Steen said:
I would prefer they stay like this or do something that will hurt their business even more. eNom and Snap have been doing well lately, let's hope it continues.
Spot on.
Keep it to tourself! :wink:
While on paper the new format looks like a win, win situation for Pool, I think they forgot one piece of vital info in their equation for the new system,
buyer psychology.
The sealed bid crosses the line of transparency for me. Total bs.
Even names I consider good, I just can't bring myself to placing a sealed bid on them. I guess competing with a domainer up front in an open style auction, is part of determining a domains value for me, in that given instant. The sealed bid does away with the thrill and impulsive nature for some of us domainers.
What they should have done instead, was had a quick fire auction for the domain immediately after the auction, rather than extend what was an already boring 3 day auction. By the time a domain goes to auction under the new system, a lot of the buyer impulsiveness and momentum dies away for a given domain. I for one, have lost interest in the few names I did go after in the new system.
Up until very recently I considered my chances of getting a name vastly improved by requesting it al pool. Not anymore. In the space of 1 week, I have opted not to use Pool. Instead, domains I want are being caught at a rate of 3/5 and even 4/5 by using snap and enom. They are coming on leaps and bounds. Of course, acquiring those names once they are caught is a different matter. :-D
The old Pool system was like a casual bet at the roulette table for me, open to everyone, while the new sealed system followed by the 'challenger' system is for the 'whales' like billionaire baccarat players. Only a dedicated few play at that level. Time will tell.