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auctions SATI.COM last sold for $100,000 on 2017-03-29 and now $x,xxx in auction

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Bleto123

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Didn't you notice yet? SATI.COM last sold for $100,000 on 2017-03-29 and now back in auction on Sedo for a low price offer of $4200 and this with 3 hours left.

How is that possible?
 
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Whats really strange is that the current owner has this written at the bottom of the auction page:

(this domain) asking price: 22 millions usd For business inquiries, please contact Lianne van Hoorn: +49 221 340 30153

Then a bit higher up:
Reserve price range: 1 USD - 99 USD
 
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Lianne van Hoorn is a regional manager / broker at Sedo in Germany.
 
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Four letter domain sales are picking up actually. Even the crappy ones are selling around $1000.
Off topic a bit, but is this a joke?
 
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WHOIS shows the domain was owned by John Fanning of DotCom Capital LLC using a @netcapital.com email address on March 7th, 2017 (eNom). The earliest WHOIS I have for Sati.com is from November 2nd, 2015, and Mr. Fanning is the registrant.

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NameBio.com reported the $100,000 sedo sale on March 29th, 2017.

It looks like there was a WHOIS update on April 18th, 2017. (I'm not sure if this was the earliest WHOIS change, or if there was one in between March 7th, 2017 and April 18th, 2017). WHOIS is private. (Paragon Internet Group)
Is that domainshane?

When I google "sati.com sedo" .. I get the following link from google directly to sedo:

https://sedo.com/search/details/?ai..._cid=16&et_lid=246422&et_sub=domainshaneoffer

Sati.com was mentioned on DSAD.com in the November 8th auction recap. HERE (that might explain why google indexed the sub=domainshaneoffer link.

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Sati.com is also currently the "Domain of the Day" on DSAD.com. I don't read this blog very often, so I'm not familiar with the domain of the day process, or how they are selected. tagging @Domain Shane

upload_2017-11-13_19-37-44.png
 
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As we discussed privately, and I may be mistaken, I thought some of those letters weren’t premium. Like r p f ? Thanks.

quick recap of the last 15 years or so:

1) the short domain sector, like all human endeavors, is prone to segmentation and rationalization. some arguments are true but others are just people trying to get sense out of things and then an idea gets mainstream and becomes a fact.

2) there is actually a pattern of good and bad letters, and even for their position on a short domain name, confirmed thru analyses of what domains sold and/or got developed by end-users. this analyses shows that a subset of the 25 Latin letters is more prone to be used by an end-user simply because most businesses target the English language and more businesses belong to highly developed nations with strong purchasing power like USA, UK, Germany, France, etc, and so there are letters that start more common words in this(ese) language(s). this subset was named "premium (western) letters" and consists of letters abcdefgilmnoprst, where letters jku and maybe vw are usually considered semi-premium and qxyz are consider bad letters (because not many businesses have names started with these letters or usually the ones that pay more use names with premium letters)

3) fast forward to end of 2013 and then a pattern started to arise where what used to be called bad letters started to got picked by Chinese. the rationale behind this is, contrary in some way to what is the pattern in the "western" world and languages, with Chinese/Mandarin there are lots of words that start with the bad letters qxyz. given that China has a lot of people and growing purchase power and that many chinese domainers entered the market at this time, this idea got pervasive until it reached a mania status in 2015 where the letters bcdfghjklmnpqrstxyz were considered premium to Chinese and coined by one namepros member as CHIPS (chinese premiums). this turned the market upside down and what was until then considered inferior quality letters and domains started to attract more money than the proven track record of the western premium letters. this even spread to numeric domains.

4) after the peak in Nov/Dec 2015 the all short domain segment got crushed in the following 2 years, and has actually hit new lows in the last month.

so when you see domains being sold for $1k or close they are not that really high, considering where they were 2 years ago. actually the market has sank +50%. strangely, the numeric sub-sector, that has even less developed sites, has been hit less, go figure.
 
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So tell me; do you understand why your examples are not indicative of a rise in prices or you missed the CHIP phenomenon?
 
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Did it actually close in March?
 
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I doubt it actually sold for $ 100,000 in March 2017.
 
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Why do they have to resell the domain that they bought at 100,000 usd at low reserve? The answer is...
 
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perhaps a stolen domain?
 
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has a live website on it... and it's a TM / company?
 
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Not necessarily stolen

Big companies can do it

But it can be a big loss
 
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Four letter domain sales are picking up actually. Even the crappy ones are selling around $1000.

There are almost no stolen domains out there for sale, this is just hype people think it happens a lot, and it does not. Even when a domain is stolen the usual M.O. is for the thief to try to sell it back to the owner, ransom, example:
https://www.domainsherpa.com/calvins-domain-theft/
 
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Strange?
 
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Its on the auction page as well.. (I posted it above).
 
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Check Whois
The owner is the same who listed the domain on Sedo.
 
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