Competitive Registration Service

[findtim]

Ah so it's a blind bidding system like NF but with first bid in rights at each price level. Cheers Erhan.

It starts at $25 now and doubles each time along the lines of

$25
$50
$100
$200
$400
$800
$1600
$3200... etc

yeh, i think only 1 person can bid a price, once its taken thats it, you have to go up a level.
funnily i suspect and maybe DS can clarify is if i place my first bid at $400 then someone can place a bid at $200 because that slot hasn't been taken, but in reality........ you're not in the race !
i haven't used it but thats what i am guessing from what i have heard.

tim

 

[Bacon Farmer]

I thought if I put a bid in at level 1 then the next bidder would have to put a bid in at least at level 2. However as it's blind then they don't even know if a level 1 bid has been made already. I had assumed they would see this.

 

[Cooper Mills DomainLawyer]

I thought if I put a bid in at level 1 then the next bidder would have to put a bid in at least at level 2. However as it's blind then they don't even know if a level 1 bid has been made already. I had assumed they would see this.

if you put in a level 1, when another person tries to place a level 1, the system says 'already queued for another', so you know you have to bid higher

 

[James]

Tried this site today as I saw a domain I like, I signed up last week. I missed out to someone budding on Netfleet higher.