In my opinion, that’s exactly what people will ask you 10 – 15 years from now, in other words they’ll have the same attitude that lots of domainers currently display towards those who got in back in ’95 or after the dot com crash. If you think the Internet is all grown up, you’re 100% wrong, the Web is still in its infancy and that’s absolutely great! If you take advantage of the opportunities that are right there in front of you now, you’ll thank yourself later and if not, well you’ll just have to work 4x, 5x, 10x harder in 2021/2026/whatever.
Domain Prices in 2011
It’s a buyers market, as anyone with half a brain can confirm. Just look at the prices people are currently buying top dollar domains for and compare them to let’s say 2007 or 2008. I rest my case.
I mean just look at the 8 Auctionpus.com auctions which will end in about 12 hours. You have Intentions.com, a kick-ass one worder registered back in 1996 at just $6,500. Or Transistors.net, a one-word product name dot net domain regged back in 1998, at just $2,495. Think about that and compare the current market to the 2007 – 2008 one.
Are You Well Funded?
If so, then there will never be a better time to buy high quality domains IMO. The dollar is going down the you know what and I seriously doubt we’ll see a rebound because the fundamentals are just not there. You can’t keep printing money and expect your currency to maintain its value, it just doesn’t work that way.
Opportunities like this one are NOT a dime a dozen and I want to make something perfectly clear: a few years from now, prices will be a lot different and most domainers will be kicking themselves for not buying “that domain they could have had for $5k – $10k back in 2011” when they’ll notice that it sold for a huge return in let’s say 2013 or 2014.
April 18th, 2011 at 2:19 am
During times of crisis is when you can get rich easier.I agree because the rest is too poor and afraid to buy 🙂
April 18th, 2011 at 2:44 am
I’ve always said the Net will just be beginning when we are all 80 + years old.
April 18th, 2011 at 2:58 am
@Xdreamer: as Warren Buffet said, “buy when everyone is scared and be scared when everyone is greedy”
@PPC: IMO, while the Web is still in its infancy, it’s still a huge part of your life as a US consumer or let’s say as a western consumer in general. People from developed countries buy lots of stuff online these days and things will be even better down the road. When it comes to emerging markets though, the situation is quite tricky and I agree that it’ll be a while until they’ll get accustomed to the Internet as a place where they spend money (that’s why traffic from certain countries is not worth a lot of money, things will only improve when advertisers pay more and advertisers will only pay more if sales are generated – a sale always has to take place because otherwise, win-win situations are not being generated) but I doubt it’ll take them more than 20 years or so to catch up
April 18th, 2011 at 11:03 am
you are giving hope to domainers and people related to IT. That’s good.
April 18th, 2011 at 4:25 pm
I can hear it now… “You were there, in 2011! Up to your eyeballs in domain names!! When biotech was in its infancy and about to explode in the ultimate game changer of all time!!!”
April 19th, 2011 at 4:18 am
People with a great vision shape the future – they are ridiculed today and in the future looked up upon – domain names are the future – Internet Real estate Gold Mine
April 25th, 2011 at 5:16 am
hey in 2011 domains they give us many facilities. it is easy to use.
April 26th, 2011 at 4:33 am
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