Not Shocking: More People Sign Up For Online Gambling Than Healthcare

New Jersey just released some stats for those signing up for Internet gambling accounts and they seem to be pound for pound doing a lot better than those signing up for Obama Care.

I know its shocking.


According to, around 150,000 people signed up since late November for an online gambling accounts in New Jersey.

“As of Monday, there were 148,487 accounts that had been created. But the state’s Gaming Enforcement Division notes that individuals often create separate accounts on more than one site.”

As of the end of December only 1.1 million people signed up for Obama Care on which started signing up people in October.

Considering that you have to be a resident of New Jersey to sign up for an online Internet Gambling Account, and that the population of NJ is only 8.85 million people compared 313 Million people in the United States; well you do the math.

Also not shocking

So far there is no reports of people not being able to access the New Jersey gaming site to sign up.

Someone play a hard 8 for me.

Our 6,000th Post On Our 6th Birthday; It’s Been Quite The Ride

We didn’t actually plan to write our 6,000 post on what is the 6th birthday of

Our first post was published on December 4th 2007. (yes I know its technically tomorrow)

Time really does fly.

For those keeping count in addition to the 6,000 posts, there have been over 81,000 approved and published comments and well over 5,000,000 visits.

Our first story on the new gTLD’s wasn’t until June of 2008, in a post entitled “So are you Ready For Hundreds of New Domain Extensions?”

There were 181 responses to the post and no one envisioned that hundreds  of new extensions would really become over 1,000.

One of the first responses to the post was:

“If 300 new extensions are added, I am predicting that 300 extensions will fail; bring them on.   There have already been extensions that were added that didn’t do well.”

Now thousands of stories later there is still a huge split in the domain community as to what the new gTLD’s will bring, but instead of being 5 years away they are now upon us as you can basically register a new gTLD today.  No matter what your opinion of the new gTLD program is, if you were a reader of you couldn’t say you didn’t see it coming.

For the record this is what I said in that post;

“Our guess, .Com’s maybe become even more valuable as confusion will reign when people have too many choices, they will naturally default back to .com’s.”

That was 2008.

Later today we will circle around and come to a our own current state of the domain report.

Of course, new gTLD’s is just just one of they many issues we have covered in our now 6,000 posts and 6 years of blogging.

ICANN, UDRP’s, lawsuits, domain sales, live and online domain auctions, Domain Conferences,  meetups and shows; the roll out of .Me, .Cm, .Co and .XXX extensions, parking, monetization, the birth and death of mini-sites,  sales of existing businesses in the space,  bidding scandals,  good-doers and bad actors, successes and failures, the famous and infamous.

We covered those inside and outside of the industry, public companies, registries, registrars, domainers, domain investors, cybersquatters, end users, buyers, game changers and game players.

Like I said its been quite the ride.

We don’t know where the road will take us but we appreciate each and everyone of you that has come along with us for any part of the journey.

If A New gTLD Applicant Used His $185K To Buy Bitcoins Instead His Investment Would be Worth $30 Million

Back in May 2012 when the application period for a new gTLD’s  closed, the application fee was $185,000 per new gTLD string.

At that time the value of a Bitcoin was trading at around $5.00.

Instead of applying for a new gTLD string for $185,000 what if the applicant would have bought 37,000 Bitcoins, at $5 each.

How much would have that $185,000 investment be worth today?

Just about $30,000,000.

So why would I tie new gTLD’s and Bitcoin’s together?

Last week while I was in Argentina on a Saturday night at 2am in a nightclub, a domainer friend answered many questions I had about BitCoins and even generousness gave me one with no string attached

At the time on that Saturday night a week ago the value was $447.oo

7 days later and the value is over $800.

So my free Bitcoin’s value almost doubled in a week.


Its so crazy I don’t I think its something you can simply ignore or just write off as a crazy fad without giving it a second look.

BitCoin might be worth $5.00 again in a year or might be worth $100,00o or more.

Who knows.

Interestingly Argentina where the ICANN meeting was held is one of those places in which Bitcoin can really thrive.

Argentina has monetary policy issues, which is allowing an official exchange rate of 6:1 (Pesos to Dollars) where the street rate, or store rate or black or blue market rate is closer to 10:1

Simply put if you use your charge card in a store, restaurant, hotel or bar your credit card company will convert that amount in Peso’s to dollars at 6:1 and bill you in US dollars.

If you go to the same store, restaurant, hotel or Bar with hard US dollars you can therefore get a 20-40% discount.

The reason is that the local Argentina currency continues to go down in value, the government imposes a  “bank tax”.

Buenos Aires is so overrun with fraud that counterfeit bills are being distributed out of bank ATM machines.

Yes it happened to several attendee’s at the ICANN conference.

Also its pretty hard to get much out of an ATM in general in Argentina, the most I was able get out at any one time was about $200 US and had to pay a 5% service charge to do even that.

So in the city people are more than happy to take half a US dollar at half the stated rate to have cash in their hands rather than money in the bank.

Like Greece BitCoin is that type of currency which is spendable and not subject to the whim of the government.

By far when it come to technology I’m not the brighten blub but Bitcoin seems to be limited to 21 million technologically (more on this below)

Since Bitcoin is just a mathematical equation its limited by its own math.

Moreover Bitcoin is set up by design to work like  a real mine, the more the mine has been mined, the harder it gets to mine new material.

Here is some more information from

“”New bitcoins are generated by the network through the process of “mining”.

“In a process that is similar to a continuous raffle draw, mining nodes on the network are awarded bitcoins each time they find the solution to a certain mathematical problem (and thereby create a new block). Creating a block is a proof of work with a difficulty that varies with the overall strength of the network. ”

“The reward for solving a block is automatically adjusted so that roughly every four years of operation of the Bitcoin network, half the amount of bitcoins created in the prior 4 years are created.

10,500,000 bitcoins were created in the first 4 (approx.) years from January 2009 to November 2012.”

“Every four years thereafter this amount halves, so it will be 5,250,000 over years 4-8, 2,625,000 over years 8-12, and so on.

Thus the total number of bitcoins in existence will never exceed 21,000,000″”

So there are only 10 million of these guys in existence.

As we know there are 265 million domain names registered in the world.

If only 1 in 20 people smart enough to have registered a domain are smart enough to want to get just 1 Bitcoin, the price could continue to sky rocket.

Especially in places like Argentina. Launches New Travel Site Dedicated to 2-4 Day Getaways: announced tonight, that is launched a new travel site,, where “weekend travelers can now book all aspects of their weekend getaway including hotel, activities and tours. ”

“WanderWe, the only online travel site completely focused on the 2 – 4 day getaway market, focuses on flexible destination search for travel within the next 60 days. ”

“This means they can search for unique experiences based on budget and lifestyle interests, narrowing down their choices after exploring personalized itineraries. WanderWe speaks directly to over 50% of US travelers who are flexible on their destination.

Functionality includes:

• Search: Using proprietary algorithms combined with original editorial content, WanderWe provides recommended itineraries for popular short trip destinations in California, the Northeast, and Metro DC areas.

• Explore on The Go: WanderWe can be used on the tablet and desktop platforms. Its Tablet first approach means that travelers can take WanderWe with them.

• Book: The only all-in-one booking platform focused on the 2-4 day getaway market, WanderWe brings the “shopping cart” to travel, letting users book hotels, activities and tours all at once with a single sign on, without leaving the site.

You can watch a video on the service here:

Probably not the best domain in the world, especially when you consider that Oversee owns some reported 1,000,000 domain names.

To me it sounds like the name of a  frequent urination product. would have been a lot better or which is owned by Marchex


Report: Chase To Limit Cash WIthdrawals, Deposits & Prohibits Outgoing International Wire Transfers Nov 17th

So this is well beyond the domain industry and bordering on disastrous if true.

Let me be clear that I’m not a customer of Chase and have no independent verification if any of this is true and lets hope its not.

The Drudge Report has a link to this report on its front page as well but has such widespread impact I figured it would be better if you were aware than unaware. is reporting, that Chase Bank has notified some of its US Customers that Chase Bank is going to limit cash withdrawals and deposits , and  ban business customers from sending international wire transfers after November 17th.

The report goes on to say that Numerous business customers with Chase BusinessSelect Checking and Chase BusinessClassic accounts) have received letters over the past week informing them that cash activity (both deposits and withdrawals) will be limited to a $50,000 total per statement cycle after November 17

The letter reads;

Dear Business Customer,

Starting November 17, 2013:

- You will no longer be able to send international wire transfers. You will still be able to send domestic wires and receive both domestic and international wires. We’ll cancel any international wire transfers, including recurring ones, you scheduled to be sent after this date.

- Your cash activity limit for these accounts(s) will be $50,000 per statement cycle, per account. Cash activity is the combined total of cash deposits made at branches, night drops and ATMs and cash withdrawals made at branches (including purchases of money orders) and ATMs. updated their original report with the following:

“””Chase Bank confirmed to Infowars that all business account holders were being subjected to these new regulations. They indicated that customers would have to pay a fee on every dollar withdrawn over the limit. Given that even a relatively small grocery store or restaurant is likely to turnover more than $50k a month in cash payments, this appears to be part of a wider move to shut down businesses who mainly deal in cash. Chase told us customers would have to upgrade to much more expensive accounts to avoid the capital controls, meaning larger corporations will not be affected. The bottom line is that banks think your money is their money and will do everything in their power to prevent you from withdrawing it in large quantities.””

“”Chase Bank has moved to limit cash withdrawals while banning business customers from sending international wire transfers from November 17 onwards, prompting speculation that the bank is preparing for a looming financial crisis in the United States by imposing capital controls.””

This site has a copy of letters was were supposedly send to customers which you can see here.