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Author Topic: The Dangerous State of Bitcoin (.com)  (Read 8461 times)
the founder
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October 31, 2011, 02:22:47 PM
 #81

back to the topic. 

Tradehill isn't going to monopolize the market with a domain name.     

Google doesn't give preference to .com's over .net or .org's...  people and some devices do however like your iphone has a .com button but nothing as such for .org or .net (or .biz or .me or dot.whatever)

that being stated,  tradehill isn't the anti-christ of companies.   they are just trying to establish market share,  and bitcoin.com appears to be the way they did it.   

From my understanding (someone correct me if I am wrong)  but they bought the domain name for $6,000 USD about 1/2 a year ago

the domain name is most likely worth about that... for branding purposes... not for SEO or "to take over the market" purposes.

Bitcoin.com is just another flexcoin.com  ..  it's the same concept,  and based on the "trust factor"  that we so gleefully received...  IE:  "it's not hosted on my desktop, it's a scam,  it's a ponzi scheme,  it's blah blah"  the adoption rate most likely will be similar.   It will score a moderate success,  it will most likely have a few thousand users,  it might solidify their position as the second largest exchange. 

But as far as "this is the new client"  and "tradehill is going to hijack an opensource program"  the answer is no.


Every penny of legitimate investment that goes into bitcoin isn't a bad thing.   






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October 31, 2011, 09:19:37 PM
 #82

Did the founders of Bitcoin not have the foresight to register bitcoin.com at the same time they registered bitcoin.org?
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October 31, 2011, 09:39:24 PM
 #83

Troll thread, the correct website is only one, the fact that someone own bitcoin.com means nothing if it isn't the right site.
People should learn to check the website, the fact that it has bitcoin in the name means nothing.

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October 31, 2011, 10:41:53 PM
 #84

Does anyone here go to shopping.com, internet.com, books.com, news.com ...
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October 31, 2011, 11:22:25 PM
 #85

Does anyone here go to shopping.com, internet.com, books.com, news.com ...

Probably yes, if you take into account that news.com redirects to news.cnet.com, books.com redirects to barnsandnoble.com and shopping.com is a price comparison site owned by ebay...

Internet.com Alexa ank
Global 2,914
Japan 389

Shopping.com Alexa Rank
Global 1,297   
United States 901

News.com Alexa Rank
Global 83   
United States 48

Not everything is as linear as one think, if we take into account that most browsers will redirect you to the .com site of the word you type if the site exists.

But I agree that there's nothing that special in owning Bitcoin.com or that it is a real danger.

People should freak out more about the fact that MtGox is trademarking the word Bitcoin wherever it is not trademarked yet...

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October 31, 2011, 11:40:46 PM
 #86

Tradehill, a business venture which has capitalized on the success of Bitcoins, has acquired bitcoin.com <link removed>

Due to the success of Tradehill's bitcoin.com "community aspect" or services, and due to Google's preference of a .com over .org, "bitcoin.com" takes first place for "bitcoin" searches.  This forces bitcoin.org to second place, and eventually third behind Wikipedia's own Bitcoin entry.

And by linking to bitcoin.com, you've just increased its Google juice.

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October 31, 2011, 11:42:23 PM
 #87

Troll thread, the correct website is only one, the fact that someone own bitcoin.com means nothing if it isn't the right site.
People should learn to check the website, the fact that it has bitcoin in the name means nothing.
Not really.  If all internet users were savvy and checked where they were, then none of the phishing scams would work.  Yet they are alive and going strong...

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