It's not true at all. I set up my forum couple of days ago, didn't even start advertising it yet. Barely gets 3 visits per day, and it says it's worth $141,248
you have nice avatar well if says my blog value around 3k and i m not willing to sell it because i m making around 1k $ from that blog
That thing is nowhere near accurate!!! There are different variables to look at to calculate the value of a website and i dont think that widget looks at any of those variables
they esstimator calculates how much a site is worth by the traffic, page ranks, alexa rank, etc it has not on looks