends about noble, lets all try to find new merchants accepting noble, so we will see a nice growth in existing noble wallets.
I agree, the minute we stop believing in NOBL as a distinguished form of crypto currency the battle is lost. Coming from someone that also has a large stake in NobleCoin, I wanted to thank you for the continued support ontopicplease. If you ever feel the need to discuss things with us don't hesitate to come chat at #noblecoin on webchat.freenode.net
Thanks for the invitation. Of course I like to help. Never was on freenode, will figure out how it works. I will contact you there tonight or tommorow ( actually have a lot of appointments today and tommorow). When our (long term) views connect a bit. I can spend time on Noble the coming months. Actually I am writing down some ideas right now, but have to go soon.
No worries, its as simple as typing in that address I linked, picking a nickname and under channel, type #noblecoin then connect! Look forward to hearing some of those ideas in the future.