For people who don't know, Satoshi is the first name of BitCoin protocol creator.
I realy don't think anybody on this forum need this explanation
It's just a note. Let's not make any assumptions.
Moreover, thread is not about Satoshi's first name.
Topic: Satoshi.com Sells On Sedo.com For $75,000 (Read 2669 times)
I realy don't think anybody on this forum need this explanation
It's just a note. Let's not make any assumptions.
Moreover, thread is not about Satoshi's first name.
For people who don't know, Satoshi is the first name of BitCoin protocol creator.
I realy don't think anybody on this forum need this explanation
Satoshi.com is not a type-in domain name like bitcoinwallet.com, that's one of the reason why it was sold only for $75,000.
I would think that it would get a lot of "accidental" hits from web searches, and the like. The domain would essentially be a form of free advertising. $75k is quite cheap compared to the benefits the buyer would reap in the long term.
The buyer would need to invest in infrastructure and create an actual business in order to reap any potential benefits to the domain name. The buyer could do that to maximize returns. However I predict if bitcoin gains significant momentum even income from advertising alone could justify the price. 'Satoshi' will generate a whole lot of search volume of which a big portion will be directed at that domain, if the owner doesn't handle the landing page like a complete noob. It would also be possible to put the domain up for rental.
ya.ya.yo!
On the other hand if you were to have an actual business on the domain then people could "stumble" upon the site, essentially free advertising
Your statements are not wrong, however consider this: Even if you get 10k (wild guess) accidental one-time visitors monthly just because of searches for the keyword 'Satoshi', the pool of potential future visitors is still extremely large (millions-billions) - so even if none of these visitors returns it won't affect visits on your site negatively for a long time. In addition modern advertising does not have to be blatant. You could also just copy & paste a wikipedia article and add context sensitive ads...
Of course that is not something to be proud of, and a proper project would generate more revenue. I just wanted to point out that the domain sale was not overpriced given the (future) quality of the keyword 'Satoshi' and might even be profitable for the lazy guy.
ya.ya.yo!
You are correct to say that the pool of potential accidental visitors is still extremely large but even a million hits to a website would not generate $75k in ad revenue.
I own CoinBlack.com CoinChair.com CryptoGirl.com CoinPapi.com These will sell for a nice amount one day I hope.
Satoshi.com is not a type-in domain name like bitcoinwallet.com, that's one of the reason why it was sold only for $75,000.
Quite right! That's why I originally said $75k acquisition is relatively cheap.
Satoshi.com is not a type-in domain name like bitcoinwallet.com, that's one of the reason why it was sold only for $75,000.
$75k is quite cheap compared to the benefits the buyer would reap in the long term.
The buyer would need to invest in infrastructure and create an actual business in order to reap any potential benefits to the domain name. The buyer could do that to maximize returns. However I predict if bitcoin gains significant momentum even income from advertising alone could justify the price. 'Satoshi' will generate a whole lot of search volume of which a big portion will be directed at that domain, if the owner doesn't handle the landing page like a complete noob. It would also be possible to put the domain up for rental.
ya.ya.yo!
On the other hand if you were to have an actual business on the domain then people could "stumble" upon the site, essentially free advertising
Your statements are not wrong, however consider this: Even if you get 10k (wild guess) accidental one-time visitors monthly just because of searches for the keyword 'Satoshi', the pool of potential future visitors is still extremely large (millions-billions) - so even if none of these visitors returns it won't affect visits on your site negatively for a long time. In addition modern advertising does not have to be blatant. You could also just copy & paste a wikipedia article and add context sensitive ads...
Of course that is not something to be proud of, and a proper project would generate more revenue. I just wanted to point out that the domain sale was not overpriced given the (future) quality of the keyword 'Satoshi' and might even be profitable for the lazy guy.
ya.ya.yo!
what do you think..for how much I can sell domain "BitcoinObject.com"? I have seen that bitcoin domains going well
Depends I guess what type of site would someone make about a Bitcoin Object?
Satoshi is a no brainer Bitcoin.com as well
The challenge is when words get added to it so probably more if you make something on it.
what do you think..for how much I can sell domain "BitcoinObject.com"? I have seen that bitcoin domains going well
Depends I guess what type of site would someone make about a Bitcoin Object?
Satoshi is a no brainer Bitcoin.com as well
The challenge is when words get added to it so probably more if you make something on it.
what do you think..for how much I can sell domain "BitcoinObject.com"? I have seen that bitcoin domains going well
Depends I guess what type of site would someone make about a Bitcoin Object?
Satoshi is a no brainer Bitcoin.com as well
The challenge is when words get added to it so probably more if you make something on it.
what do you think..for how much I can sell domain "BitcoinObject.com"? I have seen that bitcoin domains going well
Well I wonder what they will put on satoshi.com
A history of Bitcoin or some sort of marketplace.
A history of Bitcoin or some sort of marketplace.
$75k is quite cheap compared to the benefits the buyer would reap in the long term.
The buyer would need to invest in infrastructure and create an actual business in order to reap any potential benefits to the domain name. The buyer could do that to maximize returns. However I predict if bitcoin gains significant momentum even income from advertising alone could justify the price. 'Satoshi' will generate a whole lot of search volume of which a big portion will be directed at that domain, if the owner doesn't handle the landing page like a complete noob. It would also be possible to put the domain up for rental.
ya.ya.yo!
On the other hand if you were to have an actual business on the domain then people could "stumble" upon the site, essentially free advertising
I just checked some interesting fact. Except for Satoshi.xxx almost all domain estensions are booked 
$75k is quite cheap compared to the benefits the buyer would reap in the long term.
The buyer would need to invest in infrastructure and create an actual business in order to reap any potential benefits to the domain name. The buyer could do that to maximize returns. However I predict if bitcoin gains significant momentum even income from advertising alone could justify the price. 'Satoshi' will generate a whole lot of search volume of which a big portion will be directed at that domain, if the owner doesn't handle the landing page like a complete noob. It would also be possible to put the domain up for rental.
ya.ya.yo!
$75k is quite cheap compared to the benefits the buyer would reap in the long term.
The buyer would need to invest in infrastructure and create an actual business in order to reap any potential benefits to the domain name. a commenter there says
SOMEONE PLEASE EDUCATE HIM!
ou are absolutely right, for myself I just bought btc and sell it back when the price is high. or invest in some reliable sites denagn benefits so message stiap week or month. however, you do not Takur now bitcoin has been used for online payments either for goods or services. some even accept for the hospitality. are not many, but this is someone who is very good beginning, right Quote
Ramahn says
JULY 2, 2014 AT 2:39 PM
Nice sale. I’m fascinated with the whole bitcoin craze because I (still) just don’t get it. It kinda reminds me of the bitTorrent craze back in the day, and my college roommates showing me how to download movies and music on our computers. But I don’t understand the trust behind bitcoins. They have no backing. Everyone can’t own them and they’ll never replace actual money. So my question is, do the majority of you use bitcoin for convenience such as online shopping? Or have you been buying as an investment; planning to sell when the values go up?
If I’m wrong on any of this then please educate me.
JULY 2, 2014 AT 2:39 PM
Nice sale. I’m fascinated with the whole bitcoin craze because I (still) just don’t get it. It kinda reminds me of the bitTorrent craze back in the day, and my college roommates showing me how to download movies and music on our computers. But I don’t understand the trust behind bitcoins. They have no backing. Everyone can’t own them and they’ll never replace actual money. So my question is, do the majority of you use bitcoin for convenience such as online shopping? Or have you been buying as an investment; planning to sell when the values go up?
If I’m wrong on any of this then please educate me.
SOMEONE PLEASE EDUCATE HIM!
BTC.com has been bought by an australian company in what seems to be a private sale.
Great news. I heard about the domain on the market.
Any idea on the deal size?
BTC.com has been bought by an australian company in what seems to be a private sale.
Jump to: