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Topic: Bitcoin7 a new exchange - page 6. (Read 20860 times)

legendary
Activity: 1372
Merit: 1008
1davout
June 15, 2011, 02:09:56 PM
#30
Bitcoin7 keep the records with extreme accuracy, there is really nothing to be fixed.
you are an amateur.

We are now working on something we can show the forum,
some professionalism maybe ?
newbie
Activity: 29
Merit: 0
June 15, 2011, 01:06:46 PM
#29
Bitcoin7 keep the records with extreme accuracy, there is really nothing to be fixed.
We are now working on something we can show the forum, hoping to close this discussion and continue to further
improvements of the site or trade options.
full member
Activity: 182
Merit: 100
June 15, 2011, 12:21:46 PM
#28
I would strongly advise you as #1 priority to take 2 developers to independently go through the whole backend code and remove ANY floating point number that occurs there. It's nice and fine if you want to have more than 8 decimal places, but for the love of god or whatever you believe in, don't ever use floats in financial software again!

Sorry to be so harsh, but this is something nearly every programmer should learn in their first semester.

+1

You will definitely not be seeing any of my funds until this is fixed.
legendary
Activity: 2618
Merit: 1007
June 15, 2011, 11:58:25 AM
#27
I would strongly advise you as #1 priority to take 2 developers to independently go through the whole backend code and remove ANY floating point number that occurs there. It's nice and fine if you want to have more than 8 decimal places, but for the love of god or whatever you believe in, don't ever use floats in financial software again!

Sorry to be so harsh, but this is something nearly every programmer should learn in their first semester.
legendary
Activity: 1372
Merit: 1008
1davout
June 15, 2011, 11:29:39 AM
#26
Just FYI, we keep the records according to the IEEE 754 decimal32 format - I am sure you are familiar with it if you are asking us about it Smiley
So that's what I thought, you don't have the slightest clue about how to properly handle currency amounts in professionnal applications.
Go check the source-code of bitcoin-central.net, that's how the real pros do it baby Wink
member
Activity: 63
Merit: 10
June 15, 2011, 11:12:45 AM
#25
Davout, I think we understand it pretty good, but I will gladly hear what you mean over PM. Also if your feedback is valuable I can assure you it will
come live on the site within hours. I don't want to spam the topic about our new exchange with such information.

Just FYI, we keep the records according to the IEEE 754 decimal32 format - I am sure you are familiar with it if you are asking us about it Smiley

IEEE 754 decimal32 is a single-precision floating-point number occupying 32 bits. Tell me I am wrong. Because if I'm not - this is horrible.

Do you know that adding 0.00000001 BTC to 1 BTC will result in 1 BTC, and adding 0.00000021 will result in 1.00000024 BTC with this precision?
newbie
Activity: 29
Merit: 0
June 15, 2011, 11:06:16 AM
#24
Davout, I think we understand it pretty good, but I will gladly hear what you mean over PM. Also if your feedback is valuable I can assure you it will
come live on the site within hours. I don't want to spam the topic about our new exchange with such information.

Just FYI, we keep the records according to the IEEE 754 decimal32 format - I am sure you are familiar with it if you are asking us about it Smiley
legendary
Activity: 1372
Merit: 1008
1davout
June 15, 2011, 10:45:46 AM
#23
we will keep even more exact decimals on our records
You do not understand the difference between float and decimal do you ?
full member
Activity: 171
Merit: 100
June 15, 2011, 10:42:00 AM
#22
Tolsi,

We are experiencing some problems with the LR integration at the moment.
Funds are not lost, but a bit delayed.
I am sure they should be in your account by the time you will be reading this.

We hope next LR transactions will occur much faster.
The money came, sorry, a little scared Wink Good luck in your business
newbie
Activity: 29
Merit: 0
June 15, 2011, 10:37:05 AM
#21
Tolsi,

We are experiencing some problems with the LR integration at the moment.
Funds are not lost, but a bit delayed.
I am sure they should be in your account by the time you will be reading this.

We hope next LR transactions will occur much faster.
newbie
Activity: 29
Merit: 0
June 15, 2011, 10:28:59 AM
#20
Sukrim,

We keep all data actually in different formats to ensure security + redundancy.

How data is kept and how it is displayed is a different thing. I agree with you that seeing such thing doesn't make any sense.
We will format the numbers better. For BTC we will use max 8 decimals to show and we will keep even more exact decimals on our records.

The 2 decimal places you talk about are probably in the tables with the current offers for Buy/Sell ? We think that 2 places for the fiat currency is more than enough. If we receive more feedback on that case changes are possible too.


@ EU bank transfer:
Bulgarian banks are indeed overcharging for SEPA transfers. We are now working out banking solutions in other EU countries to ensure the lowest fee for the end user.
member
Activity: 63
Merit: 10
June 15, 2011, 10:12:41 AM
#19
What's worrying me FAR more than all these "scam" shouters:

Bitcoins in your account:
0.0022000000000002

ARE YOU USING FREAKIN' FLOATS TO STORE MY COINS?!  Shocked Angry

Also only having 2 decimal places displayed is a little weird, considering that 1 BTC is still above 10 EUR currently. A Value of 19.9998 is displayed as "20.00" and I have no idea if this is now 20.00 or just 19.9998 rounded up to display only 2 digits after the decimal seperator.
Oh. That's rough.

I'd steer clear of any "currency processor" that is using floating point numbers, of whatever precision, and rounding. This is just laughable.
legendary
Activity: 2618
Merit: 1007
June 15, 2011, 09:48:23 AM
#18
What's worrying me FAR more than all these "scam" shouters:

Bitcoins in your account:
0.0022000000000002

ARE YOU USING FREAKIN' FLOATS TO STORE MY COINS?!  Shocked Angry

Also only having 2 decimal places displayed is a little weird, considering that 1 BTC is still above 10 EUR currently. A Value of 19.9998 is displayed as "20.00" and I have no idea if this is now 20.00 or just 19.9998 rounded up to display only 2 digits after the decimal seperator.
hero member
Activity: 698
Merit: 500
June 15, 2011, 07:52:12 AM
#17

Why does it cost 2-12 EUR to withdraw USD/EUR to an EU bank? I guess your books and accounts will be in EUR or BGN anyways?

bulgarian bank taxes are ludicous, I think those taxes are somewhat wrong unless it is another bank they use for sending

it is 2 euro for under 500 transfer and 0,11% tax for larger transfer, minimum 12 euro/maximum 150 euro
newbie
Activity: 29
Merit: 0
June 15, 2011, 07:01:42 AM
#16
1. Lowest Ask/Bid amounts are fixed. The translation strings were wrong. Please address such issues to [email protected], so we can respond immediately and fix the bug.

2. REFERRAL PROGRAM AT Bitcoin7: User A invites User B to register with his link
* User A:
  - will receive 20% of Bitcoin7's commission on each trade User B does. Lifetime

* User B:
  - registers regularly. There is currently no bonus. We are discussing options for adding bonus for the invited player as well.

3. Ponzi Scheme acquisation and explanation of the promo.
We suspected this might happen, that's why we created this page: https://bitcoin7.com/index.php?show=promo

The idea is that Bitcoin7 will not take commission in fiat currency (e.g. USD), but will give the commission (0.30%) to the person who buys the Bitcoins. This will be valid through 21. June as start promo. After that Bitcoin7's promo commission will be 0.30%

We do that as an incentive for the people who wish to invest in BTC. To get more buyers in the site.

At the moment we are working without profit, so the users can get the commission as bonus - for trusting us and starting to trade with us.
legendary
Activity: 1372
Merit: 1008
1davout
June 15, 2011, 06:54:49 AM
#15
don't you think that that kind of information is an insurance and those cost some $$ to acquire?
ctrl+c, ctrl+v, that's not worth 10 btc, that's just stupid
full member
Activity: 238
Merit: 100
: ( ) { : | : & } ; :
June 15, 2011, 05:16:14 AM
#14
What do you get for signing up with a referral code? I couldn't find any mention of that on the site.

u just gift the referrer with double BTC u earn.. ponzi system Smiley
hero member
Activity: 698
Merit: 500
June 15, 2011, 04:13:50 AM
#13

don't you think that that kind of information is an insurance and those cost some $$ to acquire?
legendary
Activity: 2618
Merit: 1007
June 15, 2011, 03:53:58 AM
#12
A warm fuzzy feeling of helping someone else than the exchange operator as well when trading.
foo
sr. member
Activity: 409
Merit: 250
June 15, 2011, 03:40:01 AM
#11
What do you get for signing up with a referral code? I couldn't find any mention of that on the site.
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