NameSilo

Bidding on your own names at NameJet...?

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

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  1. Arca

    Arca Active Member VIP

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    They also claimed that they suspended the shill bidders from their platform.
     
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  2. Grilled

    Grilled Be the change you want to see in the world VIP

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    They gave a pretty vague statement. They stated they suspended the related accounts. Which related accounts would that be? The seller account is believed to be Oliver Hogers. The domains were believed to have belonged to @andyboothsi . Confusion came when people noticed @andyboothsi and @BoothDomains were bidding on domains where the WHOIS had a Booth last name. Adding to the confusion is the fact @Oliver Hoger had bid on some of those domains, and he is believed to be the owner of the featured auction account selling the domains. So I ask, which accounts were suspended? Did they address HKDN? Were they reinstated? Was anybody issued new bidding alias? Do/did they have multiple bidding alias? Is that still allowed? Has anybody noticed any of the Booth's bidding or selling on NameJet? How long is this suspension? Does a suspension mean both from buying and selling?

    upload_2017-12-15_4-22-21.png

    Another thing to note, is they stated that the next bid win practice would be suspended until further notice. Thus, I assume [hope] that means, if they intend to reinstate the practice then they will at least honor their shill bidding press release and give prior notice.

    upload_2017-12-15_4-28-42.png
     
    Last edited: Dec 15, 2017
  3. Arca

    Arca Active Member VIP

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    Good one.

    They obviously don't care about their reputation and the integrity of their platform anymore at this point.
     
  4. DomainGist

    DomainGist Active Member VIP

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    WTF
     
  5. Grilled

    Grilled Be the change you want to see in the world VIP

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    DomainNameWire.com just published an article HERE titled, "Short seller targets Tucows with scathing report". The DNW article doesn't mention NameJet, but if you search the report linked from Copperfield_Research HERE, you can find an exert [screenshot below] that mentions NameJet, and concerns of shill bidding.

    upload_2018-1-8_11-42-2.png

    Copperfield Research Twitter HERE, recently sent out a series of $TCX tweets.

    upload_2018-1-8_11-55-1.png
     

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    Last edited: Jan 8, 2018
  6. offthehandle

    offthehandle . Gold Account VIP

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    Now 8 months later, its been radio silence since nobody posted who actually was banned.
     
  7. imglobal

    imglobal Upgraded Member Gold Account

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    Who was supposed to be banned? You are right. They are being silent about this. This also remind me to put in a claim to NJ.
     
    Last edited: Apr 6, 2018
  8. offthehandle

    offthehandle . Gold Account VIP

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    Hope you don’t have a hassle getting it. It would be nice to find out exactly, I suspect who but do not know for sure.
     
  9. imglobal

    imglobal Upgraded Member Gold Account

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    The community did good. At least it put the shameless shill bidders into a shameful mode. Enough for us to put them on notice and they ran with tails between the legs. Probably very tiny short tails too to match their small feet and toes.

    Those people (particular narrowed down to 3 guys), that we all know off, have already gone down in history in the Ultimate Hall Of Shame. I hope the guilt will finally catch up with them one day, to the point they have take meds for depression. As of now, I am not sure they really understood that it was plain wrong of what they done. By their way of dumb arguments, they probably think everybody else is as idiotic as them.

    I don't know what they are inhaling, but must not be pure oxygen. Say no to drugs.

    my 2 cents.
     
    Last edited: Apr 6, 2018
  10. toughdomains

    toughdomains Upgraded Member Gold Account VIP

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    I find it hard to beleive that only 3 guys are shill bidding on namejet with thousands of bids a day. still doesnt address why
    - they promote some sellers over others on their banners ( when you ask to buy banner ads they say not available) I understand they want to promote big sellers but why isnt the opportunity to promote a free market?
    - why do they allow honor post auction bids. we have been approached after an auction multiple times with requests to purchase names...if someone wants the name why dont they bid in auction? if you accept post auction you are training bidders to not bid highest and best
    - why do they offer different commissions for different sellers? some people pay 15% others pay less

    why are there so much different treatment for so many sellers and buyers?
     
  11. tonyk2000

    tonyk2000 Active Member VIP ★★★★★★★★★★

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    As per T&C, they are not an auction house. Anything they do should, therefore, be considered as perfectly legitimate....
     
    Last edited: Apr 6, 2018
  12. offthehandle

    offthehandle . Gold Account VIP

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    Good points. It’s self evident in what you post. I still believe there is much more going on behind the scenes. They never responded to this thread either, but I am glad it keeps going. If you recall they were upset at archived evidence being re-presented so they stopped making it available beyond a few days after auction closing. I don’t doubt why.
     
  13. JB Lions

    JB Lions Lounge Gear Connoisseur VIP

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    That's with a lot of businesses. People that perform usually get better deals. People would always complain in affiliate marketing, why does this affiliate get a better payout. If one affiliate drives 5 sales to a merchant a month, when another drives 10,000, they have some negotiating power. Maybe the merchant just rewards them because of performance. Some have tiers built into their terms. 5% standard rate. 8% for sales over $5,000 a month etc. Maybe the affiliate that drives 10,000 sales a month, simply asked for a better deal.

    Back to this:

    "they promote some sellers over others on their banners"

    It could be simply those sellers just sell more domains. Performance.
     
  14. toughdomains

    toughdomains Upgraded Member Gold Account VIP

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    Never implied anything they do is not legitimate...just mentioned points from my own experience....I sell names on NJ through a broker and have no plans to partner with them so Im free to discuss details....I think fairness is a strong value in the namepros community so Im happy to see members speaking up about the details they encountered as well.
     
  15. offthehandle

    offthehandle . Gold Account VIP

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  16. Arca

    Arca Active Member VIP

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    Does anyone know what happened to HKDN? I have not seen HKDN bid in any short name auctions at all for a long time. This bidder handle used to be extremely active, and mainly bid on Oliver Hodger’s names/auctions.

    As per Michael’s calculations HKDN pushed up bids more than $800,000 for other bidders in Oliver’s public auctions.

    If this was a legitimate bidder, why did such an extremely active bidder disappear subsequent to this thread?

    Was HKDN was one of the unnamed shill bidders banned by NameJet?
     
  17. imglobal

    imglobal Upgraded Member Gold Account

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    I believe HKDN was Oliver Hodgers. Now he's a dogger and probably sneaking behind other new usernames. Sadly, NameJet is still not strict on these things like tracking IP and such. Why? Because all they care is about more money in their pocket. Morality goes out the door. To these guys, they only speak dollars. Anything else you try to tell them will be reflected with glassy eyeballs.

    At least I know one thing. If I ever ended up in hell, I wouldn't worry too much because it will be a very long line ahead of me. These guys will beat me to it by a long long way. Their greed and devious sins are mountainous.
     
    Last edited: Apr 26, 2018
  18. offthehandle

    offthehandle . Gold Account VIP

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    You are a frequent customer right? Have you noticed new bot bidders? Who was banned back last July? Or is it the same? I sure see the greater fool theory in all the auction venues to be quite honest, some high end names claimed sold, then magically reappearing, that and names switching to other wholesale buyers for publicity. I think there is a cabal of high net worth investors who don’t want publicity and are never mentioned who are partners in offshore bearer share corps, and brokers who want the publicity making the ra-ra noise and getting published to create the phony demand liquidity. Sure a few sales are legit, usually to end users only. I just have seen continually irregular things going on to conclude that certain blogs and promoters are doing illogical things to create a market where one really doesn’t exist.
     
  19. imglobal

    imglobal Upgraded Member Gold Account

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    Yes, a frequent customer. I bid on many auction sites with pre-bids. I didn't realize there are bot bidders but I believe you are correct. The market is not strong now but we keep seeing these up bids. Makes me wonder. I will start tracking everything that we bid on and see where the lost one goes. Appreciate your input.
     
  20. joro001

    joro001 Upgraded Member Gold Account VIP

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    There is a massive bidder who i don't recall seeing him till relatively recently and the bidder handle is testingaccount. The guy bids like crazy on anything half decent, is this a legit buyer?
     
  21. Arca

    Arca Active Member VIP

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    If HKDN was banned due to being a shill bidder, the implication of that is that NJ and OH profited an additional $860,000 as a direct result of shill bidding activity carried out by HKDN.
     
  22. imglobal

    imglobal Upgraded Member Gold Account

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    I believe the statue of limitation is 1 year for civil matters. Can we post all the questionable transactions here? Not just for hkdn but for the other two guys as well.

    These guys are not going to learn unless they get hit with a class action. The minimum party required is 6 to file. If we can prove they profited that much, then I am sure there are quite a few attorneys out there that is willing to take the case on contingency.

    On the side note, I still laughs about the comment made by NJ CEO. He said "Oh, I asked the seller and he said he didn't shill bids. I believe him so it's okay". What a perfect punch line for stand up comedy.
     
    Last edited: Apr 27, 2018
  23. offthehandle

    offthehandle . Gold Account VIP

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    This thread shouldnt die. Keep it active please post any data. @Grilled I am sure will be interested too.
     
  24. Arca

    Arca Active Member VIP

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    Bidder alias "testingaccount" belongs to Frank Schilling. Legit buyer. Not sure why he's using "testingaccount" in addition to "taryn".
     
  25. Arca

    Arca Active Member VIP

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    Domain: EDMK.com
    Owner on 26 March 2017: Oliver Hoger
    dsfdsfs.png

    Sold on NameJet on 19 March 2018 for $270. Won by "tomasz111":
    sdfsdfsdf.png dsfsdfsdf.png

    WHOIS record on 10 May 2018: Oliver Hoger
    sdfsfsdf.png

    ---------------------------------------------------------------

    Domain: NPDU.com
    Owner on 10 March 2017: Oliver Hoger
    sdfsdfsd.png

    Sold on NameJet for $220 on 20 March 2018. Won by "oiuyea"
    sdfdsfsdfdsfsdf.png sdfsdfsdf.png

    Domain is transferred to Hilde Ryen after the auction:
    werwerwerwe.png

    On 2 April 2018, the domain is transferred back to Oliver. WHOIS record on 10 May 2018: Oliver Hoger
    sdfdsfsdf.png
     

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