discuss What's up with 7N Craze?

[Pliq]

Just saw an unbelievable 7N domain sales on namebio.

Domain: 5886888 (dot com)
Sold for $2,012

Surprising part is that the domain was registered less than week ago:

Creation Date: 2015-10-29

So I get it now that if there are more 8s in a numeric domain, it is sure to attract buyers! Or am I missing something?

 

[21x20]

This is funny to me. IDK If he sold it too early or not, but what is funny is the annualized return remark. "If the price to rise to 10K 2 years he still didn't do bad because the annualized return would be reduced dramatically - only 500x". Do you work for a brokerage or bank? That is some real feel-good number spin... He theoretically missed out on 8,000$! Where can he take this 2k profit now and turn it into 8k+ in 2 years time to beat the return rate on this theoretical missed opportunity? With such disparity between renewal cost and profit over 2 years plus the added risk of investing in something else for even better return, the aunnualized rate is really moot. I wish I could come up with a good simile.

I personally think there's plenty of places to do this in the numeric and short name spaces, especially given the ability to buy from resellers here at np. For example... I sold a numeric name to a Chinese investor last week for $6k and almost immediately replaced it with a $1,500 buy at GD of equal (or likely better quality) to the $6k name I sold. When you have a buyer willing to pay a premium in the "now", you can reinvest for better returns in the "later". All part of the "it takes money to make money" mantra.

But sure, absolutely -- for someone who sees this concept as some weird bank or brokerage phenom and doesn't see the opportunity to work towards for a better return, then sure I'd agree -- they should've held on ... It's certainly easier than actually working for a better return.

 

[21x20]

Guys, what pattern is better: ABCCCAB or ABCCCBA?

I tend to opt for the palindromes over the book ends. From what I've seen they do better ..... But that's purely observational and I have no actual stats.

 

[DnEbook]

Guys, what pattern is better: ABCCCAB or ABCCCBA?

I prefer the first example, not too sure if everyone gets the palindrome style names. I like them but not too sure about everyone else, so I tend to lean towards the first

 

[GravityEleven]

Palindromes generally do better, as can also be seen on Namebio from 5N to 8N sales.. also they have a more natural balance feeling to them about which chineses seem to care a lot.. (same with the yin and yang type of numbers)

 

[DnEbook]

I agree they look better and have a natural balance, just not sure if the buyers agree, i think the less numbers in the palindrome the better, less confusion

 

[Pliq]

OK now I am totally confused.

From what I have learned so far about Chinese numerics, 4 and 0 are NO NO, right?

Just this week I noted down couple of available NNLLs and LLNNs in dot com. Out of total eight .coms, four are with number "4" in them.

And today when I searched all the domains again for availability? Guess what happened! The one with the LLN4 was registered today.

Confusing part for me: So numerics with 4 also hold some potential or is it me letting go few good 4s .coms?

 

[DnEbook]

yet everyone would love to own 4.com, 44.com 444.com 4444.com ..... and so on. Dont be scared, be educated 48, 84, 54 848 ......some are good luck

 

[Pliq]

yet everyone would love to own 4.com, 44.com 444.com 4444.com ..... and so on. Dont be scared, be educated 48, 84, 54 848 ......some are good luck

Thanks.

So what pattern with 4 and 0 we can go with?

Like:
For 4
14 or 41
24 or 42
So on...

For 0
01 or 10
02 or 20
So on...

 

[GravityEleven]

it's really all about the pattern for most chineses.. if i had a chance to own smthg like 444444.com i wouldn't hesitate one second..

 

[decades80]

Its the vice versa now. The Chinese almost kind of like the 4s in a name, but Western investors who pushed the prices up to the sky, dont like them. It could be also, that some Chinese are not really superstitious and take the 4 in patterns too. Like for the most of Europeans 13 is unlucky number, but I know a lot of people who consider 13 a lucky one. Now for the Europeans 4 is becoming unlucky number. Its like gravity eleven said all about the sequence and palindromes (or near palindromes) or repeating sequences. The Chinese people like symmetry, I made a small investigation and kind of short symmetrical names were taken from 2010 - by Chinese..

 

[GravityEleven]

Symmetry speaks to everyone, no matter what culture, language or country.. that gives them a unique value hard to put in numbers.. it's really similar to art.. something like number's art..

 

[decades80]

Yes, I write poetry and I consider them as poetry pure... They are simply gorgeous! But I kind of disliked 4 in the past months I would never buy me a number with 4 in it. But its just me.

 

[DnEbook]

Thanks.

So what pattern with 4 and 0 we can go with?

Like:
For 4
14 or 41
24 or 42
So on...

For 0
01 or 10
02 or 20
So on...

I find conflicting attitudes regarding this, I do searches for names and 0XXXXXX is gone but sometimes the XXXXXX0 is available? I do prefer the ending, but yet read somewhere if there are 00's are the beginning might be ok?
~
As for the number 4 I did read that the newer generation are not so fussed, after all it's about money

 

[KausarHosting]

New investors ftom China do not care about 0 or 4 in number domains. If there is a pattern or uniqueness, domain sells.

 

[Ms Domainer]

There are a lot of websites out there that explain how 4's in "auspicious" combinations are desirable.

Just Google "Chinese Lucky Numbers" and "Chinese Internet Slang."

Unlike their elders, it seems that young Chinese people aren't so absolutist about the negative connotation of "4."

Chinese internet slang is interesting in that numerical combinations seem to have exploded into a form of numerical language that is "spoken" in mobile texts.

 

[duoduomi]

the price is lower now :D

 

[KausarHosting]

which price you are talking?

 

[DTR Alex]

Thanks.

So what pattern with 4 and 0 we can go with?

Like:
For 4
14 or 41
24 or 42
So on...

For 0
01 or 10
02 or 20
So on...

When scarcity, 4 is considered. If numbers without 4 and 0 are available, register them....

 

[KausarHosting]

the price is lower now :D

Which price you are talking about?

 

[DTR Alex]

I think, it is good thing if stock market is coming into domain names.....

Domain names are also property, asset and like other physical or non-physical asset, it should also be traded freely....