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> almost unlike any other commodity

Art and people (sports, movie starts) are two I thought of instantly. And the insane, somewhat arbitrary (although it's always whatever someone is willing to pay) pricing of those makes domain market look clean and efficient.

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The comparison of domains to sports and movie stars (when it comes to being un-replicable and heavily influenced by taste) is very interesting. Maybe I'll start telling people that domains are like movie stars :)

An interesting question that then arises is what would be the equivalent of "character actor" in the domain world?

* .blogspot.com, * .wordpress.com, * .tumbler.com etc.

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