Top.com on Sedo auction

[Focus]

So why is everyone typing it in then?

 

[TheLegendaryJP]

So why is everyone typing it in then?

You really want my opinion... ok

1) You cannot factor out that number being " helped " along the way.
2) Most bigger players or buyers I should say tend to lack common sense. Yes I know they have money and power therefore they know domains better than you or I, in fact if you take cruises and drive ferrari's you know what it takes to buy and sale.. come on they have money and jumped on a train plain and simple. Furthermore the big players of this industry got in DIRT CHEAP and wouldnt pay YOU or I a fair price for anything. They buy at auctions on occassion to wave their stick around and thats it. For year these " players " have grossly and idiotically over paid at drops for names available HERE at dnf they wouldnt touch for 1/3 the price. They opperate imo as most failing corporations and I bet many will pay for these transgressions and lack of business sense.

Want me to name names lol j/k I wont go that far but everything I said is TRUE...the very people most look up to are morons.

 

[lordbyroniv]

I always wonder how bonkers is doing on his 28k purchase of artichoke.com back in 2006-07

Thats a lot of artichokes he will be needing to sell

 

[TheLegendaryJP]

I always wonder how bonkers is doing on his 28k purchase of artichoke.com back in 2006-07

Thats a lot of artichokes he will be needing to sell

The most basic of examples of the stupidity is acronyms. When you could buy here at dnf for $1k, they ( bigger players, not smarter clearly just bigger ) were paying $1500+ and on and on and on. Not once have I seen those groups go to a board and buy them for $1k etc. It was VERY poor money mangaement and for a VERY long time. It crossed all lines com/net/org etc, generics, acronyms, two words!!!!. I am not saying ALL buys were bad or these guys dont ever resale or get a roi via parking but they could have done MUCH better and made MUCH more watching their pennies. Instead you are dealing with VC's and groups who jump in and buy buy buy. They are NOT real domainers and imo likely lack the simple skill of evaulation. This includes many well known domainers and I fault them because you cannot call yourself a KING/PRINCE/PIONEER etc and pay 100% more on a drop for a name than you could have got on a forum and nevr go to said forum to invest. I dont want to generalize but when you follow the trend it is a fact that MOST fit this category and I know of some who are suffering now.

I think a big issue is when one plays with others money they lose half their brain. As for bonkers, when some of these guys did very well on typo names for so long they have cash to play, again though not having the basics down of generics or real sense of values they tend to over pay. They know typo's sure but most of their genric buys are laughable. I had a small insight in that world, they lack the understanding of pricing generics. They know one thing, I double my money in 12-24 months, good. Now they own genrics worth half what they paid ( IF ) and businesses like buydomains own LLL .nets they paid as much as what a .com gets now lol


The irony is I am not complaining

The shift I have seen over all is down, generics ( 5 figure + ) are selling based more so ( almost entirely on revnue and not the 10+++ yrs we enjoyed in years prior when people used to advertise that in their sig ). The newer trend is 5-7 yrs for good generics nd of course always exceptions to the rule, huge genric sales will take place and yes some deserve it and some to end user's are justified. As for acrnoym I think everyone knows where that is at.

 

[copper]

I just remembered one niche for TOP.com
There was cigarette rolling paper called TOP years ago.
Do they still sell those?
Maybe they are trying to buy TOP.com

 

[Focus]

Amazing JP, because all the generics I sell are usually in the 15 year + rev range with some in the 20,25 year range...of course that kind of money is only paid for top names.

Remember, the Internet is going to be here in 20 years..I can guarantee it. What you can buy today for 10k will literally be extinct in 5 years, maybe less. A few years back LL.com with good letters could be had for a fraction of their value now. Yes, not many are selling for HUGE money now because they have been all bought up already for the most part. Domainers that spent 40k on them sold for 150-300k each, some much more. Thus, values will go up, with big traffic - up even more. Not everyone is making their money in the short-term domain flip game. Compared to stocks and other "growth" industries, there is no better market for overall long term growth than generic traffic domains. Top.com has alot of potential target audiences and big possible end-users and buyers. Also, do not miss the novelty value of owning the "top.com" the potential brand is huge, it's an unforgettable short LLL.com powerful 1 word domain.
It's kinda like being a really rich pothead domainer and owning weed dot com or something, even if it costs 5 million dollars...lol

Some people just decide they want something and there is nothing to stop them from having it. This is not everyone's reality, just some. It's a nice name imo, would not be suprised to see it fetch 200k.

 

[TheLegendaryJP]

What can I say, its not 2004-5-6-7 anymore. Ride the waves and coasting through as I agree times will change again. For the time being Ill stick to more educated $XXXX+ sales and relax a bit. Hard to lose your shirt at $5k, its another at $50k.

 

[FormerDnForumer]

Top.com is not a particularly good prime generic, despite being three letters. Too vague. The traffic is sure to be mostly garbage, conversion-wise.

It's probably "worth" where it's at now, about $100k++. Beyond that, it's end user time.

 

[EG.domains]

Current Bid: 106,000 EUR ($140,556)

12 hours 8 min left ...

 

[A D]

I will chime in here and say I think the domain is well above it's value now,

A good deal here for the seller if the buyer actually pays.

-=DCG=-

 

[chillking]

I think the auction ends at a weed time if i owned that name i would want it in a top auction traffic in new york or somthin. And i would want a nice reserve not $80k i think the owner has made a big mistake with the auction and the reserve price .

 

[therunner]

I agree with JP...; I have seen some ridiculous names sold for ridiculous prices even without traffic. Most broker companies want to show xyzdomain was sold for some high price in order to inflate or show how good the traffic is for that domain or how good sellers they are, when the reality is other. you deserve what you pay, but pay high $$$$$$$$ for stupid domains:?:... everything will be back to normal. I am one of the a few who doesn't believe in those sales...they are increible and good domain names sold for very little or in bargain in this forum and they are not in the news...why are those big companies taking about the sale but never say about the quality....in a few words... it is all about business, the aftermath is not important...

 

[Alexx]

I will chime in here and say I think the domain is well above it's value now,

A good deal here for the seller if the buyer actually pays.

-=DCG=-

Do you think it isn't worth even 150k usd? Hm.. it's short, nice and could be refered to any product group or several product groups.

 

[Stian]

€355,000 EUR now and two guys are still bidding.

 

[Sonny Banks]

€355,000 EUR now and two guys are still bidding.

Wow!

 

[walt25]

The TOP.com auction over at Sedo just ended (as I am writing this). It was a bidding war between tow bidders that lasted for an hour. The final bid ended in €357,500, which would almost be $470,000. Nice !!

It´s a nice sale for a top three letter dot com. Lets just hope the sale goes through. It´s good to see solid numbers for dot coms.

Congrats to seller and bidder!

 

[britishbulldog]

Yeah i just missed out on that gem.......;-)

 

[PRED]

solid sale for a solid name. a great name!

i didnt think would get this much in this climate, so am pleased

 

[Sonny Banks]

Super great sale!!
Beautiful domain.

 

[TheLegendaryJP]

That is going to be alot of top's lol