- Impact
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This is a spin off of another thread where we were talking about the different marketplaces like Flippa, Namejet, etc. and topics like finding end-users.
I wish I knew what percentage of high value .coms (say $5000 and up) are developed. My feeling is that it would be a small number. If that's true, it says a lot about what's happening in the domaining industry.
Let's proceed henceforth under the assumption that the high majority of .coms worth $5000 or more aren't developed. If that's not the case then I'll have wasted your time and mine, and for that I'll be truly sorry, from the bottom of my dark heart.
If the majority of $5000+ coms aren't developed then you can say that the majority of owners aren't end-users but rather domainers. That implies two different things.
1. There are a lot of people out there waiting for the price the future will bring.
2. There currently seems to be enough domains to cover the needs of the world's current businesses.
Maybe it's just a feeling I have that the market is in stasis, as far as valuable domains and potential end-users are concerned. Maybe you have to get to $10,000 or up in order for this to be true. But I have a feeling that some of the best prices for these valuable .coms that have potential end-users would be had now, and are only going to go down in the future. I guess maybe because I don't see business really getting all that much better overall.
That, and my mind is open to the possibility of a newer technology antiquating the internet, at which time the people who paid exorbitant amounts for domains that were never developed will be crying big old crocodile tears.
It's interesting to consider that a domain doesn't exist in the real world. It can't be seen, even under the most powerful electron microscope. And because it doesn't exist in the real world, it has no real world value, like gold, or a Ferrari does.
The value of a domain name lies in the realm of our collective consciousness. We've established a system for the registration, sale, and transfer of concepts. We've all accepted this system and have agreed to play by the rules of this game.
Here's the interesting thing. When we no longer accept this system, a domain name no longer has any value. I mean, it has no value.
Even a car that's been totaled in an accident has some value in parts and scrap metal. But once we no longer accept the currently agreed upon system for registering and transferring concepts to each other, beer.com will become worthless.
And all it would take is for a new technology to antiquate the internet. Really, it's something that could cause a major shift in world power.
Food for thought.
Your thoughts, ideas, taunts, or rotten vegetables are welcome.
I wish I knew what percentage of high value .coms (say $5000 and up) are developed. My feeling is that it would be a small number. If that's true, it says a lot about what's happening in the domaining industry.
Let's proceed henceforth under the assumption that the high majority of .coms worth $5000 or more aren't developed. If that's not the case then I'll have wasted your time and mine, and for that I'll be truly sorry, from the bottom of my dark heart.
If the majority of $5000+ coms aren't developed then you can say that the majority of owners aren't end-users but rather domainers. That implies two different things.
1. There are a lot of people out there waiting for the price the future will bring.
2. There currently seems to be enough domains to cover the needs of the world's current businesses.
Maybe it's just a feeling I have that the market is in stasis, as far as valuable domains and potential end-users are concerned. Maybe you have to get to $10,000 or up in order for this to be true. But I have a feeling that some of the best prices for these valuable .coms that have potential end-users would be had now, and are only going to go down in the future. I guess maybe because I don't see business really getting all that much better overall.
That, and my mind is open to the possibility of a newer technology antiquating the internet, at which time the people who paid exorbitant amounts for domains that were never developed will be crying big old crocodile tears.
It's interesting to consider that a domain doesn't exist in the real world. It can't be seen, even under the most powerful electron microscope. And because it doesn't exist in the real world, it has no real world value, like gold, or a Ferrari does.
The value of a domain name lies in the realm of our collective consciousness. We've established a system for the registration, sale, and transfer of concepts. We've all accepted this system and have agreed to play by the rules of this game.
Here's the interesting thing. When we no longer accept this system, a domain name no longer has any value. I mean, it has no value.
Even a car that's been totaled in an accident has some value in parts and scrap metal. But once we no longer accept the currently agreed upon system for registering and transferring concepts to each other, beer.com will become worthless.
And all it would take is for a new technology to antiquate the internet. Really, it's something that could cause a major shift in world power.
Food for thought.
Your thoughts, ideas, taunts, or rotten vegetables are welcome.