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Re: *Unofficial* ICBIT (BTC Futures Trading) - Help & FAQ's
by
akwfleaspirit
on 11/07/2013, 05:40:04 UTC
when you are holding positions that compete with people who can create unlimited contracts and who can see the details of your positions, including available bitcoin.

Again, this is a Help & FAQ and not the place for a discussion on your topic.  I'll no longer be posting here in response to your assertions.  I have continued the conversation here though:
 - http://bitcointalk.org/index.php?topic=50817.msg2703939#msg2703939

The question you pose on that thread under the guise of paraphrasing my comment is very dishonest.

I'm sorry to see the level of ethics of people who have 'power' in the bitcoin world.

Post whatever conversations you like wherever you want. If  I notice something I feel needs a response I will respond.

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Have to add this comment I noticed from you Stephen.

https://bitcointalk.org/index.php?topic=50817.msg1450792#msg1450792

You and Fireball and others who may be clones of you do not notice the dots on the path traced to closing spot. Do you know what those dots are, e.g. 1m 6m 1y on your diagram? Do you know how they relate to the word you and Fireball use again and again and again? You do not know what the word means. Please provide a hundred links to whatever investopedia you like. You do not know what the word means. Fireball does not know what the word means.

This is theater of the posers.

I beg any of you pretenders to please find out what the words arbitrage, backwardation and contango mean, and what they do not mean. They are not magic words that you can just toss out to throw a smokescreen when you don't know something.

"Why is price x lower than price y"
"Oh, it is backwardation"
"Ah, I see. It's clear now."

"Why did a December contract move against spot by $10?"
"Well its arbitrage. Maybe you don't have the knowledge to understand it".
"Oh yes. I see. Arbitrage it is, okay"

A whole bunch of people that sound like teenagers pretending to be experts. And how they got this far without their bluffs, their fraud, being called, who knows?

Please, anyone who might be thinking of investing with this group please read all the posts and ask someone who knows about markets before you deal with them. Be careful of this group.