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I think it was decent for both buyer and seller
 
Personally I think that is too much to pay for a domian name. Money better spent on living then on inconsequential items that are also intangible.

my 2 cents
 
I think $50,000 would be more proper.
 
taheria said:
Personally I think that is too much to pay for a domian name. Money better spent on living then on inconsequential items that are also intangible. my 2 cents

$150,000 to some is like $150 to others.

A person could make a living on a domain name like news.net
I would hardly call a domain name like that 'inconsequential' or
'intangible'. The money the new owner will make with it will
be very real. Domains are the real estate of cyberspace and
that was a prime piece of land...
 
yes, well worth it for buyer and seller!
 
hugegrowth said:
$150,000 to some is like $150 to others.

A person could make a living on a domain name like news.net
I would hardly call a domain name like that 'inconsequential' or
'intangible'. The money the new owner will make with it will
be very real. Domains are the real estate of cyberspace and
that was a prime piece of land...

I think this may be a record for a dot net. Wonder how much the dot com would fetch?

Best Regards
Dave Wrixon
 
taheria said:
Personally I think that is too much to pay for a domian name. Money better spent on living then on inconsequential items that are also intangible.

my 2 cents

And I think you are on the wrong website :)
 
taheria said:
Personally I think that is too much to pay for a domian name. Money better spent on living then on inconsequential items that are also intangible.

my 2 cents

I get sick of this kind of comment from people who have little or no understanding of economics. The wealth in any economy is made up largely of asset values. Paper money only accounts for a tiny percentage and even then in theory it is backed by assets such as gold.

If people spend money on domain names that money isn't lost to the economy as though it goes down some black hole. The over all size of the pot swells as an asset is created from fresh air. That money can then be redistributed throughout the economy and is. Some of this money almost certainly ends up going to good causes, but not generally as a result of bleeding heart liberals spreading their poisonous nonsence on this site.

Best Regards
Dave Wrixon
 
At $150k went too cheap. I'd value it at 1/2 million dollars.
 
dwrixon said:
I would love to see dot nets going for that kind of money!

Best Regards
Dave Wrixon
yes, me too.
I cannot believe that WebDesign.net was sold for only $20k
 
thats a good sale for a .net extention.

news.network how appropriate

The higher the prices, the better for the whole domain industry. I will not bag anyone that buys a domain names at that price or even more, I would say thank for adding value to this industry.


:approve:
 
hugegrowth said:
$150,000 to some is like $150 to others.

A person could make a living on a domain name like news.net
I would hardly call a domain name like that 'inconsequential' or
'intangible'. The money the new owner will make with it will
be very real. Domains are the real estate of cyberspace and
that was a prime piece of land...

I couldn't agree more with you. Domains really are the "real estate" of cyberspace. It's how people find companies, individuals, etc. Just like how people and business have a unique physical address, having a unique domain name ensures the ability for them to be found online.
 
I think the seller got ripped off personally. That is worth more than a million. Heck...I would pay $150,000 for it. That is a bargin indeed!
 
For this .net, the price was a substantial bargain. I would agree with mid $xxx,xxx to $x, xxx,xxx+.
 
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