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.

 

[frank-germany]

so we agree that a bulk deal has a different mind set then a single sale

 

[frank-germany]

There were some NP members .... and they don't want affecting prices while buying.

those chinese seller may want to effect prices

 

[Recons.Com]

Frank, if I am still buying, I don't want prices to go up. For example, I don't want pronounceable LLLL.coms go up very much. I will be very careful with my bidding. I'd pay small premium if the ones I like would be delivered to me in a package. I buy some western premiums here from NP member, although I know he gets many of them on Flippa, NJ etc., I'd rather pay him premium than bid it up on those platforms. That, and also he is a nice guy )

If I am holding, then yes, I am interested in prices going up.

But regardless, you have to consider those sales, you can do adjustments for premiums if you like. I'd say, if the person sold bulk for 9,999 each, he'd manage even less per name on average.

Now, that still would be speculation. Hard fact is that they sold for 9,999 and we have to consider that.

 

[hullswingerscom]

judging from my email from buyers yesterday and today LLLL.com chips still seem popular.

 

[frank-germany]

Now, that still would be speculation. Hard fact is that they sold for 9,999 and we have to consider that.

I agree
and its bad enough - no question

 

[frank-germany]

how to make money is declining markets:

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

 

[Recons.Com]

2% without factoring in transaction costs and time spent is not impressive.

 

[frank-germany]

I am impressed

as thats not easy to do in "crashing" markets right?^

by the way 2% in 3 days= 280% per year

 

[Recons.Com]

I am impressed

as thats not easy to do in "crashing" markets right?

Currently it is not in "crashing" state. More or less, it is in resistance state, where the floors are penetrated and retested. So, a little arbitrage here and there can still beat the decline. Plus, with the names often "the beauty is in the eyes of beholder" and even at market crash someone can value it above the floors because the acronym is meaningful to him/her.

Long term, at $1,500 the pump-and-dump investors are not interested in this class of asset anymore. It cannot grow xxx% percent any more, but it can crash 2x+, so the "locusts" have moved on...

The holders are those who a) bought into the story of some cryptocurrency value of LLLL.coms and perpetual growth b) those who bought high or did not sell high and now calming themselves with the narrative that this is just to get people sell cheap and then the price will go back up to $2.5K and eventually will go to $10K. They have "escalated commitment syndrome" and they will stick to it through the crash...

 

[ninjadomain]

I've been getting more inquires and still buying myself. %%-

 

[N-A]

First time checking Chaomi in a while
> 9999 Yuan ($1535)
First time I've seen 4 digits since being introduced to the site; ouch!

 

[Recons.Com]

First time checking Chaomi in a while
> 9999 Yuan ($1535)
First time I've seen 4 digits since being introduced to the site; ouch!

Without speculative investments, that floor is not supportable either. $800-$1100 range is where it should stabilize and start slow long term growth of single digits a year...

 

[accent]

Do stocks all have Price/Earnings ratios between 20 - 25 (a price based on current value)? Stocks often have much higher valuations, the market factors in future potential. P/E is like counting the silver in Silver Dollars - it's a hard floor, but Silver Dollars sell for more than that.

That is how higher domain values make sense. Short .Coms are fairly close to a bet directly on the future expansion of the internet. Pretty good odds, IMHO.

LLL.com seems to be holding steady around $20k, CHIPs $50K. Eventually I expect LLLL.coms to align somewhere around 1/26 - 1/20 of that. To which I agree that Non-CHIPs are currently the better value, speculation aside.

There also is collector value in domains, unlike stocks. I am reminded of it every time someone offers me auction value and I just don't want to sell. You can't quantify it but it's there.

 

[Recons.Com]

1. Domains are not stocks
2. P/E ratios are normally much less than 20/25. 20+ are reserved for high growth tech/other companies. Meaning, those companies can grow revenue/profit 30%-100% or more a year. Your LLLL.com sale % is not going to go 30% year on year, neither will LLLL.com end user sale price.

 

[frank-germany]

all those 888 price finally made 1 seller "lucky"

 

[frank-germany]

I see a lot of volatility in trades
in this case I mean relatively high prices
and relatively low prices for the same
kind of domains 4l.com chips
within a short time frame

in stock trades this often is an idicator for price reversal

 

[frank-germany]

I got pbld.com $1,450 at sedo.com

thank you, you crash prophets

 

[Recons.Com]

I got pbld.com $1,450.00 at sedo.com

thank you, you crash prophets

Sounds about right given the declining market and that pbld does not have a well known acronym besides a gene name and "problem based learning discussion"
Western marketplaces seem to be slow catching up with Chinese trends.
It took them some time to sell for as high as Chinese were at the peak, after Chinese dropped below $2000, NJ, GD, Sedo were still selling many for $2.2-2.5K.

 

[ninjadomain]

Great deal, let me know if you are selling!

I got pbld.com $1,450 at sedo.com

thank you, you crash prophets

 

[Recons.Com]

mzmt.com sold on snapnames just now for $1,600
fshn.com turned into heated battle between 3-4 bidders including me and is already at $3,203. I stopped at $2,603. Great name though (FaSHioN)...