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As of today you gotta pay me to buy your premium .coms
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It may hurt some extension and help others. I believe that .coms are still a safe bet. As things are now, LLL.info, LLL.biz, LLL.name, LLL.travel, LLL.pro, LLL.cc, LLL.tv, LLL.me, LLL.asia, LLL.us, LLL.mobi, LLL.cn, LLL.de, and over 200 other extensions with and LLL have little to no effect on the people whom are buying, selling and trading, LLL.coms domains. In fact, it's the scarcity of the LLL.coms that helps support all the other TLD's. These new TLD's may bring more people online, but, if things continue to go as they have in the past, all the new TLD's will only heighten the perceived belief that .com is the king of all domains.
I only think that we will see less million dollar sales. Other sales are going to be remaining same. If you were thinking of selling your LLLL.com for $1m, it's sure gonna be a problem
I think this would cause a major decrease in the registration prices. Many people will end up starting cheap registration services for relatively unknown TLDs.
And yes , I think this would definately hurt the short domain name values. .com will still remain but anything other than that will be seriously affected.
Those people having the $$$$ will end up making more $$$$s cos I can forsee wildcard domain name parking. A person would simply register ".cpm" and park all the wildcard domains affectively parking the traffic of all typos of the ".com" extension!!
In my opinion it could very well cause short domains in .com to go up even further, yes -- especially CC.coms as to my understanding all these new extensions will be required to be at least 3 characters in length.
The bottom line is if you ask the average joe to list all the extensions they know of. You are going to get the same answer 95% of the time COM/NET/ORG.
Most other extensions have failed, or on the verge of failure. I just don't see a public outcry for more extensions and really don't think this will have much of an impact to be honest, except on obscure extensions.