The $500 Challenge

[S-B]

I want to take $500 and see what it can be turned into between March 18th, 2016 and January 1st, 2017.

You cannot use domains you already own. You cannot spend more than the $500 investment to start. You can spend your profits made from the original $500. Updates should be made after every sale and every purchase. The domains bought and sold do not have to be disclosed publicly. Honor is a must.

All transactions must be documented thoroughly so an independent part can verify that the winner followed the rules.

Feel free to challenge someone in this thread.

I chose @Zandibot. Do you accept my challenge?



EDIT: DOMAINS ONLY

EDIT 2: 1 $500 pot can be played against multiple people. So if you end up with 10k... that's 10k in each competition.

 

[tha-she]

Nice, it will be really fun to watch, Personally i wont be participating thou .

However there is def a potential loophole here that i wont mention but is still there, that could make someone cheat on this one... lets hope no one does thou ...

 

[GoKaizen]

Gonna do it.

 

[premkumar]

Could you guys post your strategies on each stage of investment & sales, so people like me learn

 

[S-B]

I've spent $499.04 so if anyone has an x,xxx domain for .96 I'm game.

 

[Domainzy]

I've spent $499.04 so if anyone has an x,xxx domain for .96 I'm game.

What did you get?!?

 

[S-B]

What did you get?!?

Message on the way.

 

[Keral_Patel]

The judging team. Should also consider that scamming is not allowed.

Because I have seen many Pump and dump schemes in domains too.

And if it is allowed then god help those who get scammed because someone thought he just wants to win the competition. [Also make profit by selling pumped up domains]

In short what I am trying to suggest is that ethical sales only.

We have seen situations getting out of hand in past in most of the competitions and I do know that those kids just lack brains. Nowadays some adults too

So whoever judges the records of sales and all, should also take ethics into consideration.

Thanks.

 

[richface]

Whoever has to judge this will have a lot of work to do, Why not limit the term to a month or 2?, a lot could happen between now and 2017 , Plus just like a long race most might lose adrenaline, keep it at a 100 metres . Rationale : Keeping it short should keep people engaged anything that runs too long gets boring. My opinion only. Great idea in any event . Good on you for bringing this up.

 

[S-B]

Whoever has to judge this will have a lot of work to do, Why not limit the term to a month or 2?, a lot could happen between now and 2017 , Plus just like a long race most might lose adrenaline, keep it at a 100 metres . Rationale : Keeping it short should keep people engaged anything that runs too long gets boring. My opinion only. Great idea in any event . Good on you for bringing this up.

This is a business for many of us. In other words, this is our life. :P

 

[ComboNames]

lol you're making this a challenge , that's what I do monthly , and it's not even 500$ , just a 100$ covering everything! (crying in spanish)
Nice idea by the way @Shane Bellone !

 

[Josh R]

I challenge myself.
Purchased GeekSpot.com

Let's see.

 

[bRionZ]

I Challenge @Eric Lyon

Hehe just kidding sir... Ampun juragan