I sooo thought I did read the thread, perhaps I misunderstood. Please clarify for me then. Did MCFOX try to sell 3 or 4 domain names as a set for 16K? YES/NO Is he now ranting that people are selling domain names for 10mil? YES/NO
Yeah we ran into this problem too. We had a guy who has a domain we want sitting on domainhop and now he wants $250k for a domain he makes maybe $500 a month off of, it's retarded, but, domain squatters are allowed to do it, not a whole lot to be upset about.
WTF are you on about? The thread is about asking stupid prices for domain names, for example, $10million for thisdomainiscrap.com.
No sitting on a domain worth $10-15k, which we would happily pay, and asking a stupid amount of $250k just because you are hoping some stupid sap is willing to pay that much for a domain blindly (no stats or proof of income) is domain squatting.
1. Asking $16k for 4 good (I know that's subjective) domains is something *reasonable* 2. Asking $10M for a not-so-good domain (1 BTW) is not so *reasonable* It's the 2nd category that this thread is *ranting* about. I hope that clears it up a bit
I got RED for Rep for not reading when it's OBVIOUS I did. My point is simple just like it is stated above (I know that's subjective) You have no right ranting that something is stupid charging 10Mil when you are the one charging 16K for the exact same thing. I respect you both very much. I just cant wrap my mind around saying something is wrong and then doing the exact same thing but only to a lesser degree. Robbing a bank is wrong but its ok if I only get 1k and not 10k The value of an item is not set by the seller, it is set by the purchaser.
Asking for $10 million for a crappy domain is a complete and utter waste of time. No-one is EVER going to pay that kind of money for those types of domain names. EVER. Asking 16k for a set of domains with a lot of potential for development and future income (in my opinion) is being realistic. I may or may not get the price I am looking for but I do believe it to be near the mark for current undeveloped market value of the domains (cannabisweed.com, .net, .biz, .info).
MCFOX - Under all of this I do agree with you whole heartedly. I have seen some domain names actually sell for way too much and I have seen people ask for way too much. I am in your shoes saying exactly what you are. The difference is I'm saying about you. To me your the guy asking way too much for your domains. He is doing it to the 10th degree and you are doing it to the 3rd degree. I see NO DIFFERENCE between the two. I personally hope you get ten times more than what your asking price is and I also hope that some idiot buys a stupid domain for 10mil. That will give up both something to write about.
I see this all the time on ebay but they ask 99 million I think they are just seeking traffic or they are delusional.
>> He is doing it to the 10th degree and you are doing it to the 3rd degree. LOL. If 16k for four names is the 3rd degree, then 10M for 1 name would be more like the 2500th degree Am I right with this? -> (10,000,000/16,000)*4 I see you have a point, but I have to agree with mcfox on this one.
Yes, that is it. On some crappy marketing forums they give a "great tip" of using Ebay to bring traffic to your site (or domain in this case). They say that since Ebay gets millions of visitors each day you can get a huge amount of them for just the listing fee. Of course, it doesn't work that way, but some people are still newbies and think that it is a great idea and fill Ebay with all that junk hoping that they will get flooded by visitors.
LoL - Ok you got my with the math, when you break out a slide rule I run. If the calculations are correct then McFox is only one 2500th of a hypocrite.
No, not a hypocrit at all. I've set a price for my domains which I believe to be a fair assessment of their worth based on my understanding of seo / sem and the general domain market. I may or may not get my asking price. What I was and am complaining about are ridiculous, outlandish prices set by people who clearly have plucked a figure out of thin air and applied it to a domain name in the hopes that someone with $10 million who has lost 98% of their brain to a traumatic event will buy it.