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The nature of value in Chinese domains - are they business assets or currency?

Located in Chinese Domain Discussion, started by 33S, Jan 18, 2016

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630

  1. 33S

    33S Established Member

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    What is the nature of value CHIP domains have - are they valuable because it's a new trend for the Chinese to move their business websites to short and numeric domains (postal codes or phone numbers?) and therefore investors started to grab all possible combinations, or chip domains are like currency, like bitcoin, where a critical mass of people decided it was valuable and the rest followed them.

    Or, to approach the question from a different angle: how does their value depend on actual websites using them?

    I ask because I'm interested how the recession the world is entering will change value of Chinese domains? If they are purely business assets, then they will fall in value because businesses will try to cut costs, but if they are a 'currency' themselves, independent from government power, they might get a boost.

    If I'm completely off base on Chinese domains, please explain why.

    Thanks :)
     
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  2. jkm

    jkm Established Member

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    http://domaingang.com/domain-news/c...olatility-and-short-domains-as-an-investment/

    I agree with this quote. Will see what happens then investors will need to cash out ;)
     
  3. Lionel Cohen

    Lionel Cohen Upgraded Member Gold Account

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    I agree on the fact that their value is not correlated to end users demand, exactly the same way that mosr currencies or stock are traded for the only sake to make a trading profit, most stock buyers for example will never exercise their voting right attached or for USD1 exchanged in the real econony USD100 are on derivated.
     
  4. hugegrowth

    hugegrowth DomainMedia.ca VIP ★★★★★★★★★★

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    Difference is you can print more currency or create more Bitcoin. One dollar is the same as the next, one gold ounce is the same as the next. Each domain in unique, and there are a finite number of LL, NN, LLL and so on, with domain extension being another descriptor. Not to say domains are a currency, but there is a finite supply of short quality domains in a world of growing Internet.
     
  5. hugegrowth

    hugegrowth DomainMedia.ca VIP ★★★★★★★★★★

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    I wonder who the "very important domain investor" was? Lol
    If it was made up I wonder why they care about having no aeiouv?
     
  6. Domo Sapiens

    Domo Sapiens Established Member ★★★★★★★★★★

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    How is this different than the New gTLDs ?
    where there is virtually NO End User interest/market and even worse NO reseller Market
     

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