domains 5N.com day at GoDaddy auctions

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equity78

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It was 5N.com day at GoDaddy auctions on Monday. 168 of the 169 names that were at auction were at GoDaddy. There were only 2 auction closes over $1,000. 58118.com was the high close at $3,101. $40,000 plus in total proceeds. When you look at each name individually you will see that most of these […]

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The 5N market has been very bad recently
 
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Why has the demand dropped? Do you see this market changing?
 
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Nearly 400 auctions for 5N.com in the past 3 days! I was hoping so many hitting all at once would cause prices to plummet but the market held up surprisingly well absorbing $150,000+ of inventory. Prices rose slightly each day as people competed for deals. Managed to snag a couple non-premium in the $130s on day 1 and then was constantly outbid on day 2 and 3. Similar for premiums... snagged some good ones for $500-$700 on day 1 and then was constantly outbid at $700-900 on day 2 and 3. Sold a 5N for mid 4 figures the day before all these auctions started so was really hoping to load up, but only managed to snag 24 of them.
 
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