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Over the last two weeks, the value of cryptocurrency, NFTs, and associated investment values have taken a hit for a plethora of reasons. Bitcoin seems to have bounced back off of its lows, but it is still considerably lower than it has been trading of late. I have not participated in these markets, but I believe a falling crypto market is bad for domain investors and the domain name industry as a whole...
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NickB

it's a mystery
Impact
14,839
My son made an absolute killing trading Terra Luna a couple of days ago.......

Bought at £0.81 sold at £4.01 within an hour or two = around a 395% return

Only 19, dropped out of college just over a year ago to focus on trading and he has been smashing it....ready to move out soon

Even when markets go into free fall there are opportunities to buy and sell

I have spoken to him about domains and he said who needs them :xf.laugh:
 

Mkt Sales Leads

Established Member
Impact
645
My son made an absolute killing trading Terra Luna a couple of days ago.......

Bought at £0.81 sold at £4.01 within an hour or two = around a 395% return

Only 19, dropped out of college just over a year ago to focus on trading and he has been smashing it....ready to move out soon

Even when markets go into free fall there are opportunities to buy and sell

I have spoken to him about domains and he said who needs them :xf.laugh:

All those companies which happen to be launching need domains.
Not sure if the question "who needs them" was a serious one.
 

Kingslayer

Top Contributor
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6,951
I'm not invested in crypto, i wish i did invest in Bitcoin years ago, but i don't think crypto is profitable anymore.

I do follow it though. Michael Saylor, i don't know what he's playing at with Bitcoin, it's all well and good believing in it, but basically putting your whole company and life on it and even borrowing to buy Bitcoin, I don't why Microstrategy board members don't say anything to stop it, how rich do you want to be even if Bitcoin goes on to be what he believes it will become? I think it gets to a stage where it's more about obsession rather than calculated business investments.

Whilst Michael is clearly a smart guy, many founders and CEO's of multi-billion dollar companies who don't believe in Bitcoin are also smart guys, not everyone is going to be right.
 
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All those companies which happen to be launching need domains.
Not sure if the question "who needs them" was a serious one.
Way to suck the joy out of a great anecdote... But you have a point.

@NickB your lad sounds like a smart cookie.

Don't let him go all in though cause it could end in tears 😂
 

NickB

it's a mystery
Impact
14,839
Way to suck the joy out of a great anecdote... But you have a point.

@NickB your lad sounds like a smart cookie.

Don't let him go all in though cause it could end in tears 😂

I think the replies show that they don't have teenagers in the family - Or a sense of humour......
:xf.wink:

He's not all in on Crypto - other assets as well - trades, has long and short positions also - so has his bases covered....hopefully
 

Mohammad Shahin

BRANDERX
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3,978

marijuanadomain

Established Member
Impact
482
the owner of paradise is following the same tricks on the playbook- advertise, give freebies, give low cost to initial offerings, pump pump and then sell .

Market manipulation according to SEC and they should be fined and go to jail

Seems like there is no more advertising anymore on the domaining or on his blog and have not been mentioned on his blog....?
 
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