Morning Folks!!
You can't make this stuff up. According to Domainincite.com, Johnson and Johnson had an abortion with .Baby and so .xyz takes over another dead extension. "DIE ON THE VINE!" Where have I heard that?
So this adds another failed GTLD to the list that seems to be growing faster and faster! The consolidation you will see in the next 12-36 months will be stunning!! I would predict that 90%+++ of ALL new GTLD's will fail and be taken over by one of 3 or 4 companies. Those companies probably trying to become big enough to be looked at as a takeover.
J&J paid over $3 MILLION for a worthless extension. SCHMUCKS!!! It PROVES that Baby.COM is worth MORE! FAR MORE!!! They still own that!!
And speaking of SCHMUCKS, Estibot has baby.com valued at $192,000. REALLY ESTIBOT???? They are HARMING the domain industry and resales with their useless and uneducated CRAP!! Any domainer using ESTIBOT as a baseline is a SCHMUCK!! If you have to use ESTIBOT, you are NO domainer! This is a tool for BUYERS to shake your ass down! Don't let them!
When will I stop talking about GTLD's? When they are all DEAD AND BURIED! Of the 549 active new GTLD's, over 400 are NOT VIABLE!! They can't even pay their overhead! Their ONLY HOPE is consolidation and to be bought out for PENNIES on the dollar!
There are 500 new GTLD extensions that are going to DIE and be worthless! But keep buying that crap! Keep losing money!
Between Crypto, GTLD's and the stock market, there are a lot of domainers in a whole lotta pain. Self-inflicted pain!
And don't listen to these guy claiming that had a great year! Yeah, when you go from $15k a year to $40k a year they think they are on fire!
This was a FOOLS GAME from day one and I am stunned by all the FOOLS! But don't listen to me and don't listen to those trying to sell you THIR CRAP!! LEARN ABOUT NUMBERS! Learn about marketing! Learn about Critical Mass. Learn about History! Just LEARN!!!
Stop being GULLIBLE!! That should be the middle name of the domain industry. GULLIBLE!! Because 95% of domainers sell their domains to other domainers. By definition that means they either sell to those that know less than them because they have worthless domains or sell to those that know much more than them and make more than them because they are leaving $$$,$$$ on the table. NOT SMART.
How would I rate the state of the Domain Industry? POOR! Not because of lack of sales, but because of lack of direction and continuity and importance. The Industry has no purpose and stands for nothing.
On Wednesday I start my 25th year as a domain name investor and collector. I came to domaining alone, I will leave domaining alone. We are each on an individual journey. Other domainers won't make you money. They COST you money! Stop listening to those with an agenda. That's the definition of GULLIBLE!!
Gullible: easily persuaded to believe something; credulous. having or showing too great a readiness to believe things. gullible, naive, too trusting, easily taken in, impressionable, unsuspecting, unsuspicious, unwary, unquestioning. inexperienced, unsophisticated, unworldly, wide-eyed; wet behind the ears.
Yup, sounds like the GREAT majority of domainers! The last thing these folks will entertain is reality! Gullible people will get mad at me for pointing it out but they won't get mad at those that take advantage of them in the first place. That does not make them too smart! They define gullible and all the emotions and calamity that go with it!
Rick Schwartz
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