bit of a bid war going on in the dieing hours

[Poo]

just woke up and stumbled down to the computer and i see there is a bit of a bidding war going on for the old stratics.

5 hours and 13 minutes left.

i better go get some beer and some popcorn this may turn out to be interesting.

 

[Poo]

$12,100 and climbing!

 

[Poo]

i wonder if Bidder #3 is a guy/company that buys and rips apart sites?
guy is a 'super buyer status' with $124k in purchases.
he has also been bidding for the last 23 days.
and bid this morning.

interesting.

 

[OREOGL]

No idea man, all I hope is we hold the high bid for the next 5 hours.

ETA: If that is the staff as bidder 1.

 

[The Craftsman]

Can anyone confirm if bidder 1 is the stratics staff? If not has a bid been made yet?

 

[JC the Builder]

It doesn't matter if you bid 10 hours or 10 minutes before the close of the auction. The big bidders, if there are any, will be waiting until the final moments.

This is like when people show up at an IDOC hours before it falls. None of the action happens until it does fall.

 

[Promathia]

Well, it was just sold for a $16,500 buy it now option which was just added. Can staff confirm it was them?

 

[Poo]

ya, i was just coming to check the same.

 

[Selistrana]

me too

 

[Riyana]

I can confirm that the staff did indeed make the winning bid. A more detailed announcement will be coming soon!

 

[Captn Norrington]

Thank you all so much for helping us achieve this tremendous victory for the community!!

 

[OREOGL]

I can confirm that the staff did indeed make the winning bid. A more detailed announcement will be coming soon!

Hell yes!!!

 

[Angel of Sonoma]

congrats!

 

[The Craftsman]

And only the staff knew the buyout amount as they had inside information?

 

[BeaIank]

I can confirm that the staff did indeed make the winning bid. A more detailed announcement will be coming soon!

I would drink to this, but today was my father's birthday and I spent the whole day drinking, so I am in no condition to do more drinking right now.
But yay! We did it and stuff!

 

[OREOGL]

And only the staff knew the buyout amount as they had inside information?

Who gives a double whopper with cheese?

 

[Lady Lavendar]

If I am reading correctly that the staff bought Stratics, then YIPPEE!

 

[Captn Norrington]

If I am reading correctly that the staff bought Stratics, then YIPPEE!

That is correct

 

[kelmo]

Pretty quick edit there... *winks*

 

[old gypsy]

ALRIGHT! Thank you, Staff! (And thanks to everyone who helped!) Now I can quit biting my nails!

 

[Tjalle]

Great news.

 

[FrejaSP]

Now I can quit biting my nails!

I'm too are so glad it ended well, it had been some scary weeks.

 

[kelmo]

*smiles* Freja, I feel like we won one today.

 

[OREOGL]

Pretty quick edit there... *winks*

It almost had the same ring to it, but nonetheless a good chuckle from it.

 

[Ducan IronWeaver]

Well, it was just sold for a $16,500 buy it now option which was just added. Can staff confirm it was them?

The staff were the only ones who had the buyout option available to them.. A friend of mine wanted to purchase and asked about the buyout last week. He was told the option was only available to the staff..

 

[Poo]

i must admit, i was half expecting some Russian fella named Vladamir to come in and say he and his syndicate won and they just wanted the name, the site was now dead and off into the cold night we where being sent.

very happy to know i have a nice warm place by the hearth to curl up and play my lute for some years to come.

 

[Poo]

on a related side note, a big thank you to @Ron Bron for taking a hit on the sale to give us the Buy it Now.
thats pretty damn stand up of you Ron.

 

[Longtooths]

The staff were the only ones who had the buyout option available to them.. A friend of mine wanted to purchase and asked about the buyout last week. He was told the option was only available to the staff..

Doesnt flippa rules state it has to be offered publicly....class acts I tell ya.

 

[kelmo]

I dunno. Ask flippa.

 

[OREOGL]

Doesnt flippa rules state it has to be offered publicly....class acts I tell ya.

Sure doesn't.

Site Rules for Sellers

 

[Longtooths]

Sure doesn't.

Site Rules for Sellers

• Private offers made outside of Flippa are expressly forbidden.

...I know for a fact lots of this was going on.

 

[Lord Nabin]

• Private offers made outside of Flippa are expressly forbidden.

...I know for a fact lots of this was going on.

You are an asset my old friend

Time to get checked back in, in a positive manner, we need your experience as a community

 

[Oscar the Grouch]

You are an asset my old friend

Time to get checked back in, in a positive manner, we need your experience as a community

I remember working beside LT prior to to him resigning. He is indeed an asset.

 

[Cymidei]

Merry Christmas Stratics and Congratulations and that super seller is likely a shill bidder...meh

 

[OREOGL]

• Private offers made outside of Flippa are expressly forbidden.

...I know for a fact lots of this was going on.

Sure you do champ.

Besides you were talking about buy it now being made public weren't you...

Carry on.

 

[Angel of Sonoma]

on a related side note, a big thank you to @Ron Bron for taking a hit on the sale to give us the Buy it Now.
thats pretty damn stand up of you Ron.

i seriously doubt ron took a hit. a business person would take the most profitable path. i doubt the bidding would've reached the buy-it-now price.

 

[Angel of Sonoma]

Sure you do champ.

Besides you were talking about buy it now being made public weren't you...

Carry on.

LT speaks the truth. there was no public buy-it-now. it was all hush-hush. if the auction had a buy-it-now it would look like the listing below (taken from flippa).

 

[OREOGL]

LT speaks the truth. there was no public buy-it-now. it was all hush-hush. if the auction had a buy-it-now it would look like the listing below (taken from flippa).
View attachment 40965

This accurate, but flippa does not state Buy It Now must be public.

Have a good evening.

 

[Lord Nabin]

am i the only one that thinks this is unethical? BIN is given to only 1 bidder?

Without knowing all the details

At the end of the day I am fine with it

It's done

The community has a lot to do

And I cosnider you a serious asset to the community

Time to move forward and be part of the solution for what the community needs

Those needs are volunteers lIke you that can do a great job supporting and building community

 

[Angel of Sonoma]

don't get me wrong. i'm very glad to know stratics landed in good hands.

 

[Lord Nabin]

don't get me wrong. i'm very glad to know stratics landed in good hands.

I got you right

I know your best wishes are all for the community my friend

That's why I said you are am asset.

There is a serious amount of work to do now and people with your love of community and skills are needed to make a serious difference

I know you will help make that difference

 

[THP]

oh please....no no no....people are moaning on here about insider information??? really??? its been part of UO for the last 12 seasons!!!

Congrats on the staff buyout.... iam sure the site will be in good hands....and well done all the players that tried to win it ...massive effort

Alas please no more moaning about inside information.....

 

[FrejaSP]

I'm glad this got a good ending. And I'm glad it was the Staff and the community who won.
I don't know who buyer #2 and #3 was, even when we may know you as a part of the community and you may have wanted the best for us too, it was hard not to fear you would win as we did not know what you wanted to do with our home.
I thanks everyone for trying to safe Stratics, also if you was one of the other buyers.
Merry Christmas everyone

 

[Slayvite]

Unethical? no, it's part of business. However if the other parties bidding were not also informed a "buy out button" was going to be added the yes, the seller could find himself in some trouble with the US authorities.
At best looks like insider trading, at worst looks like IRS avoidance both of which are taken quite seriously in America.

 

[SoulWeaver]

Congrats

 

[Ron Bron]

Congratulations to everyone involved with making the campaign a success! Thanks for your commitment to the community.

 

[Elenni]

LT speaks the truth. there was no public buy-it-now. it was all hush-hush. if the auction had a buy-it-now it would look like the listing below (taken from flippa).
View attachment 40965

Although I am not a fan of Flippa and will not defend the standard practices it allows or encourages, I would like to be clear on this particular concern:

• The staff executed the purchase on the site via a publicly-available BIN button exactly as per your screenshot

When a BIN is added to an auction, Flippa actually emails all bidders/watchers, any of whom have access to execute. At that point, the seller can either accept or reject the BIN offer. There is no such thing as a "private" BIN button on Flippa.

 

[Yadd of Legends]

Lol, this wouldn't be Stratics without an equal mixture of praise and condemnation, with a dash of conspiracy theory thrown in, would it?

 

[Jirel of Joiry]

Lol, this wouldn't be Stratics without an equal mixture of praise and condemnation, with a dash of conspiracy theory thrown in, would it?

Home sweet Home!

 

[Victim of Siege]

Lol, this wouldn't be Stratics without an equal mixture of praise and condemnation, with a dash of conspiracy theory thrown in, would it?

you forgot the Whining, entitlement, and Bi****ng