Comments on: Auctionpus.com Is Now LIVE – 8 Auctions Per Day – No and Low Reserves

By: Cummins Generators

Cummins Generators — Sat, 04 Sep 2010 08:41:11 +0000

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By: self defense weapons

self defense weapons — Tue, 01 Jun 2010 11:26:52 +0000

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By: rmg

rmg — Mon, 10 May 2010 11:48:29 +0000

Oh, yes…

Ok, I know that… I thought that the bid that was covered by the proxy bid would appear in the History too.

Sorry and thanks for the explanation.

By: Andrei

Andrei — Mon, 10 May 2010 11:09:24 +0000

@rmg: as explained on the FAQ section of Auctionpus.com, it’s a proxy bidding process. As a bidder, you enter your maximum bid and the system will bid the minimum amount necessary for you to become the winner of an auction on your behalf.

In our case, bidder 7 entered his maximum bid and the system placed a $554 bid on his behalf, the minimum amount necessary for him to become the leader. Then, another bidder placed bids which were BELOW the maximum bid of bidder number 7. That’s why you see the system entering $1010, $1510 and $1760 bids for bidder number 7. It’s because another person has placed a bid which was BELOW the maximum bid of bidder 7, so the system placed a new bid on his behalf representing the minimum amount it takes for him to remain the leader.

Proxy bidding is used by all major auction sites and represents the best possible bidding system IMO.

By: rmg

rmg — Mon, 10 May 2010 09:40:38 +0000

PAXE.com is at 1760$…

Bidder 7 made the last 4 bids? Hummmm

By: Paul

Paul — Mon, 10 May 2010 06:00:41 +0000

Nice idea.

My first thought was that your biggest problem will be that you get flooded with submissions, and will have to resist the temptation to ramp up the number of auctions. But if you consistently only select the best then maximizing your profit will take care of itself. And 8 feels like a good number, with a natural brand.

Great idea!

(I totally agree with Nick about the ridiculous women all over the Sedo site)

By: Nick

Nick — Fri, 07 May 2010 22:26:14 +0000

It’s easy to act brave like Tjt if you are hiding behind a computer screen. Anyone can hate like him but few can take risks and be successful at it which is what Andrei is doing. Instead of making snide remarks, someone like Tjt would be better off learning from people like Andrei. And to say that snookerblog.com is not a great domain is beyond stupid. Has this Tjt guy ever sold a domain before? Your selection has been great, keep up the good work Andrei!

And as a blogger, leaving Tjt’s stupid comment up rather than deleting it was a classy gesture, it shows that unlike most people you actually have balls.

By: Andrei

Andrei — Fri, 07 May 2010 20:47:50 +0000

@Tjt: yeah, you’re right. SnookerBlog.com sucks, who wants to start a blog about snooker anyways? It’s not like it’s one of the world’s most popular sports or anything. Oh wait, it is! /sarcasm

By: Andrei

Andrei — Fri, 07 May 2010 20:46:45 +0000

@KD: it’s something that needs to be implemented in order to weed out crappy domains on the one hand and domains with ridiculous reserves on the other. Since only 8 domains will be receiving exposure, I need to make sure that those submissions are actually worth it.

By: Tjt

Tjt — Fri, 07 May 2010 20:35:19 +0000

Is this a joke?snookerblog?? These names suck!