End User “Generosity”

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I had an inquiry on one of my domain names from an end user buyer the other day that made me laugh. My domain name is parked on the Domain Name Sales platform, and instead of monetizing it, there is an inquiry form so that visitors know that the domain name is for sale.

Instead of filling out the form, the prospect called me on the phone. He called DNS as well, which is how I know that he had visited the landing page before connecting with me. After a brief conversation, he asked for the price of the domain name, and I shared the low five figure price, which I think is fair.

He sounded surprised and told me

Gox.com Domain Broker Shares Details

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Last night, I reported about the sale of the Gox.com domain name to Mt. Gox parent company, Tibanne Co. Ltd. The domain name was sold by domain investor Andy Booth, who confirmed the sale of Gox.com and provided some additional insight about it.

Joe Politzer of DN.BIZ, the domain name broker who negotiated the deal on behalf of Booth, shared some additional details about the sale. Below is the account from Politzer, which I think is interesting. Although the sale price is not being revealed by the seller or domain broker, I think you’ll appreciate his recap:

“The short story of the deal starts back in mid December when Andy’s brother James of Booth.com added us as a broker for

Three Reasons I Won’t Accept Bitcoin to Sell a Domain Name

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Adam Dicker recently opened a subforum at DNForum for people to sell domain names for Bitcoin (I wrote about it here). At the time, I said “I would accept any form of spendable and reportable currency for a domain name if the value was right and I could use or convert the currency. You can pay me in US dollars, gold, Bitcoins, or even a luxury watch if you wish.” After careful consideration, I do not think I would accept Bitcoin for three reasons.

For speculators, the large swings in Bitcoin values can be a good way to make money. It’s probably a high risk trade, but for people who are experts in that space (and/or use algorithmic trading perhaps), there is money to be made – and probably quite a bit of it. In addition, there are massive price differences at trading exchanges such as Mt. Gox and Coinbase. On Mt. Gox right now, a Bitcoin is worth around $150, and at Coinbase, a Bitcoin is worth about $590. I wouldn’t want to sell a domain name for $5,000 in Bitcoin only to find out that it is worth much less when I try to cash out.

As far as I am aware, Bitcoin isn’t

JD.com: Was it Acquired for $5 Million USD?

jd.comAccording to a SEC filing shared with me and highlighted by George Kirikos, the JD.com domain name may have been acquired for around $5 million US Dollars in 2012. JD.com is one of the largest Chinese online retailers, and the company is in the midst of prepping for a very large initial public offering.

George Kirikos shared the following information about why he believes the JD.com domain name may have been acquired by the company, which is also known as Jingdong Mall but is now JD.com, Inc.

According to Kirikos:

“I was browsing through EDGAR,

Can a New gTLD Registration Identify a .Com Buyer?

I was chatting with a colleague last week, and he mentioned that some of his keywordGTLD.com domain names have been receiving more offers now that the matching new gTLDs have become available to purchase. The new gTLDs will likely lead to people and companies trying to buy the matching .com domain name to prevent confusion and leakage. This will likely mean that it should be easier to determine who is inquiring about the domain name.

If the owner of a  keywordGTLD.com receives an inquiry on his domain name, the first thing he or she should do is perform a Whois search for the keyword.GTLD. Most Whois providers (maybe all) can check the Whois data for the new gTLDs. Instead of having to spend a lot of time trying to investigate who wants to acquire a particular domain name, that information can be found simply by looking at who owns the keyword.GTLD domain name.

For at least the near term,

Why I Like Valuate.com and Estibot

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Domain investors tend to be critical of Estibot and Valuate.com (which uses the domain appraisal algorithm from Estibot). These two websites offer free automated domain name appraisals, and in my experience, the appraisals aren’t all that accurate. In most cases, the domain appraisals tend to be beyond retail value, but that’s just in my opinion.

That being said, I think a domain appraisal service like Valuate and Estibot can actually be good for domain investors when it comes to selling a domain name.

When you do a Google search for “free domain appraisal,” Valuate and Estibot