I say this to the overpriced names: FINE BY ME! 2 of the only 4 names so far with bids, FreeBlackjack.net and CasinoNews.net, are mine, PROBABLY because I priced my names reasonably. I bet if the better names in the auction were priced reasonably too, I probably wouldn’t be seeing any action at all. My advice to you all is to just ignore those mirages and find the names that are reasonably priced. That’s what domain buying is all about anyways…we’re always bombarded with really good names that are generally really overpriced.
Monte, you might want to hold a live auction as well next time. Besides the excitement it brings, the most important thing it causes is lowering of reserves, as people want their names to reach the live auction vs. the silent auction. For what it’s worth, I was hopeful to see some more action this time since there was no live auction to take away the excitement of the silent auction bidding, but the high reserves seem to have counteracted that. I’m sure you guys wound up being forced to accept a lot of them just so you could have a full auction…I personally don’t think they intentionally ignored the high prices.
Anyhow, good luck to everyone! If anyone has any domain related questions they want to ask like why something may be valued higher or lower than they think, shoot me a PM or something and I’ll help you out.