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Old 04-29-2005, 01:52 PM  
disregard
Confirmed User
 
Join Date: May 2004
Posts: 118
E-Gold is fine, but you have to understand that sending someone e-gold is like sending them CASH. It's difficult to trace, there are NO refunds or chargebacks whatsoever, and your balance is not in dollars.. it's in e-gold.. which is backed by gold, and has the same value as real gold (or whichever metal you choose) -- so if the price of gold goes up, the value of your balance in US dollars goes up. If the US dollar rises, and gold doesn't, the value of your balance goes down.

There's a lot of scammers using e-gold for the same reason that there's a lot of scammers using cash. Treat it like cash.

You also need an e-gold broker to buy or sell e-gold.
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