Definately. The quality has dropped, but the money keeps flowing at the same rate.. We've seen quiet times in the past, so it will probably pass..mole said:Yes, it does "seem" that way. The worrying part is that people seem to be paying good money for junk or tm trips. Is it because buyers are bored?
Sharpy said:And don't even try to use your desktopapi with enom in the hopes that you might get lucky and grab a gem. eNom has closed its doors to those applications during the daily drop period now.
lionheart said:The proliferation of gTLDs is another factor to be considered. So far ICANN have been (in my opinion) deliberately slow about expanding the namespace, but they have now adopted a process which must inevitably lead to a criteria-based expansion, rather than just *selecting* a few TLDs like .info and .biz
Within 3 or 4 years there will probably be another 20 gTLDs (simply because that many applicants will meet ICANN's criteria) and that should mean that there are *vastly* more generic word domain names available for registration, which in turn should mean a collapse in value for most domains (except perhaps the archetypal .com which is less easy to predict).
People have been saying that .info and .biz may pick up in value as user-recognition increases. I would say that will be more than offset by the arrival of this wave of new gTLDs which will enter the market in the next few years (I'm not referring to the little bunch os sTLDs going through selection at ICANN right now).
I sold History.info for $5000 in June. I had too many other domains to develop so I decided to let that one go. A pretty good generic name, well-suited for a .info suffix... but still only $5000. I think the .info names will go down in value by 2008.
The area of uncertainty (for me) is .com
This mammoth has continued to take centre-stage. The questions I ask are these:
When the tide of new gTLDs starts arriving in 2006/2007/2008, will .com become even more desirable as the only readily recognised ending, in the face of ever more confusing alternatives? In which case, whoever's held on to the decent names will be sitting on highly valued cyber realty?
Or... will the ever-increasing number of gTLDs result in greater public dependence on Search Engines, and a decline in the relevance of *any* endings?
I personally think .com is secure for the short-term future at least.
Finally, I can't help wondering when ENUM will dig in, and to what extent that will have a good or bad effect on domain name values. As different media and technologies get integrated, will your domain name cease being simply a web-address or e-mail address, and will it instead become your much easier to memorise phone number or general identity. It amazes me that we still use long strings of numbers for our phones (well, most of us) when domain names would be far more intuitive and easier for friends to remember. I can't remember any of my 4 brothers phone numbers, but I know all their e-mail addresses because words are far easier to recall than lists of numbers (which is all the words are in fact).
In my fantasy dreams, I wake up one morning to hear that technology has 'adopted' the domain name system in a much more far-reaching set of functions, and my domain names now point not only to my website but my phone, my bank, my credit-card, my TV channels and my home address... and the newscaster (in this dream) says: "Some people have registered dozens of domains and suddenly find that they are worth thousands of dollars/pounds" and I think, I'm glad I never sold them, now I am richer than I ever imagined and my wife will stop killing me for the money I've spent on domains..."
"There you are, honey - I told you I knew what I was doing!" I will say...
Well, unless this kind of technological expansion of the functions of the DNS gets going, I think many domain values will drop over the next 4 years, as the supply outstrips the demand...
So these days I just buy domains if I want to actually use them. I keep selling off some of my list, just to narrow down the number to the ones I really want. I suspect many people do just that.
One more thing - look out for Sebastien Bachollet's gTLD Evaluation Report to ICANN this autumn. It could make interesting reading. And keep watching ICANN because they seem to have accepted that they can no longer dam the process, and their developing process for new gTLDs seems to allow for as many applicants as can match their technical criteria. Richard H
lionheart said:The proliferation of gTLDs is another factor to be considered.
lionheart said:Within 3 or 4 years there will probably be another 20 gTLDs
lionheart said:People have been saying that .info and .biz may pick up in value as user-recognition increases.
A very nice name, and worth the money. I don't think it will lose that value any time soon. From a profit standpoint, you probably did well, and it's quite possible there are currently better places to invest $5000 than sitting on history.info. On the other hand, the buyer may do very well with that name.lionheart said:I sold History.info for $5000 in June.
lionheart said:The area of uncertainty (for me) is .com
... will .com become even more desirable as the only readily recognised ending, in the face of ever more confusing alternatives...
lionheart said:Well, unless this kind of technological expansion of the functions of the DNS gets going, I think many domain values will drop over the next 4 years, as the supply outstrips the demand...
RealNames said:IMO, extensions such as dot-biz may drop in value significantly if say 20 new tld's are approved due to heavy domain space dilution.