It was working fine no problems at all and now it wont work as a viewfinder or to view pictures. There is power getting to it because if you take the card out it shows a blue LCD screen with the words no card
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There is two ways to view your "taking picture" with the LCD and with the viewfinder, you can shut the LCD off to save battery power and use the viewfinder and that is what I think has happened. a touch of the DISP button and it will switch from the LCD to the viewfinder. here is a diagram
With you saying the LCD is working for functions but not for taking pictures this is what I suspect is the problem.
Unfortunately with the EVOLT E-500 it does not have the capability for a live view LCD screen. You must shoot images using the viewfinder only. The newer Olympus SLR cameras now have both viewfinder and live view LCD.
The price to have the LCD replaced would probably cost 75% of a new one. If you can do without the LCD and it downloads the pictures to your PC, at least you've got something. That camera has a viewfinder, so you can still take pictures, right. Sorry about the bad news.
NatD, The D50 and indeed most SLR digital cameras [ I have a D40 ] does not allow you to take pictures using the LCD display ... this is by design, you are meant to use the viewfinder and the image you see through it is straight through the lens via a mirror block [ called a reflex pentamirror or prism ]. When the mirror is down such that you can see the image in the viewfinder it is obscuring the sensor [ the bit that takes the picture ] and when you take a shot the mirror lifts and the picture is recorded. Its this reason that DSLR's dont use the LCD to shoot, however there are a few now available that do let you do this, such as olympus, new panasonic one and higher end Nikon and Canon cameras. Hope this explains it without getting too detailed!
Try running camera directly on DC from charger and see if it stays functioning.
If it does, they you either have:-
1) a faulty Lion battery
2) the battery detect circuit in the camera is faulty (reporting low battery and forcing shutdown)
3) the power switch on top of the camera may be leaky or partially collapsed
4) internal power supply circuit in camera has developed a fault.
Good luck...hope that the issue is the battery.
If you turn on the back LCD, the electronic viewfinder will remain on while in a shooting mode. There is no setting on the camera to use only the back LCD monitor while shooting. If you playback images in the Play mode, only the LCD monitor will turn on. However, if you press the Monitor button while in the Play mode, than the back LCD monitor will turn off. The image will display only in the viewfinder LCD.