It’s not been the greatest summer for Flippa.
Firstly, they had to contend with the endless ‘my sites aren’t selling’ drama when the entire starter site (no traffic no revenue) market collapsed.
I believe in marketplace responsibility but I also believe people gave Flippa a hard time unnecessarily and blamed everything from poor quality traffic through to the selling fees as a way of disguising the fact they were failing to sell because what they we’re selling was no longer in demand.
The fun was far from over when the forums and blogs lit up with disgruntled users, many of whom had been the victim of fraud and non paying bidders. Some people blamed it on a rise in poor quality traffic from India and Indonesia according to Alexa (nb. This is not my opinion!) but again, most just blamed Flippa’s management and policies.
Bad luck seems to come in threes as this week, ‘ethical hacker’ IH-Adam claimed to hack into Flippa’s admin panel, taking a video as evidence.
Flippa we’re apparently notified of the issue, but it seems it didn’t go down all too well
I don’t know the full situation, other than what I’ve read on Adam’s blog and personally, don’t have enough money to be sued, so I wont risk expressing an opinion….but I certainly hope Flippa manage to resolve their issues soon, so we (Flippa included) can all get back to what we came here to do in the first place…sell sites and make a profit!
Update – July 20th 2010 – The ‘incredible disappearing’ explanation from Flippa has surfaced in Google’s Web Cache.