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).

 

[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.

 

[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

 

[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]

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.

 

[Ategy]

... but domaining is not why new gTLDs were created. These new domains were not created for the after market but for real end-users.

New gTLDs are for end-users. They're not for domain investors yet. Patience!

I don't really agree with you guys on this .. most new gTLD's weren't really created for anybody specifically (some have end target niches .. but I'm talking end-user vs domainers) ... but many have been priced for end users. While others like .xyz with their deep promo discounts are pretty much made for domainers.

This video was made a couple of years ago by someone who focused a good part of his argument on trademark issues (something that good domainers avoid). Despite the fact he makes SOME good points on the negative side for nTLD's .. his argument really isn't relevant today (or even then one could say) as he completely ignores the positives for them ... namely availability and relative price to identical .com .. which are not only HUGE factors .. but pretty much the only reason gTLD's will/could ever be viable ...

I know most people like to jam all non earlier days TLD's into pretty much the same categories .. but Every TLD really should be looked at separately .. some will almost certainly survive to the key day where overall awareness hits critical mass and general use acceptance by the general masses .. some will die off before then (or most likely get sold).

One would be wise to analyse and separate the ones with more promise (.co .club .blog ...) from ones more likely to flop (.xyz .link .gdn ... ) .. and obviously make sure you get fantastic terms/words that are also in context with the TLD. I really surprises me how polarised black or white the gTLD debate is when they reality of it is some shade of grey ... lol

 

[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.

 

[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.

 

[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/

 

[dordomai]

Check out Facebook.design,
Airbnb.design
telekom. design
WHD.Global - who owns NamesCon?

More examples on the way

If you check, some companies register their mark in almost any extension because they don't want their TM to be weakened or abused. They are doing this because they need to not because they want to.

Amazon has registered their mark in hundreds of extensions, in many where it doesn't make any sense check amazon.desi or amazon.hiv

A large part of these so-called genuine registrations that are not owned by speculators are actually protective regs that will never be used for anything.

 

[baseballworld]

so hard to even comment on the stupidity these days. dot com is king

 

[Brands.International]

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

100% agree

 

[Ategy]

It is too early to invest, IMO.

Your points are all valid .. but the huge counterpoints are quality of the domain and cost ... if you can get a fantastic domain at a cheap price .. then it could be worth investing your time and money. So while I'd agree that the expensive "premium" domains are mostly too overpriced to invest in .. there are some great ones floating around at great prices .. a combination that takes domain investing from not worthwhile .. to viable .. IMO!


PS ... I think this guy is the founder of the "Three Comma Club" .. lol .. their styles and character match too perfectly!

 

[Kuffy]

I wonder why he ignores .net.

 

[guillon]

Gentlemen: check new domain names registration volumes: they increase

 

[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]

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

 

[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 . . .

 

[guillon]

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

 

[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

 

[168]

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.

Check out Facebook.design,
Airbnb.design
telekom. design
WHD.Global - who owns NamesCon?

More examples on the way

 

[168]

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.

Good input!
I get more offers on the New "G's" than the .com's just turned down 1k on a .direct 1 word 6 character financial. Get hunting then hustle or wait As mentioned above, good ones will drop. There are lots of examples of 10k+ sales 98% of the up graders to N "G's" say they prefer the shorter more descriptive option. It's about what the end user wants right ?
My end user queries so far : .Global, .media, .digital, .direct, .tech,

 

[Jman92]

Yawn! we doing this every week? wow!