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FIB - Scams 101 - Ye Olde Archives
Posted By: Dave Mauder (eDave) <dave@NOSPAMmauder.com> In Response To: Yes, Tim... I'm "in on it" -- in fact, I'm the brains behind the whole operation.... (MaaMaw)
Tuesday, 21 June 2005, at 8:36 a.m.
Thanks MaaMaw! You really don't have to defend me, but I appreciate that you do. I've been up here just trying to answer questions about MY personal experience with DXInOne and The Tim makes me out to be some pixie dust merchant all the time. Oh well...I guess I can deal with that.
> You really are an idiot, aren't you?
Now, don't resort to name calling like I do... That's reserved for us 2 year olds. ;-)
> 3. I can't understand the need for exchanging e-currency, because it seems
> to me that anyone, anywhere, can open a PayPal or e-Gold or e-Bullion
> account and pay in whatever currency a merchant accepts and that anyone,
> anywhere, can move their money from one e-currency to another without
> paying someone to do it for them. We all have equal access to all those
> "e-currencies" or "e-payment methods" or whatever you
> choose to call them (i.e., PayPal). Obviously merchants aren't going to
> accept some weird "e-currency" that the average person can't
> get. I may be right and I may be wrong because I'm worse at financial
> stuff than I am at techie stuff, but that's why I personally believe the
> profit is just coming from money shuffling.
You are right that anyone can get their own ecurrency account and fund it initially. However, once you have all your different accounts established, it takes a long time to send money to them (it took a lady I work with 3 weeks to fund her eBullion account with a money order). If I have money in IntGold but I want to buy something from an online merchant who only accepts egold payments, then I need to transfer funds somehow. eCurrency exchanges are the way to do that.
By the way... I found a legal firm in California yesterday that accepts egold payments for their newsletter subscription. How can that be if egold doesn't exist?!?! ;-)
> 6. I believe every word eDave says about the amount of money he has
> invested, the amount of money he has taken out, and the amount of
> "money" he has in his portfolio. When he tells me he can get
> that out in cash because it's just an "out-exchange" and he does
> them every day, I believe him -- but I also believe that if he waits too
> long, he might lose (and he knows that because he isn't stupid although I
> know you want people to think he is).
That's right -- I ain't no dummy! In fact, there are three kinds of people in this world... Those that are good at math, and those that aren't. LOL
Dave
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