Most of you know Tom from BareMetal.com
This will be the DN member support topic for Baremetal
This will be the DN member support topic for Baremetal
Edited by a Community Guide:
- Topic Starter ADMIN
- Start date
- Replies: Replies 28
- Views: Views 1,531
Post-Reg Auction
My first time in at BareMetal Auction and I decided to stop until I find out how it works.
I'm bidding on a domain and it stays red, I increase the bid and it stays red.
When I click on the domain I see my last two bids but no higher bid, so why am I not the high bidder?
So I'm thinking I have to keep bidding until it turns green but since I can only see myself bidding I don't want to bid against myself.
So I stopped now to get a further explanation.
Might be nice to have for future members as well.
My first time in at BareMetal Auction and I decided to stop until I find out how it works.
I'm bidding on a domain and it stays red, I increase the bid and it stays red.
When I click on the domain I see my last two bids but no higher bid, so why am I not the high bidder?
So I'm thinking I have to keep bidding until it turns green but since I can only see myself bidding I don't want to bid against myself.
So I stopped now to get a further explanation.
Might be nice to have for future members as well.
DomainRecap
Member
- Joined
- Nov 23, 2020
- Topics
- 68
- Posts
- 5,526
- Likes
- 3,182
Yep, when you bid and it stays Red that means you're still hitting up against the current high bidder's proxy/higher bid.
When it changes to Green, then you're the man.
So how do you know what the highest bidder is?
Seems a waste of time to keep bidding without knowing what the highest bid is, I keep hitting the drop down again and again and all I see is my own bids.
So say someone is $800 bucks higher than me I have to hit the drop down how many times and bid to find that out. Should it not just show me the high bid? I understand keeping the proxy bids silent but I should be able to see the highest bid.
So imagine having 20 domains to bid on, how do I manage that without being able to just glance at the highest bids to make my decisions?
Seems a waste of time to keep bidding without knowing what the highest bid is, I keep hitting the drop down again and again and all I see is my own bids.
So say someone is $800 bucks higher than me I have to hit the drop down how many times and bid to find that out. Should it not just show me the high bid? I understand keeping the proxy bids silent but I should be able to see the highest bid.
So imagine having 20 domains to bid on, how do I manage that without being able to just glance at the highest bids to make my decisions?
DomainRecap
Member
- Joined
- Nov 23, 2020
- Topics
- 68
- Posts
- 5,526
- Likes
- 3,182
The whole point of a proxy bid is to keep it hidden. And you do see their highest current bid, just not their hidden proxy bid.
It's like that everywhere and yes, when I'm on WHC or MyID with a lot of auctions (I've had 30+ during the Restricted Domain Madness) it can get crazy at the very end.
It's like that everywhere and yes, when I'm on WHC or MyID with a lot of auctions (I've had 30+ during the Restricted Domain Madness) it can get crazy at the very end.
Yes I understand the proxy bidding but the current high bid should be displayed.
For instance a proxy bidder can have a proxy of $1000 and still be the highest bidder at $800
The $800 should be visible to other bidders as the high bid right?
For instance a proxy bidder can have a proxy of $1000 and still be the highest bidder at $800
The $800 should be visible to other bidders as the high bid right?
DomainRecap
Member
- Joined
- Nov 23, 2020
- Topics
- 68
- Posts
- 5,526
- Likes
- 3,182
I thought it was on the main auction page.
On BM, the winner pays the next highest bid down, so unless you tie, what you bid in second place will effectively be the highest bid price.
If I bid $100 on a BM auction and someone else bids $75 and BM wins it, I pay $75. At least that's how I think it works.
Here you can see, the last two bids are mine and to me it looks like I'm bidding against myself because I do not see a higher bid, yet it is still red.
So now I hit $1250 and it still stays red, because I don't see a higher bid it makes me nervous thinking I'm bidding against myself.
Sometimes I have 4 bids in a row and still no green, its quite a waste of time, especially if I was bidding on multiple domains, not knowing what the highest bid is.
DomainRecap
Member
- Joined
- Nov 23, 2020
- Topics
- 68
- Posts
- 5,526
- Likes
- 3,182
The highest bids are right here:
Anything higher are proxy bids, which are obviously hidden.
I agree that the "individual bidding screen" is poorly designed, but at its base this functions exactly the same as WHC, MyID and others who use an auction system. You need to keep hitting it until you surpass the high bidder's proxy.
I do that every Thursday afternoon on WHC.
Anything higher are proxy bids, which are obviously hidden.
I agree that the "individual bidding screen" is poorly designed, but at its base this functions exactly the same as WHC, MyID and others who use an auction system. You need to keep hitting it until you surpass the high bidder's proxy.
I do that every Thursday afternoon on WHC.
That 1k is mine, yet it is not green
The $500 is mine yet not green
The $500 is mine yet not green
theinvestor
DNC.ca
It’s not yours. You may have bid $1,000 but someone else has higher bid or has the same bid but they are the highest bidder for $1,000.
DomainRecap
Member
- Joined
- Nov 23, 2020
- Topics
- 68
- Posts
- 5,526
- Likes
- 3,182
See the last 4 bids, looks like I'm bidding against myself yet no green
theinvestor
DNC.ca
Until you outbid it won’t show you the other bidder because they have a proxy bid. In the case above L7 has a higher proxy bid.
I see, I went higher and it now shows green
DomainRecap
Member
- Joined
- Nov 23, 2020
- Topics
- 68
- Posts
- 5,526
- Likes
- 3,182
The second-highest bid (unless you tie) is the highest bid price.
So your $1,000 is the second highest bid (the highest bid price on BM) and you won't get green until you surpass his proxy.
DomainRecap
Member
- Joined
- Nov 23, 2020
- Topics
- 68
- Posts
- 5,526
- Likes
- 3,182
Exactly. His proxy was $1,000 and you were tied (tie goes to the first bidder).
Now his $1,000 is the second-highest bid and is effectively the highest bid price at the moment.
The shown sale price is second highest bid. It sounds simple, and it was a simple way to implement proxy bidding. In practice, it gives your brain some exercise : (
[Yes, it is on the "to replace" list, but there are lots of higher priority tasks.]
Our intention was that you would bid what you thought the domain was worth and forget about it... unfortunately, there are trust issues with that, and most customers keep doing the incremental bidding thing.
Thanks V and S for the explanations, and for your patience Frank.
[Yes, it is on the "to replace" list, but there are lots of higher priority tasks.]
Our intention was that you would bid what you thought the domain was worth and forget about it... unfortunately, there are trust issues with that, and most customers keep doing the incremental bidding thing.
Thanks V and S for the explanations, and for your patience Frank.
I'm thinking more and more of doing that, I did it on Walk.ca & FiveStar.ca
I set my highest proxy and figured if I did not get it so be it.
I may do more of that for simplicity
theinvestor
DNC.ca
Sometimes you just have to walk away 
Sponsors who contribute to keep dn.ca free.
 |
 |
 |
 |
 |
 |
 |
