also, i'm not sure how ....
but we really need a way to establish valuation without being tied to BTC
any ideas?
Unfortunately, I can only think of two ways to establish valuation: tied to fiat (but you need an exchange that goes from NOBLE -> Fiat, and therein lies the problem. Only a few places are financially approved to trade crypto to fiat and back and they either deal in BTC or XRP...), or tied to another crypto (in this case we use BTC since it has the most infrastructure and the largest market).
well its not necessarily true in the sense that there are other option to handle Fiat payments.. We cant go the credit card route just yet..
But plenty of options are in place. Edit* Though we would have to look at other certain legal aspects.
I do think cdg has an interesting point. How would we institute a value to NOBL which is not tied to BTC? Hype aside.. we cant arbitrarily decide that "Noble is worth $1 a coin". nice as it would be if that was true we have many steps to cover before we get there.
The way i see it we are at the the door. As time passes we will end up seeing more and more services. Services create demand. Don't forget the value of an item is decided by what another is willing to pay for it.
Here's an idea to establish value... court certain new exchanges for ?/Noble pairing. Why because that improves circulation and will slowly allow Noble to stand out and on its own as stable base currency. Marketplace could form a sort of pseudo-escrow service allowing ppl to buy and sell coins for Noble. Kind of like Coin-swap.net. While i can appreciate the idea of allowing multiple currencies at the marketplace we should bear in mind our first focus is in furthering the Noble Movement.
Though our best bet would be cryptorush.in. We should likely avoid it for now as they have way to many balls and its going to collapse at the rate its going. Best BTC,LTC and doge pairing. they have already instituted POT,BEER and DGC as new base currencies. and while i can somewhat understand DGC. Pot and beer baffle me.
If the devs started selling amazon cards for a flat X noble instead of having the amount of noble depend on btc and current exchange rate, the value of the coin would follow. IDK how long they could keep it up, but if it draws enough attention and expands our overall community to reflect the new rate, it could hypothetically draw a line in the sand and say noble is worth X amount.