120 Day Grace Period - The Final DaysThe pre G2 DXDW clock is ticking!
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Time Release values will NOT alter after DXDW is dropped.
When a new DXDW is created, and you have specifically withdrawn T2 for example, your T2 value in the DXPortfolio is reduced at that point and your T2 value in the DXAccount is increased. ie you have moved T2 from DXPortfolio to DXAccount.
If you then repay that DXDW (and the only funds you can repay with at the moment is Production Funds) then the Production Funds value of the Portfolio increases.
But, if you let the DXDW expire (or drop it manually), your Time Release values do not change again.
So does this also apply to the original DXDW that expires after 120 days?
So does this also apply to the original DXDW that expires after 120 days?
Thanks again for your help,
Yes ... if you add up your current Time Release values for the DXPortfolio (plus Production Funds and Production Funds on T3) you should get the same figure as DXDA plus RB (which means TDV after all DXDW has expired or been dropped)
One of my portfolios had a TDV of 19,645 and DXDW of 18,441
As I don't plan on repaying DXDW, I decided to go ahead and drop all of my DXDW so I clicked on the 'Drop withdrawal' button expecting to have 1,502 of TDV left (19,645-18,441) but now my TDV is 0!
Why do I have no TDV?
One of my portfolios had a TDV of 19,645 and DXDW of 18,441
As I don't plan on repaying DXDW, I decided to go ahead and drop all of my DXDW so I clicked on the 'Drop withdrawal' button expecting to have 1,502 of TDV left (19,645-18,441) but now my TDV is 0!
Why do I have no TDV?
What will be left over after a drop in the DXDW does not equal only the TDV-DXDW.
The actual figure is TDV- 'Pending' EOS price increase- DXDW.
I know this won't help you now and I am sorry for the shock of it....but for anyone else reading this..
Before you drop your DXDW, take a look at what the DXDAv balance is. That will be what you will have left over after any drop. That way there are no surprises.
__________________
~Ro~
Visit me at LymeBytes.com.... conquering Lyme one Byte at a time!
One of my portfolios had a TDV of 19,645 and DXDW of 18,441
As I don't plan on repaying DXDW, I decided to go ahead and drop all of my DXDW so I clicked on the 'Drop withdrawal' button expecting to have 1,502 of TDV left (19,645-18,441) but now my TDV is 0!
Why do I have no TDV?
Quote:
Originally Posted by Ro63
What will be left over after a drop in the DXDW does not equal only the TDV-DXDW.
The actual figure is TDV- 'Pending' EOS price increase- DXDW.
I know this won't help you now and I am sorry for the shock of it....but for anyone else reading this..
Before you drop your DXDW, take a look at what the DXDAv balance is. That will be what you will have left over after any drop. That way there are no surprises.
Although it can be quite a shock you must understand that other than repaying all or part of the debt there was absolutely no way to avoid ending up at zero in your particular situation.
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Although it can be quite a shock you must understand that other than repaying all or part of the debt there was absolutely no way to avoid ending up at zero in your particular situation.
Exactly.. whether it is dropped now or it expires later.. it would have been the same result unless there was a repayment of some sort first.
__________________
~Ro~
Visit me at LymeBytes.com.... conquering Lyme one Byte at a time!
Last edited by Ro : December 12th, 2006 at 03:51 AM.
... Exactly.. whether it is dropped now or it expires later.. it would have been the same result unless there was a repayment of some sort first.
I recently replied to an "I took all of my money out and (while I did make money) I don't want to bother learning the new system... it's been fun... but I can make more $$$ elsewhere"... so I'm now going to quit" type of post in another forum.
Since it fits here, I thought I would quote post my reply;
Quote:
The beginning of this post was "is it worth it to buy back digots before the 20th". Well as I see it, that totally depends on whether or not you feel that DX is going to be around... and/or ever get their products and services truly "live".
If you don't believe they will come through, then take ____'s advice and just walk away... (or sell off what you have at the going rate).
BUT!!!
If you do believe that DXShopping et. al. will come online... and that DXS will not 'go away' and that they can capture a reasonable enough amount of the (global) market share... then 'yes', buying back as many of your digots makes tons of sense... here's why;
A) Let's say you buy them back on the 19th... well... you will then receive ALL of the pending gains they have made over the last 120 days. At the current gains rate, that would now be around 6%-10% that you would see "instantly" on your investement.
B) Since they are digots that are 'still in your portfolio'... when you 'buy them back'... you will NOT have to pay premiums... thus another 6%-10% 'savings" if you 'buy now'. So, with "A" & "B" added up... that's like a 16%-20% "instant gain" on your money.
C) Any new funds that you bring in to do this with will then also be production funds... and thus much more liquid...
D) The new system is NOT hard... no such steep learning curve... minimal maintanance for "port only" folks...
So if you believe DX will stick around and become (at least somewhat) competitive in it's marketplace... then yes... "buying back" before the 20th is a VERY good idea... But again, if you don't want to take the time to learn how to "instantly make 20%" on your money... or you just don't believe DXS and it's products will survive... then by all means... move on...
not in the past 24 hours .. but I forgive you 
