01 Jul '11, 1am

Domaining.com’s CAX.com to Start Rewarding Bidders

No bueno on the 2% for the second highest bidder. I have a special skill and I’m sure others do too at being second highest. Especially easy to do if you know the bidder handles of those you are up against. Good for me, bad but really shady otherwise. And every time you drive up the price higher for the person who will eventually win them you are just increasing your payout from the 2%. So you may win some domains by accident sometimes, big deal, a calculated risk to be added into the formula for 2%-jacking auctions. People will be bidding just for the money. Cool though if two bidders are duking it out up to $10k and you come and bid $100 more then one of the others outbids you by $100 and wins. You just earned $200. Do that 5 times a day, now $1k. 2% for the first bidder is a bit shady too, though passable I think. So take a domain that you know will sell at auction for ...

Full article: http://domainnamewire.com/2011/06/30/domaining-coms-cax-c...

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