Slashdot Mirror
Domain Names Worth Their Weight in Gold Again
prostoalex writes "So far in 2006 domain name on.com fetched $635,000, Macau.com was sold for $550,000, blue.com was sold for half a million, and Jasmin.com was bought for $310,000. With the exception of the last domain name, which is currently used for erotic video chat, the rest of the domains run some sort of domain parking ads. USA Today talks about revived interest to domain name trade, and companies like Marchex, a 'leader in vertical and local traffic', which happens to own a .com domain for every single zip code in the United States. There's also a report that in the few days that .eu domain names were made available, 1,454,218 European domains were registered."
If you buy and hold a domain name for more than a year before selling it for thousands of dollars, do you pay the U.S. IRS long-term capital gains tax? =)
And now, thanks to Slashdot, they've got tons of extra traffic plus a one-way link from a PR9.
bort.
Free, Anonymous surfing: Pagewash.com.
Domain Names Worth Their Weight in Gold Again
So how much exactly does a domain name weight? I'm thinking those that paid half a million dollars got ripped off badly.
Oh no... it's the future.
Borrowing some figures from another post, I get a value of $1357.15 per kilo.
The mass of a single electron is 9.1x10^-31. Putting these two values together gives a value of $1.23x10^-27 per electron. Not something you want to plan your retirement around.
Of course I feel I must point out that this neglects binding energy and such, but hey, it's late, I already feel like enough of a nerd for working this much out.
Oddly enough, I think "mortage.com" could be a clever company name for a mortgage company:
"Mortage: When you need some G's."