http://domainnamewire.com/2009/03/11/domain-name-industry-acquisition-watch/

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Go ahead and listen to the Ben Stein’s of the world, and the idiot in the video that said the DOW would hit 16,000. Nice predictions fella’s.

Somebody, anybody - you tell me just how things for the immediate future can get better? Thousands of jobs are lost everyday, we’re spending money faster than the fools can print it, banks, insurance, finance, housing, auto, etc. are all tanking, and you think your “domains” and this industry won’t get hit? What Domainer is gonna’ have the money to buy your “oh so special” 4 letter domains you thought wre “golden” a year ago? Last I looked you can pick most up for $10 a piece today. Wasn’t it just a year ago how the mighty Stein’s of the Domaining World were spewing about how “they’re sold out” and gonna’ double or even triple in a year? Wow, geniuses.

I’m not one to call for the “sky is falling”, but I will tell you this, if some of the “everything’s peachy” crowd end up on my door when the shit hits the fan, well we’re gonna’ just bury them out back no questions asked and say “I told ya’ so”, just like the Stein’s kept telling me so.

I would rather wear a life preserver and go through the storm - then wait ’till the last minute and scramble. Then again, there’s a bunch of folks out there calling for calm seas and sunny skies while you net worth, stocks and retirement disappear listening to their music (and while your truck is repo’d). Oh, I must have missed the point that now you’ll have more money to buy high priced domains, right?

Bottom line is no person, business or industry is exempt. And last I looked, you don’t print and spend more money to save money.

Be smart. Plan ahead and I’m tellin’ ya - don’t knock on my door.

It’s just beginning.

L2 Lumpy

Thanks for saying that Domain Superstar. The US is effectively insolvent according to the latest Forbes article. And the people who will bring prosperity back must be the SMBs, brick by brick, domain by domain. Not the MNCs, not the people with names to die for.

Sharks are smelling blood now, they are just encouraging panic sell hemorrage of the best domains. Thanks for reminding all of us that its not what domains you have, its what you do with it in the next 2 years (at least) with your self-determination, hard work, and ingenuity and not short-selling your value.

I completely disagree. Now is exactly the time for people that are smart, dedicated, and hard working to cast out on their own and rely on their own drive and ambition to succeed.

Those who rely solely on an employer to keep them employed may find themselves in a pinch if they put all of their eggs in that basket.

You make your own history, people. You act smart, buy smart, sell smart, you will push forward and continue to make money. For every “lack” of an answer, someone will come up with a respectable solution quickly. For every doomsayer, they make money selling their woeful tales, and then civilization continues forward, growing even ever stronger.

Unless King Neptune is posting here, I am giggling reading “seabass” reports, although two or three of his articles are about enough for me.

Thanks for the Fish Tales, Namecake!

Stephen Douglas
Successful Domain Management™
Blog: Successclick.com
DomainRelevance.com
“Own Your Competition™”

Most domainers are already moving towards development, minisite, blog, whatever. Plus a lot of people have already optimised their portfolios to retain the revenue names. People who have no income streams to support renewals will fail, more likely than not.

But one thing you fail to consider… with more people out of jobs, the web offers a low entry barrier for people looking for alternate sources of income. And since it is global, a demand for exactly what you recommend people should sell off might actually take you by surprise.