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

[incka]

https://sedo.com/auction/detail/creditcards.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.

 

[DomainScoop.Com]

lol

 

[MAllie]

What does .gs stand for?

 

[mediawizard]

Unbelievable.

If this sale goes through someone got incredibly lucky.

Or end users are no longer considering the tld, lol

 

[copper]

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.

 

[MAllie]

Thanks, Copper.

 

[katherine]

Hard to believe this one is legit. Shill bid ?

 

[Jilo]

either a fake bid, or an inexperienced domainer with too much money!

 

[PRED]

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

 

[Jilo]

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

:rofl:haha must be fake

 

[james2002]

Fake or a mad person.

 

[James]

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

 

[Soofi]

fake bids are common in every auction house, i'll be amazed, if there are none at any one of them!!

 

[ksinclair]

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

 

[Soofi]

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

 

[katherine]

Do you want more restrictions as a buyer ? At least the 1K will bear interest in my bank account.

 

[ksinclair]

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.

Kevin

 

[draggar]

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?

 

[nash2925]

I don't think it is worth of that high amount, I suspect some internal trading over this auction

 

[Mike Cruz]

money laundering ftw...