Bulk domain buying - why is this legal?

by Hippos
32 replies
I'm trying to find a suitable name for a new start-up, but finding an available .com proves to be extremely hard.

9 out of 10 good names are taken. But of those 9, 7 are for sale by some shady company. Most go for $5000 or more.

Now I don't mind people buying a domain and selling it withing a few months to someone who's actually gonna use it. Say you have sports.com and no longer need it, sure, sell it for a nice amount. I'm not against domain selling.

But buying hundreds of thousands of domains, making it impossible for anyone to get a name... shouldn't that be illegal? I know it probably isn't at the moment, but shouldn't it be?

They are making life hard for thousands of start-up companies, effectively blocking the economy.

This feels like buying 1000 concert tickets and then selling them at 100 times the price. The real fans have no choice but to buy your expensive ticket.
#bulk #buying #domain #legal
  • Profile picture of the author wolfmmiii
    Why should it be illegal? It's how capitalism works. You can't make things illegal because they "make things hard for you".

    Do yourself a favor and stop trying to use keyword names and you'll be much better off...

    When you stick to brandable names instead of generic words, things become much, much easier.
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  • Profile picture of the author Kay King
    Keep in mind there is 3rd party software active on many domain seller sites that will temporarily register a domain if you search for it and then leave the site without purchasing.

    This has gone on for years and yet so many people don't understand it.

    Use a site like nameboy.com (there are quite a few similar sites) to enter keywords and SEE what is available without identifying what you are interested in.

    Nothing to do with "bulk buying" - there are domains available but you have to be creative to find one you can brand.
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  • Profile picture of the author Cesar Sampaio
    Yeah, I agree. It's shady, it's dirty and it's bad.

    But unfortunately I can't see it becoming illegal any time soon. These people obviously are making money with this scheme.

    One solution would be to make URLs much more expensive to buy but, frankly, that's a case where the remedy is worse than the disease.
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  • Profile picture of the author Kay King
    to make URLs much more expensive to buy
    LOL - you mean charge $60-80 like in the "good old days" when domain selling was new? Can you imagine the screaming you'd hear today about those prices?

    There are a lot of "shady things" online and offline - in the case of third party software on domain sites...it's a simple matter to avoid the problem. If you find the domain you want, register it. If you leave to "think about it" you create your own problem.
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  • Profile picture of the author DABK
    My very thoughts exactly, but about something else: I want water front properties in great cities, but, darn it, all of them are taken and the owners want hundreds of thousands to millions of dollars to give them to me.

    Dirty scoundrels.

    Do they not know how much enjoyment I'd get out of drinking my morning cup of coffee overlooking the beach on Martha's Vineyard? How much I'd enjoy myself with the money I'd get from renting a few such properties?

    Originally Posted by Hippos View Post

    I'm trying to find a suitable name for a new start-up, but finding an available .com proves to be extremely hard.

    9 out of 10 good names are taken. But of those 9, 7 are for sale by some shady company. Most go for $5000 or more.

    Now I don't mind people buying a domain and selling it withing a few months to someone who's actually gonna use it. Say you have sports.com and no longer need it, sure, sell it for a nice amount. I'm not against domain selling.

    But buying hundreds of thousands of domains, making it impossible for anyone to get a name... shouldn't that be illegal? I know it probably isn't at the moment, but shouldn't it be?

    They are making life hard for thousands of start-up companies, effectively blocking the economy.

    This feels like buying 1000 concert tickets and then selling them at 100 times the price. The real fans have no choice but to buy your expensive ticket.
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  • Profile picture of the author Hippos
    Originally Posted by wolfmmiii View Post

    Why should it be illegal? It's how capitalism works. You can't make things illegal because they "make things hard for you".
    Capitalism isn't always right. Take my comparison with tickets scalpers. Are they smart businessmen taking full advantage of capitalism? Perhaps! But it's unethical, and that can be the start of a law.

    And I'm not even looking for keyword names. I'm talking about literally every combination of 2 words I come up with, it's all occupied by domain "investors".

    Originally Posted by DABK View Post

    My very thoughts exactly, but about something else: I want water front properties in great cities, but, darn it, all of them are taken and the owners want hundreds of thousands to millions of dollars to give them to me.

    Dirty scoundrels.

    Do they not know how much enjoyment I'd get out of drinking my morning cup of coffee overlooking the beach on Martha's Vineyard? How much I'd enjoy myself with the money I'd get from renting a few such properties?
    I wouldn't mind someone buying a property on the waterfront and using it, or selling it. Same with domains. You got sports.com? Awesome, use it, or sell it if you don't have a good use for it! But don't make a script buying every word in the dictionary (or combination of 2-3 words even).

    There's a difference between making an investment, and just grabbing everything, leaving nothing for anyone else.


    The internet shouldn't be owned by a few companies. Every start-up should have their chance to register a name. A good name. And it's a shame there are so many good names out there that are available, not being used, but unfortunately cost thousands of dollars.

    If you block these start-ups, you're blocking the economy. Sounds a bit dramatic, but I really believe it's true.

    And we're not talking about some luxury item here. We're talking about the right for everyone to start their own company.
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  • "Good domain names" are subjective. Worry more about creating content that visitors want and building backlinks that will increase your site's rankings in the SERP. The domain name is just a small piece of the pie.
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  • Profile picture of the author Hippos
    I'd say it's a rather big piece of the pie. If you can't get a good domain name, you can't get a good name. Kickstarter is kickstarter.com, not startupproducts292web.com

    If you're serious about your business, getting a good name is step 1.
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    • Profile picture of the author wolfmmiii
      Originally Posted by Hippos View Post


      If you're serious about your business, getting a good name is step 1.
      If you are serious about your business, ponying up a couple grand for a premium domain name shouldn't be a problem.

      TBH, Naming your business comes before a domain name. If your business name is unique (as it should be), finding a matching domain name is a non-issue.
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    • Profile picture of the author madstan
      Yes I do agree its good for branding purposes but I also agree with the lass. What good is branding if no one can find you until you start using paid advertising. SEO is still key to marketing on a budget because if practiced correctly it wont cost you a dime.

      Originally Posted by Hippos View Post

      I'd say it's a rather big piece of the pie. If you can't get a good domain name, you can't get a good name. Kickstarter is kickstarter.com, not startupproducts292web.com

      If you're serious about your business, getting a good name is step 1.
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  • Profile picture of the author Jake Sacks
    It's just like buying up real estate. You can buy as much of it as you want. This only forces you to get creative with your domain name. In internet marketing, you need to think outside of the box a lot of times.
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  • Profile picture of the author Hippos
    It feels more like buying up ALL the real estate for $5 / each, leaving only the dirty shacks.

    "Fortunately" real estate is a bit more expensive, so buying all is nearly impossible. And if it was possible, people wouldn't take it and revolt.

    Capitalism has its limits.
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  • Profile picture of the author Luke Dennison
    Why not start doing what they are doing on this side? Instant of resenting them for trying to make money off you, start making money yourself.

    Not slating you or anything but I don't see why domain buying should be illegal.
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  • Profile picture of the author Shirlyn
    Hi,
    Quality domains are hard to find if you don't find a domain related to your niche in .com you can go for .net or other TLDs to make your presence online.
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  • Profile picture of the author Hippos
    Originally Posted by Luke Dennison View Post

    Why not start doing what they are doing on this side? Instant of resenting them for trying to make money off you, start making money yourself.

    Not slating you or anything but I don't see why domain buying should be illegal.
    I prefer to start an honest business, providing services to other people and helping other companies.

    I could never sleep at night running a "business" like this, extorting people and blocking start-ups.

    Some people would do anything to get rich. I guess I'm not that kind of person. Maybe I'm an idiot, but well... I am who I am.

    Originally Posted by Shirlyn View Post

    Hi,
    Quality domains are hard to find if you don't find a domain related to your niche in .com you can go for .net or other TLDs to make your presence online.
    I tried, but other TLD's are still useless at the moment. I have a website setup without a .com and I lose a very high percentage of returning visitors and referrals because they all go to the .com. Kickstarter.app just wouldn't have been as successful as kickstarter.com.

    Throwing away half your customers from the start by not having the .com, I'm sorry but that's not the best way to start your business.
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  • Profile picture of the author wolfmmiii
    Just spent literally less than 5 minutes and identified 4 brandable domains right out of the gate:
    • houcklandscaping.com
    • exetekmarketing.com
    • wazzlepop.com
    • fowlerholdings.com
    It's 6:19am. I woke up at 6:05. I've been awake for less than 15 minutes and I can find this stuff. It's really not that hard at all.
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  • Profile picture of the author Hippos
    I don't really know what you're trying to prove with those names. :-)

    Finding a good name takes a lot of hard work and research. You need to know your audience, product, competition, work out marketing etc... there's so many things that come into play.

    Could you start a brand "wazzlepop" and be successful with it? Yes. But if kickstarter was named wazzlepop, it for sure would have been a lot harder, and the chance that we would have known the name wazzlepop today would have been very small.

    You have a customer (hair salon for old people) looking for a new name: wazzlepop!
    The next day you have a customer (B2B IT consulting) looking for a new name: wozzlepap!

    I'm sorry but that's not the way to go...
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    • Profile picture of the author wolfmmiii
      Originally Posted by Hippos View Post

      I don't really know what you're trying to prove with those names. :-)

      Finding a good name takes a lot of hard work and research. You need to know your audience, product, competition, work out marketing etc... there's so many things that come into play.

      Could you start a brand "wazzlepop" and be successful with it? Yes. But if kickstarter was named wazzlepop, it for sure would have been a lot harder, and the chance that we would have known the name wazzlepop today would have been very small.

      You have a customer (hair salon for old people) looking for a new name: wazzlepop!
      The next day you have a customer (B2B IT consulting) looking for a new name: wozzlepap!

      I'm sorry but that's not the way to go...
      I'm proving that brandable domain names are all over the place, whether they are more direct or abstract.

      "You need to know your audience, product, competition, work out marketing etc"

      What does the above have anything to do with a brand?? Do you think Amazon did market research that told them people would prefer the name "Amazon"? Seriously?? What does "Amazon" have to do with bicycles, laptops, clothing, etc? Answer: nothing.

      Just look at the name of this forum: warriorforum.com. What does that name have to do with internet marketing??? Nothing. What does "eBay" have to do with buying anything, much less auctions?

      To answer your question about the hair salon name: GenXHair.com.

      I just spent 10 minutes to find a domain name AND throw together a half-assed logo:



      Like I said, this isn't hard if you use just a touch of creativity.

      After another 5 minutes, I found ExetechSolutions.com for your B2B IT brand - or ExetekSolutions.com if you don't like the "ch" version.
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  • Profile picture of the author Hippos
    Originally Posted by wolfmmiii View Post

    I'm proving that brandable domain names are all over the place, whether they are more direct or abstract.

    "You need to know your audience, product, competition, work out marketing etc"

    What does the above have anything to do with a brand?? Do you think Amazon did market research that told them people would prefer the name "Amazon"? Seriously?? What does "Amazon" have to do with bicycles, laptops, clothing, etc? Answer: nothing.

    Just look at the name of this forum: warriorforum.com. What does that name have to do with internet marketing??? Nothing. What does "eBay" have to do with buying anything, much less auctions?

    To answer your question about the hair salon name: GenXHair.com.

    I just spent 10 minutes to find a domain name AND throw together a half-assed logo:



    Like I said, this isn't hard if you use just a touch of creativity.

    After another 5 minutes, I found ExetechSolutions.com for your B2B IT brand - or ExetekSolutions.com if you don't like the "ch" version.
    If your point is that you don't need a good name to have a successful business, I agree. But if you're saying there is no difference between having a stupid name and a good name that appeals to your audience, I strongly disagree.

    If you don't see how important a name is, well... you're throwing away a lot of money ;-)

    Warriorforum, ebay, amazon, ... are all strong names. If you feel ebay could have worked with the name woozlewazzle.com, I think you're very, very wrong. Perhaps in the early days of the internet, when a good idea meant insta-cash, it wasn't all that important. Nowadays, there's so much competition, you really need every edge you can get.

    And do you think the bigger companies launch a new product without sending the name through multiple test panels?

    Names matter. A lot.

    Originally Posted by wolfmmiii View Post

    If you are serious about your business, ponying up a couple grand for a premium domain name shouldn't be a problem.

    TBH, Naming your business comes before a domain name. If your business name is unique (as it should be), finding a matching domain name is a non-issue.
    I don't know about where you're from, but here in Europe we try to make it as easy as possible for people to start their company. We have reduced taxes, reduced paperwork, government assistance etc... why? Because start-ups are a very important part of the economy. If you add an extra $10 000 start-up fee for the domain name, don't you think this negatively impacts this?

    And even if you feel this has no impact on the economy. Being worth the investment doesn't make the practice ethical.

    I'm now about to spend a few thousand $ on a domain name. Yes, it's worth it for me. But it feels very wrong.
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    • Profile picture of the author wolfmmiii
      Originally Posted by Hippos View Post

      But if you're saying there is no difference between having a stupid name and a good name that appeals to your audience, I strongly disagree.
      I didn't say anything about using a stupid name. You are locking in on the abstract domain I gave as an example. The others were perfectly legit brands, which is why I suspect you glossed over them. And even in the case of "wazzlepop.com", which you keep misquoting, it can be argued it's every bit as good as "wanelo.com", which seems to be doing just fine. Or how about "beezid.com"??

      You and I absolutely agree that you need a good domain name. We just differ on what "good" means. You seem to think a "good" name includes some sort of keywords - hence your aggravation that you can't find a good names. I mean, even "WarriorForum" is a terrible name when you consider the way it flows and the fact that it's a 5-syllable name that has nothing to do with internet marketing. The only thing that makes it "strong", as you say, is the marketing they've done for it.

      The ones I put forth are perfectly acceptable (and brandable) domains.

      My ultimate point, which I made early on, is that you need to stop worrying about keywords. When you do that, things get much easier.

      And by the way, you keep referring to names as "strong" names. What does that even mean? Seriously, what makes the word "eBay" a "strong" name? I do - the marketing they have done.

      I presume you haven't "named" your business yet? If you haven't, why not? Why are you allowing other people to dictate your business name??

      Let me ask you a question: If your business is selling flies and artificial lures, how difficult is it to locate "taylorflytying.com"?
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  • Profile picture of the author Hippos
    Warriorforum is a strong name because it connects a group of people, "marketing warriors", makes them feel connected. It makes them feel strong, as warriors. And also it's a forum, for those warriors. It's a very strong name.

    And I'm not even looking for keywords. Yes, I would like if my name has something to do with my business. And I would like if my name appeals to my customers. I would like a cool name that's short, easy to remember, and just has the right "feeling" to it.

    It's not that easy... I've been working on this for 2 months with 4 people. And when you finally get that shortlist of 10:

    - 2 are actually used by companies
    - 2 are for sale for 100k or more
    - 3 are 20k
    - 3 are 5k

    None of my options are available. So what choice do I have? I can settle for a cheesy name destined to fail, or I can cough up at least 5k. Or I can delay my product launch and keep working on the name, which is usually a bad idea as well.

    Perhaps me and my team aren't creative geniuses, but those are the options I see for us.

    The alternative? 2 domains are in use, 8 are available for start-ups like mine. The economy will grow, lives will get better, everyone gets a piece of the cake. A true American dream. But I guess capitalism tends to get in the way, people get greedy and want everything for them self, no matter the cost on society.
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    • Profile picture of the author wolfmmiii
      Originally Posted by Hippos View Post

      Warriorforum is a strong name because it connects a group of people, "marketing warriors", makes them feel connected.
      The only reason you know that Warrior Forum has anything to do with "marketing" is because of the marketing the owners did. By itself, the term "warrior forum" gives zero indication that it has anything to do whatsoever with internet marketing.

      The same applies to a gazillion available domain names right now.

      If you can't find a domain name that matches your business name, your business name is probably not all that unique. That's a different problem altogether.
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      • Profile picture of the author JohnMcCabe
        Originally Posted by wolfmmiii View Post

        The only reason you know that Warrior Forum has anything to do with "marketing" is because of the marketing the owners did. By itself, the term "warrior forum" gives zero indication that it has anything to do whatsoever with internet marketing.

        The same applies to a gazillion available domain names right now.

        If you can't find a domain name that matches your business name, your business name is probably not all that unique. That's a different problem altogether.
        If I didn't know better, and I'd never heard of this site, I would have guessed that "Warrior Forum" was something to do with mixed martial arts, something to do with the military or quasi-military, or maybe some kind of prepper site.

        I went through a similar exercise for my current project, sans team. I managed to find good names for two of the three components, with one left. Oh, and I didn't pay over $10 for either of them.

        Now that our buddy Hippos revealed they were from Europe, things are much clearer. I have a friend raised in Germany, and he's constantly telling me how the government should make it illegal to do anything that contradicts the way he thinks things should be. I'm guessing that Hippos has been hearing similar rhetoric since the cradle.
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  • Profile picture of the author Kay King
    Finding a good name takes a lot of hard work and research.
    I'd say it takes more in the way of creative thinking and flexibility.

    It's not that easy... I've been working on this for 2 months with 4 people. And when you finally get that shortlist of 10:

    - 2 are actually used by companies
    - 2 are for sale for 100k or more
    - 3 are 20k
    - 3 are 5k
    You are going at it from the wrong direction. You can sit around day after day and "brainstorm" names and domains only to find all are in use. Much better to find keyword RELATED or BRANDABLE domain names and then brainstorm WHICH OF THOSE WILL WORK FOR YOU.

    ....or pay 5k, 20k or 100k

    I've noticed people who work too hard to "find a domain" often end up with cutesy or "meaningful" domains names that are non-descriptive and easy to forget. Go for a punchy name and then BRAND it.
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  • Profile picture of the author DIABL0
    It sucks, but I think it is better than regulating it.

    If you regulate how long someone can have a domain and not develop it it or buy it to just flip, what will be next?
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    • Profile picture of the author Hippos
      Originally Posted by DIABL0 View Post

      It sucks, but I think it is better than regulating it.

      If you regulate how long someone can have a domain and not develop it it or buy it to just flip, what will be next?
      I don't see a problem in owning a couple domains and selling them for profit. I have a problem with companies registering thousands of domains with every possible combination of words.

      Buying a couple concert tickets for your friends is cool, but buying half of the tickets with a bot isn't.



      To everyone: thanks for your opinion. I think most of you are in favor of a free market without any interference from the government. I guess it's an American thing.

      How I see it: there's a couple of big fish out there, and the free market without any government interference is only good for them. You support them because you think with a lot of hard work you too can become a big fish. Anything is possible, but realise that a lack of interference is bad for 99% of people. I'm not talking about "lazy bums living on wealthfare" or whatever you call them. We are the small fish. Unless you earn a million a month, but I don't think many of those people are lurking around on this forum.

      I didn't really want to make it political, but I guess it's all connected.


      I also hope I didn't insult anyone, it's interesting to see people from another part of the world have such a different view on things, and even if I don't necessarily agree, that doesn't mean we have to go back to kindergarten and start calling names. It only devaluates your opinion (saying "I feel a free market is a good thing and you Europeans are all dirty poo-poo pants"... your opinion loses all its value in less than 3 seconds).
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      • Profile picture of the author DABK
        How come you don't object to a company making thousands of loafs of bread using automation, then selling them? That, surely, interferes with the happiness of someone who wants to go in the bread business from home.

        How about land? Why should some rich fart own a 146-unit building that takes up 18 lots and not me being able to buy one of the lots and put up my own house there?




        Originally Posted by Hippos View Post

        I don't see a problem in owning a couple domains and selling them for profit. I have a problem with companies registering thousands of domains with every possible combination of words.

        Buying a couple concert tickets for your friends is cool, but buying half of the tickets with a bot isn't.



        To everyone: thanks for your opinion. I think most of you are in favor of a free market without any interference from the government. I guess it's an American thing.

        How I see it: there's a couple of big fish out there, and the free market without any government interference is only good for them. You support them because you think with a lot of hard work you too can become a big fish. Anything is possible, but realise that a lack of interference is bad for 99% of people. I'm not talking about "lazy bums living on wealthfare" or whatever you call them. We are the small fish. Unless you earn a million a month, but I don't think many of those people are lurking around on this forum.

        I didn't really want to make it political, but I guess it's all connected.


        I also hope I didn't insult anyone, it's interesting to see people from another part of the world have such a different view on things, and even if I don't necessarily agree, that doesn't mean we have to go back to kindergarten and start calling names. It only devaluates your opinion (saying "I feel a free market is a good thing and you Europeans are all dirty poo-poo pants"... your opinion loses all its value in less than 3 seconds).
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  • Profile picture of the author celente
    I have made $33,000 USD on a website domain. Yes in I just sold the name.

    But Oh boy that person, was stalking me, and kept saying NO!...I actually thought for a while he was one of the powers that be who were trying to give me a emotiion wedgie, LOL

    Very stressful, but that name was a 5 letter .COM.... so I should have sold him that for more. LOL.

    THis does take time and effort, and there are now tools that can help you scrap a name for like $100 bucks, but I have to warn you, if you are not ready to put in hard yards, do not get involved with this niche. LOL. It can cause hair loss, and heart damage. Helmets with chinstraps are required. LOL
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  • Profile picture of the author KenW3
    Highly entertaining thread over the past couple days Seems like business owners trying to educate employees on how business actually works ... and struggling to get them to comprehend. The people who want to start a business can't see the forest because they prefer to complain about all of the trees.

    Originally Posted by Hippos

    How I see it: there's a couple of big fish out there, and the free market without any government interference is only good for them. You support them because you think with a lot of hard work you too can become a big fish.
    Nope - it is unlikely a member of this forum can become a big fish in domaining. There is still money to be made by creative individuals who buy and sell names, but big domain owners are huge global corporations. You mentioned Sports.com. Doing a comp on Namebio.com shows the minimum bid on that SLD.TLD will be seven figures (if ever sold). The way I think about that name and price is: If I currently own a company (or can create a business) which is able to amortize off the cost of that asset through annual profits, then I can own it.

    Who are the biggest domain name owners? That would be Amazon, Google, Apple, GoDaddy, CBS, etc. They and other large corporations hold huge portfolios, and not just the gTLDs (e.g. .com) or ccTLDs (e.g. .co.uk). Take Amazon as an example, type giftcards.cash into your browser and see where it takes you ... or wearable.fitness , shoes.discount , buy.camp , outlet.toys . etc. They have these and, likely, thousands more.

    The list of .com domain names owned by large companies is extensive. Conde Naste has Brides.com, Glamour.com, Style.com, Portfolio.com, Gourmet.com and more. CBS holds Auctions.com, Builder.com, Chat.com, News.com, Online.com, Radio.com, TV.com, Upload.com and more. ... and it's not just the names (SLD) anymore, corporations are creating extensions.

    Amazon now owns the domain name extensions .buy .pay .book and more. I don't know how many were approved by ICANN, but Amazon applied for 76 different TLDs. With an application fee of $185,000 each, hard work alone will never get you there. This is how a big fish operates - don't compete. Control the market.

    Originally Posted by Hippos

    I also hope I didn't insult anyone, it's interesting to see people from another part of the world have such a different view on things
    This discussion has nothing to do with where people are from - there are successful business owners in every country who are willing and able to take responsibility for themselves. This has everything to do with not understanding how business operates and how to compete in a global marketplace.

    Creativity and an understanding of business can set someone on the right path. Refusing to see the forest for all the trees, then arguing for ignorance is always detrimental to progress. Success comes from understanding and learning to overcome obstacles, not from stopping forward progress to complain.
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  • Profile picture of the author luciesmazanska
    Its not illegal, this will sounds bad, but first WIN. and take everything, I know its sad and I has the same problem as you, but remember that those domains have expiration date and they cant keep it for a long time because it costs a lot of money and they will sell it or it will expire so it will be free for everyone.
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  • Profile picture of the author Hippos
    Originally Posted by KenW3 View Post

    This discussion has nothing to do with where people are from - there are successful business owners in every country who are willing and able to take responsibility for themselves. This has everything to do with not understanding how business operates and how to compete in a global marketplace.
    My A/B testing shows me this discussion shows a lot about the difference between Europe and the USA. I have posted this on another forum and responses there were very different.

    Americans don't like the government getting involved, even if it's for their own good. But in Europe this is very common to happen, and is very accepted. A lot of people somehow seem offended by my opinion, because I want to touch their precious free market. There are no such feelings in Europe (or a lot less at least).

    And let me be clear, this is a discussion, which is very different from complaining. I posted here to get opinions from other people on the issue. Yes, I also have stated my opinion, which is a likely occurance in a discussion. ;-) I have been respectful for every opinion and thanked everyone for sharing their view. Which is something I can't say of every poster in this thread, unfortunately.

    Originally Posted by luciesmazanska View Post

    Its not illegal, this will sounds bad, but first WIN. and take everything, I know its sad and I has the same problem as you, but remember that those domains have expiration date and they cant keep it for a long time because it costs a lot of money and they will sell it or it will expire so it will be free for everyone.
    Domains can be renewed forever, and are very cheap... they can buy 1000 domains and only sell 1 and still make profit. So I don't see this changing soon.
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    • Profile picture of the author JohnMcCabe
      Originally Posted by Hippos View Post

      Americans don't like the government getting involved, even if it's for their own good. But in Europe this is very common to happen, and is very accepted. A lot of people somehow seem offended by my opinion, because I want to touch their precious free market. There are no such feelings in Europe (or a lot less at least).
      One reason many Americans don't like the government getting involved "for our own good" is that it often doesn't turn out that way. Getting and keeping an elected position in the American system, especially at the national level, is a very expensive proposition. For example, members of the US House of Representatives have to win an election every other year in order to keep their jobs. Much of their time is spent raising money, and small fish don't have that kind of money. Big fish do, and they use that money to influence elected officials.

      I'm certainly not offended by your opinion, as I understand it comes from a totally different cultural viewpoint.

      As far as the analogy to concert tickets goes, there is proposed legislation making it's way through channels right now to place limits on scalpers - I mean 'secondary markets' from using bots to buy large lots of event tickets. According to Charles Schumer (D-NY), the bill was inspired by politicians trying to buy tickets to the Broadway show 'Hamilton" and finding the only tickets available selling for multiples of face value.

      Maybe if enough government officials and their staffers want to buy domains, you may get your wish yet.
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