why we don´t talk seriosly about block halving or more than that ?
who should buy thats coins that are daily mined ??
ALL actual buy orders @ bittrex are have volume of 0,16 btc, that is a shit ...
and please don´t say .. buy now ist cheap bla bla bla
i got nearly 1 % of all mined coins (without premine for Distribution) and i don´t wanna be your financial bagholder who buy all coins from miners and make them rich or pay their bills.
i like this coin really, but on this volume of coins there is no future .. should i buy a Sandwich from subway with 150.000 coins or what is the plan ?
make a value for this coin and do not any more coins on market that nobody wanna buy actual.
NLG is following the same route as Noblecoin, where getting merchants is more important then what the current trading volume and value is, the reason Noble is going for merchants is because at the end of the day this is what's going to give it longterm value.
So lets look at current Noble pricing and supply.
There will be a total supply of 15 billion NOBL coins, current block reward is 5000 coins every minute, so they are releasing 12500 coins in the same time NLG does 1000. Current price is 36 on Mintpal and total supply is 1,135,620,000 , which is almost the total supply NLG will have. So if you want to work on a fair value based off Noblecoin, NLG can settle at around 350-450.
The big difference between NLG and Noble is that NLG is a lot more capable of getting merchants on the ground, meaning not just online merchants, Subways is both ground and online where noble only has online merchants which 90% are tiny. 1 Subway branch is worth about 20 of those online Merchants imo. Just from a exposure and prestige POV. The other deal is they have 11 charities that you can donate too.
I have both NLG and Noble besides BTC because I believe in what both coins are trying to do, both are trying to make a difference and I think NLG can be one of the greats especially if btc prices itself go back over 1000 it will bring a lot more attention to non PnD scammy alts.