Is this YLOD? I don't see any yellow light happening. Every time I'd turn the PS3 on it'd turn itself off literally after a few seconds to a minute.
It'd beep and I see the red light blinking in standby. I'd click it again to stop blinking, click again to turn on and it repeats.
What's wrong with my PS3 and what should I do? It was bought in 2007, 80GB PS3.