- Joined
- Jan 18, 2007
- Messages
- 1,858
- Reaction score
- 78
Sure but the bottom line is you are going to have to have more and more money to buy names in this business as time goes on. Where are you going to get that money from? Parking? Revenue made from developing? Well i hope you have a second job because you gotta live somehow too. While there money to be made, no doubt many many more will fail than succeed. Not everyone can be an internet millionaire.Hello
Their are lots of good domains that businesses want to purchase and can be developed. Think about all the possibles..... All the Geo domains that are available around the world..WORLD. YOU are on the frontier of a Global Market. You all have an inside track. You are way ahead of the curve .........Imagen the potabilities and prosper @ 1K at a time;-)
Well i hope you have all your generics already as this upward swing that might make the names you have currently more valuable, is also going to cost you more to buy new ones.BT, don't worry what others think, a few of us realise that domains are generally undervalued and realise that a big swing upward is about to take place.
We are seeing the beginning of the domaining industry growing up and understanding the financial principles involved in domaining and website development and internet marketing. Up till now we belonged to a type of Gentlemans Club (and Ladies club of course) where values were generally set by artificial agreement between the members, now the real world is starting to take effect upon the market. In the real world where could you purchase a business for 1 - 3 years annual profit?
By the way this is not another DotCom bubble as many would have you think (especially those ignorant of the facts), this time it is based on cold hard cash advertising revenue!
By the way Artichoke.com was a fair price paid, but not excessive as long as you have plans for it (definately please do something, anything, just so long as you do not just park it).
PalmBeach - Well said.