What should I do witht his domain?
 

I just picked up a dropped domain. It has 320,000 backlinks from about 150 ips.

The domain was previously a tube and the the majority of the links are for "free porn tube".

I don't own a tube and I don't want to get my main site penalised. What is the safest and best way to deal with this domain?

url ....?

I don't think you really need the url. It's a pretty shitty domain.
Is it a good idea to just 301 direct it somewhere?

need the url to make an informed decision.

Generally you would have an idea of what ya are going to do with something before ya buy it unless you were high/drunk or bought it from a chick with big tits. :2 cents:

301 it to us ;)

Well I have bought a few before. I always think it's a good idea and then I scratch my head wondering whether to create a mini site (ie another tube) or 301 redirect or what.

I don't even know if it gets traffic at this stage. Maybe a bit but I don't suppose it's much. I was thinking more for seo.

Jesus that's a gold mine, good luck!

I would check way back, find the niche if any and do a one page affiliate sales pitch to a good converting site.

If the backlinks look legit, 301 to the new tube you're going to build.
If the backlinks look like spam, 301 (from a different IP) to one of your competitors.

Sell it to me, I have tube script :)

landing page with links, domain parking service, or create a video site on top of it.