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PayPal, a part of EBay company, decided to neutralize one of its main competitors, e-gold, most popular electronic currency by means of acquiring it. It means many significant changes as regards to the e-currency, starting with the name and up to features that are available for its users online.
It is planned to change the name of the company and sell gold`s reserves of e-gold the next week. This decision is determined by changing economic background all over the world and new associations that the world "gold" calls now. Thus, exerts foresee decrease in prices for gold related to the plans of PayPal as regards to e-gold reserves.