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.

 

[Recons.Com]

LZNZ is a good name. It has repeat letters, ends in a country code of New Zealand and visually is very pleasing.

And it still sold for only $1719 or at/below the floor around that time. Shows low level of investor confidence as of now.

 

[frank-germany]

it shows you can buy cheap
and it had VAT included
means after fees it was $1566 USD for me

there are not only sellers selling
but buyers buying


a sale takes place when there is an agreement about price
and a disagreement about value

 

[indam]

I am still looking to find this thread that prophetized a price of over 1K$ for random 4L.coms by April...

 

[forge]

I am still looking to find this thread that prophetized a price of over 1K$ for random 4L.coms by April...

Hey now, we do still have Easter Sunday after all.

 

[frank-germany]

hjhj.com $6,900.00 3/24/2016 NameJet

 

[Leo Gordon]

I just heard that the chinese government put a regulation on domains

leverage should be 3% now
was before it was 28%

as far as I understand it means they are allowed to make max 3% profit on a trade

that either means:

no trades no more
or 10 time more trades

Hello, Frank
I'm Leo Gordon . yesterday we have a talk on Skype. I have the name VRAV.DE
Do you remember me?

Now I'm curious where you get the news.
because some of my Chinese friends don't know it, yet.
last night, one of my friend,a small investor told me he found that, several 4L chips were sold quickly these days.
He don't know why. Hope you can share some information with me. I personally don't buy or sell chips.
because you have to make a meaning for them. And I'm not good at it.
but I'm still willing to know how it will happens in future.

Thank you.

 

[frank-germany]

some chinese are ready to take a loss

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

 

[frank-germany]

some get out breaking even

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

 

[frank-germany]

chaomi floor $1654 USD

 

[frank-germany]

I have added a moving average chart

please let me know how you like it

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

 

[frank-germany]

today there has been a bulk selling of 30 chips for $1536 USD yuan 9999 from 1 seller

chaomi floor is $ $1535
of a total sale volumn of 48 domains

5 days moving average as of yesterday is $1688 USD

20 days moving average as of yesterday is $1749 USD

 

[.NJ]

today there has been a bulk selling of 30 chips for $1536 USD yuan 9999 from 1 seller

Smart move....

 

[Recons.Com]

today there has been a bulk selling of 30 chips for $1536 USD yuan 9999 from 1 seller

chaomi floor is $ $1535
of a total sale volumn of 48 domains

5 days moving average as of yesterday is $1688 USD

20 days moving average as of yesterday is $1749 USD

Even at the time of decline, Chinese seem not to forget their good numbers. The seller probably was contemplating whether to sell at 9999 yuan or 8888 yuan, but then thought hell with luck, I am not giving up 1111 on each domain, power is good too )))

 

[frank-germany]

most trade actually at 10088 , 10188 ,

 

[Recons.Com]

Panic mode?

 

[Recons.Com]

most trade actually at 10888

Table above shows most trading at 9,999...

 

[frank-germany]

its 1 bulk sale
have a look at the seller ID 70061

 

[Recons.Com]

So now we count only average of trades? ))

Everything aside, there are actually some names that I like )

hwrk (wrk=work, hwrk=homework?), hqqr = QR Headquarters, kysd = kissed, syxr = sixer, but mostly stuff that is looks junky for me (oh, sorry, they are great pinyins), like bxfq, qpxf, rqwq etc...

 

[frank-germany]

obviously a bulk trade is of a different meaning to an overal price development
then multiple singles trades for multiple reason

1) I want a much better price when I buy in bulk
2) this reflects more or less the selling mood of 1 seller
and - in this - case - up to 30 buyers

 

[Recons.Com]

There were some NP members that shared sales for bulk and they were getting even 10%+ premium over market floor for it. It seems, normally bulk sales command premium, not discount, because investors prefer to save on time spent accumulating the portfolios and they don't want affecting prices while buying.