TBR Drop - Jul 12, 2023 (1.Viewing)

  • Topic Starter Eby
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Whoa, after I typed that, I looked and it had jumped from $1550 to over $4K! :oops:
 
Someone got a really good deal at $8901
 
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Eby said:
You were absolutely right!!
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You never know about this stuff, especially with the non-monopoly Canadian economy tanking and the Central Bank jacking interest rates yet again... I was thinking $10K easy if it hit during the Restricted/Blocked Madness, but these days you might as well toss darts to figure it out.
 
DomainRecap said:
You never know about this stuff, especially with the non-monopoly Canadian economy tanking and the Central Bank jacking interest rates yet again... I was thinking $10K easy if it hit during the Restricted/Blocked Madness, but these days you might as well toss darts to figure it out.
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You were right again. It cost $10K for sure. Nothing stops the domain craziness. Now would love to see it getting sold for 10X.
 
DomainRecap said:
I saw that coming, as CIP was exponentially better than PGI or HPM.
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Recap the DN Psychic from the future..> :ROFLMAO:

Larry Predictions.gif
 
Eby said:
:oops:
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Nothing to be stunned about, just like domain auctions are not predictable as a science!

It all depends who's at auction and if the right person is there at the exact time.

The entire secondary market of premium domains is based on that.
Investors are at the right place at the right time and foresee a domain that has future potential.

They acquire it and hold on to it until a potential company or end user shows up.

We see amazing domains going for less than the price of a donut all the time 🥴

it's all about the vision of that person being there at the right time and the right place
taking that shot and believing in that name.

6 digits domains get acquired for 2 digits from Savvy investors since 1994. Nothing New !
 
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CatchDrop said:
Nothing to be stunned about, just like domain auctions are not predictable as a science!
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If an investor didn't know that CIP would sell for more than PGI and HPM then he or she needs to quit. Now.

That's all I said, that "CIP was exponentially better than PGI or HPM" and that's cold hard fact to anyone with a brain - every one of the metrics was in CIP's favor.

And since all three were up for auction from the same TBR on the same week, thus on even ground, there was no "prediction" needed that CIP would sell for more than the other two, as it was a fait accompli.
 
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DomainRecap said:
If an investor didn't know what CIP would sell for more than PGI and HPM then he or she needs to quit. Now.

That's all I said, that "CIP was exponentially better than PGI or HPM" and that's cold hard fact to anyone with a brain. And since all three were up for auction from the same TBR on the same week, thus on even ground, there was no "prediction" needed that CIP would sell for more than the other two, as it was a fait accompli.
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I understand what you mean, and probably with research that may be the case. All I was saying is that there is still a remaining factor of unpredictability with any domain auction. And many times the opposite occurs as well, being a domain ending at a much higher price than foreseen or worth in auctions.
 
CatchDrop said:
I understand what you mean, and probably with research that may be the case. All I was saying is that there is still a remaining factor of unpredictability with any domain auction.
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Agreed, but in this case, with all three hitting the same TBR list and all going to auction the same week, I would have been content to bet money that CIP would have handily outpaced both HPM and PGI. When placed on even ground, the better domains of the same type tend to win out.

Had they all hit on different weeks, thus introducing more of an X-factor, then all bets would be off.
 
On that note, this might be a consequence of these off-kilter auction endings, as I really think that with CIP ending at the same day as PGI and HPM, it also hurt that duo's closing prices.

It could also work the other way, and if a hot LLL or word hits the auctions at WHC this week, then all of last week's similar TBR wins at BM and CD would be adversely affected by closing a week late.

But ya rolls the dice, and ya pays the price.
 
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DomainRecap said:
On that note, this might be a consequence of these off-kilter auction endings, as I really think that with CIP ending at the same day as PGI and HPM, it also hurt that duo's closing prices.

It could also work the other way, and if a hot LLL or word hits the auctions at WHC this week, then all of last week's similar TBR wins at BM and CD would be adversely affected by closing a week late.

But ya rolls the dice, and ya pays the price.
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Yes, competition between good domains is always a factor, whether it be multiple domains from the same session, or auctions bleeding into the next weeks session.

For example, I did want a couple of particular domains this week that I knew would be budget breakers, and the best one was the last one to end, so I certainly underbid or even completely ignored other auctions to focus on the few I actually cared about.
 
rlm said:
the best one was the last one to end, so I certainly underbid or even completely ignored other auctions to focus on the few I actually cared about.
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Exactly! If PGI or HPM was auctioning today, I would gladly pay $500+ for either. At the time, however, I was hoping I would win Explore for <$5k so I held off.
 
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