How much do you think Bitcoin.com is worth, what price would Roger sell? - page 3.

gentlemand

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Quote from: shaw1 on September 30, 2019, 05:44:40 PM

You're 100% correct, and I appear quite the idiot.
Running on less than a normal amount of sleep, and in my mind managed to get bitcoin.com supplanted by BTC.com.

So yeah. There's that. My apologies, and thanks for setting the record straight.

Figures aside those are the businesses behind it rather than the domain itself which is more the focus of the discussion.

It would be extremely intriguing to know what other people could do with it if they were given the opportunity. It feels like they took a long time to get it warmed up and it's still not anywhere near its potential. Some of it still feels like placeholding rather than a concerted effort.

shaw1

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Quote from: squatter on September 30, 2019, 05:33:04 PM

Quote from: shaw1 on September 30, 2019, 03:42:19 PM

I would propose a tremendously much higher number than most here are saying.

The reason being how much market share bitcoin.com's pool has in mining.

Over the past year, bitcoin.com has been responsible for over 17% of all blocks. That is 9485 blocks in one year.

That's absurd. Where did you get that idea? Their share of mining has been gradually declining -- currently 0.7%. Anyway, I'm inferring from this that Roger wouldn't sell at any price:

Quote from: MemoryDealers

I've never sold a single domain name in my life. I've only purchased them, and then used them.

You're 100% correct, and I appear quite the idiot.
Running on less than a normal amount of sleep, and in my mind managed to get bitcoin.com supplanted by BTC.com.

So yeah. There's that. My apologies, and thanks for setting the record straight.

squatter

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Quote from: shaw1 on September 30, 2019, 03:42:19 PM

I would propose a tremendously much higher number than most here are saying.

The reason being how much market share bitcoin.com's pool has in mining.

Over the past year, bitcoin.com has been responsible for over 17% of all blocks. That is 9485 blocks in one year.

That's absurd. Where did you get that idea? Their share of mining has been gradually declining -- currently 0.7%. Anyway, I'm inferring from this that Roger wouldn't sell at any price:

Quote from: MemoryDealers

I've never sold a single domain name in my life. I've only purchased them, and then used them.

shaw1

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I would propose a tremendously much higher number than most here are saying.

The reason being how much market share bitcoin.com's pool has in mining.

Over the past year, bitcoin.com has been responsible for over 17% of all blocks. That is 9485 blocks in one year. They have a 2% fee on the block reward, I believe.

That 2% fee would put them receiving 0.25 BTC per block.
So the pool alone would account for 2371.25 BTC in income over the last year. (As of this writing).

Almost 20 million dollars in a year. Just from one of their products.

If we were to value the domain like a blog, or other such, we would multiply two to three years worth of income to determine the value.

That would put it at 40-60 million for a basic estimate of how much that site is worth just for the mining pool.

And bitcoin.com has a heck of a lot more than just a bitcoin mining pool.

I know, I know. Employees. Servers. BCH related expenses.
I find it hard to believe that he's not turning a pretty massive profit, though.

So my guess would be for all services included, maybe 100 million USD.

lighpulsar07

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0, because he is a scammer and a con artist - nah joke aside (no sreiously i am not lying), since his website bitcoin.com generated huge amount of traffic due to his huge amount of bitcoin cash followers and newbies falling because of his of the name of his site and his advertising that bitcoin cash is real bitcoin, their site could be valued to 10 - 30 million dollars aside from the site is top level domain which is very pricey domain and the huge amount of traffic coming from the site, the ccn.com was valued 7 digits (1-9 million usd) which bitcoin.com was performing better than ccn.com. i doubt that Roger Ver will sell his website soon since his BCH is performing good as of now.

dothebeats

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Apart from the traffic the site is having on a regular basis, I think the main selling point of the domain and where most of the value lies is on the fact that the one who has it controls a significant amount of followers--especially the new ones--because they can easily post whatever the hell they like on that website and people would believe it without second thoughts. Also knowing Roger Ver, the dude is egotistic at best, and would not sell his only prized possession currently.. not that his forked coin isn't worth something..

1Referee

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Quote from: LTU_btc on September 20, 2019, 04:20:27 AM

Here is what Ver said about it:

Quote from: MemoryDealers on September 18, 2019, 01:06:03 AM

I've never sold a single domain name in my life. I've only purchased them, and then used them.

I don't think he would ever sell this domain. It's very important weapon for him in war against Bitcoin and his ego is probably too big to sell it.

I never thought of this before until today, but the funny thing about him using that domain is the free advertising he does for Bitcoin while his sole intention is to market BCash. The same pretty much applies to the BSV camp where they are also bleeding a lot of exposure to Bitcoin, especially with how they refer to BSV as Bitcoin and not as Bitcoin SV.

People by now already know that Bitcoin doesn't cost $300 per coin anymore, or $130 in BSV's case. Too bad for Roger, the bitcoincash dot com domain is currently in possession of the BSV camp, but then again, similarly, they're doing free advertising for Roger's BCash.

LTU_btc

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Here is what Ver said about it:

Quote from: MemoryDealers on September 18, 2019, 01:06:03 AM

I've never sold a single domain name in my life. I've only purchased them, and then used them.

I don't think he would ever sell this domain. It's very important weapon for him in war against Bitcoin and his ego is probably too big to sell it.
But if someone would offer him it - https://youtu.be/u_aLESDql1U, I'm sure that he wouldn't say no Cheesy

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shield132

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Quote from: tmfp on September 18, 2019, 01:22:46 PM

Quote from: shield132 on September 17, 2019, 12:50:41 PM

Please can you share the history of bitcoin.com domain?

According to the man himself (if you can bear to give him a click)
https://news.bitcoin.com/the-history-of-bitcoin-com-an-introduction-to-our-new-company-blog/
If you can't

Quote

Bitcoin.com was registered in January of 2008, a year before the protocol was released by Satoshi Nakamoto back in January of 2009. After the domain was created, one of the earliest bitcoin exchanges, Tradehill, took over the website six years ago but the ownership didn’t last long. The trading platform fell apart, and the domain was then transferred over to Roger Ver in April of 2014.
Ver explains that he purchased Bitcoin.com for an undisclosed sum. Originally Blockchain.info was going to use the website as the main landing page Ver says, but the idea never came to fruition.
Following this Ver negotiated a deal with the Chinese exchange, Okcoin, to lease the website as he had several other offers from interested parties. Ver says that Okcoin provided the best offer for the lease agreement and the two parties worked out an arrangement.
Okcoin didn’t put much work into the website’s design and in May of 2015 Ver revealed to the public that the exchange owed him funds for overdue payments. Ver explains that “Okcoin breached the agreement in every manner possible.”

Despite the fact that this site is under Roger's management and all of his work is shit done for the sake of bitcoin cash (You can't imagine how much he hurts when he hears first bitcoin and then cash), this article is still educational for me so why not to bear?
Bitcoin cash was splitted in august 2017 and this article was written in september 2017, so it's not modified for the sake of bch yeah? I don't remember if he was supporter of BCH from the very first begining.
Btw this domain's price won't be high in overall because this domain was and is used as owners wish, it has low reputation despite the fact that it's .com domain of major cryptocurrency. Domain supporting bitcoin, then bitcoin cash and then who knows that, maybe ripple? lol

figmentofmyass

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Quote from: gentlemand on September 19, 2019, 01:18:48 PM

I'd be curious to know what other posters here would do if they owned such valuable properties like that handle and bitcoin.com. Would you whore it out or safeguard its exploitation? No amount of money would make up for the disgust I'd feel at the misleading going on.

i'd like to think i'd be super ethical but greed is a powerful thing.

i definitely can't see myself doing what roger ver did with BCH. tbh i'd probably whore it out for advertising to the highest bidding exchange/service that wasn't an outright scam. like roger tried to do with okcoin years ago.

gentlemand

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Quote from: figmentofmyass on September 19, 2019, 01:14:20 PM

@gentlemand thanks for finding that. i never read the reputation board.

tbh i thought jack dorsey had something to do with it. i'm glad to see he didn't. a lot of early adopters probably got together and backed the sale. i assume instagibbs isn't really loaded enough to outbid roger ver.

It's a weird board that's best avoided overall. It's 96.8% pointless and incomprehensible shrieking about stuff that I genuinely cannot figure out what they're on about. Do these people have actual business dealings with each other? It rarely looks like it.

The odd gem pops up though like that.

I'd be curious to know what other posters here would do if they owned such valuable properties like that handle and bitcoin.com. Would you whore it out or safeguard its exploitation? No amount of money would make up for the disgust I'd feel at the misleading going on. It would be very, very hard to resist whoring but there's no way I could allow it without a giant veto button.

Quote from: Kyraishi on September 18, 2019, 07:44:35 PM

I'm going off this figure from recent sales from other popular crypto based domain, like the ones below.

Crypto.com was sold for 12 million to a finance project. (biggest domain sale ever)
Tokens.com was sold for 500,000.
Tokens.com was also sold for an undisclosed price, I'd assume around the 2 million mark.
ETH.com was sold for 2 million.

There's an interesting wee parallel with alts there. For whatever reason after all this time .com is still the gold standard despite it being three largely meaningless letters. The only reason why is because the collective has decided that's how it's going to be. Tokens.co is available for $999 right now. Is one solitary M worth another $499,001 to you?

figmentofmyass

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@gentlemand thanks for finding that. i never read the reputation board.

tbh i thought jack dorsey had something to do with it. i'm glad to see he didn't. some early adopters probably got together and backed the sale. i assume instagibbs isn't really loaded enough to outbid roger ver.

1Referee

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Quote from: gentlemand on September 19, 2019, 04:01:53 AM

I've never seen anything other than that one tweet confirming who the new controller is. I really can't imagine anyone paying more than Roger to fuck with us so my assumption is that the original owner got sick of it all and took it back.

It's possible Blockstream is funding it but I'd hope they had better things to do.

theymos's perspective on this matter; https://bitcointalksearch.org/topic/m.52219756

I think that people severely overestimate Roger's wealth. It has been more than clear that he spent most of his Bitcoin and very likely fiat buying Bcash. If you also take into consideration the money that the spends on marketing, dozens of employees he pays (employees of a business that generates little to no profit), it becomes clear that he can't just recklessly spend money left and right anymore.

As for Blockstream funding it, I seriously doubt it with how Adam Back (CEO of Blockstream) was just as surprised and suspicious as anyone else.

gentlemand

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Quote from: 1Referee on September 17, 2019, 06:00:35 PM

It seems that @Bitcoin is owned by someone unkown who's leasing out that account to the highest bidder. The highest bidder used to be Roger Ver, hence the BCash propaganda posts, but now it's controlled by a true Bitcoiner with a dislike towards everything Roger Ver was Tweeting about.

The downside to this is that we don't know what will happen when the person who's currently in control of the @Bitcoin account no longer has the funds to extend the lease. In that case I'm pretty certain that Roger will attempt to get it back to shill BCash crap again. It really sucks that the actual account owner only cares about profiteering and not about the community that Roger has been lying to for so long.

This is the current account lessee; https://twitter.com/theinstagibbs/status/1163837511287869441

I've never seen anything other than that one tweet confirming who the new controller is. I really can't imagine anyone paying more than Roger to fuck with us so my assumption is that the original owner got sick of it all and took it back.

It's possible Blockstream is funding it but I'd hope they had better things to do.

Edit -

Quote from: MemoryDealers on September 19, 2019, 04:11:53 AM

Quote from: mindrust on September 18, 2019, 02:47:50 AM

Quote from: MemoryDealers on September 18, 2019, 01:36:37 AM

Quote from: Sat0shisGhost on September 17, 2019, 04:21:42 PM

I have a question for MemoryDealers.

What's the deal with the @bitcoin twitter account? Why did it recently go from supporting BCH to supporting BTC?

The original owner had been involved in Bitcoin since 2009, and agrees that Bitcoin Cash is the version of Bitcoin he got involved in.
Unfortunately he needed money for other things, and the new owner of the ID clearly has a different opinion.

Something is off. He didn't sell it to you, strangely.

That's strange. Way too strange. Knowing you, I am pretty sure you are lying again.

If the original pro-bcash owner needed money... he should have come to you first. You would pay the most buck for that account. But for some strange reason, he sold it to a pro-bitcoin guy. Nope. It didn't happen like that. Doesn't make sense.

That is exactly what happened. He did offer it to me. I thought, and still think the price was too high, so he sold it to someone else who lied to him about his views on myself and Bitcoin Cash.

Slow death

legendary

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Quote from: green547 on September 16, 2019, 08:34:14 PM

Estimates on how much bitcoin.com would fetch on the open market?

he uses this site to promote himself and to promote BCH, as long as BCH exists he will not sell this site but as we are making assumptions so let's go there:

when CCN.com had problems with google they were offered 7 digits to sell the site, you can read the article here:

https://cointelegraph.com/news/the-strange-case-of-ccn-and-the-google-june-2019-core-update

7 digits are 1 to 9 million dollars, if we assume Bitcoin.com is better than ccn.com then I would estimate Biticoin.com to be worth between 50 million to 80 million dollars, because it includes wallet, mining and many other things. , it would be difficult for him to sell this domain. Look at this:

Roger Ver Shares His Story in New Video Series

It's a story where he tells that he had the entrepreneurial spirit since childhood, you can imagine the he will not sell the only place that he can promote himself

Kyraishi

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Not sure how much roger would sell it for, but I'm guessing over 25 million, even more, if the government or a political force will buy it up.

I'm going off this figure from recent sales from other popular crypto based domain, like the ones below.

Crypto.com was sold for 12 million to a finance project. (biggest domain sale ever)
Tokens.com was sold for 500,000.
Tokens.com was also sold for an undisclosed price, I'd assume around the 2 million mark.
ETH.com was sold for 2 million.

So 25 million is a fair price assuming that it is the most popular domain in crypto, and the amount of political influence someone or something would have with that domain.

I don't think he would ever sell or lease it again unless it was to a pretty trusted exchange, or a bcash supporter, because I don't think anyone is willing to purchase the domain right now, and Roger has already been screwed over by Okcoin before so it'll be ever harder to get the trade through.

tmfp

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Quote from: shield132 on September 17, 2019, 12:50:41 PM

Please can you share the history of bitcoin.com domain?

According to the man himself (if you can bear to give him a click)
https://news.bitcoin.com/the-history-of-bitcoin-com-an-introduction-to-our-new-company-blog/
If you can't

Quote

Bitcoin.com was registered in January of 2008, a year before the protocol was released by Satoshi Nakamoto back in January of 2009. After the domain was created, one of the earliest bitcoin exchanges, Tradehill, took over the website six years ago but the ownership didn’t last long. The trading platform fell apart, and the domain was then transferred over to Roger Ver in April of 2014.
Ver explains that he purchased Bitcoin.com for an undisclosed sum. Originally Blockchain.info was going to use the website as the main landing page Ver says, but the idea never came to fruition.
Following this Ver negotiated a deal with the Chinese exchange, Okcoin, to lease the website as he had several other offers from interested parties. Ver says that Okcoin provided the best offer for the lease agreement and the two parties worked out an arrangement.
Okcoin didn’t put much work into the website’s design and in May of 2015 Ver revealed to the public that the exchange owed him funds for overdue payments. Ver explains that “Okcoin breached the agreement in every manner possible.”

PassThePopcorn

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Quote from: shield132 on September 17, 2019, 12:50:41 PM

Quote from: PassThePopcorn on September 17, 2019, 08:22:56 AM

Quote from: green547 on September 16, 2019, 08:34:14 PM

Estimates on how much bitcoin.com would fetch on the open market?

He leased / rented it a few years ago for something around 10k/month, but the people who leased it were garbage at running a website / business and he took it back.

As for the value I don't think he will sell it and doubt he'll put a value on it.

Please can you share the history of bitcoin.com domain? I am really interested how Roger get his hands on this domain and somehow curious, why theymos and people behind bitcointalk.org / bitcoin.org didn't get that domain.
On another hand OP, it doesn't matter much what was website's history which was built on bitcoin.com domain if Roger plans to sell because this is top domain. Just check yourself keyword "Bitcoin" in google keyword planner and you'll see the results. So domain bitcoin.com worths millions and if we consider the fact that it's news website, these news worths money too and it adds extra price to it but domain alone still rocks.

I'm not sure of specifics, I know many years ago bitcoin.com just redirected to bitcoin.org. Then it was leased to a group from Roger and the next part of what I remember is a tweet / message from Roger bashing on the people he leased it to after they claimed they couldn't run it at a profit. Sometime after that it was returned to his control and then it became the bitcoin.com of today (well started to at least).

To be fair he was "bashing" on them because they claimed they couldn't pay but still wanted to run the site. His bashing was along the lines of how to run a website and what things you could do to bring in some revenue so they could pay him.

mk4

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Quote from: PrimeNumber7 on September 17, 2019, 11:12:53 PM

If the domain no longer serves the political purpose of promoting BCH, Ver can calculate how much income the domain is expected to generate over time, and use a net present value estimation of the value of the future income to determine how much the domain is worth. If he receives an offer greater than this amount, he will likely sell the domain.

Yeap. It completely boils down to how much the offer would be; and knowing how passionate Ver is, the offer would need to be far bigger than it's current worth for him to consider selling it. The potential money to be made from making bitcoin.com an on-ramp exchange is just too big. I'm very sure that Roger could get away with selling bitcoin with a 20% premium just because of the domain itself, from taking advantage of people who think bitcoin.com is sort of like the "official bitcoin website" or something lol.

pooya87

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Quote from: PrimeNumber7 on September 17, 2019, 01:22:16 AM

I don’t see Ver selling bitcoin.com unless bcash is no more, or Ver decides to get back into bitcoin.

Roger never left bitcoin to want to come back to it. he has always been "in" bitcoin! things like BCash are only additional revenues for people like him to make themselves richer.

you are right about the "political value" of this domain though and i don't think he will ever sell it even if BCash died and someone offered a very good deal for the domain. it is not like he needs the money. at some point having the "power" is more important than the money.

Topic: How much do you think Bitcoin.com is worth, what price would Roger sell? - page 3. (Read 929 times)