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FIB - Scams 101 - Ye Olde Archives
Posted By: Dave Mauder (eDave) <dave@NOSPAMmauder.com> In Response To: Another question (sorry sorry sorry)..... (MaaMaw)
Sunday, 23 January 2005, at 8:51 a.m.
> And once it's out of the DXGold system, it's completely safe, right??
> (Well, I mean as safe as it is, say, in PayPal, which we all know can, and
> does, freeze accounts, etc. -- but what I'm saying is: E-Gold, E-Bullion,
> etc., are as "perfectly legitimate" and "perfectly
> safe" as PayPal is??)
Exactly! There was one big eCurrency (EvoCash I believe) which did fold last year and people lost money, but the ones you mentioned above are as safe as any I know of.
> Gotta digress for a second.... I felt perfectly fine opening my E-Gold,
> B-Bullion, and INT-GOLD accounts, but two others made me extremely queasy,
> and I decided I wouldn't be putting money in them anytime soon (if I had
> any more to put in, which I don't, so no danger of that happening). The
> two I felt uncomfortable with were NETPAY and CASH-CARD, and I can't
> remember why at the moment, but I made a "BEWARE" note to
> myself.
Yes, all I have now is PayPal, IntGold, egold and eBullion. And those are the only ones I plan on using for quite a while until I see a darn good reason to change.
> You said you have all your money OUT of DXGold once a week.
> Can one operate like this constantly? (Excuse me if I'm making no sense;
> you've gotta remember I haven't even made a single trade yet.) What I'm
> asking is if you can keep moving it so at any one time -- not just once a
> week but as an everyday thing -- you have only a pittance in DXGold and
> all your spendable money (also known as the money you'll lose if they
> board up the place and run away with it) is out of there??
Yes, I think one can operate like this on a consistent basis. As I said before, it can take several days for OutX's to be processed, but once you are out of DXGold and into eCurrency, you can just stop there and don't trade the money back into the system (via P4's or regular trading via the console). Just take your money and run! :-)
Dave
Over Here, Your Money Matters!
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