status-duplicate 278 Hours after last bid!

[MapleDots]

Seriously!

Will NEVER participate in an auction like that, a waste of time to check back over such an extended period of time.

 

[equity78]

Namepros can at anytime implement a rule that there is a max on the amount of hours after a last bid.

3L.info are nothing special 10 reported sales in the last year:
105.info 101 USD 2018-01-14 NameJet
558.info 111 USD 2017-12-31 NameJet
233.info 111 USD 2017-08-29 NameJet
282.info 131 USD 2017-08-16 NameJet
345.info 300 USD 2017-07-21 NameJet
893.info 102 USD 2017-07-19 GoDaddy
395.info 155 USD 2017-05-25 GoDaddy
278.info 149 USD 2017-04-21 NameJet
739.info 109 USD 2017-04-20 NameJet
561.info 159 USD 2017-04-17 NameJet

GoDaddy and Sedo limit you to 7 days, I can't say "Hey it's my name so why can't I run it for three weeks" Because it's their platform.

 

[johnn]

It was a typo - It supposed to be 872 Hours not 278 Hours.

 

[loredan]

It's funny how the guy with 300 hours after the last bid demands payment within 24 hours if someone wins his auction. How about you wait 300 hours for me to make the payment if I would wait 300 hours to see if anyone adds a dollar to the auction?

 

[Keith]

96 hours is better. imo

The correct way would be to implement a timed system and at the end of x days the thread is locked and the high bidder wins.

So an auction runs for 7 days as an example and after 7 days expires the thread is closed and high bid wins.

 

[johnn]

People are confusing between how long the auction is and the hours after the last bid.
It's ok to have a 7 days auction but 900 hours after the last bid is ridiculous. Meaning when there is a bid you have to wait for 900 hours.
I am old and don't know when I will die so I never make a bid to that kind of auction.

 

[Bravo Mod Team]

It might have sounded a little better as "11 days" or "12 days" rather than hundreds of hours.

 

[Bravo Mod Team]

@domainventure made an excellent point.

At this moment 2 out of 3 promoted auctions are held by 1 member and he set a 240-hour-after-last-bid. Meaning his domains could easily be promoted for a month if he receives regular bids.

That wouldn't happen, because each time Promoted Auctions are selected, all previous auctions are removed unless the seller submitted it again to the thread and the auction was selected a second time (rare).

However, it does help to have a longer auction duration for Promoted Auctions (at least 4 days is optimal), because then the auction can appear in Promoted Auctions until the next batch is selected, which leads to more free exposure.

 

[imadoer]

Might as well said 365 days from now

 

[MapleDots]

i agree. maybe he has other considerations and the domain is valuable so he expects lots of place bids at auction

Yup... if that's what you think

Anyone serious about domaining would find the whole thing a complete waste of time and unless I really wanted a particular domain I would surely ignore his auctions. Even in this case I did not even get past the first post of the auction, I considered it a complete waste of my time and clicked away.

 

[d-e-x]

This one is better

 

[Keith]

There should be a rule that caps this at 48 hours. That’s more than enough time to bump and beg for more bids.

 

[Haris]

There should be a rule that caps this at 48 hours. That’s more than enough time to bump and beg for more bids.

96 hours is better. imo

 

[equity78]

Here is the point people are missing, it's the after last bid, if you want to run a month long auction cool, the auction ends 30 days after it starts.

With this method you can wait 277 hours 59 minutes to bid just $1 more and start the clock over again.

Years ago there was an auction I was in, it was a much better name than this name, there was another bidder going back and forth with me, he was waiting til the last minute to bid $1 more, and start the clock over, I posted to the thread starter this auction will never end, because I will just now wait to bid just $1 more and this will play out for months. My point was I started out bidding $10 or more trying to get the auction going and either get a buy it now set or see another bidder show there interest by bidding more than $1 every 4 days.

It was worth it on this auction because I sold the name for $2,500 on Sedo months later.

Even with 48 hours on a popular name the bid can go on for weeks if there is a lot of interest in the name.

 

[domainventure]

.

 

[JanO]

Very annoying indeed. Even more annoying if the auction is also chosen in the 'promote your domain auction' on the main page. At this moment 2 out of 3 promoted auctions are held by 1 member and he set a 240-hour-after-last-bid. Meaning his domains could easily be promoted for a month if he receives regular bids. I've seen a thread recently where staff said there wouldn't be a change of rules "because some NP members only log in 1 or 2 times a month and those who hold auctions must be able to also bring their auction to this members' attention"

 

[JanO]

that wouldn't happen, because each time Promoted Auctions are selected, all previous auctions are removed.

Ah, I didn't know that. Thanks for clarifying.

 

[LUP]

Might as well said 365 days from now

good idea, i will do that

 

[DOMAIN ILLUMINATI]

And wwwhere is the problem???
It's his domain, his decision - and, don't forget - finallyyy also his own patience.

Also, the domain is 16 years old - so what are a fewww days...
Many auctions at eBay often have a similar time.

The longer the auction time, the more attention it gets which means better chances for a higher sale.

 

[LUP]

Where is the problem???
It's his domain, his decision - and, don't forget - finallyyy also his own patience.

i agree. maybe he has other considerations and the domain is valuable so he expects lots of place bids at auction

 

[70ym]

And wwwhere is the problem???
It's his domain, his decision - and, don't forget - finallyyy also his own patience.

Also, the domain is 16 years old - so what are a fewww days...
Many auctions at eBay often have a similar time.

The longer the auction time, the more attention it gets which means better chances for a higher sale.

At least I will not enter an action that has a looooooooong action time even it has a cheap price.

 

[MapleDots]

@Support Team could you please add a poll to this topic.

1. I would participate in a 278 hour after last bid auction.

2. Are you kidding me, I would ignore it.

3. I would participate only if it was an exemplary domain.

 

[DOMAIN ILLUMINATI]

No, there shouldn't be such a rule.

The fact, that (t)his / these domains got attention just because of that long auction - time should especiallyyy considered by those who are criticising it.

Obviously a long auction time provokes attention.

 

[EmpireNames.com]

Think you quoted the wrong person.

yes by mistake sorry

 

[DOMAIN ILLUMINATI]

Here is the point people are missing, it's the after last bid, if you want to run a month long auction cool, the auction ends 30 days after it starts.

With this method you can wait 277 hours 59 minutes to bid just $1 more and start the clock over again.

Years ago there was an auction I was in, it was a much better name than this name, there was another bidder going back and forth with me, he was waiting til the last minute to bid $1 more, and start the clock over, I posted to the thread starter this auction will never end, because I will just now wait to bid just $1 more and this will play out for months. My point was I started out bidding $10 or more trying to get the auction going and either get a buy it now set or see another bidder show there interest by bidding more than $1 every 4 days.

It was worth it on this auction because I sold the name for $2,500 on Sedo months later.

Even with 48 hours on a popular name the bid can go on for weeks if there is a lot of interest in the name.

I completely understand this point, this is clearly the core of the criticism.
Of course it can be annoying to participate in such "flexible" auctions which have an "open end".
But no one forces you to participate.

Congrats at this point to your sale, isn't it a "sign" that just such an auction leaded you to success?

If it is the owner's will to chose a low increment, he will chose it in the awareness that he too has to wait with every new bid (so its his own "problem" too, he knows why he decided so).
It's his domain and therefore his decision and no one can enter it - it is actually complete absurd to think this is something which should be changed.
I just can accept his decision how he auctions it or I can leave it.
So however he styles his auction, we can assume the he knows whyyy