Godaddy has sold a bunch of three letter domain names including two .com’s most to XiaoFeng Lin of China in the past two days.
The other buyers appear to be from China as well:
qcc.com
fcd.com
521.net
5437.com
bcf.net
bmn.net
bpx.net
bqg.net
cxh.net
dyj.net
fjs.net
fzf.net
fzh.net
gky.net
jzq.net
klr.net
ksp.net
kyp.net
ljs.net
lxb.net
mjl.net
nlj.net
pfg.net
qcc.com
qwx.net
vvn.org
wpq.net
wsm.net
xdx.net
ybh.net
yfz.net
yrr.net
chinese gone mad dont know what they do with random junk domains.
Junk to you but money for them.
Seems like you are pis s off because they have the money and you don’t
I agree that most chips are total junk and have artificial value. Be careful if you are investing in chips.
@sunny,
3-letter acronyms in .COM / .NET have never been junk. Long before the internet was invented, organizations were using abbreviations as brand names. For instance, PBS, CNN, or the BBC. As a result, these short domains have had market value and been actively traded for a long time.
The letters used to abbreviate Chinese Pinyin are often comparatively rare in Western languages: Q, X, etc. Since people in China don’t really use our Latin alphabet for long-form communication and haven’t shown much appateite for IDN domains in their native script, it makes perfect sense that they’d use our letters sparingly – 3 foreign letters to remember is significantly easier than spelling out 3 words in full Pinyin, which might result in 10-15 letters. Also, China’s branding aesthetics heavily favor brevity.
I agree that Chinese domainers have bought millions of junk domains – and for no better reason than gambling on future price increases. But China also buys premium non-junk.
Keep in mind, the value of a domain for branding is a completely separate question from whether a particular asset’s market value will go up or down tomorrow. Even if LLL.com domains were to decline in price, they would never be junk – neither as brand names nor as sellable commodities.
VVN.org so much for the “v” thing with China. We sold 990v.com to China a while back after a well know blogger ( not MB ) told us it had no value because of the V.
John,
Not sure if that was me but it has less value, not no value
LOL No Shane it wasn’t you. I should add that you’re always great about replying to emails and it’s appreciated by your readers.
That’s William from dotmedia.
QCC.com had been acquired by BrokerageFirm. They seem to have sold to Godaddy in the April’s deal. So we are seeing the domain moving from spec to spec. given that prices have come down since last year how much did GoDaddy got for the domains?…
Another ‘chinese deal’ – I know why I invest in .top
I still don’t get it haha
Good At least someone bought these domains. I doubt many western or european domain investor would have bought them. They might be small letter ones but don’t look catchy at all, IMHO.