Comment by al_borland

This is the worst part. You’d think with a dramatic increase in supply that we’d see prices fall to almost nothing. Domains are priced as if anyone buying them is planning to start a billion dollar business, and the URL is instrumental in its success.

This discourages me from wanting to buy domains for a hobby project, or even for my own email. This whole industry seems like a big scam. Domain squatters don’t help the situation.