Steve

Originally Posted by snoop

It is a talking point because the .mobi market has declined so much. I'm not sure how much at present though a few months ago it looked like prices were down 80% from the peak and I can only imagine it has gotten worse since then. The only other category that would come close is llll.com though I think the % fall is larger for .mobi.

It seems anything that was mostly speculation-based like most .mobi names (since it was a new extension) and LLL/LLLL .coms has fallen in recent months, while the "traditional" names sold to end users and deeper-pocketed investors/speculators haven't suffered as much.

Now's probably a good time to buy .mobi names if you still have hope in the extension and time to develop or hold the names. It's obvious we're in an economic downturn, and there are some great deals out there as a result.

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snoop

Originally Posted by www.LLLL.com

LLL.com was way above $7600 in June, as witnessed by many domainers investing in them.

I think that minimum was about right back then. It certainly wasn't "way above".

The first shock sales started in the last week of June, xkd.com got $7100 on the 23rd of June and hmq.com got $7300 on the 26th, showing prices had fallen by about $500 at the low end.

Originally Posted by Steve

It seems anything that was mostly speculation-based like most .mobi names (since it was a new extension) and LLL/LLLL .coms has fallen in recent months, while the "traditional" names sold to end users and deeper-pocketed investors/speculators haven't suffered as much. Now's probably a good time to buy .mobi names if you still have hope in the extension and time to develop or hold the names. It's obvious we're in an economic downturn, and there are some great deals out there as a result.

Personally I think the spec stuff has fallen about 80%+, whilst the overall market is down maybe 50% or so.

Regarding lll.com I would say the low end lll.com have been the strongest category of domains out of anything in the domain market with only a 30-40% decline from the peak and at the present time trading at the levels they were at 12 months ago when the rest of the market begun its decline (top end lll.com has declined more though). Don't take this as me supporting these names, I think they are hideously overpriced, just stating what I think has happened.

cobo

When I first got into mobi, I knew nothing of domaining and so I threw out a wide net and captured over 7000 of them.
Admittedly, more than a few are crapola! So, yeah, I was a domain newbie. And again yes, I've tried to sell a bunch of them.
But, as for my targeted niches (which I've not shown), I absolutely nailed it! I hit the ball so darn hard, it is still going up! Crushed it!!!
Other than my niches which will be developed (and in a large way), all other names are expendable.
If they drop, they drop. If they sell, they sell. I do not consider myself a domainer per se and am fortunate with my asset management/trading skill set to not worry about any financial losses from domain drops or non-sales.
I look at it as the cost of doing business to capture the niches I wanted. It has been a great learning curve as well!
The "domaining" part of trying to sell a few or a lot of names has become a fun hobby of sorts.
And I've met some great people! That is worth more to me than any potential monetary gain!
But still.... buy my names cheap and re-sale for a profit!
Just so you know, ALL money earned from my domain sales goes to charity! Always has, always will!
Some of us are very busy and keep our cards close to the vest!
If one is working on major development projects, that is sound advice!
I do read the forums daily but rarely post. I just do not have the time, I mean, heck, have you seen the markets lately?
Getting rich is a relative concept. Selling domains can make you some money but developing domains can make you rich or even wealthy.
Then again, developing and promoting whole niches can make one tremendously wealthy!
Making money is good. Getting rich is great. Creating true financial wealth and helping society is the best!
BTW, mobi isn't going anywhere but up! And that is straight from my technology think tank buddies! Take it to the bank!
Remember, it is still early in the mobile internet world. There will be room to carve out for anyone who develops and promotes...
in any viable extension, including mobi.
Best of luck to all! And, oh yeah.... .mobi ROCKS!

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Regards, cobo

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