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  #1 (permalink)  
Old 30th September 2008, 03:08 AM
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So the people on 66.cn etc are running crazy........

Who let these guys loose with a credit card??? Some of the names being acquired are pathetic.... :P
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Old 30th September 2008, 03:12 AM
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Re: So the people on 66.cn etc are running crazy........

Quote:
Originally Posted by IDNCowboy View Post
Who let these guys loose with a credit card??? Some of the names being acquired are pathetic.... :P
Or we just don't quite understand the nuances of the language. :p
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Old 30th September 2008, 03:14 AM
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Re: So the people on 66.cn etc are running crazy........

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Originally Posted by bwhhisc View Post
Or we just don't quite understand the nuances of the language. :p
Well perhaps its time for the people that started idning in 2005 to give up... We spent years gathering the generics and all they want in China is soapsuds.cn wealth.cn etc ;-(
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Old 30th September 2008, 04:40 AM
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Re: So the people on 66.cn etc are running crazy........

Early days.

I have been ridiculed over many things, not least my ridiculous insistence that the US economy is going to hell and a change in World order is imminent.

Everything comes to those that wait my friend.

And the waiting is nearly over.

Don't try to follow the herd. The herd will turn.

We can know look forward in hope or fear of China becoming a economic super-power. Lets just hope they do not follow the example of their predecessors by trying to harass and invade countries run by bigoted religious fundamentalists.
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Old 4th October 2008, 07:05 AM
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Re: So the people on 66.cn etc are running crazy........

I'm confused too. I woke up from my Van Winkle summer's sleep and digging through the old news... Any enlightenment?
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Old 4th October 2008, 07:11 AM
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Re: So the people on 66.cn etc are running crazy........

Quote:
Originally Posted by IDNCowboy View Post
Who let these guys loose with a credit card??? Some of the names being acquired are pathetic.... :P

These seem alright to me?

卫浴.cn Bathroom Vanities us$3126

机票.CN - Air Ticket US$7,150

二手车.CN - Second Hand Vehicle -US$5,704

高尔夫.CN - Golf US$5,191

塑料.cn(plastic) 15810 元(CNY) ($2310)

中药.cn(Chinese herbal medicine) 12020 元(CNY) ($1756)

电动车.cn(electric car) 12000 元(CNY) ($1753)

数码相机.cn(digital camera) 10050 元(CNY) ($1468)

麻将.中国(Mahjong) 6510 元(CNY) ($951)

网.CN(net/network) 45021($7034)

租车.CN(Car rental) 20800($3250)

杀毒软件.CN(Kill virus software) 9950($1554)

手表.cn Watch 10200rmb ($1490)

数码.cn digital 15020rmb ($2193)

足球.CN Soccer 30020yuan($4415)

壁纸.CN Wallpaper 7500yuan($1102)

轮胎.CN (Tire) 30500 ($4765)

笔记本电脑.CN (notebook) 14908 ($2330)

物业.CN (Property) 12400 ($1930)

订房.cn(book house) 1875$
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Old 4th October 2008, 08:18 AM
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Re: So the people on 66.cn etc are running crazy........

66.cn is one of the drop catch and auction sites in China, just like snapnames.com.

The recent auctioned dot cns are these first round registerd dot cns when idn.cn was first available (most domains were registerd for five years at that time). Now the very first group of cn investers are masively dropping these domains. I had been predicting that most cn owners will drop their domains upon renewal time, which is what is happening right now. I however have not investigated into the reason why the auction prices are that high.

There are a few drop catch services in China. I am sure that they are happy to see that the sale prices are so high. One thing is for sure that Chinese businessmen are very smart.
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Old 4th October 2008, 08:29 AM
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Re: So the people on 66.cn etc are running crazy........

Quote:
Originally Posted by markits View Post
I however have not investigated into the reason why the auction prices are that high.

One thing is for sure that Chinese businessmen are very smart.

The reason is simple, anyone can participate in the auctions until the last second. There's a lot of "pushing", the trick is to push as high as possible, but yet not end up as the last one - who is paying. lol
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Old 4th October 2008, 08:56 AM
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Re: So the people on 66.cn etc are running crazy........

Quote:
Originally Posted by touchring View Post
The reason is simple, anyone can participate in the auctions until the last second. There's a lot of "pushing", the trick is to push as high as possible, but yet not end up as the last one - who is paying. lol
Frankly, I think the guys that picking these up will think they are getting them dirt cheap.

And what is more they will be right. If I had spare resources I would be right in there among them.
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Old 4th October 2008, 09:06 AM
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Re: So the people on 66.cn etc are running crazy........

Quote:
Originally Posted by Rubber Duck View Post
Frankly, I think the guys that picking these up will think they are getting them dirt cheap.

And what is more they will be right. If I had spare resources I would be right in there among them.

i think so.
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Old 4th October 2008, 09:18 AM
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Re: So the people on 66.cn etc are running crazy........

Quote:
Originally Posted by Rubber Duck View Post
Frankly, I think the guys that picking these up will think they are getting them dirt cheap.

And what is more they will be right. If I had spare resources I would be right in there among them.
Too right!
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Old 4th October 2008, 11:23 AM
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Re: So the people on 66.cn etc are running crazy........

Can non-Chinese residents bid on these?
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Old 4th October 2008, 01:14 PM
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Re: So the people on 66.cn etc are running crazy........

Yes... the only restriction is you must pay in RMB - I think (which via paypal should be possible).
I have not bought anything there yet - but perhaps JamesZ can comment, as he is the clever guy who bought 高尔夫.cn !!!

Cheers - Asiaplay

PS: Cowboy - this one made me smile when I saw it sold:-
"机票.CN" (air ticket) as I must get at least 5 spam e-mails for this a day with filters blazing on my server... so yes... they are some very good purchases and far from junk
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Old 4th October 2008, 02:08 PM
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Re: So the people on 66.cn etc are running crazy........

Quote:
Can non-Chinese residents bid on these?
Non-Chinese can sign up and bid, but the whole website is in Chinese only.

Also you need to deposit money in before bidding (50RMB non-refunable to enter auction), money can only be deposited via Alipay or CNCard. Can't see any option for paypal, i think..

Basically means restricted to Chinese, then.
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Old 4th October 2008, 02:49 PM
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Re: So the people on 66.cn etc are running crazy........

Quote:
Originally Posted by Wot View Post
These seem alright to me?

卫浴.cn Bathroom Vanities us$3126

机票.CN - Air Ticket US$7,150

二手车.CN - Second Hand Vehicle -US$5,704

高尔夫.CN - Golf US$5,191

塑料.cn(plastic) 15810 元(CNY) ($2310)

中药.cn(Chinese herbal medicine) 12020 元(CNY) ($1756)
......
I believe the prices are really cheap. This is a rare opportunity. It may have gone or may not. If you are a believer of .cn/.中国 as me, you cannot let it slip away.

At the beginning, I did not understand why so many names are dropped by end users. Later on, I found out the reason.

Around 2003, a registrar in China started a big IDN.cn marketing campaign by sending salesmen directly to potential end users. Their sales were so successful and many companies registered premium names related to their business for 5 years (2003-2008!).

However, later on those companies realized that they cannot use the name since the browsers do not support IDN. They thought they were cheated. Those companies do not follow what is going on in IDN. They do not want to be cheated again no matter what the registrar tells them to renew the names. For many, they may even have forgot the gold names they registered. So as a result, people saw many dropped premium names from the same registrar!

Quote:
Originally Posted by touchring View Post
The reason is simple, anyone can participate in the auctions until the last second. There's a lot of "pushing", the trick is to push as high as possible, but yet not end up as the last one - who is paying. lol
I believe the prices were pushed "so high" not only by people who want the names. The money is so easy.

But on the other hand, if I can get the names at prices lower than I expected, I am happy to take them and thank the drop catchers for catching the names I reserved.

Quote:
Originally Posted by bwhhisc View Post
Can non-Chinese residents bid on these?
Anyone can bid. I am bidding from US without showing any identifications. When you get a name and want to transfer it to another registrar, you may have to show your ID. I do not think you have to show a proof of being a Chinese. You may want to double check the transfer procedure for foreigners.

Quote:
Originally Posted by Asiaplay View Post
Yes... the only restriction is you must pay in RMB - I think (which via paypal should be possible).
I have not bought anything there yet - but perhaps JamesZ can comment, as he is the clever guy who bought 高尔夫.cn !!!
Thanks, Andrew.
You do have the option of paypal at least from their website. I am not sure whether you must pay in RMB though. You can ask.

Last edited by JamesZ; 4th October 2008 at 02:59 PM..
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Old 4th October 2008, 03:09 PM
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Re: So the people on 66.cn etc are running crazy........

Quote:
Originally Posted by mgrohan View Post
Non-Chinese can sign up and bid, but the whole website is in Chinese only.

Also you need to deposit money in before bidding (50RMB non-refunable to enter auction), money can only be deposited via Alipay or CNCard. Can't see any option for paypal, i think..

Basically means restricted to Chinese, then.
50 RMB unlimited auctions to enter? or 50 rmb per auction to watch
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Old 4th October 2008, 03:22 PM
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Re: So the people on 66.cn etc are running crazy........

Quote:
Originally Posted by IDNCowboy View Post
50 RMB unlimited auctions to enter? or 50 rmb per auction to watch
You can bid 10 times of the money you deposited in your account.
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Old 4th October 2008, 03:28 PM
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Re: So the people on 66.cn etc are running crazy........

Quote:
Originally Posted by JamesZ View Post
You can bid 10 times of the money you deposited in your account.
the 50 rmb will stay in the account so I can "watch" the auctions and can also go towards the bid price?
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Old 4th October 2008, 03:33 PM
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Re: So the people on 66.cn etc are running crazy........

Quote:
Originally Posted by IDNCowboy View Post
the 50 rmb will stay in the account so I can "watch" the auctions and can also go towards the bid price?
Yes. You only pay if you get the name.
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Old 4th October 2008, 03:54 PM
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Re: So the people on 66.cn etc are running crazy........

Bit confused.. It says on 66.cn:
"您没有预定该域名,如要参加竟价,需付款50元。如果您不是最后得标者,此50元是不退还的,您将净损失50元,如果您是最后得标者,此50元将退还。"
You have not scheduled the domain name, to participate in the auction you are required to pay 50 yuan. If you are not the last bidder (winner), the 50 yuan is not refundable, you will have a net loss of 50 yuan, if you are the final bidder, you will be refunded 50 yuan.

Is it possible to schedule auctions longer than the 1-2 days on the site, and not need to pay this entry fee?
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