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The dictionary registration tricks and the registering expiring domains is a bit of a trick done mostly be the registrars themselves. They have a certain amount of time to say "oops", which is long enough for them to make a domain active and see if it has any natural traffic. If there is no traffic, you drop it in the "oops" time and it costs nothing. But in the mean time, you got a peek inside to see if there was anything there.
Worse. the can actually turn around and re-register it minutes later, and get another "oops" on the same domain.
It's called "domain kiting", and for a while was a very common practice.
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