What are the problems with using E-Gold / Gold Money instead of Paypal etc...?

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  • nike
    Confirmed User
    • Oct 2002
    • 189
    #1

    What are the problems with using E-Gold / Gold Money instead of Paypal etc...?

    http://www.e-gold.com

    http://goldmoney.com

    Anybody using these? E-gold seems to have been around for awhile, could they be an effective way of charging for adult business services - seeing as Paypal could suspend your account at any time.
    Tags: None
    • Project-Shadow
      Confirmed User
      • Feb 2003
      • 7340
      #2
      Bump.. I personally think this is an awful way to transfer money.. too dodgy

        Comment

        • candidpublishinginc
          Confirmed User
          • Feb 2001
          • 707
          #3
          Originally posted by Project-Shadow
          Bump.. I personally think this is an awful way to transfer money.. too dodgy

          How is e-gold dodgy? It's been around for a while.
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            • <IMX>
              Confirmed User
              • Jun 2002
              • 2728
              #4
              It is hard as fuck to load your account.
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                • chowda
                  Confirmed User
                  • Jun 2003
                  • 9527
                  #5
                  its anonymous.. which is a double edge sword.
                  Someone finds you...
                  2007

                  PS: Nationalnet is the best host I've ever had. And i tried alot of them.

                    Comment

                    • nike
                      Confirmed User
                      • Oct 2002
                      • 189
                      #6
                      Is this more dodgy than say, Stormpay (no offense to those involved)?

                      Why is it hard to load the account?

                      Anonymity is fine with me, as long as I can track the movement of transactions IE. who sent me what and when.

                        Comment

                        • Imageauction
                          Confirmed User
                          • Dec 2002
                          • 355
                          #7
                          We both accept e-gold.com for payment and payout our sellers using e-gold.com It great for international accounts. I highly recommend it. If we had any demand we would use goldmoney also.


                          Jason
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                            • Penn E. Less
                              Confirmed User
                              • Oct 2002
                              • 367
                              #8
                              Since your money is in precious metals, you're at risk to the fluctuations in the metals market. An example, gold closed down about 4 points today I believe (over $4) so you would have lost $4 if you had $365 in your account (the spot price of gold).

                              Got it?

                              It's comparable to owning a stock instead of owning money because the value rises and falls based on the market.




                              Penn
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                                • servforce
                                  Registered User
                                  • Mar 2003
                                  • 85
                                  #9
                                  I like it, its been around for a while, and frankly I trust the gold market a lot more than I do paypal.

                                  I know some people starting up an even better gold-based payment system, just wait
                                  SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

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                                    • Sneak8r
                                      Registered User
                                      • Jul 2003
                                      • 32
                                      #10
                                      I have an e-gold account with about 7k in it... Never had a problem, I work with an exchange when I want to withdraw or add money.

                                      Usually get money wired to account within 72 hours after send the request to my exchange....

                                      Not a bad deal.. Lose a few bucks on the buy/sell but it is safe imho...
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