GoDaddy Auction - How Does This Happen?

[Jingles]

On 1-4-14 I was bidding on the expiring BitcoinShares.com at Godaddy. I went to $525 and ended it there. Bidder 1 ended up winning at $535. Now I see the name is pending delete and listed at Snap to backorder.

What happened here? Did the bidder who won not pay? And if not, why didn't Godaddy contact me to see if I'd like to buy the name at my $525 bid?

 

[Name Trader]

Were you the next highest bidder, or was there somebody between you and the winner? (I'm not sure at what level the increment raises to $10). But in either case it looks like the winner never paid. If you were the next highest bidder, GoDaddy would send you an email, where you need to buy the domain at your bid price within 24hrs. If that didn't happen, you should check your spam email box, or maybe it was just a glitch. In any case, you saved your money.

 

[Jingles]

Thanks, stub. Nope, I never received an email from Godaddy (I check the spam folder faithfully). Bidder 4 dropped out at 514 and from 515 to 535 it was between just me and bidder 1.

I'm not sure if it's a blessing in disguise or not, but I've since moved on. It's just annoying to see it up for a possible auction yet again.

 

[cdboard]

might be too late to point a godaddy backorder at it.

though if you had done that as the auction ended, it might have worked.


hmmm.

 

[Name Trader]

It's definitely too late for a GoDaddy backorder at this point in time.

 

[AEProgram]

only thing I can think of is the guy paid and his card chargeback happened, you can see the old owners email on whoisology maybe email him and ask what happened,

 

[discobull]

FYI, it actually closed at $709 at the Godaddy auction on Jan 4th. Not sure why it ended up dropping though.

 

[HeyNow]

Well, considering Godaddy's auction history (which included the right of a Godaddy VP in charge of TDNAM auctions to bid against clueless customers) and the generally sleazy nature of domain auctions and the controlling entities, then anything is possible in any auction, and you are certainly not privy to all the possibilities. That should tell you something. You should not be surprised if you walk away from any domain auction with more questions than answers, perhaps feeling like you've been duped.