This story is not about NameJet, and won’t mention NameJet beyond this point.
Sundays are great days for introspection, particularly by finger-pointing domainers with plenty of time on their hands.
Popcorn-popping discussion threads often attract tinfoil hatters and kooks alike; whether there is a real fire or not, such events soon become eruptions of volcanic intensity.
Eventually, the spectacle becomes the primary focus, not the cause of it.
This approach is true since the dawn of the Internet, and it won’t go away anytime soon. People love to see things blow up, even if it’s just an explosion involving words.
Demands about how a business should conduct its own analysis have no place in any community, and those unwilling to accept the results of an internal investigation can most certainly vote with their feet.
Obviously, those that feel that were damaged financially and have solid proof can always hire an attorney and file lawsuits – we recommend calling Saul.
With that in mind, it’ll be interesting to see how the domain market will carry on attracting those who believe it’s just a flipper’s paradise, built on “coinage” domains aka “liquid domains.”
Generating small profits from a multitude of sales is feasible, but is it sustainable?
When one or more domain marketplaces vanish into thin air, domainers will soon realize that small town mentality leads to small town profits: Zero growth quickly leads to financial death.
The domain industry is a pyramid structure, with many investors reaping small profits at the bottom, and few large profit-makers at the top. The problem is, that the bottom part of the pyramid will never climb to the top, not without willingness to learn the ropes and without any understanding of the industry’s dynamics.
And that concludes our July Editorial, which is not about NameJet.
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