09-11-2006, 11:59 AM
andreww38 Wrote:zach,
but then at that stage i could prob turn $5000-10000 off it every month in adsense and aff mktg, so to sell it at $x,xxx wouldnt be worth it, would it?
You can pick up any stick from off the ground, coat it with gold and diamonds, and turn it into an abstract artistic masterpeice. That would be worth a lot. However, the stick in its current state is not.
If we value things on their potential, then all domain valuations (and stick valuations) will be in the thousands and thousands of dollars. You do not pay thousands of dollars for a blank canvas because it has the potential of containing a fantastic peice of art. No, you pay for what is there.
Of course, and as I stated in my last post in this thread, if you develop the domain, it could be worth a lot. Develop it into a site which 'holds' people and keeps visitors coming back, and you have a miniture gold mine. But again, no one is going to pay for a gold mine if there is no gold mine there. You have to build a mine, and you might find gold.
I don't mean to sound harsh, and I am not saying that in a year that domain won't have a great site, but the domain as it currently stands is worth what I valued it at earlier. Develop it, and you might very well have a great site (and that name is very brandable, so it shouldnt be too hard).
Zach