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.

 

[Nick]

It is obvious that they have moved on to other things for the time being.

From my own research, I am seeing more Chinese investors moving towards short ccTLDs lately. I feel like the mentality right now is like "why pay $2000 for a 4L .COM when I can buy a 2-3 number for the same price or cheaper?" Again, my own observations and experiences with Chinese domainers I interact with.

 

[frank-germany]

chaomi floor is $1694 USD

 

[domainking9999]

Today I received $1,900 USD each offer.
I am not selling them

 

[Manik]

I have a domain ZRNX.com for sale at auction at Namejet that I picked up for $900. Its at 1950 with a few hours left. That's $1650 after commission so far. I consider that a nice return. Is that bad because I could have gotten more at some point? Or is it only good because I got a bunch early? As long as these types of threads keep going and spreading the fear I will continue to make money. Been some great buys on some Western letters lately. Maybe I'll be the bag holder but I feel no different than 8 years ago. Great western letter LLLL.com are good for end users.

Domain Shane recommended domains always go more than market value. :P

 

[Lionel Cohen]

Show attachment 26081 Other chips are doing even worse...

.Net has lost almost 50%. I did write at the time that 1/6 of .com price for .net is not sustainable and either .com was to go up 2+ times or .net crash was imminent.

Now, it is around 1/10 and kind of ok, although could go to 1/15 level as well...

Chips .net at 1/6 of .com...would love to know where you get those datas from. I have a large portfolio of those and the reality is the following:
4l chips .net have trading at 1/10 of the .com for months and still do around at 160/180 vs 1600/1800 for the .com
3l non chips and chips .net have actually beeen trading at 1/15 vs .com for months and still do: 3k for the chips and 1k for the non chips .net.
I saw a few 3l.net non chips trading below 1k, but those are desparate sellers and the real volume does not trade there.

 

[frank-germany]

http://domainpayout.com/3lnetchips.php

3 letter . Net chips latest sales

 

[indam]

And to imagine a few weeks back, a thread prophetizing 1000$ for random 4L.com was full of convicted followers

 

[Domain Shane]

And to imagine a few weeks back, a thread prophetizing 1000$ for random 4L.com was full of convicted followers

I remember reading almost every thread at Namepros this week saying everything was falling to nothing. I can guarantee we'll be somewhere in between the two

 

[mwzd]

And to imagine a few weeks back, a thread prophetizing 1000$ for random 4L.com was full of convicted followers

I still think any llll.com should be above $1k, given that the market for these is global and talking from an end user perspective.

Investor to investor sales are more commodity plays and just tell you what the bottom is, not the actual value of the domain.

The Chinese love buying based on 'category' but when it comes to selling, the story is entirely different from what I've seen.

 

[frank-germany]

chaomi floor $1771 USD

 

[frank-germany]

chaomi floor $1758 USD

 

[frank-germany]

 

[harpo]

Magnificent thread , really enjoy the spectrum of everyone's ideas /emotions and thoughts here .... As i woke this morning somehow i remembered this article .
" Queen of Trash " this one Chinese lady is making billions from America's Garbage .
http://www.nytimes.com/2007/01/15/business/worldbusiness/15iht-trash.4211783.html?_r=0

 

[newviewit]

I've posted my response in another thread because it's too long >

 

[frank-germany]

chaomi floor $1721 USD

but many trade at $2.3K USD
floor concept is not helpfull

 

[frank-germany]

 

[frank-germany]

chaomi floor $ 1739 USD

 

[frank-germany]

chaomi floor $ 1738 USD

 

[domeen]

From my own research, I am seeing more Chinese investors moving towards short ccTLDs lately. I feel like the mentality right now is like "why pay $2000 for a 4L .COM when I can buy a 2-3 number for the same price or cheaper?" Again, my own observations and experiences with Chinese domainers I interact with.

They buy short country tlds. I have noticed that too. So veey good time to sell them at decent prices

 

[frank-germany]

http://domainpayout.com/4lcomchips.php