Earlier today, I noticed a number of bids on DNForum for zvy.com and xz.org.
3 letter .com and 2 letter .org domains are valuable. But, why pay the standard market price for a 3 letter .com like zvy.com when it doesn’t contain one good letter. The underlying value for 3 letter .com domain for a domainer is knowing a possible enduser will have a use for it. Who could possibly use zvy? Checking the different acronym databases, no uses turned up which is unusual.
Furthermore, 2 letter .org domains are rare. And, possibly an organization might have a use for the letter ‘x’. But, who could use xz.org? The Ex Zen Assn?
In the same sales section of DNForum, one could buy a premium 3 letter .com for a few more thousand (dollars) than the cost of zvy.com. Knowing there is an instant market for the domain.
I suspect the possible buyer of zvy.com and xz.org is gambling. Unfortunately, hoping there is a bigger fool down the road.
The seller of the domains purchased the domains recently. They were purchased in the range of $ 2,500. each. And, he plans to flip these low value domains for a quick profit.
Add’l facts – zvy.com sold today. As an educated guess, the domain sold in the range of $ 5,000.+.
What a waste of money. There are so many other great domains available at great prices. Why throw it away on trash?
very true