No Russian IDNs really going for alot on IDNF ........ but on snapnames jeeeeez

[IDNCowboy]

!!!!!!!

[touchring]

Yes, actually, Snap's a bad place to acquire names. Many have been burnt. :o

[bwhhisc]

Yes, actually, Snap's a bad place to acquire names. Many have been burnt. :o

Can you elaborate on that?

[touchring]

There's lots of ego involved in bidding, many bidders just can't lose. A name is just a name, but people get emotional - i just let go, i can find better names at better price.

[Giant]

There's lots of ego involved in bidding, many bidders just can't lose. A name is just a name, but people get emotional - i just let go, i can find better names at better price.

I don't think so. You can find a lot of experienced domainers there, including our own Drewbert :)

[IDNCowboy]

I don't think so. You can find a lot of experienced domainers there, including our own Drewbert :)
Bidding is fierce

[touchring]

I don't think so. You can find a lot of experienced domainers there, including our own Drewbert :)


Yes, agree, but even Drewbert feels that letting snap earn excessively is really a stupid thing. A smart businessman is one that minimises his costs, and not one that flaunts his wealth. Hehe, Drew is strangely quiet these days.

[alpha]

Bidding is fierce

It is. But you need to bid with your head and not your ego.

[IDNCowboy]

It is. But you need to bid with your head and not your ego.
whatcha mean

[Drewbert]

Yeah.

If you're fairly sure you can on-sell a name at $50000 quickly, then by all means bid one up to $5000.

But I'm in it for long term revenue, so the more I pay for a name, the longer it takes to get it out of the red and into the black.

And that hurts my scottish genes severely.

[alex]

I don't know if it's true or not, but I read a post by someone on one of the ASCII forums a while back that said he couldn't sell his domain after months of listing it a low $XXX, so he dropped it. Then it went for $X,XXX in the drop auction. He said he wishes he could sell all his names at drop prices.

[touchring]

I don't know if it's true or not, but I read a post by someone on one of the ASCII forums a while back that said he couldn't sell his domain after months of listing it a low $XXX, so he dropped it. Then it went for $X,XXX in the drop auction. He said he wishes he could sell all his names at drop prices.


Hehe, you know what, i was thinking about it - how to sell at drop prices.

[thegenius1]

There's lots of ego involved in bidding, many bidders just can't lose. A name is just a name, but people get emotional - i just let go, i can find better names at better price.


That is why one of my Best Ascii domains is LiveDNA.com was planning on opening a Live Domain Name Auction site prior to IDN's not sure if i will ever get around to it. But the plan was to benift from the ego's because Live Auctions are like a manly sport they are far more competitive and intresting then lets say your typical ebay style auction


Most likely wont get around to running it

LiveDNA.com x,xxx offer via pm w/ Biz Plan

[Drewbert]

Yeah. If I could run all my ascii names through snap as drops and get a decent %age from Snap for doing so, I'd have a crap load of money to play with.

[Rubber Duck]

I think one of the reasons in the ASCII market that things get a lttle competitive is that Snapnames gets out their to end users. These guys turn up with one purpose in mind and know exactly why they want the domain.

[alpha]

It's not just about the money though... Russian names got a real bad name for themselves on IDNF, plus if you add in the complication over the Russian language that we westerners just can't seem to figure out ("of... " or "is....") etc...

when you see a name in an auction that native Russians are bidding for - theres no wonder it creates a stir. It might as well read "100% translation guaranteed".

[burnsinternet]

Buyer beware! :p