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| | THREAD STARTER #1 (permalink) |
| GenericDomainMarket.com Join Date: Apr 2007
Posts: 6,801
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| | #3 (permalink) |
| NamePros Expert Join Date: Sep 2004 Location: Canada
Posts: 8,984
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | Thanks Sameh ![]() I used to always pick on QXZ.com as an example of a bad LLL.com ("for English speakers" because Graham is reading this ) -- nice to see it went for over $3500. I kind of liked GameTheory.com myself -- not sure what I'd do with it at that price but it would have been fun to make a site explaining the mathematics behind rational and irrational decisions. |
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| | #4 (permalink) |
| NamePros Regular Join Date: Feb 2008 Location: Australia
Posts: 306
![]() | wow, margarine.net couldn't get $90?
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| | #5 (permalink) |
| Account Suspended Join Date: Apr 2009 Location: Chicago, Illinois
Posts: 1,442
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | Unlike real estate where the cost to carry usually forces sellers to let go of their delusions and eventually get liquid, domains cost virtually nothing to carry, so their owners can continue to overvalue them ad infinitum since there isn't a financial consequence for doing so. I don't know if this creates a self-fulfilling prophecy where great domains continue to rise in value forever since no one is selling, certain that every tomorrow they wait will only bring them a better price, or if it's going to create something else, unforeseen, when most all of the best domains are held in an unproductive fashion waiting for 'tomorrows higher prices' and the productive world is forced to build around them. ????: NamePros.com http://www.namepros.com/showthread.php?t=592409 All I know is that when everyone is refusing to sell based on some prevailing notion that whatever they're holding will continue to rise in value forever, well, that's THE quintessential harbinger of a mania. Of course, with domains, they're totally unique and like art, so maniacal prices are expected. I think the market needs a vast washout of lower level speculative "domainers", leaving only the natural economic synergy that exists between domain holders and business driven end users. When this happens, domain prices- even great ones- will reflect real-time reality. Until this happens, everyone will continue to value their web properties based on the absolute best case scenario, twenty years from now.
Last edited by Jaco; 06-25-2009 at 06:03 PM.
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| | #6 (permalink) |
| NamePros Member Join Date: Feb 2007
Posts: 108
![]() | I think the price has go down because people are not interested in paying a high price for a domain and plan on sitting on it so the value goes up because people are not confident it will go up any time soon. But if they see good development potential in a name they will pay good cash i think this great domain auction was crap and allot of names overpriced thats why they did not sell .
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| | #7 (permalink) |
| Senior Member Join Date: Dec 2005 Location: new England
Posts: 2,134
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | Definitely a buyer's market from those prices....they seem quite "depressed" i must say. Interesting though...a good variety on sale too.
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| | #8 (permalink) |
| Senior Member Join Date: Jun 2004 Location: USA
Posts: 1,102
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | funds.net $29k reserve not met. I'd take the money (29k) and run, but the name is in one of the planet's best portfolios so I'll give them the benefit of the doubt. comps: funds.mobi $4900 march 2009 funds.org $3000 november 2007 funds.info $22,246 december 2005 fund.com $10,000,000 march 2008 source |
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| | #9 (permalink) |
| Senior Member Join Date: Sep 2008
Posts: 1,005
![]() ![]() ![]() ![]() ![]() ![]() ![]() | Every time i see the great auction results i wonder who decide what domain fits the quality criteria and what not.
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| | #10 (permalink) | ||||
| Senior Member Join Date: Jan 2008
Posts: 1,588
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| | #11 (permalink) |
| NamePros Member Join Date: May 2009
Posts: 152
![]() ![]() | Yeah... We never know the "right" price of ANY domain. The price is how much someone is willing to pay for it!
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| | THREAD STARTER #12 (permalink) |
| GenericDomainMarket.com Join Date: Apr 2007
Posts: 6,801
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() | Agreed.
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