After seeing many similar complaints and no sign of any explanation from the admin, I'm moving this one to Watching and Waiting. We'll move it back if they start paying again or communicate some reason for the problem...
There seems to be a lot of confusion over the w/d of funds by members who have been riding on the $50 bonus. Now they can not w/d unless they have made a $50 deposit. Reinvested/transfered earned interest is not known to be included in the accrual of the additional $50 deposit.
Post in FM forum indicates they are upgrading the version of their software, and it could help this problem. ????
Not sure the admin knows how to answer. I have had no problems with transfering or w/d from NC account, and Compounding acct does not roll for 11 days. I guess placing this in 'Watching and Waiting" is OK, but I think the majority of the problems lie with people who can no longer w/d interest from the bonus $50, unless they have deposited add'l $50. This is just my interpretation, from what I see, cause the FM forum is not full of specific answers...
It is interesting, i had no problem at all withdrawing today. And i am completely FREE member. Have put only some referal earnings into the investment account.
Have your referral deposits equalled $50? If so then that is the reason you can withdraw. If not, then this is curious; it WAS my belief that you would not be able to w/d interest any longer on a free account.
Have your referral deposits equalled $50? If so then that is the reason you can withdraw. If not, then this is curious; it WAS my belief that you would not be able to w/d interest any longer on a free account.
zen
They should have invested more since my ref. earnings was $16. But i put only $1 of it into the account, the other withdrawn. But what Zimbu says is concerning, they may just selectively pay the guys with small bucks like me
I visited the FM forum to look for answers to this problem but as zimbu said, they haven't given definitive information about the problem. Some say they are given directives to w/d by wire, some say they have no problem with egold, and some say they will wait until the egold "problem" is fixed... and it is hard to know what is the investor's status, respective to their posts. Also read that some people are taking out daily $200 or more and some people have more than $20K in...
I w/d referral fees right to egold today, but not nearly those amounts, (don't I wish). If it is "selective payments" going on, it appears that FM is keeping 'large' investors quite happy.
1. I have deposited several times the amount of the $50 bonus.
2. My accounts are both compounding, but with compounding % set to 0. When they roll over, the interest goes to my general account from whence it should be able to be withdrawn.
3. When one of my accounts rolled over about 1.5 weeks ago, I withdrew the funds with no problem.
4. Now, when I try to withdraw the funds from my second account (rolled over just a few days ago) the system refuses to pay to my E-Gold account and says I must use the wire transfer option. It says this even if I try to withdraw only $1.
5. I've contacted FastMarket admin and as yet have received no response.
6. Many people on other forums have reported the same thing, and have also deposited their own money. Some are reporting that they are being paid...
As long as they are selectively paying and not answering emails, I can't see moving them from this folder. If anyone finds out any more about why some people are being refused their withdrawal requests, please let us know.
11-08-2005, 01:10 AM
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