>From: "Michael Moore" <[EMAIL PROTECTED]> wrote:
>
>That is not what I mean't,

I didn't mean that YOU support thieves. From what I've read on this list you 
have issues with the egold guys over something like this already.

My poiht is that yes a million bucks is a lot of money. But ten thousand 
bucks is a lot of money too. If someone is ripping someone else off for ten 
thousand teh deal goes through.  If it is for one million it doesn't.

If there are special provisions for the one million transaction there should 
be provisions for all transactions or SOME indication of where teh cut off 
point is.

Why all this pretending that egold and Omnipay are separate companies??? 
Egold and Omnipay are run by the same people according to posts to this 
list.

Let's try this little test. Someone called Omnipay complaining that there 
were irregularities iwth Costa, etc., etc., etc. What would happen if a 
bunch of us called up crying about irregularities with $100K transactions? 
$10K transactions? $1K transactions? $100 transactions?

At some point when Omnipay has enough money to actually write the checks 
tehy'll tell us to take a hike and read whichever user agreement they find 
convenient.  When thye donm't have enough money in the bank they'll pull out 
all the stops to "help" and post explanations to teh list.

Why is it that when these guys are wearing their egold hat it is OK for them 
to say that transactions are irreversable but whenthe exact same guys are 
wearing their Omnipay hat it is OK for them to reverse?

This company is underfunded and scared of large transactions. Pure and 
simple.

---

2.3. Protection of Passphrase

2.3.1. User is responsible for the protection of User�s Passphrase that 
gives access to User�s e-gold account. User agrees that, in the event of the 
loss or misuse of User�s Passphrase, Issuer disclaims all liability for such 
loss. User shall indemnify and hold harmless Issuer for relying on 
transactions authorized using User�s Passphrase prior to such time as User 
notifies Issuer that User�s Passphrase has been compromised.

2.3.2. User acknowledges and accepts that in the case of a claim of 
unauthorized Spends, the presumption shall be that all Spends are authorized 
by and are the liability of the User. However, if User establishes to the 
satisfaction of Issuer that value was diverted from User�s Account due to a 
breach of e-gold system security, then Issuer shall restore the diverted 
value.

2.3.3. User must not divulge User�s Passphrase to anyone else, nor may User 
use anyone else�s Passphrase. User agrees that Issuer will treat any person 
accessing User�s account using User�s Passphrase as the User.

2.3.4. Issuer is not responsible for losses incurred by User as the result 
of User�s misuse of a Passphrase.

2.3.5. User agrees that any action taken by any person using User�s 
Passphrase shall be binding on User and all other parties with an interest 
in that account.

2.4. Irrevocability of Spends

2.4.1. User agrees that all Spends initiated by User are final and not 
reversible.

2.4.2. User is responsible for all Spends from User�s e-gold account, except 
as provided in section 2.3, even if the instructions provided by User are 
incorrect.

2.5. Disputes Between Users

2.5.1. Any disputes that arise between Users are not the responsibility of 
Issuer.

2.5.2. User acknowledges that e-gold is not an escrow service, and that 
Issuer does not make any guarantees regarding purchases made when using the 
e-gold service. User acknowledges that Issuer does not ensure the quality, 
safety, or legality of any merchandise received, nor that the seller will 
even ship the merchandise.

2.6. Indemnification

User agrees to indemnify and hold harmless Issuer, its agents, affiliates 
officers, directors and employees from any claim or demand whatsoever 
relating to or arising out of User�s use of the e-gold system, except for 
any loss caused by negligence or willful misconduct of Issuer.


---

>I was pointing out that
>
>quote.
>
>Specifically, we have received communications indicating that the
>password(s) for Costa Gold have been compromised due to inadequate
>security at Costa Gold, and have also received these conflicting 
>instructions:
>
>2.  Instructions to fulfill the orders immediately.
>
>3.  Instructions to stabilize the value.
>
>4.  Instructions to cancel the orders and refund the e-gold.
>
>end quote.
>
>under those circumstances which instruction would YOU accept without
>verification?

Depends on if I am wearing my egold hat, Omnipay hat, or underfunded company 
hat.

>It appears from your answer any instructions blindly accepted will do.

egold says

2.4.1. User agrees that all Spends initiated by User are final and not 
reversible.

I agree with egold who is run by THE SAME EXACT GUYS WHO RUN OMNIPAY!!! The 
only logical alternative would be that I disagree with egold's 
irreversability policy.

THE SAME EXACT GUYS are pursuing conflicting policies depending on which 
side of their mouths they are talking out of. I couldn't care less whether 
Costa or any of the other scams that egold supports loses money or not. All 
I want is consistency in the policies and their enforcement.

There are a lot of us out here who have some significant business to 
transact and I DON"T mean pyramid scams! But none of us will touch egold 
with anything significant until they get their story straight or we find 
something better.

>kindly duplicate what I am saying without infering I condone criminal
>actitvity

That was an unfortunate use of the word "you" in my previous message. I 
meant "one". I followed your story a few months ago and apologize for 
implying that you were what egold accused you of.

By the way why aren't you listed as an egold market maker? Did you get out 
of the business or were you kicked out?

KR
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