I bought bitcoind.com a year ago, it was a hopefull time and the bitcoin price surge, so many bitcoin apps spring up.
I was full of expectations for Bitcoin, I finally got this domain after arduous negotiations.
I thought about how to use this domain name, to build a mining pool, a blockchain site, a online wallet or a payment solution gateway.
I'm a programmer, familiar with PHP and Ruby, I knew that blockchain, payment, mining and wallet all those have a similar business. I thought I should create a different service.
A bitcoin social site came into my mind, I thought bitcoin should have its own social site, we can share our bitcoin activities, write bitcoin blogs and create crypto currency groups, like facebook and bitcointalk.
A social website for bitcoin was online after a few months, I put a great deal of time and effort on this site. I was feeling relaxed after site online.
I'm not a good operator, I know very little about how to promote website, The weakness of this disadvantage was showing later, bitcoind.com only have 87 users in the past six months.
I still do not know whether bitcoin should have its own social site, yes, we have facebook and twitter, we have more choices to choose.
Maybe I should't use bitcoind.com to build a social site, cast pearls before swine.
Thanks for sharing your experiences.
Yes. A social site was probably not the greastest idea, but you tried anyway. That sets you apart from all of those "if-only" dudes out there.
Maybe before your next project (there always is a next project.), you could put a bit more attention to market research and have your business model reviewed before going all-in. Don´t try to reinvent the wheel. Maybe ask yourself not only what people could want/need, but also if your solution is better then the alternatives that are available.
Anyway, I wish you good luck and I am looking forward to see what you will be up to next.
HerrAndreas.
