discuss CHIPS and NON CHIPS

[johnn]

No one seems to care about any other names except CHIPS?

I am not a CHIPS person as I cannot predict the trend of chips in the future so I stick with what I know well for the moment (So I can sleep at night!!!)

Just sold an LLL .us yesterday on Afternic for $1,000 after listing here and no one wants to offer even $50 but I can sleep at night with my non chips.

Beside with chips crazy pricing it would take a lot of money to invest so I stay out for now.

Good luck to chips fans.

 

[MR PACKER]

Congratulations on these names... However this is a different story, you have admitted to buying these at REG FEE I would like to see how confident you would be if you spent 2000-3000 EACH. You have effectively proven your ignorance to my question

Make up your mind what your story is, 10mins ago I was over leveraged......again wrong.

If you read my previous posts you'll see that a broker at 4.cn has offered me $2300 after fees for the 51 CHIPS I own, guess what, I was SO over leveraged I refused the offer!!!!

Don't buy a Powerball ticket, your lucks run out.

 

[Hugo_Strange]

Make up your mind what your story is, 10mins ago I was over leveraged......again wrong.

If you read my previous posts you'll see that a broker at 4.cn has offered me $2300 after fees for the 51 CHIPS I own, guess what, I was SO over leveraged I refused the offer!!!!

Don't buy a Powerball ticket, your lucks run out.

Are you being silly now? Your story is different as you have bought yours at REG FEE, you have ZERO RISK. I am simply asking the question whether people who bought at 2-3k are as confident as you are? Somehow I think not...

 

[MR PACKER]

No no no, you spun a story that people who bought at $2500 a few weeks ago are now dumping at $1900 and we ALL know that's a little white lie, don't we?

That was my point I picked you up on, still waiting for you to back up that bunch of bulls*t.

And of course I'm sitting comfortably, I don't care if someone bought at $2500, I was smart and bought my LLLL.com years ago.

Never sold one to a reseller for stupidly low ball prices, always end users.

 

[Hugo_Strange]

No no no, you spun a story that people who bought at $2500 a few weeks ago are now dumping at $1900 and we ALL know that's a little white lie, don't we?

That was my point I picked you up on, still waiting for you to back up that bunch of bulls*t.

And of course I'm sitting comfortably, I don't care if someone bought at $2500, I was smart and bought my LLLL.com years ago.

Never sold one to a reseller for stupidly low ball prices, always end users.

May I ask you a question? Why would a man who has 100's of REG FEE LLLL's be this angry?

Also the following recently priced and SOLD Chips:

LDRF - $1950
SQNC - $1968
LLCZ - $1913
JHRR - $2150
SPLK - $2098
MRKC - $2214
NZDF - $1951
TJLZ - $2111
WQMD - $1100

Hardly selling above $2500 on avg - you missed the boat selling yours. I'll be buying them off you soon, boy

 

[MR PACKER]

Also the following recently priced and SOLD Chips:

LDRF - $1950
SQNC - $1968
LLCZ - $1913
JHRR - $2150
SPLK - $2098
MRKC - $2214
NZDF - $1951
TJLZ - $2111
WQMD - $1100

Are these the ones that where recently bought for $2500+?

Let me guess.....um no?

 

[frank-germany]

The problem is the people who bought on the spike and got impaled, buying a Chip at $2500-3000 only a few weeks ago. These same people are selling at $1900 because they expected the rise to continue and are now caught short..

I bought at those price points
and I feel very calm
holdig them

 

[Hugo_Strange]

Are these the ones that where recently bought for $2500+?

Let me guess.....um no?

But the point is they're selling and not above the so called 2500 avg

Fact is, that people have bought at these ranges and are now at a loss, which is bad of course.

 

[Recons.Com]

Yup- got like 5,000 4L.com Chips... I'm literally swimming in it- if you believe it.

Careful to note the fiction from the real on this forum.

Well, I know a guy that has 160,000 4L.com chips and he says they'll be $10K each soon.

 

[joro001]

first of all, there's a lot of strong feelings here so chill guys IMO.

Next, I hear both sides of the coin here:

The fact is if you bought 3 months ago before the big move up from around $800 or so each then even now you'd probably triple or more your money, so taking a medium term view that's exceptional IMO.

However, there's no denying if you bought mid October at around $2.8-3k floor we were seeing and held you would not be best pleased at seeing one real move up from $1800 or so to $2.5k then a further drop down to around $2k floor and around $2.2k floor or so today. (Note: premium 4l chips have continued to rise during these 3 months as well, it's your average chips under the microscope. Edit: BBTZ.COM is currently at 41000 RMB on ename - $6k right now to prove the point).

Apart from the point Hugo is making, i'll make another point, if you've been patient having bought in bulk 2-3 months ago, you've tied up your money for nothing hoping for things to improve, and except for the premiums they haven't yet, to the point of selling for ROI in any event.

In the meantime your cash is tied up and you've missed a ton of other opportunities waiting for the floor to move back up closer to the $3k floor. You could have bought 3l.biz, 4l.biz chips at reg fee, premium 5n.com, premium 6n.com with/without 0/4 in them which despite the correction for the average stuff, premium patterns have been flying etc. and made a ton more money whilst your liquidity has been tied up doing nothing.

 

[joro001]

Well, I know a guy that has 160,000 4L.com chips and he says they'll be $10K each soon.

No one really knows. I said 3/4 months ago I thought a $5K floor could happen within a year, and it still looks possible at this stage.

I recently spoke to a Chinese investor who felt a 20k RMB floor was a possibility some time this year but had no idea when. If that kind of floor you mention ever happens then all 5l chips will be long taken and will be $500 each minimum IMO, so whoever believes $10k is possible, should better get registering 5l chips fast IMO.

 

[SlimPickins]

I haven't seen many, or even any, that I can recall being sold on the forums for $2500+...... sure, $2K-$2.5K for awhile and that has tapered off somewhat at least for now (who knows what's coming or how long it will take) but I look at it like this.... those GREAT sales were mostly if not all on major auction houses (with some BIN to endusers as well I assume), which take their 15%-20% cut or are "expired" auctions so noone but them reaps the benefits anyways. Which brings the actual Net price down for private sellers to what most LLLL's have been selling for recently amongst resellers on the boards. So while I agree that prices have leveled and tapered off a bit even, at the auction houses and on the forums, I am not alarmed. I can confirm that what hugo_strange has said, ie that there HAVE been domains offered, AND bought, at $1900-$2100 range here on the forum lately is indeed true, that is for me the result in most cases of one of 2 things:

1) someone (like Mr Packer, with a great volume, but who has different views on whether it will soon, or ever, reach such a peak across the board on the bulk of his domains) decides that it's better to cash some if not all out now even though the prices have dipped, since the ROI on these regfee/cheap purchased domains is still phenomenal and money in the bank.

or 2) people that bought into chips late, while they were rising, and took a gamble hoping for a quick flip and ROI... but, soon as the market cooled they were worried they would have so much money tied up in a domain and maybe NEVER get it back out so rush to resell now even at a slight loss rather than risk any worse damage later.

I love 4-letter .coms. I got into them right as the first bubble was rising up, made some money, but also got left holding some overpaid inventory for years, made some ok enduser sales, and sold some over the years at a loss. But I never lost faith in them. Where the market is now, and going, is a mystery to me too... but exciting times! I have sold several in the last year, when it seemed prices were already great, only to watch it keep climbing. I have bought some recently when it seemed "risky", ie maybe this is already the "peak", only to have them worth double within a month. And I have held onto a fair number as well to see where things go. Side note, in one week EXACTLY a year ago, I sold 4 (unbeknownst at the time) Chips that were "already" Quad premium too for sale on the forums.... had bought them early 2008. No real offers, no interest from the leads I pursued, not even much interest on the forums. Wound up selling them to the best offer of the time 1 year ago, at a loss even, for under $300 each. Less than a year later they were worth $2K+. Crazy. My, how times change. And how they will keep changing.

 

[Recons.Com]

No one really knows. I said 3/4 months ago I thought a $5K floor could happen within a year, and it still looks possible at this stage.

I recently spoke to a Chinese investor who felt a 20k RMB floor was a possibility some time this year but had no idea when. If that kind of floor you mention ever happens then all 5l chips will be long taken and will be $500 each minimum IMO, so whoever believes $10k is possible, should better get registering 5l chips fast IMO.

No, no, this is the guy with 160,000 LLLL.com chips, if he says 10k, it is going to be 10k, that is like over 100% sure )

 

[joro001]

No, no, this is the guy with 160,000 LLLL.com chips, if he says 10k, it is going to be 10k, that is like over 100% sure )

I read your post first time and will repeat no one knows for sure, despite what they may say.
I wonder if this investor also saw the dip coming from $3k floor to where we are today? If yes then i'd like to meet him!

I've also spoken with a big investor although not in that league and he said 20k RMB is within range in the not too distant future.

10k floor is a fantasy right now, and a million miles away from where we are now.
If that ever happens though then 5l chip holders a rung below will be very happy.

Time will tell

 

[J9]

No, no, this is the guy with 160,000 LLLL.com chips, if he says 10k, it is going to be 10k, that is like over 100% sure )

LOL! There are only 160,000 LLLL.com chips in existence!

 

[joro001]

LOL! There are only 160,000 LLLL.com chips in existence!

That's another slight problem

BTW on a positive note BBTZ.COM just closed on ename for around 49000 RMB (7.5k).
That is some sale IMO.

 

[Recons.Com]

BBTZ in Chinese is short for "Be a bit easy". Coincidentally, in English too ))

That should explain the price tag ))

 

[eurorealtor]

No one seems to care about any other names except CHIPS?

I am not a CHIPS person as I cannot predict the trend of chips in the future so I stick with what I know well for the moment (So I can sleep at night!!!)

Just sold an LLL .us yesterday on Afternic for $1,000 after listing here and no one wants to offer even $50 but I can sleep at night with my non chips.

Beside with chips crazy pricing it would take a lot of money to invest so I stay out for now.

Good luck to chips fans.

I believe most of these LLLL.com so called Chips were possible to buy for low $xx not even a year ago,
because for most of western domainers were "worthless" but some fellow domainers made really nice and quick bucks of these. However I still believe in the western premium as much as you do.

 

[forge]

whats that ?

Chaomi.cc website

 

[Markith]

At least attempt to be realistic here folks. If you sell any CHIP below $2k right now you're a fool and I know plenty of folks who will take them off your hands.

Everyone touting the $3k average, that was very very short lived...yet many CHIPS continue to sell near or around that mark. If I bought any around or below $2k I wouldn't be nervous one bit.

Check out the NamesCon CHIP sales from yesterday:

cccf.com 7,900 USD
cmfr.com 4,000 USD
cmas.com 3,500 USD
ngrt.com 3,500 USD
rrcx.com 3,000 USD
lgff.com 3,000 USD
mlbb.com 3,000 USD
ccjp.com 3,000 USD
jdzl.com 3,000 USD
saae.com 3,000 USD
pxff.com 2,500 USD
zsmt.com 2,500 USD
xgrs.com 2,200 USD

 

[joro001]

At least attempt to be realistic here folks. If you sell any CHIP below $2k right now you're a fool and I know plenty of folks who will take them off your hands.

Everyone touting the $3k average, that was very very short lived...yet many CHIPS continue to sell near or around that mark. If I bought any around or below $2k I wouldn't be nervous one bit.

Check out the NamesCon CHIP sales from yesterday:

cccf.com 7,900 USD
cmfr.com 4,000 USD
cmas.com 3,500 USD
ngrt.com 3,500 USD
rrcx.com 3,000 USD
lgff.com 3,000 USD
mlbb.com 3,000 USD
ccjp.com 3,000 USD
jdzl.com 3,000 USD
saae.com 3,000 USD
pxff.com 2,500 USD
zsmt.com 2,500 USD
xgrs.com 2,200 USD

Yeah I noticed that as well. However, those results as mentioned were from Namescon's live auction and I can say with almost all likelihood you would not get those kind of prices here or even close. Maybe it was due to a feelgood factor at namescon or whatever.

Names like ngrt.com, cmfr.com etc. I doubt would get $2.1/2.2k here if put up for sale or much more at godaddy, sedo etc. Even the others that went for $3k i've seen lately at auction houses go for around $2.5k or less such as:

llcz.com $1,913.00 1/10/2016 GoDaddy
jhrr.com $2,150.00 1/9/2016 NameJet
wlnn.com $2,100.00 1/7/2016 GoDaddy

The 3 most recent sales on llllsales.com are:
ytgf.com $2,125.00 1/12/2016 GoDaddy
ldrf.com $1,950.00 1/11/2016 Sedo
sqnc.com $1,968.00 1/11/2016 Flippa

As you can see the floor there is way lower then the above list and you have to pay commission as well.

I am bullish medium term, but for now wait to see the floor in the western marketplaces go closer to $2.5k as we are clearly not there yet after the latest correction.

 

[Markith]

Yeah I noticed that as well. However, those results as mentioned were from Namescon's live auction and I can say with almost all likelihood you would not get those kind of prices here or even close. Maybe it was due to a feelgood factor at namescon or whatever.

Names like ngrt.com, cmfr.com etc. I doubt would get $2.1/2.2k here if put up for sale or much more at godaddy, sedo etc. Even the others that went for $3k i've seen lately at auction houses go for around $2.5k or less such as:

llcz.com $1,913.00 1/10/2016 GoDaddy
jhrr.com $2,150.00 1/9/2016 NameJet
wlnn.com $2,100.00 1/7/2016 GoDaddy

The 3 most recent sales on llllsales.com are:
ytgf.com $2,125.00 1/12/2016 GoDaddy
ldrf.com $1,950.00 1/11/2016 Sedo
sqnc.com $1,968.00 1/11/2016 Flippa

As you can see the floor there is way lower then the above list and you have to pay commission as well.

I am bullish medium term, but for now wait to see the floor in the western marketplaces go closer to $2.5k as we are clearly not there yet after the latest correction.

I'm with you on that and I agree the floor is around $2k now. If you want to get technical, other sales within the last week would bring up that average a bit though.

lymc.com 2,153 USD 2016-01-11 Sedo
gjbd.com 2,151 USD 2016-01-11 Sedo
jffd.com 2,102 USD 2016-01-11 Sedo
qxwf.com 2,091 USD 2016-01-11 GoDaddy
nhrb.com 3,044 USD 2016-01-10 GoDaddy
mrkc.com 2,214 USD 2016-01-09 GoDaddy
jhrr.com 2,150 USD 2016-01-09 NameJet
tjlz.com 2,111 USD 2016-01-09 Flippa
splk.com 2,098 USD 2016-01-09 NameJet
hsnc.com 4,195 USD 2016-01-08 NameJet
cgsp.com 3,038 USD 2016-01-08 GoDaddy
hqfk.com 2,302 USD 2016-01-08 Sedo
kfmj.com 2,050 USD 2016-01-08 NameJet
hcpx.com 2,601 USD 2016-01-07 Sedo
lcky.com 2,401 USD 2016-01-07 Sedo
fwmk.com 2,320 USD 2016-01-07 NameJet
ytqq.com 2,600 USD 2016-01-06 NameJet
sstw.com 2,531 USD 2016-01-05 GoDaddy
phpz.com 2,238 USD 2016-01-05 NameJet

 

[joro001]

I'm with you on that and I agree the floor is around $2k now. If you want to get technical, other sales within the last week would bring up that average a bit though.

lymc.com 2,153 USD 2016-01-11 Sedo
gjbd.com 2,151 USD 2016-01-11 Sedo
jffd.com 2,102 USD 2016-01-11 Sedo
qxwf.com 2,091 USD 2016-01-11 GoDaddy
nhrb.com 3,044 USD 2016-01-10 GoDaddy
mrkc.com 2,214 USD 2016-01-09 GoDaddy
jhrr.com 2,150 USD 2016-01-09 NameJet
tjlz.com 2,111 USD 2016-01-09 Flippa
splk.com 2,098 USD 2016-01-09 NameJet
hsnc.com 4,195 USD 2016-01-08 NameJet
cgsp.com 3,038 USD 2016-01-08 GoDaddy
hqfk.com 2,302 USD 2016-01-08 Sedo
kfmj.com 2,050 USD 2016-01-08 NameJet
hcpx.com 2,601 USD 2016-01-07 Sedo
lcky.com 2,401 USD 2016-01-07 Sedo
fwmk.com 2,320 USD 2016-01-07 NameJet
ytqq.com 2,600 USD 2016-01-06 NameJet
sstw.com 2,531 USD 2016-01-05 GoDaddy
phpz.com 2,238 USD 2016-01-05 NameJet

From the tracking i've been doing most names are selling between $1950-2150 at auction right now with some sales flying at 2.5k/$3k+ for whatever reason. When you take away 15-20% commission from godaddy/namejet etc. it's not surprising people are struggling right now to sell for anything over $1900 or so.

It's a bad time to sell now IMO, unless it's a premium which are doing well currently or you just have an auction that first and two two really like etc.

 

[Recons.Com]

I'm with you on that and I agree the floor is around $2k now. If you want to get technical, other sales within the last week would bring up that average a bit though.

lymc.com 2,153 USD 2016-01-11 Sedo
gjbd.com 2,151 USD 2016-01-11 Sedo
jffd.com 2,102 USD 2016-01-11 Sedo
qxwf.com 2,091 USD 2016-01-11 GoDaddy
nhrb.com 3,044 USD 2016-01-10 GoDaddy
mrkc.com 2,214 USD 2016-01-09 GoDaddy
jhrr.com 2,150 USD 2016-01-09 NameJet
tjlz.com 2,111 USD 2016-01-09 Flippa
splk.com 2,098 USD 2016-01-09 NameJet
hsnc.com 4,195 USD 2016-01-08 NameJet
cgsp.com 3,038 USD 2016-01-08 GoDaddy
hqfk.com 2,302 USD 2016-01-08 Sedo
kfmj.com 2,050 USD 2016-01-08 NameJet
hcpx.com 2,601 USD 2016-01-07 Sedo
lcky.com 2,401 USD 2016-01-07 Sedo
fwmk.com 2,320 USD 2016-01-07 NameJet
ytqq.com 2,600 USD 2016-01-06 NameJet
sstw.com 2,531 USD 2016-01-05 GoDaddy
phpz.com 2,238 USD 2016-01-05 NameJet

It is a pity people see just chips in some of those. PHPz.com, LCKY (lucky) are amazing domains regardless...

 

[frank-germany]

I like my YCHT.com bought it fo 2.4k
no regrets

 

[abcproductions]

If you are the seller, you decide the price.

I've bought and sold LLLL.com domains for more than 15 years like many other NP members here. From 2005-2010, my lowest price to sell ANY LLLL.com was $1500, and that was for very few. From 2010-2013, my lowest price to sell ANY LLLL.com was $3500. In 2014, I increased my minimum sale price to $5000. Currently (January 2015 to present), my minimum price is $6500 and I have sold several. When an established business or a Chinese buyer really wants a certain domain, they will pay $10,000+ without hesitation when there is firm negotiation by the seller.

—

Here is an email reply I just sent today to a Chinese broker/buyer that asked me if I have LLLL.com names (not just CHIPs) to sell:

Yes, I have thousands of LLLL.com domains for sale. The price range for each name is between $6500-$130,000. You can view the domains at this link. I do not sell any LLLL.com domains for less than $6500.

—

Again, if you are the seller, you decide the price. If you want that price to be the current wholesale market price less commission, list at no reserve at GD, NJ, SEDO, etc.

If you are a serious buyer or seller and want to discuss LLLL.com and the Chinese market, contact George Wong at Guta or Ran Cui at Uniregistry Market. I had lengthy conversations with both of them at NamesCon over the past few days. They are nice gentleman with smart, honest and enlightening perspectives about the future value of all LLLL.com domains, not just CHIPs.