WHC | Re-auction (9.Viewing)

Thanks Frank…found it. Senior moment :rolleyes: 🤣
 
And this is the exact reason CIRA needs control for TBR. Making your own rules that are an advantage to the registrar only.

So when the domain doesn’t sell now we can start it back at $18 or do you get to hold the domain for another 2 years? This is no different than simply hoarding domains and waiting for their future value to increase in price.

Which is exactly something CIRA prohibits a registrar from doing.

I'll give WHC the benefit of the doubt for now that choosing this path was a bit naive on their part. Hopefully they realize that's not going to work.

It takes 2 people to drive up the price, and when one of them was fraudulent, the second bidder's price is no longer relevant. It's best to restart the auction at minimum bid prices and let the chips fall where they may.
 
I have no intention of starting in on a 9k bid, if everyone feels the same what happens if the minimum 9k is not met?

Technically there is no bidder at 9k, I know I have bid on domains in the past I would not bid on today.

The only way to do this right is to let it sit a week to take pre bids and then have it run from whatever the pre bids were.
 
Would be nice to see the list so we could have a little input on this.
Putting out 5 domains to test is fine , but if the plan to auction five every week , seems like a cash grab,

Release 5 domains and one is an obvious premium, let me guess what happens..lol
Who decided which 5 domains , not alphabetical, Cira did a release of domains a few years ago , follow their lead and release them in bulk , maybe 3 packages . ..hard to say when we are in the dark how many domains we are talking about.

Details? How many domains?


How many bad bidders are we talking ? Same person? There is no way the bad bidder should be allowed in this auction. That’s an insult to everyone and makes the credibility of these auction shaky at best.
 
It’s completely ridiculous. So pretty much they can bid up domains if they wanted to. No one is holding them accountable and then when it doesn’t fetch the price they want that’s a non-paying bidder. Cool thanks for letting us know. How transparent. They must take us all for idiots.
 
I remember when Siber had their re-auctions for unpaid auction domains they would start them at $35 if memory serves me correctly and it would be many domains not 5.
 
Also note that I'm pretty sure that WHC has already accepted partial payment on deal.ca. I know the guy who bid on it (he used to be on the board here and you can probably guess who), and in his mind he intended on paying, but he was also intending to borrow or scam the money to pay for it. So he talked WHC into accepting payments, which he eventually defaulted on. So although I'm pretty sure they did accept some payments for it, I really have no idea if they collected $500 or $5000 already on this domain...
 
Guess that answers my question about why a registrar is hanging onto a domain for 1.5 years.

But still, that's a lot of leeway for the buyer. They should have been given a week, maybe two, to pay up.
 
CIRA should really have a policy that any domains not paid for must be re-auctioned within a certain reasonable time frame. The only reasonable excuse for waiting 18 months is that they were accepting payments this whole time and the guy just defaulted.

I remember catchdrop was doing that too and when I complained to Richard, he talked to catchdrop and catchdrop just said "oh right, those were domains we acquired testing out our TBR system" so Richard made them re-auction them, which I believe they did. They weren't great domains or anything, but to me it was the princple of making sure they didn't think that was OK.
 
I think this will work itself out by itself, from the look of it none of us are bidding 9k so chances are it will just have to run again.

Would I have an issue bidding 9k? Not if it started at $18, or entered a proper pre-bid, but principle will keep me out at 9k start.
 

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