Quoted from gamestencils:
Maybe i'm in a distinct minority here, but it just seems very low rent to intentionally take a competitor's name in this way and then pretend like it's just business. Perhaps it's not illegal or anything but ethically it's really just not the right thing to do. Inferring that pinballled's (a pretty much generic term) is anywhere close to the same thing as a more custom business name like cointaker is really, really reaching.
So, to clarify, I'm not comparing the uniqueness of cointaker to pinballled. I have had customers, from shows, attempt to go to pinballleds.com and then find our contact details through a friend or from papers they had from that specific show. Probably out of confusion I'm guessing since we don't advertise that domain name as we don't own. Saw Cointaker had it, so we bought cointaker.net with the intent to do a trade down the road. If someone was specifically typing in cointaker.com but accidentally did .net and saw it went to Pinballbulbs.com I really doubt that would sway them from buying from Cointaker since they already knew the CT name and typed it in directly.
Either, this is a fairly common thing to do. Unethical? Not at all. Unethical would be is if CT contacted us to buy it and we wanted like 5k for it and bought it knowing they would want it. Not the case. Looking to leverage it for a domain name. We don't park domain names that are purchased, period. Always going to put those to work since it takes 1min to set a redirect.
For example, my dad's old coworker way back when owned hoover.com since it was his last name. Eventually hoover vaccums bothered him enough that he sold it...for 400k He got way over his purchase price, but still not something bought and squatted on.
If CT really wants cointaker.net then i think a 1to1 trade is pretty fair, and we'll cover the fees, albeit like $15 ish. If they don't want the trade then no biggie either, right? I mean, they are welcome to do as they please and we just made a small financial mistake by thinking it would get us pinballleds.com. They are also welcome to redirect pinballleds.com to ct.com if they wanted to cover even more of the online led bases. No objections here