Remaining BTC Portion Destroyed321,428 of 500,000 NOXT were sold from the BTC portion. I've destroyed the remaining 178,571 (17.8%) by sending them to the genesis account - NXT-MRCC-2YLS-8M54-3CMAJ (can be viewed and confirmed in Asset Distribution).
NOBL Burning Process1. Send me a PM with the amount of NOBL you are burning right now and the address you are sending them from (
before sending any).
2. In the PM include your NXT Account ID (Address, for example mine is NXT-LSM7-9TLV-TZPB-FLB5T). This could be a NOXT deposit address you have generated on Poloniex if you choose. This is where I will send the NOXT.
3. Send your NOBL to this address to burn (destroy/make unspendable):
9T6fgHG3unjQB6vpWozhBdiXDbQp3P7F8M (
read why here).
4. Once I confirm the NOBL has been sent to the address I will send 10 NOXT to your address as a test and PM you to confirm you received it OK.
5. Once confirmed by you I will send remainder of NOXT to your address.
6. I will be doing it in daily batches and applying checkpoints/force updates to the NOBL wallet if necessary, so no funny business.
Only if you've PM'd me so far can I now confirm a burning spot. We've reached the cap of removing 700 million NOBL from circulation.
Example of exchange rate:
If you have 3,500,000 NOBL, that would equal 0.63 BTC worth (3,500,000 x 0.00000018), which would net you 1500 NOXT (0.63 / 0.00042 (NOXT crowd fund price).
Most people bought well above this exchange rate, so I don't think there are going to be many quick flips for profit all things considering. Personally I don't think it's worth it, but giving a heads up regardless.
If I've missed anything important point it out to me.