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How does this work?

• joelrunyon 9y ago
  There's a limited quantity of some types of domains (2 & 3 letter domains). They typically have a "trading floor" where they can switch hands between investors for a minimum amount - so they're referred to as "Liquid." Not always the case, and sometimes the floor drops - but it was a good market for quite a while - especially for chinese investors that wanted to diversify their holdings.