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Author Topic: Buying 2.5 namecoins for BTC  (Read 975 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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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?
tomfluff
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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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