closed BusinessDatabases.com -- really worth 19k ?

[taxhour]

This domain was sold for $2500 last summer.. Some experts I talked to estimated the price up to 20k.

Really ?!

 

[Theo]

Do you own it?

 

[taxhour]

Yes, I do. Why?

 

[Theo]

Because of the way you phrased things, it seems as if "it was sold" to someone and you just ping for pricing.

 

[WhoDatDog]

The name is worth zero. If you started a thread here without mentioning this appraisal thread, the name would not fetch $20.

 

[taxhour]

The name is worth zero. If you started a thread here without mentioning this appraisal thread, the name would not fetch $20.

very interesting logic

 

[WhoDatDog]

Many of the most knowledgeable domainers in the world check in here. They may not all post, but they all browse. The name would not draw a bid from them. So, if the most knowledgeable people in the world think it is worthless, then the universe in which it is worth 2k or 20K is not of this world.

If you say it is enough times and truly believe it is worth anything at all, then there is actually some truth to that. People believe in religion, and even though there is no evidence for the truth of it, the belief is real. So, keep saying it and that might make it true, in a quantum physics sort of way.

The current is worth of any asset on the planet is what someone will pay for it. List is here and watch it lay an egg. I'm talking zeroes. 0.0, nada. Your silly games with this thread still don't make it worth anything.

 

[taxhour]

ok.. now i understand, thanks that your opened my eyes.. i lived in the dark for so long .. according to you domains are only bought and sold between "the most knowledgeable domainers" ... if "the domainer" is not willing to pay for the domain, it is considered to be worthless ... which leads me to another conclusion - the whole domain market consists of only "the most knowledgeable domainers", other people simply don't care about these ".com", ".net", etc things on the internet

it seems to me that you have very limited view on business.. view limited by "the domain business" which is basically a speculators market

I really do not want to give you a lecture on business, but I think I have to and it will save a lot of money for you in the future.

The current is worth of any asset on the planet is what someone will pay for it.

This not exactly true. The value of any asset is determined by the ability of the asset to generate positive cash flow now and in the future, that is a major factor in creating an estimate of the asset price. Some people have experience limited to their own industry and are not able to estimate the asset's worth correctly. You can't estimate the value of the domain, website without knowing the real cash flow.

As for me, I am not the domainer... In fact, I am the other side of this business. I buy domains from the guys like you and build strong, long lasting businesses. I have no any desire to sell this domain.

You probably thought that I started this thread to "beef up" the value of the domain.. maybe this is what "the domainers" do.. dunno.. I am not the one. I received an estimate of 19k from a pretty successful "online business owner", Estibot.com shows 34k.. I just wanted to hear other people's opinion if it is true.

I think I received the opinion I wanted, based on your answer I understand that for "the domainers" it is worth zero.. I am fine with it, I don't really care. As I said, I am not making money by flipping the domains.

 

[ukbackorder]

* never mind just read that you don't care about anyone's opinions - I assume you would care if they agreed with you *

 

[taxhour]

* never mind just read that you don't care about anyone's opinions - I assume you would care if they agreed with you *

I think everyone would agree that nobody besides me knows better about the potential of this domain. I am the owner, I have access to all statistics related to this domain. I am the only person who knows the current rate this domain generates positive cash inflow. Therefore my own valuation of this domain name is the most realistic. All the rest are purely "guesstimates" based on who knows which factors, including the current state of the domain market .

All I wanted to know if 19k / 34k estimates from Estibot.com are correct. I see that they are not, as probably the 98% of all domain valuations.

Unfortunately, some guys started trolling this thread.

 

[Biggie]

I think everyone would agree that nobody besides me knows better about the potential of this domain. I am the owner, I have access to all statistics related to this domain. I am the only person who knows the current rate this domain generates positive cash inflow. Therefore my own valuation of this domain name is the most realistic. All the rest are purely "guesstimates" based on who knows which factors, including the current state of the domain market .

All I wanted to know if 19k / 34k estimates from Estibot.com are correct. I see that they are not, as probably the 98% of all domain valuations.

Unfortunately, some guys started trolling this thread.

i hear cognitive dissonance in your logic, young jedi





if only you.... can truly determine value, realistically --

then why does the opinion of the dark side matter?

 

[taxhour]

then why does the opinion of the dark side matter?

i wanted to see where the dark matter stand on this one ?

 

[katherine]

The dark side is in the dark.
BTW automated appraisals are a complete joke.

 

[WhoDatDog]

As a domain it is worth zero. If you build a 300 million dollar business on this name, that doesn't mean that the domain is worth any more than zero right now. It goes on year after year after year after year, where people confuse a domain name with a business.

As a domain name it is worth zero. It is a dumb name, too, so it would be foolish to try to build a great business on the name. There are far better names out there. With domain names, some people get it, and some people don't. You don't get it, but you have lots of company.

Someone listed the name TravelPlus.com the other day. Now that is a nice name, and you can imagine it being part of a great business. Now, because it fits so perfectly with the travel business, that makes the current value of the name more, even if no business is currently built on it, and even if it made zero dollars in PPC.

But your name doesn't bring anything of value to the business. It is a boring name, and easily mispelled or mistyped. Your name is worth zero because nobody starting a business concerning databases of businesses receives an advantage because of using your name, whereas someone starting a travel business gets an immediate advantage if they have a good name like TravelPlus.com. That makes TravelPlus.com worth XX,XXX right now while yours is worth zero, since your name adds no value to the business.

 

[Gerry]

The name is worth zero. If you started a thread here without mentioning this appraisal thread, the name would not fetch $20.

Um, have you been following business trends lately? Business Analytics? Predictive Analytics? Data Mining? Business Intelligence? Data Warehousing? Have you ever heard of Lean, Agile, SCRUM? Are you familiar with a company called SAS?

Thought so.

To say this thing is worth zero is keeping true to your form.

Is the logic, it has no value to me. Therefore, it has no value. Is that how you evaluate names?

 

[WhoDatDog]

If there is a one percent chance that you can sell the name to an end-user for 1K, then that makes the name pretty much worth zero in my mind. Maybe in your fantasy world where you take the best case scenario and use it as your appraisal, it makes sense.

The person who started this thread already has a few hours of effort into this name, and that is on Dn Forum alone. Imagine the total time wasted thinking about it. So, lets say that he has invested 20 hours so far on it. If his time is worth $20 an hour, he is already stuck $400. Add up his purchase price, and he is way behind, and even with a lucky sale he still loses.

But it gets worse. Suppose he sets out to find an end-user and he decides to Google some leads. There goes hour upon hour wasted. The pot of gold at the end is actually a SACK OF COAL.......or SACK OF CRAP. Understand now? Or, are you still living in an alternate reality?

With a name like TravelPlus.com, those same hours spent actually may lead to the big score, so they are not wasted in that respect. Nobody on planet earth needs the name BusinessDatabases.com enough to be willing to shell out big bucks, and that means that every hour spent trying to get a small sale is basically WASTING YOUR LIFE.

So, figure it out, or keep posting garbage. Either that, or step up to the plate and make a real money offer right now for the name, so we all know what it is worth to an uneducated person. If the name was worth real money, then OP would be receiving unsolicited emails by people looking to pay real money. Obviously, that is not happening, so he had some weird fantasy to try to validate his wrong ideas as to its worth by posting this thread.

Reality sucks when you have bad names and bad ideas.


Here is what OP said to start this thread:

"This domain was sold for $2500 last summer.. Some experts I talked to estimated the price up to 20k".


Nothing he said is relevant. The experts part is laughable, as there is zero chance that either of those so-called experts would actually offer anywhere near their appraised price. It is far more likely that these experts are just part of the OP's fantasy, and I would bet that they don't exist. He did say that the name sold for $2,500 last summer. That is irrelevant, as well, as Borders, Enron, GM, and many other companies had shares sell for higher prices before. So what. Those people who bought high were the suckers. But if it is true that the name sold for $2,500 last summer, then at least we know that the OP has said one thing that is true.

 

[Johnn]

Every name is worth zero until you find the buyer.

 

[taxhour]

Every name is worth zero until you find the buyer.

that is so true... besides those that have ability to generate some cash from parking, etc

 

[Gerry]

Nobody on planet earth needs the name BusinessDatabases.com enough to be willing to shell out big bucks, and that means that every hour spent trying to get a small sale is basically WASTING YOUR LIFE.

So, figure it out, or keep posting garbage. Either that, or step up to the plate and make a real money offer right now for the name, so we all know what it is worth to an uneducated person.

Um, no one (other than the OP) stated what it is worth other than the zeroes.

So the logic would be the only names that have value are names that you have purchased, own, and sell. Even if they do not sell on the forum, they still have value to you because you own them and therefore everyone else is wrong for not buying them because they do not see the value.

Is that what I am seeing on the forum and in your sales?

And the time you spent in this thread? Do you put a per hour basis on your time?

Simply cracks me up that every thread where you appraise the name has zero value without any real explanation with the exception of you don't own it; you don't want it; therefore it is zero? A continuation of the same comedy.

Yeah, I can dig that logic.

 

[Gerry]

Unfortunately, some guys started trolling this thread.

So, are we to assume that since you are the owner and it sold last year for $2500, then that is the amount you paid for it?

The 34K is a stretch, especially as just a domain.