Nope but that might be your only option :/
Cyber Squatting
- Thread starter Booner!
- Start date
Nope but that might be your only option :/
Soldato
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- 27 Mar 2004
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- Between Realities
I dunno, My Mate bought a PS2 domain on the Playstation launch. It was a good 5 years before he was approached for the domain name, and he made a nice packet.
A name like webmart is always going to get interest. Its short, simple, and its obvious. So if someone see's its available, It'd be snapped up and kept as an investment.
He may have bought legitimately in the 90's, no longer provides web services, and held onto the domain for profit. He is squatting. Note the difference between now and ten years ago? Absolutely none.
In which country is this registered? In the Uk only or worldwide?
It is though, our company has a profit sharing scheme which all profits are shared back into the employees. That £50,000 could be my bonus, so I am very keen on helping the business!
heh when i bought Fireskull.co.uk about 4 years ago (nothing on the site atm) when i came to renew i saw that fireskull.com had been bought, but a little more reaserch theres nothing on fireskull.com they have just bought it to sell lol ********.
http://www.fabulousdomains.com/?for...vail&formdata[dbsid]=juu9w80zleh803tacpeagwck
http://www.fabulous.com/
http://www.fabulousdomains.com/?for...vail&formdata[dbsid]=juu9w80zleh803tacpeagwck
http://www.fabulous.com/
What if he still uses the domain for email and just doesnt use the site as many have already suggested?
Soldato
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- 26 Aug 2004
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And what do you want it for? To make money.
then £50,000 is not worth it. Cheeky little **** if that is the case!
True but the point being is I dont see how you can prove that he is not using the site anymore. He could say something like "I receive 1 email a year" on it and this would still class as him using it.
Good point.
Soldato
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- 2 Jun 2004
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Good on him tbh. I know If I could make money like this I certainly wouldn't say no.
Register a £10 domain and turn it into £50k inside 20 years. Smart move.
Register a £10 domain and turn it into £50k inside 20 years. Smart move.
He's entitled to do what he likes with his Website.
This is called "capitalism". Welcome to the free market.
I don't see how. His domain name existed before your company did. If the reverse was true, you might have a case. But it clearly isn't.
Suck it up and pay him.
Associate
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- 15 Dec 2005
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- 2,403
If you wanted to locate your business to a shop that was boarded up and the landlord wanted £50k to sell you the shop, would you pay it or accuse him of squatting and try to force him to give it to you for less than it's worth*?
Same principle IMO.
*Worth of course being what someone is prepared to pay for it, not the cost of the bricks and mortar.
Same principle IMO.
*Worth of course being what someone is prepared to pay for it, not the cost of the bricks and mortar.
then £50,000 is not worth it. Cheeky little **** if that is the case!
1. How do you know it is not worth it? He may run his business through that domain.
2. Who is cheekier? Him for merely owning a website and not rolling over for the first little company that happens along, or you for trying to force his hand?
Don't think we are prepared to pay for it!
But it's not really capitalism....fair enough if they were a small printing firm and we bought it over etc etc... but he isn't making money out of it (quite obviously) and is just trying to rip us off... which means he will get nothing for it. There is profit, then there is greed.
But it's not really capitalism....fair enough if they were a small printing firm and we bought it over etc etc... but he isn't making money out of it (quite obviously) and is just trying to rip us off... which means he will get nothing for it. There is profit, then there is greed.
1.) he may, but I highly doubt that he would make the same amount of money that we are prepared to pay for simply the website name.
2.) It's not cheeky, it's business. I guess that is the game he is playing too, but shooting himself in the foot.
Then that is your choice. It is worth what someone will pay for it. If his price doesn't meet yours then he keeps it and you don't get it. If you're desperate for it you'll raise your offer, if he's desperate to sell it he'll come down. Thats how it works.
It is capitalism. That is how our economy works.
I don't see how he is trying to rip you off. Either buy it at the stated price or don't. If you pay over the odds it is your fault, not anyone else's.
Yet you don't know that.
That is right, I'm glad you rescind your earlier post. You're still being cheeky though, even if he is not.