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Re: Looking for good $5k Russian name
Update on my quest for a $5k Russian name.
I have received many PM's - thanks to the members here for those.
But I have not bought anything, nor am I in the process of buying anything from these PM's.
why?
I know what $5k can buy me in Japanese, we've seen it many times, but Russia is not Japan!!
Although the majority of people believe that Russian domains will be big, you cannot compare it to Japanese names.
In my opinion, the price of a domain name is dictated by the number of people that are trading in that space, and the number of people that want that domain.
This is certainly the case in Japan, we know most generics have gone now, and we have seen a high level of trading on the names.
We haven't seen this in Russia yet, there haven't been any big sales, and there hasn't been a lot of activity.
For this reason, I believe that a Russian name is not of equal value to a Japanese equivalent.
But the majority of PM's I was sent, indicated people expect the same value as a Japanese name, this is not the case in my opinion - not yet.
Don't get me wrong, there were some good names in some of the PM's sent to me, but I was expecting to get a super-premium for my money, after all we haven't seen anything big sell in Russia yet.
This is why I won't be progressing any of these any further.
Thanks again for your PM's. all will be deleted, and they will remain confidential of course.
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