Chinese are back !

[Anthony Ng]

Unless it's "doctored" (well, that's another story, for another thread perhaps), any sale price IS market value.

To deconstruct it a bit, those deep-pocketed domain investors from China (or anywhere else) may have pushed the prices higher; but then they are part of this global market, so we'll just have to live with that FACT. And sorry to say, CAPITALISM is all about how deep your pocket is, no?

 

[britishbulldog]

There are quite a few big domainers in china with really deep pockets. I don't think they are overpaying, they might simply see a different value in certain domains.

True i cannot see the value in a lot of domains sold on dnjournal infact crazy money and no doubt most feel the same way i.e "arearugs.com" $400K but hey thats how i make my money from chinese or whoever buy them cheap and sell them expensive and if they wanna get into a bidding war with me then i drive the price up as they are willing to pay it,so be it.

I love selling to the chinese,but hate getting into a bidding war with them either way they have deep pockets.

 

[Wot]

Looks like the Chinese have discovered IDN, what was once good pickings in the idn.cn backorder market has now just about disappeared. One or two backorders for fairly good names was the norm now getting 5-6.

Prime terms, if they drop, may as well forget it!