Comments on: Mystery Domain Auction Shuts Down http://domainnamewire.com/2009/01/05/mystery-domain-auction-shuts-down/ News and Views for the Domain Name Industry Fri, 19 Mar 2010 15:03:29 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Tan Tran http://domainnamewire.com/2009/01/05/mystery-domain-auction-shuts-down/comment-page-1/#comment-310931 Tan Tran Thu, 08 Jan 2009 11:01:17 +0000 http://domainnamewire.com/?p=3821#comment-310931 John, Great way of thinking out of the box. Although it didn't work out for you this time, I'm confident that you learned alot from the experience and will come back strong on new ideas. I have to agree with Andrew that the execution of the plan was marvelous and top notch work. There could have been a little more done on the planning side though. I wasn't a fan of the concept, but I still think that something like or a hybrid of it would still be doable. Tan John,

Great way of thinking out of the box.

Although it didn’t work out for you this time, I’m confident that you learned alot from the experience and will come back strong on new ideas.

I have to agree with Andrew that the execution of the plan was marvelous and top notch work. There could have been a little more done on the planning side though.

I wasn’t a fan of the concept, but I still think that something like or a hybrid of it would still be doable.

Tan

]]> By: Paul http://domainnamewire.com/2009/01/05/mystery-domain-auction-shuts-down/comment-page-1/#comment-309495 Paul Mon, 05 Jan 2009 21:12:05 +0000 http://domainnamewire.com/?p=3821#comment-309495 Buying a link for $2.49, or $150 is a bargain if the traffic is right. Was anyone interested in the "prize"? I wasn't. The part I couldn't get my head around is how it would end. Maybe a "draw" from all of the paid bidders would be fairer, or would that be gambling? Lots of respect for trying something interesting, and having the courage to back down. Buying a link for $2.49, or $150 is a bargain if the traffic is right. Was anyone interested in the “prize”? I wasn’t. The part I couldn’t get my head around is how it would end. Maybe a “draw” from all of the paid bidders would be fairer, or would that be gambling? Lots of respect for trying something interesting, and having the courage to back down.

]]> By: Andrew http://domainnamewire.com/2009/01/05/mystery-domain-auction-shuts-down/comment-page-1/#comment-309449 Andrew Mon, 05 Jan 2009 20:01:52 +0000 http://domainnamewire.com/?p=3821#comment-309449 Troy - I don't think it was fine print. It was pretty obvious how it worked. You wouldn't have bid on day 2 of a 100 day auction if you didn't realize you were just buying a link. Troy – I don’t think it was fine print. It was pretty obvious how it worked. You wouldn’t have bid on day 2 of a 100 day auction if you didn’t realize you were just buying a link.

]]> By: Troy http://domainnamewire.com/2009/01/05/mystery-domain-auction-shuts-down/comment-page-1/#comment-309406 Troy Mon, 05 Jan 2009 18:01:28 +0000 http://domainnamewire.com/?p=3821#comment-309406 I am upset that in the above post and all of the comments the authors fail to mention one major aspect... The whole business idea was fundementality dishonest. John was preying on people that thought $3.19 was worth bidding on a name that was worth $10,000 but many of these bidders were not informed enough to realize that their bid was nothing more then simply giving John $3.19. If the internet was full of knowledgeable and intelligent people then anything would go, John could, in good form, try any legal method possible to create wealth. However, unfortunatly the internet is full of people that don't always "read the fine print" and Johns idea catered most to them. I am not arguing legality of whether it was good for the Domain industry. I am simply saying that what John did was dishonest and it preyed on those not informed enough to see the forest for the trees. I know that many of you will feel that it was "just entertainment", nothing more but John did not advertise it in that matter. The foundation of his advertising was to promote the idea that you could actually win the domain. He treated people badly and I think he needs to recognize that publicly. Troy I am upset that in the above post and all of the comments the authors fail to mention one major aspect…

The whole business idea was fundementality dishonest.

John was preying on people that thought $3.19 was worth bidding on a name that was worth $10,000 but many of these bidders were not informed enough to realize that their bid was nothing more then simply giving John $3.19.

If the internet was full of knowledgeable and intelligent people then anything would go, John could, in good form, try any legal method possible to create wealth. However, unfortunatly the internet is full of people that don’t always “read the fine print” and Johns idea catered most to them.

I am not arguing legality of whether it was good for the Domain industry. I am simply saying that what John did was dishonest and it preyed on those not informed enough to see the forest for the trees.

I know that many of you will feel that it was “just entertainment”, nothing more but John did not advertise it in that matter. The foundation of his advertising was to promote the idea that you could actually win the domain.

He treated people badly and I think he needs to recognize that publicly.

Troy

]]> By: 2w http://domainnamewire.com/2009/01/05/mystery-domain-auction-shuts-down/comment-page-1/#comment-309395 2w Mon, 05 Jan 2009 17:37:11 +0000 http://domainnamewire.com/?p=3821#comment-309395 >> And the technical problem >> — processing bids toward the end of the auction >> — would have been a big hurdle. techniccal problem ? ? sorry , Andrew , according that term 3 :: http://www.mysterydomainauction.com/buy.php >>>> Every time a new bid is purchased >>>> the bid amount is incremented by $0.01, >>>> But, because >>>> controlling time and space is beyond my capabilities, >>>> if by coincidence >>>> two or more people bid >>>> at the same time for the same bid amount, >>>> the bids will be sorted based on bid time, >>>> down to the millisecond, >>>> with the latest bid declared higher . >>>> This criteria will also be used >>>> to determine the winner >>>> of this all-pay auction in said scenario. >>>> If at the end of the auction >>>> two or more bids are highest with the same amount, >>>> the bid that arrived last >>>> will be pronounced highest ! it's been made very clear , so , still any techniccal problem ? ? sorry i do not get it cheers , 2w >> And the technical problem
>> — processing bids toward the end of the auction
>> — would have been a big hurdle.

techniccal problem ?
?

sorry , Andrew ,
according that term 3
::
http://www.mysterydomainauction.com/buy.php
>>>> Every time a new bid is purchased
>>>> the bid amount is incremented by $0.01,
>>>> But, because
>>>> controlling time and space is beyond my capabilities,
>>>> if by coincidence
>>>> two or more people bid
>>>> at the same time for the same bid amount,
>>>> the bids will be sorted based on bid time,
>>>> down to the millisecond,
>>>> with the latest bid declared higher .
>>>> This criteria will also be used
>>>> to determine the winner
>>>> of this all-pay auction in said scenario.
>>>> If at the end of the auction
>>>> two or more bids are highest with the same amount,
>>>> the bid that arrived last
>>>> will be pronounced highest !

it’s been made very clear ,

so ,
still any techniccal problem ?
?

sorry i do not get it

cheers , 2w

]]> By: JFM http://domainnamewire.com/2009/01/05/mystery-domain-auction-shuts-down/comment-page-1/#comment-309389 JFM Mon, 05 Jan 2009 17:18:20 +0000 http://domainnamewire.com/?p=3821#comment-309389 I want to thank John for having been an honest domainer: everybody got refunded. Rgarding Rob's remarks: please, read the answer that I just posted in the other thread on the auction: http://domainnamewire.com/2009/01/02/mystery-domain-auction-isnt-about-domain-names/ I want to thank John for having been an honest domainer: everybody got refunded.

Rgarding Rob’s remarks: please, read the answer that I just posted in the other thread on the auction:
http://domainnamewire.com/2009/01/02/mystery-domain-auction-isnt-about-domain-names/

]]> By: John Motson http://domainnamewire.com/2009/01/05/mystery-domain-auction-shuts-down/comment-page-1/#comment-309385 John Motson Mon, 05 Jan 2009 17:08:23 +0000 http://domainnamewire.com/?p=3821#comment-309385 Patrick, as the owner of any product you are allowed to give discounts, freebies or charge money for your products. Godaddy runs promotions for .com domain names where sometimes they let you buy them for $0.99. Even on normal days you can either pay the full $9.99 or use a coupon to get them for $7.45... Are they cheating any customers by running promotions like these? In my opinion they are not. It's called capitalism. Godaddy is just an example - there are 1000s of companies doing the same thing out there, running promotions or giving products of value away for free. Patrick, as the owner of any product you are allowed to give discounts, freebies or charge money for your products.

Godaddy runs promotions for .com domain names where sometimes they let you buy them for $0.99. Even on normal days you can either pay the full $9.99 or use a coupon to get them for $7.45… Are they cheating any customers by running promotions like these? In my opinion they are not. It’s called capitalism.

Godaddy is just an example – there are 1000s of companies doing the same thing out there, running promotions or giving products of value away for free.

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