1st domain to top 9 figures

[robaireg]

good morning everyone.

just thought it would be fun to speculate on what kind of name will be the first to crack the 100 MM sale price.

so far the list is topped by insurance dot com which just pips out vacationrentals at 35 million.

what time frame will this 100MM figure be reached? and what kind of name will it be?


edit: according to '' mostexpensivedomain [dot] name '' CarInsurance dot com hit 49 million.
(however it was a working website with content)

 

[robaireg]

hi everyone ....

well the moon has gone around a couple times so ..

I got the notion of a few things, and heck I might even share a couple of them if it's ok with y'all ....

1) 9 figures (that is, over 100 million) isn't so unrealistic considering that we are dealing with a ''still relatively new asset class'' .... (sorry for the big words ..)

2) this asset class has possibly not yet got the general public's comprehension. I've been chewing on this a bit so bear with me here. picture the stock market in 1915. it's still considered a shadowy world for high rollers only. then suddenly in the early 20's the public realizes it's ok to play this game, so they go all in. result roaring 20's, raging stock market, shoeshine boys giving stock tips to grubbyshoed clients. and for 10 years it's a bubble then pow.

3) could it be the general public doesn't yet know about DN's as a tradable and -- here's the key -- fun --- asset class? could be.

4) do you see any news papers or magazine articles about the fun of trading in DN's? I don't. I don't even see that perception in mainstream online news. so there's the gist of it.

5) when the public catches on as to the ease of trading in this asset class, you might get another roaring 20's. but for DN's. it's just a working theory right now.

I'm going to develop that theory as I go but it ties into the title of this thread also.

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so you've seen a couple of DN's (and this applies to pure DN as the asset, not the related biz that might go with it) go over 50MM.. insurance and vacationrentals. basic mercantile generics. (names like google or yahoo don't count because they're intrinsically tied into very large existing biz's. ) we're dealing with pure unattached DN's here.

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ok, if Hangzhou based 4.cn chose to put 88.com on the market, would it be surprising for it to fetch over 100MM. ? another factor to consider is that it wouldn't be the public paying this kind of figure, but some very deep pocketed corporation who views the DN as a good asset for long term.

 

[DomainGist]

"could it be the general public doesn't yet know about DN's as a tradable and -- here's the key -- fun --- asset class? could be."

How is the "general public" knowing about trading domains going to result in the first $100,000,000 sale?

Members of the "general public" don't have $100m to spend.

Those who do have $100m will know about domain names..... and most of those will be investing in stocks, fine art and property instead.

 

[robaireg]

the corporate sector knows more about DN's than the public because they have some financially and tech savvy folks there.

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also stocks as an asset class has been very compromised by the manipulations and program trading that has taken all of the naturalness (truer supply-demand factors) out of that market. it's a synthetic market now in the view of many. and the public will lean towards a more natural market. my opinion.

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anyways if a large corporation really wants an asset, they will get it. and prices are on their level not the public's level.

most of those will be investing in stocks, fine art and property instead. it's all up to the co what they deem a useful asset for them.

 

[DomainGist]

Oh right because there is no "manipulation" in the domain market is there, sigh.

Asides from chronic shill bidding, a couple of companies having an almost complete monopoly over dropcatching..... and one registrar holding 25% of the world's .com registrations (the 2nd largest has 2%).

Nope, definitely "natural". I think you may be talking about domain names in the 90's.....

 

[robaireg]

So I'm alluding to perception by the public of DN's as a tradable asset class and you don't see the media doing stories on it. that's the point (among others) I'm making.

there are factors that defy logical comprehension. those factors are known to DN philosophy majors. dang will that be interesting when 88.com goes on the market. ok, it actually belongs to e-name, based at the ancient pirate port of Xiamen. ancient only ... ancient pirates only.

 

[Kate]

In fact a 9-figure sale could happen sooner than we think.
Wait until the next financial collapse and your dollars will be worth next to nothing. In 1923 Germany the cost of a streetcar ticket reached one billion Mark.
The global debt crisis is such that something bad is bound to happen.

 

[robaireg]

large companies will buy assets they think are strategic and that will be interesting in the DN world.

 

[robaireg]

according to recent report, one sale is at 90% of this number.