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Author Topic: Does BTC.com Really Worth $1 Million? AND What Would You Do With it?  (Read 1836 times)
bitcasino
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August 12, 2014, 12:56:45 PM
 #21

I'd have to believe it's a calculated risk and potentially could bring a large return of the initial investment.  The domain name could be worth a large amount if Bitcoin really catches on in the long term.
If BTC goes to $100,000, do you think BTC.com will be worth $200,000,000? The most valuable domain name ever sold was insurance.com for $35 million. I think potential gains in the bitcoin price will outpace any potential gains in a domain name.
Thank you for the good information, but too late... BTCinsurance.com already taken  Cry

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Painful Truth
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August 12, 2014, 02:43:19 PM
 #22

The bitcoin domain name BTC.com was sold to Josh Garza of GAWMiners for a whooping $1 million dollars a few days ago! Do you think it's worth $1M, MORE or LESS? and what would you do with it if it was yours?

In the long term if marketed well it is worth 1 Million. It could become one of the most visited sites if Bitcoin gets real mainstream adoption.

What i would do with it? A site like Bitcoin.com but with a lot more resources like exchange rates, charts, wallet reviews, security tips, educational material, etc...
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August 12, 2014, 08:30:40 PM
 #23

currently it does not worth that much don`t know what will be in the future depends of course on the value of bitcion
validium
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August 14, 2014, 06:31:31 AM
 #24

If that guy thinks its worth that much then it probably is. For monetization, i would list a couple of exchanges on it coz alot of exchanges would pay top dollar to get listed on such a  premium domain.

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August 14, 2014, 07:27:20 AM
 #25

If that guy thinks its worth that much then it probably is. For monetization, i would list a couple of exchanges on it coz alot of exchanges would pay top dollar to get listed on such a  premium domain.

Not really. Perceived value =/= actual/intrinsic value. Some people are willing to pay significantly more than market price just because they want it so badly they are willing to pay a mark up, want to beat the bids of competitors by a significant margin so that they scare away the other bidders or because they've been conned.
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August 15, 2014, 03:37:28 AM
 #26

If that guy thinks its worth that much then it probably is. For monetization, i would list a couple of exchanges on it coz alot of exchanges would pay top dollar to get listed on such a  premium domain.

Not really. Perceived value =/= actual/intrinsic value. Some people are willing to pay significantly more than market price just because they want it so badly they are willing to pay a mark up, want to beat the bids of competitors by a significant margin so that they scare away the other bidders or because they've been conned.
I don't think either of these are right. If the buyer has a good business idea that can potentially make well over a million dollars in profit given sufficient volume to their website then the domain is a good investment if it is one that would generate enough "natural" traffic that is traffic that doesn't need to be generated via ads.

I wold highly doubt that the domain was purchased as a way to "scare" other bidders away. This is a very ineffective way to bid and can end up being very ineffective.
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August 15, 2014, 05:30:54 AM
 #27

1 million maybe not, several thousands is likely but before reaching these values we must wait almost ten years.

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August 15, 2014, 07:27:55 AM
 #28

I imagine it gets significant traffic from people typing in BTC.com in their browsers.
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August 15, 2014, 09:56:19 PM
 #29

They could do plenty of things with it, a exchange, news site, tutorials, faucets, whatever. Tons of content. BTC.com will easily be on top of the search engines.

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August 16, 2014, 12:21:24 AM
 #30

Anyone have any info on bitcoin or bitcoins.com?  Those I think would be worth more. People who don't know bitcoins won't even know to type BTC as the abbreviation I don't think.

That being said if there was something like my gox at BTC.com I think it'd be successful. If you're going to pay that much you have to have a plan to use it.
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August 16, 2014, 08:30:54 AM
 #31

The bitcoin domain name BTC.com was sold to Josh Garza of GAWMiners for a whooping $1 million dollars a few days ago! Do you think it's worth $1M, MORE or LESS? and what would you do with it if it was yours?

Gawminers has already gotten back the investment because of the publicity spotlight they received for the deal.


Sheldor333
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August 16, 2014, 04:13:52 PM
 #32

I would say yes, because the person buying it has something smart planned to do with it, so he will probably even earn way more then that over time. It's an investment.

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August 17, 2014, 03:59:00 PM
 #33

The bitcoin domain name BTC.com was sold to Josh Garza of GAWMiners for a whooping $1 million dollars a few days ago! Do you think it's worth $1M, MORE or LESS? and what would you do with it if it was yours?

Apparently one the best investments in the world is finding the subjects which have the potential to become hot in the future, buy a domain related to them, then sell them at the right time.
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August 17, 2014, 04:20:47 PM
 #34

The bitcoin domain name BTC.com was sold to Josh Garza of GAWMiners for a whooping $1 million dollars a few days ago! Do you think it's worth $1M, MORE or LESS? and what would you do with it if it was yours?

Gawminers has already gotten back the investment because of the publicity spotlight they received for the deal.
I am not sure this publicity is worth quite $1 million. In order for this to be the case they would need to have made at least $1 million in additional profits that they would not otherwise have made. I would highly doubt that this is the case.
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