Domain Resale for Fun and Profit (?)
Ant wrote in to
send us an amusing piece running over at wired about
domain name hogs
selling their domains on eBay and the likes. Not a bad
little piece, but its pretty amusing the read some of the
domain names that people seem to think will be worth money.
Oh come on! domain names, like anything else, are worth what people are willing to pay for them. Diamonds are valuable because deBeers keeps the supply line clogged, not because they're really scarce, and if people weren't willing to accept the stupid idea that an engagement ring should be a) bought at all and b) cost you at least two months salary (!!), diamonds wouldn't be worth much (apart from their industrial applications).
If nobody's willing to pay for them, they're worthless. These people have gotten the idea that the 'net and anything related to it is just a gold mine waiting to be tapped, and can't believe that you could do something related to it and not make a quick few million.
Man, the capacity for self-deception in some people is to be marvelled at.
My capacity for going on rants today is too ...
"Oh, I hope he doesn't give us halyatchkies," said Heinrich.
Simple.. Cyber-Squatters are on the wrong side of case-law. If any big corporation whats their domain name that corporation only has to:
1. Create a product with that name or catch phrase.
2. Market it.
3. Trademark the phrase
4. Tell NSI to shut-down the offending name
5. Go to court to and nail the cyber-squatter.
I for one don't think people should be allowed to soak up domain names for profit. If they don't put a domain name to use they should lose it.
. * Did aliens forget to remove your anal probe?