What Makes Numeric Domains So Valuable?

[Arpit131]

China is a country of many languages. And there are tens of thousands of Chinese characters. But there is no alphabet.Thus, in the online world, Chinese businesses have traditionally branded their websites using numbers or pinyin (a phonetic system for translating Mandarin pronunciations of Chinese characters with the Latin alphabet).

Know what attributes the value to domain names like 89992.com a whopping $4,000 and more, in this article on 88domains

 

[greggb]

Numeric domains are so "valuable" because at some point, one, or a couple of people told the rest of the domaining industry that numeric domains are "valuable". Without ever questioning or asking why, the rest of the domaining industry started buying up numeric domains, like the good sheep they are. Now there's a frenzy to buy numeric domains based 0% on thought, or logic, because when was the last time you ever visited a site whose domain was nothing but numbers? Not even 666.com resolves to an actual site.

The mindless, idiotic, robotic purchasing of numeric domains is a trend that will end some day (like all trends do). And when that trend ends I'm going to come to this forum and say "ha, I told you so" to all the people here whining because they can't get anything for the absolutely, ridiculously worthless numeric domains they paid good money for.