LOL, I was just kidding Breaker Dorky, take it easy. lol.. Just making this thread busy and Merry. I think Pete meant by 'the oldies' are long time members of mmg.

I am tall white and handsome as well. like you. As most people in my country are saying, only the carabaos (oxes and bulls) gets old but strong.

2 more days for my payout.

Good Day/Evening to all.


*

Hiya Pete,

Check your gold... I just made another deposit!
I await your receipt...

Hi Pete,

Just wondering if i do an upgrade deposit

each deposit will have their own maturity date or everything roll in one?

Hi redrocks,

I don't see Pete around at the moment, so I will tell you from my experience. What you have said is correct. Each upgrade his its own maturity date.

I hope I have helped.

Breaker Dorky

Thanks Dorky,

That is correct, each spend is a separate contract.(for the benefit of all)

@ Hale Bopp, received and receited............Thanks

@ Hattrick Paid

@Mycellatlunch Paid

Thanks one and all for your strong support, no financial hernias here.

Classy Lassie, what a pleasure it is to have you with us, thanks for your support (I promise to wear it forever)

Pete

Dorky and Hale, No one seems to really know what's going on, I take it that the site is closed, but a little birdy told me that a similar forum, that looks to offer some interesting non-financial topics could be on the horizon. I hope this is the case, because sometimes it is nice to talk about things other than money.

Meanwhile, my shout, order up, and I will pick up the tab.

Pete

Paid for the first time and respent. Thanks Pete!

Congrats to all that have been paid and i just have to report to all the Aussies that it has rained all day here again and i just hope that it heads your way soon........

GP

pete...
do u accept other currency other than egold and ebullion like AP or CEPTrust???

It looks like you all are having lots of fun here. So exactly what kind of support would you be wearing there, Pete......hose? LOL, JK!

I've been monitoring this program from its' start-up, and have spoken with Pete often about it's progress. It's a solid program with solid outside income sources, unlike the majority of the programs you see around. I may be stepping out of bounds here for my first post in this thread, but I've had a thought I'd like to share, and Pete can step in if he doesn't agree or feels I'm off-base.

During this time of flux with Egold, many have considered out exchanging. Some are finding that process slow/trying/expensive. Would it not make more sense to send your gold to Pete's program as when HE out-exchanges it, at least those funds are still earning for you, and in real business ventures?

Bonus is, you don't have to take payment back to Egold right away, like in other programs, but rather, you can roll those funds over if you wish which gives you the chance to earn, but also sit back and monitor the Egold situation for awhile in peace. If things with Egold settle down, you can decide to take payment back to Egold. If not, Pete has the option to create a contingency plan for paying returns...different processors, etc.

Of all programs listed here at MMG, I find that Pete's is one of the very few, if not the only one, that is financially savvy/sound/flexible enough to be able to accomplish this. Given the Egold situation, sending your gold to Pete is like having your cake and eating it too, in my view. I'm one to put my money where my mouth is. Pete has all my gold now. Something for others to consider while they try to decide what's the best way to ride out the current Egold storm. In light of all that's gone on lately, I find Pete's avatar so very perfect.


@ Dorky, being a lady and all, I'll have just ONE of those giant drinks you're serving up, k? Thanks.

Thanks for that glowing first post Classy Lassie.

I have a lot of members asking about CEPTrust, I have been reluctant to take on another U.S. based processor for obvious reasons.

Due to the demand, I will promise to look very closely at CEPTrust, later on in my day, I should have come to a conclusion, so stay tuned.

Pete

I have never used it but i have a CEP account and i am having it verified at the moment, still don't know much about them though and i am finding it hard to know which way to jump with the e-gold saga.

I also have an e-bullion account set up now.

Any ideas which one is going to be the safest bet Pete?

GP

PS: I was just listening to the news and they kept saying the magic words Break The Drought sadly for you Queenslanders it looks like this lot of rain missed you

Well, I for one would be glad to see it happen. I haven't mentioned it before to you, Pete, 'cause I have heard heard/read your opinion on other PP's before, especially those in the good ol' USA. But in light of the e-gold issues of today, I have grown very concerned about this "currency" and feel we may all just be trading around funny numbers on a computer screen. I have a CEPTrust account and have found them to be very reliable and expedient with support issues. I know there is currently a question of their licensing or something like that. I am not very well versed on the topic, but I am sure a lot of info can be found on the CEPTrust forum. I personally would like to see CEPTrust added as an option (not to mention I was about to find a way to convert my CEPTrust holdings to gold for another special deposit ) But whatever the outcome on CEPTrust, I would like to see another PP option. I have to admit, egold has me a bit nervous ...

P.S. Receipt received - Thanks Pete!

First things first:

Mark@G.P. paid

Ninong paid

Ganesh paid

Slappy paid

echan paid

More on CEPTrust a little later, in fact I will give you my whole take.

Pete

Just another no fuss on time payment.......

5/18/2007
05:18 Payment Received X084XXXX Gold +2.371017 X27XXXX 1,562.50 USD 659.00
From: XXXXX
Memo: BTD

Pete i was going to hang on to that payment and marry it up with next Fridays payment to go fortnightly but i think my e-gold would be better off with you so i will send you another $1,250 and just get you to roll my spends over from now on if thats ok.

So that will be 2 x $1,250 spends and 1 x $2,500 spend for each month.

Any problems just PM me.

Thanks heaps, i'm off to work for my 2 hours of Light Duties!

GP

PS: Congrats to all the other BTD members that have just been paid.......

PPS: There's a present Pete....

5/18/2007
06:26 Payment Made X084XXXX Gold -1.896813 X27XXXX 1,250.00 USD 659.00
To: XXXXX
Memo: Thanks Pete - Mark / GP

@ Global, that's fine.

I am going to throw the payment processor issue open to debate.

First of all, a little about the workings of the BTD System:

In order to make our plan work, we need the best timing possible, waiting up to 7 days to fund an account, and up to 7 days to cashout of an account, just does not work for us.
We rely on being able to transfer money to clients, seamlessly, we also must be able to move funds back and forward between the program and the members with the same speed and reliability, remember that the lead time between in and out exchanging means that for that period of time the program earns nothing, nor do the members.

What is my feeling on the current e-gold situation?

I believe that at the end of the day e-gold will continue to function, not as before, but with a decent verification process. Whether it is known as e-gold or has some other offshore identity, The same applies to e-bullion, they just have not taken any hits yet, but in the case of both companies, they are big, and financially in a position to make all of the necessary changes, to keep the authorities happy. In reality I don't see it as such a bad thing if the verification issue is cleaned up.In short I feel e-gold is as safe as anywhere in the current arena, we just have to be a little more patient with out-exchanges, and a little more versatile (use as many processors as we can).

A.P.

I have an A.P. account, which I have never used, the reason I have not used it is because I got such a run-around with the verification process, that I thought if it is as slow as this when I have no funds in here, how will it suit me when I do? I know others have had good experiences with A.P.

CEPTrust

I have a number of concerns here.
1/ These guys are, it seems in exactly the same legal position that EMO was in when they got crunched, undeniably transmitting money without a license.

2/ The need to open a U.S. bank account seems to me to be a difficult situation, if the hatchet ever drops, all of our funds are tied up between CEPTrust and the U.S. banking system, we all know the feds are getting tough on banking transactions.

3/Back to the time factor, slow to fund , slow to withdraw funds.

4/ If the crunch came tomorrow on all payment processors (and it's hard to believe that any will be passed over in the long run), how capable would CEPTrust be of fighting for their rights, as opposed to e-gold with millions in reserve.

Well where can we go

I sorted my problems out with aussiedebit card, and it was no ones fault, least of all their's. My card is working well, I am able to fund it by e-forexgold, and cash out at ATM's, Goldex has been fine for e-bullion, e-gold is temporarily suspended, until there is some more cash in the system.

Aussies, I can pay you by postal order, this is the cheapest, and best system available, payments are restricted to $2000 AUD per time, your I.D. is required at both ends to withdraw to cash, or you can simply bank it like any other cheque overnight postage is about $1.00 AUD to most places.

I am still working on card to card transfers.

Now guys and gals, it's over to you to throw your opinions into the mix.

Pete

Received and redeposited to Sallygold's. Thank you Pete.

E-gold is really now becoming a headache and scary for me, but you are right Pete, we just need some patience for it.


CONGRATS TO ALL BTD MEMBERS WHO GOT PAID TOO.

Just thought I'd let you know.

I have just completed 2 outexchanges today.

1to aussiedebitcard via e-forex gold.

1 to e-bullion via exforexgold.

It is still there folks, anybody interested in a true offshore account, please P.M. me

Pete

Thanks Pete .... i recieved mine

Congratulations to all that got paid!

Zed

Paid and respent. thanks Pete

This was just posted at MMG and also posted at the CEP Forum :

Dear Members,

We have been making continuous efforts to ensure the longevity of the
program through various licensing and security measures. However,
yesterday we became aware of a significant administrative deficiency that has
resulted in the halting of transactions to and from CEP. We are doing
everything in our power to seek the highest assistance in fixing this
problem as quickly as possible so we can continue to support our members.
Unfortunately, we do not have a time frame for when we will resume. CEP
forums and accounts will remain open, but daily monetary transactions
cannot be conducted during this time. As we are able, we will keep you
informed. Further information is not available, so we request that you
do not submit tickets or e-mails regarding this matter. Thank you for
your patience and continued support and prayers.

Thank you,

All the staff at CEP

What about CEP Trust ? Is it still possible to withdraw or deposit money ?

Pierre

Thanks for your post Pierre.

This is perhaps the kind of situation that has been nagging away in the back of my mind, although I know nothing other than what I just read in your post, I would take it to mean that they are not operating at the moment.

Thanks for the PM's, I am going to sort through the various info that has been passed on to me, yesterday I found links to a traditional banking system run on discreet lines offshore in Vanuatu, a Pacific country with a similar banking model to the Jersey Islands, and the Caribbean Islands
the difference being that behind these accounts is a known international bank. I have by no means got all the info I need, but at this point it looks promising with 24/7 support and Internet facilities.

Next step is to telephone them on Monday, and ask the questions that I have.

More on this later.

Pete

Well, that's a lot to chew and unfortunately I am not "learned" enough in the PP area to speak intelligently. I do understand the CEPTrust concerns and I have never thought much of AP due to their fees I must say. Being a U.S. citizen, of course the banking issue at CEPT doesn't bother me. But if the cards work well and you truly believe e-gold will be fine, I trust you will lead us in the right direction. I'm sure that didn't help much, but it's all I could think to say. I am going to research e-forexgold a bit to see what they are about...

P.S. Pete I sent you an email...

Thanks Pete for my first payment received. I was pleasantly surprised to see the money sitting there in my E-gold account. I think you have sent the money a day earlier? Well, investing again now and I am adding little more..

Great going..

Thanks Ganesh and Hale, I did get your email, thanks.

Pete

Paid and respent with this Batch 80904332

thanks Pete

If you put the above message about CEP together with the message below that the Coastin88 members got at the same time regarding restructuring, they look like they are on shaky ground and certainly aren't instilling confidence in anyone. I did read this morning where CEPTrust was processing transactions again though, Pierre. Regardless, I don't think, considering all this, that CEPTrust is a wise choice for BTD to use at this time. JMHO.

Dear members,
We are currently making administrative changes to our website and undergoing a restructuring process. It is likely that the rates of the commissions will drop in order to adhere to newly prescribed operating standards. Further information is not available, so we request that you do not submit tickets or e-mails regarding this matter. Thank you for your patience and continued support. TStaff at Coastin 88 

Morning Classy Lassie, and welcome to our little thread.

It seems that everyone panics these days and jumps from processor to processor. In many cases similiar to jumping out of the fat into the fire. These type of decisions should not be taken lightly. I have noticed a knee jerk reaction from many admins to dump egold and jump to Alert Pay or CEPTrust. Both of which I have no first hand experience with. Only what I have read and others have told me. In my travels I have met many people who traded with e-gold. Not all in this business. Some are real traders and it is the easiest way to conduct their business. No chargebacks and a real value from what they are buying or selling.

Having said that, I take my hat off to Pete our Admin.. he is being thorough in his search for an alternative for members. But be patient it won't happen overnight, these things take time. In the meantime, egold is working fine, I too have made a couple of out exchanges the last two weeks. No problems.

Enjoy the weekend, OK

Dorky

Thanks Dorky, you can go and make another outexchange right now- You've been paid.

Just thought I would send on an email from Thailandgoldexchange received today:

Just a quick remind on the exchanger situation and on the e-gold news.

As we said already no need to panic and to give the opportunity to dishonest people to rub you.
We kindly invite all of you to visit e-gold website and read their replies to the indictment.



We are not only, accepting e-gold at the 2% same fees that we had before, but due to the last incredible demand of e-bullion we are also accepting ebullion at 0% FEES



This is a huge opportunity for who need to cash e-bullion now! It will last one week.

Thailand Gold Exchange Administrator

Regards all.

Pete

Links to thailandgoldexchange edited in keeping with MMG rules.

Thanks Pete!!! No out exchange for me this week... I have enough for a couple of steaks!!! and a beer or two...

I am working on something... LOL You will see.....

Breaker Dorky

Congrats Dorky,

I got your PM Pete and i will just sit tight and let my e-gold build up until you have all the info on banks and cards and so on.

Have a good one.

GP

Love the monkeys, Dorky, lol.

That sounds very promising,if you find it workable and reliable i will be glad to join using that method and max out with you.i will not use eGold these days since it is not the same case as it has been in 2005 and it is going to die slow death this time.The feds got the ball right in their hands and without exchangers and confiscating available cash of egold and omnipay and cash for the gold seized by them turned omnipay to be high and dry with no resources for outexchanges and buy the gold from exchangers back.few exchangers still gamble on egold to be back,mostly small or non US based but it sure does not seem to be the case this time since if you follow the gold reserves of egold stored with brinx you see that it is decreasing daily but not in favor of out exchanges as much as forwarding these amounts to the feds and covering their legal fees and cost,i am afraid this time the faster you find solid alternative move into there,especially since i believe i read you are not generating your profits out of spending with these gold base schemes these days the faster you get rid of egold will be better for all.



This is taken from the recent exchanger you quote just on their home page,in other words they do accept egold but not assuring you any time frames to see your balance truly paid off.that kind of offer is not good for me sorry.

Will be back to hear more about that new method you found later this week.

Hi Pete,

I sent you another PM. Thank you.

Received and understood your reply to my PM Pete. Thank you.


Anyone knows about Pecunix.com ? How is this one? Thanks.

Pecunix has its own gold bars backing them up,audited by some reputable firm on regular basis and is the most secure system i have ever seen online,they are not hyip friendly and will freeze any account suspected to be associated with that kind of activity.

Appreciated. Thank you MMPro.

For those of you looking for e-gold out-exchanges, Goldex is again accepting e-gold, I have just ordered an out-exchange, I will post the results.

Pete

Thanks Pete,waiting period will be at least 5 business days ,meaning anywhere from a week and longer to see cash for your egold,thats too long to wait empty handed while your egold been sent,but i guess these days
it is better option than not being able to exchange at all or get scammed by unknown exchangers.

I hate to tell you this, the outexchange was processed within 12 hours. Unbelievable!!

Pete

how much is their fees now pete???
seems like many exchanger who still in business are taking advantages of this egold mess with higher fees..

Hi Kudabelang,
The fees are rather high to a debit card at 6%, this program can't afford to pay these fees regularly, but, that seems to be around the average at most times.

By the way, Kudabelang, you've been paid
Crabby, you've been paid
Lexi70, you've been paid.

Thanks to all.

Pete

In light of the current situation that is most definately great news,consider yourself lucky though
since i do have contact with several exchangers out there including Marco and things unfortunately
aint that good,hope to hear more about the new option you will be checking tomorrow.

ic.. debit card


btw pete..
payment received..
thanks for the payment..
i will put some more in a few days..
im gathering some more funds right now

Hi Andrew,
You have been paid. I got chased away from my computer by the pest control man, today was the day that the ants in our house were destined to meet their maker.

Pete

Pete do you accept ebullion now and if use ebullion am i going to be affected in anyway in case egold is busted or it has no impact on your returns and is only a method for transfering funds in and out without relying on any egold base schemes out there to generate returns?

Send him my way - I've got a few guests who have overstayed their welcome!

Thanks for the payment, Pete. Of course you got it right back! As much as I enjoy writing BBC code, it sure is nice to know I won't have to change my siggy for a looooong time to come. Great to be part of a paying program!!

I know Pete was talking about ebullion a few weeks ago but i'm not sure if he is taking it or not but i can answer the other bit for you, BTD is not dependent on e-gold based schemes and if you would like i will forward a pm that Pete sent me on how the income is derived.

GP



MMPro,

I went back through the thread and found it.

GP

I will appeciate any info,thanks for sharing but perhaps Pete rather keep that pm he sent you private for the two of you so better i guess wait to see his confirmation first and answer perhaps directly.what type of ebullion accepted,gold or ecurrency or both?thansk for taking the time to go through old posts here