Bitcoin Forum

Economy => Marketplace => Topic started by: Smalleyster on July 11, 2011, 12:09:58 AM



Title: Mildly unimpressed with both MtGox and TradeHill
Post by: Smalleyster on July 11, 2011, 12:09:58 AM
For one thing I was not alerted by email when trades happened.

Second I had to write a spreadsheet to figure out what they actually charged me.

Thirdly they both log you out in miniscule time periods.

And I NEVER get the TH capcha right the first time (blind as a bat and all that rot)


Fairly unprofessional compared to the brokerage accounts I have used.


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: kiba on July 11, 2011, 12:16:07 AM
When your account get hacked because they added longer timeout period, you will scream bloody murder!


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Meatpile on July 11, 2011, 12:19:02 AM
Wahhhhhh I deserve all things in the universe to go in the exact fashion I envision in my brain!!!!!


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: patvarilly on July 11, 2011, 12:27:56 AM
Wahhhhhh I deserve all things in the universe to go in the exact fashion I envision in my brain!!!!!

A fine example of the free market responding efficiently to its customers demands ("the customer is always right").  So much better than those government-regulated monopolies that just tell you to shut up and accept things just the way they are.

Freedom.


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: kr105 on July 11, 2011, 12:31:46 AM
For one think I was not alerted by email when trades happened.

Second I had to write a spreadsheet to figure out what they actually charged me.

Thirdly they both log you out in miniscule time periods.


And I NEVER get the TH capcha right the first time (blind as a bat and all that rot)


Fairly unprofessional compared to the brokerage accounts I have used.

I agree with your 3 first points  :)


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: haydent on July 11, 2011, 12:36:01 AM
my complaints with TH's trading/order page http://forum.bitcoin.org/index.php?topic=24988.msg349060#msg349060


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Meatpile on July 11, 2011, 12:37:03 AM
Sorry I just feel real hostility towards the speculators, its not what bitcoin was designed for.


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: patvarilly on July 11, 2011, 12:41:35 AM
Sorry I just feel real hostility towards the speculators, its not what bitcoin was designed for.

:-D  Apology accepted.  I dislike speculators too, but the way Bitcoin is set up, speculation is (mostly) all we'll ever get.


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: geek-trader on July 11, 2011, 12:42:56 AM
Sorry I just feel real hostility towards the speculators, its not what bitcoin was designed for.

No plan ever survives contact with the real world.

All currencies have speculators.  No speculators, no exchanges.


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: lettucebee on July 11, 2011, 12:55:55 AM
Smalleyster,
mean people on this forum suck, don't they?  Another thing I don't like about Tradehill is how they force you to write things down from one page to remember them at the trade page, e.g., current price.  It's always bad form to require people to memorize or write things down as they navigate your site.


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: frozen on July 11, 2011, 01:14:11 AM
Speculators are hardly the enemy: http://mises.org/daily/4466


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Frank White on July 11, 2011, 01:16:00 AM
http://mtbmedia.com/tradehill/buyorder.jpg


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Frank White on July 11, 2011, 01:18:57 AM
http://mtbmedia.com/tradehill/withdraw.jpg


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: frozen on July 11, 2011, 01:20:17 AM
Really nice and clean look Frank. When will it be pushed to production?


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Kermee on July 11, 2011, 01:21:58 AM
Wow. Impressive.

Cheers,
Kermee


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: GeniuSxBoY on July 11, 2011, 01:23:24 AM
::GASP::




You forgot an "order history" log


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Frank White on July 11, 2011, 01:25:37 AM
::GASP::




You forgot an "order history" log

Will be in 'dashboard'


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Bitman_Begins on July 11, 2011, 01:37:42 AM
I am one with you on the CAPTCHA business. I haven't had any trades on Tradehill so far because prices are too stable and I've only just joined. Mt. Gox is okay, there is just the 0.03 percents BTC charge, right?.. will be much more action on the exchanges come the next RALLY!...  ;D


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: GeniuSxBoY on July 11, 2011, 01:55:50 AM
::GASP::




You forgot an "order history" log

Will be in 'dashboard'


The history disappears over time in the current dashboard. Can that change to be permanent and downloadable into a log?


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Oldminer on July 11, 2011, 01:57:04 AM
Yea I tried TH but couldnt deal with the clunky frontend. Will revisit once this goes into production.


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Smalleyster on July 11, 2011, 04:12:30 AM
LOL! Yes mean people do suck but they keep one on one's toes. 8^)

To the exchanges; look at ETrade, TDWaterhouse and Scottrade for the level of professionalism the average investor expects nowadays. These are the ones I use and their peers have smilar functionality.

At the very least PLEASE add email notice of a trade.


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: RandyMarsh on July 11, 2011, 04:22:45 AM
I wouldn't call myself an average investor though, 75% of my bitcoin transactions are done without pants on.  ;D

The new Tradehill is lookin sharp, i like alot


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: koin on July 11, 2011, 05:08:09 AM
75% of my bitcoin transactions are done without pants on.

lolz!

and ditto!


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: kr105 on July 11, 2011, 05:18:47 AM
At the very least PLEASE add email notice of a trade.
+1, please!


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Glorious House of Barry on July 11, 2011, 05:34:58 AM
I've gotten good at the TradeHill CAPTCHA lately.

It makes me feel proud.


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Jered Kenna (TradeHill) on July 11, 2011, 05:51:03 AM
LOL! Yes mean people do suck but they keep one on one's toes. 8^)

To the exchanges; look at ETrade, TDWaterhouse and Scottrade for the level of professionalism the average investor expects nowadays. These are the ones I use and their peers have smilar functionality.

At the very least PLEASE add email notice of a trade.

Hi Smalley,

Thanks for the business, the post and the feedback.

Frank's work is really good and we plan to impliment it soon.

You will be pleased to know that a senior developer from Interactive Brokers is joining us as an advisor.

This person coded many parts of the IB platform and has their Certificate in Quantitative Finance. He is a long time personal friend who is thrilled to be working with us.

As BTC volume (millions/month) catches up to global capital markets volume (trillions/month) so will the advancement of trading platforms.

Feel free to reach out if you need anything!

Regards,
Adam - Tradehill 


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: opticbit on July 11, 2011, 05:58:29 AM
why don't you start paying $10 per trade plus 1%.

or code it your self if you don't like it

for a start up I'm happy with what I'm getting at .5% and they are progressing nicely.


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Alex Beckenham on July 11, 2011, 02:04:36 PM
Sorry if it's already been asked... I saw your lovely new BUY form, but how does one easily just buy "$50 worth of bitcoins at a rate of $13.50". Do you still need to work it out manually on a calculator first and then type in 3.7037037?


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: GeniuSxBoY on July 11, 2011, 03:08:55 PM
At the very least PLEASE add email notice of a trade.
+1, please!



I can't do this, I need text notifications on my phone since I'm never near my computer


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: stic.man on July 11, 2011, 03:10:15 PM
tradehill not having limits on withdrawals is pretty nice


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: elggawf on July 11, 2011, 05:25:43 PM
JMHO, but I think the session timeout thing should be optional. If you get Malware on your PC then it's game over anyway, and over HTTPS your options for session hijacking are severely limited. I think the session timeout stuff is just a bike helmet, implemented because someone happened to suggest it at a time when MtGox got hacked in a massive way.

The actual attack vectors for long-running sessions are extremely narrow in scope, and personally if someone's logging into a Bitcoin exchange at a Starbucks without HTTPS they deserve everything they get. I'm a big boy, let me opt out of session hi-jacking and if my account gets owned that way then I'll take responsibility for it.


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Frank White on July 11, 2011, 08:21:21 PM
excited


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: MagicalTux on July 11, 2011, 10:14:24 PM
For one thing I was not alerted by email when trades happened.

Second I had to write a spreadsheet to figure out what they actually charged me.

Thirdly they both log you out in miniscule time periods.

And I NEVER get the TH capcha right the first time (blind as a bat and all that rot)


Fairly unprofessional compared to the brokerage accounts I have used.


If you check your account history, you'll notice we display trading fees on the account history as separate lines, should make things rather easy.

We'll add the ability to receive trading emails soon, and the ability to change the logout period to something different soon too (per-account setting, will come with timezone selection at the same time).


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Meatpile on July 11, 2011, 11:10:29 PM
Speculators are hardly the enemy: http://mises.org/daily/4466


Well too bad that article doesn't relate to bitcoin at all. It is linking a real world commodity to real world supply and demand. Instead of a purely speculator vs speculator system that is bitcoin. Until bitcoin is priced to real world goods, then it will forever be a gambling mechanism where one speculator makes money purely from a bad speculator on the other end.





Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Frank White on July 12, 2011, 12:20:27 AM
I believe TH will be implementing e-mail or SMS alerts when a trade goes thru or you withdraw (if you specify so).


Anyone else have suggestions ? Maybe if we give tradehill some ideas they can implement them over time!


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Smalleyster on July 12, 2011, 12:52:29 AM
For one thing I was not alerted by email when trades happened.

Second I had to write a spreadsheet to figure out what they actually charged me.

Thirdly they both log you out in miniscule time periods.

And I NEVER get the TH capcha right the first time (blind as a bat and all that rot)


Fairly unprofessional compared to the brokerage accounts I have used.


If you check your account history, you'll notice we display trading fees on the account history as separate lines, should make things rather easy.

We'll add the ability to receive trading emails soon, and the ability to change the logout period to something different soon too (per-account setting, will come with timezone selection at the same time).

Much better response than the PR guy. You should re-train him. I have been biting my tongue not to respond to his post.

Thank you I look forward to your growth and will look at the history.

EDIT

Wait a minute you're not TH, you're Mtgox! LOL!

I thought you were following up on the TH guy. You could have been a little clearer as to whom you represent. 8^)


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Smalleyster on July 12, 2011, 05:07:20 AM
Ok now to both of you:

I should not ever have to break out a calculator or fire up a spreadsheet to perform simple trades.

Everything should be served up to me on a platter without my needing to go dig around in history or any other page or program.

Neither of your input screens was as obvious as I had expected.

Like the post above mentioned I had a set amount of money to place and you both made me go do the arethmetic.

Frankly it irritated me that I placed exactly the same order in both of your sites and MtGox gave me a partial btc even though their commission was listed as being smaller than TH.

wtf???


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: ctoon6 on July 12, 2011, 09:24:55 AM
you want an ai to buy and sell for you too?


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Smalleyster on July 12, 2011, 12:33:06 PM
you want an ai to buy and sell for you too?

If not why not? I'm a spoiled consumer with years of built up expectations.

After all these years of using toilet paper I bitch and moan incessantly whenever I'm expected to use a corn cob!

8^)


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: the joint on July 13, 2011, 02:38:11 AM
Sorry I just feel real hostility towards the speculators, its not what bitcoin was designed for.

So you think...if I knew how to code well enough to design my own currency in such a way that I would be the #1 profiteer, I would do it, and it would look like Bitcoin.  Just like if I owned the NBA or NFL, I would want my games rigged, such that a team like the Saints would win the superbowl after some natural disaster, and the NBA's most hated team would lose in the 7th finals game to a bunch of old white guys.


Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: Meatpile on July 13, 2011, 05:30:30 AM
Sorry I just feel real hostility towards the speculators, its not what bitcoin was designed for.

So you think...if I knew how to code well enough to design my own currency in such a way that I would be the #1 profiteer, I would do it, and it would look like Bitcoin.  Just like if I owned the NBA or NFL, I would want my games rigged, such that a team like the Saints would win the superbowl after some natural disaster, and the NBA's most hated team would lose in the 7th finals game to a bunch of old white guys.

That is a difficult post to understand. but I think you are saying that anything that doesn't have wild gambling driven speculation is rigged? You are going to have to explain that one.





Title: Re: Mildly unimpressed with both MtGox and TradeHill
Post by: the joint on July 13, 2011, 05:48:47 AM
Sorry I just feel real hostility towards the speculators, its not what bitcoin was designed for.

So you think...if I knew how to code well enough to design my own currency in such a way that I would be the #1 profiteer, I would do it, and it would look like Bitcoin.  Just like if I owned the NBA or NFL, I would want my games rigged, such that a team like the Saints would win the superbowl after some natural disaster, and the NBA's most hated team would lose in the 7th finals game to a bunch of old white guys.

That is a difficult post to understand. but I think you are saying that anything that doesn't have wild gambling driven speculation is rigged? You are going to have to explain that one.






Bitcoin is purported as a better solution than traditional, centralized currency.  I agree with this.  But that doesn't mean 'Satoshi' didn't also do it to make a quick buck.  Even if he's sincere in his motive, its still a fantastic way to make a quick buck while simultaneously doing something he believes is ethical.  Much the same reason I'm a social work/psych major.  But if I didn't get paid anything, I wouldn't be a social work/psych major; it just happens to be an ethical field in which I can make a lot of money.  Rigging NBA and NFL games is another way to make a buck, and, if done right, would actually add excitement for the fans (rigging a series to go to 7 games rather than ending in 4 or 5).  I also mine/exchange bitcoins to make a buck.  The opportunity is there, and the cost for said opportunity is low (and risk is equally low if you're in the habit of day trading).

I'm just talking about opportunity-cost.  The opportunity was there for Satoshi to utilize his skills to make a buck.  Whether or not that was his intention, I don't know.  But I do know that I would do it to make a buck (or million) in an instant.  And that's why I have a bid for 200 coins at .02 USD.  I want to make a quick buck too.