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Topic: We need more companies with original names. No more Bit-, -coin, or -pay. (Read 1103 times)

sr. member
Activity: 254
Merit: 1258
I don't think it matters honestly on the name is too much as long as it doesn't look or sound stupid, the use of bit, coin or pay is all fine to me.

Honestly naming isn't a big deal, any item could be the name of a company if marketed right, Flare (pulling a random word) could easily be the next big company.
legendary
Activity: 1156
Merit: 1000
ArtByte, the digital currency supporting artists


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ArtByte (ABY) is traded on Poloniex and Bittrex

legendary
Activity: 1400
Merit: 1001
Well, Coinbase is a success and it have Coin in it's name.
If the service/product is good enough, the name doesn't matter.
It's like BMW, Dell, Apple. Those names if not pathetic, have no mean, and those are ridicously big names around the world.
That is what it means to create a Trade Mark™. Apple or Dell are just random word - yet they are recognized all around the world and 99% of people in civilized countries know about that companies.
In bitcoin we need something similar, crypto companies with not necessary Bitcoin related names.
sr. member
Activity: 462
Merit: 250
legendary
Activity: 868
Merit: 1006
I guess its a marketing scheme that works. If you use something under the Bit tag people will automatically understand that it's related to Bitcoin. You also got lots of companies using the Coin tag (Coinbase etc). I think aesthetically they are good names even tho at some point it becomes confusing trying to discern from one company to another.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
Name might help you a bit but it won't brake or make your business. Anybody who believes in this is a fool. In order to succeed, you better work hard, pull the right moves and treat your customers right. If you do so, you can pretty much choose any name and you will do good. But of course, if you do chose a right name on the top of all the above, you can improve your business.
legendary
Activity: 1386
Merit: 1000
English <-> Portuguese translations
Well, Coinbase is a success and it have Coin in it's name.
If the service/product is good enough, the name doesn't matter.
It's like BMW, Dell, Apple. Those names if not pathetic, have no mean, and those are ridicously big names around the world.
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
Yes, it's great that we can tell just by looking at your domain that you use bitcoin but we've gotten to the point where people will have some awful name and just add bit or coin to it somewhere and think it's the best thing ever. We're beyond that point now. Off the top of my head, I can think of Kraken. They chose a memorable name, that doesn't involve any part of the word bitcoin. No, they didn't go bankrupt because of it. Add some originality, people.

but why you care about the name? is there a correlation between the name and the quality of the services? i dont think so, well i agree that there is names more easy to remember than others, yes, but thats all.

you must agree that name of business is very substantially. if not important, Why is not there company with "jkjhfd" name or etc.
for example: Cryptsy or Scryptsy ? what is the name?
full member
Activity: 199
Merit: 100
in the end, you only find the beginning
Yes, it's great that we can tell just by looking at your domain that you use bitcoin but we've gotten to the point where people will have some awful name and just add bit or coin to it somewhere and think it's the best thing ever. We're beyond that point now. Off the top of my head, I can think of Kraken. They chose a memorable name, that doesn't involve any part of the word bitcoin. No, they didn't go bankrupt because of it. Add some originality, people.

but why you care about the name? is there a correlation between the name and the quality of the services? i dont think so, well i agree that there is names more easy to remember than others, yes, but thats all.
sr. member
Activity: 320
Merit: 250
We all know that next year is crypto boom. So get a crypto in your startup today.
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
"Need a name for your bitcoin startup?" This site will generate bitcoin/crypto company names for you: http://coinname.me/

wow
excellent site. good job.  Wink Wink
sr. member
Activity: 462
Merit: 250
"Need a name for your bitcoin startup?" This site will generate bitcoin/crypto company names for you: http://coinname.me/

That is actually quite a cool website.
I had no idea that, that existed.
Thanks for the link!
legendary
Activity: 950
Merit: 1000
No matter what the name is used, it represents the behind company. If it offers great products and services, and always attract users, the brand is built up! Ppl will keep buying the products or using the services provided by the company! Ppl will remember the name!
legendary
Activity: 1904
Merit: 1074
The worst thing Satoshi could have done, was to call the token for the currency --> Bitcoin. It is most probably the most confusing explanation he could have used to name the token. I would have chosen something more

original like "DigiCash" - { Short for Digital Cash} or something like "MicroMoney" .....the coin in the name just creates confusion. Or simply "NotCash" .... Companies follow this coin naming convention and it just creates

more confusion.  Huh   
hero member
Activity: 910
Merit: 1000
"Need a name for your bitcoin startup?" This site will generate bitcoin/crypto company names for you: http://coinname.me/
sr. member
Activity: 462
Merit: 250
I can draw your avatar!
I think it is very clear when a company incorporates the term bit- or -coin in their name, it might limit them, but for me it is a no brainer as whether or not they do business in crypto currencies. Why shouldn't they make it easy? I aggree it is like a jungle out there now, with too many companies doing the same shit with a lot of similar sounding names. It is hard to be original, but when you are and when you strike good a nonsense name like Xapo for example will have a solid base in the community, we all know it. It might have another meaning in another language, or be an acronym for something I do not know. When you can establish a name like that, you can broaden your horizon and venture on new grounds without the limitations of your name and use that name and it's history to gain trust and loyalty that has been built up.
hero member
Activity: 1582
Merit: 502
The name Bit or Coin or Bitcoin in the name makes me feel better that it's not some alt scam site.

Coin is a more general word, so that could include alt-coins.
Personally I do think that the name matters (you obviously wouldn't call your business a shitty name), but I think the service/product matters more.
legendary
Activity: 1862
Merit: 1004
Seriously it does not matter. As long as the name of the company or service is catchy I don't care if it is called Bitpay or Paybit. As long as it is good I will take it.
I agree, however, that these monothematic names can be tedious after some time - there is no fun when every bitcoin company has a 'bit' or 'coin' in its name.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
The name Bit or Coin or Bitcoin in the name makes me feel better that it's not some alt scam site.
hero member
Activity: 840
Merit: 509
Yes, it's great that we can tell just by looking at your domain that you use bitcoin but we've gotten to the point where people will have some awful name and just add bit or coin to it somewhere and think it's the best thing ever. We're beyond that point now. Off the top of my head, I can think of Kraken. They chose a memorable name, that doesn't involve any part of the word bitcoin. No, they didn't go bankrupt because of it. Add some originality, people.

But at the same time it's good for branding. I also don't think names like Kraken are very good. They don't really tell you anything about the company. I agree that businesses shouldn't just be trying to put 'bit' in there because they feel like they have to but there's also nothing wrong with bitpay and bitbargain etc and it's good for adoption when people know what they probably do.
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