Two names on Go Daddy Auctions seem to have gone off the track on the way to Crazy Town.
AsianBank.com is currently at $99,999, the 16 year old domain that Go Daddy values at $39, has 101 bids from 21 bidders.
CJF.com is currently at $77,777. with 13 bidders making 77 bids.
If these bids are not legit this is not good as it takes away from legitimate bidders interested in the domain. Auction houses need to have something in place to prevent this. You cannot go to Sothebys.com and bid $500,000,000 for a Picasso.
Auction houses need better systems in place for when there are crazy bids that most likely will not be honored.