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re: Selling an unused domain for profit VIEW POST

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re: Domain flipping/squatting is very much like ticket scalping, it forces the price to go higher and for people to miss out because of timing, not bec...

Being able to report a domainname wouldn't work at all. Resellers would just put some arbitrary nonsense site up and claim it has a purpose, while also having huge "THIS DOMAIN IS FOR SALE" banners everywhere.

The pricecap is a good idea, though. If you ask me, the price should be capped to about 10 times the yearly cost and it should be illegal to make other payments for the domain beyond the official cap.

With your example of reporting not working - I would still see it work because a human on the other end would see said banners and use that itself as cause for termination. Even with that taken into account however, it does still have flaws because someone would still try to circumvent it any which way (eg. hide the banners depending on IP address, only post about the sale on the darknet etc).

With the price cap, yeah, I could get behind a price that is 10x of the yearly cost of a domain and it definitely should be illegal for "additional" payments. Probably if this was the approach to go, there should be official brokers (ones backed by the TLD registrar or ICANN themselves) which handle the transaction to prevent any funny business.

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