Topic: CampBX Launch - Free Trades for All Bxlievers! - page 4. (Read 13197 times)

take the "BTC" out of the depth table, dont round it all the way up, put a pause button on the chart slideshow... , get better graphs, API is needed

layout is cool but it's still a bit confusing to read shit

So you will report some transactions to third parties without the user's permission?

I'm reasonably sure it's not - unless someone put a sell offer at $13.49 at the same time I did, my 0.5 got rounded up to 1. They're fixing all these issues as we call them out, which is something I guess. I managed to break it in a most awesome fashion by taking out every last satoshi of Bitcoin at once, which Keyur's team has apparently fixed.

The exchange is really rough around the edges and missing a lot of features, but at this point I gotta give it points for responsiveness.

Also Keyur, the 0.05 increments of BTC was not expected behavior for me, though it sounds like it was for you guys. Will it always be like that?

I think that is the exact quantity. The few people trading are doing it in round numbers so far.

The Depth Table was confusing to me.

Buy Interest | Price
 BTC 1      |  $13. 50
 BTC 4      |  $11.60
 BTC 2      |  $10.00

I thought those BTC N were just labels or something at first.   I didn't realize that was quantity.  e.g., 1+ interest at $13.50

It rounds that down, ... why not list the exact quantity available?

Additionally, I see that you have a ticket / help desk system.  Is that also for these type of issues (e.g., enhancement requests)?

Hi Sarah,
        Everyone tends to have a very personalized take on how they prefer to view their analytics, so we ended up taking the road of empowering end-user.  You can do an export of all your trading history in a CSV file, and use software like Excel / Excelcius / Mathematica to run analysis on it.

We are already looking into two-factor and Bitcoincharts!  Will keep you posted.

Thank you,
       Keyur

QQ,
      No, all transaction do not need to be reported.  This type of legal requirement would be unfeasible and unenforceable. 

Thank you,
     Keyur

I've noticed there hasn't been an answer to this yet I don't think.  Are all transactions reported to any state or government office?

I too would like to see a two-factor authentication. I would like it to have a hardware componet such as a smartcard or usb dongle. Im sure most would be willing to pay a reasonable price to buy those, but if you get gready and charge an arm-n-leg it would drive people away. It would also be convenient if you could buy this device with btc.

And one last thing. Analytics!! We as traders want as many charts and data points as we can get our eyeballs on. Without this info adoption of CBX will be slow. Ok, really one last thing this time. Getting trade info on bitcoincharts.com is free advertizing for you. CBX should make this a priority.

Some good deals right now. 4 bitcoins selling under $12.50 when mt gox is at $14. I guess no one has cash there yet.

I dunno why exchanges are ignoring the time-tested RSA tokens.  You could be the first!

+1 on two-factor...I don't know what cost and complexity would be, but 2-factor via SMS (like Google) would rock. 2-factor with email is not as secure, as it is reasonable that anyone who has your CampBX password may have other passwords (like email) depending on how you were compromised. If someone has my CampBX password and my cell phone, then bitcoins are probably the least of my worries.

Joe,
      Thank you for the insightful post - we are researching available 2-factor options and implementation costs.  I will keep you posted on this.

As for the unclear-hack issue, unfortunately there is no clear solution there.  We tend to take the southern approach in situations like these, and go based on our relationship with the user.

Thank you,
     Keyur

I agree that two-factor needs to be... well... a factor. Due to the digital nature of Bitcoins and the fledgling economy that currently exists, it is going to be a target.

And what if it is unclear where the issue was? For example, when my $200 was stolen from my Mt. Gox account it was impossible to undeniably prove that it was an issue on their side (as all data that was recorded was an IP and a destination address) - however, it was extremely unlikely that it was an issue on my side (as I had a 20 character alphanumeric mixed case password that was not reused anywhere, and did hours of manual analysis on my machine to verify that I had no malware issues). What action would be taken on CampBX' side in such a case?

As to two-factor authentication,  a very basic way to prevent thefts from an account would be by offering two-factor auth through a confirmation email when the user tries to withdraw funds anywhere. A slightly better (but although cheap, not free) option would be sending out texts. A slightly more expensive but still fairly cheap option would be offering a digital one-time pad dongle (much like the dongles and calculators provided by other online banks).

In my opinion the optimal solution would be automatic (free) two-factor authentication for all users using e-mail or SMS (this is likely cheap enough to be covered by transaction fees), and an optional 'upgrade' to a hardware dongle for a one-time fee/purchase.

EDIT: Almost forgot to mention this. In my opinion two-factor authentication is absolutely essential for any serious exchange that acts like a bank to some degree - and from a business perspective of view it would give you an immediate headstart in the Bitcoin exchange market, it being a more-or-less "exclusive feature".

Do it do it do it!

SQ and JoePie,
    If funds get stolen due to any issues on server side, we will stand behind our product and cover the losses.  Any user side compromises of the account will of course not be covered.  You can request stricter limits on BTC and USD transfers on your account to prevent hacker from making away with too much cash.

Hope this helps,
    Keyur

Vectorvictor,

     We have not been able to reproduce this issue despite multiple attempts.  0.78 rounds up to 0.80, and 0.77 rounds down to 0.75 which is the expected behavior.

We will look into offering two-factor authentication depending on feedback from the userbase.

Hope this helps,
     Keyur

I think most people on the testnet site were trading with the $10k allowances they got given, and the 50BTC that you can pretty trivially solo-mine on testnet. So no, I don't think anyone ever actually tried trading tiny fractions of a Bitcoin on it.

I was mistaken also, it's not rounded to one decimal place - it's rounded to the nearest 0.05.  So that means that with 0.78 BTC in my account, I'm only actually able to do anything with 0.75 BTC.

MtGox was frustrating like this too - I have some tiny fractions of a US penny and some fractions of a Bitcoin in there that I can likely never do anything with.

I second this question.