Bitcoin Forum

Economy => Currency exchange => Topic started by: btcmsg on September 25, 2011, 04:04:40 PM



Title: [Buying] BTC for namecoins. Very good price.
Post by: btcmsg on September 25, 2011, 04:04:40 PM
I would like to get 1.1 BTC for 50 NMC.
Last Price in https://exchange.bitparking.com is 0.02470000.
I ask for 0.022 which is more than 10% less.
These are self mined NMC (not yet used) with more than 500 confirmations.
Now with the merged mining support, there is a good chance for namecoin difficulty increase as well as price increase.
It may become a good investment :-)
please only buyers with good bitcointalk reputation (I will send the NMC first).


Title: Re: [Buying] BTC for namecoins. Very good price.
Post by: kokjo on September 25, 2011, 04:06:00 PM
Now with the merged mining support, there is a good chance for namecoin difficulty increase as well as price increase.
It may become a good investment :-)

WHY?


Title: Re: [Buying] BTC for namecoins. Very good price.
Post by: btcmsg on September 25, 2011, 04:11:51 PM
merged mining means that more mining pools join the effort to mine namecoins (simply because they can get extra revenues). This means difficulty increase which ends up with a better NMC/BTC ratio, as normally NMC/BTC price has a correlation with the difficulty ratio.


Title: Re: [Buying] BTC for namecoins. Very good price.
Post by: btcmsg on September 25, 2011, 08:09:52 PM
It is a good price, isn't it?