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	<title>Comments on: Bido Drops &#8220;Guarantees&#8221; In Domain Auctions</title>
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	<link>http://domainnamewire.com/2008/07/03/bido-drops-guarantees-in-domain-auctions/</link>
	<description>News and Views for the Domain Name Industry</description>
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		<title>By: Domain Name Wire &#187; News &#187; Lessons from Bido - The Domain Industry's News Source</title>
		<link>http://domainnamewire.com/2008/07/03/bido-drops-guarantees-in-domain-auctions/comment-page-1/#comment-617543</link>
		<dc:creator>Domain Name Wire &#187; News &#187; Lessons from Bido - The Domain Industry's News Source</dc:creator>
		<pubDate>Thu, 06 May 2010 15:59:13 +0000</pubDate>
		<guid isPermaLink="false">http://domainnamewire.com/2008/07/03/bido-drops-guarantees-in-domain-auctions/#comment-617543</guid>
		<description>[...] Let me take you back to June 2008. Bido launched and offered a simple premise: 1 auction a day starting at $1 with no reserve. Technically there was some sort of reserve because Bido guaranteed a certain price to the seller and was able to place a bid. Just a few weeks later Bido dropped this &#8220;guarantee&#8221; price. [...]</description>
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<p>[...] Let me take you back to June 2008. Bido launched and offered a simple premise: 1 auction a day starting at $1 with no reserve. Technically there was some sort of reserve because Bido guaranteed a certain price to the seller and was able to place a bid. Just a few weeks later Bido dropped this &#8220;guarantee&#8221; price. [...]</p>
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		<title>By: Andrew</title>
		<link>http://domainnamewire.com/2008/07/03/bido-drops-guarantees-in-domain-auctions/comment-page-1/#comment-190389</link>
		<dc:creator>Andrew</dc:creator>
		<pubDate>Tue, 08 Jul 2008 01:13:49 +0000</pubDate>
		<guid isPermaLink="false">http://domainnamewire.com/2008/07/03/bido-drops-guarantees-in-domain-auctions/#comment-190389</guid>
		<description>I think CanadianCoins.com will pay off nicely for the buyer, if nothing else because CanadianCoin.com is a developed site with modest traffic.</description>
		<content:encoded><![CDATA[<p>I think CanadianCoins.com will pay off nicely for the buyer, if nothing else because CanadianCoin.com is a developed site with modest traffic.</p>
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		<title>By: Too Many Secrets</title>
		<link>http://domainnamewire.com/2008/07/03/bido-drops-guarantees-in-domain-auctions/comment-page-1/#comment-190373</link>
		<dc:creator>Too Many Secrets</dc:creator>
		<pubDate>Mon, 07 Jul 2008 23:57:49 +0000</pubDate>
		<guid isPermaLink="false">http://domainnamewire.com/2008/07/03/bido-drops-guarantees-in-domain-auctions/#comment-190373</guid>
		<description>Andrew, don&#039;t you agree that canadiancoins.com sold for a great price as well?

- Richard</description>
		<content:encoded><![CDATA[<p>Andrew, don&#8217;t you agree that canadiancoins.com sold for a great price as well?</p>
<p>- Richard</p>
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		<title>By: Frank</title>
		<link>http://domainnamewire.com/2008/07/03/bido-drops-guarantees-in-domain-auctions/comment-page-1/#comment-190008</link>
		<dc:creator>Frank</dc:creator>
		<pubDate>Mon, 07 Jul 2008 03:20:46 +0000</pubDate>
		<guid isPermaLink="false">http://domainnamewire.com/2008/07/03/bido-drops-guarantees-in-domain-auctions/#comment-190008</guid>
		<description>I usually swing by Bido to read the &quot;experts&quot; comments. It&#039;s amusing to read how they extrapolate 5 figure prices for silly domain names. For a even bigger laugh, I wait till the name hits auction and it ends up bidding 3 figures.

Bido domains going for a &quot;steal&quot;. LOL, if you say so.

These guys should be writing for Jay Leno, they&#039;ll make a mint.</description>
		<content:encoded><![CDATA[<p>I usually swing by Bido to read the &#8220;experts&#8221; comments. It&#8217;s amusing to read how they extrapolate 5 figure prices for silly domain names. For a even bigger laugh, I wait till the name hits auction and it ends up bidding 3 figures.</p>
<p>Bido domains going for a &#8220;steal&#8221;. LOL, if you say so.</p>
<p>These guys should be writing for Jay Leno, they&#8217;ll make a mint.</p>
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		<title>By: Jamie Parks</title>
		<link>http://domainnamewire.com/2008/07/03/bido-drops-guarantees-in-domain-auctions/comment-page-1/#comment-189104</link>
		<dc:creator>Jamie Parks</dc:creator>
		<pubDate>Fri, 04 Jul 2008 04:44:51 +0000</pubDate>
		<guid isPermaLink="false">http://domainnamewire.com/2008/07/03/bido-drops-guarantees-in-domain-auctions/#comment-189104</guid>
		<description>&quot;you can’t do anything that would “compete” with Compete.com&quot;

Clever point :)</description>
		<content:encoded><![CDATA[<p>&#8220;you can’t do anything that would “compete” with Compete.com&#8221;</p>
<p>Clever point <img src='http://domainnamewire.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>By: Andrew</title>
		<link>http://domainnamewire.com/2008/07/03/bido-drops-guarantees-in-domain-auctions/comment-page-1/#comment-189074</link>
		<dc:creator>Andrew</dc:creator>
		<pubDate>Fri, 04 Jul 2008 01:01:40 +0000</pubDate>
		<guid isPermaLink="false">http://domainnamewire.com/2008/07/03/bido-drops-guarantees-in-domain-auctions/#comment-189074</guid>
		<description>@ Jamie - DiscountImages.com certainly could have sold for more.  If I were developing a site there are plenty of good alternatives for anywhere from $500-$2k, but I agree this was a good one.

As for Compete.net, that one is a tough call.  I recently *tried* to do an analysis of .net prices compared to .com and it was difficult -- it was all across the board.  Compete.net is somewhat &quot;tainted&quot; given you can&#039;t do anything that would &quot;compete&quot; with Compete.com and it&#039;s not an obvious ecommerce site.  I&#039;ve scored a couple .net&#039;s I&#039;m proud of including Newlyweds.net (the .com version sold for over $100k).</description>
		<content:encoded><![CDATA[<p>@ Jamie &#8211; DiscountImages.com certainly could have sold for more.  If I were developing a site there are plenty of good alternatives for anywhere from $500-$2k, but I agree this was a good one.</p>
<p>As for Compete.net, that one is a tough call.  I recently *tried* to do an analysis of .net prices compared to .com and it was difficult &#8212; it was all across the board.  Compete.net is somewhat &#8220;tainted&#8221; given you can&#8217;t do anything that would &#8220;compete&#8221; with Compete.com and it&#8217;s not an obvious ecommerce site.  I&#8217;ve scored a couple .net&#8217;s I&#8217;m proud of including Newlyweds.net (the .com version sold for over $100k).</p>
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		<title>By: Jamie Parks</title>
		<link>http://domainnamewire.com/2008/07/03/bido-drops-guarantees-in-domain-auctions/comment-page-1/#comment-189051</link>
		<dc:creator>Jamie Parks</dc:creator>
		<pubDate>Thu, 03 Jul 2008 22:43:48 +0000</pubDate>
		<guid isPermaLink="false">http://domainnamewire.com/2008/07/03/bido-drops-guarantees-in-domain-auctions/#comment-189051</guid>
		<description>@Andrew 

I&#039;m not trying to argue with you, but I do enjoy the debate.

You know just as well as I do that many domain buyers are not buying domains to resell them but now see domain development as a very real small business opportunity.

6/18/08 discountimages.com $911.00

He knows that he got a great deal. And as best that I can tell, he&#039;s planning to develop it.

http://tinyurl.com/6gqz7p

Also, looks like COMPETE.NET sold for $2,073.00 - That was another GREAT buy. Whether it be to flip it to an end user, to develop it into a site, or simply acquired to help grow the value of one&#039;s domain portfolio. 

We buy domains for all sorts of reason.</description>
		<content:encoded><![CDATA[<p>@Andrew </p>
<p>I&#8217;m not trying to argue with you, but I do enjoy the debate.</p>
<p>You know just as well as I do that many domain buyers are not buying domains to resell them but now see domain development as a very real small business opportunity.</p>
<p>6/18/08 discountimages.com $911.00</p>
<p>He knows that he got a great deal. And as best that I can tell, he&#8217;s planning to develop it.</p>
<p><a href="http://tinyurl.com/6gqz7p" rel="nofollow">http://tinyurl.com/6gqz7p</a></p>
<p>Also, looks like COMPETE.NET sold for $2,073.00 &#8211; That was another GREAT buy. Whether it be to flip it to an end user, to develop it into a site, or simply acquired to help grow the value of one&#8217;s domain portfolio. </p>
<p>We buy domains for all sorts of reason.</p>
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