I own a few (100 or so) XYZ names of really mixed quality. I have made a great ROI on buying them for 1$-10$ over the past half year. Do I believe XYZ will succeed in the long run, maybe (would be due to the adoption within the crypto community then) or maybe not (I do not see a broader appeal for the extension outside Crypto and general brand protection for big brands). That said, I will continue to buy and sell XYZ names as long as I continue to see nice demand in the wholesale market as well as retail market for it and as someone else wrote earlier in this thread, I am happy to make 10-100$ a name from time to time on 1-10$ invested and if none of the XYZ names I own today will sell from now on and I drop them I have still made a profit on the extension as such.
Just wanted to jump in on the monopoly discussion which I see from time to time here regarding
@DNGear also.
Monopoly is per definition
"The exclusive possession or control of the supply of or trade in a commodity or service."
@DNGear is not having a monopoly to begin with. She holds 22,000 names (a lot of them of the higher caliber quality, yes) but there are roughly 5 million XYZ names registered (correct me if I read the stats here wrong:
https://ntldstats.com/tld). Even if she held 4,999,999 XYZ names she would still only control the pricing and sales of those not the one name she does not own (names are unique and prices of one XYZ does not equal the other - it is not a commodity like oil).
@DNGear does not (from what I know control the outlets selling XYZ names
). If you do not control distribution, nor own even a fraction of all available names and sell at a price higher than everyone else does one cannot argue there is a monopoly situation.
However, one is always in the right to question how she makes the sales and why no one else is succeeding in the same way - better names is one reason, better sales tactics maybe another, better connections in the community of buyers - I do not know why but she is not selling more than then rest of us due to a monopoly exploit situation. We all (most of us) have XYZ names on the same marketplaces as her with the same potential visibility so she does something better than us outside of those marketplaces in selling, picking names or both.