- Impact
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I guess at least some domainers are asking themselves this question. Crisis coming? (about everybody says yes, many says 2020, but anyway...) And if it does, what would happen? How can we go through this best?
Perhaps the ones that are in the business for long know more (been through 2007 years), but newer ones don't. I know how it went for my business back then (tough) but don't know about domaining field.
So what would happen?
- Would the .COMs retain the same value? Or decrease - by how much?
- Will the percentage of sales decrease? How much?
- Will we have to trim down our portfolio and keep only important ones, for reasons of being able to financially sustain renewal costs?
- And a side question (crypto): Will the decline of bitcoin pricing, will it impact crypto domain sales a lot?
( I'm thinking there is a possibility that all the crypto trend might reverse soon. It's a side question but a niche that will definitely be impacted by a global crisis, question is how/how much. I believe people will have to sell out some stock to cover living costs and therefore this can throw bitcoin price to the ground in such a case. Just speculating for now. )
Thanks!
Perhaps the ones that are in the business for long know more (been through 2007 years), but newer ones don't. I know how it went for my business back then (tough) but don't know about domaining field.
So what would happen?
- Would the .COMs retain the same value? Or decrease - by how much?
- Will the percentage of sales decrease? How much?
- Will we have to trim down our portfolio and keep only important ones, for reasons of being able to financially sustain renewal costs?
- And a side question (crypto): Will the decline of bitcoin pricing, will it impact crypto domain sales a lot?
( I'm thinking there is a possibility that all the crypto trend might reverse soon. It's a side question but a niche that will definitely be impacted by a global crisis, question is how/how much. I believe people will have to sell out some stock to cover living costs and therefore this can throw bitcoin price to the ground in such a case. Just speculating for now. )
Thanks!