Anyone that says that domain prices were/are inflated is stupid. Anyone that says it today, that is.
Of course there are people that always say that domain name prices are going up or people that always say that domain names prices are inflated and are going down.
There are always people that say that .com is king and all else is crap and people that say that .com is crap and New gTLDs are the future.
But waiting for an unprecedented worldwide crisis, like the corona virus, to say “I told you so” and “domain name prices were/are inflated” then that is fucking stupid.
Of course when we are in a recession and the stock markets crumble domain name prices will be affected. It doesn’t take a genius to figure this out.
Stop making obvious “predictions” and put your heads together to think what we do from now on.
Meanwhile ICANN wants to allow Verisign and Ethos to make crazy price increases and keep printing money. Go figure.
This is the best time to buy Microsoft Amazon Google Facebook
BullS stop naming these bubbles. (52 week high
and left out Apple? of course
I do like Ford at $5 bucks though
Konstantinos, the only thing inflated are the joke Godaddy “GoValue” appraisals which still get regularly quoted by newbs
The biggest indicator you’re new is when you try use govalue to try justify your asking price.
Godaddy appraisals are high for crap names and low for good names. The algorithm is a joke and always gives price around the average sales prices. Hence it is useless.
When prices are really inflated, then they start to decline of their own accord. Just give a bubble time to grow, and without changing anything in the external conditions, it will pop or deflate all on its own.
With a sudden shock to the system like a pandemic or a war, the economy is going to take a hit; and so will domain prices. Maybe you believe future prices will settle at a steady lower value. Or maybe you believe that prices will rebound after the world has absorbed the consequences of coronavirus.
Either way, there will be more people motivated to sell domains at cheaper prices. To the extent that they panic or simply need to compensate for a loss of stock-market value or salary or whatever the case may be, there will be opportunities for domain investors. Temporary Declines = Buyer’s Market.
Certain categories are definitely inflated, probably a 50% chance of global recession now. Be very careful what you buy and for how much.
If you are buying domains based on LLL.com minimum price or LLLL.com minimum etc. then you are doomed anyway. I laughed my way to the bank when I sold all my bad LLLLs for $2,200 each during the China madness. I had bought them for $69.