Dynadot

4L.com Chips are going down due to a scandal

Labeled as .com in Domain Selling and Domain Sales started by equity78, Jul 11, 2018.

Replies:
26
Views:
2,593

  1. equity78

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

    Posts:
    11,856
    Likes Received:
    8,333
    While talking to a friend from China. We were discussing 4L.com and Chinsese, chip related names. The prices have been coming down for the last few weeks. He told me he spoke to a friend who was a big buyer in China he told me the current LLLL market in China is sinking quickly. This is because a … [Read more...]
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Constantin S

    Constantin S BRANDUE.COM VIP

    Posts:
    3,257
    Likes Received:
    5,636
    This is crazy, thank you for sharing!
     
  3. Satyajit Adhikary

    Satyajit Adhikary SatyajitAdhikary.com Gold Account VIP

    Posts:
    757
    Likes Received:
    2,181
    That's kind of a temporary glitch..!! What percentage of investors might have been affected?🤔

    I had thought some government intervention and restrictions as in crypto industry, which would have made the whole scenerio much worse.
     
  4. CJ6

    CJ6 He did it, not me VIP

    Posts:
    2,379
    Likes Received:
    2,689
    Damn. Domains for mortgage. Where can i send mine?
     
  5. Ootsa

    Ootsa Upgraded Member Gold Account

    Posts:
    60
    Likes Received:
    124
    Interesting news, thanks for this.

    I have several LLLLs but never heard of mortgaging domains before.
     
  6. CJ6

    CJ6 He did it, not me VIP

    Posts:
    2,379
    Likes Received:
    2,689
    Hmmm. I could use a good 3L or 4L domain. Not really a chip, though. Maybe I can buy a good one on this dip.
    Crap. Nevermind, I only have a tiny bit of money to spend. Damn.

    I do feel sorry for the Chinese investors though. Getting scammed sucks!
     
    Last edited: Jul 11, 2018
  7. DomainVP

    DomainVP Domain Expert VIP

    Posts:
    3,333
    Likes Received:
    12,043
    4L Chips came to rise based on a 'trusted' transfer of value. These domains have mostly been about using a trusted commodity to get money safely in and out from Chinese restrictions.

    It's a bit absurd that having a vowel in a 4 character domain makes it any less valued, yet that was the decided upon structure that made a large pool of domains into a narrow scope of domains that had value. (Don't bother pouring the kool-aid and bring up Chinese pinyin and vowels)

    Bottom line, if you can't trust the system, then that takes the value out of the commodity.

    Think BTC and incidents like MtGox and further regulations.

    4L Chips are less trusted than BTC, and this is going to catch the attention of some kind of regulatory authority. So I'm going call that this has permanently damaged the value of 4L chips, and might just further fall to equal the rest of their 4L vowel counterparts.
     
  8. iowadawg

    iowadawg WHO CARES? VIP ★★★★★★★★★★

    Posts:
    28,170
    Likes Received:
    77,333
    $15 million is nothing compared to the BILLIONS that have been lost in stock and land and building deals.
    Seems like the Chinese millionaires and billionaires put their money into stock, land and building.
    then mortgage the crap out of the investments to continue the chain.
    Now the banks and government want their moneys and can't get to the moneys.
     
  9. TERADOMAIN

    TERADOMAIN Active Member VIP

    Posts:
    3,798
    Likes Received:
    6,750
    Thanks for sharing
     
  10. offthehandle

    offthehandle . Gold Account VIP

    Posts:
    3,290
    Likes Received:
    6,034
    4L floor prices already dropped 30%-50% from 2017.
     
  11. DnEbook

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

    Posts:
    15,651
    Likes Received:
    6,151
    What happened to the group that let you borrow against your names I wonder ?
     
  12. Addison

    Addison Established Member

    Posts:
    744
    Likes Received:
    1,586
    Those domains have, for all intents and purposes, been removed from the availability pool, resulting in less supply and the demand will rebound once there are new financing options for scarce LLLL .com chips. That obviously means the value of 4L .com chips will go up.

    intelend.com
    lendvo.com
    domaincapital.com
    etcetera
     
    Last edited: Jul 12, 2018
  13. DnEbook

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

    Posts:
    15,651
    Likes Received:
    6,151
    Pawn Domains?
     
  14. Addison

    Addison Established Member

    Posts:
    744
    Likes Received:
    1,586
    DigiPawn.com (Borrow Money with your Domains | The First and Largest Financiers of Domain Names)
     
  15. andydotlol

    andydotlol Upgraded Member Gold Account

    Posts:
    385
    Likes Received:
    327
    Interesting. Thanks for sharing.
     
  16. platey

    platey Active Member VIP

    Posts:
    1,851
    Likes Received:
    2,093
    I don't own any 4 L com and no chips

    I have a few 5L & 6L brandable in. com
    tho

    I'm not a fan of number domains either and there has been a lot of those sold recently it would appear in namebio results
     
  17. platey

    platey Active Member VIP

    Posts:
    1,851
    Likes Received:
    2,093
    a person being able to borrow against their domain name portfolio will be a huge emerging market

    Domain names are digital land eg digital fields

    a person could borrow against a portfolio of actual fields

    But a person cannot borrow against digital fields

    eg a person cannot borrow against their domain name portfolio yet

    But they soon will be able to

    and it will effectively be free money because the domain name owner can offer a % ownership of the domain as payment of loan against their domain name or the monetisation of a website using their domain etc plus the value of good quality domains is only going one way and that's up

    Domain name pawnbroker 's will be every where soon
     
  18. MS-Domains

    MS-Domains Established Member

    Posts:
    1,204
    Likes Received:
    2,271
    & "4l Chips" are supposed to be the most valuable?

    thanks
     
  19. frank-germany

    frank-germany F1lter.com xpired domain search engine Gold Account VIP

    Posts:
    5,670
    Likes Received:
    6,257

    redirects to a parked page
     
  20. premkumar

    premkumar Established Member

    Posts:
    732
    Likes Received:
    457
    so soon 4.cn will liquidate those LLLLs to cope up their money, which in turn flood the market right? otherwise they lose money both to renew and interest payment/opportunity cost
     
  21. Addison

    Addison Established Member

    Posts:
    744
    Likes Received:
    1,586
    http://archive.is/i2wAK
     
  22. MasterOfMyDomains

    MasterOfMyDomains Top Member VIP ★★★★★★★★★★

    Posts:
    4,040
    Likes Received:
    3,621
    DigiPawn i saw that advertized on domaining.com
    My bet is same guy
     
  23. AfterBreak

    AfterBreak Account Closed

    Posts:
    527
    Likes Received:
    46
    interesting news
     
  24. elmoney

    elmoney Active Member VIP

    Posts:
    2,000
    Likes Received:
    2,046
    Chinese domainers start investing in the crypto industry
     
  25. imadoer

    imadoer Active Member PRO VIP

    Posts:
    4,485
    Likes Received:
    4,280
    I still don't understand why people are buying them at the current price they just keep going down and down. I think the uglies will be worthless soon.
     

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!
Topics / Tags:

Share This Page

Lysted
  1. NamePros uses cookies and similar technologies. By using this site, you are agreeing to our privacy policy, terms, and use of cookies.
    Dismiss Notice
Loading...