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

 

[Nile Patel]

The buzz where? In China? I'm curious where you are hearing this.

Mr Xu's comments might have had something to do with the dip in prices. But I doubt it because 5L.coms have been getting reg'd at the rate of 60k per day for the last 10 days. No effect there. Other spaces getting eaten as well. 3L.com and 4L.com are at the center of the short domain market. But 5L.com is now fully in play and how can prices on 4L chips stay at $3000 when you can buy 5L chips for $8? $3000/20 = $150. So the market turns to 5L of course. Once all 5L chips are gone they will quickly rise in value and stop holding down 4L.com, which in turn is holding down 3L.com.

It's a spiral, an ebb and flow. This is how a market works.

You right i told same story in different words and few of them reply my story as monkey story and they already know that since many year, well good for them.
If Mr Xu's comment reacting this then 4.cn is going to get more harm as when price get down their commission get down or he might try to damage his competitors commission if his website auctioning name at fixed price.
Same thing when Frank schilling(https://en.wikipedia.org/wiki/Frank_Schilling) sold the portfolio i was wondering why he did but few days ago i got email now uniregistry starting their own auction marketplace same like godaddy , is any one else got same email i wish it is not spam message and that might be the reason for his portfolio flip, I m sure he need the cash to make that new venture successful as he know this game is not going to stop in next couple year and he can generate more revenue as auction house compare to his portfolio value, should we follow him and blindly sale our name at lower value individually you decide.
Please follow this big guys advice but do not mimic their buy or sale actions.

 

[pmax]

You right i told same story in different words and few of them reply my story as monkey story and they already know that since many year, well good for them.
If Mr Xu's comment reacting this then 4.cn is going to get harm more as when price get down their commission get down or he might try to damage his competitors commission if his website auctioning name at fixed price.
Same thing when Frank schilling(https://en.wikipedia.org/wiki/Frank_Schilling) sold the portfolio i was wondering why he did but few days ago i got email now uniregistry starting their own auction marketplace same like godaddy , is any one else got same email i wish it is not spam message and that might be the reason for his portfolio flip, I m sure he need the cash to make that new venture successful as he know this game is not going to stop in next couple year and he can generate more revenue as auction house compare to his portfolio value, should we follow him and blindly sale our name at lower value individually you decide.
Please follow this big guys advice but do not mimic their buy or sale actions.

Interesting that you mention Xu and Schilling together.
As it is possible that Xu was prospecting for investors and the investors ended up buying Frank's stuff.
So he said what he said while feeling sore

 

[Nile Patel]

Interesting that you mention Xu and Schilling together.
As it is possible that Xu was prospecting for investors and the investors ended up buying Frank's stuff.
So he said what he said while feeling sore

You right it make sense when investors make deal directly from western company without paying commission to this local auction houses and may be they get made but eventually that auction houses hurting themselves by any reckless comments which you can not see in western world, for investor it is always good deal when you buy in bulk which save lots of time and money.

 

[Recons.Com]

So do we know that Frank sold CPs at $1500 or was it completely random or was it better randoms with some CPs or was it only wechips? I mean all that makes huge difference and without that info people still try to conclude if it was good deal, if there was premium or it was just dumping...

 

[Nile Patel]

So do we know that Frank sold CPs at $1500 or was it completely random or was it better randoms with some CPs or was it only wechips? I mean all that makes huge difference and without that info people still try to conclude if it was good deal, if there was premium or it was just dumping...

Well i think it was mix bag as no one is willing to answer that but the point here is not like it was chips or no chips or price , it is all about timing after this happen may be few regular folks took it to wrong direction and mimic him without knowing the reason why he sold such a big portfolio, even no one is still coming up with connection to his sale and his future expansion this is just my 2 cents.

 

[Recons.Com]

mixed bag could be so different. When he sold it, randoms could be bought at $200, chips were selling for $2200. Compare, if there were 20% randoms and 80% chips vs 80% chips and 20% randoms. We are talking huge premium for portfolio vs little discount for volume sale.

 

[wwwweb]

So do we know that Frank sold CPs at $1500 or was it completely random or was it better randoms with some CPs or was it only wechips? I mean all that makes huge difference and without that info people still try to conclude if it was good deal, if there was premium or it was just dumping...

$1500 for a extension that was created a year ago is an awesome price, that is all profit, once your extension is created I think the carrying cost is $25K a year, not including the $185K application fee, plus all paperwork, and back end admin costs which are already covered with their other registry services.

So that is a golden deal so to speak. To give up 2000 names of a GTLD extension for $3M, wow.

 

[wwwweb]

You right it make sense when investors make deal directly from western company without paying commission to this local auction houses and may be they get made but eventually that auction houses hurting themselves by any reckless comments which you can not see in western world, for investor it is always good deal when you buy in bulk which save lots of time and money.

Can you imagine how much money godaddy, sedo, flippa made with all the chip turnovers.

 

[harpo]

Arent we lucky Namepros.com is free , you can see the trading level , there info before you sell to them ,, we are really lucky to have this community and not have to pay those auction houses

 

[rentdn]

For me chip.coms domains are more look like a cryptocurrency similar to bitcoin and I believe that the price chart will be similar to bicoin's

Most of those names will never be developed into a websites , so here the only end users are are going to be domainers who will treat this domains as "stable assets".

I think the bubble will burst and prices of those will drop to 500-100$ per name but that will be the minimum and they will always be valuable assets ( even without end user sales ).

 

[harpo]

finally we are getting these types of post .

 

[Nile Patel]

Rentdn You should then sold your emsp.com for $400 lol why you want $2305 for non chip.

 

[rentdn]

didn't get the part with 2305$

 

[Recons.Com]

What do you mean by "extension created a year ago"? .com?

 

[Nile Patel]

Can you imagine how much money godaddy, sedo, flippa made with all the chip turnovers.

That is the reason why uniregistry want their own expired name sales marketplace as they know this business is growing way faster and no sign to crash soon and that is the reason it is not gamble for them to invest couple millions and create a big marketplace to compete with few more.

 

[Nile Patel]

didn't get the part with 2305$

why you want to sale your signature name for that price or you already sold and new buyer selling for that price on sedo.

 

[rentdn]

Ah forgotten bout that , well emsp.com is not a chip and i believe I've set fair end user price but during this tornado sold 2024(dot)net for 5500$

 

[Nile Patel]

What do you mean by "extension created a year ago"? .com?

I think he feel all that name was in another extensions not in .com tell him it was all .com and now frank is completely supporting non .com extensions and might be out of .com game or who know how many more keywords he still own.

 

[Nile Patel]

Ah forgotten bout that , well emsp.com is not a chip and i believe I've set fair end user price but during this tornado sold 2024.net for 5500$

That is the problem here on this forum who ever writing comment always feel their name only has value and others name will drop because other hold 100 of name vs their own one single name.

 

[rentdn]

certainly i don't