We recently were bidding on a single word domain name and in follow on discussions with the owner I had a realization. Most domainers believe (or want to believe) that they are getting a million dollar pay day – today! Here’s some advice – Tell ‘im ‘e’s dreamin’
Years ago I had the pleasure of meeting the Roderick McAllery, owner of The Trading Post in Sydney – he told me his grandfather conceived the idea whilst in the battlefield trenches during World War II. Many diggers bought and sold via The Trading Post to make money.
It seems the domainers have lost that Aussie Spirit and have lofty ideas on what the true value of their largely unmonetized real estate is.