Backorders become Auctions at WHC (beta) (1 Viewing)

DomainRecap · Sep 15, 2023

But now I get what you meant, and it's essentially the same design as Catchdrop.

Everyone bids and if you're the only bidder then you win at min bid, but if even one other person bids on that same domain, then the auction is open to the world.

I'll adapt and I imagine others will too, but I am very worried that the action at the non-WHC/non-CD registrars is going to heat up immensely for the mid-range domains. Damn, like it wasn't already bad enough.

MapleDots · Sep 15, 2023

@DomainRecap

You have to look at this from the lazy/busy mans view point.

A lot of us probably won't give the 1-3 bid domains a second look. Guys like me will join the auction at the very end to look at what PREMIUM domains are priced at. If one grabs my fancy I will bid on it but the lower end ones with only a couple of bids will probably fall under the radar.

I know for me the phone is always ringing or someone is texting me, or one of my kids etc. I can almost never focus long enough to sit at auction uninterrupted in the afternoon. If it were at night and my customer service lines were closed then it would be a different matter. So most of us that have full time jobs miss out on a lot of auction stuff so I think you will still land a lot of your domains.

DomainRecap · Sep 15, 2023

MapleDots said:
A lot of us probably won't give the 1-3 bid domains a second look.

Sorry, but that's BS - if someone like RLM finds a killer semi-premium domain that slipped through the cracks and only Eby bid against him, you can bet money that a lot of others will "suddenly discover it" once it goes to the world for auction.

You'd have to be a moron not to.

This is how a guy like RLM makes money, by purchasing quality domains that no one else finds through hard work and time invested, and I will say he does it quite well.

These "open auctions" reward the lazy and punish the hard working, so the hard working domainer is forced to adapt to protect himself and his valuable data.

DomainRecap · Sep 15, 2023

MapleDots said:
So most of us that have full time jobs miss out on a lot of auction stuff so I think you will still land a lot of your domains.

Gee, I never realized that people on here thought I was unemployed, though if I keep posting here I might be.

On that note...

Eby · Sep 16, 2023

It is sad that people can't take domaining seriously enough. I am with

@DomainRecap on his take on this subject. I have great respect for

@rlm and he knows that. I think merit should be given to the hardworking and NOT the lazy. Period. But this the trend the world is heading on these days and the Registrars are playing into it. Time to stay away from this *show.

Eby · Sep 17, 2023

@FM So what happened to the test auction? I thought the night owls would be up bidding. But the system didn't even allow any of us to bid and it was a waste of time trying to stay up. The initial bid was accepted and I have a confirmation. But I could only grab a screenshot of the "invalid domains" prompt at closing time. Was it an effort to check if people are awake at midnight?

DomainRecap · Sep 17, 2023

I should note that there is one positive no one has mentioned, that is that the most you can ever be on the hook for on any pre-order bid is $18.

You make a mistake, it's $18, you bid on an auction with 10+ bids on it that might normally be at $300+ and you're still only on the hook for $18. This is great for misspells and typos (which has happened before) and you're not sitting there looking at a 3-figure bill for an honest mistake.

If WHC ever fixes their sorting mechanism so that everyone can't see what domains have live bids (like CD, it should all be behind the scenes to balance out the business-consumer scales a bit) I might give this new WHC system a try to see how it all comes together or conversely, falls apart.

rlm · Sep 17, 2023

DomainRecap said:
Sorry, but that's BS - if someone like RLM finds a killer semi-premium domain that slipped through the cracks and only Eby bid against him, you can bet money that a lot of others will "suddenly discover it" once it goes to the world for auction.

You'd have to be a moron not to.

This is how a guy like RLM makes money, by purchasing quality domains that no one else finds through hard work and time invested, and I will say he does it quite well.

Exactly, which is why for many domains I try not to use a system that gives away my research by sending them all to open auction.

Eby · Sep 17, 2023

rlm said:
Exactly, which is why for many domains I try not to use a system that gives away my research by sending them all to open auction.

My stance too. If one can't spend the time to do the hard work, then.... I don't know what to say. Meritocracy should be upheld in domaining too.

silentg · Sep 17, 2023

I'm not in favor of this change. It raises the cost of acquiring domains higher, a situation I frequently encounter in other auction platforms that have public auctions. Only benefits those who don't do research and join the auction last minute.

FM · Sep 18, 2023

Eby said:
@FM So what happened to the test auction? I thought the night owls would be up bidding. But the system didn't even allow any of us to bid and it was a waste of time trying to stay up. The initial bid was accepted and I have a confirmation. But I could only grab a screenshot of the "invalid domains" prompt at closing time. Was it an effort to check if people are awake at midnight?

test.ca was just added for testing purposes and was removed today. It's not actually dropping.

DomainRecap said:
If WHC ever fixes their sorting mechanism so that everyone can't see what domains have live bids (like CD, it should all be behind the scenes to balance out the business-consumer scales a bit) I might give this new WHC system a try to see how it all comes together or conversely, falls apart.

A fix is in the works and should be live this week.

DomainRecap · Sep 18, 2023

FM said:
A fix is in the works and should be live this week.

Thanks and I'll test the system every morning to see when it's safe to bid.

DomainRecap · Sep 18, 2023

silentg said:
I'm not in favor of this change. It raises the cost of acquiring domains higher, a situation I frequently encounter in other auction platforms that have public auctions.

But that's only over the short term, as the market will always equalize.

I don't see a recent jump in .CA retail sales, so any spike in wholesale prices from "open auctions" will be short-lived.

Eby · Sep 18, 2023

FM said:
test.ca was just added for testing purposes and was removed today. It's not actually dropping.

@FM But, when WHC listed it as a Live Auction, one would consider it to be a real auction.
Why then it allowed us to bid on it? I received a confirmation too. At no point, it hinted at being a test. That's poor coding. I am sure it could have been done more efficiently. I had to sacrifice 4 hours of my sleep that night trying to bid on that auction.. LOL

FM · Sep 18, 2023

Eby said:
But, when WHC listed it as a Live Auction, one would consider it to be a real auction.
Why then it allowed us to bid on it? I received a confirmation too. At no point, it hinted at being a test. That's poor coding. I am sure it could have been done more efficiently. I had to sacrifice 4 hours of my sleep that night trying to bid on that auction.. LOL

My apologies. I believe it was on oversight on our part that it wasn't removed when we went live with the changes. It was in no way designed to keep anybody up.

DomainRecap · Sep 18, 2023

Eby said:
@FM But, when WHC listed it as a Live Auction, one would consider it to be a real auction.
Why then it allowed us to bid on it? I received a confirmation too. At no point, it hinted at being a test. That's poor coding. I am sure it could have been done more efficiently. I had to sacrifice 4 hours of my sleep that night trying to bid on that auction.. LOL

You sucker!!

Hey, I have a really nice bridge for sale if you're interested. One owner.

Eby · Sep 18, 2023

DomainRecap said:
You sucker!!

Hey, I have a really nice bridge for sale if you're interested. One owner.

Might..who knows.. now????

MapleDots · Sep 18, 2023

I saw the test.ca domain but figured it was a test of the new system, but if someone did not read here on the forum they could easily have missed that.

In the future may I suggest you use

testingthrowawaydomainthatnobodyshouldorder.ca

if anyone orders that they only have themselves to blame

mcm · Sep 18, 2023

DomainRecap said:
These "open auctions" reward the lazy and punish the hard working, so the hard working domainer is forced to adapt to protect himself and his valuable data.

Change is a part of life. It sounds like he should adapt to protect himself and his valuable data.

DomainRecap · Sep 18, 2023

mcm said:
Change is a part of life. It sounds like he should adapt to protect himself and his valuable data.

Obviously he will adapt as will anyone who takes the TBR seriously. After all, you can't just give away all your time and effort to the rummies.

I'm always testing the various platforms and seeing what I can get away with and what I can't.

For example, one week during the most recent .CA sale I didn't pre-order anything that week just to see what would happen - I lost a few but some others fell through the cracks that I hand-registered $2.99 and I've already sold one of them. I think it was a valuable experience yielding data for the future.

Backorders become Auctions at WHC (beta) (1 Viewing)

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