Crazy sales on "Social" domains

There are still those thinking that domains are being overestimated. And yet another domain sale that hits the record. was sold for 228,600$ on NameJet. This may be considered a big sale, but it is still less then 10%  of the price payed for the domain a year ago in an auction. was sold for 2,600,000$ on a SnapNames auction. Beside these sales, another domain hack was sold for 50,000$ just a year ago.

It is reported that for the domain, a total of 415 bidders signed up for the heavily promoted auction. This means that the interest in the actual trends in Internet will be always high. If you get a feeling what the content in the next internet will be about, than this is the moment to get a good domain.