'Domain Lord' - Comments?

[aZooZa]

You can be assured the activities on DomainLore you're refering to haven't involved you in any conspiracy ;-)

strange you forgot, as you had also participated in the thread:
http://www.acorndomains.co.uk/drop-...start-catching-great-co-uk-domains-now-5.html

Well, now you're perhaps getting a little too clever. I *know* what I already posted but in your current phase of evolution, I'd think it only reasonable that you clarify what it is you're offering. I've looked at the new site but can find no mention at all of any 50/50 split, and on what basis that's now being offered.

I did ask politely yet your reply is defensive I think.

 

[retired_member9]

but in your current phase of evolution

Nothing has changed since DomainCatch was introduced and because all the things you've just asked about are on the website and were pretty much chewed over in the discussion where you've also participated, it couldn't not surprise me.

 

[rob]

Who is that chap? That beard looks like a disguise to me!

 

[aZooZa]

Nothing has changed since DomainCatch was introduced and because all the things you've just asked about are on the website and were pretty much chewed over in the discussion where you've also participated, it couldn't not surprise me.

Ahh. Thanks for clearing that up. It's just that I saw no mention of DomainCatch on DomainLore. Perhaps it deserves a mention? Or perhaps you don't want the cross pollination. Anyway, I see what you're doing now, so I have no more questions -- maybe some reservations which I expressed already in the other thread that you reminded me about in which; I might add, I was somewhat singing your praises.

 

[retired_member9]

Who is that chap? That beard looks like a disguise to me!

I still can recognize him, I think! =)

 

[retired_member9]

Ahh. Thanks for clearing that up.

No problem, Dale.

It's just that I saw no mention of DomainCatch on DomainLore. Perhaps it deserves a mention?

Not sure yet. I've ensured that it was made clear for "competing" parties on this forum. Don't know how it would make any difference for everyone else (end users bidding on DomainLore).

 

[Skinner]

My 2p worth is, I wouldnt even get involved in an auction where the tag holder (which isnt allowed now) or utterfly was bidding, because I'd be bidding 1,000 and the other party £500, which I just don't like, as the other party can bid 50% over market value and still only pay market value.

So in that instance, I'm keeping my money in my pocket.

 

[rob]

Who is that chap? That beard looks like a disguise to me!

You know the more I look at him the better he looks

 

[mat]

 

[retired_member9]

I'd be bidding 1,000 and the other party £500, which I just don't like, as the other party can bid 50% over market value and still only pay market value.

It's not that simple. Even for myself.
Yes, I can bid up to £1,500 if I believe the name is worth at least 750, right? And I'll have to pay 750 out of my pocket, instead of simply earning 750 without any hassle, when someone else bids 1,500.
So yeah I can own it for 750, but it costs me 1,500 in fact = 750 I've paid and 750 I didn't earn.

 

[retired_member9]

mat: ........... Lol

 

[aZooZa]

It's not that simple. Even for myself...

Make it bloody simple then.

 

[Skinner]

Vizzy, I can see your side, but still I don't like it.

So I'll just keep my money. Thats not to say I won't buy from your site, but I'm not going to bid against you for that reason

 

[aZooZa]

Vizzy (Denys) -- work us through it and make it simple. REAL simple.

 

[aZooZa]

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[aZooZa]

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[foz]

Adam Dicker of Godaddy auctions came under a lot of heat for vendor participation and he didn't have a 50% stake in the domains he was bidding on either.

Domain Name Wire News Expired Domain Services Let Employees Bid Against Customers - The Domain Industry's News Source

Domain Name Wire News GoDaddy Bans Employees from Bidding on TDNAM - The Domain Industry's News Source

DomainCatch.co.uk inconjunction with Domainlore.co.uk comes across as an attempt by the vendor to have his cake and eat it too.

 

[bluerock]

but it costs me 1,500 in fact = 750 I've paid and 750 I didn't earn.

In that case I lost Millions of pounds last friday on the euro lottery!

 

[retired_member9]

Adam Dicker of Godaddy auctions came under a lot of heat for vendor participation and he didn't have a 50% stake in the domains he was bidding on either.

It doesn't matter if he had stake or not (and he apparently had - you just don't know it), the crucial difference is that GoDaddy is earning 100% of the domain name price. And so employees bids might increase price to the advantage of GoDaddy. That would be unethical.

As Petros C commented there:

I see nothing wrong with an employee bidding against other bidders as long as he uses no inside info that will give him an unfair advantage over others.

And the price inflation accusations are ridiculous IMO. If no unfair advantage is used then he is no different than other bidders and you can’t accuse a bidder of inflating auction prices if he is bidding to win. That’s the whole concept of an auction.

Contrary to GoDaddy, DomainLore auctions are run by sellers and seller earns 100% of the final closing price. The fact that for some auctions, seller then pays part of the achieved price to the service provider who caught this domain for him is a normal business agreement.

Now, if this service provider bids in such auctions, and bids *not to inflate price* but to win the domain, as per comment above, I see no problems for other bidders.

I outline it again, that the service provider can easily hide under different nicknames to inflate prices. But he has chosen not to do so and keeps his actions straight and open.

 

[retired_member9]

In that case I lost Millions of pounds last friday on the euro lottery!

Nope. You might have had 1/6,000,000 chance to win it. It was not 100% guaranteed to you as in the situation I was describing.