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Namecheap now officially accepts Bitcoin

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Re: Namecheap now officially accepts Bitcoin

#101

Post by josephagoss »

eduardordm wrote: post #13

Because bitcoins are illegal in my country, I'll keep my personal domains on namecheap but will certainly move my company domains out of there until I figure out if there's a chance I have problems with this. I like bitcoins just like everyone, but there are laws you need to abide by and bitcoins are illegal in many countries.

Sorry dude, you have several people asking you what country your in and you give no answer. What you said (That Bitcoins are illegal in your country) is complete FUD until you provide some proof.

As far as I am concerned, until you tell us where your country is, it seems your trying to damage namecheap's and /or Bitcoin's reputation for no reason.

Please provide the country and law cited. Cheers.

Re: Namecheap now officially accepts Bitcoin

#102

Post by MichaelApproved »

robryan wrote: post #95
jimworm wrote: post #83

Earlier quoted context omitted.

Today's bitcoin is a little more liquid than yesterday's, and the trend will continue as long as more and more people start accepting bitcoin as payment. This liquidity has a positive effect on value.

I would assume that one of the major reasons in holding bit coin is still to sell it at some point (until a large amount of people accept it) Meaning that once it hits a certain level people will start cashing in and crash the price again?

Though a crash is possible, not all sell-offs create crashes. Price can drop 10%-20% and still not be a crash.

However, with the recent movements, I wouldn't be surprised if BQ swings dozens of percentage points in the next few weeks.

Re: Namecheap now officially accepts Bitcoin

#103

Post by ersii »

rwg wrote: post #30
redegg wrote: post #19

Earlier quoted context omitted.

Providing falsified WHOIS information will only harm the registrant.

How? I keep valid contact information in the WHOIS records for my domains, and all I get out of it is e-mail spam from my registrar, e-mail spam from everyone else, snail mail spam from my registrar, snail mail spam from competing registrars (Domain Registry of America, anyone?), "SELL YOUR DOMAIN TO US!" robocall spam, and yearly ICANN WDRP e-mails from my registrar.

Because, according to ICANN rules - you may lose the right to your domain if the registrant information is falsified.

That's why they "spam" you once a year, reminding you to keep the registrant information up to date.

I have not heard of anyone losing their generic TLD in a random check, but the risk always exist.

Re: Namecheap now officially accepts Bitcoin

#104

Post by toomim »

rrrrtttt wrote: post #90
geoffschmidt wrote: post #87

Earlier quoted context omitted.

Bitcoin is not exactly a mature currency. When a new merchant starts accepting Bitcoin payments it's still front page news. So I wouldn't read too much into the lack of lending infrastructure. Evaluating creditworthiness, and going after defaulters, is a lot more work than holding cash deposits or accepting cash in return for products, and those things are still big logistical challenges in Bitcoin land.

Sure, but I still have my doubts. Apparently merchants like Namecheap accepting Bitcoin don't name their price in Bitcoin, they name their price in USD. Again, if you believe in Bitcoin, shouldn't you name your price in Bitcoin?

Not yet, but that will happen once bitcoins saturate the market of currencies. We're just in the beginning stages. Linux sucked when it was first released too.

Re: Namecheap now officially accepts Bitcoin

#105

Post by Achshar »

invalidOrTaken wrote: post #51
ashamedlion wrote: post #3

I'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…

Second that on Namecheap apparently being on the side of the internet. Weren't they a vocal opponent of SOPA?

As far as I remember, they gave a discount to people moving from godaddy and even provided a tool to assist them move. Of course it was in their best interest.

Re: Namecheap now officially accepts Bitcoin

#106

Post by angryasian »

toomuchtodo wrote: post #16
taligent wrote: post #12

Earlier quoted context omitted.

Your logic is completely faulty. Paying bills over the internet was easier and simpler than paying by check. Paying by credit and debit cards are easier, safer and simpler than using say Bitcoin. There is zero chance that those cards are going anywhere. If anything the popularity of PayWave and other NFC technologies should see their use increase.

Except its now legal for merchants to tack on a surcharge for you paying with credit (as it should be). Online merchants will absorb the cost of processing credit cards, as they aren't going to wait for a check in the mail. But physical merchants that can accept cash and are now allowed to recoup that 3%? I can see certain groups of people migrating away from plastic if it increases the cost of their goods/services i…

you're assuming that merchants won't just keep the 1% difference.

Re: Namecheap now officially accepts Bitcoin

#107

Post by ok_craig »

rrrrtttt wrote: post #78

Let's say I think that in one year's time Bitcoin will be gone. And let's say I want to put my money where my mouth is and want to short Bitcoin. Presumably there's a lot of people who think that Bitcoin is going to appreciate and thus should be happy to give me a low-interest loan. And yet there is no way to get a Bitcoin-denominated loan. Does this mean that people don't really believe Bitcoin will be with us in on…

Pretty sure you can borrow and loan bitcoin at bitfinex.com.

Re: Namecheap now officially accepts Bitcoin

#108

Post by taligent »

toomuchtodo wrote: post #16
taligent wrote: post #12

Earlier quoted context omitted.

Your logic is completely faulty. Paying bills over the internet was easier and simpler than paying by check. Paying by credit and debit cards are easier, safer and simpler than using say Bitcoin. There is zero chance that those cards are going anywhere. If anything the popularity of PayWave and other NFC technologies should see their use increase.

Except its now legal for merchants to tack on a surcharge for you paying with credit (as it should be). Online merchants will absorb the cost of processing credit cards, as they aren't going to wait for a check in the mail. But physical merchants that can accept cash and are now allowed to recoup that 3%? I can see certain groups of people migrating away from plastic if it increases the cost of their goods/services i…

> if it increases the cost of their goods/services in a meaningful way.

You do realise that credit cards aren't some new invention ?

The merchant costs have been factored into people's purchases for decades and there is no evidence it has caused any impact on sales. If anything the huge array of reward programs and partnerships e.g. with airlines has reinvigorated the huge of credit cards.

I just don't see anyone migrating away from credit/debit cards apart from fringe elements of society. Seems like proponents of Bitcoin live in their own world sometimes and treat the existing financial system as some competitor.

Re: Namecheap now officially accepts Bitcoin

#110

Post by garethadams »

damian2000 wrote: post #43
rwg wrote: post #30

Earlier quoted context omitted.

How? I keep valid contact information in the WHOIS records for my domains, and all I get out of it is e-mail spam from my registrar, e-mail spam from everyone else, snail mail spam from my registrar, snail mail spam from competing registrars (Domain Registry of America, anyone?), "SELL YOUR DOMAIN TO US!" robocall spam, and yearly ICANN WDRP e-mails from my registrar.

You need an anonymized WHOIS service. Namecheap offers free anonymized WHOIS by default on their domains ... its called "WhoisGuard Protection". Its a must have these days.

Yes, I want to be anonymous so I'll sign legal control of my domain over to a third party service (per their terms and conditions - http://www.whoisguard.com/registrant-agreement.asp):

• who you have to "provide […] truthful, complete, current, accurate and reliable contact details" to,

• who "has the right to disclose your identity and your other Personal Information" and

• who "may resolve any and all third party claims, whether threatened or made, arising out of your registration or use of the Domain"

Now for a lot of people who just don't want their name easily visible, that's fine because it's unlikely these terms will be acted on. But for anyone who actually needs anonymity, to protect their right to free speech (for example), that's not good enough.

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