When will e-gold come to life?

I can’t understand whether e-gold will leave the market at all or on the contrary it will come to life? I have no clue why it is still alive, why Chinese use it, why it doesn’t pay by wires and finally what to wait from this processor??? I figure it’s time to refuse e-gold and to find something else. So, I’ve got a question to the experts:
-What shall we wait from e-gold, why do people still use it and does this system has any future?
-Which payment processor to choose for money transfers instead of e-gold, whom can I trust?

 

Egold was built off a ready rocky foundation, with not so strict rules. Egold has horrible service, I've called them no one picks up. I think it's just there for now, but chances are it's going to die out in the future. The best payment processor to use is PayPal or AlertPay in my opinion.

 

Here is an interesting post on the e-gold situation
http://mashable.com/2008/07/21/e-gold/

 

Simple: E-gold will never come to life

 

egold will never come to life is true but egold will never die that is true also
egold is 100 % wrost service i have used but i have to use it sometimes

 

Take a look at A New Beginning by Douglas Jackson, the head of e-Gold.

I am not too optimistic, because of this:

Douglas Jackson faces a maximum prison sentence of 20 years and a fine of $500,000 on the conspiracy-to-engage-in-money-laundering charge, and a sentence of five years and a fine of $250,000 on the operation of an unlicensed-money-transmitting-business charge.​

 

His current moves are most likely motivated by a strong desire to receive a lenient sentence.

 

i do not think it wille ver come back to live, egold is loosing value, there are problem cashing out egold and you pay huge fees

 

Personally I hope it never "comes to life". It's too hard to get money in it and there's just a tonne of scammers there.

 

E-Gold is the equivalent of off-brand generic pharmaceuticals. You never really know if it's going to work just truly as well as the origional, so a lot of people just choose to steer clear, thus reducing the acceptance. Moreover; the worlds largest marketplace (basically), eBay, is the parent company of paypal...and they have what they call a "strategic synergy plan"...which basically just means anti competition, and impossibilities for any alternative.

Hell, they (eBay) stopped PPC advertising with Google when Google launched Google Cash, because they thought it was competitive.

If only .

 

Egold, in my opinion, will never come to life, not because their rubbish or anything like that, but because PayPal is too big for them to compete with...

 

egold, nice idea but still long way to go

 

That's because it's a lot easier to get money into and out of PayPal.

 

I'm not sure people really understand what e-gold is. When I checked into it I discovered on the sight that it is not a liquid availability of funds, but a market account for the purchase and sale of gold. In order for it to actually turn into money, you have to couple the subscription with an exchange agent. They give some links to those, but there are two accounts for the one. As a popular payment processor I doubt that e-gold is viable. But for people who like the aspect of holding gold as a commodity, it could really rock.

 

I've worked in the Gold Bullion Department of a bank, so I can tell you from experience, that the gold warrants are good wherever they are stored.

 

A gold warrant is like a check. It represents a bar of actual gold. If you trust e-gold for its vaults, then your account is safe. It is not the same as buying stock and having it in the name of the broker; but if you trust the broker, you determine that it is the same. You can buy and sell at will. It is impossible to buy your own gold unless you are a bank. I mean, in bullion form.