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Topic: Dwolla's Response to TradeHill | Lies and Defamation? (Read 6317 times)

donator
Activity: 1218
Merit: 1015
Have there been any updates to the case at all?
~2-3 months ago, I asked someone involved. No tangible progress.
newbie
Activity: 16
Merit: 0
Have there been any updates to the case at all?
member
Activity: 84
Merit: 10
MPOE, i'm not sure why you have such a visceral reaction to the sale of domains, internet traffic and ad revenue, when it seems you don't have much knowledge or understanding of the business.

i don't have any information about the current revenue of sex.com, but at the time of the sale, in the court proceedings it was estimated to be generating between $50-500,000 per month.
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
Quote
Those domains get what is known as type-in traffic - and such traffic is considered extremely valuable.
Excuse me, I have trouble keeping track of time. In what year is this conversation taking place?
Hmm. 2004? no wait. 1999? hmm. Oh! I know! http://www.whattimeisit.com/ says 2012! You see what I did there? I just typed something in, no search engine needed.
hero member
Activity: 756
Merit: 522
Quote
Those domains get what is known as type-in traffic - and such traffic is considered extremely valuable.
Excuse me, I have trouble keeping track of time. In what year is this conversation taking place?
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
Sex.com and porn.com "actual dollar values". Get out, would you? Unless you want to buy a bridge or something.

Has anyone every actually gone to sex.com, porn.com?  People go to google.com, facebook.com, amazon.com.  Those domain names had no value before a team of people built a business around that brand.  Paying an outrageous amount of money for a domain name marks someone as having little business sense.  Instead of wasting that money they should have hired lawyers to read terms of service, or hired programmers to make a better website.
Those domains get what is known as type-in traffic - and such traffic is considered extremely valuable.
hero member
Activity: 532
Merit: 500
Sex.com and porn.com "actual dollar values". Get out, would you? Unless you want to buy a bridge or something.

Has anyone every actually gone to sex.com, porn.com?  People go to google.com, facebook.com, amazon.com.  Those domain names had no value before a team of people built a business around that brand.  Paying an outrageous amount of money for a domain name marks someone as having little business sense.  Instead of wasting that money they should have hired lawyers to read terms of service, or hired programmers to make a better website.
sr. member
Activity: 350
Merit: 250
I've had an account with Dwolla for testing purposes since the second week they were online and just noticed I never did receive any notice of TOS changes, which is usually standard for everybody. Unless it notified you when you logged in.

Lol ninja editing the TOS then pretending nothing happened. Who in their right mind is going to allow their financial insitution to integrate FiSync, the supposed instant Dwolla loading and withdraw if there's rampant ACH chargebacks.

hero member
Activity: 756
Merit: 522
I think the ducks come where the bridge is. I'd have to check.
Do the domains come with their websites? The sex.com one is particularly fetchy and could justify the price. What do you starstruck folks call the worthless things, "virtual real estate" was it? Well, if I had a piece of real-real estate worth 13 million real-real dollars (as opposed to play-pretend circlejerk dollars in the latest and greatest ponzi scheme) I probably wouldn't keep a fucking $575.50 outhouse on it. Just my 2 cents.
member
Activity: 84
Merit: 10
Sex.com and porn.com "actual dollar values". Get out, would you? Unless you want to buy a bridge or something.

you don't pay much attention to the news do you?  the legal wranglings over the sex.com domain were well covered by traditional media outlets.  hell it even had a book written about it.

https://en.wikipedia.org/wiki/Sex.com#Highest_price_paid_for_domain

so about that bridge...
hero member
Activity: 756
Merit: 522
Sex.com and porn.com "actual dollar values". Get out, would you? Unless you want to buy a bridge or something.
member
Activity: 84
Merit: 10
Quote
wait... someone gave up a $1 million equity stake for a domain name?
Doesn't add up now does it.

what doesn't add up?  here are actual dollar values paid for domains (adjust for inflation if you want to see where bitcoin.com fits in):

http://www.domaining.com/topsales/
legendary
Activity: 1428
Merit: 1000
https://www.bitworks.io
wait... someone gave up a $1 million equity stake for a domain name?

Ummm, this is somehow news, it's happened many times before with much more than $1M dollars, it's a risky bet in either case but the basic throught process is that if you own the domain that is easily identified with the thing then you will pickup a huge amount of traffic.
hero member
Activity: 756
Merit: 522
Quote
wait... someone gave up a $1 million equity stake for a domain name?
Doesn't add up now does it.
hero member
Activity: 532
Merit: 500
wait... someone gave up a $1 million equity stake for a domain name?
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending

#2 According to the article, Tradehill sold off Bitcoin.com. For $1M. Which is part of what they're suing Dwolla for. What???

My understanding from what I've read and reading between the lines is that Tradehill got control of the Bitcoin.com domain for a $1million equity stake in Tradehill (don't know what % stake that was or what Tradehill was valued at) and control of the Bitcoin.com domain was contingent on using it to run an exchange. When the exchange business ended the control of the domain had to go back to the original owerners.

Anyone know who owns the bitcoin.com domain? When was it first registered?

take from it what you will:
https://bitcointalk.org/index.php?topic=9442.0;all

domain tools has a pay service that lets you see the past registrar information as well.  

http://www.domaintools.com/research/whois-history/?page=results&q=bitcoin.com

Whoever owns it, has it redirecting to bitcoin.org.
legendary
Activity: 1386
Merit: 1004

#2 According to the article, Tradehill sold off Bitcoin.com. For $1M. Which is part of what they're suing Dwolla for. What???

My understanding from what I've read and reading between the lines is that Tradehill got control of the Bitcoin.com domain for a $1million equity stake in Tradehill (don't know what % stake that was or what Tradehill was valued at) and control of the Bitcoin.com domain was contingent on using it to run an exchange. When the exchange business ended the control of the domain had to go back to the original owerners.

Anyone know who owns the bitcoin.com domain? When was it first registered?

take from it what you will:
https://bitcointalk.org/index.php?topic=9442.0;all

domain tools has a pay service that lets you see the past registrar information as well.  

http://www.domaintools.com/research/whois-history/?page=results&q=bitcoin.com
sr. member
Activity: 420
Merit: 250

#2 According to the article, Tradehill sold off Bitcoin.com. For $1M. Which is part of what they're suing Dwolla for. What???

My understanding from what I've read and reading between the lines is that Tradehill got control of the Bitcoin.com domain for a $1million equity stake in Tradehill (don't know what % stake that was or what Tradehill was valued at) and control of the Bitcoin.com domain was contingent on using it to run an exchange. When the exchange business ended the control of the domain had to go back to the original owerners.

Anyone know who owns the bitcoin.com domain? When was it first registered?

100% correct, I'm assuming that they will at some point come forward so don't worry about it too much, nothing weird going on.
It's not another big Satoshi mystery.

Jered
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