Hi,
A domain I want for a Bitcoin related project is being squatted by
http://www.hugedomains.com for around 2000$. Is it possible to fight them and acquire it for a reasonable price, or should I just buy the equivalent .NET domain.
Contact them and try negotiate a better price. Usually they will sell for way less than the advertised price. Or you could try find another domain. If I was you I'd go for a .io domain as there are lots of good options available and people usually mix up .com/net/org, .io is easier to remember I find.