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.

 

[SirDrago]

I agree with you, if that auction was over in the $5K range, to come back from the dead, and restart is a scary after thought. I don't think dropcatch would have ever thought this auction hit this price. I believe he has screenshots showing proof of that, so they need some serious data to back up that error.

I mean if Fastcars was not in this auction we are talking it being over in the $1,xxx - $2,xxx range.

I haven't seen 420domains around since then, he was online during the DC closings, as he bid on, and won FieldCreek.com at $500 which payment is still outstanding for as it would be on the same invoice. I mean Fastcars still didn't take out his proxy, as it was still in play, but I guess he just got sick, or didn't feel the need to bid any higher as it was getting pretty expensive.

Anyone know if 420domains is a member here?

I'm more interested in what Andrew Reberry has to say about his platform practices. Everything else is pretty much irrelevant.

 

[Blueforever]

This is pretty big news in the domaining community. Surely 420domains knows what’s going on here and can maybe have a say.....no?

 

[verbose]

Hey domain name professionals, I know FastCars said he'd keep everyone updated, but I don't think it'd be wise of him nor likely of him to post again until some conversations have been concluded.

 

[offthehandle]

Hey domain name professionals, I know FastCars said he'd keep everyone updated, but I don't think it'd be wise of him nor likely of him to post again until some conversations have been concluded.

No problem, most of us get it negotiations or whatever issues need to be resolved. Thanks for posting.

 

[wwwweb]

Looks like payment did not come in by the required due date, not sure if extensions were given.

 

[Dandelion]

In the end, who's the winner. Fastcars or 420 Domains?

 

[wwwweb]

In the end, who's the winner. Fastcars or 420 Domains?

420 won the auction with the highest bid at closing time. They didn't make the payment within the 4 day window required. Given the closing price, and the closing date falling on a weekend, they may have requested more time to make payment.

 

[Shailendra Mishra]

Anyone?

And someone please explain this :

 

[wwwweb]

And someone please explain this :

Could be the auction went 10 hours, and maybe they thought it ended, when a last second bid came in.

Still not paid for, been 5 days, 1 day over payment deadline.

 

[HotKey]

Yeh.. 50k for that name. Um no, you'd have to be a complete imbecile. More to the story, and we will likely never find out why. Someone driving up the price for DC, trying to reel in a sucker? That's why I asked if anyone ever has done business or knows the 420 guy.

2-5k on the best of days, the original win @ the 5k mark should have ended it there.

 

[wwwweb]

Yeh.. 50k for that name. Um no, you'd have to be a complete imbecile. More to the story, and we will likely never find out why. Someone driving up the price for DC, trying to reel in a sucker? That's why I asked if anyone ever has done business or knows the 420 guy.

2-5k on the best of days, the original win @ the 5k mark should have ended it there.

They sure shut up Fastcars quickly, and he wasn't even the winning bidder. The auction has gone into default as it is past 24 hours past payment deadline, what is the point of bidding if you can't make timely payment according to the rules?

 

[wwwweb]

So 420domains has won big ticket domains at dropcatch like studentaid.com $20K, iomega.com $10K, whois is showing Nevada, which would indicate a wire should not take more than 48 hours to submit.

 

[wwwweb]

Things maybe looking up for fivenines, as payment still hasn't been made.

 

[wwwweb]

420Domains is still able to bid even though Fivenines.com has still not been paid for?

This is funny how Fastcars goes quiet, and this domain is still not paid for, yet winning bidder is still able to bid, and is back to making big bids.

 

[offthehandle]

..

 

[wwwweb]

FiveNines.com has been paid for now, and nameservers point to Afternic with min offer of $900.

I guess Fastcars did not get it, as I doubt they would point it to Afternic after wanting it for end user purposes.

 

[offthehandle]

FiveNines.com has been paid for now, and nameservers point to Afternic with min offer of $900.

The A record still is with AWS, and resolves to DC, so thought it hadn;t moved, but doubled checked the dns, so you are on top of it of course. So, does the saga end here? What happened at the $5K time?

I think it has value to someone out there other than Fastcars. But not that much that was overpaid, it's all personal thing really as an end user sees it. Seeing the Gonines with the logo specific to it I posted, well seems correct end user for it.

I have been at this only a few years now, and of all my names except like a couple I let expire, were grabbed by someone else and sit unused. Parked for resale. Not until spending 1000's of hours looking at archive and drop lists, this seems very common.

 

[creataweb]

Who's going to pay $40k + for it

 

[wwwweb]

The A record still is with AWS, and resolves to DC, so thought it hadn;t moved, but doubled checked the dns, so you are on top of it of course. So, does the saga end here? What happened at the $5K time?

I don't know FASTCARS went radio silent, probably in hopes of working out a deal, only he knows the true story behind it.

It didn't take buyer long to start hitting those high end auctions again, after shelling out what seems like will be a long hold at that price. Even if FASTCARS buys it on Afternic buyers needs $42K gross just to get to even.

 

[wwwweb]

Who's going to pay $40k + for it

Well 420domains paid $20K for StudentAid.com, and they have a $200K ask on it.

So who knows what they will ask for FiveNines.com?

Did we really expect Dropcatch to discount $30K to bring it down to $5K.