Pump & Dump Domains

[LucidDomains]

I had a weird thought this morning that the certain entities in China are doing a pump and dump scheme. Stock markets, Forex, Bitcoins are all heavily manipulated markets by those with great wealth.

Could it be possible to do that with 4L-5L, 6N-8N domains? Or perhaps what we're seeing it normal, a natural progression of the market.

Anyone thought along the same lines? Or am I comparing apples and oranges?

 

[Tank]

Many domaines have no idea what the Chinese are looking for.. most have only spoken to a Chinese person when ordering there number 21 on the menu.

Yet there willing to buy a $1200 DN because the Chinese are coming ..

peace

And a huge % who are buying to resell are only wanting 8's That is what I believe has gotten out of hand. Doesn't matter what the other numbers are as long as there are no 4's and i see in several posts no 0's.. 4 is death but when combined with certain other numbers it is a very good number..

 

[greggb]

You were obviously stoned when you had such an epiphany.

 

[domeen]

You were obviously stoned when you had such an epiphany.

or at least eaten some mushrooms. I have to agree.

 

[NameOmnia]

I believe many western haven't understood yet that A) Chinese use numbers like words and even when thy chat online and B) Chinese and Asians have lived abroad for decades so they have had access to the internet as much as you all.

Having said that, I have sold my Chinese lllls and I am not regretting it or trying to buy them now; western domainers can be so silly to even buy Chinese domains from Chinese...now...that says it all doesn't it?
But I have some numeric domains which I think will perform very well in the near future. Not all numeric will and maybe not even many but some will and if you have been smart enough to buy/register the right ones you will make some money out of them.

Just my opinion of course.

 

[mnjkr]

I don't think that we have even scratched the surface of domain market. This market is yet unknown in many of the developing market. I hardly know anyone who really knows about the domain market much In India and other SE Asian countries. Average People in a cosmopolitan cities here own assets worth of 0.5-1 million of dollar in real estate and own as many as 2-3 properties. 1 is generally for living and other 2-3 are for investment. Think about - These real estates have very less liquidity. At least the business of owning domain and flipping them have much better liquidity. I am lucky to have good knowledge of domain market and surely would benefit in the long run. Imagine what would happen when the average middle, upper middle and rich Indians also join this fray along with the Chinese euphoria that we are seeing. This domain business is here to stay!!! Just sharing my 2 cents!!!

 

[Dream Big]

There is a big difference between shit coin PND and domain(.COM) bull market.

We all know Chinese use Numeric domains and now they are taking up the market (.COM) to next level by creating a new floor (6N buyout, 7N buyout probably next year). Maybe this bull run is created by a few wealthy Chinese. We are riding along the wave trying to make some money.

IMO buying 4N, 5N, 6N .net, .co .info etc.. is just burning money. You can certainly correlate alt coin pump and dumps to numeric .net, .co, .xyz, .info etc

 

[GravityEleven]

IMO buying 4N, 5N, 6N .net, .co .info etc.. is just burning money. You can certainly correlate alt coin pump and dumps to numeric .net, .co, .xyz, .info etc

in this i completely agree with you.. i still remember well the litecoin hype following the bitcoin surge back then, lots of people (including me) getting burnt with these altcoins once bitcoin took a beating (for all outsiders: most altcoins dived faster and harder than bitcoin did)..

 

[LucidDomains]

Bitcoin will surge into a new bubble in the next year or so and of course fall hard again. Anyway that's off topic. I don't want to turn this into a Bitcoin speculation thread. :D

 

[brandnow]

I lived in China for many years. I am familiar (though by no means an expert) on the value of numbers to Chinese people and in mainland China society. It is sad because I am watching people throwing lots of money away on numerical domains. I mean, let people do what they want. Maybe it's not sad. Maybe they will find a way to flip these names. Certainly 3N and 4N .com domains have real value right now. However, I agree with the above post where someone mentioned that it's not as easy as just picking domains with the number 8 and "without 0 or 4." Sometimes 4 and 0 have value too. It's hilariously sad to watch people who don't speak Chinese and have never lived in China to try to pick out winning numbers based on a few comments they read online. Peace out.

 

[carob]

Well pumping benefits registrars if there are buyouts.

And another angle is reported sales - if you get people to buy your domains at high prices and those get reported it pushes prices and registrations up. Someone buying their own domain on Sedo via proxy for $50k would spend $5k on Sedo commission and might then push up sale prices of other domains by more than that, making it worth it.

 

[Recons.Com]

And Chinese needed all the time till 2015 suddenly to realize how important it is for their culture to have 8N dot coms and 4L "premium" xzjx.com which is most certainly gold )

"The King is naked" all over again )

3N, 4N have value and always had. It is super easy to remember it. Even 5N in the US had value because of the zip codes. I'd buy before the hype my zip code 5L dot come. But what is happening right now is pure artificial market created out of thin air. Eventually, it will crash lots of people and money under it.

 

[brandnow]

And Chinese needed all the time till 2015 suddenly to realize how important it is for their culture to have 8N dot coms and 4L "premium" xzjx.com which is most certainly gold )

"The King is naked" all over again )

3N, 4N have value and always had. It is super easy to remember it. Even 5N in the US had value because of the zip codes. I'd buy before the hype my zip code 5L dot come. But what is happening right now is pure artificial market created out of thin air. Eventually, it will crash lots of people and money under it.

well said.

 

[thetruman]

Even if we take that China has never had internet, and they started registering domains in sept. 2015, the prices still do not make any sense. As somone said, domains most have commercial use. They most make money.

in this case domain doesn t need to have a commercial use. I s a collectible item. Each and any domain is unique and not replicable. So you get a unique name that is in a niche that has a market (fairly liquid). I would probably never use the domain on the internet but anyone on the market recognize its value (that can go up and down obv) and you can cash off anytime wherever you are in the world. Think about it

 

[domeen]

in this case domain doesn t need to have a commercial use. I s a collectible item. Each and any domain is unique and not replicable. So you get a unique name that is in a niche that has a market (fairly liquid). I would probably never use the domain on the internet but anyone on the market recognize its value (that can go up and down obv) and you can cash off anytime wherever you are in the world. Think about it

thats where you are wrong.
Domains are not collectible.s

 

[thetruman]

definition of collectible
an object suitable for a collection, originally a work of fine art or an antique, now including also any of a wide variety of items collected as a hobby, for display, or as an investment whose value may appreciate.

 

[21x20]

thats where you are wrong.
Domains are not collectible.s

They're not collectibles to you.

I've been collecting domains for ~20 years now. Buying, selling, trading --- yes, collecting. I suppose you could call it "accumulating" instead of "collecting"... but I've always considered myself a domain hobbyist and hobbyists tend to collect things.

Is your issue with them being collectable that they have a yearly fee attached? Over something like stamps? People collect cars and the insurance costs of keeping rare cars is insanely high -- let alone having the space to keep them.

Domains are awesome because my wife gives me enough space to keep as many as I want. This is in stark contrast to the 3 drawers I've been allotted in the bedroom.

 

[GravityEleven]

anything not infinite can be collectible.. what we are experiencing is simply domains being used as some sort of digital currency, although with differing values based on the domains themselves.. and the additional plus of appreciating making it ideal for collecting, investing and selling around..

 

[domeen]

They're not collectibles to you.

I've been collecting domains for ~20 years now. Buying, selling, trading --- yes, collecting. I suppose you could call it "accumulating" instead of "collecting"... but I've always considered myself a domain hobbyist and hobbyists tend to collect things.

Is your issue with them being collectable that they have a yearly fee attached? Over something like stamps? People collect cars and the insurance costs of keeping rare cars is insanely high -- let alone having the space to keep them.

Domains are awesome because my wife gives me enough space to keep as many as I want. This is in stark contrast to the 3 drawers I've been allotted in the bedroom.

well, I agree on You on some level. That I also have the collectors gene somewhere inside me. I tend to get addicted. Thats why I probably got so many domains, that I got addicted.

But I don´t consider them 100% collectibles. I mean someone asks you, what do you collect " I collect domains". why do you collect them? "because they are fun to watch"

My point, they need to make money. I mean they are nice to look at registrars account.

I just can`t imagine someone who collects them just for collecting. Not for selling and profit

 

[thetruman]

that is your point. But you are the one that is wrong, not me.

 

[domeen]

that is your point. But you are the one that is wrong, not me.

so your KXKKH.COM start at 5 $ 1 ? whats that?
if you want to be collector, don´t sell them