DNForum Sale Listed in DNJournal Top 20

[Rubber Duck]

I do not doubt your claims at all. Simply because I have no personal experience with the idn market.

Nor do I beleive you have to prove it again.

It bothered me to see someone voice their opinion and be asked to remove it or get threatened with legal action and a banning. That threat was way out of line imo. Maybe I am wrong but again it's my opinion.

His comments are way of line in my opinion, and he rightly pointed out I do have a vested interested. If anyone feels that have a right to malign my reputation or deliberately set out to damage my business by undermining the market in which I am trading, then make no mistake there will be consequences! I am sure the same goes for Bill Winans, Ron Jackson and many more! Those that feel they somehow immune to the consequences of their actions because they choose to hide their true identities be warned!

 

[TheLegendaryJP]

He never mentioned your name.

He offered his contact information to you via Adam.


While it is nice you want to protect your investments, you'll have to grow some thicker skin my friend.

Those that feel they somehow immune to the consequences of their actions because they choose to hide their true identities be warned

:fencing:

 

[Duke]

We required the parties involved to show proof of the sale price before reporting this sale. The buyer sent us a letter from his bank (on their letterhead) confirming the $10,000 was wired to the seller's account.

 

[Rubber Duck]

He never mentioned your name.

He offered his contact information to you via Adam.


While it is nice you want to protect your investments, you'll have to grow some thicker skin my friend.


:fencing:

This is B*llshit. The details of the sale are reported at DNJournal, where my details, those of the seller and those of the report writer are explicitly given. He is in my opinion accusing all three of us of colluding to rig a market in IDN names, simply because he has no concept of their true value. You want DCG opinion, go on ask him what he thinks this domain is really worth!

 

[TheLegendaryJP]

This is B*llshit. The details of the sale are reported at DNJournal, where my details, those of the seller and those of the report writer are explicitly given. He is in my opinion accusing all three of us of colluding to rig a market in IDN names, simply because he has no concept of their true value. You want DCG opinion, go on ask him what he thinks this domain is really worth!

Use private whois or dont report the transaction.

Many domain transactions are questioned on a weekly basis, nothing is new under the sun. Good Luck to you and the idn market in the future.

 

[Rubber Duck]

Use private whois or dont report the transaction.

Many domain transactions are questioned on a weekly basis, nothing is new under the sun. Good Luck to you and the idn market in the future.

Sorry, but are you now suggesting that I should hide my identity so that no one knows who potential allegiations relate to, so that it would make this kind of nonsense acceptable?

 

[richard]

"Indeed, let us resolve this by turning
this into an appraisal thread"...

Since pretty much every IDN speculator
on this forum owns idn.com let us not turn
this into an appraisal thread

I am currently in the process of contacting
Ron Jackson at DNJournal, as I want to know
exactly what 'proof' has been provided on this
sale (I have given Ron the thread for this url,
so he may post directly, but I will make sure I
keep the thread updated in any event).

I am sure everyone will agree that if we are
able to learn what the 'proof' is, then we can
all make a judgement on the validity of this
sale.

(I think 'proof' may mean different things for
different people here, but for me it just means
original bank account evidence that $10K was
actually paid on the date the sale was claimed
to have taken place; nothing more. If just that
proof can be forthcoming then, as I say, I will
retract my earlier comment unreservedly and
will no doubt look like the biggest putz that ever
walked the earth... I will live in domain name
purgatory forevermore...).

So it is just a bit of bank account proof that
we need then...

Richard

 

[Duke]

(I think 'proof' may mean different things for
different people here, but for me it just means
original bank account evidence that $10K was
actually paid on the date the sale was claimed
to have taken place; nothing more. If just that
proof can be forthcoming then, as I say, I will
retract my earlier comment unreservedly and
will no doubt look like the biggest putz that ever
walked the earth... I will live in domain name
purgatory forevermore...).

So it is just a bit of bank account proof that
we need then...

Richard

As I already stated above, the buyer sent a letter from his bank on their letterhead with the full wire details showing the money sent to the seller's account. I also emailed this information to your earlier this morning in response to your note.

 

[richard]

Duke, did you ever get to see any
'original' documentation referring to the
buyer and seller or was the info a copy
or sent by fax, etc..?

 

[Duke]

Duke, did you ever get to see any
'original' documentation referring to the
buyer and seller or was the info a copy
or sent by fax, etc..?

It was a copy of the document.

 

[TheLegendaryJP]

Sorry, but are you now suggesting that I should hide my identity so that no one knows who potential allegiations relate to, so that it would make this kind of nonsense acceptable?

I was done but....

If you do not want anyone to know your identiy as someone may dispute the validity, don't report a transaction publicly. Its that simple.

 

[TheLegendaryJP]

Oops. dp.

 

[richard]

Thanks Duke, that's all I need to know...

 

[Rubber Duck]

It was a copy of the document.

I believe the documenation, although a copy, included contact details with phone number at the bank in question for verification purposes.

Rubber Duck

 

[richard]

Oh right, ok... thank you.

 

[Duke]

Oh right, ok... thank you.

Richard, you owe Dave Wrixon (Rubber Duck) and especially Bill Winans (the buyer who provided the document) a very public apology. I spoke with the officer at the bank who handled this transaction: Jerri Witten, National Bank of South Carolina, Telephone number: 843-706-3113, and she confirmed the document is legitimate and that the $10,000 was wired to the seller's account. She also told me that she knows Mr. Winans personally and that he is a higly respected businessman in their community, not a person who deserves to have his name smeared on a public forum.

 

[Named]

Congratualations on the sale!

 

[touchring]

Congratualations on the sale!

Sorry, i think it's not 1 square metre for $10,000. That would buy slightly more than 1 square inch at the highest point. :-O

http://www.answers.com/topic/japanese-asset-price-bubble

No one should doubt this sale - the reason is simple - Bill got a good bargain.

 

[richard]

I don't believe anyone has been smeared
here, but I do want to say that it has never
been my experience for a banks member of
staff to confirm ANY details to a 3rd party,
regarding a client account.

So, I think my point again would be whether
this sale can be substantiated by an original
document.

Sorry to inadvertently drag you into this Ron,
as I know it has implications for your business
and the way you report domain sales, but in
the absence of an original (dated) document
from the bank I see no reason to apologise or
change my opinion about this sale in any way.

Regards

Richard

 

[bwhhisc]

I am not too sure about the legitimacy of this
sale; an idn.net selling for $10,000?! (when I doubt the .com is even worth $200...). Me thinks a little 'market making' could be at
work here (between buyer and seller) so as to try and kickstart an aftermarket in idn.com Richard

Richard- I'm the buyer, there was no BS or fraud here I assure you. You are just clearly misinformed about IDNs and this market. You have my permission to email or call our bank that handled the transaction. DNJournal required abolute proof of this transaction. For the record, I own over 400 International City IDNs, this is one we purchased to develop. The domain is NOT for sale, it is in the process of being developed and will be "online" within 45 days.

Here are the details of payment, email and phone number.
CONFIRMATION OF TRANSFER OF $ 10,000.00
FROM:
Jerri Witten – Loan Administrator
NATIONAL BANK OF SOUTH CAROLINA
3 Belfair Village Drive, Bluffton, SC 29910
TN: 843-706-3113 FAX: 843-706-3114
EMAIL: [email protected]

Date: 3/6/06
To: Bill Winans (dba idnbrokers.com)
RE: Wire to Spot Domain LLC DBA Domainsite.com
This is to confirm the NBSC wired $10,000.00 to Northern Trust Bank (ABA 122105210).
Account number 381100xxxx further credit to david @pi4.net-(dba-Chinese Domains, LTD).
The transaction number is 060307132240MV01.
Please contact me or Mary Vaux or I if we can be of further assistance.
Jerri Witten

VERIFICATION: You can also check the global whois and see that the domain is in our account.

WHY THE BANK SPOKE TO DNJOURNAL: We gave them permission to confirm the sale as it was to be published. We have a 15 year business banking relationship with National Bank of South Carolina.

SUMMARY: Richard, you are sadly misinformed about what is going on with IDNs. There are millions of websites in foreign languages with "english" urls and 85% of the world can't speak English! IDNs are piled up behind the "dam" and its about to break open and change the internet world! The only speculation with IDNs was "when" it would happen not "if". Those questions are now for the most part answered. I promise you I would not impune my reputation for a mere $10k, especially as we are putting our resources (and reputation) into our new venture idnbrokers.com.