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Topic: BitFloor.com Rocks! - page 2. (Read 17612 times)

hero member
Activity: 816
Merit: 1000
August 10, 2012, 12:47:13 PM
What is the usual turnaround time for emails to [email protected] for ACH withdraw verification?

-Dave
legendary
Activity: 3038
Merit: 1032
RIP Mommy
August 10, 2012, 03:47:41 AM
Weird. I thought the first time, I multiplied BTC to the furthest decimal place by unit price and got a slightly lower result on my calculator than the site showed. Oh well.
sr. member
Activity: 243
Merit: 250
August 10, 2012, 03:40:48 AM
It just seems like something must have changed in the code, for the approximation to use -0.4% now, and +0.1% earlier. So earlier it was set to best-case scenario, and now it's worst-case, it seems.

The limit orders calculator was not approximating fees at all before. It now calculates the amount including fees which you will need available in order to place the order. It does not indicate final fees and is an approximation.
legendary
Activity: 3038
Merit: 1032
RIP Mommy
August 10, 2012, 03:38:57 AM
It just seems like something must have changed in the code, for the approximation to use -0.4% now, and +0.1% earlier. So earlier it was set to best-case scenario, and now it's worst-case, it seems.
sr. member
Activity: 243
Merit: 250
August 10, 2012, 02:47:18 AM
Any idea why limit sell orders are approximating the fee to -0.4%? Don't limit orders get the +0.1% rebate because they are providers?

Coulda sworn the first limit sell order I entered approximated the +0.1% rebate... not anymore.

The approximation is made for a worst case scenario (as it notes your actual fees may differ). The taker fee (0.4%) is used in the approximation since you must have that amount to enter the trade (it will be put on hold). Only after your trades go in and execute is the 0.1% rebate decided and given to you. It is possible for your order to have some part of it execute right away and another part remain on the book. These two parts will receive different fee treatments. All of this is only known after execution.
legendary
Activity: 3038
Merit: 1032
RIP Mommy
August 10, 2012, 01:43:27 AM
Any idea why limit sell orders are approximating the fee to -0.4%? Don't limit orders get the +0.1% rebate because they are providers?

Coulda sworn the first limit sell order I entered approximated the +0.1% rebate... not anymore.

Limit orders only get rebates if they don't match an existing order.

If there were an existing order matched, wouldn't the limit sell have filled immediately? When I entered the second one, it didn't fill. So the approximation is now being made as if there were an existing order, when there isn't. (The first limit order with the +0.1% approximated didn't fill immediately either, so I cancelled it to add more BTC.)
legendary
Activity: 1904
Merit: 1002
August 10, 2012, 01:29:40 AM
Any idea why limit sell orders are approximating the fee to -0.4%? Don't limit orders get the +0.1% rebate because they are providers?

Coulda sworn the first limit sell order I entered approximated the +0.1% rebate... not anymore.

Limit orders only get rebates if they don't match an existing order.
legendary
Activity: 3038
Merit: 1032
RIP Mommy
August 10, 2012, 01:23:02 AM
Any idea why limit sell orders are approximating the fee to -0.4%? Don't limit orders get the +0.1% rebate because they are providers?

Coulda sworn the first limit sell order I entered approximated the +0.1% rebate... not anymore.
sr. member
Activity: 243
Merit: 250
August 09, 2012, 08:18:15 AM
Prices at 1$ and 2000$ are nowhere near relevant for current market activity. What do you glean from knowing that someone wants 0.01 BTC at 1$?. In some cases (equity exchanges, etc) trading wil leven halt if the price of the market moves too dramatically over a given timeframe.
Some heuristic bots might be very interested in that data.

Sure, or they may not be Smiley

It can be obtained via the websocket API. As I mentioned earlier, I will look at adding the full order book via REST, but it will have certain query requirements since polling it would be a waste of resources for everyone (even the bots). I don't disagree that this information should be available (and I will say again that it is ALREADY available via the websocket API, just not via the REST API).
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
August 09, 2012, 08:14:48 AM
Prices at 1$ and 2000$ are nowhere near relevant for current market activity. What do you glean from knowing that someone wants 0.01 BTC at 1$?. In some cases (equity exchanges, etc) trading wil leven halt if the price of the market moves too dramatically over a given timeframe.
Some heuristic bots might be very interested in that data.
sr. member
Activity: 243
Merit: 250
August 09, 2012, 08:12:33 AM
I am surprized that your api do not provide full orderbook, especially that this was not explicitly stated anywhere Sad

From the docs:
"The L2 book shows the top 50 levels for each side. Each side is a list of the levels with bids being sorted from highest price to lowest and asks from lowest to highest. This makes the first element of the bid and ask side equivalent to the L1 book bid and ask."

I will look at expanding the REST order book levels. If you want a more detailed picture, use the websocket API for the streaming data.

Prices at 1$ and 2000$ are nowhere near relevant for current market activity. What do you glean from knowing that someone wants 0.01 BTC at 1$?. In some cases (equity exchanges, etc) trading wil leven halt if the price of the market moves too dramatically over a given timeframe.

I will look at expending the levels as I previously mentioned, but it will continue to be the inside book for some N levels. A full book may be available via REST in the future with some limited query requirements to make it clear that it should not be continuously polled. Users who want up to date info are strongly encouraged to use the streaming API and maintain their order book state. All of the above are advanced uses which target only a small faction of our user base.
sr. member
Activity: 379
Merit: 250
August 09, 2012, 06:57:12 AM
Would it be possible to provide full order book via api? Currently it looks like this:
http://btccharts.com/#m=bitfloor-BTC-USD

I will look at expanding the number of returned levels (currently 50 on each side). It is doubtful that the full book will ever be provided since information about trades at prices of 1$ or 2000$ and such is not relevant to current market conditions. The goal of the REST API book is to provide information about the current relevant conditions.

If you want the entire stream as the data comes in, you can use the websocket API which has no restrictions but is more complex to use.

Hey, I also can agree that this info is relevant for calculateing composite orderbook volume  and for comparison with other axchanges orderbooks volumes.

We use it on our bitcoin-analytics.com service to calculate different bid/ask prices depending on BTC volume 10,100,1000, 10000, 100000.

I am surprized that your api do not provide full orderbook, especially that this was not explicitly stated anywhere Sad

Is it possible to provide full orderbook mode?
hero member
Activity: 1138
Merit: 523
August 09, 2012, 02:57:41 AM
Would it be possible to provide full order book via api? Currently it looks like this:
http://btccharts.com/#m=bitfloor-BTC-USD

I will look at expanding the number of returned levels (currently 50 on each side). It is doubtful that the full book will ever be provided since information about trades at prices of 1$ or 2000$ and such is not relevant to current market conditions. The goal of the REST API book is to provide information about the current relevant conditions.

If you want the entire stream as the data comes in, you can use the websocket API which has no restrictions but is more complex to use.

Umm how exactly is this not relevant as it provides information on the overall liquidity of the exchange.
sr. member
Activity: 243
Merit: 250
August 09, 2012, 02:16:34 AM
Would it be possible to provide full order book via api? Currently it looks like this:
http://btccharts.com/#m=bitfloor-BTC-USD

I will look at expanding the number of returned levels (currently 50 on each side). It is doubtful that the full book will ever be provided since information about trades at prices of 1$ or 2000$ and such is not relevant to current market conditions. The goal of the REST API book is to provide information about the current relevant conditions.

If you want the entire stream as the data comes in, you can use the websocket API which has no restrictions but is more complex to use.
hero member
Activity: 868
Merit: 1002
August 08, 2012, 05:25:11 PM
I use Clark Moody's display of their orderbook: http://bitcoin.clarkmoody.com/bitfloor/
sr. member
Activity: 272
Merit: 250
Cryptopreneur
August 08, 2012, 01:40:12 PM
It would be nice if the orderbook on the website had a bit more depth. 20-30 spaces instead of 10 would be great.
sr. member
Activity: 283
Merit: 250
August 08, 2012, 11:33:07 AM
Would it be possible to provide full order book via api? Currently it looks like this:
http://btccharts.com/#m=bitfloor-BTC-USD

My understanding is that there are two APIs already, one with the full order book and one with the narrow order book. I think btccharts.com is just using the wrong one.

-bgc
hero member
Activity: 728
Merit: 500
August 08, 2012, 02:34:04 AM
Would it be possible to provide full order book via api? Currently it looks like this:
http://btccharts.com/#m=bitfloor-BTC-USD
sr. member
Activity: 243
Merit: 250
August 07, 2012, 05:26:01 PM
Speaking of ID... Can someone from Bitfloor say something about what information they need the ID for, what they do with that information, and how they store that information?  Thanks

In the event of an ACH dispute or other transaction issue with the receiving bank, we need to know who owns the account where the funds are going. It is important that the ID and name on file match what your bank expects.

We do not store your ID on our servers. It is kept in offline storage as a record if needed. We certainly don't give this information out to any third party and only use it to make sure your transactions go smoothly. The entire point of us handling the ACH process ourselves is to make it quick and also avoid exposing your data to third parties.
legendary
Activity: 1008
Merit: 1000
August 07, 2012, 04:39:07 PM
Speaking of ID... Can someone from Bitfloor say something about what information they need the ID for, what they do with that information, and how they store that information?  Thanks
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