Web Hosting Talk







View Full Version : It's crazy how much people will pay for domains (CHECK THIS OUT!)


kitty-kat
11-07-2002, 10:32 PM
www.buisness.com was being sold for 7.5million, and someone bought it!

www.asseenontv.com for 5million someone bought it!

loans.com for 3million someone bought it!

wallstreet.com 1.03million someone bought it!

Beauty.cc was being sold for 1million, you guessed it, someone bought it!

THIS IS OUTRAGEIOUS IN MY OPINION! BELOW ARE SOMEMORE DOMAINS THAT WERE BEING SOLD FOR OUTRAGEOUSE PRICES THAT PEOPLE BOUGHT!

forsalebyowner.com for 835,000

Engineering.org US$198,895

China.tv US$100,000

Free.tv US$100,000

wow.tv US$37,500

---------------------
THESE TWO domains are still on sale, for VERY OUTRAGEOUSE, OVERDONE PRICES, and I bet you anything in a week, they'll be sold!

Cool.com US$60 million

America.com US$10 million

-------------------------

STATE YOUR OPINION, are domains worth this much that you'd be willing to pay 1million+ to get the name you wanted? :eek:

ZBoca
11-07-2002, 10:35 PM
I may be mistaken, but I don't think these are recent buys. These were probably in the good days.

At one point I had http://www.aol.tk, americaonline.tk, and a few other goodies when the tk tld's came out. They were snagged the next day. I didn't expect to keep them, but they were open, so had to take a shot at it.

Zak

kitty-kat
11-07-2002, 10:39 PM
No, these were recent sales, go to www.com-2.net and check on the right, under Recent Domain Name Sales, then you can click on MORE...To see more for sale or keep scrolling down to see: Recent Domain Name offers, and it'll show the Cool.com and America.Com stuff... :)

ZBoca
11-07-2002, 11:49 PM
Originally posted by kitty-kat
No, these were recent sales, go to www.com-2.net and check on the right, under Recent Domain Name Sales, then you can click on MORE...To see more for sale or keep scrolling down to see: Recent Domain Name offers, and it'll show the Cool.com and America.Com stuff... :)

Unless I'm missing a date or something I don't think these are recent at all. I may be wrong, but I'm quite sure business.com isn't a recent sale.

I may be wrong, but I remember it selling some time ago for too many million 000,000. I don't really find it that crazy that someone paid that much, I just like to beat myself up for not wanting to spend the $35/year domain when you could actually select a domain you liked. :mad:

Zak

markblair
11-08-2002, 12:00 AM
The Business.com sale is old news. That is not recent. I'm not sure about the others and I also am not sure about the price. For some reason the $7.5 million listed doesn't sound like the right number. I thought it was higher actually...

ZBoca
11-08-2002, 12:02 AM
Originally posted by markblair
The Business.com sale is old news. That is not recent. I'm not sure about the others and I also am not sure about the price. For some reason the $7.5 million listed doesn't sound like the right number. I thought it was higher actually...

Any fairly generic name that has global marketing possibilities, is short and memorable, and is a dotcom can be considered quite valuable. In the case of Business.com, the name alone sold for $7.5 million. HappyBirthday.com went for $80,000. Many additional names have sold in the low five digits. One domain reseller, GreatDomains.com, sells names for an average of $17,000 or so, and that sure ain't peanuts!
http://www.domainnotes.com/news/article/0,,3371_382381,00.html

I thought it webt for 10 mill, but guess not.

Zak

markblair
11-08-2002, 12:03 AM
Okay, I was wrong on the price. $7.5 million is correct but look at this article and note the date:

http://zdnet.com.com/2100-11-516999.html?legacy=zdnn
December 1, 1999

Gurudev
11-08-2002, 01:39 AM
A lot of those were deals done a long-time ago. In those days, white, yellow and pink paper was worth a lot more than green paper.:D

Having said that, some of those domains are worth a lot of money (if not as much) to a company who can actually put it to good use.

papepo55
11-08-2002, 03:45 AM
A sub-domain business.yahoo.com is more valuable than business.com.

That is my $0.02. :D

nameslave
11-08-2002, 06:15 AM
3 Americans landed on the Moon! After Neil Armstrong made his first small step on the Sea of Tranquility from the Eagle (the lunar module of Apollo 11), an American flag was raised. CAN YOU BELIEVE THIS!?

Oops! That was more than 30 years ago! :D

weeps
11-08-2002, 08:48 AM
Originally posted by kitty-kat
www.buisness.com was being sold for 7.5million, and someone bought it!

If that went for 7.5, I wonder how much business.com would go for :stickout: :D :rolleyes:

Alex042
11-08-2002, 02:07 PM
I used to get a kick out of looking up some of these pricings at afternic.com where it's basically a bunch of people buying and selling domains, but then it just got irritating when I realized people were buying up domains I might be interested in actually using just to sell it back to me at 10x, 20x, or even 50x the price. Needless to say, I didn't buy any of their outrageously priced domains.

Acroplex
11-08-2002, 02:40 PM
Alex, it's a first-come first-served business. Why would you get upset? If they thought of the name first and since reselling is a legitimate business, why would you bicker about it?

A domain is worth what the buyer is willing to pay. Something you would not spend $50 on (using the logic that you would not have to spend more than the lowly registration fees) can be bought by someone else for $500. It's how badly you want the name that matters.

nameslave
11-08-2002, 03:30 PM
>Alex042: ... but then it just got irritating when I realized people were buying up domains ...

We all know by now that domain names are (or were) worth A LOT, e.g. business.com was sold for US$7.5 Million. Okay, just imagine you woke up tomorrow and found your back in 1993, when it was FREE (yes, it's free back then) to register any domain name. Think for a minute, will you NOT register hundreds or even thousands of them? My bet is: you will be a big-time cybersquatter scolded by many but owns at least a dozen of million dollars. LOL! :D

Acroplex
11-08-2002, 03:35 PM
Go back in time and register webhostingtalk.com :D

RMF
11-08-2002, 05:31 PM
Yeah most of those are old news. Cool.com turned down 8million a couple years ago. And, its not really "crazy" to pay high prices like that for domains. Domains can be very valuable, and I'm sure you will learn that ( I'm assuming your new to the domain world ).

RMF

kitty-kat
11-08-2002, 06:04 PM
Here's my story, I'm 14. I first got on the internet in like 1996 or 97, I started making fan pages about 3 years ago. I started on Homestead. Learned about animations, blends, ect. Started doing blends on Adobe. Decided to learn HTML, and coding, did. Found out PSP7 is sooo much better than Adobe, and purchased PSP7:Anniversary Edition. And the boards that I come from do stuff like: animations, blends, layouts (or templates, as you guys call them), flash buttons, ect. for FREE! :D I just make this stuff, because I find it fun! I was never really into even getting paid a penny, for my work! :D I still do my stuff for free. If any of you guys asked me for a layout, flash buttons, blend, or blinkie, and asked how much I charged, my response would be... "charge? lol, it's free" :) So I don't pay that much for domains, I'm not into domains that much, it's more of the making stuff, that I'm into! :D So maybe that's why I find it crazy, I don't know! :confused:

WildCard
11-08-2002, 06:05 PM
Yeah, those domains were bought when the well of money for dotcom investments were bottomless.

Were you correct about cool.com turning down $10 mil? Wow, bet they are kicking themselves now....

-WC-

kitty-kat
11-08-2002, 07:30 PM
See I'll make things like this for people for free, to put in their siggys!

http://www.imagestation.com/picture/sraid38/p87fb0b2d461891ceba6e371b4f5ebae2/fd110288.gif

But with your web hosting name! :D All you have to do is upload it to your server! :D Hope you don't mind that I used your name WildCard! :P

WildCard
11-08-2002, 09:21 PM
No problem, that's pretty neato, thanks! :)

-wc-

Kaumil
11-08-2002, 09:32 PM
Where do these guys put their domains on sale?

kitty-kat
11-09-2002, 01:03 AM
ok! :D They don't let you post pics on this board, do they? Because I've been trying and trying, I've tried [img] code and < img src= code! :confused:

nameslave
11-09-2002, 08:19 AM
>hostingplex: Where do these guys put their domains on sale?

There WAS a time when GreatDomains.com get A LOT of attention. They even placed a big ad on Wall Street Journal; and they sold drugs.com for US$823,456! I snapped more than US$10,000 from there alone.

Then there WAS AfterNIC.com, once a sellers' hangout because they only charge the sellers commissions (unlike GreatDomains.com which does the opposite). I did sell a couple of names through them before they FOLDED. (Although the website still works automatically, its parent company Register.com has announced that they won't provide customer support any more. So think before using them.)

Now I list ALL my domain names (still more than 50 left after selling half of them) on my own site. And I frequent forums like this so you guys know that I am here. :D

ChickenSteak
11-10-2002, 05:04 AM
Yea domains are worth alot. I just got an email from a guy out of no where for a domain i've owned for a while (never thought anyone would want it). He is paying quite an extensive amount for it :D:).

Alex042
11-12-2002, 09:29 AM
See below

Alex042
11-12-2002, 09:32 AM
With the release of new domain extensions, it's going to cost some cybersquaters a lot of time and money buying them all up now. It's not just .com,.net,.org now, but also .info, .biz., dozens of country domains, and several others. So now someone who may have bought up business.com hoping to resell it finds that someone bypasses them and buys business.to or business.info or something else that they didn't buy up. So it seems like a lot of time, money, and effort to buy up all the .com's now. There have already been several court cases regarding cybersquatting and I'm sure there will be more in the future, but it will become more costly as more extensions are approved. So many people are money hungry and greedy that it just gets to me. I don't post my sites to make any huge profits, but rather for the benefit of the population.

nameslave
11-12-2002, 10:37 AM
>Alex042: There have already been several court cases regarding cybersquatting and I'm sure there will be more in the future

FYI: Over the past few years, there were at least THOUSANDS of court cases regarding cybersquatting, including dozens which are of high-profile and reported in the media.

>Alex042: So many people are money hungry and greedy that it just gets to me. I don't post my sites to make any huge profits, but rather for the benefit of the population.

Making websites for the benefit of the human race or our earth as a whole is a noble and respectable act called charity and is usually done by individual volunteers or non-profit organizations (including yours truly here who once designed and hosted an unofficial supporter site for NDP - a Canadian socialist party). Unfortunately, we are now living in the post-soviet era in which captialism rules. Talking about greedy, I think NetSol was greedy when they start charging US$100 for a domain/2-yrs. (In case you missed that, registering a domain name had been totally free before that.)

Alex042
11-12-2002, 01:53 PM
Talking about greedy, I think NetSol was greedy when they start charging US$100 for a domain/2-yrs.

Higher domain pricing by the registrars might cut down on the cybersquatting, but this would have to be across the board, not with just 1 or 2 registrars.

nameslave
11-12-2002, 02:37 PM
>nameslave: Talking about greedy, I think NetSol was greedy when they start charging US$100 for a domain/2-yrs.

That WAS already history, Alex042. What I meant was when NetSol startED (sorry I left out the -ed) charging US$100 for a domain/2-yrs BACK IN 1995, GREED was the drving force behind it.

And there is no such things as cybersquatting. Investors buy real properties all the time and either resell them or rent them to others for profits, regardless of the fact that there are so many homeless people around. We don't call these investors squatters, do we? (Instead, we call those homeless people who occupy unused land squatters. What an irony!)

flitcher
11-13-2002, 03:51 PM
Don't know if it's been mentioned yet but America.com and Cool.com have been for sale for a very long time. Don't expect them to be sold within the next few days, months, or possibly even years.