Looking pretty good, privacy and IPv6 support like you might expect nowadays, only no DNSSEC. Not buying.
Namecheap now officially accepts Bitcoin
81–90 of 179 posts
Re: Namecheap now officially accepts Bitcoin
#82Let'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…
If I were to give someone a Bitcoin loan, what interest rate should I charge? The massive uncertainty of that question is enough to discourage any such activity. I wouldn't make a Bitcoin loan with a one-week period.
That's exactly what I'm saying. If it's deflationary then it should be worth your while to give me a loan at 0% (assuming I am low default risk). The fact that we don't know where Bitcoin is going to be in one week means that we don't really believe it's deflationary.
Re: Namecheap now officially accepts Bitcoin
#83Earlier quoted context omitted.
minor correction to a valid post: as of 06:33 UTC, bitcoin goes for 37.9 USD
And now its $39. Its volatility makes it impractical to use as a currency. A bitcoin yesterday is worth 10% less than a bitcoin today.
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.
Re: Namecheap now officially accepts Bitcoin
#84Interesting if anyone had conducted an experiment, whether new Bitcoin button, near old good CC payment, actually worsens whole conversion rate, due to interesting Bitcoin reputation in masses.
Re: Namecheap now officially accepts Bitcoin
#85The 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.
Well I don't think any average person is really keeping large amounts of money in bitcoin. It has mostly a transactional since the use cases are so niche.
>use cases are so niche
This is a first-world misperception. There is half a world excluded from traditional payment methods.
Re: Namecheap now officially accepts Bitcoin
#86This is beautiful to watch unfold: The universe is taking flight! Do help it, not for the sake of a cryptocurrency, but for the ethical implications. For you and for me.
Why ask useless questions? How deep is the ocean? How high is the sky? Who is Satoshi Nakamoto?
Galt he isn't - "The universe believes in Encryption" (J.Assange) and this fact is at the same time the redeeming and redemption of the system we're watching suffer. Key point though - we're not relying on Nietzchieans supermen championing themselves or their genius. We're championing the universe, and empowering everyone. Freedom.
Re: Namecheap now officially accepts Bitcoin
#87Let'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…
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.
Re: Namecheap now officially accepts Bitcoin
#88Earlier 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.
> Namecheap offers free anonymized WHOIS by default on their domains ... its called "WhoisGuard Protection".
Free for just the first year after transferring/registering a domain, after that it costs you.
Re: Namecheap now officially accepts Bitcoin
#89Earlier 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.
Also, as Bitcoin matures, you'll see businesses pop up that will insure against the risk for a small portion of the transaction allowing near instant confirmation for merchants.
Re: Namecheap now officially accepts Bitcoin
#90Let'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…
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?