Topic: [BTC-TC] Virtual Community Exchange [CLOSED] - page 86. (Read 316457 times)

I don't understand half of what you're saying most of the time.

.b

Funds or assets are held in reserve from the point when you write the option(s). The "Escrow Required" field is to indicate which amount of funds/assets is held in reserve, which is simply the strike times the quantity when writing a put or the amount of shares when writing a call.

It is held in reserve as I write them, or as anyone buys them?
I'd like the second one, though I guess it's the first (which I would totally understand, np)

Thanks!

edit: the fee is the same as with normal transactions? or is there also a fee on the premium? What's the "Escrow Required" field for?

If you write options, everything required to fulfill that obligation is held in reserve.

Cheers.

How do options work in btct, i.e. do I have to keep all the strike sums basically locked on the site, or is there a better way of doing that?

For what its worth, every manual withdraw I've done has been processed pretty darn fast.

It'll get better eventually when we have someone working CS full time.  Bottom line though is that the manual withdrawal is a necessary evil so that we do not have to expose our hot wallet to a large theft.

Cheers.

That's really too long especially with 2FA and a locked address.  I would say that is one of the biggest marks against your site.  I still like it overall.

hey it appears like some incremental changes are happening at the worksite looks good imo!..thanks

Usually less than 8 hours.

I requested a manual withdraw today requested 2013-06-29 00:30:11 but i have yet to see the payment sent to my wallet. How long does it take for the withdraw to take place?

I just got done doing an audit on the new cron-based deposit code.  Sure enough.  My new deposit reading code I introduced a few days ago was double depositing occasionally.  It was a race condition of sorts, where there were certain actions in the site checking for new deposits plus a cron job checking for new deposits and if both triggered in the span of about 30 seconds they'd overlap.  It should be taken care of now, I've pulled out the actions on the site that were checking.  It would definitely have exposed some strange behavior if you were watching it as it happened.

Cheers.

just wondering are there physical certificates available for these issues,,,thanks

zzz just look "virtual ceos" are listing pos shares up on  google docs i know too complex for the geeks..thanks

I can't speak to bitfunder, but BTC-TC has two or three notions of balances, and it gets fairly complex.  The balance you see at the top of the page is cached, the balance you see on the wallet page (in the middle, not at the top) is the only place you can see the non-cached value, minus options reserves.  (the third notion of your balance is your non-cached balance plus option reserves.)  For the most part I update the cache value whenever something happens that changes the underlying real value, but there are bugs in a few places that I've been working out on that.  It wouldn't surprise me at all to find out that a single deposit into the real balance got credited twice to the cached balance for instance.  I'll take a look at TAT's screen shots and see if I can work it out.

We've also had negative balances in the past.  Though not by much.  Our issue was because we were using bitcoind for the account handling and we allowed people to withdraw their full balance.  Well, your full balance plus the occasional tx fees meant that your balance would go negative at the exchange's expense.  That's why I had to introduce the 0.0025 reserve.  There are still some accounts that go negative when the client puts together a withdrawal using a lot of dust.  I've seen fees as high as 0.0045.  (would put the account negative 0.002)  Now when that happens I make a deposit into those unlucky accounts to bring them back to zero.  It'll be less of an issue when we upgrade to a newer bitcoind with the lesser fees.

Probably old display bugs.

I have experienced negative balances on bitfunder before

Nope, the amount isn't exactly 100, but I'll pm some screenshots to you of the weirdness.

A password reset will unlock it.  It will also unlock automatically after a while.

Cheers.

If it showed it all many browsers would croak.

Complete history is available via API or via graphs at coinflow.co (which is undergoing an upgrade atm.)

Cheers.