Comments on: Disclaimers, Disclosures & Conflicts of Interest

By: Adam

Adam — Tue, 10 Mar 2009 18:12:34 +0000

Jon
Everyday for the past 7+ years SnapNames has proven your theory wrong.

By: Jon V

Jon V — Tue, 10 Mar 2009 18:07:53 +0000

Auction promoters need to be honest and say that if you list a good domain with low reserve, 19 times out of 20 it will sell at this low reserve with no bidding war.

The problem, or should I say the bad faith is when auction promoters keep talking about how low reserves on good domains result in bidding wars, while they know full well that that bidding war will only happen one time in 20.

By: Adam

Adam — Tue, 10 Mar 2009 01:48:45 +0000

Jon V,
“urges to list good domains on auction with low reserve. We all know that 19 times out of 20 that good domain will sell at the low reserve with no bidding war.”

Ok I get it. The auctions should continue to list overpriced domains that get 0 bids, rather than getting 19 out of 20 domains sold. If nobody is bidding at a lower reserve, they aren’t going to come beating down the doors at the higher reserves.

By: Jon V

Jon V — Mon, 09 Mar 2009 21:21:05 +0000

I think the biggest conflict of interest is when some “famous” domainer (I have seen several do that) urges to list good domains on auction with low reserve. We all know that 19 times out of 20 that good domain will sell at the low reserve with no bidding war.

Auction promoters need to be honest and say that if you really need the money, you need to put a good name on auction cheap and accept that it will sell cheap.

All the fluff about how low reserves encourage bidding wars really hurts credibility of whoever says it.

By: Elliot Silver

Elliot Silver — Mon, 09 Mar 2009 20:38:20 +0000

@Borat;s Sister – I am honored to have zee best prostitute in all of Khazikstan writing on my blog.