NameSilo

There's no money in domain names... this industry full of bullsh*t.

Located in General Domain Discussion, started by Premiums, Feb 9, 2018

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  1. Premiums

    Premiums find.ventures

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    It wasn't a thread, it was a post inside a thread. I hate when mods delete my posts for no reason other than "it makes some people uncomfortable".
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. CryptoInvestor

    CryptoInvestor Experienced Investor VIP

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    Sounds like you have a problem with forums, not domaining. If you want to say whatever you want on a forum, go to reddit.
     
  3. ksusha64

    ksusha64 Top Contributor VIP

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    Domaining is obviously very profitable and fun for some, but there is lots of misinformation on this forum.
    The appraisal section here is a total nonsense and bs. Nobody here would pay 1% of their own appraisal there. People imagine 'endusers' as some sort of 'alien suckers" who would pay 100 times more for a name that domainer would not renew. There are also people registering insanely bad names and getting likes by others. It encourages them to buy more terrible names and lose money.
    You need to use your own judgement and read between the lines. Domaining could be life changing for someone who is ready to work hard.
     
    Last edited: Feb 10, 2018
  4. Premiums

    Premiums find.ventures

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    @ksusha64
    [​IMG]
     
  5. Kate

    Kate Domainosaurus Rex VIP ★★★★★★★★★★

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    It is a team, but they don't work full-time for me (yet) :)

    Indeed, there is too much dreaming in this industry, this is what leads to big disappointment. The problem is that end users are not interested in domainers' dreams. Don't try to reinvent the wheel. Look at what sells, then understand why, then you'll make better purchases. Ignoring consumer demand, buying bad names in nTLDs guarantees that your inventory will not sell, and you will waste time and money.

    Also, I would like to dispute the idea that there are no opportunities left because of HD and the likes ruling the auctions. The environment is not doubt cut-throat competitive but it's like any other industry.

    Even in 2018 good names are still to be had. Very recently I picked an absolute killer in .com at auction but it's in a foreign language so few people paid attention (of course I am happy with that). I intend to be the end user for that one.
    There are still lots of opportunities all around you, also in ccTLDs that are more specialized markets. There are many ways to skin a cat, but of course many wrongs way to do it too. Having money obviously helps but it is mostly about research and hard work. Domaining isn't easy it's true. There is a huge gap between the expectations and the reality. Look at me for example, I was expecting to retire in 5 years and I am still there...

    But don't forget that in 10 years you will be saying those were the good ole days.
     
  6. NoBS

    NoBS Established Member

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    :zippermouth:

    There are a few reasons why I'd be a fool to back up my statement (at least not at this time).

    In any case, I came here to brag :pompous:

    Don't hate me 'cos I'm winning.

    #1 Domainer :pirate:
     
  7. wwwweb

    wwwweb Top Contributor VIP ★★★★★★★★★★

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    Funny Charlie Sheen use to say the same thing.

    Either your bs’ing or trading in TM names, but good on you. Imaginary sales are the best kind, no commissions!
     
  8. Ganewy

    Ganewy Established Member

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    For those people that are saying they earn, I think I agree with this post because its hard to earn if you don't have good names. However, if you own one word you can earn because there is really no money. Companies earn to pay for renewals and domains make profit out of us.. there is many other investment out other that earn you more money than domaining! ( do i believe in domain invest i will SAY Absolutely No )
     
  9. xynames

    xynames XYNames.com PRO VIP

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    It’s slow and steady if you have good names. But trying to replenish the good ones that sell is not easy.
     
  10. alcy

    alcy Top Contributor VIP

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    don't take peoples comments personally. its just that everyone on namepros has seen countless posts of people making statements like you.. wthout backing up.. so people just get tired and bored of it.. and nobody believes them anymore here. cheers. :)
     
  11. stub

    stub DNStore.com PRO VIP ★★★★★★★★★★

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    Mods delete posts usually because the post isn't salient to the thread it is posted in. I cannot answer for your specific deleted posts because I haven't seen them. But your simple explanation that you are posting threads within threads tells me you should be opening new threads instead of posting a mish mash of threads together in this thread which you opened.
     
  12. NoBS

    NoBS Established Member

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    The domains in questions do not have any clear TM, certainly nothing registered. But sure, I do own names with matching TM's. Some of these are TM under common law, maybe a few have registered and active TM's. That does not mean I'm doing anything wrong or unlawful. It means I'm an awesome domainer that doesn't dabble exclusively in pigeon shit domains.

    I know how the Internet works baby (pics or it didn't happen). But the premise of this thread has nothing to back it up. That's why I came here to gloat :pompous:
     
    Last edited: Feb 11, 2018
  13. wwwweb

    wwwweb Top Contributor VIP ★★★★★★★★★★

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    You sound like Bikini Tara, timing sounds about right
     
  14. NoBS

    NoBS Established Member

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    I did some reasearch on this biki tara you speak of. Looks like an (ex) namepros member that liked to gloat about making lots of money.

    I don't have much money. People do however want to give me money for my domains. I just say no no no :pompous:
     
  15. dnk

    dnk Established Member ★★★★★★★★★★

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    In India there is no money in domaining as domain investors who are not well connected, are brutally cheated, defamed and exploited by google, tata, ntro in a major Sex, bribery racket, financial, resume theft fraud with the indian government falsely claiming that google, tata supplied goan sex workers, cheater housewives and other frauds who do not spend any money online own the domain names of the google competitor to get all these frauds, sex workers R&AW/cbi jobs with monthly salary at the expense of the real domain investor who is not getting anything despite paying all the expenses.
    CCI penalized google Rs 135.86 crores in India due to endless atrocities, identity theft racket, financial fraud on domain investors in India
     
  16. MapleDots

    MapleDots Account Closed (Requested) VIP

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    The thing about Bullshit is you have to learn how to market it.

    Even bullshit can be sold as fertilizer if you do the job right.

    I have sold a lot of fertilizer over the years and am quite happy doing so :xf.smile:
     
  17. ValleyRock

    ValleyRock Sales and Outreach

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    Bought, V + "something" + "friend" on Tuesday for +5usd on GD closeouts.
    Sold it on Thursday for 150usd.
    I was 95% sure, I would sell it ... fast. I only hold heavyweights, and I rarely do.

    1. Sent 6 emails. No reply on the first send.
    2. Sent follow ups, got an offer for 150, took it.
    3. Rinse and repeat.
    4. Scale
    I sold it to a reseller, who's probably going to sell it for a lot more! Why did he buy?

    Its called pattern recognition. I recognized the pattern, he recognized the pattern.

    When you start domaining, your mostly guessing. You might make a few large sales, these are flukes. As, you need to make profit on at least 6 out of 10 moves you make, before you can confidently tell yourself you know this business well enough.

    How do you make money out of 6 in 10 moves. You recognize patterns. Most of the time, your divesting from certain patterns as they become popular. The secret is the pattern.

    Everything in life is about patterns. Discover the patterns, in software development there are architectural patterns (high level) and design patterns (low level). In domaining, there are reseller patterns and end-user patterns.

    Sustainable success in any endeavor takes deliberate effort, continuous learning and diligence.
     
    Last edited: Feb 11, 2018
  18. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    You're just half right Premiums...I agree, this industry is "full of bullsh*t", but there is money in domain names. I've been self employed since college in 1970, but you might even say I was a budding entrepreneur when I was cutting grass and shoveling snow starting in the late 50's. I've been involved either directly or indirectly in most major industries, and the domain industry is without a doubt the most f'uk'd up starting with the "appraisal" piece, and Go Daddy gets a gold star for that.

    Having been successful in most (not all) of my lifetime endeavors, I can assure you there is money to be made in domaining. Most fortunes in this world have been made because someone has discovered a better mouse trap, and practical business experience tells me this industry is screaming for a better mouse trap. I see in this thread where NamePro's member creataweb asked if you're related to Bulloney? And I see where about of a dozen of my biggest fans "liked" his post.....i just luv it:xf.grin:


    Bulloney
     
    Last edited: Feb 11, 2018
  19. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

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    Bulloney how would you know there is money in domains?

    You are just collecting domains at this point. Have you sold any yet? Theoretical sales don't count.

    Your post also seems like a way to just spam your domains. You mentioned at least 6 domains you own.

    Additionally, Kiwanis is a registered trademark. I assume you have permission from them to use it.

    Brad
     
  20. IMEZI

    IMEZI Top Contributor VIP ★★★★★★★★★★

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    You were join on Nov 2016
    While my self joined Sep 2008 and still not making the real money yet, but i'm not complaining about it :D

    You should hold Persistence and Perseverance deep within your heart and soul :D
     
  21. Premiums

    Premiums find.ventures

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    THIS
     
  22. Premiums

    Premiums find.ventures

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    Everyone knows that this industry (domaining) is shady..
     
  23. IMEZI

    IMEZI Top Contributor VIP ★★★★★★★★★★

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  24. Premiums

    Premiums find.ventures

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    i think its just registrar/registry white hat marketing..

    his recent sales:
    medici dot co $5k Registration Date: 2017-11-29
    mochi dot co ... $3k Registration Date: 2017-10-04

    I checked the whois on them he is still an owner..
     
  25. IMEZI

    IMEZI Top Contributor VIP ★★★★★★★★★★

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    His post were today, it might be the settlement has not fully done yet. You cant judge him only by the last post...

    LEDGER.ORG whois already changed into Eric Larcheveque
     

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