Coinciding with what you said, the problem is misrepresentation not the naming a coral. Naming a coral has no flaw in itself, it only depends how you use the name-to ID it properly or to fool others into thinking it as something else.
The topic about named corals being high in price boils down to the sellers' and buyers' acceptance.
If the buyers have no interest in buying in expensive corals, no matter how catchy the name is, the coral will still be sitting in your tank. If seller does not have the intention to sell the coral at high price, even a Jason Tyree ORA Wingo Single Horn Sinlge Eye Dark Vader Polyp can be sold at a penny. It simply a supply demand curve.
In stock market stocks don't need a catchy name to become the hottest seller of the day, all you need is the quote name. Speculators still know how many millions of dollars to pour in and the smaller investing(may be speculating)public will simply follow suit. You can even buy into the Dow Jones index without even caring what stocks actually are being bought. It's the right of the speculators to pour the money into a quote name. The stock rises, they make the money. The smaller investors now feel that the price of that particular stock is too high and not worth it. Cool, just don't buy it.
Back to coral, same when you cannot afford a coral (because you feel it's only the name that makes it the price it is in the market), then don't buy it. When the demand is low, the price will come down eventually. You have the right not to buy ANY coral because
CORAL IS NOT A NECESSITY like food or health care. There is no need to demand a coral at a price affordable to you and at the time you want it.
Coral is only an addiction, there is no right to demand an addiction to be cheap and available at the time you want it. I am sure 2 zillion people wants liquor to be sold at $1 per kettle and cigarette at 10 cents a pop and power to control others at $1. In this capitalistic world, the supply and demand dictates 99% of our livings and policies but
MOST OF US ENJOY THIS CAPITALISTIC WORLD.
Now, who wants to reverse the course of named corals being expensive by selling me a Jason Tyree ORA Wingo Single Horn Single Eye Dark Vader Polyp for half a penny?:party: Actually I would not mind you sell me a colony of no name pink birdsnest for $1 because I feel $10-$15 a frag is way too expensive.
Oh, when you start to feel some named corals being too expensive and yet you wanted it at a price you can afford, you have an addiction and coral keeping is no longer a hobby to you. By the time you start to demand the name to be taken away so the price can drop, your addiction is almost incurable because even at current rate of $15 a frag you will soon find that you don't have enough $15s to spend.
It really is an interesting issue. Im not paying a mint for an LE coral, period. Ill look at some of these crazy sites but thats it.
I like having names so I dont buy the same coral twice (even though its getting to the point that the same coral has 4 names).
What I think is even worse is the photoshopping of pictures or the misrepresentation of "names". People who say they have "xxxxxx" coral but that isnt what it actually is.
So I guess I dont really care if WT or Tyree wants to name a coral, im not going to pay that much for their stuff anyway, i have an issue with some other guy calling his coral the same thing just because it looks like it.