Bidding on your own names at NameJet...?

[webquest]

Once in awhile I see people bidding on their own domains at NJ. I would think it would be frowned upon.

Today's seems more obvious than normal. Or am I missing something here?

Airlinejobs.com owned by Andy Booth at Booth.com and high bidder is BQDNcom (James Booth).

3 bids down we see Boothcom as a bidder.

Same thing with MovieZone.com. Owned by Andy Booth in which he currently appears to be the high bidder.

High Bid: $2,475 USD by boothcom

They actually won their own domain airplanesforsale.com. Im guessing it didnt get as high as they wanted so needed to protect it.

Bidder Amount Date
bqdncom $2,001 7/17/2017 12:23 PM
boothcom $1,950 7/17/2017 12:23 PM

 

[Grilled]

Yesterday I discovered that there is a Private Facebook Group for ALL the SHILL BIDDERS of Namejet, this private group has as a administrator jonathan tenenbaum, what a coincidence right??

April Fools?

... if you're serious, please provide link(s).

 

[wwwweb]

What kind of POS company is this, you call them at 1 o clock in the afternoon, and they answer the phone, Sorry, there is nobody to take your call right now, try emailing support. Is everybody out back placing bids?

With all that money the take for their payment processing fee, you think they could pay a rep $20 to answer phones an hour or something?

Total F rating for customer service.

 

[Omar.]

Link to FB group?

WTF!! The Facebook Shill Bidding group has been DELETED after I exposed their Mafia!! That confirms my theory that jonathan tenenbaum is READING ALL MY POSTS!! ahahahahahahahahaha! Busted!!!

Total F rating for customer service.

As long as jonathan tenenbaum is the ¨¨manager¨¨ that company is a Total DISASTER!! but keep calling Namejet to Annoy jonathan, in fact ask for him to talk with you, believe me, jonathan is so AFRAID to get calls from customers or VICTIMS should I say…

jonathan tenenbaum is following the steps of Michael Krell, and Will end up just like him: FIRED!!! @NameJetGM

 

[Grilled]

Link to FB group?

WTF!! The Facebook Shill Bidding group has been DELETED after I exposed their Mafia!!

He didn't ask what happened -- to which you answered. He asked for a link.

Even if a Facebook page is deleted, that doesn't negate the fact there was once a link that may or may not have been archived somewhere. Without so much of furnishing a link (working or not), you can't expect your claim to be taken seriously -- with all due respect.

 

[Arfy]

He didn't ask what happened -- to which you answered. He asked for a link.

Even if a Facebook page is deleted, that doesn't negate the fact there was once a link that may or may not have been archive somewhere. Without so much of furnishing a link (dead or alive) , you can't expect to be taken seriously -- with all due respect.

Yep, have to go by "innocent until proven guilty" on this one.

 

[Omar.]

Thanks for you quickly reply!!! That means you are taken ME very Seriously, otherwise you Will ignore all my posts!! LOL

Do you think I care about your thoughts?? REALLY?? I only care MY MILLION DOLLAR DOMAINS!

Please dont take me seriously, MY MILLION DOLLAR PREMIUMS SPEAK FOR THEMSELVES!! in your FACE!! ouch!! that must hurt so Hard!!! LOL

 

[address]

Is Namejet scamming people?

 

[wwwweb]

Has anyone ever times the countdown timer for namejet, the last minute sure seems really long?

 

[Michael Ehrhardt]

First off, you are absolutely correct that since it is against Namejet TOS then the simple answer is that bidding on your own domain is wrong. But again, I'm not debating that. What I'm trying to debate is whether or not this should be changed.

You are NOT deceiving anyone in an open auction with no reserve by bidding on your own name. Nobody is being fooled. The owner is bidding for a domain no different and with equal chance like everyone else. This is a fact. It is not debatable. If he wins he buys the domain for (ex) $10,000. If he loses someone else buys the domain for $10,000. If the losing party thought the domain was worth more they would have placed another bid. That is the beauty of free market capitalism and market pricing.

When Tucows buys back their own stock from the market they are essentially doing the exact same thing. They have more information than the average investor in the market. They feel good about the future prospects of the business relative to the current share price and so they buy back shares for the benefit of existing shareholders. If they did NOT feel good about the future relative to the current share price than they would not buy those shares.

If I put xyz.com in auction on Namejet with NO RESERVE and the auction is about to close at $20,000 but I think this domain has a good chance of selling someday for $100,000 then why shouldn't I be able to buy it back for more than the current bid? If the high bidder also thinks it is worth more than they will outbid me (again). And again and again. At the end one party values the asset higher than the others and they win the auction and pay the price.

Who got fooled?

correct

fact is the NJ system ,,allow,, to bid on your own domain
at Sedo you cant

 

[Michael Ehrhardt]

Is Namejet scamming people?

of course not

 

[Michael Ehrhardt]

Namejet know the new owner and that the domains are not being sold by James or myself.

exactly

 

[Michael Ehrhardt]

Namejet has good Sales

i like NJ

 

[Omar.]

Has anyone ever times the countdown timer for namejet, the last minute sure seems really long?

jonathan tenenbaum changes the end time of almost all the auctions, specially for domains that could sell for a Big Price, since jonathan earn an extra bonus for Big Sales, his pay check has a big porcentaje of sale commissions, so he shill bid more on domains that could sell for Big Price.

fact is the NJ system ,,allow,, to bid on your own domain
at Sedo you cant

If the namejet system allows you to bid on your own domains, then they are promoting to Sellers to bid their own auctions, simple as that. You can request all your Friends to make fake bids on your auctions and nobody can complain about that. And jonathan tenenbaum make fake bids on his Friends auctions using fake IP address from Netherlands and multiple namejet usernames that nobody can notice or track because jonathan creates new fake users on a weekly basis...

Sedo wont allow shill bidding, thats why they Will Remain as the Best Domain Marketplace or one of the best with Afternic (GoDaddy) and Flippa.

 

[Grilled]

Thanks for you quickly reply!!! That means you are taken ME very Seriously,

Quick responses refuting (or challenging) baseless claims, and/or requesting proof, are necessary to preserve the credibility of this thread.

Without evidence, or an attempt to provide any sort of reference, not only are you diluting the merits of this thread, you are opening yourself up to potential legal action.

 

[HuntDomains]

Interesting read.

 

[offthehandle]

https://www.namepros.com/threads/ol...antinos-zournas-and-onlinedomain-com.1106277/

 

[offthehandle]

https://onlinedomain.com/2018/10/25/domain-name-news/not-staying-out-of-drama/

 

[offthehandle]

"A Greek court denied the injunction brought by Oliver Hoger against Konstantinos Zournas and OnlineDomain.com in a Greek court.
The judge found, among other things, that since the article in question did not contain false statements the article does not have defamatory content...

Read More

 

[offthehandle]

The latest Namejet netsol .... news.

https://domaingang.com/domain-news/...ng-com-was-auctioned-despite-being-unexpired/


https://mobile.twitter.com/Berryhillj/status/1095711248379981825

 

[Omar.]

The latest Namejet netsol .... news.

https://domaingang.com/domain-news/...ng-com-was-auctioned-despite-being-unexpired/

WOW, it seems jonathan tenenbaum is looking forward to end up in JAIL!! :D @NameJetGM

Its just about time, either namejet get ridoff jonathan tenenbaum as their manager or namejet Will sink to the bottom of the Internet.