GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Have you experienced Pool's new 2-phase auction? IT SUCKS!

SomeCreep · 08-23-2004, 03:29 PM

Wow, I'm surprised at how much their new bidding system sucks. Basically, now their auctions have "2 phases". During phase 1, they capture the name and you make a sealed bid. You cant see what the current highest bid on the name is anymore, and you cant see what anyone else has bid. This phase 1 auction lasts for 3 days. Assuming your bid is within 20% of the highest bid, you then move on to phase 2 and have a day long auction with the highest bidders.

Laaaaaaame! Basically, people will now be overbidding like crazy, paying $5000 for a domain when the previous highest bidder was maybe only $200 (hence in the old auction system, the highest bidder would've acquired the domain for $210).

Comments and opinions?

08-23-2004, 03:29 PM
SomeCreep :glugglug Join Date: Mar 2003 Location: Where the Wild Things Are Posts: 26,118	Have you experienced Pool's new 2-phase auction? IT SUCKS! Wow, I'm surprised at how much their new bidding system sucks. Basically, now their auctions have "2 phases". During phase 1, they capture the name and you make a sealed bid. You cant see what the current highest bid on the name is anymore, and you cant see what anyone else has bid. This phase 1 auction lasts for 3 days. Assuming your bid is within 20% of the highest bid, you then move on to phase 2 and have a day long auction with the highest bidders. Laaaaaaame! Basically, people will now be overbidding like crazy, paying $5000 for a domain when the previous highest bidder was maybe only $200 (hence in the old auction system, the highest bidder would've acquired the domain for $210). Comments and opinions? __________________ Webair Hosting I use and recommend Webair for hosting.