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The Man Who Owns the Internet

Tefen writes "CNN Money posted this story about Kevin Ham, who has made a fortune gobbling up lapsed domain names and has recently launched a lucrative business partnership with Cameroon, the country which controls the .cm TLD. Since 2000 he has quietly cobbled together a portfolio of some 300,000 domains that, combined with several other ventures, generate an estimated $70 million a year in revenue."

369 comments

  1. So the market sure is promoting innovation by andy314159pi · · Score: 5, Insightful

    Kevin Ham, who has made a fortune gobbling up lapsed domain names
    The market sure is promoting innovation. He should feel proud of his great contributions and he has justly been rewarded.
    1. Re:So the market sure is promoting innovation by geekoid · · Score: 4, Interesting

      IF I made a fortune gobbling up prime real estate, nobody would care. why is this different?

      --
      The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
    2. Re:So the market sure is promoting innovation by Colin+Smith · · Score: 1

      It's just an indication that domain names are under priced.

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      Deleted
    3. Re:So the market sure is promoting innovation by Colin+Smith · · Score: 1, Insightful

      Property is sold at market value. Domain names are sold at a flat rate. They should be auctioned.

      --
      Deleted
    4. Re:So the market sure is promoting innovation by HomelessInLaJolla · · Score: 3, Informative

      gobbling up prime real estate People have made a fortune on that and I have commented on the fraud that fed that market--especially since a large amount of the money used to fuel the real estate boom was money which was gleaned by dumping the .com bubble. The people who created the .com bubble hyped it up, took the cash, left the .com investors in the dirt, and then used their new (arguably fraudulent--on the same lines as the Enron scandal) profits to buy real estate from the investors who were scrabbling to save their hides. The profiteers then developed the real estate (which they bought on the cheap) and turned around and sold/rented it back to the suckers they had previously screwed (in the .com bubble) at five, ten, even hundreds of times the cost. There's no better example of the paradigm: "Create debt, maintain debt, keep people in debt, milk them dry while they're in debt."

      nobody would care That's not true at all. Some people have cared but the people who took part in the .com bubble scam (and coupled it with the real estate swindle) made certain to grease their politicians ahead of time. They knew exactly what they were doing and made sure that they could do it without being caught. They had years to set up the rules, regulations, and laws concering those sorts of things so that they both knew how to skirt the law and slip through the loopholes.

      why is this different? For one--there's a finite amount of real estate but domain names can be created to (near) infinity. For another--nobody accidentally clicks the housing market. For a third--you can't set up a botnet to buy your real estate.

      On that last point: well, yeah, you can set up a "botnet", of sorts, to ensure that the real estate is bought at a certain profit. That has to do with greasing the politicians ahead of time.
      --
      the NPG electrode was replaced with carbon blac
    5. Re:So the market sure is promoting innovation by QuantumG · · Score: 2, Insightful

      It's like Monopoly.. the first person who lands on the square gets the option to buy.. if they decline, then there's an auction.

      --
      How we know is more important than what we know.
    6. Re:So the market sure is promoting innovation by Colin+Smith · · Score: 1

      If they simply auctioned them then the squatters would bid each other out of business.

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      Deleted
    7. Re:So the market sure is promoting innovation by maxume · · Score: 1

      Poorly regulated.

      --
      Nerd rage is the funniest rage.
    8. Re:So the market sure is promoting innovation by KillerCow · · Score: 2, Insightful

      The market sure is promoting innovation. He should feel proud of his great contributions and he has justly been rewarded.


      Why is this getting modded as insightful? This man innovates nothing, and contributes nothing to society. Sarcasm is supposed to be funny.
    9. Re:So the market sure is promoting innovation by Colin+Smith · · Score: 1

      Same thing.

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      Deleted
    10. Re:So the market sure is promoting innovation by QuickFox · · Score: 4, Informative

      If they simply auctioned them then the squatters would bid each other out of business. They do auction them. TFA tells about such an auction. Domain names for hundreds of thousands of dollars apiece. And yet profitable. Crazy.
      --
      Terrorists can't threaten a country's freedom and democracy. Only lawmakers and voters can do that.
    11. Re:So the market sure is promoting innovation by QuickFox · · Score: 4, Informative

      And yet profitable. Why are so many people so upset about this particular scumbag making a huge profit this way? For years Google has been profiting far more by promoting this very thing.
      --
      Terrorists can't threaten a country's freedom and democracy. Only lawmakers and voters can do that.
    12. Re:So the market sure is promoting innovation by maxume · · Score: 2, Informative

      Not entirely. If slashdot.org exists, slashdot.com should actually be slashdot.com in order to be able to buy the domain(or google.com vs google.org, etc.). So the existence of themightystink.com wouldn't depend on anybody actually being in business as the mighty stink or whatever, but if someone then wanted to register themightystink.org, they would have to pass a much higher bar than themightstink.com did. That would mitigate one large set of problems, but it wouldn't do much about squatters. Higher prices would certainly help some there. It does seem like there should be a way to own five or ten domains without paying out the nose though.

      --
      Nerd rage is the funniest rage.
    13. Re:So the market sure is promoting innovation by QuickFox · · Score: 3, Informative

      Sarcasm is supposed to be funny. No, that's satire. Sarcasm can be funny, but very often it's bitter instead, or sad, or cold, and so on.
      --
      Terrorists can't threaten a country's freedom and democracy. Only lawmakers and voters can do that.
    14. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0
      It's just an indication that domain names are under priced.

      You're the same kind of asshole who says, when unemploynent is low, that workers are overpriced. Then, in the next breath tries to explain why unlimited amounts of money should be made to attract the highest quality executive talent. I suppose you think Enron got great value from the money they spent on executives.

      Remember the sorrow that wracked the nation when the Enron CEO's wife revealed that they had to sell one of their twelve mansions while "struggling to maintain liquidity"?

    15. Re:So the market sure is promoting innovation by kendbluze · · Score: 1

      Perhaps the market includes some dynamics you haven't taken into account? Technical innovation is a great catalyst for developing new markets, but so is good ol' fashioned human nature.

    16. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      I have one thing to say to this - All your DNS are belong to us

    17. Re:So the market sure is promoting innovation by larry+bagina · · Score: 2, Informative

      I have heard of people in California (naturally) that basically botnet the MLS: whenever a new house comes on the market, they submit a contract with contingencies allowing them to cancel. That cockblocks other people from looking at it while they take their time to actually look at it, reduce their offer, etc.

      --
      Do you even lift?

      These aren't the 'roids you're looking for.

    18. Re:So the market sure is promoting innovation by timeOday · · Score: 3, Insightful

      IF I made a fortune gobbling up prime real estate, nobody would care.
      I would. Real estate flippers are leeches on society. Let's say you buy a plot of land for $1M and sell it for $2M two years later. Where does that money come from? Ultimately, it has to come from somebody who worked to produce something useful. People cry and scream about a welfare recipient who might receive $100K over their lifetime - what about the trust fund babies and market squatters who never produce anything yet consume millions during their lifetime? They are the biggest leeches of all.
    19. Re:So the market sure is promoting innovation by klenwell · · Score: 1

      To quote Sideshow Bob (sort of):

      Just the thought of all those raw, surging ads makes me wonder why the hell I should even care.

      --
      Innovation makes enemies of all those who prospered under the old regime... -- Machiavelli
    20. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 3, Insightful

      You're an idiot. Obviously if someone can sell the land for $2M two years later, there's some buyer who thinks it's worth it. No one *makes* them buy it at that price. However, when the government takes my money at gunpoint and gives it to the welfare recipient, I never get the option to say, "No thanks, too rich for me". That's a very big difference.

      The guy who bought it for $1M may have just found an ignorant seller who under-priced it. Perhaps it really did appreciate 100% in two years because of other influences in the local economy. Remember, it's an investment and it's certainly possible the guy who bought it for $1M would have trouble selling it for $500K two years later. It's all about risk and reward.

    21. Re:So the market sure is promoting innovation by aeoo · · Score: 1

      IF I made a fortune gobbling up prime real estate, nobody would care. why is this different? What do you mean "nobody would care"? Of course people care! Gobbling up real estate is immoral.
    22. Re:So the market sure is promoting innovation by Chineseyes · · Score: 5, Insightful

      Let's say you buy a plot of land for $1M and sell it for $2M two years later. Where does that money come from?

      Its funny how when people look at someone making $$ they always focus on the REWARD and never on the RISK

      Let's say you buy a plot of land for $1M and sell it for $500K two years later. Where does that money come from? Yeah thats right the investors pocket. And thats not even including the taxes, insurance, $$ spent on improvements, interest paid on the loan the investor took out (flippers almost always use OPM in order to stay liquid), the points you get raped for by mortgage bankers on a residential deal and commercial lending is 100 times worse because there are no limits on the amount of points that can be charged.
      Your comment wreaks of someone who never looks at the entire picture and probably watched some stupid "reality tv" show about flippers. Real estate investments are risky (ask the all the people in Fla. who are losing millions at this very moment) thus the high reward instead of complaining about flippers pick up a few books, grow a set of balls and invest yourself.

      Full disclosure: In addition to being an S.E. I have been a Real Estate Agent for 8 years and a Real Estate Broker for 4 years.

      --
      I think the invisible hand of the market has its middle finger extended

      --A wise old fart named SC0RN
    23. Re:So the market sure is promoting innovation by rs79 · · Score: 1

      "Property is sold at market value. Domain names are sold at a flat rate. They should be auctioned."

      So only the richest of the richest countries could ever get what they wanted?

      This idea was rejected in 1986. And every subsequent time it comes up.

      First come first served. You snooze you lose.

      --
      Need Mercedes parts ?
    24. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 2, Funny

      But delicious!

    25. Re:So the market sure is promoting innovation by cgenman · · Score: 5, Insightful

      Real-estate is generally bought, developed, and sold at a profit. Net good happens there. Some real estate developers buy land they think will be profitable, and sell it months later once it is in demand. No net good, but the land usually flips within a reasonable amount of time and, hey, other landowners nearby are usually willing to sell.

      Web squatters buy up huge swathes of land, then sit on them. They earn ad revenue from other people's mistypes, then a huge chunk of change when they finally decide to flip it. And during this time they've done NOTHING of net good for anyone. They've simply prevented anyone else from using the site name, usually for a long period of time, which causes an overall net loss.

      The profit margins are atrocious. The site name that sold for 400,000 dollars? Yeah, they registered that for 20 bucks. The behaviors of squatters is equally atrocious. They frequently register typo domain names (slshdot.com, for example) to try to drive clicks. They automatically swoop in to register domain names that people forget to renew, then sell it back to them at extortive prices.

      The domain name resolution service is a series of agreements amongst a group of dedicated nerds in an attempt to facilitate easy information distribution on the internet. By gaming the system, squatters are profiting while creating nothing, at the expense of people with real jobs and real work to do. It's taking a good-faith agreement and exploiting every loophole it can find. It's like spamming... it's legal, and it works, but it is a PITA for basically everyone. Unlike spamming, domain squatting and parking could be stopped, but nobody has moved to outlaw the practice yet.

    26. Re:So the market sure is promoting innovation by c6gunner · · Score: 0, Troll

      The market sure is promoting innovation. He should feel proud of his great contributions and he has justly been rewarded.
      Insightful my ass. This is like me looking at the Columbine shootings and saying:

      "Well, the schools sure are educating our kids. They're picking up all sorts of useful skills and ideas, and should be proud of their accomplishments."

      Seriously, there should be a minimum IQ requirement for the distribution of mod-points.
    27. Re:So the market sure is promoting innovation by Blakey+Rat · · Score: 1

      More to the point, they ARE auctioned. At least domains that were registered in the past. That's half of what Afternic.com and Sedo.com do all day.

    28. Re:So the market sure is promoting innovation by josephc4mpbell · · Score: 1

      "He should feel proud of his great contributions and he has justly been rewarded." yep, i think so too ___________________________ iPhone http://www.iphonetools.org/

    29. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      By your logic, every single person with money in a savings account is a leach on society. They're getting a return on their money! Gasp! They're taking someone's hard earned money just to get their 4% interest rate!

      It's obvious you have no clue how the monetary system and the concept of investment or money creating money works in a capitalist economy.

    30. Re:So the market sure is promoting innovation by billcopc · · Score: 5, Insightful

      Domain names are not real estate. God I'm sick of that flawed analogy.

      Domain names online are more like registered trademarks in real life. The difference being that you can't defend a trademark against a newcomer if all you've done with it is sit on it like an egg, which is what these "domainers" do.

      I'm in the business of web business, and there is nothing that irritates me more than having an "AHA" moment, and finding out my great fun domain name is already taken by a squatter. They bring NOTHING to the table, and they're stopping me from doing something actually useful with the name rather than throw up a sleazy parking page with its own ad search engine.

      I've often negotiated domain names away from their owners, mostly because they were normal people who simply bought a cool domain and lost interest. I've never paid the astronomical prices these squatters try to extort, the most I've paid for a name was $100 and that way mostly because the guy had registered it for 7 years, 2 years in he still just had the registrar's parking page on there. He was happy to recover his investment plus enough for a case of beer, and I was happy to get the name I wanted for a friend's blog.

      Hey here's an idea: domain hoarding is like a patent holding company. They cheaply appropriate low-value virtual properties, sit on them forever until some enterprising young fellow with a bright idea comes along, and then pounce on him when the money's good. Now there's a fitting analogy, and we all hate IP warehouses now don't we ?

      --
      -Billco, Fnarg.com
    31. Re:So the market sure is promoting innovation by dheera · · Score: 3, Interesting

      The main reasons I see people being upset about this guy are as follows:

      (1) Having the nicely spelled domains (flicker.com, dig.com, iphone.com, whatever have you) are now filled up with junk content and not real content. It makes the quality of the internet overall worse.

      (2) If you own a trademark, like walmart.com, and he registers walmart.cm (in Cambodia) before you do, he steals a bunch of traffic from visitors that were really intending to visit your website but now are just directed to some ad page. You just lost a few potential customers, have someone doing some other junk business in your name, and now you have to also spend on lawyers to rectify the issue.

    32. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      And how would the collected funds be distributed?

    33. Re:So the market sure is promoting innovation by Txiasaeia · · Score: 1

      Gobbling up real estate is immoral.

      But delicious!

      You're both right: it's sacrilicious!

      --
      Condemnant quod non intellegunt.
    34. Re:So the market sure is promoting innovation by jcr · · Score: 1

      It only blocks the other prospective buyers if the seller wants it to.

      -jcr

      --
      The only title of honor that a tyrant can grant is "Enemy of the State."
    35. Re:So the market sure is promoting innovation by jcr · · Score: 2, Insightful

      Let's say you buy a plot of land for $1M and sell it for $2M two years later. Where does that money come from?

      From someone who parts with it willingly. What's it to you?

      -jcr

      --
      The only title of honor that a tyrant can grant is "Enemy of the State."
    36. Re:So the market sure is promoting innovation by acalthu · · Score: 2, Insightful

      How is he a scumbag? AFAIK, he's earning honest money. You can't even say it's unethical just because people were careless enough to allow their domain registrations to lapse. It's their responsibility. He's just making a profit off of other people's carelessness, which basically happens right across the board in the corporate culture.

    37. Re:So the market sure is promoting innovation by timeOday · · Score: 4, Insightful

      Its funny how when people look at someone making $$ they always focus on the REWARD and never on the RISK
      What about it? A poker game among friends in somebody's basement isn't economically productive, even though they're all risking their money.

      A real investor puts their money into something productive, which could be anything from a movie studio to a car company, that produces wealth. It's not a zero sum game, since the process results in wealth creation.

      Squatting on limited natural resources, like beach-front property, produces nothing, so it is a zero-sum game. That's OK for gamblers, but it's annoying when speculators are driving up prices for those of us who actually need housing to, you know, live in. Now if you are talking about somebody who buys a plot of land and builds a hotel on it (or other valuable improvements), that's different - they've actually put some work into creating value.

    38. Re:So the market sure is promoting innovation by aussie_a · · Score: 1

      Because real estate is sold or given away, not lost because you forgot to keep registering the domain name. You don't make profit by people going to one particular real estate property expecting one thing and getting another. Its a world of difference.

    39. Re:So the market sure is promoting innovation by Solandri · · Score: 1

      Real-estate is generally bought, developed, and sold at a profit. Net good happens there. Some real estate developers buy land they think will be profitable, and sell it months later once it is in demand. No net good, but the land usually flips within a reasonable amount of time and, hey, other landowners nearby are usually willing to sell.
      Most really successful commercial real estate moguls I know don't sell their properties. They lease (rent) it out and make income off of it perpetually. It sucks, but isn't very different from what's going on here. In fact I've seen worse in real estate. I've seen contracts where the lessee develops the land, but ownership of the building(s) gets transferred to the land owner after a certain number of years.
    40. Re:So the market sure is promoting innovation by FreakWent · · Score: 1

      Savings provides funds that others can borrow, an empty house provides nothing whatsoever.

    41. Re:So the market sure is promoting innovation by yankpop · · Score: 4, Informative

      In my experience, part of the risk is gambling that you'll be able to get zoning by-laws overturned, so that land you bought as cheap agricultural can be sold as as very expensive residential. There's enough money involved to seriously subvert the political system, making it very difficult for regular folks to get their politicians to stand behind the planning documents that are supposed to be safe-guarding the future of our communities. In the end the politicians get a nice campaign donation, and we're stuck with another eye-sore cookie-cutter subdivision on prime agricultural land.

      Full disclosure: I've been involved with enough community groups fighting against such zoning by-law changes to have come to the conclusion that all land speculators are devil-spawn, although intellectually I know that's probably not true in all cases.

      yp.

    42. Re:So the market sure is promoting innovation by ethicalBob · · Score: 2, Funny

      ...Real-estate is generally bought, developed, and sold at a profit. Net good happens there.

      Clearly you have never lived in New York City :-)

      --
      Politics will sooner or later make fools of everybody... - Dick Armey
    43. Re:So the market sure is promoting innovation by dave1g · · Score: 1

      I guess it depends on your definition of good, but they did a service for the companies that advertised with them. so that was a net good in my opinion...

      I dont think your net good argument holds any water since there are benefactors.

      Now on the domain stealing you mention, yeah thats bad, but that frustration shoudl be directed at the domain name registration system, not at the people that take advantage of it. Its like hating people who snipe in ebay, instead of hating ebay for allowing sniping, or rushing in an rts when the maker of the game made it too easy to rush, similar for camping in fps, that could mean bad map design.

    44. Re:So the market sure is promoting innovation by rtb61 · · Score: 1
      It isn't real estate it is an entry in a database, which should have been broken down and redistributed upon a national basis.

      The value is completely artificial and really is nothing but government approved squatting. As time goes on the impact will get worse, of course as the problem gets worse, then it will force the simple solution of linking existing registered business names and trade marks to IP addresses, as should originally have happened (locked done to country TLDs including .us) .

      Tough luck for the domain name squatters, as it is bound to happen. They can of course retain the entry in the original data base but nobody will be accessing it to find the actual IPv6 address.

      Of course a lot of companies will be screaming about their investment in domain names, but they will not be taken away, the data base entry will be there as long as they want to keep paying for it, it's just that the majority will DNS look up else where ;).

      --
      Chaos - everything, everywhere, everywhen
    45. Re:So the market sure is promoting innovation by etnu · · Score: 1

      That doesn't make him a non-scumbag, it just makes him a smart scumbag. If he weren't a scumbag, he'd use the domains for useful ventures, or sell them at a reasonable price to the companies, organizations, and individuals that would.

    46. Re:So the market sure is promoting innovation by bogjobber · · Score: 3, Insightful

      Speculators (real estate, stocks, commodities, etc.) may not necessarily *produce* anything, but they are a necessary part of any free market. If prices fluctuate, there will be people trying to buy low and sell high. That's just the way things work. The reward is directly related to the risk, however, so a very small amount of people have the money, intelligence, and desire to engage in pure speculation. You're more likely to lose your shirt than make a good profit if all you're doing is day trading or flipping real estate..

      I guess you could say that speculators ensure an efficient market. I'm not much of an economist, I'm sure there are much more eloquent ways to describe it than that.

    47. Re:So the market sure is promoting innovation by Squalish · · Score: 5, Insightful

      How is Jeff Bezos a scumbag? AFAIK, he's earning honest money. You can't even say it's unethical just because people were careless enough to allow 1-Click to go unpatented. It's their responsibility. He's just making a profit off of other people's carelessness, which basically happens right across the board in the corporate culture.

      How are squatters scumbags? AFAIK, they're earning honest money. You can't even say they're unethical just because people were careless enough to leave their building windows unbarred. It's their responsibility. He's just making a profit off of other people's carelessness, which basically happens right across the board in the street culture.

      How were the pioneers of the American West scumbags? AFAIK, they were earning honest money. You can't even say they're unethical just because Native Americans were careless enough to leave their property un-deeded. It's their responsibility. They were just making a profit off of other people's carelessness, which basically happens right across the board in the frontier culture.

      How are Nigerian 419 scammers scumbags? AFAIK, they're earning honest money. You can't even say it's unethical just because people were careless enough to allow their due diligence in researching moneymaking opportunities to fail. They're just making a profit off of other people's carelessness, which basically happens right across the board in internet culture.

      If you put it that way, you can explain away anything. The only reason I'm not continuing to more heinous things is that doing so would break certain laws. Though it would not be unethical, and I would only profit from the carelessness you showed in crafting your argument (which is your responsibility), I choose not to break Godwin's Law because it's the right thing to do. And natural hair wigs were too expensive right across the board in 1940, even for curly hair.

      --
      People in Soviet Russia, however, appear to be afflicted with amusing juxtapositions of the aforementioned situation
    48. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      But your explanations shows that domain squatters are not squatters, but the OPPOSITE. According to Wikipedia: "Squatting is the act of occupying an abandoned or unoccupied space or building that the squatter does not own, rent or otherwise have permission to use."

      So an actual squatter would GRAB a domain that's being unused (or held by domain 'squatters'). He wouldn't hoard domains in order to speculate or gain money from typos.

    49. Re:So the market sure is promoting innovation by localman · · Score: 3, Insightful

      That's about the best analogy I've heard. They (domain names) should be handled more like trademarks: use them or lose them. Come to think of it, patents might benefit by being handled that way too.

      Cheers.

    50. Re:So the market sure is promoting innovation by 1u3hr · · Score: 1
      How is he a scumbag?

      I'd say "parasite". No one wants to see the crap he puts on the sites, people come there either because the original site they were looking for has expired or by a typo. Instead of a 404, you get a page full of ads; mostly it's obvious and you close it immediately, but sometimes you have to poke around before you realise that its content is generated automatically. These sites fill up search results too. I can;t imagine the advertisers who pay him for hits actually get any return either. He's getting paid for delivering garbage.

      Also, anyone who would like to actually set up a real website finds that most of the obvious word variations they can think of are occupied or parked by these assholes. They have to pay a small fortune to buy a memorable address; these speculators scoop up all the expiring names so no one can reuse them for a useful site, they become zombie sites full of crap links.

    51. Re:So the market sure is promoting innovation by MightyMartian · · Score: 1

      Because domain squatting was supposed to have been a problem that was dealt with four or five years ago, and it's a damn pity to see the system still being undermined by these guys.

      --
      The world's burning. Moped Jesus spotted on I50. Details at 11.
    52. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0
      Property is sold at market value. Domain names are sold at a flat rate. They should be auctioned.

      No, domain names should be rationed. There is no excuse for any one person or company to own 300,000 domains

    53. Re:So the market sure is promoting innovation by MightyMartian · · Score: 1

      What this sort of squatting has done, in the end, is to utterly undermine and render worthless the notion of the domain name itself. Save for high-end companies where trademarks and copyrights are involved (and there are mechanisms to cut the squatters out of these domain names anyways), trying to get meaningful domain names is pointless. There's been such a migration to Yahoo, Hotmail and GMail over the last half a decade that most people don't give the old notion of "you're only a professional if your email address has a legitimate domain" much thought any more. Search engines have pretty much rendered moot the idea that the domain name itself need to have anything to do with the business or organization that runs it.

      --
      The world's burning. Moped Jesus spotted on I50. Details at 11.
    54. Re:So the market sure is promoting innovation by dheera · · Score: 2, Informative

      "you're only a professional if your email address has a legitimate domain"

      Side comment... fortunately, this still works for the .edu's.

    55. Re:So the market sure is promoting innovation by acalthu · · Score: 0

      I can only find a few half dozen holes in your analogies, but I won't bother pointing them out since you yourself know that what you stated up there is basically bull. There's no comparison.

    56. Re:So the market sure is promoting innovation by joto · · Score: 1

      I can;t imagine the advertisers who pay him for hits actually get any return either.

      You would be surprised. I can't even count the number of types where I've been with a friend and we've googled for something, and one of these pages come up. While I subconsciously immediately identify the page as "nothing there", I've had cases where I've even had to give up explaining to my friend exactly why it's "nothing there". He/she just can't get their head around the fact that it looks like a real site, but isn't. And it's not like all my friends are complete morons, more typically, they are average computer users who know how to install windows, and perhaps even hand-write HTML, but unlike geeks, can't or won't program.

    57. Re:So the market sure is promoting innovation by joto · · Score: 5, Insightful

      What this sort of squatting has done, in the end, is to utterly undermine and render worthless the notion of the domain name itself.

      It's funny then, that every time I type google.com, or slashdot.org into my browser window I end up at the same page. I would say that domain names are not worthless.

      trying to get meaningful domain names is pointless

      It always was. Search.com is not Google. Chopper.com is not Harley Davidson. Yahoo.com is not about happy people. Amazon.com is not about tall and powerful women.

      most people don't give the old notion of "you're only a professional if your email address has a legitimate domain" much thought any more.

      Why should they? It's not like a con-man couldn't afford to buy a domain name, and rent some space on a server. This rule is as silly as insisting that "you're only a professional if you wear a tie".

      Search engines have pretty much rendered moot the idea that the domain name itself need to have anything to do with the business or organization that runs it.

      Yet for some unexplained reason, the Coca Cola Company decided that they wouldn't represent their company through the jfkojiovjojw2.com domain name, but decided to go for a meaningful one instead.

    58. Re:So the market sure is promoting innovation by timmarhy · · Score: 1
      "I have been a Real Estate Agent for 8 years"

      So we can instantly assume your a lieing bastard?

      --
      If you mod me down, I will become more powerful than you can imagine....
    59. Re:So the market sure is promoting innovation by Squalish · · Score: 1

      Obviously. But do your "few half dozen" holes apply structurally to the paragraph that's being discussed, or to adaptations I have made to other subject matter?

      This guy is abusing the commons by working within the rules given to him to gather up as much intellectual property as possible through predatory measures, without himself providing any good or service. He subtracts from the value of the internet.

      Are all the people mentioned above careless in one way or another? Yes. That doesn't mean that the people who take advantage of carelessness aren't scumbags. It is not a justification. Especially where one of the rules given to him (same as the 419 scammers) is "don't piss off someone who's got lawyers to defend themselves against this extortion."

      --
      People in Soviet Russia, however, appear to be afflicted with amusing juxtapositions of the aforementioned situation
    60. Re:So the market sure is promoting innovation by mr_lizard13 · · Score: 2, Insightful

      Domain names are not real estate. God I'm sick of that flawed analogy. It's not necessarily a flawed analogy, it's just one that you don't agree with. Domain names could be compared with real estate. It's an address, after all. If I want to construct a building, I would have to accept that the plot of land I choose for my building might already been owned by someone else. Maybe they just bought it, intending to sit on it, reaping the benefits of the 'value appreciation' of that land. Domain names and real estate are not so different.
      --
      "We live in a global world" - Harvey Pitt, former Securities and Exchange Commission Chairman
    61. Re:So the market sure is promoting innovation by MobileC · · Score: 3, Informative

      (2) If you own a trademark, like walmart.com, and he registers walmart.cm (in Cambodia) before you do, he steals a bunch of traffic from visitors that were really intending to visit your website but now are just directed to some ad page. You just lost a few potential customers, have someone doing some other junk business in your name, and now you have to also spend on lawyers to rectify the issue.


      If you'd read TFA you would see that he hasn't registered any .cm domains.
      He has a wildcard redirection of unregistered domains - His site is effectivly the .cm 404 page.
      Lawyers probably won't be able to do a thing.
      --

      Fran
      :):):)
      1st 1st Poster of the new Millennium!

    62. Re:So the market sure is promoting innovation by Bromskloss · · Score: 1

      Speaking of great domain names, I see you've got yourself a little gem in "fnarg.com" there. ;-)

      (I do appreciate your post, though.)

      --
      Swedish plasma phys. PhD student; MSc EE; knows maths, programming, electronics; finance interest; seeks opportunities
    63. Re:So the market sure is promoting innovation by Fordiman · · Score: 1

      I smell sarcasm here, but it has to be said: Kevin Ham is scum.

      --
      110100 1101000 1101000 1100110 0 1101111 1101000 1100011 1
    64. Re:So the market sure is promoting innovation by magicchex · · Score: 1, Insightful

      From what I understood in the article, all the names that are redirected are NOT available to be registered, but rather are owned by the Cambodian government, with whom he has a deal to direct them all to his ad site. So it is hardly a 404 page, but a monopoly on almost every single Cambodian domain name his research has shown will attract traffic.

      The problem is, if you own MobileC.com, you cannot simply register MobileC.cm. If he has decided he wants to reap the benefits of the traffic that could be skimmed from your site, you are no longer in any position to register said name in Cambodia. If you want to go after anyone for trademark/copyright infringement, the owner of the domain is the government-owned Cambodian registrar. Good luck with that endeavor!

      --
      How many fulltime jobs can one man have?
    65. Re:So the market sure is promoting innovation by Bloke+down+the+pub · · Score: 1

      By a reasonable price, you mean the price that you decide? Because it seems the companies buying them consider them reasonable, or presumably they'd decide not to.

      --
      It's true I tell you, feller at work's next door neighbour read it in the paper.
    66. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      You know, I read the body of that post before the header and I knew it was you.

    67. Re:So the market sure is promoting innovation by yada21 · · Score: 3, Insightful

      Speculators can only sell high because people are willing to buy high. If people are willing to buy high that's what the market will hold anyways - 'ordinary' buyers would have charged higher prices eventually. Speculators are just ahead of the wave.

      Now if peiople aren't willing to pay high prices, then the market dives and the speculators get their fingers burned.

      --
      I will have a sig when the market demands it.
    68. Re:So the market sure is promoting innovation by magicchex · · Score: 1

      Thanks for the tips. I just listed domains on Sedo after reviewing both it and Afternic. So if anyone is interested in fattyfatty2x4.com, iloveje.ws, or ihateje.ws, you know where to go ;)

      --
      How many fulltime jobs can one man have?
    69. Re:So the market sure is promoting innovation by xip.dk · · Score: 1
      Actually it is only the unregistered domains. The little strip in the right side of the page explains it:

      2. The Wildcard
      Servers at state-owned Camtel scan the adress. If the name isn't registered, a line of software - called a "wildcard" - reroutes the query to a Ham-controlled site, Agoga.com
    70. Re:So the market sure is promoting innovation by magicchex · · Score: 1

      I'm sure I could look it up on Wikipedia, but I'd rather ask someone in the business; what is a real estate agent, versus a real estate broker?

      Oh, "S.E." caught my eye as well. What does that acronym stand for?

      --
      How many fulltime jobs can one man have?
    71. Re:So the market sure is promoting innovation by rjshields · · Score: 1

      How is Jeff Bezos a scumbag? AFAIK, he's earning honest money. You can't even say it's unethical just because people were careless enough to allow 1-Click to go unpatented. It's their responsibility. He's just making a profit off of other people's carelessness, which basically happens right across the board in the corporate culture.
      You're right, the corporate world is full of scumbags.
      --
      In this world nothing is certain but death, taxes and flawed car analogies.
    72. Re:So the market sure is promoting innovation by Eivind · · Score: 1

      It's getting modded as insigthful because, unlike you, some of the mods understand sarcasm.

    73. Re:So the market sure is promoting innovation by dangitman · · Score: 1

      Your comment wreaks of someone

      Wreaks? What the hell is that word supposed to mean? Where did you come across that one?

      Wreaks, for god's sake! What is the world coming to?

      --
      ... and then they built the supercollider.
    74. Re:So the market sure is promoting innovation by Fuzzie+Viking · · Score: 2, Interesting

      Ninja please. If a company needs their website to survive/profit/whatever in their target areas of the world, and they *choose to not register/renew the name*, how is it his fault? No one is stealing anything. They decided they didn't need/want whatever domain, he decided it was worth picking up.

      How would this be any different if it was the real world? If someone doesn't pay their taxes on their land, loses it and someone comes in and makes a profit buying it then... what? Or is it just because it is the internet that they are suddenly a "bad person"?

      The only people at fault are the idiots that didn't renew. The only difference between someone accidentally owning a "prime domain" (firefox.com) and gladly selling it and him is that his is a business model while the other is a fortunate circumstance. Sure in my example firefox got lucky and he donated the name, but he was damn well within his right to charge for it. Or are you saying that anyone that has a similar domain to any "bigger fish" has to automatically pass over any and all rights to their property?

      --
      I am Ergo the magnificent. Short in power, tall in stature, narrow of vision and wide of purpose.
    75. Re:So the market sure is promoting innovation by oggiejnr · · Score: 1

      Noble but the distinctions are not well enough defined. An organisation might well wish to make profits from their website in the form of donataions of "gift shop" style stuff and be registered as a registered charity which bracket do they fall into? What about an organisation which is much smaller and hasn't got registered charity status but does much a similar thing? What about an individual who wishes to raise money via his personal website for a cause close to him using similar methods?
      Where do these fall under your scheme?

    76. Re:So the market sure is promoting innovation by Attila+Dimedici · · Score: 1

      An important difference between the RE flippers being discussed and domain name squatters is that RE investors (of any kind) have large ongoing expenses for as long as they own a piece of property (real estate taxes, if nothing else). Domain name squatters are usually actually generating revenue on the domains they own (ad income). That being said, I don't know any way to change things to stop them that wouldn't make something else much worse(ungainly restrictions on registering a domain name as one example of some "solutions" to this problem).

      --
      The truth is that all men having power ought to be mistrusted. James Madison
    77. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      "reeks" not "wreaks".

    78. Re:So the market sure is promoting innovation by ronadams · · Score: 1

      Sure there is: it's a free market, and they paid for them. I hate domain squatting as much as the next guy. I agree with the Parent; it's more like patent warehousing than real estate investments. But granted that, they're still legal. Which, as another poster so eloquently stated, does not make them not scumbags. I'm not so sure there's an effective way to legislate this issue in a way that doesn't significantly impact other rights which need to be protected.

      --
      Appended to the end of comments you post. 120 chars.
    79. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      Ninja please.


      DEAD pirate.

    80. Re:So the market sure is promoting innovation by dubl-u · · Score: 1

      IF I made a fortune gobbling up prime real estate, nobody would care. why is this different?

      People would care about that if you were doing it on this scale, especially from "land" that had just been created via a lot of publicly funded research, and especially with these margins. But it's worse than that in a couple of ways.

      First, there has been a huge amount of innovation on the Internet, partly because "real estate" was cheap. But I had friends recently launch a startup, and I'd guess they spent 30 minutes on domain name research for every hour they spent coding. Finding a good name is a giant pain in the ass now.

      Second, a lot of people who buy up real estate provide actual value by building stuff or organizing the building of stuff. These guys provide no value to anybody but themselves.

      Third, real estate speculators do not actually try to trick customers of existing businesses into going elsewhere by setting up fake highways and fake stores that are only slightly different.


      To my mind, they are in the same class of people as spammers. They have found a way to impose substantial costs on other people while funneling a fraction of that value to their pockets. But because the costs imposed on any one person are relatively small, our venal and/or clueless legislators don't bother to knock the parasites loose from the system.

    81. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      If the only thing stopping you from launching a great, new, fun, useful website is that a domain name is taken, you have other problems.

    82. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      Domain names online are more like registered trademarks in real life.

      They're really more like vanity 800 numbers. The "good" ones are largely taken, but if you want to buy one from the current owner, you can. And there's nothing to say that your 800 number/domain name has to have anything to do with the name of your endeavor. And there's nothing taking away from the fact that your site will work perfectly fine without it.

      So the problem, as far as I can tell, is that people get bent out of shape because anyone can buy just about any domain for any reason, at any time. What's wrong with that?

    83. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      Like wreaking havoc? It's a word, just the wrong one. Use a dictionary the next time, or *gasp* even the computer you're using right now!

    84. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      You're right, he probably doesn't know the correct usage of "leech".

    85. Re:So the market sure is promoting innovation by Red+Flayer · · Score: 1

      (2) If you own a trademark, like walmart.com, and he registers walmart.cm (in Cambodia) before you do,
      Cambodia's TLD is .kh; Cameroon's is .cm.

      (1) Having the nicely spelled domains (flicker.com, dig.com, iphone.com, whatever have you) are now filled up with junk content and not real content. It makes the quality of the internet overall worse.
      This is mitigated by the use of Google, AOL, etc as portals. As the problem gets even worser, people will increasingly turn to using search engines as portals, os the problem kind of takes care of itself in the long run.

      (2) If you own a trademark, like walmart.com, and he registers walmart.cm (in Cambodia) before you do, he steals a bunch of traffic from visitors that were really intending to visit your website but now are just directed to some ad page. You just lost a few potential customers, have someone doing some other junk business in your name, and now you have to also spend on lawyers to rectify the issue.
      100% agreed.

      The main problem is on the content-provider end, not on the user end.
      --
      "Trolls they were, but filled with the evil will of their master: a fell race..." -- J.R.R. Tolkien on Olog-hai
    86. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      The empty houses may not, but the money I put into purchasing them sure does. Consider a system with two people. Person B buys empty land from Person A and holds it for two years before reselling it. In our closed system, Person A buys it back at a higher price. During those two years, Person A has taken that money and put it to use in a business or some other venture. He's used it to make more money and by the time he comes back to buy the property again, his money is worth more than the property was (otherwise why would he buy it back?). In a real system you have many more people, obviously, but the central truth remains the same. An investment in land doesn't put any less money into business and the economy than does purchasing stock in a company.

    87. Re:So the market sure is promoting innovation by drix · · Score: 1

      There's an even more fundamental reason why that analogy is flawed: the supply of domain names is not fixed. You can always make more. So in theory, you should never see the sort of price inflation with domain names that you do in real estate (barring branding). And, let's be honest, having an awesome domain name is a (possibly) sufficient, not a necessary condition to running a successful web site. I don't know anyone who goes to www.doctors.com if they want to find a doctor. They Google it. And speaking of Google: Twitter? Zazzle? Meebo? No one ever thought to just type that in. The search engines are the true arbiters of who get hits, not the DNS servers.

      --

      I think there is a world market for maybe five personal web logs.
    88. Re:So the market sure is promoting innovation by digirus · · Score: 1

      They automatically swoop in to register domain names that people forget to renew, then sell it back to them at extortive prices.

      I agree with most of your statements but this one is generally not possible. Reason being is that ICANN requires a Redeption Grace Period be given to all owners who let their domain expire, which usually lasts 30 days. This is in addition to a 30 day grace period given to the owner after a domain becomes expired, where they can buy it back at the normal renewal price. A total of 60 days for an owner to reclaim an expired domain. I feel this is all more than fair. If after all this time the owner doesn't reregister the domain, i have no problem with someone else buying it. However, the registrars themselves have first crack at buying it and many times do. They call it the "Extended Redemption Grace Period" where they try to sell it back to the owner at a higher price. Domains they don't sell back usually get auctioned off, at which point squatters can grab them.

    89. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      (2) RTFA
      .cm is Cameroon

      He doesn't register whatever.cm he set up a wildcard redirection so anything that doesn't resolve to a real site in Cameroon redirects to his site which displays related ads on-the-fly. No domain registered, no trademark infringed, no lawsuit.

    90. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      (3) If a small business owner (or family web portal owner) accidentally lets a domain name lapse, these people step in and extort whatever money they can out of the situation. Sure, it's the owner's fault to an extent for not staying on top of things, but the domain squatter is hardly contributing to society in a positive way.

    91. Re:So the market sure is promoting innovation by Asic+Eng · · Score: 1
      Speculators [...] may not necessarily *produce* anything, but they are a necessary part of any free market. [...] If prices fluctuate, there will be people trying to buy low and sell high. That's just the way things work.

      Agreed to the latter, but in the first part of your comment you state speculators were necessary. I don't think that holds, and you haven't been able to find an argument for it either. You might very well argue that speculators were an unavoidable side effect of a free market, and that the benefits of that free market outweighs the damage done by speculators. That would not mean that they are doing something useful however, nor would it mean that they deserve respect. Quite to the contrary, attaching a low social status to that kind of occupation would actually be vital, as it would reduce the number of people from entering an unproductive occupation.

    92. Re:So the market sure is promoting innovation by Chineseyes · · Score: 1

      In the state of NY Real Estate Brokers are allowed to directly earn money off of the sale of Real Property and are not required to hold their license under any other principle. Real Estate Agents on the other hand are required by NY State law to have their license held by a principle broker. A Broker is then legally responsibly for all real estate agents whose licenses they hold, and can be held responsible for any agents wrongdoing. In return for holding the agents license, being responsible for the agents actions, being a mentor, paying for advertising, and keeping a place of business open, the agents and broker workout an agreement on the commission split.
      Also agents are not allowed to collect and hold $$ involved with real estate transactions only real estate brokers. Those are the most basic differences between the two.

      And you won't find a word of what I just said on wikipedia stated the way I have so have fun looking.

      --
      I think the invisible hand of the market has its middle finger extended

      --A wise old fart named SC0RN
    93. Re:So the market sure is promoting innovation by timeOday · · Score: 2, Funny

      Speculators (real estate, stocks, commodities, etc.) may not necessarily *produce* anything, but they are a necessary part of any free market.
      Speculators are "necessary" only in the same way that spammers are "necessary" to email - an unavoidable and unfortunate side effect.
    94. Re:So the market sure is promoting innovation by Chineseyes · · Score: 1

      Only if I can assume that you are a fucking idiot ;-)

      --
      I think the invisible hand of the market has its middle finger extended

      --A wise old fart named SC0RN
    95. Re:So the market sure is promoting innovation by orangesquid · · Score: 1

      Project idea:
      (1) domain resolver modification/hack that returns a "not found" result for domains that aren't real sites (maybe check a list of IP addresses used for domain parking / auctioning / squatting / spamming?) In short, if you mistype "ssh myserver.org", the result will be what you expect (host not found) rather than something misleading (connection refused, login incorrect, unknown server key, etc.)
      (2) browser hack that detects and blocks pages of this type, possibly trying to correct typos

      Actually, it looks like #2 has already been done... cool =)

      --
      --TheOrangeSquid Is it any wonder things seem so awry? We swim in a sea of confusion and don't have to think to survive
    96. Re:So the market sure is promoting innovation by notabaggins · · Score: 1

      If they simply auctioned them then the squatters would bid each other out of business. They do auction them. TFA tells about such an auction. Domain names for hundreds of thousands of dollars apiece. And yet profitable. Crazy. I suspect the OP meant the registrars would hold auctions. If so, I think that rather makes some sense. Why are the registrars forced to sell for cheap if the domain names they handle are so valuable? I mean if we're going to have an "auction" system, why shouldn't the registrars make the money instead of idiots who swipe other peoples' domain names and put up stupid, useless "search" pages?
    97. Re:So the market sure is promoting innovation by Dretep · · Score: 0

      Why are so many people so upset about this particular scumbag making a huge profit this way? The answer is simple; they're pissed off they didn't think of it first.
    98. Re:So the market sure is promoting innovation by kemapa · · Score: 2, Insightful

      A real investor puts their money into something productive, which could be anything from a movie studio to a car company, that produces wealth. It's not a zero sum game, since the process results in wealth creation.

      The futures markets will be excited to hear about this (since they are, literally, a zero sum game)! The participants are not "real investors". Seriously, though, if you invest in anything but the "market" portfolio, what are you saying when you do so? If you buy a share of IBM stock at X price, you are saying that you think that share will become more valuable in the future (assuming risk aversion). But, if it does, the person who sold it to you has effectively "lost" that appreciation.

      People have vastly different beliefs about the efficiency of our markets, but I believe that any sort of "wealth creation" would have already been price into the asset that you are purchasing. Thus, if you invest in a movie studio or a car company, the only way you create wealth is if the person who sold you the investment (even the IPO, if necessary) "loses" out by missing the appreciation.

    99. Re:So the market sure is promoting innovation by magicchex · · Score: 1

      Thank you for taking the time to explain the difference to me! What about SE?

      --
      How many fulltime jobs can one man have?
    100. Re:So the market sure is promoting innovation by amohat · · Score: 1

      Oh quit bullshitting. There is no difference, really. Real estate is and always has been claimed, bought and sold in a predatory fashion.

      Folks who are whining about this domain-hoarding schmuck can't seem to admit the obvious parallels with their beloved notion of private property. You really trying to lionize real estate "developers" who buy huge swaths of land and milk their properties for all they are worth, in any way possible?

      They (usually) don't care about promoting innovation or what is good for the general public or other nonsense. They treat your precious land like a commodity and exploit it mercilessly. Always have, and are celebrated for it.

      So break your silly double standard and beat real estate moguls with one half and domain hoarders with the other. Or embrace this guy like a hero and give him his own tv show.

      Live by the sword, die by the sword.

    101. Re:So the market sure is promoting innovation by KingSkippus · · Score: 1

      You just lost a few potential customers...

      That's not all that could happen. Imagine the fun he could have with bankofamerica.cm.

    102. Re:So the market sure is promoting innovation by Chineseyes · · Score: 1

      Software Engineer

      --
      I think the invisible hand of the market has its middle finger extended

      --A wise old fart named SC0RN
    103. Re:So the market sure is promoting innovation by Mister+Whirly · · Score: 1

      I will have to Just Say No to Internet Socialism. And there is an excuse for someone to have 300,000 domains. He came up with - 1) the idea to buy them and 2) the cash. And that's all the excuse one needs...

      --
      "But this one goes to 11!"
    104. Re:So the market sure is promoting innovation by Sparr0 · · Score: 1

      I am pretty sure that simply mentioning Godwin's Law invokes Godwin's Law.

    105. Re:So the market sure is promoting innovation by andy314159pi · · Score: 1

      "You're an idiot"
      Dear Angry guy,
      it's all about the available capital and the assumption of risk... most of the large investments in real estate are funded through entities that obfuscate the risk involved in their ventures. As HomelessinLaJolla was saying, the market place is responding to artificial demand that has been induced by what amounts to fraudulently obtained capital. But it isn't normally fraudulent by legal standards, and in any event, the providers of the capital are often foreign and our laws aren't always in tune with their interests.
    106. Re:So the market sure is promoting innovation by magicchex · · Score: 1

      Oh well I feel like a dumbass but thanks for the patience and explanations ;)

      --
      How many fulltime jobs can one man have?
    107. Re:So the market sure is promoting innovation by andy314159pi · · Score: 1

      What about it? A poker game among friends in somebody's basement isn't economically productive, even though they're all risking their money.
      I think this really hits the nail on the head.
    108. Re:So the market sure is promoting innovation by LunaticTippy · · Score: 1

      Wreak is a real word, it just isn't the right one. Homophones are a bitch.

      --
      Man, you really need that seminar!
    109. Re:So the market sure is promoting innovation by JesseMcDonald · · Score: 1

      Speculators [...] may not necessarily *produce* anything, but they are a necessary part of any free market. [...] If prices fluctuate, there will be people trying to buy low and sell high. That's just the way things work.

      . . . You might very well argue that speculators were an unavoidable side effect of a free market, and that the benefits of that free market outweighs the damage done by speculators. That would not mean that they are doing something useful however, nor would it mean that they deserve respect. . . .

      Arbitrage ("buy low, sell high", or speculation) is not simply an "unavoidable side effect of a free market". It's an essential process in the formation of prices. Arbitrage is the process by which prices approach the intersection point between the supply and demand curves (to use the mathematical approximation); without such speculation there would be no mechanism to correct surpluses and shortages, or to bring about the single, optimal price for a commodity. Speculation is no different from any other form of entrepreneurship; the profit comes about by identifying and correcting some deficiency in the relationships between supply, demand, and price. Arbitrage is productive in that it serves to allocate resources toward their most urgent demands. It creates wealth by preventing the expenditure of resources on less urgent goals at the expense of more urgent ones.

      This applies also to the case where property -- real estate, commodities, tools, etc. -- is held off the market for a time. The speculator purchased the property in the expectation that the future need would be greater than the present need, and thus command a higher price. This is no less productive than any other form of arbitrage; if it were eliminated you would have present surpluses followed by future shortages. For this reason it is particularly important to permit speculation and arbitrage in the event of a major disruption, such as a natural disaster; speculation will raise the prices and ration the supply of all the items whose supply is affected by the disaster. Doing otherwise -- by setting price ceilings, for example -- will only lead to eventual shortages as unchecked demand overwhelms the dwindling supply.

      --
      "The state is that great fiction by which everyone tries to live at the expense of everyone else." - Bastiat
    110. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      That's because you're paranoid.

    111. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      I think you can't say it is illegal, but you can say it is unethical if you want to.

    112. Re:So the market sure is promoting innovation by Alpha830RulZ · · Score: 1

      Speculators provide/add liquidity to the market, by adding buyers and sellers. Liquidity is usually a good thing, because it makes people more willing to participate in the market. This in turn is another good thing, because it means prices move around in reaction to new information, and therefore do a better job of representing value accurately. The more rapidly prices react to new information, the less likely that a purchaser/seller gets screwed out of fair value.

      Speculation can certainly get overheated, but in general, speculators are not quite vermin to be shot on sight.

      --
      I was taught to respect my elders. The trouble is, it's getting harder and harder to find some.
    113. Re:So the market sure is promoting innovation by lowrydr310 · · Score: 1

      Cambodia's TLD is .kh and not .cm, that's Cameroon

    114. Re:So the market sure is promoting innovation by lowrydr310 · · Score: 2, Interesting
      I'm in the process of starting a business and came up with a great unique name (related to my last name). I did a search on the domain a while back to see if it was available but didn't register immediately. A few weeks later when I went to register, some prick had taken it and parked ads there. Surely someone had to have seen my search on that domain and took it with the hopes of extorting cash out of me.

      I didn't give in, instead I waited a year for the domain to expire. That was in February 2007, and I checked shortly after it was supposed to expire and the squatter had renewed the registration! I gave up hope and didn't think much of it, then just today this Slashdot story got me thinking. I did a search and found that the name was available, so I jumped on my opportunity to register the .com and .net domains. Thanks Slashdot for making my day!

    115. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      "if it were eliminated you would have present surpluses followed by future shortages"

      What the hell are you talking about? Did you know you are talking about *real* state? Do you know what does it mean? It means it's *real*. I means it won't vapourish. It means that it will stay there. Speculators just concentrate capitals in private hands, nothing a society really needs. Following the front beach scenarios you just can't have two scenarios after a price crisis: the properties stand in the old hands and when the situation recovers everybody gets its share, or a leecher takes advantage from the situation, the old hands get pennies and when situation recovers the whole lot goes to a single hand, demoting cash flow, reducing circulating capitals and diminishing wealth creation chances (two hundred people with a million benefits economy much, much more than one person with two hundred millions).

    116. Re:So the market sure is promoting innovation by lowrydr310 · · Score: 1

      Its funny how when people look at someone making $$ they always focus on the REWARD and never on the RISK

      Risk in Real Estate? I've seen those informercials late at night promising $100,000 a year - Real Estate always goes up so there's no risk, especially when you don't have to put any of your own money on the table!

      And thats not even including the taxes, insurance, $$ spent on improvements, interest paid on the loan the investor took out (flippers almost always use OPM in order to stay liquid), the points you get raped for by mortgage bankers on a residential deal

      Let's not forget the 6% commission for the REALTORS

    117. Re:So the market sure is promoting innovation by dangitman · · Score: 1

      I know it's a word. But I'm astounded as to why it was used in this context. Did the person even know what the word means?

      --
      ... and then they built the supercollider.
    118. Re:So the market sure is promoting innovation by KDR_11k · · Score: 1

      One question is if making enough complaints to ICANN will get the Cameroonian TLD registrar in trouble as ICANN can replace the .cm DNS with their own if they aren't happy with the way it's being handled.

      --
      Justice is the sheep getting arrested while an impartial judge declares the vote void.
    119. Re:So the market sure is promoting innovation by treeves · · Score: 1

      Nitpick: .cm is Cameroon, not Cambodia. The article discusses the deal with Cameroon at length.

      --
      ...the future crusty old bastards are already drinking the Kool-Aid.
    120. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      >> "A poker game among friends in somebody's basement isn't economically productive"

      Nonsense. Whatever enjoyment was had by the players represents the "productivity", as it were.

      "Productivity" isn't narrowly defined as very tangible goods or services.

    121. Re:So the market sure is promoting innovation by JesseMcDonald · · Score: 1

      What . . . are you talking about? Did you know you are talking about *real* state [sic]? Do you know what does it mean? It means it's *real*. I means it won't vapourish [sic]. It means that it will stay there. . . .

      Obviously the property itself isn't going anywhere. However, it could easily be made useless for some urgent future demand. For example, let's imagine a scenario involving a potential food shortage. Someone owns a bit of prime-grade farmland which they want to sell. Someone else is looking for land on which they can build some warehouses. Building the warehouses would make the farmland useless for growing food, but at present (pre-shortage) the warehouse will bring in more profit -- in order words, warehouses are a more urgent short-term demand. Sans speculators, the farmer would sell the land to the highest bidder, the warehouse-builder.

      Along comes a speculator, however, and this speculator is willing to pay more because it believes there will soon be a urgent need for good farmland. The speculator outbids the warehouse builder and leaves the land untouched for a while. The farmer receives more compensation than it otherwise would, but some people grumble about the buyer, saying that warehouses are in short supply and the speculator is wrong to hold the land off the market. They can't see the use of letting that land lie empty when there are warehouses to be built.

      If the shortage occurs, however, farmland prices will rise and the speculator will sell the land at a profit, and everyone benefits from the extra supply of food. If the speculator was wrong then it will eventually have to sell off the property at a loss (before the opportunity cost of holding onto it rises even further), and someone with more foresight can take its place. Speculators tend to be right more often than not in any event, since those who aren't bankrupt themselves in short order.

      --
      "The state is that great fiction by which everyone tries to live at the expense of everyone else." - Bastiat
    122. Re:So the market sure is promoting innovation by B_SharpC · · Score: 1

      The law requires 'due diligence' so there is properly no legal basis to IP hoarding.

      --
      Score & Karma: SASA: Slashdot Approval Seekers Anonymous
    123. Re:So the market sure is promoting innovation by Chineseyes · · Score: 1

      Thats why the people who know wth they are doing become Realtors themselves, like I did, I rarely pay broker fees when I sell an investment property.

      Also where are you from? People rarely get away with charging 6% in the tri-state area anymore it's more like 2% and if you are lucky 4%.

      There is no money in showing homes to ppl and listing property its too time consuming and there isn't enough profit because the market is flooded with brokers offering 1% commission who don't know the first thing about marketing property. All the the best agents and brokers I know who make good money do it by investing in real estate, I haven't dealt with a client since I got my brokers license 4 years ago. Sorry to burst your bubble but big time investors rarely deal with realtor's they become Realtors themselves and most of the time it is only to get access to the local MLS which typically sucks but has its uses.

      --
      I think the invisible hand of the market has its middle finger extended

      --A wise old fart named SC0RN
    124. Re:So the market sure is promoting innovation by BitchKapoor · · Score: 1

      speculation will raise the prices and ration the supply of all the items whose supply is affected by the disaster. Doing otherwise -- by setting price ceilings, for example -- will only lead to eventual shortages as unchecked demand overwhelms the dwindling supply.

      Except that the rationing mechanism may not be fair. So while there may not be an absolute shortage, there may be an effective shortage for most of the population, while it's still quite accessible to the rich few.

    125. Re:So the market sure is promoting innovation by JesseMcDonald · · Score: 1

      Except that the rationing mechanism may not be fair. So while there may not be an absolute shortage, there may be an effective shortage for most of the population, while it's still quite accessible to the rich few.

      Sure. As you said, those who have the foresight to "save for a rainy day" will be able to purchase their necessities during the disaster, whereas those who lived paycheck-to-paycheck and saved nothing will most likely go without, or at least find their lifestyle significantly curtailed. Individuals are always responsible for their own well-being; those who refuse to plan for the future may indeed find themselves lacking something essential one day. I see no injustice here.

      Anyway, the resources will be allocated by their owners, not mechanically by "the market". If those owners wish to run a charity (presumably trading financial loss for goodwill, or some other intangible) they are free to do so, just as they are free to keep the food entirely for themselves. If, however, you were to force them to run such a charity, then (a) you would be stealing from them; (b) you'd end up with a real shortage eventually, during which those necessities couldn't be bought at any price because they were consumed early on; and (c) no one would bother to save for future shortages, knowing that anything they saved would simply be taken from them.

      --
      "The state is that great fiction by which everyone tries to live at the expense of everyone else." - Bastiat
    126. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      His insanity sticks out like a sore thumb, doesn't it?

    127. Re:So the market sure is promoting innovation by Xman73x · · Score: 0

      Innovation? Yeah right more for morons who don't have a brain! LMAO sorry but in all my years of using the internet I don't see any innovations well besides Napster and Ebay etc But seriously who came up with Java and HTML I can't stand the language! Nor do I understand it! Its the most stupid form of text and words ever invented! And it needs to change to make it more understandable for people who weren't taught this form of ??? of stupid etc.

    128. Re:So the market sure is promoting innovation by Marxist+Hacker+42 · · Score: 1

      This man Is Not who he claims to be. He is neither being persecuted or disrespected, but rather stalks others. He is being mocked for that is all he is worthy of, under any of his hundreds of aliases here on slashdot (note, I only post under one- ever- for I do not believe in anonymity being a good thing- nor have I tried to attack any of his multiple personalities who post only one or two comments then disappear because they can't remember their own passwords).

      --
      SJW: a person who perceives an injustice, and while correcting it, commits a greater injustice.
    129. Re:So the market sure is promoting innovation by BitchKapoor · · Score: 1

      Sure. As you said, those who have the foresight to "save for a rainy day" will be able to purchase their necessities during the disaster, whereas those who lived paycheck-to-paycheck and saved nothing will most likely go without, or at least find their lifestyle significantly curtailed. Individuals are always responsible for their own well-being; those who refuse to plan for the future may indeed find themselves lacking something essential one day. I see no injustice here.

      It's not nearly that simple. Individuals are not entirely responsible for what happens to them, a big part of it is circumstances. Some people are born into poor circumstances, which makes it a lot harder to bootstrap to the point where they can save enough for a rainy day. Or they may even be in the process of doing that when disaster strikes—for example, a graduate student in SF or NY really can't afford to save much after basic costs of living, whereas someone at a middle of nowhere land grant school could probably save half their stipend—and which schools they get into isn't entirely within their control.

      Anyway, the resources will be allocated by their owners, not mechanically by "the market". If those owners wish to run a charity (presumably trading financial loss for goodwill, or some other intangible) they are free to do so, just as they are free to keep the food entirely for themselves. If, however, you were to force them to run such a charity, then (a) you would be stealing from them; (b) you'd end up with a real shortage eventually, during which those necessities couldn't be bought at any price because they were consumed early on; and (c) no one would bother to save for future shortages, knowing that anything they saved would simply be taken from them.

      There's one huge hole in this argument: who's to say the owners of these resources, or the people with lots of money, got to that position through entirely fair means that were open to others? What of the person who makes high-pressure business deals to get richer, or gets control over resources by underrepresenting their value to people or municipalities who are desperate for the cash? Business is all about persuasion—it's no more "pure" than government.

      Moreover, ownership is a social construct. People are granted ownership rights because society believes it's in everyone's best interest. The resources of the Earth are here to support all beings; by preventing someone from having access to the resources they need to survive, you are stealing their life from them as much or even moreso than they would be stealing from you were they to take those resources without your permission. Under extreme circumstances, we must act as a society to ensure that capitalists do not turn into the very tyrants who fight so hard to restrain by limiting government. When either capitalists or governments get out of hand, such that they are valuing themselves at the cost of society, they must be corrected. While markets work well in the common case, unregulated free markets and unrealistic price controls are both irresponsible means of managing extremely limited resources. We must ration resources not just because they are limited, but because they have value to society (sometimes unperceived value), and that social value must be maximized.

    130. Re:So the market sure is promoting innovation by JesseMcDonald · · Score: 1

      It's not nearly that simple. Individuals are not entirely responsible for what happens to them, a big part of it is circumstances.

      So you're saying that the circumstances are responsible? Circumstances don't act or plan. You can't sue circumstances when things go wrong. When an individual's actions or plans run contrary to what actually happens (i.e. the way the universe is) the only one responsible for that outcome must be the individual. That's not an assignment of blame; sometimes, as you point out, the circumstances are simply beyond one's ability to control. Just the same, no one but the individual can be held responsible for the outcome, unless that other person actively contributed to it.

      . . . who's to say the owners of these resources, or the people with lots of money, got to that position through entirely fair means that were open to others? What of the person who makes high-pressure business deals to get richer, or gets control over resources by underrepresenting their value to people or municipalities who are desperate for the cash? Business is all about persuasion--it's no more "pure" than government.

      Who cares, so long as these deals were all voluntary on both sides? The owners had the right to make any offer they wished; the sellers had the right to refuse, and chose not to. Provided the sellers weren't threatened into agreeing, and neither side was defrauding the other, what's the problem?

      Moreover, ownership is a social construct. People are granted ownership rights because society believes it's in everyone's best interest.

      False. Property rights exist because resources are scarce. Someone has to choose how those resources will be used, and the person with the right to make that choice is (by definition) the property owner. You cannot eliminate the role of ownership; rather, your only options are to respect the existing ownership or assume that ownership yourself, an act commonly known as theft. Rightful ownership can be assigned either by a system similar to common law -- homesteading and contractual transfer -- or by some other, more arbitrary, method, such as the "all property belongs to 'society' (i.e. the government)" position you seem to endorse. The former mechanism has the distinct advantage of not granting any one individual or group more rights than another. Any other mechanism divides the world into masters and slaves, those with rights and those without.

      --
      "The state is that great fiction by which everyone tries to live at the expense of everyone else." - Bastiat
    131. Re:So the market sure is promoting innovation by billcopc · · Score: 1

      It's more the fact that in this crowded web, the quality and "ring" of a domain name has a direct impact on the traffic you'll get. If your domain is "www.MyNewMyspaceKillerWithALongDomainName.com" instead of "www.talksoup.com", chances are the short name will win. Why ? Because it's easy to remember and share. What if you're having lunch with some friends and you want to tell them about your site, do you think they're going to remember the long one at all ? But everyone will remember a short catchy name like Talk Soup and will be able to type it from memory when they get to their PC, THEN they can bookmark it.

      Or what if one of your regulars wants to tell his mother about it over the phone ? He's not going to spell a 20-letter name over a long distance call to his deaf mother who can't type.

      We live in a world full of non-geeks and complete idiots, and of course foreigners whose grasp of english spelling might not always be as good as yours and mine, but we still want their eyeballs (and money). In fact, a significant aspect of domain registration is trying to think of common misspellings and registering them all (before some fraudster does). This way you're providing your users with a kind of auto-spell-check. Hello? Whitehouse.com ? I rest my case.

      --
      -Billco, Fnarg.com
    132. Re:So the market sure is promoting innovation by billcopc · · Score: 1

      I've heard of this before. I don't know where you do your searches but it happens a lot. You wait a week after checking availability and find some reseller bought your domain. All I can think of is either the site doing your searches keeps logs and sells them to a squatter, or spyware is watching your domain activity, though that seems like a waste of a bot ;) What's worse is the more visits a hoarded domain gets, the more likely its owner will renew it. Either it's making money by pimping ads, or the squatter hopes you'll cave in and pay the inflated price.

      I completely side-step this by doing my own availability checks. I just cobbled a quick PHP form that executes "whois" and pipes the output back into HTML. Only once I've made my decision do I ever visit a registrar's site.

      --
      -Billco, Fnarg.com
    133. Re:So the market sure is promoting innovation by Anonymous Coward · · Score: 0

      He is not registering walmart.cm. He is arranging with the government of Cameroon (not Cambodia) that traffic to non-registered .cm sites gets forwarded to him. So you are free to register walmart.cm yourself without lawyering up.

      Besides, his ad page probably contains ads for Wal-Mart, so those customers could very well still give you their business. You're just paying a little for the ad click.

    134. Re:So the market sure is promoting innovation by BeanThere · · Score: 1

      People complain about the welfare recipients because they're leeching from taxpayer money - i.e. yours and mine and everyone else's - while the trust fund babies who never produce anything are consuming nobody but their own money (not yours, not mine, not any taxpayer). That's the difference, not whether or not someone is productive. I could give a squat if someone is productive or not, provided they aren't taking my money.

    135. Re:So the market sure is promoting innovation by nmw · · Score: 1
      Sorry folks -- haven't posted much here so I don't know much of the markup. Have always like the site, though.

      >
      > "Search.com is not Google. Chopper.com is not Harley Davidson. Yahoo.com is not about happy people. Amazon.com is not about tall and powerful women."

      This is rather lame and shortsighted.

      I could just as well say that Firefox is not Internet Explorer -- and neither are an IPod. WTF? Are people *totally naive*? If you're looking for a hotel, then you do *not* type hotel into Google.COM -- right? I mean, like: HELLOooo! That there isn't alot happening here yet is no indication that this will continue to be the case.

      So the coffee is already freshly brewed -- wake up and smell it! (enter shameless self-promotion here ;)

      BTW: the blog that goes along with that article ("The Key") is *heavily censored* -- so what else is new, right? So don't expect opening alot doors of perception on *that* one. Instead, here's an "open invitation" (but unfortunately I won't be able to "sell" you anything -- except may an idea or two): Wisdom of the Language

      ps: why list the domain name when linking out -- does that add meaningful information or not?

  2. Having a bunch of domains == "owns the Internet"? by dn15 · · Score: 5, Insightful

    Sensational much?

  3. Really? by HomelessInLaJolla · · Score: 5, Interesting

    But the big money is in the aftermarket, where the most valuable names -- those that draw thousands of pageviews and throw off steady cash from Google's and Yahoo's pay-per-click ads -- are driving prices to dizzying heights Why do I suspect that his business colleagues are using botnets to artificially inflate those pageviews? If one follows the money paid in the advertising--whose pockets are he picking?

    This seems to be an obvious case of multimillion dollar fraud yet I can see how it would be difficult to investigate and prove.

    And what few people know is that he's also the man behind the domain world's latest scheme: profiting from traffic generated by the millions of people who mistakenly type ".cm" instead of ".com" at the end of a domain name And advertisers accept his claims of legitimate page views without any skepticism? I get the feeling that the American investment money and the government subidies going into online conglomerates are being seriously screwed.
    --
    the NPG electrode was replaced with carbon blac
    1. Re:Really? by jd · · Score: 2, Insightful
      Advertisers will accept anything, if they think they can make someone else believe (and pay) all the more. Yes, a great many people are probably being bilked and scammed vast sums of money, but so long as the right people get paid their cut, nothing is going to happen about it. It took years before anything was done about cybersquatting, and to this day MANY sites (including Slashdot) are subject to shadowy ad-ridden spamsites exploiting mis-spelling at every opportunity.

      Fraud? Yes. Tolerated? Well, yes. And therein lies the real problem.

      --
      It's a small world and it smells funny; I'd buy another if it wasn't for the money; Take back what I paid (SoM)
    2. Re:Really? by Solandri · · Score: 4, Insightful

      Why do I suspect that his business colleagues are using botnets to artificially inflate those pageviews? If one follows the money paid in the advertising--whose pockets are he picking?
      The most lucrative sites are general names, not typosquats. You're probably correct that most people who make a typo just ignore the ads and type in the URL again. But a surprising number of people who are, say, visiting Palm Springs will just type www.palmsprings.com into their browser, bypassing search engines like Google (dunno if that's a real site, but my guess would be it almost certainly is). These people will click on the ads on that site because it's exactly what they're searching for. I suspect most of the revenue comes from these types of domains. The article does focus on typos (mainly typos in .com), but that's probably because that's where all the new domain acquisition business is. Nearly all the "good" domain names under .com were sold long ago.
    3. Re:Really? by complete+loony · · Score: 1

      I'm guessing all they typed in was "palmsprings" and their browser did the rest. This sounds like the perfect excuse for a BIND patch that will drop all queries that return the IP of a known typo-squatter, including Network Solutions.

      --
      09F91102 no, 455FE104 nope, F190A1E8 uh-uh, 7A5F8A09 that's not it, C87294CE no. Ah! 452F6E403CDF10714E41DFAA257D313F.
    4. Re:Really? by Marxist+Hacker+42 · · Score: 1

      This man Is Not who he claims to be. He is neither being persecuted or disrespected, but rather stalks others. He is being mocked for that is all he is worthy of, under any of his hundreds of aliases here on slashdot (note, I only post under one- ever- for I do not believe in anonymity being a good thing- nor have I tried to attack any of his multiple personalities who post only one or two comments then disappear because they can't remember their own passwords).

      --
      SJW: a person who perceives an injustice, and while correcting it, commits a greater injustice.
  4. Nope.... by Anonymous Coward · · Score: 0

    Slashdot owns the internet...

    1. Re:Nope.... by glittalogik · · Score: 3, Funny

      No, Slashdot pwns the internet. Subtle distinction.

    2. Re:Nope.... by EvilBudMan · · Score: 1

      Nope.

      There is this guy that owns the internet. He also has a bunker many feet below Area51 where he uses stolen alien technology to get rich.

  5. If a spellchecker is added to the location bar by Palmyst · · Score: 3, Interesting

    how much revenue will he lose? Of course not all real websites of interest are correctly spelled English words. Nevertheless an extension to Firefox that would avoid these SEO squat sites would not be too hard.

    1. Re:If a spellchecker is added to the location bar by Anonymous Coward · · Score: 0

      That's what CS folks call "decidable problem."

    2. Re:If a spellchecker is added to the location bar by Anonymous Coward · · Score: 0

      "undecideable"

      Damn, I'm seeing two bottles now.

  6. what!? by Neuropol · · Score: 3, Funny

    I can't believe you didn't use PWNS in the title of this story! I want my money back ;P !

  7. Does ANYONE click on those ads? by khasim · · Score: 3, Interesting

    So, you're typing in a URL and you make an error.

    And you end up at a page with nothing but ads. Lots of ads. Ads for EVERYTHING. Ads all over the place.

    Does ANYONE here click on ANY of those ads?

    If so, why?

    1. Re:Does ANYONE click on those ads? by mobby_6kl · · Score: 4, Informative

      Yes. Because people will click on anything.

    2. Re:Does ANYONE click on those ads? by rayzat · · Score: 1

      I have, most of the time not intentionaly mind you, but there have been several occasions where I mistyped a domain got the page o' ads and then a window from another program pops up I click somewhere and end up accidentally clicking on an ad. There are other times where I'll go to some URL like www.aspecificplace.com the ad screen pops up and the first ad says the official web page of specific place, so I give it try, A good potion of the time 80% plus, it's the right palce. The other thing is how many people do you really need to click to be sucessful. You can get a domain for $9/year, let's say the ad get's you $.50, get 18 people to click on it and you paid the domain registration. So all you need is 2 mistaken or shot in the dark clicks a month and you're making money. If you get a couple a day you're making several hundred a year. I do know people who will go to an ad trap and click on each item, all 20+ of them thinking one click might take them where they want to go.

    3. Re:Does ANYONE click on those ads? by ragefan · · Score: 1

      Does ANYONE here click on ANY of those ads?

      If so, why? Yes, sometimes. To make to people and/or businesses paying to advertise on those "sites" have to pay more for the clicks. Just middle-click in FF and close the tab that pops.
    4. Re:Does ANYONE click on those ads? by QuickFox · · Score: 4, Insightful

      To make to people and/or businesses paying to advertise on those "sites" have to pay more for the clicks. You're just enriching the scumbags who make the sites. The advertisers don't chose to appear on such sites, they're just regular customers buying ads from Yahoo, Google etc. Most advertisers are probably completely unaware that companies like Google enable and encourage this sort of thing.
      --
      Terrorists can't threaten a country's freedom and democracy. Only lawmakers and voters can do that.
    5. Re:Does ANYONE click on those ads? by seaturnip · · Score: 1

      It's probably not that irrelevant, after all the ads are usually generated from words in the domain name using AdSense semantic analysis and such. Thus it is possible to be sent to someplace you are actually interested in. That wouldn't happen to us, since we know the difference between the address box and a search box and the only time we reach such sites is a typo, but it would happen to grandma who types some random words and slaps .com after it hoping to reach something.

    6. Re:Does ANYONE click on those ads? by rs79 · · Score: 1

      "So, you're typing in a URL and you make an error"

      You made an error.

      You know, I wish my car would correct for me when I make an error. Computers are dumb. They do what you tell them to.

      I'm tyring to think how many times I've typed in the wrong name and been inconvenienced. I can't actually remember but I'm sure I have. I guess. It's not like I'm the worlds best speller.

      It seems to me if this is a persistant problem for you you might want to slow down a bit, have one less jolt cola and type a bit more carefully. In all honesty how many times a year do you make this kind of mistake and how long does it take you to hit the back button? If you spent more than 5 mins a year on this "problem" then I posit in the grand scheme of things this is a non-issue.

      --
      Need Mercedes parts ?
    7. Re:Does ANYONE click on those ads? by Anonymous Coward · · Score: 0

      GeekSense trumps Ads(ense?).

    8. Re:Does ANYONE click on those ads? by lowrydr310 · · Score: 1

      I do know people who will go to an ad trap and click on each item

      Whatever you do, DON'T go to adtrap.com

  8. What? by spellraiser · · Score: 5, Funny

    I thought this guy owned the Internet.

    --
    I hear there's rumors on the Slashdots
    1. Re:What? by emurphy42 · · Score: 1

      I thought Henry van Statten did!

    2. Re:What? by Ice+Wewe · · Score: 1
      I thought Bender owned it!

      "Everyone was doin' it, I just wanted to be popular..."

    3. Re:What? by JavaArtisan · · Score: 1

      Is that a tinfoil hat he has on? He's a Slashdotter!

    4. Re:What? by RealGrouchy · · Score: 1

      I thought this guy [owneroftheinternet.com] owned the Internet.

      Looking at his site, I'd say he'd be, at most, Mayor of Myspace.

      - RG>
      --
      Hey pal, this isn't a pleasantforest, so don't waste my time with pleasantries!
    5. Re:What? by Anonymous Coward · · Score: 2, Funny

      Well then I will register OwnerOfTheInternet.cm

  9. Proper attribution - Business 2.0 by Mr+44 · · Score: 2, Informative

    CNN is just reprinting a Business 2.0 article - how hard is it to attribute things properly? It's not quite as bad as crediting "Yahoo" for AP news stories, but still...

    1. Re:Proper attribution - Business 2.0 by Shabbs · · Score: 1

      I believe they are one and the same now...

      http://money.cnn.com/magazines/business2/

      Cheers.

      --
      Mark
  10. uhm by Anonymous Coward · · Score: 0

    REDDIT

  11. There are good examples. by emj · · Score: 3, Interesting

    Take a look at http://weddingshoes.com/ it's a very good link farm. I would click on those links if I really wanted wedding shoes.

    1. Re:There are good examples. by Anonymous Coward · · Score: 1, Funny

      Argghh! I'm a compulsive clicker you insensitive clod! Now what am I going to do with 8 pairs of wedding shoes! It's not like I can wear them to work, for heaven's sake they're Wedding Shoes!

    2. Re:There are good examples. by QuickFox · · Score: 1

      It's not like I can wear them to work, for heaven's sake they're Wedding Shoes! That's very simple. You can wear them to work if you simply quit your current job and become a transvestite stripper in a gay bar.
      --
      Terrorists can't threaten a country's freedom and democracy. Only lawmakers and voters can do that.
    3. Re:There are good examples. by seaturnip · · Score: 1

      Yes but that page is actually custom-designed. We're talking about domains with 100% crap autogenerated with words that have semantic links to words in the domain name.

    4. Re:There are good examples. by Anonymous Coward · · Score: 0

      become a transvestite stripper in a gay bar.

      Did someone say gay bar?
      http://video.google.com/videoplay?docid=-331996797 8568410735

      Watch the video and then try to get that damn song out of your head. It's much harder to get rid of than "Chacarron"

    5. Re:There are good examples. by Reziac · · Score: 1

      Actually, it's a template: I've run into the same linkfarm page several times, for completely different topics, with the wording exactly the same except for the few topic-specific terms.

      --
      ~REZ~ #43301. Who'd fake being me anyway?
  12. Re:Having a bunch of domains == "owns the Internet by __aaclcg7560 · · Score: 0, Troll

    Not anymore different than Al Gore "inventing" the Internet. I wouldn't be surprised if Al filed a lawsuit to protect his invention. :P

  13. NUTS by Anonymous Coward · · Score: 0
  14. IP addresses by Anonymous Coward · · Score: 5, Informative

    Block outgoing TCP packets on port 80 to these IP addresses:
    64.20.33.115
    64.20.33.131
    64.20.49.210
    64.40.116.41
    66.45.231.154
    69.46.226.166
    204.13.160.26
    204.13.160.129
    208.254.26.132
    208.254.26.140
    209.200.153.152
    216.34.131.135
    217.68.70.69
    That should get rid of many pages you get to when you type "typos".

    1. Re:IP addresses by Jarjarthejedi · · Score: 1

      Or just follow my simple strategy, if it's not bookmarked type it in google and do a quick search. This is ridiculously easy in FF because you can just type "SiteA" in your address bar and it'll ask google for the "I'm feeling lucky" result and go there, if you don't get the right site do a full google search.

      Course I rarely visit sites that aren't direct links or bookmarks so this is an easy strategy for me but I haven't had a single typo page in years.

      --
      There are two kinds of fool One says 'This is old therefore good' Another says 'This is new therefore better'- Dean Ing
    2. Re:IP addresses by dreamlax · · Score: 0, Offtopic

      President Skroob:

      That's amazing, I've got the same combination on my luggage!

    3. Re:IP addresses by Anonymous Coward · · Score: 0
  15. I have no hesitation by jeevesbond · · Score: 5, Insightful

    Having been on the wrong side of 'cybersquatters' this is an issue close to my heart. I wouldn't mind if these people took a domain and did something useful with it, but instead they just plaster it with advertising and watch the cash roll in.

    Am not even that bitter (it wasn't even me that lost the domain but the previous owner of my site), what makes me angry is the way these people just leech ad views without giving anything back. Scummy blighters, the lot of them!

    Problem is what should be done about these people? It's not as if the government(s) of the world are competent enough to deal with problems like these (tubes anyone). ICANN is the organisation we should turn to: perhaps make a rule that the owner of a domain has to actually do something with it within a set period of time (say 6 months to a year). If all they've done in that time is plaster it in advertising (or have done nothing) it should return to the pool, perhaps with a bar disallowing the ghastly spammer from buying it again for a year.

    This is pretty controversial and I suppose if someone pays for something they have a right to do what they like with it. That doesn't detract from the fact that these people are like parasites, filling the Internet with rubbish and getting in the way of those of us who just want to provide a service.

    --
    I'm going to transform myself into a mighty hawk. Either that or I'll just go and work at Dixons, haven't decided yet.
    1. Re:I have no hesitation by megaditto · · Score: 1

      Is your post supposed to be funny?

      --
      Obama likes poor people so much, he wants to make more of them.
    2. Re:I have no hesitation by Anonymous Coward · · Score: 0

      it wasn't even me that lost the domain but the previous owner of my site

      Is that a joke?

    3. Re:I have no hesitation by QuantumG · · Score: 1

      1. Trademark your company/product name
      2. Ensure your domain name contains the trademark
      3. Renew your domain name registration on time (for fuck sake)
      4. If someone buys up your domain when you're not looking, sue them for trademark infringement.
      5. Stop complaining on Slashdot.

      oh, all right then..

      6. ???
      7. Profit!

      Will that joke ever die? Thank you South Park.

      --
      How we know is more important than what we know.
    4. Re:I have no hesitation by jeevesbond · · Score: 1

      Is that a joke?

      No, I was involved with running this site for a number of years before buying it. We own (and owned) several variations on the domain name of the site. Imagine the joy of sending everyone on the member list an e-mail saying: 'don't use the .com to visit us, use the .net instead'. The previous owner was somewhat useless, hence why he was selling it.

      Wow, bet you're pleased you asked now (that was a joke, well sarcasm anyway ;) )

      --
      I'm going to transform myself into a mighty hawk. Either that or I'll just go and work at Dixons, haven't decided yet.
    5. Re:I have no hesitation by jeevesbond · · Score: 1

      3. Renew your domain name registration on time (for fuck sake)

      I have and do, as said it wasn't my mistake. But yes, you're absolutely right. :)

      4. If someone buys up your domain when you're not looking, sue them for trademark infringement.

      Ahhh, how easy that is said yet how costly it would be to do. I will certainly take you up on your advice when I have as much free cash as the spammer that is the subject of this article. Maybe I should spend less time on /. and more time working!

      5. Stop complaining on Slashdot.

      Why? You think this guy isn't doing something scummy? Am not looking for a shoulder to cry on here, just warning people what these spammers are like.

      --
      I'm going to transform myself into a mighty hawk. Either that or I'll just go and work at Dixons, haven't decided yet.
    6. Re:I have no hesitation by QuantumG · · Score: 1

      What he's doing is leeching off your trademark to make money advertising similar products (if the advertising is targetted at all, let's hope it is) which is pretty scummy alright.. but that's why we have trademark law.. and yes, unfortunately, talking to a lawyer costs money.

      Business is like that.

      --
      How we know is more important than what we know.
    7. Re:I have no hesitation by Dhalka226 · · Score: 1

      It seems to me that the squatters aren't the problem so much as people who let their registrations lapse. I think we can agree that if somebody legitimately gets to a domain name first and decides to just plaster ads on it that's perfectly fine for him to do, even if it's not necessarily desirable overall.

      So it seems to me that any solutions should involve making it more difficult to swipe a domain name. What about a system such as this as an example:

      1. A domain name expires. It is held for 30 or 60 days.

      2. An email is sent to the registered email address for the domain. It's not a "renew your domain!" notice (presumably those would already have been sent). It's actually the opposite: "If you intentionally didn't renew your domain name, click here." If they do so, the domain is instantly released and available to whomever. Presumably if they got the email but DIDN'T mean to let the registration lapse they will go and recover it; they should be permitted the exclusive right to do that during that holding period. (Registrars also shouldn't rip people off. It should cost the renewal fee to get back, not some extortion "we own your domain now!" fee.)

      3. If they neither register nor acknowledge they don't want it within, say, a week, they are contacted at their registered mail address. The letter basically says "you have until ___ to renew or your domain will be released." That's their final chance. Either they renew their domain or it is open to anybody at the end of the hold period.

      4. Nobody cries if all of this happens and their domain gets snagged by somebody else.

      Obviously there would be a significant cumulative cost to the registrars, so perhaps the cost of a stamp or maybe a little more to handle international registrations could be added to the cost of a registration. It is not perfect and it's not going to prevent everybody who wants to keep their domain from losing it, but there comes a point where if a good-faith effort is given to allow people to keep their domains--often important property--that losing it leaves them nobody to blame but themselves.

    8. Re:I have no hesitation by FreeKill · · Score: 1

      The problem is who would decide what is "doing something" and what isn't? You'd be amazed how much effort and time goes into perfecting those advertising pages or product marketing pages to generate profits. I think the system is fine as is. If you want a domain name, figure out what you want quickly and buy it before someone else does.

    9. Re:I have no hesitation by mcrbids · · Score: 1

      ICANN is the organisation we should turn to: perhaps make a rule that the owner of a domain has to actually do something with it within a set period of time (say 6 months to a year). If all they've done in that time is plaster it in advertising (or have done nothing) it should return to the pool, perhaps with a bar disallowing the ghastly spammer from buying it again for a year.

      There are too many problems with suggestions like these to name.

      1) What if the POINT of the business is advertising? Hey, I might want to buy an airplane, or rent a room - being able to find one is a legitimate service!

      2) Who is going to police it? Really? With the bazillions of domain names expiring every year, policing this is just an absurd task.

      3) Just because I haven't done anything yet with a domain, EG: doesn't mean I don't have plans for it. Granted, the plans may be a year or more before completion, but that's not to say that nothing is happening!

      4) And even if problems 1 to 3 could be addressed, whose standard are you going to apply? Remember, the Internet is INTERNATIONAL and ICAAN is more of a technical body than a regulatory or legislative one.

      Personally, I think that the way to handle this is to take out some of the profit potential for being a sleazebag like TFA is about. Domain squatting is a civil offense, and the loser is the person who can't own an otherwise useful domain because the squatter has, in a classic case of "tragedy of the commons", already taken the domain name.

      So I suggest that

      A) ICANN publish a set of rules for what determines a legitimate use of the domain. These rules would allow for defense of trademarks, and parking for intended future development.

      B) Provides a procedure for arbitration, where there are fees which are paid by the LOSER of the arbitration.

      Thus, if I need the domain Watermelon.com and find it squatted, I could initiate proceedings with a reasonable expectation of getting the domain free of charge if the domain is legitimately squatted according to ICANN rules.

      This would drastically deflate the profit potential of the domain-name land-grab that's been going on and provide a reasonable expectation that domain names have something to do with who registers them. This would effectively shift the cost of dealing with the scumbags onto the 'bags themselves.

      --
      I have no problem with your religion until you decide it's reason to deprive others of the truth.
    10. Re:I have no hesitation by Target+Drone · · Score: 1
      ICANN is the organisation we should turn to: perhaps make a rule that the owner of a domain has to actually do something with it within a set period of time (say 6 months to a year).

      I've often thought that a person or corporation should only be allowed to own 1 domain. If a person/company really wants more domains then they can create additional child corporations. But it would be impossible to acquire hundreds of thousands of domains because of the overhead of creating corporations, annually re-registering them, filling income tax for the profits on the page views, etc.

    11. Re:I have no hesitation by jafiwam · · Score: 1

      I wouldn't mind it so much, except these assholes don't seem to be _paying_ for the domains they squat on.

      Fail to renew and it goes in a never ending loop of different "pending" statuses that doesn't let you buy them, meanwhile someone is USING them for a profit. How the fuck exactly does that work? It seems to me a "pending deletion" should show nothing, just not resolve. Yet there they are, linking what was formally a respected site to German scat porn.

      They should arrest and shoot these assholes for using their "reseller status" fuck up the domain name registration process.

      Even if you wanted to get them back, you can't. So it becomes so much of an internet cumstain on the wall doing nothing, looking ugly and nobody there cares to clean it up.

    12. Re:I have no hesitation by rs79 · · Score: 1

      "1. Trademark your company/product name
      2. Ensure your domain name contains the trademark
      3. Renew your domain name registration on time (for fuck sake)
      4. If someone buys up your domain when you're not looking, sue them for trademark infringement."


      This will only work if "someone" uses the domain in the same country for the same class of goods or service.

      "There's Delta faucets and Delta airlines. Nobody turns on the tap and expects to hear an airplane schedule" - John Berryhill.

      --
      Need Mercedes parts ?
    13. Re:I have no hesitation by jeevesbond · · Score: 1

      Hey, I might want to buy an airplane, or rent a room - being able to find one is a legitimate service!

      Absolutely right. Am not advocating taking down all sites with advertising, it's obvious the sites you pointed to are providing a service. I've used sites similar to those in order to find hotels and restaurants, tourist attractions and flights before now. They may be a bit scummy, but there's a whole world of difference between them and: webmaster-forums.com for example. I'm sure the spammers would like to blur the lines between useful and spam as much as possible, so their crap is indistinguishable from a real site. This would be difficult to police.

      2) Who is going to police it? Really? With the bazillions of domain names expiring every year, policing this is just an absurd task.

      Well this could be done by complaints, when someone complains a spammer is holding their domain for ransom ICANN could investigate. If the spammer is abusing trademark or not using the domain for anything other than spamming it should get returned to its rightful owner or put back into the pool of free domains.

      Since this is a hypothetical situation I'd like to see /. police it. That or some other on-line community with more sense than the world governments. Could be funny, we'd probably see microsoft.com redirected to ubuntu.com or goatse though, which would be funny but not wholly fair. :)

      3) Just because I haven't done anything yet with a domain, EG: doesn't mean I don't have plans for it. Granted, the plans may be a year or more before completion, but that's not to say that nothing is happening!

      I concede this point, although it would be somewhat fair if you knew what the deal is when you buy a domain. As long as the same rules apply to everybody: get something useful on your domain in a year or it could go back into the pool.

      4) And even if problems 1 to 3 could be addressed, whose standard are you going to apply? Remember, the Internet is INTERNATIONAL and ICAAN is more of a technical body than a regulatory or legislative one.

      True, but your solution requires that ICANN do more than just the technical too. Maybe it's time to have a different international body to look after the legislative arm of the Internet. I like your idea though. It's pretty much what I'm advocating, but better explained.

      --
      I'm going to transform myself into a mighty hawk. Either that or I'll just go and work at Dixons, haven't decided yet.
    14. Re:I have no hesitation by rs79 · · Score: 1

      "Obviously there would be a significant cumulative cost to the registrars, so perhaps the cost of a stamp or maybe a little more to handle international registrations could be added to the cost of a registration. It is not perfect and it's not going to prevent everybody who wants to
      keep their domain from losing it, but there comes a point where if a good-faith effort is given to allow people to keep their domains--often important property--that losing it leaves them nobody to blame but themselves."


      How much of a grace period do you want? Used to be there was none. Then it was a couple of days. Now it's like a month or someting. If you or anybody else doesn't notice the domain stopped working how much can you really want it?

      --
      Need Mercedes parts ?
    15. Re:I have no hesitation by rs79 · · Score: 2, Insightful

      "This is pretty controversial and I suppose if someone pays for something they have a right to do what they like with it."

      That's sorta the catch-22 here. If one person has a right to decide what the other person can and cannot do with a domain name then we're all screwed.

      That way there be dragons.

      --
      Need Mercedes parts ?
    16. Re:I have no hesitation by QuantumG · · Score: 1

      The argument is easily made that they are violating your trademark because they are directing the domain name to advertisement that are similar to your product. If they're not doing that, you're not going to have much luck claiming trademark infringement, but they are not going to make as nearly as much money either. Of course, advice number 3 is still the best.

      --
      How we know is more important than what we know.
    17. Re:I have no hesitation by rs79 · · Score: 0, Troll

      "I've often thought that a person or corporation should only be allowed to own 1 domain. If a person/company really wants more domains then they can create additional child corporations."

      That's just daft. I have a domain for cars (mbz.org) and one for tropical fish (aquaria.net).

      I have to make two incorporations to be able to have these? How bout not?

      --
      Need Mercedes parts ?
    18. Re:I have no hesitation by rs79 · · Score: 1

      "when someone complains a spammer is holding their domain for ransom ICANN could investigate"

      ICANN can't fart for less than $100,000.00.

      --
      Need Mercedes parts ?
    19. Re:I have no hesitation by Anonymous Coward · · Score: 0
      That's just daft. I have a domain for cars (mbz.org) and one for tropical fish (aquaria.net). I have to make two incorporations to be able to have these? How bout not?

      You would only need one corporation as you as a person could register one domain. You might also be able to register one in your wife/child's name if they don't have any. We could also make it so that every person/corporation can have 5 domains or something. The point being there is no good reason for any single entity to have thousands of domains.

    20. Re:I have no hesitation by Spy+Hunter · · Score: 1

      There is only one permanent solution: redesign the browser and eliminate the "address bar" which most users do not understand, and replace it with a search box. The domain name section of the URL should still be shown (with TLD and first subdomain in bold to combat phishing), but be non-editable. The rest of the URL (protocol, path, query, and anchor) should not be shown unless a drop-down button is clicked to reveal an edit box.

      This would kill the traffic to all squatter sites, add resistance to phishing, and improve the user experience in one fell swoop. A checkbox option to add the address bar back would pacify the web developers who are resistant to change. Everyone else would welcome this.

      --
      main(c,r){for(r=32;r;) printf(++c>31?c=!r--,"\n":c<r?" ":~c&r?" `":" #");}
    21. Re:I have no hesitation by fishbowl · · Score: 1

      >The point being there is no good reason for any single entity to have thousands of domains.

      There is no compelling state interest to deny them, and the fact that some enterprising individual was able to acquire them, means you could have acquired them also, if you'd been in an equivalent negotiating position. So the economic system favors the wealthy person who gets to the resource first. That sucks, but, it would suck even more to make some kind of law to constrain such a thing.

      Basically, if something was for sale, and someone bought it, you could have too. The fact that you didn't have the money or other negotiable interest is not relevant to the fact that it was available on an open market. I realize this sucks, and I also realize there's an argument for a public interest in manipulating this market, but as of right now, it isn't treated as such, and I think it won't be.

      --
      -fb Everything not expressly forbidden is now mandatory.
    22. Re:I have no hesitation by nEoN+nOoDlE · · Score: 1

      perhaps make a rule that the owner of a domain has to actually do something with it within a set period of time

      Have you gotten these SPAM messages lately that have a little information about something, or just random sentences strung together and then just go into the SPAM portion? If a law like the one you propose ever gets applied, what's stopping domain squatters from putting in a few paragraphs in reference to the domain name with a bit of information and a bunch of ads? You can't argue that they haven't done anything with the site. What's the line between squatting and just a crappy website?

      --
      Don't trust a bull's horn, a doberman's tooth, a runaway horse or me.
    23. Re:I have no hesitation by The+Cisco+Kid · · Score: 1

      Yeah that would be great for people that actually do want to go to a specific site, say their kids schools website, or the employers, or maybe their online banking site. Maybe their own private site that isnt listed in search engines (and they dont want it there either).

      Lets take the dials off phones while we are at it, and instead when you pick up the phone you get information that connects you to whoever you find. Oh, your party has an unlisted number? No way to call them.

    24. Re:I have no hesitation by Anonymous Coward · · Score: 0

      "make a rule that the owner of a domain has to actually do something with it within a set period of time (say 6 months to a year)."

      The problem is that domain names (and the Internet) is not just web. If I just set up an MX for the domain (configured to reject all email except postmaster@ and abuse@, say), I have done something with it.

    25. Re:I have no hesitation by nuttycom · · Score: 1

      I've always thought that domain names should be like mining claims - in that you're forced to provide evidence of having worked the claim to renew it.

      Folks in the old west got it right, but of course those who don't know history...

    26. Re:I have no hesitation by Spy+Hunter · · Score: 1

      Read my proposal aagain. You only have to click a button to reveal an edit box, where you can enter URLs to your heart's content. To correct your analogy, this is like putting a keypad lock feature on a cell phone so it doesn't dial numbers unintentionally. Only the unintentional dialing is being done by people who don't know the difference between an address bar and a search box instead of random objects in your pocket.

      --
      main(c,r){for(r=32;r;) printf(++c>31?c=!r--,"\n":c<r?" ":~c&r?" `":" #");}
  16. Basement by zedturtle · · Score: 3, Funny

    Wonder if he's got a Dalek in his basement?

  17. Sack of... by MECC · · Score: 0, Troll



    Early on, he wrote software to snag expiring names on the cheap.

    Since spam introduces meaningless noise in email, isn't what this guy is doing introducing meaningless noise in the DNS system? Maybe an RFC is needed to further and more specifically define such worthless noise and abuse in the DNS system.

    Ham is a devout Christian, and he spends $31,000 to add Christianrock.com to his collection, which already includes God.com and Satan.com.

    Why is that not surprising...

    --
    "We are all geniuses when we dream"
    - E.M. Cioran
    1. Re:Sack of... by Yartrebo · · Score: 1

      He is just returning the favor to his dark lord by delivering the web name of his arch nemesis to him. After all, had he even a shred of morality in him, he would not have done what he did and he would be a poor middle class person earning an 'honest' living instead of living the good life.

    2. Re:Sack of... by rs79 · · Score: 1

      "isn't what this guy is doing introducing meaningless noise in the DNS system?"

      No, it uses whois, not dns. NSI throttled the whois servers.

      These days buying a registrat accreditation is really just buying a slice of the whois service you can abuse all you want. Many registars are just um, "domain hobbyists". In a sense ICANN legitimized the whole process. Keep in mind the "registrar constituency" is a major source of ICANN funding.

      --
      Need Mercedes parts ?
    3. Re:Sack of... by MECC · · Score: 1

      True enough. It just seems that what he's doing artificially raises the price of domain names, and may prevent others with relevant interest from using a domain name - i.e. if the church of satan wanted to use satan.com, but a devout christian won't sell it to them, and uses it to promote christian propaganda.

      --
      "We are all geniuses when we dream"
      - E.M. Cioran
  18. Sorry for double-posting... by jeevesbond · · Score: 1

    Sorry to double-post but I missed something in TFA that /.ers might need to be aware of:

    Until now Ham has never talked publicly about his business. You won't find his name on any domain registration, nor will you see it on the patent application for the Cameroon trick.

    (emphasis mine) Patent application?! He's patenting being a scummy bastard and redirecting .com domains to .cm? Wow, just wow.

    --
    I'm going to transform myself into a mighty hawk. Either that or I'll just go and work at Dixons, haven't decided yet.
  19. kevinh.am is still avalible by bunbuntheminilop · · Score: 1

    I gave my credit card to my gf. Someone buy this domain quick!

    1. Re:kevinh.am is still avalible by Anonymous Coward · · Score: 0

      Your "girlfriend"? Ha Ha that was a funny one. This IS Slashdot you know!

  20. Alternative headline by Zouden · · Score: 4, Funny

    "Ham Just As Bad As Spam"

    --
    "A week in the lab saves an hour in the library"
  21. What would be nice by Zonk+(troll) · · Score: 1

    Is a "squatter filter". Basically, it should work like the phishing filter in Firefox, but detect squatters. If you go to a domain that a squatter took, for example, bluemicro.net*, it would give a (built in) page warning that the domain was taken by a squatter.

    I would love this as I've noticed many of my users actually click links or use the search box on those "search sites" when they mistype a domain (I read the logs, it happens several times a day). Anything to help prevent these assholes from making money off of that would be awesome.

    * Does anyone know of a mirror? Their host file was pretty good.

    --
    "The Federal Reserve is a fraudulent system."--Lew Rockwell
    End The FED. -
    1. Re:What would be nice by glindsey · · Score: 1

      I don't think a linear search through the namespace is a good idea, since you're talking about literally trillions of possible domain names. Rather, it seems to me the plugin should examine the site once it is loaded for likely signs of it being a squatter site, and then inform the user. I've never written a Firefox plugin, but couldn't it do a WHOIS lookup and compare the info to known squatters?

    2. Re:What would be nice by gnuman99 · · Score: 1

      You cannot do a whois lookups often. Registries only allow limited number of lookups per day to prevent spammers from getting email addresses and also so these servers are not overloaded. Some sell this service though.

    3. Re:What would be nice by NotQuiteInsane · · Score: 1

      What you could do is do a DNS lookup on the domain, see what the nameservers are (IP and hostname) and block some of the squatters based on that.
      Other than that, get people to report them? Maybe have a button on the Firefox toolbar to do so (or add it to the Address Bar context menu)?

  22. That's a big "if" (n/t) by Mateo_LeFou · · Score: 1

    hehe. no text

    --
    My turnips listen for the soft cry of your love
  23. I wish they would raise annual fees by Schlemphfer · · Score: 5, Insightful
    As a website publisher, I think it would be very much in the public interest to raise annual registration fees to, say, $70 a year. At that price, domain parking for "junk" domains would be prohibitively expensive.


    Mixed amongst these junk domains are some great names that deserve to be developed, and will be if they are available. Unfortunately, the bottom-feeders of the online world have control of this vast assortment of names, which they are essentially holding largely for ransom purposes. I think that's a scummy way to make a living. But it's possible so long as annual registration fees are less than the small amounts of revenue that can be generated through generic google adsense programs and their ilk.

    I would love to see the price of annual registration hit the point where, say, the guy who owns "waterfalls.com" would have to develop it in a meaningful way or surrender it. Sitting on a domain and putting up generic ads should be a losing proposition financially, and an increased annual fee would correct this situation and work to the public good.

    --
    I'm generally "Interesting," "Insightful," and even "Funny" here. What the hell happens to me at parties?
    1. Re:I wish they would raise annual fees by Anonymous Coward · · Score: 3, Interesting

      Increasing registration costs increases the barrier of entry for people who want just a single name.

      They should increase the registration cost as a function of the number of domains a person or company owns. So if you own 100 domains, each domain would cost you $100, if you own 1000 domains, each domain would cost you $1000.

    2. Re:I wish they would raise annual fees by rs79 · · Score: 3, Insightful

      "I think it would be very much in the public interest to raise annual registration fees to, say, $70 a year"

      The 20th century called. They want their pricing back.

      When the NSF directed netsol to begin charging it was $100 for 2 years and $50/yr for renewal. There was widesperead consensus this was WAY too much.

      --
      Need Mercedes parts ?
    3. Re:I wish they would raise annual fees by ovideon · · Score: 0

      Disagree completely. Raising domain registration fees would just lower the signal-to-noise ratio:

      From the summary:
      "Since 2000 he has quietly cobbled together a portfolio of some 300,000 domains that, combined with several other ventures, generate an estimated $70 million a year in revenue."

      If those figures are to be believed, that works out at USD$233 per year per domain, on average. That's not even taking into account the fact that there are probably a large proportion of domains which make many times that.

      I own several domains, none of which turn a profit (one for my personal site and mail, another for a group of friends, another is a linux-related site, and one for my parents). Raising prices would simply drive out the good sites, leaving commercial sites and a bunch of google adsense blogs, forcing any others to take on advertising or perish - all while putting even more money into the pockets of registrars.

      Is that what we really want?

    4. Re:I wish they would raise annual fees by Schlemphfer · · Score: 1
      >If those figures are to be believed, that works out at USD$233 per year per domain, on average. That's not even taking into account the fact that there are probably a large proportion of domains which make many times that.


      And a large proportion of those domains would likewise be substantially below that. There would probably be tens of thousands of domains where garbage adsense splogs couldn't make back a $70 renewal fee each year. And they would therefore be allowed to expire.

      >...all while putting even more money into the pockets of registrars. Is that what we really want?

      To have registrars make even more money? Of course not. The registrars should keep the $5 or whatever they're making now. And the rest could go to some project that benefits the public good. AIDS relief in Africa, or C02 reduction projects, for instance. Having millions of domains in the pockets of bottom-fish, all because renewal fees are lower than what adsense splogs will generate, benefits nobody.

      --
      I'm generally "Interesting," "Insightful," and even "Funny" here. What the hell happens to me at parties?
    5. Re:I wish they would raise annual fees by Umuri · · Score: 2, Interesting

      Alright, that's fine for people who run businesses.
      Now what about the rest of the internet?
      What about non profit business, what about people who use a domain name to route to their own servers, so their net cost of operating is $7 a year, something they can afford as a hobby?
      What about nonprofit organizations or fan sites/clubs.
      There are hosting packages available for cheaper than $70/year. Why should just be able to say, hey, this string of ANSI characters leads to me, cost $70?

      You're proposing a bad solution to a problem. All you're doing is raising the cost of squatting a bit, so people don't squat as much. That still doesn't fix some of the major moneymakers, which is buying up lapsed domains and forcing resell to the people who lost them.
      Likewise, you're not preventing obvious squatting on small businesses.
      Say you see a bob's hardware, you go in and ask if they have a website, they say no, but that they are getting one soon. Lets go register bobshardware.com, bobshardware(city).com, or bobshardware(state).com, and see how much money we can sell it back to them for.

      Instead they should make a ban on automatic domain registration, because some of it you can tell is obviously bots. Likewise, they should ban farming. If someone owns 100+ domains, they should have a use for them.

      Allow parking for up to 6 months or a year, that alone will force them to do something to their sites and at the very minimum raise their cost of operating a bit to encourage them to squat on less, without affecting the honest internet users.

      No offense, but your response seems very typical nowadays american idioticy. "OMG terrorists, well lets id everyone and install tracking chips, that will stop them!".
      It may stop them, note the may, but the inconvenience to the honest citizens is not worth it.
      Disclaimer: I am an american, I am just also sick of the bad rhetoric.

      --
      You never realize how much manually made unmanaged "linked" lists suck, till you have src.link.link.link.link...
    6. Re:I wish they would raise annual fees by eknagy · · Score: 1

      Better yet, daydream this:
      You get your first domain for 70 USD a year and one on the same price for every 10 employees you employ - and you pay 17920 USD extra a year for any extra domain above that.

    7. Re:I wish they would raise annual fees by dubl-u · · Score: 1

      When the NSF directed netsol to begin charging it was $100 for 2 years and $50/yr for renewal. There was widesperead consensus this was WAY too much.

      Yes. The widespread consensus was wrong.

      The theory was that with lower costs, more people could have the domains they wanted. Everybody wins! Instead, parasites like Ham came in and pretty effectively grabbed most of the domain names whose value was more than the new price.

      Net effect: it's no easier to get a new domain, but all the money is going to a few dicks rather than back into funding infrastructure.

      Personally, I think $50 a year is too low. $150 a year for corporate domain names with a minimum three-year commit (and no tasting) is the floor of what I'd like to see. No serious business owner will balk at that, but the speculators will have to give up a lot of their portfolio.

      For non-corporations, I'm fine if the other TLDs stay cheap.

    8. Re:I wish they would raise annual fees by checkwit · · Score: 1

      $70 won't work. If you read the article, you will see that they pay 5, 6, or sometimes 7 figures to get their domains. When was the last time a good domain was sold for $70?

    9. Re:I wish they would raise annual fees by euri.ca · · Score: 1

      I'd prefer if there was a one-time non-refundable fee. Any project that you're going to take time developing has to be worth $50 or so. But it wouldn't be for 90% of squatters and 100% of the people who just abuse the system (something like 90% of domains aren't even paid for: http://newyork.craigslist.org/fct/sof/335716276.ht ml )

  24. Re:Why is /. always 2 days behind digg.com? by Anonymous Coward · · Score: 0

    because the submitted of the story had to search through 2 days worth of GARBAGE on digg to find it!
    duh!

  25. My domain is my property by sauge · · Score: 2, Interesting

    This whole selling of other people's domains without permission is BS.

    Big corporations can protect their property through the courts via trademark etc. So obviously one cannot just arbitrarily use someone elses domain... if that someone else has the money and legal talent to protect it.

    But many people and small companies can't. Obviously some people can protect their domains from being sold/ripped off to speculators and complete strangers.

    What makes these internet registrars think they can sell off someone else's intellectual property?

    Sure - I can understand turning off TLD DNS resolution for a domain that is not paying for the service, but selling it to someone else? Bullshit. Complete Bullshit.

    If the owner wants to use it again with that registrar, then pay them to "light" it back up again.

    Registrars have no business selling other people's domains.

    1. Re:My domain is my property by rs79 · · Score: 1

      "Registrars have no business selling other people's domains"

      They don't. They sell domains that have expired and the grace period is like, a month now. You have to be a real fuckup to lose a domain these days; that is if you don't notice your domain stopped working for a month you really aren't using it.

      --
      Need Mercedes parts ?
    2. Re:My domain is my property by sauge · · Score: 1

      You totally miss what I am saying.

      Did the registrar come up with the name?

      Or was it someone else's idea?

      Someone else's research?

      Someone else's check paid to the marketing company?

      If they don't pay for it - yes - turn off the DNS until another check comes in.

      No one is renting a name they came up with from the registrar.

      Registrars are the worst squatters in the whole domain name system.

    3. Re:My domain is my property by The+Cisco+Kid · · Score: 1

      The DNS is turned off right away. Then there is a grace period where the registrant can still renew, and reactivated. After the grace period is over it is deleted eg, 'unregistered'. After that nothing prevents someone else from registering the same name.

      Really, how long do you think you should be able to keep 'your name' if you cant be bothered to pay the annual registration fee? Heck, you can even pay in advance for multiple years if remembering each year is annoying to you.

      If you stop paying, you lose it. Kinda like your phone number. You stop paying, they turn off your phoneline, but its still 'your number' for some period of time. If you dont pay, eventualy, they disconnect you, and the number eventually returns to the available pool and can be reassigned to a new customer.

    4. Re:My domain is my property by Ren.Tamek · · Score: 1
      Big corporations can protect their property through the courts via trademark etc. So obviously one cannot just arbitrarily use someone elses domain... if that someone else has the money and legal talent to protect it.

      You'd think so wouldn't you? But in fact, a company would need to prove that they intended to use their trademark online in a useful way, and that trademark would need to be unique enough to be enforceable. And even then it isn't a given. The perfect counter to your argument is simply to point out that billgates.com is a domain park.

      --
      "If you want a vision of the future, Winston, imagine a boot stamping on a human face forever." - George Orwell, 1984
  26. Re:Having a bunch of domains == "owns the Internet by mrbluze · · Score: 1

    It's no different from owning any other commercial real estate. The profits are great at the moment, but it can all suddenly turn.

    Just as it would be unacceptable for a town to have its main street full of empty shops, so it might be that long-term parked, unused domain names may become an unwanted scenario and fines or increased fees could be imposed.

    Not really a very sustainable business model in the long term, methinks.

    --
    Do it yourself, because no one else will do it yourself. [beta blockade 10-17 Feb]
  27. Re:Having a bunch of domains == "owns the Internet by roger6106 · · Score: 2, Funny

    Having a bunch of domains = "owns the Internet"

    Now it does.

  28. Who's paying for those clicks? by Animats · · Score: 4, Interesting

    Somebody is paying for all those clicks, and they're probably not getting much actual business from them. Advertisers are getting fed up with paying for "clicks", just as they did with "banner views" a few years back. The trend is towards paying only for actual sales directly derived from an ad. That's what "Google Checkout" is really about.

    It's not hard to filter out typosquatting sites. We do it with SiteTruth, which tries to find the real-world business behind the web site, and down-rates the ones where it can't be found. Almost all the typosquatting sites are anonymous. Some of them have reasonably high Google rankings, because they have inbound links, but as soon as you look behind the facade of the web site, it's clear there's nothing behind them.

    With all this "domaining", link-based page rank is no longer meaningful for small and medium business sites. With hundreds of thousands of phony domains, all linking to each other, a growing fraction of business links are just noise. Search engines try to filter out this stuff, but it's like spam filtering; it mostly works, but isn't airtight. With a high volume of junk sites, enough bad links get through to affect ranking.

    The other two web-based sources of credibility, user-provided ratings and blogs, are also collapsing. Blog spam is a huge problem. Not only do existing blogs get spammed, millions of automatically created dummy blogs full of spam have been created. Until recently, user provided ratings had some credibility, but now there's a Collactive, which has a sort of spam engine for ratings, Digg, Reddit, and such. (Their slogan: "It's good to be popular").

    Amusingly, in this world of spam, Usenet, where spam began, has become almost spam-free.

    1. Re:Who's paying for those clicks? by QuantumG · · Score: 1

      It know I'd love to get paid for sales that result from people who see ads on my site.. unfortunately there is no way to do that other than to somehow drop a cookie into the viewer's brain which they deposit back with me when they buy the item. Why? Cause you might come to my site, see an ad and immediately forget about it (as most everyone does) then months or years later someone might ask "hey, do you know anywhere that sells X?" and you might reply "Well yeah, I vaguely remember seeing something somewhere that said they sold X at this web site." and I know how much I get for that kind of brand development? Nothing. This is why everywhere else in the advertising world you have to pay to get your ad shown. There is no measurement of how many people are looking at the ad. There is no measurement of how effective the ad is (through clickthroughs or whatever). You, the advertiser, have the responsibility to determine if it is worth your while to pay to put your ads on my site.

      Somehow we've gotten into this back-asswards universe where Google and Yahoo and these other middle men get to set the price for advertising. Of course, I know why.. I am but a lowly peon in the world of advertising space. Slashdot probably sets their own price (surely).

      --
      How we know is more important than what we know.
    2. Re:Who's paying for those clicks? by Anonymous Coward · · Score: 0

      Amusingly, in this world of spam, Usenet, where spam began, has become almost spam-free.

      Notice that the Usenet population is insignificant in size compared to the population using the WWW?

    3. Re:Who's paying for those clicks? by Reziac · · Score: 1

      That's how some of the affiliate programs now work -- if the cookie shows that a purchase resulted from the click/download/whatever, then you get paid. If not, you don't.

      And yes, I think this is a lot more rational than PPC ads that don't do anything but let advertising agencies suck money out of a business.

      Remember, ad agencies sell =ads= to *businesses*; they don't sell product to customers, and don't really care if the business does either.

      --
      ~REZ~ #43301. Who'd fake being me anyway?
    4. Re:Who's paying for those clicks? by checkwit · · Score: 1

      If I am looking to buy a router, I type in the wrong url and get to a page with the products that I am interested in, I will be buying thie product. A lot of pay per click companies, the reputable ones, have all the stats. They will not keep it going if the clicks are not converting.

    5. Re:Who's paying for those clicks? by Anonymous Coward · · Score: 0

      And hence, keep fueling the problem. I've seen a few postings of yours trying to spin this type of biz now. I wonder what you do?

  29. SO FULL OF HATE FOR CYBERSQUATTERS by goathens · · Score: 3, Interesting

    Really, taking up domain names for typos, or just about anything other than actually creating a developed website is just plain breaking the internet. If the domain doesn't lead to a website of any worth to the user, it should return "not found" not send you to some boiler-plate trash loaded with keywords and ads.

    I'd love to see some system that detects these sites and delivers you a simple 404-ish message for a typoed domain or one that has fallen out of use and been replaced by a squatter. Really cut out that ad revenue from accidental page views.

    Anybody know of any sort of firefox plugin for such things?

    1. Re:SO FULL OF HATE FOR CYBERSQUATTERS by Anonymous Coward · · Score: 3, Insightful

      It's a reality of the internet.. the same ease of registration and freedom of use that enables EVERYONE to have domains also enables a secondary market in domain squatting. That's life.. the business world is no different.

      The kind of controls necessary to prevent this are exactly the kind of controls we should be scared of, and not want.

    2. Re:SO FULL OF HATE FOR CYBERSQUATTERS by escay · · Score: 2, Funny
      I guess you are not the only hater. FTA:

      He once used a Vancouver post office box for domain-related mail -- until the day he opened a package that contained a note reading "You are a piece of s**t," accompanied by an actual piece of it.
    3. Re:SO FULL OF HATE FOR CYBERSQUATTERS by rs79 · · Score: 1

      "Really, taking up domain names for typos, or just about anything other than actually creating a developed website is just plain breaking the internet. "

      I can get my mail. Websites seem to work. The internet doesn't actually appear to be broken, Captain Netcraft.

      --
      Need Mercedes parts ?
    4. Re:SO FULL OF HATE FOR CYBERSQUATTERS by dubl-u · · Score: 1

      It's a reality of the internet.. the same ease of registration and freedom of use that enables EVERYONE to have domains also enables a secondary market in domain squatting. That's life.. the business world is no different.

      You should take a look sometime at photos of people in their natural state, like hunter-gatherer types in the Amazon basin. Note in particular, the many scars, the impressive parasites, and the signs of malnutrition. That is life. What we have is something called "civilization". Look into it -- you might like it.

      The kind of controls necessary to prevent this are exactly the kind of controls we should be scared of, and not want.

      That would be more persuasive if it did not come after a bunch of proposals for solutions that in fact do not have the problems you mention. Of course, you're probably a human parasite yourself, so going "boogety-boogety" to emotionally anipulate the audience is probably much more appealing than a reasoned argument.

    5. Re:SO FULL OF HATE FOR CYBERSQUATTERS by killjoy966 · · Score: 1

      I was just wondering what the most effective way to combat this would be...

      For the *.cm stuff, I figured it would be easy enough to either change it automatically (or if it's an actal registered Cameroon domain) simply prompt the user to decide whether they wanted .com or .cm.

      The other "typo" addresses seem a little trickier. At first I thought of including a dictionary of sorts but with sites like flickr and digg, it may not be very effective. Then I thought that a list of the top 1,000 sites could be kept (updated periodically) and used as a whitelist of sorts. If it doesn't match one of those then ask the user if they really wanted to go there (including some fuzzy logic closest matches) but if some of the most popular sites included these link farms, the list would have to be hand-picked anyway. Besides it might get annoying for the user to have to confirm their browsing choices every time they want to visit a new domain.

      Does anyone else have any ideas for developing an effective way to avoid showing up at these link farms?

      --

      Sigs are for suckers.

  30. Comment removed by account_deleted · · Score: 1

    Comment removed based on user account deletion

  31. wtf-ness at its best by Cili · · Score: 1

    Here's a simple, fair and elegant way to fix this:
    Limit the number of different .com domains that one entity can own to, say, 100.

    Why would any company own more domains?

    1. Re:wtf-ness at its best by Anonymous Coward · · Score: 1, Funny

      At MOST no companly should own more than 16,000.
      After all, 16k is enough for anybody!

    2. Re:wtf-ness at its best by nametaken · · Score: 1

      They'd just create a new legal entity. It's free and takes about 10 seconds in the US... in fact, you can do it online.

      I think the solution is twofold. First, convince the big two or three ad networks not to participate in this. It should be simple enough to report a site that is deceptive, and contains nothing but ads. I'm pretty sure Google would be willing to give up its adsense for domains if enough people complained. They can even ban payouts to repeat offenders.

      Then, you make it such that private domain auctioning is grounds for a revocation by ICANN. Only reputable registrars can allocate domains. Build in a warning process that requires that you can be contacted by email from ICANN. So you're left with two options, develop your site with real content or do nothing with it. Either way, you don't profit.

      If there's no profit in it, nobody will do it.

    3. Re:wtf-ness at its best by Reziac · · Score: 1

      Good thoughts. I've also had the thought that domain registrars should not be allowed to squat, as that just adds to the problem.

      As to "They'd just create a new legal entity. It's free and takes about 10 seconds in the US... in fact, you can do it online." -- we can? Where??

      --
      ~REZ~ #43301. Who'd fake being me anyway?
    4. Re:wtf-ness at its best by nametaken · · Score: 1


      www.irs.gov

      You can fill out your SS-4 online or 1-800 it in. Both ways it's a very simple process.

    5. Re:wtf-ness at its best by Reziac · · Score: 1

      [blink] Oh, okay, thanks! Whodathunk it'd be that obvious? :)

      --
      ~REZ~ #43301. Who'd fake being me anyway?
    6. Re:wtf-ness at its best by Anonymous Coward · · Score: 0

      huh
      they'll just create multiple entities...DUH

  32. That's what I thought at first by Solandri · · Score: 1

    I'm guessing all they typed in was "palmsprings" and their browser did the rest. This sounds like the perfect excuse for a BIND patch that will drop all queries that return the IP of a known typo-squatter, including Network Solutions.
    I noticed this behavior in Firefox with v2.0, and that's what I thought was going on at first. A bit more investigation revealed that it is not appending .com to what you type. If you type in a word into the URL field in Firefox, it will go to the default search engine you've selected (usually Google), find the first hit on that search engine, and send you to that web site.

    So essentially, Firefox is using the URL field as a search entry box for Google, and sending you to the first site that Google returns. You can try it yourself by typing in multiple words in the URL box and comparing to the same words on your preferred search engine. I've since started using this as a shortcut for some Google searches (it skips the search result page).

    1. Re:That's what I thought at first by nolife · · Score: 3, Interesting

      I tried "Mustang" in the URL box and it gave me a Google page of Mustang hits. I tried "hello" and was taken directly to www.hello.com

      Obviously a little going on behind the scenes before Google kicks in the I'm feeling lucky result.
      Try peach and then plum

      --
      Bad boys rape our young girls but Violet gives willingly.
    2. Re:That's what I thought at first by rs79 · · Score: 1

      "I noticed this behavior in Firefox with v2.0"

      I noticed this behavious with Netscape 0.99.

      All web browsers have always done that.

      --
      Need Mercedes parts ?
    3. Re:That's what I thought at first by mpaulsen · · Score: 1

      How to fix firefox. http://www.mozilla.org/docs/end-user/domain-guessi ng.html http://kb.mozillazine.org/Keyword.enabled Short answer is... Disable: browser.fixup.alternate.enabled keyword.enabled

  33. OpenDNS as a solution? by tran_man007 · · Score: 1

    Isn't OpenDNS a solution against this? I set it up on my router years ago and I think that's what prevents me from going to random sites (food.cm forwards me to foodnetwork.com) most of the time.

  34. A true service then by CustomDesigned · · Score: 1

    If people will click on the ads on a site because it's exactly what they're searching for, then the ad site has actually provided a service. In the case of palmsprings.com, I looked, and it is a collection of ad banners for lots of tourist stuff, but actually organized with category links leading to more ad filled pages. I wouldn't call that fraud. That is a service like a decentralized yellow pages.

  35. Comment removed by account_deleted · · Score: 1

    Comment removed based on user account deletion

  36. Automated registration bots? by Anonymous Coward · · Score: 4, Interesting

    If you read the article, you find that this guy took a whole list of registered domains for any given day, compared them with a list from the previous day, and figured out which domains had expired. He then apparently used some sort of automated registration script to grab the domains that had expired.

    I want to register the .com, .net and .org domains of my family name. The .com is currently taken, but expires in about a month. If what I read is correct, some slimebag domainer will use their lists and bots to automatically register the domain name I want mere seconds after its expiration.

    All registrars should prohibit scripted registrations by using human verification picture codes. In the mean time, I need to figure out how to make sure I can instantly register the domain I want.

    1. Re:Automated registration bots? by Anonymous Coward · · Score: 0

      You can register your domain name for another year before it expires - you don't to wait until the expiration date.

    2. Re:Automated registration bots? by CastrTroy · · Score: 2, Insightful

      That's the catch 22. People want to be able to instantly pick up a domain name when it becomes available, yet they want it to be impossible for a script to automatically grab a domain name as soon as it becomes available. I think either way they should verify that there is an actual person registering each domain. You should also be able to put your name on a list so that you can buy it when the domain expires. I think that a 1 month period is enough lead time to put your name on the list. So 1 month before it expires you can put your name on the list (verified through picture codes) that you want to buy the domain. When it expires, it is automatically transfered to you.

      --

      Anthropic principle: We see the universe the way it is because if it were different we would not be here to see it.
    3. Re:Automated registration bots? by rs79 · · Score: 1

      "The .com is currently taken, but expires in about a month. If what I read is correct, some slimebag domainer will use their lists and bots to automatically register the domain name I want mere seconds after its expiration"

      That's state-of-the-art 10 years ago.

      These days the registrar "buys" any domains theit clients let expire. You can thank ICANN for this.

      --
      Need Mercedes parts ?
    4. Re:Automated registration bots? by VanessaE · · Score: 1
      Having a waiting list wouldn't work any better than the current situation, since there's nothing stopping someone from setting their bot to watch for those lists to start accepting names - it might actually make things worse, since the time a legit user has to register the domain and grab it from the squatter goes from a matter of seconds or perhaps a minute or two to just plain zero.


      On the other hand, picture codes are a useable way to stop the bots for a while. Let's extend the idea a bit: give the registrar a *massive* database of easily-recognizeable pictures (hundreds of thousands, I figure). When a registration page is generated and the picture added, the server should first apply a light noisify filter with a randomly-generated seed. That is, each time the picture is used, the seed for the noisify filter is different, which should pretty much eliminate any chance of a squatter keeping a database of images/hashes. Not noisy enough to make it a problem for the user, just enough to upset the file's hash. Other simple alterations can be applied to the picture such as brightness, tint, maximum number of colors, etc. With all of those randomly-chosen alterations, the chances that any given picture will hash exactly the same twice should approach zero.The user then identifies the picture they see and viola, one registered domain name.

      Only downside I see to this is that it would increase the amount of bandwidth necessary to transmit the image, since noise is hard to compress and caching previous images becomes an exercise in futility. CPU power in altering the image might be a factor as well... What kind of per-hour registration rates are we seeing these days?

      If it's humanly possible, a registrar should also require the new owner of a domain to put some useful content on the page pointed to by the domain within 3 months of registering the it. If in that amount of time, the domain still clearly points to a park/squat page, then the domain should be pulled and the cost redunded less some prorated amount. I'm sure most of us know that it takes almost no real effort to throw together a quick but decent front page while the real content is being crafted.

    5. Re:Automated registration bots? by Anonymous Coward · · Score: 0

      Curiously, in Spain (as far as I know), if the domain were really your family name and you wanted to grab it from a squatter, you can do it incredibly fast, you may even not need a lawyer at all, or to pay anything other than registry fees (obviously, for a .es domain). Not sure how it is through the rest of Europe tho.

    6. Re:Automated registration bots? by Anonymous Coward · · Score: 0

      That sounds like an awful strategy from a security analist point of view. You could kill him with short-lived domain names.

      What about it slashdot, put your money where your mouth is. If each one of us buys a random domain for a month (what, $5?), ext month his script registers thousands of useless domains for a year ($50k per thousand)

      Spam the squatters!

      (The catcha for this post is "ruined", BTW)

    7. Re:Automated registration bots? by poot_rootbeer · · Score: 1

      All registrars should prohibit scripted registrations by using human verification picture codes.

      That will work for about 2 days before domain squatters discover they can hire a room full of teens in China to click 'reload' on the registrar's website and fill out captchas all day.

      In the mean time, I need to figure out how to make sure I can instantly register the domain I want.

      Registrars should borrow a page from video game stores and public libraries, and create waitlists. Make a $10 down payment, and the registrar will contact you and give you a brief exclusive opportunity to register a domain the next time it becomes available. If you pass, the next person on the list then gets the opportunity to register it.

    8. Re:Automated registration bots? by drew · · Score: 1

      There was an article awhile back about "domain kiting" that had a good comment talking about steps to go through to try and by a domain when it expires before a bot snaps it up. I don't remember the details, but the gist of it was, if you try to do it online, you'll never get it, because by the time the web page you are using is updated, the domain will already be taken. Find a registrar that you trust and get somebody on the phone the day it expires. Also, if you don't get it right away, don't freak out - because of the number of companies participating in the domain kiting scheme, there's a good chance that whoever gets the domain will only hold onto it for a week or so.

      Anyway, the lists and bots that are discussed in the article are ancient history. The methods they have now are way more advanced.

      --
      If I don't put anything here, will anyone recognize me anymore?
    9. Re:Automated registration bots? by Anonymous Coward · · Score: 0

      "Registrars should borrow a page from video game stores and public libraries, and create waitlists. Make a $10 down payment, and the registrar will contact you and give you a brief exclusive opportunity to register a domain the next time it becomes available. If you pass, the next person on the list then gets the opportunity to register it."

      Ummm....they already have this, it's called back ordering and it costs $20.

    10. Re:Automated registration bots? by bjk002 · · Score: 1

      "In the mean time, I need to figure out how to make sure I can instantly register the domain I want."

      Just write a quick bot to do it for you. :)

      --
      Opinion:=TMyOpinion.Create(Me);
  37. What? by msimm · · Score: 1

    I think the preposterous nature of the heading was a fair give-away that it was a title and not a fact. But...thanks for clearing that up? ;)

    --
    Quack, quack.
  38. Comment removed by account_deleted · · Score: 1

    Comment removed based on user account deletion

  39. All greed, no value by tomstdenis · · Score: 4, Interesting

    Once advertisers switch to pay-per-sale from pay-per-click these people will disappear. They provide next to no value and routinely snap up useful names and host garbage on them.

    For example, look at libtomcrypt.org. The links there have NOTHING to do with LibTomCrypt. Someone looking for my projects will be disappointed to find links to random commercial shit [most of which is snake oil]. Of course in that case I didn't care about the domain [after Dan Kaminsky failed to renew it, it was taken by a usenet troll, then lapsed again and was immediately bought by the domainer].

    Personally I wish all the worst in the world for this person. He spends his time and energy ruining what was supposed to be a good and just goal of widespread communication and equality. If he thinks he's a "good person" he's sadly mistaken.

    Tom

    --
    Someday, I'll have a real sig.
    1. Re:All greed, no value by Deliveranc3 · · Score: 1

      I've got bad news for you, he's not a person, he's a bot. Probably looks on Alexa or some other web traffic monitoring sites and registers based on hits.

      The whole idea of ranking pages based on popularity is flawed, move back to ranking them based on blogs and user comments and make it illegal to automate those or to hire workers for the purpose of manipulating them, simple. People shouldn't be allowed to run around knowingly spreading false information anyway, the fact that it hurts everyone a little bit instead of one person directly shouldn't be a mitigating factor.

    2. Re:All greed, no value by tomstdenis · · Score: 1

      Someone had to write and run the bot, they're responsible for it's actions. They registered a domain that is likely to get hits and are pushing unrelated content to the viewer. That's just lame and disrespectful.

      Tom

      --
      Someday, I'll have a real sig.
    3. Re:All greed, no value by drew · · Score: 1

      the problem with pay-per-sale is that it's almost impossible to track, and it's still ultimately meaningless. Of course, pay-per-click is meaningless too, but since it's easier to track, companies go with the easy meaningless number rather then the hard meaningless number.

      --
      If I don't put anything here, will anyone recognize me anymore?
  40. Nope, just a partnership by Mr+44 · · Score: 1

    Similar to http://www.msnbc.msn.com/id/3032542/site/newsweek/

    If you link to something from there, I'd expect Newsweek to get the byline, not MSNBC.

    Ya know, with all the hype around Creative Commons, I'd expect slashdot editors (I know, I know) to pay more attention to getting the attribution right....

  41. Kevin Ham? Isn't he related to... by Anonymous Coward · · Score: 4, Funny

    Kevin Bacon

  42. Mmmmm, pork rinds... by DeathElk · · Score: 4, Funny

    Is Kevin Ham related in some way to Kevin Bacon? I wonder if there's a Kevin Pork or a Kevin Prosciutto out there somewhere...

    1. Re:Mmmmm, pork rinds... by Anonymous Coward · · Score: 0

      There is a Kevin McBride. I think we all know which end of the pig he is.

  43. Stop it with the 'tubes' meme already by lennier · · Score: 1

    "It's not as if the government(s) of the world are competent enough to deal with problems like these (tubes anyone)."

    This smear is getting as tired as the old "Al Gore claimed to invent the Internet" one.

    People working in an industry that routinely and without irony refers to "pipes", "sockets", "channels" and "flow" to describe data internetworking are in no position to laugh at people who (quite correctly) describe the Internet's structure as a "series of tubes".

    Also, I seem to recall this little US Government agency called ARPA.

    --
    You are not a brain: http://books.google.com/books?id=2oV61CeDx-YC
    1. Re:Stop it with the 'tubes' meme already by jeevesbond · · Score: 1

      People working in an industry that routinely and without irony refers to "pipes", "sockets", "channels" and "flow" to describe data internetworking are in no position to laugh at people who (quite correctly) describe the Internet's structure as a "series of tubes".

      It's not really the 'series of tubes' bit that's funny, that's just a tip of the hat to the rest of his random and weird comments. I also didn't find this funny before reading the rest of it.

      --
      I'm going to transform myself into a mighty hawk. Either that or I'll just go and work at Dixons, haven't decided yet.
    2. Re:Stop it with the 'tubes' meme already by Daniel+Dvorkin · · Score: 1

      If you read the entirety of what Stevens said (another reply to your post contains a link to a Wikipedia article with the complete quote) it's quite clear that he has absolutely no clue what he's talking about. To the degree that his "series of tubes" metaphor makes sense, it's only by blind luck.

      Also, it doesn't make sense, because while it's quite true that pipes/tubes/whatever are a major part of the internet infrastructure, they're far from the most important part in terms of overall performance. Bandwidth is cheap; AFAIK there's still a bunch of dark fiber lying around from the dot-bomb days. Routing is a much bigger concern.

      And while the preceding paragraph should be quite understandable to most /.ers, to Stevens it might as well be written in Urdu. Given that at the time he made that speech, he was in charge of the Senate committee which has the most direct influence on the future of the internet, this should scare the hell out of anyone who's paying attention.

      --
      The correlation between ignorance of statistics and using "correlation is not causation" as an argument is close to 1.
  44. auDA by Lachlan+Hunt · · Score: 1

    This is a perfect example of why domain names should not be a commodity that can be hoarded and resold. Currently, .au domains can't be sold or auctioned, they can only be leased from accredited registrars. AFAIK, the auDA is the only domain authority that gets this right, I just hope they keep it that way.

    --
    By reading this signature, you hereby agree with the content of the above comment.
    1. Re:auDA by mithro · · Score: 1

      The auDA is extremely conservative in what they allow. This makes it really had to get domain names for things like OSS projects.

      For example, I was unable to get thousandparsec.net.au or thousandparsec.org.au for my OSS project because there is no legal entity, registered trademark or similar associated with the project.

      --
      Thousand Parsec - http://www.thousandparsec.net/
  45. Read it. He doesn't make 70 mil a year. by Jack9 · · Score: 5, Insightful

    "generate an estimated $70 million a year in revenue" although the actual numbers are more like a couple hundred grand AT MOST. This is a market fluff piece blathering on about how it could be a goldmine but nobody can prove it other than he has a nice flat. Next article was about how someone invented cold fusion but couldnt show it to the public for fear of the power companies killing them. Yawn.

    --

    Often wrong but never in doubt.
    I am Jack9.
    Everyone knows me.
  46. Re:Bull SHIT. Kevin Ham is a Domain Squatting cunt by Anonymous Coward · · Score: 0

    Get help, seriously. It's not healthy to walk around with all that anger.

    Please get psychiatric help.

  47. yeah, so anyone want to tag this... by FooAtWFU · · Score: 1

    Yeah, that's it. Yep. Innovation. So.... would anyone else like to join me in tagging this story "dieinafire"? v.v

    --
    The World Wide Web is dying. Soon, we shall have only the Internet.
  48. Flotsom and jetsam by rinkjustice · · Score: 4, Interesting

    I remember when I had the website hardcorelinux.com - a fairly popular linux website back in the day - until I suffered a number of personal and financial setbacks and in the process my domain name expired and was yoinked from me. The site became a viagra-selling website and now it's a link referrer for software and oil and gas(?).

    The problem I have with squatters are they hang on to domain names and do nothing with them. It becames another piece of internet flotsam, and it offers no value to anyone.

  49. Kevin Ham doesn't own the Internet.. by LynnwoodRooster · · Score: 0, Redundant

    As it's creator, Al Gore has first dibs...

    --
    Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    1. Re:Kevin Ham doesn't own the Internet.. by IHC+Navistar · · Score: 1

      Wow.

      That is the BEST sig I have ever read on SlashDot!

      --
      Knowing Google's lust for data collection, the Soviet Union is still alive and well inside the psyche of Sergey Brin....
    2. Re:Kevin Ham doesn't own the Internet.. by LynnwoodRooster · · Score: 1

      Why thank you... I don't think many people actually get it...:D

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    3. Re:Kevin Ham doesn't own the Internet.. by IHC+Navistar · · Score: 1

      You're welcome!

      A buddy of mine just bought his Sig P225R and absolutely loves it.

      --
      Knowing Google's lust for data collection, the Soviet Union is still alive and well inside the psyche of Sergey Brin....
    4. Re:Kevin Ham doesn't own the Internet.. by IHC+Navistar · · Score: 1

      Sorry... I meant P226R 40 S&W.

      --
      Knowing Google's lust for data collection, the Soviet Union is still alive and well inside the psyche of Sergey Brin....
  50. Re:Having a bunch of domains == "owns the Internet by RealGrouchy · · Score: 5, Funny
    Sensational indeed.

    A far more Fair and Balanced headline would read:

    The Man Who Owns The Internet?

    - RG>
    --
    Hey pal, this isn't a pleasantforest, so don't waste my time with pleasantries!
  51. Re:Having a bunch of domains == "owns the Internet by neomunk · · Score: 1

    That old thing again? How absolutely DROLL!

    I mean, everyone knows he never said he invented the internet. If I'm wrong, find the quote, and it's original publication. Good luck.

    BTW, Did you know that the legislation wandering around Washington in the late 80s to open arpanet up to the public was referred to around town as "the Gore Bill?"

    Any more I can shoot down for you?

    Oh, one more thing, if you want some current data about the winds of politics, check out this poll from MSNBC:
    http://www.msnbc.msn.com/id/10562904/

  52. the internet is for peace because.......you know by Ep0xi · · Score: 0

    If that asshole were the owner of the internet he would be redirecting all the wrong links to his own page. /. FUGS!!!!!

    --
    ?
  53. Get rid of domain names by the1rob · · Score: 0

    Seriously, the more I read, the stronger I feel that the current domain name system is broken beyond repair.

    We need to find a way to get rid of the domain name system for web usage.

    Anyone have any ideas on that?


    1. Re:Get rid of domain names by Rotten168 · · Score: 1

      I would change the rules for owning domain names. ".com" domains can be bought and sold like property, but ".org, .edu., .gov" etc. should have special rules governing who can own what. Seems to me to be a reasonable compromise.

  54. He is a domain squatter by Orion+Blastar · · Score: 4, Interesting

    when a domain expires, he squats on it and pays to register it in his name or his company's name. Then he puts up a dummy web site with advertising on it that looks like original content that pays him for click throughs so when someone surfs to an expired domain name, they think it is the original web page and start clicking links.

    Then when someone has a company of the same name, or sees that their domain expired and they didn't renew it in time, he will offer to sell it to them for a few thousand dollars. If he needs money he just auctions off some domain names on eBay, and when those expire he buys them back cheaper and tries to sell it again.

    This looks like it is more profitable than trading stocks. Just start buying off expired domain names for like $35 for a full year with a domain parking service that allows you to place advertising on it. Then sell the domain for thousands to some company that wants it that badly.

    I think this guy and guys like him are the reason why we can't get six letter domain names anymore and have to opt for twelve or twenty letter domain names.

    --
    Remember, Slashdot does not have a -1 disagree moderation, and no, troll, flamebait, and overrated are not substitutes.
    1. Re:He is a domain squatter by drew · · Score: 1

      Not exactly. If you read the article, it sounds like he goes out of his way to find generic names (one example in the article being "weddingshoes.com") or common misspellings of generic names, because there's too much liability involved in getting a name that is a trademarked name or too close to it. If I was to start a company named "Wedding Shoes", should I really be surprised that the domain name is already taken?

      --
      If I don't put anything here, will anyone recognize me anymore?
    2. Re:He is a domain squatter by Orion+Blastar · · Score: 1

      I have seen him own some domains that expired. My parents have a small business and I think he owns a domain that is the same name as their business. Some other company owned it that had a similar name, and it expired, and the guy who took it over parked it on an advertising web host with a "for sale" sign on it. He wanted like $4000 for the domain name.

      I often find that most web sites that I used to visit, that went out of business and expired, have been bought up by some squatter wanting thousands of dollars to sell the domain name.

      --
      Remember, Slashdot does not have a -1 disagree moderation, and no, troll, flamebait, and overrated are not substitutes.
  55. Wait... by alisson · · Score: 1

    He's winning monopoly with the internet? What's boardwalk, www.com?

    1. Re:Wait... by Ant+P. · · Score: 1

      There's a similar one called com.com which sounds like it was designed to trap people using a TLD autofill shortcut in their browser. Redirects to another generic spam site.

  56. VROom VRROOM! Hookup! by Anonymous Coward · · Score: 0

    that caught a fat one!

    for you to respond to such a comment, you have been trolled.

    congratulations, go smoke a fag.

    your access to the Anonymous account has been suspended: report to your nearest Freeman Beurough for compulsory Voluntary training to read digg.com.

  57. Re:Mmmmm, pork rinds... - Slashdot Mods Broken by Umuri · · Score: 1

    Alrighty, so an interesting piece of slashdot trivia.

    How does this post get a +4 funny, when another post, #19247463, says almost the exact same thing and gets a -1?

    I ask this because these two posts were literally one above the other.

    --
    You never realize how much manually made unmanaged "linked" lists suck, till you have src.link.link.link.link...
  58. don't worry.. by Anonymous Coward · · Score: 0

    I just got www.kevinhamsucks.com :D

  59. Waste of life by BillGatesLoveChild · · Score: 2, Insightful

    On the Karmic scale this guy is marginally above Nigerian Investment scammers, and about par with spammers, which I guess makes him like people reselling essays to students. The good news is he's definitely above cigarette companies and pedophiles. Way to go Kevin! And for all his 'I'm a devout Christian' PR, what a waste of a life. This guy adds nothing to life on this planet. If he disappeared tomorrow, life for everyone else would be the same or better.

    The people who used to sell used cars or deal drugs have all moved onto the Internet.

    1. Re:Waste of life by Electric+Eye · · Score: 1

      Maybe I missed something, bu tit doesn't seem like he's doing any unethical. In fact, he's pretty goddamn smart. I was on the 'net back in 92 when it was still text-based and will always kick myself how incredibly un-visionary I have been since then to take advantage of the Internet spoils. This guy found a way to make sick money. Good for him. And poo on you, jealous hater.

    2. Re:Waste of life by BillGatesLoveChild · · Score: 1

      > This guy found a way to make sick money. Good for him. And poo on you, jealous hater.

      So anyone who makes money through any means is to be admired? "Good for them"?

      Squatters and Spammers make sick money. Halliburton, your local drug dealer found a way to make sick money too. So did Rheineisen Chemical Products who sold chemical weapons Saddam used to gas Kurds. IBM didn't turn down the Nazis when they wanted data equipment to track those Jews, Gays and Gypsies.

      You think I'm jealous of these guys? Are you? You can make money and make a worthwhile contribution to humanity. Lam the Squatter adds nothing.

  60. Re:Mmmmm, pork rinds... - Slashdot Mods Broken by Anonymous Coward · · Score: 0

    I ask this because these two posts were literally one above the other. You mean they have a Bacon number of 1
  61. It's the science fiction distopia of... by simplerThanPossible · · Score: 1

    "ads everywhere" - but at least AdWords are unobtrusive and targetted. (cf: billboards and product-placements are worse)

    ICANN has no motivation to refuse the money anyway.

    PS: it sucks to lose a domain name. I almost lost mine. It was through my own mistake, but that wasn't exactly... um... reassuring at the time.

  62. I'm surprised by DJHewi1025 · · Score: 0

    I didn't find any Al Gore jokes in this thread. I'm shocked.

  63. Re:Having a bunch of domains == "owns the Internet by heinousjay · · Score: 1

    Damn dude, relax. Your hero will live to fight another day even with this assault on his personal messiah complex.

    --
    Slashdot - where whining about luck is the new way to make the world you want.
  64. It all comes down to advertising by dinther · · Score: 3, Interesting

    If advertisers (The suckers who pay Google good money for their word adds) switch on their brain then they will soon realise that their advertising budget needs to be reviewed urgently. At this rate most impressions of Google powered add words only get lost in nowhere land or only serve to create create irritation. I don't even see them anymore. Click - Squatter site - oops - back button - done. I could not possibly tell you if there were adds on that page or what they were.

    Once advertisers realise they are being ripped off then this anomaly will automatically stop. After all, the money gained by these domainers comes straight out of the pockets of advertisers. Advertisers should demand from Google to keep their adds impressions well away from domainer sites where they don't do any good anyway. Something that would be very easy for Google to do.

    So, I see this as a temporary problem, keep an eye out for the first wholesale domain name lists coming on the market soon.

    1. Re:It all comes down to advertising by Anonymous Coward · · Score: 0

      You miss the point.

      Ad companies will never stop doing this because mostly people who click on these ads are really searching for that.

      The revenue yields most from ingenious people, for ad companies *and* their own customers - the companies who buy traffic into their sites trying to sell more.

      We are different, remember.

    2. Re:It all comes down to advertising by vidarh · · Score: 1

      Advertisers on Google pay per click. They couldn't care less about whether you see their ads or not, or about anyone else who don't click their ads as long as their specific ad isn't annoying enough to make more people avoid them than they gain from clickthroughs.

    3. Re:It all comes down to advertising by checkwit · · Score: 1

      I am sure Google has conversion data. They also have smart pricing on the clicks. They are pretty smart.

  65. L. Bob Rife by ukemike · · Score: 1

    I really hoped that this would be about L. Bob Rife.

    --
    -- QED
  66. Most "registrars" are really domain squatters now by Animats · · Score: 3, Informative

    These days the registrar "buys" any domains theit clients let expire. You can thank ICANN for this.

    It's even worse than that. Most of the ICANN accredited "registrars" are domain squatters who paid the fee to become a registrar so they could get a bulk rate, bulk Whois access, and the ability to do "domain tasting". Really. Take a look at the list.

    Some fun registrar names:

    • Enom1 Inc., Enom2 Inc., Enom3, Inc. ... Enom371, Inc. ... Enom 465 Inc. (Enom seems to have these to support their resellers and domain squatters)
    • Domainsinthebag.com LLC Domainsofcourse.com LLC Domainsoftheday.net LLC Domainsoftheworld.net LLC Domainsofvalue.com LLC Domainsouffle.com LLC Domainsoverboard.com LLC Domainsovereigns.com LLC (all fronts for NameScout)
    • Klaatudomains.com LLC (another front for NameScout)
    • NotSoFamousNames.com LLC (now there's a bottom feeder)
    • Rerun Domains, Inc. (site is down)
    • Soyouwantadomain.com LLC (goes directly to an ad site; they don't even make a pretense of being a real registrar)
    • Threadbot.com, Inc. Threadexchange.com Threadfactory.com, Inc. Threadshare.com, Inc. Threadsupply.com, Inc. Threadtrade.com, Inc. Threadwalker.com, Inc. Threadwatch.com, Inc. Threadwise.com, Inc. (all fronts for "Club Drop")
  67. Re:Most "registrars" are really domain squatters n by Reziac · · Score: 1

    Which is why I keep saying, registrars should be prohibited from being squatters, domain brokers, or anything BUT purely registrars. They should not be allowed to own any domains not directly connected to the registrar business, nor have any shady business connections. Any registrar caught brokering domains under a side business, or in any way being less than squeaky-clean, should have their ICANN status revoked.

    Yeah, I know that's not gonna fly.. they're too used to making too much money with it.

    A person does learn to be VERY cautious about checking whether a domain is registered or not, because some registrars are suspect for snapping up any domain name that gets checked more than a few times.

    --
    ~REZ~ #43301. Who'd fake being me anyway?
  68. Re:Bull SHIT. Kevin Ham is a Domain Squatting cunt by MightyMartian · · Score: 3, Funny

    Now when did Mel Gibson start posting here? How's it goin', Sugar Tits, eh?

    --
    The world's burning. Moped Jesus spotted on I50. Details at 11.
  69. Where is the Metaltron? by IvanTheQuiteNasty · · Score: 1

    This guy is just a figure-head. The real owner of the Internet is of course Henry van Statten.

    1. Re:Where is the Metaltron? by Rob+T+Firefly · · Score: 1

      I think I met that guy once in San Diego, or was it Seattle, or Sacramento... someplace beginning with "S."

  70. Re:The Man Who Owns the Internet? by Anonymous Coward · · Score: 0

    yes, no, itsatrap, Internet

  71. That is a real business case... by inews.110mb.com · · Score: 0

    That is a real business case...Actually he is urging forward the hole Internet and ad industry.

  72. Your domain is not your property by simong · · Score: 1

    The registrar is selling you the right to have your domain in the global DNS, and as such can revoke it at any time. This is why the domain market is so strange (and I've been involved with it in different ways for 12 years now). People have spent huge amounts of money on more intangible things but not many, and ultimately domain disputes can all be solved simply by pointing out my first sentence. It's like Dutch Tulip Mania. Hmm, I registered dutchtulipmania.com years ago, now it's parked with GoDaddy, which goes to show.

  73. Bypass ICANN by Anonymous Coward · · Score: 0

    How come a bunch of operating system vendors haven't got together yet and set up their own DNS-like system?

    1. Re:Bypass ICANN by eneville · · Score: 1

      How come a bunch of operating system vendors haven't got together yet and set up their own DNS-like system? Interesting. I guess that's easy enough to do, mirror the ubuntu mirror, and modify the root NS list in bind... then you can put the ISO up for others to download... Bingo, your own root NS, you could probably influence the people who look after the bind repository to do this for you anyway, for the right amount of money... maybe some of the OEM vendors also would do this quietly ...
  74. /. editors please I promise to read /. anyway! by Anonymous Coward · · Score: 0

    ...generate an estimated $70 million a year in revenue

    A bunch of domain names and $70 millions and you think that guy "owns the Internet"? Do you how much revenue some Internet-only companies generate?

    I promise to read /. every single day even without sensational headlines. Please ?

  75. way to show you have not read TFA! by nietsch · · Score: 2, Informative

    No, .cm does not stand for cambodia, it stands for cameroon. And no, he is not registering domains in that TLD. He made a deal with the local registar to put a wildcard on *.cm, so _all_ queries for names not existing in .cm would redirect to his agoga service.
    I envy this guy too, but he played by the rules. unfortunately the rules do not state that everything you do should be make the web better. Good on him!

    --
    This space is intentionally staring blankly at you
  76. How is it different? by birder · · Score: 1

    And how is it different from the page you wanted to go to covered in ads?

  77. Don't break open my mouth about such! .... by freaker_TuC · · Score: 2, Informative

    I lost my domain xsrv.org after +12yr of registration. First some hell when I needed to let it expire because Internic (Network Solutions) could not transfer it after I called them roughly FIVE times from Belgium. I transferred it over to Joker; I am very satisfied about the service until lately I did not receive any renewal mail about xsrv.org; I did about the xsrv.net and .com domains so I took them ALL THREE and I renewed them immediately.

    xsrv.org failed and yet again I have not received a mail from that robot. A few weeks later I started to discover a spam-decrease and the missing end-of-the-month mailing list digests which I normally receive on my xsrv.org domain. Stuff stopped functioning as it should be functioning and I did not receive my regular correspondence; even my .be (government ID) correspondence is still blocked completely. I didn't look in the matter immediately since xsrv.org was also hosted on the same network/same DNS server; so it all looked "fine" to me. It's currently hosting a search-engine poisoning engine.

    Some while later the xsrv.org domain has been taken by Mr. Wilson; of the Wilson group. I've notified the WIPO about it and they tell I got a strong case about this; even in such matter that he could bail out before the panel decides. Still, it's a costly procedure to start this and I'd like to get my domain back in a normal way; without paying the $1000 RANSOM to Mr. Wilson ; or without getting it back by force using the WIPO with $1500. It's a double edged sword; both costing money; although the WIPO would sound lots more fair to me since his name *WILL* get published on their website.. I swear !

    Don't break open my mouth about these people doing business like this; this guy took my house and he will be evicted from it; still I am wondering how this will be happening in a best and easy possible way without hurting MY OWN wallet about this. I am still not done changing everything from .org to .net and have plentoria of documents with my regular normal "home" xsrv.org domain in it; which is bothering me even more... He interrupted my personal communications for almost a half year now!

    I already notified his and our registry about this; no changes happened yet..

    --
    --- I am known for the ones who want to find me on the net. Is that a privacy risk or a privilege? One might wonder..
  78. I'm not jealous by dmjones500 · · Score: 1

    I'd probably pay $300m not to be called Kevin Ham.

  79. Wait a second by The_mad_linguist · · Score: 1

    I thought it was Al Gore who owns the internet.

  80. The man who owns the internet? by Wookietim · · Score: 1

    This isn't the guy! He lives in an underground complex and collects alien artifacts and has a live Dalek in his basement!

    --
    http://timcol6.freehostia.com/
  81. Re:Having a bunch of domains == "owns the Internet by xwipeoutx · · Score: 1

    I invented the Internet
    - Al Gore (Slashdot, 2007)
  82. Bottom Feeder by z80kid · · Score: 2, Insightful

    I've seen a lot of constructive solutions on here for dealing with these bottom-feeders. So here's my $.02 Maybe it would make sense to make domain names non-transferable. When you're done with it, it goes back in the pool, period. No transfer to another entity allowed. Wouldn't do much for typosquatters or ad farms, but It would make it pointless to buy a bunch of domains and sit on them, knowing you have no way of transferring them to a buyer.

  83. Comment removed by account_deleted · · Score: 1

    Comment removed based on user account deletion

  84. Another big domain hoarder by sherriw · · Score: 1

    There's another guy who does this. I think his name is Thunayan Al-Ghanim (calls himself Elequa). His company: Future Media Architects buys up tons of domains especially 3 letter and smaller domains in mass numbers. He then just holds them. For no reason, doesn't even re-sell them. He has made a few of them into functioning websites like dj.net but for the most part he just buys them up to hold them. Why? It really pisses me off that people like this are grabbing all the candy and then not even eating. Just buying domains only so other people can't have them. Should be illegal.

    1. Re:Another big domain hoarder by checkwit · · Score: 1

      I am pretty sure if one really wants a domain name, he can make Elequa an offer that he won't refuse.

  85. How to bait a domain by Quatermass · · Score: 1

    A .com domain I had for 7 years lapsed due to an error by my ISP. I couldn't afford the £100 to get it out of its suspended state so I had to let it be deleted before I could re-purchase it for £10. On the day of the deletion I found a search engine host site had bought it. I reported it to icann and they told me an interesting trick. Use a WHOIS tool to see who had my site. These companies put up the lapsed site automatically and see if there is any web traffic on it. If after 5-7 days it's unvisited the company can get a refund. Yes they actually get their money back for registering the domain and so can try 'baiting the hook' with another lapsed domain. Of course when it gets deleted, another company takes up the game... My site went through 5 different domain 'stealers' every 5 days before finally I could re-purchase my domain again! Seemingly this is happening hundreds of times a day. And all because it doesn't really cost them anything! Not many people seem to know this...

    --
    Stuart http://stuarthalliday.com/
  86. Meta-Godwin by Vornzog · · Score: 1

    I choose not to break Godwin's Law because it's the right thing to do. Dude, you just meta-Godwin'ed yourself. Mentioning how you didn't mention the unmentionalbe didn't save you very much.

    Quit tap-dancing around the issue with the PC names for he-who-must-not-be-named-on-internet-discussion-bo ards. Just come right out and say "Hitler!" While you're at it, make it personal and call the GP a Nazi. Either this is a flame, or it isn't. You can't half-ass these things.

    I propose a corollary to Godwin's Law. As an online discussion grows longer, the probability of Godwin's law being mentioned approaches 1.

    Anyone have a good way to recursively embed Godwin's Law within itself? That would save a lot of time fooling around with instances of meta-meta-Godwin laws being invoked, like this post.
    --

    -V-

    Who can decide a priori? Nobody.
    -Sartre

    1. Re:Meta-Godwin by Squalish · · Score: 1

      Yes, a Godwin's Law disclaimer is itself a violation. That was kind of the joke.

      And that particular corollary is a good 15 years old at least.

      --
      People in Soviet Russia, however, appear to be afflicted with amusing juxtapositions of the aforementioned situation
  87. jfkojiovjojw2.com by LunaticTippy · · Score: 1

    I don't know if you did this on purpose, but this is a spambait "search" page.

    --
    Man, you really need that seminar!
    1. Re:jfkojiovjojw2.com by joto · · Score: 1

      Amazing! I just hammered some random keys on my keyboard.

  88. Not Spam? by gotem · · Score: 1

    All this time I thought SPAM owned the Internet, and in the end is actually Ham? who would have thought that?

  89. So basically its an article about a Typersquater by i_wanna_be_a_scienti · · Score: 1

    Am i right?

  90. Thrice removed. by pavon · · Score: 1

    but aren't we all :)

  91. fairly wrong by tacokill · · Score: 1

    But, if it does, the person who sold it to you has effectively "lost" that appreciation.
    Its called opportunity cost (aka: money left on the table). Yea, you lose that. So what? Presumably, you sold your IBM because you had a better investment (even if it's just cash) so what's the problem? Aside from you confusing the futures market (and valuation) with the equities market (and valuation), you might have a point. But you totally miss the point of WHY a person sells an investment. Both parties can create wealth independently of each other...

    People have vastly different beliefs about the efficiency of our markets, but I believe that any sort of "wealth creation" would have already been price into the asset that you are purchasing.
    And you would be right. The stock market is the most efficient "pricer" of value in the world. Changes in underlying value (ie: news, earnings, etc) are almost immediately priced into the stock. When you buy a stock, you aren't buying what is already known. You are buying the future of that company.


    Methinks you need to read a little bit more about investments. By your post, I can only conclude that you don't have any idea what you are talking about.

  92. Unused trademarks are an artificial barrier by vinn01 · · Score: 1


    I'll agree that unused trademarks are an artificial barrier to the registration of new marks. In that way your analogy works.

    In terms of a speculative commodity, real estate is a much better analogy.

    Do you have any idea how many unused trademarks companies like IBM register in a given year? Yet there are still plenty of untrademarked words to go around?

    Because you think that your use is more noble and just, doesn't mean that some supreme being should give you the domain name that you desire.

    1. Re:Unused trademarks are an artificial barrier by billcopc · · Score: 1

      Well now I'm willing to grant IBM the benefit of the doubt, but there's a big difference between IBM trademarking something they may or may not release, and some snarky asian dude earning several livings by artificially inflating the price of a virtual commodity. Real estate gains value over time because of two things: 1. inflation and 2. dumb people can't stop having babies, thus demand keeps going up. The price of real estate is directly coupled to how much a potential buyer is willing to pay.

      The price of a parked domain is only related to how greedy the squatter chooses to be. If his 2 year fishing expedition produces no suckers, he lets the domain lapse and its price snaps back to $8.99 instantly, for anyone interested in buying. The value of a plot of land or a home is still worth the same (excluding dramatic changes in the neighborhood), whether the realtor pushes it or not, as long as it's up for sale.

      --
      -Billco, Fnarg.com
  93. Broken Internet is Mismanaged by B_SharpC · · Score: 1

    The Internet is fundamentally broken because it is 99.9% dead link, parked pages. Whoever was in charge of the DNS naming system should be jailed for mismanagement.
     
    Intead of intelligent searching like a google or yahoo, the DNS domain names are the search links. That is very bad design.
     
    Probably some bonehead MBA screwed that up. Their should be a 'managed' domain extension with me in charge. I would immediately cancel all dead links and cancel all 'goto' rerouting. Whoever wanted domain name that is currently an undeveloped dead sales link, it would be transfered for no more than $5. Otherwise the current method is search DECEPTION big time.
     
    Also a gazillion of domain names now exist on Spam lists so they are essentially useless, but the buyer does not know this. And that is false advertizing. There definately need to be some major lawsuits to clean up the mismanagement.
     
    There are no free markets, only managed markets, so why not properly manage the internet domain names?

    --
    Score & Karma: SASA: Slashdot Approval Seekers Anonymous
  94. Re:Mmmmm, pork rinds... - Slashdot Mods Broken by DeathElk · · Score: 1

    Doh! It wasn't there when I hit reply! Honest! Besides, mine IS funnier. So nerr.

  95. Re:Mmmmm, pork rinds... - Slashdot Mods Broken by DeathElk · · Score: 1

    Make that... was funnier :(

  96. You've got it backwards by Anonymous Coward · · Score: 0

    Real-estate is generally bought, developed, and sold at a profit. Net good happens there.

    I don't go along with your assumption that, just because someone is willing to pay for it, "net good" occurred. We'd be much better off with a lot more nature and a lot less real estate development. Domain squatting doesn't destroy anything, the way development does.

  97. Call for alternative root dns by Anonymous Coward · · Score: 0

    The problem is that names can be registered and more so the fact that they are considered property, instead of allowing for various authorities providing DIFFERENT identities corresponding to the names. We should get a multitude of roots that accept registrations for names instead of just one. This would eliminate the domain name as a property and would allow everyone to use any name they want as long as they provide an authority that gives them it.

    Imagine if every human was *forced* to use a different first name? It would need to be unique and can't be a derivative. Imagine if you could control who can use your name and where. Same thing. The current system with domain names is unnatural to human society.

    I call for alternative root dns servers and URLs that include the DNS-root in them, or a setting in the browsers where you can specify what roots you use. Then if there are multiple choices for a name, you can provide priorities or choose from one authority. -- This way it's upto you whose authority you believe and we don't have a problem with everyone getting the name they want.