Business

Are prices for four letter domain names reasonable?

After visiting some domain forums, do some research on some domains. I was puzzled by the fact that there were some threads tracking the value of “lll.com” and “llll.com”. To my amazement, I couldn’t imagine why anyone would want to have four l’s for a domain. Since it doesn’t really describe what the website is about. Then I thought about the human nature aspect of owning a domain name with four letters or numbers. Since not many people will be able to own that kind of domain name! Of course, that adds to the value of four-letter domain names, but since the Internet is constantly growing. Even being more popular every year and it has even more time to grow, I think that the value is reaffirmed.

The Internet is massive and is constantly growing with the introduction of blogs that allow people to interact. Since the technology also continues to expand into more powerful languages ​​like Ajax, PhP, and Java, continued expansion is a logical assumption. Not only that, hosting and storage prices have come down a lot since 2000, making it much more cost effective to host your own website. Which again increases the value of domain names as you are adding demand for the need for domains. In my opinion, as storage becomes cheaper, technology makes website file sizes more compressed, the demand for domain names will continue to increase. Including domains that are four letters with no other apparent value than what is in demand.