Ethics of staying quiet when newbies reg rubbish?

DomainGist · May 30, 2020

I dip in and out of this forum, leave for 9 months, back for 6 etc. Most recently quit domaining and had a change of heart and started to rebuild.

But every time I come back here I see a few newbies hand-registering absolutely turgid rubbish by the hundreds or even thousands.I won't name any names here as it would look like an attack.

I know that some people just won't listen, and I see a few people trying to get them to stop, but these people are undermined by people who 'like' their reg of the day.

Lets be clear here, I'm not talking about 'subjectivity' here, but I'm talking about people registering domains with 3 hypens, or 50 character nonsense domains.

So two questions:

1. Do we have moral obligation to be straight with these newbies and tell them that they are registering rubbish, even if this is a thankless task and the person refuses to listen and even doubles down on what they are doing.

2. Is it ethical for experienced domainers to 'like' posts which seem to validate the newbies selections.

I look at some of these people with thousands of completely unsellable hand regs, and on one hand I do think that they probably play their part in keeping registration and renewal prices down for every domainer as these nonsense domains are part of the ecosystem and generate cash for the registry and registrars, but on the other hand these domainers could be in debt, or blowing money from family savings without their wives knowing.

I find it very difficult to see people spending like $7000 on terrible handregs without saying something.

One particular individual got very angry with me and suggested that he isn't rich enough to get domains from closeout, but a domain from closeout costs what... $25 including one year renewal, and this individual has hundreds and hundreds of hand regs from all sorts of extentions. So if they took their time they could build a decent port of say 100 closeout domains over a period of 12-18 months, that would probably cost them less.

Why do people ignore these newbies and let them waste their money, and more importantly why do some people seem to encourage this really self-destructive and damaging behaviour by pressing 'like' on red-widget8383eu.biz or whatever nonsense they have registered?

Thoughts?

BrandEntrance.com · Jun 1, 2020

At least they can't expel you? We're all free agents here. Maybe if they could blow the cobwebs out of the way they would see that. Probably those cataracts... and years of regret from being at the beginning and not selling for $$,$$$,$$$ because they didn't know how to. Are these the losers of Domaining 1.0?.

I don't know whose worse in here...

these dudes...

or these dudes...

...

Do your things, we are many new guys gladly sharing what we know outside of the threads, like who is helpful and who is a grumpy ... We're on linked in and gladly reading Bob, Cassey, Abdullah and many more humble helpful people both here and on Linkedin etc. But you never had Linkedin 20 years ago did you?

We are grown ups, have degrees, businesses, fluent in many languages, can tie our laces, have wives and grown up children. Who the hell are you?

I have even seen some portfolios and quite frankly I don't see any difference between the pot calling the kettle black.

Anyway the registrars love us. If most are like me then they have other incomes. I own property, land and forest with my wife, don't pay a mortgage. Domaining for fun or hobby is actually none of your business.

We all come from different adresses, cities, countries and have different business experiences. Tell me that you know everything and I will say you are deluded.

BaileyUK · Jun 1, 2020

Well that is quite an angry man response there jamesall, I'm glad you've found your insiders circle to share and vent your frustrations.

All the best

BrandCollectors.com · Jun 1, 2020

Hello, thinking about the
rubbish.. who the fak is rubbish my bad I have never head this word before .. so now I know))

and so would u reg this rubbish F-O-R-S-A-L-E in dawt king six hyphens?

probably 99 %of nameprosers says nyet but check the whois

the owner is Rick domain king

I go ahead and grabbed FOR--SALE in dawt king double hyphenated. rubbish? nyet! I don't care cuz I like this name so much. regd for my own needs..

look at this brand off---white triple hyphenated in King

rubbish?

may be but not for them. I go ahead and regd s--e--x in dawt King

one guy renewd this rubbish 15 years

interestingly that u can't register triple hyphens s---e---x.

I try to follow the rules:
1) always go with a com.
2) if one word is taken go with two words
3) if two words is taken go with hyphen
4) if hyphen is taken go with 3 words etc..
if all variations are taken go with a. Co

I have a few double hyphenated domains

hyphenated squad we are the legion

Daniel Owens · Jun 2, 2020

DomainGist said:
I dip in and out of this forum, leave for 9 months, back for 6 etc. Most recently quit domaining and had a change of heart and started to rebuild.

But every time I come back here I see a few newbies hand-registering absolutely turgid rubbish by the hundreds or even thousands.I won't name any names here as it would look like an attack.

I know that some people just won't listen, and I see a few people trying to get them to stop, but these people are undermined by people who 'like' their reg of the day.

Lets be clear here, I'm not talking about 'subjectivity' here, but I'm talking about people registering domains with 3 hypens, or 50 character nonsense domains.

So two questions:

1. Do we have moral obligation to be straight with these newbies and tell them that they are registering rubbish, even if this is a thankless task and the person refuses to listen and even doubles down on what they are doing.

2. Is it ethical for experienced domainers to 'like' posts which seem to validate the newbies selections.

I look at some of these people with thousands of completely unsellable hand regs, and on one hand I do think that they probably play their part in keeping registration and renewal prices down for every domainer as these nonsense domains are part of the ecosystem and generate cash for the registry and registrars, but on the other hand these domainers could be in debt, or blowing money from family savings without their wives knowing.

I find it very difficult to see people spending like $7000 on terrible handregs without saying something.

One particular individual got very angry with me and suggested that he isn't rich enough to get domains from closeout, but a domain from closeout costs what... $25 including one year renewal, and this individual has hundreds and hundreds of hand regs from all sorts of extentions. So if they took their time they could build a decent port of say 100 closeout domains over a period of 12-18 months, that would probably cost them less.

Why do people ignore these newbies and let them waste their money, and more importantly why do some people seem to encourage this really self-destructive and damaging behaviour by pressing 'like' on red-widget8383eu.biz or whatever nonsense they have registered?

Thoughts?

If you tell people that they are registering rubbish I think it's against namepros rules and is considered
"harassment".

HotKey · Jun 2, 2020

I think a fitting song, for the occasion. The hand-reg's, they may reach their year's end, but more than that; They did it their way.

"While Sinatra never learned how to read music, he worked very hard from a young age to improve his abilities in all aspects of music" - Wikipedia

sbweb · Jun 2, 2020

Like most things in life, I believe experience is the best teacher. Even if you were to give advice, most people do not follow because domaining involves some subjectivity aside from the obvious pigeon doodoo. I mean don't get me wrong... I have no problem helping newbies if they're willing to listen, but at the end of the day, they're gonna do what they wanna do.

Also, I think it's good for the industry when new people are spending money on domains. Why? Because think about this - when there are more domains registered, that means there is a smaller pool of domains to choose from (hand registration). Less supply + more demand is a recipe for good economy, which can drive prices up overall.

So if you're a domainer and you have average to good domains, and the buyer has to choose between a pigeon doodoo domain and an average+ domain, they may spend a little more for the better domain.

I say let nature take its course.

Reddstagg · Jun 2, 2020

BrandCollectors.com said:
Hello, thinking about the
rubbish.. who the fak is rubbish my bad I have never head this word before .. so now I know))

and so would u reg this rubbish F-O-R-S-A-L-E in dawt king six hyphens? probably 99 %of nameprosers says nyet but check the whois the owner is Rick domain king

I go ahead and grabbed FOR--SALE in dawt king double hyphenated. rubbish? nyet! I don't care cuz I like this name so much. regd for my own needs..

look at this brand off---white triple hyphenated in King rubbish? may be but not for them. I go ahead and regd s--e--x in dawt King one guy renewd this rubbish 15 years interestingly that u can't register triple hyphens s---e---x.

I try to follow the rules:
1) always go with a com.
2) if one word is taken go with two words
3) if two words is taken go with hyphen
4) if hyphen is taken go with 3 words etc..
if all variations are taken go with a. Co

I have a few double hyphenated domains

hyphenated squad we are the legion

I'm Spartacus-Legionnaire.com

DomainGist · Jun 2, 2020

BrandCollectors.com said:
Hello, thinking about the
rubbish.. who the fak is rubbish my bad I have never head this word before .. so now I know))

and so would u reg this rubbish F-O-R-S-A-L-E in dawt king six hyphens? probably 99 %of nameprosers says nyet but check the whois the owner is Rick domain king

I go ahead and grabbed FOR--SALE in dawt king double hyphenated. rubbish? nyet! I don't care cuz I like this name so much. regd for my own needs..

look at this brand off---white triple hyphenated in King rubbish? may be but not for them. I go ahead and regd s--e--x in dawt King one guy renewd this rubbish 15 years interestingly that u can't register triple hyphens s---e---x.

I try to follow the rules:
1) always go with a com.
2) if one word is taken go with two words
3) if two words is taken go with hyphen
4) if hyphen is taken go with 3 words etc..
if all variations are taken go with a. Co

I have a few double hyphenated domains

hyphenated squad we are the legion

Right... Now give me some sales examples.

lock · Jun 2, 2020

There is always something better to spend your money on drop what your least excited about renewing. My biggest mistake would be auto renewing what i really don't want the rubbish adds up.

lock · Jun 2, 2020

Rubbishing dot com i did get an offer once.

BrandEntrance.com · Jun 2, 2020

BaileyUK said:
Well that is quite an angry man response there jamesall, I'm glad you've found your insiders circle to share and vent your frustrations.

All the best

Weak.

I communicated extremely lucidly. Your comments are all of the type "When I were a lad", "These young people today don't know their arse from their elbow" etc. I'm not lecturing anybody here, however, I am extremely communicative and actually made a career out of language and communications. I am an academic lecturer among other things.

NickB · Jun 2, 2020

jamesall said:
Weak.

I communicated extremely lucidly. Your comments are all of the type "When I were a lad", "These young people today don't know their arse from their elbow" etc. I'm not lecturing anybody here, however, I am extremely communicative and actually made a career out of language and communications. I am an academic lecturer among other things.

tone it down with the ageist comments please, I for one find them quite offensive....

CraigD · Jun 2, 2020

But you try and tell the young people today that... and they won't believe ya

TheBaldOne · Jun 2, 2020

jamesall said:
I am an academic lecturer among other things.

I have known literally dozens of 'academic lecturers' who are totally useless at communicating, and I am sure you have as well.

karmaco · Jun 2, 2020

Boy this thread has gotten ridiculously off topic. Nobody cares what you think about other domainers names or points of view or age for that matter

The question posed was why not intercede on people who repeatedly register garbage and post about it. Maybe because its not our business or our money going down the drain.

This business seems to draw in people who can’t be told anything and think they know it all. So let them register whatever they want. It doesn’t affect your success in the least.

NickB · Jun 2, 2020

karmaco said:
Boy this thread has gotten ridiculously off topic. Nobody cares what you think about other domainers names or points of view or age for that matter The question posed was why not intercede on people who repeatedly register garbage and post about it. Maybe because its not our business or our money going down the drain.

This business seems to draw in people who can’t be told anything and think they know it all. So let them register whatever they want. It doesn’t affect your success in the least.

That's been the big takeaway of this thread for me......going to do my best not to comment on peoples domains from now on, if I slip up refer me to this post as a reminder

Kingslayer · Jun 2, 2020

I think if they are registering loads and loads of crap domains, then you say something. Other than that, you just have to let them get on with it and learn from their own mistakes.

At the other side of this (which is also a problem), there are people who give advice out and talk like they are experts, when they are not and there are some people who encourage rubbish hand-regs to make their own stronger keyword domains even stronger, I've seen this in future tech threads.

There are also investors who try to influence the market (ie saying prices people should sell their LLL domains for) solely for their own interests and to make their own LLL investments more valuable, I've seen the best domineers do this on social media, domain investors who regularly deal with 6/7 figure domain names.

I don't agree with this, people should always sell for a price they are comfortable with, it's easy for people who have already made it (ie not forced to sell) to put 6/7 figure price tags on their assets and stick with that, but everyone's financial situation is different.

BrandEntrance.com · Jun 2, 2020

TheBaldOne said:
I have known literally dozens of 'academic lecturers' who are totally useless at communicating, and I am sure you have as well.

Maybe, but I have hundreds of satisfied students.

adaaja98 · Jun 3, 2020

I do handreg because i don't have much money

AEProgram · Jun 3, 2020

adaaja98 said:
I do handreg because i don't have much money

I don't do handreg because i don't have much money

Its like a person that buys penny stocks because they don't have much money. You are better off saving up to buy something good than almost certainly losing all your money.

bmugford · Jun 3, 2020

AEProgram said:
I don't do handreg because i don't have much money

Its like a person that buys penny stocks because they don't have much money. You are better off saving up to buy something good than almost certainly losing all your money.

I agree.

"I don’t have enough money to buy cheap things" or “We're not rich enough to buy cheap things”

Those sayings basically mean you get what you pay for. Cheap things are generally lower quality, and if you already can't afford something it doesn't make sense to waste money on something just because it is cheap.

Brad

HotKey · Jun 3, 2020

adaaja98 said:
I do handreg because i don't have much money

That's understandable. No one should fault another investor for domaining within their means.

Doing the same thing over and over and expecting different results though, that is a fault we should attempt to repair, whether recognized in ourselves or others.

But telling someone to "save up to buy something good" can be just a disastrous- there are no guarantees. That so-called golden egg you were told to save up and buy- what of it? With no notches on your belt, best better not drop that basket.

Hang-regging may fall in the lower spectrum of attainable quality most times only because it is one of the easiest and cheapest way to acquire names. It is available to anyone to experience, thus falls naturally within the "entry-level" of investing. Even so, the thrill of the hunt remains in the hearts of many seasoned domainers; there is something about discovering a brand-new name, and hand-registering it for yourself.

Reddstagg · Jun 3, 2020

HotKey said:
That's understandable. No one should fault another investor for domaining within their means.

Doing the same thing over and over and expecting different results though, that is a fault we should attempt to repair, whether recognized in ourselves or others.

But telling someone to "save up to buy something good" can be just a disastrous- there are no guarantees. That so-called golden egg you were told to save up and buy- what of it? With no notches on your belt, best better not drop that basket.

Hang-regging may fall in the lower spectrum of attainable quality most times only because it is one of the easiest and cheapest way to acquire names. It is available to anyone to experience, thus falls naturally within the "entry-level" of investing. Even so, the thrill of the hunt remains in the hearts of many seasoned domainers; there is something about discovering a brand-new name, and hand-registering it for yourself.

You make many good and valid points. Whether someone is of the top 1% of domainers or of the bottom 1% the objectives are surely the same. If someone spends $1million buying a domain and sells it a few weeks later for $2million then this is the same as someone buying a domain for $10 and selling it a few weeks later for $20. The return on the respective investments is still the same percentage. One just has more zeros at the end. Some people seem to presume that you can buy or register a name for $10 and sell it for thousands. Although this does happen it may not happen that often. We have to be aware of our own individual potential and available resources and just because it has happened to someone else there are no guarantees that it will happen to us.

There is nothing wrong with reaching for the stars but you have to keep your feet anchored in reality and only spend what you can afford to lose. Having a well padded domain portfolio will not keep you warm at night or put food on your table.

Also, be aware that there are still some nuggets to be found as they may have been overlooked, or someone let one expire or they are just returned to the mixing bowl as someone has died and the domain portfolio has been lost.

It will not just fall at your feet though and you will have to spend many hours searching for it.

Good luck on your journey.

Regards,

Reddstagg

bmugford · Jun 3, 2020

Reddstagg said:
You make many good and valid points. Whether someone is of the top 1% of domainers or of the bottom 1% the objectives are surely the same.

There are many successful domain investors that started with limited capital. They got where they are today by making good decisions over a long period of time, and sticking to a repeatable business model that worked. With cash flow, then you are in a stronger position to reinvest.

It is rare someone is just magically a successful domainer. Not wasting money is a big key to getting to that point eventually.

Reddstagg said:
If someone spends $1million buying a domain and sells it a few weeks later for $2million then this is the same as someone buying a domain for $10 and selling it a few weeks later for $20. The return on the respective investments is still the same percentage. One just has more zeros at the end.

No, it is not the same thing. In one case you made $10. In the other case you made $1M.

The ROI might be the same, but unless you can repeat it 100,000 times then it is not the same.

Brad

Joe N · Jun 3, 2020

Reddstagg said:
If someone spends $1million buying a domain and sells it a few weeks later for $2million then this is the same as someone buying a domain for $10 and selling it a few weeks later for $20. The return on the respective investments is still the same percentage. One just has more zeros at the end.

While the math of the ROI works out here, this is a vast over-simplification that ignores a lot of the reasons why it may be better to spend more money on an aftermarket name than it is to hand-register.

These reasons may include:

Greater probability of end user sale.
Greater liquidity of the name, thus allowing you to recoup your costs.
Smaller renewal costs as your portfolio size grows.
Much higher overall profit (even if your ROI remains the same)

Reddstagg said:
Some people seem to presume that you can buy or register a name for $10 and sell it for thousands. Although this does happen it may not happen that often. We have to be aware of our own individual potential and available resources and just because it has happened to someone else there are no guarantees that it will happen to us.

I think that what I bolded above is what newer investors should remember above all else when hand registering. But this should not be used as a justification for why their names are not selling... It should be the guiding principle by which they select their hand registered names.

The fact that hand registrations are so much more unlikely to sell for large sums means that we must be so much more selective when buying them! If you limit yourself to only buying names that have a reasonable chance of selling for four figures (or at least high three figures), then your portfolio will be in much better shape. And your pocket-book will thank you for it.

Ethics of staying quiet when newbies reg rubbish?

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