The news of dropping prices among the LLLL .com investors finally arrived in China.
Until now, small domain portfolios were being offered for sale, discreetly and under the pretext of cashing in.
Now, large domain portfolio holders are dumping dozens or even hundreds of domains in one move.
The effects of this activity will be swift and adverse: Oversupply drops prices.
In a volatile micro-economy such as that of domain niches, an over-supply of the “Chip” devalues the coin even further.
So who is doing this currently?
Domain investor “Wuyu” appears to hold hundreds of domains, and he’s dropping on the chopping block 329 LLLL .com domains in one move.
WOW.
In fact, Wuyu’s list is so massive that it’s not worth listing the dozen or so other domain transactions that exist along, and will share them tomorrow.
We keep track of .CN and .COM transactions of between 2 to 4 characters in length only, among the Chinese investors. Some information extracted via BenMi.com, the Chinese domain sales tracker.
Will Wuyu sell more domains on Monday?
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Lets say i wanted to buy somr of them? Where is he posting them for sale?
Tx
“suckerborn eveyday” – Type any of them in your browser.
He’s offering these on 4.cn for BIG prices
MWNW.COM $88,888RMB $13,777USD
RNJL.COM $88,888RMB $13,777USD
XLZQ.COM $88,888RMB $13,777USD
So what’s your point?
It is all about quality.
The highest quality Chinese domains are appreciating value. The less good ones are dropping in price.
Todd – My point is you don’t see the forest from all these trees.