Chinese domain market report : Chips, Bitcoin and trade war with China

With Donald Trump at the helm, the global stock markets are on the edge of an unstable future.

The Chinese President’s visit to the US was an opportunity for Trump to receive some valuable lessons on history and economy; Xi Jinping patiently explained the North Korean issue, among other things.

Trump responded by dropping a massive bomb in Afghanistan, right before Easter.

Domain investors in China are driven by an economy that is projecting 6.5% growth this year, lower than any other year in the past decade.

While domain sales volume has increased, domain “Chips” are trading between $1,150 and $1,200 dollars this past week.

Interestingly, this is the same range that Bitcoin has been trading for, which could lead to the following scenario:

The Chinese authorities are not allowing exchange withdrawals of BTC, and Chip auctions are now partly dependent on US buyers – as the Chinese domain investors want to sell, but need a buyer’s market.

According to Dale, a domain chip expert we consult often, over the next 2 months one will break out, and the other will lose.

Unless, of course, there is a war in the South China sea, in which case, everyone loses.

We keep track of transactions of short domains, between 1 to 4 characters in length, for the .COM, .CN and .NET TLDs.

Today’s domain list spans April 8 – April 14.

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