Comments on: E-gold Exchange Agents Are Now Gouging Their Retail Clients

By: Benson

Benson — Tue, 18 Dec 2007 04:17:37 +0000

With $40.31, you can try looking for local exchangers or friends who’re willing to match your exchange Alton.

Most of the exchangers’ minimum rate is set at $100, and it makes perfect sense since bank transfers or wires would cost more than that.

By: Alton Rolley

Alton Rolley — Mon, 17 Dec 2007 20:48:57 +0000

I only have $40.31 in e-gold,but each day they’re charging me a fee,so it will all be gone soon for nothing!I’d like to get my money & stop messing with them!Can you help?

By: Jim Davidson

Jim Davidson — Mon, 09 Jul 2007 07:09:11 +0000

Actually, exchangers can no longer work with OmniPay. They don’t seem to have a bank account any longer. It is very tough when bad people in government unilaterally and unconstitutionally attack individuals and businesses. The number of these situations is huge, and the decades under which people have suffered from tyranny in the USA are many.

By: GoldBuyer

GoldBuyer — Thu, 21 Jun 2007 20:02:06 +0000

goldbuyer.uni.cc is still buying e-gold at 4% only.

By: Sylvain Falardeau

Sylvain Falardeau — Mon, 11 Jun 2007 13:21:49 +0000

The difference with pre-e-gold-DOJ-lawsuit is that exchangers now sell back their e-gold to Omnipay for OutExchange. Omnipay ask for 2% + wire fees. The pre-lawsuit outexchange lower fees were because exchangers kept high balance of e-gold so they can think selling it back to other clients. Now, it is risky to keep high balance and the current trend of gold (down) means that exchangers can loose between the time they accept new e-gold and sell it back to Omnipay. This is the reason we charge 5% instead of 1%.

You can see these “price gouging” is market oriented: exchangers react to risks and market conditions. If you think you can outexchange e-gold for 1% (or less) and are willing to take risks, you can do great profit because you will be lower than nearly all exchangers. Feel free to compete!

By: John Amendall

John Amendall — Mon, 11 Jun 2007 06:17:14 +0000

FreeMarketMoney.com is still accepting e-gold at reasonable rates.

By: GoldEconomy.biz » Blog Archive » Alertpay accepting e-gold again

GoldEconomy.biz » Blog Archive » Alertpay accepting e-gold again — Wed, 23 May 2007 10:44:14 +0000

[...] Alertpay has began accepting e-gold deposits again, despite the fact that many e-gold exchangers have stopped exchanging e-gold completely, or do so at very high rates. A blog post by DigitalMoneyWorld highlights some of the e-currency exchnagers and how they are charging for exchanging e-gold: “E-gold Exchange Agents Are Now Gouging Their Retail Clients“. [...]

By: Oluniyi David Ajao

Oluniyi David Ajao — Sun, 20 May 2007 23:21:01 +0000

This is sad. My fear about e-gold is that it might seize to be “legal tender” not because of the US authorities, but because people would refuse to accept it as money. 50% charge for selling e-gold is just too much.

This is obviously the biggest storm to have hit e-gold and I can only hope that e-gold survives the storm and comes out better.

By: tdinoz

tdinoz — Wed, 16 May 2007 08:32:53 +0000

hi Mark on top of this there is a lot of snakes around various forums trying to take advantage Spam emails are also doing the rounds offering outExch I read Uncle Sams blog yesterday and he has an example of one being sent out at the moment. Its near the end of the entry here.
http://www.autosurfhyip.net/autosurf/cleaning-up/