ATS has been training for the propaganda mill

originally posted by: SchrodingersRat

originally posted by: FlyersFan

originally posted by: Annee
Or they can sell the domain name.

I don't know if they can.
I think they let it lapse and then the site (Go Daddy?) sells the name again.
I don't think the ATS owners can just sell the name on their own.
If I understand correctly .. they are more like renting the name than owning it.
IF I understand ... and I may not. I don't get it at all.

They absolutely can sell it. It happens all the time. They currently own it and can do with it what they wish.

Back in the gold rush days of the early web, people were registering tons of names that related to large companies in the hopes that they could sell those domain names to those companies at a later date.

A lot of people made an awful lot of money doing it too. Eventually ICANN cracked down on the domain squatters and it became a headache to try and continue using that business model.

But domains are still bought and sold every day.

This is correct.

Now the domain squatters are the registrars like GoDaddy and Namecheap.

You're not buying a domain name, you're renting for the year.

a reply to: FlyersFan

Fingers crossed then..
Happy days :-)

originally posted by: ashisnotanidiot

originally posted by: SchrodingersRat

originally posted by: FlyersFan

originally posted by: Annee
Or they can sell the domain name.

I don't know if they can.
I think they let it lapse and then the site (Go Daddy?) sells the name again.
I don't think the ATS owners can just sell the name on their own.
If I understand correctly .. they are more like renting the name than owning it.
IF I understand ... and I may not. I don't get it at all.

They absolutely can sell it. It happens all the time. They currently own it and can do with it what they wish.

Back in the gold rush days of the early web, people were registering tons of names that related to large companies in the hopes that they could sell those domain names to those companies at a later date.

A lot of people made an awful lot of money doing it too. Eventually ICANN cracked down on the domain squatters and it became a headache to try and continue using that business model.

But domains are still bought and sold every day.

This is correct.

Now the domain squatters are the registrars like GoDaddy and Namecheap.

You're not buying a domain name, you're renting for the year.

True.

Good point.

But it is their house for the year, to stretch the analogy.