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As someone who is experimenting with domain squatting, I have found it to be profitable up to this point. You just have to find good names that are expiring. Go
by dutchbrit 5y ago
As someone who is experimenting with domain squatting, I have found it to be profitable up to this point. You just have to find good names that are expiring. Good available domains are getting harder and harder to find... Roughly 300% profit up til now.
- w-j-w 5y agoI don't like you. You make money by stealing value, not creating any.
- Max-20 5y agoImagine how many awesome businesses we could have, if not all of the computer.com insurance.com etc would be squatted.
- denton-scratch 5y agoShame to personalise it, don't you think? He's just arbitraging. If "the system" leaves gaps across which you can trade for a 300% profit, then people will inevitably trade across those gaps and take the profit. Those people aren't bad people for doing that. If there's something to hate here, it's the system. The domain market is a very peculiar market. ICANN is a very odd organisation.
- JimmyRuska 5y agoLike many things in life: hedge funds, renters, land as an investment. At the same time I'm sure some domains expire just because they're not used anymore. Sometimes I find it useful some guy hoarded it to sell for a small fee because they saw its value. The domains might have been harder to buy from some smaller mom and pop that grounded all their links to that domain.
- layoutIfNeeded 5y agoI wish you a short life, and the inability to enjoy the fruits of your immoral venture.
- dang 5y agoWe've banned this account for repeatedly breaking the site guidelines and ignoring our requests to stop. Regardless of how you feel about domain squatting, you can't abuse HN like this. If you don't want to be banned, you're welcome to email hn@ycombinator.com and give us reason to believe that you'll follow the rules in the future. They're here: https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html.
- goatherders 5y agoGood for you. I laugh at people who cry "you don't create value!" So what. What you are doing, however, is recognizing value that others don't see which is a significantly more valuable skill. Domain names are digital real estate. Sometime real estate is in the frozen tundra and not worth much. Sometimes it's in Vancouver or London or Hong Kong and worth a whole lot. Get you some.
- goatherders 5y agoLol at the downvotes. Don't ever change HN
- dutchbrit 5y agoThanks! Don't get me wrong, I hate domain squatters. It's a hell to try and find a good domain for your own things. But at the end of the day, it is a good way to make money, and if I don't snap up the domains I register, someone else probably will for the same reason.
- azth 5y agoWhat was your base investment that you made 300% profit on if you don't mind sharing?
- dutchbrit 5y ago~$500 so far invested, not that much but as previously mentioned, I'm still experimenting.