Satoshi.com Sells On Sedo.com For $75,000

[mike25]

http://www.thedomains.com/2014/07/02/creator-of-bitcoin-protocol-domain-name-satoshi-com-sells-on-sedo-com-for-75000/

For people who don't know, Satoshi is the first name of BitCoin protocol creator.

[jonald_fyookball]

a commenter there says

Ramahn says

JULY 2, 2014 AT 2:39 PM

Nice sale. I’m fascinated with the whole bitcoin craze because I (still) just don’t get it. It kinda reminds me of the bitTorrent craze back in the day, and my college roommates showing me how to download movies and music on our computers. But I don’t understand the trust behind bitcoins. They have no backing. Everyone can’t own them and they’ll never replace actual money. So my question is, do the majority of you use bitcoin for convenience such as online shopping? Or have you been buying as an investment; planning to sell when the values go up?

If I’m wrong on any of this then please educate me.

SOMEONE PLEASE EDUCATE HIM!

[CoinHeavy]

Interesting sale.  Seen any other bitcoin-related domains go for $10,000+ recently?

[mike25]

a commenter there says

Ramahn says

JULY 2, 2014 AT 2:39 PM

Nice sale. I’m fascinated with the whole bitcoin craze because I (still) just don’t get it. It kinda reminds me of the bitTorrent craze back in the day, and my college roommates showing me how to download movies and music on our computers. But I don’t understand the trust behind bitcoins. They have no backing. Everyone can’t own them and they’ll never replace actual money. So my question is, do the majority of you use bitcoin for convenience such as online shopping? Or have you been buying as an investment; planning to sell when the values go up?

If I’m wrong on any of this then please educate me.

SOMEONE PLEASE EDUCATE HIM!

If he still doesn't get it, probably it's not worth educating him about Bitkoins.

[mike25]

Interesting sale.  Seen any other bitcoin-related domains go for $10,000+ recently?

Many I guess, some are listed here:

CoinNews.com   $27,500    Apr-14
BitCoin.com.au   $23,000    Apr-14
Coinify.com   $10,000    Apr-14
CoinPlus.com   $5,000    Apr-14
ExchangeBTC.com   $XX,XXX   Mar-14
LightCoin.org   $X,XXX   Mar-14
MultiSig.com   $X,XXX   Mar-14
BCoin.com   $8,600    Mar-14
CoinZone.com   $5,000    Mar-14

Bitkoin domains are selling like hot cakes.

[Bit_Happy]

Interesting sale.  Seen any other bitcoin-related domains go for $10,000+ recently?

Many I guess, some are listed here:

CoinNews.com   $27,500    Apr-14
BitCoin.com.au   $23,000    Apr-14
Coinify.com   $10,000    Apr-14
CoinPlus.com   $5,000    Apr-14
ExchangeBTC.com   $XX,XXX   Mar-14
LightCoin.org   $X,XXX   Mar-14
MultiSig.com   $X,XXX   Mar-14
BCoin.com   $8,600    Mar-14
CoinZone.com   $5,000    Mar-14

Bitkoin domains are selling like hot cakes.

Good to know, since I have a couple domains to maybe sell soon. 

[TrailingComet]

Indeed, me too

Bitcoin hype cycle = Domain $ (hopefully)

[CoinCube]

Humm I own CoinCube.com wonder what that would go for these days

[epere]

I know that website over, however I would just like to say that this is a great website and I am lucky to be one of the first ones to ever spin!

[Cranky4u]

Great news on commercial sector confidence for BTC and alt coins

[Lorenzo]

Not a terrible price considering that if Bitcoin usage expands, more and more things will be dealt with satoshis rather than full bitcoins.

It would have been valuable pre-Bitcoin too since Satoshi is a first name. Just like Jack.com.

[cryptopaths]

Interesting sale.  Seen any other bitcoin-related domains go for $10,000+ recently?

A little while back bitcoinwallet.com sold for 250k. A lot of people thought this was way to expensive for the domain but I think the person got it on the cheap for what it's worth.

[Swordsoffreedom]

Ha-ha-ha
I actually smiled when I read this thank you for sharing this was a good laugh
Now I know where satoshi went

[viboracecata]

wow, amazing deal, but I still congratulate both seller and buyer

[Coef]

a commenter there says

Ramahn says

JULY 2, 2014 AT 2:39 PM

Nice sale. I’m fascinated with the whole bitcoin craze because I (still) just don’t get it. It kinda reminds me of the bitTorrent craze back in the day, and my college roommates showing me how to download movies and music on our computers. But I don’t understand the trust behind bitcoins. They have no backing. Everyone can’t own them and they’ll never replace actual money. So my question is, do the majority of you use bitcoin for convenience such as online shopping? Or have you been buying as an investment; planning to sell when the values go up?

If I’m wrong on any of this then please educate me.

SOMEONE PLEASE EDUCATE HIM!

I always see those "bitcoin has no backing" and "bitcoin has no intrinsic value" comments everywhere...

[mike25]

$75k is quite cheap compared to the benefits the buyer would reap in the long term.

[yayayo]

$75k is quite cheap compared to the benefits the buyer would reap in the long term.

I also think that this is quite cheap, considering that Satoshi is also the smallest denomination of a Bitcoin. Search volume for 'Satoshi' should already be significant in these early days.....imagine how it will go up if Bitcoin achieves worldwide adoption...

Long live Satoshi, the Creator of all Bitcoin!


ya.ya.yo!

[m@x]

BTC.com has been bought by an australian company in what seems to be a private sale.

[mike25]

BTC.com has been bought by an australian company in what seems to be a private sale.

Great news. I heard about the domain on the market.

Any idea on the deal size?

[Nerazzura]

a commenter there says

Ramahn says

JULY 2, 2014 AT 2:39 PM

Nice sale. I’m fascinated with the whole bitcoin craze because I (still) just don’t get it. It kinda reminds me of the bitTorrent craze back in the day, and my college roommates showing me how to download movies and music on our computers. But I don’t understand the trust behind bitcoins. They have no backing. Everyone can’t own them and they’ll never replace actual money. So my question is, do the majority of you use bitcoin for convenience such as online shopping? Or have you been buying as an investment; planning to sell when the values go up?

If I’m wrong on any of this then please educate me.

SOMEONE PLEASE EDUCATE HIM!

ou are absolutely right, for myself I just bought btc and sell it back when the price is high. or invest in some reliable sites denagn benefits so message stiap week or month. however, you do not Takur now bitcoin has been used for online payments either for goods or services. some even accept for the hospitality. are not many, but this is someone who is very good beginning, right