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E-gold lose its value

Discussion in 'Payment Processing' started by Raining Blood, Jul 30, 2008.

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  1. #1
    There are many local ecurrency exchangers here in my area, they used to have buy-sell e-gold but most of them now don't do any e-gold transaction. Some of them still, but only SELL, they do not buy your e-gold. How much to buy 1 USD e-gold? It's now only around 0.45 USD!

    1 USD e-gold = 0.45 USD :eek:

    All known exchangers have already stopped anything related with e-gold. Robox, exchengine, superchange, wmirk, etc.. none of them list e-gold as their ecurrency on the exchange service.

    What about those who still have enough balance at their e-gold account? Kiss the money good bye? Probably.

    If you search hard enough, you'll still be able to cashout your e-gold balance. You can sell it and have the money wired to your bank account. For example, this exchanger will accept to buy your e-gold. Surprisingly, for your 100 USD e-gold you will get 5 USD minus wire transfer fee... LOL

    Cheers.
     
    Raining Blood, Jul 30, 2008 IP
  2. poshswinger

    poshswinger Active Member

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    #2
    That's because there are always some rumors that E-gold will be closed in the coming November.
    Personally, I don't believe in that.
     
    poshswinger, Jul 30, 2008 IP
  3. RedXer

    RedXer Peon

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    #3
    What happened to all the stories about e-gold owners being indicted for money laundering last week, did those turn out to be fake?
     
    RedXer, Jul 31, 2008 IP
  4. -whynot-

    -whynot- Banned

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    #4
    all stories was true,and no one know what will happen in next but i saw some Legit sites which still by e-gold with 20% cash out rate!
     
    -whynot-, Jul 31, 2008 IP
  5. sabrina23

    sabrina23 Banned

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    #5
    They have stopped using e-gold before because of legal issues before plus the fact that a lot of the accounts in e-gold have problems logging in. I myself were using e-gold but stop using it after a lot of IP problems logging into it. That maybe the reason why lots of company stop using it.
     
    sabrina23, Aug 1, 2008 IP
  6. mentos

    mentos Prominent Member

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    #6
    Yes its not true as you can seen from their official blog
    http://blog.e-gold.com/
     
    mentos, Aug 1, 2008 IP
  7. faith janine

    faith janine Banned

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    #7
    It so happen that e-gold got some issues about the money laundering thing if not they could much up with paypal before.I think they should need to improve its system as not log in IP problems would happen again
     
    faith janine, Aug 1, 2008 IP
  8. hithit

    hithit Peon

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    #8
    Its really terrible,maybe i should give up e-gold now:(
     
    hithit, Aug 1, 2008 IP
  9. angelinasusanto

    angelinasusanto Peon

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    #9
    last time a friend of mind, his egold account was hack by someone and the hacker was rip off his money. LOL
     
    angelinasusanto, Aug 1, 2008 IP
  10. linksubmit

    linksubmit Guest

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    #10
    I know other sites and people who exchange it for a much higher rate.
     
    linksubmit, Aug 1, 2008 IP
  11. kush86

    kush86 Well-Known Member

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    #11
    kush86, Aug 1, 2008 IP