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FIB - Scams 101 - Ye Olde Archives
Posted By: Dave Mauder (eDave) <dmauder@NOSPAMmauder.com> In Response To: Daily Dose of Scambuster Insight - Absolute NONSENSE techique exposed !!! (The Tim)
Thursday, 7 April 2005, at 11:09 a.m.
> Here's what eDave, the resident DXtroll and self annointed DXpert says:
> DXGold is not:
> 1. Operational yet. They will be when the DXSystem is finished. Right now,
> we are in their test-system.
> 2. Since not operational yet, they don't have business info published
> (CEO,
> phone number, etc) because they are not 'operating anything' yet openly.
> They have some business clients, some LDX's, etc. But they are mainly
> closed
> until the DXSystem is done, after which they will release their info.
> -----------------
> And then YOU jump in to tell us how happy you are they've "BEEN
> AROUND" so long? According to eCravenDave they aren't even in
> business...yet. LOL. Wonder how many people aren't able to see through
> that transparent SHILLERY?
> YOU AWAKE MAWMAW?
Tim:
Don't ask me why I'm wasting my time responding to your post, because you are about the most negative person I've ever (not) met. Anyway, if you actually read MY post, you would have realized those were not my words. In fact, I fired off emails to several of the so-called DXGold "gurus" I know to ask their opinion of the scam allegations. The message I posted was a response I got from one of them. That person has been with DXGold from the beginning (4+ years) and runs one of the big DXG training sites that has been mentioned here (not MAZU).
Everyting MaaMaw said about me is 100% true, so I'll try not to repeat anything too much. I've been quite successful so far with DXGold (for me anyway), and I continue to trade ecurrencies at least 1 or 2 times per week. However, I DO have HUGE doubts about the legitimacy of the company. I think it's crap that they've been in launch for 4 years, and I'm getting pretty sick of hearing that the new system is going to launch in another week or so. Maybe it will, maybe it won't - who knows?!?
I will state one fact - NOBODY has lost money in DXGold who has invested money and taken the time to learn how to work the console. Actually, there is no possible way TO lose money unless GDT shuts down. Sure, there are some people (like MaaMaw) who put a little money in and then later decided it was too complicated to figure out. However, those who learn how to trade and do so on a regular basis WILL make money (Sorry MaaMaw... I feel somewhat responsible for you getting involved and losing money). Unfortunately, nobody can get a DX console right now, so there is no point in even trying to sign up.
I started late last year with $750 total out of my pocket and today my DXG portfolio is worth about $6500. I've pulled $1000 out once, and I'm getting ready to pull another $1000 out again. The $6500 is ONLY portfolio value (that I earn interest on), it is not actual money I can trade with. The money I have to work with is more like $1000-$1200 and I've decided not to put any more in because I really don't trust the whole thing. :-)
Believe me Tim, I'm not anything like you are assuming me to be. I've been stung as many times as several of the other fine folks on this board and it made me A LOT smarter! I KNOW if it's too good to be true, it probably is, and I think about that every time I place a trade and collect a little bonus in my account. But, I keep doing it and DXGold keeps paying me bonuses.
To be perfectly honest, I've thought many times about throwing in the towel because I believe strongly in the concepts of Karma and Dharma. Trading ecurrencies with DXGold feels like I'm just shuffling money back and forth with other merchants, not actually offering a legitimate service to anyone. So I ask myself all the time, "Why am I doing this, and where does the money really come from?" Do I believe that DXGold is still in "launch" and that we're just "training" right now for when the real system is released? Not really...or least I have HUGE doubts about that.
You won't get any argument from me about this not smelling right. But, the fact remains that this is one of the VERY few things I've done in a long time that has earned me money. And maybe in some way, I'm trying to get back some of the cash I've lost on past scams that blew up in my face.
Since I already took back more than my investment from DXGold, I guess it can blow up anytime. I just hope when it does, most people's money is already in ecurrency and not sitting in their DXG or console accounts.
Dave
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