news All Chinese premium LLLL.net were registered.

[DotCN]

About one hour ago, all Chinese premium LLLL.net were registered.

No single Chinese premium LLLL.net is left...
I am checking it again.

 

[Genius327]

Another bump in prices!

LLLL.net now are at 566 RMB which equals to $89 USD.

It's only 10:30 a.m. in China and about 850 LLLL.nets have changed hands already.

Both the price and volume are likely to increase further in the next 24 hours.

 

[djum]

Another bump in prices!

LLLL.net now are at 566 RMB which equals to $89 USD.

It's only 10:30 a.m. in China and about 850 LLLL.nets have changed hands already.

Both the price and volume are likely to increase further in the next 24 hours.

$75000 were spent today in less than 10 hours on Net Chips, someone loading big time
Only 4450 names left in inventory now.

Only few sales 566 RMB, most sales made at 599, 40 out of last 50:

560-600 RMB = 90-95 USD.

If they buy at $95, they believe the real value is more, right?

 

[krx]

$75000 were spent today in less than 10 hours on Net Chips, someone loading big time
Only 4450 names left in inventory now.

I thought all Net Chips were bought out a few days ago? Is there a list of remaining?

 

[djum]

I thought all Net Chips were bought out a few days ago? Is there a list of remaining?

They are all bought, now people buying them from each other at the auctions, Dropcatch, or expired auctions.

 

[Genius327]

I thought all Net Chips were bought out a few days ago? Is there a list of remaining?

They were all bought out on July 27th, if I remember correctly and not few days ago.

 

[Konga]

They were all bought out on July 27th, if I remember correctly and not few days ago.

He means expired domains, deleted domains and so on

 

[campout]

That strength was mirrored on GD today:

qqsg.net $85 (12 Bids) $12 Closed on 2015/10/24
zknx.net $90 (16 Bids) $12 Closed on 2015/10/24
tmtt.net $282 (40 Bids) $12 Closed on 2015/10/24
fjrr.net $101 (14 Bids) $12 Closed on 2015/10/24
sfkr.net $101 (16 Bids) $12 Closed on 2015/10/24
lspp.net $117 (17 Bids) $12 Closed on 2015/10/24
wtch.net $146 (19 Bids) $12 Closed on 2015/10/24

Interestingly, DropCatch was barely able to catch any today. Maybe the least % I've ever seen them catch. So maybe the Chinese are employing more firepower to get them, or maybe it was just a random thing today.

 

[djum]

30 minutes later another 170 names were sold at 585-600 RMD.
Now total number of names sold today is 1024 and 570 000 yuan spent on Net chips today so far.
Just 11.00 a.m. in China..

 

[campout]

@djum Where are you monitoring? Chaomi.cc?

 

[djum]

yes.

 

[Genius327]

That is escalating quickly!

Grabing popcorn. :D

 

[djum]

I really want to know how many names will be available for purchase after this huge accumulation.
Because what they show now: 3265 + 1326 = 4591 is bit outdated
Lower supply = higher price.
I uploaded some of my names to 4.cn with starting bid of $100, so far 2 days after a lot of names still verifying..
So the real size of supply is smaller
If it gets down to 1000 will be able to control the market price, LOL, unless someone buys them all for $1000/piece..

 

[Genius327]

I really want to know how many names will be available for purchase after this huge accumulation.
Because what they show now: 3265 + 1326 = 4591 is bit outdated
Lower supply = higher price.
I uploaded some of my names to 4.cn with starting bid of $100, so far 2 days after a lot of names still verifying..
So the real size of supply is smaller
If it gets down to 1000 will be able to control the market price, LOL, unless someone buys them all for $1000/piece..

Thanks and good to know! How many you and Nat are holding? I am around 110.

 

[djum]

So we can form Cartel :D

 

[campout]

@Genius327 I think I've got about 130 left.

 

[djum]

I have more than 200

 

[Beezy]

I can't believe i still got some for $34 this week.

 

[djum]

Someone has portfolio over 17 mln. yuan value 30000 names x 570 yuan = 17100000 yuan. = 2,736 mln. USD on 250K investment.

Not bad for 3 months investment.

 

[mirul]

Someone has portfolio over 17 mln. yuan value 30000 names x 570 yuan = 17100000 yuan. = 2,736 mln. USD on 250K investment.

Not bad for 3 months investment.

Got confused with all these figures

More info please

 

[Beezy]

Got confused with all these figures

More info please

This all started when someone registered 30k names. If they were approximately, $8 each, that would be around $250k investment.

Today those names are worth 30k X 570 yuan = 17100000 yuan.

17100000 yuan = 2.736 million US.