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Tuesday, April 15, 2008

Hot News on Dollars.com !

Suddenly Last two bids (14th bid 500,000 Euro and 15 th bid 750,000 Euro - both bids are made by same bidder- bidder 10 ) for Dollars.com was cancelled and now current price of dollars.com is 300,000 Euro only. Now SEDO has changed in bidding place as "Reserve not met" 2d 5 hr remains for end of auction.

This affects both the value of the domain name and SEDO's reputation. It may be some fake bids (multiple bids 14th bid and 15th bid by same bidder) to raise the bid price. The fake bidder got afraid because he will be bind to pay if no further higher bids received. More over i am not able to understand how sedo allows like this (it will seriously affect the current domain owner)

If the same procedure is followed by (bidder 6 - who made a 13th bid of 300,000 Euro ) then the (11th bid 250,000 Euro and 12th bid 100,000 Euro - made by the fake bidder - bidder 10) what will be the position of the current domain name owner. How he will believe SEDO to sell domain names in his hand now. SEDO has to view this serious

Domain buyers and sellers have to view this point and make some reviews on this.
Who is the root cause for this problem?
Who are going to gain because of this scam? (either single person or multiple persons).
Who tries to scam whom? We have to think a lot to decide!

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