Namecheap now officially accepts Bitcoin
namecheap.com
Namecheap now officially accepts Bitcoin
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Re: Namecheap now officially accepts Bitcoin
#2Looks like they're using BitPay https://bitpay.com
edit: I just tried it. The workflow works well, but this brings me back to my biggest reservation about the usability of BitCoin for regular transactions: The long period (hours) to confirm a transaction.
Re: Namecheap now officially accepts Bitcoin
#3I'm loving this Bitcoin ramp up over the past few weeks. Namecheap should be applauded for their general endorsement of "what's good for the internet". Of course it's in their best interest, but you don't see GoDaddy doing the same.
I think back to the "So, that's the end of Bitcoin"[1] article by Forbes and chuckle to myself. Hopefully one day we can look back at that article in the same way we look back at Ballmer laughing at the iPhone [2]
[1] http://www.forbes.com/sites/timworstall/2011/06/20/so-thats-...
Re: Namecheap now officially accepts Bitcoin
#4A domain registrar is going to have a fairly technically literate customer base, but bitcoin is edging towards the mainstream faster than I'd expected.
Re: Namecheap now officially accepts Bitcoin
#5Looks like they're using BitPay https://bitpay.com edit: I just tried it. The workflow works well, but this brings me back to my biggest reservation about the usability of BitCoin for regular transactions: The long period (hours) to confirm a transaction.
Hours to settle into $? Or hours to confirm the Bitcoin transaction at all?
Re: Namecheap now officially accepts Bitcoin
#6Looks like they're using BitPay https://bitpay.com edit: I just tried it. The workflow works well, but this brings me back to my biggest reservation about the usability of BitCoin for regular transactions: The long period (hours) to confirm a transaction.
Hours to settle into $? Or hours to confirm the Bitcoin transaction at all?
To confirm the Bitcoin transaction at all. That's just how Bitcoin works - you have to wait for X new blocks to get confirmations from other peers. How long you wait determines your risk level.
Re: Namecheap now officially accepts Bitcoin
#7I think in five years, the idea of using credit or debit cards for electronic transactions will seem slightly ridiculous, sort of the way using snail mail to pay bills by check seems now.
Re: Namecheap now officially accepts Bitcoin
#8Earlier quoted context omitted.
Hours to settle into $? Or hours to confirm the Bitcoin transaction at all?
To confirm the Bitcoin transaction at all. That's just how Bitcoin works - you have to wait for X new blocks to get confirmations from other peers. How long you wait determines your risk level.
I suppose that's kinda bad for drop catching, but regular domains take 24 hours to be useful anyways. So its not that bad :)
Re: Namecheap now officially accepts Bitcoin
#9Hey all! I'm trying to build a domain registrar we'd actually love to use. Does bitcoin really appeal to you as a user? I'm trying to find a list of must-haves and want-to-have features to bake into my project.
Re: Namecheap now officially accepts Bitcoin
#10The price of Bitcoin is currently hovering around 37 USD. I remember when Bitcoin was $2.00 after the first crash, I never expected it to rebound so quickly. Announcements such as Namecheap's lend credence to the current price, but I would not be surprised if a correction brought Bitcoin below $30.
Regardless, I am excited that there are more places to spend Bitcoin each and every day.