domains 509.com sells for a big loss from just three years ago

equity78 · Feb 25, 2021

It’s no secret numeric domain names have been taking a hit from their prices a few years ago. 509.com sold for $106,000 on Monday at Sedo. Nice price right? Not really, it sold for $295,000 just 3 years ago. The Booth brothers operating under BQDN back then sold the domain name on May 27, 2018. […]

Continue Reading

hunandomain · Feb 25, 2021

I think now is the right time to invest in bitcoin . Dotcoms have dropped in price .

griff · Feb 25, 2021

hunandomain said:
I think now is the right time to invest in bitcoin . Dotcoms have dropped in price .

Certain types of .com will probably decrease while others will get more expensive - the Western market is rising while the Chinese market (the main market for numerical .com's) has been decreasing for a while

"The Chinese secondary market has decreased in size significantly, declining from 45% of all transactions in 2017 to 18% in 2020. At the same time, the US market has grown, accounting for ~30% of transactions in 2020, up from 10% in 2017." - https://www.bcg.com/ru-ru/publications/2021/domain-name-secondary-market-insights

hunandomain · Feb 25, 2021

griff said:
Certain types of .com will probably decrease while others will get more expensive - the Western market is rising while the Chinese market (the main market for numerical .com's) has been decreasing for a while

"The Chinese secondary market has decreased in size significantly, declining from 45% of all transactions in 2017 to 18% in 2020. At the same time, the US market has grown, accounting for ~30% of transactions in 2020, up from 10% in 2017."

You're right sir! Speaking of dot coms I meant the chinese market, where figures are very popular ( or were once). It's no surprise that this domain was sold at this price .

AEProgram · Feb 25, 2021

hunandomain said:
I think now is the right time to invest in bitcoin . Dotcoms have dropped in price .

I'm guessing you purchased bitcoin at 58,000?

Dot coms are sky rocketing in price. This does not mean bitcoin is no good, almost everything is skyrocketing in price.

Mytz.com · Feb 25, 2021

So there should be no reserve

Syakera · Feb 25, 2021

I agree that quality dotcoms are rising sharply in price.

TauseefKhan · Feb 25, 2021

is it due to zero? or all numerical s are having similar fate

clarkemarketing · Feb 26, 2021

griff said:
Certain types of .com will probably decrease while others will get more expensive - the Western market is rising while the Chinese market (the main market for numerical .com's) has been decreasing for a while

"The Chinese secondary market has decreased in size significantly, declining from 45% of all transactions in 2017 to 18% in 2020. At the same time, the US market has grown, accounting for ~30% of transactions in 2020, up from 10% in 2017." - https://www.bcg.com/ru-ru/publications/2021/domain-name-secondary-market-insights

Why have the Chinese stopped buying domains?

AEProgram · Feb 26, 2021

clarkemarketing said:
Why have the Chinese stopped buying domains?

They didn't

clarkemarketing · Feb 26, 2021

AEProgram said:
They didn't

Why the HUGE shift in market share then?

domains 509.com sells for a big loss from just three years ago

More options

equity78

Top Member

hunandomain

New Member

griff

Account Closed (Requested)

hunandomain

New Member

AEProgram

Top Member

Mytz.com

- Web: MYYM.com - Web: HOSI.com - Web: TPDN.comTop Member

Syakera

Established Member

TauseefKhan

Top Member

clarkemarketing

Top Member

AEProgram

Top Member

clarkemarketing

Top Member

Similar threads

We're social

Latest news

New posts

Auction activity

What non .com extensions have you sold in 2024?

Polls of interest

Popular this week

Community favorite

Popular this month

Blog favorites

Pinned

Appreciation

Agreement