[announce] Namecoin - a distributed naming system based on Bitcoin - page 26.

trantute2

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Quote from: domob on October 04, 2018, 08:25:53 AM

Quote from: trantute2 on October 04, 2018, 01:39:12 AM

The first 12.5 NMC block:

https://namecha.in/block/145f72ea59018ca4117015e3c25a2ed24e22e67c948841dd46a200db11d778be

Very cool! We'll see if it has any impact on the market price, though ... perhaps only after the general bear market / bad sentiment turns.

True. I also think, that the decrease in supply will shown an effect much later. But this is not the worst situation. Time enough to buy several thousands of namecoins.

Besides, there are many news on https://namecoin.org/. However, I still do not understand, how, e.g., ConsensusJ-Namecoin works (https://namecoin.org/docs/bitcoinj-name-lookups/). I tested it again and there is the same error as a few months before. One problem is, that the given example does not provide the output to expect.

This also looks very promising: https://namecoin.org/2018/10/04/electrum-nmc-name-script-deserialization-round-2.html

hornetsnest

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Can anyone get Kimdotcom on the blower and see if he will change his name to kimdotbit because I have a nice little bag of namecoins now?TIA

domob

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Quote from: trantute2 on October 04, 2018, 01:39:12 AM

The first 12.5 NMC block:

https://namecha.in/block/145f72ea59018ca4117015e3c25a2ed24e22e67c948841dd46a200db11d778be

Very cool! We'll see if it has any impact on the market price, though ... perhaps only after the general bear market / bad sentiment turns.

trantute2

hero member

Activity: 784

Merit: 544

The first 12.5 NMC block:

https://namecha.in/block/145f72ea59018ca4117015e3c25a2ed24e22e67c948841dd46a200db11d778be

Grin

trantute2

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Code:

current block   : 419977
remaining blocks: 23
halving date    : Thu Oct  4 01:30:04 CEST 2018

bartobar33

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You need to make a better ANN

shtako

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Quote from: trantute2 on October 03, 2018, 12:00:34 PM

Quote from: sefirotius on October 03, 2018, 10:52:42 AM

Why on the exchanges such a different course with what it is connected? https://coinmarketcap.com/ru/currencies/namecoin/#markets

I don't really get it, either.

As far as I know, WEX has some withdrawal problems concerning bitcoins and fiat (use google). And namecoin withdrawal is possible. So everyone, who cannot withdraw bitcoins, buys namecoins instead and withdraws those. Clearly, you do not sell the coins at another exchange for 1/5 of the price. And if you do so, the price at the other exchanges drops further. At the same time, the namecoin price at WEX increases.

If you buy namecoins cheaply at cryptopia and try to sell those at WEX, the question is, which coin you would buy ... so I suspect, that arbitrage is not possible.

It's a shame, that coinmarketcap does not correct for that.

BTW, the namecoin price is really low in the moment (e.g. cryptopia). You get almost 2000 NMC for 1000 €. Imho a bargain, since there are only 21 million coins in total.

Yeah, you get it.

The only way to get $$ or bitcoin out from wex is to buy namecoin and a few other alts and sell them on other exchanges. It might be better to loose 80% then 100%.

trantute2

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Quote from: sefirotius on October 03, 2018, 10:52:42 AM

Why on the exchanges such a different course with what it is connected? https://coinmarketcap.com/ru/currencies/namecoin/#markets

I don't really get it, either.

As far as I know, WEX has some withdrawal problems concerning bitcoins and fiat (use google). And namecoin withdrawal is possible. So everyone, who cannot withdraw bitcoins, buys namecoins instead and withdraws those. Clearly, you do not sell the coins at another exchange for 1/5 of the price. And if you do so, the price at the other exchanges drops further. At the same time, the namecoin price at WEX increases.

If you buy namecoins cheaply at cryptopia and try to sell those at WEX, the question is, which coin you would buy ... so I suspect, that arbitrage is not possible.

It's a shame, that coinmarketcap does not correct for that.

BTW, the namecoin price is really low in the moment (e.g. cryptopia). You get almost 2000 NMC for 1000 €. Imho a bargain, since there are only 21 million coins in total.

sefirotius

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IDENA.IO - Proof-Of-Person Blockchain

Why on the exchanges such a different course with what it is connected? https://coinmarketcap.com/ru/currencies/namecoin/#markets

trantute2

hero member

Activity: 784

Merit: 544

Code:

current block : 419932
remaining blocks: 68
halving date : Thu Oct 4 02:16:16 CEST 2018

trantute2

hero member

Activity: 784

Merit: 544

Code:

current block : 419902
remaining blocks: 98
halving date : Thu Oct 4 00:19:45 CEST 2018

trantute2

hero member

Activity: 784

Merit: 544

Code:

current block : 419844
remaining blocks: 156
halving date : Wed Oct 3 23:37:01 CEST 2018

trantute2

hero member

Activity: 784

Merit: 544

Code:

current block : 419801
remaining blocks: 199
halving date : Wed Oct 3 23:56:25 CEST 2018

trantute2

hero member

Activity: 784

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Code:

current block : 419772
remaining blocks: 228
halving date : Wed Oct 3 22:38:56 CEST 2018

trantute2

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Activity: 784

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Code:

current block : 419708
remaining blocks: 292
halving date : Wed Oct 3 23:29:28 CEST 2018

hornetsnest

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I have a big bag now and ready for takeoff.V12 and ready 2 rotate peeps.

trantute2

hero member

Activity: 784

Merit: 544

Code:

current block : 419657
remaining blocks: 343
halving date : Thu Oct 4 00:31:49 CEST 2018

trantute2

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Activity: 784

Merit: 544

Quote from: OgNasty on October 01, 2018, 01:38:54 AM

Quote from: shtako on September 27, 2018, 03:30:18 PM

Quote from: antaresus on September 27, 2018, 01:52:07 PM

We have about 900 blocks left to go, and when the 420,000th namecoin block is mined then 12.5 NMC per block will be the reward.

Nice. I will celebrate like I did the last bitcoin halvening. Drinking beer watching the block explorer. Grin

Would be great if there were a countdown somewhere.

I can post the current state of the Namecoin blockchain every few hours ... however, when I am asleep you have to check the corresponding explorer by yourself.

OgNasty

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Leading Crypto Sports Betting & Casino Platform

Quote from: shtako on September 27, 2018, 03:30:18 PM

Quote from: antaresus on September 27, 2018, 01:52:07 PM

We have about 900 blocks left to go, and when the 420,000th namecoin block is mined then 12.5 NMC per block will be the reward.

Nice. I will celebrate like I did the last bitcoin halvening. Drinking beer watching the block explorer. Grin

Would be great if there were a countdown somewhere.

TheCrimsonFucker

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Merit: 251

It's time to get back to buying NMC! When no one wants, you have to want, when many want, it's best to turn away! For me and for many, Namecoin is an alternative to Bitcoin. Wink

Topic: [announce] Namecoin - a distributed naming system based on Bitcoin - page 26. (Read 596107 times)