Comments on: DNJournal.com: 1st Quarter best ever for domain sales http://www.thedomains.com/2008/04/02/dnjournalcom-1st-quarter-best-ever-for-domain-sales/ Thu, 18 Mar 2010 16:50:27 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: MHB http://www.thedomains.com/2008/04/02/dnjournalcom-1st-quarter-best-ever-for-domain-sales/comment-page-1/#comment-10660 MHB Mon, 22 Dec 2008 14:47:23 +0000 http://www.thedomains.com/?p=378#comment-10660 Jeff Thanks for your kind words Michael Jeff

Thanks for your kind words

Michael

]]> By: Jeff Paul http://www.thedomains.com/2008/04/02/dnjournalcom-1st-quarter-best-ever-for-domain-sales/comment-page-1/#comment-10657 Jeff Paul Mon, 22 Dec 2008 07:38:38 +0000 http://www.thedomains.com/?p=378#comment-10657 This blog Is very informative , I am really pleased to post my comment on this blog . It helped me with ocean of knowledge so I really belive you will do much better in the future . Good job web master . This blog Is very informative , I am really pleased to post my comment on this blog . It helped me with ocean of knowledge so I really belive you will do much better in the future . Good job web master .

]]> By: Greg Nelson http://www.thedomains.com/2008/04/02/dnjournalcom-1st-quarter-best-ever-for-domain-sales/comment-page-1/#comment-2570 Greg Nelson Thu, 03 Apr 2008 20:49:25 +0000 http://www.thedomains.com/?p=378#comment-2570 Good points. I still believe for 90% of domainers though, not the big guys, but even guys like me...a couple true premium names and the rest just "awaiting that guy" type of names- see Name link if interested (true premium not listed for sale)...every domain valuation (minus those with a PPC multiple) can be argued arbitrary thus making the value of the dollar at least to myself not a factor (as a seller). I kick myself for selling names like internetmarketing.com, dancestudio.com, etc not due to dollar factors but rather the increase in value over time from market adoption. I guess there are arguments on both sides. I believe those who are benefiting and UK and CA and elsewhere, not the US, but not sure it is a huge hurt to US, just gain to others. You do have valid devaluation points though. Can't dispute that. In fact, I never realized that Oil to those in the UK actually has not changed in price or even gone down (or at least that should be the case). I need to do some research on that :) Good points. I still believe for 90% of domainers though, not the big guys, but even guys like me…a couple true premium names and the rest just “awaiting that guy” type of names- see Name link if interested (true premium not listed for sale)…every domain valuation (minus those with a PPC multiple) can be argued arbitrary thus making the value of the dollar at least to myself not a factor (as a seller).

I kick myself for selling names like internetmarketing.com, dancestudio.com, etc not due to dollar factors but rather the increase in value over time from market adoption.

I guess there are arguments on both sides. I believe those who are benefiting and UK and CA and elsewhere, not the US, but not sure it is a huge hurt to US, just gain to others.

You do have valid devaluation points though. Can’t dispute that. In fact, I never realized that Oil to those in the UK actually has not changed in price or even gone down (or at least that should be the case). I need to do some research on that :)

]]> By: admin http://www.thedomains.com/2008/04/02/dnjournalcom-1st-quarter-best-ever-for-domain-sales/comment-page-1/#comment-2568 admin Thu, 03 Apr 2008 20:27:02 +0000 http://www.thedomains.com/?p=378#comment-2568 I have to agree with Jeff here. A dollar today is definitely not the same as a dollar in 2002. You have not only the exchange rates, which have moved against the US dollar, but time use of money and inflation always make the same money less valuable over time. This is why there is interest. Interest is the cost which balances out the normal loss of value over time. Our business is especially a global one. We compete in the Global Marketplace. We live in a Global marketplace. How much gas could you have bought in 2002 for a dollar compared to today? Oil is quoted in US dollar in the global market. This is one of the major reasons Oil has gone to over $100 a barrel is that the dollar has sank 20% in a year. You know what a gallon of home heating oil was at on 12.31.02? $.91 Today it is $3.23 Sorry Greg, 1 million dollars in 2008 is nothing close to 1 million dollars in 2002. I have to agree with Jeff here.

A dollar today is definitely not the same as a dollar in 2002.

You have not only the exchange rates, which have moved against the US dollar, but time use of money and inflation always make the same money less valuable over time.

This is why there is interest. Interest is the cost which balances out the normal loss of value over time.

Our business is especially a global one.

We compete in the Global Marketplace.

We live in a Global marketplace.

How much gas could you have bought in 2002 for a dollar compared to today?

Oil is quoted in US dollar in the global market.

This is one of the major reasons Oil has gone to over $100 a barrel is that the dollar has sank 20% in a year.

You know what a gallon of home heating oil was at on 12.31.02?

$.91

Today it is $3.23

Sorry Greg, 1 million dollars in 2008 is nothing close to 1 million dollars in 2002.

]]> By: jeff Schneider http://www.thedomains.com/2008/04/02/dnjournalcom-1st-quarter-best-ever-for-domain-sales/comment-page-1/#comment-2566 jeff Schneider Thu, 03 Apr 2008 19:04:15 +0000 http://www.thedomains.com/?p=378#comment-2566 For your information the weak U.S. dollar affects all markets. Especially ours here in the U.S. No matter what way you spin it its inescapable. For your information the weak U.S. dollar affects all markets. Especially ours here in the U.S. No matter what way you spin it its inescapable.

]]> By: Greg Nelson http://www.thedomains.com/2008/04/02/dnjournalcom-1st-quarter-best-ever-for-domain-sales/comment-page-1/#comment-2565 Greg Nelson Thu, 03 Apr 2008 18:20:58 +0000 http://www.thedomains.com/?p=378#comment-2565 Regarding the devaluation of the US dollar...yes, the dollar is worth less when you are purchasing assets affected by exchange rates. If you are a US domain owner selling to a US domain buyer, the currency is equal, thus the transaction equal. If I sell a name to anyone, and I think the name is worth $10,000 US regardless of 2002 or 2008, I do not reevaluate based on whether the buyer is getting a good deal on exchange rates. $1 million US dollars in 2002 are the same as $1 million US dollars in 2008 (not adjusted for inflation) if you are US based, have no plans of buying something outside of US dollars - exchange rates, etc. Yes, we can get into the cost of inputs into end-products, but I believe in dealing in today. There is much more to economics than just currency and exchange rates. In fact, I believe the only way a weak dollar even affects domain pricing is if the SELLER is in a strong money country and thus need more to feel fully valued. I do believe most premium .com names are US dollar based in price also. Regarding the devaluation of the US dollar…yes, the dollar is worth less when you are purchasing assets affected by exchange rates. If you are a US domain owner selling to a US domain buyer, the currency is equal, thus the transaction equal. If I sell a name to anyone, and I think the name is worth $10,000 US regardless of 2002 or 2008, I do not reevaluate based on whether the buyer is getting a good deal on exchange rates.

$1 million US dollars in 2002 are the same as $1 million US dollars in 2008 (not adjusted for inflation) if you are US based, have no plans of buying something outside of US dollars – exchange rates, etc. Yes, we can get into the cost of inputs into end-products, but I believe in dealing in today. There is much more to economics than just currency and exchange rates.

In fact, I believe the only way a weak dollar even affects domain pricing is if the SELLER is in a strong money country and thus need more to feel fully valued. I do believe most premium .com names are US dollar based in price also.

]]> By: admin http://www.thedomains.com/2008/04/02/dnjournalcom-1st-quarter-best-ever-for-domain-sales/comment-page-1/#comment-2561 admin Thu, 03 Apr 2008 14:45:43 +0000 http://www.thedomains.com/?p=378#comment-2561 NP NP

]]> By: Elliot http://www.thedomains.com/2008/04/02/dnjournalcom-1st-quarter-best-ever-for-domain-sales/comment-page-1/#comment-2560 Elliot Thu, 03 Apr 2008 14:44:14 +0000 http://www.thedomains.com/?p=378#comment-2560 Mike, I think you are in a position unlike many others in this space where your company owns tens of thousands of fantastic generic domain names, and you probably have a good firsthand view of the "domain economy." Have you seen an increase in offers for your names, and has the average offer increased? Mike,
I think you are in a position unlike many others in this space where your company owns tens of thousands of fantastic generic domain names, and you probably have a good firsthand view of the “domain economy.” Have you seen an increase in offers for your names, and has the average offer increased?

]]> By: jeff Schneider http://www.thedomains.com/2008/04/02/dnjournalcom-1st-quarter-best-ever-for-domain-sales/comment-page-1/#comment-2559 jeff Schneider Thu, 03 Apr 2008 14:29:47 +0000 http://www.thedomains.com/?p=378#comment-2559 Sorry Michael I got confused by admin. I agree with a lot of what you say by the way. Gratefully, Jeff Sorry Michael I got confused by admin. I agree with a lot of what you say by the way. Gratefully, Jeff

]]> By: admin http://www.thedomains.com/2008/04/02/dnjournalcom-1st-quarter-best-ever-for-domain-sales/comment-page-1/#comment-2558 admin Thu, 03 Apr 2008 14:03:00 +0000 http://www.thedomains.com/?p=378#comment-2558 Jeff No problem with debate, the free exhcange of ideas is how we all learn My name is Michael not Andrew Jeff

No problem with debate, the free exhcange of ideas is how we all learn

My name is Michael not Andrew

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