2016 is flying by and we are getting closer to expiration dates on many different type of ChiPs (Chinese Premium) names that were bought out last year. Many of these being longer numerics and 3-5 L/N/C domains in com net and org as well as many new extensions. My guess is we’ll see massive drops as buyouts won’t hold but the biggest question is what is in store for the most liquid ChiPs like LLL, LLLL, 4N and 5N .com/.net?
Excluding 3 letter .coms, I think the best indicator on how ChiPs are doing overall is to look at the LLLL .coms which have dipped to average trading price around $1100 – $1500 with a few falling just short of the $2k mark. Source That’s a big decline compared to when they were trading at their peak a few months ago for $2500-$3000. The LLLL .com ChiPs seem to have stopped their descent at the $1k+ mark and I think that’s a good sign.
So, with tons of renewals looming and potential massive drops in the lower end ChiP market (5L .com, 6N – 8N .com, 3-5 letter/number/character names in .xyz, .top, .club, .online, .etc) How do you think the liquid ChiP market will fair in 2016?
How will liquid ChiP domains finish out 2016?
- Start to gradually increase almost back to 2015 Q4 figures (30%, 14 Votes)
- Continue to drop but still have more value than similar non-ChiP domains (22%, 10 Votes)
- Hold steady (22%, 10 Votes)
- Sink like the Titanic (20%, 9 Votes)
- Skyrocket! (7%, 3 Votes)
Total Voters: 46