Chinese LLLL.com bubble!?

[freezer]

Is it a somewhat good estimate that
chinese LLLL.com premiums are at at least $1billion value today?
Unlike Number .coms chinese premium LLLL.com boomed in value in a very short period.
Will they hold their value or is it the biggest BUBBLE ever seen in domains?

Share your thoughts please

 

[webm]

Chinese love to gamble. And as their government doesn't allow them to, they make use of any other potential "gambling object". Domains luckily belong to that group.

Why don't they simply head to macau for a few hours distance and satisfy all their fancy of Gambling ? : P

 

[5dots]

They actually do! There's even limits on Macau visas for Mainland Chinese for only that reason

 

[Jeffrey Emerick]

Bubble or no bubble(new normal) its been fun! Thanks and Cheers! I just bought a new front loading washer and dryer from LLLL.com profits.... reminds me of the early Bitcoin Days

 

[rocky123]

Yup It has been great ride. Just tad uncertain with all humbo jumbo things happening in financial world

 

[andom]

Yup It has been great ride. Just tad uncertain with all humbo jumbo things happening in financial world

At least you can't take a short position on domains.

 

[rocky123]

At least you can't take a short position on domains.

I would have taken short position on .mobi

 

[krx]

Looks like the minimum for Chinese premiums may be starting to plateau, based on today's LLLL.com chart..

 

[rocky123]

how much would be the minimum value on any 4 LLLL.com? Do u think that floor value for any llll.com has crossed $100

 

[Jeffrey Emerick]

how much would be the minimum value on any 4 LLLL.com? Do u think that floor value for any llll.com has crossed $100

You are about a month behind!

Just look on ebay at the completed LLLL domain sales. HERE is a quick link Let me know if you find ANYTHING that sold for under $100!!

 

[discobull]

You forget about the people for whom $500 and $1000 like $10 and $50 for you.

That's not relevant to my point. What I'm asking is what evidence is there that these domains are a good investment at $500-$1000 each? If you buy 10 @$1000 each , you now have to make $10k on sales just to break even. If there's any indication that there's enough end user interest in these domains to turn a profit at this price level I'm not finding it. My own anecdotal experience is that these were tough to move at any price until this sudden spike in investment interest. What am I missing?

 

[andom]

My own anecdotal experience is that these were tough to move at any price until this sudden spike in investment interest. What am I missing?

I think it is just that, the spike in investment interest. If really perceived as an investment it does not matter if you sell one, all or none. Your investment is safe until the price does not decrease. I think you have to work a lot on the reseller market to not let that happen though.

 

[rocky123]

ust look on ebay at the completed LLLL domain sales. HERE is a quick link Let me know if you find ANYTHING that sold for close to $100!!

I was tracking GoDaddy and you must remember expiry auction domain sold for more than public auction.For Public Auction any LLLL.com would be sold around for 100+20%.

Anyway good for me because when i purchased few months back they were selling for $50 to $60.

 

[rocky123]

On second thought EBAY auction price has increased for LLLL.com has increased way beyond godaddy

 

[krx]

That's not relevant to my point. What I'm asking is what evidence is there that these domains are a good investment at $500-$1000 each? If you buy 10 @$1000 each , you now have to make $10k on sales just to break even. If there's any indication that there's enough end user interest in these domains to turn a profit at this price level I'm not finding it. My own anecdotal experience is that these were tough to move at any price until this sudden spike in investment interest. What am I missing?

What is driving the price up, at least on Chinese premiums, is the speculation that enduser sales in China have no where to go but up, both in terms of frequency and price. If you buy 10 CP LLLL.com today for a total of $10,000, all it takes is one or maybe two good enduser sales to make your money back and possibly make a profit. I suspect that part of the speculation is that these domains have or will acquire a certain "cachet", not as collectors' items as some have speculated, but as prestigious business and commercial domains (the same way LLL.com have elsewhere), in which case the value would rise exponentially, and that $10,000 initial investment would see a very healthy ROI, while the remaining unsold (to endusers) CP LLLL.com in the speculator's portfolios will hold their value (liquid assets) and maybe even increase in value on the wholesale market.

It is all speculation and as such a gamble. Anyone buying CP LLLL.com today is looking at a possibly long term investment. It doesn't cost much to hold these domains ($8/year plus loss of ROI on other investments the initial purchase price could have been used for). I personally believe it is a good bet if you can afford to hold them 3 to 5 years.

 

[discobull]

What is driving the price up, at least on Chinese premiums, is the speculation that enduser sales in China have no where to go but up, both in terms of frequency and price. If you buy 10 CP LLLL.com today for a total of $10,000, all it takes is one or maybe two good enduser sales to make your money back and possibly make a profit. I suspect that part of the speculation is that these domains have or will acquire a certain "cachet", not as collectors' items as some have speculated, but as prestigious business and commercial domains (the same way LLL.com have elsewhere), in which case the value would rise exponentially, and that $10,000 initial investment would see a very healthy ROI, while the remaining unsold (to endusers) CP LLLL.com in the speculator's portfolios will hold their value (liquid assets) and maybe even increase in value on the wholesale market.

It is all speculation and as such a gamble. Anyone buying CP LLLL.com today is looking at a possibly long term investment. It doesn't cost much to hold these domains ($8/year plus loss of ROI on other investments the initial purchase price could have been used for). I personally believe it is a good bet if you can afford to hold them 3 to 5 years.

I'm not arguing that you're wrong. I'm just saying that if there's a reason to be optimistic about the resale value of these domains, I'm unable to find it. I looked up the sales history of LLLL Chinese premiums, and only found 20 on the record that were over $10k. That's 20 out of 160,000 and most of them were NOT purchased as Chinese premiums, they just happened to be Chinese premiums in addition to something else. Here's the break down of sales over $10k:

kcms.com @ $10k = American gaming site
zmnm.com @ $10k = Hong Kong buyer, no site
pwrd.com @ $10k = Chinese buyer for a site called "perfect world"
cdlp.com @ $10k = Danish owner for unkown purpose.
xprs.com @ $10k = American owned, Logmein. ( express?)
glmx.com @ $11k = American owned, money market site
myyp.com @ $11.8k = American owned ( my yellow pages )
scpg.com @ $12.6k = British owned
csdn.com @ $14.5k = Chinese owned, no site
hyst.com @ $15k = Romanaian
ccms.com @ $17.4k = Unknown buyer
stpl.com @ $18k = Sahajanand Medical Technologies Pvt. Ltd. ( an Indian company with a site in English)
sgbl.com @ $18.75k = Lebanese company, site in French
cscm.com @ $20k = American company
sdfc.com @ $20k = Indian Company
wzrc.com @ $20k = Chinese company, site in Chinese
ngsn.com @ $20k = Soccer related site in English, unkown owner
cmdx.com @ $30k = American investment site
sylt.com @ $35k or $50k ( 2 sales records for this domain in the same month ) = German company
bdsm.com @ $295k = American sex site


That means that a maximum of 4 domains out of 160,000 were purchased as Chinese premiums at over $10k. It's possible that there are sales that haven't been recorded that change the picture, but when I look at what's actually on the record, I don't see anything to motivate me to run out and spend thousands on these domains.

 

[djum]

cdlp.com @ $10k = Danish owner for unkown purpose.

CD = compact disc
LP = long play.

 

[alexdon82]

current lowest price for chinese premium about $500-600 for resellers which buying them as a "solid investment" or just to speculate.
Also someone spamming us very oft to show "high demand" on such names, mostly from chinese emails.


Comparing to price for last years for such names, which was always under $50, mostly $10-30 on namepros it is over 1000% increase in a very short period of time, definitely looks like a bubble.

I could confirm reseller interest on this names, but for endusers changed almost nothing.
If it was really so huge interest from enduser in a past we never have seen such names for low $xx on forums in long term.

From my point of view, early or later reseller prices will be adjusted to reality.

 

[djum]

Also someone spamming us very oft to show "high demand" on such names, mostly from chinese emails.

Yes. This fcking guy: [email protected]

八月十五快到了祝你快乐，请问 是你的，3200卖不？
在不有时间没，你的这个域名能出售吗？ 请加qq:3012133189

 

[Jen-Sin]

Yes. This fcking guy: [email protected]

八月十五快到了祝你快乐，请问 是你的，3200卖不？
在不有时间没，你的这个域名能出售吗？ 请加qq:3012133189

He's wishing you a happy mid-autumn festival, which is this Sunday.

 

[djum]

No way! He's writing those letters with 3200 for good 2 months, I stopped reading.
And he replied to zero of my letters, so.
Spammer he is.