This is what nobody talks about.
Decades ago, lets say roughly 25 years ago, when the internet was in its golden age, domains were in abundance and many good names were available, the average person could usually register the domain he needed without it being taken.
Domaining is not futureproof, not sustainable, it's more of an early-internet thing, even now the internet is still very young if you think about it, BUT, as the internet gets older and more people are using it, computers are advancing, the demand increases and all the half-decent domains get sucked up, even with the new TLDs. The new TLDs are overpriced, and nothing will ever compare to when the internet was fairly new, when good domains were available & free and without having to pay thousands of dollars or even millions for them.
Now, today, more than 20 years after the dot-com bubble, realistically, no domains are available for registering, only the pickers are left and if you want to get a good domain in your collection, you have to buy it at a premium and pray someone is going to buy it, and I don't think people really profit much from that at all, because it's likely that the would-be buyer is another domainer or as the nerds call it, "domain investor" like you, and I guess if the domainer or would-be buyer is smart he wouldnt buy the domain at any higher price than you did yourself because then he would have to resell it even higher if he's trying to make a profit just like you did. Then the price continues to become so high that there isn't much room left to profit off the domain within the domaining industry, then again there are chances it gets purchased by a business or individual interested in it, and then that domain goes out of public circulation and gets used as a website, with only the trash pickers left within the domaining industry.
Nobody wants domains ending in, for example: .xyz and other ugly similarities, even if you get a good domain with such ugly endings it's still realistically worthless, be real. The only TLDs in which "good" domains are worth anything are .COM, .NET and .AI, etc and that only being said if your website has traffic, it's true if you are a logical person and not a trash hoarder. The only domains which have value are high traffic domains, and if you have an ugly TLD domain, for example .xyz with high traffic, good for you, your domain has physical people entering it, then I can make an exception and consider it "valuable".
And finally, domains are not property which means you do not own them, you only have the right to use them and that is only so if you pay the yearly fee. Domains aren't property, therefore they have no book value, no officially recognized value because as I said, it's not property. It's only speculation and it's up to the so called "domain investors" what the market value for it is.
Different can be said about high traffic domains, as I said above, they have physical backing behind them in the form of customers (humans), which are important for generating revenue for a website. The only way you can make a domain "valuable" nowadays is by developing it into a website with traffic.
Alright, that is enough. Now I will be stormed with shit, feel free to thumbs down this post and mass-report me, moderate me or or whatever. I don't care! Just stay mad. Stay edgy!
And feel free to correct any mistake I made in this post, I might take it as advice, it depends.
Decades ago, lets say roughly 25 years ago, when the internet was in its golden age, domains were in abundance and many good names were available, the average person could usually register the domain he needed without it being taken.
Domaining is not futureproof, not sustainable, it's more of an early-internet thing, even now the internet is still very young if you think about it, BUT, as the internet gets older and more people are using it, computers are advancing, the demand increases and all the half-decent domains get sucked up, even with the new TLDs. The new TLDs are overpriced, and nothing will ever compare to when the internet was fairly new, when good domains were available & free and without having to pay thousands of dollars or even millions for them.
Now, today, more than 20 years after the dot-com bubble, realistically, no domains are available for registering, only the pickers are left and if you want to get a good domain in your collection, you have to buy it at a premium and pray someone is going to buy it, and I don't think people really profit much from that at all, because it's likely that the would-be buyer is another domainer or as the nerds call it, "domain investor" like you, and I guess if the domainer or would-be buyer is smart he wouldnt buy the domain at any higher price than you did yourself because then he would have to resell it even higher if he's trying to make a profit just like you did. Then the price continues to become so high that there isn't much room left to profit off the domain within the domaining industry, then again there are chances it gets purchased by a business or individual interested in it, and then that domain goes out of public circulation and gets used as a website, with only the trash pickers left within the domaining industry.
Nobody wants domains ending in, for example: .xyz and other ugly similarities, even if you get a good domain with such ugly endings it's still realistically worthless, be real. The only TLDs in which "good" domains are worth anything are .COM, .NET and .AI, etc and that only being said if your website has traffic, it's true if you are a logical person and not a trash hoarder. The only domains which have value are high traffic domains, and if you have an ugly TLD domain, for example .xyz with high traffic, good for you, your domain has physical people entering it, then I can make an exception and consider it "valuable".
And finally, domains are not property which means you do not own them, you only have the right to use them and that is only so if you pay the yearly fee. Domains aren't property, therefore they have no book value, no officially recognized value because as I said, it's not property. It's only speculation and it's up to the so called "domain investors" what the market value for it is.
Different can be said about high traffic domains, as I said above, they have physical backing behind them in the form of customers (humans), which are important for generating revenue for a website. The only way you can make a domain "valuable" nowadays is by developing it into a website with traffic.
Alright, that is enough. Now I will be stormed with shit, feel free to thumbs down this post and mass-report me, moderate me or or whatever. I don't care! Just stay mad. Stay edgy!
And feel free to correct any mistake I made in this post, I might take it as advice, it depends.
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