Thanks for your opinion WhoDatDog but just because it dropped that doesnt mean it is worthless. 95% of the domains I own have been off drops and many have resulted in $X,XXX sales to end users. As far as traffic is concerned, the fact that it was dropped doesnt indicate that there was no traffic or even the fact that it has no value, just last week i registered Fortun dot net and that gets 20+ hits a day, as does MyMarshall dot com - both hand regs off the drop.
I dont ever register hacks as i too believe they are worthless but i decided to take a $7 gamble, there are worse ways to spend $7
Yes, I agree that the fact that it dropped does not necessarily mean that this name is worthless. But it is a piece of the puzzle, and being the name that it is, it is safe to assume that the previous owner had the same mindset as you initially, yet at the end of the day decided it was not worth renewing. I guess he could have dropped dead, as well.
I have registered far worse names myself, so you are not alone. And yes, there are worse things in the world to do with $7. These names do not get legitimate traffic and the game is played out. If this was 6-7 years ago when people weren't sure if someone would type the zero instead of the O, then that might be a gamble worth taking, but that issue has been settled for many years.
There are people who might be of the same mindset as you, so you have three options: 1) Spend money renewing it year after year, 2) Delete it now and cut your losses, or 3) Find someone who wants to buy it off of you.
---------- Post added at 03:19 PM ---------- Previous post was at 03:01 PM ----------
I'm curious about this statement you made...
is that how you view your names and portfolio as well?
No, I believe in honest "arm's length" transactions. There are a number of reasons to sell a name, but the end result is that the seller, at that particular time, would rather have the cash than the name. How the seller arrives at that decision is another story.
I do believe that most of the loser names like .co or .mobi, etc. that there is an understanding by known domainers that they are speculative names. Anyone with legitimate domain knowledge who pushes these loser names onto newbies is a low-life in my opinion. If people want to trade names back and forth and forth and have fun with the pump and dump games then there isn't much you can do about it, but once people start creating fake sales or touting these names to new people in the business then those people are permanent scumbags in my opinion, and I wish them no success, love, or happiness for the rest of their lives.
It is pretty simple, really. You are either engaging in honorable conduct or you are not. If it isn't honorable then you are a low-life. In my opinion anyone who offers paid appraisals should rot in hell. They wouldn't guarantee you 1/10th of what they are appraising, so the appraisal is meaningless, and they know it. It is geared to taking advantage of new people in the business.
The other thing that makes people low-lifes is the FACT that every single person here has seen scams being pulled left and right and yet people rarely stand up and call people out on it. On almost every forum you are allowed to lie and make material mis-representations about things, and yet when these people are caught they mostly just have to apologize or "right the wrong" by canceling the deal or refunding the money. It is kind of like Wall Street in that respect.
It is fine to get excited about your names and it is fun to daydream, but the ethical lines get crossed every day because the show must go on. Didn't Snap Names turn out to be a total fraud for many years? Turn the page and blame a rogue employee. What about all of the fake sales that have been listed at Dn Journal through the years? Why hasn't anybody done a front-page article about the scammers? Because when people make money they don't want to expose the cheats, since it might hurt business.
Domaining can be fun and profitable, but there are lots of people who push the limits in everything that they do, and it can ruin the experience and enjoyment. My favorite scam that is hard to prove is when someone lists a name in a thread and puts up a price, then says that they have a bid for X amount on another forum or by PM....then later it gets sold for less than the alleged bid. I have seen people do this for 5 figure names on this forum. You see stupid comments like....."I have a bid for 22k......buy it now for $24K", then the name gets sold for 17k a few weeks later and the posts are deleted.
Just say no to things that are WRONG.
But I took a chance with this reg and just wanted to know if it may have any value...its the closest thing to NewYork that I can think of - even looks similar...no traffic stats yet.
