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Originally Posted by cam_girls
well that makes more sense than PPs explanation, whatever his point was, if you buy something it must be a dud because someone else would have bought it.. ah yeh that's it!
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no, but.... if you pay the most at an auction that was widely known about by people who make those types of purchases.... then that means you paid more than everyone else. That means everyone else didn't think it was worth that much. It doesn't mean it is a dud, it means that you paid t he most, so the chances of someone paying more than what you did are slim. Why would they pay you 1M when they could have bought it recently for 350K? It's not like you bought the domain name 10 years ago and it went up in value, if anything they will be dropping in value because of the economy and overal adult sales revenue going down. It is a buyers market, people are selling shit left and right because they need the money and the ones with the money are more likely to hang on to it now unless they get a steal. And paying more for a domain then the top bidder paid less than a year ago is not a steal.
That is the pure reality of the situation, and god agrees with me too.