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Topic: Camp BX Platform in Beta: Margin Trading, Short Selling, and Advanced Orders - page 4. (Read 14213 times)

sr. member
Activity: 299
Merit: 250
Umm We need more test coins to play with, I think I can probably sell 1 tBTC for over $9000 Smiley

Someone just fulfilled your wish with a massive Sell order!  I am surprised testnet coins are so rare though.

Thank you for trying out Camp BX!
    - Keyur


sr. member
Activity: 299
Merit: 250
I registered and received my email in plain text!

Please, change that immediately. This is completely insane. Is there any of the exchanges here with at least someone understanding basic security?

Done!  Initial email with passwords was a testnet-only thing, because people tend to choose disposable, forgettable passwords for trials.  We were going to disable it at livenet launch, but have gone ahead and done that now. 

"Forgot Password" email will be replaced with a reset-password link later this week.

Thank you,
      Keyur

member
Activity: 84
Merit: 10
I applaud your creativity and entrepreneurship. However, I do not like the idea of the derivatives market. It would add even more volatility to something (read: the market) that is already bipolar.

Damn.. I knew it would happen eventually. How and why would this be good for the bitcoiners?

No it won't. If someone loses their money in the markets then it doesn't effect everyone else, especially on btc. If one person loses, someone else gains. No bailouts here!
newbie
Activity: 49
Merit: 0
I applaud your creativity and entrepreneurship. However, I do not like the idea of the derivatives market. It would add even more volatility to something (read: the market) that is already bipolar.

Damn.. I knew it would happen eventually. How and why would this be good for the bitcoiners?
sr. member
Activity: 428
Merit: 254
I registered and received my email in plain text!

Please, change that immediately. This is completely insane. Is there any of the exchanges here with at least someone understanding basic security?
newbie
Activity: 14
Merit: 0
Umm We need more test coins to play with, I think I can probably sell 1 tBTC for over $9000 Smiley

Nobody is mining on testnet?
Maybe tesnet bitcoins will have a real value... after all they are really needed for testing purpose
member
Activity: 84
Merit: 10
So you are in effect offering a 1:2 leverage (you say 50%)?

The instrument to be traded is BTC/USD?

How do even determine price, given that there are half a dozen exchanges?

How do you guarantee it?

Do you hold the customer accounts in BTC alone, or have a combo of internally convertible BTC / USD like at MtGox?
=> Are you effectively converting the currency or are these all USD based speculations on the value of BTC/USD? I.e. you place your position in USD and hold the account in USD, speculating on BTC, but never actually holding it..or, put differently yet, are you going to be a market maker or is every single trade routed through to the BTC exchange network?
If so, are you aware that even if you say you have financial grade hardware, you might be unable to provide realtime fills?
=>Are fills guaranteed?  Are stops?


How live will live trading be, i.e. how fast would executions be?


Who is your regulatory oversight?
Since you are USA based, how does it look with NFA, FDIC?
Who insures your accounts?


How large will comission (or comission disguised as spread) be?


If I remember any more of the standard questions, I'll add them, but others should have the same DD in their mind..
sr. member
Activity: 280
Merit: 250
Firstbits: 12pqwk
Umm We need more test coins to play with, I think I can probably sell 1 tBTC for over $9000 Smiley
sr. member
Activity: 280
Merit: 250
Firstbits: 12pqwk
Cool, I'll be transferring  over my funds and coins from mtgox soon... hopefully they will release my account before your official launch.
newbie
Activity: 56
Merit: 0
full member
Activity: 143
Merit: 100
Awesome!
And you timed your exchange's introduction perfectly haha
Hope to be trading on it soon!
full member
Activity: 168
Merit: 100
Crikey! After seeing this I thought "what's a mtgox?"
Look forward to your bug squashing on testnet and your live launch.
Timely release btw after the CNBC and BloombergTV coverage. Good on ya.

All the best.
newbie
Activity: 56
Merit: 0
nm i found the depth - maybe can you have the depth on the order entry page as well, also can you seed some sell orders Smiley
newbie
Activity: 56
Merit: 0
looks great - can I offer i suggestion, can you provide market depth
full member
Activity: 155
Merit: 100
*looks* amazing, and I love the idea of a US-based exchange for those who do not wish or need to remain anonymous.  Perfect for some!

Now lets see if the trading engine and backend is up to the task Smiley
member
Activity: 135
Merit: 10
member
Activity: 84
Merit: 10
hero member
Activity: 616
Merit: 500
It's too graphic intensive on my computer.

I don't really care about looks as long as the data is easy to read, I want to see up-to-date value information while I'm typing in the bid/sell price.

When you type in a bid and click preview, the only option is "Buy Now". You need a Back Button.
But it's not bright to load the preview in another screen when you can do a real-time preview on the same page.

Instead of having separate pages, why don't you let us put bids and sales into the system on the same page as the graphs. I wanna be able to see the whole site and option on one convenient page without the hassle of navigating back and forth
sr. member
Activity: 280
Merit: 250
Firstbits: 12pqwk
WoW you bought real BTCs with monopoly money?
That doesn't sound too fair does it? hense we have to roll-back on that transaction, lawl  Grin

FYI you bought a monopoly BTC with your monopoly money.
full member
Activity: 196
Merit: 101
I withdrew 1 BTC from Campbx and it never reached my address (looking through blockexplorer.com). Could you please check the transaction? My username is imperi.
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