Grabbing domains, not using them, and trying to sell them is pretty much blackmail. It's certainly not a nice way to behave IMHO.
The issue though is that domain names are pretty much free to register, but obviously have a far higher value to some people - a loophole that people exploit to make a quick buck.
The other funny disconnect is how little traffic some "premium" domains get.
>> "Greetings.com, but Ham grabs it anyway, for $350,000."
Quantcast says it gets 8,100 US visitors a month.
Whois Record
Registrant:
Hallmark Licensing Inc.
Hallmark Domain Administration
2440 Pershing Rd. MD 339
Kansas City, MO 64108not taking advantage of a system that was just too well meaning from the start to try and screw people out of a few million. how nice would it be if the domain hoarders werent around now.
"this is why we cant have nice things"
there is always a new opportunity - better to take part in them than to read about them in retrospect.