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Topic: Namecoins (NMC) and NMC/BTC depressed prices (Read 549 times)

hero member
Activity: 556
Merit: 500
WHY?!
sr. member
Activity: 308
Merit: 250
ancap
Since they're merged mining with bitcoins (BTC) namecoins (NMC) prices tanked until recently. It was logical to convert NMC into BTC's when prices flirting around 0.1 BTC, but current prices are joke even it hit 0.002 a few weeks ago. If NMC will not die in near future and if we look at difficulty ratio of NMC and BTC, current price of NMC/BTC should be at least half of 0.1 which means 0.05,,, so we are very very far away from this point. Why?
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