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Is E-Gold Safe?

  1.  02-28-2005  11:20 AM
    Registered User Pirate!'s Avatar
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    Is E-Gold Safe?


    If I sign up to E-Gold, do I have to use my real name? Is it safe to conduct transactions using E-Gold?



  2.  02-28-2005  03:07 PM
    Gold Member Strateg0s's Avatar
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    Your IP is on record as part of their standard security procedures, (so people can't hack into your account from any computer but yours), but you can disable this. How you choose to fund your account could be an issue. I don't know enough about it to tell you some definitive protocol, but if you don't know what you are doing it is not terribly safe. Moreover, there are all sorts of plausibly legitimate reasons that such services would be under serious scrutiny from half the alphabetized government agencies, from the IRS to the DEA to the DOD.

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  3.  02-28-2005  03:15 PM
    Registered User Pirate!'s Avatar
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    Thanks. I won't take the risk.

  4.  02-28-2005  08:54 PM
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    It can be done anonymously but it takes effort. It is not as easy as evocash was.

  5.  02-28-2005  09:05 PM
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    I think if the govt wants you, it will get you know matter what you do. Just remember if you don't use your real name, and they go belly up like evocash then say good bye to all the cash that is in there.

  6.  02-28-2005  10:24 PM
    ItriedtoripoffBobosonowIamgonehaveaniceday
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    What is E-Gold???

  7.  02-28-2005  10:33 PM
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    good feedback guys
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  8.  02-28-2005  11:35 PM
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    Originally Posted by MaNiaK1027
    What is E-Gold???
    A method to pay for goods(like books, cds, etc) w/o using a credit card or needing to use a money transfer agency such as WU. Essentially, it is electronic currency that can be exchanged instantly via the internet

  9.  03-01-2005  07:35 AM
    Registered User Jeff's Avatar
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    Size, how much anonymity do you think you get with using egold as opposed to using just straight WU for purchacing things? I mean at some point, people wind up using a market maker for funding the egold account and that involves using a CC or WU anyway, the egold transaction might be more secure but the third party market maker transaction isn't anymore secure then just going straight WU.

    I've been shying away from those service lately, due to the rumors of evo shuting down from te**orist activities that the goverment was tracking through there.

    Anybody have any thoughts, I am just being too paranoid?

  10.  03-01-2005  10:43 AM
    Board Supporter rhinochaser48's Avatar
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    Originally Posted by Jeff
    Size, how much anonymity do you think you get with using egold as opposed to using just straight WU for purchacing things? I mean at some point, people wind up using a market maker for funding the egold account and that involves using a CC or WU anyway, the egold transaction might be more secure but the third party market maker transaction isn't anymore secure then just going straight WU.

    I've been shying away from those service lately, due to the rumors of evo shuting down from te**orist activities that the goverment was tracking through there.

    Anybody have any thoughts, I am just being too paranoid?


    I gave up the idea of using e-gold because all the market makers that took credit cards wanted to hit me with a 30-40% surcharge.

  11.  03-01-2005  11:22 AM
    Board Supporter Redspy's Avatar
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    You could set-up an account using fake details and use a proxy server to mask you real IP address. Then fund it with a Western Union funds transfer using fake details and then turn-off the IP security setting on the account. Personally I don't think it's worth the hassle or the expense of working with the e-gold brokers. I'd stick with WU.

  12.  03-03-2005  02:34 AM
    Registered User 40 in 12's Avatar
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    E-gold is safe. Use a proxy when signing up if you are worried. It is not a crime to exchange money, the cant trace what its being spent on. Also Dont use a real name when signing up, they dont verify. You can fund anonymously by using western union, they dont check identification when sending funds, and you can go through an exchanger such as Capitalex.com

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