Comments on: Omnipay temporarily suspends outexchanges

By: katzenhai2

katzenhai2 — Fri, 25 May 2007 15:19:58 +0000

I thought about these temporaral suspends of exchanges. It means almost everyone will stop the exchanges because they are using Omnipay to outexchange the funds before sending out the wires (thats why there are so long delays in exchanges nowadays). If the exchanges coming to a halt until June 18th, I expect a panic driven outexchange by most people again like in the days after the indictment and seizure of several exchanger egold accounts.

By: Paul

Paul — Fri, 25 May 2007 14:44:04 +0000

Unfortunately Adam,

The US has a lot of global influence. Africa maybe one of the few places on the planet that will allow Ominpay the opportunity to do business.

Best wishes
Paul

By: Adam

Adam — Fri, 25 May 2007 14:13:53 +0000

>> Now even bank will no longer stay in business with G&SR/eGold/Omnipay because of the US DOJ press release.

Yes you are right katzenhai2, but there are still plenty of banks out there (without US intervention) that would be willing to do business with them.
For any problem, there is always a solution.

By: katzenhai2

katzenhai2 — Fri, 25 May 2007 13:08:07 +0000

>> They should have done that YEARS ago
>> to be away from the legalised mafia and leeches ………

Yes, but I’m afraid: Now its too late to do that after being indicted.
I see this move only as temporarily, to run the business as usual until the final end is clear. In my opinion their move is a ‘need’ to stay in business, as you can read that the SEB Bank will close their account. Now even bank will no longer stay in business with G&SR/eGold/Omnipay because of the US DOJ press release. Think about it!

By: John

John — Fri, 25 May 2007 12:22:34 +0000

For goodeness sake, the way to go is ->> OUT of USA !
Duh ! It’s a no-brainer……………

They should have done that YEARS ago to be away from the legalised mafia and leeches ………

By: cashking

cashking — Fri, 25 May 2007 10:38:33 +0000

thiec - it’s from the horse’s mouth. http://www.omnipay.com

Adis - I believe they were referring to G&SR’s bank account in Estonia, not Icegold’s.

By: thiec

thiec — Fri, 25 May 2007 10:37:02 +0000

Could we have the source of this news?

By: Adis

Adis — Fri, 25 May 2007 10:26:02 +0000

What was that thing about their bank in Estonia?Is it concern icegold or i misunderstood?

By: cashking

cashking — Fri, 25 May 2007 09:40:02 +0000

Well at least they’re moving offshore, which is a good first step…
I’m wondering though why they chose Africa, of all places…

By: mbongwe

mbongwe — Fri, 25 May 2007 08:09:12 +0000

I also think the news is very good. If Omnipay does this fast, all exchangers will start working normal soon again.

By: JoseLeon

JoseLeon — Fri, 25 May 2007 07:39:22 +0000

Great news makila, thanks!

By: Steven

Steven — Fri, 25 May 2007 07:15:46 +0000

Well,

Its not all bad news. This means E-gold is not giving up, they will go on, with or without the US. So if people stop panicking and start realising this, the exchange process might be able to stabilise again and exchangers can act normal again..

but of course, people are just too scary, anyway, I am certain E-gold will still be here for a long time, no one can stop them, and I will not give them up as ‘payment option’

By: makila

makila — Fri, 25 May 2007 07:07:15 +0000

Yes looks like it. And again we have to find out through the forums. I talked to some exchange companies, they didnt even knew this yet. E-gold is walking a very dangerous path, by not updating a big chunks of their major exchangers. The last e-gold wants to do is piss off their own TOP exchangers.

By: Jude

Jude — Fri, 25 May 2007 06:51:29 +0000

So Omnipay is officially moving out from the states?