I guess this is a cautionary tale.
I was recently having issues with my Gmail account that’s tied to my Epik ( a domain registrar ) account, so when I was supposed to renew my domain, I didn’t receive any e-mails about it. When I decided to randomly check on my website, it seemed to be down. So I checked Epik and a domain that usually cost £15 a year to renew now cost £400 to renew as it was expired.
As a teenager who does not have £400 to spend on a domain, I decided to just wait until the domain fully expired and buy it for a cheaper price.
After some time, the domain fully expired and GoDaddy decided to buy it as soon as it did, and charged me £2,225 to renew the domain. I don’t understand how a price that large is justified, considering that my website gets barely any visitors and I basically only use the domain for hosting stuff. No idea how hiking prices this much is legal
I have my dream domain. It was being squatted for a similar amount. I offered £100 and it was declined, I offered £250 and they replied to tell me the domain is easily worth the £2K, well sort after etc. I told them that this is my surname, and I’m not a corporation with unlimited funds and they can take the offer or leave it. 15 minutes later the offer was accepted. I was so happy. Still am chuffed about it.