Twitter user and Chinese domain investor posted that Godaddy Auctions allows people to use two bidder accounts on the same name and a lot of people are using it for tricking the auctions.
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Let's hope they listen to you.
Auction API access is extremely hard to come by, and this scheme requires burning accounts left and right. Nobody with API access to the auctions is throwing away their accounts.... if GD brains allow auction API to be shut down & restarted 1 by 1 .... they will be able to figure out how the ping pong game works and sources... but the shitshow will continue in a different style.. Still the frontrunners are the biggies problem to all .
Regards
Yeah, I was talking about godaddy. If they do back and find someone who participated in many fraudulent auctions, resulting in godaddy's loss of money, do they have a case?
Auction API access is extremely hard to come by, and this scheme requires burning accounts left and right. Nobody with API access to the auctions is throwing away their accounts.
It has nothing to do with the API, that's a separate issue where API users automatically jump on names with any interest. While annoying, it doesn't really require API access; the companies doing it have enough staff to do it manually and it would probably still be worth it to them to crowdsource their buying.
I think most people would argue stealing names outright is worse than front running. At least the front runners only gain an unfair advantage in the auctions when they get an end user on the hook. They are also terrible people, but this rollback scam is by far the worst issue plaguing GoDaddy auctions.
Is GoDaddy selectively re-auctioning expired names? Latitudes.com was being auctioned in late August and was clearly being gamed, and it looks like the auction got cancelled before it ended. Then it just closed yesterday for $27,500 as an expired auction.Latitudes.com and Oasis.org are also being gamed. Maybe HelloSociety.com too. Oasis was driven up from $250 to $16.5k between two bidders in the span of 10 minutes with 11 days left.
It doesn't inspire a lot of confidence in these new measures being announced that it takes all of a few minutes to find 3-4 auctions being actively gamed while they're supposedly being extra vigilant about it.
How many decades and how many millions in lost revenue will it take for GoDaddy to finally admit that the rollback system is fundamentally flawed and no half-measures can stop the abuse? It seems blatantly obvious to everyone except GoDaddy.
You have to re-auction the names, or if you can't be arsed to figure that out you need to delete anything with a 25%+ rollback, and let it end up at DropCatch where a fair and legitimate auction can actually take place. Never deliver a domain to a thief, period. No exceptions. Or it will not stop.
I updated our system to watch out for GoDaddy re-auctions, and when one closes it'll automatically remove the original, failed auction. So for example in 3 hours when 8458 ends and gets loaded into our site, it should automatically go delete the July 29th result for $31k.Yes, it seems Godaddy is reauctioning domains.
Today:
8458.com
mycp.com
ulises.com
2506.com
tradesense.com
vyom.com
pokermaster.com
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I updated our system to watch out for GoDaddy re-auctions, and when one closes it'll automatically remove the original, failed auction.
Latitudes was rolled back from $27,500 to $9,988. So the re-auction of the gamed auction got gamed again. Good news for the scammers I guess, they can still steal names... they just have to burn two accounts instead of one and wait a little longer.Is GoDaddy selectively re-auctioning expired names? Latitudes.com was being auctioned in late August and was clearly being gamed, and it looks like the auction got cancelled before it ended. Then it just closed yesterday for $27,500 as an expired auction.