Chinese domain market : No more Bitcoin exchanges in China

China is getting ready to pull the plug on local Bitcoin exchanges, a step beyond ICO banning. The Chinese government is an unstoppable machine that regulates the Internet in China, hiding many Western service companies behind the Great Firewall. By ending the activity of local Bitcoin exchanges, China intends to strengthen its control and regulation […]

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Escrow.com puts the brakes on Chinese buyers’ credit cards

Escrow.com has temporarily disabled credit card payments from Chinese buyers, due to high decline rates. The top domain payments facilitator announced that domain name buyers from China will have to use bank wire transfers, until the measure is reversed. Here is what Escrow.com announced: “We have noticed unusually high decline rates on credit cards from […]

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New six percent tax in China : Domains are now “intangible assets”

On July 1st, China introduced a 6% tax levy on domain names, and this is good news. Some might wonder, how would an act of “Communist Capitalism” such as this be “good news” for the Chinese domain investors? Very simple. According to this chart sheet in Chinese, domain name sales are categorized as “Sales of […]

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Black rice domains : Did 988.com just sell for $1,000,000 dollars?

A distraught domain buyer claiming that they lost $1,000,000 dollars to a seller that reversed the escrow-less transaction, now claims the exchange went through. User “Dong Yuan” asserted on NamePros that they acquired a domain for $1,000,000 dollars but it was subsequently locked down after a TDRP complaint was filed. Seeking advice for a million […]

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Chinese domain market report : Clickfarm scam got clicks going

A Chinese clickfarm utilized 400 iPhone devices, with 300 thousand SIM cards; its operators were located in Thailand. Low cost of phone carrier services lured the Chinese schemers to Thailand, who were paid thousands of dollars to boost the popularity of Chinese apps and web sites. The sophisticated clickfarm ran bots on hundreds of iPhones […]

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Chinese domain market report : Join the “Toilet Revolution” in China

China can be a shocking experience to many Westerners. When domain investor, George Verdugo, visited China for business, he was shocked to find his hotel toilet to be just an ample hole on the floor. While this type of oriental approach to bodily functions has its advantages, it’s not exactly the method of choice for […]

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Black rice : Stolen domains concern the Chinese investor community

During the past two years, the proliferation of the short domain market in Asia and China in particular, generated millions of dollars in sales. The majority of those numbers come from sales of LL .com domains, but LLL/NNN .com and LLLL/NNNN .com domains also contribute to the sales volume. Chinese investors went “gaga” over this […]

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Chinese domain market report : Cao ni ma, 2016 !

China entered 2017 among the first nations in the world, and its domain investing community is sending a collective “Cao Ni Ma” to 2016. The year that sent prices of “Chinese premiums” tumbling like dog-pooped noodles, is over. Welcome to a new year worldwide, although China’s officially changing on January 28th to the Year of […]

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Chinese domain market report : Ding Ning or Ning Ding?

If you want to watch the Olympic games in Rio, Brazil, you’d better be using a VPN. Like thousands of Chinese, getting past the restraints of a geographical block can get you better content. Once you watch the Olympic coverage of BBC or CBC you’ll wonder how the heck did you put up with NBC […]

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Dear Chinese domainers : CRZ.com is *still* not for sale

In October of last year, we shared our discovery of an entertaining web page, dedicated to sharing inquiries for the domain CRZ.com. An acronym of its owner’s full name, Christopher Robin Zimmerman, the aged three letter domain has been receiving offers to sell, non-stop. Naturally, the owner does not want to sell, and continues to […]

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Chinese domain market report : China’s powerful domainers

The Chinese domain investors who attended the World Domain Conference last month, were among the most powerful in Asia. Not only because the market is jumping with domain transactions currently, but also in terms of capital on hand. The number of Chinese entrepreneurs that are involved in domain investing follows different principles than in the […]

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