$17k is to much, unless your going to develop it and have the doorship tool to distribute hdmi cables.
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I dropped out at $6,000, which I thought was a lot.
I think this is one of those names the big guys recommend people to buy - one great name you can develop. The term gets xxx,xxx exact searches per month with a high CPC.
Though is it really worth $17,000???
Congrats to Bob Parsons...
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$17k is to much, unless your going to develop it and have the doorship tool to distribute hdmi cables.
This name would have been great at the time when HDMI cables used to cost nearly $100 for 1 meter (and that is too small for most consumers). Today, you can pick one up for around $25 and I foresee in the near future as 1080p increases in homes, an HDMI cable will cost that of A/V composite cables now: $5.99.
Good name, bad timing for the purchase IMO.
Ok glad to hear I was wise to drop out. I think there was some auction fever going on here. There were five bidders who all placed multiple bids over the $5k mark and three who went at it over $10k. People just did not want to let it get away.
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I was the winner of the auction at $17,005.
HOWEVER, GoDaddy notified me that the original owner of the domain renewed the registration TODAY, so the auction is nullified!!!
I am really annoyed by GoDaddy's irresponsibility in auctioning off a domain that isn't 100% CLEARED to be sold
What IS a real problem is that ICANN allows registrars to sell their customers expired domains at all! If this had gone through, the original owner would have gotten ZILCH even though they brought it to Go Daddy and probably renewed it a few times. As to being '100% cleared for sale' the domain would have to go to the pending delete phase for that to be the case. That is what should happen for all domains, good or not, if they aren't renewed. That was the case before about 2004 until ICANN changed this under pressure from the registrars. Some registrars using Name Jet (especially) and Snap Names list domains for sale before they even expire! You can have a working website and have those carnivores listing your name as a 'pending auction' with date and all. Bob Parsons was owed nothing on this and in all deference to the bidders here I am delighted that he didn't get the money this time. Jerks all.
One exception - I noticed here that Fabulous.com is listing their expired domains with Name Jet BUT is splitting any auction proceeds with the owner that let it expire there. There may actually be one honorable registrar!
Last edited by radioz; 02-06-2010 at 03:17 AM.
Domain Names: Names2Buy.com
Websites: VintageRadio.com | 73.biz
That is standard for all drop auctions and it stated clearly in the terms and conditions.
---------- Post added at 08:31 AM ---------- Previous post was at 08:29 AM ----------
Ya I love this policy. I am purposely letting some stuff drop now that I know will sell for xxx+ at NameJet but wont sell for that on the forums.One exception - I noticed here that Fabulous.com is listing their expired domains with Name Jet BUT is splitting any auction proceeds with the owner that let it expire there. There may actually be one honorable registrar!
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Hey; for one, I'm sorry you lost the auction.
I however am glad that you did.
Take that 17K and put it into a more successful market then what will be once coaxial cable.
the thing about these kinds of is names is that you need to be quick to flip before the technology changes too much. ie: hddvd domains.
Yeah, I sold dvdhd.com years ago for a few hundred. Value today near zilch (if it ever had any).the thing about these kinds of is names is that you need to be quick to flip before the technology changes too much. ie: hddvd domains.
BTW - Have either of you who bid thought of the novel iodea of asking the owner if he would sell it? I have redeemed domains at Go Daddy that got bids. Even though you'd sell for less, you usually never hear from anyone. The guy who owns it might just love to get a grand for it! There is some real chance that he never saw the auction and just noticed things at the last minute. I'd at least ask. The worse case is no although part of me says that loosing this auction was lucky and that's from someone with an electronic background. 'AudioCables' or 'VideoCables' will be here forever in some form. HDMI may be 'so yesterday' in 3 years.
Domain Names: Names2Buy.com
Websites: VintageRadio.com | 73.biz
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