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

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Aluvus

Platinum Member
Apr 27, 2006
2,913
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Originally posted by: scorpious

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.

Most large companies have to buy up dozens of domains, in large part to protect themselves from someone buying up a misspelling and pretending to be them/redirecting hits to a competitor/filling it with ads/etc. It does not follow that just because a company does not own a particular domain name related to one of their trademarks, they have failed to "join the revolution".

Namecheap just sent out an email encouraging people to buy up .cm names (which they now sell), because they are a 1-character typo away from the equivalent .com. It would be generous of me to assume that they were not encouraging domain squatting.
 

TehMac

Diamond Member
Aug 18, 2006
9,976
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Originally posted by: 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.

Do people here really not have a single clue about how society works? If this half truth was reality, do you think we'd be on AT chatting?
 

miketheidiot

Lifer
Sep 3, 2004
11,060
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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

domain squatting has no economic value, 'holding' a house is at least an investment of capital and allows more liquid markets.
 

ConstipatedVigilante

Diamond Member
Feb 22, 2006
7,670
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Originally posted by: sao123
Originally posted by: Farang
Ticket scalpers.

are illegal, and the concept should be illegal as well throughout all markets.

Stop stifling the free market. If people are willing to sell the tickets, and people are willing to buy at the offered (or haggled) price, then it should be allowed.
 

coloumb

Diamond Member
Oct 9, 1999
4,069
0
81
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

/shrug

the only problem I have is that I didn't think of it first. :)

I see it as being the same as someone buying up prime real estate in Second Life...
 

oiprocs

Diamond Member
Jun 20, 2001
3,780
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Originally posted by: ConstipatedVigilante
Originally posted by: sao123
Originally posted by: Farang
Ticket scalpers.

are illegal, and the concept should be illegal as well throughout all markets.

Stop stifling the free market. If people are willing to sell the tickets, and people are willing to buy at the offered (or haggled) price, then it should be allowed.

I agree as well. You're buying something, then you're selling it. But wait...you already had it...it was yours, in your possession, 9/10ths, whatever. You can do whatever you want with it from that point on.

Why should anyone say you cannot sell them?
 
May 16, 2000
13,522
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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

Which I'm also opposed to, and think in general it makes you a pretty bad person.
 

miketheidiot

Lifer
Sep 3, 2004
11,060
1
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Originally posted by: ConstipatedVigilante
Originally posted by: sao123
Originally posted by: Farang
Ticket scalpers.

are illegal, and the concept should be illegal as well throughout all markets.

Stop stifling the free market. If people are willing to sell the tickets, and people are willing to buy at the offered (or haggled) price, then it should be allowed.

free markets are nothing more than a hypothetic construct and don't exist in real life, everyone knows this
 

ShawnD1

Lifer
May 24, 2003
15,987
2
81
Originally posted by: PrinceofWands
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

Which I'm also opposed to, and think in general it makes you a pretty bad person.
Well they are the same shit bags who destroyed the US economy.
Buy house you don't intend to live in --> inflate market price --> destroy economy
 

Wheezer

Diamond Member
Nov 2, 1999
6,731
1
81
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.

yeah capitalism really sucks eh comrade?
 

sao123

Lifer
May 27, 2002
12,653
205
106
Originally posted by: ConstipatedVigilante
Originally posted by: sao123
Originally posted by: Farang
Ticket scalpers.

are illegal, and the concept should be illegal as well throughout all markets.

Stop stifling the free market. If people are willing to sell the tickets, and people are willing to buy at the offered (or haggled) price, then it should be allowed.

the "free market" as you put it is responsible for tanking the worlds economy... remember the housing bubble? ALL artificial bubbles are bad.
 

nerp

Diamond Member
Dec 31, 2005
9,865
105
106
Originally posted by: n yusef
Why should someone profit without manufacturing any goods or providing any services?

I guess it's time to delete most of the internet, then.
 

ShawnD1

Lifer
May 24, 2003
15,987
2
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Originally posted by: bl4ckfl4g
Ticket scalping isn't illegal in every state. Shouldn't be illegal in any.
http://en.wikipedia.org/wiki/Ticketmaster
As an example of a typical markup, a ticket to see Britney Spears at the Nissan Pavilion in 2004 cost $56. In addition to this, Ticketmaster levied fees of $4.10 (processing charge), $3.50 (facility charge) and $9 (convenience charge), a total of $16.60, almost 30% of the ticket's original price.[6] In some instances service charges can amount to up to 50% of a ticket's face value.[6]

Ticketmaster has come under attack from those who claim its fees are excessive, with 40 British MPs signing an early day motion criticizing the company for overcharging and for the lack of transparency in its pricing structure.
So they control all the tickets and sell them at 30-50% over face value. That is the very definition of ticket scalping.

Oh yeah and people who buy buy domains are bad. Let's blow up ticket master's HQ to protest domains.
 
Aug 23, 2000
15,509
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Originally posted by: DrPizza
Because people who do that contribute absolutely nothing to our society & expect to reap a huge profit.

They piss me off, they are just like the ass flutes that go out and buy out the newest "thing to have" so they can turn around and say. You can't find these anywhere so my 200% markup is justified. But if jackasses hadn't gone out and bought them all up so they could resell them there wouldn't be a shortage. If you want to be in the business of reselling do it the right way. Start a business and get in the channel and buy at wholesale and then sell. You'll still make a profit.