DNForum Opens Domain Sales for Bitcoins Section

Last night, I happened to come across a new domain sales section on DNForum, “Domains For Sale (Accepting Bitcoins) – Fixed Price.” People who want to sell their domain names for Bitcoins as payment may list their domain names for sale in that specific forum.

According to an unscientific poll I ran the other day, a little more than half of the people who voted in the poll said they

Tip: Don’t Check In on Unreturned Emails

5

For the most part, I will return solicitation emails when people ask if I want to buy their domain name(s). While the vast majority aren’t close to being of interest to me (keyword .com domain names are almost exclusively what I buy), I do my best to give a “no thanks” or something along those lines because I think it is courteous.

In addition to these emails, I receive a ton of guest post and SEO pitch emails. I almost never reply to those emails because I have absolutely no interest in working with someone who needs to make these types of unsolicited emails to get business. I don’t want to give someone an opportunity to add me to a “responsive” email list for future solicitations, nor do I want to get another sales pitch.

One thing that irritates me is getting an email like this:

Managing Sale Listings Post-Inquiry

I assume that most people with domain name portfolios have sale listings at marketplaces like Sedo, Aftermarket.com, and Afternic. If you’re like me, you list some domain names for sale at BIN prices and others are of the make offer variety. On occasion, I will update the prices as the market dictates, although I often “set it and forget it” in the words of infomercial star Ron Popeil.

Oftentimes, inquiries for my domain names either come from the domain name’s landing page or as a result of my emailing potential buyers. Because of this, many prospects don’t see what price a domain name is listed for on a marketplace, so there could be a price difference – sometimes more or sometimes less depending on market and business conditions.

When this happens, a prospect could

Would You Accept Bitcoins for a Domain Name Sale?

29

chartThere has been considerable news about bitcoins and the rising value of bitcoins. There was an opinion piece in the Wall Street Journal yesterday, and other publications have written extensively about bitcoins. You can search Google News and see hundreds of mainstream articles about bitcoins and bitcoin values.

I know a few people who have been involved with bitcoins and bitcoin mining, but I haven’t gotten involved yet (as you can see from the QR code I added with 0 BTC). I’ve considered putting a few domain names up for sale in exchange for bitcoins, but I still have a number of questions about them before being willing to accept bitcoins for valuable domain names. Volatility is an issue for me; I wouldn’t want to sell a domain name for $10k worth of bitcoin and see the value drop 30% before I collect the funds. I assume some buyers would have the same issue, too.

Namecheap is one domain registrar that accepts bitcoins for payment. This proved to be a smart move for the company, as the value of a bitcoin has increased tremendously since announcing this.  I assume other domain registrars and domain service companies will follow suit, although I don’t know when that is going to happen. I love the idea of it though.

I am curious about you. At this point in time, would you

Do More Due Diligence on a Buyer

6

I recently learned about a large company that was re-branding one of its business units. I did some domain research to see if they had acquired a matching domain name, and the domain name is now owned by one of the large brand management and protection firms. I wanted to see if I could learn how it was acquired, and that’s where it got interesting.

A couple of years ago, the domain name was owned by a domain investor. I don’t believe I know the person, but the registrant name makes it pretty clear that it was owned by a domain investor. It’s also parked at Internet Traffic still, so that makes me think the brand management firm hasn’t changed the DNS yet.

In between the domain name being owned by the domain investor and brand management company, there was an interesting registrant.

Deadline for Hilco Real Estate Domain Sale is Next Week

0

As you can see from the banner on the right sidebar of DomainInvesting.com, Hilco Streambank is in the process of selling over 2,000 real estate domain names  that are primarily focused on the foreclosure space. Bids to purchase the domain names are due one week from today, on December 19, 2013. The company that owns the domain names is Adaptive Marketing.

I had a look at the package of domain names, and some of the highlighted names included in the deal are: