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Who is this guy? and why sell such Sites?

Discussion in 'Site Flipping' started by SilverSultan, Mar 22, 2012.

  1. SilverSultan

    SilverSultan Regular Member

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    Where you think ? xD
  2. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    Lol, this guy has been around a while.

    He is a complete moron.

    Look at the "valuations" he has quoted. Just bullshit automated sites. The sad thing is, his numbers are probably legit. There are a lot of stupid people out there.
     
  3. poweronics

    poweronics Jr. VIP Jr. VIP Premium Member

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    Thats weird how these guys survive on flippa.
     
  4. NapsteR

    NapsteR Jr. VIP Jr. VIP

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    So, its true those sites earn 10k per month???
     
  5. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    Just looked at it again.

    The numbers could well be accurate, but completely irrelevant as he's not including the Paypal account meaning active subscriptions can't be transferred. Whoever buys the site would have to start from scratch.

    Most people don't realise you can't transfer subscriptions and as the seller is an idiot, he probably won't either. I predict someone getting burned here.
     
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  6. SocialNetworks

    SocialNetworks Newbie

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    I know I have learned something today- I had NO idea.

    Have to agree though. If 10k / month is accurate the price could be quite high to buy. Getting a blank subscription base on this would be horrendous.

    Kind of false advertising if this is what's happening.
     
  7. Steezy

    Steezy Newbie

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    Had no idea subscriptions weren't transferable, good to know!

    Is there a specific reason for this that you know of? Or is it just some sort of Paypal technical limitation?
     
  8. scorpion896

    scorpion896 Senior Member

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    Lots of people get burned on Flippa, I see so many scam sites selling for thousands its rediculous. Soon these buyers will catch on
     
  9. kvmcable

    kvmcable Supreme Member

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    True that. All these guys claiming revenue in the titles and saying to ignore Flippa's rule you can't claim revenue if less than 2 months old.

    I was lmao at one that had PP screen shots and the payments didn't even match the prices on his website. He's a member here, all his screenshots have BHW in a favorites bar. He yanked my comment in less than 7 mins and quickly fixed his website to match the PP screenshots - rotflmao. Dirty frickin scammers is all they are.

    Where are you Mr "I made 1038 in 10 days"? BTW your fake screenshots were pretty good you just forgot to match your prices from the website :).

    Flippa encourages the scams so let them sleep in the bed they made. They say you can't advertised revenue if the site is less than 2 months old but allow the scammers to put it in the titles, descriptions and post fake PP screenshots on sites less than 2 months old. Flippa is quickly earning a very bad reputation. I hope someone else pops up before they collapse.
     
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    Last edited: Mar 28, 2012
  10. secretja

    secretja Regular Member

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  11. jewradly

    jewradly Jr. VIP Jr. VIP Premium Member

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    The site sold for $120,000!!!!!!! THAT is INSANE
     
  12. Prince Vegeta

    Prince Vegeta BANNED BANNED

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    Hahah holy shiiiit, I need to get in on the Flippa business.
     
  13. BlackHatSoda

    BlackHatSoda Junior Member

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    Seriously, you need to ask about a site like that? I've flushed shit that looks better than that site.

    NOBODY is paying $7-$15 for a click from ANY site that flat out tells you all the traffic they're sending to you is incentivized. Most CPA offers that allow incentive traffic don't even pay $15 anymore and that's on an actual conversion.

    Traffic like this is probably worth $0.000001 per click if not less. So there's no way this site makes $10k a month. If it was, why would this guy sell it and for only 12 months revenue? Because he "needs money for other projects?"

    I guess that if this site makes any money at all it does so by selling the traffic from another site that this guy may or may not own. The traffic is sold at very low prices and to first time buyers as the quality is so shit that nobody would probably buy again. Then, they throw hurdles in the way when you get close to earning your cashout amount of $7000 or find some reason not to pay you like saying you violated some term or condition.

    Flippa is 98% garbage and scams. They don't do anything to help weed out scams or otherwise misrepresented sales because they want to earn money on the sale.
     
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  14. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    If that sale is legit, someone has just got burned.
     
  15. Nigel Farage

    Nigel Farage BANNED BANNED

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    How hard is it to plant a Buyer on Flippa, or have a second account?

    Excerpt from sevendollarclickdotcom:

    Wonder what their ToS says?
     
    Last edited: Apr 9, 2012
  16. bigeazy

    bigeazy Regular Member

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  17. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    Not that hard, but would seem pretty pointless in this case. It wasn't like the bidding had got very high. He's jumped from $XXXX to the BIN of $120k, which he wouldn't have done with his own account. I've spoken to the guy before and he's either a bit of a dumbass or just a scammer who knows exactly what he's doing.

    If he's really sneaky, what he might do is win it with a fake account for $120k, and then play the sob story card saying the buyer fell through and use that as leverage to get ~$80k from one of the other bidders, which is still massively over-paying, but they will feel like they are getting a good deal.

    I can't see Flippa removing it as they won't make a judgement on the site itself (even if it doesn't work) - that's not really their place to get involved.

    If that bid was legit, I hope whoever it was sees sense and backs out of the deal.
     
  18. BlackHatSoda

    BlackHatSoda Junior Member

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    Exactly. I'm sure if anyone actually does get to earning $7k they find something wrong with your account and can you.

    Just do a search for their domain and every result that isn't their site is a link to a scam report and a list of other sites the guy owns which are just this site but with a different name like EightDollarClick.com and TenDollarClick.com.
     
  19. BlackHatSoda

    BlackHatSoda Junior Member

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    Yeah, I'm sure he's using the sale to boost his sale history. Then he can say, "I've done $120,000 in sales already. You can trust me."
     
  20. Techxan

    Techxan Elite Member

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    So then, if Flippa is full of scammers, are there any quality auction sites? Is it still a good place to sell our domains?