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fernandovalente

macrumors 6502
Original poster
There are people who register domains with the plan to sell it for absurd prices. One domain I would like to buy, was registered by someone with the intention to sell it. They are asking for $750(!) for the domain. I would like to know if there's anything I could do.
 
Besides buy the domain, nothing that I can think of. URL squatters will do that with any thing, domain names, Twitter accounts, etc. People registered "georgewbushlibrary.com" for $10 and sold it for $35,000.
 
I never bid on domains. If I want one I look for one that nobody has and pick it up for $10/yr.
 
I thought there was something against this.

I seem to remember at the beginning of the Internet boom people registered all sorts of domains before large companies, and got a s*** load of money out of them. I'm sure I remember reading about something to prevent this happening further...
 
Where may I send a suggestion to the US government? I would like to suggest a law against this.

Why, its called capitalism. They registered it first and they are choosing to sell it (for a profit).

Do what the rest of us have done, come up with a domain name that's unique and not registered.
 
Why, its called capitalism. They registered it first and they are choosing to sell it (for a profit).

Do what the rest of us have done, come up with a domain name that's unique and not registered.

This. He has legal rights to what he's already bought with his money. Unless you're a major corporation that can legally prove the seller is squatting with intention to get many dollars from said corporation, you're SOL.

Case in point: I owned a domain I used for my business about four years ago. The registrar bungled up my email when they established my account, so I never got a renewal notice email. The domain expired, and when I talked to them about it they said I had to pay $200 to re-instate the account just to update the email they got wrong in the first place, and then in the course of trying to deal with them they sold it to a third party who wanted $800 from me to buy it back. Needless to say, I simply changed the domain. In a completely, entirely unrelated note, don't touch iPowerWeb with a ten foot pole an always confirm your contact information.
 
This. He has legal rights to what he's already bought with his money. Unless you're a major corporation that can legally prove the seller is squatting with intention to get many dollars from said corporation, you're SOL.

Case in point: I owned a domain I used for my business about four years ago. The registrar bungled up my email when they established my account, so I never got a renewal notice email. The domain expired, and when I talked to them about it they said I had to pay $200 to re-instate the account just to update the email they got wrong in the first place, and then in the course of trying to deal with them they sold it to a third party who wanted $800 from me to buy it back. Needless to say, I simply changed the domain. In a completely, entirely unrelated note, don't touch iPowerWeb with a ten foot pole an always confirm your contact information.

Yes like if a new company started with the name new world, and a person bought the domain newworld.com then they would be in trouble.
 
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