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!

 

[rentmynames]

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!

you mean buy 6.5 then sell 5.5 1hr later ?

 

[rentmynames]

be prepare for another sell off.

 

[Smiles76]

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

This is a great point that many domainers often forget. You're not really selling the name you're selling the .com extension. There are countless versions of the same domain in different extensions. Once the shift begins to happen from , it will dramatically affect the domaining industry as most domainers have their money in .com's.

 

[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.

 

[alcy]

the only thing for sure about btc is that nothing is for sure and no one knows..

everyone here or elsewhere is just guessing. some think they know for sure.. those are the funniest ones.

tons people said btc will never again fall under 8k. here we are.
some say 1 million. who knows..

 

[Fuadiansyah]

I split my investment in domains and crypto. They support each other in harmony. I use some of my crypto gain on domains and vice versa. So I think I am OK with this current situation.

By the way, regarding the state of crypto especially in US market. I'll just leave it here.
https://www.banking.senate.gov/public/index.cfm/hearings?ID=D8EC44B1-F141-4778-A042-584E0F3B9D39

The US Securities and Exchange (SEC) will be meeting tomorrow to discuss in detail their plans for cryptocurrencies.

Conclusion of first doc:

Conclusion Through the years, technological innovations have improved our markets, including through increased competition, lower barriers to entry and decreased costs for market participants. Distributed ledger and other emerging technologies have the potential to further influence and improve the capital markets and the financial services industry. Businesses, especially smaller businesses without efficient access to traditional capital markets, can be aided by financial technology in raising capital to establish and finance their operations, thereby allowing them to be more competitive both domestically and globally.

And these technological innovations can provide investors with new opportunities to offer support and capital to novel concepts and ideas. History, both in the United States and abroad, has proven time and again that these opportunities flourish best when pursued in harmony with our federal securities laws. These laws reflect our tripartite mission to protect investors, maintain fair, orderly and efficient markets and facilitate capital formation. Being faithful to each part of our mission not in isolation, but collectively, has served us well.

Said simply, we should embrace the pursuit of technological advancement, as well as new and innovative techniques for capital raising, but not at the expense of the principles undermining our well-founded and proven approach to protecting investors and markets. Thank you for the opportunity to testify before you today and for your support of the Commission and its workforce. I stand ready to work with Congress on these issues and look forward to answering your questions.

Conclusion of second doc:

We are entering a new digital era in world financial markets. As we saw with the development of the Internet, we cannot put the technology genie back in the bottle. Virtual currencies mark a paradigm shift in how we think about payments, traditional financial processes, and engaging in economic activity. Ignoring these developments will not make them go away, nor is it a responsible regulatory response. The evolution of these assets, their volatility, and the interest they attract from a rising global millennial population demand serious examination.

With the proper balance of sound policy, regulatory oversight and private sector innovation, new technologies will allow American markets to evolve in responsible ways and continue to grow our economy and increase prosperity. This hearing is an important part of finding that balance.

 

[dmyre]

you mean buy 6.5 then sell 5.5 1hr later ?

...then buy back in at 4.5 another hour later. I've done that more than once.

 

[DTR Alex]

Indian Stock Market is experience big fall due to long-term capital gain tax.

Nifty 50 is now at 10331 from 11149 few days before.

 

[anantj]

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?

I don't need to imagine. I KNOW someone who is in that situation! Another purchased at ~$15K

 

[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!

 

[DomainVP]

Called this in mid Nov...

I think we see a big economic pullback initiated by either the collapse of bitcoin or war in the Syrian region. Either way it will be short lived and business will continue as usual.

Domains tend to do well after market volatility subsides, so I think 2018 will be a great year for domain investors.

2018 is going to be a hell of a year for domains...

 

[Kuffy]

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.

Lloyds bank in the UK is blocking the purchase of Bitcoin using their credit cards. It seems that the greedy sheep were rushing to buy Bitcoin on credit, and can't afford to pay off the debt now that it is having a major " correction "

With regard to your second comment. There is more underlying asset value in Bitcoin than there is in a fiat bank deposit. The asset is the PoW on the blockchain, and this value is maintained by a large number of public record keepers. The only value to a fiat bank deposit is its public acceptance ( just like Bitcoin ), and a worthless bank guarantee. There isn't enough money to cover the failure of a fiat currency, and anyway, the guarantee is based on payment in the currency that has failed.

 

[alcy]

Lloyds bank in the UK is blocking the purchase of Bitcoin using their credit cards. It seems that the greedy sheep were rushing to buy Bitcoin on credit, and can't afford to pay off the debt now that it is having a major " correction "

With regard to your second comment. There is more underlying asset value in Bitcoin than there is in a fiat bank deposit. The asset is the PoW on the blockchain, and this value is maintained by a large number of public record keepers. The only value to a fiat bank deposit is its public acceptance ( just like Bitcoin ), and a worthless bank guarantee. There isn't enough money to cover the failure of a fiat currency, and anyway, the guarantee is based on payment in the currency that has failed.

there is nothing backing up fiat for sure anymore.. but we all know where it sits and what we can do with it when we take it out of our pocket.. but there is zero underlying value to a virtual currency that came out of nowhere and exists only in virtual world.. relying entirely on computers and a complex network, internet, etc.. there is a big difference between taking a piece of paper out of your pocket and using it, versus having your store of wealth dependant on complex networks and machines... to which anyone can do anything on any day... and then there goes your wealth.

I think people willl be better off to realize this before its too late and pick the lesser of two evils. which is fiat. imo

 

[Kuffy]

there is a big difference between taking a piece of paper out of your pocket and using it, versus having your store of wealth dependant on complex networks and machines... to which anyone can do anything on any day... and then there goes your wealth.

There is a big difference between a promissory note drawn on the Rothschild's owned central bank ( commonly referred to as "cash" ), and a virtul entry in the ledger of a debt ridden clearing bank. It's not possible to do anything on any day to the Bitcoin blockchain, and that is why I run a full node, and I don't use the Bitcoin banking system known as on-line wallets and exchanges.

 

[alcy]

There is a big difference between a promissory note drawn on the Rothschild's owned central bank ( commonly referred to as "cash" ), and a virtul entry in the ledger of a debt ridden clearing bank. It's not possible to do anything on any day to the Bitcoin blockchain, and that is why I run a full node, and I don't use the Bitcoin banking system known as on-line wallets and exchanges.

yes yes we all know about rotschilds etc

your node still needs computer and internet. which means so does your wealth.
its bad idea to store all your wealth on so many things which you have no control over.

and of course btc can become anything on any day. it can be 50k or 1$ any day.

cheers

 

[BaileyUK]

second hand video cards are hitting the markets again!! TOTALLY NOT USED FOR MINING IGNORE SLIGHT CHARRING AND BURNING SMELL.

Further components to be made available when current Crypto 'Washing Cycle' ends.

 

[Cruncher]

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

I hate to say it but I think you are 100percent correct,and it is now only a matter of time (maybe not even a few years).

I have been thinking about it more and more the last few days

I know alot of people who don't own PC's or laptops and only go online with their smartphones.In this case,there are VERY VERY FEW people now that have to remember a domain name,a company name?YES --Domain name? NO.

Remembering a catchy company name is far more important.

I personally can't even remember when I last typed a web address into the browser. I have google as my homepage and just type what I want there,same when I use my smartphone. Google usually throws up the most relevant thing you are looking for,and besides,It is actually quicker than typing web address into the bar!

I can't think of the last time I typed ''casino.com'' into the address bar when I wanted a flutter,or ''Insurance.com'' when I needed motor insurance.

Google is the king of the internet,and that may not be a good thing.

Who knows?Time will tell....

 

[MasterOfMyDomains]

Coins are up
Were gonna be rich Alcy!
I hope everyone is buying, remember FOMO

 

[alcy]

Coins are up
Were gonna be rich Alcy!
I hope everyone is buying, remember FOMO

things look real bad
govs getting too involved
its all over news
i predict total collapse
people think they have control
while having none

 

[MasterOfMyDomains]

I agree, trying to find humour. Still believe this was a bubble or the chinese to suck usa dollars out of america, then exchange it or cheap property. I am at 75% of my investment back. A little higher I will feel some fiat in my fingers.
I hope were wrong and it hits 50k like members heresay, or even a million

 

[rentmynames]

The world is not that simple where you see only a few websites that provide the same service or product line, but thousands. Only a few strong companies that are listed on the the first, second, third page of Google. And therefore people are often looking for traditional mainstreams such as radio, TV media, signs, billboard, or word-of-mouth. With these mainstreams, domain name plays the important part. It has to be easy to memorize, And because it is a brand-name so it has to look beautiful and sounds sounds beautiful, and look beautiful

 

[rentmynames]

Google is the king of the internet,and that may not be a good thing.

Who knows?Time will tell....

I am sorry, but that won't happen in near future. Google is not king, .com is KING

 

[DTR Alex]

There is strong trend/demand of the term organic, natural, home-made, family-made etc...
Other thing, people have choices, they don't want to depend on just one....

So when the term organic/natural etc. come, Google's automated system fails here..... It has to show the search result and people have to fulfill their choices....

When you search in Google, for most of the keyword, you see Google Ads / PPC ads..... but 70% clicks on organic results.........

 

[Cruncher]

I am sorry, but that won't happen in near future. Google is not king, .com is KING

Well I really do beg to differ,these changes are happening right now and have been going on for some time.

Google business/places listings are a huge game-changer for local businesses in competition with each other.

I am not sure where you are from,but .COM is certainly not the King here in the UK

 

[DTR Alex]

I am not sure where you are from,but .COM is certainly not the King here in the UK

You will get the answer, when you will know the ratio of .com and co.uk