Your Favorite Domaining or Internet Quote

[thegenius1]

List your Fav Quotes pertaining to our Sector.


"Domains have and will continue to go up in value faster than any other commodity ever known to man." (07/05 Bill Gates, Microsoft)


" If the internet was Invented in Japan , How Would you feel about typing in Japanese characters to access " Namepros.com " 日本語.com on a daily basis "

 

[Damion]

''I've wasted domains now don't let domains waste me''

Domainspeare

 

[Smith]

"Domains have and will continue to go up in value faster than any other commodity ever known to man." (07/05 Bill Gates, Microsoft)

That was Rick Schwartz, not Bill Gates.

 

[Morph]

The early bird catches the drop.

*No idea*

 

[slaughterbeck]

That was Rick Schwartz, not Bill Gates.

I think that was a suggestion that Rick Schwartz is the Bill Gates of domain names. Just not as charitable.








Best wishes,
Kimmy

 

[Phronesis]

"I invented the internet." - Al Gore

 

[Grrilla]

Not having any, (other than Gore's), close at hand, I had to look some up:

Profound:
“Today, you always know whether you are on the Internet or on your PC's hard drive. Tomorrow, you will not care and may not even know.”-Bill Gates

Comic:
“While you are destroying your mind watching the worthless, brain-rotting drivel on TV, we on the Internet are exchanging, freely and openly, the most uninhibited, intimate and, yes, shocking details about our "CONFIG.SYS" settings.”Dave Barry"

Tragic:
“It's important for us to explain to our nation that life is important. It's not only life of babies, but it's life of children living in, you know, the dark dungeons of the Internet.” Bush Jr

“Will the highways on the Internet become more few?” Bush Jr

 

[-Raja-]

"I do believe thou - The Internet is the largest Scam on Earth."--someone on the other forum

 

[VisualArtistFrankBonilla]

I can't believe

"I can't believe I was able to reg this domain. This domain is going to make me $XXX,XXX!!!!"

Many of us at NamePros!!


Frank :hi:

 

[maximum]

Not exactly domaining or internet specific, but a great point about computing...And, very much the truth:

I think computer viruses should count as life. I think it says something about human nature that the only form of life we have created so far is purely destructive. We've created life in our own image.
---- Stephen Hawking (physicist who's writings inspired many to see the world, time, and our very existance in a whole new light)

 

[Grrilla]

"I can't believe I was able to reg this domain. This domain is going to make me $XXX,XXX!!!!"

Many of us at NamePros!!


Frank :hi:

:hehe: That one tops a long list of "pearls of wisdom" that have been passed onto us by our fellow NP members.

This thread has inspired an idea for another, allied, topic. "Become Famous! Get Quoted! Post Your 'Original Quatables' Here!" I'm going to see if it will fly.

 

[Dr. Domaining]

I like this one myself:

"Domains have and will continue to go up in value faster than any other commodity ever known to man." - Rick Schwartz

 

[Cookies]

"I don't need a weapon, I AM one"
~Chuck Norris.

 

[Grrilla]

"Domains have and will continue to go up in value faster than any other commodity ever known to man."

I don't want to rain on his parade ot cast dispersions upon our enterprise but the Schwartz battle cry leaves much to be desired, IMHO.

1) Commodity? Yes, in the broader sense. In the same sense as commodities that are traded on the NYSE, Chicago Commodities market etc.- No.

2) "have and will continue to go up faster"- this statement is vague and general enough, that it could be shown to be true by using carefully selected statistics. Will the prices of LLL domains, (the most, easily, measured group), continue an upward spiral and appreciate 1000% over the next 5 year span? (roughly, their rate of appreciation over the past 5 yrs.) If so, most .com LLL domains eill be worth $300,000 -$1,000,000 come 2011. And what % of the 6,006,654* registered .com/.net/.org domains do you figure he is referring to? I am assuming that he is leaving out the vast majority of the 37,925,860 domains that were deleted from the com/net/org registries- the ones that were droppe and not renewed. * (figures posted by eleteddomains.com) figure).

3) Top to bottom real estate, (I am using his broad definition of commodity and oil), would appear to have grown faster, than, domain names, unless one is limiting their view to a selective group of sales..

4) "...ever known to man."- his profound pronouncement is, truly, quotable and is the most stirring element of the quotation.

 

[Dr. Domaining]

I don't want to rain on his parade ot cast dispersions upon our enterprise but the Schwartz battle cry leaves much to be desired, IMHO.

1) Commodity? Yes, in the broader sense. In the same sense as commodities that are traded on the NYSE, Chicago Commodities market etc.- No.

2) "have and will continue to go up faster"- this statement is vague and general, enough, that it could be shown to be true by using carefully selected statistics. Will the prices of LLL domains, (the most, easily, measured group), continue an upward spiral and appreciate 1000% over the next 5 year span? (roughly, their rate of appreciation over the past 5 yrs.) If so, most .com LLL domains eill be worth $300,000 -$1,000,000 come 2011. And what % of the 6,006,654* registered .com/.net/.org domains do you figure he is referring to? I am assuming that he is leaving out the vast % of the 37,925,860 domains that were deleted from the registry and not renewed. * (figures posted by eleteddomains.com) figure).

3) Top to bottom real estate, (I am using his loose definition of commodity and oil would appear to have grown faster, than, domain names, unless one is looking, only, a selective group of sales..

4) "...ever known to man."- his profound pronouncement is, truly, quotable and provides the most stirring element of the quotation.

What else has gone from practically worthless to worth $5,000,000 in just five years time like Ringtones.com for example? The growth is just unfathomable.

 

[Long-EZ]

The Smart One!

The world makes a lot more sense when you remember that Butthead was the smart one.

 

[sker]

"Our Grandparents made fortunes on Real Estate, We make fortunes on Virtual Estate. they Didn't Lose money on their estates but i did" - Its me

 

[Damion]

"Can i download the internet?"........

 

[Grrilla]

What else has gone from practically worthless to worth $5,000,000 in just five years time like Ringtones.com for example? The growth is just unfathomable.

I am not questioning the staggering ROI for many domain name sales. (Market growth/appreciation is another issue.) Even a $500 sale of a domain that had an investment outlay of ,say, $21 in reg and renewal fees over the past 3 yrs is a whopping profit. In that context, I am fine w/ his pronouncement. On the other hand, the statement could be misleading because it trains it's sights on the shining successes that are enjoyed by a limited % of domain name marketers who are dipping into a pool containing a limited number of names. Their success does not equate or, necessarily, transfer over to the vast majority of domainers and it does not apply to the vast majority of domain names which represent a negative return on investment. I equate my chances of having a windfall profit that is "unfathomable" in scope with doubling up between rolls on a craps table during my 20 roll streak and, than, landing on the number. The potential for riches is, indeed, unfathomable but the odds hitting a $5,000,000 pay day are, also unfathomable without spending 5,000,000 or more to get there. They are as slim as the odds of me spending $1,000,000 for a domain and, than, being able to sit on it for 5 years or, for however long, it would take me to sell the domain for $6,000,000 to realizel a $5,000,000 ROI.

I am not disputing that "thar is gold in them thar hills." I am cautioning that "all that glitters is *not* gold."

Sitting down and eating dinner at the same table that the Rockefellers are dining at, does not make you a Rockefeller. You can imagine yourself to have the success of a Rick Schwatz and ,even, sit at his banquet table during a a convention. This, however, does not mean that you are going to enjoy the same level of success or see the same ROI that Rick Schwarz has enjoyed- the level of success that he, no doubt, is referenceing in his comment.

That being said, move over and hand me the dice. I will continue playing the "yoleven" but will place most of my bets on the 6's and 8's. Lower payouts, better odds and realistic expectations.

 

[Dr. Domaining]

I am not questioning the staggering ROI for many domain name sales. (Market growth/appreciation is another issue.) Even a $500 sale of a domain that had an investment outlay of ,say, $21 in reg and renewal fees over the past 3 yrs is a whopping profit. In that context, I am fine w/ his pronouncement. On the other hand, the statement could be misleading because it trains it's sights on the shining successes that are enjoyed by a limited % of domain name marketers who are dipping into a pool containing a limited number of names. Their success does not equate or, necessarily, transfer over to the vast majority of domainers and it does not apply to the vast majority of domain names which represent a negative return on investment. I equate my chances of having a windfall profit that is "unfathomable" in scope with doubling up between rolls on a craps table during my 20 roll streak and, than, landing on the number. The potential for riches is, indeed, unfathomable but the odds hitting a $5,000,000 pay day are, also unfathomable without spending 5,000,000 or more to get there. They are as slim as the odds of me spending $1,000,000 for a domain and, than, being able to sit on it for 5 years or, for however long, it would take me to sell the domain for $6,000,000 to realizel a $5,000,000 ROI.

I am not disputing that "thar is gold in them thar hills." I am cautioning that "all that glitters is *not* gold."

Sitting down and eating dinner at the same table that the Rockefellers are dining at, does not make you a Rockefeller. You can imagine yourself to have the success of a Rick Schwatz and ,even, sit at his banquet table during a a convention. This, however, does not mean that you are going to enjoy the same level of success or see the same ROI that Rick Schwarz has enjoyed- the level of success that he, no doubt, is referenceing in his comment.

That being said, move over and hand me the dice. I will continue playing the "yoleven" but will place most of my bets on the 6's and 8's. Lower payouts, better odds and realistic expectations.

You can't compare domaining to gambling. Domain names are not lottery tickets, they are virtual Internet properties and just like physical property (land, houses, etc.) they are investments. It is all about the location, you can buy an acre of land in a part of the world where you will never see a return on your investment in a lifetime or you can be smart and buy it in a location where the odds are in your favor. With domains it is no different. Why do you think Yun Ye was capable of selling his portfolio for $162,400,000? Because his domains were located in the right location of the Internet. If they weren't he wouldn't have been successful. With that said, no matter what you invest in if you don't know what you are doing chances are you won't be successful, so before investing so much into something educate yourself to the best of your ability and you will stand a much better chance. Rick Schwartz is not the only one making money in domaining, many people have made the same ROIs that he has. Just because some land isn't a good investment doesn't mean that another piece of land isn't a good one and the same can be said for domains (stocks, businesses and the list goes on and on).