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.

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.

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!