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

 

[gladdy]

On Sedo there is a lot of ongoing auctions
xzxl.com 1,060 USD No Reserve 10
lhqs.com 1,111 USD 1 - 99 USD 10
nqcc.com 1,200 USD 1 - 99 USD 14
rfmn.com 1,111 USD 1 - 99 USD 19
rpdx.com 1,060 USD 1 - 99 USD 8
bjzc.com 1,938 USD No Reserve 2
qsyl.com 1,151 USD No Reserve 6
dxkm.com 1,112 USD No Reserve 12
fffz.com 3,201 USD No Reserve 10
hbbb.com 4,000 USD No Reserve 8
nnnm.com 3,400 USD No Reserve 9
bbbm.com 4,000 USD No Reserve 8
cxxx.com 5,100 USD No Reserve 25
mlfz.com 1,070 USD No Reserve 13
rlky.com 1,120 USD No Reserve 12

 

[1john2004]

Just check prices and compare with the last week.
http://www.llllsales.com/index.php?o=64

 

[djum]

who would buy those non-good-looking-and-meaning LLLLs?

Lemmings

 

[NPer]

 

[yisites]

Lemmings

i am among the diving crowd. :D

 

[djum]

At least you know what you doing, so can't be considered true lemming.
Western people who have no idea how to value those acronyms in Chinese, but attracted by profit smell are true lemmings

 

[rocky123]

great one. But I do hope you are wrong on this one man

 

[webm]

 

[krx]

It seems that the LLLL.com auction prices drops a bit from 1200$ to 1100$ or 1000$ these two days and
most LLLLs.com finalizes at around 1100$. The Chinese forums are debating about if those who have hundreds or thousands of LLLL.com are cashing out and run....

CP LLLL.com sales under $1200 reported on LLLLSales.com

9/28: 3 (so far)
9/27: 5
9/26: 5
9/25: 8
9/24: 6
9/23: 9
9/22: 10
9/21: 18
9/20: 7
9/19: 6
9/18: 10
9/17: 16
9/16: 11
9/15: 20
9/14: 18

Do you see a trend?

The increased number of CP LLLL.com for sale today is normal. Less demand over the weekend deflates prices, so people wait until Monday morning to list. But there is no indication of anyone dumping hundreds or thousands of domains on the market. Where do you see evidence of that? Can you provide links?

 

[campout]

If you can buy for under $1,000, you can flip it immediately. I believe it's a good arbitrage regardless of what you think of the letters and end-user potential.

Is there a $1,000 base here at NamePros now? If so, there you go -- only pay Paypal fees. Make money. Rinse. Repeat.

 

[Jen-Sin]

No sub $1k sales reported in LLLLSales.com for the past 5 days.

 

[vickyhunter]

I just grabbed one for $950 on Flippa!

 

[djum]

RXSN.com?

 

[vickyhunter]

RXSN.com?

You almost got it. Its RSXN. Now you see how the LLLLSales.com list looks like? :P

 

[gladdy]

Here is a lowest you can buy with BIN on Godaddy

kpdj.com 1279 USD
rtkd.com 1241 USD
bktn.com 1233 USD
qrfp.com 1228 USD
snxr.com 1228 USD
fwrk.com 1200 USD
gkyt.com 1200 USD
lksx.com 1200 USD
zbrk.com 1200 USD
xbrs.com 1090 USD

 

[djum]

You almost got it. Its RSXN. Now you see how the LLLLSales.com list looks like? :P

I was watching this domain like month ago and they still send me updates.

 

[Nile Patel]

Look like Bubble going to burst soon or will hold for next 2 year? One of big 4l.com investor told me floor price will go 3k if you hold for one year, do i believe him or flip my name next month?

 

[Lexi]

I don't think it's bubble, just a new reality. For people from China their letters are very premium and China is big
BTW the same "bubble" is with nnn.com, nnnn.com, nnnnnn.com, ccc.com ,lll.net etc.

agreed

 

[djum]

Look like Bubble going to burst soon or will hold for next 2 year? One of big 4l.com investor told me floor price will go 3k if you hold for one year, do i believe him or flip my name next month?

Noone knows, it's free market, even big investor can't control more than 1000-2000 domains of this type.
And if they do it's not that easy to manipulate the market without people noticing.

 

[Kate]

In any market, sharp increases in prices combined with blind conformity, especially when driven by domainers (aka traders) are going to be followed by a market correction. You don't buy at the peak, you sell.
I don't think the supply of end users has really increased so much, so the move is fueled by speculation. When the flow of money dries up, contraction (like in physical cosmology) will begin. Big Crunch.

You'll see if current prices keep up.

The picture above sums it up quite well