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).
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.
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!…
