Post
Topic
Board Digital goods
Re: WTS: 85 BTC for 500+ bitcoin domains
by
BitcoinPortfolio
on 16/03/2015, 23:07:00 UTC
Wait, so you are asking about $24,000 for 500+ domain address that prob costed you like $1-2 each.

Props on if you get a buyer.

Thanks for your encouragement! 

That would be amazing if domains were only $1-2!  Lots of times, there will be offers to buy one domain for that price, but if you're buying or renewing multiple domains with one registrar, even in bulk, it's more like $9-12 each depending on the scale of your portfolio.

Consider that if you hold a domain for longer than 1 year, your investment in it increases by a multiple of the initial registration cost each year.  That and that most good domains have already been registered, so scarcity plays a significant role in pricing.  Factor in site development and marketing costs and now it begins to become more apparent where the margin in these propositions comes from.  This particular genre of domains is getting a lot of speculation right now because well... it's bitcoin!  No one knows how far this thing will go!  Exciting times:)  For a lot of people, holding assets in the space, beyond just coins of course, is a method of diversification. 

So what do you think?  Do I hear $23,000?  Give me a number and let's talk!