Just like the dev I am also really curious which big bagholder is selling lately. I can imagine though why he is selling. The crypto landscape keeps on changing and changing. Every month we have a new feature. The new coins get bought/hyped and the older got dumped. Just as in any other upcoming business, improvements go quickly. Eventually every likes to invest in a coin that has a good chance to be a longterm survivor.
I think NobleCoin has to make a plan how to become a longterm survivor. what ingredients does a coin have to have to survive.
Not being very technical this is a difficult question for me.
let me try to make a list of needed ingredients to survive.
1. thrustworthy.
2. active dev.
3. active community.
4. active marketing.
5. all premium technical options.
Most interesting point imo is point 5.
Like Rofo explained recently it's every month a new hot feature. But to become a longtermwinner a coin has to implement the new features that are really important. Looking at the graphs of LTC, NMC, DOGE etc is shows us NOT 1 coin did already make it to longtermwinner ( also BTC didn't succeed to this level).
Now I am trying to go into the technical part of a coin and I good easily talk nonsense, please correct me.
Isn't it our best option to stay with 1 NobleCoin ( contrary to Rofo's last plan) that is updated everytime we see a new feature that is a must to implement.
Talking for myself, I think POS and anonymity ( did I spell that right?) are 2 important subjects. I think Rofo's last plan by making a POS-Noble, a blabla-Noble, eventually will lead to hopefully at least 1 Noble that is appreciated and all the others will be thrown away.
I think, Rofo has a very good longterm vision and a bright mind. He must be able to refrain from many Nobles and just make 1 TOP-Noble that is updated a lot. I can imagime this will lead to many hardforks, but I think there is no other solution.
There are several problems I can think of based on that statement. Like:
- Each wallet needs to get updated by every user/exchange/pool at each change. Anyone not having done that will be on the old chain and when sending coins, these are lost.
- As the flavor of the month is changing rapidly, we can never be the 1st. So timing and the continues effort required from the development team to keep up for each change is very hard to master. And will reflect back on my first problem
- And new developments are "unproven". So when people find out that there is a severe issue in the wallet, a fix is required ASAP. Meaning that the development team needs to work harder (keep in mind problem 2) and a possible devaluation of the currency. (good for day trading but nothing long term). And again, the wallet needs to be updated by everyone.
So that is from a technical perspective. From a commercial perspective, any change to a currency will require time to get known to a wide audience. Just consider that 99% of the people are not looking at a day to day basis what has changed or even exists. So only those which are fast and keep up will see the changes and update/adapt accordingly. The rest of the world will just learn the changes maybe 2 iterations further. So commercially, changing things fast will leave a very large audience scared or unaware.
Just imagine when Apple would release a new and improved telephone on a weekly basis. Anyone buying an Apple would just think differently on when to buy one. Also hyping a product in such a small time window is basically impossible for large audiences. So from a branding perspective, changes to the core product need to be taken very seriously or make the core product less of a requirement to the brand. NobleCoin is currently based on the core product NobleCoin and that means that changes to the product should be taken with care. Extending the product line would diverse the brand and make the core product less important but still prime.
So having written all that, I guess I can say that I favor the choices Rofo is making:)