I think Bitcoin is in trouble. Of course everyone says that who doesn’t believe in it. One of Bitcoin’s hopes was that it could replace gold as a store of value when the stock market was down, overall economic downturn, or problems with the dollar. None of that is proving true. As the stock market falls so has bitcoin. If you watch Bitcoin its merely an income producer for the biggest holders. Holders that will always be the biggest holders because of the way its designed. A limited amount of coins will be made from this point on. They trade it up to $10K and then sell it down to $6Kish. Then they buy it back and repeat the process.
Here are a few reasons I don’t see any point in owning bitcoin.
One, it does nothing that I can’t do elsewhere. I use my phone to pay for stuff. I keep a spare credit card and $20 in my phone case and its all I need. Bitcoin just isn’t a good digital payment.
I think Apple stock is a better place to put my money if I want to hold it. Its super liquid and I can withdraw my money from my trading account same day. I’ve had good gains, smaller fluctuations, and I feel more comfortable.
As I mentioned above bitcoin doesn’t appear to be similar to gold in that it doesn’t hold during downturns . It was the one reason I even contemplated owning BTC
I have plenty of asset diversification. I probably have more than most domain investors in that I own a few businesses, have a broad range of investment types, and have joint investments with my wife as well. A bad economy certainly hurts me but my bonds, land, and real estate hold a little better than the stock market.
Finally, the main reason I don’t like bitcoin is anonymity. The lack of tracking and anonymity of transactions lends itself toward corruption. When there is no way to track the bad it will spoil the good. The first time I sent bitcoin and worried for the next 15 minutes of whether I typed in account wrong reminded me that I should never have to worry that much about sending money. I should be able to make a mistake and not lose everything. “So don’t make a mistake” I won’t. I’ll just wire it.
Domain of the Day: Koodle.com The kind of name I’ve been buying for a decade. Used to be much cheaper. And I admit the ones I’ve sold are not the names I thought would sell first. in short, I still don’t know shit about domains
Quote of the Day: “When you can’t control what’s happening, challenge yourself to control the way you respond to what’s happening.“
Park.io Names at Auction or Dropping
Scraper.io This name is crushing it. We all scrape sites but still didn’t think that this would go this high. Great name though
Brain.vc Because you want your investor to be smart
Tasteful.ly Good hack of the ly tld
Rotate.io good tech terms pivot or rotate
Muffle.io I can see an app with this name. Just don’t know what it would do besides make something quieter
Tonto.io Can’t think of a better sidekick than this. Of course he was was so stereotyped it was racist
Namejet and Sedo Domains at Auction
DirectForex.com 16 years old and good CPC. Forex affiliates programs have remained better than brokerage because its still not free trading like stocks. Reserve met
OA.com I knew this would hit reserve and it did
Down.io I think this one sells. Reserve is under $1000. “Are you down?”
ONL.com Reserve is under $50K . I think it could hit it
Lolo.io I like the rhyme, just not the reserve
OT.tv Not one single bid. Dot TV is really dead
45.io Don’t see a NN.io very often
Commercials.net No bids. Commercials and .net don’t seem to be too popular
SomeoneCares.org not sure of the resale value but aged and a great thought
PhoenixCycle.com Pretty sure someone sells bikes or motorcycles in Phoenix
eUnion.com 23 years old . Taken in 22 other TLDs
YouSuck.org You suck so bad I’m forming a non profit around it
MyEmailBox.com Registered in 19 other tlds
Klyk.com No reserve. My favorite kind of auction
Tracksman.com Sounds like a running fashion line or a piece of construction equipment
Teeno.com Porn or teen themed something
Godaddy Domains With Bids
MusicCafe.com Pretty sure it won’t be a physical location or cafe
USTar.org Top number of bids on the Godaddy board and its not for the name quality
Uncollege.org Same here but the high quality .org links are driving this price up
MembersArea.com everyone likes to feel special
BJuice.com B stands for Beetle
CBDSpot.com We still doing CBD names?
PsychicNetwork.com If it works then someone already knows the final price of this thing
iBrag.com I do and I’m sorry. I’m just so proud of her
ElectraPay.com Sounds cheesy which means its an awesome name
ChooseOrganic.com Don’t guilt me into choosing organic. Price me in to it
DSPR.com Really nice LLLL.com The kind I’m going to buy
CycleBuddy.com Buddy has been a naming convention for decades now
JohnHenry.net So many things and people named John Henry that the dot net has value
MrStrong.com How many names can Adam buy in one year?
PrimeApartments.com Makes them seem so much better than regular apartments
Oliga.com Last name, Indian food, and nice looking 5L.com
Xilen.com Another one here
MediaHit.com 1999 birthday
NationalTickets.com As good of a name as any for an events ticket reseller
SuperHook.com Clean brand, easy logo
Godaddy Names With One or No Bids
The Rest of the Godaddy Names With Bids
360Yacht.com
38239.com
531313.com
789795.com
831313.com
89707.com
92189.com
Adequatellc.com
AllOkSoft.net
AlphaDogCollars.com
AsiaToto1.com
AssetAccounting.com
AuthenticPromotion.com
BerkslancasterFleaMarkets.com
BigLeegs.com
BitWhite.org
Briefly.net
BuildPal.com
CanadaReady.com
CapHillChamber.org
CenterSlo.net
ChicagoHeatingCoolingPros.com
CorbyRadio.com
Ctsbdc.org
Dake.net
DateWay.com
dd73.com
DemocracyForUs.org
DFW88.com
DiabAssocThai.org
DondasHouseInc.org
EMKX.com
Enlander.com
EQWO.com
EventfullyYours.com
Filmaksi.org
FitStyleLife.com
FMPlus.org
FranquiciasDeMexico.org
GamingToto.com
GoFirstRow.com
GolfingPromos.com
GoliAd.org
GTWY.com
HeroTemplates.com
Hulozila.com
Include-Media.com
Infagames.com
InklingsLiterary.com
iuoestateunit12.org
JHIZ.com
kj610.com
LifeGenTech.com
LikeToHelp.com
LotusMountainRetreat.com
LXE.net
MonthlySpecials.com
MovieJoa.net
MovieVoom.com
Naufragati.com
NDRSScholarship.com
NyEnvironmentReport.com
Observatory-Elites.org
Opaca.com
OriginalGreatAmerican.com
Osservazione.org
pd4pic.com
PlusChrome.com
Pussee.com
QFTArchitects.com
Qualifind.com
RainAwayRoofing.net
RedFox.net
RestorationBeauty.com
Samasa.com
Sbosma.com
SDelibros.com
Seventure.org
SoapboxCollaborative.org
Sochis.com
StacyKranitzProjects.com
Taproots.com
Tarena.com
Techofist.com
Techtreme.com
ThePontela.com
Time-Management-Guide.com
TotoMajor.com
TotoWager.com
TotoWorks.com
ukdca.org
United-Burmese.org
UnixPower.org
Vedsol.com
ViralForest.com
Whisperly.com
WholePet.com
WinWinCoffeeBar.com
WPedia.com
Zcar.net
ZoganTo.com
Have a name at auction and need more exposure? Send me an email. We Charge $10 per name per day. We may be able to help. If you have an auction you want to promote, email us for details.*All names chosen by us, Shane and Josh . (ie you click through and purchase a name you like) or an occasional paid listing. Everything we say is based on our own research or is opinion. Do your own due diligence. That means look it up yourself if you don’t think the stats or our opinion is correct. We hand choose the names but we are paid to make this list by both the auction houses, individuals that are auctioning names, and Godaddy affiliate links. Keep that in mind and only buy names that YOU think are good.
100% agree. When I would move any coins around I would sweat until it showed up. That’s not peace of mind so I don’t think many people would use it as a “store” of wealth. They just want to buy it and sell higher. Too many stories of accounts getting stolen too.
It’s too early for mass adoption. Far too convoluted/technical to get started (including legal roadblocks) and unclear implications e.g. tax, and too many risks including the one you noted where one mistake could be very costly. The blockchain is here to stay, but it’s a work in progress. Give it a few decades.