Bitcoin related domain names market flooded

zedicus

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Quote from: QuarantinedMoon on August 14, 2014, 04:00:45 AM

Quote from: BTCevo on August 14, 2014, 03:56:47 AM

Quote from: QuarantinedMoon on August 14, 2014, 03:47:39 AM

buybtc.eu is not worth much because the .eu domain in my opinion. BuyBTC.com has value, and I'm not saying BuyBTC.eu has no value at all, if developed it could be a decent site, but part of the issue is in the extension...

consider that eu ie Europe speaks many different primary languages and in many BTC is not used like it is in English... for both those reasons you're struggling to pull in customers with the domain in a multi-tongued region

Most europeans know english, its taught in schools in almost every european country apart from the more eastern ones.. and there's your ticket, have a language selector to sell to all those rich europeans

I'd say the German and French markets are worth a fortune!

Thats a big generalisation on a number of levels. Not many Europeans search online in English and not that many speak English fluently... Germans and Nordic countries do but Southern Europe and France don't necessarily, nor Eastern Europe. Europeans aren't necessarily rich either... the domain isn't strong. It'd be better to have Buy(in Foreign language)Bitcoin.foreign-TLD

A website can easily make itself available in multiple languages so the language issue is not a problem. I would consider it to be a fact that around the world ".com" domains are more reputable and more commonly used then ".eu" or other domains. IMO more people will attempt to use a dot com domain before trying a dot edu.

oceans

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I feel the reason there are so many now is because they have seen that btc.com sold for 1M and now everyone wants a piece of that kind of cash so everyone is selling to try and make a huge profit. Many of them may not even be worth as much as that at all which is why they are just sitting there not being bought. It's not just about the name but also about whether it will be relevant and also if the domain is actually worth the price they want for it which includes it's age and page rank.

BTCevo

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Quote from: QuarantinedMoon on August 14, 2014, 04:00:45 AM

Quote from: BTCevo on August 14, 2014, 03:56:47 AM

Quote from: QuarantinedMoon on August 14, 2014, 03:47:39 AM

buybtc.eu is not worth much because the .eu domain in my opinion. BuyBTC.com has value, and I'm not saying BuyBTC.eu has no value at all, if developed it could be a decent site, but part of the issue is in the extension...

consider that eu ie Europe speaks many different primary languages and in many BTC is not used like it is in English... for both those reasons you're struggling to pull in customers with the domain in a multi-tongued region

Most europeans know english, its taught in schools in almost every european country apart from the more eastern ones.. and there's your ticket, have a language selector to sell to all those rich europeans

I'd say the German and French markets are worth a fortune!

Thats a big generalisation on a number of levels. Not many Europeans search online in English and not that many speak English fluently... Germans and Nordic countries do but Southern Europe and France don't necessarily, nor Eastern Europe. Europeans aren't necessarily rich either... the domain isn't strong. It'd be better to have Buy(in Foreign language)Bitcoin.foreign-TLD

The English speaking european market shouldn't be ignored though in fairness, besides all other tld's with "buybtc" are registered, therefore you cannot register your own "buybtc" domain anymore, that has to be worth something?

QuarantinedMoon

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Quote from: BTCevo on August 14, 2014, 03:56:47 AM

Quote from: QuarantinedMoon on August 14, 2014, 03:47:39 AM

buybtc.eu is not worth much because the .eu domain in my opinion. BuyBTC.com has value, and I'm not saying BuyBTC.eu has no value at all, if developed it could be a decent site, but part of the issue is in the extension...

consider that eu ie Europe speaks many different primary languages and in many BTC is not used like it is in English... for both those reasons you're struggling to pull in customers with the domain in a multi-tongued region

Most europeans know english, its taught in schools in almost every european country apart from the more eastern ones.. and there's your ticket, have a language selector to sell to all those rich europeans

I'd say the German and French markets are worth a fortune!

Thats a big generalisation on a number of levels. Not many Europeans search online in English and not that many speak English fluently... Germans and Nordic countries do but Southern Europe and France don't necessarily, nor Eastern Europe. Europeans aren't necessarily rich either... the domain isn't strong. It'd be better to have Buy(in Foreign language)Bitcoin.foreign-TLD

BTCevo

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Activity: 1834

Merit: 1008

Quote from: QuarantinedMoon on August 14, 2014, 03:47:39 AM

buybtc.eu is not worth much because the .eu domain in my opinion. BuyBTC.com has value, and I'm not saying BuyBTC.eu has no value at all, if developed it could be a decent site, but part of the issue is in the extension...

consider that eu ie Europe speaks many different primary languages and in many BTC is not used like it is in English... for both those reasons you're struggling to pull in customers with the domain in a multi-tongued region

Most europeans know english, its taught in schools in almost every european country apart from the more eastern ones.. and there's your ticket, have a language selector to sell to all those rich europeans

I'd say the German and French markets are worth a fortune!

QuarantinedMoon

full member

Activity: 148

Merit: 100

buybtc.eu is not worth much because the .eu domain in my opinion. BuyBTC.com has value, and I'm not saying BuyBTC.eu has no value at all, if developed it could be a decent site, but part of the issue is in the extension...

consider that eu ie Europe speaks many different primary languages and in many BTC is not used like it is in English... for both those reasons you're struggling to pull in customers with the domain in a multi-tongued region

Mieehayii

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Merit: 500

In fact, the real value domain is few

validium

sr. member

Activity: 350

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Decentralized thinking

Quote from: BTCevo on August 13, 2014, 10:51:16 PM

Quote from: QuarantinedMoon on August 13, 2014, 10:29:36 PM

Quote from: validium on August 13, 2014, 01:37:51 PM

The true premium bitcoin related domains are already gone, now most of the ones being sold in that section are shi**y.

Thats why most wont sell for anything more than 50$-100$.

Even so the new TLDs and some domains are still out there which are good... stuff like Bitcoin.guru, Bitcoin.TLD have potential... although unproven on Google, seems like they at least could have some purpose.

What do you guys think of buybtc.eu?

IMO its an average one i probably wouldn't spend more than 150$ on it , but who knows it might be worth alot in the next couple of months.

Fray

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Quote from: BTCevo on August 12, 2014, 05:02:00 PM

I wonder if these domains that everyone has rushed to register are actually worth anything because of the amount of them up for sale?

Probably not. As you can see from the flood of domain names available for sale, you can make a near unlimited number of domains that have "something" to do with bitcoin, plus the fact that there is a large amount of suffixes that you can use (.com, .org, .in, .co, .ceo, ect) makes the possibilities even larger. If you have a good business idea, you can likely think of a "good" name that could be associated with a domain that is not yet registered.

BTCevo

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Quote from: QuarantinedMoon on August 13, 2014, 10:29:36 PM

Quote from: validium on August 13, 2014, 01:37:51 PM

The true premium bitcoin related domains are already gone, now most of the ones being sold in that section are shi**y.

Thats why most wont sell for anything more than 50$-100$.

Even so the new TLDs and some domains are still out there which are good... stuff like Bitcoin.guru, Bitcoin.TLD have potential... although unproven on Google, seems like they at least could have some purpose.

What do you guys think of buybtc.eu?

QuarantinedMoon

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Quote from: validium on August 13, 2014, 01:37:51 PM

The true premium bitcoin related domains are already gone, now most of the ones being sold in that section are shi**y.

Thats why most wont sell for anything more than 50$-100$.

Even so the new TLDs and some domains are still out there which are good... stuff like Bitcoin.guru, Bitcoin.TLD have potential... although unproven on Google, seems like they at least could have some purpose.

validium

sr. member

Activity: 350

Merit: 250

Decentralized thinking

The true premium bitcoin related domains are already gone, now most of the ones being sold in that section are shi**y.

Thats why most wont sell for anything more than 50$-100$.

botany

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Quote from: Skoupi on August 12, 2014, 09:21:30 PM

Quote from: DavidHume on August 12, 2014, 07:04:48 PM

btc.com was sold for over 1M dollars.

As more people get into bitcoin, the price of a good domain name will keep going up. Same mentality of those hoarding coin and refusing to sell now.

That's one of the best bitcoin related domains out there. And it didn't even make it to this list: http://en.wikipedia.org/wiki/List_of_most_expensive_domain_names Tongue

We are still in the early adopter stage.
Can't be compared to sex.com. Grin

lihuajkl

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Quote from: botany on August 12, 2014, 09:12:37 PM

Quote from: DavidHume on August 12, 2014, 07:04:48 PM

btc.com was sold for over 1M dollars.

As more people get into bitcoin, the price of a good domain name will keep going up. Same mentality of those hoarding coin and refusing to sell now.

btc.com was sold for over 1M dollars. And so every cyber-squatter wants to cash out for millions. Cheesy

Definitely! If no buyers are willing to buy, the domain name is worth nothing. If you consider to invest in it, there are some important criterias.
Be short, meaningful for future business or technology, easy to remember!

QuarantinedMoon

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Some specific companies such as BitcoinDN.com CryptoNames.com SatoshiNames.com all have strong portfolios more or less and there are others too which are less active on BTCtalk. The problem is most people see all the other posts, think anyone can do it and then register crappy domain names. They don't sell and then stop doing it... but the virus has already spread because 2 other get rich quick thinkers have purchased 2 more crappy domains each and the process continues...

Skoupi

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Skoupi the Great

Quote from: DavidHume on August 12, 2014, 07:04:48 PM

btc.com was sold for over 1M dollars.

As more people get into bitcoin, the price of a good domain name will keep going up. Same mentality of those hoarding coin and refusing to sell now.

That's one of the best bitcoin related domains out there. And it didn't even make it to this list: http://en.wikipedia.org/wiki/List_of_most_expensive_domain_names Tongue

transient858

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Quote from: BTCevo on August 12, 2014, 08:12:49 PM

Quote from: DavidHume on August 12, 2014, 07:04:48 PM

btc.com was sold for over 1M dollars.

As more people get into bitcoin, the price of a good domain name will keep going up. Same mentality of those hoarding coin and refusing to sell now.

My point being that people are trying to sell, but no ones buying, and look at all the altcoins dying, and look at the bitcoin price lately, not much movement and doesn't look like it will go to the price it was at in November any time soon, wish it weren't so but I think people are losing interest in crypto from all the scamming and hacking, volitility then lack of activity..

Have to be insane to give into seller demand to pay at ridiculous price.

Why would a good domain name worth more than a few hundred/thousand dollars?

botany

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Activity: 1582

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Quote from: DavidHume on August 12, 2014, 07:04:48 PM

btc.com was sold for over 1M dollars.

As more people get into bitcoin, the price of a good domain name will keep going up. Same mentality of those hoarding coin and refusing to sell now.

btc.com was sold for over 1M dollars. And so every cyber-squatter wants to cash out for millions. Cheesy

BTCevo

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Activity: 1834

Merit: 1008

Quote from: DavidHume on August 12, 2014, 07:04:48 PM

btc.com was sold for over 1M dollars.

As more people get into bitcoin, the price of a good domain name will keep going up. Same mentality of those hoarding coin and refusing to sell now.

My point being that people are trying to sell, but no ones buying, and look at all the altcoins dying, and look at the bitcoin price lately, not much movement and doesn't look like it will go to the price it was at in November any time soon, wish it weren't so but I think people are losing interest in crypto from all the scamming and hacking, volitility then lack of activity..

DavidHume

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btc.com was sold for over 1M dollars.

As more people get into bitcoin, the price of a good domain name will keep going up. Same mentality of those hoarding coin and refusing to sell now.

Topic: Bitcoin related domain names market flooded (Read 1695 times)