hey guys, i just wanted to say that the more desperate y'all sound when trying so hard to sell names the worse it is for the market.
we had a nice boost when the rushes broke but most of that interest seems to have dissipated now and i see a lot of people trying hard to flip, often bumping up sales threads on stupid names no one wants.
for those who actually own good names if you want to achieve spectacular results you need to employ a buy and hold strategy. emphasis on the HOLD part. it could take several years for the market to mature. i hate seeing people crow about what a great ROI they earned when talking about turning 20 bucks into 200. sure you 10x your money on that one but maybe you left $10,000 on the table!
and dont talk about "development" either. as much as i hate to say it snoop called it mostly right with his take on what most domainer development means. if your going to do something special with a name then do it! but to hear someone trying to sell quick say something like "if i dont sell this gem real soon i'm going to develop it instead" is about the dumbest thing i can imagine hearing. lordy!
we dont need to talk to death the true value of .tv. what we do need is to maintain the courage of our convictions and hold steady. 5-10 years is NOT too long to wait for a real payday, is it?
Not sure what you are trying to say overall but I definitely agree on the development part and have said this before.
Development is never site Development.
Development is slight more than no effort development to hopefully pay for renewal. The question that I have is whether this development actually has a negative/positive effect on the overall pricing of a domain.
Before being called a hypocrite - I have said I would develop but this is limited to 3-4 of my real names and not to be the next Facebook. I consider AllThings and Everything to be "development". They DO serve a purpose. I intend development as proof of concept of an idea more than creating a site. The STUPID thing for me is that I could do that ALL on ictv.us - but I prefer the name to match for personal reasons.
I just regged a nice .TV to create a place for people to post best wishes for a friend being married. It's good enough for me
It appears domainer to domainer that this crappy development actually helps because it's traffic of some kind - but I'm not sure an end user actually cares or not (unless it was used in some kind of scammy way).
But to the rest of your post.....
Finster.. you have to understand you are in an ill-defined market with names that few can tell are good or not. What *makes* a name good? It's hard to say in some instances. What that ill-defined market means though is that it's just like the stock market. You have people short term investing...100 quick $200 is still $20K... (not considering tax implications etc).... and that quick $20K may buy another 200 names @ 2-3 years. Sometimes it IS better to look at the market in a short term manner and sometimes it's better not to.
If you can afford renewal on 1000 names that's great. You HOLD.
If you can afford renewal on 10 but have 20... then you have to SELL.
I don't think any domainer really cares about the return on anyone else's investment.
I'm totally confused by the market pictures. I've seen GoDaddy auctions on .US go for $500 that *might* have gotten a SnapNames backorder.
I've seen names go through GoDaddy Closeout to then get $250 at auction 1 month later. .TV is no clearer. I've seen names on GoDaddy get ZERO interest better than names getting backordered.
I've even seen a domain firstname.us worth an EASY $500 domain tasted and dropped.
Frankly I have NO IDEA what the .TVs I have and hold are worth. I do know that it will take a lot to remove one name from me and some others I would let go for $50.
Take Removal.TV
It's got GOOD ESTIBOT value ~ $2K... it's highly searched (not MASSIVELY).
It works across multiple businesses.
Tattoo Removal/Hair Removal (big business easy to translate to .TV)
Trojan/Malware removal (Bigger search harder for .TV)
Garbage /Trash Removal (Smaller/Local Ad competition)
What would the value on this name be?
Why should I renew it?
I will renew it. It has GREAT potential.
I can almost guarantee this gets picked up before 4.05 am on the day it drops because it looks and sounds and "feels" better than the names available.
SO.
Buy and Hold is a strategy you have the luxury of employing (though you admit to selling some very nice old .coms). Others say they have renewals of $5-10K and are happy. I've see others contemplating a $1300 sale because they are past due on bills (take it dummy!)
There is also the chance that you take a nice one word LLL.tv and refuse an offer of $xx,xxx and then never see that again. EVER.
It's a different game for different people and YOUR convictions are stronger than mine and everyone else here.... I'm not saying you are crazy - far from it, I have great respect for you AND your goals. Others here are definitely HEAVILY invested and vocal, and other heavily invested and QUIET. You are not alone for sure.
But NP is not the best guideline for people. Names with a POSTED BIN have sat here and THEN sold for more at auction.
I can easily afford to hold what I have... but I might not want to...
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