Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Jet Cash on January 31, 2016, 02:44:16 PM



Title: Why are domain name buyers so reluctant to use Bitcoin?
Post by: Jet Cash on January 31, 2016, 02:44:16 PM
After all, a domain name is a virtual house. You would think that they wouldn't have any problem with the concept of paying for it with a virtual currency.


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: SFR10 on January 31, 2016, 02:56:27 PM
It could be many reasons (I used to pay with BTCitcoin for all of my domain purchases so far as well):
1. Easy and fast transaction that results in fast delivery of the domain to the person who purchased it.
2. Some put false information and just use BTCitcoin so their real identities remain hidden.
3. It's available to everyone unlike other online payments which have some restriction on who uses their services.


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: RealBitcoin on January 31, 2016, 03:27:24 PM
It could be many reasons (I used to pay with BTCitcoin for all of my domain purchases so far as well):
1. Easy and fast transaction that results in fast delivery of the domain to the person who purchased it.
2. Some put false information and just use BTCitcoin so their real identities remain hidden.
3. It's available to everyone unlike other online payments which have some restriction on who uses their services.

Do you know any domain registrars that accept BTC ,please PM me, I`m curious.


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: robelneo on January 31, 2016, 03:39:21 PM
It could be many reasons (I used to pay with BTCitcoin for all of my domain purchases so far as well):
1. Easy and fast transaction that results in fast delivery of the domain to the person who purchased it.
2. Some put false information and just use BTCitcoin so their real identities remain hidden.
3. It's available to everyone unlike other online payments which have some restriction on who uses their services.

Do you know any domain registrars that accept BTC ,please PM me, I`m curious.
I highly recommend lovingdomains they accept three crypto currencies bitcoin litecoin and dogecoin,have purchased 5 domains here using crypto currencies,they are not as popular like the three domain registrar but they offer top notch service ans sometimes they offer  bonus like domain anonymity, go for them and register your preferred domain..


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: unamis76 on January 31, 2016, 03:42:35 PM
Namecheap (https://www.namecheap.com/) accepts Bitcoin for domains, just like many sellers around here.

Domain websites are reluctant to use Bitcoin for the same reason everyone else is: they do not understand it properly or don't care.


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: RealBitcoin on January 31, 2016, 03:49:14 PM
Namecheap (https://www.namecheap.com/) accepts Bitcoin for domains, just like many sellers around here.

Domain websites are reluctant to use Bitcoin for the same reason everyone else is: they do not understand it properly or don't care.

I tried there, too much hassle, and they need too much info.

And after sawing their TOS, that creeped me out, they dont allow bitcoin marketing sites and faucets and things like that. So it's not my choice.


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: Jet Cash on January 31, 2016, 05:11:09 PM
Currently, I've got someone trying to buy one of my domain names, and I've asked 5 Bitcoin for it. He's running it though an agency, and they only deal in dollars, but they do allow private deals. I live in hope that the guy will save a few dollars by paying in Bitcoin. :)


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: quadriple7 on January 31, 2016, 05:18:15 PM
i think the main reason is that they can actually be anonymous while doing that, i cant see any more things why would they want to do that


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: takingthis4 on January 31, 2016, 05:31:55 PM
the good way about it is that bitcoins are very easy to use and everyone can do that, also its anonymous


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: Jet Cash on January 31, 2016, 05:34:50 PM
Unless you  use a proxy service, then you need to put your details in the domain name registration.


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: andulolika on January 31, 2016, 05:41:18 PM
It could be many reasons (I used to pay with BTCitcoin for all of my domain purchases so far as well):
1. Easy and fast transaction that results in fast delivery of the domain to the person who purchased it.
2. Some put false information and just use BTCitcoin so their real identities remain hidden.
3. It's available to everyone unlike other online payments which have some restriction on who uses their services.
The problem is that i dont see anything negative in that lol.



Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: countryfree on January 31, 2016, 06:24:33 PM
Gandi.net also accepts payments via BTC but I don't understand how you can say few people use BTC to pay for their domain names. Do you have any data from a registrar showing how many customers use BTC versus credit cards, or paypal? I wish you could provide us with some info.


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: SuperCoinGuy on January 31, 2016, 06:25:03 PM
Well there are payment portals like Bitpay which can convert your bitcoins into cash deposited directly into their bank accounts but my guess is they just don't want to bother.


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: lite on January 31, 2016, 06:55:00 PM
Namecheap (https://www.namecheap.com/) accepts Bitcoin for domains, just like many sellers around here.

Domain websites are reluctant to use Bitcoin for the same reason everyone else is: they do not understand it properly or don't care.

I tried there, too much hassle, and they need too much info.

And after sawing their TOS, that creeped me out, they dont allow bitcoin marketing sites and faucets and things like that. So it's not my choice.
Too much info? I have many domain registered there without any problems. i think it's good that they don't allow faucet domain.(we already have loads of faucet sites :P)


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: Jet Cash on January 31, 2016, 07:07:57 PM
All you guys are talking about domain name registrations. I was talking about selling domain names that are already registered by you.
Sorry, I should have been more specific.


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: RealBitcoin on February 01, 2016, 04:04:02 AM
Namecheap (https://www.namecheap.com/) accepts Bitcoin for domains, just like many sellers around here.

Domain websites are reluctant to use Bitcoin for the same reason everyone else is: they do not understand it properly or don't care.

I tried there, too much hassle, and they need too much info.

And after sawing their TOS, that creeped me out, they dont allow bitcoin marketing sites and faucets and things like that. So it's not my choice.
Too much info? I have many domain registered there without any problems. i think it's good that they don't allow faucet domain.(we already have loads of faucet sites :P)

No it's not, cherrypicking what sites you allow and not are just censorship, which is inherently bad.


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: Kakmakr on February 01, 2016, 05:52:48 AM
All you guys are talking about domain name registrations. I was talking about selling domain names that are already registered by you.
Sorry, I should have been more specific.

This is just a adoption issue and a lot of negative press. You should suggest to them to use a payment processor like Bitpay, if they want fiat in return. Most people are simply lazy and/or scared of the unknown. <Learning something new> Why not just accept the fiat and buy your own bitcoins?

If you want to do it anonymously with BTC, you are barking up the wrong tree. Bitcoin in the hands of newbies are not anonymous. 


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: Jet Cash on February 01, 2016, 07:53:54 AM
It can't be anonymous. It's going through an agent and an escrow company. I've also been with the registrar for about 15 years, and my details are public. :)

Sadly the guy won't pay in Sterling or Bitcoin, so I'll have to accept dollars. Then I have to decide when to sell those dollars. The dollar is creeping up atm, but I think it's going to drop later this year, and Bitcoin will rise.


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: PakistanHockeyfan on February 09, 2016, 01:58:36 AM
It could jsut be because of the reputation. Sometimes it's be ause Bitcoin is slowly becoming less safe in terms of protecting anonymity. I'm not sure how to feel about the situation as everyone has a right to use something, and they have the right to not use something.


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: Rude Boy on February 09, 2016, 03:03:00 AM
It could be many reasons (I used to pay with BTCitcoin for all of my domain purchases so far as well):
1. Easy and fast transaction that results in fast delivery of the domain to the person who purchased it.
2. Some put false information and just use BTCitcoin so their real identities remain hidden.
3. It's available to everyone unlike other online payments which have some restriction on who uses their services.

Do you know any domain registrars that accept BTC ,please PM me, I`m curious.
Here are some of my known services that accepts bitcoin to buy domain
1. www.hostinger.com
2. www​.namecheap.com
3. www.steadyturtle.com


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: Tavos on February 09, 2016, 03:22:32 AM
Maybe it is because Bitcoin is still sorta hard to get in some places, or the fact that if you okay first and get scammed, you can't get your money back.


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: Jet Cash on February 09, 2016, 07:11:46 AM
Well the guy has just agreed to buy the name for $2000, and I offered to sell it for 5 Bitcoin. It's going through escrow, so there isn't a privacy issue.

Once again - this isn't about domain name registrations, but about the sale of already registered domain names.


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: andulolika on February 11, 2016, 06:43:14 AM
Well the guy has just agreed to buy the name for $2000, and I offered to sell it for 5 Bitcoin. It's going through escrow, so there isn't a privacy issue.

Once again - this isn't about domain name registrations, but about the sale of already registered domain names.
You got hard on me there, i never bought a registered domain so i have no idea, hence what i said before gets kinda nullified, sorry.


Title: Re: Why are domain name buyers so reluctant to use Bitcoin?
Post by: Lutzow on February 11, 2016, 06:55:46 AM
Probably they have the idea that the price is so unstable that they might get less in 5-minute time. They don't know that it's quite stable lately so they'll get what they're asking for even after a day.