Topic: BitcoinWallet.com - SOLD for $250,000 - page 2. (Read 8900 times)
Will they have an iphone wallet?
Wow! I find it hard to imagine that will pay off. Why not just invest the $250,000 in bitcoin instead?
Because most finance entrepreneurs don't give a flying fuck about Bitcion. They're just trying to make money off the latest fad. Therefor their stupidity kicks in, and they treat this like any other startup. Even if that means blowing $250k on a domain name. Their trust is in the "Business Plan" and their own ability to grow a business. Bitcoin is just a tool for most of them. No awareness of investing in Bitcoin instead, and sitting on 200 million in 10 years. To them the thought of that happening is absurd. Using Bitcoin to further your business is Bitcoin in action. If you don't have trust in your business plan you're not going to have many Bitcoins. I think this is a smart publicity stunt, showing that they're serious.
It was a good buy and here is why.
With the traffic and ability to turn that traffic into revenue youd have to be a screw up not to recoup the money.
That is why keyword dot com with natural traffic that is targeted is easy money and any amount from 10's of thousands to hundreds makes sense if you have half a brain.
With the traffic and ability to turn that traffic into revenue youd have to be a screw up not to recoup the money.
That is why keyword dot com with natural traffic that is targeted is easy money and any amount from 10's of thousands to hundreds makes sense if you have half a brain.
With the amount of traffic the keyword is getting, I think that domain is worth that much.
Im trying to sell UmbilicalCords.com and 3DProjection.com...any takers?
Bet you 100 BTC that site will end up sucking and out of business within 2 years.
Wow! I find it hard to imagine that will pay off. Why not just invest the $250,000 in bitcoin instead?
I'm hoping Namecoin takes off and .bit becomes the de facto extension for crypto related ventures. I listed a few domains very recently on dotbit.me such as donations.bit, payment.bit, remittance.bit, etc for between 0.05 and 0.1 BTC.
I'm hoping Namecoin takes off and .bit becomes the de facto extension for crypto related ventures. I listed a few domains very recently on dotbit.me such as donations.bit, payment.bit, remittance.bit, etc for between 0.05 and 0.1 BTC.
Perhaps your last name is Rothschild and you have a plan.. that is why.
That's a crazily expensive investment for a domain that's so general if you're trying to start a BTC wallet business.
I can't see it paying off, but who knows...
I can't see it paying off, but who knows...
I see this being sold for 100 In a few years.
If bitcoin continues to go up or even stays the same this domain will be never go down to $100. Someone will always be willing to spend $$ on it, even if only used as SEO.
That's a crazily expensive investment for a domain that's so general if you're trying to start a BTC wallet business.
I can't see it paying off, but who knows...
I can't see it paying off, but who knows...
I see this being sold for 100 In a few years.
Wow! I find it hard to imagine that will pay off. Why not just invest the $250,000 in bitcoin instead?
Because certain types of people are so entrenched in the "old school" way of thinking, as far as how to "truly" get rich, that they must continue doing things the old school way. Like spending hundreds of thousands of dollars on a domain name so they can build a legitimate business around it. Or, like most businesses: Fail after the first year.
I see stuff like this and I just picture a typical business person in a suit who thinks Bitcoin is pretty neat but has no true belief that it will ever hit astronomical values. So he buys the domain name. Cuz ... well .. thats just what you do.
-B-
Actually, given the rather low opinion that the general public has about Bitcoin right now, a good domain is even more critical.
It won't solve a crisis in credibility, but a good name can give you lots of goodwill that that something silly as Easyco.in will not. Once again, I'm talking about the GENERAL PUBLIC not geeks or Bitcoin early adopters. Remember, the general public is STUPID. Anything that confuses them or that isn't blatantly simple is bad marketing and bleeds money to competitors.
Who would you sign up for if you were a gullible noob?
EasyCo.in
or EasyCoin.com
Which has an established notion of credibility? It may be news to lots of you, because you couldn't give a shit about domain names as they're just technical placeholders to you, but for much of the public, alternate extensions of any kind spell spam, phishing and Russian scammers. Doesn't matter what the reality is....perception is what matters.
BTW to the earlier point BitcoinWallet.com being a fraud or money laundering, it's possible in the latter, but in the case of the former, DNJournal gets proof of the transaction before they publish it as a sale. I know because I've some of my own big sales vetted by them.
Wow! I find it hard to imagine that will pay off. Why not just invest the $250,000 in bitcoin instead?
Because certain types of people are so entrenched in the "old school" way of thinking, as far as how to "truly" get rich, that they must continue doing things the old school way. Like spending hundreds of thousands of dollars on a domain name so they can build a legitimate business around it. Or, like most businesses: Fail after the first year.
I see stuff like this and I just picture a typical business person in a suit who thinks Bitcoin is pretty neat but has no true belief that it will ever hit astronomical values. So he buys the domain name. Cuz ... well .. thats just what you do.
-B-
What may be the possible cost of www.BitcoinExchangeWorld.com ?
250k, nice.
Anonymous sale of an unused url reported on a forum. Seems legit.
I've purchased hundreds of sites and sold 1 of them for good money.
However looking at bitcoinwallet.com it has to be new money, not an investor. First in their own news section they list the article stating that it sold for 250k. I'm not sure I would do that. Second the website is a disaster. Unless an early whale, with no marketing, design or idea of what is going on luckily mined 100k btc's in 2011 is rolling in cash I don't see what they are doing.
But ... for those saying that these prices are ridiculous. They are not. Imagine buying bit in 2011 for .1 and someone asks price as .5 .. you would have said they were crazy asking that and now you would leverage your house, car, wife to buy as many as you could at that price.
This site, if btc goes mainstream in the next couple of years, could be work 1mm +. If they put some coding behind hit and get some subscribers they could sell it for $4mm +
Or of course btc could die and it becomes worthless.
Over the last couple of months I've picked up a couple of .com's related to btc but they are few and far between. I made up words and add bitcoin in it and they are taken. The majority of them are owned by a couple of guys. This isn't a bad thing it just forces new money to make up more clever names.
However looking at bitcoinwallet.com it has to be new money, not an investor. First in their own news section they list the article stating that it sold for 250k. I'm not sure I would do that. Second the website is a disaster. Unless an early whale, with no marketing, design or idea of what is going on luckily mined 100k btc's in 2011 is rolling in cash I don't see what they are doing.
But ... for those saying that these prices are ridiculous. They are not. Imagine buying bit in 2011 for .1 and someone asks price as .5 .. you would have said they were crazy asking that and now you would leverage your house, car, wife to buy as many as you could at that price.
This site, if btc goes mainstream in the next couple of years, could be work 1mm +. If they put some coding behind hit and get some subscribers they could sell it for $4mm +
Or of course btc could die and it becomes worthless.
Over the last couple of months I've picked up a couple of .com's related to btc but they are few and far between. I made up words and add bitcoin in it and they are taken. The majority of them are owned by a couple of guys. This isn't a bad thing it just forces new money to make up more clever names.
bitcoinwallet.com couldn't have sold for $250k!
Try going in the site now.
Someone who has $250k to blow on a domain would not make a site that crappy.
It looks terrible and honestly looks like no work went into it.
Try going in the site now.
Someone who has $250k to blow on a domain would not make a site that crappy.
It looks terrible and honestly looks like no work went into it.
I agree unless it's only a temp site but it sure doesn't look like one. No marketing, low twitter activity, etc Nuts!
bitcoinwallet.com couldn't have sold for $250k!
Try going in the site now.
Someone who has $250k to blow on a domain would not make a site that crappy.
It looks terrible and honestly looks like no work went into it.
Try going in the site now.
Someone who has $250k to blow on a domain would not make a site that crappy.
It looks terrible and honestly looks like no work went into it.
Good news, witcoinballet.com is available
I recently purchased the following domains:
uberkoin.com
uberkoin.net
uberkoin.info
uberkoin.org
uberkoins.com
uberkoins.net
uberkoins.info
uberkoins.org
uberqoin.com
uberqoin.net
uberqoin.info
uberqoin.org
I recently purchased the following domains:
uberkoin.com
uberkoin.net
uberkoin.info
uberkoin.org
uberkoins.com
uberkoins.net
uberkoins.info
uberkoins.org
uberqoin.com
uberqoin.net
uberqoin.info
uberqoin.org
you're serious? someone bought that?
Surely, Mark Karpeles didn't once pay $8.95 USD for it, then turned around and bought it from himself at a marked (no pun intended) up price. Come to think of it, this is a pretty good way to laundry bitcoins, not that anybody would do such a thing. It's just a weird thought I had.
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