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Why doubleornothing.com sold $6,504 ?

Labeled as question in Domain Buying and Selling Discussion, started by Praveen E, Dec 26, 2019

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  1. Praveen E

    Praveen E Established Member

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    Hi,

    Why this much price for this domain
    doubleornothing.com - $6,504 sold on 25/12/2019 on DropCatch
    Data collected from NameBio

    Anybody share the reason
     
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  2. karmaco

    karmaco Top Contributor VIP

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    Common gambling phrase
     
  3. xynames

    xynames XYNames.com PRO VIP

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    Because it is actually on the mark versus 90% of domain names you see at NP which are off the mark.
     
  4. Praveen E

    Praveen E Established Member

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    What on the mark and off the mark means???
     
  5. xynames

    xynames XYNames.com PRO VIP

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    Off the mark - if you saw this domain being sold at NP it would be something like
    doubleitornothing.com
    an attempt to imitate a standard phrase or word(s) that ends up being off the mark.

    Such “off the mark” domains are often described here at NP by the seller as “brandable” or “premium,” when in fact they are definitely not premium and probably not the greatest brand either.
     
    Last edited: Dec 26, 2019
  6. BlackCatsAreNice

    BlackCatsAreNice Restricted (15-30%)

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    Buyer OVERPAID. It happens. In the frenzy of a bidding war, you don't think straight.

    I was actually planning to make a run for this domain at DropCatch while cruising down the highway. (Don't try it at home, kiddies.). But when the bidding topped $3K, I was OUT like a Shark Tank. Didn't realized they ran it up to $6K.

    Two lessons: Even with the overvaluation, I still think doubledownornothing.com is worth more than $6K. Buyer can probably find a buyer some years down the line in the $20-50K range. But as a domainer, you've got to ask yourself...are you willing to lock up $6K of your balance and wait it out for the payout?

    What if DoubleTrouble or DoubleDown or AllOrNothing came up tomorrow? They are much better investment options and since you spent your last $6K, you are up the creek and no crawdads in sight.

    Get it? There's a lesson there. Domaining 101. Take notes.
     
  7. rh2000

    rh2000 Upgraded Member Blue Account

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    Because it is a gambling related domain. Since gambling is becoming legal, these kind of domains are becoming more expensive.
     
  8. xynames

    xynames XYNames.com PRO VIP

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    This from the guy who advocated trying to get 100-200k for some relatively worthless domain that happened to match the name of some low end company. Advice he offered in the dark without even knowing what the domain is:
    And then comes back to say that doubleornothing is probably worth a lot more than 6K:
    You’re all over the place buddy. I think we’re going to need some more clarified advice from you if we want to retire early.
     
    Last edited: Dec 26, 2019
  9. Samer

    Samer Top Contributor VIP

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    used this phrase alot even under us 21 gamble age, but it is associated with gambling, but

    good slang and therefore brand
     
  10. BlackCatsAreNice

    BlackCatsAreNice Restricted (15-30%)

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    Ahhh....here it comes.

    Remember friends, Keep It Positive!

    If your goal with domaining is not to maximize your returns, then quit while you're ahead. Really. Do. It.

    For the rest of us hustlers: Here's to 2020! May it be the best ever.
     
    Last edited: Dec 26, 2019
  11. Samer

    Samer Top Contributor VIP

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    Wanna make a bet who’ll end up being right?

    if i lose, we’ll have to go double or nothing. ;)

    Wow $6,504? i see garbage selling higher daily

    Samer
     
    Last edited: Dec 26, 2019
  12. BlackCatsAreNice

    BlackCatsAreNice Restricted (15-30%)

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    Why does it have to be a right or wrong situation? We both can be right. Win win.

    Remember, ask for $100-200K. You may get it. Leave the peanuts for the circus elephants.
     
  13. Samer

    Samer Top Contributor VIP

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    we agree, help one, help all,

    Samer
     
  14. frank-germany

    frank-germany domainer since 2001 / musician VIP

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    stop giving BS advice here please
     
  15. BlackCatsAreNice

    BlackCatsAreNice Restricted (15-30%)

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    Actually $365K is what you should ask for. $1k per day.
     
  16. Grilled

    Grilled Top Contributor VIP

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    Buyer OVERUNDERPAID (imo)

    However, I will note, DoubleItOrNothing.com has never been regged before. But, DoubleItOrNothing.Info was a deleted previously owned domain. #notcommon

    upload_2019-12-26_14-55-21.png
     
  17. Matt Morgan

    Matt Morgan Established Member

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    Double or nothing was a wrestling event too.
     

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