Sunday Auction 8-10-03

[JuniperPark]

I think you guys a both missing a big point with the large Namewinner bids... since they use proxy bidding, the number you are seeing is the SECOND largest bid, from a SECOND bidder! Many of the top bids on the high bid names are DOUBLE what you saw.

How do I know this? Because I've followed the pattern. Look at almost any high bid name on Namewinner (say $500 or more) that was catch by Pool. Go to Pool, look at the auction list (after the 3 days are up), and click the "see all bids" link. The winning bid is usually similar to the Namewinner bid, but Pool shows you the winner's PROXY bid as well. As I said, must of these names you see going for $500 actually had proxy bids of $1000 or more.

My point? #1) TWO people wanted the name I posted badly, not just one and #2) The actual top bids are higher than most people think. Therefore, I have no shame in posting a starting bid of $350 on this name... that's a $150 mark-down!

- Dale

[beatz]

Yadayadayada....

What's goin on with the live auction really is no rocket science.

It's that simple:

- 99% are junk names.
- 99% of the junk names are overpriced.
- Junk names don't sell.
- Overpriced junk names sell even less.
- Everybody is waiting for that premium name for $1
- Won't happen.

So to sum it up:

- Junk names
- Cheapskates

Bad combination.

Simple as that.Period.

[Honan]

Originally posted by beatz
Yadayadayada....

What's goin on with the live auction really is no rocket science.
....................
It's that simple:
.............
edit
- 99% are junk domains.
- 99% of the junk domains are overpriced.
- Junk domains sell.

www.junkdomains.com