Morning Folks!!
Now that GTLD's have been around and the shine has worn off, let's see where we are at.
So, there was a lot of excitement and BS about the new Gtld's. But let's make a comparison.
Imagine you are attracted to someone of the opposite sex. You've had a crush on them for a while. You really want to go out with them. You feel like you are in love. Finally it happens and you go out.
First they take you to a dirty and crummy second class restaurant but you overlook that. Your date is not dressed well but you overlook that. He has a shiny new car but it does not run well, it is very uncomfortable and has no A/C. But you even overlook that.
You finally get to a private and comfortable spot and then you find out they have STINKY FEET! That does it! Date is over. Crush is gone and back to the drawing board!
Many domainers fell in love and dated GTLD's with VERY STINKY FEET!!! LOL
Rick Schwartz
Michael D.
Can we have the Positive Rick back please?
Rick Schwartz
I always deal with reality in any form it comes.
But I refuse to ignore the reality by wearing rose color glasses.
We went from an industry running at close to 100% to an industry that is barely running and when it does, it goes in 500 directions with no rhyme or reason.
The best way to get it back on track is to articulate why it’s been on the wrong track.
Mika
I agree with Michael D. Rick, you do seem very negative/sad lately, but that’s OK to feel that way. I also realise you have had a very tough time with your recent loss of the very beautiful soul Freddy Von Schnauzer and my thoughts, and surely many others are with you in what is surely a tough time.
When my companions passed away last year I cried so much when I read this Poem called ‘The Rainbow Bridge’, and I paste it here for you and others to read… I should have posted it on Freddy Von Schnauzers’ Eulogy, but I feel I can make that right… Here is the Poem for Rick and Freddy, two bestest friends, forever:
Just this side of heaven is a place called Rainbow Bridge.
When an animal dies that has been especially close to someone here, that pet goes to Rainbow Bridge. There are meadows and hills for all of our special friends so they can run and play together. There is plenty of food, water and sunshine, and our friends are warm and comfortable.
All the animals who had been ill and old are restored to health and vigor. Those who were hurt or maimed are made whole and strong again, just as we remember them in our dreams of days and times gone by. The animals are happy and content, except for one small thing; they each miss someone very special to them, who had to be left behind.
They all run and play together, but the day comes when one suddenly stops and looks into the distance. His bright eyes are intent. His eager body quivers. Suddenly he begins to run from the group, flying over the green grass, his legs carrying him faster and faster.
You have been spotted, and when you and your special friend finally meet, you cling together in joyous reunion, never to be parted again. The happy kisses rain upon your face; your hands again caress the beloved head, and you look once more into the trusting eyes of your pet, so long gone from your life but never absent from your heart.
Then you cross Rainbow Bridge together….
Lots of Love.
Mika & other friends you don’t know are out there
Andrew Hyde
Agree, angry, bitter.
Rick Schwartz
I thought pretty funny.
I guess you all got insulted. I never knew you had stinky feet! ;-)
Or is that you own a lot of crappy GTLD’s?
Both are kind of funny. At least to me.
Jay
HAHAHA right on Rick. gtlds are sinking faster than the titanic. total crap
Larry Scott
They own sorry ass domains and their feelings are hurt. Rick tell them to take their ball and go home.
Sigma
People antagonize Rick, because he delivers brutal truths on the state of the Domain Game. Many want to be told what they want to hear, and that is why they will be stuck with budget draining renewals of pigeon shit when the music stops…
As they say, ‘a hit dog will holler’.
DrDomainer
I’m not insulted, its good to read your opinion on this current market. I was more
shocked by your last post that you knew
Show much about women clothes. :)
Jay
I wouldn’t own a gtld even if they were free.
Crap.best says it all. They don’t make any sense
steve
It would be cool to have a blog post on the winners and losers of the GTLDs, although the list of losers would be 100 X longer than the winners. I believe Google may have won with .app, just by keeping it out of the hands of a competitor, like Apple or Facebook. Google also can monetize the extension with dev ops tools and services: build you app, host it…and monetize the data. What about Donuts? .Club? Frank Schilling’s extensions? Red or Black? I have no idea. But I know the GTLDs can’t be doing too well, as you don’t see too many more posts by “GTLD consultants (ninjas, sherpas, mavens, experts)..most seem to have moved on to some new other shiny things.
Rod
What’s bitter about a proven influencer in the domain investment community trying to make us wake up and smell the.., feet?
There are always going to be people making money pumping domains that are not investment quality. Alot of people fall for it every time. But it happens over and over again.
I have been only in this for a couple of years, but I quickly learned to not care what other domain investors are buying, or what they are selling.
If you don’t buy what end users are buying, have been buying, and will continue buying, you’re going to be left holding the bag with a bunch of crap you cant give away.
Rick has gone and come a few times with his commentary, but he keeps going back to what he has been saying since day one, yet we keep repeating the same cycles.
Its frustrating to see people who have been in this much longer than I have throw their money into the latest passing fad but getting offended when someone calls crap crap.
Mark Thorpe
You crack me up, Rick.
The truth about nTLD’s does smell bad. Lol
Grethchen
It is just the same thing over and over again.
I thought Rick had some imagination.
Would you stop beating a dead .horse please?!
GTLDs suck! We get it!
You are the greatest. We get it!
You have only done about 200 blogs on crappy GTLDs…Jesus Lord!
Even multi-millionaires find the time to be wasteful and hateful with their Time. Sad.
You are either attacking crappy domains or the People that buy them all of the Time. To constantly beat down and Not uplift is really awful and speaks volumes about yourself.
Just Mean.
Snoopy
The ntld experiment is over. .brand is completely dead, the rest are getting close to death.
Extensions like .club are being held up by massive price discounting in China.
The main strategy now for registries seems to be smoke and mirrors. Keep saying it as it is Rick because not many other bloggers are willing to.
steve
So were there any winners with the GTLDs? The ones who “lost” in the auctions and got compensated. Any registries? Consultants? Or pretty much a total loss for everyone. I did buy a few .app domains, but only for dev purposes.
Blu
Lol! Negative or positive makes no difference to me as long as I hear the truth from the horse’s mouth.
Jose
A lot of “Pigeon Shit” is in the domain industry and in too many gTLD extensions, it is a waste of time the madman who decide to accept the ones that are right now should not ask for charity.
Happy Day.
Jose.
J.G.
Learned my lesson earlier on country specific TLDs ones. For good numbers, letters and words, some have made money on these. However, I did get some good ones that were for place names and areas in some touristy countries such as tortola.vg (Tortola, British Virgin Islands), etc. I also used some of these to make up company specific stock exchange trade symbols like nyse.ms (NYSE.MS New York Stock Exchange, Morgan Stanley), etc. However, I lost big on these since I wasn’t able to even sell one of them out of many that I had. Also, renewal fees were much more expensive so that they became an even bigger loss as time went on and trying to hold on to them. After this, I have none of these anymore. Trying to be creative and esoteric outside of .com is more expensive and less popular. I haven’t touched much outside .com ever since.
J.G.
It also reminds me of a similar situation in the stamp collecting hobby regarding new issues. The post office issues many different new stamps every year in very large quantities and millions of collectors go out and buy these stamps every time that they come out. This has been happening for a long time without any change. Then when collectors want to get rid of their new issues, they sell them to stamp dealers that will buy them at a discount from face value and the collector loses money on these. These are then sold as discount postage. Why? There are more collectors trying to sell them than there are buyers. One guy says he has 10 sheets to sell to the other guy and the other guy says he has 20 sheets to sell to the guy.