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Author Topic: Do you like Namecoin ?  (Read 748 times)
spartacus_ (OP)
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April 29, 2013, 10:35:39 AM
 #1

Do you like Namecoin ?
I find it great.
 Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley

COINVALIDATION IS SLAVERY NAMECOIN IS FREEDOM
BOYCOTT COINVALIDATION BUY NAMECOINS
digicoin
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April 29, 2013, 10:38:37 AM
 #2

No I don't. I like food  Grin
cadmium
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April 29, 2013, 12:16:15 PM
 #3

I don't know how it works, but from the usage point, it should be just another genesis block, that requires bitcoin payment in order to write on it. It shouldn't have it's own currency, or any mining related activities on it.

cointip bot https://bitcointalk.org/index.php?topic=201018.0 Tip forum members with BTC / LTC / PPC / FTC
spartacus_ (OP)
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April 29, 2013, 02:16:15 PM
 #4

You can also register alternative decentralized domains with it.
.bit is actually supported.

COINVALIDATION IS SLAVERY NAMECOIN IS FREEDOM
BOYCOTT COINVALIDATION BUY NAMECOINS
kevinmyers80
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April 29, 2013, 02:24:01 PM
 #5

I do not like because it reminds in no way a coin !
Pt0x
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April 29, 2013, 02:27:59 PM
 #6

Do you like Namecoin ?
I find it great.
 Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley

I dunno how it is mined right now but i like the fact that i can mine BTC+ Namecoins at the same time using SLushs pool.

BTC: 17sz6AoYVpwXjaStmnVCsGTufUhvrAMhTw
GorkaMorka
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April 29, 2013, 02:54:25 PM
 #7

i like it because I bought some at .007 and sold it at .009.
ionstorm
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April 29, 2013, 02:56:23 PM
 #8

I think the only viable currencies right now are bitcoin and maybe litecoin, ID stay away from the rest
spartacus_ (OP)
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April 29, 2013, 03:53:30 PM
 #9

I think the only viable currencies right now are bitcoin and maybe litecoin, ID stay away from the rest
Bitcoin is to pay or to transfer money, namecoin is to register decentralized domains(you can trade them also), the others are only to speculate at the moment because they have no real use. Litecoin has some acceptance as payment currency but very low compared with bitcoin.

COINVALIDATION IS SLAVERY NAMECOIN IS FREEDOM
BOYCOTT COINVALIDATION BUY NAMECOINS
Portnoy
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April 29, 2013, 04:22:43 PM
 #10

Namecoin is perhaps the only legitimate alt coin.
It has a use other than what Bitcoin is about, and actually complements Bitcoin.
Satoshi even talked about such a decentralized dns use for the blockchain.

It isn't just about being jealous of Bitcoin early adopters and creating a near-clone coin as some kind of get rich quick scheme, like litecoin
and so many others.

What happens when asics start coming out for ltc, for example, and a new group of people sees that they have missed that boat too...
will new clone-envy-scam-coins keep being created?   

There is a lot of nonsense being spread about ltc, trying to make it seem like a legit coin with actual uses and advantages over Bitcoin...
all nonsense, and I don't care enough about it to even get into a debate about it so don't bother trying to drag me into that.     

Just stick with Bitcoin if you believe in it as a global p2p payment network, and namecoin if you believe in it for decentralized domain name services.

If you are just into cryptocurrency looking to get rich, well speculate with all these new scam coins all you want but don't complain if you get burned.

This is just my opinion... consider it, or dismiss it all, as you choose. 
Quantum_Negatum
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April 29, 2013, 05:01:14 PM
 #11

Namecoin is perhaps the only legitimate alt coin.

What about PPC?  Not even a contender?
hingolurallh
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April 29, 2013, 05:01:27 PM
 #12

I agree, I think that any new coin should have some added value that is clearly different from Bitcoin. And namecoin seems to be the only one that has this (maybe also Ripple)
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April 29, 2013, 06:15:04 PM
 #13

I like them all Smiley
mybitcoinid
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April 29, 2013, 06:24:44 PM
 #14

no
mybitcoinid
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April 29, 2013, 06:34:22 PM
 #15

no
wuwenjie
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April 29, 2013, 06:56:22 PM
 #16

not particularly, offers no advantage.
Minerthreat
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April 29, 2013, 07:16:46 PM
 #17

I like Namecoin and other financially pointless alts for the purpose of developing other uses for bitcoin.  There could be a million applications beyond currency and the fact that some computer power has gone into namecoin and like, devcoin, means that they could be used to set up and experiment with.  For that matter, if someone wanted to use crypto-currency as for instance part of a game or other online service,it is not unreasonable that they could adopt one of these rather than starting their own.  But as money.  I like bitcoin only.
RogueLeader
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April 29, 2013, 07:19:41 PM
 #18

Nice insights, Portnoy and Minerthreat.

Ultimately the viability of each currency will be decided by its utility as determined by... all of us!

It's an exciting thing to be a part of.
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