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

nike · 08-21-2003, 03:58 AM

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.

Project-Shadow · 08-21-2003, 07:09 AM

Bump.. I personally think this is an awful way to transfer money.. too dodgy

candidpublishinginc · 08-21-2003, 07:36 AM

Quote:

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.

<IMX> · 08-21-2003, 07:36 AM

It is hard as fuck to load your account.

chowda · 08-21-2003, 07:41 AM

its anonymous.. which is a double edge sword.

nike · 08-21-2003, 08:09 AM

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.

Imageauction · 08-21-2003, 01:57 PM

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

Penn E. Less · 08-21-2003, 02:01 PM

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

servforce · 08-21-2003, 03:10 PM

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

Sneak8r · 08-21-2003, 03:45 PM

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...

08-21-2003, 03:58 AM	#1
nike Confirmed User Join Date: Oct 2002 Location: London Posts: 189	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.

08-21-2003, 07:36 AM	#4
<IMX> Confirmed User Join Date: Jun 2002 Posts: 2,728	It is hard as fuck to load your account. __________________ $$$ Check out NICHE PAY the leader of Micro Niche Sites! They offer $1 Trials! $$$ $$$ Check out 10 FREE TRIAL SALES equals 1 FREE LAP TOP ! $$$

08-21-2003, 07:41 AM	#5
chowda Confirmed User Join Date: Jun 2003 Location: Gooch city Posts: 9,527	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.

08-21-2003, 01:57 PM	#7
Imageauction Confirmed User Join Date: Dec 2002 Location: Tampa Posts: 355	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 __________________ 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.

08-21-2003, 02:01 PM	#8
Penn E. Less Confirmed User Join Date: Oct 2002 Posts: 367	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 __________________ <br><a href="http://marketing.ucumseeme.com/dat.shtml"><img src="http://marketing.UCumSeeMe.com/images/ucsmm2_120x60.jpg"></a><br> Click the button above!<br> ICQ# 169177761

08-21-2003, 07:09 AM	#2
Project-Shadow Confirmed User Industry Role: Join Date: Feb 2003 Posts: 7,340	Bump.. I personally think this is an awful way to transfer money.. too dodgy

08-21-2003, 08:09 AM	#6
nike Confirmed User Join Date: Oct 2002 Location: London Posts: 189	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.

08-21-2003, 03:10 PM	#9
servforce Registered User Join Date: Mar 2003 Location: San Francisco Bay Area Posts: 85	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.

08-21-2003, 03:45 PM	#10
Sneak8r Registered User Join Date: Jul 2003 Posts: 32	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... __________________ - Path to rebuilding post count -