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/biz/ - Business & Finance


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2065292 No.2065292 [Reply] [Original]

The domain exchange.eth sold for 6660ETH ($1.1M)

https://etherscan.io/enslookup?q=exchange.eth

How do we make money off of this?

>> No.2065321

>>2065292

THAT ETH GETS LOCKED UP FOR A YEAR IN A CONTRACT MEANING LESS ETH IS IN CIRCULATION EQUALS ETH PRICE GOES UP ALA SUPPLY AND DEMAND.

>> No.2065358

>>2065321
but if you win a bid, can't you sell the domain before the year is up?

>> No.2066050

>>2065292
O wow. Time to register all popular names like facebook, google, or a lesser known ones so less bids and hopefully one day it'll be popular and sell for millions.
EASY MONEY BOIIES

>> No.2066065

Bet on websites' sale price

>> No.2066081

>>2066050
Wait how the fuck do you do this?

>> No.2066136

>>2065292
>The domain exchange.eth sold for 6660ETH ($1.1M)


False information. It did not "sell". It got locked up and they can release it after a year or so and get their ETH back.

>> No.2066140

>>2066081
GO here: https://registrar.ens.domains/

>> No.2066195
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2066195

>>2065292
Illuminati confirmed

>> No.2066448

What does locked up mean

>> No.2066512

>>2065292
"myfirstlastname".eth opens for bidding soon. Cant wait to get it. Who here is doing the same?

>> No.2066519

>>2065292
If I understand correctly that means the second highest bid was 6660 eth. correct?

>> No.2066562

>>2065292
>https://etherscan.io/enslookup?q=exchange.eth

Is this a joke? the extension .eth is horrible.

You could have bought exchange.com for a million or less most likely...

>> No.2066571

also ens domains don't even have a license with ICANN so you will need to use some TOR-like web browser or a browser/dns extension to even view the websites...

sort of like what OpenNic or tor does with .onion, .fur, .glue, etc.

>> No.2066583

>>2066562
Idiot