We have all seen the sales of CHIPs. (Chinese premium names)
While I can see the need for short names like 3/4 & some 5 letter .com's, and some of the number plays, but how long can anyone keep buying names that have no hope of having a end-user need in 8 years or less !
After all, most of the 3L .com's that have changed hands in the last year were not used in 20 years.
So I become confused as to why a 5L .com or any TLD can have a serious value when the letters do not spell a word in any language or represent abbreviations for anything presently known to man.
Since there has to be a end to it sometime, the question comes when will they begin to pay attention to end-user need for a value placement on the name.
Chinese and English do not very often translate simply and accurately with only one/two words and can be a problem and "possibly" the reason for what they are "not buying".
And of course I hope we don't see this as a bubble bursting but as a transition. But when is the question ?
While I can see the need for short names like 3/4 & some 5 letter .com's, and some of the number plays, but how long can anyone keep buying names that have no hope of having a end-user need in 8 years or less !
After all, most of the 3L .com's that have changed hands in the last year were not used in 20 years.
So I become confused as to why a 5L .com or any TLD can have a serious value when the letters do not spell a word in any language or represent abbreviations for anything presently known to man.
Since there has to be a end to it sometime, the question comes when will they begin to pay attention to end-user need for a value placement on the name.
Chinese and English do not very often translate simply and accurately with only one/two words and can be a problem and "possibly" the reason for what they are "not buying".
And of course I hope we don't see this as a bubble bursting but as a transition. But when is the question ?