3 ms·
It's like real estate. You found a company or whatever and have good money - you buy a land or house in a suburban area(not yet developed). You leave that land
by fakeer 14y ago
It's like real estate. You found a company or whatever and have good money - you buy a land or house in a suburban area(not yet developed). You leave that land just marked or fenced for years and when the area develops your land is worth several times the price you actually paid for it. I need land there, I am buying it from you at the current prices and not the one you bought it for. Am I angry and find it unfair? I don't think so. People take advantage of opportunity. It's normal and natural. Domain hoarders are good investors IMHO. Domain hoarders, not squatters.
I think domain squatting is illegal anyway, isn't it? The difference being squatter purchases the domain after you register your trademark/product(which you should have bought) and hoarder has already done that in the past (betting on good name/term/phrase) so you need it buy it from him/her if you want that domain that bad (e.g. fb.com).
- 18pfsmt 14y agoI'm pretty sure your parent was referring to people that purchase domains without any purpose other than selling it to someone that actually wants to use legitimately. I don't think he/she is trying to figure out why people buy domains and park advertising on them.
- fakeer 14y agoThat is exactly why I told him that it is perfectly fine and legit to do that. I didn't mean to sound anything else, if at all you heard so. Though it was not clear whether he actually meant a squatter or a hoarder.