Some people may make sales immediately from the very beginning through their own social network and think domain business is wonderful for everyone. The reality is way different, most people have insufficient social network and sales skill. Also, in fact, anything, not only domain names, can be sold to a good social network but usually for a limited time and in limited quantity. A randomly chosen business likely bought only 1 or 2 domain in its whole lifetime. This is an inherent disadvantage of all domain names, including premiums. Need is not continuous. Almost each time you need to find a different buyer. This makes the domain sales less sustainable than most businesses, especially if you don't have thousands of domains in hundreds of different niches. Having large portfolio has different drawbacks. It's difficult to setup a solid strategy that will work well in the long term. Most domain sales are pure coincidence, are not predictable as a result of planned, systematic work. Hence it's almost impossible difficult to rinse and repeat or scale up what worked. What worked usually works only for once or twice unless you have a large portfolio to notice a possible pattern. Each time you have different domain and different potential buyer. Different buyers are mostly new startups with low budget for anything. It 's more of a guesswork on how many startups will appear in which industries, in which locations, etc. In fact you are not posting anything new and have just proved by showing us your very similar thoughts you posted in 2015. You say domain is a name of something and a door, without a name nothing can exist. These are partially correct arguments. While most things have only 1 name, 1 direction and 1 address, those are not static. Nothing is truly static. As you worried about oversupply risk in the past, we agree it will lower the prices if happens. What we don't agree is only whether it will happen or not. Domain names have high substitute alternatives. This makes the prices highly elastic. If domain A and B are substitutes to eachother, buyer very likely buy the cheaper one even if the price difference is very low. That's why most domains are not sold or are sold for under xxx. It's difficult to rationalize top prices of premium domains when there are cheaper alternatives. Today price of a premium domain will be affected by number and prices of its cheaper alternatives. I think their prices should raise for a while as their supply quantity is very low and they have many potential buyers. But I don't this upward trend will last for additional 20 years. It will cease somewhere before 20 years, in my opinion.