Crypto related domain names

[Jet Cash]

I haven't been able to find a good informed discussion about Crypto related domain names, so I hope this is a good place to start one. I must declare a vested interest here as I have about 40 .com names at the moment, and I'm letting some xyz names drop shortly.

Bitcoin is an interesting phenomenon, and it has certainly caused a major revolution in the banking world. There has been considerable debate about the creation of Bitcoin, and one current theory that seems to be gaining traction is that it was created by globalist bankers, and it is a beta test for a new world currency. However, this thread is not about the creation of Bitcoin, but about the changes in the value of crypto domain names as new products are created, and as they gain popularity.  We have seen a dramatic rise in the value of good Bitcoin names, and XBT.COM is current on offer for a seven figure sum. We have also seen a gold rush into crypto names, and the subsequent dropping of many of the names registered during the state of euphoria.

We now seem to be entering a new phase in the crypto currency world. With government backed creations like the Royal Mint Gold blockchain, and the Venezuelan Petro.I think there is scope for investment in selected names to help prospective users to understand the ramifications of the new issues. Bitcoin is maturing, and it looks as if it may become a mainstream store of wealth. This will create a need  for more investment advice in the future.

What do you think of the current crypto domain name market? Are we still in a gold rush phase, or is the market stabilising with limited investment possibilities?

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[8xbt.com]

It is in a gold rush phase as you mention, the seven figure sum for xbt.com is just a starting price, it can be higher. Even my 8xbt.com and freexbt.com with several countries+bitcoin.com receive many offers.

[Jet Cash]

It is in a gold rush phase as you mention, the seven figure sum for xbt.com is just a starting price, it can be higher. Even my 8xbt.com and freexbt.com with several countries+bitcoin.com receive many offers.

That's interesting. I've got some Bitcoin names like BitcoinUncovered.com, BitcoinVirus.com, BitcoinScammer.com and probably a couple of dozen others, but I haven't received any offers for them. This is probably because I have privacy enabled, and I have put them intany active market places. I didn't pick up any XBT names, as there seems to be a bit of confusion about the international code to be used. XE and various other sites use XBT, so that is probably the best, But the Bitcoin community seems to use BTC, although Bitcoin Cash has caused abit ofconfusion with this.

It looks as if I might have missed out on this. Here are some prices on one market site

Available Domains
 
Domain             Remaining  Type             PayPlan  Private  Created   Current  Reserve  Max/Buy Now
                              
cboexbt.com   206 days   Offer/Counter   No   No   2017   N/A                  $990.00   $990.00   
instantxbt.com   233 days   Offer/Counter   No   No   2017   N/A               None           $4,998.00   
quickxbt.com   233 days   Offer/Counter   No   No   2017   N/A                  None           $4,998.00   
lexbtc.com           310 days   Offer/Counter   Yes   No   2017   N/A                Hidden   $3,999.00   
sendxbt.com   321 days   Offer/Counter   No   No   2014   N/A                  None           $4,998.00   
xbt-wine.com   345 days   Offer/Counter   No   No   2018   N/A                  $975.00   $975.00

[8xbt.com]

It is in a gold rush phase as you mention, the seven figure sum for xbt.com is just a starting price, it can be higher. Even my 8xbt.com and freexbt.com with several countries+bitcoin.com receive many offers.

That's interesting. I've got some Bitcoin names like BitcoinUncovered.com, BitcoinVirus.com, BitcoinScammer.com and probably a couple of dozen others, but I haven't received any offers for them. This is probably because I have privacy enabled, and I have put them intany active market places. I didn't pick up any XBT names, as there seems to be a bit of confusion about the international code to be used. XE and various other sites use XBT, so that is probably the best, But the Bitcoin community seems to use BTC, although Bitcoin Cash has caused abit ofconfusion with this.

It looks as if I might have missed out on this. Here are some prices on one market site

Available Domains
 
Domain             Remaining  Type             PayPlan  Private  Created   Current  Reserve  Max/Buy Now
                              
cboexbt.com   206 days   Offer/Counter   No   No   2017   N/A                  $990.00   $990.00   
instantxbt.com   233 days   Offer/Counter   No   No   2017   N/A               None           $4,998.00   
quickxbt.com   233 days   Offer/Counter   No   No   2017   N/A                  None           $4,998.00   
lexbtc.com           310 days   Offer/Counter   Yes   No   2017   N/A                Hidden   $3,999.00   
sendxbt.com   321 days   Offer/Counter   No   No   2014   N/A                  None           $4,998.00   
xbt-wine.com   345 days   Offer/Counter   No   No   2018   N/A                  $975.00   $975.00

Not just xe use XBT now, since cboe use the xbt symbol, there is xbt usage everywhere, such etrade, tradestation, etc.

[Jet Cash]

My New Year's resolution was to stop chasing other people's concepts, but I liked your XBT keyword. I've just picked up XBTkiosk.com for reg fee, and BitconKiosk.com is for sale at $6,817, so I'm grateful for the suggestion.

btw 88xbt.com dropped 18 days ago.

[8xbt.com]

My New Year's resolution was to stop chasing other people's concepts, but I liked your XBT keyword. I've just picked up XBTkiosk.com for reg fee, and BitconKiosk.com is for sale at $6,817, so I'm grateful for the suggestion.

btw 88xbt.com dropped 18 days ago.

It is actually the same guy owning both 88xbt and 888xbt before.

[psibenik]

It's a really a shame people are snapping up all the decent .com related crypto domains. Hope to see this kind of practice made illegal by ICANN.

[Jet Cash]

It's a really a shame people are snapping up all the decent .com related crypto domains. Hope to see this kind of practice made illegal by ICANN.

What a strange comment - should Supermarkets be allowed to buy food to sell on at a profit? How about all those people buying Bitcoin, and saving them.

What really annoys me about domain names is when a great name is registered, and somebody puts a Mickey Mouse site on it. and they won't sell it for proper development.

It takes a lot of time and skill to find decent domain names. Would you spend 3 hours looking through lists, and not buying anything?

[aleksej996]

I always thought that they are overpriced for the long term investment. Not because of the hype either.

If Bitcoin really becomes something very big and widely used, it will likely not be the center of attention.
I don't see it as a product in that time, but as a tool.

I could be wrong, but it seems to me like Bitcoin will simply be used for everything and therefor putting it into your name will be similar to putting a word "Internet" or "website" in your name. My point being that words mean little once there is noting to communicate with them. Bitcoin might simply be implied when you start a website in the future.

[Jet Cash]

I don't think Bitcoin is going to be the only crypto in the world following the end of fiat. We can see a number of government initiatives appearing. Royal Mail Gold for example, and it's difficult to see the direction that the gold backed Renminbi will take. The venezuelan "petro" may never get off the ground. Also, I believe that some of the parallel coins will survive ( what others call forks. ). SDRs willbe used for inter government transfers.

[krigger]

It's a really a shame people are snapping up all the decent .com related crypto domains. Hope to see this kind of practice made illegal by ICANN.

What a strange comment - should Supermarkets be allowed to buy food to sell on at a profit? How about all those people buying Bitcoin, and saving them.

What really annoys me about domain names is when a great name is registered, and somebody puts a Mickey Mouse site on it. and they won't sell it for proper development.

It takes a lot of time and skill to find decent domain names. Would you spend 3 hours looking through lists, and not buying anything?

There are already laws against cybersquatting.

[Jet Cash]

There are already laws against cybersquatting.

Cybersquatting is a different issue, and it is deprecated in the domain name industry.

[bitcoinposts]

After bitcoin raise now bitcoin domains are on rising now crypto domains names skyrocketed

[Jet Cash]

It looks as if we are having a "correction" in the crypto domain name world. I'm finding what I consider to be reasonable in the mud at the bottom of the expiry cycle. Some examples of these are -

XBTkiosk.com - XBT is the ticker code for Bitcoin
NewCoinWeek.com - Coin Week is a site for traditional coin collectors - nothing about crypto
BlockError.com - Could be a tech site, or maybe just a blog
RippleCreation.com - I don't know anything about Ripple, but it seemed to be worth reg fee
EasyBitcoinMining.com - Does such a things still exist?

[krigger]

There are already laws against cybersquatting.

Cybersquatting is a different issue, and it is deprecated in the domain name industry.

What's the difference between cybersquatting and domain parking?

[Jet Cash]

Cybersquatting is registering a trademarked or business use name with the intention of selling it for profit to the rightful owner of the mark. Wikipedia defines it here -
https://en.wikipedia.org/wiki/Cybersquatting

Parking is the hosting of a domain, and placing a lander page on the site pending sale or development. Here is one of my parking pages -

Bitcoin Knife

A parking page may ( and usually has) got paid advertising links and banners, and a domain for sale link.

[krigger]

Cybersquatting is registering a trademarked or business use name with the intention of selling it for profit to the rightful owner of the mark. Wikipedia defines it here -
https://en.wikipedia.org/wiki/Cybersquatting

Parking is the hosting of a domain, and placing a lander page on the site pending sale or development. Here is one of my parking pages -

Bitcoin Knife

A parking page may ( and usually has) got paid advertising links and banners, and a domain for sale link.

So if you create a domain before a business is even created then it's not cybersquatting?

[Jet Cash]

Cybersquatting is registering a trademarked or business use name with the intention of selling it for profit to the rightful owner of the mark. Wikipedia defines it here -
https://en.wikipedia.org/wiki/Cybersquatting

Parking is the hosting of a domain, and placing a lander page on the site pending sale or development. Here is one of my parking pages -

Bitcoin Knife

A parking page may ( and usually has) got paid advertising links and banners, and a domain for sale link.

So if you create a domain before a business is even created then it's not cybersquatting?

It's not really the creation, but the reason for the creation. If the main purpose of the registration was to attempt to sell the name to a trademark owner, then that can be considered as a "bad faith" registration, and you could have the name taken away from you.

There are some interesting anomalies though. Allowing a name to expire and drop is considered as showing a lack of interest in the name, and can be a defence in a bad faith case. Of course the normal commercial laws still apply, and misuse of the name could be considered as "passing off".

When a name drops and is re-registered, then the age of the name starts at the time of the registration. However, if the name is purchased in an expired auction, and it isn't allowed to drop, then it retains its age. For example, last December I bought TissueNews.com in an expired auction, and that name had been in continuous use since 1999. When the name was transferred to me, then the age came with it. This can be helpful if one is defending a trademark action.

[krigger]

Cybersquatting is registering a trademarked or business use name with the intention of selling it for profit to the rightful owner of the mark. Wikipedia defines it here -
https://en.wikipedia.org/wiki/Cybersquatting

Parking is the hosting of a domain, and placing a lander page on the site pending sale or development. Here is one of my parking pages -

Bitcoin Knife

A parking page may ( and usually has) got paid advertising links and banners, and a domain for sale link.

So if you create a domain before a business is even created then it's not cybersquatting?

It's not really the creation, but the reason for the creation. If the main purpose of the registration was to attempt to sell the name to a trademark owner, then that can be considered as a "bad faith" registration, and you could have the name taken away from you.

There are some interesting anomalies though. Allowing a name to expire and drop is considered as showing a lack of interest in the name, and can be a defence in a bad faith case. Of course the normal commercial laws still apply, and misuse of the name could be considered as "passing off".

When a name drops and is re-registered, then the age of the name starts at the time of the registration. However, if the name is purchased in an expired auction, and it isn't allowed to drop, then it retains its age. For example, last December I bought TissueNews.com in an expired auction, and that name had been in continuous use since 1999. When the name was transferred to me, then the age came with it. This can be helpful if one is defending a trademark action.

So if I created the name to sell to someone other than the trademark owner then it is legal?

[Jet Cash]

So if I created the name to sell to someone other than the trademark owner then it is legal?

It's always "legal", but you have to be careful not to contravene trading laws when usin the name.

As a piece of advice, I would advise against registering a name with one specific customer in mind. It is better to go for names with a number of potential buyers. If there is only one buyer, you run the risk of being stuck with it if he says "no thanks".