Medium.com: “Trading Domain Names Should Be Banned”

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In a blog post that appeared in Medium.com entitled  “Trading domain names should be banned ; Why? Because it hurts businesses and does not generate any value for anybody”

The post was written by who describes himself as a scientist, orthopedic, skier, sailor, biker, inventor, and photographer”

Apparently the author who started his own company had to do without the .com because he was unwilling to pay $5K to a “Domain Shark…A shady biznizman hiding behind a Cayman island tax number.”

Yeah I’m sure you will enjoy the read:

“I started a company called Surgeonfish. It develops and sells sportscare products. ”

“It owns the following domains .eu, .de, .hu .info .org .biz and with a dash surgeon-fish.com. :

“You noticed one omission? The dotcom is missing.”

At the time of founding the surgeonfish.com domain had a sort of search engine on it.

It did not interfere with us, so we did not care.

Then they went defunct and the domain got into the hands of some domain sharks.

The lowest offer I could type in in their online contact form was 3,000 USD, so I did so in order to get in touch.

This is the conclusion of the correspondence I had with them.

“Thanks very much for your update but unfortunately I need an offer of at LEAST $5000 USD to be able to represent the offer for consideration. Thus we cannot move forward now or in a couple of weeks at $3000 USD — Sorry! Let me know if your budget increases in the future!

Best
Maureen “

“As a startup on a shoestring budget we cannot afford buying it.”

“Hell, if we do so we need to increase prices and rob our customers in order to feed some shady biznizman hiding behind a Cayman island tax number.”

“This is a no-go.”

“Since we own every other meaningful surgeonfish domains and the original owner is now defunct, only a new company may buy it. No sensible founder would name his startup ‘surgeonfish’ if all the domains are in the hands of another small fish and the shark is not willing to release the dotcom.”

“A deadlock.”

“That is why trading domains should be banned.”

Wow
Well personally  I would like to own 1,000 shares of Google but shares are trading at almost $900 per share, which is a lot of money for one guy.
And they don’t take food stamps.
I think trading in Google should be banned and that house on the beach which is $15 million, well I can’t afford that either so I think selling houses on the Beach should be banned to.
After all only the domain holder, stock trader or real estate investor makes money in any of those scenarios and that clearly doesn’t benefit anyone.
Especially those “shady biznizman hiding behind a Cayman island tax number.”
Damn I wish I had a Cayman island tax number.

 

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

Comments

  1. DomainNameSales.co says

    Great article and great closing conclusion. I wish I had a tax number in the Cayman Islands too!

  4. Drew Rosener says

    “Man—every man—is an end in himself, not a means to the ends of others; he must live for his own sake, neither sacrificing himself to others nor sacrificing others to himself; he must work for his rational self-interest, with the achievement of his own happiness as the highest moral purpose of his life.” – Ayn Rand

  5. DaveZ says

    Well, at least that blog post (currently) isn’t an editor’s pick at Medium.com. That should be at the sidelines soon enough, if not later enough.

  6. shahram says

    “When you are dead, you don’t know you’re dead. It becomes difficult on others.

    It is the same when you are stupid. ”

    This guy obviously has no logic and clearly 5k for that domain is a steal. What baffles me is that these poor shmucks think they are the first ones to come up with these domain names and they are the only ones that make offers on them.

    Sometimes i want to smack them upside the head and tell them that if a savvy buyer didn’t have it up for sale. Someone else would have registered it and they would be without the opportunity of owning a name they would be interested in.

  9. Todd Bernhard says

    Meanwhile, this guy’s .eu, .info, .org and hyphenated variations lead nowhere. So who’s the real squatter? At least surgeonfish.com takes you to a page with related content. And if I wanted any of those domains, only the dot com has a method to get it.

  10. robsequin says

    Zsombor Lacza is an idiot.

    Sounds like a good communist too.

    He probably wants his neighbor’s vacant lot so he can put a swing set on it.

    Jerk.

  11. John Berryhill says

    The truly amazing thing to me is that from where I am sitting today in the office, it’s less than a one minute walk across West Bay Road to the beach where you can stand in the water and actually SEE surgeonfish and many other members of the family Acanthuridae.