I am beginning to agree with JPM on some points, though not all.  I don't 
see e-gold being a real serious marketing tool for businesses until it 
gains more users.  This is a chicken and the egg situation though since 
people aren't going pay to put money into a system that they have 
relatively few options to use.

I switched to requiring e-gold for all foreign orders a couple months ago 
due to the time, aggravation, and expense of validating non-US credit 
cards.  Since them I have only gotten one order from Europe and that was a 
previous customer who I let use their credit card.  The problem is that for 
some one to buy something from me they will more than likely need to open 
an account, or at least fund one.  This time is measured in days to 
weeks.  Sort of kills the spontaneous buy.

Why do I say this?  Just look at the current e-gold market.  Around 229,016 
accounts total.  Of these only 94,000 to 95,000 are funded.  Many of them 
probably "abandoned", duplicate, or test accounts with too little in them 
to make it worthwhile to get the money out.  Of the accounts I just looked 
at all but about 35,000 have less than 1 gram in them, and of those only 
about 12,000 have over 10 grams.  Ten grams is only $85 to $90 depending on 
the day.  Would a company market to the demographic where they can see that 
almost all have less than $100 in their checking accounts?


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


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