Quote:
Originally posted by SomeCreep
I know Taboo is not new in the sense that he just began registering domains or has a tendency to over value his domains. I think of him as a newbie because he has an incredibly bad business sense. Best example, is how he started that "domain" thread, which although can not be metered directly, has no doubt created an insane amount of new competition for domains. That single thread is responsible for driving up bids and searches on domains at auction (GFY is a powerful phenomenon). More competition may happen naturally over time, but the way Taboo purposely creates this, even driving up bids and searches on the same "blog" domains he is trying to acquire, is beyond me. It is stupidity and lack of wisdom at its strongest. Perhaps, he thinks he will make his domains increase in value by creating hype. That is the lack of widsom. He is losing far more than he will gain.
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You're right and you're wrong.
Yes, the thread has actually created a tornado of new interest and most certainly has raised bidding prices, but you're incorrect that Taboo is losing more than he will gain, because he's raising the value of the Taboo brand, which will help him get deals done and create interest in his sites in development.
