question Why are people bidding so much for this domain?

[bvn]

Domain is

ninespiceshotpot com​

The current bid is 1200 USD. Why are people paying so much for this name?

 

[Kuffy]

It looks as if it is a Korean restaurant chain in the US. They seem to have the domain names with the two letter state coide as a suffix. Maybe it isn't a chain, and the individual restaurants are competing for the name.

 

[Daniel Owens]

Well, first of all it's an amazing domain. Second it very high value. Also, great for SEO.

 

[winst]

Hot Pots are popular in Asia. Basically, they are fondus with spicy soup that you use to cook your meat and vegetables at the table.