CryptoBank.Africa - Domain names are more valuable than Bitcoins. We show you why?
We have compared the most profitable investment assets between domain names and Bitcoins on 28th October lately. We updated the comparison as Bitcoin has increased to $7776.42 max on November 8th and the new domain name Musical.ly was sold for $800,000,000 this month.
Comparisons between Bitcoin and Domain Names:
INVEST IN CRYPTOCURRENCY: BITCOIN
Year 2010 - 1 bitcoin = $0.06
200 bitcoins = $0.06 x 200 = $12
Year 2017 - 200 bitcoins = 200 x $7776.42 USD = $1,555,284 USD
Net Profit: $1,555,284 - $12 = $1,555,272
Percent %: $1,555,272 / $12 x 100 = 12,960,600%
12,960,600%/ 7.1 years = 1,825,437 % increase value per year
INVEST IN DOMAIN NAME: MUSICAL.LY
Year 2014 - purchase + renewals Musical.ly = $225 (estimate)
Year 2017 - sold Musical.ly= $800,000,000 tp $1Billion ( estimate )
Net profit: $800,000,000 - $225 = $799,999,775
Percentage % : $799,999,775 / $225 x 100 = 355,555,455%
355,555,455% / 3.75 years = 94,814,788 % increase value per year
INVEST IN DOMAIN NAME: CARS.COM
Year 1998 - purchase + renewals Cars.com = $500
Year 2017 - sold Cars.com = $872,320,000
Net profit: $872,320,000 - $500 = $872,319,500
Percentage % : $872,319,500 / $500 x 100 = 174,463,900%
174,463,900% / 19 years = 9,182,311 % increase value per year
To summarise the finding:
Bitcoin : 1,825,437 % increase value per year
Musical.ly : 94,814,788 % increase value per year
Cars.com : 9,182,311 % increase value per year
Musical.ly is the most profitable investment digital asset in the world with whopping 94,814,788 % increase value per year. The .ly is the Internet country code top-level domain (ccTLD) for Libya.
The dot com version Musically.com is owned by Steve Mayall since 1997. Will Musically.com worth more than Musical.ly? Time will tell.
FundStrat Global Advisor co-founder Tom Lee predicted that the bitcoin price could reach $25,000 conservatvely by 2022. If it is, we do simple calculation below:
Year 2010 - 1 bitcoin = $0.06
200 bitcoins = $0.06 x 200 = $12
Year 2022 - 200 bitcoins = 200 x $25,000 USD = $5,000,000 USD
Net Profit: $5,000,000 - $12 = $4,999,988
Percent %: $4,999,988 / $12 x 100 = 41,666,566%
41,666,566%/ 12 years = 3,472,213% increase value per year which is far below than Musical.ly of 94,814,788 % increase value per year .
If Bitcoin increased to $684,000 per Bitcoin by 2022, 94,999,991 % increase value per year , surpassing Domain name Musical.ly 94,814,788 % increase value per year .
IMPORTANT NOTE:
All domain names and cryptocurrency investment are highly speculative. Do your own due diligence before investing these volatile market. You may never sell your domain names or your cryptocurrencies may crash! All articles here are my own opinion and analysis only. Make sure you do your own research and stick to your budget. Invest the amount that you can afford to lose is a happy investment strategy.
CryptoBank.Africa is a premium domain name for Crypto Bank institution in Africa.