[e-gold-list] New no name debit cards are now available!

2003-06-11 Thread eForexGold


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[e-gold-list] Re: DGC, OSgold, exhangers, judgements - CaveatEmptor

2003-06-11 Thread jpm
... I used the term DGC a bit more loosely, as it seems to
be becoming a common practice, even for currencies that have no known
backing and dubious backers
Robert's right, it's an excellent point.  The fact is DGC does not 
at all MEAN actual gold or 100% backed or anything like that, and 
as Robert says the other fact is DGC is often used to mean quasi-gold 
systems, OSGold, evocash or the like.

DGC is no good anyway, because, who says it is or should be used as 
a currency?  The fact is it's gold that you can transfer ownership 
of on a web page -- the fact that that leads to it being USED AS 
(sometimes) a currency, is just a benefit.

I killed off the earlier GBC (remember that?) since it contains the 
word backed which implicitly means fractional reserve (even if it's 
100% backed that;s not the same as actual gold we store for you) 
(For instance, a 1% backed GBC would be a GBC.)

I suggested at one point using some sort of complex acronym, it was 
something like .. FAGWANE -- fungible actual gold [--forget these 
two letters--], no encumbrances

Other catchy ideas are say, AGOTBI (Actual Gold, Ownership 
Transferable By Inernet)

Then there's the gaining-in-popularity IG -- Internet Gold which 
is fairly direct.  (It's Just gold and that's it - it's 
internet-type gold, but it's just gold) althogh it is not absolutely 
positively an explanation of the situation (like FAGWANE or maybe 
AGOTBI)

The very point is that the ideal acronym or name (maybe internet 
old) should very specifically absolutely reject the notion

Pay me five grams of AGOTBI at this time if anyone liked this post :-)

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[e-gold-list] ah yes...

2003-06-11 Thread jpm
that's right, FAGWANE ... fungible actual gold with agio, no encumberances.

I like AGOTBI - it is, in fact, AGOTBI !

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[e-gold-list] Who IS this sage? LOL

2003-06-11 Thread Graham Kelly
Craig,

That's absolute, utter bull! Where on earth did you get your education?
Thinking about your assertion, it doesn't even make any type of logical
sense!

It's a well known documented fact, that MOST ponzi/scams last less than a
few months. OSGold actually traded *very* successfully for MORE than 16
months, with not a single glitch, gold backed or no. The single and only
REASON why it failed was CEO Reed eventually scarpered with the bucks.
OSGold, as an ecurrency, was very successful. Millions of successful
transactions were completed in this time. It was the only ecurrency that
actually came close to competing head to head with e-gold. Competitively,
e-gold admin must have sighed a collective sigh of relief when OSGold
failed.

Indeed, what amazes me is that Reed was getting 50c from every spend.
Potentially, he was not only sitting on a gold mine, he actually had a
licence to print serious money! I wonder why he scarpered with only the
few millions he stole? Obviously, he was thinking sort term gains only.

It's a biblical truth that the love of money IS the root of all evil.
Want to see a mans' character get displayed? Give him access to a million
$$$, and watch what he does with it. 

Being SO wise after the event...is that any sort of wisdom at all?

Now, how about ADDING to the industry, rather than bad mouthing the
obvious, being that you're so wise.

Graham Kelly CEO


On Wed, 11 Jun 2003 00:39:13 -0400, Craig Spencer
[EMAIL PROTECTED] said:
 failed.  OSGold was never a DGC.  It was, from the beginning,
 a scam -- nothing else.  

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[e-gold-list] Re: Who IS this sage? LOL

2003-06-11 Thread Offshore Team

Umm, sorry to argue with this Graham but it is you who failed to see the utter obvious 
link with Osgold and Osopps (where is your DD skills?) ...the firm owned by Osgold was 
paying 30-40% per month on clients money...loading up their osgold accounts with 
totally worthless digital onscreen funds - yes there were many transactions making 
them money but the money was all made up Graham - and the stuff that wasnt made up was 
ponzi funds from the osopps clients! 

The single and only
 REASON why it failed was CEO Reed eventually scarpered with the bucks.

No. the reason why I would believe, was they were running into many different problems 
no doubt and when problems occur in these scams people want out, and when people want 
out the sh!t hits the fan...the US$ may be going through the same problems as OsGold 
:) It was the staff or the CEO of osgold who decided it was better to run with the 
funds before they had to pay out all the inflated osopp funds to clients. 

They like the US government were pumping out worthless osgold $$$ via osopps scam. It 
is not a cold hard rule that ponzis breakdown after months Graham, internet scams like 
Osopps, Stockgenration can last for years - especially when the going is good as it is 
easy to pumpup digital online accounts - but the difference is when people start 
seeing problems and decide to withdraw. the cards then start tumbling fast. 

Ponzis like Government social security ponzis can last for decades...


 OSGold, as an ecurrency, was very successful.

Yes, only due to Osopps scam really. the entire website was unprofessional, the system 
was basic, but the greed got the better of everybody with the osopps scam. You were 
kept busy not for the funding of Osgold, but by people funding osgold for the purpose 
of making quick cash from Osopps fiasco.

Competitively,
 e-gold admin must have sighed a collective sigh of relief when OSGold
 failed.

That is probably why they banned it from their services - they knew these guys were 
scammers like most of the exchangers did.

... he actually had a
 licence to print serious money! 

They did print it. There was just nothing backing it!

 Being SO wise after the event...is that any sort of wisdom at all?

Many wise people did not lose $50,000 to OsGold. Unfortunately you did. The writing 
was always on the wall with this group it just was unfortuanate you took such a big 
hit.


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[e-gold-list] RE: anyone exchanging e-gold for free wires?

2003-06-11 Thread Fidex Marketing
Yes we do...either by wire transfer (you pay the wire fee) or onto a
Fidex debit card (in which case there is no fee if the transaction is
more than $200)  

If you are cashing out weekly I'm sure it would pay you to get a debit
card.

http://e-fidex.com/digitalcurrency.php?l=eng

All done offshore too!

Nick
Fidex





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[e-gold-list] Re: Who IS this sage? LOL

2003-06-11 Thread Sidd
It never ceases to amaze me how after all these years, Graham still has such
a limited understanding of how these internet currencies and ponzi scams
work!

he says:

: The single and only REASON why it [OSGold] failed was CEO Reed
: eventually scarpered with the bucks.

Can't you see Graham, there were NO BUCKS LEFT to scarper with! The ponzi
scam had used up all the money... all the issued OSGold was worthless for a
LONG TIME before the fiasco crumbled. The only thing that kept it alive as
long as it lasted was because people were not redeeming their OSGold, but
were putting it back into the ponzi... as soon as enough people decided to
pull their cash out, that was the end.

: OSGold, as an ecurrency, was very successful.

Nonsense, as an e-currency, OSGold was an absolute disaster. As a payment
mechanism to extend the life of the scam it was highly successful.
Certainly, for the vast majority of the time that OSGold operated, the
currency was probably almost worthless, because there was no substance
behind it, the people holding OSGold simply didn't (want to) realise this.

: Indeed, what amazes me is that Reed was getting 50c from every spend.
: Potentially, he was not only sitting on a gold mine, he actually had a
: licence to print serious money! I wonder why he scarpered with only the
: few millions he stole? Obviously, he was thinking sort term gains only.

Nope, again you demonstrate your lack of understanding of the situation. The
money was gone on the payouts to the early winners... then reed saw the
wheels were falling off and he ran... I bet he had very little money left to
run with. How do you know he got away with a few million?

I doubt very much whether you will understand this because I have explained
this to you at least twice before. I too share Craig's wonder at your
motives, do you really not understand this, or is it merely convenient to
pretend?

Sidd.


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[e-gold-list] Re: Who IS this sage? LOL

2003-06-11 Thread Offshore Team

 Certainly, for the vast majority of the time that OSGold operated, the
 currency was probably almost worthless, because there was no substance
 behind it, the people holding OSGold simply didn't (want to) realise this.

exactly. Greed got the better of many. Graham, you had better lay off this post as it 
really does show your inability to understand the mechanics of a digital currency and 
also the way these scams work. 

Just because one says to you there currency system is great, has lots of backing (150% 
gold :) and is doing 1000 transactions an hour does not make this system a winner. It 
is very simple to create an illusion on the internet and one  has to look at why the 
currency is busy (or even if it is) or how is it making its transactional income etc? 
If the system like Osgold blatently states it runs a ponzi..then run for the hills 
before they do.



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[e-gold-list] ANOTHER PC sage? LOL

2003-06-11 Thread Graham Kelly
Sidd, Craig, others!

Another wise addition to the fray...? why not? It'll be entertaining, at
least! :)

On Wed, 11 Jun 2003 21:01:54 +1200, Sidd [EMAIL PROTECTED] said:
 It never ceases to amaze me how after all these years, Graham still has
 such a limited understanding of how these internet currencies and ponzi scams

Thank you for the compliment... I must admit that ponzis *did* puzzle me
at first... like why would anyone get into one! In any case, maybe I let
you think I'm stoopid...? :)

 long as it lasted was because people were not redeeming their OSGold, but
 were putting it back into the ponzi... as soon as enough people decided
 to pull their cash out, that was the end.

I have been speaking with the OSGold recovery lawyers now for weeks. We
have another scheduled conference call on Thursday. They have indicated
that they have found Reed, plus a *substantial* amount of funds! So much
for that theory!
 
 : OSGold, as an ecurrency, was very successful.
 
 Nonsense, as an e-currency, OSGold was an absolute disaster. As a payment
 mechanism to extend the life of the scam it was highly successful.

It was successful, alright, until Reed buggered off. Is this one of those
South African hidden on/off trick statements? :)

 
 : Indeed, what amazes me is that Reed was getting 50c from every spend.
 : Potentially, he was not only sitting on a gold mine, he actually had a

 Nope, again you demonstrate your lack of understanding of the situation.
 The money was gone on the payouts to the early winners... then reed saw the
 wheels were falling off and he ran... I bet he had very little money left
 to run with. How do you know he got away with a few million?

Nope, once again YOU demonstrate just how closed minded you think! Just
before Reed took off, he was getting up to 30,000 pends per day @ 50c per
spend. Ask one of your kids to figure it out!

 I doubt very much whether you will understand this because I have
 explained this to you at least twice before. I too share Craig's wonder at your
 motives, do you really not understand this, or is it merely convenient to
 pretend?

I understand perfectly that you and your mate are dead set on your after
the event thinking pattern, just to justify your closed minded
experience in life. Well, duh! Good luck to you! Why not ask the hard
questions, like how in heck did Reed get such a large customer base? I
have it also on record that a large number of folks used OSGold... as an
ecurrency! What a revelation! When you figure out the answer to the
question, Pecunix will be a winner; and not a minute before.

Graham Kelly CEO

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[e-gold-list] Para Usuarios de habla hispana

2003-06-11 Thread Admin
This message is for Spanish speaking users of digital currencies.

Tenemos el agrado de anunciar a la comunidad de habla hispana que nuestro
sitio PayByGold en Espaol est terminado.

Slo deben seleccionar el idioma Espaol en la pgina principal.

Estamos seguros de que esta actualizacin les facilitar la compra y venta
de monedas electrnicas respaldadas por metales preciosos, ya que podrn
acceder a nuestros excelentes servicios en su lengua materna.


Bienvenidos a PayByGold!

www.paybygold.com





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[e-gold-list] Re: Who IS this sage? LOL

2003-06-11 Thread James M. Ray
At 8:25 PM +1200 6/11/03, Graham Kelly wrote:

transactions were completed in this time. It was the only ecurrency that
actually came close to competing head to head with e-gold. Competitively,
e-gold admin must have sighed a collective sigh of relief when OSGold
failed.
...

As I kept saying at the time (see archives!) the sound was laughter.

I have had respect for some competitors, but I never showed ANY
respect for OSgold (see archives) and neither did anyone else
'round these parts. You can keep asserting it all you want, but it's
never been true, Graham. Craig (Snowdog, see the archives) was
REPEATEDLY doing the math on their OSopps scam -- LONG
after e-gold booted you (and the other sellers of that crapola!) off
their site -- to many whines (see archives). e-gold was prescient in
that action, and nobody who whined has ever apologized (again,
see the list archives) and/or said hey, maybe e-gold was RIGHT
to distance themselves from that scam, since essentially 'OSgold'
as a currency was a way to keep one Ponzi from getting slapped
with a value limit. Not apologizing's ok, distorting the facts isn't. I
repeat, I *NEVER* showed that scam any respect (see archives!).

If another scam-currency comes along with its own Ponzi and its
own Laurie Dyke to claim 150% backing or some nonsense,
I'll disrespect _THEM_ next! I'm old enough at this point that I'm
unlikely to change, and nobody would believe me if I tried.
JMR



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[e-gold-list] Re: Who IS this sage? LOL

2003-06-11 Thread Craig Spencer
On 11 Jun 2003, at 21:01, Sidd wrote: 

 I doubt very much whether you will understand this because I have
 explained this to you at least twice before. I too share Craig's
 wonder at your motives, do you really not understand this, or is it
 merely convenient to pretend?

A very good question!  It baffles me.  How can anyone run such an
apparently substantial and successful business with so little
understanding?  Even after all this time he still, apparently, has 
no idea what OSGold was all about!

Best,

CCS



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[e-gold-list] Re: DGC, OSgold, exhangers, judgements

2003-06-11 Thread Craig Spencer
On 11 Jun 2003, at 1:26, Robert S.Z. wrote: 

  OSGold was never a DGC.  It was, from the beginning,
  a scam -- nothing else.  
 
 You are right that in reality it never was backed by gold, of
 course, although there were intial claims that it would be.

It has nothing to do with whether or not there was backing.  It was
a just a scam.  They took people's money under false pretenses for the
sole purpose of stealing it.

Someone who offers to sell debit cards for the purpose of taking
whatever money gullible people send and keeping it is not a merchant
with a low inventory; he is a thief.

Best,

CCS



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[e-gold-list] Waay too much spare time!

2003-06-11 Thread Graham Kelly
CCS,

Yes, I can SEE you are baffled! Let me educate you... you are centering
up on the wrong issues. Probably as a result of all that schooling you
received, probably paid for by your parents. Possibly your were a
straight A student? The one voted at school to most likely to succeed in
life?

The issues are; We had 1000's of customers using OSGold... and nobody
forced them to. We had multiple 1000's orders, IN/OUT/EXCHANGE, and
nobody coerced/forced, or in anyway stood over these people. The
ecurrency was real (in spite of what Jim Ray claims, and that laughter he
mentions he was enjoying, was a direct result of OSGold failing, no
doubt!)

Hey, OSGold had a dud CEO... so did Standard Reverse, in SPITE of all the
good input by a part owner, e-gold. The issue is Reed scarpered with a
sizeable amount of loot, and we all lost $$$. So did Elwyn Jenkins. So
what! What do we learn here... ? Is the lesson to AVOID dealing in
ecurrencies, altogether?

Robert was on the right track... go read his post!

The main point is the OSGold demand was customer driven. MANY existing
ecurrency providers  pending ecurrency providers have spent 1000's of
hours racking their brains over this issue... HOW did he get the people
 turnover?. The ones that can up with the answer, They were a scam,
or, they were just a ponzi, or similar, are barking up the wrong tree,
but believe erroneously that they are right (is this the place to quote
the bible verse, PRIDE goes before a fall?) Recently, e-gold hit
records for numbers of spends per day. How many of those spends were for
scams, ponzi's? Is e-gold exempt from scams, ponzis, just because they're
gold backed? Gimme a break!

Incidently, crazy failed BrightPay generated 21,000 customers in their
first 5 weeks... e-gold took YEARS to get to the same level. BrightPay
*were* on the right track. Pity about the weak CEO, had no business
sense, we poured 1000's of hours trying to re-educate him in how to
operate. Unfortunately, we only got access after the ship started
sinking, and we nearly got it floated... The good news is that the
extremely hard working customer service manager, who we had access to,
took my advice... his ecurrency is just about to launch! AND ONLY
existing market makers will be able to IN/OUT/EXCHANGE their ecurrency.
The beauty is, all of the existing providers faults (as we are AWARE),
will not be incoporated into it, and all of the positives, including
Sidds Pecunix type of security, have already been added. Should be a
pearler, let's wait and see.

e-gold admin are learning as they are going along, just like all the rest
of us. Hopefully, Jim Ray is keeping up with the learning curve, whilst
stroking his Colt 45. Hey, there's not a perfect ecurrency, and there
isn't a perfect market maker, (except of course the very attractive Paul
in Estonia, and the lesser attractive Michael in Melbourne!).

My motive is simply to run a honest business, and to protect as many of
us in the industry from crooks/thieves, of ALL descriptions, including
the professional ones. Heck, I even verify people for OTHER ecurrencies
and market makers. As far as I know, all the verified folks haven't run
off with anybodies money/gold/wives... yet!

Guys, find out what the customer wants, and give it to him. We are
working on this ourselves, and e-gold definately needs to work on it as
well. e-gold could certainly take a lesson from OSGold re: their MM
customer service reps. OUTstanding service, nice folks, and good to deal
with. AND very surpised when their boss ran off with the loot.

To quote you, I'm also baffled! AND I have so little understanding of
people who always look at the negative! After all this time, you
obviously don't understand what the customers want... or probably care.
I'm sure you can even tell me which ecurrency will fail next, AND have a
small book on it.

Back to work... I wish I had time for sleep!

Graham Kelly CEO

On Wed, 11 Jun 2003 09:07:15 -0400, Craig Spencer
[EMAIL PROTECTED] said:
 On 11 Jun 2003, at 21:01, Sidd wrote: 
 
 
 A very good question!  It baffles me.  How can anyone run such an
 apparently substantial and successful business with so little
 understanding?  Even after all this time he still, apparently, has 
 no idea what OSGold was all about!
 
 Best,
 
 CCS

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viruses.


[e-gold-list] Historical (hysterical) revisionism.

2003-06-11 Thread James M. Ray
At 2:09 AM +1200 6/12/03, Graham Kelly wrote:
...
The issues are; We had 1000's of customers using OSGold... and nobody
forced them to. We had multiple 1000's orders, IN/OUT/EXCHANGE, and
nobody coerced/forced, or in anyway stood over these people. The

Somebody promoted OSgold (+ their integrated scam) though,
in spite of repeated warnings from a wide variety of sources.

ecurrency was real (in spite of what Jim Ray claims, and that laughter he
mentions he was enjoying, was a direct result of OSGold failing, no
doubt!)

Nah, more like predicted-egg hitting a few deserving-faces! The
one issue you keep not-mentioning is e-gold's prescient warning
to the community, which proved totally-correct. Think how much
better the gold economy would have been without all the waste
and fraud e-gold tried to help it avoid! Over a year of criminality
could have easily been prevented, but wasn't. OSgold _WAS_
going to fail, it was merely a matter of time...

...
well. e-gold could certainly take a lesson from OSGold re: their MM
customer service reps. OUTstanding service, nice folks, and good to deal

Yeah! e-gold could hire a LOT more customer-service types if
they didn't have to keep all those nasty, heavy, yellow pieces of
expensive-metal around! Great idea! (I hope everyone knows
now why I laughed so hard back then?!?) Nobody else's gold
currency inspired an office-pool on when they'd bite the dust, so
I'm not sure what lessons e-gold could learn from the crooks! I
think OSgold's only benefit to the community has been this kind
of unintentional-humor on our list, actually, so keep it up! :^)

with. AND very surpised when their boss ran off with the loot.

In spite of the fact (check archives if you doubt!) that Snowdog
was doing-the-math *repeatedly* on their integrated-Ponzi! I'm
sure Miss Lucy Mell was shocked by Charles Ponzi running off,
too! (See URL below to find out more about Mr. Ponzi.)

To quote you, I'm also baffled! AND I have so little understanding of
people who always look at the negative! After all this time, you...
...

Filtering for obvious Ponzis and/or BS like 150% backed isn't
always looking at the negative, it's being realistic with risks. I
can certainly be fooled, but not THAT easily, or with so many
repeated-warnings (see list archives for details).
JMR

-- 
http://www.mark-knutson.com/

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[e-gold-list] The bet

2003-06-11 Thread Patrick Chkoreff


Hey JP, remember a year ago when I bet you 10gg that by midnight GMT on 
06-Jun-2003, that we would still have no explanation from e-gold why 
their gold assets in reserve continue to slightly exceed the number of 
digital grams in circulation?

Well, the assets still exceed the liabilities and we still have no 
explanation.

http://e-gold.com/examiner.html

Reserve = 1,738,952.90 gg
Circulation = 1,738,717.31gg
Reserve Excess = 235.59 gg

At the time, my position was that this excess was of no consequence and 
did not matter whatsoever.  You took the position that it was an 
unacceptable accounting practice akin to commingled funds.  In any 
event, I maintained that e-gold would not offer any explanation 
regarding the nature of this excess or who owned it.

From all the available evidence, it does appear that I have in fact won 
this bet.  Thanks to my Palm Pilot for reminding me of this.

-- Patrick

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[e-gold-list] Re: Who IS this sage? LOL

2003-06-11 Thread Cambist.net


 From: Sidd [EMAIL PROTECTED]


 
 Can't you see Graham, there were NO BUCKS LEFT to scarper with! The ponzi
 scam had used up all the money... all the issued OSGold was worthless for a
 LONG TIME before the fiasco crumbled. The only thing that kept it alive as
 long as it lasted was because people were not redeeming their OSGold, but
 were putting it back into the ponzi... as soon as enough people decided to
 pull their cash out, that was the end.


Did OSGold actually buy back the currency? Or did the exchange providers buy
OSGold from customers with the funds sent in by new OSGold buyers? OSopps
could pay those returns to early investors and still have money to run with
if the exchange providers were responsible for cashing in the OSGold credits
that were paid out.



- John





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[e-gold-list] Re: Who IS this sage?

2003-06-11 Thread AnyGoldNow SSL
If e-gold had denied OSGold from having/operating e-gold accounts (as their user 
agreement
permits them to do), OSGold could not have exchanged OSGold to e-gold (as they did for 
the
exchange Providers for many months), and the OSGold story would have stopped right 
from the
beginning.

We were not born as an exchange provider when the OSGold experience started, but we 
sure
exchanged a lot of OSGold to e-gold thereafter. (at customer's request)
And the e-gold we were providing our customers with for their OSGold was coming ... 
straight
from OSGold's e-gold accounts  !

So, please all stop this diarrhea of hypocritical messages on that subject and each 
clean up
your own act (or laissez faire, which is not much better) instead of playing 
innocent
virgins on public lists

Regards,

Patrick,
http://AnyGoldNow.com
THE Exchange Provider
Any Gold, Any time, Anywhere
Get  Fund your Cash Card




 Did OSGold actually buy back the currency? Or did the exchange providers buy
 OSGold from customers with the funds sent in by new OSGold buyers? OSopps
 could pay those returns to early investors and still have money to run with
 if the exchange providers were responsible for cashing in the OSGold credits
 that were paid out.



 - John


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[e-gold-list] Re: Waay too much spare time!

2003-06-11 Thread SnowDog
Graham, I have to respond to this. It rubs me the wrong way. :)

 The issues are; We had 1000's of customers using OSGold... and nobody
 forced them to. We had multiple 1000's orders, IN/OUT/EXCHANGE, and
 nobody coerced/forced, or in anyway stood over these people. The
 ecurrency was real (in spite of what Jim Ray claims, and that laughter he
 mentions he was enjoying, was a direct result of OSGold failing, no
 doubt!)

1) No way. No how! There was no POSSIBLE way that OSGold was anything but a
scam, because they were running OSOpps, which paid 45% return on principle
every 3 months. Any and EVERY business which makes a claim like this is a
SCAM -- period.

2) They claimed to be 150% backed by gold!!! There is no way, no how, that
this is possible. This means that every time someone deposits $1000 into
OSGold, that the owners put in $500 of their own money. What would be the
point?

 Hey, OSGold had a dud CEO... so did Standard Reverse, in SPITE of all the
 good input by a part owner, e-gold. The issue is Reed scarpered with a
 sizeable amount of loot, and we all lost $$$. So did Elwyn Jenkins. So
 what! What do we learn here... ? Is the lesson to AVOID dealing in
 ecurrencies, altogether?

1) The Owners of OSGold were thieves, for the reasons outlined above. Plain
and simple.

2) IF Elwyn Jenkins is a thief, then he is by far a less obvious one. Elwyn
Jenkins may simply have been irresponsible. Same result -- different reason,
and if we could determine those who will be irresponsible before they lose
our money, then the better. However, there was no doubt with OSGold.

 The main point is the OSGold demand was customer driven. MANY existing
 ecurrency providers  pending ecurrency providers have spent 1000's of
 hours racking their brains over this issue... HOW did he get the people
  turnover?. The ones that can up with the answer, They were a scam,
 or, they were just a ponzi, or similar, are barking up the wrong tree,

Why are we barking up the wrong tree? They were a scam. They advertised a
scam. They gave the appearance of stability. They promised 45% return on
investment, every three months. What else do you think it was? Customer
service?!?

 but believe erroneously that they are right (is this the place to quote
 the bible verse, PRIDE goes before a fall?) Recently, e-gold hit
 records for numbers of spends per day. How many of those spends were for
 scams, ponzi's? Is e-gold exempt from scams, ponzis, just because they're
 gold backed? Gimme a break!

E-Gold does not run the scams. Big difference. Honest people do not steal
your money, and scams do. E-Gold is trustworthy. Those running scams are
not.


 Incidently, crazy failed BrightPay generated 21,000 customers in their
 first 5 weeks... e-gold took YEARS to get to the same level. BrightPay
 *were* on the right track. Pity about the weak CEO, had no business
 sense, we poured 1000's of hours trying to re-educate him in how to
 operate.

Graham, it's not possible to run a non-repudiable e-currencies which
supplies easy access to money, and you can't have a PayPal without the
repudiation headaches. The two are inseparable, and they always will be.

 Guys, find out what the customer wants, and give it to him. We are
 working on this ourselves, and e-gold definately needs to work on it as
 well. e-gold could certainly take a lesson from OSGold re: their MM
 customer service reps. OUTstanding service, nice folks, and good to deal
 with. AND very surpised when their boss ran off with the loot.

You can't have your cake and eat it too. Don't push a currency unless you
have confidence in it.

Take care,

Craig





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[e-gold-list] Re: Waay too much spare time!

2003-06-11 Thread Mariman Center

S 1) No way. No how! There was no POSSIBLE way that OSGold was
S anything but a scam, because they were running OSOpps, which paid
S 45% return on principle every 3 months. Any and EVERY business
S which makes a claim like this is a SCAM -- period.


You  are  right. So, WHY does e-gold let dozens (or maybe HUNDREDS) of
e-gold accounts used for such scams ?

Moreover,  when I see such services like e-told, that kindly promote
such  programs that are of course scams, knowing that they of course
use some e-gold accounts, WHY does e-gold shut their eyes ?


S E-Gold does not run the scams. Big difference. Honest people do not
S steal your money, and scams do. E-Gold is trustworthy. Those
S running scams are not.


Yes, e-gold *is* trustworthy, no doubt, I think (and I hope :-)

But  e-gold  also  allows  the  scams,  in the same way that those who
helped  OSGold  to  withdraw their money by supplying debit cards, for
example. Not more, not less.
In other words... NO e-gold, NO scam.

So,  IMO, if Graham or anybody else should be crucified, e-gold should
be too.


BTW,  those  people that believe they can get 40% by month (I even saw
once  1,000%  in one month LOL) just doing nothing, NEED to learn what
life is !



Stan
Mariman Center
www.mariman.net



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[e-gold-list] CashCards Customer Service (!?!!?)

2003-06-11 Thread luu wong
Does ANYONE at cashcards ever reply to emails? I funded the purchase of a
cashcard debit card (after no one ever repled to my repeated requests for
the so-called free one) 9 days ago on June 2nd. The e-gold batch number to
cashcards e-gold account 274303 is 173448274. All requests for 
confirmation so far have been ignored i.e NADA response. Are they out of 
business? If not this is sure NOT the way to build a a client base. 

Please please if you guys at cashcards or anyone else can get this order 
through please do so!! 



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[e-gold-list] Re: CashCards Customer Service (!?!!?)

2003-06-11 Thread Patrick Chkoreff


On Wednesday, June 11, 2003, at 04:00 PM, luu wong wrote:

Does ANYONE at cashcards ever reply to emails? I funded the purchase 
of a
cashcard debit card (after no one ever repled to my repeated requests 
for
the so-called free one) 9 days ago on June 2nd. The e-gold batch 
number to
cashcards e-gold account 274303 is 173448274. All requests for
confirmation so far have been ignored i.e NADA response. Are they out 
of
business? If not this is sure NOT the way to build a a client base.

Please please if you guys at cashcards or anyone else can get this 
order
through please do so!!


I hate to say it but back on 16-May I also responded to their offer of 
a free debit card and haven't heard or received anything yet.  A week 
ago I sent a gently worded email asking when I might expect to receive 
it, but got no response.  I wasn't going to say anything publicly until 
16-Jun because the ordinary practice is allow 6 to 8 weeks for 
delivery, but since you bring up the subject I might as well mention 
it.

I agree Luu, this is definitely NOT the way to build a client base.

-- Patrick

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[e-gold-list] Re: CashCards Customer Service (!?!!?)

2003-06-11 Thread Privacity News
Well if this happened to youCashcards must be a scam.



Does ANYONE at cashcards ever reply to emails? I funded the purchase of a
cashcard debit card (after no one ever repled to my repeated requests for
the so-called free one) 9 days ago on June 2nd. The e-gold batch number to
cashcards e-gold account 274303 is 173448274. All requests for 
confirmation so far have been ignored i.e NADA response. Are they out of 
business? If not this is sure NOT the way to build a a client base. 

Please please if you guys at cashcards or anyone else can get this order 
through please do so!! 




Privacity

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[e-gold-list] Re: PATRIOT act and endorsements

2003-06-11 Thread David Gendron
Robert,

No, they don't accept third party checks.  They must be made out to the
account holder proper.

If you want to fly to the USA to open up an account you can go to the US
Bank, www.usbank.com, with the proper documentation and open a corporate
account that will accept 3rd party checks.  At least the account with them
that we have allows us to deposit 3rd party checks.  We used to open
accounts for clients there but after 2 mergers they stopped allowing us to
do so, so you'd be on your own.

The fish was really tasty too!  We actually limited out on Trout, Pickeral
and Pike, 1 species per day of fishing, best trip to date.  Wahoo!

Thank you,

David Gendron, [EMAIL PROTECTED]
VALIS International, http://www2.valisinternational.com
US Bank Accounts and US Business Presence 
Setup for the World


my fish was 

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[e-gold-list] Re: CashCards Customer Service (!?!!?)

2003-06-11 Thread Privacity News
Oh!! so thats two people now that haven't received their product???
Definitely a scam.



On Wednesday, June 11, 2003, at 04:00 PM, luu wong wrote:

 Does ANYONE at cashcards ever reply to emails? I funded the purchase
 of a
 cashcard debit card (after no one ever repled to my repeated requests
 for
 the so-called free one) 9 days ago on June 2nd. The e-gold batch
 number to
 cashcards e-gold account 274303 is 173448274. All requests for
 confirmation so far have been ignored i.e NADA response. Are they out
 of
 business? If not this is sure NOT the way to build a a client base.

 Please please if you guys at cashcards or anyone else can get this
 order
 through please do so!!


I hate to say it but back on 16-May I also responded to their offer of
a free debit card and haven't heard or received anything yet.  A week
ago I sent a gently worded email asking when I might expect to receive
it, but got no response.  I wasn't going to say anything publicly until
16-Jun because the ordinary practice is allow 6 to 8 weeks for
delivery, but since you bring up the subject I might as well mention
it.

I agree Luu, this is definitely NOT the way to build a client base.

-- Patrick



Privacity
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[e-gold-list] Re: Waay too much spare time!

2003-06-11 Thread James M. Ray
At 11:33 PM +0400 6/11/03, Mariman Center wrote:
S 1) No way. No how! There was no POSSIBLE way that OSGold was
S anything but a scam, because they were running OSOpps, which paid
S 45% return on principle every 3 months. Any and EVERY business
S which makes a claim like this is a SCAM -- period.


You  are  right. So, WHY does e-gold let dozens (or maybe HUNDREDS) of
e-gold accounts used for such scams ?

There are full time employees who repeatedly balance-limit
such accounts. Criminals are persistent. It's easy to demand
zero crime, but hard to cause it. So WHAT exactly should
e-gold do about this, besides what they're already doing?

Moreover,  when I see such services like e-told, that kindly promote

Here's another issue, should they censor such people. A
disagreement with their economic ideas shouldn't affect a
minority's ability to use e-gold, IMO. Many people I know
have minority views on a variety of economic issues.

such  programs that are of course scams, knowing that they of course
use some e-gold accounts, WHY does e-gold shut their eyes ?


They have none, all they have is a user agreement with the
ability to do certain things, like value-limit accounts to stop
obvious frauds. The characteristics of better money make it
attractive to a wide variety of individuals, including a few 
greedy  bad ones. e-gold, as I've repeatedly said, is not a
legal system or a cop, it's just a currency. Expecting these
diverse functions (such as extensive investigation) from a 
currency isn't logical (or even desirable, IMO).


S E-Gold does not run the scams. Big difference. Honest people do not
S steal your money, and scams do. E-Gold is trustworthy. Those
S running scams are not.


Yes, e-gold *is* trustworthy, no doubt, I think (and I hope :-)

But  e-gold  also  allows  the  scams,  in the same way that those who
helped  OSGold  to  withdraw their money by supplying debit cards, for
example. Not more, not less.
In other words... NO e-gold, NO scam.

What, exactly, would you do to a scam like The Gold Casino?

They take all sorts of money from idiots, after all (I include Jim
Ray among the idiots here). How should/can e-gold repel such
crooks (or real crooks, and how does one tell the difference? I
happen to think TGC is as honest as any casino) besides what
they're already doing right now?? Remember, many of these
couch themselves in the terminology of games, not investing. I
may not like them, but perhaps they don't like TGC, either! We
are free to boycott eachother!

So,  IMO, if Graham or anybody else should be crucified, e-gold should
be too.


BTW,  those  people that believe they can get 40% by month (I even saw
once  1,000%  in one month LOL) just doing nothing, NEED to learn what
life is !

As I keep saying, the relatively-small returns offered by Ponzi-
himself function as proof of a worrying trend toward economic
illiteracy these days.
JMR


-- 
http://www.mark-knutson.com/

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[e-gold-list] Re: Waay too much spare time!

2003-06-11 Thread SnowDog
 But  e-gold  also  allows  the  scams,  in the same way that those who
 helped  OSGold  to  withdraw their money by supplying debit cards, for
 example. Not more, not less.
 In other words... NO e-gold, NO scam.

 So,  IMO, if Graham or anybody else should be crucified, e-gold should
 be too.

In all fairness, I have to admit that this is a good point. Why didn't
E-Gold 'balance-limit' OSGold's account? I don't know.

Craig




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[e-gold-list] Re: CashCards Customer Service (!?!!?)

2003-06-11 Thread AnyGoldNow SSL
Luu,

No, Cash Cards is not out of business !
In fact, they a re way too busy processing orders !

Just get your Cash Card from us, and fund it any way you like through us as well :

http://AnyGoldNow.com

Regards,

Patrick,
http://AnyGoldNow.com
THE Exchange Provider
Any Gold, Any time, Anywhere
Get  Fund your Cash Card



 Does ANYONE at cashcards ever reply to emails? I funded the purchase of a
 cashcard debit card (after no one ever repled to my repeated requests for
 the so-called free one) 9 days ago on June 2nd. The e-gold batch number to
 cashcards e-gold account 274303 is 173448274. All requests for 
 confirmation so far have been ignored i.e NADA response. Are they out of 
 business? If not this is sure NOT the way to build a a client base. 
 
 Please please if you guys at cashcards or anyone else can get this order 
 through please do so!! 
 


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[e-gold-list] Re: Graham Kelly thinks fast and dishonest is better (was: Who IS this sage? LOL)

2003-06-11 Thread Sidd
Graham Kelly wrote:

: Why not ask the hard
: questions, like how in heck did Reed get such a large customer base?

Why is this a hard question? The answer is obvious... offer 35% per month
returns to stupid gullible people and they will jump at it... then cry like
babies when they lose their money.

: When you figure out the answer to the
: question, Pecunix will be a winner; and not a minute before.

Pecunix is already a much more successful winner than OSGold ever was...

Furthermore Pecunix will never operate a ponzi scheme in order to increase
the customer base

Furthermore, Pecunix will actively discourage ponzi's and other criminals
from using the system.

e-gold started slowly, and is now big and strong... it is infinitely more
successful than OSGold
Goldmoney started slowly and is growing well... it is infinitely more
successful than OSGold
e-bullion started slowly and is going well... it is infinitely more
successful than OSGold

Pecunix started slowly and continues to grow well... it is infinitely more
successful than OSGold. Pecunix is already growing MUCH faster than e-gold
did in the beginning, this sounds like a winner to me.

OSgold started fast and FAILED
BrightPay started fast and FAILED

Watch INTGold... started fast and there is ample evidence as to the
reason for the rapid growth of INTGold. It will be interesting to see how
long it lasts. Just because the ponzi(s) aren't called INTOpps doesn't
mean they don't exist.

Don't you believe in fairy stories Graham, never read the story of the
tortoise and the hare?

Sidd. 


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[e-gold-list] Patrick WINS the bet !!

2003-06-11 Thread jpm
Patrick Wins!!!

I bet that e-gold would explain the mystery 250 grams -- they have not.

Will they ever?

I am now paying Patrick 10 grams via 1mdcGrams..


1mdc-grams spend confirmed:
   10.000 grams spent irrevokably
   at 2003-06-12 00:39:12.


Now, what's to become of the extra 1/4 kilo ?



Hey JP, remember a year ago when I bet you 10gg that by midnight GMT 
on 06-Jun-2003, that we would still have no explanation from e-gold 
why their gold assets in reserve continue to slightly exceed the 
number of digital grams in circulation?

Well, the assets still exceed the liabilities and we still have no explanation.

http://e-gold.com/examiner.html

Reserve = 1,738,952.90 gg
Circulation = 1,738,717.31gg
Reserve Excess = 235.59 gg

At the time, my position was that this excess was of no consequence 
and did not matter whatsoever.  You took the position that it was an 
unacceptable accounting practice akin to commingled funds.  In any 
event, I maintained that e-gold would not offer any explanation 
regarding the nature of this excess or who owned it.

From all the available evidence, it does appear that I have in fact 
won this bet.  Thanks to my Palm Pilot for reminding me of this.

-- Patrick



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[e-gold-list] Re: Patrick WINS the bet !!

2003-06-11 Thread Patrick Chkoreff
On Wednesday, June 11, 2003, at 05:40 PM, [EMAIL PROTECTED] 
wrote:

Patrick Wins!!!

I bet that e-gold would explain the mystery 250 grams -- they have not.

Will they ever?

I am now paying Patrick 10 grams via 1mdcGrams..


Awesome!


1mdc-grams spend confirmed:
   10.000 grams spent irrevokably
   at 2003-06-12 00:39:12.
Phenomenal!


Now, what's to become of the extra 1/4 kilo ?
Seems like they could clean up the books by just issuing the extra 
235.59 digital grams into a new e-gold account and deeding that account 
to whoever currently owns that slice of gold.  Unless for some reason 
the owner objects to that asset being represented in the e-gold system, 
though I can't imagine why.  That's probably because I am not a lawyer.

-- Patrick


Well, the assets still exceed the liabilities and we still have no 
explanation.

http://e-gold.com/examiner.html

Reserve = 1,738,952.90 gg
Circulation = 1,738,717.31gg
Reserve Excess = 235.59 gg


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[e-gold-list] Re: OSstuffing The Fifth

2003-06-11 Thread jpm
hear, hear!

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[e-gold-list] INTgold (was:Re: OSstuffing The Fifth)

2003-06-11 Thread James M. Ray
At 10:13 AM +1000 6/12/03, [EMAIL PROTECTED] wrote:
hear, hear!

...

I know! Can someone tell the list about this new INTgold thing?

Is it on the level? What do they provide that existing currencies do
not? Who are the principals? Who wrote the system?? There are
all sorts of questions -- and it's true, the archives have the entire
OSgold debacle anyway, in microscopic detail!
JMR


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[e-gold-list] Re: INTgold (was:Re: OSstuffing The Fifth)

2003-06-11 Thread Robert S.Z.
 I know! Can someone tell the list about this new INTgold thing?
 
Thanks Jim :o)

All I know is that we actually dealt with them a couple of months ago
without realizing that they were a budding DGC (I'll stick to DGC until JP
explains the implications of A becoming bi).
At the time we bought some VirtuPay$ from them for a client of ours. It
took them two days to fill the order, but they did come through and one
can't hold the delay against them, considering that VirtuPay was never
widely accepted or exchanged.

Anyway, INTgold's admin asked ours if we'd exchange banners which we
couldn't do because we don't have a banner page (well, that was before
www.thegoldindex.com ).

The current take on them seems to be that they are growing steadily, have
about 25,000 accounts and 13KG in reserves - although they don't seem to
say where.
I like the idea of getting my cards directly from the DGC operator and the
incentives they claim to offer are sales based and hence feasible.

So far so good, I'd say. Time will tell.

Cheers,
Robert.

budget  privacy website hosting
http://www.cyberica.net
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http://www.u2planet.com


pre-emptive, anti-flame, non-endorsement notice: 
I didn't endorse anyone, neither did I recommend anyone. I just stated the
little I know about one DGC operator after being prompted to do so.
We did however, recently open an account with them simply to have one when
the need arises:
https://intgold.com/m/goldreserve.cgi/24842  click and make us rich!
However, we have accounts with all other DGC that claim to be gold-backed,
as well, and ultimately do most of our business with e-gold and 1mdc -
well the parts we are not doing with credit cards, which are still
substantially larger.
-

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[e-gold-list] Re: OSstuffing The Fifth

2003-06-11 Thread Katz Global Media


that was the longest debate about a piece of spam I have ever heard... lol...

Robert,

I have often thought about such situations... we have a way to buy vehicles 6-30 at a 
time and flip them on the market at about 210%
of the cost in 3 months or less. 30k buy in minimum, and yes we have thought about 
reaching into the hyip variant to arrange the
funds. From our experience, we have seen a lot of hyip scams and some that payout on 
time. We have put up stronger pricing
enforcement for such sites becasue of the people who hit and run on our servers. But I 
think it is risky to use that method for
fundraising becasue if something did go badm your companies reputation is on the line. 
Is that worth the risk?

Gordon
www.katzglobal.com



- Original Message -
From: [EMAIL PROTECTED]
To: e-gold Discussion [EMAIL PROTECTED]
Sent: Wednesday, June 11, 2003 5:13 PM
Subject: [e-gold-list] Re: OSstuffing The Fifth


 hear, hear!


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[e-gold-list] Re: OSstuffing The Fifth

2003-06-11 Thread Robert S.Z.
 I have often thought about such situations... we have a way to buy vehicles 6-30 at 
 a time and flip them on the market at about 210%

Hello Gordon,
Thanks for bringing another example. It is actually *not* that difficult
to make amazing profits overseas. And some smart people who have the
connections may well be running serious and legitimate HYIPs.

 From our experience, we have seen a lot of hyip scams and some that payout on  
 time. We have put up stronger pricing enforcement for such sites becasue of  the 
 people who hit and run on our servers.

Well we did get burned once actually. Luckily our servers had been full
and the new ones weren't ready yet. So we farmed the client out. What a
stroke of luck! Must be my good Karma ;o) Turns out that the guy was a
crook and we had him shut down within two weeks and informed e-gold and
others. It does seem that he didn't get away with the cash either.

Of course, in the end it's all in the wording of the site. If an HIP
hosting customer starts his site with Don't invest more than you can
afford to loose and goes on saying that high profit potential bring high
risks, etc, then we might quizz him, but are likely to host him. If he
explains to us that he trading tangible goods and the concepts make sense,
then we will almost certainly host him.

If he starts requesting URL redirects, DNS services and Crontabs, then we
will almost certainly not host him - even if he offers ID, deposits etc.
If it smells like fish, it rarely flies ;o)

 But I think it is risky to use that method for fundraising becasue if 
 something did go badm your companies reputation is on the line.
 Is that worth the risk?
 
Certainly not! Our financial services side has a investment management
subsidiary and while they do like to syndicate third world micro-loans, to
boost their bottom line, the main fields are low-cost housing and
agriculture. As boring as it gets, I know. But steady and safe.

So what about those cars? Just kidding...

Cheers,
Robert.

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http://www.u2planet.com



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[e-gold-list] Re: Waay too much spare time!

2003-06-11 Thread Mariman Center

You  are  right. So, WHY does e-gold let dozens (or maybe HUNDREDS) of
e-gold accounts used for such scams ?

JMR There are full time employees who repeatedly balance-limit
JMR such accounts. Criminals are persistent. It's easy to demand
JMR zero crime, but hard to cause it. So WHAT exactly should
JMR e-gold do about this, besides what they're already doing?


What  I  want  point  is  that e-gold has often some strange attitude:
Putting  balance  limits  on  some accounts where people simply do not
WANT  to  tell about their address for good reasons, and in the same
way, allowing massive scams as long as scammers simply pay for a true
address anywhere in the world (pay with e-gold :-)
Moreover,  when  a  new  e-gold  account suddenly receives hundreds of
payments,  from a website that is easily checkable, I think that it is
EASY to detect a scam !

And  I  am  sure  that e-gold has systems to detect such things on the
accounts.  So,  WHY  doesn't e-gold simply lock any account, regarding
the  nature  of  the  website ? Censorship ? No, simply the right of a
commercial company to avoid beeing involvd in scams !


And what I want also show is that there are 2 different attitudes: One
regarding  e-gold  that  has  all  rights  and  one  regarding  the
market-makers  that  are crucified as soon as they make the same thing
than e-gold (allowing scams).


Moreover,  when I see such services like e-told, that kindly promote

JMR Here's another issue, should they censor such people. A
JMR disagreement with their economic ideas shouldn't affect a
JMR minority's ability to use e-gold, IMO. Many people I know have
JMR minority views on a variety of economic issues.


Why  don't  you  at  e-gold  put  in  the Directory, these wonderful
investment programs ? because you have some kind of morality  :)

E-told simply makes his money with advertizing for scams.

Moreover, when I read the e-told letter that somebody kindly sends me,
when I see e-told redactors writing This program is strange, the
admin stopped replying since 2 weeks...It makes me think So, this is
a scam, BUT others are not, because the admin still replies!

By  allowing  some  admins to publish their results every day before
they disappear, e-told is DIRECTLY involved in their scams.



JMR They have none, all they have is a user agreement with the
JMR ability to do certain things, like value-limit accounts to stop
JMR obvious frauds. The characteristics of better money make it
JMR attractive to a wide variety of individuals, including a few
JMR greedy  bad ones. e-gold, as I've repeatedly said, is not a
JMR legal system or a cop, it's just a currency. Expecting these
JMR diverse functions (such as extensive investigation) from a
JMR currency isn't logical (or even desirable, IMO).


IMO  anyway,  I  think  that people should be adult, and if they loose
what they earned bybeeing stupid, well... That's their problem.

But  so, no difference of treatment should be made between e-gold that
isn't  a cop and market-makers that aren't cops. And who both make
profits from the scammers :-)



JMR What, exactly, would you do to a scam like The Gold Casino?

The Gold Casino is a scam ? I don't know this Gold Casino, but I guess
that it is a ..casino, right ?

Casinos  are  games  where people know that they can win and loose. As
far as I know, nobody in casino promises only earnings.

Morevoer,  HYIPS  claim  to  INVEST  the  money,  despite  they invest
nothing,  and use it for their own needs. There is treachery here too.
Casinos announce some games, and users have some games. They have what
they pay for.


JMR Remember, many of these couch themselves in the terminology of
JMR games, not investing.


No, most of them claim to invest in some markets, etc. I don't speak
here about lotteries or other GAMES, that are GAMES and are really not
scams.


Stan
Mariman Center
www.mariman.net



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