While that price seemed outrageous the auction has gone higher and now sits at $99,999 and closes today.
GoDaddy educated everyone on the Dispute.com auction how fast payment needs to be made. This is the best case scenario closing on a Monday, so do you think this auction will get paid in full?
Update: I reached out to Joe Styler on Namepros and he posted:
We verify all bids especially high value ones. There’s two bad bidders on this auction. The bidders were banned from bidding again and other more secure steps were also taken but the bids were not cancelled as normally immediately follows. I can see we pretty much knew right away the bids were bad and then took action on any related accounts days ago. Normally bids are removed when we find a bad bidder immediately following us taking steps to make sure they cannot bid ever again on the auctions. This time the bidder wrote in once he realized he could not bid anymore and said he would send us payment for the amount up front to prove he’s legit. That seems to also be false so we are walking back the bids. There’s a similar situation with the other bidder. Bottom line we were watching this auction closely as was everyone else.