Yes I don't think it's foolish not to understand. People learn over time or fall by the wayside. It's been like that in the domain world as far as I can remember.
Well it does actually mean you're wrong. The domain is worth what it sold for because that is what it sold for. If the buyer didn't feel it was worth it he wouldn't have paid that. Just because you don't understand why he would spend that much doesn't mean anything at all.
Estibot is, as it's always been, useless. The only people that use it are 'sellers' and it actually does more harm than good by making people think awful domains have value. It is not taken seriously by buyers. It takes 2 seconds to think up any domain in any extension that is available and...
I think it also has negative connotations. It says 'the end'. To me a company using 'xyz' is saying 'use us last' or 'we're behind everyone else'. I would rather be .abc
But the spam and freebies killed it almost immediately after it started. So it's not a case of 'will' fail.. it already has...
So you say that people saying 'don't take it as gospel' are misleading yet in your next line you state 'of course it isn't gospel'. Um ok. You find the domainers 'with sense' are the ones that make money by knowing the value of a domain and not being told lies by an automated tool. If it makes...
The uk dispute doesn't work like .com.
Anyone can open a dispute for any reason. There is a period of mediation after which either the complainant drops the case or pays nominet £750+vat (20%) for an 'expert' to make a decision. After that decision is made a complaint/respondent can appeal and...
...except airbnb and uber provide a service.... an actual tangible thing at the other side of a payment... not hope and speculation. One is valuable because it provides a service, the other is valuable because people say it is valuable.
Wow didn't realise it would be so long. It's rude I think to not even acknowledge a purchase - no email - nothing. Thanks for that drew.
*edit* found that page thanks. I was downloading the csv earlier from the right hand side of the link and that doesn't show the date it will change. Apparently...
And to further strain the metaphor imagine you moved out, found a place to live, moved in, and then 3 days later were kicked out without a refund on your rent because they'd let you move in too cheap. Apparently for some that's acceptable behaviour in the domain world :p Guess it's useful to...
The difference with real estate is you could have two almost identical properties both next to each other for sale. If they are the same price it really doesn't matter which you choose. As there can't be two domains the same this makes a difference. But I agree a lot of domaining is like real...
As sellers always love to quote - 'UNIQUE domain for sale' :p This is actually true. Domains are unique. Therefore even less basis to believe an automated appraisal. The theory of substitution could apply to some buyers but not others. It depends on their motivation. Again.. something an...
It's simply not possible for any automated appraisal to be accurate because there is no 'formula' for a sale price. It all depends on how much the buyer is willing to pay and how much the seller is willing to accept. Think of it as a Venn diagram. The interception is the range of sale prices...
This.
Yet people still buy them. The people who buy them will never sell them based on the appraisal (and in a lot of cases won't be able to give them away).
The only financial winner is the person selling the appraisal.
Last week the owners suddenly decided that the whole forum was going to be about cryptos primarily and all the 'old dinosaurs' should adapt. They put up about 10 forums dedicated to different 'coins'. The day before last I was looking they went a whole day without ONE single post from anyone...