discuss Stocks Down, Coins Down...Domains!!

[Silentptnr]

Today, here in the US we have seen the djia (stock market) drop as much as 1500 points! In the crypto market, we see Bitcoin today at just above 7k!

We are also seeing reports of increased domain auction and sales activity!

I think long term, domains will provide shelter that other investment vehicles just don't provide.

Call me crazy, but careful acquisition of quality domains seems much less risky!

 

[Haykay2005]

Reason why I prefer domaining. It gives me rest of mind.

 

[MapleDots]

And who thinks domains are a long term investment?

Personally I don't think so. I think in the end domains are not going to be necessary at all. I think in the end we will just say the business name and google maps will take us there. We will just type the name and the google SMART bar will take you there. We will just tell out car were we want to go and it will take us there.

I think domains are limited in their usefulness and eventually technology will render them unnecessary.

Do I like the idea of that? NO
Do I realize it's eventually coming? YES

When is the last time we used a phone book, a few years ago we would have thought Yellow Pages would live forever. It is already starting, google search can check your internet speed, convert your dollars, do your calculations, and hundreds more features.... all without ever leaving the google search screen. The day will come when your google listing will be more important than your website because it will be your google listing that gets ranked and not your website.

It saddens me to think about all of this but all this is coming

Look what happens when I type apple into the address bar....

Eventually the info on the right will become more important than the info on the left.

It's happening already, we can deny it, but it is happening

 

[BaileyUK]

And who thinks domains are a long term investment?

Personally I don't think so. I think in the end domains are not going to be necessary at all. I think in the end we will just say the business name and google maps will take us there. We will just type the name and the google SMART bar will take you there. We will just tell out car were we want to go and it will take us there.

Been hearing this same stuff for years (about 20+ years anyway) It was going to be AltaVista and CompuServe that was going to take over and rule the internet world in the 90's and even then Voice and Gesture were recognised as the supreme future inputs.
By your model Google will be delivering you to their first choice on page one every time. That should bring back Yellow pages pretty darn fast

 

[JB Lions]

And who thinks domains are a long term investment?

Personally I don't think so. I think in the end domains are not going to be necessary at all. I think in the end we will just say the business name and google maps will take us there. We will just type the name and the google SMART bar will take you there. We will just tell out car were we want to go and it will take us there.

I think domains are limited in their usefulness and eventually technology will render them unnecessary.

Do I like the idea of that? NO
Do I realize it's eventually coming? YES

When is the last time we used a phone book, a few years ago we would have thought Yellow Pages would live forever. It is already starting, google search can check your internet speed, convert your dollars, do your calculations, and hundreds more features.... all without ever leaving the google search screen. The day will come when your google listing will be more important than your website because it will be your google listing that gets ranked and not your website.

It saddens me to think about all of this but all this is coming

Look what happens when I type apple into the address bar....

Show attachment 79944

Eventually the info on the right will become more important than the info on the left.

It's happening already, we can deny it, but it is happening

Yeah, I've heard this for years as well, haven't seen one person come up with a good reason why domains won't be necessary.

You used an example with Apple, but I just see Apple computers. Not the fruit or some other thing.

Google Search - I'm Feeling Lucky, never used it.

Everything needs direction. While we can just program phone numbers in once and forget it, we still use them. Where do you live? That brick house over there, next to the tree? No, you use an address. You have a website, what is it? It's going to be something.something.

"say the business name and google maps will take us there. We will just type the name and the google SMART bar will take you there.'

Take me where? To a site, which has an address/domain.

Is the internet going somewhere? Are websites going to vanish? No, so there will be domains.

 

[StudNames]

Crypto won't die. That's 100% - it's going to go down and up, down and up until it's regulated. Do you think the bankers here in the USA will ever let money be made without their hands in it? Not a chance. I went heavy on cryptotaxkeyword names ONLY because crypto is here to stay and you know damn well the IRS will have their hands out waiting .

 

[Recons.Com]

Today, here in the US we have seen the djia (stock market) drop as much as 1500 points! In the crypto market, we see Bitcoin today at just above 7k!

We are also seeing reports of increased domain auction and sales activity!

I think long term, domains will provide shelter that other investment vehicles just don't provide.

Call me crazy, but careful acquisition of quality domains seems much less risky!

Can you imagine someone getting on the btc bandwagon few weeks ago at the peak of 19K with large amount and now having lost 60% of the value of the investment?

The truth is there is no underlying asset for all these and hence they go back to the original value: worthless.

 

[JanO]

IMO domainers who have portfolios full of specific coin-names (eth, xrp, btc etc) are taking relatively huge risks, where as domainers who have more general crypto, blockchain domains are save. I would advise everyone to watch The Bitcoin Psyop by Corbett Report on YT. 28 minutes long, very insightful.

 

[brad05]

I think domains will have the same "fate" as emails.

People "predicted" the death of emails many times, first email vs. RSS, then email vs. web 2.0, now email vs. Facebook. Email is stronger than ever and performing pretty well.

I think same will be with domains. Businesses COMPETE, and having a site is a way to stand out from the crowd. Plus, you don't control the DISPLAY on your info on Facebook, Google etc. Also Google Places has a big fat "Website" icon when you search for local businesses (for eg: new york lawyers) Imagine all top sites have it, you'll prob want it too.

Most importantly, the reason domains will survive is their de-centralized nature. Facebook/Google can shut down your page at a whim...all your hard work gone, boom. With domains, it's far form easy to do that. Someone has to submit an appeal, and the appeal to get approved, etc....

De-centralization is the reason why email is surviving for so long imo. Publishers who decided to go and get FB fans vs. email subscribers are now regretting their decision because with each FB update less and less of their fans see their content and they'll have to pay FB to reach the fans they already have, it's ridiculous.

So what makes you think that tomorrow Google won't release some premium "business" feature for which you'll have to pay +$xx a month to get, for eg, live chat when people visit your page? With a website you can get this for free (many live chat components are now free). If I was a business, I wouldn't put my FB page on my business card, because the new FB layout is ridiculous and I don't control what they see first. With a website, I have TOTAL control.

Especially for offline businesses, who need a way to present their business and want to control and have a consistent presentation (without worrying what FB will do tomorrow to change/remove something), a domain name is the best way to do this.

Domains are here to stay because as a business you have so much CONTROL over it (the same like with email), vs. relying on something from a third party. You control what people will see, which people will be able to access it (what if Google for some reason decides to block or make it 100x harder for people from region x to access your page?), HOW they can get in touch with you (I can't really embed "Call me on Viber" button on a FB page, can't I?) etc.

 

[Silentptnr]

I'm not going to say I told you so for crypto .. because it's likely to go up down up down up down up down before I finish this post .. but I just saw too much negative movement after governments start to take the currencies more seriously as well as a couple of other issues.

That being said .. I do think blockchain technology is here to stay .. and I don't think crypto is going to zero either.

For all we know this recent boost in domain auctions could be the result of someone pulling a whole whack-ton of money out of crypto? lol

Or a whole bunch of people.

 

[korganian]

And who thinks domains are a long term investment?

Personally I don't think so. I think in the end domains are not going to be necessary at all. I think in the end we will just say the business name and google maps will take us there. We will just type the name and the google SMART bar will take you there. We will just tell out car were we want to go and it will take us there.

I think domains are limited in their usefulness and eventually technology will render them unnecessary.

Do I like the idea of that? NO
Do I realize it's eventually coming? YES

When is the last time we used a phone book, a few years ago we would have thought Yellow Pages would live forever. It is already starting, google search can check your internet speed, convert your dollars, do your calculations, and hundreds more features.... all without ever leaving the google search screen. The day will come when your google listing will be more important than your website because it will be your google listing that gets ranked and not your website.

It saddens me to think about all of this but all this is coming

Look what happens when I type apple into the address bar....

Show attachment 79944

Eventually the info on the right will become more important than the info on the left.

It's happening already, we can deny it, but it is happening

As far as I'm concerned, a government forced breakup of the Google monopoly is way past due. No one company should ever have been allowed to control world commerce like this in the first place.

 

[Ategy]

Stock Market is quite simply over-valuated. Price to earnings are too high. Was only a matter of time.

I seriously don't understand why trump cut corp taxes when he was handed the strongest economy in recent history and had record low unemployment ... all it's doing is needlessly overinflating a bubble while going even deeper into debt!

It's almost as if he's creating a poison pill so that people don't have a choice but to reelect him .. because whoever changes things to more reasonable policies is going to have a bubble burst in their face!

 

[Constantin S]

I'm not going to say I told you so for crypto .. because it's likely to go up down up down up down up down before I finish this post .. but I just saw too much negative movement after governments start to take the currencies more seriously as well as a couple of other issues.

That being said .. I do think blockchain technology is here to stay .. and I don't think crypto is going to zero either.

For all we know this recent boost in domain auctions could be the result of someone pulling a whole whack-ton of money out of crypto? lol

Same here, I told multiple times to people to stop investing in cryptocurrencies because the risk was too high and the profit margins we're slimmer and slimmer, especially in bitcoins (I can even provide proof). My only regret is that I didn't have money at the beginning of 2017 when I wanted to buy crypto related domains...but I like to see the positive things that are happening as there are tons of ways to make money anyway.
Totally agree with what you said, blockchain is here to stay but unregulated cryptos will never be the future.

 

[BaileyUK]

And I would imagine a lot of those getting in late in crypto currency are just too darn scared to relinquish their positions at the moment.
I note the one or two '$30k by February to $100k by the end of the year' predictors are probably quiet due to the Oxygen-masks being in place.

 

[Ategy]

@Constantin S .. I got a few .. obviously very VERY happy with PlatimunWallet (// dot // com) .. but also one of my favourite domains overall is CryptoDisco // dot // com .. every time I think about it I can't help but smile .. not only is it fun and funny .. but at the end of the day it could indeed make a decent brand. A couple others like CryptoDictionary, EthVC, Ethrm, CoinChronicles, ChargeBTC, VendorWallet, WalletCorp. Might have one or two more .. but that's pretty much it though .. not too many .. good ones for the most part that I'm very happy with .. so I hope the crypto market doesn't melt away completely! lol

 

[BaileyUK]

I'm just for foreseeing the day when my grandchildren ask me.

Granddad was you involved in all that Crypto-Ponzi stuff ?

 

[xynames]

Been buying dips on stocks like AMZN lately, working well but gotta be quick on your feet.

Holding other shares of AMZN for a long time now, akin to having held BTC for over six years now....

I am sure the DOW will come back same as BTC will.

 

[Daniel Owens]

Be careful and mark my words BTC will be worth less than $1K per coin by the end of December. Domains will always rise in value. So, there is no risk with domains.

 

[brad05]

Here is how I see it,for ONE instance -
Not that many Years ago (in the UK and probabally elsewhere),Taxi firms would buy memorable phone numbers(as well as other businesses).In my opinion,at that time it made sense,the very first mobile phones had no way of storing phone numbers and having a memorable phone number made great business sense. 20 Years or so down the line,we can store phone numbers no problem on our phones and just search by name,or just search the company name on google!

I think domain names will go the same way,although hopefully not until I've sold my domain names!!

I know some on here will disagree,but I think it is a harsh reality,I think domain names in 10 years time will be as relevant as CB handles were!

Phones are means to CONTACT someone (after you know some stuff about them)

Domains are means to FIND MORE INFORMATION about someone (for which you know very little about).

Also, it's a matter of identity. A number is just one ASPECT of a company...its way to get in touch.

A domain name is in the company's IDENTITY, part of its name etc.

So I think comparing domains with phone numbers and using that analogy is not a good idea.

 

[Ategy]

I'm not going to say I told you so for crypto .. because it's likely to go up down up down up down up down before I finish this post .. but I just saw too much potential negative movement after governments start to take the currencies more seriously as well as a couple of other issues.
(Particularly as bitcoin crossed the $10k mental threshold which is the limit before a lot of security checks come into play for anti-terrorism funding verification, etc)

That being said .. I do think blockchain technology is here to stay .. and I don't think crypto is going to zero either.

For all we know this recent boost in domain auctions could be the result of someone pulling a whole whack-ton of money out of crypto? lol

 

[Silentptnr]

Can you imagine someone getting on the btc bandwagon few weeks ago at the peak of 19K with large amount and now having lost 60% of the value of the investment?

The truth is there is no underlying asset for all these and hence they go back to the original value: worthless.

I know a few that did. Of course they haven't sold and are just hodling. Cant call it holding cause there's nothing there but air!

 

[adrey]

We’re all jumping from market to market. This is what we’re doing. When there are good investment opportunities the money is going there. The big boom in the stock market with the crypto market cause the domain market to get lower. Now I thing that new money can come back to the domain market, but only time will tell.

 

[Hootsifer]

Spot on. A 3l .com in someone's account is more stable than any coin.

 

[MapleDots]

Been hearing this same stuff for years (about 20+ years anyway) It was going to be AltaVista and CompuServe that was going to take over and rule the internet world in the 90's and even then Voice and Gesture were recognised as the supreme future inputs.
By your model Google will be delivering you to their first choice on page one every time. That should bring back Yellow pages pretty darn fast

Google, Bing...... who else sorry can't think of one

Those two listing companies or a derivative thereof will command search and search is no longer search. Search is now everything.... just type speedtest into google

Now note that you can run it right from search

In the future that will be your business name.... first result regardless of what your internet address is.
There will be sooooooooooo many different extensions that the consumer wont worry about them anymore, they will instead just type the name of what they want to see.

I don't like it either but I fear it is coming.

 

[ksusha64]

Today, here in the US we have seen the djia (stock market) drop as much as 1500 points! In the crypto market, we see Bitcoin today at just above 7k!

We are also seeing reports of increased domain auction and sales activity!

I think long term, domains will provide shelter that other investment vehicles just don't provide.

Call me crazy, but careful acquisition of quality domains seems much less risky!

BTC was $6.500 not above 7K thats a little correction. The rest I agree with. It was great way to make money today in crypto buy at 6.5 and sell at 7.3 40 mins later!