• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
Breaking News: The Sandbox Seals Deal With Saudi Arabian Digital Government Authority
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
Bitcoinist.com
No Result
View All Result
Breaking News: The Sandbox Seals Deal With Saudi Arabian Digital Government Authority
Advertisement

Domains for Sale! Exclusive Interview with SatoshiNames.com

Nigel Dollentas by Nigel Dollentas
9 years ago
in Bitcoin Businesses, Companies, Interviews, News, Uncategorized
0
Advertisement
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!
Don't wait! Jump on this Crypto Deal and get a 150% Welcome Bonus plus 100 Free Spins on your deposit today!
As more people hop on the Bitcoin/Cryptocurrency scene, many would also like to make a cryptocurrency related website, such as news, gambling, commerce, etc. The more people buy domains the more interest is fueled back into cryptocurrency and the cycle repeats. A good indicator of this is when Ryan (requested last name omitted) , the  founder over at SatoshiNames,  reported they recently sold a domain for over $1000 profit, not revenue.
1. Why do you think there will be a increase for cryptocurrency related domains?

There has been a surge in demand for domains as the sector has become more developed. Domains effectively work as real estate and Bitcoin is the latest city with the best prospect for construction firms! I’m actually no stranger to domains in general and what is notable about this sector is the amount of domain trading that has started to occur. In the weekly biggest sales report (on DNJournal) we often see crypto domains sell for a lot, which is above all an indication of potential! As the demand for cryptocurrencies rise, so will the value of the domains.

2. I see you specialized in Bitcoin and Darkcoin domains. Why not Litecoin or another major crypto?

That’s a good question and I started with the intention of buying the following formula domains = Bitcoin + one word + .com , however, the more involved I got with the altcoin community the greater I realised was the potential of alt coins. There is a huge amount of interest in them and on a personal level I believe that the days of Litecoin are numbered. Don’t put me on record with Darkcoin but I do believe another altcoin will overtake Litecoin as the “first reserve” of Bitcoin and ultimately serve a different, greater purpose than it. Darkcoin for me was an experiment and one that has been enjoyable and already profitable – if the coin takes off the domain portfolio I have will be indisputably the best in existence and my gamble will have paid off.

3. How did SatoshiNames get started?

As I said I’m not actually new to domaining but I was quite nervous in the cryptocurrency market as there is more volatility and a lot of unknowns. As I have known from previous investments domains become quite expensive so choice is key. So SatoshiNames started slowly and with a good business model in my opinion since it is scaleable and I first purchased a few domains including Bitcoin.CEO . After I sold a couple of them (one with over $1000 profit) I decided to expand and now I have over 100 domains, with many more planned, but I intend to grow organically and build up a presence and reputation at this stage. I won’t forget the humble beginnings of my exploration in this niche!

4. What is the current status?

Well actually right now I am planning a Summer holiday of 6 weeks travelling through Russia, Mongolia and China so the business operations will be put on hiatus except from taking orders and sales (which will be done through a friend)! For that reason I have a buy-it-now sale on all domains for $99, and we have already made a couple of sales in the first two days of the sale.

5. Do you plan on expanding in the future?

(Continuation of number four) When I get back I will consider the future of the business. I have had some interest with potential investors who have suggested that I launch an IPO, however, that will be happening in late August, if at all. At the minute the business is profitable and I have not had time to go over the figures properly – and unfortunately, my day-to-day job is in Finance, so we tend to be sticklers for profit margins!

6. If I were interested in purchasing a domain, how would the process go?

Well the first stage would be getting in touch either via Twitter @SatoshiNames, the contact form on our website SatoshiNames.com or directly via e-mail at [email protected] . As to the process it is all very fast with the vast majority of our domains on GoDaddy and able to be pushed to your account immediately. I’m happy to accept most forms of payment (of course Bitcoin, as well as most altcoins, Skrill etc). For domain newbies I try my best to explain the process simply and clearly.

7. Is there a methodology that goes into picking a domain you think will become in demand later?

That’s a toughie… part of it is experience. If you look in the Bitcointalk forums Digital Goods section you will see lots of people selling domains that are frankly awful for a ridiculous price. That is why they don’t sell any, and then realise that actually the renewal fees do sum up quite fast. I won’t give too many tips of the trade away but from a valuation perspective .coms are key and keywords with search volume are a must. If you can’t think of a use for the domain, no-one else will be able to either but as I said initially it really comes down to instinct.

Website: http://satoshinames.com/

Twitter:  https://twitter.com/satoshinames

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Nigel Dollentas

Nigel Dollentas

Born in the Philippines, currently stationed in the USA. The youngest member of our writing team, Nigel is our freelance writer. Learned about Cryptocurrency right after the Mt. Gox crash and has been passionate ever since. @NigelDollentas

Related Posts

Shiba Inu

Why The Shiba Inu Community Is Baffled By Binance 6.4 Trillion SHIB Transfer

4 days ago
Shiba Inu

Shiba Inu Will Take 1,157,174 Years To Reach 100 Billion Tokens, Analyst Says

1 week ago
Korean Financial Services Commission Chair Announces Security Tokens

Korean Financial Services Commission Chair Announces Security Tokens

3 weeks ago
DCG

Tron Founder Justin Sun Ready To Invest $1 Billion On DCG Assets

4 weeks ago
FTX

FTX Arena: Miami-Dade County Ends Partnership With Crypto Company Amid Financial Woes

4 weeks ago
ETF

Samsung Unveils Bitcoin Futures ETF Amid Escalating Crypto Interest

4 weeks ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Top Casinos

BitStarz
BitStarz
Punt Casino
Punt Casino
mBit
mBit
Metaspins
Metaspins
1xBit
1xBit
Coinplay
Coinplay
K8
K8
Vegas Casino
Vegas Casino

Sportbooks

Coinplay
Coinplay

Press Releases

  • ALTCOIN DAILY TO PRODUCE AND STAR IN NEW “SHARK TANK OF...

    16 hours ago
  • SinVerse Studios Announces $1 Million Buyback Program for...

    16 hours ago
  • Join the Revolution: Invest in STARSTAKING for 25% APY and...

    16 hours ago
  • The Crypto Bull Market Trend Has Started! What Does This...

    16 hours ago
  • Orbeon Protocol (ORBN) Grows 1625% During the Presale...

    17 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.