Bitcoin Forum

Economy => Auctions => Topic started by: acceptance2 on November 10, 2013, 03:58:29 AM



Title: Bitjiffy.com - Buy and Sell Bitcoin Fast
Post by: acceptance2 on November 10, 2013, 03:58:29 AM
Looking for a great domain name for your new Bitcoin Exchange?

Here is an easily brand-able name.

Easy to remember - hard to forget - descriptive.

You are bidding on the domain name www.bitjiffy.com

Starting Bid: 10 Bitcoin
Buy It Now: 25 Bitcoin
End date and time: Friday November 15, 15:15 pm PST
Payment: Bitcoin Only

PM me for additional information.


Title: Re: Bitjiffy.com - Buy and Sell Bitcoin Fast
Post by: acceptance2 on November 14, 2013, 12:03:39 AM
BUMP


Title: Re: Bitjiffy.com - Buy and Sell Bitcoin Fast
Post by: MakeBelieve on November 14, 2013, 11:50:49 PM
10 Bitcoin? Wow. You are estimating this way to high.


Title: Re: Bitjiffy.com - Buy and Sell Bitcoin Fast
Post by: MaxBTC1 on November 14, 2013, 11:57:53 PM
10?!?

Thanks for the chuckle OP.


Title: Re: Bitjiffy.com - Buy and Sell Bitcoin Fast
Post by: acceptance2 on November 15, 2013, 12:12:25 AM
If you're a start-up under development consider the words of a genuine authority (vs armchair domain quarterback) on domain names and the relationship with a sticky name and your ability to raise future funding.
   
" We used to advise companies to spend $10k or less on a domain, then we upped that recommendation to $25k. We recently upped it again to $50k. I suspect domain prices and pre-money valuations of newly launched startups are highly corrrelated. "

by Fred Wilson on 2011-04

Fred Wilson is a VC and principal of Union Square Ventures.


Title: Re: Bitjiffy.com - Buy and Sell Bitcoin Fast
Post by: mogs on November 15, 2013, 02:23:36 PM
10 btc for that domain is pretty crazy. Good luck though.


Title: Re: Bitjiffy.com - Buy and Sell Bitcoin Fast
Post by: acceptance2 on November 15, 2013, 03:05:41 PM
10 btc for that domain is pretty crazy. Good luck though.

If you were investing $500,000 dollars into a new business do you think investing $4,000 into proper signage in front of the business would be excessive?


Title: Re: Bitjiffy.com - Buy and Sell Bitcoin Fast
Post by: Welsh on November 15, 2013, 03:57:46 PM

If you were investing $500,000 dollars into a new business do you think investing $4,000 into proper signage in front of the business would be excessive?

Normally domains are worth a lot when the these key factors are involved:

-Exact match word(s) in search engines.

-Short names / acronyms.

-One-word brandable names.

-Domains with a high search volume.

I'll stop right there. Because, the domain doesn't contain many of these. It doesn't have a high search volume. Isn't a one word brand able name.
It isn't very short and most definitely isn't a acronym. Therefore, this domain to me isn't even worth the amount you paid for it in the beginning. Just because you haven't provided enough information. It doesn't include most of the things I have listed. If you are looking for someone who wants to run a exchange they would be pretty silly to have this name. It may removable. But, it isn't related to the subject in matter. Isn't searched very often.


Title: Re: Bitjiffy.com - Buy and Sell Bitcoin Fast
Post by: BIGMERVE on November 15, 2013, 03:59:45 PM
10 btc for that domain is pretty crazy. Good luck though.

If you were investing $500,000 dollars into a new business do you think investing $4,000 into proper signage in front of the business would be excessive?


Your comparison makes no sense. People would invest in a $4,000 sign if it was actually worth $4,000. Nobody would pay $4,000 for a sign if they saw similar signs going for much less. Your domain is not worth $4,000 because similar names are going for a fraction of that price. Why would people pay you $4,000 for bitjiffy.com when they can go register btcjiffy.com for $10?!


Title: Re: Bitjiffy.com - Buy and Sell Bitcoin Fast
Post by: MakeBelieve on November 15, 2013, 04:56:32 PM
I would imagine this sort of domain go for around $50.


Title: Re: Bitjiffy.com - Buy and Sell Bitcoin Fast
Post by: AndrewWilliams on November 15, 2013, 06:13:12 PM
That sign aint worth no $4,000 ...  ::)


Title: Re: Bitjiffy.com - Buy and Sell Bitcoin Fast
Post by: Welsh on November 16, 2013, 11:27:21 PM
Seems the auction ended without any replies from the OP. OP are you going to be uploading this for a more realistic price?


Title: Re: Bitjiffy.com - Buy and Sell Bitcoin Fast
Post by: acceptance2 on November 17, 2013, 01:34:42 AM
Seems the auction ended without any replies from the OP. OP are you going to be uploading this for a more realistic price?

It expired without a bid or any expression of interest.

Now that Bitcoin is generating significantly more interest outside the Bitcoin community, I'll probably approach the larger commercial domain community, when the time is right.

I'm in no hurry to sell it. It only appreciates in value as Bitcoin rises in value : )