fish: was just reading about halvarez
Don: crazy eh?
El-Bandolero entered the room.
El-Bandolero: wow @ snapnames
El-Bandolero: im shocked
fish: I’ve been hearing about “halvarez” for a long time
fish: people have suspected he was an employee
fish: and now it’s official
Peter: El-Bandolero: its only surprising that theyu have admitted it
Don: everyone who ever had to bid against him though… is getting a reasonable return on their money for the names they won… screwed out of names lost to him though.
El-Bandolero: //15
coreyg: halvarez is who?
El-Bandolero: check out the snapnames thread
El-Bandolero: on the forums
coreyg: El-Bandolero: url?
Don: corey… the Ex VP of engineering at snapnames… who will be in prison soon… likely.
El-Bandolero: one sec
fish: so sick of this “industry” …it’s a joke
Peter: Don: where did you get that info don?
fish: this is probably one of many “scandals” yet to be uncovered
Halo-Jones: there is greedy people in every industry
El-Bandolero: http://www.namepros.com/domain-name-discussion/621078-halvarez-at-snapnames-auctions-uncovered.html
Samit: anyone offering odds on who’s next? //2
fish: and people complain about being labeled cybersquatters or w/e
El-Bandolero: 20 bucks says godaddy is enxt
El-Bandolero: Samit
NPQueen has left the room.
fish: GD has already had their fair share of scandals
Don: peter… http://www.domainnamenews.com/news/snapnames-discovers-employee-bidding-domain-names/6479
Peter: Don: cheers, if true it shows snapnames are rotten to the core, someone so high in the company involved
El-Bandolero: man that halverez needs an a$$kicking
El-Bandolero: lynch mob much?
fish: why doesn’t icann do anything about this?
fish: aka icannt
fish: I’m sure they won’t
coreyg: fish: probably not their jursidiction
Peter: El-Bandolero: not really, snapnames employees involved in fraud
Don: //2
fish: anyone remember when Adam Dicker bid on TDNAM domains?
fish: when he was like…the president of TDNAM?
Eric: funny, people talking about Snapnames losing credibility — they could have kept all this private instead of making it public
Don: v2… if they had kept it private… it would have come out via other sources… and that probably would’ve been worse for their future.
fish: maybe they figured it was better if they let the news out rather than someone else exposing them
fish: yep ^
coreyg: weren’t they already exposed?
Don: you can’t issue refunds with interest for accumulative millions of dollars without someone asking questinos.
Don: questions*
NVD: LOL Don
Peter: Eric: if they kept this private it would have eventually leaked out especially if they took legal action, that would have crippled them as a business
coreyg: Peter: where do you see their business now?
Peter: coreyg: moniker are quite liked as a company they will get through this if they tried to hush it up they wouldnt have
Peter: Don: more a curse than a blessing, people are already skeptical of domain names and the internet this will worsen that and possibly get politicians peckered up again
Eric: still, even if it’s lower, that’s a *!@# load of money
El-Bandolero: Yea but they can’t hate us.
El-Bandolero: It’s snapnames
Don: Peter… idk… i don’t see it hurting end user sales… i just see it making it easier to pick up names at reasonable prices.
El-Bandolero: wow 116 ppl viewing the thread.
coreyg: NVD: *w
Peter: Don: pople are going to start getting skeptical about domain ales, can you see that helping domain prices?
Samit: Don: you and 100k other domainers think the same way, why snap will probably get away with it //6 //2
El-Bandolero: halvarezscandal.com //2
Samit: domainer’s first viewpoint: how can I profit from it, ftw //2
El-Bandolero: //2
Eric: which is sad, cause that’s what happens with natural disasters, etc Samit
Don: why would they start getting skeptical about domain sales in general… the aftermarket… sedo, snap, etc… really has nothing to do with the price someone who is interested in a name for their business will pay.
Samit: just another day at the office //2
Peter: Don: people will beleive they are being cheated this will make them less interested in paying a good price
Don: how are they being cheated if they are the ones making the offers?
Don: or at least the buying decision.
Don: i can understand end users avoiding auctions…
coreyg: Don: not a legal contract if there was deception
Peter: they wont make that offer or not at a level they would have done
Don: but straight purchases… nah.
Peter: don the industry is in a recession at the moment news like this cannot be good in any sense,
Samit: Peter: correct
Don: yeah… idk… people will still need domains.
Samit: 2009 – the year big business woke up to the domain industry and took it over //6
coreyg: it could be good for resellers here?
Peter: coreyg: no i doubt it tbh
coreyg: oh ok
coreyg trying to put a positive spin on it
Samit: //2
coreyg: 
Don: develop… and you don’t have to give a sh*t what happens to the domain market.
Peter: politicians have been looking for reasons to get involved oin the domaining industry for a few years as well, last time they dropped it, this could end up giving them that interest again
coreyg is into dev’in
Samit: you’d need chris angel, david copperfield and david blaine working together to even distract people from this atm //2
Peter: Don: imho devving has always been the best side of domaining,
DomainManDave has left the room.
coreyg: Peter: yeah
Peter: Samit: they available at the moment
Samit: i heard
Samit: //2
Samit: that snap thread is on fire
El-Bandolero: Yea samit u were right.
Samit: 5 pages already //2
El-Bandolero: About snapnames.
El-Bandolero: Yea and in less then a few hours.
El-Bandolero: 5 pages in less than a few hours I like. theres fighting drama
El-Bandolero: etc
El-Bandolero: http://www.namepros.com/domain-name-discussion/621078-halvarez-at-snapnames-auctions-uncovered.html
NVD: dont let MicroGuy and Dongsman in there
El-Bandolero: they already been there nvd
NVD: oh dear
El-Bandolero: look @ page 3 and 4
El-Bandolero: funny stuff //2
