Comments on: Another Million Dollar Site Scheme http://www.chefpatrick.com/another-million-dollar-site-scheme/ Wed, 08 Feb 2012 19:27:35 +0000 hourly 1 http://wordpress.org/?v= By: DNUnderground.com http://www.chefpatrick.com/another-million-dollar-site-scheme/#comment-1526 DNUnderground.com Fri, 09 Jan 2009 04:16:38 +0000 http://www.dnkitchen.com/?p=1118#comment-1526 A good idea, these types of schemes are always profitable. Some people on the internet are clueless these days :) A good idea, these types of schemes are always profitable. Some people on the internet are clueless these days :)

]]> By: David http://www.chefpatrick.com/another-million-dollar-site-scheme/#comment-1369 David Fri, 02 Jan 2009 04:29:57 +0000 http://www.dnkitchen.com/?p=1118#comment-1369 There was a interesting article by Ian Ayres in the New York Times in mid-December about this very topic. http://freakonomics.blogs.nytimes.com/2008/12/16/an-all-pay-auction/ KingoftheBill.com ran a similar auction format in 2007 and the bidding maxed-out at $105.00 (if you assume the bids were legitimate). If that bidding gets to that point, this could be pretty interesting. There was a interesting article by Ian Ayres in the New York Times in mid-December about this very topic.

http://freakonomics.blogs.nytimes.com/2008/12/16/an-all-pay-auction/

KingoftheBill.com ran a similar auction format in 2007 and the bidding maxed-out at $105.00 (if you assume the bids were legitimate). If that bidding gets to that point, this could be pretty interesting.

]]> By: Chef Patrick http://www.chefpatrick.com/another-million-dollar-site-scheme/#comment-1368 Chef Patrick Fri, 02 Jan 2009 03:13:43 +0000 http://www.dnkitchen.com/?p=1118#comment-1368 i'm assuming if you wait two weeks and then bid the counter will start over again. but sure, you could wait til april 10th. i think most people put up links just for traffic. there has been a lot of traffic to the site and even myself have clicked links out of curiosity. i’m assuming if you wait two weeks and then bid the counter will start over again. but sure, you could wait til april 10th. i think most people put up links just for traffic. there has been a lot of traffic to the site and even myself have clicked links out of curiosity.

]]> By: DomainOfferings http://www.chefpatrick.com/another-million-dollar-site-scheme/#comment-1367 DomainOfferings Fri, 02 Jan 2009 00:48:54 +0000 http://www.dnkitchen.com/?p=1118#comment-1367 Would not every one wait until the last minute 2 weeks after each bid or the last minute on April 10th? If someone has bid today there is no reason for anyone to bid for another 2 weeks, right? It doesn't seem like the bids would go up very high at 1 cent increments (or I could have misunderstood the way it works). Would not every one wait until the last minute 2 weeks after each bid or the last minute on April 10th? If someone has bid today there is no reason for anyone to bid for another 2 weeks, right? It doesn’t seem like the bids would go up very high at 1 cent increments (or I could have misunderstood the way it works).

]]> By: idn http://www.chefpatrick.com/another-million-dollar-site-scheme/#comment-1361 idn Thu, 01 Jan 2009 19:43:01 +0000 http://www.dnkitchen.com/?p=1118#comment-1361 It's easy to find where you got the idea from. I am also working on something similar since I knew about entertainment auctions. You know what I am talking about, right?! ;) It’s easy to find where you got the idea from.
I am also working on something similar since I knew about entertainment auctions. You know what I am talking about, right?! ;)

]]> By: John Motson http://www.chefpatrick.com/another-million-dollar-site-scheme/#comment-1360 John Motson Thu, 01 Jan 2009 19:02:42 +0000 http://www.dnkitchen.com/?p=1118#comment-1360 Hi guys, I appreciate the interest shown in the mystery domain auction. I would like to clarify something: noone will have to pony up a $1000 or $10,000 for the mystery domain name. As explained on the front page: "f you are the last bidder standing, you will win the mystery domain name valued at $10,000 or $10,000 in cash regardless of whether your bid was $0.10 or $10.23 or anything else." Also: "What is the mystery domain name? The mystery domain name is a .com domain name that recently appeared in a domaining meet live auction catalogue valued at over $10,000. The domain name will be revealed on day 50 of this 100 day auction." So, if the last bid standing is say $37.45, the last bidder will win the domain name or $10,000 in cash - their choice. The mystery domain name was valued at $10,000 by a recent live auction meet catalogue. I hope that clears things up. John Hi guys,

I appreciate the interest shown in the mystery domain auction.

I would like to clarify something: noone will have to pony up a $1000 or $10,000 for the mystery domain name.

As explained on the front page:

“f you are the last bidder standing, you will win the mystery domain name valued at $10,000 or $10,000 in cash regardless of whether your bid was $0.10 or $10.23 or anything else.”

Also:

“What is the mystery domain name? The mystery domain name is a .com domain name that recently appeared in a domaining meet live auction catalogue valued at over $10,000. The domain name will be revealed on day 50 of this 100 day auction.”

So, if the last bid standing is say $37.45, the last bidder will win the domain name or $10,000 in cash – their choice.

The mystery domain name was valued at $10,000 by a recent live auction meet catalogue.

I hope that clears things up.

John

]]> By: Tony http://www.chefpatrick.com/another-million-dollar-site-scheme/#comment-1359 Tony Thu, 01 Jan 2009 18:49:05 +0000 http://www.dnkitchen.com/?p=1118#comment-1359 Who determines the value of the domain? If it's really estibot (I love it and have nothing against it), but I see expired names valued at $20-30k by estibot go for $1-2k all the time. If that's the case, I'd rather keep my hypothetical $1k and have 100% certainty of getting my own "$10,000 name". It's an interesting idea though and it will be fun to see how it turns out. A real possibility however is the site not being able to cover the $10,000 giveaway. Who determines the value of the domain?

If it’s really estibot (I love it and have nothing against it), but I see expired names valued at $20-30k by estibot go for $1-2k all the time. If that’s the case, I’d rather keep my hypothetical $1k and have 100% certainty of getting my own “$10,000 name”.

It’s an interesting idea though and it will be fun to see how it turns out. A real possibility however is the site not being able to cover the $10,000 giveaway.

]]> By: Jamie Parks http://www.chefpatrick.com/another-million-dollar-site-scheme/#comment-1358 Jamie Parks Thu, 01 Jan 2009 18:39:07 +0000 http://www.dnkitchen.com/?p=1118#comment-1358 I think he's on to something. The site is simple, fast and it works. Wonder if he's gonna use estibot to validate the value for his $10,000 domains? ;) Either way it's definitely an interesting game to play. Mystery is fun especially if what is behind the curtain is some serious shit. In the end that's what will keep people tuning in and playing. Send the kid to TRAFFIC already! I think he’s on to something. The site is simple, fast and it works. Wonder if he’s gonna use estibot to validate the value for his $10,000 domains? ;)

Either way it’s definitely an interesting game to play. Mystery is fun especially if what is behind the curtain is some serious shit. In the end that’s what will keep people tuning in and playing.

Send the kid to TRAFFIC already!

]]> By: BobWhite.me http://www.chefpatrick.com/another-million-dollar-site-scheme/#comment-1357 BobWhite.me Thu, 01 Jan 2009 18:35:49 +0000 http://www.dnkitchen.com/?p=1118#comment-1357 One heck of an idea! Wish I had thought of it first. Maybe if he hits that one million mark he can have a contest to take some of us with him, first class all the way. :) One heck of an idea! Wish I had thought of it first. Maybe if he hits that one million mark he can have a contest to take some of us with him, first class all the way. :)

]]> By: PrizeLive.com http://www.chefpatrick.com/another-million-dollar-site-scheme/#comment-1355 PrizeLive.com Thu, 01 Jan 2009 18:32:14 +0000 http://www.dnkitchen.com/?p=1118#comment-1355 I'm anxious to see how it will do! I’m anxious to see how it will do!

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