Snoop,
You keep generalizing all .tv premium names together. There is a very profitable niche when it comes to .TV in the video related and geo markets. Names that are conducive to what TV means worldwide. Many people bought bad premiums and in those cases I agree they will drop, but many did not. Many end users are building businesses on these names which will in turn create more .TV awareness. I know you are aware of the huge media companies worldwide that are adopting and using .TV for online content.
To end users 1,2 or even 5K per year is chump change for the distinct and credible generic branding that they can get with prime .TV domains. That is the point. Only in limited cases is it wise to buy and hold premiums as a pure "domainer". It can be done, but you need to be very careful and only pick a few select type of names.
To clarify. I have made several sales of premiums in the last 2 years as well as turned down several offers for premium city names that would have made me a mid xxxx profit. I've also made several sales of non premiums as well in the low to mid xxxx range. None of my sales were reported becasue the buyers were being very aggressive in this particular niche of the .TV market. So to generalize about the .tv space the way you do is inaccurate.
I can say this as far as making money flipping premiums:
I sold one 3K premium in the geo space for 5.7K 5 months after buying it. Equity can confirm this sale and knows what I'm talking about (he was not involved but knows about it).
I sold 2 1K premiums (both 2 letter .tv's) I had a total of 2k invested in them and sold them in two separate deals for 9K total last year (one for 5k one for 4K)
I turned down a mid xxxx offer for PalmSprings.tv a name a $500 premium picked up last May and a low xxxx offer for SantaMonica.tv *also a 500 premium)
Plus numerous other non premium sales that went unreported.
My point is this, and this has been said before:
For key generic .tv domains in the right space, you can make money, even with premiums.
For key generic domains with the right platform and business you can make money and many many companies are flooding into this space.
.TV at the premium level is primarily a developers extension. The remaining premiums I own with the exception of 2, are all being used for development and were bought for that purpose (they are all city names, one is over 1K per year, some at $500 a year and a few at $300 per year) Plus many that are non premium and reg fee.
The key is .TV has a much narrower focus then .com but it can be very effective and is continuing to grow and gain recognition by the consumer base. I have gotten great feedback from major businesses in some of the cites I'm developing through MCB.TV
Snoop, you bring valid points to the table but IMO you fail to ever want to give .TV its due in the places it makes sense. It is the TLD of choice next to .com when it comes to online media. That is a fact. Major companies will be putting millions behind its branding.
Does that mean all .TV names will be worth a lot of money? Certainly not, but it does mean if you use the TLD wisely and develop accordingly you will get amazing branding and credibility and that will only increase as more and more big companies brand .TV.
Snoop you are stuck in one mentality and that is okay, but the secret to unlocking .TV's riches is buying the right names and developing them, or buying the names that make sense for investment and holding and flipping them. .TV presents a huge opportunity for people and many outside the domaining community are realizing this. Some true "Domainers" who are smart will cash in on this in the coming years, but many others will be hurt by buying a lot of crap and holding big premiums with no development plans, but to lump all of them in with the ones who are successful is a mistake IMO. I feel unlike you Snoop I am presenting a balanced picture of the situation. It is not black or white as you seem to make it but there are many shades of gray in this space.