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What do you think? Based on Rick's tweets, I believe he is referring to new gTLDs.
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Quite simply for the reasons you said plus traffic bleed. I have the .org of my first name and sometimes I enter the email as .com when entering forms .. lol
Also analogue advertising relies on memorability .. and while you advertise sex.xxx .. 48 hours after being exposed to your ad the potential client will go visit sex.com. That's the very concept the ngTLD's are fighting. It's a shame ICANN hasn't put any of the millions collected from the auctions into a public awareness campaign (but that's another subject .. lol). This WILL change .. in time .. but .com is still the default.
This has happened previously with a few 3rd level domains ... (example.com.com is an example of what those look like).
Google or NP search "Sunset" .. you'll see a few actual examples of domain levels closing their doors.
Long story short .. yes .. the domains cease to exist .. bye bye any money invested.
So while I feel and have repeated many times that total numbers of domains a ngTLD has is completely irrelevant to the valuation of a domain .. that obviously does not include the risk you have of a TLD going bankrupt (Sunsetting) .. for that the actual numbers do matter to validate whether the business is solid or at risk.
So if dot xxx starts to really collapse, registered domains are safe?
It is a funny cycle though. It is very self serving to not want 1000s of new extensions. If I own love dot com the only thing that truly could rival it is another love and new extension. Perhaps love.love could rival love dot com. Maybe love dot sex would rival love dot com. Now how does love dot sky really compare to love dot com?
So as an end user I am almost certainly not going to pay XXXXXX for love dot dot if I think dot dot is in danger of a collapse. If love dot com is worth XXXXXXX love dot dot should have some high residual value!! But imo it is limited.
Now if there ever was a governmental safeguard of some sort that preserved registered domains regardless of the "family" extension, then dot com could on a domain by domain case be rivaled by the new extensions.
I sure wish @Rick Schwartz would weigh in. Sometimes more than 140 characters is good!
there is just too much supply and little demand. do the math.
So, what happens when this crash of gtld's comes and the registries fold? The owners of the extensions who rely on them as their web address will scramble to get a .com..
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What do you think? Based on Rick's tweets, I believe he is referring to new gTLDs.
When I first started domaining in 2011, I was excited about the new "opportunity" of .CO and I bought thousands of dollars of domains, I even bought many many .NETs! And I did read about @Rick Schwartz saying only buying .COM but I thought I knew better and had to see for myself.
Some years later after only two sales in .CO and one in .NET I dropped all thousands of names and bought only .COMs such as Rick suggested! Within 2 months I sold my first name into the thousands of dollars, since then I was hooked. Now I have sold into the 6 figures and rising, all .COMs! Rick has thought me a great many things, but first I had to fail to really understand his point of view. Maybe a lesson for these new gTLDs too for others? I do not know, but I do not own even 1 gTLD! I am not saying you cannot earn money with these, but the chances are much much much greater with a .COM, less risky. PS this is just a opinion and a personal experience!
Well said my friend...one thing for sure...like any industry...experience matters...and stick to .com's and no looking back. Good luck everyone.Thanks!!
Not all will collapse no, great keyword combinations between the left and the right of the dot will grow in value IMO, for example send.money, save.money, quit.today, healthy.living etc. Why? The power of marketing. Domainers tend to forget some domains are very useful as marketing tools themselves due their powerful memorability.
Others will stay for ever...(cant see xyz going away after Google rebrand)
If gTLDs succeed many of the investors long in .coms (like Rick will see their portfolio value decrease - not evaporate but descrease)
if middle.man takes off his middleman.com will be worth(less)
It's the domaining business, not "new domaining business". His experience is directly translated to ngTLDs.Rick´s experience in domain investing (talking about legacy TLDs: .COM, .NET, .ORG etc …) cannot be translated to New gTLDs. This is a different field, with different rules, players etc … a totally different game. Anyone who started investing in New gTLDs from the begining has absolutely the same experience as Rick does in this NEW domaining business, so what he is sharing out there is only his very own opinion.
This is a different field, with different rules, players etc … a totally different game.It's the domaining business, not "new domaining business". His experience is directly translated to ngTLDs.
When you say it's different, maybe you take your eyes off the prize. ALL THAT MATTERS is supply, demand and knowing your prospective buyer and perhaps most importantly, if such a person exists.
Ok mate, whatever helps you through the day!This is a different field, with different rules, players etc … a totally different game.
We'd ALL love to own: Authorise.com
google.ai isn't going to be replaced with googleai.com anytime soon hahahaha
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There is no real time for domains, they too will disappear over the next 10 years or so. In fact it might happen a lot sooner and all domainers will be out of business.
With Amazon, Google, Microsoft, Apple... just say
OK Google (or similar) go to cnn
No .com, no .net... nada, zilch, zip, doda
Does not matter if a domain is just an ip address.
Even in y car, I just hook up my pixel phone and it knows where I am going in a flash. I go to costco every Sunday morning. I plug in my phone and it is already mapping me.
Wow, Wow, Wow
Does any domainer have the luxury of time anymore?