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

[Harley997]

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

The buyer would need to invest in infrastructure and create an actual business in order to reap any potential benefits to the domain name.

[yayayo]

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

The buyer would need to invest in infrastructure and create an actual business in order to reap any potential benefits to the domain name.

The buyer could do that to maximize returns. However I predict if bitcoin gains significant momentum even income from advertising alone could justify the price. 'Satoshi' will generate a whole lot of search volume of which a big portion will be directed at that domain, if the owner doesn't handle the landing page like a complete noob.  It would also be possible to put the domain up for rental.

ya.ya.yo!

[newIndia]

I just checked some interesting fact. Except for Satoshi.xxx almost all domain estensions are booked

[Harley997]

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

The buyer would need to invest in infrastructure and create an actual business in order to reap any potential benefits to the domain name.

The buyer could do that to maximize returns. However I predict if bitcoin gains significant momentum even income from advertising alone could justify the price. 'Satoshi' will generate a whole lot of search volume of which a big portion will be directed at that domain, if the owner doesn't handle the landing page like a complete noob.  It would also be possible to put the domain up for rental.

ya.ya.yo!

If all you have is advertisements on your website and no actual content then people would have no incentive to return to your page once they see it is just ads. They will also be sure to avoid the website in the future.

On the other hand if you were to have an actual business on the domain then people could "stumble" upon the site, essentially free advertising

[freedomno1]

Well I wonder what they will put on satoshi.com
A history of Bitcoin or some sort of marketplace.

[coa032]

what do you think..for how much I can sell domain "BitcoinObject.com"? I have seen that bitcoin domains going well

[freedomno1]

what do you think..for how much I can sell domain "BitcoinObject.com"? I have seen that bitcoin domains going well

Depends I guess what type of site would someone make about a Bitcoin Object?
Satoshi is a no brainer Bitcoin.com as well
The challenge is when words get added to it so probably more if you make something on it.

[coa032]

what do you think..for how much I can sell domain "BitcoinObject.com"? I have seen that bitcoin domains going well

Depends I guess what type of site would someone make about a Bitcoin Object?
Satoshi is a no brainer Bitcoin.com as well
The challenge is when words get added to it so probably more if you make something on it.

Yup I know...but I am not really in domains so I am not quite sure about prices and I am not website expert, just daytrader. I have registered the domain about hour ago, few mins after I read about this, just for fun. But of course if I could sell it for few hundred bucks or even more, why not.

[InwardContour]

what do you think..for how much I can sell domain "BitcoinObject.com"? I have seen that bitcoin domains going well

Depends I guess what type of site would someone make about a Bitcoin Object?
Satoshi is a no brainer Bitcoin.com as well
The challenge is when words get added to it so probably more if you make something on it.

I don't think domain names themselves have very much value unless there is a good business attached to them, meaning that a good business has a website at the domain name

[yayayo]

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

The buyer would need to invest in infrastructure and create an actual business in order to reap any potential benefits to the domain name.

The buyer could do that to maximize returns. However I predict if bitcoin gains significant momentum even income from advertising alone could justify the price. 'Satoshi' will generate a whole lot of search volume of which a big portion will be directed at that domain, if the owner doesn't handle the landing page like a complete noob.  It would also be possible to put the domain up for rental.

ya.ya.yo!

If all you have is advertisements on your website and no actual content then people would have no incentive to return to your page once they see it is just ads. They will also be sure to avoid the website in the future.

On the other hand if you were to have an actual business on the domain then people could "stumble" upon the site, essentially free advertising

Your statements are not wrong, however consider this: Even if you get 10k (wild guess) accidental one-time visitors monthly just because of searches for the keyword 'Satoshi', the pool of potential future visitors is still extremely large (millions-billions) - so even if none of these visitors returns it won't affect visits on your site negatively for a long time. In addition modern advertising does not have to be blatant. You could also just copy & paste a wikipedia article and add context sensitive ads...

Of course that is not something to be proud of, and a proper project would generate more revenue. I just wanted to point out that the domain sale was not overpriced given the (future) quality of the keyword 'Satoshi' and might even be profitable for the lazy guy.

ya.ya.yo!

[bitcasino]

Satoshi.com is not a type-in domain name like bitcoinwallet.com, that's one of the reason why it was sold only for $75,000.

[mike25]

Satoshi.com is not a type-in domain name like bitcoinwallet.com, that's one of the reason why it was sold only for $75,000.

Quite right! That's why I originally said $75k acquisition is relatively cheap.

[Stevenrm87]

I own CoinBlack.com   CoinChair.com   CryptoGirl.com      CoinPapi.com   These will sell for a nice amount one day I hope.

[InwardContour]

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

The buyer would need to invest in infrastructure and create an actual business in order to reap any potential benefits to the domain name.

The buyer could do that to maximize returns. However I predict if bitcoin gains significant momentum even income from advertising alone could justify the price. 'Satoshi' will generate a whole lot of search volume of which a big portion will be directed at that domain, if the owner doesn't handle the landing page like a complete noob.  It would also be possible to put the domain up for rental.

ya.ya.yo!

If all you have is advertisements on your website and no actual content then people would have no incentive to return to your page once they see it is just ads. They will also be sure to avoid the website in the future.

On the other hand if you were to have an actual business on the domain then people could "stumble" upon the site, essentially free advertising

Your statements are not wrong, however consider this: Even if you get 10k (wild guess) accidental one-time visitors monthly just because of searches for the keyword 'Satoshi', the pool of potential future visitors is still extremely large (millions-billions) - so even if none of these visitors returns it won't affect visits on your site negatively for a long time. In addition modern advertising does not have to be blatant. You could also just copy & paste a wikipedia article and add context sensitive ads...

Of course that is not something to be proud of, and a proper project would generate more revenue. I just wanted to point out that the domain sale was not overpriced given the (future) quality of the keyword 'Satoshi' and might even be profitable for the lazy guy.

ya.ya.yo!

It is a fundamental concept of economics that the best customers to a business are the repeat customers. If no one returns to your website then the ad revenue will dwindle.

You are correct to say that the pool of potential accidental visitors is still extremely large but even a million hits to a website would not generate $75k in ad revenue.

[Harley997]

Satoshi.com is not a type-in domain name like bitcoinwallet.com, that's one of the reason why it was sold only for $75,000.

I would think that it would get a lot of "accidental" hits from web searches, and the like. The domain would essentially be a form of free advertising.

[Jubettarr]

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

I realy don't think anybody on this forum need this explanation

[mike25]

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

I realy don't think anybody on this forum need this explanation

It's just a note. Let's not make any assumptions.
Moreover, thread is not about Satoshi's first name.