- Impact
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I don't know why people get so excited over the 3 letter domains since there are 87,880 of these .com/.net/.biz/.info/.us ones.
I heard that someone recently bought thousands of 4 letter Dot-Coms hoping to make a killing from reselling them. I wonder if he knew how to factor 26X26X26C26 (456,976 of them).
I wonder if anyone has recognized how many dictionary words there are in the English language, too. Given this large number, I cannot imagine why people think that just because a domain is a dictionary Dot-Com it must be worth a lot of money. Now don't forget the people who put two dictionary words together and think that the resulting domain is worth something. Try factoring 456,977X456,976. (maybe a quarter of a billion possibilities).
I think the Dot-Com boom's Greatdomains.com's sensational sales of a few dictionary domains years ago ruined us all. Let's face it, there will never be another such period. Granted, a few domains have recently sold for some big bucks, but these domains are related to a proven area of business. In short, dictionary domains are worth money if they concern already successful brick and mortar business areas that are capable of being sold via the Internet. Otherwise, they are just novely items.
Okay, so celebritypoker.com went for $17,200 recently at namewinner. Maybe the TV show Celebrity Poker bought it.
My point to all of this is that I think that the domain speculators are the ones who have driven up the cost of the domains. If they would go away then we business people could get a good domain for the price of registration.
So, does anyone really know somebody who has made a lot of money from domain sales other than by selling them to other domain speculators?
I remember back in 1994 I had just gotten my real estate license and got on the Internet to look around. I came across a web site that offered domains for I think $50 a pop, but you had to place your order and they would manually fill it the next day. The domain I was interested in was loans.com but was talked out of it by my roommate Vicky's boyfriend who convinced me that domains were just a vanity item and not very useful otherwise. Ahh, the mistakes we make in our youth.
On a closing note, for those of you who worry about Dot-Coms going by way of the 8-track, just remember, they are addresses like your telephone number and television channels, and how long have they been around?
I heard that someone recently bought thousands of 4 letter Dot-Coms hoping to make a killing from reselling them. I wonder if he knew how to factor 26X26X26C26 (456,976 of them).
I wonder if anyone has recognized how many dictionary words there are in the English language, too. Given this large number, I cannot imagine why people think that just because a domain is a dictionary Dot-Com it must be worth a lot of money. Now don't forget the people who put two dictionary words together and think that the resulting domain is worth something. Try factoring 456,977X456,976. (maybe a quarter of a billion possibilities).
I think the Dot-Com boom's Greatdomains.com's sensational sales of a few dictionary domains years ago ruined us all. Let's face it, there will never be another such period. Granted, a few domains have recently sold for some big bucks, but these domains are related to a proven area of business. In short, dictionary domains are worth money if they concern already successful brick and mortar business areas that are capable of being sold via the Internet. Otherwise, they are just novely items.
Okay, so celebritypoker.com went for $17,200 recently at namewinner. Maybe the TV show Celebrity Poker bought it.
My point to all of this is that I think that the domain speculators are the ones who have driven up the cost of the domains. If they would go away then we business people could get a good domain for the price of registration.
So, does anyone really know somebody who has made a lot of money from domain sales other than by selling them to other domain speculators?
I remember back in 1994 I had just gotten my real estate license and got on the Internet to look around. I came across a web site that offered domains for I think $50 a pop, but you had to place your order and they would manually fill it the next day. The domain I was interested in was loans.com but was talked out of it by my roommate Vicky's boyfriend who convinced me that domains were just a vanity item and not very useful otherwise. Ahh, the mistakes we make in our youth.
On a closing note, for those of you who worry about Dot-Coms going by way of the 8-track, just remember, they are addresses like your telephone number and television channels, and how long have they been around?
