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!

ICANN Approval for .BIZ and .INFO to limit domain tasting?

In order to limit domain tasting incase of .BIZ and .INFO TLD's. The respective registries made a proposal for changes in their registry contract. They requested with a set of modifications to ICANN, a few weeks ago and the modifications were approved and from now onwards none of the registrar cannot freely delete more than 50 Domain names (or) 10% of domain names "Which ever is greater" registered through them in these TLD's per month. There is no such statement added regarding the refund of registration fee for deleted domain names.

The AGP (Add Grace Period) is the time granted for .com domains to delete and get full refund with in 5 days (maximum). Most of the registrars used this to generate a lot of funds by placing adsense for domains to earn even in millions. Termed as domain Tasting. A law suit was filed against Google and ICANN and at the same time Google updated its policies for adsense on domains they added few terms as such no ads will be provided for domains of age less than 5 days and ICANN introduced a fee if the domains deleted and deletion will not be more than 10% when asked for refund. and a small fee is charged for deleting domain names to limit domain tasting

Now the same situation of domain tasting is followed by registrars in other extensions. As .com tasting is limited the registrars jumped in to other extensions like .info and .biz. They started to register a lot of domain names and delete them if they didn’t satisfy parked earnings, the same with 5 days. It creates an unnecessary confusion for real buyers, as the domain not available for registration five days ago is still unregistered. Is there any fault in registry database (or) any scam to suck funds from them like that, These tasting registrations are useless and causes unnecessary load on registry databases. ICANN tries its best and acts fast in this regard to limit Domain Tasting.