I hope domainers are at least moderately interested in economics (they should be, in my opinion) and that they’ll like the one-minute animations I’ll be publishing on YouTube from now on as an experiment. I’ve uploaded the first two today to see what happens and based on the feedback I’ll be receiving, will decide what to do next.
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On Thursday, I’ve reported that the LLLL.net buyout has been completed and today, it seems the NNNNNN.com buyout has been finalized as well.
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The Chinese have always loved gold but at this point, gold as an asset class isn’t what it used to be for Chinese investors who want to move out of the country.

And make no mistake, this is the main driver of the short domain phenomenon: the fact that people from China want to protect themselves by moving at least some of their wealth abroad.
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A special thanks to Dan for giving me the information earlier today that only ~5k or so LLLL dot nets were left. Since I chatted with him about this, the remaining 5k domains have also been registered, so we can conclude that the LLLL dot net buyout has been finalized.
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As someone who has lived in Europe his entire life, I’m in a reasonably good position to notice that quite frankly, the fact that Europe is currently doing awful from an economic standpoint shouldn’t surprise anyone.

Yesterday, I’ve written about the fact that most of my business dealings with individuals and companies from Germany have been frustrating and a reader pointed out that it may very well be a phenomenon which affects Europe as a whole, not just Germany.
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… do keep in mind that I said most, not all.

While there are indeed exceptions and I for one know at least a couple of genuinely awesome German domainers, most of my domain deals with people/companies from Germany have been frustrating to say the least.
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It’s nothing short of amazing how fast LLLLs sell: had 30 last week and approximately 2 hours after sending the newsletter, they were all sold. Not a single LLLL left. Nothing. Nada.
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My upcoming book will have those who make money online in one way or another (domainers, developers, Internet marketers, freelancers and so on) as its target audience.

Now when it comes to the domaining industry, the book will receive more than enough exposure.
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