Sounds like the domain owner threw out what he thought was a preposterous price that no one would accept, in attempt to get the buyer to leave him alone.
Little did he know that Jump Trading has already spent $300 million propping up the legitimacy of this blockchain.
$50,000 for a brandable one-word generic domain was a ridiculously low quote. I'm amazed no-one bought it before now as he was underselling it.
1994, when he registered it, was a great year for domains. As the article says, everything was still available. I registered all sorts of goofy things, but back then no-one was thinking they would be worth anything. They were also FREE in 1994. Shortly after they started charging a yearly rate for dotcoms and I let all but one lapse, to the loss of many millions in future revenue...
1994, when he registered it, was a great year for domains. As the article says, everything was still available. I registered all sorts of goofy things, but back then no-one was thinking they would be worth anything. They were also FREE in 1994. Shortly after they started charging a yearly rate for dotcoms and I let all but one lapse, to the loss of many millions in future revenue...