MyID Extends Auctions By 1 Day (1.Viewing)

silentg · Mar 16, 2023

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.

MapleDots · Mar 16, 2023

It does not need to benefit the investors, it only has to benefit myID.

In other words, does it make THEM more money!

DomainRecap · Mar 16, 2023

Just what we needed, it's not just Thursday now and our Fridays are being taken up with this BS.

Bad decision.

DomainRecap · Mar 16, 2023

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!

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.

clarkemarketing · Mar 16, 2023

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.

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.

theinvestor · Mar 16, 2023

I have never had any issues with them with auth codes. I always get them nearly instantly. Last night I requested 2 and I got them literally one minute later.

DomainRecap · Mar 16, 2023