I was just poking around looking at some domains today, and checked in on the .com version of this site. I know it’s been squatted on for some time, and I’m always shocked at how much money they’re asking for it. Who else is going to want that domain but me, and who do they really expect is going to pay $7088 for it? That’s crazy.
Is there no way we can fairly determine who is squatting on a domain and make them stop? There’s this whole (I’ll call it) black market of people selling domains that they’re not going to use for anything except to extort money from people who could put them to good use. Apart from BuyDomains.com, there’s that awful site Sedo.com, that encourages regular people to do the same thing. It’s horrible. I have a very low opinion of people that make money this way.