The domain industry divides again over Bitcoin – and it’s getting ugly

punch-in-the-face

Well ever since Rick Schwartz brought up the link between domain names and Bitcoin a small battle has been waging on, and it’s still going. This has led to another discussion that has to do with what people should write about on “domain blogs” and if Bitcoin is fair game or not.

I don’t write a “domain blog” – this is MorganLinton.com so not surprisingly I talk about the things I’m interested in, domain names is one of those things but I’m also interested in eSports, Bitcoin, startups, etc. So I can’t speak for myself like I’m a domain blogger, but I do know popular domain bloggers like Andrew Alleman, brokers like Andrew Rosner, and industry veterans like Rick Schwartz are definitely talking about and digging Bitcoin. Andrew, author of popular domain blog DomainNameWire.com said learning more about Blockchain was actually one of the main reasons why he went to MERGE:

One of my main reasons for attending was to learn more about blockchain and how it can transform businesses. (Source – DomainNameWire.com)

Yesterday I wrote a post about Blockchain and the first comment I got was from someone who I actually have a lot of respect for as a domainer. Seriously, go look at his site and you’ll see he owns some pretty stellar names…but he seems to be pretty unhappy about any blog that covers Bitcoin/Blockchain, at least based on his comment below:

domain-broker-com-blog-comment

Of course one commenter doesn’t speak for everyone and a number of my readers chimed in fairly saying that…yeah, this commenter doesn’t speak for everyone:

blog-comment-followup

What’s interesting to see here is how the industry is dividing. You have major leaders like Rick Schwartz, Andrew Rosner, Andrew Alleman and many more now becoming increasingly interested in and talking about Bitcoin. At the same time you have people like DomainNameBroker.com who seem to read my blog (maybe not any more now that I mentioned Bitcoin!) but want to only read blogs about domain names.

So what’s going on here? Is the domain industry getting more divided or is this an industry where people can only be myopically focused on domain names and domain names only? I personally think it would be damn boring if all the blogs on Domaining.com only talked about domain names but that might just be me.

What do you think? Comment and let your voice be heard!

{ 30 comments… add one }

  • Vito October 19, 2017, 7:38 pm

    I agree with Gene. If you don’t like it, just don’t read the blog. Go find a domaining only blog. Very simple.

    Just because these blogs have paid Domaining.com the fee to be listed on their feed, doesn’t guarantee that each and every paragraph will be 100% domain related.

    Hell, look at domaining.com lately. They have had Alts.com (excact same aggregate feed featuring all blogs about alt-coins) advertised on their site for the past month it seems. Of course I just went there and now it is not there, but you’ve seen it. It is the exact same feed as the domaining.com site. Exact same format. I believe it is theirs as well since it is identical. I wonder if he just took it down because of all of these fights about separating domaining from bitcoin? Weird. Well, it was up there being advertised on his domaining site for a while now. If you dont like it then just don’t go there either.

    I love my domaining but I am also a fan of any additional info on any new investing opportunitys.

    Reply
  • Matt October 19, 2017, 8:46 pm

    Ohhhh the drama. This might call for a Pitch Battle at NamesCon. Maybe we could have a Q&A panel of 2 bitcoin and 2 anti bitcoin domain bloggers pitch why it’s relevant and why it’s not relevant. And then the audience votes anonymously.

    Reply
  • DomainNameBroker.com October 19, 2017, 8:50 pm

    We find that these non domain related topics are diluting newsflow on Domaining.com
    Cryptocurrency and domain names are two different and non related industries.
    You might as well write about penny stocks, but why is it on Domaining.com?

    Reply
  • Bill Kara October 19, 2017, 9:28 pm

    Domain names are distinct digital assets, as are cryptocurrencies. They are directly related for those reasons. If you fail to see this, I recommend avoiding investing into either asset.

    Reply
  • DomainNameBroker.com October 19, 2017, 9:42 pm

    Currency is not in investment vehicle. In fact, the best currency is that currency that provides the most stability. Not appreciation or depreciation, but stability.

    Reply
  • Richard Hearne October 19, 2017, 10:02 pm

    Bitcoin != BlockChain

    What’s far more important than Bitcoin is blockchain. My guess is that we’ll start to see blockchain technology changing the domain industry in the next 12-18 months. If that happens people will look back at posts like this and smirk broadly.

    Reply
  • DomainNameBroker.com October 19, 2017, 10:43 pm

    And to be clear, we will never purchase any cryptocurrency, and we do not recommend to anyone to purchase any cryptocurrency. It can go to zero in one second.

    We do not know what Mr. Rick Schwarz brought up and we do not what to know. We did not invest a single dollar in .mobi domain name. And we consider his purchase of flowers.mobi for $200,000.00 a gamble. So, if he is fallen a victim of cryptocurency propaganda now, we can only feel sorry for him.

    Please do not post cryptocurrency articles on domaining. Domain name industry is what it is, it is not penny stocks, currencies, stamps, coins, real estate, timeshares, or anything else.

    Please be realistic.

    Reply
  • Bill Kara October 19, 2017, 10:55 pm

    First of all you are comparing yourself to Rick S, comparing a single large public loss he had VS the ridiculous amount of public sales he’s had that has set him up many times over for life. So yeah it happens, you don’t hit home runs all the time but he’s been at bat more times than you’ve been in the stands.

    Second, your comparison of domains are not “…stamps, coins, real estate…” well actually yes they have been compared to those 3 things many times over, by some of the best and brightest.

    Third, cryptocurrencies like gold, like paper money all fluctuate in value. Cryptocurrency more so because they are less than a decade old vs gold which is 1000’s of years old and paper money.

    “And to be clear, we will never purchase any cryptocurrency, and we do not recommend to anyone to purchase any cryptocurrency. It can go to zero in one second.”

    No it can not, and this shows your simpleton understand of how large and vast the market it. You are the same person that used to say “the internet was a fad” and one day it will all be gone. There is no going back this is what is coming and everyone interested in digital assets should take notice of cryptocurrency out of principle.

    Reply
  • DomainNameBroker.com October 19, 2017, 11:09 pm

    We voiced our opinion, but will not engage in an argument.

    Reply
  • Bill Kara October 19, 2017, 11:13 pm

    You’d have to have some counterpoints for this to become an argument.

    Reply
  • DomainNameBroker.com October 19, 2017, 11:42 pm

    We have counterpoints but we do not believe in long arguments.

    Reply
  • Bill Kara October 19, 2017, 11:53 pm

    If you can’t explain it simply, you don’t understand it well enough – Albert Einstein

    Reply
  • John October 20, 2017, 12:03 am

    We need to be talking about domains here. Because of crypto, the domain industry is losing steam and a lot of domainers are cashing out. Don’t we want to promote domaining, not crypto.

    Reply
  • raymond October 20, 2017, 1:13 am

    Bill Gates said, ‘ Bitcoin Is ‘Better Than Currency’
    Bill Gates said, ‘ NOBODY CAN STOP BITCOIN | Bitcoin Is Unstoppable’
    Elon Musk said, “I think Bitcoin is probably a good thing. I think it’s primarily going to be a means of doing illegal transactions…But that’s not necessarily entirely bad. You know, some things maybe shouldn’t be illegal,”

    Reply
  • Jijo Pappachan October 20, 2017, 2:48 am

    Holla

    I think I am one of the bloggers who first started talking about Bitcoins.

    What are we in domains for? We are here for money.

    Crypto is again digital investment. It is natural that people will get attracted to where money is. No one can stop that. If crypto is dying, you will see the reverse flow.

    I have written articles like this http://dn.domains/chinese-domain-name-investment-made-simple-cryptocoin-investors/ and have been trying to educate domainers about crypto and vice versa since long. But it is difficult to teach crypto guys about domains, I have noticed. On the other hand, I have influenced many domainers for crypto. I personally advice to have investment in both fields.

    I run Telegram/Whatsapp groups in domains as well as crypto.

    The biggest threat to domain name investments is its maintenance cost year after year.

    One area the domain industry can make use of is the payment systems crypto offers. http://dn.domains/can-domainers-make-use-bitcoins/ We are also one of the bitcoin domain escrow providers.

    Should domain blogs talk about Crypto? If it is somehow beneficial for the domain industry, yes. Otherwise, no. Have a look at this one as well: http://dn.domains/cryptocurrencies-threat-chinese-domain-name-investments/

    Reply
  • Rick Schwartz October 20, 2017, 4:41 am

    I am never smart enough to figure it out but I do always start with an assumption. I did a survey on Twitter this week to either verify or nullify my assumption on interest domainers have. This shows the industry is not opposed to crypto. GOOD JOB!

    Those that are not interested in that are welcome to ignore. That’s their choice and I respect that. Just don’t make rules for everyone else.

    But the two ARE linked in multiple ways. Bill Kara is spot on.

    The survey question:
    “As a #domainer do you dabble in #bitcoin or #crypto? I think about 20% of domainers have some overlap. Let’s see. #Domains #GTLD #Startups”

    I guessed 20% BEFORE I did the survey. This is how “I” calibrate MY assumptions. That’s why I have always used assumptions and while not always right, I always get an answer. I follow the path even if I got it wrong. I just adjust to new info.

    15% I’m a Domainer PERIOD!
    21% I’m a Domainer but dabble
    15% I have no interest in BTC
    49% I am open to BTC/Crypto

    73 Votes.
    I NAILED the 20% Governor!
    But another 50% are open and interested
    So 70% of those surveyed are YES and OPEN to Bitcoin and Crypto and 30% are not.
    That is a VERY clear majority of those surveyed. Debate over!

    As for Domain blogs and their content. I want to be informed of ANY and EVERY new opportunity whether related to domaining or Ping Pong! I read domain blogs to stay on the cutting edge. Domainers ARE cutting edge and that is just another link to crypto.

    The fact is there are multiple parallels. I dig hard to FIND those parallels. I don’t use my time and energy to close my eyes to them. It’s all a personal decision.

    And if there is no relation, why is Domaining.com now the aggregator for the cryto sector at Crypto.info and linked directly from domaining.com? I think this also proves the connection.

    btw, I think you forgot to add Mike Berkens to the list.

    Reply
  • asset.domains October 20, 2017, 5:45 am

    interesting that domainers are trying to dissociate bitcoin / cryptoband domains and are forgetting to mention .eth (ethereum name service) / blockchain names , this is the first step into crypto world for domainers , but only few topics around, with some running marketplaces.

    Reply
  • Francois Carrillo October 20, 2017, 6:52 am

    I confirm I love domaining, I love crypto…

    If like many domainers you also love crypto then I invite you to post an “I love Crypto” badge in your site or in your social media:
    https://crypto.info/award/

    Thanks for your help!

    Reply
  • Nic Danger October 20, 2017, 7:34 am

    More millionaires made in Crypto in the last 3 months than in domaining in the last 20 years. I am one of them, Crypto retired me and my family, cashed out spending every day with my new grandson. Regarding domains, it was a good run, but after 15 years, I lost the passion for it personally that is why I got into Crytpo. To each there own though.

    Reply
  • Mike Sallese October 20, 2017, 8:08 am

    Totally agree with Bill/Rick here that there is a definite link between crypto and domains. In fact, Crypto domains as a category have been hot with 72 sales so far per NameBio (versus 12 in 2016)! This includes some very nice sales like CryptoBank for $125K and CryptoNews for $50K!

    https://namebio.com/?s==UzN4IjM3QTM

    Personally, I can attest to a lot of activity on my crypto/bitcoin/blockchain/fintech names versus prior years.

    In addition, Namescon recently announced that “blockchain will be a key content pillar” in its upcoming conferences *and* that tickets can be paid for using bitcoin/ether.
    http://namescon.com/news/rock-around-the-blockchain

    For better or for worse, there is a definite link (and BTW crypto.info is a great resource!)

    Cheers!

    Mike

    Reply
  • kd October 20, 2017, 9:43 am

    Crypto and Domains are similar

    – They are both digital and are both somewhat “tangable” while somewhat being “intangible”
    – They both rely on the Internet to work
    – They both can reward early adopters
    – They are both technical and hard for layperson to understand at first
    – They can both make you money. They can both lose you money.
    – There is one clear winner in both (.com is synonymous with bitcoin and .net is synonymous with Ethereum), and lots of people trying to replicate that success elsewhere (.mobi, .link, .whatever versus Litecoin, Iota, Dash, Ripple, Ark)
    – Domains and the Internet have changed the world forever, and many people believe that crypto can change the world nearly as much in the next 20 years.

    So yes, they are similar in a lot of ways. I for one don’t mind reading both, but want my domain blogs to be mostly domain related.

    Reply
  • Gene October 20, 2017, 10:23 am

    It’s not even worth responding to [all of them] at DomainNameBroker…

    @kd
    “There is one clear winner in both (.com is synonymous with bitcoin and .net is synonymous with Ethereum), and lots of people trying to replicate that success elsewhere (.mobi, .link, .whatever versus Litecoin, Iota, Dash, Ripple, Ark)”

    For the time being, that’s the way it seems, but in the near future you will may see the ‘flippening’ happen. However, even if BitCoin retains a price that’s much higher than ETHEREUM, your analogy is not accurate.

    As the ETHEREUM platform gets built-atop with thousands of dapps (now that the Byzantium upgrade is pretty much complete), the fundamental demand for ETHER will explode. And that happening is a fairly safe bet, as evidenced by the numerous huge companies who have joined the Enterprise Ethereum Alliance (https://www.coindesk.com/enterprise-ethereum-alliance-adds-48-new-members/ ).

    So relegating ETHER to the second-tier of cryptocurrencies, when huge numbers of enterprises, as well as some governments, are backing this horse in the race is a big mistake.

    Also notice how when you read the articles and quotes urging “caution” or saying that crypto is a “scam” or “ponzi scheme” — they’re nearly ALWAYS talking about BitCoin, never ETHER.

    Reply
    • Steve October 20, 2017, 7:49 pm

      Remember the dao???? Took over a year to get ether back out of that. That has never happened to BTC or LTC. LTC is the little brother to btc. Charlie is turning ltc into a powerhorse that has already completed atomic swaps. Swapping digital assets without centralized exchanges, peer to peer! LTC should be 1/4 the price of btc if basing on supply. 21 mill btc to 84 mill of ltc. $6k for btc then ltc should be at $1500. Its at $60. Huge buy imo. Super fast transactions. Once you try ltc you never go back. Have fun!!
      Vires in Numeris!

      n

      Reply
  • Jeff Schneider October 20, 2017, 1:52 pm

    Hello Morgan,
    The Bitcoin/BlockChain Fad comes at a time when people are throwing money at fundamental gambling ploys. We are warning Domainers and our clients STEER CLEAR! We may be wrong on this, but we don’t buy the enchilada.
    JAS / Former (Rockefeller I.B.E.C. Marketing Intelligence Analyst/Strategist) (Licensed C.B.O.E. Commodity Hedge Strategist.)

    Reply
  • Frank Mueller October 22, 2017, 12:18 pm

    I know near to nothing about Bitcoins and Blockchain..

    but I do know that a person who claims
    that he doesn’t want hear about blockchain…

    may want to get rid of that big rock
    he is living under

    he could easily claim he doesn’t want to know about php or html
    or internet or waves.

    blockchain describes a method
    how to secure trust

    https://www.youtube.com/watch?v=k53LUZxUF50&t=306s

    cheers
    Frank

    Reply
  • DomainNameBroker.com October 23, 2017, 4:14 am

    We have learned about blockchain and decided to invest in it.
    We do not agree that blockchain and domain names are in the same industry.

    Thank you.

    Reply
  • DomainNameBroker.com October 23, 2017, 6:14 am

    It does not appear as it is easy to invest in bitcoin.
    We advice everyone to read “Committee 300”
    Kind regards.

    Reply
  • DomainNameBroker.com October 23, 2017, 7:10 am

    We decided not to invest in bitcoin, as it appears as an inflated, but a nonviable financial instrument.
    We might be mistaken, but we find substantial similarity between bitcoin and dot com stocks before the crush.
    Kind regards.

    Reply
  • Alex Verdea October 23, 2017, 4:29 pm

    Bitcoin is a scam IMHO.

    Reply
  • Robert McLean October 26, 2017, 3:01 am

    Digital Investment Vehicles lump gold, cryptocurrencies, domains, apple etc. ad infinitum …

    The essence and beauty and value of the domain name are lost, if thought only an investment vehicle.
    The domain name as a brand, as an idea has the flexibility and breadth of business development possibilities that render mute any singular, parallel comparison as simply a digital investment vehicle.

    IMHO, the domain name can be compared to a symphony where bitcoin, elvis.

    Reply

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