Any idea who bought Rio.com, Boy.com?

Boy was on our radar.
Had the top proxy bid and then backed out after the $35K range.

At $45K it’s a deal.

I quit because I figured it would go $75K+

@yanni at First GolfClubs.com was marked as sold and then they changed it to pass…

@mmm9: According to sources on the ground Ken Levenson bought rio.com. He also owns audio.com and vibrator.com

@mmm9 the whois will reflect the owner in a few weeks

Rick just so you know golfclubs.com was briefly showing on proxibid as SOLD
Thanks

Reports from the show are that Ken Levenson bought Rio.com

reports from show floor Rick Schwartz buyer for iAuction.com at $50k

Extended Auction will have great domains like Stream.mx with incredible reserve prices!!!

Kudos Rick job well done,I think the show is going smooth and it’s looking very positive for the future of domaining.

Looks like it was a well run auction, but a lot of crap in the auction, I wish someone would run one of these auctions but with a quarter the names. This format wastes people’s time, and I’m sure people miss bidding because they’re tired of waiting on a name to come up.

@mmm9

I bought Boy.com

@DTalk what kind of domains do you normally purchase?

@Teeaeryc

“@DTalk what kind of domains do you normally purchase?”

Interested in selective quality .com at the moment

.

the RIO.com price seems too low if we consider that Brazil will hold the 2016 Olympics

.

“reports from show floor Rick Schwartz buyer for iAuction.com at $50k
”

Based on his track record for buying names at auction at least he wont lose that much this time.

“pretty grim, as expected”

Yup. Top five sales account for 70% +

I am English and watched most of the auction on the web. I found it pretty difficult to keep up with the auctioneer. English is my girlfriend’s 2nd language and she said she couldn’t understand a word. The transcript helped, but it seemed to be out of synch at times.

I wonder if a more sedate, fine art style auction might be better suited.

Ye, It was too noisy and difficult to understand. Does it has to be so noisy? People, this is not a fish market. I had hard time following it online.

Professionalism was missing! I hope Rick take not of this.

PS: Rio.com is worth more than 450k, congrats to Ken Levenson.

@TheDude: Flushot/s.com were only added to the action last minute.

And I didn’t know that New York City was on the Cocos Islands ;-)

“Worries about domain prices falling? Nah… other reasons I won’t divulge here.”

Got cognitive dissonance?

Believe me pal. You have no unique or profound insight to ‘not divulge here’. This is the chickens coming home to roost. The domain market for the past 4 years has been the quintessential, picture-perfect definition of a mania and mania behavior.

Is there value looking into the future? I believe so; a great deal, but right now, peoples pricing outlooks for web properties bear absolutely no relationship to real world selling prices, INCLUDING like we saw in this auction premium names.

The most dangerous manias are the ones that have an underlying component of legitimacy. Housing, domain names… Where there is intrinsic ‘value’ there, but pricing structures start to disconnect from fundamental value drivers. It’s what we saw over the past 4-5 years with domains, expect to see A LOT more auctions like this in the future.

@ The Dude (Stephen Douglas)

I have made plenty of money “selling my domains, bro” (and I’ll probably buy a few of the choicer ones back in the next few years for less than what I paid), so consider this as me talking directly to you.

The reason you ‘cannot divulge (it) here’ is because this magical insight doesn’t exist, or, is lame hypothesis that wouldn’t stand up the slightest scrutiny. “Yeah, well, what appears to be true before your very eyes ISN’T true, but I can’t tell you why… Just trust me… IT ISN’T TRUE!”

Lame, “bro”.

The domain game is an amazing space with virtually unlimited potential, but has become a roaring joke and in most cases, pretty much the picture-perfect definition of magic-bean trading (I would say Tulips, but Tulips never came with the dynamic of ‘hope’ that decent domains have)

At the end of the day, it all boils down to people willing to outlay their cash to purchase what you’re selling. Domains (99% of them) have become completely disjointed from this fundamental truism and operate in a perpetual ‘just round the corner’ fantasy, where liquidity and real-time prices are forsaken for some magical ‘tomorrow’ where they’ll sell for more. Classic mania behavior.

Good luck with your double-secret insight, though.