’Spend Bitcoins’ up for Sale
One of the oldest and largest bitcoin directories is for sale.
Spend Bitcoins, one of the largest and oldest bitcoin directories, is for sale.
Spend Bitcoins was founded by Jeremy West in May 2011. It started as a conduit for Amazon purchases and grew into one of the world’s largest directories of bitcoin accepting merchants as well as one of the largest bitcoin retailers in Australia.
Spend Bitcoins currently lists over 10,000 bitcoin accepting merchants. It has had over 3 million page hits since inception. It is number one on google for several search terms, such as “Spend Bitcoins”, “Where can I spend bitcoins?”, “Places that accept bitcoin”, “Merchants who accept bitcoin”, etc.
Jeremy has now moved on to other projects and has decided to sell Spend Bitcoins in order to keep its momentum going.
The new owner of Spend Bitcoins gets not only the url, but the entirety of the site. The direction the new owner decides to take the site in will be completely up to them.
Will the new owner use it as a conduit to allow bitcoin transactions at any merchant who accepts credit cards online?
Will they be a catalogue of every product that can possibly be purchased for bitcoin?
Will they be a large reseller of bitcoins?
Perhaps the new owner will be a major competitor to a payment processor such as BitPay, or a conduit to spending bitcoins on Amazon such as Purse.io. Or perhaps an existing company will snap up Spend Bitcoins and it’s massive SEO optimised database of bitcoin merchants.
Only time will tell what the next owner of Spend Bitcoins will do. It has had an amazing run to date, and it will be exciting to see what direction the new owner of Spend Bitcoins takes.
If you are interested in bidding on Spend Bitcoins, be quick! The auction ends at 9:30 Sunday evening (US EDT)/1:30 Monday morning (UTC). The current high bid as of press time is only $4,150.
The auction is being held at Flippa.
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