There are literally hundreds of sites just like this. They use an incredibly primitive and outdated algorithm from the 1990's. It's basically just like pulling a number out of your ass and putting a $ sign in front of it. They make money from ad revenue and every idiot website owner that says "oh look, my site is worth $X,XXX!" and links to it, thereby bringing free people to the website and generating revenue for the owner of the website valuer.
Case in point, according to this site, a website that I started years ago and never did anything with is worth $6,210:
http://www.webpricerr.com/show.php?url=htt...indgroomers.comI just registered this domain name, threw up a basic HTML template, and let it sit for 3 years. If that's all it took to make a $6k website, I'd be a billionaire by now.
