Dominion.Domains

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

Labeled as .com in Domain Name Sales started by equity78, Jul 11, 2018 at 7:44 PM.

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  1. equity78

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

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    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...]
     
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  2. Constantin S

    Constantin S BRANDUE.COM VIP

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  3. Satyajit Adhikary

    Satyajit Adhikary Established Member

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    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 Blah VIP

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    Damn. Domains for mortgage. Where can i send mine?
     
  5. Ootsa

    Ootsa Upgraded Member Gold Account

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    Interesting news, thanks for this.

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

    CJ6 Blah VIP

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    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 at 8:09 PM
  7. DomainVP

    DomainVP Domain Expert Gold Account VIP

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    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 ★★★★★★★★★★

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    $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 Upgraded Member Gold Account VIP

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    Thanks for sharing
     
  10. offthehandle

    offthehandle . Gold Account VIP

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    4L floor prices already dropped 30%-50% from 2017.
     
  11. DnEbook

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

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    What happened to the group that let you borrow against your names I wonder ?
     
  12. Addison

    Addison Established Member

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    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 at 3:58 AM
  13. DnEbook

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

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    Pawn Domains?
     
  14. Addison

    Addison Established Member

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    DigiPawn.com (Borrow Money with your Domains | The First and Largest Financiers of Domain Names)
     
  15. andydotlol

    andydotlol Upgraded Member Gold Account

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    Interesting. Thanks for sharing.
     
  16. platey

    platey Active Member VIP

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    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

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    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

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    & "4l Chips" are supposed to be the most valuable?

    thanks
     
  19. frank-germany

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

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    redirects to a parked page
     
  20. premkumar

    premkumar Established Member

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    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

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    http://archive.is/i2wAK
     
  22. MasterOfMyDomains

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

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    DigiPawn i saw that advertized on domaining.com
    My bet is same guy
     
  23. AfterBreak

    AfterBreak Upgraded Member Gold Account

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  24. elmoney

    elmoney Active Member VIP

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    Chinese domainers start investing in the crypto industry
     
  25. majiksema

    majiksema New Member

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    ter3.com for sell
     

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