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- May 15, 2005
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originally domains were FREE for awhile I forget the year but I am thinking like 89'.....down here in south florida the IBM world headquarters was in boca raton at the time, right down the street from where I live and supposingly those guys were all WAY ahead of the game and got ALOT of the two letter and three letter .coms as well as many priceless generics, IBM was at the cutting edge of computers and technology at the time and everyone was on the good old 386 IBM desktop models...remember how long it would take just to load a webpage?!?! LOL if we had broadband back then I think I would have gotten alot more done and been able to figure alot more out, I thought my 14.4k modem was so fast at the time, when 28.8k came out it was like a revolution! Also, remember there was no "domain market" and no info forums and no big domain sales to make everyone go try to register all the gems before the pack...ebay had just come out and only a few people were selling stuff with just text ads and you had to send a money order, it seemed nuts at the time and I even remember talk of how crazy an online auction was and it couldnt be trusted (maybe not then))...hehehe, this was before Paypal and other online payment services and even the act of just registering a domain online using a credit card was highly suspect as the general consensus was that your information was very unsafe online, this was back when aol 2.0 and 3.0 was out and people were on the internet stealing account information left and right, hell thats how almost everyone got online at the time was with AOL. If I could only go back, if I could only go back! I remember a close friend who was older than me started telling me about domains and he had read something somewhere they would be valuable "one day" at his house I checked "fishing.com" and it was available in .com and .net, why I did not register it is beyond me but I was in my teens at the time and didnt just have a credit card handy to get names on a whim, and $40 was kinda steep for a kid back then, even here in south florida where the larger part of the internet boom occured - just remember that people who ARE NOT online now in this domain name game like we are, will most likely be saying the same thing though in another 10 years from now, (maybe less)so try to think like it's 10 years from now but do all those things now. It really is virtual realestate and for now at least its a wide open market with alot of good .com's still not taken! It's NEVER TOO LATE to have a breakthrough idea!
Chris
Also, take my advice, I have put much thought and research into it and I can firmly predict that 4 letter .coms will be just as valuable in 5 years as 3 letter ones are now...it's easy to see if you think about 2 letter .coms being worth about 20k a few years ago and now you can't touch one for less than about 100k with most being more like 500k to a mill.
2 years ago you could buy almost any 3 letter .com you wanted for maybe a few k max, now they are hitting six figures! There are not many good undeveloped 3 letter domains to go around and in fact ALOT of companies can use 4 letter domains and you can apply many potential meanings to alot of 4 letter combos, there will always be a big market for the shortest .com domains possible and soon 3 letter .coms will be out of the normal grasp of almost everyone but the big capitol venture groups and fortune 500 companies who own most of them now and also companies that will have them forever and use them for business, those who were holding names have long since sold them off and the next big ticket is 4 letter domains and they are almost all gone. It is just the logical progression from 2 letters to 3 letters and then 4 and so on and so forth...how easy do you think it will be to get a four letter .com in 5 years? The day they go extinct (which will be soon) the market will take a huge leap in value for them, and thats not far off with some big domain speculators registering hundreds at a time and people like elequa with their own registrars who might possibly just take them all in one shot. I have recently hand reg'd over 80 of them with VERY GOOD letters and even repeaters from drop lists, just get yourself at least 10 good ones no matter what and hold on to them for a few years...riches await us all if we use the past to pattern the future, it's almost an exact science. :evil:
Chris
Also, take my advice, I have put much thought and research into it and I can firmly predict that 4 letter .coms will be just as valuable in 5 years as 3 letter ones are now...it's easy to see if you think about 2 letter .coms being worth about 20k a few years ago and now you can't touch one for less than about 100k with most being more like 500k to a mill.
2 years ago you could buy almost any 3 letter .com you wanted for maybe a few k max, now they are hitting six figures! There are not many good undeveloped 3 letter domains to go around and in fact ALOT of companies can use 4 letter domains and you can apply many potential meanings to alot of 4 letter combos, there will always be a big market for the shortest .com domains possible and soon 3 letter .coms will be out of the normal grasp of almost everyone but the big capitol venture groups and fortune 500 companies who own most of them now and also companies that will have them forever and use them for business, those who were holding names have long since sold them off and the next big ticket is 4 letter domains and they are almost all gone. It is just the logical progression from 2 letters to 3 letters and then 4 and so on and so forth...how easy do you think it will be to get a four letter .com in 5 years? The day they go extinct (which will be soon) the market will take a huge leap in value for them, and thats not far off with some big domain speculators registering hundreds at a time and people like elequa with their own registrars who might possibly just take them all in one shot. I have recently hand reg'd over 80 of them with VERY GOOD letters and even repeaters from drop lists, just get yourself at least 10 good ones no matter what and hold on to them for a few years...riches await us all if we use the past to pattern the future, it's almost an exact science. :evil: