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FIB - Scams 101 - Ye Olde Archives
Posted By: Mike S. In Response To: Re: What is Currency Exchanging? (Dave Mauder (eDave))
Wednesday, 13 April 2005, at 8:01 p.m.
> Dave said > That said, I've been making money since late last year and have built a
> $750 investment into a $6500 DXGold portfolio. I already extracted $1000
> to cash (in my hand) and continue to "trade" with another $1000
> or so. I've not lost a single red cent, and I honestly don't see how
> anyone could lose money unless the company folds and runs. I don't see
> anyone getting hurt in this either. Everyone involved is a DXGold merchant
> and is fully aware of what they are doing. It's not like I'm duping
> someone else out of their money so I can make a little bonus for
> exchanging their money from one currency to another. That's the whole
> object of the system, so everyone is TRYING to do that all the time.
Dave explain exactly how you 'made money" ? Where did they value come from? What changed that made your egold more valuable? Supply and demand? Whose supply? I guess the demand is from people wanting to convert their cash to e-gold? The guys that created egold? I just don't get it! In the case of real gold or a stock or a bond, at least you really own something. What do you get for egold? What can you use it for? Everyone takes real money, and the market creates the value of each currency.
Mike S.
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