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120 Day Grace Period - The Final Days The pre G2 DXDW clock is ticking!


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Old December 25th, 2006, 12:14 AM   #21 (permalink)
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yeah its coming along now So that dxdu that I created without putting in more funds to pay it off I would have to allow my tdv to grow and collect the eos every session then just reduce my tdv by whatever the dxdu is at on day 29?

Also where abouts would I find what the timer for the 30 day limit is, and if I dont repay it back what happens?
 
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Old December 25th, 2006, 12:21 AM   #22 (permalink)
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When you log in, look all the way at the bottom. You should see a link for your "last 5 withdrawals". That will show you how many you have, and what date each one is due. Also, if you click on the long blue number to the left, it will show you which digots are attached to that debt, so in case you want to pay back just a portion of the debt, you can choose which digots to release, or drop.
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Old December 29th, 2006, 02:33 AM   #23 (permalink)
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hey again guys. So ive been reading a bit here and I want know should I take what I have in my type 1 and withdraw it to my account and buy digots? And then let them gain on every eos for 29 days and on the last day just drop the digots to repay back that dxdebit? Or just let the time run out and they will automatically get dropped? I still dont know what the best thing to do about that part is.

Thanks in advance
 
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Old December 29th, 2006, 02:40 AM   #24 (permalink)
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There is no benefit to doing that...

you create a debt that has to be repaid or you lose the digots...

Let the T1 in your portfolio sit in your portfolio. It's doing exactly what it's supposed to be doing... growing..

Your daily task (or weekly) is to collect your EOS credits and use your resulting RB to buy digots.

Please read some of the active posts... you'll get a better understanding of how the system works...
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Old December 29th, 2006, 09:14 PM   #25 (permalink)
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yeah Ive been reading all over the site, people are telling me to withdraw those t1 funds from my portfolio to my account and buy digots. And now people are saying just let them sit in there... So I guess I should just drop those digots or repay the dxdebit that I used and just wait then...

I have been reading all over this forum but I cant really find any solid info on stuff, could you point me to the right category that I should be reading from?
 
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Old December 30th, 2006, 12:19 AM   #26 (permalink)
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Malarky... no one here is suggesting that you withdraw T1 and then use it to buy digots... I read just about every post that's written here, so I'm pretty sure I know of what I type...

There is discussion about withdrawing T2 and T3, converting to T1 and then moving it back to buy digots... that's a very different issue.

If you have T1 in your portfolio, it's doing exactly what it's supposed to be doing... it's gaining in value... all you need to do is to log in every few days, collect your EOS credits, and buy digots with the $$ in your RB...

If you can point me to the threads that you've read that direct you to do otherwise, please do that... and I'll help you understand what you're reading...
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Old December 30th, 2006, 12:59 AM   #27 (permalink)
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Quote:
Originally Posted by Garage Logician View Post

Withdraw your Portfolio Type 2 & Type 3 funds to your account and convert them to Type 1 Funds. Then move them to RB and buy digots with them.
this post on page 2, thats where I went wrong! I thought he ment I should take those type 1 funds and buy digots. It was my fault for not reading correctly. So I guess only withdraw type 2 and 3 from your portfolio and put them into your account which still uses dxda which I will have to repay right?
 
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Old December 30th, 2006, 01:09 AM   #28 (permalink)
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Yes, anything you withdraw you will have to repay, although keep in mind that if you DON'T repay it, the T3 funds withdrawal carries with it a "double debt" when the 30 days is up. So if you withdraw $30 T3, and don't repay that $30, $60 will be deducted from your TDV.
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Old December 30th, 2006, 01:22 AM   #29 (permalink)
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Quote:
Originally Posted by mwong92683 View Post
Yes, anything you withdraw you will have to repay, although keep in mind that if you DON'T repay it, the T3 funds withdrawal carries with it a "double debt" when the 30 days is up. So if you withdraw $30 T3, and don't repay that $30, $60 will be deducted from your TDV.
Malarky,

Actually the T3 withdrawal doesn't carry the "Double Whammy". You have the option to repay, drop the withdrawal or allow it to expire (in which case DXS deducts it from your TDV)

The "Double Whammy" happens when you withdraw PFT3 (Production Funds on Type 3) and do not repay them.

The following is pasted directly from DXS:

Quote:
IMPORTANT INFORMATION:
Quote:
For any DXUsers that use their Type 3 funds to earn from the DXPortfolio G2 the following guidelines will apply.

If DXDebit, withdrawn as Production Funds earned from Type 3 funds, remains unpaid at the end of the 30 days from the withdrawal date then the same withdrawn value will also be debited from the DXPortfolio's Reserve Balance. If the Reserve Balance is placed in a negative due to this debit, then any DXDebit Available will then become unavailable to the DXUser. The negative Reserve Balance will be able to be repaid in multiple ways being, via the Incoming Balance, Available Balance, or at a one to one ratio to the TDV.

This will ensure that earnings made on T3 funds (which were a result of inflated DXPortfolios) will remain and benefit the DXSystem. Please note News Article #85 'Section viii' will also apply to the above.
The double whammy applies to PFT3 not Time-Release Type 3.
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Old December 30th, 2006, 01:59 AM   #30 (permalink)
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ok I guess I just need to know what to do with these ones...

. : Current Time-Release Balances In DXPortfolios : .

Production Funds: -8.66 DXG
Production Funds (on Type 3): 0.00 DXG
Production Funds (on Type 3 Actual): 4.71 DXG
Time Release Type 1: 358.56 DXG
Time Release Type 2: 0.15 DXG
Time Release Type 3: 0.12 DXG

the type 2 and 3 were a lot higher but I withdrew what I could at the time. So the best thing to do, is withdraw type 2 and 3 in the portfolio to your account, convert them into type 1 and buy digots right? And by withdrawing those type 2 and 3 I wont need to worry about repaying anything?