Currency: if an auction is listed in another currency, does it stop you from bidding?

italiandragon · May 17, 2008

Currency: if an auction is listed in another currency, does it stop you from bidding?

Example:

There is a LLL.com right now at Sedo listed in EUROs.

I prefer Euros because I have a bank account in Euros too but somewhat I had the impression that some buyers avoid to bid if they are not familiar with the other currency despite SEDO provides a currency convertor right there.

What do you think and how do you behave in those cases?

Thanks

mojoco · May 17, 2008

We are in a global business. It's generally USD GBP or EURO's. For me personally I do a rough mental calculation and bid accordingly. My guess is that most people do the same.

rjs_essex · May 19, 2008

Hey Lorenzo,

I bid whatever the currency... makes no odds to me - a bargains a bargain!

Rich

accelerator · May 19, 2008

I don't mind buying in any currency.

However, when I'm selling, I will price in what I think is the best currency for the domain I'm selling, e.g. GBP for .co.uk and USD for .com on the basis that it might help with the sale.

Rgds