Bidding on your own names at NameJet...?

Discussion in 'Domain Marketplace Reviews' started by webquest, Jul 18, 2017.

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  1. Grilled

    Grilled ♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋ VIP

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    Last edited: Jul 30, 2017
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  2. dannyddn1

    dannyddn1 Established Member

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  3. offthehandle

    offthehandle Business Member Business Account

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    I think we should just keep looking into this further. Have you found out who the banned bidders were?, and where they are now listing their names? Flippa?

    I checked google and this thread is indexed so it's there, and no issues with censoring imho.

    I posted earlier the fact that there no auction licenses that I could find, and that just seems it would be a good step bringing this into some real world auctioneers or consultants. That would mean some real leadership to this, but the business is so small based on the financials I have seen.
     
  4. Grilled

    Grilled ♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋ VIP

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    I can't answer that as of yet. I'm not able to dedicate much attention to this at this time.

    At first look, here's one domain associated with Oliver, HKDN, NameJet, and now NamePros...

    upload_2017-8-1_10-59-4.png


    upload_2017-8-1_11-5-16.png
    WHOIS History

    24 January 2016: Oliver is the WHOIS owner
    25 June 2016: Oliver is the WHOIS owner.
    18 March 2017: Oliver is the WHOIS owner

    The domain is now for sale (thread created three days ago) on NamePros brokered by @promo

    https://www.namepros.com/threads/ma...eo-com-cafeterias-com-100s-of-others.1032783/

    upload_2017-8-1_11-4-46.png
     
  5. promo

    promo Domain investor and broker VIP ★★★★★★★★★★

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    That is correct. Oceh did not meet reserve on NJ and I am now brokering it here.

    Well done @Grilled
     
  6. Grilled

    Grilled ♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋ VIP

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    Not much of a mystery. You've been open the whole time about brokering some of Olivers domains. Thank you for that.

    Hope the free publicity results in some sales $$$ for you and Oliver (if he still the owner - domain is now under privacy)
     
    Last edited: Aug 1, 2017
  7. promo

    promo Domain investor and broker VIP ★★★★★★★★★★

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    Thanks for the publicity. I guess that was the only point of the post?

    Or did you want to show that HKDN actually sometimes ups his own bid in order to hit a reserve?
     
  8. Grilled

    Grilled ♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋ VIP

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    The point of the post (without putting much time into the search) was to answer the question asked by @offthehandle "Where are they listing now?"

    Since this thread originated from domains sold through Olivers NameJet account, people want to know who was banned. Was Oliver? Was HKDN? And if Oliver or HKDN, where is Oliver or HKDN selling their domains now? As evident in one example, one domain attached to Olivers WHOIS that was bid on by HKDN is now, 2 months later, under privacy and being brokered on NamePros.

    Not insinuating anything. Simply stating, that I don't know if Oliver is selling on NameJet still, but some of his domains appear to be brokered by you on NamePros now.
     
    Last edited: Aug 1, 2017
  9. promo

    promo Domain investor and broker VIP ★★★★★★★★★★

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    So nothing new then?
     
  10. Grilled

    Grilled ♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋ VIP

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    Not unless you have anything to add. Assuming you've been in contact with Oliver if you're still brokering his domains. Some members had requested him to return having asked the same question repeatedly hoping for an answer.
     
    Last edited: Aug 1, 2017
  11. Arca

    Arca Active Member VIP

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    @promo - Is Oliver a NameJet seller?
     
  12. Grilled

    Grilled ♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋ VIP

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    @promo
     
    Last edited: Aug 3, 2017
  13. Grilled

    Grilled ♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋ VIP

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    OnlineDomain.com recently wrote an interesting article about a suspicious auction (emojis.com) on NameJet HERE Apparently the auction winner got carried away in bidding, and contacted bidder #2 ten minutes after the auction ended. Take note of the bidding war at the last 5 minutes.

    upload_2017-8-3_11-12-17.png


    I really appreciate Konstantinos keeping the pressure on by ending the article with the below quote. (The investigation referred to stemmed from this thread)

    The comments seem to show others are looking into the widding bidders history.

    upload_2017-8-3_11-15-58.png
     
    Last edited: Aug 3, 2017
  14. promo

    promo Domain investor and broker VIP ★★★★★★★★★★

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    Huh. Read the thread. I have to come post info readily available in the thread already?

    I think its time you did as you promised and leave the investigating to people that actually do investigations and not just post screenshots without any point to them.

    Go defend SB and his thieving ways. I am done responding to you and your pointless jabs.
     
  15. offthehandle

    offthehandle Business Member Business Account

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    Great @OnlineDomainCom thank you for writing and staying on top of this Konstantinos and writing about this. Thanks to Bruce for posting his experience to exposing this The part that is missing is who is the person exactly who made the call? It's a touchy area I know.

    The Facebook page was not there just now when I tried to check, anyone else read it or can still view it?
     
    Last edited: Aug 3, 2017
  16. Grilled

    Grilled ♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋ VIP

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  17. anantj

    anantj Active Member VIP

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    What exactly is wrong here? Is strawberrycheesecake the owner of the domain? If not, I don't see what's wrong with this auction
     
  18. Grilled

    Grilled ♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋ VIP

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    Did you read the full article? (And comments?)
     
    Last edited: Aug 4, 2017
  19. anantj

    anantj Active Member VIP

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    Yes I did. This is how I read the situation:

    1. Bidder 1 was outbid by Bidder 2 with a high bid of ~26K
    2. Bidder 2 won the auction but had immediate buyer's remorse
    3. So they reached out to Bidder 1 asking if they'd like to buy the domain off bidder 2's hands

    Now, there is 0 evidence of shill bidding that I can see - So far, there is not a shred of proof that Bidder 2 was bidding on behalf of the seller
    Bidder two has to purchase the domain or risk having their account banned so them offering to sell it to bidder 2 is independent of their purchase (which they have to as per NJ policy/rules).

    How is this related to the shill bidding scam at NJ that this thread discusses?
     
  20. Grilled

    Grilled ♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋ VIP

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    The argument is if the buyer becomes a non paying bidder. If strawberrycheesecake is banking on beforethedot paying the winning bid price or more in order to pay for something they overstretched on, this becomes an issue of strawberrycheesecake shouldn't have bid if they couldn't or wouldn't pay the final price. If rightofthedot refuses to pay more than $22,200 (the next highest bid after taryn) to Strawberrycheesecake, then strawberrycheesecake must take an instant $3900 loss. If strawberrycheesecake doesn't pay at all, it could be argued (as mentioned in the comments) that the right to purchase should go to the next highest bid after removing bids from non paying bidder.
     
  21. offthehandle

    offthehandle Business Member Business Account

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    Keep posting @Grilled. In live in person auctions, sometimes they get restarted from scratch, to clarify the situation.
     
    Last edited: Aug 5, 2017
  22. anantj

    anantj Active Member VIP

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    Sure.. That's the current scenario. How is that shill bidding in any form whatsoever? It is purely a unplanned (or perhaps financially ill-advised) bid. You've still not provided any proof for accusing strawberrycheesecake of shill bidding
     
  23. Grilled

    Grilled ♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋ VIP

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    if you have something you want to say just say it. The words you're currently typing aren't making much sense...

    Please show me where I accused strawberrycheesecake of ShillBidding?

    I posted a link about a suspicious auction in that the bidder has an alleged suspect NJ bidding history, an abnormal follow up after winning an auction, AND to further illustrate suspicion, the WHOIS hasn't been updated since January of 2017. Meaning the domain hasn't been transferred to the buyer yet. Nonpaying bids are basically spoof bids.
     
    Last edited: Aug 6, 2017
  24. anantj

    anantj Active Member VIP

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    Uh, I did... Pretty much in correct English phrasing and (I hope) no grammatical errors. Can't help you further than that.

    Isn't that implicit by linking it to this thread?
     
  25. Grilled

    Grilled ♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋♋ VIP

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    NameJet updated their ToS to include Shill Bidding.

    https://onlinedomain.com/2017/08/12...-adds-shill-bidding-policy-updated-terms-use/

    5.4 Shill Bidding Policy. Shill bidding is strictly prohibited on NameJet. Shill bidding is the placing of a bid to artificially drive up the price or apparent value of a domain name. Shill bidding may also include placing a bid with no legitimate intention of winning an auction.

    Shill bidding by anyone, including a seller, his or her friends, family, roommates, employees, acquaintances or online connections, will not be tolerated on NameJet. You may bid on a domain name belonging to someone that you know, provided that your bid is legitimate and that you do not intend to artificially increase the price or apparent value of the domain name. If you are found to violate this policy it may result in account closure, suspension, cancellation of listings, referral to law enforcement, legal action, and/or forfeiture of fees or other funds collected.

    NameJet is committed to providing the best experience for its buyers and sellers and takes possible violations of this shill bidding policy seriously. If you think you see shill bidding taking place on NameJet, please report it to us immediately at report_abuse[at]namejet.com. NameJet will investigate every report received and will take the actions it deems appropriate in its sole and absolute discretion.”
     
    Last edited: Aug 12, 2017 at 7:03 PM

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