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  1. #1
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    Has the world gone mad? CreditCards.gs in auction with a bid for $55k at sedo

    https://sedo.com/auction/detail/cred....gs/56933_us__

    Either this is a fake bidder or the bidder really doesn't understand domaining and has way too much cash on their hands.
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  2. #2
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    lol

  3. #3
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    What does .gs stand for?

  4. #4
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    Unbelievable.

    If this sale goes through someone got incredibly lucky.

    Or end users are no longer considering the tld, lol

  5. #5
    CrossLogix.com
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    Quote Originally Posted by MAllie View Post
    What does .gs stand for?
    South Georgia and the South Sandwich Islands.
    According to wikipedia.org, population was about 20(?) in 2006

    Possibly fake bidding trying to establish fake value to use for future sale.

    But, again, there were some weird things happened before.

  6. #6
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    Thanks, Copper.

  7. #7
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    Hard to believe this one is legit. Shill bid ?
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  8. #8
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    either a fake bid, or an inexperienced domainer with too much money!

  9. #9
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    it's as fake as dolly parton's tits
    i also see more value in dolly's tits than this domain LOL

  10. #10
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    Quote Originally Posted by PRED View Post
    it's as fake as dolly parton's tits
    i also see more value in dolly's tits than this domain LOL
    haha must be fake

  11. #11
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    Fake or a mad person.
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  12. #12
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    I'm guessing it was ???
    creditcards.gs | Bidding History
    This auction has been cancelled by sedo. If you are interested in making an offer on this domain, please clickhere
    Auction cancelled: Jun/19/09 04:16 PM EST
    Note:My posted Sales Prices are valid for 3 Days only
    Most my domains listed for sale are available at sedo.com

  13. #13
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    fake bids are common in every auction house, i'll be amazed, if there are none at any one of them!!
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  14. #14
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    What if bids over $25k were required to have a 10% deposit put at the auction house? You would see far fewer fake bids. like, none
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  15. #15
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    Quote Originally Posted by ksinclair View Post
    What if bids over $25k were required to have a 10% deposit put at the auction house? You would see far fewer fake bids. like, none
    actually $1k or $10k would sound just right
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  16. #16
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    Do you want more restrictions as a buyer ? At least the 1K will bear interest in my bank account.
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  17. #17
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    Quote Originally Posted by sdsinc View Post
    Do you want more restrictions as a buyer ? At least the 1K will bear interest in my bank account.

    We dont want restrictions on buyers, we want restrictions on scammers.

    The auction house could pay interest on deposited money, why not.

    The deposit would presumably not be required from someone who had already established a relationship; if you are a customer of the auction house, in good standing, then a deposit would not be as needed; maybe the ceiling could be much higher.

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  18. #18
    þórr mjǫlnir
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    Quote Originally Posted by copper View Post
    South Georgia and the South Sandwich Islands.
    According to wikipedia.org, population was about 20(?) in 2006
    20 people have their own ccTLD? Wow!

    Maybe someone has a really good plan?
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  19. #19
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    I don't think it is worth of that high amount, I suspect some internal trading over this auction

  20. #20
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    money laundering ftw...

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