PayPal to e-gold?

Old Hippie

Diamond Member
Oct 8, 2005
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I never realized there was a market for buying and selling E--Gold on Ebay. Why is there a premium for buying this stuff? $305.00 for $200.00 worth? There is also a buyer that is willing to give me $1.67 for every $1.00 in my E-Gold acccount. What am I missing?
 

FoBoT

No Lifer
Apr 30, 2001
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fobot.com
Originally posted by: Old Hippie
I never realized there was a market for buying and selling E--Gold on Ebay. Why is there a premium for buying this stuff? $305.00 for $200.00 worth? There is also a buyer that is willing to give me $1.67 for every $1.00 in my E-Gold acccount. What am I missing?

they use stolen paypal accounts/funds to buy the e-gold, that is what you are missing. the paypal isn't thiers so they are willing to pay extra to "launder" their illicit activity
 

Old Hippie

Diamond Member
Oct 8, 2005
6,361
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they use stolen paypal accounts/funds to buy the e-gold, that is what you are missing. the paypal isn't thiers so they are willing to pay extra to "launder" their illicit activity
Soooo, do ya think there would there be a problem in it for me if I sold my E-Gold on Ebay?
 

AustinMatherne

Platinum Member
Mar 22, 2005
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AustinMatherne.com
Originally posted by: Old Hippie
they use stolen paypal accounts/funds to buy the e-gold, that is what you are missing. the paypal isn't thiers so they are willing to pay extra to "launder" their illicit activity
Soooo, do ya think there would there be a problem in it for me if I sold my E-Gold on Ebay?
Not at all. Some of us actually use e-gold for investing. How much are you wanting to sell?
 

Old Hippie

Diamond Member
Oct 8, 2005
6,361
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How much are you wanting to sell?
All I have is $45.00 in it. It's been floating around in there for about a year and I've just been lazy and haven't done anything with it.
Doesn't it seem like easy money if someone just kept buying E-Gold and auctioning $20.00 to $50.00 blocks? Seems like it's working.