Random Waves of Insight

I can't believe it! Wow! The auction is happening right now.

For those of you that don't already know, owning a domain name is like owning a piece of real estate. And there is a fixed amount of this commodity. So if someone is willing to pay $2.5 million for pizza.com now, imagine how much it will bring in 10 years from now?

I once read someone's theory that all internet business could end overnight because of some crazy new invention that superseded the entire web. They didn't really think it would happen, but it seemed possible. I'll bet one of the major concerns when shelling out big bucks for a domain name is whether or not another dot com bubble has formed... and is ready to pop!

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