[derlord]

E-gold at the moment becomes a very interesting e-currency.
During the law suit, E-gold stated that they won't assign new accounts till there site/system does full-fill all requirements as made by the government.

This would mean, regarding to there own statements in there blogs;

- They have to 'know the user'.
- They need to get a license in each state of the US.
- They've to freeze the account in case of an criminal investigation (childporn, etc).

Basicly these requirements are what you might expect from a decent company/currency. I guess for each user, with legal intentions, it's very interesting in obtaining E-gold at the current rates.

E-gold announced that they expect to be ready with following these guidelines at the 12th of November.
With the new guidelines E-gold will become one of the first 'legal e-currencies', having all the papers needed to operate there business, beiing officialy and confirmed backed by gold, which will make the currency stable, since basicly what happend to E-gold can happen to any of the new currency's. Aswell it will be easier and most likely cheaper to get E-gold converted to cash with these things in mind..

Curious what you guys opinion about this is.. In my opinion investing in E-gold is big business at this time (specialy now the gold price is dropping, since after the olympics this will most likely raise..).

[justaman]

Originally Posted by derlord

E-gold at the moment becomes a very interesting e-currency.
During the law suit, E-gold stated that they won't assign new accounts till there site/system does full-fill all requirements as made by the government.

This would mean, regarding to there own statements in there blogs;

- They have to 'know the user'.
- They need to get a license in each state of the US.
- They've to freeze the account in case of an criminal investigation (childporn, etc).

Basicly these requirements are what you might expect from a decent company/currency. I guess for each user, with legal intentions, it's very interesting in obtaining E-gold at the current rates.

E-gold announced that they expect to be ready with following these guidelines at the 12th of November.
With the new guidelines E-gold will become one of the first 'legal e-currencies', having all the papers needed to operate there business, beiing officialy and confirmed backed by gold, which will make the currency stable, since basicly what happend to E-gold can happen to any of the new currency's. Aswell it will be easier and most likely cheaper to get E-gold converted to cash with these things in mind..

Curious what you guys opinion about this is.. In my opinion investing in E-gold is big business at this time (specialy now the gold price is dropping, since after the olympics this will most likely raise..).

You may try and tell us your result. As for me, e-gold is unstable, so price is dropping and today it`s good but tomorrow it could be bad. It`s very interesting idea to work with e-gold, but something say me that its just another trap or something like that.

[derlord]

Originally Posted by justaman

You may try and tell us your result. As for me, e-gold is unstable, so price is dropping and today it`s good but tomorrow it could be bad. It`s very interesting idea to work with e-gold, but something say me that its just another trap or something like that.

The only reason the price for E-gold is dropping is since of speculations by exchangers. The gold price is dropping which makes it cheaper to step in..

Since alot of people want to get rid of it this might be interesting for both sides. Did business today with http://directexchangers.com/de-feed.php worked out solid! Might be interesting for people with the same idea...

[nanaimogold]

I'll disagree with you about what is decent. Forcing citizens to get permission to legally dispose of their own property is not in line with what we think is decent governance. If the state can deem a certain action illegal, how can they grant permission to engage in that same activity? How can they argue that their permission is required to do something that is a basic human right?

Making winnings from gaming "proceeds of crime" is a long way away from decent, especially when you consider that the state runs the most crooked games. That is the same state that pays thugs to enforce the law that protects their turf from competition. That's just as indecent as organised crime using force to protect their turf from competitors. More indecent because they are pretending to be better than us while they do their stealing. At least the gangsters don't make such sickening pretence.

Curious what you guys opinion about this is.. In my opinion investing in E-gold is big business at this time (specialy now the gold price is dropping, since after the olympics this will most likely raise..).

I agree that buying e-gold today is a different enterprise than before it was crippled by the interference to bailing out. As designed, anyone with 400 oz could bail in or out. That allowed the demand to set the amount of currency in circulation. The interference broke that.

The only reason the price for E-gold is dropping is since of speculations by exchangers.

It's not some grand conspiracy. There is no collusion or fixing going on. It's still a free market and anyone can play their hand as they see fit.

Simply put; the reason that e-gold has lost value is because the pwned gov goons have prevented bailing out while at the same time they have attacked the operators with these largely specious charges and the host of dirty tricks they are pulling. Nervous people want out but the goons won't allow that. What use is being backed with gold that you can't reach?

Exchangers know that it might be a long time before they can bail out their gold and need their liquid capital to operate their businesses. Therefore, they do not want to buy e-gold. The offered prices reflect that.

It's not about exchangers gouging their customers. It's about exchangers not wanting to tie all their capital up in the problem that e-gold has become. Don't blame us. We would much rather have e-gold function properly than to have this messy and expensive problem.

... I guess for each user, with legal intentions, it's very interesting in obtaining E-gold at the current rates.

That is true, but offset with the real risk that the desperate goons will simply steal all the gold in the end. They are spending all the savings of the western world to fight Israel's battles. They are completely and totally corrupted and certainly not above outright theft to satisfy their oriental overlords.

So, the great gamble is how much should one buy into this discounted and frozen gold on the hopes that it will eventually be freed against the risk that it will be stolen by the same interlopers who stole our occidental democracy.

All the while they are calling hyip illegal and scam they are interfering with our God-given right to ownership of property. Who is the criminal? He who wants to gamble with his own property or these atheists who disregard our God given rights?

Don't blame exchangers for the problem. We don't want it.

(specialy now the gold price is dropping, since after the olympics this will most likely raise..).

Please explain why you think so. What do the Olympics have to do with the price? Do you subscribe to the GATA theories?

[VorloN]

Originally Posted by nanaimogold

What do the Olympics have to do with the price? Do you subscribe to the GATA theories?

I don't think it's Olympics. Oil plays a big role in gold price. If oil drops gold always follow.

[madXtremo]

Poor people how had money in e-gold...good thing i had only few bucks

[justaman]

Of course some people have interest to e-gold some don`t have. But, I think e-gold is unstable, and all this price dropping and other reasons why e-gold is down make me don`t use it. But I also think that there are some chance how to earn money with e-gold but the risks are very high.

[derlord]

Well regarding the olympics:

The current situation in China is, that the government is trying to present the country as clean and fresh, by avoiding having to much smog and simulair around the city, which means lowering the industry and so on.. Not a conspiracy theory, but based on real facts.

Regarding the oil price:

You'r right on there, after the dollar started to drop and the credit crisis started to '' appear '' allot people moved there investments to 'stable' markets like oil, gold, etc.. This 'blow-up' the market since alot money was put in there raising the price, which ofcourse at a certain time would drop.

Regarding E-gold:

I'm still sticking to the fact that as soon this currency becomes the first one fully legalised it will be the most stable one around. You'r right when you mention it's not democratic if they just close accounts for any reason, but with an open system you can atleast step to a lawyer instead of writing a letter to some postbox in say Panama...

Why else would a currency like AlterGold accept E-gold at a rate of 50%...
I'm not blaming anything on the exchangers I'm just thinking for them with a wallet E-gold is indeed a wise investment.

[equilec]

Hi! It's been awhile since I last touch HYIP but only restarted to be more active after what I found out from egold.

Yes, I do have money in egold, but I do think that it might be an opportunity. The only thing I am looking for is an indication as to whether egold will continue with it's commitment to comply with the law and regulations.

In their blog they did say that they will complete it by November 2008 which is the same month as the sentencing of all directors in egold. I hope that with this compliances, their sentencing would be more lenient.

Any hoooo.... I am thinking of slowly accumulating more egold slowly. Cum November if things starts to look rosy, I believe the exchange would give better rates for egold exchange.

Like stocks... I'm thinking speculating and taking the risk...

But before I decide, I thought I would just like to throw this out in the forum to see what you all think.

I mean, if there are still exchanges taking egold, I believe they too are hoping that egold will strive to comply with regulations which would make egold stable again no??

[VorloN]

That's right. If you decide to buy e-gold now in one year's time you can either make a lot of money or lose it all. No one can be certain, but I see it as a good opportunity if you are willing to take the risk.