Looks like the bidder is entering higher and higher prices to try and see if he can meet the reserve.
Hiya @Hay Yep, the reserve has not been met. Once the reserve has been met or if the auction has no reserve, the bidder can still increase their maximum bid. This would be their proxy bid. It wouldn't be shown as a bid until someone else invokes their proxy bid. Cheers, Colin
@lazarus ahh right, to be honest, i didn't see the reserve until the others pointed it out, ive not used flip yet and see that domain in the widget on acorn.. when i clicked the domain it took me to the auction page and i see the same bidder 3 times so i was like "im sure that isnt right lol"
@Hay Thanks for highlighting anyway, just in case it was something freaky going on. Good to hear the side links are getting clicked on
At a guess; The buy submitted a bid, it didn't meet the reserve The buyer upped their max bid, and it didn't meet the reserve The buyer upped their max bid, and it didn't meet the reserve [edit] My response was too late!
Me: "Based on the current list of domains in auction, pretty much." - Which was about 90-100 domains with nearly all of them having no bids or bids around £10. You: Puts a screenshot of 10 finished auctions. Even so, the average value of those domains in that list is £263. How can anyone argue they're high quality domains when selling for so little. That doesn't add up. If you remove the helptobuy.uk domain (which may be a outlier because of the other helptobuy domain that sold recently), the average value is £177 - That's a sign of the low quality nature of the domains sold.
Or, it's a sign that there isn't enough traffic going through Flip yet. Do you think these domains would have sold for more at DL, right now? Probably. Because they're in front of more eyes. This won't be the same in a years time.
You said 99.9% of the domains listed are garbage. I was pointing out the fact that there are quality domains auctioned on flip. At least the top 5 in that list finished today so technically at least 5%
I do agree with you on that point. They wouldn't have gone for more than double though. They're just not high quality domains. Do they have some value, yes. Don't get me wrong. Just not a lot; due to their quality.
If you think a quality domains are selling on a marketplace populated by domain investors, for £200 or on average (from that list), then people are just kidding themselves. Have very little value? Yes. High quality, no. Just to note, I'm not hating on Flip. I wish it would be successful because I prefer the site overall. Just feel like it would be better off having quality control somehow.
Another way to look at it is how did the domains even achieve that price for a Domain Auction house that if compared to a human would still be in the hospital getting post-birth checks and possibly some milk. This thing is like 5 mins old. Imagine when it's a toddler...
As separate matter type: "Flip Domains" "Flip Domains UK" First Page "Flip Domain Names" "Flip Auction" "Flip Domain Auction" How Google can continue to describe itself as a search engine is something that continues to mystify me. It more like AOL via the backdoor an augmented world than anything like a search engine.
Let's compare to the this afternoon's sales on DL: Domain sold Sold For Bids Ended At munchbox.co.uk £50 1 12-10-2020 19:10 premium.org.uk £50 1 12-10-2020 18:50 bigdata.org.uk £60 2 12-10-2020 18:49 PhoneNumbers.uk £60 2 12-10-2020 16:30 UsedCarWarranty.uk £50 1 12-10-2020 16:20 ComparePaydayLoans.co.uk £100 7 12-10-2020 16:09 ello.co.uk £420 25 12-10-2020 15:22 Moorhen.uk £50 1 12-10-2020 15:20 splat.uk £79 5 12-10-2020 14:40 Subscribing.co.uk not sold 2 12-10-2020 14:30 fugly.uk £50 1 12-10-2020 14:25 LondonRentals.uk £50 1 12-10-2020 14:25 inline.uk not sold 3 12-10-2020 14:15 RemortgageCalculator.uk £50 1 12-10-2020 14:10 mesh.uk £143 10 12-10-2020 14:00 Average sale: £89 (excluding not sold) So, flip.uk is doing nearly double without including the helptobuy outliner...
I don't understand on the basis of which characteristics a domain can be defined as garbage. Surely the quality of a domain depends on many, more or less, evaluable factors but, don't get me wrong on this, I think the real value of a domain depends on the quality and the potential end use that the buyer attributes to it. Anyway, there are definitely domains that are worth more than others, that's for sure.
You're right, I should compare apples to oranges, because this afternoon DL must have had "pure and utter garbage". If you think DL gets higher prices, how about you put your money where your mouth is, and buy a domain on flip.uk and then put it up for auction on DL with no reserve, and then prove me wrong.
