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Re: How to Snatch an Expiring Domain
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multippt
 
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Re: How to Snatch an Expiring Domain - 10-01-2007, 05:47 AM

Quote:
Originally Posted by hydroburn
LOL ... $369? how come its so expensive?
The buyer of the domain bid for the domain at $369...
Quote:
Originally Posted by source
True to form, Pool.com’s auction system squeezes even more money out of you by making sure the auction doesn’t end if there’s a bid in the last five minutes. In that case, the auction time keeps extending by five minutes until there are no more bids.
I could try one of two things: Bid high and bid early in an attempt to scare off the other guy, or lull the other guy to sleep by doing nothing until the last 6 minutes. I chose the second method since the ending time was 8am on a Saturday… a time when many people are not in front of computers. I set four alarms for 7:45am Saturday morning, woke up on time, and placed my bid for $500 when the countdown clock hit 6 minutes.
The system immediately auto-upped the current bid to $369 and I was the leader. Six nervous minutes, fifty browser refreshes, and a thousand heartbeats later, my opponent was nowhere to be found and the domain was mine… ready for immediate transfer to Dreamhost, my hosting company of choice.
Trivia:
*The story is more than 2 years old.
*The site that the person bid for indeed is valuable, and saw potential in it. Have you heard of... newsvine?

Last edited by multippt : 10-01-2007 at 05:51 AM.
   
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