[e-gold-list] Re: comglomerated gold

2003-11-30 Thread Khurram Khan

I remember me suggesting almost this same idea about a year and a half
ago...

http://www.mail-archive.com/[EMAIL PROTECTED]/msg09415.html

Check out the archives.. it might help the current discussion.
   Khurram Khan

   


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[e-gold-list] Re: Income tax

2003-10-14 Thread Khurram Khan
There is usually a lot of bashing of taxes on this list but no one is
able to suggest a viable alternative.

It is silly to argue that government is NOT a necessary to evil because
we need some services to be public.  Let's take roads for example.  If
it is not done through the government, usually, people will not build
roads because everybody will be waiting for someone else to build it.
And once some people do get together to build a road, they will try to
limit access to that road to only people that paid for its construction.
This would causes hundreds of toll booths to go up, and encourage
construction of inefficient detours.  Contrary to what has been said,
road construction would not be more efficient in the free-market
because of the lack of Central planning among other things.

Lastly, Taxation is not theft for a few reasons.  If you're living in a
democracy, then you have the ability to change the current rules.  The
fact is that the majority of people (through their elected officials)
decided that taxes were necessary.  The majority of people continue to
recognize the need for taxes because of the lack of popular support to
change the system.  Next, no one is forcing people to live in the US,
Europe, or any other country.  These countries are like one large deed
restricted community, if you don't like the regulations, you can choose
to live somewhere else. 

The value of public services that I have received exceeds the amount
that I have paid in taxes.  I know I'm about to get a swarm of emails
saying You are F***ing wrong but oh-well.

Khurram Khan



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[e-gold-list] Re: Economic lunacy

2003-10-06 Thread Khurram Khan

 Hmmm. 450 to 1453 AD is not exactly known as a time of
 great progress.
 It is better known as the dark middle ages.

Dark ages in Europe, but a lot of scientific and social advancements
were made in the Muslim world during this period.

Khurram Khan



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[e-gold-list] New Service - Need testers

2003-10-02 Thread Khurram Khan
Hello,
  I'm developing a service that produces a Thumbnail of a webpage.
This service is currently being used on www.dhund.com.  If you run a
directory or search engine and want to help me test, please email me.
   Khurram Khan
   


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[e-gold-list] Re: Danny's 130$

2003-09-16 Thread Khurram Khan
Hello,

A PC program's no good to anyone, no one in a web 
development context ever means, like, a home PC or a mac or a 
programmable HP calculator ...

Actually in this context a program that runs off of a webserver is
completely inefficient.  If you were trying to crack somebody's e-gold
account automatically, you would probably have a program that runs off
your PC... because you don't know how much time it will take.  For
example.. if you wanted to perform a single e-gold spend at a time, you
could do it through a web interface.. but if you had a batch of a 1000
spends to do, you would do those through a PC program.

I have no idea if your heuristic works, worked, or if any one else 
got it working, saw it, or anything else but I've no reason to doubt 
you if you say it works on your PC -- so if you want me to I'm very 
happy to pay your $100 Danny, since you WON - but you have to tell me 
your e-gold number!

On this note, I can say that I did download the program that Danny
Created and it did work quite well.

By the way Danny, if you have and images of the old e-gold turing
numbers saved, I'll be happy to wrap it with a php script so it can run
through the web.  You would have to make it a command line program
instead, that takes the Image url in as an argument and simply prints
out the ascii numbers.

I wonder if Jay can provide us with a few of the old e-gold turing
numbers.

Khurram Khan



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[e-gold-list] Re: Transferring Money to Africa

2003-08-14 Thread Khurram Khan

People continue to forget that e-gold or any electro based system
cannot thrive in an environment where the internet infrastructure is
week.  You cannot give e-gold to somebody who does not have the ability
to use it.  Creating a gold based monetary system in a place like Africa
(I'm assuming we are not talking about South Africa) you need two
things.

1.  You cannot take people who have problems with their countries paper
currency and expect them to switch to an electro system.  That is
like taking a person who has been riding a bike all his life and putting
him behind the throttle of a Harrier Jet.  Therefore, you must circulate
actual hard gold currency.  This needs to happen first because people
need to once again get used to using gold as money.

2.   You have to wait for the commuations and education
infrastructures to evolve to the point that people have regular access
to computers and they know how to use them.  Then you would be able to
get them to slowly switch to the electro system.

Even in the US, Europe, Korea, and Japan where the internet is readily
available we don't see gold based electro currencies taking off
because the public is not used to using Gold as money.  What we are
actually doing is getting people to make two switches.  One to use
electro currency, and second, to use gold currency.  The public may
be willing to do one of these at a time, but not both.  The first of
these is becoming easier to tackle as more and more people pay their
bills online, use debit cards, and send wires through online banking.
But the second is more difficult.  Gold has not been circulated in 100s
of years, people are just not used to it.  And people do not want to try
new things unless there is some superb benefit.  Currently, those
benefits are just not there.

Africa however may find it easier to use gold as money because of its
Muslim heritage.  Most of the larger economies in Africa are Muslim
countries.  The recent news coming out of Malaysia seems promising to
people that want to see gold circulate.

  Khurram Khan
  



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[e-gold-list] Re: R: Stealing Trademarked Words

2003-08-04 Thread Khurram Khan

 You completely ignored that my primary argument is based on the
 fact e-gold is descriptive.

That's because e-gold is descriptive of  exactly ONE company,
the one that trademarked both e-gold and egold long ago. If this
counts as ignoring your argument, so be it, but your argument
flunks the laugh-test IMO!!!

I have to disagree with you Jim, The e-anything and eAnything style
names are more and more becomming generalized terms to describe anything
about the Anything subject that is online.  This is like Hormel
suing people, because they refer to junk email as SPAM.

Also, it seems that the term egold has been trademarked by Resource
Holdings, LLC.  Is that a GSR affiliated company?
(http://tess2.uspto.gov/bin/showfield?f=docstate=5naie7.5.1)

Khurram Khan




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[e-gold-list] Re: arbitrage

2003-07-31 Thread Khurram Khan

Don't get me wrong, but if you had kept the shares wouldn't your profit
have
been 0.60g? If you buy a share, collect the dividend each month and
resell,
wouldn't you end up with less grams of profit than if you just keep the
share?

I think a little thing called Opportunity Loss is acting here.  The
0.10g of gold is probably worth what else ISL could be doing with 100
grams for a month.

Khurram Khan




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[e-gold-list] ProxyStore now accepts NetPay

2003-07-03 Thread Khurram Khan
Ladies and Gentlemen,
  Proxy Store is pleased to announce that it now accepts NetPay for
payments.  Even more reason to shop.

http://www.proxystore.com
http://www.proxystore.com
http://www.proxystore.com
http://www.proxystore.com
http://www.proxystore.com



Khurram Khan




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[e-gold-list] Re: Accessing E-Gold using WAP

2003-03-15 Thread Khurram Khan
Jim,

 I may not be understanding you correctly here, but you
 can definitely get a balance with a phone on any phone-
 enabled account, if you have the passphrase.
 JMR

I think the answer here is yes and no.  As far as I am aware, you can do
various e-gold things like get a balance, make a spend if you are using
an HDML device.  Since WAP does not have inherent security (you need to
go through a gateway to get SSL) sometimes it will work... and sometimes
it will not.

Khurram Khan




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[e-gold-list] Re: BananaGold not working?

2003-03-12 Thread Khurram Khan
Not to worry Graham,
  We (Xivix.net) will be coming out with a solutions soon that will allow
you to shop at several online as well as brick and mortal stores using your
gold.  Stay tuned.
Khurram Khan



 Just when I wanted to buy something at Amazon...
 
 I find BananaGold.com is not operational! Waaah!
 
 :(
 
 GK




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[e-gold-list] DGC Bill Pay

2003-02-23 Thread Khurram Khan
Probably the best eCurrency bill pay system out there...  Check out the
screen shot below:

http://www.majestiq.net/pbgshot.gif

Where else can you pay all of your bills with just a few clicks of your
mouse?  Don't need to keep typing in your payee info over and over agian
every month, no need to do seperate spends for each payee.  Check out
http://www.paybygold.com.

  Khurram Khan




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[e-gold-list] Re: twelve ideas (8 for T)

2003-02-17 Thread Khurram Khan

 12. Khurram Khan complains of trademark assignments from GSR
 to e-gold, Ltd.  I think, Khurram, that just because GSR
 registered the trademarks, they are not necessarily the
 current owners.  Trademarks are property, and if they have
 assigned those trademarks, or sold them, to e-gold, Ltd.,
 that is well within their authority.

Yes Trademarks are property, just like the house you live in and the office
you work in.  Like buildings, trademarks have an official registry.  The
name on this registry is the actual entity that owns such property.  If
these trademarks have been sold to e-gold, Ltd.  Then the official registry
should reflect these changes.  Since, the governing body of said trademarks
seems to think that GSR owns them, then GSR does own them.  After all,
would you buy your house in my name?

My point is that the e-gold website was doing fine before they added that
line to the bottom on the site.  There is already sufficient confusion about
the one in the same-ness of e-gold, Ltd. and GSR and this only helps to
further that confusion.

I consider it a risk to my gold that the e-gold name is actually owned by
a second company.  Even more than that, I consider it a risk that the access
to my gold is actually controlled my a second company that I would rather
not have anything to do with.

Khurram Khan




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[e-gold-list] Re: trades marks

2003-02-17 Thread Khurram Khan
 ask what I would do if the US government
was overthrown.  I think the odds are a lot better of GSR failing then the
government being overthrown.  And I'm trying to figure out what I will do
when that happens.

 But, I don't see how your complaint is much more
 than mere whimsy from the point of view of Doug
 Jackson, Reid Jackson, Barry Downey, or Jim Ray.
 I don't think those guys are especially confused
 about what a government registration is or means.
 If they take such registration paperwork a bit
 less seriously than do you, that might be to their
 credit.

They might not be confused but maybe lazy.  The e-gold system will be better
trusted when they start providing proof for what they put on the website.
This trademark issue is just one of the things that are hurting their
trustability right now because the statement on the site is just blatantly
false.  Not to mention the non-existent audits of the numbers provided on
the examiner.

Khurram Khan




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[e-gold-list] trademarks

2003-02-13 Thread Khurram Khan
Just noticed the following line on the e-gold website:

e-gold, e-silver, e-metal, Better Money, AUG, AGG, PTG, PDG, CyberMetal,
The Real Gold Card, Real Platinum are trademarks of e-gold Ltd.

A quick search on reveals that those trademarks don't belong to e-gold Ltd.
But GSR instead.
http://tess2.uspto.gov/bin/showfield?f=docstate=fa4067.2.1

Come on Doug and Reid.  Whats the point to putting false information on the
website?  Didn't you guys put a lot of effort into trying to distinguish
GSR from e-gold?  Makes you wonder what else on there is false?

Khurram Khan





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[e-gold-list] Outexchanges

2003-01-25 Thread Khurram Khan
Does any Exchange Providers on this list perform outexchange by sending out
a check from either Bank of America, SunTrust, or Wachovia?  If so, please
contact me.
[EMAIL PROTECTED]
Khurram Khan





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[e-gold-list] Re: Pecunix website, (and an announcement)

2002-10-04 Thread Khurram Khan

Hello,


 What we are talking about here is that Pecunix actually has 3 different
levels
 of access. The Full access level allows the account holder to make
adjustments
 to account settings, contact details etc. The Limited access level
(recommended

-- Quote Rule Breaker

 for daily use) only allows payments to be made up to a pre-determined
daily
 limit and access to the account history statements. The daily limit is set
under
 full access. Finally there is a read only access level, that allows access
only
 to the account history. This is ideal where businesses need to give access
to
 the account history for bookkeepers etc, who should not have access to
funds.

This is an excelent idea if I must say so myself.  Very often I've run into
a problem where I need to hire people to do customer service and need to
give them access to payment histories, but can't really let them spend the
money thats in that account.
Khurram Khan


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[e-gold-list] anybody got some EVOcash

2002-09-06 Thread Khurram Khan

hello,
  If anybody on this list has about $10 worth of Evocash and is willing to
trade for e-gold... please email me.
   Khurram Khan


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[e-gold-list] FRN vs USN

2002-09-03 Thread Khurram Khan

Hello,
   Anybody know the difference between the two $2 bills pictured below?
One says Federal Reserve Note on it.. and the other says United States
Note.  The back looks different also.

http://www.majestiq.net/front.jpg
http://www.majestiq.net/back.jpg

   Khurram Khan


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[e-gold-list] Re: PayPalecurrency exchangers?

2002-08-01 Thread Khurram Khan



 Guys,
 
 Is there any PayPalecureency exchangers out there?
 

I hope not!

   Khurram Khan


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[e-gold-list] e-bullion for e-gold trade

2002-07-31 Thread Khurram Khan

Hello,
  I need about a gram of e-bullion for some testing.  I'm willing to trade
from e-gold.  If you want to trade, please contact me.
   [EMAIL PROTECTED]
   Khurram Khan



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[e-gold-list] Re: OSGold market ?!

2002-07-02 Thread Khurram Khan

JP,
  Don't you accept OsGold on Banana?  What kind of ratio does that use?
   Khurram Khan



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[e-gold-list] Re: Pd question/contest

2002-06-18 Thread Khurram Khan

Hey Jim,

 I am interested because I know it's very rare, yet Pd
 is currently priced at only a bit over Au (also rare,
 but there's a lot more gold around). I have no idea
 why their prices do as they do, but seeing numbers on
 the relative rarity of emetals might be fun. Thanks.
 JMR

In my opinion, the effects of the rarity of a substance on its price is a
secondary issue.  Price is foremost controlled by whether or not people want
it.  After all do you really want something only because its rare?
 Khurram Khan



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[e-gold-list] Re: spare gold

2002-06-05 Thread Khurram Khan

Hello,

 Since the trust owns the gold bars for the benefit of the account holders,
 it means that your e-gold account is roughly 102% backed by gold.  No one
 other than the trust owns the extra gold.


But where did the extra gold come from.  You can't just create it out of
mid-air.  Somebody would have to have bailed in a bar and not gotten its
full worth in e-gold back.  That could be the only explanation.  Otherwise,
if omnipay bails in a bar of gold that weight 398.76 ounces, they should get
that much exactly in e-gold.  Unless e-gold charges a fee to bail-in gold.
There should be exactly the same amount of gold in reserve as in
circulation.

One other explanation is that since the bars are 99.99 percent pure, and
e-gold is 100 percent pure, there should be 00.01% more gold in reserve then
in circulation.  However, the gold is reserves is more than this also.  Is
somebody donating gold to the trust?

I wonder how the assets and liabilities section accounts for accounts with
negative balances.
Say there were three accounts in the system, one with 1.05 gram, the second
with 5.43 grams and the third with -2.32 grams.  What is the sum of these?
Those negative 2.32 should also be counted in circulation for a total of 8.8
grams instead of the arithmatic sum of 4.16 grams.

 As Jim pointed out, Omnipay has an e-gold account, but e-gold probably
 doesn't have an e-gold account.  Omnipay's e-gold would be included in the
 figure for all the e-gold on the books.

I have no doubt that e-gold also has an e-gold account.  Thats where spend
and storage fees would go.  And e-gold would pay GSR for maintence of the
system through that account.

Therefore the extra gold is
 analagous to coins that contain slightly more gold than the face value.

I disagree, that coins have extra gold by accident.  e-gold is easily
divisible and should not have those discrepencies.


Khurram Khan



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[e-gold-list] Scratch off game

2001-12-23 Thread Khurram Khan

Hey guys,
  I'm currently working on a little Scratch off lotto game.  Would appreciate if some 
people helped me test it out.  You will need the java plug-in in your browser.

  Each ticket cost 0.25 USD, and the odds of winning are 4 in 10.  I would also 
appreciate some feedback on actual odds of winning scratch offs.

  The URL is http://www.majestiq.net/scratch/
 Khurram Khan

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[e-gold-list] Re: HYIP's

2001-12-21 Thread Khurram Khan


--- Ken Griffith [EMAIL PROTECTED] wrote:
It looks like the HYIP's have a real potential to hurt the acceptance of
digital gold currencies.  Everytime one of these scams gets busted that uses
a dgc it gives the whole industry a black eye.


Technically that would be what you would expect, but as far as I can see, the ponzi, 
HYIP activity has only helped the acceptence of DGCs.  There is a strong corolation 
between a new scheme starting up and a surge of e-gold accounts being created.

By the way, is there technical difference between a Ponzi scheme, a pyramid
scheme and an HYIP?  I understand pyramids to work where, you give me a
dollar and I'll help you convince ten people to give you a dollar.  The
system doesn't implode on itself.


Pyramids are not all bad.  Even e-gold is a small one.  Say you buy a book from me for 
$40, and I say that I'll give you $5 for every person you refer to me.  Thats a 
pyramid, even though it may be legitamite, MLM usually gets a bad name.

A lot of people that are involved with these things actually want to be part of it.  
They understand the risks, and play accordingly.  If you're going to shut down all of 
these, you might as well shut down all casinos that accept DGCs.  After all, doesn't 
the house always win.

And at the end of the day, is there a such thing as bad publicity?
   Khurram Khan


2 cents worth?
http://two-cents-worth.com/?135153

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[e-gold-list] Re: trivia question cont.Re: How Penny Per Page Might Work

2001-11-26 Thread Khurram Khan


Trivia question for (at least) a gram! What's the name of the VERY FIRST
currency that was based wholly on e-gold, and (this is the hint...) where is
it used? First correct answer gets a gram of e-gold!


Hmm... lets go with the internal currency of The Gold Casino?
   Khurram Khan

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[e-gold-list] Re: [dgc.chat] great comment on patents

2001-11-09 Thread Khurram Khan



Great!  Does anyone happen to have this business plan?

It seems to have become something of a cause celebre whether or not 
e-gold/gsr ever filed for any type of patent!


The thing is that any e-based system is so easy to figure out, there is no real need 
for an offical business plan.  Anybody with half a brain and some programming 
experience can figure out how e-gold/GSR make they're money and program a functional 
duplicate of e-gold, or any other eCurrency, in about a month.

I'm guessing thats why GoldMoney got the patent, because the system is so easy to 
duplicate that without patent protection, it might not be worth doing.

If e-gold is trying to patent something, Good for them!  But it seems ironic that 
first we have a discussion about GM's supposed frivolus patents, and not e-gold is 
trying to patent the same thing?

Perhaps, they are trying to patent some of their trade secrets, if they have any.  But 
again, like I said above, secrets don't exist in the e-world, anybody with half a 
brain can figure out entire business plans of almost any eBusiness.

   Khurram Khan



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[e-gold-list] Re: E-Gold's Mini-Run

2001-10-09 Thread Khurram Khan

--- SnowDog [EMAIL PROTECTED]
 wrote:
I think I finally figured out why E-gold has been losing bars while the
other GBC have been growing rapidly since the attack. About one half of
E-Gold's gold, is in Dubai! How safe will that gold be in the coming months,
if the Arab nations become united against the US?


Seriously speaking, the odds of this happening are close to Nil.  Sometimes I wonder 
if people are getting completely different news headlines like 2 billion muslims take 
arms in quest for world domination or Osama Bin Laden deploys 90,000 troops through 
out the Middle East and North Africa.

There is a very simple reason why there has been sale of gold bars.  The sept 11 
attacks pushed the price of gold up.  So the people who had e-gold, including OmniPay 
and other MMs, and really didn't have a need for holding on to the Gold, probably 
decided to sell it to make a small profit.

  Khurram Khan

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[e-gold-list] Re: E-Gold's Mini-Run

2001-10-09 Thread Khurram Khan



What/where is Dubai? I am lost on this one. I do believe that there is a 
REAL possibility that the Arab nations will become hostile. 

Dubai is in the United Arab Emirites (UAE) where part of e-gold's storage of gold is 
located.  Yes there is a possibility of some arab nations becoming hostile like Iran, 
Syria, and the already hostile Iraq. However, some arab countries have, UAE and Saudi 
Arabia included, have not been known to be hostile to the US.  They may publicly 
disagree with the US government but have never gone to the extent of freezing all 
assets of all US individuals and companies.  Therefore I do not think that the e-gold 
Gold is at any more risk now then it was before.

I have every reason to think that many Arab nations will quickly break off 
from the coalition with time, especially when Bush puts it so strongly and 
from such an ego-based statement, You're either with us or you're with the 
terrorists.  That scares me.

I have no doubt that the coalition will fall apart in the future because the US will 
probably want to attack Iraq.  That would count out Russia, China, and France.  If 
e-gold had storage in France, I don't think that the gold would be at any more risk 
that it was before.  Even though UAE is in the middle east, its people are different 
from some of the other nations because they are richer.  Poverty usually creats the 
perfect recruitment enviornment for any extreme right or left notions.


I don't know your belief system Khurram, but mine is based on cause and 
effect... what you reap you sow, what goes around comes around.  

So is mine, but I also like to look at the history of the situation.  I must also add 
that I was speaking only for the additional risk that may be attached to the gold 
storage in Dubai because of recent events.

I hope we can do something about terrorism and create peace.  Violence is 
not the answer to violence.  I don't know where you live, but this is scary 
because you just don't know what will be next.  I guess that's why they 
call it terrorism.  :-)

I live in US, the incredibally hot state of Florida.  and I think I know atleast as 
much as any other american because we get bombarded by it 24/7.  Plus my Pakistani 
background adds to the perspective.
Khurram Khan

Have a good day... and PEACE!

Victoria

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[e-gold-list] Re: against rationalism

2001-09-14 Thread Khurram Khan


As much as I would like to respond to your utterly ignorant and uneducated comment.  I 
will be the bigger man and stop in favor of Jim's blood pressure.


Glencannon Group Ltd. [EMAIL PROTECTED] wrote:
 
White people were not DANCING IN THE STREETS CELEBRATING


btw... look it up
and I would just like to say that if you want to illiminate all muslims from the face 
of the earth (this was what you implied in you disagreement with todd a couple of 
posts ago) there are 2 billion of us. One of three people is a muslim, just think of 
what kind of effect that would have on your economy.
   Khurram Khan

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[e-gold-list] Re: against rationalism

2001-09-13 Thread Khurram Khan


At 04:43 PM 9/12/01, [EMAIL PROTECTED] 
Essentially half the world missed out on the Enlightenment


Death to all tribailists -- save us the nuisance by slaughtering them now.


Oh JP... I wonder if you said the same thing when the building in Oklahoma city was 
bombed, I wonder if you said Death to all white people?  I wonder if you said the same 
thing the day a country killed millions of civilians in one day, think hiroshima and 
nagasaki.

I understand that there may be emotions and tempers flaring at this time, but please 
think before you speak.

People of Isreal consider themselves a tribe, and so do the omish people, death to 
them also?

   Khurram Khan

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[e-gold-list] Re: Another Special Offer- 2 left

2001-08-10 Thread Khurram Khan



--- Khurram Khan [EMAIL PROTECTED]
 wrote:
The first three people to reply to me personally about this email will receive the 
xSpender software from xivix(www.xivix.net) at half cost.


  One has already been claimed, mere seconds after the offer was announced.  Only two 
left ladies and gentlemen.
   Khurram

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[e-gold-list] Another Special Offer

2001-08-09 Thread Khurram Khan

The first three people to reply to me personally about this email will receive the 
xSpender software from xivix(www.xivix.net) at half cost.

xSpender is java software that allows for users to make batch e-gold payments.  (Rapid 
Spending)

It allows import of a spreadsheet file as well as exporting of data when spending is 
completed.

The normal price of xSpender is 10 grams.  For this promotion, the price will be 
reducted to 5grams.  Mere pennies to pay for the amount of work that is reduced by 
this program.
   Khurram Khan
   [EMAIL PROTECTED]

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[e-gold-list] Golden Arcade

2001-08-08 Thread Khurram Khan

After being unavailable for a month or so, the Golden Arcade is back.  It now has more 
games available and is adding more weekly.  Until further notice, all games are 
availble to play absolutely _FREE_ of charge.



If you would like to advertise on the site, please contect me at [EMAIL PROTECTED]



Check out the Arcade at http://www.goldenarcade.com



Khurram Khan

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[e-gold-list] Re: more on the HYIP mystery

2001-08-06 Thread Khurram Khan



And what about the 1000 spends over 100 bucks?



I would say that a large number of these spends, maybe a couple hundred, are spends 
being made, to and from the exchange providers.



Back in the day, when I was exchanging gold, I would do about 50 a day, I'm assuming 
that OmniPay did more then me, and there were a few others that may have done the same 
amount if not more.

Khurram

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[e-gold-list] Re: Trivia Question

2001-08-06 Thread Khurram Khan

I'll have to throw my vote in for one of the radio-active uranium isotopes.



http://www.webelements.com/webelements/elements/text/U/key.html



Because of its uses in Power and weapons, it would be a usefull commodity.

   Khurram

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[e-gold-list] Re: (very) rapidly increasing professionalism of GBC universe

2001-07-21 Thread Khurram Khan


 
 Look at the professionalism of graphic design of
 
 http://www.goldbankone.com/article.php?sid=123mode=nestedorder=0
 
 and
 
 http://www.gaithmans.com
 
 This is the sort of professionalism that we are now coming to see in
 the GBC and ERE universe.  Fantastic!
 

Lets not forget http://www.xivix.net and http://www.exchangeprovider.net.

Yes, the eCTA website is now online.  Go ahead and check it out at
http://www.exchangeprovider.net.  And yes JP, you are getting free
advertising for now. :-)
Khurram Khan

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[e-gold-list] Re: A Slice of Cake

2001-07-19 Thread Khurram Khan





Extrapolating from the current numbers of 10879 spends in the last 24

hours,

we know the maximum spend fee on each of those spends is 50 cents. So that

is $5400 per day.

Half of that, or $2700, directly goes to E-gold account holders via the

incentive program www.e-gold.com/unsecure/incentive.htm. 



Actually, its a fourth that goes to account holders via the incentive system.

   Khurram

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[e-gold-list] Re: 3.3 mil velocity

2001-07-18 Thread Khurram Khan





--- [EMAIL PROTECTED]

 wrote:

Wow - 3.36 million $/day velocity at the moment.



Quite an accomplishment.. How much of that do you think is from the Market Makers 
buying and selling gold?



I think it would be nice to have some stats on what sector of the economy has what 
percentage of the velocity.  Not easy to do, but anyone have any ideas?

   Khurram Khan

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[e-gold-list] Re: Questions?.....

2001-07-17 Thread Khurram Khan



Why do some otherwise ostensibly intelligent GBC  dealers trade in

highly suspect crap like OSgold? 



  They obviously don't share your taste.





Why does everyone and their uncle, including otherwise ostensibly

intelligent GBC dealers, continually use this list to promote almost

everything in the universe but e-gold?



  This list is full of people who like the idea of Gold as Money and that is what 
they will talk about.  Just a few months ago, when e-gold was on the only one, people 
talked about e-gold, but that is no longer the case.  There are not various GBCs and 
people will advertise the ones they like, and point out the downfalls in the others.

  Also, IMO, its hard to promote something that doesn't promote itself.  People on 
this list have spent 4 years promoting e-gold, what more can we say.  e-gold is 
non-repudiable, instant payments, instant clearing, low fees, hard money, 100% 
backed... woo-hoo... gooo e-gold but guess what, so is GoldMoney, eBullion, and 
Standard Reserve.

  If you look at the various GBCs, you'll notice that e-gold has pretty much been left 
behind in the industry they started.  GoldMoney allows batchpayments, semi-bearer 
payments, bailing in of metal, and advertising.  It seems like GoldMoney has been the 
one listening to people on the e-gold list.  Standard Reserve has a debit card 
attached to their accounts, and so does eBullion.

  I personally have promoted the hell out of e-gold.  I have started business that 
relly on it, wrote software to facilitate its payments, wrote software to facilitate 
its exchange.  But its has become harder and harder to promote it when IMO 80% of its 
circulation goes towards something that I would rather not know about (scams, HYIP, 
etc..)

 Just my 2 cents,

   Khurram Khan

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[e-gold-list] Re: E-Gold New Story 7/10/01

2001-07-11 Thread Khurram Khan

First of allf all, please don't take my comments personally.



My bottom line was that IMO e-gold is more of a peer-to-peer currency then a 
peer-to-merchant currency.



 Furthermore, it would be a tax nightmare.  



That's why we invented computers. That's why businesses hire accountants

and/or purchase tax software such as Quicken. Running a business is

already a tax nightmare in and of itself.



Business can hire accounts but in most cases, can not write the tax code.  They have 
to accout for one fees in grams instead of USD or whatever.  They also have to account 
for every exchange because of buying and selling of a capital assets.  They also have 
to account for catipal gains.  Aside from that, they have to deal with a currency that 
is already linked by some government agencies to money laundering and so forth.





 If standard reserve can somehow link SR-AUG directly to the card and not the

 CARD USD that it is now, they have a big chance.



They probably can't. SR-USD  SR-AUG are two separate and distinct

currencies just like e-gold and e-silver are. SR-USD are not backed by

gold. It just like the fact that I can't spend into your e-platinum

account with my e-silver.



it could happen if you could do a metal-to-metal exchange.  If Standard Reserve 
automatically did a metal to metal when someone wants to withdraw USD from a SR-AUG 
account, its possible.  Standard Reserve can do this because they didn't split up 
their company like GSR/e-gold.

Khurram



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[e-gold-list] Rapid Spends

2001-07-07 Thread Khurram Khan

Ladies and Gents,

  I have released version 1.0 of the xSpender program.  xSpender allows you to import 
a batch payments sheet and have all the spends confirmed with the click of a button.  
It also allows you to export the results in the form of a spreadsheet.  The full 
registered version of the software is 10grams.  You can demo the program which would 
allow you to perform a maximum of 5 spends.  The registered version has no maximums.  
You can find out more by going to http://www.xivix.net

Khurram Khan

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[e-gold-list] Re: DEFENSE FUND

2001-06-28 Thread Khurram Khan

Would one of the e-gold employees on this list (Reid, Jim, Jay, Doug) please make the 
balance of account number 334574 public viewable.

   Thank you,

 Khurram Khan

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[e-gold-list] Re: DEFENSE FUND

2001-06-28 Thread Khurram Khan



Khurram, seems like you should know about that policy since you worked

there for a while.





nope.. sorry I didn't know.. They only had me doing customer service.



Khurram Khan

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[e-gold-list] RE: Is this evidence ?

2001-06-14 Thread Khurram Khan



  | Like I said, you have to open an attachment or voluntarily run

  an executable

  | in order to get a trojan. No one can just push one onto your

  machine. So

 



I don't know who said this, but its true.  A Trojan is an application and has to be 
downloaded onto your computer and then run.  It can not magically appear on a computer.



To those people that have had trojans appear on their computers, please check your 
windows sharing.  If you have something shared, check the privilages.  More often 
then not, people will have their C drive shared with full privilages.  All it takes 
from there is for someone to type in your ip address, and put something into your 
startup directory.  Next time you restart your computer, the trojan is activiated.



On a somewhat different note, my guess is that most of the people that have had their 
accounts Hacked have entered their passphrase into another site, not because of a 
trojan.

 

Khurram Khan

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[e-gold-list] Re: Security Certificates

2001-06-06 Thread Khurram Khan

 My question is: how easy is it for someone who can gain access to the

 users computer (either physically or through a trojan) to COPY a

 security certificate and install it on another browser?  Does anyone

 know?



Therefore, the likelyhood of a trojan being

able to steal the cert from the browser is very remote, if even possible

at all.





Here's the thing.  I use to work for a company about two years ago where I was asked 
to move a certificate from one computer to another.  The certificates are password 
protected and the person owning the certificate had logged in not to long ago.  Once 
they enter the password to use the certificate, they are capable of using it 
continiously until they logout.



So I went ahead and exported the certificate from Netscape, saved it on disk, and 
imported it into MSIE on another computer.  Now this may be just an IE thing, but the 
certificate never asked for a password again.  Which allowed anybody to use it.



The Moral of the story is, if you suspect somebody is going to rob you, don't let then 
use your computer first.  As far as viruses are concerned, I'm not sure if there are 
command line arguments for browsers to export certificates.  Remember, certificates 
still need a password to work.  So just make sure its a good one.

   Khurram Khan

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[e-gold-list] Re: Even More Gold

2001-06-04 Thread Khurram Khan

Viking Wrote:



Anybody know when the eCurrency Association is going to go live?





The website for the eCurrency Trade Association will be capable of going live in about 
a week or so.  The website will quickly become a portal for anybody buying and selling 
gold.  However, prior to that, those interested in advertising on the website please 
contact me at [EMAIL PROTECTED]  We will be instituting trial period from the 
time we go live to two weeks after.  This should allow advertisers to preview before 
they purchase impressions.

Khurram Khan



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[e-gold-list] Re: frederick

2001-05-23 Thread Khurram Khan



Fredrick, keyboard sniffers DEFEAT ALL SECURITY that is keyboard 

based.  Including PGP.



Completely, utterly, you're fucked.





What about a second password that you didn't type in.. but instead had to select the 
letters from drop down menus.

   Khurram Khan

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[e-gold-list] Re: capped accounts

2001-05-16 Thread Khurram Khan



Also, in paragraph one above, why didn't e-gold/Omni just go with the 

if the password fits, tough tittie model?



What went wrong?



Please fill us in Viking!





Well.. I'm not viking... but I'll still answer this.



e-gold did go with the if the password fits rule and completed the spend as stated 
in their user agreement.



However, when the gold reached omnipay, it was their decision as to what to do with 
that.  At the time the CostaGold website stated something to the affect of Our 
account has been hacked... and our funds have been stolen



The OmniPay user agreement allows them to not fill an order if they don't want to and 
return the gold.  However because of the above stated, they put it into escrow.



The OmniPay website does not allow an OutExchange of over 1 million but instead asks 
for the user to call as far as I know.  It is suspicious that Costa did 10 
outexchanges instead of calling OmniPay.  It is also suspicious that Costa has not 
provided proper documents to claim the gold as of yet.  You'd think that a million USD 
worth would be some motivation.

Khurram Khan

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[e-gold-list] Re: Goldchanger and Holidays

2001-05-10 Thread Khurram Khan

--- Terry Adams [EMAIL PROTECTED]

 wrote:

Hello,



As strange as it might sound, yes, there's a Secret Service involved.



During last couple of weeks Goldchanger and E-Gold have been contacted by

Secret Service and required to reveal information about a number accounts.

This is supposedly due to the investigation by Secret Service.

==



Do you care to comment on where you obtained this information?



===

Non believers may want to contact agent Lambert for explanation, you'll

see that this story is very much true.





I would recommend not to contact the agent involved here.  If he IS investigating 
something then thousands of calls from people who THINK they might have been affected 
by something they don't know about will definitely slow down the investigation.





It appears that E-Gold and market makers recently became a target for

Secret Service. 

=



Again, what you state here is pure hearsay.  Speaking as a market maker, I have not 
been the target of the SS or any other agency.  I have been the target of a couple of 
scammers and my guess is that the SS is investigating some wrong-doers instead of 
the SS.



=

This is the one very good reason why true offshore

companies like Goldmoney or OSgold are gaining more and more parts of this

market. E-Gold was supposed to be privacy (not anonymity tho') but from

the point they started to cooperate with Secret Service this is no longer

true. Being offshore company with physical presence and computer equipment

in United States means basicaly nothing.

=



Some people mistake anonymity, privacy, and Offshore-ness as a ticket to do 
something wrong and get away with it.  I have been one of the most stern critics of 
e-gold and some of the things they do,  However, when it comes to helping somebody 
catch a bad-guy, no matter what they do, they have to objection from me.



For those who think that all government agencies are bad and soliciting the help of 
law enforement when something wrong has occured will only help another evil, I don't 
know what to say to you.  It just baffels me.




Just my two cents however,

   Khurram Khan

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[e-gold-list] Re: Swiss Gold

2001-04-28 Thread Khurram Khan





--- Viking Coder [EMAIL PROTECTED]

 wrote:

 How much do you know about JPM?? 



He is a great guy who established the first automated e-gold proxy shop.





  I think maybe he meant JP Morgan, but I'm not sure.

   Khurram Khan

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[e-gold-list] Re: Swiss Gold

2001-04-26 Thread Khurram Khan



 major bosco wrote

 NO -- you can only do that with Goldmoney.   Bailing in gold is prohibited

 with e-gold.

 



Where do you come off saying that? Have you tried? Has anybody tried? 

Again... I don't mean asking the wrong people the wrong questions. 



To my knowledge, GoldFinger Coin has attempted this, however they were told that they 
could not bail in gold.

   Khurram Khan

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[e-gold-list] Re: Swiss Gold

2001-04-26 Thread Khurram Khan



 major bosco wrote

 NO -- you can only do that with Goldmoney.   Bailing in gold is prohibited

 with e-gold.

 



Where do you come off saying that? Have you tried? Has anybody tried? 

Again... I don't mean asking the wrong people the wrong questions. 



To my knowledge, GoldFinger Coin has attempted this, however they were told that they 
could not bail in gold.

   Khurram Khan

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[e-gold-list] The Stats Mystery!

2001-04-25 Thread Khurram Khan

Just a little snapshot of the e-gold stats.



Velocity in 24h: 163,810 grams of gold.

# of spends in 24h: 5659



Thank would make the average spend somewhere very close to 29 grams.



At best, only 9435 acounts have that much gold.  That considering that the entire 
range of people who fall between 10g and 100g have more then 29g in their account.  My 
best guess is that somewhere around 6000 accounts would have atleast that in their 
account.



Is there something wierd here or what?  Seems like either one of a few things.



1.  The money flows directly fromthe poor to the rich. (not implying that if you have 
a few centigrams in your account that you are poor).



2.  Few people with less then 29g in their accounts make spends.



3.  There is a large number of very large spends.



   Go Figure

  Khurram Khan

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[e-gold-list] Re: Question re: Metal Savings

2001-04-25 Thread Khurram Khan

Hey guys,

  I just used he Metal Savings site a few hours ago.  https://www.siderea.kz/ms2.  
Make sure you're putting that https instead of http... 

   Khurram Khan

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[e-gold-list] Re: e-gold

2001-04-18 Thread Khurram Khan

Jim, I'm starting to think that Eric is right about that decaf.





Saying something is true (even over-and-over) does not make

it so. The governance model insulates e-gold Ltd. from _ANY_

risk associated with activities of GSR, like it or not. Still "0."

JMR



Exactly, and saying that "0" over and over doesn't make it true either.



Natuarally, e-gold Ltd. will always do whats in the best interest of GSR, because of 
the shared board of directors.  And that in itself is risk.

Khurram Khan

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[e-gold-list] Re: e-gold

2001-04-17 Thread Khurram Khan

 Claude Wrote

Onthe contrary, James my feeling is that e-gold LTD is very much 

plain an simple, as it is a recent entity created many years after 

GSR. The later is more complex because, in the beginning it 

created e-gold and probably owned in in totality or partially. The 

fact that GSR operates the e-gold system and also is a market 

maker makes it even more complicated.



I must agree with Claude here.  The e-gold governance model may be good but it is not 
the best.  It fails to hold e-gold Ltd. out of risk.  GSR is the opperator of the 
e-gold system, and also its sole bailee (entity that can bail in gold).  That being 
said, we know that GSR is in a competitive market with competition in both the 
wholesale and retail markets.  If GSR was to fail(out of business, bankrupt, etc..) 
then the e-gold system fails.  No other entity would be able to bail in gold so there 
would be a fixed amount of e-gold in the system, and not only that, no one would be 
able to access their accounts which would make their "e" version of gold Worthless.

   Khurram Khan



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[e-gold-list] Pay By Gold Public Notice

2001-04-01 Thread Khurram Khan

Ladies and Gentlemen,

  For those that have not tried it yet, Pay By Gold allows you to pay your bills 
anywhere in world.  Its the easiest, and cheaper way to send a check to your creditors 
or yourself.

  In the coming weeks, you will have the ability to send a wire or check anywhere in 
the world in more then 15 National Currencies.  This would make Pay By Gold the 
furthest reaching Bill Payment system in the world.

  However, to accomplish these feats PayByGold will be closed for the next two weeks.  
We will be using this time to correctly set up our corporate structure, establish 
proper bank accounts and install version 3.0 of our software.

  We would like to thank our 700+ users for helping us succeed.

   Khurram Khan

   Pay By Gold

   A Division of Majestiq Enterprises

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[e-gold-list] Re: html posters

2001-03-31 Thread Khurram Khan





--- [EMAIL PROTECTED]

 wrote:

This is NOT a multi-part message in MIME format.. 



His apologies notwithstanding, Eric Gaithman continues to post to this

list in html, and repeatedly blockquotes entire pages of irrelevant

previous posts. 



Ladies and Gentlemen,

  If history serves us well we should know that it is always easier to change ourseves 
then change others.  If one does not like to see html tags, all they have to do is 
click a few times and set their email viewer to view HTML messages as HTML.

  Bank in the day I used to charge my credit card to buy books, then came Bananagold 
and MetalProxy, just like back in the day there was plain text email, then came HTML 
email.  If you don't choose to use available technology, it your business, but please 
don't tell people who may have adopted the new techology that they need to ditch the 
Bananabot and send a check to Amazon to buy a book.

 Khurram Khan

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[e-gold-list] Re: Ah, journalism... - and let's help Parker!

2001-03-30 Thread Khurram Khan



Error: Field name declared in BAGGAGE_FIELDS but not present on form: city state



*** 1 error(s) detected on the Entry Form ***





I can't seem to figure out what's going wrong, or what changed,

but it doesn't work now so I want to fix it. Thanks.

JMR



It seems to be working fine to me Jim.  Usually the error described above would mean 
that they have entered the name of a field in the "Baggage_field" part but it does not 
show up on the form.  The common couse for this is a typo.

  Khurram Khan

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[e-gold-list] Re: OSGOLD, Pecunix, etc., etc.

2001-03-23 Thread Khurram Khan





--- [EMAIL PROTECTED]

 wrote:

And Khurram, if e-gold sucks so badly, why do you continue to use it?



Never once have I said e-gold sucks.  I think you seem to missunderstand my reasons 
for point out things that people don't want to hear.  I have a lot of my time, energy, 
and money devoted to projects that utilize e-gold.  My interests are in improvements 
being made so that e-gold attracts a larger customer base among other things that 
would greatly help all merchants in this industry.

   Khurram Khan

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[e-gold-list] Re: PECUNIX INCORPORATED Share Offer

2001-03-22 Thread Khurram Khan





--- "Viking Coder" [EMAIL PROTECTED]

 wrote:

 Why are they trying to raise 6.5 million dollars to build another Digital

 Currency, when E-Gold and GoldMoney did it for only a couple hundred

 thousand dollars?

 

   Seriously, what makes you think that e-gold and GoldMoney started off with just a 
couple hundred thousand?  GoldMoney had advertised on their website at one point that 
they secured atleast 2million in Seed Funding.  e-gold probably needed similar funds 
or they wouldn't be in business today.

   Khurram Khan

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[e-gold-list] e-gold flaws Previously: PECUNIX INCORPORATED Share Offer

2001-03-22 Thread Khurram Khan

--- "GoldDirectory.com" [EMAIL PROTECTED]



Seriously... What flaws does e-gold have?





1.  Someone can very easily write a script that continuosly tries to access an account 
with a bad passphrase and therefore locking any account perpetually.

2.  There is no way to show a third party that you've actually sent gold into another 
account.  Maybe a public batchnumber system can work here.

3.  Negative Balances!

4.  No third party counting the gold in the storage facility.

5.  Absolutely no fraud prevention or resolution.  PayPal may be horibble but they 
still have some kind of "Insurance" for its users.  It may not be much.. but its 
something.

6.  e-gold doesn't exist.  Try calling somebody who works for e-gold.  It won't 
happen.  You'll have to call somebody that says they work for e-gold but at the end of 
the day, they are being paid by GSR.

7.  Sole Bailee of metal into the storage facility.

8.  Server located in beautiful Melbourne, Florida.

9.  Conflict of interest for users because the people that control e-gold also control 
its sole Bailee.

10. No Marketing! Relying on users to bring in merchants instead of getting merchants 
that bring in users.

11. Bad website design.

12. Ploy to collect a large amount of precious metals incase Y2K didn't go too well.. 
- just kidding on that one.  There are several pieces of evidence that point to that.. 
but I might discuss that at a later time.

13. Bad service.

14. Majority of user-base is involved in "questionable" activities.

15. Infringement of patents... from what I've heard.

  Just to name a few.. Have a nice day.

Khurram Khan

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[e-gold-list] Re: e-gold 2001 conference date?

2001-03-20 Thread Khurram Khan

--- "Viking Coder" [EMAIL PROTECTED]

 wrote:

 According to their website nothing ever took place, so

 what are you talking about?

 

 Dagny



What are you talking about? Of course IRS III (Indian River Summit III or

e-gold 2001 conference wherever it will be) hasn't happened yet, the last

conference was in mid October 2000. As for IRS II, I didn't take a week

long trip to Florida just for the beach. 



  I think what Dagny is trying to say is that if you check the e-gold and OmniPay/GSR 
websites you won't find any thing about the IRS II.  On the e-gold site if you check 
the "What's New" section, you see it going right from buying a new database server in 
September to e-gold milstones in November.  Similar story on the OmniPay website.  
According to them, its obviously not important enough or it didn't happen.  My guess 
is that since they chose to "Down Size" their business development department, they 
aren't looking to do these type of things in the future.  Even if they were, they 
wouldn't get too many sponsors.  Who would pay a couple thousand to help sponsor 
something if they can't get some publicity from it a month down the line.  

  I guess the new slogan for e-gold should be... "Brilliant Product not so 
brilliant business skills..."

Have a Nice Day

 Khurram Khan

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[e-gold-list] Gold Lease Rates? Simple Question

2001-03-14 Thread Khurram Khan

Hello...



Claude Cormier Wrote on the GoldEconomy website:

gold lease rates (interest rates) are usually very low, most often between 0.5% and 
1%. The fact that such low rates are possible should convinced you that gold is the 
most stable money available. 





Does that mean that the Yen is almost as stable as gold?

Khurram Khan





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[e-gold-list] Re: spam?

2001-03-11 Thread Khurram Khan

So... I've received just as much spam in my e-gold list mail account as I

have in my eBay mail account.



 What is this?



hmm... I wonder how much somebody would pay for a guaranteed spam proof email account? 

   Khurram Khan

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[e-gold-list] Re: e-gold web site -- a joke from ad-land

2001-03-08 Thread Khurram Khan

jpm wrote:

The bottom line and blunt version: if you're not a graphic designer, 

don't embarass yourself (like I often do) or waste time by thinking 

you are one.



 Hey.. Wouldn't have made the suggestion if I was plannin on embarassing myself :)

   Khurram

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[e-gold-list] Re: e-gold vs. smaller national currencies (Entry for Stats contest)

2001-03-04 Thread Khurram Khan

Bravo!

  Khurram Khan





--- "Viking Coder" [EMAIL PROTECTED]

 wrote:

We'll start with known quantities.



e-gold

in circulation - 44,475.17 oz. gold ($11.7 million)

total - 46,400.00 oz. gold ($12.2 million)

daily transaction volume - 5700 oz. gold ($1.5 million)



US

in circulation - $562.949  billion

total - $817.577 billion

GDP - $8.511 Trillion ($23.32 billion/day)



The ten smallest GDPs for countries that have their own currency.



STD Dobra (São Tomé) - $164 million

TOP Pa'anga (Tonga) - $232 million

VUV Vatu (Vanuatu) - $240 million

WST Tala (Samoa) - $470 million

MVR Maldivian Rufiyaa (Maldives) - $500 million

DJF Djibouti Franc (Djibouti) - $530 million

SCR Seychelles Rupee (Seychelles) - $550 million

CVE Cape Verdean Escudo (Cape Verde) - $581 million

BZD Belize Dollar (Belize) - $700 million

SBD Solomon Islands Dollar - $1.15 billion (Solomon Islands)



An e-gold velocity historical data point.

http://www.mail-archive.com/e-gold-list@talk.e-gold.com/msg02528.html



9 Jun 1999 daily transaction volume - $6700



This works out to 225x in 20 months or 31%/month.



Now on to the mathematical analysis...



The GDP isn't the same as the transaction volume. The GDP is the amount of

official/logged transactions, i.e. retail, etc... However, we can figure

out the neccesary transaction volumes given two assumptions.



- The correlation between circulation volume and transaction volume is the

same for all currencies.

- The correlation between GDP and transaction volume is the same for all

currencies.

(This isn't true, but we something to work with)



We know the circulation of AUG  USD, the AUG transaction volume, and the

USD GDP. (Don't we just love TLAs :)



This gives us...

USD daily transaction volume - $72.17 billion



Which gives us the daily transaction volumes for the above ten currencies.



STD (Dobra) - $1.35 million

TOP (Pa'anga) - $1.9 million

VUV (Vatu) - $1.97 million

WST (Tala) - $3.86 million

MVR (Maldivian Rufiyaa) - $4.11 million

DJF (Djibouti Franc) - $4.36 million

SCR (Seychelles Rupee) - $4.52 million

CVE (Cape Verdean Escudo) - $4.78 million

BZD (Belize Dollar) - $5.75 million

SBD (Solomon Islands Dollar) - $9.45 million



Using the given e-gold growth rate, we can determine when e-gold's

transaction volume will exceed the listed currencies transaction volume.



STD (Dobra) - Already exceeded

TOP (Pa'anga) - April

VUV (Vatu) - April

WST (Tala) - August

MVR (Maldivian Rufiyaa) - August

DJF (Djibouti Franc) - August

SCR (Seychelles Rupee) - September

CVE (Cape Verdean Escudo) - September

BVD (Belize Dollar) - October

SBD (Solomon Islands Dollar) - November





Viking Coder



Worth Two Cents?

http://www.2cw.org/VikingCoder



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[e-gold-list] Re: need an e-gold central exchange

2001-03-04 Thread Khurram Khan





--- "SnowDog" [EMAIL PROTECTED]

 wrote:

 [...]There needs to be a central exchange

 which works like a stock exchange, where all market maker bids and asks

are

 represented in the same place.  [...]



Cool!



How soon before you start one?



Craig



shh... don't tell anybody... but its in the works...

   Khurram Khan

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[e-gold-list] Re: poor stats contest entries?!

2001-03-03 Thread Khurram Khan





--- [EMAIL PROTECTED]

 wrote:

I wonder if I set TOO HARD a question at the 2 gram prize level?





  I think you have definitely set the question to be too hard.  Reasons being that no 
one can figure out how long it will take e-gold to do any transaction volume because 
we don't have historical figures to draw a regression from.

  Second, I don't think you can open up a dictionary and come up with how much USD or 
JPY is traded in a given day because there is no one place to trade it.  John and Bob 
could be sitting at a street corner and passing a 5 dollar bill back and forth and be 
trading.  They could do this a million times and no one would know.  However, if they 
did this in e-gold, they would have to do it through the e-gold website and so e-gold 
would know and calculate that John and Bob did 5 million in trading.

  I could say that PayPal claims to do 8 million in trading a day, and e-gold does 1 
million.  Yet without a way to draw a regression I can't come up with how long it will 
take e-gold to catch up with PayPal.  Maybe e-gold should save the stats figures just 
like they do with exchange rates.

   Khurram Khan

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[e-gold-list] Re: and wouldn't TWC be to die for!

2001-02-28 Thread Khurram Khan



A concerted effort  to create:



1.Exposure



2.Percieved need



3.Economical application



is required.



Those things may be needed but for a company to pitch to a large corporation, they 
need to create an image that they deal with the big dogs.



The first step is to change the look of the site starting with the main page.  The 
e-gold Front page looks like it was created by an 8th grader.  The Standard Reserve 
main page just looks like there is something missing.  Both of those companies should 
be looking to change their look so they can compete with GoldMoney from an image 
standpoint.  If a person was to just see the mainpage of those three companies, they 
would conclude that GoldMoney is the "big time" appealing to the more "Professional" 
type people.



Step 2: Make sure the sites that you link to look good.  If you link to a site that 
looks like it was created by an amateur, then it shows people that you deal with 
mainly amateurs.



The third thing, somebody please tell Reid that Less is More.  Get rid of most of 
those listings you have under "Merchants and Organizations."  Political Groups, 
Donations, Mom and Pop shops... please get rid of them.  A link to a political party 
should never be on that page.  Multiple links to people accepting donations says that 
e-gold is not a business tool but just a way to donate.  Mom and Pop shops, well.. 
move them to a different site that only has merchant listings.



Four:  Stop talking about how gold is the only real money, and how investing in gold 
is a good thing.  Talk more about the business aspects.



Five:  Create demos that show people how to use the system.  Please!  People will just 
not use it if they don't know how.



  You may higher a big time Marketer and pay them 100K a year but they'll tell you the 
same thing.  There it is free of charge, use it, abuse it.  Have a nice Day.

Khurram Khan

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[e-gold-list] Re: and wouldn't TWC be to die for!

2001-02-27 Thread Khurram Khan





--- Douglas Jackson [EMAIL PROTECTED]

 wrote:

I'll bet well over 100 people on this list send money to TimeWarner

Communications every month too. Imagine TWC's (and other utilities')

overhead relating to acceptance of mailed checks:

- latency for check to arrive via mail,

- human beings to open envelopes and manually transcribe posting

information into operator interface,

- prepare deposits and take to bank,

- deal with overdraft checks...





  I wonder if this means that some marketing dollars are going to be spent to attract 
some large businesses.  e-gold/ GSR's main marketing objective seems to be to attract 
Market Makers who will go out and attract people to use the currency.  

  This just doesn't work.  While MM's may be able to attract small mom and pop shops 
and individuals, they can not attract large business.

  Coming from a MM, is sounds like a sales pitch.  "Hey I sell this stuff, so can you 
accept it"  Coming from the company that issues the stuff can be a little different 
then the everyday telemarketing sales pitch.

    Khurram Khan



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[e-gold-list] Re: Frozen E-Gold Account?

2001-02-26 Thread Khurram Khan





--- [EMAIL PROTECTED]



1) their e-gold account was frozen by e-gold

Most likely e-gold has put a "Value Limit" on their account.  You can verify this by 
previewing a spend to their account.  If you get a message stating "This would exceed 
target accounts balance limit" then it is indeed a "Value Limit".



2) my question: Is it possible to make a spend to a frozen account?

With a value limit, the balance of the account can not increase but the account holder 
can take the money out or spend it.



3) It has been since early January of the frozen status of their account,

hypothetically speaking why would e-gold take this long to unfreeze their

account as their claim is they have done everything to comply with e-gold.

e-gold will usually take the value limit off as soon as the account holder has 
provided proper identification.

Khurram Khan

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[e-gold-list] Re: More inquiring minds

2001-02-19 Thread Khurram Khan

--- [EMAIL PROTECTED]

But that issue, and no other issue, is going to mean anything unless 

e-gold addresses the "immediate issue", that there simply is no egold 

commerical universe.



  I completely agree with JP here... In my opinion, part of the problem is that e-gold 
has no defined niche of where it belongs.  It seems to be uncertain of its own market. 
 They want to try to be every thing to every body.  All, with may I add, no marketing 
what so ever.  Something with they seem to be very proud of.

  So far the only niche e-gold has is among Gold Bugs, individuals concerned with 
"offshore" activities,  People who think that the dollar is going to crash and the 
world is going to come to an end, and the "scam scam scam scam scam scam".  Unless 
e-gold does some marketing like a real company, nothing is going to change.

  If Napster can be brought to close to shutting down because the are an avenue for 
people to trade intellectural property.  e-gold can pretty much be brought to the same 
stage because they are an avenue for people to scam others.  However,  If I must add 
my two cents here, without a market there is no business.  It seems to me that a 
majority of the e-gold market is the so called "Scam Sites."  Dare I say that without 
the scams there would be no e-gold.



   Khurram Khan

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[e-gold-list] Re: there you go Michael Moore!

2001-02-17 Thread Khurram Khan





--- "Michael Moore" [EMAIL PROTECTED]



What I was trying to say was that e-gold seems to attract a larger

proportion of  cc fraud than would otherwise occur.





The reason for this is quite simple acutally.  The best thing to buy with stolen money 
is more money.

    Khurram Khan

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[e-gold-list] Re: Ultimate funding system

2001-02-04 Thread Khurram Khan

hello,

  Just putting my two cents in.  The ultimate funding system is a system that requires 
no funding.  For example, if an e-currency architecture included a bank some 
interesting things could happen.  If for example the SR-USD was an actual bank 
account, you could use it as your bank account and when you need SR-GOLD you simply do 
a conversion.

Khurram Khan

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[e-gold-list] Re: [GoldBarter] Win some gold!

2001-01-29 Thread Khurram Khan



for an auction system. Is there something you wish eBay would offer that

they currently don't, or just plain something done better? Or is there

something new you would like to see on an auction system? 



ya... eBay doesn't have auctions denominated in Grams of Gold, but Pay By Gold does.  
www.paybygold.com

Khurram

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[e-gold-list] Re: Fw: Free Visa Card?

2000-12-31 Thread Khurram Khan



This is your new normal, Mr. MLMer.



So I guess MLM is automatically associated with Ponzi Schemes now a days.  Personaly, 
I don't find any thing wrong with a company using Multi Level Marketing to promote 
their business.  In the case of this Visa company, Instead of paying $10 million to 
air a commercial on TV during the super bowl they destribute it to people who are 
actually promoting their product.  Hey even e-gold is an MLM in ways.  Instead of 
spending million + time + energy to promote they have an incentive program.

  Khurram Khan

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[e-gold-list] Re: BUY ANYTHING ONLINE WITH e-gold

2000-12-29 Thread Khurram Khan



Volume has nothing to do with it.  The discount should be based on the savings 
possible because of  our process.  Any retailer 

should be able to offer that - whether they be pure play (online only) or clicks and 
mortar.



  I must disagree with you here George.  Higher volume means higher savings.  A lower 
volume retailer might not be able to offset the cost of adding a "GOLD" payment option 
to their system, however, it would be easier for a higher volume retailer.

Khurram

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[e-gold-list] Re: Money Withheld Without Explanation

2000-12-28 Thread Khurram Khan



To date, I have two checks ordered to vendors that have not arrived 

after 10 days.



Hello,

  You may want to try Pay By Gold, similar to OmniPay, you can send a check to any 
where in the world, but at half the cost. www.paybygold.com

   Khurram

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[e-gold-list] Negative Balances

2000-12-28 Thread Khurram Khan

On the public balance page there is one account with 

a balance of negative 7.7 oz of silver.

I wonder how many other accounts with negative

balances there are and 

how that is reflected on the examiner.





  I only explanation I can come up with that would explain a negative balance would be 
the storage fee.  Once a month the e-gold accounts get charged a 1/12% storage fee for 
the average balance they maintained over the past month.  So a person who has a large 
balance of metal in their account can spend from their account to another one of their 
own accounts and bypass the storage fee.  The metal gets sent to a new account and the 
old one gets hit with a storage fee.  Since the old account now has a 0 balance, after 
the storage fee it comes down to negative.

  However, when examiner totals up the amount of metal in circulation, the negative 7 
ounces, for example, get crossed out by 7 positive ounces.  This results in the 
examiner showing 7 ounces less in circulation then there actually is.

  All of a sudden, there can be 7 less ounces of physical metal in reserve then there 
is e-metal in circulation.

  It would be interesting to see how much negative metal in circulation there actually 
is.

Khurram Khan

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[e-gold-list] Re: e-gold / SR ??

2000-12-26 Thread Khurram Khan







 If you are not going to store your gold,

 then why are you not holding your assets in Metal

 Savings

 or something else that does not cost you anything?



Good Point.  the 1% storage fee starts to become a killer when you have a large amount 
of gold in your account.  SR maintains a reserve in e-gold for liquidity but sooner or 
later will probably invest a portion of the gold into Metal Savings or a similar 
institution to offset their costs.  It goes back to one of my previous postings 
concerning the profit model for a currency.

Khurram

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[e-gold-list] Pay By Gold

2000-12-17 Thread Khurram Khan

There are now 150 verified users on the Pay By Gold system.  If anyone out there wants 
to critique the website, I'd appreciate it.



Aside from that, a private label of the Pay By Gold system is also available, contact 
me personally if you want information about that.



Khurram Khan

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[e-gold-list] RE: why? ~e-gold/GSR

2000-12-17 Thread Khurram Khan

Craig Haynie wrote:

GSR has positioned

themselves so that they do not act as judge and jury on accusations of fraud

and the gold sitting in the questionable account does NOT belong to GSR.

They're out.



I must disagree with your Craig, GSR does act as judge, jury, and executioner about 
fraud.



For one, when a situation arises you ask GSR to investigate it.  GSR will ask you to 
get a court order and present it to them, not e-gold.  If you know of any way of 
contacting the e-gold people in Nevis, let me know.  The problem comes in where there 
is a claim that some how involves GSR.  GSR being the Judge Jury and executioner 
causes a one sided fact sheet.



Aside from that, there isn't a way I know of to present a court order to e-gold.  No 
one knows the executives of the Trust.  Secondly, e-gold is a Nevis corporation and if 
a situation arises where they have to accept a court order to investigate GSR or on 
behalf of GSR, they don't have to.  They are a Nevis corporation and don't have to 
recognize a US court order.  We must not forget that e-gold and GSR are not as 
independent of each other as we hear.  GSR controls the e-gold website and therefore 
can have a direct impact on any e-gold decisions.



In Mr. Moore situation, I am willing to put my money where my mouth is in that if the 
fraudulent e-gold accounts had Public Histories we would see a spend for the complete 
balance into the GSR/OmniPay accounts.  And also that you could not show me the court 
order that GSR presented to e-gold to get those funds.



Solution:  There is a need for an independent arbitrator on Fraud Issues...  Maybe an 
idea for someone to make a business out of.



Also, the agreement with the Bank of Nova Scotia and e-gold states that anyone can add 
a bar to the reserve with a signature from the escrow agent, but don't waste your time 
trying.  GSR will not allow you to do so, if they did I'm sure GoldFinger would be 
bailing in their own gold.  I would assume that e-gold the company didn't care where 
to bars came from in issueing more e-gold as long as they were the same bars, but 
obviously only GSR is allowed to bail in 400oz bars.

 Khurram Khan

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[e-gold-list] Re: congratulations and warning

2000-12-08 Thread Khurram Khan



Second, about the problem with Netscape and Gold Economy. 



Hello Elwyn,

  I must agree with Cal about the problem.  I am unable to completly load the Gold 
Economy website using Netscape.  Not only that, most of the time I try to access the 
Standard Reserve website, it completely crashes netscape.  The problem might lie in 
the Active X controls, if you are using any.

Khurram



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[e-gold-list] New Currency

2000-12-07 Thread Khurram Khan

Hello,

  Below are the steps needed to start your own currency.



1.  Build the website

2.  Hold 25% reserve in e-gold

3.  Deposit the rest 75% in Metal Savings and earn interest.



  Simple huh... look for "nuggets" to be launched early next year.

    Khurram Khan

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[e-gold-list] Real Gold Lotto

2000-12-06 Thread Khurram Khan

Hello,

  Could anybody give me the contact information for the person who ran / operated the 
"Real Gold Lotto".  www.realgoldlotto.com.

   Thank you

   Khurram Khan

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[e-gold-list] Re: e-dinar

2000-12-03 Thread Khurram Khan

Hello,



So, I opened an e-dinar account. Received an email confirmation.



One thing that many people don't realize is that everybody who has an e-gold account 
already has an e-dinar account and vice versa.  Try going to the e-dinar website and 
put in your e-gold account number and passphrase.  Then try going to the e-gold 
website and put in your e-dinar account number and password.





Doesn't have the same functionality that e-gold's site has but it looks like it's 
coming along.



e-dinar should have the same functionality as the old e-gold system.

Khurram Khan

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[e-gold-list] Re: GSR to increase OmniPay InExchange Minimums

2000-11-29 Thread Khurram Khan

GSR's choice of raising the inexchange minimums is creating more and more room for 
market makers to step in and get started.  If anybody was thinking about or wants to 
become a market maker and needs some help, please contact me.

   Khurram Khan

   [EMAIL PROTECTED]

   [EMAIL PROTECTED]



--- "Reid Jackson" [EMAIL PROTECTED]

 wrote:

Effective December 15, 2000, GSR will no longer accept OmniPay exchange

orders from national currency to e-metal (InExchange) that are less than the

following amounts:



USD   3,000

AUD   5,000

GBP   2,000

CAD   4,000

DEM   6,000

FFR  19,000

YEN 278,000

CHF   4,000



e-gold Users who wish to exchange amounts less than these minimums are

encouraged to visit the independent market makers listed on the Directory

page at the e-gold website:



http://www.e-gold.com/unsecure/links.htm



However, no minimum is applicable to OmniPay exchanges from e-metal to

national currency (OutExchange); thus, e-gold users may continue to use

OmniPay as a means to pay entities who do not yet have e-gold accounts (i.e.

to pay the credit card bill).



Reid Jackson

Managing Director

Gold  Silver Reserve, Inc.





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[e-gold-list] Re: metal to metal conversions?

2000-11-26 Thread Khurram Khan

Hello,

   e-gold does not handle metal to metal converstions.  OmniPay does things like that. 
 The charge for the service is rather high however.  When you do a metal to metal 
conversion from OmniPay, you are converting your metal into dollars and then buying 
the other metal from OmniPay.  You pay the $1.00 (OutExchange) fee and then the 4% 
spread.

 Khurram Khan



--- "Sidd" [EMAIL PROTECTED]

 wrote:

Hi,



I remember something about in now being free to do metal to metal

conversions at e-gold. I can find no price for conversions on the fees

and commissions page. Is this the case?



Thanks,



Sidd.





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[e-gold-list] Re: SCI for Standard Gold

2000-11-21 Thread Khurram Khan





--- [EMAIL PROTECTED]

 wrote:

  I see references to the SCI for Standard Gold, but I cannot find any link on the 
site.  Could someone point me at this or tell me it does/doesn't exist?

Thanks Dave Brooks



Hello,

   The Standard Reserve shopping cart is the same as the e-gold shopping cart.  Just 
replace the www.e-gold.com with www.standardreserve.com.  Instead of having gold, 
silver, platinum, and paladium, the standard reserve shopping cart only has gold and 
dollar.  The PAYMENT_METAL_ID for gold is "1" and the id for dollar is "2".

Khurram Khan

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[e-gold-list] Re: How to specify merchant ref number in e-gold?

2000-11-15 Thread Khurram Khan



--- Erich [EMAIL PROTECTED]

 wrote:



I know that e-gold now allows merchants to specify a merchant ref

number, and search for it in the history.  How do I specify this

number?



Ther Merchant reference number is the same as the PAYMENT_ID field

   Khurram Khan

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[e-gold-list] Rapid spending

2000-11-15 Thread Khurram Khan

Hello,

   For market makers and all those wanting to make spending a little faster.  I have 
put some code together at http://www.paybygold.com/auto to help you out.  You can 
directly specify the account number and amount for any number of spends and confirm 
them directly.  If you have any questions on it, please email me.

 Khurram Khan

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[e-gold-list] Growth, The Gold Economy

2000-11-14 Thread Khurram Khan

Just some thoughts,



  All those interested in the growth of The Gold Economy, should seriously look into 
putting excess capital into savings and loan institutions such as Metal Savings, or 
any others functioning in a similar manner.

  The Economy can only grow when there is capital available for existing businesses to 
invest, or for entrepenuers to start up.  Capital is available when people put funds 
away in savings.

   Good Luck

   Khurram Khan

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[e-gold-list] Ton of e-gold..

2000-11-14 Thread Khurram Khan

Theres a ton out there,

   Khurram Khan

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[e-gold-list] Re: Fw: Re: KMG - MM??

2000-10-25 Thread Khurram Khan

Hello Mr. Barnes,

   It surprises me that you have such harsh words to say about the my servie, however, 
every month I get a check for the same amount from you.

   Khurram Khan



--- "Geoff Barnes" [EMAIL PROTECTED]

 wrote:

In truth, Khurram, emails are rarely, if ever, answered. I have personally

sent 11, and have gotten one, maybe two responses. Response to the last one

was a single word. Fortunately for me, that word was "funded". No apologies

for the delays.



Your website states that a phone number is "in progress", and has for some

time, yet if one looks hard on the EGold site, they have a phone number for

you. Of course, it is only answered by a machine and my two phone calls got

no return call.



You also whine and make excuses for non-delivery, market conditions, etc.

and seem to be willing to only take responsibility  for the "easy"

transactions. You hold checks beyond a reasonable time. If we take the time

to FedEx a check to you, is it silly to expect a short email saying "we've

got it! we're on it! Expect to be funded on [date]. And an email to complete

the transaction, saying that the account was funded and "thank you very much

for your patronage"?



We do a very steady business. Almost "free money" for you. We know what

Customer Service means. I'm sure you have SOME concept in your head when

somebody uses this term, but it certainly seems a far cry from the accepted

reality.



I've seen you blast people on this list when it is you who are in the wrong.

I sympathize with them. Despite the hassles of connecting with a new vendor,

we're taking our business elsewhere. Anyplace where "Customer Service" is

understood and applied, and where there is some sense that our commerce is

appreciated. I'm not the first to tire of you, Khurram, and I'm certain I

will not be the last.



I suggest that you, your staff(?) and anybody mildly interested in running a

business visit, read and understand the materials at www.cluetrain.com.



 Geoff Barnes





 - Original Message -

 From: "Khurram Khan" [EMAIL PROTECTED]

 To: "e-gold Discussion" [EMAIL PROTECTED]

 Sent: Tuesday, October 24, 2000 7:35 PM

 Subject: [e-gold-list] Re: KMG - MM??





  hello,

 

Please check your e-gold account before posting to the list.  If you

 provided us with your account number correctly, that check has been

funded.

 If you have problems contact the Kissmygold support first please!  All

 emails are answered and the customer service department of Kissmygold can

 help you better then I can.

 

  Khurram Khan

 

  President of Majestiq Enterprises

 

 

 

  --- "Steve Tom" [EMAIL PROTECTED]

 

   wrote:

 

  My cheque was sent on 10/08/2000 and it hasn't still been funded to my

 

  e-gold account. And it has been cashed on 10/19/2000 - I know it

exactly.

 

  

 

  I have e-mailed KissMyHold and got no reply. As usually, I get no reply

 

  from "Market Makers". At least none of my friends got reply from KMG.

 Does

 

  KMG work honestly? Doesn't it cheat?

 

  


 

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 [EMAIL PROTECTED]

 

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[e-gold-list] Re: Gold-today Update

2000-10-05 Thread Khurram Khan

This is reason enough for all market makers to have a strict policy on fraud.  There 
is a strong need today for an "organization" of market makers and/or merchants.  So, 
if something like this happens we have a stronger word when it comes to getting e-gold 
to freeze accounts and maybe even giving our money back.  See you all the the Indian 
River Summit.

    Khurram Khan



--- "Michael Moore" [EMAIL PROTECTED]

 wrote:







DIVFONT face=Arial size=2Folks,/FONT/DIV

DIVFONT face=Arial size=2/FONTnbsp;/DIV

DIVFONT face=Arial size=2An Important Update,/FONT/DIV

DIVFONT face=Arial size=2/FONTnbsp;/DIV

DIVFONT face=Arial size=2Due to the prevalence of cheque fraud and the 

tardiness of banks in generalnbsp;who improperly clear fraudulent cheques only 

to reverse their decision later, nbsp; Gold Today will no longer be accepting 

any cheques over 250USD.nbsp; /FONT/DIV

DIVFONT face=Arial size=2/FONTnbsp;/DIV

DIVFONT face=Arial size=2Cheques under 250USD will be subject to a wait 

period of 30 days AFTER they are clearednbsp;and PRIOR to funds being spent 

into an e-gold account./FONT/DIV

DIVFONT face=Arial size=2/FONTnbsp;/DIV

DIVFONT face=Arial size=2The best way to get your funds into your e-gold 

account is to wire the funds direct to the bank.nbsp; No spends will be done 

until the bank tells me such wired funds are physically in the account 

irregardless./FONT/DIV

DIVFONT face=Arial size=2/FONTnbsp;/DIV

DIVFONT face=Arial size=2Go to A 

href="https://gold-today.com/egoldusers_cheq.htm"https://gold-today.com/egoldusers_cheq.htm/Anbsp;for
 

full information on how to do this./FONT/DIV

DIVFONT face=Arial size=2/FONTnbsp;/DIV

DIVFONT face=Arial size=2I regret this as the vast majority of my customers 

are honest and deserve the best possible service I can give them. I /FONTFONT 

face=Arial size=2will continue to do that within the framework of the 

conditions laid down on the Gold Today Site./FONT/DIV

DIVFONT face=Arial size=2/FONTnbsp;/DIV

DIVFONT face=Arial size=2/FONTnbsp;/DIV

DIVFONT face=Arial size=2Kind regards,/FONT/DIV

DIVnbsp;/DIV

DIVFONT face=Arial size=2Michael MooreBRA 

href="mailto:[EMAIL PROTECTED]"[EMAIL PROTECTED]/ABRA 

href="http://www.gold-today.com"http://www.gold-today.com/ABRSign up with 

e-gold today and get gramms of e-gold here.BRA 

href="https://www.e-gold.com/newacct/newaccount.asp?cid=129542"https://www.e-gold.com/newacct/newaccount.asp?cid=129542/ABR/FONT/DIV

---BR

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[e-gold-list] Kissmygold

2000-10-04 Thread Khurram Khan

I've said this before, but I'll say it again.  Well serviced customers take their gold 
with nothing more then a smile but customers who may have experienced a small delay 
break the microphones.  In response to recent questions, Kissmygold is alive and well. 
 KMG is one of the five largest marketmakers with over a thousand return customers.  
Because of the large number of business we've experienced, we have also had quite a 
bit of fraud.  As much as we'd like to believe that every request that comes into us 
saying that "I sent you a check but no gold is in my account" is legitimate, our 
experience has shown that we can not do that.  They are carefully investigated.  If 
money was sent to us it will surely be funded.  If you are dissatisfied with our 
service on mailed media, then please use electronic remitance, ie: PayPal, Online 
Checks.  Or please take your business to another market maker.  We have processed over 
three thousand individual transaction in the last two and a half months and not all of 
them can be completed scratch free.

    Khurram Khan

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[e-gold-list] e-gold to paypal.

2000-10-03 Thread Khurram Khan

Hello,

  Paybygold now provides e-gold to paypal exchange.  Check it out www.paybygold.com

 Khurram Khan

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