e-gold
By myLot!
@myLot (127)
Kansas City, Missouri
May 7, 2007 5:31pm CST
As many of you are aware, e-gold was indicted by the US Department of Justice, www.usdoj.gov/criminal/pr/press_releases/2007/04/CRM_07-301_042707_egold_indict.pdf. While e-gold has denied these criminal charges, www.e-gold.com/letter3.html, due to the nature of the allegations we are unwilling to require the use of e-gold until their legal problems have been resolved.
If myLot is able to send payments through e-gold, we will release May payments to those users who understand the risk and request payment via e-gold. This payment will be for accumulated earnings as of April 30th. If you choose to receive funds thru e-gold you do so at your own risk and agree to hold myLot harmless if you should be unable to withdraw your funds. In order to confirm your acceptance of this risk you must login to your myLot account and update your payment information with an e-gold account number as we have deleted all e-gold account numbers from our system to protect our users.
Periodically thereafter during the month of May, we will release payments due as of April 30th to those users who have updated their payment information with an e-gold account number. We are deviating from our normal practice of paying once per month based on the fact that the circumstances surrounding e-gold are quickly changing. It is our understanding that some e-gold exchange providers either have resumed business or will be resuming business shortly. Please check with your preferred provider to see if they are exchanging e-gold at this time.
For those of you who choose not to receive your earnings through e-gold, we will hold your earnings until another payment option is available or until e-gold is cleared of these charges. We are working diligently to come up with a good solution and will communicate this solution to you as soon as possible.
Thank you for your understanding and patience.
myLot
16 people like this
71 responses
@gneiche08 (25)
• Philippines
8 May 07
Oh my! We've got no Paypal here in the Philippines. The more I don't wanna continue with mylot anymore. I'm sorry.
@askmo_si_rodel (59)
• Philippines
8 May 07
I sure hope that you find another way to pay those of us who are in e-gold...
3 people like this
@myLot_Payments (98)
• United States
8 May 07
We are working diligently to come up with a good solution and will communicate this solution to you as soon as possible
2 people like this
@scorpiostar (971)
• Lithuania
8 May 07
wow what surprise:( I reached minimum for my e-gold account just this month. And when i checked my earnings, I found informaytione that earnings will be transmited to e-gold till 15'th of may. Today i was so curious to check my e-gold accound and how was dissapointed, that couldn't enter it. Coz as i understood there were made changes in system or my ID or somewher else... And received PIN by mail. And now i am worried, coz relly don't understand what to do. I am not very excellent in catching point about how I must deal with my earnings now...
thank u myLot for your allert today. Now in fact i understand that there were realy problems...
2 people like this
@scorpiostar (971)
• Lithuania
8 May 07
thank u. will try to do it tomorrow, means today...it's too late time and head don't work properly.
Good luck and am sorry for your lose...
2 people like this
@White_Angel (96)
• Fiji
8 May 07
Thank tou for the information..I think paypal does not work in Fiji, so I guess i have to wait till e-gold is cleared of charges.
@kowekokng0no (187)
• Indonesia
8 May 07
Well, i think what we should do now if our payment through e-gold is make our minimum payment to 50 or 100 of dollars and wait until the e-gold issue is clear, i'm sure there is no problem without its solving so just be patient about every problem that we face, with the change of our minimum payment i think it is an investment and make us have more spirit to increase our earning at myLot, good luck for us.
2 people like this
@georgeviorel (1)
• Romania
17 May 07
Thank You for all these information... very helpfull.
I am a new user and I must know diferents things and stuffs.
Have a nice day.
2 people like this
@markgadiano (895)
• Philippines
8 May 07
On my part being new to this mylot system, I dont think this would be a big deal for me, right now, I will just enjoy responding and reading discussions until I will reach the minimum amount.lol anyway I know mylot will surely find way on how they can pay us the best way.
@Alizam (31)
• Malaysia
8 May 07
thank you for the information...i will waiting patiently until the problem was clear...furthermaore, my earnings are not enough to receive any payment...so, at the moment i trying to increase my earnings while ur side in processing to improve the problem there in the e-gold using...
2 people like this
@varunoberoi (266)
• India
8 May 07
what is this??.... will someone tell me why mylot is not sending a msg... and is starting this discussion??...... surely this is not mylot administration...
1 person likes this
@myLot_Payments (98)
• United States
8 May 07
An alert was sent to everyone affected by this decision. If you receive your earnings through PayPal, you did not receive the alert. You will receive your earnings as usual. Everyone who accumulated a minimum of $10 by April 30th & updated their payment information with a valid PayPal account will receive a payment on or before May 15th. This only affects those people who receive earnings thru e-gold.
1 person likes this
@cheenlly (3476)
• Philippines
8 May 07
thanks for making this discussion as i didnt able to read the alert that mylot send to me due to line problem. I was browsing to find the details of the alert and im glad i found it. Probaably how long it will take before they can resolve the problem with e-gold. Does it means the payment for month of april will be carried over this month and will be process in June? I was really dissapointed because im expecting it this 15 of May but i understand, maybe i'll just keep it on hold til the problem is fix. I just hope mylot will find new option sooner. Thanks a lot.
@myLot_Payments (98)
• United States
8 May 07
If you are uncomfortable holding your last payment at e-gold then my suggestion is to find a money exchange service & exchange the funds. Don't leave funds at e-gold any longer than necessary.
1 person likes this
@apsara60 (6610)
• Israel
8 May 07
I already wrote to you in the past that, since I am in Israel, I have not yet found any exchanger, there are some in USA, but their fees itself is $40 while my earning are much less than that.
Is it possible that you take out my money from my e-gold account and save it with mylot till we could find some solution.
It will be very depressing if I will loose this money which I earned by writting so many quality discussions.
Thanks.
@trinidadvelasco (11401)
• Philippines
27 May 07
yes, e-gold account holders understand the risks we are taking and we have mostly decided to take the risks.
1 person likes this
@jhad17 (33)
• Philippines
14 May 07
if e-gold is on hold as of the moment due to legalities,
can you suggest an alternative site for receiving payments for a temporary substitute to e-gold prior to the clearance of the said site.,
i'll be waiting for your response.,
thank you! godbless!
1 person likes this
@trinidadvelasco (11401)
• Philippines
27 May 07
unless there is a good alternative we can turn to, we will have to stick to our e-gold accounts, and keep on patronizing it.
@Perry2007 (2229)
• Philippines
8 May 07
Thank you myLot for your concern to protect us against unlikely events, I would prefer to accumulate whatever is due to me with you, until such time as egold problems have been resolved, or another payment will be available for us to use. I hope there will be another payment method like egold, who can be reliable, my experience with eGold was fast service and that was great, If ever you have a recommendation for another payment method please advice. Thank you and more power to myLot.
@omer_ahmed_tabarik (1057)
• Pakistan
29 May 07
Then, mylot should be intoducing alertpay and I think the time has come to do that so right now. Alertpay is more trustful then e-gold for me or many users. What do you think about intoducing Alert Pay?
@jencai (3412)
• Philippines
8 May 07
I'm glad to hear this news from MyLot. This is one of my concern when I heard what happened with e-gold. I'm afraid that I would not be able to get my first ever payment. I have set my earnings to receive thru my e-gold account. As many people said that paypal is not available in our country which is Philippines. But how does it happened? Last week I have tried to create an account with paypal and I have successfully registered with it, can I use it here in MyLot? Thank you so much MyLot!
@myLot_Payments (98)
• United States
8 May 07
Unfortunately people from the Phillipines are only able to send money thru PayPal--not receive money.
1 person likes this
@mskzalameda (4023)
• Philippines
8 May 07
thank you for the information. I am really excited to get my first payout this month then e-gold will have some problems regarding that. Now how will we go on now? can we just leave the payment information blank specifically in the egold account number? I am hoping for that good solution to come up. Thanks. ;)
@myLot_Payments (98)
• United States
8 May 07
yes, if you are not comfortable receiving your earning thru e-gold then just leave the payment information blank.
1 person likes this
@MrPahn (173)
• Philippines
8 May 07
Can I just save my earning here in myLot? I am new to myLot and starting to love this site. Plus the bonus of earning also. But What if now I have decided to just continue increasing my earnings here until maybe next year. Would there be any limitation for my earnings? Sorry I haven't really read much of the terms and condition well yet, Got so busy with work. But anyway I was lead to use e-gold too. So can i just delete the e-gold account I registered for myLot account?
@myLot_Payments (98)
• United States
8 May 07
We deleted all e-gold account numbers from our system, so you do not need to do anything to hold the funds indefinitely at myLot.
@annein (128)
• Singapore
26 May 07
i hope e-gold issue will be resolved very soon. i have an e-gold account but i've got problem in accessing my account. everytime i accessed my account there's always an ip changes and ask me to inter temporary pin they provide me, but when i use it, still i cant access.