discuss LLLLL.Com Chips - Are You Renewing or Dropping?

[Lakshan]

Hi, Renewal season is coming up. Most probably Nov 15. What do you do with them?

LLLLL.com Chips - Renewing or Dropping?

LLLLL.com Chips (Without L, N, P, Q, R) - Renewing or Dropping?

 

[varyemez]

I will renew only ultra chip 5Ls: aaabc, abccc, abbbc, aabbc, abbcc etc.

For others "drop" (550-600 domain)

 

[joro001]

I think despite the overall pickup in the chinese market in recent days and weeks 5l.coms are still highly risky.
The Chinese pumped up the same categories, 4l's, 5/6ns etc. at the same time last year and then vanished before 5l's could become a real market. They had another go around Feb I think it was but it still fell 10% short or so from sellout and since then most have been worthless.

It's hard to be anything other than pragmatic here, $10k invested - $0 back = mega fail.

Will see if anything major happens in the coming 2 weeks to change my mind. Assuming not and the pumps going on now fall away again will drop most or all what I have coming up for renewal. What would be really dumb would be to fall for the same hype as last year, renew a ton of them and then watch the Chinese run again for another year.

 

[DnEbook]

I only have five or six of these and did reg them for two years so I have another year to think about it, probably drop if not sold by then

 

[joro001]

Just deleted around 400. Talk about a waste of time and money lol.
Fortunately I made ROI overall in Chinese speculative markets. I've learnt much from this experience and others i'm sure have too. I know someone that has lost big 6 figures in the last year investing in chinese hype so it's all relative.

Don't fall for hype with no proven end user market is the obvious lesson for me.

 

[Arca]

I know someone that has lost big 6 figures in the last year investing in chinese hype so it's all relative.

On 5L.COMs?

 

[DGMDomains]

Same, I will only renew my rare patterned ones...(AABAA) hell I only have 3 left anyways lol.

 

[Nazz]

Punt the sh*t outta them!

 

[joro001]

On 5L.COMs?

Not just 5l's I should add but 5l's included in that whopping loss.

Bottom line 5l's are incredibly risky. I could have put that $10k into stocks, ethereum etc. just about anything in the last year and made money. Instead I put them into this which yielded $0.

Lesson learnt!

 

[trp3]

Of course most of us will them drop them this year (including me), but also time will come for 5L's -- nobody knows exactly when, but if it should come be prepared to not act like a butthurt.

 

[Arca]

Not just 5l's I should add but 5l's included in that whopping loss.

Bottom line 5l's are incredibly risky. I could have put that $10k into stocks, ethereum etc. just about anything in the last year and made money. Instead I put them into this which yielded $0.

Lesson learnt!

Hindsight is 20/20. The whole Chinese domain boom went a lot further than anyone had expected, so the speculative optimism towards 5L.coms was not entirely without basis, even in the face of the crazy numbers needed to reach a buyout.

"Big six figures" is a crazy amount to spend (and lose) on something so uncertain though. That’s not an amount to play with! (unless you got really deep-pockets and can afford to lose it)

 

[Lakshan]

Probably 2 Weeks Left For The Drop Season...

 

[ercan]

I am accumulating the last 3 months dropping 5L chips, total number is 47559 and I checked today taken is 73,82%

First 2 Characters

10 days stats droppings 5173, taken 73,03%

Maybe it would be useful I think 50% to be renewed.