I think it's weird that the value is lower than.. for example corgicoin, where it is easy to mine a couple of k's.. where I mine noble at a lower rate, but the price is lower. I do believe that is because its in the "most profitable" list at the moment, so people are in a constant dump right now, but still like this coin by far,
It is not weird at all. There are 15 billion coins to be in existence and with a 5000 coin block reward with no block halving on this coin with a difficulty re-target everyblock. Meaning a Miner hashing with 14mh/s which is not much nowadays to have. This miner at current difficulty and market price is making around 0.25 BTC per day! I am amazed how the price is still this high. Because these miners are dumping hard like monkeys! I was dumb enough to buy this with my eyes set on the marketplace lure but the cold harsh truth is that with the current Noble coding it is going to be hard to not have these miners dumping all their coins. Why? Because it profitable to do so and they don't give a rats ass about the Marketplace, Waterproject or any other project that might come with Noble.
There are few people that support a coin because of noble causes. They want money. Pure and simple profit!!!
And to be honest if the ones that are in charge of this project leave the price at the mercy of pump and dumpers aswell as daytraders, I don´t see much future here with all these new coins coming out everyday! If you do not bring big players and investors to Noble, it is doomed to fail on the long run. It will fall to oblivion like those coins launched back in early 2013 when people will start to feel that the price is not going up no matter what projects the dev might come up with. And then people will sell, miners won't have profit, they stop mining, hashrate will fall and price will fall again and again...
I am sorry to write a negative post but I must alert the community and the DEV team for a wakeup call so I can protect my investment!
Hope you do something about it more than you already have done!
Cheers
Not sure how to interpret this post...
I notice a lot of people freaking out and overreacting to short-term market fluctuations. For someone that references all of the coins in 2013 (and FYI, the heavy influx wasn't until May, about a month after the success of the FTC pump), you know that there are a bunch that lasted (DGC, WDC, ARG, IFC, MEC, MNC, FRK, etc.) despite some initial turbulence.
I personally don't see an issue with the constant block reward other than the high rate of inflation during the first few months. And let's face it, this has only been around for less than two months. I think looking at the game plan, if the dev team sticks to their development roadmap, by the time we get to the middle of this year, there should be much more infrastructure to circulate and use NOBLE, and the rate of inflation of this coin will have dropped to around .5% on a daily basis (yes we can say this is "high", but let's face it, it's not as high in comparison to other coins). The primary concern I have is whether the coin and its community can weather these first few months and whether the development schedule will stick to target.