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Let's not forget that the actual market price for a domain is roughly 10 dollars. Whatever a scumbag squatter can extract from a buyer in need is another matter

Let's not forget that the actual market price for a domain is roughly 10 dollars. Whatever a scumbag squatter can extract from a buyer in need is another matter. The market price for a plot of land is something based on the location and area. Will a land-owner accept the current market price for it, or will he demand.. say, 500 times the market price (or preferably 5000 times or 50000 times), just because Fuck You? Is land so cheap that anyone can start just grabbing hundreds of plots all over the world, on the off chance that someone might someday need one of them, planning to then extract 5000 times the market price from the buyer if he happens to need it bad enough?

ohashi 14y ago
So you DO understand location/area and how they are correlated to value. Thus, you must recognize some names ARE better than others and are worth more. Therefore, the market price ISN'T $10, you are simply lying through your teeth to get what you want. The market price of UNCLAIMED land may be $10, and there are definitely unclaimed lots out there worth more. It's a whole business to go out and look for them. The market value of a CLAIMED piece is what someone is willing to pay for it and whether it meets the owners selling price. That is how markets work, there are at least two participants a buyer and a seller and the price is agreed upon by both parties. Your wording is still silly, 'needs' as if you suddenly can't live without a domain name someone else registered before you because you 'had a great idea for it.' You and anyone else are welcome to buy as many domains as you like that nobody has registered. You can use them for whatever purpose you damn well please as long as you keep paying. If someone else wants them from you, they need to pay enough to convince you to sell it to them. It's capitalism, if you can't handle it maybe you shouldn't be here.
- white_devil 14y ago
  Thus, you must recognize some names ARE better than others and are worth more. Therefore, the market price ISN'T $10 You're twisting the meaning of "market price" to suit your view, while accusing me of doing the same. There's a marketplace out there where anyone can go pick up a domain name for roughly 10 dollars. That is a domain's market price, but someone may consider a specific domain name worth more based on his personal circumstances, such as being about to start a company that the domain would suit well, and that's exactly what you and other scumbags are counting on. ICANN and the registrars don't price domains according to how desirable they think they are, and that's why they're all the same price. But you do. You buy ones you think other people would want. They're worth more than ten dollars only when someone else actually wants them. The domain you're "holding hostage" would still be worth only ten dollars to almost anyone else besides the guy who wants it. It's not the same as a plot of land, because there's no general consensus on the market price. There are lots of people who have thought of various good names for a product they're making, just to find out that they're all squatted. I'm one of them. You're a squatter. We're bound to not get along.
  - ohashi 14y ago
    You are simply ignoring reality. It's not a matter of twisting anything. "The price of a commodity when sold in a given market." There are two markets. There is a primary (unregistered) and a secondary (registered) market. This is a fact. The price of a domain in the primary market is ~$10 (we'll ignore the fact some registries DO charge based on name quality - see .tv for an example of this). The price in the secondary market is whatever is agreed upon by the buyer and seller. There is NO set price, it's a normal functioning capitalist market. Nobody is holding anything hostage in the secondary market. It's simply supply and demand. The domains are worth what someone is willing to sell them for and what someone else is willing to pay. There is no morality involved, it's capitalism in its purest form. You aren't owed anything and you don't owe anyone anything. There is a near infinite supply in the primary market for you to invest in. By using the secondary market you're acknowledging the value someone else has recognized before you in the primary market. As far as it would still be worth $10 argument, that's laughable. As someone who has owned over a thousand domains and made a living off it, I've had domains earning thousands of dollars per month just being parked. You think those are still worth $10? That's idiotic. As far as the "besides anyone else" portion of your argument. Also stupid. Of course you will see a downward sloping demand curve for ANYTHING. That doesn't mean its worth the lowest value on the curve. Supply AND Demand. There are two sides to this simple equation. The supply for domain names is unique in every circumstance. You can't get another uniquename.com. You can get something else, but there is only 1 uniquename.com. So the owner is more than able to try and go for the highest point on the demand curve. (S)He only has the opportunity to sell once. You're upset because you didn't/don't get what you want for an irrationally low price. You probably think its unfair someone else did get it, and that their time, effort and investment aren't worth anything. Well, I think your product is stupid and a waste of time, effort and investment should I get the domain instead of you after you own it? Would that be fair? We may not get along but your argument is nonsensical. I will probably never change that line of thinking because people who think things are always unfair are bound to constantly look for someone or something else to blame. People who get shit done simply recognize the rules of the game and play to the best of their abilities.
    - white_devil 14y ago

ohashi 14y ago

So you DO understand location/area and how they are correlated to value. Thus, you must recognize some names ARE better than others and are worth more. Therefore, the market price ISN'T $10, you are simply lying through your teeth to get what you want. The market price of UNCLAIMED land may be $10, and there are definitely unclaimed lots out there worth more. It's a whole business to go out and look for them. The market value of a CLAIMED piece is what someone is willing to pay for it and whether it meets the owners selling price. That is how markets work, there are at least two participants a buyer and a seller and the price is agreed upon by both parties. Your wording is still silly, 'needs' as if you suddenly can't live without a domain name someone else registered before you because you 'had a great idea for it.' You and anyone else are welcome to buy as many domains as you like that nobody has registered. You can use them for whatever purpose you damn well please as long as you keep paying. If someone else wants them from you, they need to pay enough to convince you to sell it to them. It's capitalism, if you can't handle it maybe you shouldn't be here.

white_devil 14y ago
Thus, you must recognize some names ARE better than others and are worth more. Therefore, the market price ISN'T $10 You're twisting the meaning of "market price" to suit your view, while accusing me of doing the same. There's a marketplace out there where anyone can go pick up a domain name for roughly 10 dollars. That is a domain's market price, but someone may consider a specific domain name worth more based on his personal circumstances, such as being about to start a company that the domain would suit well, and that's exactly what you and other scumbags are counting on. ICANN and the registrars don't price domains according to how desirable they think they are, and that's why they're all the same price. But you do. You buy ones you think other people would want. They're worth more than ten dollars only when someone else actually wants them. The domain you're "holding hostage" would still be worth only ten dollars to almost anyone else besides the guy who wants it. It's not the same as a plot of land, because there's no general consensus on the market price. There are lots of people who have thought of various good names for a product they're making, just to find out that they're all squatted. I'm one of them. You're a squatter. We're bound to not get along.
- ohashi 14y ago
  You are simply ignoring reality. It's not a matter of twisting anything. "The price of a commodity when sold in a given market." There are two markets. There is a primary (unregistered) and a secondary (registered) market. This is a fact. The price of a domain in the primary market is ~$10 (we'll ignore the fact some registries DO charge based on name quality - see .tv for an example of this). The price in the secondary market is whatever is agreed upon by the buyer and seller. There is NO set price, it's a normal functioning capitalist market. Nobody is holding anything hostage in the secondary market. It's simply supply and demand. The domains are worth what someone is willing to sell them for and what someone else is willing to pay. There is no morality involved, it's capitalism in its purest form. You aren't owed anything and you don't owe anyone anything. There is a near infinite supply in the primary market for you to invest in. By using the secondary market you're acknowledging the value someone else has recognized before you in the primary market. As far as it would still be worth $10 argument, that's laughable. As someone who has owned over a thousand domains and made a living off it, I've had domains earning thousands of dollars per month just being parked. You think those are still worth $10? That's idiotic. As far as the "besides anyone else" portion of your argument. Also stupid. Of course you will see a downward sloping demand curve for ANYTHING. That doesn't mean its worth the lowest value on the curve. Supply AND Demand. There are two sides to this simple equation. The supply for domain names is unique in every circumstance. You can't get another uniquename.com. You can get something else, but there is only 1 uniquename.com. So the owner is more than able to try and go for the highest point on the demand curve. (S)He only has the opportunity to sell once. You're upset because you didn't/don't get what you want for an irrationally low price. You probably think its unfair someone else did get it, and that their time, effort and investment aren't worth anything. Well, I think your product is stupid and a waste of time, effort and investment should I get the domain instead of you after you own it? Would that be fair? We may not get along but your argument is nonsensical. I will probably never change that line of thinking because people who think things are always unfair are bound to constantly look for someone or something else to blame. People who get shit done simply recognize the rules of the game and play to the best of their abilities.
  - white_devil 14y ago