Doesn't mean they won't get a nice $XXX offer either. LLLL.com's are on the rise, no doubt about that.
actually 6k. i just can't wait to see some renewals! i would love to pay 1,000 x $8 to renew all my 'Q' 4 letter domains.... it's all just speculators passing them around, just because there are some 4 letter sales (to end users... the ones that make non type in traffic domains viable?), they arent what you regged in the last rush to clear em all out. There is no real business model or logic to all, it's pure speculation at it's best.
yeah? Give them to me, I pay $20 for ANY LLLL.com. Snapnames has contacted Reece of http://4letternoob.wordpress.com to ask LLLL.com wholesale prices and few days later they do this.....they are simply noticing the demand and adjusting prices. They may have gone a bit too high. Check this : http://www.italiandragon.com/?p=49
I wouldn't sell the 3 letter names I own for under 4 figures. Mind you, I didn't buy them yesterday because they were simply 4 letters. Even if I could buy 1000 of them at $8 and then flip them in a year for $20, the amount of money I could have made elsewhere exceeds that, so economically speaking, I lost money. Why would I invest in domains that get no traffic, only have speculation value, speculation really only works out if there is end-user demand generated. There are few enough 3 letter .com names and lots of companies with 3 letter acronyms that end user demand can drive prices somewhat. People make 5, 6 figure end user sales, many of them get type in traffic. What happens with 4 letters is there are 26 times more of them, and at least some percent fewer 4 letter acronyms. Lower demand, more supply, low ROI at PPC (if they were ppc viable they were taken, let's be honest). What makes these such a good investment? Scarcity? Let's take a basic lesson in economics, there is supply (scarcity) AND demand (people buying). So unless someone is going to go out and convince madison ave they need qzjx.com and all it's ugly brothers and sisters, it's a house of cards, a poor investment. The incestuous selling amongst speculators isn't really adding value, it's just increasing the amount of speculation and risk, but where are the returns? Now, im not saying 4 letter names are doomed, there are some good ones out there. Your nice pronouncable stuff has some brandable value, the traffic names (good acronyms, words, etc) will maintain value regardless of the 4 letter market. But this is the same as the 3 letter market in that respect. Car, Dog, Cat, Dad, Mom, etc .com are a whole different ballgame than qyz.com. qyz really has only token value and chance of end user sales on low end 3 letter names is almost none. So that being said, keep buying those 4 letter names, if they were such a smart and obvious investment I would assume you'd see all the big players jumping right in with you. right?
Yeah just take a look at the last sales report thread and take a look here too http://www.danlew.com/4-letter-domains/2007/12/30/
Most people are waiting/hoping on big business to come to them for their 3 or 4 letter .com as its an acronym for their company or stock name. Holding thousands of LLLL is not for just anyone, you need cashflow and lots of it to hold on to that sort of stock for many years.
My understanding with snapnames is if you don't pre-order the LLLL.com and it goes to auction, you have to pay $500 to participate in it. If you pre-order before it starts, it's still $79.
IMO it only raises the prices of 4-letter WORD domains. Like anything, people see the prices rising on something and they must buy it now "before they miss out". Emotional thinking, not logical thinking.
Agreed, but I don't see this emotional thinking ending anytime soon. I mean, what makes xkq.com worth 6 figures? The same thing that's going to make LLLL.com's worth high 3 figures IMHO.
it's not worth 6 figures, hell not even 5. if you didnt notice even at latest big auction (domainfest) low end 3 letters didn't even sell really. This is what we call bubblethink.... and everyone knows what happens to bubbles right?
Haha, yes... some might call it bubblethink. But I believe I heard the same term used to describe the dot com industry some time ago?
as a newbie to llll's and domaining in general (dabbled 2 years, only getting 'into it' in the last 1 year, i have REALLY been shocked and swayed by the llll trend. prices are rising. period. there is an eager buyer even for the 'worst' of names (which already receives lots of discussion about letters being hot/not hot in different languages and combinations. and big point that was already stated, they ARE a finite resource. get em while you can! sp