Let’s run a little expired domain experiment with a “Bitcoin” domain

Bitcoin Domains

Years ago I hand registered a bunch of domains with the word “bitcoin” in them. Now, before I go any further let me be clear – I’ve never really made any money with hand registered domains, the vast majority of domains I’ve sold have either bought through an expired domain auction or directly from the owner.

I’ve had a few sales here and there from hand regs but I think the largest was DreamVodka.com for $2,500 so really nothing to write home about.

When Bitcoin was getting popular and in the $200 – $300 range I hand registered a handful of domains with the word “bitcoin” in them and to-date I have had zero offers and zero sales on all of them. Of course when you hand register a domain in many cases you’re very late to the party so you’re getting the junk, the scraps left over after people who knew a lot more than you about a subject picked off the best ones.

Lately I’ve been seeing pretty terrible domains with the word “bitcoin” in them expire and see some pretty interesting bidding activity. I think there are just some investors out there who think, “if the domain has the word bitcoin in it then it must be worth money!”

So I thought I’d track a domain that I’m dropping that I personally think is the worst of the names I hand-registered and honestly isn’t even worth reg fee…and we’ll see how it does on the expired domain market.

I wanted to write about it now since it just expired so there’s still quite a bit of time until it goes to auction. If I wrote about it too close to the auction I could screw up my experiment because then I could cause people to bid on it. Instead, now most people will forget and I can just talk about it after the fact.

That being said, if you want to follow along, the domain is BitcoinGroove(dot)com, a pigeon shit of a domain that I’m dropping. Now let’s see if someone picks it up, if a bidding war starts, and if just the word “bitcoin” itself makes it an attractive pick once it his the auction block.

As I’ve said many times before like a broken record, I think the best opportunities in the domain investing world are with .COM domains either bought through expired domain auctions or directly from the owner. While you can get lucky here and there with hand-registered domains, building a profitable business with any meaningful revenue with them is almost impossible IMO.

What do you think? I want to hear from you, comment at let your voice be heard!

{ 15 comments… add one }

  • Iniyan August 25, 2019, 7:32 am

    Hi Morgan,
    Did you mean to say hand registered domains in the last line? Because I have a portfolio of almost exclusively expired domains and the returns have been consistent and substantial.

    Reply
    • Morgan August 25, 2019, 7:39 am

      Yes, that is exactly what I’m saying – hand registered domains are usually a waste of time and money. I put my focus on buying expired domains and domains from other people directly.

      Reply
      • Logan August 25, 2019, 10:15 am

        Then you should fix the last sentence to say hand-registered domain names instead. It’s confusing as written.

        Reply
        • Morgan August 25, 2019, 12:13 pm

          Doh! Good catch – that’s what I get for blogging first things Sunday morning before my coffee 😉

          Reply
      • Sam August 26, 2019, 1:23 pm

        Morgan, I would like to disagree on a friendly basis. I have made a lot of money (too embarrassed to say how much), selling newly registered domains. My strategy is a little different than most however; I focus on finding a buyer before I register the domain. What do you have to say for yourself in answer to this? Let’s just say its a friendly sword-to-sword disagreement. I remain your loyal fan and avid reader. Thank you for letting me reply to your comment. – Sam

        Reply
  • Jay August 25, 2019, 7:44 am

    I have a lot to say and retort, but you didn’t like me talking about being a gamer such a long time ago on your esports post, didn’t even allow my perfectly fine comment to show up, did you?

    Reply
    • Morgan August 25, 2019, 12:15 pm

      I don’t filter my comments, everything is approved – go nuts my friend!

      Reply
      • Sam August 26, 2019, 1:27 pm

        Oh yeah? Everything you say? What if I want to list my domains for sale? PeepingTimBoy.com and HotdogsAmaze.com still on the shelf for anyone who can dance the dance and come up with a reasonable offer. Start your own online hotdog shipping business with a domain that says it all. No need to brand this bad boy, just print some business cards and get boiling them hotdogs. Other domains are available as well upon request. Hit me up here in the comments of this dude’s “blog” for a complete list. I reply same day. -Sam

        Reply
  • bdsmStore.com August 25, 2019, 11:36 am

    if there is any bidding activity, HugeDomains will always bid it up…

    But what i find more interesting is that if you outbid HugeDomains and win the auction let’s say for $600 and they have the losing bid of $500…

    Now, if you try to resell this domain to them for $100, they will not be interested.
    Why???

    They just bid $200, $300, $400, $500…but now don’t want this name for $100 after one week…why???

    Ok back to your bitcoin domain…
    If there are 2 bidders, expect HugeDomains to drive the price up.

    Reply
  • Gus Puss August 25, 2019, 12:42 pm

    hand regs are the best long term investments

    the other stuff best for short term

    Reply
    • Morgan August 25, 2019, 1:12 pm

      Nope – hand regs are not the best long term investments. The best long term investments are good one and two-word .COMs that are often bought off a drop or from an existing owner. Hand regs are often not assets, in most cases they are liabilities.

      Reply
  • Bul August 25, 2019, 3:49 pm

    I am struggling to understand your statements about hand registered domains. Your so called “drop” where most probably hand registered by someone. If you havent made money off hand registered domains, chances you’re bad at copywriting. I went into my records and found that all my 10k domains and above where all hand registered. My average holding period was 7 years. Ofcourse if you did depend on reported sales as your barometer for what domains are selling you wouldn’t know. BTW, can you define what hand registering means?

    Reply
  • haha August 25, 2019, 7:19 pm

    lmao no wonder you never got any offers…. bitcoin groove im on the floor laughing so hard it hurts….. haha ha.

    Reply
  • Jose August 26, 2019, 9:59 am

    Unfortunately the bitcoin domains many of them sell in their principles and then in the break due to falling markets get very interesting expired domains that bought the same ones to let expire but had to pay a lot more to recover what for themselves was a mistake let them expire since their value was increasing when searching with Landing page ads the ways to have more conversions do the same and even have platforms that you can use yourself.

    Reply
  • CB August 28, 2019, 2:35 pm

    I agree. Most of mine came from expired lists before the auctions or after they were auctioned and I picked them up at a good price for business use. The only hand registered stuff I have were done 20-25 years ago.

    Reply

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