NameSilo

Bidder with unlimited pockets and ubiquitous or is there any other explanation?

Labeled as question in Domain Buying and Domain Purchases, started by infosec3, Mar 5, 2021

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  1. infosec3

    infosec3 Magazine.gg VIP Gold Account ★★★★★★★★★★

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    I generally place backorders at a specific provider and regardless of the name I backorder, there is another "client" of the same service that has already placed the backorder for the same name. But, that's not all. When I check every single auction of backordered names with the same company, the same user has placed the backorder before anyone else. This user is present on every auction I have checked. I am not talking about backorder auctions active now, but every backorder auction since I started using the service.

    Is this just a regular buyer with deep pockets and faster than everyone else or do you find anything suspicious about it?
     
    Last edited: Mar 5, 2021
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  2. King

    King Investor & Creator VIP Gold Account

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    How are we supposed to answer this if we do not know what registrar?
     
  3. Mister Funsky

    Mister Funsky Top Contributor VIP

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    Sounds like insider trading to me...or at least special/early access by an employee and/or 'friend'.

    I don't want to say publicly or privately who (service) I believe you are talking about but I've noticed something similar happening at one 'provider' in particular. Maybe others have as well.
     
  4. infosec3

    infosec3 Magazine.gg VIP Gold Account ★★★★★★★★★★

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    I have no intention of bashing any registrar at the moment. I am asking about the specific circumstances that happen on the one I use, which may also happen somewhere else. So, for the purpose of discussing the question, I don't think the name of the registrar is relevant now.
     
  5. Lord Antares

    Lord Antares Top Contributor VIP

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    Does this person win auctions? If he does, it's probably not shilling.

    I notice shady stuff with pretty much every auction site but people might consider you a conspiracy theorist if you suggest something. All in all, shilling is never a far fetched possibility IMO.
     
  6. Samer

    Samer Top Contributor VIP

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    With auctions; easiest to get lost in emotion;

    Some credit some sort of algorithm “secret”
    LOL. I think that’s giving them too much credit

    Who knows, man who knows.
     
    Last edited: Mar 5, 2021
  7. domainflipper1000

    domainflipper1000 Established Member

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  8. Hypersot

    Hypersot Top Contributor VIP

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    @infosec3

    you talk of two things:
    1. a bidder
    2. a service
    you don't name either.

    How can we possibly help?

    For example, if that 'provider' you are talking about:
    a. is a niche auction house (ie. for very specific type of domains)
    b. offers special low base bidding for Elite/VIP members (eg. starting at cost $8) or offers tasting similar to Dynadot.
    c. offers API or some other form of automation

    then it makes some sense for that individual to play his chances through bulk catching. Maybe just 1-2 domains sold/monetised might bring back all his losses and more.

    What I'm trying to say is,
    there are lots of possibilities to consider when we know nothing of what you are talking about.

    In my experience though,
    every time (and I mean, *every time*) I thought of some 'magic' or some 'shady' thing went on on any auction, after a while I came to realise that I was missing something. I always missed something that was obvious to me after x months or even after x years.
     
  9. sonatime

    sonatime Top Contributor VIP Gold Account ★★★★★★★★★★

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    Bidder with unlimited pockets? sounds like hugedomains.com :)

     
  10. AEProgram

    AEProgram Top Contributor VIP Blue Account

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    You are obviously talking about SN/ NJ. There are guys that bid on everything good almost automatically. In most cases they never win but they secure their spot.
     
  11. OnlineDomainShop

    OnlineDomainShop Screamers.Com VIP

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    I am sure you are taking about dC , I am also facing same situation , Yesterday i placed 30 discount clubs backorders some of which are non premium names , All catched by standand backorder or partners one , Strange for me... Looks like discount clubs are totally insider game
     
  12. AEProgram

    AEProgram Top Contributor VIP Blue Account

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    full time job of his 10 dollar script
     
  13. LoodeX

    LoodeX Restricted (15-30%) Gold Account

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    If it’s not the Federal Reserve the pockets are limited
     
  14. D Haynes

    D Haynes Top Contributor VIP

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    Have to know the platform to give an accurate answer as they all operate slightly differently. As an example some platforms will take backorders from a single account that represents a whole host of Chinese backorder companies. So potentially that one account represents a large proportion of the Chinese market. Just one possibility.

    I belive I remember hearing that was the case with "First" over at NJ but I could also be remembering that wrong (a lot of blows about the head).
     
    Last edited: Mar 5, 2021
  15. infosec3

    infosec3 Magazine.gg VIP Gold Account ★★★★★★★★★★

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    Hyperbole, of course...
     
  16. Rich

    Rich Top Contributor VIP ★★★★★★★★★★

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    Maybe you're just getting better at picking domains or competition is spammy harsh 🍻
     
  17. Mike Goodman

    Mike Goodman Established Member

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    On the right lines, quite probably. Add to that, if somebody reserves their place but only picks up the ones without competition (first in, nobody else bids) they may be "winning" some good names very cheaply.
     
  18. blogspotter

    blogspotter Top Contributor VIP ★★★★★★★★★★

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    I never ever win a discount BO. It is simply that there are way too many eyes now.
     

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