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Yogi 24 Auctions on domainlore

Discussion in 'General Board' started by DJ, Sep 12, 2020.

  1. signature

    signature Well-Known Member

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    Please people, there are more than one side to a story, we know the side of the seller selling off the domain they recently bought, we don't know why and speculating is just wrong.

    I have dealt with the seller and he has his reasons, he does not owe anyone any explanations.

    I don't see why this is an issue, people circumstances changes, no one knows what is around the corner and lets respect the sellers auctions please.

    Thanks
     
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  2. Domain Forum

    Acorn Domains Elite Member

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    IWA Meetup
     
  3. seemly

    seemly Well-Known Member

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    Whilst I don't disagree, I think it's valid to highlight and mentally flag oddities like this.

    By all means carry on about your business and part with your hard-earned if you feel so inclined, but there is nothing wrong with analysing the market and people being able to make their own informed decisions.
     
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  4. DJ

    DJ Well-Known Member

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    I originally raised this as it seemed a bit strange and I was concerned his account might have been hacked.
     
  5. signature

    signature Well-Known Member

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    Its odd because we don't know the seller, we assume fraudulent activities., this is not new. People buying asset and then dumping it for whatever reasons. All we are doing here is assumption.

    The only fact here is, someone bought loads of domain and now selling it few months later at a loss. This is the only fact, the rest is speculation/assumption. So, no, you are not making an informed decisions at all, you only have one fact and that's it, nothing else and this fact does not indicate anything other than that.

    I have read people saying money laundry or something to do with paying less tax or something sinister.

    Another example is the guy that setup .xyz, he bought loads of LL during the Nominet auctions and from few people, he came and dump them on Domainlore, some at 70% loss, while he was raising money to setup .xyz. In this situation, we know the reasons. While we don't know the reason why this seller is dumping the domain names he bought does not give us any right to be suggesting any fraudulent activities.

    People dump assets for many reasons, whoever bought them gets a bargain and they move on.

    I'm out on this thread anyway, good luck to you all and I hope none of you will ever find yourselves in a situation where assets of any kind does not matter to you anymore.
     
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  6. signature

    signature Well-Known Member

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    Understood, Domainlore and Nominet account would have to be hacked for domain to be listed on Domainlore and transfer out of Nominet.
     
  7. CatchDrop

    CatchDrop Active Member

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    Also because the domains don’t forward to the auction they seem to forward to spam websites
     
  8. DJ

    DJ Well-Known Member

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    Not necessarily if the buyer paid for the name directly via paypal or BT, no need for the domain to be transferred over if fraudulent. Obviously wouldn't be a problem if the buyer used an ESCROW service as the domain would need to be transferred.
     
  9. CatchDrop

    CatchDrop Active Member

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    It’s a shame you took so long to come forward, but I am glad you vouched for the seller and that there is nothing dodgy going on.
     
  10. signature

    signature Well-Known Member

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    Why is something dodgy is the assumption, why not, I hope the guy is okay? I don't have to know the guy, I would have said the same thing.

    I'm not here to defend the seller but I don't think the direction of this discussion is right either.

    Anyway, you guys can carry on, I'm out.
     
  11. CatchDrop

    CatchDrop Active Member

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    I don’t think it was assumed to be dodgy.

    It was simply due diligence, which wasn’t possible because of the sellers anonymity.
     
  12. WalkinDude United States

    WalkinDude Well-Known Member

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    This. Is. Bang. On.
    In fact, unless you absolutely minted there can be many times you have to sell at a loss to fund what you perceive to be a bigger/better opportunity and it's hardly a concept restricted to domaining.

    Surely when buying a domain name the idea is the buyer's perception is the domain is being undersold hence the value in it.
     
  13. ian

    ian Well-Known Member

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    If the greater concern is as the buyer, because the domains do not forward to Domainlore during the auction, I don't think it would be unreasonable to ask that he change the nameservers or another marker within whois to prove ownership, prior to making payment. Personally I think that all domains should point to the nameservers prior to start of auction; not sure why this isn't a thing.
     
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  14. Hay

    Hay Active Member

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    Yogi24 was the buyer of HelpToBuy.org.uk too at over 40 grand i believe
     
  15. DJ

    DJ Well-Known Member

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    Agreed, this was my concern to begin with.
     
  16. Jiblob

    Jiblob Active Member

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    Sounds quite straightforward to me...

    He was sat in one of the many bars.co.uk wondering whether to isofix.co.uk himself to his new domain investments and concluded bollocks.co.uk to that and that he's happy taking what he can get to helptobuy.org.uk a new warrior.co.uk costume instead.
     
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  17. newguy United Kingdom

    newguy Well-Known Member

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    That's back on there too now!
     
  18. newguy United Kingdom

    newguy Well-Known Member

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    I hope it sells for a decent amount. I wouldn't like to see someone lose out this like if your reading is accurate!
     
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  19. BG United Kingdom

    BG Well-Known Member

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    Hi Guys,

    I can 100% confirm that user Yogi24 is a genuine domainer as I've met him in person and been a friend of his for over 10yrs - He's a good guy, family man and also a member on this forum too. I have also acquired a number of domains from him too.

    Best,
    Barry
     
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  20. newguy United Kingdom

    newguy Well-Known Member

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    Nice one. Best of luck with the auctions, Yogi! :)