Why do prices seem so high, let me sing my song. I didn't make Woodstock, but I did watch the LLL storm build into what it is today; and it was a sunny day when the whole thing started. When the LLL's first took off from basic $29-$69 snaps to a couple hundred bucks between domainers, it was only a few months after that level, that they ALL went to the $1,000-$1,500 level. In 2003, the worst LLL.coms made it to around $1,000 - $1,500, and then everyone said it was over.
I'm not saying that's what's going to happen; I just know, that this, is the exact same way it happened before. And like in any good horror movie, when the monster goes down the first time and everyone believes it’s dead; the LLL’s made this funny transistion. The really nice LLL’s were getting $X,XXX - $XX,XXX; and then everyone said why should I sell for $1,000. This is what I think created the boom. As more individuals own a greater share of the holdings, the stronger the market becomes.
This time it’s an army of people who understand, not a couple of guys; and that’s something pretty powerful. Everyone's always wondering when something big is going to happen in the domain business. Folks, it doesn't get much better than this. When the LLL's hit that $1,000 mark, everyone was convinced it was over, look at the LLL prices three years later.
Three years after the LLL market was pronounced dead and ready to burst. I’ve seen so many people try to hype different things around here over the years, and I fully believe this isn’t hype. I struggle with why others just can’t see it, no hyphens, no niche extensions; just good old reliable, king of the hill, .com’s; and people still scream no as the prices climb.
I only have about 50, and most of them were bought over 3 years ago, so I'm not selling hype; I'm telling you how it was, and how it's the same exact way again now. What you think is high priced today, right now, may be considered a steal in 3 months. Think I'm kidding? Look back to 3 months ago and compare. I’m not perfect, years ago when I was sifting through the daily drops, I hated CVCV’s, and passed over hundreds of them just to grab the CVCV’s because I believed they were phonetically better for end users, (and I still do). Time will be the judge of that one; and I got time.
What happened to that old poll about which camp members were in, that will help people with their reality check. By the way folks, China loves most of the letters Americans hate; it’s a big world out there; they’re all good! I think I’m finished with this for a while, time to get back to work.