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

 

[domeen]

Its hard to get even $1700 in this forum.
if someone is offering $2300 each, thats very good price currently.

 

[DomainGist]

Can somebody give me a brief update on which state we are currently at..... it looks we've past "denial", and are at the "return to normal" stage with a dead cat bounce.

Next comes fear and capitulation. We're definitely past greed and delusion, we'd reached that on around page 15 to 20 with djum mentioning a possible $5k floor several times.

 

[Recons.Com]

That is a great chart )

So when did "bear trap" happen? ) If not and if it is a must, then the mania phase is ahead )))

 

[Weber]

Just when you think the bubble boys are gonna give it up....wham!

You should know what oldtimers say happens when everybody and their uncle is giving stock advice.

 

[thebutler]

I sold one at Media attention, another at enthusiasm and another at New Paradigm so its all good in my books.

 

[Ms Domainer]

Panic? What panic?

The golden rule: buy low, sell high.

As far as LLLL .com and NNNNN .com are concerned?

I'm not worried.

The jury is still out on LLLLL and NNNNNN+ .com, though.

Other TLDs? Maybe, but not if one pays more than reg fee.

 

[DomainGist]

Just when you think the bubble boys are gonna give it up....wham!

You should know what old timers say happens when everybody and their uncle is giving stock advice.

I know that the people who liked my chart are "old timers", because they've seen a bubble before....

Join dates 2004, 2006, 2006.... just like yours. You've been around long enough to remember .mobi and the last LLLL.com bubble.

 

[thetruman]

I know that the people who liked my chart are "old timers", because they've seen a bubble before....

Join dates 2004, 2006, 2006.... just like yours. You've been around long enough to remember .mobi and the last LLLL.com bubble.

mobi never had a great start. Times are very different and you can t apply same patterns. LLLL are not going anywhere down and other patterns such as numerics , LLLLL, net, org, biz and other good ext will follow up. China has been really a game changer and market has the potential to expand MUCH further

 

[DomainGist]

mobi never had a great start. Times are very different and you can t apply same patterns. LLLL are not going anywhere down and other patterns such as numerics , LLLLL, net, org, biz and other good ext will follow up. China has been really a game changer and market has the potential to expand MUCH further

The exact same LLLL bubble happened in 2007 to 2008 when all LLLL were registered and LLLL were going for crazy prices, then it crashed until 2015.....

As for .mobi not taking off, were you living in a cave?

 

[mitok]

.mobi cant be any example, no way! It should be the only extension for mobile visitors, but technology advanced and now you can have any extension as a home of mobile friendly website.

Now we are talking about .com which is unreplaceable and will stay unreplaceable at least next 5-10 years.

I think LLLL.com chips are now where Bitcoin was before Cyprus crisis (around $100). Bitcoin reached $1000 after that and now is at $420, still 4x more than where it was before Cyprus crisis.

I like to compare LLL.coms and LLLL.coms. You can say they both are commodities now, but they both have end user value too. LLL com for Westerns is something like LLLL.com for Chinese.
Any LLL.com is worth around $25000+ now (chips much more). An LLL.com is your unique luxury space on the Internet. It is something like business office on prestige location in downtown. It is trend that businesses go online. While you cant purchase any business office on prestige location in center of Boston for $25000, you still can purchase LLL.com for $25000. However, LLL.com could bring you much more clients than an offline office. This means LLL.coms are still undervalued!

If Western LLL.coms go up (they should as they are undervalued) then LLL.coms CHIPS should go up too. LLL.coms are around $60k now. There are 20x more LLL.com chips than LLLL.com chips. $60k/20=$3000. If you want to store value of $60000 in digital asset you need one LLL.com chip. You would need at least 20 LLLL.chips what raise your renewal from $10 to $200. So $60k/20=$3000 minus $200 = $2800
My formula is divide floor price of LLL.com chip with 22 and you will get fair floor value LLLL.com chip.

Whoever invest on stock market knows that you should also add expectations in the price so you can count that fair value of LLLL.coms chips AT THIS MOMENT should be $3000 or more. Fundamental value is around $2700-$2800 (if LLL.com chips are at $60000 floor).

We should discuss if domains will be needed in the future, but instead real discussion we discuss if LLLL.coms will have value in the future. Of course they will, if domains will be needed, period.

How long do you have Internet at home? I have it for 20 years. I doubt anyone have it at home more than 25 years. Hey, 25 years is NOTHING. We are at the beginning of market and domain values just started to form, especially rare ones like LLLL.coms. There are still millions of people WHO DON'T KNOW WHAT DOMAIN NAME IS!!!

 

[DomainGist]

There are still millions of people WHO DON'T KNOW WHAT DOMAIN NAME IS!!!

What is the relevance of this point exactly. There are 1.4 billion people on this planet who live on less than $1.25 a day.

71% of the people on this planet have total wealth of less than $10,000 (value of all of their cash and assets, e.g. property).

How many LLLL.com domain names do you think they'll be buying?

We hypothetically could say that 75% of the world knows what a Ferrari is, doesn't mean the demand for a Ferrari's will rise when the other 25% find out, because anybody who can afford to buy a Ferrari is already going to sit within the 75%.

 

[DomainGist]

.mobi cant be any example, no way!

The LLLL.com bubble of 2007 to 2008 is a damn good example though isn't it, why are you choosing to ignore history?

It was only a couple of years ago that people were claiming oil would never fall below $100 a barrel again.

Its currently $35 a barrel.

 

[mitok]

What is the relevance of this point exactly. There are 1.4 billion people on this planet who live on less than $1.25 a day.

71% of the people on this planet have total wealth of less than $10,000 (value of all of their cash and assets, e.g. property).

How many LLLL.com domain names do you think they'll be buying?

We hypothetically could say that 75% of the world knows what a Ferrari is, doesn't mean the demand for a Ferrari's will rise when the other 25% find out, because anybody who can afford to buy a Ferrari is already going to sit within the 75%.

I do know many really rich people who don't know what domain name is, or didn't know until I told them. Ferrari is not a good example but yes, if someone who can afford it still don't know what it is the demand might go up when he finds out.

Your stats are probably correct, but those stats stands for business offices on prestige locations too, and people still buying them.

The LLLL.com bubble of 2007 to 2008 is a damn good example though isn't it, why are you choosing to ignore history?

It was only a couple of years ago that people were claiming oil would never fall below $100 a barrel again.

Its currently $35 a barrel.

And where are LLLL.coms now? Every investor should know why he invested and should be prepared to wait.
But today is completely different situation. Today we have more investors from China and from Western world than we had anytime before, and there is still the same number of LLLL.coms.

I cant be sure LLLL.coms will go up, but I believe they will. The only bubble I can see is the bubble of experts on domain market. Nobody can be 100% sure where the price will go.

 

[DomainGist]

.mobi cant be any example, no way! It should be the only extension for mobile visitors, but technology advanced and now you can have any extension as a home of mobile friendly website.

Now we are talking about .com which is unreplaceable and will stay unreplaceable at least next 5-10 years.

I think LLLL.com chips are now where Bitcoin was before Cyprus crisis (around $100). Bitcoin reached $1000 after that and now is at $420, still 4x more than where it was before Cyprus crisis.

I like to compare LLL.coms and LLLL.coms. You can say they both are commodities now, but they both have end user value too. LLL com for Westerns is something like LLLL.com for Chinese.
Any LLL.com is worth around $25000+ now (chips much more). An LLL.com is your unique luxury space on the Internet. It is something like business office on prestige location in downtown. It is trend that businesses go online. While you cant purchase any business office on prestige location in center of Boston for $25000, you still can purchase LLL.com for $25000. However, LLL.com could bring you much more clients than an offline office. This means LLL.coms are still undervalued!

If Western LLL.coms go up (they should as they are undervalued) then LLL.coms CHIPS should go up too. LLL.coms are around $60k now. There are 20x more LLL.com chips than LLLL.com chips. $60k/20=$3000. If you want to store value of $60000 in digital asset you need one LLL.com chip. You would need at least 20 LLLL.chips what raise your renewal from $10 to $200. So $60k/20=$3000 minus $200 = $2800
My formula is divide floor price of LLL.com chip with 22 and you will get fair floor value LLLL.com chip.

Whoever invest on stock market knows that you should also add expectations in the price so you can count that fair value of LLLL.coms chips AT THIS MOMENT should be $3000 or more. Fundamental value is around $2700-$2800 (if LLL.com chips are at $60000 floor).

We should discuss if domains will be needed in the future, but instead real discussion we discuss if LLLL.coms will have value in the future. Of course they will, if domains will be needed, period.

How long do you have Internet at home? I have it for 20 years. I doubt anyone have it at home more than 25 years. Hey, 25 years is NOTHING. We are at the beginning of market and domain values just started to form, especially rare ones like LLLL.coms. There are still millions of people WHO DON'T KNOW WHAT DOMAIN NAME IS!!!

I find it extremely difficult to take your analysis and projections the slightest bit seriously when you haven't even considered the likelihood that China will at some stage in the near future lead the world into a global financial crisis which will make 2008 look like a mere blip.

Lets see how much they are spending messing around trading LLLL domains when their massively over-leveraged banks fail and their huge property bubble finally bursts. The small tremor came earlier this year, the earthquake will soon follow.

 

[mitok]

I find it extremely difficult to take your analysis and projections the slightest bit seriously when you haven't even considered the likelihood that China will at some stage in the near future lead the world into a global financial crisis which will make 2008 look like a mere blip.

Lets see how much they are spending messing around trading LLLL domains when their massively over-leveraged banks fail and their huge property bubble finally bursts. The small tremor came earlier this year, the earthquake will soon follow.

This could be said for US too, but nobody want to see that.

Yes, global crisis is the risk, but it is a risk for almost any investment.

 

[DomainGist]

Today we have more investors from China and from Western world than we had anytime before/

The only bubble I can see is the bubble of experts on domain market.

If you can't see the bubble in the Chinese economy and how that will directly impact on LLLL domains then I don't think anybody should take your analysis seriously.

People still will though, because they only want to hear people who want to tell them what they want to hear, which is that the value of their asset will keep on rising.

They don't want to consider the possibility that the market could collapse overnight, and they never do, the exact same thing happened in the property market leading up to 2008 where people believed the value of real estate would keep on rising too.

I personally find it completely negligent that you don't want to observe what happened in 2008 with LLLL domains, seeing as that bubble and many others popped at the onset of a global financial crisis, just like this one will too.

 

[DomainGist]

This could be said for US too, but nobody want to see that.

I said a Chinese led global financial crisis. The last time I checked the US was part of the same globe.

 

[mitok]

If you can't see the bubble in the Chinese economy and how that will directly impact on LLLL domains then I don't think anybody should take your analysis seriously.

People still will though, because they only want to hear people who want to tell them what they want to hear, which is that the value of their asset will keep on rising.

They don't want to consider the possibility that the market could collapse overnight, and they never do, the exact same thing happened in the property market leading up to 2008 where people believed the value of real estate would keep on rising too.

I personally find it completely negligent that you don't want to observe what happened in 2008 with LLLL domains, seeing as that bubble and many others popped at the onset of a global financial crisis, just like this one will too.

Why do you think you know the future? Because you know the history? One example of history is that Hungary was great football nation, but today an average college team could beat them. See the point? Times changing. I am not saying LLLL.coms will go only up up up and that we all need to sell all our property and purchase LLLL.coms. I just say it makes sense to go up and I believe they will go up (even there will be up and downs for sure). I explained why in my previous posts.
It looks like you are 100% sure they will go down. OK, if you know the future I cant argue with you as you know better.

 

[DomainGist]

Why do you think you know the future?

A better question is why do YOU think you know the future.

Because I'm just saying that markets can fluctuate wildly and quickly and that people should be aware of that, and that the price can fall sharply just as it has risen sharply.

Whilst you don't want to even entertain the possibility that these prices could crash. Which is negligent and highly naive.

You live in the EU where anybody selling or advising on any investment has to make it very clear by law that the value of any investment can rise or fall.

Anybody who doesn't even entertain the prospect of a decrease in value should not be taken seriously.

 

[mitok]

A better question is why do YOU think you know the future.

No, I dont I said I BELIEVE LLLL.coms will go up and there is valid reason for that. Of course I am not 100% sure they will go up, but I am more sure they will go up than they will drop.

Because I'm just saying that markets can fluctuate wildly and quickly and that people should be aware of that, and that the price can fall sharply just as it has risen sharply.

I completely agree with this.
I would just add that prices could go up sharply, by the same pace as in last few months

I noticed slowdown and even correction so it is more likely that in the next few months prices will not go up too much. This is my opinion. I don't expect to drop (significantly) either.
[/QUOTE]