Is this domain worth more?

I have bidded upto $2900 for the domain meals. co.uk at sedo but there is another bidder at $3000. Do you think it is worth bidding more?

 

Are you going to develop the site or just hold the name for speculation/future resale?

 

For keeping it to sell it in future. But currently, I gave up as 2 other bidders are fighting each other and go up over $8000. I gave up now.
The problem with sedo is that whenever I bid, they extend the time. I prefer ebay which ends at the exact time. I bid $2900 at last minute and possibly at last seconds but they extend the auction because of my bid and now end up more than $8000.

 

Depends on how you look at it. If you were the person selling it, and sold it on Ebay, you would have lost out on another $5,000 by not being able to extend it.

 

i don't think its worth it.

 

It depends on whats your purpose. May be the other 2 are trying to get it for development rather than reselling.

 

I think it's worth more. Any uk food company would want that and they can pay top buck (or sterling ) for it

 

Seems high to me because of the extension.