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Namecoins at a deep discount
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Topic: Namecoins at a deep discount (Read 1135 times)
casascius
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Mike Caldwell
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The Casascius 1oz 10BTC Silver Round (w/ Gold B)
Namecoins at a deep discount
August 07, 2011, 03:41:06 AM
#1
Namecoins...now super cheap when priced in USD!
Companies claiming they got hacked and lost your coins sounds like fraud so perfect it could be called fashionable. I never believe them. If I ever experience the misfortune of a real intrusion, I declare I have been honest about the way I have managed the keys in Casascius Coins. I maintain no ability to recover or reproduce the keys, not even under limitless duress or total intrusion. Remember that trusting strangers with your coins without any recourse is, as a matter of principle, not a best practice. Don't keep coins online. Use paper or hardware wallets instead.
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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Re: Namecoins at a deep discount
August 07, 2011, 03:43:56 AM
#2
casascius, do you really want to have the same pump and dump again, just this time with Namecoins, because you bought loads of them cheap? I’m a bit disappointed, but I guess you want a second ferrari.
Namecoin is no different than Bitcoin, monetarily speaking, except that it’s more likely to be a bit more evenly distributed initially. In the long term, no changes though.
markm
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Re: Namecoins at a deep discount
August 07, 2011, 03:46:28 AM
#3
How much in groupcoin? In devcoin? In bitnickels? Etc...
-MarkM-
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Re: Namecoins at a deep discount
August 07, 2011, 03:48:21 AM
#4
Quote from: Blitzboom on August 07, 2011, 03:43:56 AM
casascius, do you really want to have the same pump and dump again, just this time with Namecoins, because you bought loads of them cheap? I’m a bit disappointed, but I guess you want a second ferrari.
Namecoin is no different than Bitcoin, monetarily speaking, except that it’s more likely to be a bit more evenly distributed initially. In the long term, no changes though.
The argument of equal distribution is out the window. Are you guys not seeing these prices?
Bazil
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Re: Namecoins at a deep discount
August 07, 2011, 04:34:52 AM
#5
Not enough liquidity, you can't buy at those prices. Everyone is still asking at almost twice the bidding price.
17Bo9a6YpXN2SbwY8mXLCD43Wup9ZE4rwm
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Re: Namecoins at a deep discount
August 07, 2011, 04:37:00 AM
#6
Quote from: Bazil on August 07, 2011, 04:34:52 AM
Not enough liquidity, you can't buy at those prices. Everyone is still asking at almost twice the bidding price.
Have you ever thought that we are being low-balled by industry pros? I do...
BillX
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Re: Namecoins at a deep discount
August 07, 2011, 04:49:35 AM
#7
Quote from: FlipPro on August 07, 2011, 04:37:00 AM
Quote from: Bazil on August 07, 2011, 04:34:52 AM
Not enough liquidity, you can't buy at those prices. Everyone is still asking at almost twice the bidding price.
Have you ever thought that we are being low-balled by industry pros? I do...
ATTN K-MART SHOPPERS!! BLUE LIGHT SPECIAL IN THE BITCOIN AND NAMECOIN AISLE. BUY NOW AT THE SAME PRICE AS AN EARLY ADOPTER! OFFER ENDS SOON! BUY NOW!!!!
Bazil
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Re: Namecoins at a deep discount
August 07, 2011, 05:10:10 AM
#8
Quote from: BillX on August 07, 2011, 04:49:35 AM
Quote from: FlipPro on August 07, 2011, 04:37:00 AM
Quote from: Bazil on August 07, 2011, 04:34:52 AM
Not enough liquidity, you can't buy at those prices. Everyone is still asking at almost twice the bidding price.
Have you ever thought that we are being low-balled by industry pros? I do...
ATTN K-MART SHOPPERS!! BLUE LIGHT SPECIAL IN THE BITCOIN AND NAMECOIN AISLE. BUY NOW AT THE SAME PRICE AS AN EARLY ADOPTER! OFFER ENDS SOON! BUY NOW!!!!
Hahaha, I don't think we'll be seeing pizzas for 100,000BTC again any time soon.
17Bo9a6YpXN2SbwY8mXLCD43Wup9ZE4rwm
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