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Raymond Hackney

An Auction Battle for a 9N .com?

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By Raymond Hackney, Oct 2, 2015
  1. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    The auction just wrapped up on DropCatch for 888828888.com. The domain has been registered a couple times going back to 2011. It was dropped and registered again, and then dropped again. Each time it has been a Chinese registrant.

    DropCatch caught the domain name and there was a back and forth between First1 (the bidding agent for Chinese sites like Jinmi.com) and Nameword.

    Here is a look at the back and forth that lead to the $720 sale price.

    nameword HIGH BID!
    nameword P $720.00 10/2/2015 13:24:16
    first1     $670.00 10/2/2015 13:24:16
    first1     $620.00 10/2/2015 13:20:03
    nameword P $620.00 10/2/2015 13:20:03
    nameword   $570.00 10/2/2015 13:16:24
    first1     $520.00 10/2/2015 13:14:48
    nameword P $500.00 10/2/2015 13:14:48
    first1     $480.00 10/2/2015 13:14:48
    first1     $460.00 10/2/2015 13:12:27
    nameword P $460.00 10/2/2015 13:12:27
    nameword P $440.00 10/2/2015 13:09:55
    first1     $420.00 10/2/2015 13:09:55
    nameword   $400.00 10/2/2015 13:07:56
    first1     $380.00 10/2/2015 13:07:42
    nameword   $360.00 10/2/2015 13:03:22
    first1   P $340.00 10/2/2015 13:03:22
    nameword   $340.00 10/2/2015 13:03:22
    first1   P $320.00 10/2/2015 13:01:51
    nameword   $300.00 10/2/2015 13:01:51
    first1   P $280.00 10/2/2015 13:00:59
    nameword   $260.00 10/2/2015 13:00:59
    nameword   $260.00 10/2/2015 13:00:59
    first1   P $224.00 10/2/2015 12:59:41
    nameword   $204.00 10/2/2015 12:59:41
    first1   P $184.00 10/2/2015 12:59:00
    nameword   $174.00 10/2/2015 12:59:00
    first1     $144.00 10/2/2015 12:57:47
    nameword   $134.00 10/2/2015 12:57:09
    first1   P $130.00 10/2/2015 12:57:09
    nameword   $124.00 10/2/2015 12:57:09
    first1   P $114.00 10/2/2015 12:56:29
    nameword   $104.00 10/2/2015 12:56:29
    first1   P $ 99.00 10/2/2015 12:55:22
    nameword   $ 94.00 10/2/2015 12:55:22
    first1   P $ 89.00 10/2/2015 12:54:03
    nameword   $ 84.00 10/2/2015 12:54:03
    first1   P $ 79.00 10/2/2015 12:52:11
    nameword   $ 74.00 10/2/2015 12:52:11
    first1     $ 69.00 10/2/2015  5:13:21
    first1     $ 64.00 10/1/2015 19:12:47
    nameword P $ 64.00 10/1/2015 19:12:47
    comain     $ 59.00 9/29/2015 11:40:50
    first1     $ 59.00 9/29/2015  8:54:22
    nameword   $ 59.00 9/29/2015  8:31:09
     
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  4. equity78

    About The Author — Raymond Hackney

    Writer - Consultant - Domain Trader

    This is Raymond Hackney's 17th blog post on NamePros. View all blog posts

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  5. Comments (42)

  6. Keith

    Keith Top Contributor VIP ★★★★★★★★★★

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    Dumb IMO
     
  7. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    You could probably get a 5N or really good 6N.com for that price.
     
  8. domainerfella

    domainerfella DN.DOMAINS VIP

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    Thanks for following this up, Raymond!
     
  9. Keith

    Keith Top Contributor VIP ★★★★★★★★★★

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    Exactly. Sequence is cool but it gets to a point where the length of the domain hurts the value.
     
  10. Domain Shane

    Domain Shane Top Member DSAD.com Staff PRO VIP ICA Member ★★★★★★★★★★

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    Pretty sure "First" is not dumb. He/They have been buying every numeric they can buy for three years. They bought NNN.coms for $15K and they are now all over $100K. And 4N.com by the hundreds for $1000. So spending $720 when they've made millions in the last year is nothing. I wish I were as dumb as First
     
  11. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    To save everyone from doing a check yes 888808888.com through 888898888.com are registered.
     
  12. domainerfella

    domainerfella DN.DOMAINS VIP

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  13. Keith

    Keith Top Contributor VIP ★★★★★★★★★★

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    It's dumb.

    I suppose if they bought 15N you'd think it's smart since they made a buck in other areas?
     
  14. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    First is also not just one person they are a bidding agent for Jinmi.com users and other Chinese websites. So the buyer here is not the person who may have bought another numeric for $1,0000 or $10,000.
     
  15. domainerfella

    domainerfella DN.DOMAINS VIP

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    Okay, let's take it this way. They are investing on their own investments by adding value on numbers like this! In other words, their spending of 720 on a 9n have increased value of their own investments in similar combinations in lesser Ns! At the end, they gain always.
     
  16. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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    @Domain Shane makes a valid point that $720 is nothing to those guys. It is all about the patterns. You just wonder how many numbers will they go out ? 9 is not crazy as people remember those long qq addresses and phone numbers.
     
  17. Abdullah Abdullah

    Abdullah Abdullah Top Contributor VIP

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    What if that is a ponw number ? And wants to match the site? It happens in China.So there is hope for mt 8882838.com lol
     
  18. cocaseco

    cocaseco Top Contributor VIP

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    I sure would. Bottom line here is making money and if you had the forethought and vision to buy a name that others saw as worthless, then sold it for a nice profit, I'd say that's pretty damn smart.
     
  19. DnEbook

    DnEbook DataGlasses.Com VIP ★★★★★★★★★★

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    Another longish name was 99996666 around $500
     
  20. hookbox

    hookbox Top Contributor VIP

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    So easy to manipulate ANY niche in the domain market. Buy a bunch of good 9 number domains, get together with a buddy and raise the price on a dropped domain to a preset price that you both had already agreed on before hand. Fight it out for all to see because you know everybody and their mother will be watching a ridiculous 9 number auction go through the roof and then cash in with all those other numbered domains you already accumulated. Manipulation at its finest. Hilarious!
     
  21. FPForum

    FPForum Top Contributor VIP ★★★★★★★★★★

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    I wouldn't have bought it.. But then again, I'm sure there are names I've bought that both of those guys wouldn't want to touch either, lol. We all have our own reasons for wanting something and if they've got hundreds to waste on a 9N domain then more power to them :)
     
  22. theSun

    theSun Account Closed (Requested) PRO VIP ★★★★★★★★★★

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    Hmm, should I tell the agent 888828888.net is available to register? Just like the puppy in the following pic?

    [​IMG]
     
  23. domainerfella

    domainerfella DN.DOMAINS VIP

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    Let's see how long this will stay and who here regs it.
     
  24. Domain Shane

    Domain Shane Top Member DSAD.com Staff PRO VIP ICA Member ★★★★★★★★★★

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    I've said it publicly that I am a trader and an investor. As an investor I buy things that I think will buy and hold because they have long term value. Then there is the trader side. I could care less what the value is or why as long as it continues to move up. I am going to buy and try and sell it in the shorter term. Every investment has a bag holder at some point. It could be months, years, decades, or centuries. There will even be a day when we don't even use domains as we know them, but until that day comes there is money to be made. And in this case someone thinks it will come with really long numerics and likes 8s. I am not stupid enough to call anyone dumb for buying a name because I've been doing it long enough to know I don't really know. I've witnessed and watched people call others dumb for buying NNNN.coms for $2K when the going rate was less. And even more criticism for picking up hundreds of 5N.com. Those buyers have made bank

    I guess if you we keep calling people dumb at some point one of the people actually will be.
     
  25. Raymond C

    Raymond C Established Member

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    Wow, I got 88828882888.com
    This may worth something!
     
  26. Joseph Green

    Joseph Green Established Member ★★★★★★★★★★

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    I bet when that day comes, the domain market that will exist at that time will be so strong and fully developed, that domains will still be traded at unprecedented values.

    Similar to paper money, which used to be backed by gold, but let's face, now it only has value because everyone chooses to let it have value. Domains are headed in a similar direction.

    That's my prediction anyway.
     
  27. vinsdomains.com

    vinsdomains.com VIP Member PRO VIP Gold Account

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    Certainly a wild ride to watch!
     
  28. DnEbook

    DnEbook DataGlasses.Com VIP ★★★★★★★★★★

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  29. artstar

    artstar Top Contributor VIP

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    I still can't figure this dang domain industry out even after 10 years its mind bending !!!! Lol

    :xf.confused:
     
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