Bitcoin Forum

I got offered $1,500 USD for a domain I own called blockproof.com. I bought it a few years ago to build something around blockchain time stamping or smart contracts. I have had other things distract me from this and I got a phone call the other day with the offer. Buyer wants it for some kind of ad blocking site, not even blockchain related.

Should I accept the offer, or should I hold out for more down the road?

That's a pretty good offer already... Not sure if it will net you more if you sell it further down the road for blockchain related things. But if you can risk it, then do it. As for me I'd probably sell it now :)

Thanks Unamis, that seems to be the general consensus so far. I dont really need the money thanks to btc, but its definitely a nice chunk to have.

Take the money. The domain is worth $10 at best so you are getting a great deal. There is nothing unique about the domain, and you could come up with another 100 just like it.

Already a good offer. If I were you, I'd probably take the money and use the proceeds to do some bitcoin-related projects. :)

Take the money and run!!!

I was hoping someone would say to hold out for more...but I will trust the room.

You wont probably get any better. But, make sure you get that. There are many scammers in bitcoin world, who will charge back after payment. So, better take the money in BTC.

Never take the first offer. Ask for $2000 you never know you might make another $250 on top !

I'd take it.  It's just a domain that your probably paid $8.99 for. There are so many TLDs now, people can easily find the name they are looking for under a different TLD.

Good call, thanks

You could possibly put the domain up for auction on a domain marketplace. Chances are, there might be many other potential buys interested in paying top dollar for the domain name.

However, the price that has been offered to you is very good. You should probably accept the offer, but keep the domain auction idea for future reference maybe  :)

Or they'll shop elsewhere. Tricky one. I'd grab and run.

You should do as much research as possible before asking them for specific amount. Check whether it's a large company or small, what their financial position is etc. That makes huge difference for you. If the company operates in $millions then there's a big chance they would agree to say $5k, as it's not justified for them to spend too much time negotiating trivial amounts.

In some cases, certain departments are keen on paying more to make sure they use their budget to the max, but I wouldn't count on it. Also, from company's point of view, the money they pay for the domain will likely be classed as an investment (in intangible asset) not as operating expense.

Let us know how it went.

Good luck

I think you should accept it.

If the offer was related to blockchain, you could think "well, perhaps more blockchain interested people would show up". But the fact that the person who called you is not even interested in blockchain is like a signal that this is a unique opportunity.

 ;)
Good call, and I did do a little research. Turns out its a small ad firm in Culver City.  Also he seems to know a thing or two about the domain flipping game from what I can tell from out conversation.

I will definitely let everyone know how it turns out...

Thanks everyone for your input. Its helping a lot.

Also, try to ask the potential buyer if they could buy the domain by paying you with bitcoins instead of paying from a credit card. In that way you can avoid a potential chargeback in case you handed over the access to the domain and they want to scam you.

I am waiting for that comment till after you have sold for the $1.500. Then it will be nagging you for the rest of your life :P

I would probably sell it. But then again, you never know if in 10 years Bitcoin will be all over the place and someone comes up with a great idea related to "blockproof" and wants that domain at all costs and you are missing on a bigger deal. Of course you never know, the only thing we know is you can have 1,500 now.

You should sell it for even $100, that domain value is not very high as you will have to invest a lot of money to win just $1500

I think you should sell it,you can always find another domain/use different tld.  ;)

i would not sell it for 1500 USD.

I ended up not selling it, and I agree with you litecoinguy.