Nothing is fair about the dropping domain world. Get your crumbs while you can.
It sounds like Godaddy is doing what ever they want to. It does not hurt their bottom line to have deadbeat bidders...this dude/dud could have just come up short on 30 other auctions making godaddy a few K...he may just be someone playing around and bidding people up....do you really think Godaddy would even suspend someone like this? It would be good to try to keep a list of these types...I think someone tried to do that with namejet deadbeats & Shillers.
One thing that makes no sense to me is the newbies (I am guessing) who put in a bid on a name right away so the whole world can take advantage of their research....they have to know that they will never get the name that way...
Actually, they do.
When I've won names on there and not paid straight away, they automatically bill my paypal account after about 3 days. One time I was taking a break for a few days - I'd won a name and expected them to do what they've done in the past, just automatically take the money. This time they didn't. I came back to find my TDNAM account suspended instead of the domain in my account. My fault, but some consistency wouldn't hurt.
I explained what happened and re-opened my account. All names won now get paid straight away.
---------- Post added at 02:54 AM ---------- Previous post was at 02:50 AM ----------
Except that a dishonest bidder artificially raised the price. I'm not saying that it's right for the zurc.net to have to pay $72, but an argument can be made that GoDaddy shouldn't have to lose out on potential revenue due to non-paying bidders. It's their platform, so one would expect this to be their tone.
---------- Post added at 02:32 AM ---------- Previous post was at 01:50 AM ----------
That is odd; GoDaddy support is hit or miss.
Godaddy are selling something that doesn't belong to them anyway - forget about them losing out on revenue. AND, they charge you the full 12 months renewal on the domain but by the time it's in your account there's only approx 11 months reg left; they've had the benefit of the rest of the time pointing the name to their landers.