discuss What if you guys all wrong?

[Jimmysun]

Chinese usually say that if 10-20 years ago you had bought an apartment or a condo in Beijing you gonna be rich today because at that time most people wouldn't think the real estate in China would become so flourish if you had one you barely didn't need to do anything hard works after then, I believe some domainers have had speculative thought as of late, so when I try to invest on something I'd always been asking myself am I really making a right decisions? what if I was wrong? We have been talking about VR, Robot, Crypto niches round and round, what if we are just following trending that most people agree to but the true answer is way out of your thinking? even you believe in yourself how do you make yourself persuaded to have patient?

Do you have any idea or niche that is out of the normal way that comes out from your mind? For example "body devices" is actually the next hot niche, or ".de" will be the next hack because "decentralized"? I appreciate having some new thoughts.

 

[pb]

What if a sun burst destroys all electric networks and all those domains, and websites, and crypto-whatever turn into dust? Better invest in a plot of land and some gardening tools.

 

[Rhinnnn]

I think domain investing is a game of probabilities. Obviously, we can not predict all future big trends but, based on what's already here and known, we can assess the probability of X or Y becoming big or not.

Examples:

As alluded above, crypto and blockchain are already pretty important and, barring some unforeseen/catastrophic events, their importance can only grow from now on, as the world slowly moves away from physical to digital money (and, in a broader sense, from physical to digital everything). In other words: high probability of this becoming bigger than it is.

On the other hand, we know about what's very likely to be less and less important in the future: print magazines and newspapers, fax machines, wires and cords in general, standalone GPS devices, etc.


Are we all wrong about the examples above? It's possible. But highly improbable.


As for crazy ideas regarding big upcoming trends - I have to ponder this more and will share the conclusions at a later time (unless I'll contemplate keeping it all for me, hah).

 

[Mister Funsky]

What if a sun burst destroys all electric networks and all those domains, and websites, and crypto-whatever turn into dust? Better invest in a plot of land and some gardening tools.

How about that fellow that put 60 million plus in bitcoin codes hidden in a fishing rod case...then the landlord hauled all his things to the dump after he got incarcerated...gives new meaning to the phrase 'gone fishin'.

 

[Rob Monster]

Barring an apocalyptic World War 3, in the next 10 years, the last ~2.5 billion people will come onto the Internet. That's billion with a B.

If we keep domains viable as a the preferred addressing framework without Draconian censorship, the domains you own will become more valuable as a predictable function of more people transacting online.

The Blockchain based alternatives will come into play only if there is an excessive amount of disempowerment, e.g. some folks are documenting this practice:

https://www.accessnow.org/keepiton/

The new TLDs will actually get moving again in 2020, but it will be largely a function of emerging market participants, buying domains for discounted wholesale and working diligently to get it adopted or developed.

This is going to be an interesting decade - perhaps among the most interesting times to be alive to date due in large part to the massive convergence of a massive amount of low cost tech.

 

[Rob Monster]

Thanks for your opinions and resources, Have you ever noticed recently the China coronavirus? ask me why? No, I can't say...in my point of view I really think the WW3 or blockchain alternatives are coming real soon in 2020.

Yes, and did you notice that the China Social Credit score system became mandatory in the same year that mandatory quarantines became socially acceptable?

In the eyes of certain control freaks, thoughts are viruses. Mass quarantines would be a fine way to contain thought viruses.

Fear is a powerful thing. Those who have eternal perspective are equipped to overcome fear and fulfill their God-given purpose.

Wealth without wisdom is the road to hell. So, sure keep flipping domains for profit but make sure to allocate time to courageously ask questions and seek answers.

 

[mAd MaX]

or ".de" will be the next hack because "decentralized"?

Never thought that! Maybe

 

[Jimmysun]

Are you into crypto?

Sure, the crypto is my love, it means freedom! Some countries are restricted to have exchange and have a limit to transferring $$.

 

[tonyk2000]

Do you have any idea or niche that is out of the normal way that comes out from your mind?

Not from the mind alone... There are different information sources around. And, btw, anybody with such an idea (==> domain registrations) probably should not disclose it on a public domaining forum

 

[Jimmysun]

How about that fellow that put 60 million plus in bitcoin codes hidden in a fishing rod case...then the landlord hauled all his things to the dump after he got incarcerated...gives new meaning to the phrase 'gone fishin'.

hahaha, That's hilarious , maybe I would prefer the goneharddrive...

 

[Mister Funsky]

hahaha, That's hilarious , maybe I would prefer the goneharddrive...

I was remiss in not putting up a link to the story so it is below...incredible!

https://boingboing.net/2020/02/21/drug-dealer-lost-his-bitcoin-p.html

Should I live in that area of the world, I would be out there (in dump) nightly pulling through rotting veggies and stinky diapers looking for the case!

 

[NYJimbo]

Don't share your trend or niche ideas, especially do not EVER share the ones that sell. I learned that the hard way. I do not do trends anymore but I do patterns and some niche, on top of normal names.

Once you find a niche, pattern or whatever that sells, stick with it and crunch the numbers to be sure you are on the right track. For example, I sell a lot of pattern .NET domains for small money ($199 to $299) and I get them from expire lists. But I would never tell people what those patterns are because I only get a few new ones every month. If I shared that info, then even just a handful of people looking for the same patterns would easily buy up all the names I want.

 

[frank-germany]

looks like I'm extremely decentralized....

 

[Jimmysun]

I got MyBitcoinSV.com

If you fancy that offer me a price on that name.

That's a really good collection, will keep that in my mind, I might be interested once when .com is allowed to using as a wallet address.

 

[Rhinnnn]

What if a sun burst destroys all electric networks and all those domains, and websites, and crypto-whatever turn into dust? Better invest in a plot of land and some gardening tools.

You just want everyone to stop buying domains so you can easily get all the good ones I'm kidding, of course!

The probability of a damaging solar storm happening in the near future is quite low:
https://www.sciencedaily.com/releases/2019/03/190312103717.htm

Hopefully, someone out there will find a way to protect the earth from such potential hazards in the decades to come.

 

[Jimmysun]

I think domain investing is a game of probabilities. Obviously, we can not predict all future big trends but, based on what's already here and known, we can assess the probability of X or Y becoming big or not.

Examples:

As alluded above, crypto and blockchain are already pretty important and, barring some unforeseen/catastrophic events, their importance can only grow from now on, as the world slowly moves away from physical to digital money (and, in a broader sense, from physical to digital everything). In other words: high probability of this becoming bigger than it is.

On the other hand, we know about what's very likely to be less and less important in the future: print magazines and newspapers, fax machines, wires and cords in general, standalone GPS devices, etc.

Are we all wrong about the examples above? It's possible. But highly improbable.


As for crazy ideas regarding big upcoming trends - I have to ponder this more and will share the conclusions at a later time (unless I'll contemplate keeping it all for me, hah).

Thanks for your opinions, I remember when I noticed how important the blockchain technology is I actually couldn't find any good domain like xxxcoin, xxxtoken..., not even to mention 5g.com or token.com, I was just way too late almost had to spend 100X times to find/dig a mid-good domain, so it made me think, what's the key to having the foresight vision to catch a good domain, like Wallstreet people always move huge funds before everyone sense the opportunities, mice ran away before earthquake.
In my experience even you find a very good niche most people will seem it as an unlikely event.

 

[alcy]

as long as you are making profit and in the green, then it does not matter if im right or wrong or if someone else is right or wrong

 

[Jimmysun]

If you do not get it now, it will be regged soon! Not a bad name and if I had not exceeded my limit this week, I would get it!

You can have it I don't mind.

 

[Jimmysun]

One of my dream is to open a vegetarian restaurant in California once I have enough $$. For that purpose Ive collected the veg.xyz and veganfood.xyz. That’s my only way to protect the earth and health. If the dream is way too far from reality I could either choose to sell my domains off.

 

[Pay.My.id]

Chinese usually say that if 10-20 years ago you had bought an apartment or a condo in Beijing you gonna be rich today because at that time most people wouldn't think the real estate in China would become so flourish if you had one you barely didn't need to do anything hard works after then, I believe some domainers have had speculative thought as of late, so when I try to invest on something I'd always been asking myself am I really making a right decisions? what if I was wrong? We have been talking about VR, Robot, Crypto niches round and round, what if we are just following trending that most people agree to but the true answer is way out of your thinking? even you believe in yourself how do you make yourself persuaded to have patient?

Do you have any idea or niche that is out of the normal way that comes out from your mind? For example "body devices" is actually the next hot niche, or ".de" will be the next hack because "decentralized"? I appreciate having some new thoughts.
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If we follow some domain trend , then we would go to end of the trend. Its better to invest in our brain before making the strongest decision

 

[Jimmysun]

Any ideas I will take seriously deep thinking even it looks like a joke, thanks!

 

[mAd MaX]

Any ideas I will take seriously deep thinking even it looks like a joke, thanks!

Are you into crypto?

 

[mAd MaX]

Sure, the crypto is my love, it means freedom! Some countries are restricted to have exchange and have a limit to transferring $$.

Which one BitcoinSV ?

 

[Jimmysun]

Which one BitcoinSV ?

BTC, ETH, BSV, ZIL

 

[Jimmysun]

Which one BitcoinSV ?

BTC, ETH, BSV, ZIL