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auctions An Auction Battle for a 9N .com?

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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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The views expressed on this page by users and staff are their own, not those of NamePros.
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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
 
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To save everyone from doing a check yes 888808888.com through 888898888.com are registered.
 
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Keith said:
It's dumb.

I suppose if they bought 15N you'd think it's smart since they made a buck in other areas?
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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.
 
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you guys (all whoever are laughing at this) really have no clue what's going on in china.. the chineses need such numbers to sell them for killer profits to other chineses.. i lost my very own 78888887.com to such a chinese domainer once it expired and have got several offers on it before (max. was $1100).. i got lots more of 7 & 8 combos and patterns and trust me.. the chineses are crazy about these now, no matter if its 6N or 9N.. mine are mostly 7-8N and get lots of chinese visits for nearly half a year..

so i fully understand the bidding war about this domain here
 
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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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Keith said:
It's dumb.

I suppose if they bought 15N you'd think it's smart since they made a buck in other areas?
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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.
 
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Keith said:
It's dumb.

I suppose if they bought 15N you'd think it's smart since they made a buck in other areas?
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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.
 
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Wow, I got 88828882888.com
This may worth something!
 
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I agree, it's not dumb. Just because numbers do not mean much in our cultures it doesn't mean the do not have value in others, so some ( even long ) number combinations are worth spending money on.
I own two 8N with raws of 8s and I am sure they will sell for good money: would I buy any 8N combination? No I wouldn't but knowing what has potential and what doesn't is part of our job.
 
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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.
 
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Hmm, should I tell the agent 888828888.net is available to register? Just like the puppy in the following pic?

11998825_1189184317765522_6628806828998071512_n.jpg
 
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I was tagged earlier back because I started a 9N "early bird" thread a week or so back. As I've said in quite a few threads, at some point the issue stops being about the length. When it comes to numerics, domainers are fixated on length as the only possible value proposition... probably because that's easy and it has worked.

But as 5N premium's are running into the $2k to 5k range and 6N's are picking up... there comes a point where length is tossed to the wayside. It's been suggested that in the foreseeable future, premium 6N's will run into the $1,000 range.

Patterns and premium combinations far outweigh "junk". Though I own both
168761.com and 888181888.com, I think the latter has better potential for a bigger sale down the road... And no, I don't think every 6N, 7N and 8N have to sell out for that to be the case.

But good luck, at this point, finding decent combinations of premiums for hand-reg anywhere in the 6N through 8N fields. And the 9N "ultra-premium" names like the one I listed here are disappearing super fast.
 
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Want some crazy detail?

Some verified sources have just recently told me that e.g. the 8N 88888888 dot com sold for more than the 7N 8888888 dot com..
Why? because the number of digits matches the number 8 as well.. call it crazy, but that's how it works for the chineses.. if you check whois you will also note that the 8N has been registered from 1997 on while the 7N has expired once and been picked up in 2010..
 
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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.
 
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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!
 
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DomainVP said:
So if "First" (NameJet) or "Frist1" (DropCatch) is in your auction it's going to get "Expensive" - does that seem like an accurate assumption?
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Yes that's correct. I was pissed I had them and another Chinese buyer in on yh131.com, I was auctioning at NameJet, luckily I was able to buy it cheap on a place where they don't hang out so my cost was $10.99. The previous day yh132.com closed on Go Daddy over $300. So I think cool these two guys go back and forth. It only got one back and forth and First won for $79.
 
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artstar said:
I still can't figure this dang domain industry out even after 10 years its mind bending !!!! Lol

:xf.confused:
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That's what keeps it interesting
 
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Dumb IMO
 
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Thanks for following this up, Raymond!
 
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equity78 said:
You could probably get a 5N or really good 6N.com for that price.
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Exactly. Sequence is cool but it gets to a point where the length of the domain hurts the value.
 
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