Quote from: akwfleaspirit on July 09, 2013, 03:08:19 PM

Quote from: Super T on July 09, 2013, 06:47:22 AM

I have to say, I don't think your views are particularly well thought out, or widely held.

I am not especially articulate and have deficits that may make my explanations unclear. For a more intelligible explanation of part of the icbit scam see http://polimedia.us/trilema/2012/icbitse-the-bucket-shop/

Well, I won't speak for anyone else, but don't take Popescu seriously.

I think (disclaimer: I have no direct evidence that was him, as he was working through "his broker" usually), the ICBIT hatred appeared after "he" sold short a big amount of futures at our exchange, but the spot rate started sky rocketing. Instead of limiting "his" loss, accounts presumably controlled by him started selling more and more, creating huge backwardation of futures price vs spot price. Eventually, money on those accounts ran out, and they were forcefully liquidated against the market.
Incidentally, shortly after that, MPOE-PR invaded our forum threads, and posted those accusations on his blog website.