namewinner.com

Status
Not open for further replies.

MarkMitford

Platinum Member
Registered User
Rating - 0%
0   0   0
#7
Our SQL server has been misbehaving over the weekend. We are working hard to get it more stable.

With regards to cancelling bids:

We are going to be enhancing the systems so that bids expire if the domain is renewed or grabbed elsewhere.

We cannot give people the ability to remove their own bids before a domain drops because this encourages fraud e.g.

I create two accounts MarkA and MarkB, MarkA bids $25 on hotdomain.com with a max proxy bid of $100K, MarkB then bids $26 with a max proxy of $99K. The price is then $99K and no-one else bids as they only think hotdomain.com is worth $10K. A few minutes before I think the domain is going to drop I log in as MarkB and cancel my bid. End result, if namewinner grabs the domain I (as MarkA) gets a $10K domain for $25.

Mark......
 

PrimeDNR

Gold Member
Registered User
Rating - 0%
0   0   0
Aug 12, 2002
129
0
Hong Kong
www.PrimeDNR.com
#8
Originally posted by MarkMitford
Our SQL server has been misbehaving over the weekend. We are working hard to get it more stable.

With regards to cancelling bids:

We are going to be enhancing the systems so that bids expire if the domain is renewed or grabbed elsewhere.

We cannot give people the ability to remove their own bids before a domain drops because this encourages fraud e.g.

I create two accounts MarkA and MarkB, MarkA bids $25 on hotdomain.com with a max proxy bid of $100K, MarkB then bids $26 with a max proxy of $99K. The price is then $99K and no-one else bids as they only think hotdomain.com is worth $10K. A few minutes before I think the domain is going to drop I log in as MarkB and cancel my bid. End result, if namewinner grabs the domain I (as MarkA) gets a $10K domain for $25.

Mark......

Dear Mark

I agreed with you on some occassion.

What happen if the domain owner renew the domain after I place the bid say for 1 year. At the time I bid, I don't know that the domain will be extend for 1 more year. But it may continued to extend for years until it finally dropped. Say I am the highest bidder, I may change my mind after the owner has renew his domain or someone has grabbed the domain, right.

Say if I change my mind and namewinner grab the domain say a few days later because the time frame is short, I shall paid for it (i.e. I shall not be allowed to cancelled the bid) The protect namewinner but for a time frame of 6 months to 12 months I think it is a bit too long. For an uncertain time, it should be cancelled. As I bidder, the bid shall ended if the products is not available.

You seldom seem the bid to be effective at some day later, right.

Regards

-PD-
 

TurNIC.com

Platinum Member
Registered User
Rating - 100%
1   0   0
Sep 3, 2002
932
0
Türkiye
#9
Well,

Here is a clear explanation for it since I do not understand the sentences like "I bidder" or "you seldom seem the bid". British should have given better grammar to HK.

Do not play "peeing contest" (trademark to SafeA$$ the British)game on namewinner since if it could grab the domain you want you need to pay the maximum bid. Set yourself a top bid limit for a name. Do not race on prices. Do not add crap to your watchlist since crap could be grabbed easily and you have to pay $25 for a crap.

This is for Mike A and Mike B: 1) Can you create more than one account for same credit card or same person (real name)? Why namewinner is so lousy and can not grab anything valuable recently? (you can send the answer with a PM to me)

Sero
 
Status
Not open for further replies.