- Joined
- Jan 30, 2005
- Messages
- 287
- Reaction score
- 3
02.55 am over here ...
I have the idea slaich2000 doesn't mind this discussion.
Our mod hasn't kicked us off yet.
So, here goes:
There are no crap domains, no crap houses, no crap cars ...
There is no such thing as objective value estimation.
From the moment that choice of used parameters is possible, a method is not scientific.
It is subject to manipulation and interpretation.
Do not mistake:
Value is what something is worth at a certain moment for some reason to an individual or a group.
"Fair Market price" doesn't exist.
The term has been thrown in economy books for some obscure reason.
Buyer, "Willing" and "Ready" and "Without Pressure" is nonsense.
Nobody buys anything without a reason, impulsive or not.
And sometimes people buy something while they have choice to not do it, don't really want to do it, but feel they have to do it.
That's fair?
For instance: Prices on a market can vary during market hours.
Some things get cheaper as time goes by.
Other things get more expensive.
What's fair?
If an individual or group accepts certain ideas about a given item, relationship, whatever, then the individual/group may believe something has a value that can be very different from the viewpoint of another individual/group.
Everybody can set up a valuation system and promote it as a standard.
Sellers and buyers are free to accept or reject advice.
It's seller's and buyer's money.
Look at domain appraisers:
I found not one transparent appraising method.
They say they use ...many parameters for their scientific "academic" methodology.
They sum up a number of things taken into their comparisons.
But where are the formulas?
Ah, yes: Insider information, of course.
I say:
Value estimation can never be scientific, simply because it is not objective and cannot be reproduced under identical conditions.
A domain can be sold and resold several times in a short time.
Each buyer pays what it takes, and wins or looses.
It is similar to antiques selling, stock market trading, etc.
Horse race gambling?
It takes some knowledge about product and players.
But, in the end, nobody knows what comes.
Not 100% correct maybe, but quite well explained:
It is not about product.
It is about market.
It is not about domains.
It is about buyers.
What's crap for one, may be gold for another.
Some people go for new building.
Some people go for renovation.
Why? They think they know. Anyway: Who cares?
Some people believe, following their own motivation, why it is not suitable for who knows what.
Subjective to those people, and it's okay.
Other people might well have an idea about how to use the domain, and that is just as right.
It is a matter of subjective approach.
The more people say what they think, the more trends could be found.
There are no crappy domains, because domains have no value.
Domains can have any value, depending of the people valuating them.
Frankly, I have no immediate use for zer0blivion.com.
That doesn't mean I won't get a sublime idea later this day, tomorrow or never.
No, zer0blivion.com "is" not crappy.
It could be used for several purposes.
I think I would not start up a "zer0blivion" company.
Unless it would get me some ROI.
But, dear friends, wouldn't we then all bid on it?
This said, Yes, I think there is money in domaining.
But it takes some work and some luck.
I cannot predict the future.
What's going to work?
Who knows.
slaich2000's father is right, in his belief.
It is his belief.
Thanks for Your patience.
Johnny
I have the idea slaich2000 doesn't mind this discussion.
Our mod hasn't kicked us off yet.
So, here goes:
There are no crap domains, no crap houses, no crap cars ...
There is no such thing as objective value estimation.
From the moment that choice of used parameters is possible, a method is not scientific.
It is subject to manipulation and interpretation.
Do not mistake:
Value is what something is worth at a certain moment for some reason to an individual or a group.
"Fair Market price" doesn't exist.
The term has been thrown in economy books for some obscure reason.
Buyer, "Willing" and "Ready" and "Without Pressure" is nonsense.
Nobody buys anything without a reason, impulsive or not.
And sometimes people buy something while they have choice to not do it, don't really want to do it, but feel they have to do it.
That's fair?
For instance: Prices on a market can vary during market hours.
Some things get cheaper as time goes by.
Other things get more expensive.
What's fair?
If an individual or group accepts certain ideas about a given item, relationship, whatever, then the individual/group may believe something has a value that can be very different from the viewpoint of another individual/group.
Everybody can set up a valuation system and promote it as a standard.
Sellers and buyers are free to accept or reject advice.
It's seller's and buyer's money.
Look at domain appraisers:
I found not one transparent appraising method.
They say they use ...many parameters for their scientific "academic" methodology.
They sum up a number of things taken into their comparisons.
But where are the formulas?
Ah, yes: Insider information, of course.
I say:
Value estimation can never be scientific, simply because it is not objective and cannot be reproduced under identical conditions.
A domain can be sold and resold several times in a short time.
Each buyer pays what it takes, and wins or looses.
It is similar to antiques selling, stock market trading, etc.
Horse race gambling?
It takes some knowledge about product and players.
But, in the end, nobody knows what comes.
Not 100% correct maybe, but quite well explained:
It is not about product.
It is about market.
It is not about domains.
It is about buyers.
What's crap for one, may be gold for another.
Some people go for new building.
Some people go for renovation.
Why? They think they know. Anyway: Who cares?
Some people believe, following their own motivation, why it is not suitable for who knows what.
Subjective to those people, and it's okay.
Other people might well have an idea about how to use the domain, and that is just as right.
It is a matter of subjective approach.
The more people say what they think, the more trends could be found.
There are no crappy domains, because domains have no value.
Domains can have any value, depending of the people valuating them.
Frankly, I have no immediate use for zer0blivion.com.
That doesn't mean I won't get a sublime idea later this day, tomorrow or never.
No, zer0blivion.com "is" not crappy.
It could be used for several purposes.
I think I would not start up a "zer0blivion" company.
Unless it would get me some ROI.
But, dear friends, wouldn't we then all bid on it?
This said, Yes, I think there is money in domaining.
But it takes some work and some luck.
I cannot predict the future.
What's going to work?
Who knows.
slaich2000's father is right, in his belief.
It is his belief.
Thanks for Your patience.
Johnny