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Verisign: Rise In Value Of Bitcoin Causes Surge In .Com/.Net Domain Registrations: 22K In 2013

Posted on the 23 January 2014 by Worldwide @thedomains

Verisign just published a blog on how the rising value of Bitcoin has led  to surge of .com and .net domain name registrations.

 

The value of a Bitcoin surged from roughly $13 at the beginning of 2013 to an eventual high of $1,137 at the end of November (The chart below, courtesy of Coinbase, documents the ebbs and flows of a Bitcoin’s value).

 

Verisign: Rise In Value Of Bitcoin Causes Surge In .Com/.Net Domain Registrations: 22K In 2013

 

By doing a search of the word “bitcoin” for the past six months, it is fairly easy to see a correlation between the two Bitcoin price surges shown above and surges in domain name registrations including the term “bitcoin” in the grapher results below.

 

Verisign: Rise In Value Of Bitcoin Causes Surge In .Com/.Net Domain Registrations: 22K In 2013

 

It is interesting to see that despite the relative modesty of the April price surge when compared to the November/December surge, daily registrations for both instances peaked at roughly the same number: 490 and 472 respectively. That being said the density of the two domain registration surges in the graph show that significantly more domains were registered as Bitcoin approached its all-time high.

 

Did you register any Bitcoin related domain names in 2013? Are you planning to register some in the new year? Let us know in the comments below!…


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