auctions Spend.com auction is crazy!

[ThreeD]

Anyone following that Spend.com auction over at Dropcatch? Two bidders are going at it. Current high bid is $762,500.

PS: The winning bid appeared to be $702,500, but now the auction has been extended for another 24 hours due to technical difficulties.

 

[silentg]

Ended at $702,500

Price jump was huge: $200k to mid 6 figures

ARIYAS @domainretail January 22, 2025

💸 Spend․com - Domain auction price went from $200k to $500k

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ARIYAS @domainretail January 22, 2025

💰 Spend․com Domain Sold For $702,500 At Drop Catch Auction

ARIYAS @domainretail

💸 Spend․com - Domain auction price went from $200k to $500k

View original Load full embed

 

[alcy]

hope she get paid

 

[URL Stream]

FYI: here is a similar ongoing thread on this topic: https://www.namepros.com/threads/spend-com.1344257/

Assuming it wasn’t an end user purchase, is that the best use of $702,500 worth of capital while keeping within the domain name industry?

What do other investors think?

 

[silentg]

Last big auction i followed on DropCatch with end user winning was Medal.com at $185,728 in 2022.

We'll just have to wait and see if it's an end user purchase for this one.

 

[ThreeD]

Ended at $702,500

Price jump was huge: $200k to mid 6 figures

ARIYAS @domainretail January 22, 2025

💸 Spend․com - Domain auction price went from $200k to $500k

View original Load full embed

ARIYAS @domainretail January 22, 2025

💰 Spend․com Domain Sold For $702,500 At Drop Catch Auction

ARIYAS @domainretail

💸 Spend․com - Domain auction price went from $200k to $500k

View original Load full embed

Yeah, it was fun to watch. It'll be interesting to see who the buyer is.

 

[ThreeD]

FYI: here is a similar ongoing thread on this topic: https://www.namepros.com/threads/spend-com.1344257/

Assuming it wasn’t an end user purchase, is that the best use of $702,500 worth of capital while keeping within the domain name industry?

What do other investors think?

I'm guessing only a handful of investors have the money to spend $700k on a domain and hold it until they can sell it for 7-figures. If it was an investor, I'm wondering where in that 7-figure range the price tag will land. 5x?

 

[equity78]

Somehow another 24 hours was added

https://www.dropcatch.com/domain/spend.com

 

[URL Stream]

Somehow another 24 hours was added

How and when does that happen?

 

[ThreeD]

Somehow another 24 hours was added

https://www.dropcatch.com/domain/spend.com

I noticed there were some hick-ups in the last 2-3 minutes when I launched the auction in a separate browser tab (API errors showing up in a toaster message). Could be that Sharma tried to add another bid but was unable to due to technical difficulties. Not sure what happened, but the auction seems to continue.

 

[enterscope]

Reseller market is heating up fellas. Looking good for the end user game.

 

[King]

End user battle at that point.

 

[Jannes]

"We are currently addressing issues with auctions ending today and will be extending those auctions."

 

[Kyle Tully]

Could have hand regged 140,000 names at Spaceship instead

 

[equity78]

DropCatch, We are currently addressing issues with auctions ending today and will be extending those auctions.

 

[equity78]

How and when does that happen?

They were having problems at the top of DropCatch.com now I see

We are currently addressing issues with auctions ending today and will be extending those auctions.

 

[Leo2k]

Could have hand regged 140,000 names at Spaceship instead

Seems they got triggered by the word Spend in Spend.com

 

[Andreas B.]

Does someone know who dropped that name?

 

[silentg]

Does someone know who dropped that name?

https://domaingang.com/domain-news/spend-com-defunct-company-domain-now-on-the-chopping-block/

 

[pb]

Does someone know who dropped that name?

https://www.namepros.com/threads/spend-com-sold-for-275k-usd.1051302/page-2#post-9322410