Garbage in - Garbage out! Chips crashing

[Recons.Com]

So, where do we start?!

Well, for the beginners, why don't you have a look at the attached screenshot?

The so called Chinese Premium letter 4L.com are at the lowest for last 90 days and this time no excuse of Chinese new year.

This so called big Chinese investors have zero interest in playing it decent.

After grabbing tens of thousands names at $20-200, they pumped it to 3,000$ then lost interest in it letting it to crash to $1,800$ and counting, they, like bunch of locusts, moved to other asset classes for new pump and dumps, including 2-3-4 L, N .ws, 5L, 7N. They did not care how much they hurt 4L.com chips by starting new rumor of LNQRP being semi-premium (the whole point of premium is not being semi-premium), as long as they could bring some value to first 15 letters they could buyout first, now they need more suckers to grab those unwanted letter domains, about 350,000 remaining and once they'll find them (and they will find them), they'll pump up the prices, sell the premiumer ones they hold (patterns, 15 uber premiums etc.), then the locusts are off to the next field and you can hold your babies.

 

[21x20]

Yeah, I posted names yesterday that weren't on Chaomi and there were reasons they didn't count either.

Just an entertaining thread at this point.

 

[forge]

Just an entertaining thread at this point.

If you say so...

 

[21x20]

Scroll down and you'll come to find that half sold at 2000 and below, with a low of 1800.

... Which I assume you're taking as xngr.com for $1,800 being a "run for the hills, the sky is falling" kind of thing.

 

[N-A]

... Which I assume you're taking as xngr.com for $1,800 being a "run for the hills, the sky is falling" kind of thing.

Never said anything to that effect. But, it should be noted that the aforementioned name would have garnered a minimum of $2600 just 30 days ago -- a staggering decline of $800.

 

[forge]

I've seen lower figs, just sayin'.

tjkl.com $1600. Sedo. 3/8/16. Ouch!

 

[JayT]

here is auction ending soonest for chip, repeating 's'
https://www.4.cn/auction/detail/aid/187809 (ssnq.com - 3h left = ~1700$)

This is a very pretty chip

 

[21x20]

"Low" CHIP 4L sales in December...

kzxn.com - $1,801 - 2015-12-30
lbpr.com - $1,800 - 2015-12-14
lgbq.com - $1,600 - 2015-12-14
bqyl.com - $1,100 - 2015-12-11
bmpj.com - $1,800 - 2015-12-08
dkwp.com - $1,680 - 2015-12-08
mwld.com - $1,724 - 2015-12-03
pxch.com - $1,600 - 2015-12-03
mrhq.com - $1,200 - 2015-12-02
jgll.com - $1,701 - 2015-12-01

... I think I'm missing something because these low of sales, theoretically according to this thread, didn't happen?

Oh wait... They were "outliers".

 

[21x20]

Here's just a quick snip of the "floor" CHIP sales in November.

bkwx.com 1,500 USD 2015-11-16 Sedo
lkpj.com 1,500 USD 2015-11-16 Sedo
bgqx.com 1,500 USD 2015-11-16 Sedo
jlxz.com 1,495 USD 2015-11-16 Sedo
zpty.com 1,495 USD 2015-11-16 Sedo
zrmk.com 1,495 USD 2015-11-16 Sedo
xqty.com 1,494 USD 2015-11-16 Sedo
hklk.com 1,387 USD 2015-11-16 Sedo
bzld.com 1,200 USD 2015-11-16 Sedo
bhhw.com 1,524 USD 2015-11-14 Sedo
kqzk.com 1,595 USD 2015-11-13 Sedo
jjbh.com 1,588 USD 2015-11-13 Sedo
rwtf.com 1,588 USD 2015-11-13 Sedo
rysw.com 1,588 USD 2015-11-13 Sedo


.... Soxngr.com for $1,800 a "low" today would still seem to show some improvement from 4 months ago.

 

[forge]

Lmao... 2 of those December sales were on Bido.

So yeah, they WERE outliers.

 

[21x20]

fmmz.com 1,000 USD 2015-09-25 Sedo
ghxy.com 1,000 USD 2015-09-25 Sedo
cfwq.com 1,000 USD 2015-09-23 Sedo
lsgf.com 1,000 USD 2015-09-02 Sedo
hgwd.com 1,000 USD 2015-08-28 GoDaddy
xycf.com 1,000 USD 2015-07-21 Sedo
wzft.com 1,000 USD 2015-07-17 GoDaddy

Namebio's sorting is pretty awful... at this point I'm just lower the range to get back farther into 2015 looking for "floorish" 4L chips.

 

[campout]

a staggering decline of $800

Everybody staggered?

 

[JayT]

fmmz.com 1,000 USD 2015-09-25 Sedo
ghxy.com 1,000 USD 2015-09-25 Sedo
cfwq.com 1,000 USD 2015-09-23 Sedo
lsgf.com 1,000 USD 2015-09-02 Sedo
hgwd.com 1,000 USD 2015-08-28 GoDaddy
xycf.com 1,000 USD 2015-07-21 Sedo
wzft.com 1,000 USD 2015-07-17 GoDaddy

Namebio's sorting is pretty awful... at this point I'm just lower the range to get back farther into 2015 looking for "floorish" 4L chips.

Why are you posting such old sales? Everyone knows they went up from JULY of last year...the point here is that since they hit a recent high of avg ~2,500, the price is fallen.

 

[21x20]

Never said anything to that effect. But, it should be noted that the aforementioned name would have garnered a minimum of $2600 just 30 days ago -- a staggering decline of $800.

Alright, let's see the list of sales from 30 days ago.

At the same time, you're more talking about perfect market timing is anything. I just showed plenty of sales that could have had the name going for well less 4, 6 and 8 months ago.

 

[forge]

Could be caffeine related.

I don't understand the Sept. - Nov. sales data relevance either.

 

[N-A]

Alright, let's see the list of sales from 30 days ago.

At the same time, you're more talking about perfect market timing is anything. I just showed plenty of sales that could have had the name going for well less 4, 6 and 8 months ago.

The value increase has already been determined, by posting past sales showing this is nothing new as all charts show this. This topic goes for after the 2nd fall; maybe one not recoverable.

 

[21x20]

Oh RIGHT. The "chart".

https://namebio.com/?s=gNwcjN0EDN
Last month of NameBio day for LLLL .com's priced between $1,500 and $1,800, sorted low price to high.

cfjl.com 1,500 USD 2016-01-13
njmh.com 1,550 USD 2016-01-06
mwdr.com 1,700 USD 2016-02-04
wnqk.com 1,720 USD 2016-02-02
brhq.com 1,751 USD 2016-02-02
tsyr.com 1,800 USD 2016-01-27
wswr.com 1,800 USD 2016-01-22

... And that brings me back to how someone can say, in relation to xngr.com, "it should be noted that the aforementioned name would have garnered a minimum of $2600 just 30 days ago -- a staggering decline of $800."

And so when I suggest someone list sales from 30 days ago... "But the chart!!"
Ok, well there's a list of the low end sales from 30 days ago.

I'd say xngr.com is a pretty decent comp to mwdr.com, (IMHO, the dr - doctor - ender is better than gr) which, from above:
$1,700 USD 2016-02-04 = 36 days ago.
Oh right.... Outlier.

Anyway... With that, I'm moving on and wish you all good luck and happy domaining.

 

[JayT]

Oh RIGHT. The "chart".

https://namebio.com/?s=gNwcjN0EDN
Last month of NameBio day for LLLL .com's priced between $1,500 and $1,800, sorted low price to high.

cfjl.com 1,500 USD 2016-01-13
njmh.com 1,550 USD 2016-01-06
mwdr.com 1,700 USD 2016-02-04
wnqk.com 1,720 USD 2016-02-02
brhq.com 1,751 USD 2016-02-02
tsyr.com 1,800 USD 2016-01-27
wswr.com 1,800 USD 2016-01-22

... And that brings me back to how someone can say, in relation to xngr.com, "it should be noted that the aforementioned name would have garnered a minimum of $2600 just 30 days ago -- a staggering decline of $800."

And so when I suggest someone list sales from 30 days ago... "But the chart!!"
Ok, well there's a list of the low end sales from 30 days ago.

I'd say xngr.com is a pretty decent comp to mwdr.com, (IMHO, the dr - doctor - ender is better than gr) which, from above:
$1,700 USD 2016-02-04 = 36 days ago.
Oh right.... Outlier.

Anyway... With that, I'm moving on and wish you all good luck and happy domaining.

It's fair and prudent to look at an avg price of chip sales, not pick and choose as you are.

Newbie chinese domainer: 'Oh 4L.coms are going up, im going to buy one!'
Newbie chinese domainer thinks: 'Highest payday is find end user'
Newbie chinese domainer strugles to find chinese companies matching a pinyin acronym 4l.com
Newbie chinese domainer contacts all possible end-users and gets no response
Newbie chinese domainer loses interest
Prices fall.

This is not like real words such as coupons.com that anyone can turn into a business. Where million of people can see the potential income from such a good name.
This is strictly waiting for a VERY (too) specific company to come along and use it for an established business. You can't turn chip into a success because it's simply a short 4L domain.

 

[21x20]

I know I said I'm moving on but, again, @JayT ...

"it should be noted that the aforementioned name would have garnered a minimum of $2600 just 30 days ago -- a staggering decline of $800."

That was a false, untrue or just "wrongly made" statement. I provided sales data to show it's not the case. The same name could have EASILY garnered a minimum of $1,700 just 30 days ago - just like a close comp mwdr.com did. An al biet not staggering profit of $100.

Charts are only as good as their data and this isn't the DOW where all data points actually exist in one place and all shares are created equal.

When you have someone making a statement like "it should be noted that the aforementioned name would have garnered a minimum of $2600 just 30 days ago -- a staggering decline of $800." -- I don't see how you can let that go and just point to the chart.

Which was the point of the post you just replied to.

 

[N-A]

I know I said I'm moving on but, again, @JayT ...

"it should be noted that the aforementioned name would have garnered a minimum of $2600 just 30 days ago -- a staggering decline of $800."

That was a false, untrue or just "wrongly made" statement. I provided sales data to show it's not the case. The same name could have EASILY garnered a minimum of $1,700 just 30 days ago - just like a close comp mwdr.com did. An al biet not staggering profit of $100.

Charts are only as good as their data and this isn't the DOW where all data points actually exist in one place and all shares are created equal.

When you have someone making a statement like "it should be noted that the aforementioned name would have garnered a minimum of $2600 just 30 days ago -- a staggering decline of $800." -- I don't see how you can let that go and just point to the chart.

Which was the point of the post you just replied to.

Dunno how many times you quoted me... 3? 4?

Anyway if you had sold that name at the peak, it would have sold for $2600. Now, you'd be lucky to get $1800. You say that's still $100 more than 30 days ago, which is true. However, you seem to be ignoring the rapid valuation growth and decline.

At any rate, there's no convincing you. So buy in, it's worth more now than 30 days ago and has further room to grow (interpreted from what you wrote). Good luck.

 

[21x20]

Dunno how many times you quoted me... 3? 4?

Anyway if you had sold that name at the peak, it would have sold for $2600. Now, you'd be lucky to get $1800. You say that's still $100 more than 30 days ago, which is true. However, you seem to be ignoring the rapid valuation growth and decline.

At any rate, there's no convincing you. So buy in, it's worth more now than 30 days ago and has further room to grow (interpreted from what you wrote). Good luck.

I'm was just trying to find the "peak" where this name was a minimum of $2,600. You said 30 days ago, but not based on the sales I found. I also posted data from December, November, September... I mean, "when" was this peak where no LLLL chip sold for under $2,600? I very literally can't find it.