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Author Topic: Namecoin  (Read 913 times)
ayayay (OP)
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November 21, 2013, 07:29:36 PM
 #1

Whats up with the spike?

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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LiteCoinGuy
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November 21, 2013, 07:33:10 PM
 #2

speculation.

Yurizhai
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November 21, 2013, 07:38:30 PM
 #3

NMC got a huge boost, but all coins are going crazy. It's the wild freaking west.
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November 21, 2013, 07:48:16 PM
 #4

not sure who really give a poo on nmc
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November 21, 2013, 07:57:11 PM
 #5

Fontas mentioned a pump due soon various alts have had a spike on this announcement TRC, NMC, NVC and XPM

https://twitter.com/fontase

go fontas

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November 21, 2013, 09:56:10 PM
 #6

I could be that Namecoin has 7 million coins in circulation and Bitcoin has 12 million so the price surge was probably overdue.  Namecoin can also be mined simultaneously with Bitcoin while using the same equipment and power.  I created a subbreddit called r/CryptoMarkets for discussing altcoin trading and cyrpto denominated securities.

BTC:  1KX3MSyeHoubjvRMvkc4DXBXvEx9fr9cvV                              Strength In Numbers
LTC:  LaGawfU1ZJu33Lj6CX6NJ5WXWsfjPbLLLW                          In Cryptography We Trust
NMC:  N5EUwGbCNF1AYmZqNu9J7aYJVKxqbJoJG8          Cut Off One Node, Two More Will Take Its Place
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