Recession

ddadc · 05-19-2008, 08:45 AM

I have read the reports by the industry "elite" as most people call them claiming that the domain industry is not in a recession, I HIGHLY disagree.

Sure ultra premium domains are always going to sale high, and premium names will occasionally sell for very high retail market value, but for the most part domains are on the downslide.

I have seen many recent domains of very good to high quality get put up for sale and not bring any offers, or get sold for way to low. Just look at the sales threads on any market forum and you will see that sales are not what they used to be in the good>mid>lower level domain markets.

I for one think we are in a recession and the rich will get richer (buying nice domains cheaply) and the poor will get poorer (not being able to sale good>mid>lower level domains or letting them expire).
????: NamePros.com http://www.namepros.com/domain-name-discussion/471146-recession.html

So anyone that says we are not in a recession, I say bull honky.

JMJ · 05-19-2008, 12:06 PM

Here's my take and the potential buyer's actual response. "I am interested and will get back to you when the economy begins to turnaround"

Seabass · 05-19-2008, 12:32 PM

Even RPC and CTR are STILL trending downward (even on the best generics out there) after months of free-fall.

It all adds up to a recession in my book.
.

Pommy - The DN Doc · 05-19-2008, 12:55 PM

Well low interest rates but a credit crunch - its diff to tell really.

ecalc · 05-19-2008, 01:52 PM

In general, blue chip earning power and prices peaked last year. 2008-2009 will be good years for generic traffic name bargain hunting.

Bad news will gradually be reported with more frequency in the domain press. The mainstream press will revert to reporting the occasional cybersquatter story in the absence of good news, attracting fewer new domainers to the business. The speculative bubble still exists but can't be supported without new entrants. Every day a new class of names is touted, its selling point being a contrived finite population. The next 2 renewal cycles will be interesting.

Pred · 05-19-2008, 02:20 PM

Originally Posted by eieio

I say bull honky.

ROFL
????: NamePros.com http://www.namepros.com/showthread.php?t=471146
Repped purely for that. Never heard that one b4

Michael · 05-19-2008, 02:22 PM

I've noticed the market softening a bit, but nothing to make me panick.

onewordonly · 05-19-2008, 05:07 PM

I agree, I think people in the USA are spending less on nearly everything including domain names.

Seabass · 05-19-2008, 06:26 PM

Originally Posted by arnie

ROFL
????: NamePros.com http://www.namepros.com/showthread.php?t=471146
Repped purely for that. Never heard that one b4

I think that was said more in the 1970's here in the States.

05-19-2008, 06:32 PM

I agree with the industry leaders (including Rick Schwartz) when I say the "recession" will not hurt the domain industry too badly.

It may, however, hurt reseller markets as the average buyer/seller has less money due to the overall downturn in the economy.

But as DomainRaider said, nothing to make me worry about the industry as a whole.

Peter

DomainTalker · 05-19-2008, 09:01 PM

Just a few personal thoughts on uncertain times (reposted from another thread).

The last real recession was 1991/92...Anyone in the Western economies, under, say, 35 today, has never really been in the working world during recessionary times.....they've probably only ever experienced rising asset prices, and relatively prosperous times, with occasional very minor pauses in the upward trend...

I remember the 'oil shock' price effects of the 1970's...the high inflation years of that period...the several recessions....the stagflation (rising inflation/falling prices)....the credit rationing....the business failures...the unemplyoment....the Oct 1987 sharemarket crash...the near paralysis of Japan's economy for some 11 years, until very recently (in 1987, before the sharemarket crash set off a chain of bad events, the Imperial Palace in Tokyo had been valued at more than the entire state of California!!)....It wasn't an easy 13 years, or so, globally, between, say, 1972/3, and about 1985/6.

We don't know what effects we'll see out of the current situation...

On the credit side, we have the China & India economies booming - and, with it very strong economies that supply them with the raw materials to feed the growth....We have central banks around the world that will work hard to keep financial liquidity in national economies to keep the world moving, as credit tightens....And, we have globally interconnected economies that can - to an extent - compensate each other.

On the debit side, we do know we have rising oil prices, falling property asset values, some upward inflation trends, uncertain financial markets, and tightening credit markets....We see likely recession in the US - and slowing economic activity in Europe....And, we've seen how the US sub prime mortgage crisis began as a local US issue last year - and suddenly exploded around the world through the international banking system within months.

In the past, at the early signs of instability, there was typically an early 'denial' phase....A business as usual mentality, for awhile. Its takes time for the effects to work through - sellers of assets typically ask high (good times) prices for quite awhile as demand, in fact, is falling away.....Then, the penny drops this ain't a 'glitch' - and, when it does, the effect can be fast...and down...Buyers largely disappear, assets become illiquid.
????: NamePros.com http://www.namepros.com/showthread.php?t=471146

At this point, there was typically an initial flight of capital to perceived 'safety' (in 1988, after the 1987 sharemarket crash, it was to property)...and, to gold....to oil futures...to...to...anything perceived as safe.

If the tough times are short-lasting, then things stabilize fairly quickly....If they don't, then even the 'safe' investments fall in value - quickly....In tough recessions - almost every asset falls in value, in the end.

The best position to be in, in uncertain times, is to be cashed up, if possible.....'Cash is King' is very real, when cash is in short supply. Assets, while good to have, don't pay the food bill, the gas bill, and the mortgage....

So, what's the best way to go in today's situation?

(i) Recognise things are uncertain, in a real sense. Unpredictable.

(ii) Preserve cash in these times, as much as possible....Offload 'weaker' assets.
????: NamePros.com http://www.namepros.com/showthread.php?t=471146

(iii) Reduce debt, as much as possible....Get leaner.

(iv) Watch for the signals that matter....Eg Availability of credit, rising/falling unemployment, corporate profit announcements (up or down, as trends) & any announcements of major downsizing, or bankruptcies etc...

Try to note what's happening in the small business sector - an excellent barometer of what's really happening at the sharp end.

(v) Note the level of real competitiveness for assets, or not (all assets, homes, shares, and, yes, domains) (which shows whether demand is rising, or falling)

(vi) Avoid being too influenced buy the occasional 'Big Win' announcement....Rather, see if it is one of a series of Big Wins, or just a one-off, for maybe special reasons...

(vii) Do your research well, if contemplating any investment....Know why you are investing - allowing for possibly very slow times ahead....Gut feel is always good - but, make sure its not based on 'wishful' thinking, in the face of reality.

(viii) Be prepared (and be able) to hold assets for a longer time, for a profit, if necessary.

(ix) Assets that were good in good times, may not be good in tough times...ie smarter investments may be in variations of what was good times good.

(x) Bargains are likely to be had. But be sure that bargain is true quality. Marginal quality is likely to cost you.

(xi) Be bold - if you're game to back your judgement. Boldness today, can be riches tomorrow - if you get it right.

And...

(xii) Always remember (if things do get bad) - everything goes in cycles. In good times, it always feels as if good times never end....They do....In bad times, its the same - we feel they'll never end.....They do.

Just a few thoughts.

.

scoops22 · 05-19-2008, 09:17 PM

Very nice post there DomainTalker-Repped you for it.

....PS...The Bull Honky Comment Had Me LOL'ing Too

-Nice1

ddadc · 05-19-2008, 09:49 PM

Originally Posted by peaches017

I agree with the industry leaders (including Rick Schwartz) when I say the "recession" will not hurt the domain industry too badly.

It may, however, hurt reseller markets as the average buyer/seller has less money due to the overall downturn in the economy.

But as DomainRaider said, nothing to make me worry about the industry as a whole.

Peter

The industry leaders, and anyone in a major asset holding position are never going to admit we are in a recession, if they did the value of their assets would fall. The entrie industry will hurt, with less wholesalers you have less endusers due to the fact they can pick up equally as good mid level domains for a much cheaper price. The "industry leaders" if you want to call them that, will never admit it, don't matter if its staring them in the face.

cache · 05-19-2008, 10:16 PM

I am holding a lot of LLLLs, so I have not seen domain recession yet.

Michael · 05-19-2008, 10:20 PM

Originally Posted by eieio

The industry leaders, and anyone in a major asset holding position are never going to admit we are in a recession, if they did the value of their assets would fall. The entrie industry will hurt, with less wholesalers you have less endusers due to the fact they can pick up equally as good mid level domains for a much cheaper price. The "industry leaders" if you want to call them that, will never admit it, don't matter if its staring them in the face.

You've got to admit, however, that just as there would be a motive for the players to say everything is fine, there is just as big (if not bigger) of a motive for the average domainer to stir up a recession panic. I wouldn't use that as an argument for or against the theory that the domain industry is, to a certain extent, recession-proof.

ddadc · 05-20-2008, 05:51 AM

Originally Posted by DomainRaiders.com

You've got to admit, however, that just as there would be a motive for the players to say everything is fine, there is just as big (if not bigger) of a motive for the average domainer to stir up a recession panic. I wouldn't use that as an argument for or against the theory that the domain industry is, to a certain extent, recession-proof.

Why would I want to stir up a panic recession? You don't know what kind of portfolio I hold. I have recently spend XX,XXX on domains, so recession is not going to help me, but I can see the obvious. We are in a recession. I will use my opportunity wisely and purchase domains underpriced for a while.

Krossat · 05-20-2008, 06:12 AM

It would be interesting to see what you perceive as a very good bargain of mid-low domains now days (leaving out low-mid LLLL coms, which i believe is undergoing a correction atm). All i see is Namejet and Snap names getting higher and higher bids.

ddadc · 05-20-2008, 06:21 AM

Personally I don't use NameJet or SnapNames, I believe they are both organizations that just hurt the Internet and hinder proper development, I hate them almost as much as I hate parking. All one has to do is simple open their eyes, and you will see that domains at any mid and lower level are selling very cheap, I have seen domains that in recent years would have gone instantly for X,XXX barely getting low XXX bids, I will not sit here and quote domains as that would just serve to embarass the sellers and draw attention to the buyers who got good deals.

interestedenough · 05-20-2008, 06:28 AM

Originally Posted by DomainRaiders.com

You've got to admit, however, that just as there would be a motive for the players to say everything is fine, there is just as big (if not bigger) of a motive for the average domainer to stir up a recession panic. I wouldn't use that as an argument for or against the theory that the domain industry is, to a certain extent, recession-proof.

Besides just the expectancy of recession (or recession) in the US, there are a few changes going on that will probably change the domain industry:
????: NamePros.com http://www.namepros.com/showthread.php?t=471146
1. The ICANN decision on restricting domain tasting.
2. The political eyes on domain name industry, including bills in congress.

I expect that as domain tasting is restricted, there will be a much larger amount of domains available at any time, also, the "buy it immediatly or lose it" domain name panic will calm down a little bit. These changes might negatively affect domain name price sales in the short run, but in the long term, I believe it will help.

Also, as less domains are held in a "temporary" way (domain kiting), then more ads (and CPC money) should be available for domains held by long term domain investors.

Michael · 05-20-2008, 08:24 AM

Originally Posted by eieio

Why would I want to stir up a panic recession? You don't know what kind of portfolio I hold. I have recently spend XX,XXX on domains, so recession is not going to help me, but I can see the obvious. We are in a recession. I will use my opportunity wisely and purchase domains underpriced for a while.

I never said you are trying to start a panic.

Seabass · 05-20-2008, 11:36 AM

Without some great new domain income source, I guarantee you by the end of summer or this fall/winter there will be all kinds of kicking, screaming, crying, moaning on this board about the sad state of the economy and PPC domain income, but domain sales may be the saving grace if end users start coming around to make purchases.
.

ddadc · 05-20-2008, 11:55 AM

End user sales will plummet on everything but premium domains. There will be so many dropped, giveaway, and neglected domains by then they won't need to spend money on names.

I attribute this to domainers themselves. Things they have done to hurt their own industry.
????: NamePros.com http://www.namepros.com/showthread.php?t=471146

For example, I made a sedo offer the other day for a .info domain, nothing major just a small town in texas with a VERY small population. I offered a couple hundred for it and was countered with a FIRM $3,000.

That is exactly what drives endusers, developers, etc away. They offer a fair price and domainers want to get rich off every single domain they own. Just because a "similar" .com is priced at $3000 does not mean the .info is worth that. Just because XYZ, inc. paid $20 million dollars for XYZ.com does not mean ABQ.com is worth $20 million.

Unlike the real estate industry where actual comps are considered domainers base their retail prices on the absolutely highest thing they can find. If 500 similar domains have sold for $20 but one sold to a random end user for $1000, then domainers raise their prices and won't accept anything less than that $1000 cause after all if one domain sold for that much, surely theirs is worth more.

Sorry for the rant.

goodkarmaco · 05-20-2008, 12:13 PM

Very nice post about the economy past and present. I have to disagree though about one thing, cash is king.

Cash is king only if there is a shortage of it. The world will soon see itself papered with the stuff, and like the German Weimar republic it will be worthless, unless you have a wood stove. Then it may be cheaper to burn the American dollars for heat, than to purchase the fuel sold on the open market.
????: NamePros.com http://www.namepros.com/showthread.php?t=471146

Cash is good if the money supply is managed well. If the fed uses smoke and mirrors to keep the system active such as massive bailouts in a free market (so the collapse is avoided for a short while) by creating monetary inflation, (not price inflation, but a over abundance of newly printed money) with no hard asset backing like they have been doing at an alarming rate and then proceed to tell the lemmings, ie stock market investors the economy is sound, most will have trust in the dollar.

Then prices start going up and up and up, until panic sets in. Yeah thats a good reason to own worthless U.S. dollars.

When it is all over, they buy nothing. Smart folks are buying up anything that can hold value. If you cannot afford to invest in hard assets, start buying extra things needed when prices spiral out of control. You will be glad you did. Look at it this way.. if you pay for goods now, you will buy them much cheaper. Or put another way pay less now, or fork over many times the dollars to buy the same item in the near future.

The fed is a master at deception. Today they are feeding the media tidbits of truth masked in lies. They can influence markets with simple propaganda.

A case in point, Berneke recently hired some young upstart economists to study bubbles, (they are a study untoo themselves) and this fed chairman can pick and choose what words will resonate with investors and then feed their comments to the masses. Most people buy it hook, line and sinker.

One of the persons who are doing this study is Mr Markus Brunnermeier. He is seen in a recent Wall St. Journal saying when a bubble like oil prices is growing it can be ridden to the top. Just know when to exit the bubble when it looks like investors are bailing out.

Yeah, that sounds like sound investment stragety.

The coming inflation will be (its here right now only it is masked) severe. The Fed reports inflation is only about 2%. The real truth is it is around 11% and growing as they quit factoring in food and fuel prices. Hello, anyone home?

This lady sees the value of her dollar, by burning thousands of them! http://washingtonindependent.com/view/us-economy-looks

Hello world, goodby dollar.

05-19-2008, 08:45 AM	THREAD STARTER #1 (permalink)
ddadc Account Suspended Join Date: Mar 2008 Posts: 92	Recession I have read the reports by the industry "elite" as most people call them claiming that the domain industry is not in a recession, I HIGHLY disagree. Sure ultra premium domains are always going to sale high, and premium names will occasionally sell for very high retail market value, but for the most part domains are on the downslide. I have seen many recent domains of very good to high quality get put up for sale and not bring any offers, or get sold for way to low. Just look at the sales threads on any market forum and you will see that sales are not what they used to be in the good>mid>lower level domain markets. I for one think we are in a recession and the rich will get richer (buying nice domains cheaply) and the poor will get poorer (not being able to sale good>mid>lower level domains or letting them expire). ????: NamePros.com http://www.namepros.com/domain-name-discussion/471146-recession.html So anyone that says we are not in a recession, I say bull honky.

05-19-2008, 12:06 PM	#2 (permalink)
JMJ Senior Member Join Date: Mar 2003 Location: Nashville Posts: 1,888	Here's my take and the potential buyer's actual response. "I am interested and will get back to you when the economy begins to turnaround" __________________ DN Sites

05-19-2008, 12:55 PM	#4 (permalink)
Pommy - The DN Doc Domain Name Doctor Join Date: Aug 2005 Posts: 734	Well low interest rates but a credit crunch - its diff to tell really. __________________ DnDoc.Org - The Blog of Pommy Singh DnDoc.Com - The Individual Sales Site DnDoc.Net - The DnDoc Group Portfolio DnDoc.Info - The DnDoc Group DiceRoll

05-19-2008, 02:22 PM	#7 (permalink)
Michael DNMedia.com Join Date: Jul 2007 Location: Maryland Posts: 1,842	I've noticed the market softening a bit, but nothing to make me panick. __________________ MiniSites.com - Shift Your Domains Out of Park! DN Media Corporation \| Friend Me on Facebook \| Follow Me on Twitter

05-19-2008, 05:07 PM	#8 (permalink)
onewordonly Senior Member Join Date: Aug 2004 Location: by the beach Posts: 1,123	I agree, I think people in the USA are spending less on nearly everything including domain names. __________________ Domain Name Coupon Codes for popular registers including: Domain name coupons - GoDaddy.com Coupons - Hosting Coupons ... more

	LeadRefs	Forum Sponsorship
	Want to sell your domain? LeadRefs.com finds multiple potential buyers to contact instantly!

05-19-2008, 12:32 PM	#3 (permalink)
Seabass Senior Member Join Date: Dec 2006 Posts: 1,259	Even RPC and CTR are STILL trending downward (even on the best generics out there) after months of free-fall. It all adds up to a recession in my book. .

05-19-2008, 01:52 PM	#5 (permalink)
ecalc Senior Member Join Date: Jun 2004 Location: USA Posts: 1,102	In general, blue chip earning power and prices peaked last year. 2008-2009 will be good years for generic traffic name bargain hunting. Bad news will gradually be reported with more frequency in the domain press. The mainstream press will revert to reporting the occasional cybersquatter story in the absence of good news, attracting fewer new domainers to the business. The speculative bubble still exists but can't be supported without new entrants. Every day a new class of names is touted, its selling point being a contrived finite population. The next 2 renewal cycles will be interesting.

05-19-2008, 06:32 PM	#10 (permalink)
Join Date: Dec 1969 Posts: 0	I agree with the industry leaders (including Rick Schwartz) when I say the "recession" will not hurt the domain industry too badly. It may, however, hurt reseller markets as the average buyer/seller has less money due to the overall downturn in the economy. But as DomainRaider said, nothing to make me worry about the industry as a whole. Peter

05-19-2008, 09:01 PM	#11 (permalink)
DomainTalker Senior Member Join Date: Nov 2007 Location: http://ISSUES.COM Posts: 1,126	Just a few personal thoughts on uncertain times (reposted from another thread). The last real recession was 1991/92...Anyone in the Western economies, under, say, 35 today, has never really been in the working world during recessionary times.....they've probably only ever experienced rising asset prices, and relatively prosperous times, with occasional very minor pauses in the upward trend... I remember the 'oil shock' price effects of the 1970's...the high inflation years of that period...the several recessions....the stagflation (rising inflation/falling prices)....the credit rationing....the business failures...the unemplyoment....the Oct 1987 sharemarket crash...the near paralysis of Japan's economy for some 11 years, until very recently (in 1987, before the sharemarket crash set off a chain of bad events, the Imperial Palace in Tokyo had been valued at more than the entire state of California!!)....It wasn't an easy 13 years, or so, globally, between, say, 1972/3, and about 1985/6. We don't know what effects we'll see out of the current situation... On the credit side, we have the China & India economies booming - and, with it very strong economies that supply them with the raw materials to feed the growth....We have central banks around the world that will work hard to keep financial liquidity in national economies to keep the world moving, as credit tightens....And, we have globally interconnected economies that can - to an extent - compensate each other. On the debit side, we do know we have rising oil prices, falling property asset values, some upward inflation trends, uncertain financial markets, and tightening credit markets....We see likely recession in the US - and slowing economic activity in Europe....And, we've seen how the US sub prime mortgage crisis began as a local US issue last year - and suddenly exploded around the world through the international banking system within months. In the past, at the early signs of instability, there was typically an early 'denial' phase....A business as usual mentality, for awhile. Its takes time for the effects to work through - sellers of assets typically ask high (good times) prices for quite awhile as demand, in fact, is falling away.....Then, the penny drops this ain't a 'glitch' - and, when it does, the effect can be fast...and down...Buyers largely disappear, assets become illiquid. ????: NamePros.com http://www.namepros.com/showthread.php?t=471146 At this point, there was typically an initial flight of capital to perceived 'safety' (in 1988, after the 1987 sharemarket crash, it was to property)...and, to gold....to oil futures...to...to...anything perceived as safe. If the tough times are short-lasting, then things stabilize fairly quickly....If they don't, then even the 'safe' investments fall in value - quickly....In tough recessions - almost every asset falls in value, in the end. The best position to be in, in uncertain times, is to be cashed up, if possible.....'Cash is King' is very real, when cash is in short supply. Assets, while good to have, don't pay the food bill, the gas bill, and the mortgage.... So, what's the best way to go in today's situation? (i) Recognise things are uncertain, in a real sense. Unpredictable. (ii) Preserve cash in these times, as much as possible....Offload 'weaker' assets. ????: NamePros.com http://www.namepros.com/showthread.php?t=471146 (iii) Reduce debt, as much as possible....Get leaner. (iv) Watch for the signals that matter....Eg Availability of credit, rising/falling unemployment, corporate profit announcements (up or down, as trends) & any announcements of major downsizing, or bankruptcies etc... Try to note what's happening in the small business sector - an excellent barometer of what's really happening at the sharp end. (v) Note the level of real competitiveness for assets, or not (all assets, homes, shares, and, yes, domains) (which shows whether demand is rising, or falling) (vi) Avoid being too influenced buy the occasional 'Big Win' announcement....Rather, see if it is one of a series of Big Wins, or just a one-off, for maybe special reasons... (vii) Do your research well, if contemplating any investment....Know why you are investing - allowing for possibly very slow times ahead....Gut feel is always good - but, make sure its not based on 'wishful' thinking, in the face of reality. (viii) Be prepared (and be able) to hold assets for a longer time, for a profit, if necessary. (ix) Assets that were good in good times, may not be good in tough times...ie smarter investments may be in variations of what was good times good. (x) Bargains are likely to be had. But be sure that bargain is true quality. Marginal quality is likely to cost you. (xi) Be bold - if you're game to back your judgement. Boldness today, can be riches tomorrow - if you get it right. And... (xii) Always remember (if things do get bad) - everything goes in cycles. In good times, it always feels as if good times never end....They do....In bad times, its the same - we feel they'll never end.....They do. Just a few thoughts. . __________________ NewMediaFrontiers.com® - ChatBox.com - Movie.info - Phone.me M.biz - Hypnotherapist.com - AJ.net - YT.net - iFlyDrive.com - iSofa.com Last edited by DomainTalker; 05-19-2008 at 09:05 PM.

05-19-2008, 09:17 PM	#12 (permalink)
scoops22 NamePros Regular Join Date: Jan 2007 Posts: 788	Very nice post there DomainTalker-Repped you for it. ....PS...The Bull Honky Comment Had Me LOL'ing Too -Nice1 __________________ Get $25 Free To Play Poker Here :tu: Available Pronounceable 5L.coms Here Need Web Design?Here :tu: Without Hard Work ,Nothing Grows But Weeds.

05-19-2008, 10:16 PM	#14 (permalink)
cache Senior Member Join Date: Sep 2005 Location: Goblin Wars Zone & California Posts: 4,471	I am holding a lot of LLLLs, so I have not seen domain recession yet. __________________ LaFrance Hods Raids Trik OXSI GoblinWars IQx yPortal Idel enlo Kitu Hytu Albums eMontage Cereal Tarf MDTalks Toch TV vald hosy iBoar Glem wolk corg ypen DiTV

05-20-2008, 06:12 AM	#17 (permalink)
Krossat krossat.com Join Date: Jul 2007 Location: New Zealand Posts: 3,792	It would be interesting to see what you perceive as a very good bargain of mid-low domains now days (leaving out low-mid LLLL coms, which i believe is undergoing a correction atm). All i see is Namejet and Snap names getting higher and higher bids. __________________ <<< Krossat's Blog >>> <<< CloudNavigate.com \| Image-Gallery.com \| DesignClouds.com \| AAYU.com \| DietChips.com >>>

05-20-2008, 06:21 AM	THREAD STARTER #18 (permalink)
ddadc Account Suspended Join Date: Mar 2008 Posts: 92	Personally I don't use NameJet or SnapNames, I believe they are both organizations that just hurt the Internet and hinder proper development, I hate them almost as much as I hate parking. All one has to do is simple open their eyes, and you will see that domains at any mid and lower level are selling very cheap, I have seen domains that in recent years would have gone instantly for X,XXX barely getting low XXX bids, I will not sit here and quote domains as that would just serve to embarass the sellers and draw attention to the buyers who got good deals.

05-20-2008, 11:36 AM	#21 (permalink)
Seabass Senior Member Join Date: Dec 2006 Posts: 1,259	Without some great new domain income source, I guarantee you by the end of summer or this fall/winter there will be all kinds of kicking, screaming, crying, moaning on this board about the sad state of the economy and PPC domain income, but domain sales may be the saving grace if end users start coming around to make purchases. .

05-20-2008, 11:55 AM	THREAD STARTER #22 (permalink)
ddadc Account Suspended Join Date: Mar 2008 Posts: 92	End user sales will plummet on everything but premium domains. There will be so many dropped, giveaway, and neglected domains by then they won't need to spend money on names. I attribute this to domainers themselves. Things they have done to hurt their own industry. ????: NamePros.com http://www.namepros.com/showthread.php?t=471146 For example, I made a sedo offer the other day for a .info domain, nothing major just a small town in texas with a VERY small population. I offered a couple hundred for it and was countered with a FIRM $3,000. That is exactly what drives endusers, developers, etc away. They offer a fair price and domainers want to get rich off every single domain they own. Just because a "similar" .com is priced at $3000 does not mean the .info is worth that. Just because XYZ, inc. paid $20 million dollars for XYZ.com does not mean ABQ.com is worth $20 million. Unlike the real estate industry where actual comps are considered domainers base their retail prices on the absolutely highest thing they can find. If 500 similar domains have sold for $20 but one sold to a random end user for $1000, then domainers raise their prices and won't accept anything less than that $1000 cause after all if one domain sold for that much, surely theirs is worth more. Sorry for the rant.

05-20-2008, 12:13 PM	#23 (permalink)
goodkarmaco Senior Member Join Date: Jan 2006 Location: Blaine, Wa. Posts: 1,971	Very nice post about the economy past and present. I have to disagree though about one thing, cash is king. Cash is king only if there is a shortage of it. The world will soon see itself papered with the stuff, and like the German Weimar republic it will be worthless, unless you have a wood stove. Then it may be cheaper to burn the American dollars for heat, than to purchase the fuel sold on the open market. ????: NamePros.com http://www.namepros.com/showthread.php?t=471146 Cash is good if the money supply is managed well. If the fed uses smoke and mirrors to keep the system active such as massive bailouts in a free market (so the collapse is avoided for a short while) by creating monetary inflation, (not price inflation, but a over abundance of newly printed money) with no hard asset backing like they have been doing at an alarming rate and then proceed to tell the lemmings, ie stock market investors the economy is sound, most will have trust in the dollar. Then prices start going up and up and up, until panic sets in. Yeah thats a good reason to own worthless U.S. dollars. When it is all over, they buy nothing. Smart folks are buying up anything that can hold value. If you cannot afford to invest in hard assets, start buying extra things needed when prices spiral out of control. You will be glad you did. Look at it this way.. if you pay for goods now, you will buy them much cheaper. Or put another way pay less now, or fork over many times the dollars to buy the same item in the near future. The fed is a master at deception. Today they are feeding the media tidbits of truth masked in lies. They can influence markets with simple propaganda. A case in point, Berneke recently hired some young upstart economists to study bubbles, (they are a study untoo themselves) and this fed chairman can pick and choose what words will resonate with investors and then feed their comments to the masses. Most people buy it hook, line and sinker. One of the persons who are doing this study is Mr Markus Brunnermeier. He is seen in a recent Wall St. Journal saying when a bubble like oil prices is growing it can be ridden to the top. Just know when to exit the bubble when it looks like investors are bailing out. Yeah, that sounds like sound investment stragety. The coming inflation will be (its here right now only it is masked) severe. The Fed reports inflation is only about 2%. The real truth is it is around 11% and growing as they quit factoring in food and fuel prices. Hello, anyone home? This lady sees the value of her dollar, by burning thousands of them! http://washingtonindependent.com/view/us-economy-looks Hello world, goodby dollar. __________________ GOODKARMACO, "Tenisonline" Last edited by goodkarmaco; 05-20-2008 at 12:18 PM.

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