Dynadot

HUGE DOMAINS SNIPING GODADDY CLOSEOUTS

Catch.Club Catch.Club
So annoying Godaddy hasn't stopped Huge Domains from sniping Godaddy Closeouts with their automated tools, no way a human bidder can win a even closeout.

First they were sniping with the backorders, now you cut that out, and you are letting them snipe via automated tools.

So what do you say @Joe Styler , you want to even the playing field a bit, as your partners are bidding everything in a split second, from $12, to $11, and bidding everything else into the hundreds from a simple bid. I would rather pay a Huge Domains surcharge at checkout.


Huge Domains has an unfair advantage on the auction platform, essentially taxing every user for using it with their automated access advantages given to them thru the house.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
Godaddy is still quoting higher appraisals in auction, than they have on their beta appraisal page which is very strange, but I guess it adds to people paying more in auction by looking at that inflated number.
 
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as they have a lot to gain by making sure the secondary market by domainer inquiries have high asking prices
... or, even better, eliminated (if the registrant is another domainer).
 
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D Haynes

Top Member
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4,704
It's a sorry state of affairs. To say its a level playing field is absurd.
 
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I hear you, and you are right, but if people want to pay these prices, by all means let them, they only increase the value of your portfolio base by doing so. Maybe that is why huge domains with 6 million domains strong, has an added interest in making sure speculators are paying at least an $xxx value for all domains, and getting no freebies, as they have a lot to gain by making sure the secondary market by domainer inquiries have high asking prices.

These similar names were going off for $5-$100 years ago, are still sitting in portfolios, so all these people paying hundreds to thousands for them, are in for a rude awakening.

On a personal level once prices went insane I couldn't justify playing that game anymore as it doesn't seem a smart business model to buy to 99% of the time resell to domain investors as end users are priced out lol. I was selling on NJ for years and was very happy with results overall, but again got to a point that I couldn't justify it anymore, as at some stage presumably the music will stop.
Talk about a backward situation who could have guessed this would happen just a few years ago?

HD and others have completely changed the domaining landscape perhaps for good, you need a massive budget to compete, maybe mid 5 figures + today if starting out I would guess.
 
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Cubehost.com
icn-godaddy-valuation.png
Estimated Value: $5,245


On Godaddy auction page $7,059

A difference of almost $2,000

Where do these higher valuations come from, other than to make sure bids get placed for higher amounts.
 
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We saw this scenario recently with a drop auction of fivenines.com where a domainer paid $36,000, in a 2 day auction, the end user, who really wanted it, couldn’t justify it any further and had to drop out.

The domain sits parked today at afternic, where the owner needs to get $42k, just to break even.
 
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Looks like Huge Domains is using proxies just under 12% of appraised values.
So if something has a $6K godaddy appraisal they are placing proxy bids arising $700, and yes they are not just bidding on sub $200, they are playing higher amounts.

I've been looking into this and had a bidder run up a name to exactly that, then they quit. I dont know who it was, but it's a pain to watch. Reminds me of bidding against Halverez years ago. :)
 
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I've been looking into this and had a bidder run up a name to exactly that, then they quit. I dont know who it was, but it's a pain to watch. Reminds me of bidding against Halverez years ago. :)
Post their bidder id number here
 
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BRANDERX

BRANDERXTop Member
Impact
4,121
So annoying Godaddy hasn't stopped Huge Domains from sniping Godaddy Closeouts with their automated tools, no way a human bidder can win a even closeout.

First they were sniping with the backorders, now you cut that out, and you are letting them snipe via automated tools.

So what do you say @Joe Styler , you want to even the playing field a bit, as your partners are bidding everything in a split second, from $12, to $11, and bidding everything else into the hundreds from a simple bid. I would rather pay a Huge Domains surcharge at checkout.


Huge Domains has an unfair advantage on the auction platform, essentially taxing every user for using it with their automated access advantages given to them thru the house.

Believe it or not, they are sniping domains in other major languages, like my own " Arabic " not idns.

There's a form of Arabic used over the internet, that is written in English letters, for whatsaapp, domains, other apps etc...

Example: Noor Al Shams.com meaning: Sunshine in Arabic.

Unbelievable.
 
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Believe it or not, they are sniping domains in other major languages, like my own " Arabic " not idns.

There's a form of Arabic used over the internet, that is written in English letters, for whatsaapp, domains, other apps etc...

Example: Noor Al Shams.com meaning: Sunshine in Arabic.

Unbelievable.
They can scrape sales data, along with their own analytics from their sites, and sales, and if they can make money, or see an interest in such a niche, they are going to try and corner the space.

They really have a they against the world mentality, and they want total domination, or expensive pricing to be paid by domainers so they don’t get undercut at Huge Domains. Godaddy is all for it, as it’s a win win for them. They didn’t stop the backorder loophole for ages, after it was exposed, a few lines of code would have closed the loophole. Supposedly a big player had thousands of backorders left to burn , and I guess they needed time to spend them, as they are worthless otherwise.

You kinda notice Joe didn’t put up much of a fight, just a simple denial, and quick exit.
 
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It's almost become a waste of time playing the expired auctions game. I've not bought one for ages as I got fed up of overpaying all the time. If I keep overpaying like this I'd likely start losing money. Very rarely does a gem fall through the crack.

Yesterday seeing domains like BananaCreative.com at nearly $200. Unreal.

Good luck to all those still playing this game, it sure isn't easy.
 
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If I keep overpaying like this I'd likely start losing money.
Yeah, this is what happens with a lot of active bidders. Where is that NP poll asking how much you earned or lost? Cannot find it. It is something that each and every new domainer (< ~3 years in business) should read. But even without this poll - I remember dropcatch initially, and I also remember some bidding handles. Including the closed beta. They were overpaying. Where are they now? They are not bidding anymore. New victims are overpaying now. I could also list (but would not as it is public board, and I'm trying to respect all participants) some extremely active bidding handles of lets say Snapnames who were overpaying in 200x...2016 - where are they now? Some domains they won are even dropping now. The same happens with godaddy auctions bidding. GD auctions are now set to extract $$$ from newbie domainers (as much as possible), with the help of hugedomains. Different $$$ appraisals shown on auctions page and neutral appraisals page are perfect example of how this setup is further "developed" each and every day.
 
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Yeah, this is what happens with a lot of active bidders. Where is that NP poll asking how much you earned or lost? Cannot find it. It is something that each and every new domainer (< ~3 years in business) should read. But even without this poll - I remember dropcatch initially, and I also remember some bidding handles. Including the closed beta. They were overpaying. Where are they now? They are not bidding anymore. New victims are overpaying now. I could also list (but would not as it is public board, and I'm trying to respect all participants) some extremely active bidding handles of lets say Snapnames who were overpaying in 200x...2016 - where are they now? Some domains they won are even dropping now. The same happens with godaddy auctions bidding. GD auctions are now set to extract $$$ from newbie domainers (as much as possible), with the help of hugedomains. Different $$$ appraisals shown on auctions page and neutral appraisals page are perfect example of how this setup is further "developed" each and every day.
The guy who was bidding against Kevin Ham in 2006 for date.org, and ended up in a bidding war over $150k, still owns it today, that is the dangers of overpaying.
 
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Jv1999

Wander Aimlessly: Redeemed Knight of the Exo-TowerTop Member
Impact
3,259
I think overbidding versus financial crash are making plays in this thread.

All the examples given have been pre-crash. Which means that they overbid because during those times of economic flourishing, people paid like that.

Now times are rougher, so no one is paying that much for domains.

so it's not necessarily "the plight of overpaying" but more like: Overpaying + Economic crsis.
 
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Post their bidder id number here

It ends in 10. Once I was the highest bidder (all the other bidders dropped out), this guy ran it up. He stopped at exactly 10% of the Godaddy Estimated Value. I was running some numbers on it, after I won and thought this was a little odd.
 
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It ends in 10. Once I was the highest bidder (all the other bidders dropped out), this guy ran it up. He stopped at exactly 10% of the Godaddy Estimated Value. I was running some numbers on it, after I won and thought this was a little odd.
HugeDomains is Bidder 913932
 
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HugeDomains is Bidder 913932

Hang on a minute!!! I just checked the bidding list. 913932 ran it up before the other guy! They stopped at just under 10%
 
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Hang on a minute!!! I just checked the bidding list. 913932 ran it up before the other guy! They stopped at just under 10%
Yea your just paying the Huge Domains toll for using the Godaddy platform. Imagine an auction house like Heritage who had a bidder who bid on 80% of every names in an automated clockwork fashion, there would be state regulators all over that.
 
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Jv1999

Wander Aimlessly: Redeemed Knight of the Exo-TowerTop Member
Impact
3,259
Yea your just paying the Huge Domains toll for using the Godaddy platform. Imagine an auction house like Heritage who had a bidder who bid on 80% of every names in an automated clockwork fashion, there would be state regulators all over that.

but isn't it legal and not unfair as long as they pay when they win?

I get that it pisses everyone off, including me...

but they're rich, and they want to buy up everything... so why is it exactly unfair?

i mean, if they DIDN'T pay when they won... then that's when we need to fling sh1 into their mouths because we're losing HUNDREDS if not thousands.. to a bot that SOMETIMES pays...
 
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but isn't it legal and not unfair as long as they pay when they win?

I get that it pisses everyone off, including me...

but they're rich, and they want to buy up everything... so why is it exactly unfair?

i mean, if they DIDN'T pay when they won... then that's when we need to fling sh1 into their mouths because we're losing HUNDREDS if not thousands.. to a bot that SOMETIMES pays...
They are controlling a aftermarket where they market 6 million domains for sale.

It is in their best interest that domainers, and others pay a maximum level for expired inventory, as those names will be competing with the 6 million they have for sale. If they make you pay more, you need to ask more, hence keeping their marketplace competitive, and not be able to be undercut by others getting access to cheaper inventory.
 
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Jv1999

Wander Aimlessly: Redeemed Knight of the Exo-TowerTop Member
Impact
3,259
They are controlling a aftermarket where they market 6 million domains for sale.

It is in their best interest that domainers, and others pay a maximum level for expired inventory, as those names will be completing with the 6 million they have for sale. If they make you pay more, you need to ask more, hence keeping their marketplace competitive, and not be able to be undercut by others getting access to cheaper inventory.


I get why they're doing it.

I just don't get why it would be violating any laws. There's no way to distinguish between whether they really want to bid on these domains or if they're just bidding to manipulate the market.

I mean, what if they really want to acquire these domains.. then it's actually illegal to prevent them from bidding just because they're bidding on everything.
 
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I get why they're doing it.

I just don't get why it would be violating any laws. There's no way to distinguish between whether they really want to bid on these domains or if they're just bidding to manipulate the market.

I mean, what if they really want to acquire these domains.. then it's actually illegal to prevent them from bidding just because they're bidding on everything.
Who knows they might get a % rebate after X amount spent, or bid. There is nothing stopping such agreements to be in place. It’s true they don’t always win, but they push the price up by many multiples on their losses across every category without fail, or fatigue of any kind.
 
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Who knows they might get a % rebate after X amount spent, or bid. There is nothing stopping such agreements to be in place.

Can GoDaddy forum reps confirm if there are any agreements like this in place, with any entity?
 
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equity78

Top Member
TheDomains Staff
TLDInvestors.com
Impact
26,594
Who knows they might get a % rebate after X amount spent, or bid. There is nothing stopping such agreements to be in place. It’s true they don’t always win, but they push the price up by many multiples on their losses across every category without fail, or fatigue of any kind.

@Joe Styler @Paul Nicks would what wwwweb hinted at be a reality? Thank you
 
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