entree

It would be improper to make a few remarks then drop the subject. For those with continuing curiosity about this DXSynergy scheme, it should be noted that those behind this 'business' have, over the weekend, taken the entirety of users' work of the last couple years and thrown it all back in their face.

In yet another change to the DX funds naming and 'rebalancing' that has been the free reign of DX Administration, it appears that users' previous value in the system has been transferred to an even more useless type of currency and have been suddenly saddled with unaccountable debts that, in effect, have devalued their accounts by wildly varying percentages.

Managing to find some value, somewhere in the accounts that can be exchanged for real money has become next to impossible, as if the fact that existing exchange attempts have been abandoned by the system for almost six months now hasn't been bad enough!

But thank goodness, we're finally seeing the mounting declarations of disillusionment and growing discontent among even the hardiest cheerleaders of this scheme and, yes, even the disappearance altogether of some. Those of us who've recognized this fiasco for what it is actually is are finding good reason and relief to expect a forthcoming end to this sideshow, that has resulted in a loss of millions of dollars to an estimated tens of thousands of duped investors.

This latest of many shows of power and lack of concern for it's members is a clear statement that DX will be changing it's focus to what may well be it's original goal anyway: Federal Gold - in effect, an unregulated, underground cashway, with an unknown purpose. The rest of the unfinished DX "Services" can now hasten to wither on the vine.

The best part is, of course, unrealized grief for those poor souls who'll never have a chance to throw away ever penny into this 'business!'

Thank you,
-entree

Dynamic-Xchange

Federal-Gold is now accepted for InXchanges and OutXchanges to the DXSystem.

__________________
http://www.dynamic-xchange.com

magpie

Dynamic-Xchange (real name..Simon Minister) is a conman.

Don't believe anything he says.

chargebacks

I have to say, I am confused

What is Dynamic-Xchange ? I assume some form of digital currency like PayPal?

More so, it's strange to see so many people claim that it's a scam. Has everyone claiming to have been scammed by them actually been scammed directly?

Certainly I think everyone deserves a fair chance to explain themselves but trying to follow this thread is getting to be a challenge even for me.

Should we open a new forum just for Dynamic-Xchange?

__________________
John Lark
Chargeback Forum Senior Moderator
http://www.chargebackforum.com/

Dynamic-Xchange

Dynamic-Xchange.com is a website about DXSynergy, it is not a digital currency. There are just some people who thought DXSynergy would be a get-rich program but as it is not they are annoyed.

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http://www.dynamic-xchange.com

Dynamic-Xchange

News Article Details

Article ID: 167
Article Date: Sunday July 01st 2007 5:21:00 PM (UTC +11:00)
Article Publication: Public
Article Title: Federal Gold and System Update

News Article Content

Updating what additional features there have been during the past few days in the DXSystem we now have Federal Gold linked to the DXAccounts and DXPortfolios as a unique currency that can be transferred to and from a DXUsers Federal Gold account. Federal Gold (FGR) can be Spent to any DXUser who then also holds the funds uniquely separate to DXG Standard.

The funds from Federal Gold are held by Federal Gold Reserve and therefore are able to be transferred to anywhere in the DXSystem and transferred to and from the Federal Gold accounts. Federal Gold will operate independently in the DXAccounts and services compared to other e-currencies that are combined as the single value.

There has also been additional payment services added to broaden the number of options to operate with.

Some changes have been made to the DXTrade Exchange to help with the selection of trades and there has also been a change to the Preview time leading up to the trading, this has now been reduced to 1 hour along with shorter length of the Opening Call.
For those DXUsers who only want to trade some of their DXG at a market average there will be a feature provided this week.

Another feature that has been requested by a number of DXUsers who have a negative DXG Standard and are wanting to use the DXTrade Exchange however any InXchange they make is absorbed by the negative.
There will be a way to InXchange and use the funds in DXTrade added this week so that DXG Standard can be traded for DXG Rewards.

DXUsers should take advantage of the feature to clear any negative in the DXG Standard with the help of the earnings that had been increased over the last months in order to have the accounts working as a storage and credit service.
Both DXG Standard and DXG Credit will be OutXchangable however the DXG Credit will be similar to using a credit card but with more advantages.

DXMerchants will notice that the menu position has also changed and the function is now listed under DXBusiness.

Updating where the main feature services are positioned at present during the upgrade, we have the DXSeeker being expanded to offer advanced searches which will also carry text based dXposed advertising. DXShopping will be fully upgraded with a new layout to make it more user friendly and DXAuctions and DXConnect are waiting to be released.

Look out for further updates during this week.

__________________
http://www.dynamic-xchange.com

entree

No It's not a get-rich quick scheme, but you would certainly like to make that out of it.

To COMPLETELY answer the Admins question:

1. "Dynamic-Xchange.com" is a web site run by the poster that uses the name "Dynamic-Xchange".

2. With his website, "Mr. Dynamic-Xchange" charges hundreds of dollars to people he can catch in the DX spiderweb, to teach them how to use the DXSynergy scheme, which is a collection of watered-down lookalike services such as Google Adwords and a horribly featured and supported online 'storefront.' These are so useless as to give the appearance of some kind of 'front' for other, suspected, underlying activity.

3. The 'scam' issue comes up because upwards of $50M (conservatively estimated) have been lost to investors hoping to "Gain from all the services" (as the DXSynergy website promotes). In July, 2005, the payout mechanism (the DX system appears to have been operating strictly as a Ponzi since it's inception) shut down completely literally overnight as the Admins suddenly came up with $20M to attempt to buy a Hotel/Casino in the scam Capital of the world: Port Vila, Vanuatu, from where DXSynergy itself operates out of a P.O. Box. Since then, investors have not been able to cash out either their initial investment, nor their 'earnings,' except for a brief period at the end of 2006, when DXSynergy forced some 'Merchant' (another side story) participants to 'put more money in' or lose their accounts.

4. About once a year, the Admins of DXSynergy take carte blanche control of the investors accounts and devalue them severely. The latest incident occurred last weekend, when accounts were devalued from 20% to 50% by the reassignment and reclassification of users funds. Most of the remaining proponents are even ready to confess the obvious, except for "Mr. Dynamic-Xchange," since he makes his money from users in a special way, described above.

5. Dynamic-Xchange.com already has it's own forum, of course run by "Mr. Dynamic-Xchange," although participation has dwindled to almost nothing, as with all DXSynergy associated forums as more and more people have wisened up to the DX SCAM.

You left out a few details, didn't you, Mr. Dynamic-Xchange?

Thank you,
-entree

magpie

You're right Simon, DXS is not a get-rich program. It is a lose-your-money scam.

And you are a liar and a conman for promoting and stealing people's money via this scam.

entree

This, specifically, was the mechanism most currently used by DXSynergy to devalue users' accounts. The quantity of funds in "DXG Rewards" used to be funds acknowledged previously as value the 'system' owed the user, either because it's part of the user's initial investment, or was otherwise 'earned' by the 'services' offered. Now, suddenly, these funds appear as "DXG Rewards", the most worthless of the new renamed system funds. Not only that, but there suddenly appeared large, unaccountable (DX Admin applies proprietary formulas to 're-evaluate' system values) negative values as the primary "DXG Standard" quantity. This negative DXG Standard may be erased, as this latest "News Article" notes, by giving up a like quantity from your new "DXG Rewards" value. Hence my claim of overall account devaluation, which indeed has most users fuming once again.

Thanks for posting this latest News Article, Mr. Dynamic-Xchange. Keep them coming, as each new one shows the users' continued arrogant treatment by DX Administration.

Thank you,
-entree

Dynamic-Xchange

News Article Details

Article ID: 169
Article Date: Monday July 02nd 2007 11:38:00 PM (UTC +11:00)
Article Publication: Public
Article Title: Referral Commissions

News Article Content

Several updates have been made to the DXAccounts and DXPortfolios that will add funds to the balances.

The DXCredits that had been collected for referring have now been cleared to the Incoming Balance as DXG Credit.
The referral commissions will be changed to receiving a percentage of the Spend and DXDirect transfer fees between accounts, which will add an additional income stream for the referrers.

The last of the EOS Credits earned from the portfolio have now been collected to the Reserve Balance and the function has now been removed from the portfolios.

The pending system wide DXDebit Withdrawal that was created in March has been automatically repaid with funds from the Incoming or from the Available Balance. Any remaining DXDebit Withdrawal will be available until Session 345 for those DXUsers who want to repay the remaining amount.

A new feature that will be released over the next two days is an option to OutXchange directly from the DXPortfolio and while the request is waiting to be processed the earnings will continue. The 30-day repayment of the OutXchange will only commence at the time of the processing.
More details will be released about this in the next update.

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http://www.dynamic-xchange.com