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Shiisa · January 12th, 2007, 09:17 AM

I have had some back-and-forth support message with DXS that I cannot post. But I have permission to post this.

DXSupport ID FBD-AI60FN-R803

Message:
Hello Janet,

You can post information about retaining T1 and waiting for it to be released.

We hope we have been of assistance, if you have any further questions or queries please don't hesitate to reply.

With Regards,
The DXSupport Team

This will require some explanation. As we already know, DXS has told us that T1 from the Portfolio will be moved to Available Balance where it will wait for release to PF. DXS is recommending that we do NOT "help" people by converting their T1 funds at a discount because they will gain more by waiting for them to be released by DXS.

No, I don't know the timeframe for that...

DGR414 · January 13th, 2007, 02:40 PM

So - to clarify...

DX is going to 'auto' withdraw T1 from my G2 portfolio as a DXDW and put it in my AB. What can I do with it then?

As we can't put the T1 in the portfolio, and we can't OutX it - the only thing I can do with it is convert it to PF and then either:

(a) OutX it bring it back in to repay the DXDW, or...

(b) Send it to RB (for 1%) and re-buy the digots I currently still hold, and then drop that DXDW debt.

Sitting on the T1 (as DX suggests) when you can't do anything with it and it isn't working for me either seems a little peculiar.

Unless I've missed the point - again.

D...

**Garage Logician** · January 13th, 2007, 03:52 PM

Quote:

Originally Posted by DGR414

So - to clarify...

DX is going to 'auto' withdraw T1 from my G2 portfolio as a DXDW and put it in my AB. What can I do with it then?

As we can't put the T1 in the portfolio, and we can't OutX it - the only thing I can do with it is convert it to PF and then either:

I do believe we can move T1 from Account to RB and buy digots anytime before DXS actually does the withdrawal of T1 from Portfolios.

You probably will not be able to convert all T1 to PF until DXS automatically does it.

If I'm wrong someone please show the documentation proving that.

Quote:

(a) OutX it bring it back in to repay the DXDW, or...

(b) Send it to RB (for 1%) and re-buy the digots I currently still hold, and then drop that DXDW debt.

Sitting on the T1 (as DX suggests) when you can't do anything with it and it isn't working for me either seems a little peculiar.

Until it becomes PF you will not be able to OX and IX it (I know, stating the obvious).

Until such time as DXS withdraws it (I know, I'm repeating myself) I think you can do whatever with the T1 including move it to RB and buy digots.

Quote:

Unless I've missed the point - again.

D...

You won't be a charter member of the "Missed Point Club" if you have.

The fact is we're all somewhat trying to second guess what is happening and going to happen. Past experience with DX tells me that although things can be quite the rollercoaster ride the outcome will be equitable. Let's not get ourselves into a panic over this. Although it makes for lots activity in the forums it doesn't present constructive direction.

**Garage Logician** · January 13th, 2007, 05:15 PM

Quote:

Originally Posted by Shiisa

This will require some explanation. As we already know, DXS has told us that T1 from the Portfolio will be moved to Available Balance where it will wait for release to PF. DXS is recommending that we do NOT "help" people by converting their T1 funds at a discount because they will gain more by waiting for them to be released by DXS.

No, I don't know the timeframe for that...

OK, I might be missing the point here or stating what everyone else has already understood but what I'm reading from the highlighted portion is that we probably shouldn't be buying T1 from other DXers at discount because they will realize greater return by waiting for the automatic conversion.

sherri · January 13th, 2007, 08:13 PM

OK, maybe someone can explain this to me because until now I was doing ok. DX is going to take my T1 from my port and put in AB in my account to await conversion into PF? Why? The T1 is already in digots. I just can't do anything with them. I see it kind of like a cd that I can't cash yet. Why would I want to transfer that to AB, pay a fee to do it, then pay another fee albeit a small on to rebuy the digots I already own, but had to sell? The only thing I see is a smaller port because of the fees I paid. And if DX does do this auto transfer to my AB to await conversion how long will it take. At least right now in my port I am compounding and growing my port daily. In my account it won't. So while I am awaiting this conversion my port is doing nothing and I'm losing money.
Are they talking about converting T1 in my account to PF? I just don't get the point of this.
If however, they are going to do a 1:1 conversion(or better) and then immediately convert it so I can buy digots that day so my port growth won't be affected, all the digot premiums have gone to 0, and all of this is done without me paying any fees, then I am ok with this. Confused but ok. I have been wanting to rearrange some of my digots and this would provide me a great opportunity to do it. I can dump poor digots and reinvest in better performing ones without any penalty.
Can someone help me understand what is going on any why?
Thanks.
aloha,
sherri

**Garage Logician** · January 13th, 2007, 08:56 PM

sherri,
at this point we all have more questions than answers but I'm going to answer your questions best I can without undue speculation:

Quote:

Originally Posted by sherri

OK, maybe someone can explain this to me because until now I was doing ok. DX is going to take my T1 from my port and put in AB in my account to await conversion into PF? Why? The T1 is already in digots. I just can't do anything with them. I see it kind of like a cd that I can't cash yet.

Don't have an answer to your why but possibly bookkeeping. Since DXS hasn't provided details yet this isn't a good time to start jumping to conclusions. I'm pretty sure before DXS moves our funds in that manner we will have much more information to help understand what is happening and why. In the meantime panicking is going to accomplish nothing more than feeding itself. I totally agree with your CD analogy.

Quote:

Why would I want to transfer that to AB, pay a fee to do it, then pay another fee albeit a small on to rebuy the digots I already own, but had to sell? The only thing I see is a smaller port because of the fees I paid. And if DX does do this auto transfer to my AB to await conversion how long will it take. At least right now in my port I am compounding and growing my port daily. In my account it won't. So while I am awaiting this conversion my port is doing nothing and I'm losing money. Are they talking about converting T1 in my account to PF? I just don't get the point of this.

I don't recall there being a fee to withdraw funds from your portfolio to your account so I don't think that will be a factor. We also do not know how long the auto conversion will take but I would guess they are going to move full bore at getting it done so that your portfolio will not see losses of EOS increases and credits.

Quote:

If however, they are going to do a 1:1 conversion(or better) and then immediately convert it so I can buy digots that day so my port growth won't be affected, all the digot premiums have gone to 0, and all of this is done without me paying any fees, then I am ok with this. Confused but ok. I have been wanting to rearrange some of my digots and this would provide me a great opportunity to do it. I can dump poor digots and reinvest in better performing ones without any penalty.

Since I lack specific information to either verify or deny what you say there I can only decline from speculating. I will say what you said makes a great deal of sense.

Quote:

Can someone help me understand what is going on any why?
Thanks.
aloha,
sherri

I would really love to be of more help but as I have said in other posts regarding this my experience tells me that although things seem anxious right now I have no reason to believe DXS is going to treat each of us unfairly as this comes about.

As we've talked about before this is something of a roller coaster ride and you'll get to the other side safely.

Shiisa · January 13th, 2007, 09:43 PM

My response to this question would be purely speculative.... so I'm going to take it to DXPlatinum where I can do that to my hearts' content...

Join us, if you'd like!

ewealth · April 8th, 2007, 01:39 PM

Does anyone have any additional information on this subject?

I have been holding T1 funds since the first of January.

I see that the time-release trade area is still open with a few offers and this thread is not referenced any longer like it was at one time.

Could someone make a recommendation

1. Wait - give it some more time.

2. Go ahead and try to sell via time-release trade area.

Thanks for any help.