MyID Extends Auctions By 1 Day (2.Viewing)

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silentg

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I got this e-mail from MyID. I don't see how this benefits the investors.
We will be testing over the next 3 weeks a new ending time for TBR.

The TBR auctions will end on Friday at 1 pm ET from now until the end of March.

We will then evaluate and decide as to whether we make the change
permanent or revert back to the current ending time.

We welcome your feedback with respect to that potential change.
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MapleDots said:
It does not need to benefit the investors, it only has to benefit myID.

In other words, does it make THEM more money!
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I think they're doing this because the TBR is taking way too much time for MyID to manually process and sometimes they don't get the emails out until a few hours before the auctions start. So by starting everything on Friday, they can now delay releasing the info by an extra day.

This change will likely hurt, not help, MyID profits because now WHC gets to steal all our money a day before MyID even fires up their engines. It used to work the other way around, with MyID draining our wallets and exhausting our wills minutes before WHC ramped up their auctions.
 
DomainRecap said:
I think they're doing this because the TBR is taking way too much time for MyID to manually process and sometimes they don't get the emails out until a few hours before the auctions start.
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Yes, MyID seems to be struggling to keep up with everything. I didn't get an invoice for last week's TBR for several days, until I eventually emailed them. I then sent them funds on Tuesday and the domains still aren't in my account. Also still waiting on an auth code, things are definitely moving slow over there. This is likely being implemented to give them more time between the drop and the auction.
 
DomainRecap said:
I think they're doing this because the TBR is taking way too much time for MyID to manually process and sometimes they don't get the emails out until a few hours before the auctions start. So by starting everything on Friday, they can now delay releasing the info by an extra day.

This change will likely hurt, not help, MyID profits because now WHC gets to steal all our money a day before MyID even fires up their engines. It used to work the other way around, with MyID draining our wallets and exhausting our wills minutes before WHC ramped up their auctions.
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You make it sound as if they are holding your first born hostage forcing you to bid, lol. Maybe we need to start up a weekly Domainers Anonymous meeting for you 😂
 
rlm said:
You make it sound as if they are holding your first born hostage forcing you to bid, lol.
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Well, what technique do you use, telepathy or magic?

Me, I'm old fashioned and if I want a domain that MyID won, then I'm going to have to inconveniently block off another lunch period on Friday and waste part of another day bidding. Thursdays already sucked because of the auctions, but I was at least used to it. I wish I had it as easy as you.
 
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DomainRecap said:
Well, what technique do you use, telepathy or magic?

Me, I'm old fashioned and if I want a domain that MyID won, then I'm going to have to inconveniently block off another lunch period on Friday and waste part of another day bidding. Thursdays already sucked because of the auctions, but I was at least used to it. I wish I had it as easy as you.
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Sorry, I was referring more to the "draining our wallets" rather than the time required.

I used to day trade at work. Kinda similar to domaining, only much worse, the markets were most of the work day and it was like having never ending auctions all day long, every single work day. I had to just go cold turkey, haven't done it since.
 
rlm said:
Sorry, I was referring more to the "draining our wallets" rather than the time required.
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Understood, as budget (or lack thereof) is certainly a factor during the Restricted Madness, but like I said, I'm already accustomed to Thursdays from 1-3 being a total wash, but adding in Friday is not exactly what I need right now.

If I started up day trading I probably wouldn't be long for this world. 👻
 
Yeah there’s definitely a point about keeping the auction close times similar enough that it doesn’t mess up another day. I’d imagine that’s why bmetal @bmetal chose to end a full week later, as you’re already watching the current week’s results.
 
Me realizing that I can't go anywhere for lunch today and that I now have to block off 1-2 PM on Fridays.

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