In my previous observation, I placed emphasis on ownership and how it can be forfeited if not annually renewed or hosted.
What I want to address now is the probability factor.
What are the chances that shortly after not being renewed that someone would meet all three requirements for a transaction:
a) identify my domain name as a want.
b) check that my domain name is available for registration.
c) being able to register a previously owned domain.
I can understand that these 3 conditions could be met once off. Maybe one domain is sought after, with high demand.
To get 5 or more transactions, the probability is very low.
I however have lost more than 5 domain names.
Domain names that were registered in my name.
Yes, I stopped paying annual fees and that does in theory entitle others to register it. Others who are able to register domain names of previously owned sites.
I am not an other. I have yet to work out how to register a domain without using a domain register service.
Direct dealings with registrars is what I need to apply myself with.
Before I draw my conclusion, I also acknowledge the need to stop “cyber squatting”.
Domain owners that have no intent to set up the domain. Rather hold ownership in hope that an offer is made.
I therefore acknowledge that there is a justified need to stop inactivity.
However, at this stage of a developing trade, there are injustices taking place.
My conclusion is that discontinued domain payments are being listed (either internally or possibly publicly) to those in the industry. Insider trade perhaps.
I have lost some cool opportunities.
I am grateful that we live in a world of endless opportunities though and that I have lined up a long list of development projects.
Based on the probability of losing domain ownership so quickly, the world of domain registration is like living in the wild west.
