auctions Jinsha.com (mid six figures) on DropCatch

[Ms Domainer]

According to TNT Names, the bidding for Jinsha.com is in the mid-6 figures.

http://www.tntnames.com/blog/jinsha-com-bidding-up-to-423000-on-dropcatch.html

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I can tell you what I know about the term Jinsha, because info came up last year about this term, and I did a little homework on it.

1. Jinsha is a famous archaeological site in China's Sichuan Province. The site is located in the Qingyang District of Chengdu Prefecture, along the Modi River (摸底河). It was named for a nearby street, itself named after the Jinsha River. This, in itself, is a big deal.

https://en.wikipedia.org/wiki/Jinsha_(archaeological_site)​

2. The Sands casino owns a TM on the term "Jinsha," so whoever wins the domain needs to take care on how the winner uses the domain. I would think that if the buyer does not use it for gambling purposes, he or she might be okay, given its GEO and generic meanings. But I suspect that the high bidding has little to do with the Geo aspect. Just saying. (BTW, "Jinsha" means “golden sands” in Chinese.)

http://www.gamblinginvest.com/golden-sands-jinsha-drops-domain-auction-dropcatch/

http://www.onlinecasinosvegas.com/news/20140629/adelson-goes-after-asian-domain-holders/
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If you're bidding, take care.



UPDATE: Here is the link to the auction (not mine), which probably won't be live for long. At this posting, the high bid was $460,160:

https://www.dropcatch.com/Domain/jinsha.com​

 

[Name Trader]

I am just trying to figure out how first1 still have bidding status with an outstanding payment, and a non payment for that numeric domain that was not paid for, and then reauctioned...

I agree.

 

[Name Trader]

it's pretty obvious. Dropcatch is aware that it is a proxy bidding account and treating it differently.

That's where I fall out with DropCatch.

 

[sumosan]

Paid. Whois updated.

 

[domainsoup]

Paid. Whois updated.

? there is no info

 

[wwwweb]

Paid. Whois updated.

not true

 

[sumosan]

My bad. Apparently I checked whois of jingsha.com.

Sorry guys.

 

[infosec3]

Any updates on this sale?

 

[Ms Domainer]

The whois still shows DropCatch.com as the owner.

This suggests that the sale has not gone through, at least of today (April 10, 2016).

 

[domainsoup]

The whois still shows DropCatch.com as the owner.

This suggests that the sale has not gone through, at least of today (April 10, 2016).

LOL the domain industry is SHADY

 

[infosec3]

lol... Oh, man. What am I going to do with my JinshaTown.com now?

 

[gemstar]

The whois still shows DropCatch.com as the owner.

This suggests that the sale has not gone through, at least of today (April 10, 2016).

700k was insane. Watching the auction I could only determine this was just a big game between 2 bidders just having fun seeing who would win. However there was no real money on the table for this domain.

 

[wwwweb]

700k was insane. Watching the auction I could only determine this was just a big game between 2 bidders just having fun seeing who would win. However there was no real money on the table for this domain.

Only thing is these bidders are still active, and play into your bids daily without recourse.

 

[AEProgram]

whois updated congrats to dropcatch

 

[dordomai]

Only thing is these bidders are still active, and play into your bids daily without recourse.

These are not bidders. They are proxy handles that are connected to Chinese auction sites.

 

[Ms Domainer]

Looks like the winner is a big deal in China.

https://www.google.com/search?sourc...oq=hu weisheng&aqs=chrome..69i57j0l2.2089j0j7​

 

[domainscp]

@Ms Domainer , that's who I figured won it and I see that he just became a member on here.

 

[infosec3]

@Ms Domainer , that's who I figured won it and I see that he just became a member on here.

Do you mean a member of NamePros?

 

[domainscp]

@infosec3, yes check under the Domain Beginners section, while he may be new here he is obviously far from a beginner to domaining