discuss Chinese market exploded today!

[domainerfella]

Date, Turnover, Volume
2016-07-27 20189 3,952,761
2016-07-26 4927 743,947
2016-07-25 9220 611,346
2016-07-24 4938 460,455
2016-07-23 4700 481,886
2016-07-22 9038 1,082,175

It was a great day for Chinese market.

 

[thebutler]

But do you know why?

 

[hugegrowth]

What do the numbers mean exactly?

 

[Jurgen Wolf]

Domain market or which market?

 

[campout]

Maybe it means some large Chinese entity went into the market and bought all they could get, with a plan to pump things up in the near future. Just speculating here but it's one possible interpretation.

 

[DnEbook]

Can I ask what the source of this info is ? .....thanks

 

[domainerfella]

But do you know why?

Hi
The market was already slowly climbing. I think it is tired of all the lows and stuffs.

 

[domainerfella]

What do the numbers mean exactly?

Date, Volume, Turnover

Volume is number of domains sold.
Turnover is the total price.

 

[namerav]

Good news.

 

[domainerfella]

Maybe it means some large Chinese entity went into the market and bought all they could get, with a plan to pump things up in the near future. Just speculating here but it's one possible interpretation.

Did not notice any large single entity. This was all mixed up buyers and mixed up niches. So looked very genuine trade.

 

[domainerfella]

Can I ask what the source of this info is ? .....thanks

Chaomi.CC

I have made an error. The second column is Volume and the third column is Turnover.

 

[DnEbook]

Good news.

Only if they buy mine !

 

[headsupp]

Chaomi.CC

I have made an error. The second column is Volume and the third column is Turnover.

Thanks for admitting. I didn't see no increase in registration data on the top the chinese registrars and was about to go on a wild goose hunt.

 

[hugegrowth]

Chaomi.CC

I have made an error. The second column is Volume and the third column is Turnover.

Still shows a big increase, now is it a blip or will it continue?

 

[Apprich]

Well, prices were fallen too much comparing the peak levels 3-4 months ago. There was need for to see bottom of the market. I think we have seen the bottom at the level of 6000 rmb for the 4L.com chips.

And there was big resistance level at 6800 rmb which is already broken.. And there is no any other resistance until 1.3W and 1.4W. I would expect solid rise since the trend is upward now.

 

[domeen]

Sure sure guys, keep buying the prices will only rise. There is big demand, everyone wants those chinese domains

 

[Jurgen Wolf]

Do you monitor how many LLLL.com are regularly dropping... have the same graphs in dynamics?

 

[hugegrowth]

Well, prices were fallen too much comparing the peak levels 3-4 months ago. There was need for to see bottom of the market. I think we have seen the bottom at the level of 6000 rmb for the 4L.com chips.

And there was big resistance level at 6800 rmb which is already broken.. And there is no any other resistance until 1.3W and 1.4W. I would expect solid rise since the trend is upward now.

Looks like a stock chart!

 

[Domain Monk]

surely there is a rise....hope it gets to a peak time

 

[Apprich]

Sure sure guys, keep buying the prices will only rise. There is big demand, everyone wants those chinese domains

2016 October IMF will change weight of reserve currency US dollar weight will shrink and Chinese Rmb will be added. And also 2016 November US elections approaching. There is a risk in economy like Brexit affected badly to UK economy. As we seen all commodities prices are risen Gold, Silver, Oil etc before Brexit together with digital assets Bitcoin and Liquid Domains..

So there is reason in the Liquid market which is another way to secure your money on internet. If you trust more on banks and governments, you can buy Gold, Silver etc.. However we are living in times of trouble for many people in the world there is reason they want to secure their savings independently on internet.
Liquid domains are not only for website and end users. It's same like stock exchange, and I would say it's safer than stock market because stock market already has big bubble since 2008 economic crisis and also domains have some other options like to sell domainers and to end users world wide etc.

So, there is always opportunities in crisis if you can take right steps. No risk no profit. However all investment recommendations are everybody's own risk. If you wanna stay from Liquid market just stay away that's it you are safe and but no chance of making profit either.