Good for you. I laugh at people who cry "you don't create value!" So what. What you are doing, however, is recognizing value that others don't see which is a significantly more valuable skill.

Domain names are digital real estate. Sometime real estate is in the frozen tundra and not worth much. Sometimes it's in Vancouver or London or Hong Kong and worth a whole lot. Get you some.

Thanks! Don't get me wrong, I hate domain squatters. It's a hell to try and find a good domain for your own things. But at the end of the day, it is a good way to make money, and if I don't snap up the domains I register, someone else probably will for the same reason.

Lol at the downvotes. Don't ever change HN

What was your base investment that you made 300% profit on if you don't mind sharing?

~$500 so far invested, not that much but as previously mentioned, I'm still experimenting.

Shame to personalise it, don't you think?

He's just arbitraging. If "the system" leaves gaps across which you can trade for a 300% profit, then people will inevitably trade across those gaps and take the profit. Those people aren't bad people for doing that.

If there's something to hate here, it's the system. The domain market is a very peculiar market. ICANN is a very odd organisation.

Like many things in life: hedge funds, renters, land as an investment. At the same time I'm sure some domains expire just because they're not used anymore. Sometimes I find it useful some guy hoarded it to sell for a small fee because they saw its value. The domains might have been harder to buy from some smaller mom and pop that grounded all their links to that domain.

Imagine how many awesome businesses we could have, if not all of the computer.com insurance.com etc would be squatted.

We've banned this account for repeatedly breaking the site guidelines and ignoring our requests to stop. Regardless of how you feel about domain squatting, you can't abuse HN like this.

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