Quote from: Mr. Socko on February 07, 2014, 02:23:08 PM

the average joe doesn't really stand a chance getting a good domain because the people into them for a living own massive numbers of them as evidenced by the above post. Personally I wouldn't spend a dime on any of those domains because a good business will do well through word of mouth, just like a site like coinbase.com has done which really you wouldn't figure would be a bitcoin exchange looking at it. I suppose having bitcoin in the name might help them and if they were smart they'd take their profits and buy up a better name. I'd say maybe after you have some cash flow use it to buy a better domain if it's needed.. but a crappy service on a good domain is still a crappy service.

In any case I look forward to the day a domain name can be any extension and shortages of good names become somewhat a thing of the past. That day is getting closer and closer. Of course if there are a million possible extensions of a site you'll find a person buying a million of them up...

Just like the 200 copy and paste versions of Bitcoin drove BTC price down?

New extensions don't mean anything, they're ICANN's newest money making scheme. There always have been plenty of options besides the .com, and yet the market decided to pay a premium for it. It's going to stay just that way for the foreseeable future.