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FIB - Scams 101 - Ye Olde Archives
Posted By: Dave Mauder (eDave) <dave@NOSPAMmauder.com> In Response To: My question hasn't been answered (Mike Jolley)
Sunday, 19 June 2005, at 9:20 a.m.
> So this might be a Ponzi, fine.
> I see 5 years of information about this stuff and the only negativity is
> from a few guys who can't cash out. There are whole message boards by guys
> who talk about whether certain parts of this DX stuff is a scam. If the
> whole thing is a scam, it's on a massive scale, maybe even on the scale of
> the 1929 stock market disaster. I'm very worried about the people who are
> into this, and I'm still wondering if there's any real study out there
> regarding the economics.
Hi Mike:
The negativity you read about people not being able to cash out is from those who didn't take the time to learn and understand the system before investing their money. I spent two solid weeks (evenings) reading, studying, researching and asking TONS of questions before I transferred a single dime into a DX account. If I were to invest in any other thing out there (stocks, real estate, gumball machines, or whatever) without doing some research and understanding how it works, then shame on me and I deserve to lose my money. But, likewise, that also wouldn't give me the right to bad-mouth that investment opportunity all over the place just because I was stupid.
I'm not sure exactly what you are looking for here, and I'm not sure what an economics study of DXInOne would look like, but I do know this thing has been discussed and pondered by thousands of people for many years. So far, I haven't seen a really good explanation of this being, or proof that this is, a scam, and certainly no proof of this being a ponzi. If you were involved with it and working the system like I have been since October of last year, then you would understand why it doesn't even come close to fitting the definition of a ponzi.
The best I can do is direct you to a website where my DX mentor responds to many of the questions and comments he receives about DXInOne. Keep in mind, this was all written before they released the new system last month, so some of the info is a bit out of date. The main reason for him posting this information was from my prodding. See, I'm a skeptic by nature, and I was always hounding him with questions about the legitimacy of DXInOne and/or sending him posts from other messages boards where people made really good points or asked really good questions. I guess he finally got sick of my persistence and decided to post his responses for everyones benefit.
Dave
Make Money, Get Out of Debt and Enjoy Life!
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