debate The domain name industry is large because most people drawn to it are so stupid.

[Super-Annuation]

I've looked at the domain droplists. Many sheets.

I've looked at the domain name sales data.

Frankly, 99% of domain activity is embarassing and cause and effect from destitute scrubs.

Think about this for a second. A human being with a brain genuinely believes they can sell a domain name like 1Coin.xyz for $5,000.

Stupid. Plain and simple. Dumb. Process of natural selection will likely get the better of people like this.

Now look at this garbage on tonight at GoDaddy: 35533.com.
Live and ongoing auction. Current bid at $11,000, 34 bids etc...

That's a lot of stupid people because this name has zero value. Disagree? Tell me how anyone can successfully use this domain, and justify the price of 11k.

How about this not even a little bit half decent name: RecoverData.com. Pfffft... What were 295 people thinking when they considered this rubbish tonight? It's on the top of the high bid list.

I'm being serious. There is no industry with a collective average IQ below the domain name industry. Go to any registrar and look at the top 10 names for exhibit A.

Okay

How do you stop people from thinking names like "TreeCentral.com" have value?

Or how do you buy a quality aged domain that's had several owners meaning it's likely the previous owner sales tactics could have hurt the value of the name?

Honestly, I don't think it is possible.

Not ever.

I think the industry will be full of dead beat loser cavemen thinking they've discovered fire.

That's why I have been fiercely liquidating. Almost done too.

So if you agree write it down and shed some light. If you disagree, I'll sell you a name with GoDaddy Appraisal at $10,000 for only 10%.

Sarcasm. Sorry, I know I had to elaborate...

 

[branding]

I agree with @karmaco . I don't like xyz personally so there's that but the others? If you don't recognize the value in those you're in the wrong kind of business imo.

Why do you think those are worthless?

 

[johnn]

Don’t get upset. If you want to make money then go with the flow.

 

[HotKey]

So like, your pissed that the industry is thriving or something? That's kind of messed up.

While I agree there's plenty headscratcher names selling, you can't control peoples buying decisions nor ever fully understand the rationale behind them.

Best you can do if you want to see change, is offer something better. Most can recognize a quality domain when they see it. Expired domains will always have a wide spectrum of eyes on them not found elsewhere.

But to cast the entire industry into a black pit of dispair, well take a look inward and start there.

 

[Silentptnr]

Another "It couldn't be me, it must be because the industry is full of losers" threads.

No, it was probably you. Either you underestimated the expense, the hold times, the work or something. You are more than likely saying this because you didn't get the results or return you wanted. And that's okay.

Because you don't like what others register, buy or sell and their pricing....that's why you want to stop investing in domain names? Makes no sense to me. You could just quietly move away from investing. Really no need to broadcast your hostility.

 

[griff]

How you and he does not know that Chinese are the ones interested in such domain should tell anyone that you do not know much about the domain industry on larger view.

there is literally a comment above from Kassey Lee, an expert in the Chinese domain market, who said no one uses 5N.com there. entirely speculative market with no users. not only that but the Chinese market has completely fallen off in the last few years

"The Chinese secondary market has decreased in size significantly, declining from 45% of all transactions in 2017 to 18% in 2020. At the same time, the US market has grown, accounting for ~30% of transactions in 2020, up from 10% in 2017." - https://www.bcg.com/ru-ru/publications/2021/domain-name-secondary-market-insights

 

[johnn]

I think the OP own each of us an Apology for calling us stupid.
My wife is very upset about this.
Either an apology or $1,000 in my Paypal account is ok to me.

 

[biggie]

Thank you for clarifying. My problem is likely that I have too few names for sale right now. 10K names is a lot!

Hi

10k names = about 100k a year in renewal fees, and that ain't chump change!

the most domains i owned at one time was about 2500 and that was pre-2010

now i'm down to about 250 names.

still, my str is 1% > 2% per year, which is similar to @Recons.Com
and roi per sale, typically exceeds 100% or higher.

you have to scale it, to what works for you, to keep balanced.

imo...

 

[Cooldomainideas]

The domain name industry is large because there is always going to be a new business that needs a website.

 

[Cryptotoda]

I've looked at the domain droplists. Many sheets.

I've looked at the domain name sales data.

Frankly, 99% of domain activity is embarassing and cause and effect from destitute scrubs.

Think about this for a second. A human being with a brain genuinely believes they can sell a domain name like 1Coin.xyz for $5,000.

Stupid. Plain and simple. Dumb. Process of natural selection will likely get the better of people like this.

Now look at this garbage on tonight at GoDaddy: 35533.com.
Live and ongoing auction. Current bid at $11,000, 34 bids etc...

That's a lot of stupid people because this name has zero value. Disagree? Tell me how anyone can successfully use this domain, and justify the price of 11k.

How about this not even a little bit half decent name: RecoverData.com. Pfffft... What were 295 people thinking when they considered this rubbish tonight? It's on the top of the high bid list.

I'm being serious. There is no industry with a collective average IQ below the domain name industry. Go to any registrar and look at the top 10 names for exhibit A.

Okay

How do you stop people from thinking names like "TreeCentral.com" have value?

Or how do you buy a quality aged domain that's had several owners meaning it's likely the previous owner sales tactics could have hurt the value of the name?

Honestly, I don't think it is possible.

Not ever.

I think the industry will be full of dead beat loser cavemen thinking they've discovered fire.

That's why I have been fiercely liquidating. Almost done too.

So if you agree write it down and shed some light. If you disagree, I'll sell you a name with GoDaddy Appraisal at $10,000 for only 10%.

Sarcasm. Sorry, I know I had to elaborate...

If RecoverData.com today is available for hand reg then you would be standing 1st in the queue to reg it...Think before you quote something stupid.
Domain industry runs on the End users requirement and NOT always on the Domain owners choice and selection and most important to sustain in this industry one has to be futuristic, creative with super marketing skills and not DUMB.

 

[The Durfer]

change your word to ignorant, you look like the girl on airplane geesh!

 

[.X.]

Stupid …. No .. people that have ambition enter entrepreneurial opportunities… Desperate people that enter entrepreneurial opportunities simply trying to make fast cash are careless … this applies to most everything that offers a person a chance to turn $1 into $2 .. I don’t fault the desperate .. they are trying .. but most usually run into countless walls in their efforts to make money ..

There are different levels of success in all entrepreneurial opportunities… a person knowing and excepting their own personal skill level and achievements is the key to their own success IMO

 

[Henry Y]

Instead of stupidity, I think a more precise saying is that people in the domain market are less likely to make right investment decisions because:

1. There are no universally accepted valuation models for domains, making domainers hard to value their domains.

2. The domain market is a global market, so it covers cultural and economic differences of countries which increase the difficulty of domain investment.

3. The domain market is not transparent at all as many sales and sales information are not reported. Domainers are harder to get complete information (prices, domain types, sellers and buyers) of all sales and to value domains based on comparable sales.

Because of the above factors, domainers are harder to invest objectively, which creates a wrong thought that domainers are more stupid.

 

[Recons.Com]

Not guaranteed 20% with stock market??? But supposedly 30%-100% return with domain names. As you mentioned, folks sell 1% of their portfolio or less per year. Who are the folks making those 30%-100% return?? I like to get names, and not folks like Rick Schwartz that talk a big game and started way back in the 1990s.

I, for one, make 50%-100% consistently with domain sales. My STR is around 1.5%. 99% of my names are bought from 2015 to now, while 50% has been bought in last 12 months. I have 10 000+ names now.

Domain investing is not too different from art investing. You have to know what assets are worth and would appreciate over the time and which ones will always will be a non-investment grade commodity or just plain trash.

 

[bmugford]

First half the population is near moron IQ level just a few points above a chimp

Second, chimps are actually pretty intelligent they have better flash memory than all humans, you can be a 200iq human and a lowly chimp will beat you in a flash memory test

Third, I used to own 1coin(s).com in the 90's

So to the new owners, .xyz is one of the better TLD's

Generations X Y Z use it

So if you are into the coin game which now includes crypto, 5K might be cheap on the .xyz

So you show why domainers are so dumb, your own IQ is too low to be making such opinions

Mine is considered on the level of DaVinci a once every 1000 year 250 or so IQ human

NSA uses my work in encryption
NASA uses my work to find exo planets
USGS uses my work in new quake theory

I create new laws in physics and math

What do you do besides criticize others for having a low IQ, yours is pretty low, you are clueless as to why 1coins in any TLD has value

 

[bmugford]

Mine is considered on the level of DaVinci a once every 1000 year 250 or so IQ human

Brilliant people just are brilliant. Brilliant people don't need to tell you how brilliant they are, on some random domain forum, while promoting some shitcoin.

Could you imagine DaVinci self-promoting on some domain forum; telling people how brilliant he was?

Enjoy trolling while you can. It probably won't take long for your account to get restricted because of your actions.

Brad

 

[Lox]

What you really need to acknowledge is;

Registration

Each month, spammers/scammers etc register a huge number (more than half million) of domains to avoid takedown or blacklisting and that they often re-use domains previously registered by domainers and end users.

Auctions

They'll place a bid/s for the domain.ext qualified for phishing bc there's a chance to fool the ISPs/Honeypot. They can run operation MX / Subdomain A:rec under the radar, even for months.

Life cycle

Newly registered domains will be active up to 24 hours and abandoned.
Old / dropped / re-used domains will be active up to 72 hours and abandoned.

Honey domains

I've seen many of *honey* domains have been picked up by domain-flippers without knowing that only after an extended period of inactivity, the domain is recycled.

So, if you spot something like:

626974636f6970.ext or 6269746.ext or 36f6970.ext

This can be interpreted f.e. as a part of bitcoin.com - used by Hexa/Octa etc. decimal trojan


Regards

 

[bmugford]

1) Always wonder why this domain isn't taken yet. Chances are there is a serious reason for that.

This is exactly why I generally have no interest in hand regging .COM.

You are talking about an extension with over 150 million registrations with heavy competition for anything halfway decent that expires or deletes.

Domains are generally available to register for a reason.

It is not like great domains are just sitting around for people to register, at least when it comes to making passive sales.

Brad

 

[twiki]

I am lucky that 90% of my initial less skilled hand reg domains are sold on at least registration price. So i always got to reinvest without making loss.
My own investment was roughly 400$, but I already earned more than 3500$ including selling & brokering.
My highest sale only 575 usd though,

But The best part is I am sitting on some offer of 250$, 500$ , 750$ for my Two vc one .com
And a 10000$ usd offer for my dot es domain.

So even I sell the four, I will get around 12k usd, all hand registered.

So ....

Great example of starting up in domaining - as one should, slow and focused on results. It reminds me very well of how I started. Although I incurred some loss initially but it was a planned one (traded some cash for learning faster).

It doesn't matter that your highest sale is only 575. Most of my sales are still under that value, although I also sell some 4-figs here and there but not that frequently. As long as overall you make decent profit, that's all that matters.

 

[Recons.Com]

I tried selling my best domains in a bundle for $350 last month because I going into other ventures. One of the domains with a $2.3K+ GoDaddy appraisal. Nobody wanted to purchase my names and on NamePros everybody wants a cheap deal.

Why bother with domain names when I get CASHFLOW of 20% in the stock market. You must be pretty gullible if you invest your millions in domain names instead of real estate or stocks. Domain names aren't easily liquidated. Only if you own the best names. One word names and dotcom.

Basically your thinking in this post sums up why domains don't work out for you.

1. Gd appraisals are just automated guesswork and are often completely off. They had a name in closeouts valued by them at 3900$ and no one would take it for $5 because it was obvious trash.

2. Something that can sell for $2300 is often sold wholesale for 10-30$ because the probability of selling it any given year is just 1% while the probability of renewal fee is 100%. So basically your expectations are completely off.

3. Not sure what cash flow of 20% means, but I assume you mean IRR? Well, you are certainly not guaranteed 20% annually at stock market. Historical averages have been around 10% and you could certainly lose money. At the same time you do domain investments right, you could make 30%-100% return on your investments year after year, even during a pandemic.

 

[DomainRecap]

You had me with "1Coin.xyz for $5,000" and then abruptly lost me with no understanding of why RecoverData.com was attracting the bidders.

There are always going to be whackos out there due to the low cost of entry - a $10 .COM hand-reg suddenly makes you a "Domain Investor" with all the rights and privileges thereunto appertaining. But that only applies to 1% of your comments.

 

[OhYeah]

I get what you're saying, but personally I've probably been pretty similar to these 1Coin.xyz guys, just there was only original tld's at the time I've started out. I believed that I can sell some hand-regged name for millions. However, later I understood the reality. Usually when I see this type of sales, I think "Ah, he's probably just a beginner and needs time to understand it all"

 

[D Haynes]

What percentage of people have to be mad (or of a certain opinion) before the they're the norm and the old norm are mad?

 

[kam]

As to the value of 5N domains, I'm very puzzled too. I research end users in China almost everyday but I rarely come across a Chinese company operating from a 5N or longer domain, yet they do sell -- and for good money. Up to 4N -- yes, they have definitely applications by end users.

The 5N is just a speculative niche market created by China domain broker and related stakeholders.

 

[Ariff BD]

I am lucky that 90% of my initial less skilled hand reg domains are sold on at least registration price. So i always got to reinvest without making loss.
My own investment was roughly 400$, but I already earned more than 3500$ including selling & brokering.
My highest sale only 575 usd though,

But The best part is I am sitting on some offer of 250$, 500$ , 750$ for my Two vc one .com
And a 10000$ usd offer for my dot es domain.

So even I sell the four, I will get around 12k usd, all hand registered.

So ....

 

[DTR Alex]

If someone thinks that he/she will get a master degree in just one or two years; it seems impossible to me. One has to invest years to learn it.