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FIB - Scams 101 - Ye Olde Archives

Re: Good to know I'm not alone

Posted By: ChristopherSchumacher <stillsmuthNOSPAM@netscape.net>
Wednesday, 5 January 2005, at 1:11 p.m.

In Response To: Good to know I'm not alone (Dave Mauder (eDave))

> Wow, you must do a TON of trading to have started with $500 and now have a
> claims list of $60K! That's like doing a trade with the $500 once a day,
> every day for the entire 4 months. I know it doesn't quite work that way,
> but you know what I mean. I started with close to $1000 and have no
> earthly clue how I would get to that level is such a short time, and I'm
> already 2+ months into it.

The thing with this: I didn't do ANYTHING with my portfolio until I was 90% DXDebit qualified. It makes no sense to have my money consistently dwindled down due to my DXD limit.

So I had a constantly flow of outX's and InX's. It's actually really easy to build up a huge list of claims in a hurry. I had almost $50k after 2 months! Since then, I've "controlled" the craziness a bit.

> At any rate, it's good to know I'm not alone in the challenge to keep my
> claims list under control.

> Yea, I know what you mean. I use the following site -
> http://www.dxcurrencies.com which is updated by real people running real
> exchanges through DXGold. As you can see, any OutX listed for $200 or more
> easily takes upwards of 200 hours (and usually much more) to process. If
> you have some secret new ecurrency that we don't know about yet, I'd love
> to get my account setup! ;-)

There's that site address! It's somewhere in our forum...but man, it gets old searching for things. I guess I coulda just asked someone, but...since when do I use the easy way?

> I normally have OutX's listed for e-gold, IntGold and e-Bullion at all
> times, for various different amounts (I like to experiment) and the
> numbers at the above site are pretty darn accurate to what I've been
> seeing for 2 months.

I used to do just like you, listing for the three "majors" and having my lists split up. But, with my "day" job (which is actually midnight-8am), I find it works much better just using bigger amounts anyhow. Plus, when one hits my account, I can actually try to knock out some of my bigger claims (several old $1,000 claims that have been there for months).

> I currently have two listed for each ecurrency above, for various amounts
> under $200, and they've been listed since Jan 2 at around 10:30am. None of
> them have been filled yet. Actually, one of them is for $500 (e-Gold) and
> it's been listed since Dec 27 at 9:48pm. I'm still waiting on that too.
> :-(

I just had a $400 one go through yesterday after almost 2 weeks of waiting. Don't feel bad there.

> Chris, I'm not trying to imply that you're being dishonest with some of
> your remarks, but I think you've got to be embellishing the story a bit,
> possibly so you cast a good light on Mazu's course. I'm also trying really
> hard not to bash the course, because I honestly have no idea as to the
> content or quality of it. I do know that Mazu has used a lot of hype,
> false claims, and "program bashing" in the past to sell his
> products or promote other opportunities.

I understand where you're coming from. I haven't had tons of dealings with Matt, but the guy is definately a decent marketer. His copywriting skills could use some honing, but he's definately got the skill.

I can tell you, on sales letters that I write for others, it may seem like embelishment. The truth is that the results are POSSIBLE. I definately won't say probable at this point.

DXG has slowed to a crawl due to the holidays, the new system coming online, and the closing of new merchant consoles. Basically, now there are tons of exchanges to process, and not enough of us to do it.

> If you are being completely honest here, then you definitely know some
> inside secrets to the DXGold system that is allowing you to process trades
> much faster that I am. This includes folks over at the dxpowerteam site
> who've been with DXGold since day one and have been trading every day for
> years.

It isn't a secret, as stated above, the system is just slow right now. You missed the hey-day we were having when Evocash was around. There were exchanges hitting my console 2-3 times a day...outX's could be processed as fast as 20 hours. It was great. Evo closed up, then they removed Paypal from exchanging...then the holidays hit...plus closing new consoles...plus the new system....see why things are slower?

I hear alot of amazing things about the new system. Most of which I won't believe until I see em. I know that the P4 program as it is now is all but finished when the new system releases. I'm sure Dave and crew will come up with something unique to solve the problem though.

As far as us having a secret? No, definately not. What we have is basically the same as what DXPT has....we've just made it marketable to actual people. The audio CD's are there to really make life easier for the mentor and the student. The student doesn't have to wait for someone to answer questions, as the CD's and forum will do most of that. The mentor doesn't have to spend hours a day teaching each person how to use the system.

Basically, we were looking for a way to tell more people about it, while saving some work in the end. DXPT is great, and our knowledge base is not as organized and well-kept as theirs (forum wise that is). However, their site has so many outdated things on it...you MUST be a member to know what's really going on.

That can be said about most of the sites. If you aren't a member, you're only going to get how things used to work.

> BTW, I get updated information at dxpowerteam in the forums and in the
> live training sessions.

So in that case, the information you get isn't free? (just trying to clarify that, in order to have accurate info, people will be paying) That will be a necessity over the coming weeks/month or so when the new system rolls out. Anyone trying to use the old info might find themselves extremely lost.

> And just as a disclaimer (for myself) - I am admittedly new to the system,
> and I certainly don't claim to know all the ins and outs. However, once a
> person understands the system and the cycle, it's pretty cut and dried.
> There are certain trades you do and certain ways the money flows. It only
> works that way... You do the trades and you wait for stuff to be
> processed. I just don't see how many insider secrets there could be
> outside of that. GDT maintains pretty tight control on what happens.

This is fairly true. Once you have a handle on everything you can manage on your own. At the same time, knowing what's going on is always nice! Many times, there's been info that, while not massively important, did help a little. Most of those little tips and tricks only come from paying fees.

> OK, my fingers hurt, but I am really enjoying this conversation. I'm
> almost starting to wish I had an extra $300 laying around that I didn't
> care about so I could get the course and see what magical secret I'm
> missing. Maybe I'll just ask some of the guys over at dxpowerteam to stop
> over here and give their opinions on this thread. I'd love to find out
> that I'm just a wet-behind-the-ears rookie who doesn't have any clue what
> he is talking about! :-)

Magical secret? I wish! It's not magical, and it's only a secret to everyone who doesn't know about it (the key to internet marketing folks). Keep in mind, while you have no problems searching for all the info, others (myself included) don't have the time or patience. In addition, you run the risk of having outdated, incorrect or otherwise useless info.

By getting the course, we ensure these people have accurate info, and help along the way. We've also made it much easier to get the word out. I mean, if you sent relatives to the DXPT site (not mentioning anything about your earnings)...would they really stick around long enough to try to figure it out?

It's not about the money (well, I can't speak for the others), but about getting this info out to the tons of people who have been ripped off by programs out there. Even if DXG won't make you an instant millionare, it will make you profits, and I can bet that's more than 95% of the people out there have experienced. How much do most people waste on garbage before they see any results...? Wouldn't it be worth $300 to have the answer to all that?

You may not agree either way. That's perfectly fine, I never asked that. I was simply trying to point of for the benefit of everyone that, while you may think it isn't worth the $300, would you be willing to train those 600 or so people on your own so that they could do it as well? Not everyone can figure it out alone (believe me...same questions over and over in the forum and help desk), the course is to speed up the learning curve and show them all those places to get the answers.

Well, now MY fingers are sore!

Later,

Chris

> Have a good one!

> Dave

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You'll find great information in this "Read Only" Archive, but remember..... things change.
Be sure to visit the Current Message Board when you're finished here.

We're very friendly, so don't be shy... just jump right in and post your question.
Scams outnumber legitimate biz ops about a bzillion to one, so it's well worth your time.



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