This is kind of a rant, because someone got needlessly hosed for five figures...Classic example of how much impact targeted exposure makes when selling *anything* very rare/unique and extremely desirable (a domain name, art, a $100,000 bottle of wine, whatever)
Back in May, someone stumbled into the Appraisal forum asking about Pepe.com.
http://www.namepros.com/domain-appraisals/580322-domain-name-aprraisal-pepe-com.html
Meet the hose-ee.
Shockingly enough, he elected to sell this gem on BIDO of all places and it brought 15K. Oops.
Shameless self back-patting: I actually tweeted about it shortly after it sold.
It was just flipped for 45,000 Euros and arguably, probably worth more to a buyer-and-holder.
This, ladies and gents, is why Tiffany's doesn't have a store in Gary, Indiana. This is also a classic example of how 'domainer to domainer' sales of fantastic names is simply chumming the water for the real sharks to swoop in, buy great names from clueless 'domainers' for pocket change and sell them to the right people for the right prices. Of course, it's pretty damn rare when a name of this caliber is actually listed on a site like BIDO (which may as well change to BIDO.vc, given the incessant stream of backwater TLD names they've been listing lately), but behold the unfortunate results of what happens when someone is actually dumb enough to try it.
Back in May, someone stumbled into the Appraisal forum asking about Pepe.com.
http://www.namepros.com/domain-appraisals/580322-domain-name-aprraisal-pepe-com.html
Meet the hose-ee.
Shockingly enough, he elected to sell this gem on BIDO of all places and it brought 15K. Oops.
Shameless self back-patting: I actually tweeted about it shortly after it sold.
It was just flipped for 45,000 Euros and arguably, probably worth more to a buyer-and-holder.
This, ladies and gents, is why Tiffany's doesn't have a store in Gary, Indiana. This is also a classic example of how 'domainer to domainer' sales of fantastic names is simply chumming the water for the real sharks to swoop in, buy great names from clueless 'domainers' for pocket change and sell them to the right people for the right prices. Of course, it's pretty damn rare when a name of this caliber is actually listed on a site like BIDO (which may as well change to BIDO.vc, given the incessant stream of backwater TLD names they've been listing lately), but behold the unfortunate results of what happens when someone is actually dumb enough to try it.
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