Quote:
Originally Posted by Barry-xlovecam
I stand corrected; I thought that was one of Google's registry front corporation's 142 applications
https://www.icann.org/sites/default/...05dec13-en.pdf
Well, that registry is selling the domains for 2 cents, for less than the cost of the ICANN fees and the operational overhead -- you cannot make up a net loss on the volume. So, why are they flooding that namespace? Doesn't make sense then.
You buy junk? I don't want to take and hour to make $50 LOL after the loss on the registration fees --recapture the domain sales for tax purposes and pay the long term capital gains taxes on $50 -- better to write it off ... It's different if the sale were for $1,000s -- that is one why domain prices are so ridiculously high. <the original topic.
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If its junk, why did you buy it? It takes you an hour to push a domain? Anyways, whatever you think is best for you. There are a lot of new gtlds you can get for 1-2 dollars. They want to inflate the numbers so they can show "demand" to their investors. Demand is lower than expected for new gtlds at this point and a lot of companies are disappointed. Donuts, the biggest new gtld holder *was* posting renewal rates stating they would stay above 70%. When they dropped below 60% they stopped posting the rates..