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Author Topic: Buying 2.5 namecoins for BTC  (Read 908 times)
tomfluff
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June 10, 2011, 02:59:40 PM
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Am I correct in thinking I can register a .bit domain for 1yr for 1 namecoin?

If so how much do you want for 2.5 namecoins? ( already have .5 from slow ass Nvidia mining @ 5Mhash/s )
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin-Qt, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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soul4soul
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June 10, 2011, 03:34:45 PM
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Am I correct in thinking I can register a .bit domain for 1yr for 1 namecoin?

If so how much do you want for 2.5 namecoins? ( already have .5 from slow ass Nvidia mining @ 5Mhash/s )

i was wondering the exact same thing. how does it work?
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June 10, 2011, 03:36:33 PM
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Ah i'm wrong but i'm still not quite sure how it works.

I doubt namecoin will even take off but I wanted to jump on it early in case it did
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June 10, 2011, 04:21:35 PM
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I have 450 available, contact me

It is pitch black. You are likely to be eaten by a grue.

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zamgo
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June 10, 2011, 05:55:53 PM
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Ah i'm wrong but i'm still not quite sure how it works.

We are in the Namecoin goldrush period, so the cost of a domain goes down every few blocks.  The price as I write this (at block 10,000) is 22.24 Namecoins.   The cost will be 1 Namecoin at block 46,900.  The cost will be 0.01 Namecoin at block 96,431.  Then the goldrush is over, and the price for a name_firstupdate remains at 0.01 Namecoins.

See:  http://dot-bit.org/tools/domainCost.php
tomfluff
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June 10, 2011, 07:56:01 PM
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I have 450 available, contact me

How much for 3 domains worth? in BTC?
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