21–30 of 68 posts
It's "unfair" to pay auction rates? How?
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.
Earlier quoted context omitted.
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?
If I knew I could register 100 interesting domains, I would totally be willing to pay that price.
It's "unfair" to pay auction rates? How?
Economically, this is called rent-seeking behaviour. While perfectly legal, this feels unfair because the middleman adds no value whatsoever.
And I think a key point here is that some form of this was inevitable. Even if they didn't set up the privileged API, you'd still have a glut of speculation, because that's what happens when you sell off a high value commodity below market. The only question is who is in a position to take advantage, and it doesn't seem from the article like resellers manipulated themselves into that position, so much as found themselves there by default.
> 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.
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...