Explanation...

[Bomber]

This thread was inspired by my recent conversations with KAm and rather than divert the discussion from the thread I thought I would start a new one to explain a few things.

I am sorry that I am not always understood... I am not a writer. This is a weakness of mine and the printed word is vulnerable to misinterpretation as it does not always convey the tone that the writer intends.

For those of you that have not understood how a recent post of mine did not equate to an analogy of the DXSystem and a restaurant I would like to bring your attention to the following example.

I think I will use a table as this seems to be topical thanks to a humerous recent thread that involved me...

Lets take a table... it has 4 legs and a flat top right? Now if I was talking about one of the table legs and then I said something like "its like a stick". I am not saying that the stick is an analogy for the entire table... I am saying that the leg (a straight piece of wood) is like a stick (a straight piece of a tree which is funnily enough made of wood).

Do you understand KAM how by when I was specifically talking about the leg of the table that I was not equating the entire table to my comparison with a stick? I agree that a stick is not equivalent to a table at all! It would be a silly comparison and that was not intention at all. I understand that there may have been initial confusion but now I hope that after explaining it that we can move on.

Regards, Dave

[KoolAidMan]

Bomber, I realize this, get over it. I wasn't thinking that you were saying the workings of the DX System was like a restaurant.. Forget it man, but you still haven't explained how DX operates just like a ponzi scheme yet might not be a ponzi in a clear manner. Your example, correlation, whatever you want to call, I don't care, was weak and explained NOTHING.

[Bomber]

Ok good KAM... I am a little confused though as to why you would make these comments if you understood as you claim you did???

CORRECT!... but WTF does that have to do with an operation like DX?????? Your comparisons are LUDICROUS!!!!

No, the restauraunt analogy is nothing like DX; a ponzi. How can you even make such a comparison with a straight face?

Anyway, I am glad that it now appears we understand each other on this point.

As far as the ponzi thing goes... I am not saying that DX is a ponzi. I honestly don't know if it is or isn't. So when you say that I have said it operates just like a ponzi, this is not really a fair statement and it is not what I was trying to say.

You also have to understand that I am forced to write things a certain way here... just as I was forced to write things a certain way over at DX4All in order to be heard... If I use the wrong word then the whole message is lost. You prove this all the time with my posts... I have to be very careful or I will upset you and you will entirely miss the idea or point of the post. As evidenced by the quotes above. What then happens is that you and I back and forth for 5 or more posts just explaining some tangent and by the time it is solved the thread has been de-railed.

This happens over and over again... so I try different methods to combat this... I add notes but then you take offense... if I don't add the notes then you make the above quotes in blue but then later after I explain it five times you say you understood all along. Can you see the tightrope I have to walk with you?

And that is why I don't always answer your questions because a lot of the time you are just trying to bait me. You don't really want an answer at all... you just want to try and ruffle my feathers. It won't work. Note also that just because you don't get the answer you want... it does not mean that I haven't answered the question.

Regards, Dave

[KoolAidMan]

CORRECT!... but WTF does that have to do with an operation like DX?????? Your comparisons are LUDICROUS!!!!

No, the restauraunt analogy is nothing like DX; a ponzi. How can you even make such a comparison with a straight face?

I meant this in a very general way... did you not read what I wrote after this, I was talking about where you thought GDT was spending this "borrowed" money... etc. I was not talking about system mechanics. You were using a the example of a restauraunt that has to Borrow money and pay etc. to explain why DX can operate like a ponzi (you have stated this I don't know how many times. I was not saying that you said DX is a ponzi I was saying I think DX IS a ponzi) yet somehow isn't a ponzi or a fraud or a scam or a sham or whatever... Blah. Dude, your impossible, it's like talking to a brick wall. I give up.

[KoolAidMan]

Originally Posted by GoldenNugget

DX continues to operate today as it has for years ...as a Ponzi. I recall you also recognizing this. Yet your statement here that "I agree that Ponzi = scam..." seems to stop right there. For whatever reason, you are unwilling to continue the logic, where DX is involved.

If one puts the fact that DX continues to operate, after all this time, as a Ponzi, together with the fact that DX Mgmt has intentionally (no, we don't buy the 'error gains' garbage, or the continuing 'oh now this is the real rollout') mislead it's user base, over and over, followed by the regular, arbitrary devaluation of funds ...there's NO "could be legit." None whatsoever.

Dave, I believe it's your perpetual, "Ponzi = scam, unless it's DX" that catches my eye, and perhaps others, too. Forget the "I never told anybody to invest." Forget the "I think it's bad to invest now (because it's bad for the system)." Those aren't the things folks here seem to be talking about. I don't know you well enough to understand your personal reasons for, no matter how damning the evidence, always driven to wear your cap of advocacy. Likely to many of us here, the evidence has far surpassed allowing for "if it was legit" in the same sentence with "GDT" or "DXAnything." To hear it as a matter of course in even your harshest condemnations ...is, well ...disconcerting.

No, it doesn't make you evil ...just perplexing.

GN said it better than I ever could. I'm thinking what GN is thinking.

Then we get this...

Originally Posted by Bomber

Good post GN...

Just to clarify on this point that seems to be confusing many people. I have stated that there is nothing that we can see that is capable of producing the gains that were attributed to us in our portfolio's... classic ponzi right? Not necessarily... I have said that in this sense it has been running in a ponzi-like fashion in that gains were not supported by actual profits from our efforts/activity. A ponzi is a scam, no doubt about it... I am not sure that DXS is or isn't one though.

For example... I open a restaurant. The first couple of months the restaurant makes a loss, yet I still pay my employees and bills, does that make my restaurant a ponzi? The answer is no... it just means that I am subsidizing the restaurant through either borrowing or savings in the hope that things will turn around in the future and I will then have a profitable business. Even still, if we take the view of legitimacy that is taken here, then it could be said that the restaurant was ponzi - like.

Am I crazy for labeling this an analogy... Anybody? Did this clarify Bombers belief that DX can operate like a ponzi but not actually be a ponzi to anyone? Am I just dim? Help.

[KoolAidMan]

I figured I might as well pop my response I made to the restaurant correlation in "the Hills" here...

Originally Posted by Bomber

I open a restaurant. The first couple of months the restaurant makes a loss, yet I still pay my employees and bills, does that make my restaurant a ponzi? The answer is no...

CORRECT!... but WTF does that have to do with an operation like DX?????? Your comparisons are LUDICROUS!!!!

Originally Posted by Bomber

it just means that I am subsidising the restaurant through either borrowing or savings in the hope that things will turn around in the future and I will then have a profitable business.

You still believe that DX has cost millions to develop and required subsidizing?????????? You truly believ DX is operating at loss and... what paying outXchanges out of their pocket??????

Originally Posted by Bomber

Even still, if we take the view of legitimacy that is taken here, then it could be said that the restaurant was ponzi - like.

No, the restauraunt analogy is nothing like DX; a ponzi. How can you even make such a comparison with a straight face? I do know that you know that DX apparently *smirk* does not take inXchanges, Merchants (users) do. So how can you compare a deposit to DX as a loan to GDT? You knew when you made your 10k deposited that the money was not going to GDT, or at least, inXchanges are not supposed to go into GDT's coffers... Sorry, your analogy stinks. When I made my deposite nowhere did it say that I was loaning this money to GDT.... Christ man, when you make such crazy comparisons it hard to even know where to start. You've gotta be nuts... *shaking my head*

Originally Posted by Bomber

I get the feeling that people like Sterna have a similar view... *snip* ...Yet I am the one who is constantly attacked/questioned for having this view while others are ignored... interesting

I've got nothing but respect for Sterna. Also, your restaurant comparison is nothing like what Sterna was getting at in this thread:
http://www.talkgold.com/forum/showth...=177873&page=9

Originally Posted by Bomber

dx is not a typical ponzi. it is in the "cleaning business" from Merv's "business partners" in Asia. Merv really wanted the hotel, it would have been more efficient for the "cleaning business". Dx needs hardly any money to survive. That is why they can hang around and pluck a few more dollars from the gullible.

[Sterna]

and the kool aid drinking bunch jumped on people for whining about getting an update. The huge global company could afford a few minutes daily with an update. They are afraid it is disturbing them from their work. Excuse me, but what are dxsupport people doing? Are they fixing the server?

[GoldenNugget]

Originally Posted by Sterna

:
Excuse me, but what are dxsupport people doing? Are they fixing the server?

I believe that Monday, a week ago, was the first noticed outage.

No, whatever's been happening, wasn't happening with the servers. I suspect GDT is just rethinking the system overall. Something more palatable ...more believable to the general public.

There's also more hope, via a note my Congressman, of all people, that they may be getting even more 'attention' than they ever bargained for. I kind of suppose all the DXMerchants here in the U.S. should get a real good story prepared about what the heck they're doing with these "DXMerchant Consoles" that are moving all that money around to unnamed parties.

Again, I think the year ahead is going to be very entertaining for DX 'users.'



GN

[Sterna]

I have to agree GN. I think mervyn is using that as an excuse to be left alone to do whatever scheme is in his head. However, with his alibi why can't dxsupport person keep us updated that the lemmings from dx4afew don't want to bother.

[artificial HYIP]

Geez, I go away for little vacation and DX up and dies. Now the only question is how long will we keep the conversation going - just in case it comes back.

If I were them, I'd be spreading the news that DX is making the big move to their own communications network - remember that license? But GoDaddy hosting seems pretty lame. And the recent registration of the new non-DX name for the DXAuctions really just makes it seem like wheels are coming off. Frankly, it looks like ol' Merv may have given up trying, especially with DB and the Blue Chippers getting all disgruntled.

BTW, Simon Sinister Minister points out on his forum that a strong earthquake struck Scamuatu, which is a little desperate since that would only explain why DX has been down for the last couple of days. Unless, the powers behind DX are even greater than DB was reporting a year ago - and DX went offline in a kind of psychic pre-earthquake reaction to the not yet happened tremor.

http://www.iht.com/articles/ap/2007/...Earthquake.php

BTW GN, I'm still trying to piece together what has transpired while I was incommunicado and it's not clear to me what the "Great Coincidence" is. What was it that was supposed to happen at the point DX went down - I'm assuming that's what you're referring to.