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    Highlights of the ICANNWatch Archive
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    This discussion has been archived. No new comments can be posted.
    Domain Names Once Again Fetch Top Dollar | Log in/Create an Account | Top | 46 comments | Search Discussion
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    Destroy Value of DNS = Lower Resale Prices
    by Anonymous on Monday December 29 2003, @02:53AM (#12787)
    From main post:
    "We need new generic Top-Level Domains to avoid the kind of domain name hoarding and astronomical prices"

    The only way to avoid "astronomical prices" is to destroy the utility of DNS.

    The recent valuation of the men.com domain flows from the value or utility of DNS to people in general. The domain name system remains at the forefront of the human interface to the interenet. Opening more generic TLDs may serve to avoid "astronomical prices", but such an impact will only flow from an overall destruction of the utility of DNS to people in general.

    1.3 million dollars price, for this domain, is not astronomical today, just as 15k was not an astronomical price many years ago. Also, it is obvious that Rick has/had some kind of legal claim or title to the men.com domain. IMHO, Calling Rick a Squatter seems to imply otherwise.

    Persons calling for new generic TLDs should do everyone a favor and stop. Somehow being sure to prevent someone from making a 'premium' is an unworthy motivating factor, in light of the desire to improve the DNS. We should concentrate on building up value in each INDIVIDUAL domain name registration, not tearing the value down. The wholesale fracture of existing identities on the internet should be avoided. There is plenty of room for the creation of new hostnames at this time, with no shortage in sight.

    The persons that invented DNS and COM, NET, ORG, GOV, EDU, country codes etc. had reasons for not creating millions of generic TLDs or a TLD a day. For one, doing so undermines the ability of people to clearly remember hosts (one from the other), the primary purpose of DNS.

    The system ( as a human interface ) is designed to generally populate downward, like a directory tree. Who would advocate placing a subfolder a day on the root c:\ of their own system?

    From a different post:

      "... there will be few who will continue to believe that domain names are a good investment"

    Lets hope that day never comes, especially for everyone who has even a single domain or even uses the internet for that matter.

    [ Reply to This | Parent ]
    Re:Destroy Value of DNS = Lower Resale Prices
    by dmehus on Monday December 29 2003, @08:29AM (#12788)
    User #3626 Info | http://doug.mehus.info/
    I'm not going to reply to every point in your post; however, notice I used "domain squatter"? People have said "cyber squatter" implies someone who buys domain names and hoards them that infringe on existing trademarks. So, I chose to use "domain squatter," which by my definition is someone who buys a domain name (usually many of them at a time), sits his or her fat ass on it, and does nothing with it except partner with an existing domain name search traffic site [domainsponsor.com] in the hopes of profiting from it before selling it to some poor soul at astronomical prices. I equate this practice, regardless if legal trademarks or otherwise are infringed, to selling a jalopy to some ignorant (as in the uninformed and gullible) bugger for several hundred thousand dollars when it's really only worth $750. It's ethically and morally wrong. Could you honestly do that? I know my conscience would not allow me to do it.

    All the best,
    Doug Mehus http://doug.mehus.info/ [mehus.info]
    [ Reply to This | Parent ]

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