[e-gold-list] RE: egold is a shit currency for scams and hyips

2001-06-21 Thread jpm

 To reach people who have US Dollars:

 (i) advertise anywhere, on any medium.

Whatever and wherever the ad was, it would reach only _some_ users and be
unseen by most. It would suffer from the same weakness as an ad on a
market-maker's page.


I'm not exactly sure what you mean there.  Someone had said AH HA! 
there is no SPECIFIC! MEDIUM! to reach people who use US Dollars. 
That statement is incorrect, since, 100% of people use US Dollars, 
so, any medium works.

Is there a medium which reaches US Dollar users - Yes.

Is there a medium which reaches e-gold users - No.





 Tried it extensively, more than anyone.  A good idea, that is the
 second best idea after an ad on the spend page, but it's a dismal
 second. First of all, its useless unless there was a careful
 syndicate allowing you to buy an ad covering EVERYwhere that someone
 might buy gold, secondly obvioyusly people do one MM transaction and
 then dozens of spends.

So what?

What do you mean So What? -?

To repeat:

its useless unless there was a careful
 syndicate allowing you to buy an ad covering EVERYwhere that someone
 might buy gold

*If* there was such a syndicate, *and* it was very perfectly and 
excellently organized and covered all MMs, you might be able to get 
say 1/4 of thethe 50k reward, for pointing out something that is a 
dismal second best.

Here's a question for you:

Is there such a syndicate?
[ ] Yes
[ ] No 




 They'd see the ad every time they buy e-gold.






 And mamny people never use an MM, they get
 their gold directly.

Only a tiny, tiny fraction of e-gold users can say that.

Surprisingly - I don't think that's true, Sam.

I have never used a market maker and I deal in kilos of gold every 
month in and out.  None of the blokes who work for me have ever used 
a market maker (except to get rid of gold! :) ).  Jim Ray has never 
bought gold from a market maker, nor any of the other egold employees 
who are paid in gold.

I'm sure your're right that it's a MODEST fraction, but not TINY.

Anyway, getting back to the point:

As I said, It utterly agree with you that advertising on MMs pages is 
a reasonably good dismal-second idea, BUT, in PRACTICE, tell me, 
state, how to organize to consistently advertise on their pages.

perhaps your answer is Ah ha!  JP, you joker, you have not heard of 
the MMAdBannerSyndicateReadyToGoNow.com, in which case I would 
happily send you the 50kilos.




The e-gold economy
is still very small, and I doubt that a significant percentage of them don't
ever visit a market-maker's page.

 I do agree that a banner ad on the spend might do a lot for the e-gold
 economy, but it's a little over the top to say that there is no
 method for
 reaching e-gold users without it.

 State the method.

I already did. Advertise on a market-maker's page.
  ^^

that's cheating.  Advertising on ONE MM's page is shit.

What would work though (again, remembering its only a dismal second place) is:

I already did. Advertise on a {every} market-maker's page {in a very 
cohesive manner so the banner is delivered in the same way in every 
case and it's never missed and you can actually pay them all at once 
and its practical and real and you can do it tonight}.

Use your keyboard and tell me how to do that, I'll send over the 50k, 
no worries!




Also, there are multiple directories of merchants who accept e-gold.
Advertise on one or more of them.


Tell me how you know that a large percentage of people who frequently 
spend gold, go to, those sites.






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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread Bob

Viking Coder wrote:

 The main question again is - Why should e-gold bother?

To make money. That's the *point* to being in business.
To *increase* gross revenue. To increase shareholders' value.

 They don't need the money, which is usually the primary reason for hosting
 advertising.


Huh? Where did you ever get an idea like that? 

Do you believe that e-gold should keep it's growth rates slower 
than they can be?

 They can't offer anything other than untargeted ads without violating
 their user  privacy agreements.

Untargeted ads is what's needed.

 They could end up alienating users who don't want to see ads when using a
 service that they are paying for.

They could (and it looks like they already have) alienate serious
businesses who want to use e-gold *if* they can communicate with
most e-gold users, which they cannot do now.

Which has the better net effect for e-gold? I can't objectively
say. But the banner ad concept on the spend page is screaming at
me: DO IT!

The founding of Amazon was brilliant.
The founding of e-gold was brilliant.

Do they have what it takes to succeed and compete in the long
run? That's another whole story. It's not clear to me at all.

Is e-gold running scared, looking over it's shoulder at it's 
competition? Not that I can see.

Bob

-- 
http://www.bearerinstruments.com

 A Directory of Web sites and Internet 
  presences accepting non-fiat monies.

http://www.bearerinstruments.com/assets/BIMDsPGPkey.txt
650C 51DA 734F 697F 5706 3D6A 7712 BCC9 D1AE 00BA

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[e-gold-list] RE: egold is a shit currency for scams and hyips

2001-06-21 Thread SnowDog

JP, why don't you call Doug and talk to him directly about advertising for
this big Mega Corp you want to sell?




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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread Viking Coder

 Do you believe that e-gold should keep it's growth rates slower 
 than they can be?

No, but there better ways of increasing the growth rate (currently @
~30%/month) than polluting the spend page with advertising.


 Untargeted ads is what's needed.

Then create a TV ad, take out full page ads in the major newspapers of the
world, or put banner ads up on DoubleClick/Yahoo/etc. Leave the spend page
clean of advertising.


 They could (and it looks like they already have) alienate serious
 businesses who want to use e-gold *if* they can communicate with
 most e-gold users, which they cannot do now.

As I mentioned in another post, why should MegaCorp be alienated when it
cannot directly contact the existing ~95,000 funded account holders? It
has a consumer base of millions that it can push an advertising campaign
of a new  exiciting way to buy our product/service without a credit
card on.


 Do they have what it takes to succeed and compete in the long
 run? That's another whole story. It's not clear to me at all.

Advertising on the spend page is the solution to this? The reason users
put up with advertising is that they are getting something for free. I'm
not getting anything for free from e-gold. I pay storage charges and pay
to receive payments.


 Is e-gold running scared, looking over it's shoulder at it's 
 competition? Not that I can see.

Not that I can see either. Which is another reason why I diagree with
putting ads on the spend page.

Another thing to consider, somebody else mentioned it earlier, is the load
time associated with banner ads. The spend confirmation page is a pretty
simple, fast-loading page. People on slow (i.e dial-up) connections will
probably not wait for the ads to finish loading before moving on.


Viking Coder

Worth Two Cents?
http://www.two-cents-worth.com/?VikingCoder

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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread PowerClicks

 
 As I mentioned in another post, why should MegaCorp be alienated when it
 cannot directly contact the existing ~95,000 funded account holders? It
 has a consumer base of millions that it can push an advertising campaign
 of a new  exiciting way to buy our product/service without a credit
 card on.


You guys are 2 funny why should the merchants be the ones to spend time
and money to push egold, it's egold's job to do this... also why would
merchants push a payment system which delays the sale?


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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread Viking Coder

 why would merchants push a payment system which delays the sale?

How does e-gold delay the sale?


Viking Coder

Worth Two Cents?
http://www.two-cents-worth.com/?VikingCoder

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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread C. Cormier - Ormetal Inc.

On 21 Jun 2001, at 14:15, Viking Coder wrote:

  why would merchants push a payment system which delays the sale?
 How does e-gold delay the sale?

I guess he meant that the customer must first acquire some e-gold 
before he can spend it. A slower process than with a credit card.

As a merchant myself, I much prefer wiating for sfe e-gold than 
taking CC and being charge 3%.

Claude

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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread PowerClicks

 why would merchants push a payment system which delays the sale?
 How does e-gold delay the sale?
 
 I guess he meant that the customer must first acquire some e-gold
 before he can spend it. A slower process than with a credit card.

Exactly. You must first acquire e-gold which is slow. The only way to do
this relatively quickly if to fund using a credit card, but then what's the
point? And funding by CC is still a real hassle.
If they decide to fund by check or wire, then why not send such payment
directly to merchant?


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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread Julian Morrison

PowerClicks wrote:
 
  why would merchants push a payment system which delays the sale?
  How does e-gold delay the sale?
 
  I guess he meant that the customer must first acquire some e-gold
  before he can spend it. A slower process than with a credit card.
 
 Exactly. You must first acquire e-gold which is slow. The only way to do
 this relatively quickly if to fund using a credit card, but then what's the
 point? And funding by CC is still a real hassle.
 If they decide to fund by check or wire, then why not send such payment
 directly to merchant?

So you dump in a wodge of money and use it in small amounts until you
need to refill. And it's useful as a money store and a means to
speculate on gold as well. Hardly rocket science.

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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread PowerClicks

 As a merchant myself, I much prefer wiating for sfe e-gold than
 taking CC and being charge 3%.
 
 3% uncapped and with the very real possibility that the transaction will
 be cancelled at any in the near future.

True, but with egold you are placing all the extra cost and all the risks in
the hand of the consumer. Whats the incentive for the consumer to use such a
payment method?


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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread C. Cormier - Ormetal Inc.

On 21 Jun 2001, at 21:12, PowerClicks wrote:

 True, but with egold you are placing all the extra cost and all the
 risks in the hand of the consumer. 

When you underdstand that the greater risk and costs is not with 
gold and gold currencies, but with national currencies that are 
constantly debased, it becomes very easy to make the good 
choice.


Claude

http://www.goldcurrencies.ca
http://www.ormetal.com
==
Claude Cormier Public Key
http://www.ormetal.com/PGPkey.html
==

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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread C. Cormier - Ormetal Inc.

On 21 Jun 2001, at 21:09, PowerClicks wrote:

 Exactly. You must first acquire e-gold which is slow. The only way to
 do this relatively quickly if to fund using a credit card, but then
 what's the point? 

For e-gold and Goldmoney to reach the masses and replace credit 
cards in online payments, they must sell a concept.

The concept is that gold is the best money available on this planet. 
Better than any national currencies. If they succeed selling this 
idea, people will routinely convert some of their national currencies 
into gold currencies and always have some of them available for 
purchase.

I am betting that we will see a massive move to gold and private 
money in the coming decade. 





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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread Paul Ewing


  True, but with egold you are placing all the extra cost and all the
  risks in the hand of the consumer.

When you underdstand that the greater risk and costs is not with

gold and gold currencies, but with national currencies that are
constantly debased, it becomes very easy to make the good
choice.

No the risk to the customer is that they have no way to get their money 
back from a merchant in the case of a problem.


Paul Ewing
Shining Moon Creations - Exotic and Fantasy Jewelry
http://www.shiningmoon.com


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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread C. Cormier - Ormetal Inc.

On 21 Jun 2001, at 14:46, Paul Ewing wrote:

 No the risk to the customer is that they have no way to get their
 money back from a merchant in the case of a problem.


When dealing with reputable merchant, the risk is almost non-
existant.

Claude

http://www.goldcurrencies.ca
http://www.ormetal.com
==
Claude Cormier Public Key
http://www.ormetal.com/PGPkey.html
==

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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread C. Cormier - Ormetal Inc.

On 21 Jun 2001, at 20:37, Julian Morrison wrote:

 Which will annoy the national governments enough that they'll likely
 try and legislate GCs into the ground, or at least tie them and
 regulate them and require so much snooping on the customers as to
 effectively nationalize them by default. E-gold and GoldMoney both are
 going to have to be prepared to be more than a tad stubborn if they
 want to survive as businesses or useful currencies.

Of course, I am not suggeating that national currencies will 
disapear. We had massive move to gold in the late 70's and we 
saw no additional regulations.

If some foreign (in Asia) governemnt gives gold a major place in its 
monetary reserves, we could see a new paradigm shift towards the 
metal. There are a lot of rumors on China having such a long term 
master plan. Keep in mind that within 25 yearrs they (China) will 
have the largest economy on this planet. And I don'tthink that they 
want it to be dollar based.

The USD will eventually have big problems... that is when things 
will start to change.




Claude

http://www.goldcurrencies.ca
http://www.ormetal.com
==
Claude Cormier Public Key
http://www.ormetal.com/PGPkey.html
==

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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread Julian Morrison

C. Cormier - Ormetal Inc. wrote:
 
 I am betting that we will see a massive move to gold and private
 money in the coming decade.

Which will annoy the national governments enough that they'll likely try
and legislate GCs into the ground, or at least tie them and regulate
them and require so much snooping on the customers as to effectively
nationalize them by default. E-gold and GoldMoney both are going to have
to be prepared to be more than a tad stubborn if they want to survive as
businesses or useful currencies.

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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread Paul Ewing


  No the risk to the customer is that they have no way to get their
  money back from a merchant in the case of a problem.


When dealing with reputable merchant, the risk is almost non-
existant.

Convince the customers of that.  One of the highest fears they have is that 
of using a credit card online.  Most of this is media hype since the amount 
of credit card fraud online is not much higher than in real life 
transactions and all of the rules favor the customer anyway.  The problem 
is getting more than the techies to believe that they are as safe or safer 
than giving their card to a waiter who is making minimum wage and will be 
out of your site for five to ten minutes!  Now you expect them to send hard 
money with no recourse except legal means to get their money back?

Then how do you determine a reputable merchant?  By reading this list?  I 
would get the impression that all that is out there is a bunch of scams, 
hackers, and general con men.  Then there is everyone's favorite e-qold 
which seems to surface regularly.  And let's not forget the conspiracy 
theories, Secret Service raids, offshore accounts, and money laundering 
advocates.  Scary place the gold world seems to the lay person.

Paul Ewing
Shining Moon Creations - Exotic and Fantasy Jewelry
http://www.shiningmoon.com


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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread Viking Coder

 When dealing with reputable merchant, the risk is almost non-
 existant.

You also don't have to worry about the merchant doing multiple spends, or
a spend greater than what you authorized, out of your account. You also
don't have to worry about somebody getting your card# and going wild with
it. This somebody could be the waiter at some restaurant or some random
person who went dumpster diving and got a trash bag full of receipts.

Before somebody says that their account was hacked, wait and think.

Did you use your e-gold passphrase as the passphrase at some fly-by-night
HYIP program?

Did you use an easily guessable passphrase?

Did you allow an unknown executable to run on your computer; either a
email attachment or a full-strength java applet?



Viking Coder

Worth Two Cents?
http://www.two-cents-worth.com/?VikingCoder

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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread PowerClicks

 
 So you dump in a wodge of money and use it in small amounts until you
 need to refill. And it's useful as a money store and a means to
 speculate on gold as well. Hardly rocket science.

So how much do you dump? $100, $1000, $1, more? You are assuming
everyone is bullish on gold. Apart from exchange risk, to use it as a money
store you need the trust factor... egold would need to partner with major
financial institutions in order to build that trust


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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread C. Cormier - Ormetal Inc.

On 21 Jun 2001, at 22:25, PowerClicks wrote:

 So how much do you dump? $100, $1000, $1, more? You are assuming
 everyone is bullish on gold.

Long term... being bullish on gold is the only thing that make 
sense.

 Apart from exchange risk, to use it as a
 money store you need the trust factor... egold would need to partner
 with major financial institutions in order to build that trust

Not necessarily. Time can do the same thing. e-gold i smuch more 
trustable now than it was 5 years ago. GoldMoney has a man with 
with International reputation as its founder.

The trend is for these currencies to continue to improve and get 
market share. Simply because thet are the best offering for digital 
commerce. Since everything will be digital 10-20 years down the 
road...


Claude

http://www.goldcurrencies.ca
http://www.ormetal.com
==
Claude Cormier Public Key
http://www.ormetal.com/PGPkey.html
==

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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-21 Thread Viking Coder

 If they want a halfass currency with elastic attached, which they can
 jerk back out of the merchant's hands post facto, then the *merchants*
 will be quite justified in telling them to take a running jump, once
 they see an alternative is available.

DING, DING, DING!!! We have a winner!

The consumer gets a method of spending over the internet that doesn't
leave them wide open for fraud. Their account can only accessed if they
allow it. Read one of my other posts before responding to that last
statment.

The merchant gets a payment method that has a very low transaction fee and
allows them to not worry that the payment will be yanked out their hands
or being fined for said chargeback/bounce.


Viking Coder

Worth Two Cents?
http://www.two-cents-worth.com/?VikingCoder

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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-20 Thread Geoff

You're not a happy bunny are you jpm.
I understand your frustration and sympathise with it.

INMHO which I have expressed before, the problem with e-gold becoming more
widely used has nothing to do with major firms or conglomerates using it.
One of the major problems is getting your account funded.

It's very easy to open an account, just fill in the form and away you go,
BUT and it's a huge BUT, it is not so easy to get money into the e-gold
account.

I saw your little reference to my VW site and I understand you think this
small fry, and I agree, however, once e-gold becomes more widely used here
in the UK by way of sites like VW Online supporting and promoting it, I as
an avid supporter of the e-gold currency will set about promoting other
e-gold accepting business from my site (bananagold being one of them).

Remember from little acorns etc.

Out of interest how long has e-gold been around?

I have to say though that when I posted the mesage about the little girl
Charlotte (www.charlotte-speddy.co.uk) who needs an operation, it would have
been nice to be able to send one email to every e-gold account holder, but I
asked and was told it can't be done due to privacy issues which although
miffed about it, I understood (sort of)

Still the way I look at it is this, everyone who doesn't see e-gold as
something they should have are in the wrong not hose who already have it.

I must join 2cents worth musn't I? :-)

Geoff


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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-20 Thread SnowDog

 majorbrokerage.com does not give a flying fuck about putting a banner
 ad on golddirectory.com (sorry Bob! :) )

It's Craig.

Otherwise, what good is the e-gold webpage, as an advertising venue, if only
a few major businesses can afford to put ads there? So what if those
businesses simply stay out? The growth of e-gold should not depend on such
businesses. It should depend on its popularity with small businesses and the
average person -- AS LONG as it continues to grow. Don't get me wrong... I
WOULD like to see a major big company involved, but do you want to marry the
e-gold webpage to them to do so? Perhaps E-gold should be impartial to
business. Perhaps it should be like the blind-folded woman with the scale in
her hands, minding the store, but not playing favorites -- AS LONG as it
continues to grow.

Craig (Not Bob)




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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-20 Thread Julian Morrison

[EMAIL PROTECTED] wrote:
 
 (4) i said, Oh, there's no method for reaching egold users
 
 (5) they said what a fucking stupid conversation this is
 

Suggestion: e-gold should have an e-gold adverts list with a
check-button to autosubscibe you on the account creation pages.

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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-20 Thread Vince Callaway

 Suggestion: e-gold should have an e-gold adverts list with a
 check-button to autosubscibe you on the account creation pages.

You will see something like that in about 3 weeks from FreedomHound.com.
You can register to receive email solicitations.

The kicker is that the fees paid to send to the list go to the
subscribers.

I have finished all the work on the mass payment system, I am just

finishing up the interface that lets you subscribe to various marketing
lists.


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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-20 Thread James M. Ray

At 09:16 AM -0700 06/20/2001, Vince Callaway wrote:
...
I have finished all the work on the mass payment system, I am just

finishing up the interface that lets you subscribe to various marketing
lists.


Yes, yes, but when do we get CHESS? It's the closest I'll ever come to
harnessing sloth, if my guess is right!   ;^)
JMR


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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-20 Thread Viking Coder

 Yes, yes, but when do we get CHESS? It's the closest I'll ever come to
 harnessing sloth, if my guess is right!   ;^)
 JMR

Working on it, and there will be games other than chess available.
Although, it's kinda on the back burner right now. I have several other
e-gold related projects that I'm concentrating on right now. Not to
mention my actual job/current livelihood, and my pretending to have a life
other than e-gold  computers in general.

I will, hopefully, be bringing a few of these projects live in the next
week - few months. Of course, life always has a habit of interfering with
my best laid plans.


Viking Coder

Worth Two Cents?
http://www.two-cents-worth.com/?VikingCoder

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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-20 Thread jpm

 majorbrokerage.com does not give a flying fuck about putting a banner
 ad on golddirectory.com (sorry Bob! :) )

It's Craig.


Sorry!  I'd just been writing Bob, Bob, Bob, Bob, Bob, Bob, Bob, Bob 
in promoting Bobgold .. I mean Bananagold ...


Otherwise, what good is the e-gold webpage, as an advertising venue, if only
a few major businesses can afford to put ads there? So what if those
businesses simply stay out? The growth of e-gold should not depend on such
businesses. It should depend on its popularity with small businesses and the
average person -- AS LONG as it continues to grow. Don't get me wrong... I
WOULD like to see a major big company involved, but do you want to marry the
e-gold webpage to them to do so?

Well I think that's just economics, C., -- whether a one big company, 
or many little companies, or one media outlet, or whatever, takes it 
over, god sorts it out

 Perhaps E-gold should be impartial to
business. Perhaps it should be like the blind-folded woman ..

Kinky imagery ... but yes, capitalism is blind.  You say the ads on 
the page are $9 per thousand.

As a owner of a small, shit, business like Bobgold, I'd love to buy 
just a few hundred dollars worth.

Others may buy more, or less.  Good for them 

 with the scale in
her hands, minding the store, but not playing favorites -- AS LONG as it
continues to grow.

Craig (Not Bob)




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--
I feel like we're inside a Civilization game and there's some
fucking idiot playing. --Michael T. McNamara




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[e-gold-list] RE: egold is a shit currency for scams and hyips

2001-06-20 Thread jpm

 3) they said so, how do we reach these users, where do we buy the
 email addresses of all users or advertise to users

 (4) i said, Oh, there's no method for reaching egold users

 (5) they said what a fucking stupid conversation this is


This is an amazing thing. Presumably the same brokerage accepts U.S.
dollars. Where did they they buy the e-mail addresses of all the users, if
that's their criterion for accepting a currency?


To reach people who have US Dollars:

(i) advertise anywhere, on any medium.




Don't most of the market-makers sell advertising on their web pages? Isn't
_that_ a way of targeting advertising to e-gold users?


Tried it extensively, more than anyone.  A good idea, that is the 
second best idea after an ad on the spend page, but it's a dismal 
second. First of all, its useless unless there was a careful 
syndicate allowing you to buy an ad covering EVERYwhere that someone 
might buy gold, secondly obvioyusly people do one MM transaction and 
then dozens of spends.  And mamny people never use an MM, they get 
their gold directly.


I do agree that a banner ad on the spend might do a lot for the e-gold
economy, but it's a little over the top to say that there is no method for
reaching e-gold users without it.

State the method.





--
I feel like we're inside a Civilization game and there's some
fucking idiot playing. --Michael T. McNamara




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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-20 Thread jpm

 what good is the e-gold webpage, as an advertising venue

Unless e-gold started data mining the spending habits of their users and
correlating it to the type of business that the spend was made to, the
only relevance that the advertising would have is that they accept e-gold.


No .. no logic here?

Yahoo and Double click offer both untargetted, and targetted ads. 
Both work perfectly well in their own way.  Indeed in the early days, 
both those services offered only untargetted ads.

I've done 100s of thousands, maybe a couple of million, $ worth of ad 
banner campaigns for clients.  Sometimss (usually) you use 
untargetted ads, sometimes targetted.

Consider TV advertising ... you can buy untargetted ads on general 
purpose shows, or you can buy targetted ads (say - on a financial 
channel).  Both exist and work well for different purposes.

What your'e saying here doesn't make sense -- consider, say 
Amazon.com (or hell, Banana) wanted ads on egold.  Would they choose 
everyone or targetted - they'd choose everyone, anyway.



You also say ...


the probability that a banner will interest the spender would be down
around the usual 0.7% that untargeted advertising usually gets.

Sweet jesus mother of christ ... .7 per cent?

I assume you've never had anything to do with advertising?

Do the figures .. if Banana (say) ran ads and got .7 per cent 
response, that would be MINDBOGGLIINGLY FANTASTIC.

If businesses could consistently get .01% response (ie, say $50-$100 
for an egold stockbreokerga to get a new client) they would be in 
seventh heaven.

And, there would be an e-gold economy.  Which there isn't sat the moment.





The dowry for marrying e-gold to MegaCorp would be the privacy of it's
users.
After the question of 'How do we contact e-gold users?' comes the question
of 'What are their spending habits  demographics?'.

I don't see that at all - why is there a connection?

Of all the web sites that take benner ads, the vast majority do NOT 
do any sort of demographic sifting, they just sell broad untargetted 
ads.

You could say the same of broadcast TV.  I see no a leads to b 
connection there.


Yes, they should. e-gold should just be an accounting system. Wouldn't
advertising create the same sort of legal liabilities that listing the
businesses in a directory, with the usual disclaimer, would create?

Not at all - all advertising outlets can either sell or not sell ads 
to whoever they want (giving absolutely no reason - they mnight be a 
competitor, or they might just not like the ad) - it would be the 
same for egold.


--
I feel like we're inside a Civilization game and there's some
fucking idiot playing. --Michael T. McNamara




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[e-gold-list] RE: egold is a shit currency for scams and hyips

2001-06-20 Thread Vince Callaway

 Don't most of the market-makers sell advertising on their web pages? Isn't
 _that_ a way of targeting advertising to e-gold users?

I have seen marginal results from banner ads on my own site.  I get quite
a bit of traffic to the site, but the people visiting are generally
focused in getting their gold and handing it over to the latest HYIP.

The only ads that I have received good clicks on are the ones I include
with order confirmations.  My confirmations are sent out in html format
and include a banner at the bottom.  The banner is only an E-Gold related
business.


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[e-gold-list] Re: egold is a shit currency for scams and hyips

2001-06-20 Thread Viking Coder

 Unless e-gold started data mining the spending habits of their users and
 correlating it to the type of business that the spend was made to, the
 only relevance that the advertising would have is that they accept e-gold.
 
 No .. no logic here?

e-gold would be to offer *only* untargeted advertising without doing the
data mining. If they didn't then the only thing that would be known would
be that the user has a computer. An advertiser couldn't even be sure that
their ad was being viewed by people in the same country.

The main question again is - Why should e-gold bother?

They don't need the money, which is usually the primary reason for hosting
advertising.

They can't offer anything other than untargeted ads without violating
their user  privacy agreements.

They could end up alienating users who don't want to see ads when using a
service that they are paying for.


 Yahoo and Double click offer both untargetted, and targetted ads. 
 Both work perfectly well in their own way.  Indeed in the early days, 
 both those services offered only untargetted ads.

Yeah, and untargeted ads have horrible click-through rates. This is why
untargeted cost so much less than targeted.

Also, in the early days the marketing profiles hadn't been fully compiled
yet, and the concept of loading lots of tracking cookies onto the user's
computer was just coming into being.


 What your'e saying here doesn't make sense -- consider, say 
 Amazon.com (or hell, Banana) wanted ads on egold.  Would they choose 
 everyone or targetted - they'd choose everyone, anyway.

Then why is there such a huge market for targeted advertising? A company
wants their ads placed where it will draw the largest response. Which will
draw the largest response... 10,000 Amazon.com ads shown to everyone or
10,000 Amazon.com ads shown to people that are known to be frequent book
buyers?


 the probability that a banner will interest the spender would be down
 around the usual 0.7% that untargeted advertising usually gets.
 
 Sweet jesus mother of christ ... .7 per cent?

The average click-through rate is usually sold to be 1%, but is usually
down around 0.3-0.7%. This is just the click-through rate, not the rate at
which the user does anything profitable.


 I assume you've never had anything to do with advertising?

Professionally, no. I'm a programmer, not a salesman/ad exec. But I have
done quite a bit of extensive research into web-based advertising.


 Do the figures .. if Banana (say) ran ads and got .7 per cent 
 response, that would be MINDBOGGLIINGLY FANTASTIC.

You ran 100,000 ads for bananagold on the e-gold spend page. If your
banner was in a moderately heavy rotation (1/4 of all ads), it would take
16-50 days to run completely through. With a 0.7% clickthrough, you would
receive 700 clickthroughs. That is an average of 14-44 clickthroughs/day.
I didn't say 14-44 purchasing customers. I said clickthroughs, people who
simply view the frontpage of your site.


 The dowry for marrying e-gold to MegaCorp would be the privacy of it's
 users.
 After the question of 'How do we contact e-gold users?' comes the question
 of 'What are their spending habits  demographics?'.
 
 I don't see that at all - why is there a connection?

Why is there such a big market for targeted advertising if untargeted is
so profitable? How do you create targeted advertising without knowing
spending habits  demographics?


 Of all the web sites that take benner ads, the vast majority do NOT 
 do any sort of demographic sifting, they just sell broad untargetted 
 ads.

And the vast majority have horrible click-through rates. The untargeted
ads are usually sold to companies who only want to test the water, or
can't afford targetted ads. A lot of sites don't do their own advertising.
They outsource to somebody like DoubleClick who then offers them more
money if they give a marketing profile of their site  their user
demographics.


 You could say the same of broadcast TV.  I see no a leads to b 
 connection there.

Actually there is quite a lot of targeted ads on broadcast TV.  The
advertisers place their ad during the timeslots when the people most
likely to be watching will be the people most likely to be receptive to
their advertising.

Examples:
Soap Operas - called that because the advertisers realized that
stay-at-home wives were watching those shows and so started placing ads
for all sorts of soaps  cleaning supplies; thus targeted ads on broadcast
tv.

How often do you think ads for feminine hygiene products show up during
WWF (Worldwide Wrestling Federation) shows?

It is sometimes interesting to study the ads during a show and figure out
what the advertisers think is the main demographic watching that show.


 Yes, they should. e-gold should just be an accounting system. Wouldn't
 advertising create the same sort of legal liabilities that listing the
 businesses in a directory, with the usual disclaimer, would create?
 
 Not at all - all advertising outlets can 

[e-gold-list] RE: egold is a shit currency for scams and hyips

2001-06-20 Thread Samuel Mc Kee

 To reach people who have US Dollars:

 (i) advertise anywhere, on any medium.

Whatever and wherever the ad was, it would reach only _some_ users and be
unseen by most. It would suffer from the same weakness as an ad on a
market-maker's page.


 Tried it extensively, more than anyone.  A good idea, that is the
 second best idea after an ad on the spend page, but it's a dismal
 second. First of all, its useless unless there was a careful
 syndicate allowing you to buy an ad covering EVERYwhere that someone
 might buy gold, secondly obvioyusly people do one MM transaction and
 then dozens of spends.

So what? They'd see the ad every time they buy e-gold.

 And mamny people never use an MM, they get
 their gold directly.

Only a tiny, tiny fraction of e-gold users can say that. The e-gold economy
is still very small, and I doubt that a significant percentage of them don't
ever visit a market-maker's page.

 I do agree that a banner ad on the spend might do a lot for the e-gold
 economy, but it's a little over the top to say that there is no
 method for
 reaching e-gold users without it.

 State the method.

I already did. Advertise on a market-maker's page.

Also, there are multiple directories of merchants who accept e-gold.
Advertise on one or more of them.



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