.tv State of the Union - DOT TV

[localexperts]

Normally Raymond would make these comments, but Ray is no longer the moderator. Ray and I speak often - we are meeting on thursday. So I feel that we both share the same sentiments.

If you are developing your DOT TVs - then who cares about the DOT TV forum, Verisign, me, or anyone else

If you are domainer, then you have chosen a higly speculative investment. In the long run, it will probably pay off - provided you have chosen wisely. If you have confidence in your reg, then you can ignore all the intangibles.

However, if you don't have confidence in your reg or if you regged to flip your domain within a few months - then I suggest you head for the exit doors - if you haven't proceeded there. Dropping a domain isn't the end of the world.

I spoke to Igal in 2007. Igal owns one of the best DOT TV portfolios in the world. He told me, he regged a bunch of bad dot tvs - he was going to let his bad ones go - but for the really good ones - he was going to stick to his six and seven figure asking price and if he had to wait 2, 3, 4, 5 or even 10 years - that is what he is prepared to do.

I would suggest that advice can apply to a wide audience.

Either believe in yourself or you don't

But don't blame DOT TV because you wanted to make fast money and don't know what you are doing.

Sermon over.
George Pickering

 

[localexperts]

Look at the appraisal thread. Most people, even with crappy DOT COMs not tied to high search terms, have over inflated views of their domains. Look at the debate I got into the owner of Egaining.com - real winner there. Also the guy who wanted to charge $2.99 to ask questions about recession issues - really winner there - charge people $2.99 who are having trouble paying their bills.

Having over-inflated views of your domains or business models is extension agnostic.

 

[snoop]

Look at the appraisal thread. Most people, even with crappy DOT COMs not tied to high search terms, have over inflated views of their domains. Look at the debate I got into the owner of Egaining.com - real winner there. Also the guy who wanted to charge $2.99 to ask questions about recession issues - really winner there - charge people $2.99 who are having trouble paying their bills.

Having over-inflated views of your domains or business models is extension agnostic.

Yes it is widespread. The thing about .tv though is there is very little potential even if you do make it to the top. The best .tv speculators seem to be barely making a living from everything I have seen. Best case example are people talking about making 100k over many years etc.

 

[localexperts]

Well I'm developing on DOT TV. And if anyone missed my point in this thread - I'm the only one who counts with me - as you should be the only one who counts with you.

If you don't have the balls to play with the big boys, I suggest not developing your domains.

If you don't have patience - don't invest in DOT TV.

But if you have the business sense and/or have the patience, then DOT TV is a nice brand as evidenced by the many media companies that have used it as an alt extension to DOT COM. More media companies have developed on DOT TV than on DOT NET or DOT ORG - and while that is still not a very large number - for me, I would rather develop a perfect DOT TV than a less than perfect DOT COM.

 

[gr8trfoo]

Exactly. Why would someone want to wait 10-20 years for a POSSIBLE profit. It's not even likely.

want a sure thing? 30 year t-bonds only pay about 2-3% these days, if that much. and just cause the us has consistently piad off its debt since forever doesnt mean it will continue to do so. everyone likes to think so but i doubt the us will exist in another hundred years. the singularity could wipe out almost every reason govts exist.

seriously greg, just how much do you feel you lost speculating in .tv? a few hundred? a few thousand? i've drop half a mil. you dont see me bitchin' about it. wont change anything even if i did.

perspective, my friend. perspective.

i wish you well.

---------- Post added at 05:26 PM ---------- Previous post was at 05:15 PM ----------

I've been busy trying to make money and cure my new Facebook addiction. :blink: MicroGuy™ on Facebook

is there any market in fb handles yet?

---------- Post added at 05:33 PM ---------- Previous post was at 05:26 PM ----------

I would rather develop a perfect DOT TV than a less than perfect DOT COM.

Ditto that George! In fact for somethings I'm happier to have the .tv and if I had (or in some case do have) the .com I'd use it only to redirect.

 

[snoop]

Well I'm developing on DOT TV. And if anyone missed my point in this thread - I'm the only one who counts with me - as you should be the only one who counts with you.

If you don't have the balls to play with the big boys, I suggest not developing your domains.

If you don't have patience - don't invest in DOT TV.

But if you have the business sense and/or have the patience, then DOT TV is a nice brand as evidenced by the many media companies that have used it as an alt extension to DOT COM. More media companies have developed on DOT TV than on DOT NET or DOT ORG - and while that is still not a very large number - for me, I would rather develop a perfect DOT TV than a less than perfect DOT COM.

The thing is most people own dozens or hundreds of .tv's. Development isn't going to turn all those bad .tv investments into good ones. If you look at all the areas that have done particularly badly, .mobi, .tv, LLLL.com many people are talking about development as though it is the second coming. You really have to question the people who are developing just because domaining didn't work out. I think most would just be better off fessing up to the losses.

For a couple of names development is the high risk strategy that could work if you have a passion for that area and really enjoy web design, marketing etc. I think the success rate will be a lot lower than in domaining though.

 

[gr8trfoo]

If you look at all the areas that have done particularly badly... LLLL.com

LLLL.com has done particularly badly? News to me.

I started buying LLLLs in 2000 and for a few years end-user sales of those were my #1 source of income. I skipped all the "pronouncable" and cvcv, cvvc, etc bs and bought mostly based on a common cryptographic technic.

I think I said this before but you give great advice for the short-term snoop. The very short term. You even said "life's too short to wait 10-20 years for a profit". That's not how some of us operate. 20 years? :lol: Some of the greatest profits will take even longer than that to realize.

 

[snoop]

LLLL.com has done particularly badly? News to me.

I started buying LLLLs in 2000 and for a few years end-user sales of those were my #1 source of income. I skipped all the "pronouncable" and cvcv, cvvc, etc bs and bought mostly based on a common cryptographic technic.

The high end names (quad opremium etc) have lost 80%+ of value and the low end stuff is down to $0.

I think I said this before but you give great advice for the short-term snoop. The very short term. You even said "life's too short to wait 10-20 years for a profit". That's not how some of us operate. 20 years? :lol: Some of the greatest profits will take even longer than that to realize.

That is your choice if you want to keep putting money into something that is loses money for 20 years. Let's not pretend it is a good idea.

I seem to have been arguing with you about this extension for an eternity and now that you admit you've lost half a million dollars you continue to argue. I'd say the cases of something losing money for 20 years then having a turn around is in the minority. Most people would gone bust long before then or would have come to their senses.

 

[MicroGuy]

I have found a way to make a comfortable living working from home and feel very fortunate. My Internet business allows me to spend many hours each day with my children.

At my delicate age of 44, I'm looking for investment opportunities that have potential returns within 2 or 3 years. My children need food now, shelter now, transportation to school now, and will need college tuition in just a few short years. A 20-year HIGH-RISK investment strategy with $500,0000 on the line, simply would not work for my situation.

I have been fortunate to have made a very small profit in .TV. I sold several hundred domains last year to an investor in NY. I tell my kids all the time, "you can make millions selling toothpicks". But at some point, you simply get tired of slamming you head against the wall. Do you like swimming upstream?

At least on this forum, we have a balanced view from both sides of the aisle. That's what gives this site VALUE as compared to the site some of the banned members of this .TV forum now run. I saw a new member there just the other day ask for an appraisal on a mediocre $250 premium. An admin or "senior member" over there was telling the guy to hold it for "two or three years" and that he was sitting on a goldmine. Not once did I see any mention of the multiple risks inherent with this extension. Sounds like something Bernie Madoff would do. IMO.

Anyway, I'm rambling now and need to get back to my bourbon. Later folks.

 

[snoop]

I have found a way to make a comfortable living working from home and feel very fortunate. My Internet business allows me to spend many hours each day with my children.

At my delicate age of 44, I'm looking for investment opportunities that have potential returns within 2 or 3 years. My children need food now, shelter now, transportation to school now, and will need college tuition in just a few short years. A 20-year HIGH-RISK investment strategy with $500,0000 on the line, simply would not work for my situation.

I have been fortunate to have made a very small profit in .TV. I sold several hundred domains last year to an investor in NY. I tell my kids all the time, "you can make millions selling toothpicks". But at some point, you simply get tired of slamming you head against the wall. Do you like swimming upstream?

At least on this forum, we have a balanced view from both sides of the aisle. That's what gives this site VALUE as compared to the site some of the banned members of this .TV forum now run. I saw a new member there just the other day ask for an appraisal on a mediocre $250 premium. An admin or "senior member" over there was telling the guy to hold it for "two or three years" and that he was sitting on a goldmine. Not once did I see any mention of the multiple risks inherent with this extension. Sounds like something Bernie Madoff would do. IMO.

Anyway, I'm rambling now and need to get back to my bourbon. Later folks.

Enjoyable post. I think the "paying the bills" situation is what most are in. Even then I'm not sure even Rupert Murdoch would invest $500,000 into something that is expected the mature in over 20 years with constant annual fees from now until then. Most of the people who are talking 2-3 years were saying the exact same thing 2-3 years ago. Nothing really changes for some people, they hope somehow time will cure what most would call a mistake.

Like I have said before if you are going to make money make it today. Total up your sales each year, add in parking revenue and subtract renewals fees. That is the easy way to know if you have something that works or not. If you can't make it today and couldn't make it during the last domain boom then you will never make it by proceeding down that same path. Better to admit that the strategy was bad, admit that you've lost money, and make some major changes.

 

[freedom30]

...At least on this forum, we have a balanced view from both sides of the aisle. That's what gives this site VALUE as compared to the site some of the banned members of this .TV forum now run. I saw a new member there just the other day ask for an appraisal on a mediocre $250 premium. An admin or "senior member" over there was telling the guy to hold it for "two or three years" and that he was sitting on a goldmine. Not once did I see any mention of the multiple risks inherent with this extension. Sounds like something Bernie Madoff would do. IMO.

Anyway, I'm rambling now and need to get back to my bourbon. Later folks.

It seems rather humourous that you feel the need to slam a forum that has as much to offer as the "other". The appraisal you describe could have been made here or anywhere, but you appear to not let objectivity get in the way. It was in fact a person's opinion that you decry, as is usual.

I am fortunate enough to belong to both forums(so far).

I like both forums. I have learned much from Snoop in a recent thread and understand his direction. I have a different one, of course, but make no doubt that I am comprehensive of the opposing view when discussed in a sane and rational manner. That is the beauty of an open mind in an open society.

By the way, I'll bet that you also notice that the other forum mentions this forum by name. That is something that you can't do across the border. It is just a matter of politics.

There are good and bad in all aspects of business and forums are no exception. Start mentioning the name of the "other" and see how long you will experience "balance". Did you ever ask why some members were banned? If not, read this paragraph again.

Kinda reminds me of the old saw that power corrupts, and absolute power corrupts absolutely.

Give yourself a deserved break and DON'T go back to the Bourbon. Save it for another day.

 

[snoop]

By the way, I'll bet that you also notice that the other forum mentions this forum by name. That is something that you can't do across the border. It is just a matter of politics.

How many of the people on that forum would you guess have not heard of namepros? They are all from here so probabily little point in blocking the term namepros.

 

[MicroGuy]

Like I have said before if you are going to make money make it today. Total up your sales each year, add in parking revenue and subtract renewals fees. That is the easy way to know if you have something that works or not. If you can't make it today and couldn't make it during the last domain boom then you will never make it by proceeding down that same path. Better to admit that the strategy was bad, admit that you've lost money, and make some major changes.

Great advice. I think making money now is wise indeed! :sold:

---------- Post added 08-05-2009 at 12:02 AM ---------- Previous post was 08-04-2009 at 11:59 PM ----------

It seems rather humourous that you feel the need to slam a forum that has as much to offer as the "other". The appraisal you describe could have been made here or anywhere, but you appear to not let objectivity get in the way. It was in fact a person's opinion that you decry, as is usual.

Correction: It was everyone's opinion in that thread. Are you sure you guys weren't all cheerleaders in a previous life?

 

[freedom30]

Great advice. I think making money now is wise indeed! :sold:

---------- Post added 08-05-2009 at 12:02 AM ---------- Previous post was 08-04-2009 at 11:59 PM ----------



Correction: It was everyone's opinion in that thread. Are you sure you guys weren't all cheerleaders in a previous life?

What do you mean previous? :gn:

I did advise you to cut the bourbon loose for the rest of the night, didn't I?