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Originally Posted by Sinstar
Some gay registrars like godaddy will "give" your domain to a domain squatting company who charges you a minimum of $700 for your domain back (no matter what it is... like thisismygaydomain.com). Godaddy gets a percentage of the sale of course... Not sure who else does this, but that exact thing happened to me.
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I've got a domain with GoDaddy that expired on March 4th and as of today, I can still renew it at regular price.