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The Value of Milk.com

milk.com

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Re: The Value of Milk.com

#41

Post by altdataseller »

x3sphere wrote: post #32
Reubend wrote: post #11

The owner is dreaming if they think that domain is worth $10 million. But that's fine, because they like the name, and there's no reason to sell it for a number they're not happy for. Personally, I wish we had more TLDs. Many of the most useful ones are expensive because of rent seeking companies that became the main registrar for them.

Looking at sales of other domains I don’t think 10M is insane for the right buyer. https://en.wikipedia.org/wiki/List_of_most_expensive_domain_... , Beer.com sold for 7M in 2004.

That was 20 years ago

Re: The Value of Milk.com

#42

Post by cortesoft »

joegibbs wrote: post #33

I don't think that domains are worth nearly as much as they were 15-25 years ago. Back at the start of the web a lot of people would go to sites by typing in the URL directly, which made it worth something to have the perfect domain for your business sector - people heard the name of the brand and went to [whatever].com. Since search engines took off, most people would go to Google first and then type in the brand. A…

I feel like the rise of advertising malware attacks (where someone places a google ad on a domain name they don’t own, so that people searching for that site directly are tricked into clicking on the malware ad instead) is bringing back typing domains directly. I know I have personally started avoiding using google search as my dns.

Re: The Value of Milk.com

#43

Post by awb »

makeitdouble wrote: post #21
klipt wrote: post #10

Per Henry George we should tax this kind of speculation and rent seeking, by taxing things like land and internet domains. We could use the money to reduce our national debt, or pay for things like healthcare and education.

As I get it, this guy is not making any money from owning the domain, and doesn't seem to be actively trying to. What would you tax then ?

A tax is usually a percentage or income but my definition it need not be. It can be a flat tax. Or a tax on an assessed value, like a property tax.

I think the idea is if you tax people ~$1k/year/.com domain or 5% of the assessed value then you have fewer domain squatters and fewer stagnant domains. I guess students, hobbyists, etc. would then have to move to a corporate entity like GitHub Pages, Netlify, etc.

A tax on assets resuces some problems but creates others.

Re: The Value of Milk.com

#44

Post by [deleted] »

jjulius wrote: post #37
greentext wrote: post #34

Earlier quoted context omitted.

[flagged]

I don't really see anything wrong with saying "yikes" to someone who is needlessly over the top with calling someone an "entitled asshole". It's a bit sad to see someone so rude or angry over something meant so lightly. I hope you have a pleasant evening. :) Edit: Well, those are quite the edits you've made there. There was no "reading into" your comment necessary - you called the person an entitled asshole. Your ini…

[deleted]

Re: The Value of Milk.com

#45

Post by danfuzz »

jjulius wrote: post #28
lolinder wrote: post #23

There are a lot of people commenting assuming that this guy actually wants to sell the domain for $10 million some day. I don't read this that way at all— it sounds to me like he's very content owning the domain but has set a really high number for which he'd realistically be unable to say no and publicized that number to try to get people to stop contacting him. Unlike domain squatters he's actually using this domai…

Yeah, this is exactly my takeaway, as well. Whole bunch of folk in these comments are taking this way too seriously lol. Relax, enjoy it for what it is. I chuckled.

This is also my take.

Re: The Value of Milk.com

#46

Post by satvikpendem »

x3sphere wrote: post #35
joegibbs wrote: post #33

I don't think that domains are worth nearly as much as they were 15-25 years ago. Back at the start of the web a lot of people would go to sites by typing in the URL directly, which made it worth something to have the perfect domain for your business sector - people heard the name of the brand and went to [whatever].com. Since search engines took off, most people would go to Google first and then type in the brand. A…

I agree it’s not as important. There have still been some rather high .com sales though… Ai.com sold for 11M recently. Now personally, I have never accessed ChatGPT through that domain and never seen it even linked from that.

Even ChatGPT's domain for quite a while used to be chat.openai.com, which only recently redirects to chatgpt.com.

Re: The Value of Milk.com

#47

Post by danfuzz »

klipt wrote: post #10

Per Henry George we should tax this kind of speculation and rent seeking, by taxing things like land and internet domains. We could use the money to reduce our national debt, or pay for things like healthcare and education.

In what way is he actually speculating or rent seeking? He has a real website on it — not just a placeholder — and he's got DNS MX records, so it's presumably actively used for email.

Re: The Value of Milk.com

#50

Post by p0w3n3d »

joegibbs wrote: post #33

I don't think that domains are worth nearly as much as they were 15-25 years ago. Back at the start of the web a lot of people would go to sites by typing in the URL directly, which made it worth something to have the perfect domain for your business sector - people heard the name of the brand and went to [whatever].com. Since search engines took off, most people would go to Google first and then type in the brand. A…

People indeed are using search engines (i.e. Google) to navigate to domains (I saw even people who entered the fqdn into Google only to see it as the third/fourth link after the ads) however as Google indeed is the ruler of souls (I saw also people not finding the domain in the links, despite having it entered into google) I dare say whole world business depends on search engines (i.e. google) and this must stop.
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