21–30 of 73 posts
Per Henry George we should tax this kind of speculation and rent seeking, by taxing things like land and internet domains. We could use the money to reduce our national debt, or pay for things like healthcare and education.
From a negotiation perspective, it seems the domain owner has set an upper limit to how much they could make from the domain.
Otherwise, the tactic of listing houses for less than the desired selling price in the name of attracting attention and relying on bidding wars to drive the price higher would never work.
Unlike domain squatters he's actually using this domain actively, with an update this year. This is a charming and fun bit of the early internet that's still maintained and has a silly anti-sales pitch for the domain name to try to stem the flood of emails, not a greedy speculator sitting on a good property to maybe earn a profit.
Fun fact. I approached a domain squatter for my name as a domain name (obviously not going to provide it) ending in a .com. I asked out of curiosity what they wanted. They were talking on the order of hundreds of thousands of dollars. Mind you, my name isn't... uncommon, but it's not common either, and this was a firstlast.com variety. I looked through the web archive and could see the domain had literally not ever h…
It is the exact same situation with beer.com Their presentation is a little better though.
Those were the days.
It is the exact same situation with beer.com Their presentation is a little better though.
There are a lot of people commenting assuming that this guy actually wants to sell the domain for $10 million some day. I don't read this that way at all— it sounds to me like he's very content owning the domain but has set a really high number for which he'd realistically be unable to say no and publicized that number to try to get people to stop contacting him. Unlike domain squatters he's actually using this domai…
Relax, enjoy it for what it is. I chuckled.
Basically the domain becomes part of the estate, but its super easy for it just to expire and be claimed by either a legit company or more likely a professional squatter. It'll then go on the market for a "fair" price (which I guess is Or, knowing the value, the executor / heirs bother to renew the domain and seek a buyer. Which again My heirs would have no idea what domains I own, how to renew them, or if they're worth any money. (Hint - they're worth nothing.) But if you own a domain that does have value, you might want to make an information pack about it and stash that with your important "when I die" papers.
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