He bought the domain in 2017 for $16 and sold it for half a million. True diamond hands?
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[Someone offered $500 ](
Initially he wanted 10 BTC for the domain.
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[10 BTC offer](
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[This is how it went](
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[GoDaddy Broker first offered $500 ](
GoDaddy Broker first offered $500 for the domain which was already an insane amount for $16 domain But he negotiated his way to $450K.
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[This person had some dedicated. He declined 12,500x profit.](
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First the broker didn’t like his 10 BTC demand, was also shaming him for his insane demand.
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If you want to read the whole thread
source: [
So what’s the domain?
I see some people chose a different approach to crypto investing. This is crazy.
How many of you are going to buy random domain names after this?
Never had any luck selling my $10 domain. I would have jumped at a $500 offer. Looks like holding actually works.
Plot twist: he sold to himself as a money laundering scheme
Damn, that domain must have been a gold mine for them to pay almost half a mil
If I had to guess, it’s something like crypto.us
Him probably
As everyone else has asked… what’s the domain?
Probably wasn’t even a crypto domain lol
I once bought some domains for a biotech business I dreamed of starting, eventually I found out I freaking hate “modern science” and most scientists in general. I got offers on some of my domains but one I was able to take an offer for $500. I thought I made out like a bandit. This, right here, is incredible. I bow down to this level of trollery
Binance.US was first registered in 2017 when OOP bought their domain.
If I had to guess which companies in crypto would drop a bundle like that on a domain. That would be one of them.
That’s an insane investment. He truly got every ounce of money from that site.
I’m a moron that would’ve probably taken the first offer.
Ragpull.us, i guess
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Domain names are actually the “Genesis case” of non fungible tokens.
I’m surprised they didn’t use a trade mark infringement attorney, maybe just the cheapest fastest way out. Imagine buying Nike.us , you bet you butt they’re taken it away from you in a second no negotiating needed. ICANN will allow that.
That guy has more balls than brains, so I’d read his victory lap with some caution. Sure it worked out for him, but he wasn’t a wealthy guy and it could have easily fell through because of his negotiating tactics. And in the current market conditions it’s probably worth a lot less.
It is a cool story but like a lot of these stories there is survivorship bias; if the negotiations had failed and he bungled it he wouldn’t be posting how he made a life altering mistake.
I sold wenlambo.io for $5000 a few months ago. Picked it up mid 2021. Had plans for it. But no way to create a legal usage for it. Got a random offer, and said Thank you very much.
For a dot US? They fkn high. Wow.
It is hilarious, but it’s pretty random how buying a random domain couple equate to a fortune 😂
Crypto.com
ENS is flying
Paying 400k+ for a domain name with no brand or reputation. Absolute morons.
You can name it anything and as long as its a well designed site that offers incentive to go there it will be successful.
I think this is fake no one can truly be so fucking stupid.
Good investment.
Outstanding move
Why is the domain name redacted ?
:/
I’ve actually thinking about and researching buying domain names for a few months now. This is my confirmation bias that I indeed should
I mean is it really a $16 one-time purchase? I have to pay for my domain every year, almost like paying rent
I believe it has to be a .US domain, since those are the examples provided by GoDaddy.
Maybe crypto.us, or something related to crypto coins, or DeFi.
The problem with negotiating remotely is you have no idea of the other persons temperament and needs. I’m pleased the OP did well but any of the refusals bar the first one could have seen the buyer take offence and walk. Mind you as there is a broker in the middle of the deal then they’d manage comms and to hopefully avoid that happening.
Well done.
Go and check ens domains.
Floor is at 10 ETH for 4digit numbers.
3 digit for 30 eth or so.
Gotta hire a couple of creative guys and open up a buisness
wow… awesome!
it’s so much better than hodling my shitcoins!
So, not “all the way to half a million”
I bet he doesn’t invest it in crypto 🤣
Investment done right
I take it no one will be paying me half a mil for 1inchwonder.crypto?
The real thing to invest in was domains after all.
Now get ready to buy some Elonmooncum.com
$435,000 for a “.us” domain name?
“” I know my worth” can go so wrong so quick, try not to live your entire life like this, you’ll end up missing out on a lot of opportunities.