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The “.ro” Gold Rush (2018)

viorel.me

11–20 of 68 posts

Re: The “.ro” Gold Rush (2018)

#11
post #8
post #3

It's "unfair" to pay auction rates? How?

Do you ask for real or just troll? It is unfair because, because the domain costs 6€ if you’re the middleman and 300€ otherwise. I guess €3000 is not a super high entry barrier, but probably there is some red tape as well.

you see the value of a good, buy it and then resell it at a better price so you can make a profit.

this is free market 101 as far as I'm concerned...

Re: The “.ro” Gold Rush (2018)

#12
post #5

Earlier quoted context omitted.

It's a private entity that reaps the benefits of what is a public good presumably...

A domain name is a private good, not a public good.

A domain isn't a private good until it's actually owned by a private party.

Re: The “.ro” Gold Rush (2018)

#13
post #5

Earlier quoted context omitted.

It's a private entity that reaps the benefits of what is a public good presumably...

A domain name is a private good, not a public good.

The exclusivity of the domain name is a public good. The right to use the domain name is a private, transferable good.

Were the auction site operated by Romania, the value of courses.ro would be determined by auction, paid by a willing buyer, and received by the Romanian polity. Instead, the Romanian polity receives 300EUR as an entrance fee to a race-track where luck is significant in determining the winner. There is nothing in the linked article suggesting that the number of entrants is limited.

Re: The “.ro” Gold Rush (2018)

#14
post #5

Earlier quoted context omitted.

It's a private entity that reaps the benefits of what is a public good presumably...

A domain name is a private good, not a public good.

Sure, just like the public's promise to keep off a chunk of land is a private good.

That's how our current system works, but it probably works that way primarily because the groups in charge wanted to raise money, not because it's a fundamental philosophical truth that it should work that way.

Re: The “.ro” Gold Rush (2018)

#15
post #2

> If you want a really good domain, you can end up paying 500EUR per year for it. Can't you transfer it to a different reseller in the first year? You should be able to switch resellers with your domain. In worst case, you can start your own reseller.

I'm from Romania, and my firstname.ro was available late last year, but someone else bought it...I don't have a problem with that...I was willing to pay 50 euros, since it's a common name, I assume it went for a lot more.

I don't understand why it would be 500 euros/year. Once you bought it, it's yours, you can renew it for 9/year.

Re: The “.ro” Gold Rush (2018)

#16
post #8
post #3

It's "unfair" to pay auction rates? How?

Do you ask for real or just troll? It is unfair because, because the domain costs 6€ if you’re the middleman and 300€ otherwise. I guess €3000 is not a super high entry barrier, but probably there is some red tape as well.

it's an auction. I don't see the problem with that. But this is only to get the domain initially...after that, you pay the normal, reasonable price

Re: The “.ro” Gold Rush (2018)

#17
post #8

Earlier quoted context omitted.

Do you ask for real or just troll? It is unfair because, because the domain costs 6€ if you’re the middleman and 300€ otherwise. I guess €3000 is not a super high entry barrier, but probably there is some red tape as well.

you see the value of a good, buy it and then resell it at a better price so you can make a profit. this is free market 101 as far as I'm concerned...

[deleted]

Re: The “.ro” Gold Rush (2018)

#18
post #5
post #3

It's "unfair" to pay auction rates? How?

It's a private entity that reaps the benefits of what is a public good presumably...

it's not private until it have an owner.

or are you normalizing the criminal behavior of godaddy where registrars can rush and buy the domain while you're doing the check out process just to sell back to you for more?

Re: The “.ro” Gold Rush (2018)

#20
post #8

Earlier quoted context omitted.

Do you ask for real or just troll? It is unfair because, because the domain costs 6€ if you’re the middleman and 300€ otherwise. I guess €3000 is not a super high entry barrier, but probably there is some red tape as well.

you see the value of a good, buy it and then resell it at a better price so you can make a profit. this is free market 101 as far as I'm concerned...

I can think of many times the "free market" causes unfair or immoral things, and I know you can as well, so why would you conflate the two with no other supporting argument?
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