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**Garage Logician** · April 14th, 2008, 02:36 PM

You are not a lone member of the "just plain worn down" fellowship dgidd.

**CuriousGeorge** · April 14th, 2008, 11:46 PM

Quote:

Originally Posted by dgidd

I'll admit that I'm one of those worn-down long-time DXers.

I'm really trying to keep up with things, but as I asked in a previous post - how do I reduce my DXCredits? How do I exchange Rewards for Credits or Gold? (I know that in an activated account, there's an automatic reduction?? At least I think I know....)

I haven't gotten any answers, and I suspect that it's partially because there really aren't any.
I have excess DXCredits, Rewards, TDV - what to do?? I collect EOS and my rewards increase, at a time I'm trying to decrease them. I refuse to put money into FG, so everything is stuck. I have too much invested to abandon my account, but I'll be damned if I can figure out where to go from here, partly because of the utter confusion, more because of mistrust, and a mostly because of just being - yes - thoroughly worn down.

1. Reducing DXG-Credits: The only way I know to do this is to list them for exchange in the Trade Exchange. You can attempt to list them in exchange for DXG-Standard (Gold). Sometimes you can list them, sometimes you cannot. The only other way is to specifically ask DXSupport to take "X" amount in DXCredit "away". With the new fees being based on DXG-Credit, they may not be willing to do so.

2. Exchanging DXG-Rewards for either DXG-Credits or DXG-Rewards is the same deal. Use the trade exchange. If it is working.

3. Excess TDV: Move the TDV to the account, lowering your portfolio value.

4. Excess DXG-Rewards: (a) stop collecting EOS credits, (2) reduce the TDV to a level you are comfortable, moving the excess to your AB, (3) activate your account in the "hopes" that the DXG-Rewards are replaced with fewer DXG-Credits.

5. Bringing in new money: I am not going to do this, nor am I going to suggest anyone else do so, UNDER ANY CONDITIONS.

6. Activating an account: If you have funds in a merchant float or in a Blue Chip portfolio you can move to IB, then, and only then, would I consider activating an account. Remember, you are being asked to bring in new money so you can get SOME of your OLD money out. This is the third time and there is an old saying about this. "Fool me once - shame on you, fool me twice - shame on me, fool me 3 times, I deserve what I get."

I have float amd have not seen an AIX in a very long time. GDT/DXS is doing everything it can to encourage people to bring new funds in through Federal Gold, which is NOT a merchant supported e-currency, so I am not going to be seeing much in the way of AIX for a long time to come. So, I will use float to activate my account the next time I get in the mood to log into DXS.

I highly recommend anyone that does NOT have internal funds they can use to pay the montly activation fee wait a bit and see if the ones that do activate (hopefully with internal funds) actually start getting their out exchanges processed.

If GDT/DXS insists that outside funds need to be brought in to start the out exchange queue again, then they need to be asked what they did with the 12,000,000(12 million) USD they had to purchase the hotel with.

justafunnel · April 15th, 2008, 02:08 AM

Hello all,
It's been quite some time since I posted here and until recently, some time since I even gave thought to DX. As someone who is no longer active with DX ( I consider the money I put into DX the same as the money I lose playing poker.) I'll say this; vague and unfullfilled promises and any amount of money spent will almost never turn a Yugo into a Ferrari.
I don't mean to slight anyones dreams or hopes but, since I joined DX some three years ago there have been internet companies that have been born and grown and are now multi billion dollar companies. These companies have prospered because they had products or services that served a need or desire of people that wanted to spend money with them. To the best of my understanding DX has not.
As to creating a new economy, an economy is a mutifaceted creature that is composed of innumerable businesses and consumers that move that economy along based upon what is best for each individual participant, it is not a monolith controlled from above.
If DX were wishing to create a new currency than the most important and valluable asset a currency has is the trust and faith of the businesses and consumers who use it, and from my perspective DX has long ago trashed any trust or faith of it's ( or the majority of it's) users.
If the time comes thatDX can pull itself together and create something that is viable I will gladly withdraw my $300.00 and wish them well. But, in the meantime my rental properties will be showing a profit.
Carl

**the Guru** · April 15th, 2008, 02:30 AM

Hi Carl.

For someone who doesn't post very often I think you said truck loads ... and I agree wholeheartedly with every word. Well said!

dgidd · April 15th, 2008, 02:17 PM

Quote:

Originally Posted by CuriousGeorge

.... the next time I get in the mood to log into DXS.

CG, thanks for your (entire!) post. Very helpful!

As for the snippet that I quoted above? - me too. But at least now I have an inkling of what I can do when I get in there.

dx4allpro · April 19th, 2008, 09:53 PM

Quote:

Originally Posted by lynnette

Would like to enlighten everyone here as to how exactly we do that?? I think you will find that for the majority of people, paying fees is NOT possible without bringing in new funds.

How opportune, the following thread might shed some light:

http://www.4allaccounts.com/dxsynerg...tml#post325929

Quote:

Originally Posted by lynnette

The system that DX are trying to create, is basically all of the above sites put into one and making it an economy. They have yet to prove they can do even a tiny fraction of any of it, when they do I will be the first to congratulate them. Google is fast becoming an economy in its own right. We can earn money with google adsense, use Google checkout on websites, use their advertising resources, their document handling facilities, webhosting, web design interface and numerous web based tools such as google bookmarks, google notebook, there is google shopping, google mail, google calendar....need I go on?? Oh and by the way, they all seem to work quite well despite some of them being publically labelled as being in beta.

Google's core competence from the very outset of its development has been the provision of search services. Their plan has never been the development of an online economy.

Google are simply diversifying and expanding their services into the areas you have mentioned. Obviously, such expansion as you have described does not constitute the development of an economy in the true sense of the word as is evidenced by the purposeful and deliberate effort of DXS from the very outset.

Interestingly, your statement, "The system that DX are trying to create, is basically all of the above sites put into one and making it an economy. They have yet to prove they can do even a tiny fraction of any of it, when they do I will be the first to congratulate them", supports my perspective perfectly. ...

Let me restate that perspective: "DXS have taken on an unforgiving task and it's possible that they might run out of steam and fail because the project is so BIG. Maybe they have bitten off more than they can chew. We'll find out soon enough."

I'm not congratulating DXS. I'm merely admiring their tenacity in grappling with such a giant project beset with complications and problems.

Quote:

Originally Posted by lynnette

When things are overly complicated people tend to make mistakes, and not usually so that they end up better off

How HAS the SYSTEM benefited specifically? The question hasn't been answered. I'm asking for factual answers based on hard evidence. I'm not asking for vague opinions or speculation. Just as an example: would anyone be prepared to say (based on hard evidence) that DXS has defrauded us and pocketed our money?

Quote:

Originally Posted by lynnette

So, further to my question above, how do you propose people get their accounts activated and service fee paid - which by the way needs funds in Incoming balance or Federal gold reserve WITHOUT bringing in new funds.

The following thread might shed some light:

http://www.4allaccounts.com/dxsynerg...tml#post325929

dx4allpro · April 19th, 2008, 11:30 PM

Quote:

Originally Posted by kradford

Yes... and all said and done... despite the many 'nuances' and 'technical details' (that I am assuming your statement is really referring to)... the fact is that it still all boils down to the basic accounting equation of; A=L+E

Now the value in our accounts = "L" as far as the DX economy is concerned. We provided the "Assets", the system owes (L) us that value ...

(NOTE: And that is true whether or not there is any product & service activity in the economy or not. (For example; a bank... no 'economy' there... just a 'credit storage system' in which funds are 'stored' and the accounts 'credited' that value. The big difference here of course is that when I go to my bank, I can expect them to have the assets still be available to cover any withdrawal I might wish to make.)

But... where now has the "A" value gone? It obviously has been lost. And DXS (at best) is scrambling to regain that value it owes its account holders (us).

Interesting. How has the conclusion been drawn that the "A" value has been lost? I'm interested in your analysis.

And what would be the breakdown of the "algebraic accounting truism", A = L + E, after a "run" on a bank?

If everyone turned up at a bank to withdraw their money, would everyone be in receipt of their initial deposit plus interest within a reasonable time frame?

Quote:

Originally Posted by kradford

That apparent fact causes me great concern. So now, as for me and as far as all of the other 'cheer leading' in your post goes, that would have perhaps all sounded good... 3 years ago... but now I'm afraid it comes with a very large 'grain of salt'...

"Cheer leading"? Inappropriate phrase.

It's quite clear that I'm simply stating that DXS have taken on a massive project that they are struggling with. I'm simply admiring their tenacity in continuing with the project, nothing more, nothing less. I have already intimated that DXS could run out of steam.

Quote:

Originally Posted by kradford

Not to say that it can't or won't happen... I for one haven't ruled out that possibility and of course sincerely hope it does... but such optimism as you show, despite the serious problems with the economy, does seem a bit over the top to me at this point. DXS has some serious explaining and 'proof is in the puddin' actions to do before I'll become excited over any more 'promises' from them. I hope the step up to the plate and do that... but 'promises' come with much less credibility now.

As I've stated before, DXS are struggling. However, it's also important to maintain perspective and not to under-estimate the problems created by a number of get-rich-quick opportunistic "old timers" who saw DXS as a simple currency exchange programme that they could milk for all its worth. And, of course DXS has played a role that allowed the inflation to continue unabated.

I have my own deep-rooted concerns also. However, I prefer a positive approach that acknowledges the mistakes made by DXS while encouraging them to move forward with their effort to make the economy work. Will DXS succeed? The jury is still out.

Quote:

Originally Posted by kradford

If one were to feel distrust, then let me outline two very real ways...

1) It 'wears people down' and thus many have simply abandoned their accounts and left because of it... leaving behind any hope of ever seeing their funds back.

2) All of the 'reduction' strategies were simply way to decrease the inflated values of accounts. These types of mechanisms have been around since the beginnings of the system... but why? One possible explanation... Inflation is a very good way for "an economy" to to make money for those who have access or management of 'the printing presses"... They 'print' the money, spend it at face value, then leave those (and the remaining) currency in the economy there... at a much devalued value. Now who would that be here? DXS of course.

I was asking a specific question to get an answer that is based on supported evidence. I wasn't asking for an educated opinion or speculation. The question still stands: "How HAS the SYSTEM benefited? Have we (DXUsers) been defrauded? If so, is there undeniable proof? If the answer is speculative as above, feel free not to answer. Speculation is not what I am about. Speculation only creates further uncertainty and confusion

Quote:

Originally Posted by kradford

OK, perhaps the 'ponzi' tactics explanations above might also be 'over the top' on the negative side of this. And I am NOT yet convinced is the case by any means either... Instead I am still am willing to give them the benefit of the doubt that they just have made some serious mistakes... but aren't 'crooks'... But there seems to be others who aren't so sure that its not the latter...

Wherever there is doubt, there will always be room for speculation and rumour. I'm interested in neither.

Quote:

Originally Posted by kradford

Nonetheless, these are serious concerns... But as I've stated much recently, the ball is still clearly in their court... Hopefully they will 'hit it in the right (ethical) direction'. In every instance, I simply would like DXS to "step up to the plate"... "Do the right thing"... and, if they do, I will support them 100%. If they can't or won't, then they don't deserve the support... simple as that.

There goes the ball... their court...

Yes, the ball is in DXS's court.

Has DXS made ANY remotely encouraging moves lately?

dx4allpro · April 19th, 2008, 11:46 PM