debate Has the bubble burst ?

[geek80]

Well these are the auctions results yesterday at 4.cn for the so called "CHIPS" .

xnmq.com - 1573 USD
zlhq.com - 1542 USD
qfnq.com - 1631 USD

So has the bubble burst or Am I totally wrong?

Welcome your views on this.

 

[Keith DeBoer]

The CHIP market seems to parallel the Chinese stock market only they go opposite each other. Chinese stocks have been rallying hard since early Feb so CHIP prices are soft to low.

 

[dbustin]

I dont get the speculation on 5L... how can 5L chips go up in worth while chips across every tld are going down? Would it not be obvious that all chips are on a bit of a drop? I dont get how 5L would be the next obvious thing to invest in, if anything i would say anything but chips has a chance for growth while chinese investors figure out their next trend...

Anyways, it is interesting what @Keith DeBoer said about the stock market though, if that holds true we know what to do next time it takes a spill.

 

[ninjadomain]

All recent auctions I've been in have been reaching or exceeding past market value.

 

[wwwweb]

I dont get the speculation on 5L... how can 5L chips go up in worth while chips across every tld are going down? Would it not be obvious that all chips are on a bit of a drop? I dont get how 5L would be the next obvious thing to invest in, if anything i would say anything but chips has a chance for growth while chinese investors figure out their next trend...

Anyways, it is interesting what @Keith DeBoer said about the stock market though, if that holds true we know what to do next time it takes a spill.

You are talking about 5L.com chips going from reg fee to $20, $50, $100 they are speculative because people feel they have the ability to make a larger % return, as opposed to say something like a 4L.com where you might make 20-25% return if you time it well.

So for that reason, it is much like penny stocks, get some good PR, and volume, and the pennies add up.

 

[brindle123]

5L has to be pronounceable to make any sense to me.

At least 4L can still be acronyms. I don't think any company would use 5L as an acronym.

Fchips

I meant to say fish Chips

 

[Keith DeBoer]

My stock market theory: If the Chinese stock mkt runs opposite to domain prices then a short against the Chinese stock market should run parallel to the CHIP mkt. To illustrate this here are the two charts......... notice the similar shapes in the charts of the 4L.com CHIP prices and a double short Chinese stock market ETF. Both charts show the period from May 2015 to the present. They are not the same but there is a similarity to my eye. What do you think?

 

[vickyhunter]

First sale of 03/11/2016 reported on Chaomi.

Whdz.com - 16000 RMB

Will we have a bounce back soon?

-V

 

[ksusha64]

Guys stop with this panic. Some names are higher than before. You need to check all categories.

 

[heavend]

Guys stop with this panic. Some names are higher than before. You need to check all categories.

the title is very panicky - specially for people who invested a lot of $ into LLLL.coms
I am one of those people who bought on the high end so I imagine (hope) it will even out with time and start going in the right direction - as it always does... it just may take a few years.

and it's not like you are going to let something expire that you spent $2,500 on so I dont' see the reason to panic.

 

[wwwweb]

the title is very panicky - specially for people who invested a lot of $ into LLLL.coms
I am one of those people who bought on the high end so I imagine (hope) it will even out with time and start going in the right direction - as it always does... it just may take a few years.

and it's not like you are going to let something expire that you spent $2,500 on so I dont' see the reason to panic.

Well compared to a few months ago people are more focused on letter quality, and meaning whereas back around the new year anything less a e I o u or v, was pretty well being priced as a general category price. Multiple similar letters were bringing in more as they should, but now lnrpq have been given a black eye also, so they have become tier 2 somewhat, and will not bounce back like the new tier 1 class.

 

[joro001]

I think the OP is asking a fair question and I don't think any of the replies saying we are in a downmarket are in any way unreasonable. Some of the stronger views comparing it to BTC and the top/double top we saw there are open to debate, but even that can not be ruled out at this stage. The next few months will reveal much on that front and if this is just temporary.

I have my own opinion on 4l.com chips which i've mentioned before and after extensive tracking of sales for a long time I do feel many big Chinese investors left 4l chips a long time ago which is why for months there has been next to no serious volume and prices have never recovered to close to the old highs and now we're at 90+ day lows.

However, things could of course pick up any day if the big Chinese investors feel the price drop is appealing enough to re enter in a big way. It definitely could happen, but as of now there's little sign of it happening.
Investors have every right to wonder if there's something seriously wrong with the Chinese domain market and if they should cash in now for anything or be patient and wait this downmarket out. It's only natural to ask the question and see what others think. As expected, there are many differing opinions, no surprise there.

All the best!

 

[ninjadomain]

rndm.com just sold for $2995+, didn't get to see the last 2 mins.

 

[vickyhunter]

rndm.com just sold for $2995+, didn't get to see the last 2 mins.

Are you sure? LLLLSales.com shows the sale at $2075.

 

[ninjadomain]

I'm certain as I almost bid.

 

[rpanella]

rndm.com just sold for $2995+, didn't get to see the last 2 mins.

Are you sure? LLLLSales.com shows the sale at $2075.

Actual ending price appears to be $3000 and the site has been updated to reflect that. It was double posted with an earlier price before the auction was extended.

 

[Domainzy]

Transition of money into the next push. If you know where the money is going to flow there is still great money to be made.

100% Correct! Right now we are seeing the transition of Chinese money into the next push!

I try to connect with as many influential Chinese investors on social media as I can. These investors have massive budgets and they never follow trends, they set them. They also have a massive following on social media and right now all the buzz is about 'Ethereum' and a few other blockchain investments. Once the price plateaus they transition money into the next...

Its important to note that these market movers are smart and do invest in good investments, but they just have such a massive following that prices tend to spike. These market movers are not still 'playing' in the LLLL.com game, sure some of their follows are! But market movers don't 'speculate', and investing in 4L chips at current prices is not an investment, it's speculation.

 

[brindle123]

The bubble may be deflating in the chips, but I don't think the western premiums will follow.
I don't follow the data like some of you guys, so this is just my opinion.

There seems to be too many westerners and english speaking domainers in the markets to allow the western premiums to follow the chip market.

 

[Andy Dewar]

I think it is burst temporarily. It will always repeat I'm sure and I think there will be another bubble in 1-5 years especially with the new TLDs.

 

[DomainPluto]

I wouldn't say a burst as some chips are still selling for their value, but there has certainly been a dip in the market lately.

 

[1john2004]

Just a market correction. There will be a crash if Chinese would have stopped buying.

Currently they don't

26 LLLL.COM chips were sold 03-11 according to chaomi