there's no money in domain names.. this industry full of bullsh*t.
I would agree that some reported sales do not appear to be legit domain investor to third party sales - just hype to pump domain registrations or auction activity. It would be interesting to see an estimate of how much domain investors spend collectively on acquisitions and renewals vs end user sales. If you exclude the top 2% of investors i.e. Schwartz, Schilling, Berkens, etc unfortunately I do not believe the industry (excluding registrars and auction platforms) would show a profit.
there's no money in domain names.. this industry full of bullsh*t.