A person who buys domains on the internet and squats on them, thinking they're going to be approached by a billionaire venture capitalist who wants to buy the domain for their next big project and will drop $$$$$$$$$ making the domainer rich. In reality the domainer will never sell their junk domains, will continue to live in their mother's basement, and be a burden to the web based startup community, the internet, and entire world in general.
Domain Auction Headline: "Iphone5g-news.com - starting bid $1,000 USD or buy it now for $10,000,000, this is a billion dollar business opportunity!!! I have been a domainer for over 1 years and we sell other top quality domain names. Please contact us for more domains!"
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