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Re: [ga] keeping expired domains by a registrar
Ted, I don't fault anyone for how they make money. As I said, I've made
money in the domain business. More than most in the nineties. it's why they
call me NameCritic. So I do not fault domainers for their business practice.
I know you are against domain tasting, so won't even go there and I hope you
know I realize your position on that. I believe we feel the same way on that
topic.
However, the hiring of a lot of people, even from a third world country to
manually register names they want would eliminate a lot of domain tasting,
etc. it would be much better for the average user if this was what they had
to do. Thanks for that suggestion.
Where you make the mistake in my opinion, is believing the Internet should
be based on capitalism. This is a US-Centric attitude and benefits those in
several developed nations. ICANN is supposed to represent ALL users
worldwide. Any policy that provides benefits based on ones ability to pay
more for something than someone else makes that a flawed policy for the
purposes ICANN was created for.
Chris McElroy aka NameCritic
http://www.articlecontentprovider.com
----- Original Message -----
From: "Prophet Partners Inc." <Domains@xxxxxxxxxxxxxxxxxxx>
To: <ga@xxxxxxxxxxxxxx>
Sent: Monday, April 09, 2007 12:41 PM
Subject: Re: [ga] keeping expired domains by a registrar
Hi Chris,
By human nature, everyone is out to promote their own best interest. We
neither deny that we operate a business to make money nor the right for
others to do the same. However, we emphasize that we believe in doing so
ethically and fairly, without participating in domain tasting or abusive
trademark registrations.
http://www.nic.us/policies/docs/aaa/Award_49_413_1_06.pdf
While it is certainly possible to prevent automatic scripts from
registering
domains, what makes you think that an ordinary registrant is going to have
a
chance against several thousand knowledgeable domainers trying to manually
register valuable domains that are being deleted on a daily basis? What's
to
stop a domainer from hiring 100 part time workers for an hour each day to
manually register valuable deleted domains to increase their chances of
success? Using Wall Street as an example, do you think that eliminating
automated program trading is going to actually benefit individual
investors?
In our reply to Joop yesterday, we pointed out that there are real-world
consequences of action/inaction. Registrants have months of notice to
renew
before expiration, in addition to extra time after expiration during the
grace period. Barring extraordinary circumstances such as the Registerfly
meltdown which involves alleged fraud, registrants should have to face the
consequences. If someone lost their job, had medical problems or got
divorced and couldn't pay their mortgage, what do you think the bank is
going to do?
The redistribution of expired domains is fair and equitable, as they go to
the person/entity willing to pay the most for them, at a particular point
in
time. In the capital markets, orders are given priority based on price and
secondly on time. This is the basis for capitalism and represents an
efficient marketplace. Given a point in time, if Person A wants to buy XYZ
stock at $10 and Person B wants to pay the fair market price of $100 for
XYZ, should XYZ shares be sold to Person A or Person B? The same situation
applies to expired domains. Why should Person A be given the opportunity
to
buy at $10 (with lower monetary risk) over Person B who is willing to pay
more money at $100 (with higher monetary risk) at that point in time? As
mentioned earlier, there is nothing to prevent an ordinary registrant from
buying or bidding on an expired domain, provided they are willing to pay
the
price. Note that this argument is in favor of the registrars, who would
pocket the money and not from us as the customer, who would be paying the
money.
Contrary to your belief, we neither have an interest in suppressing your
opinions nor that of anyone else. Although we greatly respect your
contribution to this list, we believe that your opinions on this matter
are
based on a socialist ideal and not rooted in economic reality. We have
presented valid points that address your concerns and would be interested
in
hearing your feedback as well as others on the GA list.
Sincerely,
Ted
Prophet Partners Inc.
http://www.ProphetPartners.com
http://www.Premium-Domain-Names.com
----- Original Message -----
From: "kidsearch" <kidsearch@xxxxxxxxxxxxx>
To: "Prophet Partners Inc." <Domains@xxxxxxxxxxxxxxxxxxx>;
<ga@xxxxxxxxxxxxxx>
Sent: Monday, April 09, 2007 9:05 AM
Subject: Re: [ga] keeping expired domains by a registrar
I expect everyone involved in making money on this to have the same
opinion
Ted.
Again, scripts can be written to register expired names and yes it has
been
around for years. As early as 1995. I was in the domain speculation
business
in 1995 and know about these scripts intimately. However, for every
script
that can be written to do this, one can be written to counter it. it
could
be made impossible to register the expired names by script. Registrars
have
not found it to be profitable to do so is the only reason it has not been
done.
Domainers are a large part of a registrars income so they tailor things
to
suit the largest customers they have. Normal business practice but still
not
what is best for the web overall in my honest opinion. You are of cours4e
welcome to disagree and if I was in the business still, I might have been
right there alongside you, who knows. Right now, as a member of a list,
who
is supposed to try to represent the most users, not those who own the
most
domain names, I believe the process has gone on long enough and that it's
time that the situation was corrected.
Not idealistic at all to try and represent the best interest of users
instead of my own interests Ted. I respect that you want your view
represented and wish all other views to be called optimistic in hopes
they
will be ignored. Everyone's view here is valid. That's the beauty of it.
Chris McElroy aka NameCritic
http://www.articlecontentprovider.com
----- Original Message -----
From: "Prophet Partners Inc." <Domains@xxxxxxxxxxxxxxxxxxx>
To: <ga@xxxxxxxxxxxxxx>
Sent: Sunday, April 08, 2007 10:51 AM
Subject: Re: [ga] keeping expired domains by a registrar
> Hi Chris,
>
> Your thoughts on this are idealistic, not realistic. The reality is
> that
> expiring domains are still available on a first-come first-serve basis.
> The
> domain auctions through registrars such as Network Solutions are open
> to
> the
> public and there is nothing to prevent anyone from participating,
provided
> they are willing to pay the price. Given that drop catching has been
> automated via scripts for several years already, what makes you think
that
> allowing domains to drop via the normal deletion cycle would offer any
> advantage to the normal registrant? If the registrars didn't auction
> the
> domains, then companies like SnapNames or Pool would, upon immediately
> registering the domain after Pending Delete.
>
> Expired domains are essentially abandoned property. If you fail to pay
the
> mortgage, your home gets foreclosed and is auctioned off to someone
else.
> In
> the real world, lotteries only exist for undeveloped public land, not
for
> formerly private property. IMO, the current environment for expiring
> domains
> represents a healthy and competitive market.
>
> Sincerely,
> Ted
> Prophet Partners Inc.
> http://www.ProphetPartners.com
> http://www.Premium-Domain-Names.com
>
>
> ----- Original Message -----
> From: "kidsearch" <kidsearch@xxxxxxxxxxxxx>
> To: "Nevett, Jonathon" <jnevett@xxxxxxxxxxxxxxxxxxxx>; "Gomes, Chuck"
> <cgomes@xxxxxxxxxxxx>; "Danny Younger" <dannyyounger@xxxxxxxxx>;
> "Bashar
> Al-Abdulhadi" <bashar@xxxxxxxxxxxxx>
> Cc: <ga@xxxxxxxxxxxxxx>
> Sent: Wednesday, April 04, 2007 12:29 PM
> Subject: Re: [ga] keeping expired domains by a registrar
>
>
>> I see the justification used here for auctioning names off after
> expiration,
>> but it defeats the first-come first-serve nature of domain names and
how
>> they should be distributed. If a domain name expires, it should go
>> back
> into
>> the pool so that anyone can register the name at normal registration
> prices
>> period. There really is no justification, other than greed by
registrars
> who
>> control these names for holding auctions, using them in parking
schemes,
> and
>> making deals with domainers to use them for profit they in turn share
>> with
>> the registrar.
>>
>> Justification comes easy when it's something that makes you money.
>> However
>> it denies users the right to register a name after it has dropped into
>> the
>> pool.
>>
>> Chris McElroy aka NameCritic
>> http://www.articlecontentprovider.com
>
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