Why do some people have an issue with those who purchase domain names with the intent to turn a profit?

[oiprocs]

I see it no differently than an individual who purchases real estate with the intent to turn a profit. Granted, I'm probably talking about individuals who don't do anything to the real estate, so they're probably buying a patch of land and leaving it untouched. However, the concept remains the same:

a) buy something that others might see value in at some point
b) sell it to them
c) profit

 

[Leros]

Probably because it isn't physical like land is.

 

[Bateluer]

Originally posted by: scorpious
I see it no differently than an individual who purchases real estate with the intent to turn a profit. Granted, I'm probably talking about individuals who don't do anything to the real estate, so they're probably buying a patch of land and leaving it untouched. However, the concept remains the same:

a) buy something that others might see value in at some point
b) sell it to them
c) profit

Assume for a moment that the domain name generalmotors.com is unclaimed, not owned by anyone. You buy it and do nothing with it, knowing full well that General Motors is trademarked by the New GM Corporation.You're essentially buying something that someone else already owns the rights to and expecting to profit from it.

Now, if you bought the domain name amazon.com prior to 1994 when Amazon.com was funded, your argument would hold up.

 

[sjwaste]

Originally posted by: Bateluer

Originally posted by: scorpious
I see it no differently than an individual who purchases real estate with the intent to turn a profit. Granted, I'm probably talking about individuals who don't do anything to the real estate, so they're probably buying a patch of land and leaving it untouched. However, the concept remains the same:

a) buy something that others might see value in at some point
b) sell it to them
c) profit

Assume for a moment that the domain name generalmotors.com is unclaimed, not owned by anyone. You buy it and do nothing with it, knowing full well that General Motors is trademarked by the New GM Corporation.You're essentially buying something that someone else already owns the rights to and expecting to profit from it.

Now, if you bought the domain name amazon.com prior to 1994 when Amazon.com was funded, your argument would hold up.

In the GM example, that domain would be recoverable at relatively low cost, at least to the standards of a business. You can just file a complaint under the UDRP, which nearly every registrar out there has in their TOS, and get the arb body to award it to you.

The craziest part is most people tend to not even respond to the UDRP complaint.

 

[oiprocs]

Originally posted by: Bateluer

Originally posted by: scorpious
I see it no differently than an individual who purchases real estate with the intent to turn a profit. Granted, I'm probably talking about individuals who don't do anything to the real estate, so they're probably buying a patch of land and leaving it untouched. However, the concept remains the same:

a) buy something that others might see value in at some point
b) sell it to them
c) profit

Assume for a moment that the domain name generalmotors.com is unclaimed, not owned by anyone. You buy it and do nothing with it, knowing full well that General Motors is trademarked by the New GM Corporation.You're essentially buying something that someone else already owns the rights to and expecting to profit from it.

Now, if you bought the domain name amazon.com prior to 1994 when Amazon.com was funded, your argument would hold up.

Hmm. Okay, I understand this, and I agree that that might be a slimey thing to do.

However, how is it not the fault of said company? In this day and age, starting a business really requires you to have a web site. I can't tell you how many times I've wanted to look at a company's site online, only to find out they have yet to join the revolution. If they don't take heed, they're basically giving the green light to go ahead and buy the domain.

 

[Nik]

I relate those kind of people with the ones who rush out and buy up all the new game platforms day 1, then ebay and craigslist them for 200%+ the cost.

Or people who find a hot deal on HDDs and buy 30 of them, use 2 or 3, and sell the rest on craigslist or to friends or something for retail price.

They're both pieces of shit. I hate people who pull that bull.

 

[Rubycon]

Originally posted by: Nik
I relate those kind of people with the ones who rush out and buy up all the new game platforms day 1, then ebay and craigslist them for 200%+ the cost.

Or people who find a hot deal on HDDs and buy 30 of them, use 2 or 3, and sell the rest on craigslist or to friends or something for retail price.

They're both pieces of shit. I hate people who pull that bull.

People that buy a PS3 or high end video card and sell the empty box on ebay for $400 are worse.

 

[Nik]

Originally posted by: Rubycon

Originally posted by: Nik
I relate those kind of people with the ones who rush out and buy up all the new game platforms day 1, then ebay and craigslist them for 200%+ the cost.

Or people who find a hot deal on HDDs and buy 30 of them, use 2 or 3, and sell the rest on craigslist or to friends or something for retail price.

They're both pieces of shit. I hate people who pull that bull.

People that buy a PS3 or high end video card and sell the empty box on ebay for $400 are worse.

Buyer beware.

That's why I don't use ebay and I only use craigslist to pick up stuff locally. I have to see it before I fork over the cash. I bought a monitor recently and the seller had it hooked up, turned on, and in use when I arrived to show me it works. :thumbsup:

 

[Rubycon]

Originally posted by: Nik

Buyer beware.

That's why I don't use ebay and I only use craigslist to pick up stuff locally. I have to see it before I fork over the cash. I bought a monitor recently and the seller had it hooked up, turned on, and in use when I arrived to show me it works. :thumbsup:

You know what's even sadder is these sellers will plaster all over in the description with big flashing text that you're bidding on an empty box and people still bid like they're bidding on the actual item! :laugh:

 

[l0cke]

Who is that rich guy on here who had the domain name to some xbox game and sold it to Microsoft and is now rich?

Or is that just everyone on ATOT.

 

[Brainonska511]

Originally posted by: l0cke
Who is that rich guy on here who had the domain name to some xbox game and sold it to Microsoft and is now rich?

Or is that just everyone on ATOT.

Everyone on ATOT is rich. DUH.

 

[MagnusTheBrewer]

I have no problem with turning a profit. However, I do have a problem with people who buy a personal name domain and want thousands and are totally unwilling to consider anything less. They merely sit on it and wait doing nothing with the site. Profiteering bastards.

 

[sao123]

this is the reason why i appreciate companies which have factory authorized resellers, and only honor warranty on items purhcase from one of theirs...

At least the company has common sense to realize that someone is getting ripped off, and a customer who pays mare than he has to is usually unhappy. its in the companies best interests to cut out unnecessary middle costs.

 

[ViviTheMage]

Originally posted by: scorpious

Originally posted by: Bateluer

Originally posted by: scorpious
I see it no differently than an individual who purchases real estate with the intent to turn a profit. Granted, I'm probably talking about individuals who don't do anything to the real estate, so they're probably buying a patch of land and leaving it untouched. However, the concept remains the same:

a) buy something that others might see value in at some point
b) sell it to them
c) profit

Assume for a moment that the domain name generalmotors.com is unclaimed, not owned by anyone. You buy it and do nothing with it, knowing full well that General Motors is trademarked by the New GM Corporation.You're essentially buying something that someone else already owns the rights to and expecting to profit from it.

Now, if you bought the domain name amazon.com prior to 1994 when Amazon.com was funded, your argument would hold up.

Hmm. Okay, I understand this, and I agree that that might be a slimey thing to do.

However, how is it not the fault of said company? In this day and age, starting a business really requires you to have a web site. I can't tell you how many times I've wanted to look at a company's site online, only to find out they have yet to join the revolution. If they don't take heed, they're basically giving the green light to go ahead and buy the domain.

I must find these people and market them. If you could, give me their address .

 

[PieIsAwesome]

I don't, its all fair game. Sounds like a decent idea for $$$ too.

 

[CKent]

Originally posted by: Bateluer

Originally posted by: scorpious
I see it no differently than an individual who purchases real estate with the intent to turn a profit. Granted, I'm probably talking about individuals who don't do anything to the real estate, so they're probably buying a patch of land and leaving it untouched. However, the concept remains the same:

a) buy something that others might see value in at some point
b) sell it to them
c) profit

Assume for a moment that the domain name generalmotors.com is unclaimed, not owned by anyone. You buy it and do nothing with it, knowing full well that General Motors is trademarked by the New GM Corporation.You're essentially buying something that someone else already owns the rights to and expecting to profit from it.

Now, if you bought the domain name amazon.com prior to 1994 when Amazon.com was funded, your argument would hold up.

If General Motors didn't buy it first it would be their own fault. :thumbsup: to entrepreneurs, business is about survival of the fittest. If it wasn't we would all be worse off.

Originally posted by: Rubycon

Originally posted by: Nik
I relate those kind of people with the ones who rush out and buy up all the new game platforms day 1, then ebay and craigslist them for 200%+ the cost.

Or people who find a hot deal on HDDs and buy 30 of them, use 2 or 3, and sell the rest on craigslist or to friends or something for retail price.

They're both pieces of shit. I hate people who pull that bull.

People that buy a PS3 or high end video card and sell the empty box on ebay for $400 are worse.

I have equal contempt for the people who buy them. Reading even a short paragraph has become a lost art.

 

[DrPizza]

Because people who do that contribute absolutely nothing to our society & expect to reap a huge profit.

 

[CKent]

Originally posted by: DrPizza
Because people who do that contribute absolutely nothing to our society & expect to reap a huge profit.

You can say that about 95% of people. Why single out domain squatters?

 

[n yusef]

Why should someone profit without manufacturing any goods or providing any services?

 

[Leros]

Originally posted by: DrPizza
Because people who do that contribute absolutely nothing to our society & expect to reap a huge profit.

So you're a communist, eh?

 

[mugs]

Originally posted by: CKent

Originally posted by: DrPizza
Because people who do that contribute absolutely nothing to our society & expect to reap a huge profit.

You can say that about 95% of people. Why single out domain squatters?

Who said he was singling them out?

 

[villageidiot111]

For the same reason the government forced people to live on their land and have a working farm when the West was opened up.

 

[dguy6789]

Originally posted by: CKent

Originally posted by: DrPizza
Because people who do that contribute absolutely nothing to our society & expect to reap a huge profit.

You can say that about 95% of people. Why single out domain squatters?

People who take without contributing are the norm, the default. Legitimately good people who contribute are a rare occurrence.

 

[Farang]

Ticket scalpers.

 

[SandEagle]

nissan.com