Topic: Why are coins like Namecoin and Peercoin so cheap? - page 2. (Read 1798 times)
If a coin doesn't have real life purpose, it will eventually die.
Peercoin is pretty high compared to other coins, it is the standard for POS and is solid so don't worry about the price per coin with it.
According to Weekly Update #168 from
So if you own any, please install hot fix v0.4.1 RC1 asap.
Let us agree on calling it still actively maintained, not "solid".
Although they are ' old ' cryptocurrency, they do not stand out from all the altcoins. There are very few people buying all these coins which result in them being cheap.
because coin pushers stole any redeeming quality from them to push a new coin.
Look at Quark -- AKA: X11 algo
POS ? stolen..
any other gimmick / novelty etc ? Stolen.
Why ?
People don't have interest in currencies.
What they all want is yet another pyramid scheme digital "token" to profit and dump to move on to the next one.
When the crowd came late 2013 users were quickly confronted with 2 choices..
buy an existing coin or flash mine a new coin..
everyone wants to play Satoshi on day 1 and they don't want to buy Peercoins for $3 each.
They want to buy Shit coin "Block-Chain" Token's for 0.00000001 Sat's
So the cycle will continue..
really liked namecoin back in the day. decentralized domains are certainly great... but they failed to move on.
I hope ethereum will add domains in the future, they seem to be innovative
I hope ethereum will add domains in the future, they seem to be innovative
Why are coins like Namecoin and Peercoin so cheap compared to Bitcoin? Both coins have a similar amount of existing units and all have great tech and an unique application, especially Namecoin with .bit domain for instance. Why are they so cheap? Consider that one Bitcoin is more than 800 times more valuable than one Namecoin or one Peercoin.
Wrong order, turn it around! "Why is Bitcoin so expensive ?"
The 800 times could experience a correction onto 400 times, or 200.
Does this mean that Namecoin is actually an "addon" of Bitcoin?
Well, as I wrote in my OP, Namecoin blockchain stores the .bit domain what is a great feature. I own a .bit domain and I really like this feature.
Well, as I wrote in my OP, Namecoin blockchain stores the .bit domain what is a great feature. I own a .bit domain and I really like this feature.
because there is no user interest in them, namecoin is merged mining with bitcoin so it is stable here else it doesn't have anything special in it to remain alive.
I wonder why were they created when no one is using them. Do you think if a fan can just create a solely dice game for such coins could probably increase its value and at some point my compete with the rest?
I remember someone mentioned namecoin was the first altcoin.
I remember someone mentioned namecoin was the first altcoin.
Although they are ' old ' cryptocurrency, they do not stand out from all the altcoins. There are very few people buying all these coins which result in them being cheap.
Right, no one's adopted them for anything, really. I'm sure they have a very small diehard fanbase like most altcoins do, but definitely not enough to boost the price much. Even in the crypto community, folks just don't use either one of those coins for anything.
because there is no user interest in them, namecoin is merged mining with bitcoin so it is stable here else it doesn't have anything special in it to remain alive.
Not enough demand for them. It's just one of those things, you know?
Why are coins like Namecoin and Peercoin so cheap compared to Bitcoin? Both coins have a similar amount of existing units and all have great tech and an unique application, especially Namecoin with .bit domain for instance. Why are they so cheap? Consider that one Bitcoin is more than 800 times more valuable than one Namecoin or one Peercoin.
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