For Sale Why are people so dumb?

[Jernet]

Well another pool story....
messaging.com is up to $11,611.00 with 2 days to go. There are 25 bids already.

Someone plese tell me, why in the world do these people drive it up so quickly? To me this makes absolutely no sense. Especially since they added that extra bid increment stuff at the end of the auctions. These things could literally never end.

I guess us smaller players need to find another way to go, if we ever want to see such a generic term in our accounts!

How nice would it be if SnapNames.com could actually catch some of these names?!

 

[jane118]

i think pool has bots that raise the price..

 

[Jernet]

Almost has to be. Even the people at Ebay are smart enough to wait until the last few minutes, unless of course, someone is shilling.

i think pool has bots that raise the price..

 

[clemzonguy]

unless of course, someone is shilling.

Doesn't really matter as long as they have a valid bidder when it's all over with.

 

[hanogl]

This does make sense for the larger players. If you really want the name and don't want to get involved in some frenzy bidding around the deadline, then you simply enter your max bid now. And if more people think that way you'll see a high price quite early.

 

[shaw]

many people live in different time zones and pool bidding time is not convenient for them, so they enter their bids early

 

[iBizStart]

What happens if the high bid on pool is fake? Is it sold to the previous bidder?

If so, someone could do this:
Create 3 pool accounts.
With account #1, bid $100
With account #2, bid $99,000 (fake account)
With account #3, bid $100,000 (fake account)

Does that mean this way someone could win the domain for $100?

 

[Peace]

How can you say that??? If someone else has placed a bid for $150, then he/she will get the name. This trick won't work, since you would't know in advance what other ppl are willing to pay for the domain.

 

[dvdrip]

WOW! byalik is right!
If you do this in the first minutes of the auction then noone can enter a bid or proxy bid unless they bid over 99000.
Shit!
Isn't this right?

 

[iBizStart]

You can see how much people bid with their usernames as well. This will work but im not gonna try it, mostly because I dont know what pool does with a name that gets fake bids. They can just auction it off on afternic if they wanted to

 

[mole]

The real point is, domain acquisition today requires you to use money and buying power as the only means in which you can get good names.

Forget about doing homework or research or spotting potentially good drops way ahead of everyone else and locking down a Snap on it before anyone does and paying just $60 for it.

Bring on the WLS! People like to think that the so-called big players will grab all 26 million .COM names on the first second and leave nothing for the small players. I think this is probably the biggest baloney and urban legend these defeatist minded domainers
have created.

Let the WLS roll! Then we'll see if SnapNames/Verisign has created the greatest the biggest fiasco the world has ever known by allowing such lop-sided redistribution, or have put in the necessary controls to prevent unfair hoarding from people like BFD to push .COM/.NET namespace into the 6 foot grave of buy-this-domain.

I hope SnapNames has configured a round-robin system in place for launch if many registrars do participate to dilute/decapitate the financial sting of those who want anything and everything.

But wait, no registrar supported SnapNames/Verisign despite the open hand that was extended out, did they?

Instead, what Snaps/Verisign got with WLS was spit on the face and threatening legal lawsuits to bring them down.

IMO, http://www.nextregistrationrights.com should be given the first shot at WLS. They deserve it. The other registrar communist back-stabbing scums can go eat dirt, imho.

 

[draqon]

this trick is called bid shielding, and its as old as the hills. ebay had a big problem with that in the early days.

WOW! byalik is right!
If you do this in the first minutes of the auction then noone can enter a bid or proxy bid unless they bid over 99000.
Shit!
Isn't this right?

 

[Peace]

I don't this this would work...You don't think Pool would be monitoring for these kinda of "unusual' bids? I am sure before the auction ends you would get an email or a call from pool to register your credit card details.
Also, this is from their FAQ...

Is there a limit on bid amounts?
Pool.com is currently establishing a policy for high bids.

 

[dvdrip]

draqon on ebay if you are the seller you don't have to sell to the next highest bidder.
Pool may want to get rid of the domain.

marketscript maybe now they are monitoring. What was going on in the past?

Also you don't have to be so obvious. If you think a domain costs 100 bid 2 times that with the false accounts. Well anyway, this is just crazy!

BRING ON WLS!!!

 

[draqon]

on ebay, what people would do is bid $10 for an item worth $50. Then using a fake username they would bid $500 for that same $50 item. And then seconds before the auction finished, they would delete that $500 bid. Thus winning the auction for $10.

 

[.com.net.org]

Well another pool story....
messaging.com is up to $11,611.00 with 2 days to go. There are 25 bids already.

Someone plese tell me, why in the world do these people drive it up so quickly? To me this makes absolutely no sense. Especially since they added that extra bid increment stuff at the end of the auctions. These things could literally never end.

I guess us smaller players need to find another way to go, if we ever want to see such a generic term in our accounts!

How nice would it be if SnapNames.com could actually catch some of these names?!

It must be Proxy Bid.

 

[Nexus]

Someone plese tell me, why in the world do these people drive it up so quickly? To me this makes absolutely no sense.

"Marking" one's territory? Sending a message to those that may seek to dabble in the bidding, that this is playing on a higher level (so "shoo"?)

You can't wait until the last second anyway to snipe anyway, so there's prob. not much to lose. Bidding high at the beginning seems like an excellent deterent for people who have no idea who the other bidder... perhaps someone who might double or triple the figure if provoked? May as well give up early.

You see "high jumps" happen all the time in auctions that play out in the movies. $210,000, do I hear $220... $210,000 going once... "$500,000". (The crowd gasps...) The bid is not challenged, and someone quickly runs out of the room to get on the phone and extend some credit...

~ Nexus