2009/4/30 Boaz Rymland <b...@rymland.com>: > Well well. Its seems like we are not even breaking grounds here. The trick's > has been around for some time now. > > Thanks for the links. Informative indeed.
Around 2000, an investment banker, burned out from the market, started a company called "Golden Names" in Jerusalem. (Jerusalem of Gold, get it?) Golden Names was an investment bank as it were for domain names. They bought the rights to almost every domain name possible that they thought had commercial potential. Then they held on to them and sold them to the highest bidder. They have since gone under. The domain registrars often put holds on domain names their customers search for. That way they have a choice of getting a name they want after looking at the options. It also prevents people from hearing their idea and grabbing their domain name. This heavily favors people who are repeat customers of the larger registrars because the registrar can afford to put holds on names. Some of them do more than hold names, they actually buy them and then expect to sell them back at a large profit. Geoff. -- Geoffrey S. Mendelson N3OWJ/4X1GM Jerusalem, Israel _______________________________________________ Linux-il mailing list Linux-il@cs.huji.ac.il http://mailman.cs.huji.ac.il/mailman/listinfo/linux-il
