Reuters is reporting the domain, BTC.com (Bitcoin’s currency code for now) was available on the market for a couple of weeks. Noticing the availability it was quickly acquired by Josh Garza of Connecticut-based mining equipment firm GAWMiners for a whopping $1.1m (£654,000, €819,000), Cryptocoinsnews’ (CCN) Scott Fargo reported.
Josh told CCN that he had some “huge things in the works” for the mining world and digital currencies. “Investors that are looking at Bitcoin will see this acquisition as another sign that it is worth investing in Bitcoin and Bitcoin related companies,” Fargo stated.
The rare domain name was exclusively brokered by Domain Guardians. “Whether you’re a Bitcoin startup or existing company wishing to solidify your authority and optimize your marketing, there is no better opportunity than acquiring BTC.com,” Jen Sale, co-founder of Domain Guardians, said earlier…”In the right hands, this domain has the power to change the Bitcoin landscape and establish a market leader.”
“For Bitcoin related companies, BTC.com is the best domain name currently available for sale that I am aware of,” said Roger Ver, Bitcoin Evangelist…”Any business using BTC.com would almost certainly catch a lot of extra attention because of this premier domain name.”
Domains related to bitcoins have recently become big business. The recent sale of bitcoinwallet.com is estimated to have generated $250,000. Quality domain names within any industry is key, in the forex industry it is even more pertinent to now think outside the box as many one and two word domain names have been taken, although many are not functioning. The best example of a premier domain name in FX would be the simple forex.com which is Gain Capital’s worldwide forex brokerage brand name site.