Bitcoin Domain Sales Parallel Current Events

Thanx to Michael Berkens to highlight BitCoins’ explosive popularity, and to theDomains for the references on sales and Boston registratrions, in two years of Coin domain reported Sales:

Nov 2011 $1,200.00
Dec 2011 8,000 EUR
Jan 2012 $2,500 $11,000 750 GBP
Feb 2012 $2,200.00
March 2012 $3,000
April 2012 5,500 EUR
May 2012 1,100 EUR 1795 USD
August 2012 1,600 USD $2,000.00
September 2012 1,200 USD
December 2012 3,700 USD
Godaddy auction: coins.INFO Auction is open 505 505 21
January 2013 1,000 USD $17,500.00 1,500 EUR

February 2013 1,000 GBP 1,000 GBP
March 2013 2,800 USD
April 2013
Boston Registrations: 1,750 GBP $2,000
May 2013 $1,788 $2,488 $1,125 3,500 EUR $1,508.00 4,900 EUR 2,100 EUR 1,100 USD 3,800 EUR
June 2013 $2,295.00 1,000 USD $1,500 $1,615 3,000 USD
July 2013 $1,500 $1,000 $3,118 $5,525
August 2013 2,900 EUR 700 USD
October 2013 150,000 USD $1,095 $10,000 $4,869.00 1,000 USD
November 2013

HA Auction $1,840.00 $2,990.00 $373.75 $690.00 $3,400.00 $1,199 1,200 USD $1,300 $1,200 $4,000 800 USD $1,600

Moneta, which means, currency, or coin, in Italian, was the highest, “coin,” domain, selling for $150,000.

Then, sold in the five figures, at $17,500, and at $11,000, and, at 8,000 EUR, which translates to $10,854.40.

Timothy B. Lee of The Washington Post filled in more about the limited nature of BitCoin:

One of the unique things about Bitcoin is that every transaction on its network is publicly available for anyone to examine. Any time a user sends a payment to another user, that transaction is reflected in the “blockchain,” a global, permanent ledger of Bitcoin transactions.

You can examine every Bitcoin transaction that has ever occurred at a site called


Each Bitcoin address is associated with a secret encryption key that allows the owner of that address to transmit the bitcoins to another address.

Interesting! This is from the November 23rd article, Here’s who (probably) did that massive $150,000,000 Bitcoin transaction.

Purely from a news perspective, it is fun to backtrack the sale of Coin domains, now that BitCoin got the okay from Ben Bernanke and is rallying in worth. I didn’t even know what BitCoin is, before Mike Berkens of theDomains published his article today, If A New gTLD Applicant Used His $185K To Buy Bitcoins Instead His Investment Would be Worth $30 Million, defining bitcoin as mathematically limited currency in cyberspace:

Bitcoin is just a mathematical equation its limited by its own math.

Moreover Bitcoin is set up by design to work like a real mine, the more the mine has been mined, the harder it gets to mine new material.

Here is some more information from

“”New bitcoins are generated by the network through the process of “mining”.

“In a process that is similar to a continuous raffle draw, mining nodes on the network are awarded bitcoins each time they find the solution to a certain mathematical problem (and thereby create a new block). Creating a block is a proof of work with a difficulty that varies with the overall strength of the network. ”

“The reward for solving a block is automatically adjusted so that roughly every four years of operation of the Bitcoin network, half the amount of bitcoins created in the prior 4 years are created.

10,500,000 bitcoins were created in the first 4 (approx.) years from January 2009 to November 2012.”

“Every four years thereafter this amount halves, so it will be 5,250,000 over years 4-8, 2,625,000 over years 8-12, and so on.

Thus the total number of bitcoins in existence will never exceed 21,000,000″”

Neat stuff! Then, I went over to, which is hard to access, because it is subscription only, but did come across the above video about bitcoin, before this past week’s runnup of the value of Bitcoin on the news of Ben Bernanke.

Mr Bernanke, in a letter to the Homeland Security committee, pointed out the Fed’s longstanding view that while virtual currencies pose money laundering and other risks, “there are also areas where they may hold long-term promise,” according to an article in, Bitcoin hits $785 with a little help from Bernanke.

Tom Carper, chairman of Senate committee on homeland security and governmental affairs said, “we need to develop thoughtful, nimble and sensible federal policies that protect the public without stifling innovation and economic growth.”

With the reported Coin domain name sales, since November 2011, Bitcoin appears to be ON!!!


If A New gTLD Applicant Used His $185K To Buy Bitcoins Instead His Investment Would be Worth $30 Million – theDomains, November 26th, 2013

Bitcoin hits $785 with a little help from Bernanke, November 18th, 2013, by By Delphine Strauss in London and Stephen Foley in New York

Here’s who (probably) did that massive $150,000,000 Bitcoin transaction- – November 23rd, 2013, by Timothy B. White of the Washington Post

More Recent News:

‘Cryptocurrency’ on the rise: Bitcoin tops $1K – November 27th, 2013, by Alistair Barr, USA Today

Cyberattack Leads to $1 Million Bitcoin Heist- November 25th, 2013, by Lorenzo Franceschi-Bicchierai of Mashable

How to mine Bitcoin with your Mac- November 27th, 2013, by Jason D. O’Grady for The Apple Core, which appeared in ZDNet.

Much Ado About Bitcoin – November 26th, 2013, Opinion Piece by Adrian Chen in the NY Times, with over 150 comments

Winklevoss twins’ risky Bitcoin bet – July 2nd, 2013, by Maureen Farrell, CNNMoney

Winklevoss Twins Say Bitcoin Market To Hit $400B, Urge Regulators Not To Push Innovation To China – November 12th, 2013, by Agustino Fontevecchia in Forbes


BitCoin on Wikipedia
Directory of Stores Which Accept BitCoin with BitPay – Invoice in USD, and receive bitcoins
Latin American Bitcoin Conference – Who’s who in Bitcoin
How I make money mining bitcoins – Youtube Channel CNN Money
BitInstant – Winklevoss Twins project
Why Bitcoin Could Justifiably Maintain a Price Well Above Its Usage Value – November 25th, 2013, Bytemark Computer Services Blog

26. November 2013 by Louise
Categories: Home | 2 comments

Comments (2)

  1. Just think how much these domain names are worth today! Some great buys back then!

  2. I think the anonymous cryptocurrencies will do better in the long run…Darkcoin and Anoncoin especially.