.CM registration madness

[Kate]

Hello,

There is much talk right now about short domains, numeric domains, and Chinese patterns in general.
Apparently people are buying those names left and right, in popular extensions like .com, .net, .org but also in outlier TLDs. I am tracking a lot of extensions and I noticed activity in less popular extensions too.

For instance I noticed that .CM (Cameroon) has been gaining a lot of regs lately.
Some stats for the last 3 days:

count  date      diff
17849  20151103  -
24054  20151104  6205
25523  20151105  1469
28982  20151106  3459

Examples:

1050.CM
1051.CM
1060.CM
1061.CM
1062.CM
1063.CM
1065.CM
1067.CM
1070.CM
1071.CM
1072.CM
1073.CM
1075.CM
1076.CM
1077.CM
1079.CM
1082.CM

There are NNN and LLL too. I checked the whois for only a few names but the registrant is always the same person, a Chinese from Wenzhou (BJ).

Personally I think the Chinese craze is reaching a new height

The madness might even be spilling out to .so and other extensions
https://www.namepros.com/threads/can-someone-check-nnn-so-please.891163/

 

[djum]

What is the price of 1 year .cm registration now?
I've seen info that this zone was popular in China, but last time I checked it was something like $85 at Gandi

 

[Kate]

The domains I checked were registered with webnic.cc but they don't show prices, I think you need to log in for that.

 

[BostonDomainer]

Back in March, Bloomberg economists indicated that China's stock market rally was being driven by uneducated investors, with more than two thirds of new investors entering the market having less than a high school education. http://shanghaiist.com/2015/07/05/chinese_investors_suffer_heavy_losses.php

Do you think the same thing is going on here in the domain world?

 

[djum]

Does level of education has any correlation with successful investment results?

What was level of education of American investors who suffered losses in 2008? I think college degree at least.

Or Enron fraud? I remember photo of very educated man in his 50's at the frontpage of economical magazine who lost all his retirement funds.

Bear Stearns was managed by extremely smart and educated people, also LCTM

 

[BostonDomainer]

Does level of education has any correlation with successful investment results?

What was level of education of American investors who suffered losses in 2008? I think college degree at least.

Or Enron fraud? I remember photo of very educated man in his 50's at the frontpage of economical magazine who lost all his retirement funds.

Bear Stearns was managed by extremely smart and educated people, also LCTM

Simple answer yes. It's not just about education itself... it's about not being expert or deeply knowledgeable in the domain world and it's workings. It's preposterous to treat domains like they are securities. That article just showcases a growing tendency of a country not knowing what to do with it's money. Read the full article and the similarities are glaring. But I didn't come to argue. I have no problem accepting money for my domains because if irrational speculation. The pendulum can fall either way down the road. Just sharing some reasoning and the way I see the hammer will fall.

 

[djum]

I disagree, global economical crisis 2008 was made by bunch of "experts", same with Asian crisis in 1998 - the smartest guys in the room from LCTM. No one can predict market, no matter how smart and educated you are. Doctor or lawyer is no better investor than Chinese farm worker, I would think that latter have more chance to succeed, because he knows how hard is it to make money, and he values them more. For well educated money usually comes easy, they know for throwing money away.
There's group of Chinese investors I heard of before, called Dama, they may have little education, but a lot of street smarts and life experience.
https://en.wikipedia.org/wiki/Chinese_Dama

Article is signed "By Dominic Jackson" who is this person? I googled and found that it's English student who was studying Chemical Engineering and Mandarine yet to graduate https://www.linkedin.com/in/jacksondominic
With all respect to this industries and his level of education I'll prefer market analysis from someone who specializes on stock market and my own experience.

One of the reasons of heavy domains buying in China can be that people who got burned in stock market looking for safer investments with short and liquid domains that known to beat stocks over time.
But it's more complex, add devaluing of yuan', new laws on capital movement, restrictions on buying properties, etc, etc,.

 

[RU]

Hello,

There is much talk right now about short domains, numeric domains, and Chinese patterns in general.
Apparently people are buying those names left and right, in popular extensions like .com, .net, .org but also in outlier TLDs. I am tracking a lot of extensions and I noticed activity in less popular extensions too.

For instance I noticed that .CM (Cameroon) has been gaining a lot of regs lately.
Some stats for the last 3 days:

count  date      diff
17849  20151103  -
24054  20151104  6205
25523  20151105  1469
28982  20151106  3459

Examples:

1050.CM
1051.CM
1060.CM
1061.CM
1062.CM
1063.CM
1065.CM
1067.CM
1070.CM
1071.CM
1072.CM
1073.CM
1075.CM
1076.CM
1077.CM
1079.CM
1082.CM

There are NNN and LLL too. I checked the whois for only a few names but the registrant is always the same person, a Chinese from Wenzhou (BJ).

Personally I think the Chinese craze is reaching a new height

The madness might even be spilling out to .so and other extensions
https://www.namepros.com/threads/can-someone-check-nnn-so-please.891163/

That's insane.

 

[Kate]

Today: +1658

 

[Scorpio]

there is special promotion started 2 days back for .cm for 20$ ..from 100$.


Received this email :

The price of .cm domain registration used to be very expensive - up to $100, but now we are offering you a very competitive price. The registration/renewal price is as now low as as $19.99. The promotion ends on 31st, Dec. If you are in need of .cm, please do not let the chance slip away.

 

[Kate]

Back in March, Bloomberg economists indicated that China's stock market rally was being driven by uneducated investors,
...
Do you think the same thing is going on here in the domain world?

Does level of education has any correlation with successful investment results?

It's an interesting question. While domain names are often compared to real estate or stocks, there are very fundamental differences. First of all, domain names are quite illiquid. In order to make proper investment decisions, you need to understand domains thoroughly. You must know what to pick, and what not to pick.
Most domainers are in fact uneducated, and gambling - which is not the same as 'investing'.

With stocks it's slightly different because many people dabble in stocks through their bank or some financial outfit, that does 'selection' and analysis on behalf of their customers. Basically, most investors are just handing their money over to the banks, they don't really have much knowledge about the market or the particular stocks in which they invest.

With domain names it's a different story, you are the one directly taking orders on the 'market', a market that is illiquid and poorly regulated. You're on your own.

Bottom line: I can't see how investing in .cm can be a good idea.

 

[djum]

Kate, you'll be surprised how many illiquid stocks is out there. I'm not even touching pink sheets, but small/mid-caps. Dealing through broker is bad for investing and dealing through the bank probably worst, since people in the bank have even less idea what they are doing and too slow to execute orders.

I was trading stock for few years without those middleman parties through clearing house paying just $2,5 commission on every purchase/sale and it was one of the lowest on the market. Some brokers like Scottrade charge you the whole $7 per sale and bank will take at least $20. Of course you need to know what you doing and read resources like street.com, seekingalpha and investment forums. And the part that domain market is poorly regulated is probably the good thing, think about some stupid law that unless you qualified investor (worth over $200K, make over $100K/year and have more than $25K at your account) you can't daytrade. And daytrading means buying and selling one stock at the same week more than 3 times. Thanks god domain market is not regulated with such bull laws yet, and hopefully it will never be.

I agree about .cm investing, it's just way too much.

 

[Recons.Com]

There is even $13 reg promo for .cm
Renewals are still $75 or so.
So, that is big no for me. You are better off holding 9 dot coms for that price with 20% of making sale on one of those.

 

[Ms Domainer]

Uh, no.

I have bought into a few dicey extensions, but I'm steering clear of .cm.

Yikes!

 

[Kate]

Today: +750

 

[Constantin S]

Today: +750

Where do you see these stats?

 

[Kate]

Private research. Zone file sampling.

 

[RU]

do u think that .cm (ccTLD) is better than .ninja (gTLD)?

 

[RU]

.CM is a new Chimese domain extension. .CM means Chima

 

[jideofor]

This is going to be one of the most unprecedented events in domain history. Just ride along into 6 months and cash out . The earlier the better... where there are all sellers in China and no buyer... That's a big explosion.

But there seem to be smart ones among them who have the money to spend.