video New Top Level Domains Are Fools Gold (Eli the Computer Guy)

[Addison]

Discussion on the ramifications of ICANN's new Top Level Domain Names and why it most likely doesn't really matter that they exist.

The new TLD topic in the video is 35 minutes (0:00:00 to 0:34:45).

 

[Mario86]

There are some strong new Gtld extensions. Internet business is growing and not everybody can find or effort a good .com that represents their business. You only have to take a look at how many "nosense.com"s are out there lately. 1,2,3,4 good .com keywords aren´t availible any more.
On the other hand, in my opinion, some new gTLDs look better and have more sense than the same name in .com. For example: Wakeboard.shop -- Wakeboardshop.com; Pharma.Group -- Pharmagroup.com
I think its a matter of time... ".com" will keep beeing the king but Google will end up giving some of the gTLD extensions similar privileges on SEO as the rest of TLDs.
I also own .com but i also invested in what in my opinion are strong gTLDs. And i must say i already got good profit out of .shop and .global.
Sorry for my English.
Kind regards

 

[GoKaizen]

Eli tells the truth.

 

[Kuffy]

I wonder why he ignores .net.

 

[guillon]

Gentlemen: check new domain names registration volumes: they increase

 

[Royal.Domains]

this vid is 3 years old

 

[000]

Well shit if Eli the Computer Guy says it's so, then so it must be!

The guy does wave his hands a lot and has bookshelves full of Complete Idiot's Guides, though, so it is kinda hard to argue with anything he says. . .

Btw if you read one of the early comments, even Eli acknowledges that "maybe in another 2-5 years" they'll take off - and that was almost a year ago.

 

[guillon]

Well...new domain name registration volumes don't lie: http://www.jovenet.consulting/reports

 

[dordomai]

Well...new domain name registration volumes don't lie: http://www.jovenet.consulting/reports

of course they lie. most regs come from extensions like .top, .xyz, .win that give away domains below $1.

They are not registered by end-users. They will never get used and never sold. Sooner or later they won't renew either.

 

[guillon]

I see 3 examples here but there are hundreds of new domain name extensions. For example, the .LUXURY new gTLD has 987 domain name registrations (which is pretty low) but the price at the Registry is something like $400 (if I remember well think).

 

[dordomai]

I see 3 examples here but there are hundreds of new domain name extensions. For example, the .LUXURY new gTLD has 987 domain name registrations (which is pretty low) but the price at the Registry is something like $400 (if I remember well think).

yes but the major part of regs is either of this type or protective which means they will never get used. They just use up space in the zone file.

The registries will make money but for domainers it doesn't matter.

 

[guillon]

So we agree that a domainer is talking here, right? All other end-users - the largest majority of registrants worldwide actually - are not domainers. I understand the point of the domaining industry here but domaining is not why new gTLDs were created. These new domains were not created for the after market but for real end-users. For me, a parked domain name is used because it is registered.

 

[impulse]

"a parked domain name is used because it is registered." - We have no idea how the usage stats for gTLDs compare with .com domains, in terms of what happens after they are registered. What matters is how many of those domains actually get turned into real sites (not parked ones). It is too early to know that yet for gTLDs (I don't even know those exact stats for .com domains, but I am sure somebody does). It could be that 95% of gTLD end users never develop sites on their domains. All of this can be somewhat approximated in the renewal rates for the gTLD domains, but it is too early to really know those stats either. It may turn out that the gTLDs get used just as much as .coms, but I don't think looking at how many are parked is a good measure of how successful they are.

I am not against gTLDs, even though I like .com better. I bought my first gTLD last week and used the registrar's automated site builder to set up a real site on it the same day. But I think it is too early to call them a success or a failure. Changes like this take time.

 

[Uniregistry]

That is indeed an ancient video, but in some way the headline it evokes is good for new extensions and assures their long-term success. I see new domainers "learning" (making the same mistakes older domainers like me did in the com era). They are passing over good unregistered names and creating lousy names. I'm not going to call out individual names and shame people, but if you look at the expiry stream of new Gtld's there is indeed a bunch of fools gold in there, just like there is in the expiry stream of .com. The difference however is that nearly everything good, short and generic is registered in .com and it isn't in new extensions. Think about all the 3 letters the 4 letters alone. So many good names sitting there at registration price (or moderate higher reg price and low price renewal) in new G's, which just isn't so in .com. A few of the "new domainer" class (new GTLD specialists) are bobbing and weaving between the raindrops mining for the good ones and selling them and making a living in the new G space, just like the older generation of domainers did in the pre-PPC era (pre 1999) - and those folks aren't shouting about their successes from the rooftops. It's interesting to watch. So the reason this video is good is because lots of weak hands will let go of good and bad names in new extensions, registries will lower prices on premium strings because they need to keep revenues up and then as new domainers get smarter and see they opportunities they will capitalize on inefficiencies as the market rises. Long term, many more names (good and bad) will become registered. Domainers today have the luxury of referring to the map established during the .com era. Copy those former successes, register the names which sold in the past; and don't make the same mistakes.

 

[guillon]

Prices are being lowered already on .CLUB domains: http://landrush.club/

 

[GoKaizen]

Over 17 million, 68%, parked.

https://ntldstats.com/parking/registrar

https://ntldstats.com/fraud

Transcription of part of the video.

http://adamyamada.com/new-domains-scam-eli-the-computer-guy/

"I own no .mobi names. If it were possible to own a negative number of domain names to further distance yourself from the name space, I would probably own “negative thousands”

-Frank Schilling

http://www.domainbits.com/mobi/

.link and .click

https://www.spamhaus.org/statistics/tlds/

.pics drops by Uniregistry, over 50%.

NC hates .XYZ.

https://www.namepros.com/threads/namecheap-drops-support-for-xyz-registrations-and-transfers.977102/

 

[Addison]

Transcription of the video if you prefer to read instead of watch/listen.

Eli Etherton, Eli the Computer Guy, used to run his own IT and computer services company called EveryManIT but shut it down in 2009, and he says:

I go to buy StarvingGeek.com and I can’t buy it. Some other Schmuck has taken StarvingGeek.com and I’m thinking about and I’m like, “Hmm, what am I gonna do, what am I gonna do? I love that name! I love the name StarvingGeek.com”

Then I see, they just opened up all these new top level domains. They had .INFO and .TV and lots of other dotty things. So I went, “You know… the dot COM boom, those .COM names were gold, so what I’m gonna do is buy a .INFO name. I’m gonna be StarvingGeek.INFO. And that is what I’m gonna build my little StarvingGeek empire on back then.

You know the way I thought about it is it was ’99 or so [2001]. So it was like, “Nobody knows about .INFO now, but come on, in 5 years, man, in 5 years EVERYBODY is going to be using .INFO, everybody is gonna know what that is." So I bought the .INFO.

I had StarvingGeek.INFO and let me tell you: a year later nobody understood .INFO, two years later nobody understood .INFO, and five years later nobody understood .INFO.

I was using StarvingGeek.INFO as my blog. That they would go to StarvingGeek.COM . . . they kept going to StarvingGeek.COM and they never went to StarvingGeek.INFO. And finally I let the thing lapse on StarvingGeek.INFO.

Read more . . .

 

[dordomai]

And I see some clients and they buy .BIZs and .NETs and all that horse crap and I see that it works very very very poorly. So we basically come up with a policy the ONLY domain names we will buy for our clients is .COM! And they go, “Nooo, but I want a .BIZ” and I go, “I don’t really care if you want a .BIZ you can go find some other jackass to create your website. Cause I know .BIZ ain’t gonna work for you. Cause you all kinds of pain and problems and all that.”

What I’m going to tell most of you guys is I think it is a hunkabunk to be honest with you. This is another thing where they are just trying to push you into group think and it just doesn’t really work in the real world. Cause whether you are a baby boomer, whether you are a Gen Xer, whether you are millennial, or whether are are an Alien. Eveybody just kinda uses .COM.

Over the years, I haven’t had that many problems buying good, nice, cool domain names. It seems with me if you just sit down and take an hour to start throwing out names. You can find a really really really good one that is .COM and kind of go on your way.

http://adamyamada.com/new-domains-scam-eli-the-computer-guy/

"Again, found that actually people didn’t use them or confused them and they were losing visitors"

"And we weren’t a .COM, so were losing traffic. So we went with .COM.”

"they are just trying to push you into group think"

"you are scared you are going to lose out if you don’t’ buy it."

"Eveybody just kinda uses .COM"

"Over the years, I haven’t had that many problems buying good, nice, cool domain names."

 

[GoKaizen]

https://ntldstats.com/parking/tld

70% new domains parked

 

[dordomai]

https://ntldstats.com/parking/tld

70% new domains parked

23/3=7.66 million not parked (not by speculators?)

.info has ~6 million domains. Without Chinese bubble regs and speculators not so much bigger than .info.

Maybe this will change over the years but so far the program is not very successful.

 

[GoKaizen]

23/3=7.66 million not parked (not by speculators)

Those used by spammers.

.info has ~6 million domains. Without Chinese bubble regs and speculators not so much bigger than .info.

Maybe this will change over the years but so far the program is not very successful.

.info has 5.4 million regs and is losing registrations. Agreed, New Gs not successful.

 

[guillon]

I just bought all my kids' first names in ".football" - ".today" and ".cool". They might used them in a few years.

 

[GoKaizen]

http://adamyamada.com/new-domains-scam-eli-the-computer-guy/

"they are just trying to push you into group think"

"you are scared you are going to lose out if you don’t’ buy it."

Very true.

 

[UncleBrand]

where is his church located, i want to hear speak more

common Eli, 2h30min to give an opinion,
i would be interested to know how much people watched until the end

after 3 minutes, he seem to try to make a rational decision on one of the most impulsive and irrational market

domaining in a lot of ways does not make any sense,
people buy domains for 6 figure and they have a parking page on it for years,
go figure Eli why they did that

 

[GoKaizen]

where is his church located, i want to hear speak more

http://elithecomputerguy.com