discuss What is your opinion in xyz extension?

[domainsg]

what is your opinion in xyz extension?

 

[William V]

I like the xyz extension. I do get some inquiries and I've had one offer which I declined. I price my names high since I'm not really in any hurry to sell.

In my opinion, the gtld deniers are missing the big picture. I remember in the 90's when Hyundai made cars that were unreliable and very low quality. Today, their reputation is much different. In the 90's, Chevrolet was a good brand, now they are one of the lowest value propositions on the market. Perceptions change rather quickly.

Small companies will use the gtld's for the same reason that people bought Hyundai cars, they are affordable. Eventually enough businesses using these strings will become known and people will get used to seeing and using them. This will lead to type in traffic for span the dot names and unnatural extensions like xyz that become more popular.

Look how fast people picked up on how # tags work for facebook and twitter. The pace of technology is training people to learn and accept new ideas faster than ever before.

So many gtld deniers act as if the new extensions are a horrible investment. As part of my DD before buying my names, I looked at the estibot value of the corresponding .com. The total value for the .com's would have been about 60 million dollars. For a several thousand dollars, I was able to invest in keywords that have proven value. I couldn't buy even 1 keyword .com for the price I paid for all of the gtlds.

Now, I was waiting with my browser open on the GA days for the best names that I have. It would not be possible for me to acquire the same quality of names at reg fee today. And I do think people registering low quality, multi word, or brandable type gtld's are making a poor investment.

Don't buy AnyLongPhrase.xyz and expect to make money. But if you buy valuable single keyword .xyz names at low prices, it's hard to see how that turns out badly.

 

[decode]

One Source
http://domaingang.com/stories-and-manuals/abc-to-xyz-when-larry-called-negari/#top

@Kate
You are questioning the fact that the top internet company has put their holding company on .xyz domain as not a vote of confidence? Seriously. 0% chance to win an argument that this is not the biggest vote of confidence for any new extension. This is not Google buying some random domain, it is Google placing their holding company, you know the one that owns all Google related companies, onto abc.xyz

If this isn't a clear case with no need for interpretation well.....

Also, all shareholder docs will be on abc.xyz amongst other important docs. Seriously, they are trusting the .xyz ext. with some of their most important information.....and they basically run traffic on the open internet. This is peak confidence in a new domain. There can't be a better vote of confidence in a new ext. since there is only one Google.

Cheers.

 

[decode]

One more simple point.
When some of the smartest people at one of the world's smartest companies chooses .xyz for a key corporate function I think questioning the extension becomes irrelevant.

If it is good enough for Google than it really is good enough for any company or person conducting business online. This is just a fact.

.xyz is clearly an excellent choice, with the ultimate interenet "authority" to back it up.

 

[JamesCrew]

I am sure that Abc.xyz was the "only" brandable option left for Google to go with (the keyword being "brandable" here).

Secondly, the point I see is not whether .xyz is a better extension or not, but the majority of this argument is based on few comments from fellow members here who predicted that .xyz will outrank ..com in couple of years. Again my friends, not gonna happen.

 

[Kate]

This is not Google buying some random domain, it is Google placing their holding company, you know the one that owns all Google related companies, onto abc.xyz

A corporate (holding) website that normal people will never visit... How many times a day do you check that .xyz ?

If it is good enough for Google than it really is good enough for any company or person conducting business online. This is just a fact.

.co was good enough for Overstock, .mobi was good enough for Visa, Bofa and plenty of Fortune 500 companies...
This is a fact too

But since .xyz is now accepted as a 'mainstream', worthy extension as a result of Google's blessing, then I am sure plenty of prominent end users are going to adopt it, and you're going to make plenty of big sales from now on right ? I am looking forward to your reported .xyz sales.

 

[Kate]

In my opinion, the gtld deniers are missing the big picture. I remember in the 90's when Hyundai made cars that were unreliable and very low quality. Today, their reputation is much different.

Flawed argument. New gTLDs are not new technology, they work exactly like the 'old' extensions. Nothing more, nothing less.

So many gtld deniers act as if the new extensions are a horrible investment. As part of my DD before buying my names, I looked at the estibot value of the corresponding .com. The total value for the .com's would have been about 60 million dollars. For a several thousand dollars, I was able to invest in keywords that have proven value.

If you rely on estibot you have everything to learn. It's another flawed thinking: the .com sold for that much, then my .whatever should be worth --------. It just doesn't work like that.
I am not saying you will make zero sales, but if you do, the return will be pathetic. You suggest you have spent several thousands dollars, now are you going to make that money back ? Spending is the easy part, making sales is the difficult part.

 

[garptrader]

On the general discussion thread one can see that only about one tenth of 1% of Google's domain holdings are .XYZ

.COM is about 40% with .Net and .Org about 10% each and a number of CCTLDs in the mix

 

[William V]

Flawed argument. New gTLDs are not new technology, they work exactly like the 'old' extensions. Nothing more, nothing less.

Hyundai cars in the 1990's worked just like Mercedes. Both offered A to B transportation except the Mercedes was more prestigious.

If you rely on estibot you have everything to learn.

Estibot is part of my evaluation process. It isn't perfect but it provides a pretty good indication of what names have potential and which ones don't.

This isn't my first rodeo. I'm not spending money, I'm making an investment. Every investment with great potential also has the potential to lose some or all of the investment. The names will either appreciate in value or they will not. I think in 10 years the names will be significantly more valuable than today. My cost basis is so low that it would be difficult for me to lose unless the internet changes and domain names aren't needed anymore. That could happen but in my opinion, not likely.

 

[james haw]

You are questioning the fact that the top internet company has put their holding company on .xyz domain as not a vote of confidence?

Go ask everyone you know: "Hey, what is abc.xyz" and when more than half of them ask "what is a dot xyz?" and the remaining few just state "No idea", then you understand why Alphabet buying a dot xyz is not as big as some say it is.
Even if they know that "Alphabet" is the mother company for Google, they won't necessarily know of abc.xyz, and also many will just think the xyz is something special Google have cooked up.

I'm not saying it's entirely meaningless, it may send some small ripples out there, but it's not some magic wand which will suddenly make xyz TLD more trade-able. And this is not "only" here-say, it's based on previous occurrences with other TLDs, like Kate has pointed out, and more.


Have a looksie here:
http://namebio.com/?s=gM5UTO1kjM

Starts out well at high figures, but only a tiny number of high figure sales. The list then on the first page goes to "deals.xyz" for $8K and by page 3 (so the top 27 reported xyz sales) we get to "stocks.xyz" for a tiny $1K.

When the TLD is selling regularly at good prices, hundreds per day, or even per week, then you can say xyz is doing well.



Imagine Alphabet suddenly using "abc.pooface", are you saying that TLD will suddenly be valuable and traded amongst millions of domainers and business?

 

[Igor Mironyuk]

It SOUNDS and LOOKS like SPAM !

+ The non-technical world doesn't understand that .xyz is a domain extension.

I believe there are better alternatives out there

I agree with this. Because on my email daily comes spam from .xyz sites.

 

[Alessandro Couteau]

Go ask everyone you know: "Hey, what is abc.xyz" and when more than half of them ask "what is a dot xyz?" and the remaining few just state "No idea", then you understand why Alphabet buying a dot xyz is not as big as some say it is.
Even if they know that "Alphabet" is the mother company for Google, they won't necessarily know of abc.xyz, and also many will just think the xyz is something special Google have cooked up.

I'm not saying it's entirely meaningless, it may send some small ripples out there, but it's not some magic wand which will suddenly make xyz TLD more trade-able. And this is not "only" here-say, it's based on previous occurrences with other TLDs, like Kate has pointed out, and more.


Have a looksie here:
http://namebio.com/?s=gM5UTO1kjM

Starts out well at high figures, but only a tiny number of high figure sales. The list then on the first page goes to "deals.xyz" for $8K and by page 3 (so the top 27 reported xyz sales) we get to "stocks.xyz" for a tiny $1K.

When the TLD is selling regularly at good prices, hundreds per day, or even per week, then you can say xyz is doing well.



Imagine Alphabet suddenly using "abc.pooface", are you saying that TLD will suddenly be valuable and traded amongst millions of domainers and business?

You should do some research and see what BankLoans was bought for ? In the past people didn't know anything about the Internet; that is rapidly changing. It doesn't have to be about .XYZ... It's all GTLDs in general. They all have their own value. Some are strange and not adopted and some like XYZ just fit the bill. Period

 

[Alessandro Couteau]

Of course the timeframe was 1998 and not many understood the value or potential of domain names like Rick Schwartz did.


https://web.archive.org/web/19981202074137/http://www.webspaces.com/

Domain Name Price (USD)
AGRICULTURAL.COM $ 2,000
AIRSERVICE.COM $ 1,000
ALTERATIONS.COM $ 1,500
ALUMINUMSIDING.COM $ 1,000
ANTIQUESTORES.COM $ 1,000
ASPIRINS.COM $ 2,000
BANKCARDS.COM $ 3,000
BANKLOANS.COM $ 1,000
BEAUTYSHOPS.COM

 

[james haw]

You should do some research and see what BankLoans was bought for ?

I cannot find what BankLoans.xyz sold for, and nor does it matter.

Hundreds of high values sales does not make a TLD worth trading in or valuable, it makes a few names in that TLD valuable.

Casino.xyz - BankLoans.xyz, sure these can be worth something now, but they're super premium keywords, and these are worth something in any TLD! Who ever heard of .vu? Yet casino.vu - $2,500 - 2011.

That was 5 years ago, so is .vu suddenly booming in trade now? Or was that sale simply because it was super-uper-duper premium keyword and not a reflection of 'things to come' for .vu? There is no reason the same will not happen for xyz. SuperPremiumKeywords.xyz will sell for high value, but that has no bearing on the general sale of xyz and "normal" keywords and names in that TLD!


Here are sales of xyz:
http://namebio.com/?s=gM5UTO1kjM
From name 1 down to 10, page 1, the sale price goes from $175K to $8K.

Compared to .com:
http://namebio.com/?s=AN5EDO5kjM
We're still in the $millions by page 10!


Let's stop making comparisons between xyz and com, even future hopes!

Hope is a wonderful thing, but false hope will only end in disappointment

 

[Alessandro Couteau]

I cannot find what BankLoans.xyz sold for, and nor does it matter.

Hundreds of high values sales does not make a TLD worth trading in or valuable, it makes a few names in that TLD valuable.

Casino.xyz - BankLoans.xyz, sure these can be worth something now, but they're super premium keywords, and these are worth something in any TLD! Who ever heard of .vu? Yet casino.vu - $2,500 - 2011.

That was 5 years ago, so is .vu suddenly booming in trade now? Or was that sale simply because it was super-uper-duper premium keyword and not a reflection of 'things to come' for .vu? There is no reason the same will not happen for xyz. SuperPremiumKeywords.xyz will sell for high value, but that has no bearing on the general sale of xyz and "normal" keywords and names in that TLD!


Here are sales of xyz:
http://namebio.com/?s=gM5UTO1kjM
From name 1 down to 10, page 1, the sale price goes from $175K to $8K.

Compared to .com:
http://namebio.com/?s=AN5EDO5kjM
We're still in the $millions by page 10!


Let's stop making comparisons between xyz and com, even future hopes!

Hope is a wonderful thing, but false hope will only end in disappointment

Lol. Stop you right there. Not bankloans.xyz ... The .com ... Click the link I wrote above and you'll see what my point is. In 1998 people said to Schwartz you'd be an idiot to invest in a name you can see in you're URL. Lol. Now look who's laughing. He invested a couple thousand and now he's a multi millionaire

 

[james haw]

Lol. Stop you right there. Not bankloans.xyz ... The .com ... Click the link I wrote above and you'll see what my point is. In 1998 people said to Schwartz you'd be an idiot to invest in a name you can see in you're URL. Lol. Now look who's laughing. He invested a couple thousand and now he's a multi millionaire

I therefore have no idea what point you are making, sorry. You are saying "take a look at how much BankLoans.com sold for"? So what is your point, we already know .com is strong and valuable?

We're discussing xyz, which is why I presumed that is the TLD you meant as you did not make it clear

 

[Alessandro Couteau]

I therefore have no idea what point you are making, sorry. You are saying "take a look at how much BankLoans.com sold for"? So what is your point, we already know .com is strong and valuable?

We're discussing xyz, which is why I presumed that is the TLD you meant as you did not make it clear

*face palm

Bankloans.com sold for $1500 in 1998.

What's it worth now ?

You getting my point; "you and you're entourage call investing in XYZ, the same to burning money but I call it investing."

I have debated with several of the anti gtld members here and there's always no room to argue. I own Heart.Surgery "I think it's a six figure name but only time will tell..." I own Wines.XYZ and Whiskey.XYZ "I think those are very strong investments." You know liquid domains like LLL and NNN and there counterparts have the resell factor to a tee but now all that needs to happen is for more existing companies to rebrand as a .XYZ and I am not talking about Google. I am talking about companies that the middle class consumers follow such as Cocacola & McDonald's ! Boy that would be something else. Pepsi did something similar in their vintage years with X & Y & Z but imagine if they came back ! Call it dreaming but I see the true American Dream for what it is ! Invest & win or Be fearful and lose ....

 

[domvault]

Stick with the .COM's .

 

[Alessandro Couteau]

Stick with the .COM's .

Short and sweet; I like it ! Did you ever make six figures by writing one sentence down my friend ? You too can be afraid all you want because that's what it is in the long run "I am so fearful because other cctlds and gtlds have failed in their quest to become part of internet history so instead of buying Paper.xyz I'll buy Bigpapers.com" "oh yea that will surely work in bringing in me an Internet audience to voice my products to in the paper printing business." "Or no wait ! Even better I'll see my kids college funds and buy paper1.com" "it's not paper, but who cares these days."

Their is no room in the CCtld world to buy premium names anymore and if there is show me some with a good price. Thousands is fair but hundreds of thousands for a generic word is just ...... "I say look towards the future" and then maybe we can have in ten years another gentleman to introduce yet again another Tld that people will call a waste of investment when the last proved more successful then the other.
"Was the same said for .Net and .Org." Lol.

 

[james haw]

Bankloans.com sold for $1500 in 1998.
What's it worth now ?
You getting my point

Not sure as you're too busy slapping your face onto your palms and being cryptic, why not just come out and say your point?

As you face-palmed when I stated "we already know .com is valuable" and you now argue in favour of new TLDs, I can only presume your point to be:
"In 1998 BankLoans.com sold for $1500 but is worth more (6 figures or more) now, therefore xyz will do the same and be worth lots one day"

Right? Or do you mean "certain" such as super premium will be worth something? I already said that.

I have debated with several of the anti gtld members here and there's always no room to argue. I own Heart.Surgery "I think it's a six figure name but only time will tell..." I own Wines.XYZ and Whiskey.XYZ "I think those are very strong investments."

Yes yes, all possible. Super mega premium keywords will be worth value in any TLD. This has no reflection or bearing on the rest of the TLD names, such as "HousesForSaleNewYork.xyz" etc.

Premium keywords are premium and "premium" dictates high value, however the value of everything else in a TLD is determined by the overall value of the TLD which itself is determined by frequency and price of sales - ie 500 to 1,000 sales per week at $x,xxx or more. And the value of those premiums or a few other high sales because some end user had high desire and fat wallet has no bearing on the overall value.

Invest & win or Be fearful and lose ....

Or, invest and lose... a very real potential and a frequent occurrence among domainers.

 

[Alessandro Couteau]

Not sure as you're too busy slapping your face onto your palms and being cryptic, why not just come out and say your point?

As you face-palmed when I stated "we already know .com is valuable" and you now argue in favour of new TLDs, I can only presume your point to be:
"In 1998 BankLoans.com sold for $1500 but is worth more (6 figures or more) now, therefore xyz will do the same and be worth lots one day"

Right? Or do you mean "certain" such as super premium will be worth something? I already said that.





Yes yes yes. Super mega premium keywords will be worth value in any TLD. This has no reflection or bearing on the rest of the TLD names, such as "HousesForSale.xyz" etc.

Premium keywords are premium and "premium" dictates high value, however the value of everything else in a TLD is determined by the overall value of the TLD which itself is determined by frequency and price of sales - ie 500 to 1,000 sales per week at $x,xxx or more. And the value of those premiums or a few other high sales because some end user had high desire and fat wallet has no bearing on the overall value.




Or, invest and lose... a very real potential and a frequent occurrence among domainers.

Haha "I like you're style" ! Forgive me for the facepalms ... you're right about the keywords and yea I do agree with you that certain phrases and keywords won't be worth anything and yes those who don't do their research will lose .... A lot.

But unfortunately theirs nothing we can do to stop bad investing, lol. and I mean bad investing like Bananna123.xyz ... Or Applesauce777.com ... Either way people will invest poorly in GTLD and TLD and CCTLD ...

 

[Kate]

In 1998 people said to Schwartz you'd be an idiot to invest in a name you can see in you're URL. Lol. Now look who's laughing. He invested a couple thousand and now he's a multi millionaire

But he bought .com, not .xyz...

You getting my point; "you and you're entourage call investing in XYZ, the same to burning money but I call it investing."

Okay I get it. Schwartz looked like a fool in 1995, but he was a visionary and he ultimately won and retired to the sun.
So you think you're the next Schwartz just because you look like a fool today (or hopeful) ? That the dotcom boom will repeat again ?
People have placed bets on previously-released extensions and failed.

A few sales doesn't mean a market will take shape, and the TLD will be really successful, that is embraced by end users.
If there is no market, then you could still make sales if you are lucky, but this is getting closer to playing lottery than investment.

Also, when Schwartz was buying domain names in the early days (1995), there were few options: .com/.net and .org (if you are non-profit). Few ccTLDs were open and easy to get at that time. .com became the default extension and still is. Now there is a lot more choice, but not all options are equal. .xyz is certainly not at the top of the list.

 

[Alessandro Couteau]

But he bought .com, not .xyz...


Okay I get it. Schwartz looked like a fool in 1995, but he was a visionary and he ultimately won and retired to the sun.
So you think you're the next Schwartz just because you look like a fool today (or hopeful) ? That the dotcom boom will repeat again ?
People have placed bets on previously-released extensions and failed.

A few sales doesn't mean a market will take shape, and the TLD will be really successful, that is embraced by end users.
If there is no market, then you could still make sales if you are lucky, but this is getting closer to playing lottery than investment.

Also, when Schwartz was buying domain names in the early days (1995), there were few options: .com/.net and .org (if you are non-profit). Few ccTLDs were open and easy to get at that time. .com became the default extension and still is. Now there is a lot more choice, but not all options are equal. .xyz is certainly not at the top of the list.

There's a time for everything and if there's a will there's a way.

 

[SpareDomains]

My opinion on any new extension is the top keywords might be worth an investment. But I'd be cautious on going past 1-2 word dead on keyword domains.

http://domainnamewire.com/2015/12/29/2015-in-review-new-tlds/

***Disclaimer*** I have enough premium .coms in the vault to generate income until I die without having to buy another domain in any extension ever. I own (1) .Domains domain simply because it's a hack on one of my domain name sales sites and 99.9% of the rest of my portfolio are .Com domains aged from 1998-2015

 

[JB Lions]

There's a time for everything and if there's a will there's a way.

Somebody 5 foot tall can have all the will in the world, they're never going to be an NBA center.

 

[Alessandro Couteau]

Somebody 5 foot tall can have all the will in the world, they're never going to be an NBA center.

Not with that attitude ... Haha

If homeless people can become billionaires from writing books about wizards and magic then a new extension can have its fun in the internet world. Work hard and you'll play hard. Invest & manifest