Many accounts were already closed and it seems that e gold has explained to the Hyip's the 'war'....which is your opinion about that?

I now think we need to switch over to LR or VM instead of looking at becoming EG to ash..

I know, I believed in egold just 15 days back before this whole blocking fiasco began and people now are still of the view after seeing through all the blocks, they say that they still believe in egold..

No surprise that I see a whole bunch of HYIP sites falling down every second since egold is blocking all of them..

I think, time has come to switch the processors which in itself is a indication from egold to get out of the door before it closes on you real hard..

I also believe MMG and TG are doing good, trying hard to keep the things alive and we must appreciate the fact that these guys are trying to sustain the industry..

Really, no question about switching onto LR or VM at the moment clearly..

I totally agree with you amrutrk

SWITCHING TO LR OR VM IS A NECESSITY NOW

No other solutions

eslam_eltahan

I don`t understand why e-gold is blocking so many accounts? Is it beause of money laundering suspiscion? Don`t they need some sort of proof before they can block an account? Or is is blocked and the owner of the account has to provide proof that it is not?

What a mess.. I am starting to check liberty and other processors for e-metal

I agreee!!!!!!!!!!!!!

Yeah who's also agree with us

Interesting update from 'Autocambist' concerning EG

"The current e-gold situation has caused some turmoil in the digital currency markets. Many rumors exist about the fate of e-gold and many believe that its future is more uncertain than ever. By being the largest and most reputable automated exchanger in the world, we are continuously being approached by many of our clients with concerns, requesting more information about the current situation surrounding e-gold.

Our understanding, based on available facts, is that the e-gold management team has been indicted and arrested on several very serious charges, including Conspiracy to Launder Money, which carries a maximum 20 year jail sentence. The government has already seized or is trying to seize control of e-gold and all its assets. Regardless of the outcome from the current civil and criminal charges that were filed against e-gold and its management, the U.S. Government has made it clear that it will not rest until it drives out all private, digital currencies out of the country. Any digital currency that is still based, even partly (servers, bank accounts, offices, etc.) in the U.S. is in grave danger and is likely to face the same fate as e-gold.

We wish all the best to the e-gold team, and we hope that they will escape punishment. Because of recent events, we have observed that many customers are leaving e-gold and looking for alternative digital currency systems to continue to be able to conduct business. Because many are unfamiliar with other digital currencies, we would like to give a brief assessment, based on our observations, of the viable alternatives that we see.

Liberty Reserve - in our view, has become a successor to e-gold. With many advantages, such as being located entirely outside of the U.S. and offering an easy to use interface, it is no surprise that it quickly became the most popular currency in Autocambist. Lowest fees and advanced security features permit us to conduct business efficiently and reliably.

We hope this helps to answer some of the questions that we are repeatedly asked, especially in light of the dire circumstances surrounding e-gold.

Sources:
05/11/2007: E-gold Criminal Case Unsealed. USA Moves To Seize Company In Its Entirety
05/11/2007: US Government Forces E-gold Redemptions - Seizes Gold"

http://www.autocambist.com/e-gold_update.aspx

Thanks for sharing inf Goodlooking

Thanks for all info.

But we can not make 100% decission to start with new metal payments processor because we did not know how many people has use the new payments.
Just hope that e-gold team will make a real solutions to cover all problems

"Liberty Reserve - in our view, has become a successor to e-gold. With many advantages, such as being located entirely outside of the U.S. and offering an easy to use interface, it is no surprise that it quickly became the most popular currency in Autocambist. Lowest fees and advanced security features permit us to conduct business efficiently and reliably." sic Autocambist

The field of EG is stuffed with truffles with mines on which Hyip is going to jump in turn..
A most part of the new Hyip switch on LR..
It's better to have the sparrow in the hand than the pigeon on the roof..

Well, the advantage with egold which some other e currencies do not have is, you can still transfer your egold from a blocked account. That is not the case with e bullion and some of the other services. They simply block your account and all you can do is kiss your money goodbye. Actually, I dont see what right they have in taking away someone' s money without any notice or explanation.

Liberty Reserve and e-Bullion are the 2 rising stars

I agree with you.

I find it very hard to read 'through the lines' in all the discussions about the e-currencies. It seems to me that the currencies go up and down in waves regarding whether or not we can trust them with our money.

How can we be certain that currency A is more trustworthy than currency B? At the moment there's a lot possitive talk about LR, but based on what? Based on the fact that many people are using it, and it has a nice interface?

I think the only real 'solution' to the problem would be (as always) .. diversify ..

regards,
Erik.

Most HYIPs are simply illegal pyramid schemes. Governments will try to shut them down along with ecurrencies that support them or don't play by the rules (Know Your Customer).

Other issues that need to be considered are

• True individual bank accounts
• Are operations audited?
• Secure login procedure

Please read the U-GotCash thread and/or visit the links below.

Perhaps it would be more accurate to state that "almost all" HYIPS are simply pyramid (or Ponzi) schemes. I would say that "ALL" HYIPs are, but cannot make a 100% statement; there may be seveal HYIPs that actually DO invest in forex, hedge funds and sports betting. They would almost for sure payout ,5% (1/2 percent) per day and would have a 2 or 3 year track record - a provable track record.

Know any like that?

if the HYIPs return to 0.5% payout daily, many of them would be able to last 2-3 years. that would make it more difficult to find legitimate programs.

I'm still trying to find a legitimate online HYIP. Given ,5% a day and a proven track record of 2 or so years.

Well then Egold.

in my opinion not egold kills the industry but scammers
i won't tell you that i didn't had any problems with egold.
egold blocked few times my accounts but im not giving up (there is always a solution)
and im still using egold but not investing anymore in anything why? guess it!

by the time a program has 2-3 years track record, it probably is too late to join, unless it's really really a gem

withdraw from blocked egold accounts

i am admin of monitoring www.megahyiptracer.com
i can help you to withdraw money from blocked egold
accounts.

contact me if interesting hyip@megahyiptracer.com

o ho ho ho ...so what will we use without egold ? there no more method for payment good like egold!

Beware of this company. See this link http://asia.geocities.com/cristoper.valdez...m_tech4success/

Thank for the advice

SNOW

I wouldn't touch egold with a 10 foot pole with the way things are. With true scammers like the FBI, attorneys, and government involved, you have to be silly to use this ecurrency now. People should just use liberty reserve. Why go through the hassle of dealing with egold now. Get smart people, switch!

Well, the problem with liberty reserve is that you have to store money in ****ty US dollars which will soon be worth nothing anyway. In this sense I'd prefer E-Bullion (well it's not that secure either) or Pecunix.

E-bullion is in the states so they may get raided by he FEDS anytime.... Also if US dollar will still go down I'm sure feds will pump in and try to shut down this services as people will try to move their assets in Gold ...
Do you think gov cares about little e-gold scams or payments 4 porn as they said.. Yeah right .. they saw E-gold is so well known by US people and also trusted so they'll move their assets to gold istead of keeping in dollars so they make it look like an unstable system...

Is all about the money

well, feds can't really pump dollar anymore. Because they have to choose to either keep US dollar price and let markets crash by increasing loan rate or let dollar go to hell and try saving the market by decreasing the loan rate. And they are doing the second just now.

Anyway, pecunix is an option then.

dont worry if it bolocked