Many hold on to worthless domains thinking it might make a dollar one day, I know I have some of them myself.
I let one of my domains expire, checked yesterday and a company registered it and sells now for $2k.
Wealth has and continues to be consolidated.
The attitude of some domain owners to their non-core domains is like holding on to a rising balloon. It is just a question of when to let go. It can take about three renewal cycles for the registrant to make the Hold 'em or Fold 'em decision.
Many hold on to worthless domains thinking it might make a dollar one day, I know I have some of them myself.
Too many domainers are living in the past ... YMMV !.!.!
But still some hold onto them on the faint hope that they can turn a buck. Most are sadly mistaken and many are now realising that. The die-hards will hold onto them ..... until they die probably.
See the same all the time matrix_jam and RedBar. I don't care what stats you can produce the net is retracting as far as active websites.At times, it is hard not to think of Google and their algorithm twiddlers as truly evil site murderers who never created any website of worth. But that's a bit extreme. However Google is a major factor in the perception that the active web is shrinking. It is not. While not every domain is developed into a website. The problem is that most people have no idea of the scale of the web or the number of active websites. Many websites are rarely updated from one year to the next. People used to use search engines to find new and interesting sites. However around 2005, Google killed that kind of serendipity.