A Day Which Will Live In Infamy -- ICANN Board approves settlement with VeriSign

[WhoDatDog]

Any asset in the world worth owning is probably worth at least $50 per year in maintenance fees (renewals). This is great news for my portfolio. If they make it too cheap to register domains then someone with hundreds of millions would register every one of them. Thank God it's not $2 to register a domain.....people would buy them and hold them forever. I want people to be put to the test when they buy a name and then have to renew. It means there is a consequence to their action.

This just makes current dotcom names that much more valuable. Most of the only names available anyway are new technology names. If the name is worth having then it is worth renewing.....the market will never get so high that registrations go down because that would hurt Verisign. See, it is self -correcting in a way. Just buy great names and you won't have to worry about anything. A price increase would only discourage the buying of CRAP NAMES.

 

[ohkus]

WhoDatDog,

I have no problem with domain pricing increasing. I have a problem with no bid contracts and Verisign using its legal muscle to push ICANN into an agreement. Verisign has proven they can not responsibly manage the .com

 

[WhoDatDog]

I just wanted to play Devil's Advocate. I think it helps the value of dotcom. The prices need to get high enough that the Registrars themselves don't have the incentive to take every name available. They manage dotcom well enough that dotcom will always be king....that's all that matters. If they open it up for bidding then some Registrar will offer the names at $2 each and then people will never think twice about registering every name they see. Someone will swoop in and take millions of names. The price now is just enough that you can't waste money on bad names. Most people are concentrating on third-string names right now anyways.....the true explosion in names will always be the top-tier names. You can't even give away many of the others. If the name is top-tier, then it is worth whatever they charge to renew.

 

[JMJ]

A price increase changes nothing as far as buying names is concerned and the current ridiculous prices paid in the drop auctions should tell you that. Registrars have plenty of time to determine if a name will cover the renewal fees during redemption. A 100% increase isn't going to change that.

As far as registering crappy names. I see alot of people (I won't mention any names) talking about other peoples crappy names on these boards who have "in my mind" alot of crappy names themselves. Thats all a matter of opinion.

And we haven't even discussed the datamining which can be sold by verisign to prove traffic data and increase demand even more. Forget about finding needles in the haystack ever again. This might look good all wrapped up in a pretty package as far as a current portfolio is concerned but once you cash out to continue doing as you do you will have to pay out the a$$ to continue.

Besides I have ALOT of real ugly domains that make lots more money than my pretty ones do every day.