Thursday, March 16, 2006

DXInOne Still Hanging in There

Well, I have to admit that I am very disappointed with where DXInOne has gone over the past year. I still have my account, but am not very active with it. I go to it about twice a month. I check on it once a month to make sure my OA fee is paid and about once a month I get an exchange for around $100 with my console, now known as DXMerchant account.

I am disappointed, but not giving up on the account completely. I know that there must be people out there who believe it was all a sham. Maybe they are correct. I think that it is just that DXInOne has changed their direction since they have purchased the DXGrand Hotel in Vanuatu. They seem to be trying to be a global travel company. Well, I will just keep my eyes and mind open to the changes.

Best of luck, Freddie

Friday, February 03, 2006

Buying Digots in the Trading House

Have you been trying to buy Digots? I tried to add some Digots from the Digot Screen, but got the error saying that all were allotted.

But you can find good Digots daily in the trading house. I am not growing my DXPortfolio by purchasing Digots at this time, so it is not a problem for me. Just make sure that you have added all of the 41 new Digots to your portfolio.

Go to the Digot Trading House and refresh the screen to find new digots. Because of the premium fees, I tend to buy "into my strengths." I purchase more of my best performing Digots.

Sunday, January 15, 2006

eCurrency Evolution Forum Offline for Now

I took the eCurrency Evolution Forum offline for now. There did not seem to be any real need for it to justify the cost of hosting. It could have paid for itself with a few more members, but I really do not have time to promote another project at this point.

So if you found yourself here instead of the Forum and you would like the Forum to come back, then please comment and let me know. I would gladly bring it back. Maybe if OutXchanges start to move again.....

Thursday, January 05, 2006

41 New DXInOne Digots -- Buying All

DXInOne has released 41 new Digots. They are from regions all over the Globe. In the past with DXGold and now DXInOne, Digot gains have been more evenly spread over all of the Digot choices. But in the future, Digot gains will be more closely tied to eCurrency exchange activity in that particular Digot's region. For example, more eCurrency activity in New Zealand will increase the price of NZL.

I am buying all 41 Digots for my main DXPortfolio, which already has all of the other Digots. In my one year experience with DXGold and now DXInOne, I have found that over time all Digots do well. So without any historical information, I am just buying all 41 Digots.

Thursday, December 29, 2005

Buying Digots

Just getting started in DXInOne and having trouble buying Digots? I have had several people posting questions on my forum asking about the error they get when trying to buy Digots. The error is caused because DXInOne is temporarily limiting the number of Digots allowed for sale after each 24 hour session.

So I would obviously suggest trying to buy Digots right after the session ends. To find out how long there is to go in any given session go to the Personal Tab > DXPortfolio > Summary.

The other option is to go to the Trading House and try to buy Digots put up for sale by some other DXInOne member. There are not always Digot for sale there and they are snapped up very quickly, so you may have to sit for a few moments and refresh the "Buy Digots from the Trading House" screen to find some for sale.

But I have an interesting idea. I am not sure if it will work, but I was thinking of trying to offer some of my Digots to people just getting started with DXInOne. I could offer some small quantities of Digots ($25 and $50 lots). Maybe others who have been with DXInOne for a while could do the same. Check with my new forum http://ecurrencyevolution.blogspot.com and post a message to me so we can try to be online at the same time that I offer the Digots for sale.


[Note: At this time, the eCurrency Evolution forum is not active. I am waiting for increased DXInOne eCurrency Exchange system activity before re-activating.]

Monday, December 26, 2005

2.5 Million e-Gold Members

I was checking out some things on the Wikipedia entry for e-Gold. e-Gold is very serious about the fact that your Gold balance is 100% backed by gold in Swiss vaults. Check out the e-Gold Examinar page.

There are also so interesting statistics about e-Gold. There are over 2.5 million e-Gold accounts. 2823 people have opened accounts, and over 8.4 million U.S. dollars have been sent in just the past 24 hours. Check the e-Gold Stats page.

e-Gold really has its act together. I wish all eCurrencies were as transparant and stable.

Saturday, December 24, 2005

DXInOne Information for Sale on eBay

eCurrency Evolution Forum is no longer active.


There seems to be a lull in DXInOne training and information for sale on eBay. Just recently, someone had their DXInOne account for sale. But DXIO accounts are not transferable, so I do not know what they were thinking. I did notice that it was for sale by the same person who was selling 2 DXD for 1 e-Gold or e-Bullion.

I wonder how eBooks sell on eBay anyway. I notice that eBay does not allow eBooks (information products) to be listed on their main feature page listings. That is why I believe it would be a good idea to publish an eCurrency exchange book. A 'real' book requires much more work than an eBook, but there would be many more outlets for sale of the book. (Just thinking out loud.)

Well, the main point of this post is to caution people not to waste money on eBay eBooks. I am trying to post as much info as a person would get from any $29.95 or $69.95 eBook on my forum, eCurrencyEvolution.blogspot.com. Check it out. I plan to keep it as a quality free, forum.

Thursday, December 22, 2005

P4 Program -- DX PrePay Program

The P4 program was first started in 2003 by the DX Power Team, lead by Dave Bennett. I the earlier testing phases of DXGold (the former name for DXInOne), groups or teams of people could work together to process each others outXchanges. Obviously, this is not a long range profitable scheme for DXInOne, it was a way to test all aspects of their exchange system.

I am not sure what causes it, but there was a very severe slowdown in outXchanges in that initial DXGold system. It was much worse than the current outXchange log jam. Dave Bennett had an idea that would get some of the DX Power Team member's DXConsole claims flowing again. And as an added bonus the Geocities Program kick started the outXchanges. The program was called Geocities because it was promoted on a Geocities free website.

The basics of the Geocities (later PrePay or P4 Program) is that an "Investor" gives a current DXInOne member $100 of e-Gold, as an example amount. The "Investor" immediately get paid $105 in DXG, the currency of DXInOne. The DXInOne member uses the eCurrency to fund active DXConsole eCurrency exchanges, and the Investor lists and outXchange for $105, there will be a 2.55% outXchange fee, so they profit 2.45% for a few minutes of work. Not a great profit, better than a bank savings account, but if you consider that during good times, DXInOne Investors were about to outXchange up to $10,000 per week into several different eCurrencies, then you can see there could be some serious profits make from this program. Especially when you consider that P4 Investors with $1000 or more are given an instant 7.0% payment for their eCurrency trade.

DXInOne asked that the P4 program be stopped (or not promoted as much) right before they brought out their updated system in May 2005. Since then the P4 program was re-launched, but it was not marketed well, DXInOne members were charged too much by the people running the program, and there is a more serious systematic problem causing the slow outXchanges right now. When this problem is fixed, I believe the P4 program could be run successfully again. It is a great way for people who do not have a DXConsole to make a profit and boost their DXPortfolio.

Below is a snapshot of an Excel spreadsheet showing the profit of a 105% and 107% investment with $100 and $1000 over a twelve month period, assuming one outXchange per month. I believe this one outXchange per month could easily be one outXchange per week, per eCurrency (eBullion, eGold, EMO, etc.) in the upcoming year.

The profit shown below would be 35% and 69.5% profits over a one year investment, requiring a few minutes a month of work.

P4_1

Tuesday, December 20, 2005

eCurrency Evolution Podcast

I am working (trying to find time between work and family) to produce my first eCurrency Podcast. I think it would be a good way to promote my forum, blog, and upcoming eCurrency book.

I will be looking for people to interview in the future. With services
like Skype, it is easily possible to interview people from all over the
world. I am especially interested in finding someone with some
expertise in FOREX trading, Google AdWords, and other types of online/home business
investing. It will be a situation where I can interview someone for the
podcast, we all get some new information, and they will get some
publicity for their business.

eCurrency Evolution Podcast

I am working (trying to find time between work and family) to produce my first eCurrency Podcast. I think it would be a good way to promote my forum, blog, and upcoming eCurrency book.

I will be looking for people to interview in the future. With services
like Skype, it is easily possible to interview people from all over the
world. I am especially interested in finding someone with some
expertise in FOREX trading, Google AdWords, and other types of online/home business
investing. It will be a situation where I can interview someone for the
podcast, we all get some new information, and they will get some
publicity for their business.

Sunday, December 18, 2005

eCurrency Wikipedia Project

I am slowly working to add eCurrency definitions to the online dictionary, Wikipedia. There are a couple of eCurrencies listed, but I think that most 'popular' eCurrencies, as well as, DXInOne should be listed. I have not personally written the folling articles, just helping with accuracy. I think that this online free encyclopedia will be a good resource for unbiased eCurrency information.

Current updates/additions:

EMO

e-Gold

e-Bullion

eCurrency

Digital Gold Currency

Monday, December 12, 2005

New Blog

Well, I took some time off web publishing to get some things into order. Now I am back and excited to be putting out information about eCurrencies and DXInOne again. This is a slow and sometimes frustrating time for those involved in the DXInOne investment, but I think there are valid structural reasons behind the slowdown. And I feel the future is positive. I want to post some of the information that I have found, past experiences, and strategies for making money in the future with DXInOne and eCurrency Exchange.