Longest running drop auction? Five Nines

[offthehandle]

Just went to Dropcatch. Anybody seen this before, this long?
6 hours now. Still going now.

Five Nines has been going on for hours!!!
between 2 bot's or bidders or????

https://www.dropcatch.com/Domain/FiveNines.com $19,506 right now.

6 Hours + now.

 

[offthehandle]

..

Yea, the other guy, 420Domains was using an external bot of some sort.

https://www.namepros.com/threads/longest-running-drop-auction-five-nines.1126088/#post-7131244

 

[FastCars]

I never put the 420 bidder, and HQ in CO connection together before, if that scenario is correct there would be a lot of pissed off bidders.

if 420 is hemper.com there has to be a really good chance that these places are one and the same (420 and DropCatch), or at least they know each other very well. Not sure what impact that would have had on my auction outside of that DC would have known my max possible bid and they would have known who I am and understood that I was a good match for that domain.

In the end. It was like a full-house going up against 4 of-a-kind.

 

[FastCars]

So you just signed up today, and they let you bid up to $35k without verification?

I signed up and verified on Wednesday I think. All in preparation for today’s battle. I had one bid on Friday just to prove the verification had worked.

 

[wwwweb]

if 420 is hemper.com there has to be a really good chance that these places are one and the same (420 and DropCatch), or at least they know each other very well. Not sure what impact that would have had on my auction outside of that DC would have known my max possible bid and they would have known who I am and understood that I was a good match for that domain.

In the end. It was like a full-house going up against 4 of-a-kind.

So he has 4 days to pay, they may extend it a few days due to it being a weekend, and such a large amount, but I would contact them if you don’t see the Whois contact change within 4 days.

Their policy is to suspend the winning bidder, and restart the auction, but given the sale has now gone public there will be a lot more heat on the second round, but I can’t see to many investors stepping into $40k on this one.

 

[FastCars]

The domain is worthless. If it goes to auction again, I’ll be happy to take it for $500. Let’s all just forget about today.

 

[JB Lions]

So he has 4 days to pay, they may extend it a few days due to it being a weekend, and such a large amount, but I would contact them if you don’t see the Whois contact change within 4 days.

Their policy is to suspend the winning bidder, and restart the auction, but given the sale has now gone public there will be a lot more heat on the second round, but I can’t see to many investors stepping into $40k on this one.

Some have more days to pay. This post goes thru it - https://www.namepros.com/threads/mo...at-dropcatch-com.1047366/page-10#post-6447003

"We have special terms and payment process setup for this user due to a restriction with their bank (along with a few other long time customers), and we have zero reason to believe this user will not pay for a single domain that they have won."

I hadn't bid there in years, then 1 night was looking for something and DC had the name. There was an auction, I won the auction, but second place got the domain. I searched on the person who was in second place and that thread turned up. I emailed them, they were surprised. Said there was a glitch, gave me a few options. Went back to auction, I eventually got the domain.

We'll see what happens with this one.

 

[wwwweb]

if 420 is hemper.com there has to be a really good chance that these places are one and the same (420 and DropCatch), or at least they know each other very well. Not sure what impact that would have had on my auction outside of that DC would have known my max possible bid and they would have known who I am and understood that I was a good match for that domain.

In the end. It was like a full-house going up against 4 of-a-kind.

Looks like a bad beat on this one. I don't know your plans, but I think you can get a 3 letter .com for less, with more liquid value if you need a name to start a venture.

 

[rh2000]

Thought I'd drop in and say hi, seeing as there is a lot of conversation about the bidding that just went on. I can assure you that no one here knows me, I haven't ever been on dropcatch before, it was my first day bidding. I have a personal connection to that domain and would have liked to have won it.

I'm here to vent just a bit, because I DID win it. Earlier in the day with a bid of $5,306. The Auction actually ended and the page refreshed and declared me "FastCars" the winner. I got pretty excited about that and when I refreshed on my phone I saw the auction was still going on. didn't make sense. I went back to my computer and it said I had won and that the auction was closed. So I refreshed, and sure enough, they had opened it back up. The rest is now Internet history.

I would hate if they told me I won a auction only to find out the auction is still going. I must admit you put up a good fight FastCars.

 

[wwwweb]

I would hate if they told me I won a auction only to find out the auction is still going. I must admit you put up a good fight FastCars.

Yes. Especially if it was a savings of $30k, highly unusual for a domainer to step into a bid so heavy.

The only logical use for the domain is in the high availability space which means 99.999% efficiency which translates to only 5.26 minutes of downtime per year.

Or maybe a play of purity which would equal 99.999% which could be 420Domains play in regards to cannabis product purity.

Any outside meaning I just can’t value it.

 

[golan]

I couldn't imagine how to automate tax returns on thousands of LLC's let alone the rest of the operation.

I don't think they ever do fill any taxes for their LLC's. Probably these LLC's are just sending payments to the registries, that's all, and having zero profit. Buyers pay directly to DropCatch/NameBright, they don't have any relationships with these LLC's.

 

[golan]

There are a bunch of alternates registered also. Five9s, Five9, 5Nines, Show attachment 111316

I went to check the fivenin.es hack, and it's taken.

I didnt find any whois checker that shows .es registration date, only found this

Maybe someone has really caught the trend tonight.

 

[wwwweb]

I went to check the fivenin.es hack, and it's taken.

I didnt find any whois checker that shows .es registration date, only found this

Maybe someone has really caught the trend tonight.

I see the registration going back to 2007, but don't know if same ownership, not a recent reg though.

 

[Blueforever]

Could be one or both of these companies -

https://gonines.com/
https://five9sco.com/

Would dropcatch reach out to these companies.

 

[wwwweb]

Would dropcatch reach out to these companies.

Maybe bidder 2 FastCars represents one of those companies who knows, he didn't say, but for him to bid up to $35K he had a serious interest in it, and a serious bankroll to spend.

He was well spoken, and prepared in getting his verification completed, and tested beforehand.

I mean to sit beside a device for 10 hours from afternoon to late night, in a 5 minute increment auction, there has to be more to it.

 

[dirk]

Would dropcatch reach out to these companies.

It'd make sense if gonines/com is involved. They seem to own the .net. decent sized company as well so they probably have this kind of money to spend on a domain. It would make the perfect upgrade.

 

[Soofi]

There are a bunch of alternates registered also. Five9s, Five9, 5Nines, Show attachment 111316

Where did you get these results from?

 

[FastCars]

I’ll try to remember to drop by here next week and share what DropCatch replies to me about my questions on closing and reopening an auction they declared me the winner on, and the evidence that 420 was “gaming the system” external bot practices. I don’t expect this to end in my favor, but at this point I find it interesting and entertaining. I’m sure curious what 420’s limit would have been. But losers never get satisfaction.

 

[offthehandle]

.

Where did you get these results from?

Namesilo's home screen doing searches, I just logically entered them one by one from what I would believe as alternatives.

 

[wwwweb]

I’ll try to remember to drop by here next week and share what DropCatch replies to me about my questions on closing and reopening an auction they declared me the winner on, and the evidence that 420 was “gaming the system” external bot practices. I don’t expect this to end in my favor, but at this point I find it interesting and entertaining. I’m sure curious what 420’s limit would have been. But losers never get satisfaction.

You will find several threads here, one big one if you are looking at dropcatchs user bidding past.

There was one person wittynut who somehow got magical powers to bid, and keep bidding even though he had numerous outstanding payment requests. Well he used these powers to go buck wild, and just keep bidding people up like crazy, and with no end. He never paid for many auctions, which took about 2 weeks for them to go thru, and reverse all his bids after outrage by users.

During this episode it was also discovered that certain bidders have immunity in bidding, and not required to make payment next day before being allowed to bid again, they were giving extended periods to make payment, angering many who has funds in hand. Others saw this as them keeping prices high, as if one doesn’t have funds to pay what they already won, they shouldn’t be allowed to keep bidding with house credit in an auction format.

The more you dig the more you will probably find things you don’t like, and will probably add to your paranoia. I mean you were bidding the annual salary of a middle wage workers take home pay yesterday, you came to win, and by all accounts I think you should have. I mean most of this thread was so busy finding out what these magical words meant. My only assumption is based on the purity of 99.999% in regards to uptime, or product quality. You might have set a world record for back, and forth auction, I don’t know. I have no idea how you could have functioned all day yesterday. For someone to place a blind proxy like that takes a really big leap of faith. You obviously indicated to dropcatch your intentions, and they must have verified you as a big fish, so maybe your onto something here.

 

[offthehandle]

I’ll try to remember to drop by here next week and share what DropCatch replies to me about my questions on closing and reopening an auction they declared me the winner on, and the evidence that 420 was “gaming the system” external bot practices. I don’t expect this to end in my favor, but at this point I find it interesting and entertaining. I’m sure curious what 420’s limit would have been. But losers never get satisfaction.

There are a few of us who watch closely on aberrations like yours. I have been a DC customer for several years there and always felt they have dealt with me honestly, respectfully and directly. You can contact the owners themselves, and they will answer.

Can you describe in detail what occurred? You said the "Auction ended" above, but not sure how that you knew that, have a screenshot and how that was confirmed and what transpired.