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Go Back   Talkgold HYIP, Investment & Money Forum > Caution : Risky High Yield Investing Programs > General Program Talk

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  #1  
Old 10-31-2004, 12:44 AM
ideas4all
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PrePaid Programs typically pay you 105 %.

At first sight, this sounds not so bad. But:
dxGold charges you 2.85 % on the funds you transfer back to yourself. You are then left with 2.09 % . If you use e-gold, they deduct their PaymentReceive Fee.
In addition you run the risk of the gold price moving in the "wrong" direction in the time span between start and completion of the entire operation. And the operation can take easily take more than just one day.

You are ending up with only a fraction of the 5 % in your pocket.

So, higher bonuses can substantially enhance your profit. I had a contact with someone offering 106 %, but they discontinued.

If anyone knows PrePaid Programs which offer more than 105 % - please post them here.

Thanks.

investor88
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  #2  
Old 10-31-2004, 01:28 AM
Fire Exchange Fire Exchange is offline
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dxprofits.com pays 106%, however there are only two merchants/traders working in that group... and both tend not to be online much at the weekends. I find that, if I can get 2 P4 trades in per 24 hour period, it***39;s worth it to me to go with the DXPower Team***39;s request page.
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  #3  
Old 10-31-2004, 01:45 AM
classic
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You***39;re not going to find many that offer more than 105%, simply because 105% is the accepted rate. They dont have to toss an extra percentage point to get investors.

If I find one I***39;ll let you know.
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  #4  
Old 10-31-2004, 03:06 AM
mickyguy
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Hi***33;

The reason you don***39;t see much in terms of variable rates is because this is not allowed by DXGold themselves. There***39;s a reason for it:

It would lead to ***39;price wars.***39; The problem is that many Members may choose to work with higher payout %***39;s, which would necessarily mean that they have to cut into their Portfolio profits to sustain that mark-up, and they***39;d have to ***39;sell those profits out***39; prematurely.

This leads to something called ***39;grey market transactions***39;, which we teach about at DXPT. It is considered a form of thievery, in that you are ***39;selling gains not yet realized on trades -- the gains being that which comes from the system over time.

DXGold has absolutely advised me, when I created the prepay program, to alert them to Members who are creating spin-off programs that pay out-of-profile.

The other version of the same problem: ***39;selling DXGold at massive discounts***39;, which also is not allowed.

This is copied/pasted from DXPT, and for reference, so that you can at least understand what this issue is about (this is a DXPT training topic):

_________________

** Note: you will see the term ***39;geocities***39; in this topic often; this is the earlier version of the P4... we simply called it ***39;geocities***39; at the time. **


Many Members have, at one time or another, offered DXGold swaps at deep discounts. This has been done to maneuver cash around the system and outside the system for a variety of reasons. Sometimes Members have tried to run ***39;doubler programs***39;, etc., with DXGold or tried to falsify commissions for themselves by doing ***39;odd***39; trades with others which, one way or another, have included deep discount selling of DXGold.

Now that the new system is coming online, DXGold is working to end that set of transactions, which surprises many Members... "Why is my selling my DXGold at deep discounts a problem?" "If this is not allowed, is the geocities program allowed?" (YES)

Here is the answer:

Have you ever heard of ***39;grey-market***39; transactions...?

Russian Rubles, Belarussian Rubles, and other currencies belonging to transitional economies trade at particular values with other hard currencies, as do most currencies. However, these economies need to keep the value of their currencies ***39;propped up***39; and stable.

There are ***39;grey marketers***39;, who circumvent the going bank-rates for currency transactions: they offer far better deals either way on trades, which ***39;plays off***39; of the banks***39; set rates and takes business away from where it should go (economic systems; financial institutions). This creates insane volatility, and makes it nearly impossible to set clear and standard rates for trades.

A similar problem exists with something called ***39;parallel importing***39; : a company has set prices for their products in each country. So, they have a ***39;higher***39; rate for a stable economy/land, and a ***39;lower***39; rate for a fledgling economy/land. This company actually takes losses on the fledgling economies while waiting for them to grow. They take these losses to ***39;have presence***39; in that land, for when that land hopefully gets more stable. They make up for these losses by charging higher prices in the better economies.

Well, some ***39;parallel importers***39; will be in those ***39;cheap***39; economies, to buy mass-loads of this product at the solid discounts. They then ship those under-priced goods to strong economies, and literally COMPETE with the producer of that product (the head company) by selling those SAME, NEW products for extreme discounts compared to the local market-rates. This, of course, is incredibly destructive to the head-company; this issue is literally a form of ongoing theft, putting jobs, etc., at great risk.


Now to our situation:

Selling DXGold ***39;outside***39; the system for massive discounts, while making chunks of income within the DXGold system, creates the same destructive environment, and undervalues DXGold before it ever hits the market square. This is ALSO a similar issue of ***39;theft***39;, and it***39;s equally destructive.

SPLITTING profits on trades for funders, and leading them into the system one step at a time, is one thing. Grey-marketing DXGold is quite another.

This is the difference between deeply-discounted trades and the program we***39;ve set up with the geocities informational sites. DXGold has approved the geocities approach.

An example of that site:

(( Currently http://www.dxprepay.com ))

For qualified Merchants who wish to work geocities, I create their own copies of that site, which work with their own accounts and contact info. Let me know if you***39;re interested***33;


Hope this training session clarifies things***33;

________________________

I hope you understand why you do not see rates that move more than 6% and 8% for dxprepay scenarios. Again, if there are such programs, then we have to stop them as we locate them... else, by not responding, we inadvertently encourage ***39;price wars.***39;

Also, for all the points that investor88 is making, which are reasonably sound, we have a very solid history of E-Gold exchanges. Members make a great deal with these exchanges. To indicate solely that E-Gold can work against you is only 1/2 the picture... sometimes it works ***39;against***39;; other times ***39;with***39;.

That sort of fluctuation tends to even itself out over consistent trades, which is the reason that E-Gold exchanges in this system is a favorite of Members.

Hope this helps you understand these issues more clearly***33;
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  #5  
Old 10-31-2004, 03:15 AM
Fire Exchange Fire Exchange is offline
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Quote:
Originally posted by DXPowerTeam@Oct 31 2004, 04:06 AM
Also, for all the points that investor88 is making, which are reasonably sound, we have a very solid history of E-Gold exchanges. Members make a great deal with these exchanges. To indicate solely that E-Gold can work against you is only 1/2 the picture... sometimes it works ***39;against***39;; other times ***39;with***39;.

That sort of fluctuation tends to even itself out over consistent trades
I***39;d agree with that. There have been times when I***39;ve taken a ***39;hit***39; against e-gold, only to be ***39;recompensed***39; by a gain at some later time. It***39;s happened often enough to me that, as Dave said, it tends to even out over a period.
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