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- Jan 1, 2013
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I am looking at Namejet and following some auctions and not sure I understand what I am seeing so I am looking for help. Here is an example of a listing I was looking at for the domain shoegeek.com
http://www.namejet.com/Pages/Auctions/BackorderDetails.aspx?domainname=shoegeek.com&cat=
High Bid:$121 USD Reserve AuctionClosing Time: <input id="ctl00_ContentPlaceHolder1_hdnEndDate" name="ctl00$ContentPlaceHolder1$hdnEndDate" value="Jan. 1, 2013 8:00 PM" type="hidden">
Type: Pre-Release
Your Last Bid: $0 USD
Bid History: 72 bids
Does this mean that the high bidder now owns the domain for $121?
If so, I am a little puzzled because there were 72 bids or bidders and it started with an opening bid of $59 or $69. If there are so many bidders, why did it go for just $121? When I first looked at the listing, I assumed that the domain would sell for much more based on the number of bidders who signed up. Can you elaborate on this for me, please?
http://www.namejet.com/Pages/Auctions/BackorderDetails.aspx?domainname=shoegeek.com&cat=
High Bid:$121 USD Reserve AuctionClosing Time: <input id="ctl00_ContentPlaceHolder1_hdnEndDate" name="ctl00$ContentPlaceHolder1$hdnEndDate" value="Jan. 1, 2013 8:00 PM" type="hidden">
Type: Pre-Release
Your Last Bid: $0 USD
Bid History: 72 bids
Does this mean that the high bidder now owns the domain for $121?
If so, I am a little puzzled because there were 72 bids or bidders and it started with an opening bid of $59 or $69. If there are so many bidders, why did it go for just $121? When I first looked at the listing, I assumed that the domain would sell for much more based on the number of bidders who signed up. Can you elaborate on this for me, please?