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.
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.
posted by Unknown at 2:06 PM
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