WallStreet.com domain goes on sale

A

a529612

Oct. 12 (Bloomberg) -- Forget the randy jokes. The question of whether money is hotter than sex may be answered today as the WallStreet.com Web address goes on sale.

The reserve price range is $4 million to $5 million, said Monte Cahn, chief executive officer of Moniker.com, which is managing the auction in Hollywood, Florida, and acting as broker. The final price may exceed the $9.5 million paid earlier this year for Porn.com, he said.

http://www.bloomberg.com/apps/news?pid=20601109&sid=a_HlKTEd6Ukg&refer=home
 
I don't understand how in the world wallstreet.com is going to get near the porn.com price. Porn has an unlimited potential.. esp with mobile applications exploding. I think Monte is probably just trying to hype it. I would pay double for porn.com though (if i had the cash.. lol )
 
Quote from a529612:

Oct. 12 (Bloomberg) -- Forget the randy jokes. The question of whether money is hotter than sex may be answered today as the WallStreet.com Web address goes on sale.

The reserve price range is $4 million to $5 million, said Monte Cahn, chief executive officer of Moniker.com, which is managing the auction in Hollywood, Florida, and acting as broker. The final price may exceed the $9.5 million paid earlier this year for Porn.com, he said.

http://www.bloomberg.com/apps/news?pid=20601109&sid=a_HlKTEd6Ukg&refer=home
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Someone -dumb- may pay it, true; but its a good buy?, hell no!

IMHO we are living a second dotcom bubble, read:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=106581
 
Yes, everyone types in wallstreet.com when they look for information and stock quotes.

10 million would be a bargain.
 
When does this domain name hype end....

who cares what the hell it is, its a domain name...

in 20 years you will look back and say who the hell was foolish enough to pay millions for a domain name.
 
Quote from S2007S:

When does this domain name hype end....

who cares what the hell it is, its a domain name...

in 20 years you will look back and say who the hell was foolish enough to pay millions for a domain name.
More...

I made a few million from domain names.

don't live under a rock. Good domains bring in a lot of revenue each and every day with 0 work.
 
At one time i had over 500 domain names ... i've cut back to about 150, cuz i got tired of paying those renewal fees.

I sold a few of them for like $1000 each, but just a very few. I turned down unsolicted offers in the 1k to 3k range on a few more.

I still think it's an interesting game, but I'm growing tired of playing it as far as buying is concerned. I will develop a couple more dozen with minisites and let them age for posterity. I'm 51 and am ready to start doing less. I may sell a few as i get offers.

If online real estate does in the next 30 years what offline locations have done in the past 30 --- those $8 annual renewals will look like a paltry sum.
 
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