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The Value of Milk.com

milk.com

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Re: The Value of Milk.com

#51

Post by greentext »

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…

Nice. The "edit" portion was very clever!

Now write a short, trite comment.

Re: The Value of Milk.com

#52

Post by jjulius »

greentext wrote: post #51
jjulius wrote: post #37

Earlier quoted context omitted.

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…

Nice. The "edit" portion was very clever! Now write a short, trite comment.

Case in point, I suppose. Oh well.

Edit: Please, keep editing your posts. And also deleting your other crummy response about me being "attention seeking". Really not sure why you feel the need to continue to be an asshole.

Re: The Value of Milk.com

#53

Post by [deleted] »

jjulius wrote: post #52
greentext wrote: post #51

Earlier quoted context omitted.

Nice. The "edit" portion was very clever! Now write a short, trite comment.

Case in point, I suppose. Oh well. Edit: Please, keep editing your posts. And also deleting your other crummy response about me being "attention seeking". Really not sure why you feel the need to continue to be an asshole.

[deleted]

Re: The Value of Milk.com

#54

Post by danfuzz »

lmm wrote: post #38
makeitdouble wrote: post #21

Earlier quoted context omitted.

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 ?

You'd tax them some proportion of the fair market value of the domain, not their revenue, just like with any other form of land.

How would you calculate the FMV of milk.com?

Re: The Value of Milk.com

#55

Post by greyface- »

danfuzz wrote: post #54
lmm wrote: post #38

Earlier quoted context omitted.

You'd tax them some proportion of the fair market value of the domain, not their revenue, just like with any other form of land.

How would you calculate the FMV of milk.com?

What's the highest offer for it that you've rejected? That seems like a fair lower bound.

(Not that I necessarily support a Georgist tax in this case, since it seems that your interest in the domain is noncommercial in nature)

Re: The Value of Milk.com

#56

Post by lmm »

danfuzz wrote: post #54
lmm wrote: post #38

Earlier quoted context omitted.

You'd tax them some proportion of the fair market value of the domain, not their revenue, just like with any other form of land.

How would you calculate the FMV of milk.com?

You'd have an assessor compare it against domains that had traded recently (someone else mentioned beer.com), perhaps ask interested buyers to give a quote.

Re: The Value of Milk.com

#57

Post by [deleted] »

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…

[deleted]

Re: The Value of Milk.com

#58

Post by makeitdouble »

greyface- wrote: post #55
danfuzz wrote: post #54

Earlier quoted context omitted.

How would you calculate the FMV of milk.com?

What's the highest offer for it that you've rejected? That seems like a fair lower bound. (Not that I necessarily support a Georgist tax in this case, since it seems that your interest in the domain is noncommercial in nature)

Wouldn't that allow random people to increase your tax on domains you obviously don't want to sell ?

E.g. if you owned and actively used greyface-.com and I'd make an offer of 10 000$ just for the fun of it, either you literally give up your name (I eat the cost but that's a risk I could want to take) or you're stuck with a percent of that to pay every month/year even as nothing else changed for you.

Re: The Value of Milk.com

#59

Post by makeitdouble »

awb wrote: post #43
makeitdouble wrote: post #21

Earlier quoted context omitted.

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…

Thanks for the explanation.

I get the feeling it would be problematic for situations like one day Tesla getting bankrupted and would not able to keep paying a gigantic tax for tesla.com, when cars are still using it to check for updates or DRM access, and customers still go there to get support.

IMHO the domain tax having nothing to do with the value extracted from it doesn't fit with what we the role we give domains in our current world (which is also a reason why domains are so important)

Re: The Value of Milk.com

#60

Post by DaSHacka »

ToucanLoucan wrote: post #5

Fun fact. I approached a domain squatter for my name as a domain name (obviously not going to provide it) ending in a .com. I asked out of curiosity what they wanted. They were talking on the order of hundreds of thousands of dollars. Mind you, my name isn't... uncommon, but it's not common either, and this was a firstlast.com variety. I looked through the web archive and could see the domain had literally not ever h…

I suspect its like the New York City landlord conundrum; the squatter holds out for years pricing their listings at way more than their worth, hoping that a whale will come along one day and cover their losses by purchasing a single domain/property.
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