Larry Fischer tweeted just after midnight that Coffee.club sold for $100,000 at T.R.A.F.F.I.C.
http://www.domaincrunch.com/coffee-club-sold-for-100000/
http://www.domaincrunch.com/coffee-club-sold-for-100000/
Time to face reality, no value bashers..
Never know, they do say history repeats itself...
http://domaingang.com/domain-news/anunt-confirms-sale-of-flowers-mobi-to-1800flowers/
...not specifically singling one person out as history is repeated by others...
Load up on those .CLUB domains my friend!
Friend? Please spare me with your forum baiting, it gets old.
Don't you think your investments in .CLUB are pretty weak?
Agreed. Go get yourself off on someone else...
Glad we see eye to eye for once.
why would coffee.club make sense for business?
Don't you think your investments in .CLUB are pretty weak?
I don't think there is a .coffee TLD
The bad thing in new gTLDs is that you have to promote the gTLD itself in the same time you promote your site so people don't get confused in typing/accessing the website and the new gTLDs are really confusing for random internet users.
So giving $100k for a domain like coffee.club when the buyer already owns a domain like cofee.org isn't smart at all.
Posts were removed within this thread between VP and myself JSYN. It's been cropped leaving out were VP calls him/her a master baiter etc.. And where I ask for him/her to stop baiting me.
Come on is VP an admin or whats going on? VP can get his/her and my posts removed within seconds, go figure...
I am not sure why people compare the new gTLD's to .mobi? Most of the new gTLD's are better than .mobi in my opinion because they are actually descriptive. .club, .coffee, .company, .today, .services etc. After all what is a .mobi? Owning a .mobile sounds better to me than a .mobi. Although it will take a bit for everyone to catch on and adapt to the new GTLD's I believe the ones that survive and don't go under will be well worth owning. Just a thought.
I don't think there is a .coffee TLD
The bad thing in new gTLDs is that you have to promote the gTLD itself in the same time you promote your site so people don't get confused in typing/accessing the website and the new gTLDs are really confusing for random internet users.
So giving $100k for a domain like coffee.club when the buyer already owns a domain like cofee.org isn't smart at all.
its not the extension itself that people are making the comparison with but the situation, as in the initial hype, the domainer regs, the end users who were going to make everyone aware, the "big" sales that happened all for it to amount to nothing. while i don't think it will play out exactly the same this time around, i do think very, very few people who are buying these new gtlds will make any money. its not a good investment at this point. will it be at some point? maybe but i wouldn't hold my breath.I am not sure why people compare the new gTLD's to .mobi? Most of the new gTLD's are better than .mobi in my opinion because they are actually descriptive. .club, .coffee, .company, .today, .services etc. After all what is a .mobi? Owning a .mobile sounds better to me than a .mobi. Although it will take a bit for everyone to catch on and adapt to the new GTLD's I believe the ones that survive and don't go under will be well worth owning. Just a thought.
Because they would do anything to defend their .com's. .mobi is a failed project nothing more, thanks to the smartphones. It's more relevant putting in to context the likes of .pro and maybe .info.
its not the extension itself that people are making the comparison with but the situation, as in the initial hype, the domainer regs, the end users who were going to make everyone aware, the "big" sales that happened all for it to amount to nothing. while i don't think it will play out exactly the same this time around, i do think very, very few people who are buying these new gtlds will make any money. its not a good investment at this point. will it be at some point? maybe but i wouldn't hold my breath.
coffeeclub.com just went up in value i guess. i bet the domainer who owns that is happy. they probably would of sold it for half the price or less.
.mobi is a failed project that has so many parallels to this ngtld fiasco.
There isn't a single business out there that wouldn't want their matching .com. .coms don't need anyone to defend them.
You have to think about all of this from a business standpoint, and understand that most registries and most ICANN associated businesses are investors in .COM.
They arent trying to devalue the .COM, they are trying to inflate the prices by saturating the market with junk. All while making a tidy profit in the process.
None of this is about what is good or bad, or a 'need' for more names; thats small minded. It's about making more money through tld applications and defensive registrations.
Do you honestly think multi-billion dollar companies would want to devalue their prime assets, or allow it to happen?
ok, done. what was i supposed to gain from it because i don't see it.Read first page of this thread again.
Thanks.
Thanks for the article David. I saw the mention of the .mobi sale from 07, but this is an interesting read.
So Rick Schwartz made a heavy investment for the name and bought it for $200k... then selling it for a major loss to Anunt Patel for $6500... when then sold it to 1800Flowers for $5k.
So basically everyone lost in that investment.