Any of you guys been following this latest Domain Name sales and registration boom thats been pushing prices up and mostly emanating from China. I reported some weeks back about some big ticket Domain sales that had been boosting the market:
https://gfy.com/fucking-around-and-pr...hlight=roaring
However, very recently the Chinese have been buying up MASSIVE amounts of Domain Names through hand registrations and Domain Name purchases. More dot com Domain Names were registered in the last month than for the entire three quarters preceding it. It has got to the point where VeriSign has been warning about it:
Verisign warns about Chinese .com boom | DomainIncite - Domain Name Industry News, Analysis & Opinion
Here's it is discussed by some Domain Name experts (including the one and only Frank Schilling) in this Video at Domain Sherpa:
Chinese Numeric and Acronym Boom or Bubble?
Domain Names (primarily in main stream) offer a great risk reward and are a key digital asset you should consider holding in some small way. Quote from Domain Sherpa story and video page:
"Three, four and five number numerics (like 98569.com recently sold for $5,079) have increased in price so quickly that now eight numbers (like 33772211.com recently sold for $380) are now being registered. Even five letters are selling for hundreds (like hyhhh.com recently sold for $686)."