Bitcoin Forum

Also:

BitcoinWallets.com - Pending @ $200k

Unfortunately, I don't have any other information at this time.

Best regards.

you're serious?  someone bought that?

LEWL, that's the PR campaign.

Wow!  I find it hard to imagine that will pay off.  Why not just invest the $250,000 in bitcoin instead?

I'm hoping Namecoin takes off and .bit becomes the de facto extension for crypto related ventures.  I listed a few domains very recently on dotbit.me such as donations.bit, payment.bit, remittance.bit, etc for between 0.05 and 0.1 BTC.

The new TLD's came out today at reasonable prices... bitcoin.ventures, bitcoin.guru, etc.  Those were taken right away of course, but others are available.  About 15 years ago I bought some domain names and sold them at a good price.  I doubt these new domains will grab anyone in the same way, but people love owning domains.

That's a crazily expensive investment for a domain that's so general if you're trying to start a BTC wallet business.

I can't see it paying off, but who knows...

There was an article on wired.com the other week about one of the investors in Coinbase. He talked about how a lot of startups he works with pay insane prices like this for a common domain name  and that  investing in domain names back in the 90s is probably the best investment you ever could over done, far better than google or apple etc etc.  Same article he said he thinks bitcoin will be $10,000

You guys simply don't understand the billion dollar domain name industry...

110,000 people PER MONTH are typing in "Bitcoin Wallet" in to Google alone, not to mention how many people type in "BitcoinWallet.com" directly in their address bar. The current Pay-Per-Click suggested bid for one click is $1.60 and the competition is picking up, fast.

It is very difficult to have an intelligent conversation about Bitcoin without mentioning "Bitcoin Wallet".

I predicted this exactly, many months ago actually.

With nearly a decade of experience and more than $100 million worth of media as consultant, broker, developer, or licensor, I am fully qualified to tell you that $250k was not "expensive" but rather a very savvy investment to gain a timeless and global competitive advantage in the marketplace.

The sale is real.

In the next few weeks you will see media publications writing stories about this sale.

Every single "Bitcoin Wallet" company on the planet is competing with their website title tags, H1/h2 headers, meta data, and search marketing details (SEO/SEM) for the generic branding "Bitcoin Wallet". That is an undeniable and absolute FACT.

Here is some free education for you guys. And so, point being, the domain name was actually sold too cheap.

Two word - premium domain asset - sales examples:

AreaRugs.com - $405k
RunningShoes.com - $700k
DataCenter.com - $352k
RingTones.com - $750k
BoardGames.com - $450k
PartySupplies.com - $360k
ScreenSavers.com - $335k
MusicVideos.com - $250k
SportingGoods.com - $450k
CookingGames.com - $350k
ShoppingMall.com - $500k
TeamWork.com - $650k
YearBook.com - $237k
MathGames.com - $725k
DiamondRings.com - $228k
ReverseMortgages.com - $600k
PersonalLoans.com - $1mm
GiftBasket.com - $350k
StockPhoto.com - $250k
FreeWebsite.com - $500k
DownloadMusic.com - $242k
SkiResorts.com - $850k
LawFirm.com - $233k
AntiSpyware.com - $550k
FinancialAid.com - $480k
BlackJack.com - $460k
AsianPorn.com - $200k
DomainRegistration.com - $376k
WirelessPhone.com - $335k
ShoppingCart.com - $285k
CrosswordPuzzles.com - $210k
ChinaTours.com - $200k
TokyoHotels.com - $200k

Great news!!

We purchased DigitalCurrencies.com for the same reasons as mentioned above.

Yet i always seem to visit websites that have catchy and goofy names... Not domains like those listed above. You could name a bitcoin wallet website kookookacho.com and if the software rocked it would win...

Darn.  mbtc.com is owned by some bank and trust that is not at all Bitcoin related.  I thought it would be a good one to get if it was still available.  They should look into Bitcoin though. ;)

Because most finance entrepreneurs don't give a flying fuck about Bitcion.  They're just trying to make money off the latest fad.  Therefor their stupidity kicks in, and they treat this like any other startup.  Even if that means blowing $250k on a domain name.  Their trust is in the "Business Plan" and their own ability to grow a business.  Bitcoin is just a tool for most of them.  No awareness of investing in Bitcoin instead, and sitting on 200 million in 10 years.   To them the thought of that happening is absurd. 

Good news in any case.

Someone values Bitcoin highly enough to spend that kind of money on a domain name.

Time will tell if the service they put behind that name will make the money back. If it does, all the better. :)

And if it is just speculation, well, how can people speculating on Bitcoin judge that. ;)

Lol you got ripped off. Register them yourself with the Namecoin wallet/client and pay .02NMC per name         1NMC = $5 do the math

Why you mad bro?

Let's get some facts straight. This domain wasn't purchased for giggles. The dreaded "finance entrepreneur" likely purchased this to build a killer wallet for us all. How could anyone argue that this is bad? Sure, the person dishing out the $$$ probably doesn't understand Bitcoin fundamentals like some of us do, nor will they be spending sleepless nights in front of a screen coding the app, but thats not their job.

How exactly do you expect Bitcoin to reach these monumental heights you speak of, if no one builds it?

It sounds like you already think long-term, big picture, about the price of bitcoin. Try applying that same logic to the infrastructure  ;)

I did register them myself about 2-3 months ago when I first discovered bitcoin and started researching other cryptos.  Yeah, it costs about $0.07 / domain.  I recently sold a few for between 0.05 and 0.1 BTC on dotbit.me and on the Namecoin forums.

Wow I can't believe I didn't think of that. Buying domain names that could become popular and  then resell for huge profit. I guess it's pretty much too late for Bitcoin domains at this point though?

It's pretty much mostly over for most types of domains, unfortunately.

I can't really understand the industry at all....

This is exactly right. And it is a positive for bitcoin.

I registered (and later sold or developed and sold) a good number of domains in 1993-1994. Like buying a vacant lot in central London.

The new TLDs are good because it increases the value of the .com/.net/.info/.org space because of confusion.  Did they say ".guru" or ".brians" or ... 

A friend of mine has WallStBitcoin.com

I'm not sure if it will be worth much though  :D

https://bitcointalk.org/index.php?topic=453480.new#new

Over 800 premium Bitcoin names. For serious buyers only.

the average joe doesn't really stand a chance getting a good domain because the people into them for a living own massive numbers of them as evidenced by the above post.  Personally I wouldn't spend a dime on any of those domains because a good business will do well through word of mouth, just like a site like coinbase.com has done which really you wouldn't figure would be a bitcoin exchange looking at it. I suppose having bitcoin in the name might help them and if they were smart they'd take their profits and buy up a better name.  I'd say maybe after you have some cash flow use it to buy a better domain if it's needed.. but a crappy service on a good domain is still a crappy service.

In any case I look forward to the day a domain name can be any extension and shortages of good names become somewhat a thing of the past. That day is getting closer and closer. Of course if there are a million possible extensions of a site you'll find a person buying a million of them up...

Just like the 200 copy and paste versions of Bitcoin drove BTC price down?

New extensions don't mean anything, they're ICANN's newest money making scheme. There always have been plenty of options besides the .com, and yet the market decided to pay a premium for it. It's going to stay just that way for the foreseeable future.

I agree, at least while the internet generation is still alive. only a matter of time until QR codes and NFC devices destroy typing a domain all together... be smart.

I bought bitcoinslitecoins.com some time ago. Here's to hoping they both take off.

prob some scam website to make people think you sign up for a wallet and once you send the funds they get hijacked

This is pretty ridiculous.

I would pay probably 250 000 for a wallet with 1000BTC in it.
But for a wallet that exists only as a name :)))  , no.

Plus , those kind of names don't usually mean success.
Google has no search in it , Amazon no shop , MTgox  no btc and no trade.

A parameter when submitting offers: there is nothing for sale under $4,000. Some names have a much higher price.

^ This is even more ridiculous for domains generated via bots.

What's with the negativity??

You must have the same type of pessimism regarding the ENTIRE BITCOIN ECOSYSTEM since much larger amounts of capital are flowing into all avenues of it.

Put on your thinking-hat and see that something epic is likely to built on top of this domain. Thats something to look forward to ;)

I own http://www.walletforme.com

I will sell it. Private message me your offers.

"bitcoinswallet.com" for sale. PM me for details. Serious.

How do we know, except the tweet announcement, that BitcoinWallet.com was sold for $250,000? I can't find it on the web...
Same for bitcoinwallets.com, I can't find the auction... If both are private sales, the price announced can be different from the real transaction price?...I am not an expert, can someone answer my questions?
Thanks!

Look up DNJournal.com for their weekly reports. If a sale makes that list, it has been independently verified.

I ve already checked ..nothing about it. Maybe next week.
thanks for your answer.

DNJournal is good. It already posted to public records. We use a database to search publicly published sales. Strangely, Bitcoinwallets.com is showing that it only sold for $3,000, so we aren't including it until we can verify what it really sold for.

Check out our bitcoin domain name sales report (updated weekly): http://www.cryptonames.com/bitcoin-domain-sales.html (http://www.cryptonames.com/bitcoin-domain-sales.html)

Case closed.

http://dnjournal.com/domainsales.htm

Some body did make money by making domain ...

For sale 5 Bitcoin any.

bitcoinmobile.info

walletbitcoin.info

bitcoinaccount.info


Private message me your offers.

BTC        1RQY6rxzXKWKXSzzCtN3dZHhcY2UyLrsf

Cant believe people are paying so much for a domain name .

5 BTC is not much  ;)

coin-rigs.com for sale if anyone interested. PM me for details. I had some great plans for that site but I got other stuff to do.

Sorry, but 5 BTC is A LOT for those names. Post a thread in auctions. Good luck

As I mentioned in another thread, high quality bit coin domains are being snapped up at these crazy prices. How do I know? I'm on the inside of some deals right now.

What many of you don't seem to understand because you're not average joe's but early adopters/geeks/enthusiasts is that there is a FLOOD of investor money coming into the space and what this space lacks is credibility and ease to the average person. A strong domain is one very important piece of the puzzle in getting consumer confidence. You think the average person knows what the fuck easyco.in is? Most of them if they saw this name on a billboard or ATM would go "what kind of scam address is that?" An Indian extension is supposed to make the average person feel good? Especially when The Indian government has and might be in the future seizing domains they don't like???

TRUST. The missing link in the space right now. A strong .com domain won't solve your credibility problem if your venture sucks, but if all the rest of the elements are in place, a good domain creates instant recognition.

What looks better on the side of an ATM or billboard? Easyco.in or EasyCoin.com? The guys who launched easyco.in are HANDING free traffic to the owner of Easycoin.com because the average person mistakenly remembers the .com, not the .in. This is a CLASSIC noob mistake that those of us in the biz would never make. You're handing free money to EasyCoin.com, and you're setting yourself up for all kinds of trouble if EasyCoin.com launches a competing service. Let the UDRP begin!

Wacky extensions work fine for tech plays. But for a financial company that has almost zero credibility in the mainstream marketplace, launching with a .whatever is market suicide in the short term. Sure you can overcome a bad name, but it's so much easier to gain traction with a solid, memorable .com.

BTW I know the seller of BitcoinWallet.com. It is a totally legit sale that has been vetted by DnJournal.com, the industry trade mag.

For many of you, scratching heads. But for those of us in the know, a smart move on the way to establishing a brand and traffic.

I have also buyed bitingcoin.com and bitingcoins.com
Looking for someone who can buy this domain from me.

+1

Couldn't agree with you more. The person or person(s) buying this domain know what they are doing, and most likely have very big money backing them. Whatever their plans, they obviously feel that the money spent here will lead to more down the road. It should also solidify most of our beliefs in Bitcoin and its future prospects.

Great post. Would Read again A+++++
 http://1.bp.blogspot.com/-gBOoWjU3wDI/UFdS9Y-9_wI/AAAAAAAADCQ/q-psML1GNqU/s1600/slow-clap-gif.gif

WTS

LitecoinExchange.com
LitecoinStore.com
LitecoinCasino.com
LitecoinLottery.com
MineLitecoin.com
LitecoinMining.com

This is a major score for whoever owned that domain.  Bet it doesn't even net 200k in profits...

.... and what exactly acts as your crystal ball to forecast a non-existent business' P/L earnings? Please enlighten me.

Nice sale. :)

Surely, Mark Karpeles didn't once pay $8.95 USD for it, then turned around and bought it from himself at a marked (no pun intended) up price. Come to think of it, this is a pretty good way to laundry bitcoins, not that anybody would do such a thing. It's just a weird thought I had.

Good news, witcoinballet.com is available

I recently purchased the following domains:

uberkoin.com
uberkoin.net
uberkoin.info
uberkoin.org

uberkoins.com
uberkoins.net
uberkoins.info
uberkoins.org

uberqoin.com
uberqoin.net
uberqoin.info
uberqoin.org

bitcoinwallet.com couldn't have sold for $250k!
Try going in the site now.
Someone who has $250k to blow on a domain would not make a site that crappy.
It looks terrible and honestly looks like no work went into it.

I agree unless it's only a temp site but it sure doesn't look like one. No marketing, low twitter activity, etc Nuts!

I've purchased hundreds of sites and sold 1 of them for good money. 

However looking at bitcoinwallet.com it has to be new money, not an investor.  First in their own news section they list the article stating that it sold for 250k.  I'm not sure I would do that.  Second the website is a disaster.  Unless an early whale, with no marketing, design or idea of what is going on luckily mined 100k btc's in 2011 is rolling in cash I don't see what they are doing.

But ... for those saying that these prices are ridiculous.  They are not.  Imagine buying bit in 2011 for .1 and someone asks price as .5 .. you would have said they were crazy asking that and now you would leverage your house, car, wife to buy as many as you could at that price.

This site, if btc goes mainstream in the next couple of years, could be work 1mm +.  If they put some coding behind hit and get some subscribers they could sell it for $4mm +

Or of course btc could die and it becomes worthless.

Over the last couple of months I've picked up a couple of .com's related to btc but they are few and far between.  I made up words and add bitcoin in it and they are taken.  The majority of them are owned by a couple of guys.  This isn't a bad thing it just forces new money to make up more clever names.

Anonymous sale of an unused url reported on a forum. Seems legit.

250k, nice.

What may be the possible cost of www.BitcoinExchangeWorld.com ?

Because certain types of people are so entrenched in the "old school" way of thinking, as far as how to "truly" get rich, that they must continue doing things the old school way.  Like spending hundreds of thousands of dollars on a domain name so they can build a legitimate business around it.   Or, like most businesses:  Fail after the first year.  

I see stuff like this and I just picture a typical business person in a suit who thinks Bitcoin is pretty neat but has no true belief that it will ever hit astronomical values.  So he buys the domain name.  Cuz ... well .. thats just what you do.

-B-

Actually, given the rather low opinion that the general public has about Bitcoin right now, a good domain is even more critical.

It won't solve a crisis in credibility, but a good name can give you lots of goodwill that that something silly as Easyco.in will not. Once again, I'm talking about the GENERAL PUBLIC not geeks or Bitcoin early adopters. Remember, the general public is STUPID. Anything that confuses them or that isn't blatantly simple is bad marketing and bleeds money to competitors.

Who would you sign up for if you were a gullible noob?

EasyCo.in

or EasyCoin.com

Which has an established notion of credibility? It may be news to lots of you, because you couldn't give a shit about domain names as they're just technical placeholders to you, but for much of the public, alternate extensions of any kind spell spam, phishing and Russian scammers. Doesn't matter what the reality is....perception is what matters.

BTW to the earlier point BitcoinWallet.com being a fraud or money laundering, it's possible in the latter, but in the case of the former, DNJournal gets proof of the transaction before they publish it as a sale. I know because I've some of my own big sales vetted by them.

I see this being sold for 100 In a few years.

If bitcoin continues to go up or even stays the same this domain will be never go down to $100.  Someone will always be willing to spend $$ on it, even if only used as SEO.

 ;D

Perhaps your last name is Rothschild and you have a plan.. that is why.

Bet you 100 BTC that site will end up sucking and out of business within 2 years.

Im trying to sell UmbilicalCords.com and 3DProjection.com...any takers?

With the amount of traffic the keyword is getting, I think that domain is worth that much.

It was a good buy and here is why.

With the traffic and ability to turn that traffic into revenue youd have to be a screw up not to recoup the money.

That is why keyword dot com with natural traffic that is targeted is easy money and any amount from 10's of thousands to hundreds makes sense if you have half a brain.

Using Bitcoin to further your business is Bitcoin in action. If you don't have trust in your business plan you're not going to have many Bitcoins. I think this is a smart publicity stunt, showing that they're serious.

Will they have an iphone wallet?

It looks like iphone users are being forced into communal relationships with various unknown 3rd parties in order to use Bitcoin.

coincomputing.com
bitcoinhoneybadger.com
cryptobitcoin.com
litecoinlitecoin.com
bullishbitcoin.com
magicbitcoin.com

PM always welcome  :)

 Probably the investor has so much money that he invests in a lot of different projects. Its cold diversification, and in investing in multiple projects probably a few of them take off, but if so the investor is happy.

Of course.  After all, their administrators make very dumb business decisions like spending insane amounts of money for dumb domain names.

"BitcoinWallet.com - SOLD for $250,000" = It helps to increase the price of other bitcoin related domain names.

One should always be careful not to use BitcoinWallet.com service. Their primary motto will be to raise this amount buy butchering initial customers.

Mathbased.com is being sold now for $250,000 as well!

http://mathbased.com/

I own BitcoinHotWallet.com, only asking $249,999.00 USD.

Infrastructure is important. There are some great coders here, and they will be even greater if they step away from their computer and go outside. Watch and talk with people.

I can see so many people making their replies here and trying to sell their domains.
Why don't you make a new thread in auction or digital goods? :)

I almost own MyBitcoinHotWallet.com, and only asking $3,141.59 USD before I register it.

It's the "My" that is costing you over $246k, no joking there. It is funny what one little letter or word does to value, like a decimal place or 10 ;)

For example...

sex.com $XX million
mysex.com $X,XXX thousand

One-word domains and two-word domains are very different in market price. ;)

Exactly

I will own MyGreatBitcoinWallet.com if u offer me 1000 USD !!! ;)

Trezors.com  Taking offers!!    8)

NeverLoseVision, thanks for the reminder to never lose vision.  :)
Quality domain names can still be very valuable.

Better grab those .bit domains!

Digging this thread up because I'm now selling the .IO version, which is currently a Featured Domain Auction at Flippa.com. Slated to end in ~17 days.

Bid or watch the auction's progress here: https://flippa.com/5913191-com-sold-for-250k-low-reserve-premium-io-keyword-domain

domain business is a lucrative one if you're lucky and stay up to date.

but - where's the proof of the 250k sale?