[e-gold-list] Re: GoldMoney is Open
GoldMoney is live at www.GoldMoney.com Craig Amazing, Craig! Can you tell us a little about it here? Is it a 100% backed currency, how is it related to e-gold, what are the advantages -- etc. Thanks! JPM --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: GoldMoney is Open
Their fees are interesting. I like the 1/10th of 1% payment fee. Note, also, the lost-passphrase fee: *Payment fee 1/10th of 1% (0.1%) of payment amount; maximum amount of 1 GoldGram (1gg). *Storage fee of 1% (0.5%) per annum; charged monthly and/or when the balance of a Holding is changed by either making or receiving a payment. *Lost Passphrase fee 100 mils minimum, 2gg maximum; the exact amount charged depends on the amount of time spent by GoldMoney staff validating the Holding owner. *Zero-out Holding fee Less than 1 mil; when the balance of a Holding falls below 1 mil, the remaining amount is debited from the Holding to bring the balance to zero. --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: GoldMoney is Open
On 7 Feb 2001, at 12:48, [EMAIL PROTECTED] wrote: Certainly then, goldMoney is (considerably) more expensive for any spends in the 1000s of bucks range. For those e-gold users who use e-gold to pay things like employee salaries and freelance amounts, e-gold is much cheaper .. I guess. On 7 Feb 2001, at 12:48, [EMAIL PROTECTED] wrote: Certainly then, goldMoney is (considerably) more expensive for any spends in the 1000s of bucks range. Most certainly... but a payment fee of $8.43 on a payment of $8,430 may not be excessive when you consider current exchange rates and services charges to acquire such a quantity of e-gold in the first place. For those e-gold users who use e-gold to pay things like employee salaries and freelance amounts, e-gold is much cheaper .. I guess. Well again all depends how they acquire their e-gold. Also consider that the lower storage fee. I think that current fees structure of both e-gold and GoldMoney have something to offer to there users. All will really depend on what you do with the gold currencies. Investors who want to accumulate gold currencies will prefer GoldMoney while heavy spenders who average $500 per spend will prefer e-gold. I will certainly own both! Claude --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
[e-gold-list] Re: GoldMoney is Open
Craig, There are many of us who are GREATLY appreciative of the fact that you do read User Agreements. Your insight is well respected and I, for one, usually gain something from the facts you point out in these lengthy, jargon filled, CYA, we-have-you-by-the-short-hair agreements that are so prevelant in today's world! Eric From: "SnowDog" [EMAIL PROTECTED] To: "e-gold Discussion" [EMAIL PROTECTED] Subject: [e-gold-list] Re: GoldMoney is Open Date: Tue, 6 Feb 2001 19:31:37 -0600 that is a fairly high payment fee isn't it? that's higher than e-gold right -- can anyone do an anlysis? Am I the only one who reads the User Agreement? :) The break-even point is at $500. With a $500 payment, both sides charge 50 cents. Above $500, E-Gold charges a lesser rate because they cap their fee at 50 cents. Below $500, GoldMoney charges a lesser fee because they charge 1/10th of 1 percent per transaction. Craig --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] _ Get your FREE download of MSN Explorer at http://explorer.msn.com --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]