Camp BX Platform in Beta: Margin Trading, Short Selling, and Advanced Orders

[hazek]

Ok here a few design and feature position suggestions for your site interface:

I don't know how to best explain this but I guess I can try from the perspective of how I usually trade.

First I want to see the depth table. This is very important to me because even though I don't see dark orders, which btw you should explain somewhere what are the exact mechanics of, I can still roughly anticipate where the market is moving. It's my primary source of information when I daytrade.

2nd I look at recent history. I usually find graphs like these two the most useful: http://bitcoinity.org/markets?theme=light and http://mtgoxlive.com/orders
And I'd like to also see something like these two when I'm writing my order, meaning both the depth table and a graph like these two should be on the "trade now" page.

3rd when I book orders I want it to be as easy, simple and quick as possible. That means:
-no preview step, or at least the option to turn that off, maybe live calculation of how much a certain quantity would cost at a certain price, or how much a certain quantity would net me at a certain price
-displayed live top bid and lowest ask
-automatic order splitting into 2 portions, one for which I have funds for being active and another which I don't have the funds for in the event that I am trying to buy/sell too much
-easily accessible "my orders" table meaning it should also be part of the "trade now" page so that I can cancel them quickly if I want to

These are some of the thing that I noticed right away and changing them would make your exchange become a lot smoother IMO.

Also I realize you'll have an API available but then I'd have to look to someone for a trading client having to learn how to use it and potentially expose myself to more risks.

[Keyur @ Camp BX]

Ok here a few design and feature position suggestions for your site interface:

I don't know how to best explain this but I guess I can try from the perspective of how I usually trade.

First I want to see the depth table. This is very important to me because even though I don't see dark orders, which btw you should explain somewhere what are the exact mechanics of, I can still roughly anticipate where the market is moving. It's my primary source of information when I daytrade.

2nd I look at recent history. I usually find graphs like these two the most useful: http://bitcoinity.org/markets?theme=light and http://mtgoxlive.com/orders
And I'd like to also see something like these two when I'm writing my order, meaning both the depth table and a graph like these two should be on the "trade now" page.

3rd when I book orders I want it to be as easy, simple and quick as possible. That means:
-no preview step, or at least the option to turn that off, maybe live calculation of how much a certain quantity would cost at a certain price, or how much a certain quantity would net me at a certain price
-displayed live top bid and lowest ask
-automatic order splitting into 2 portions, one for which I have funds for being active and another which I don't have the funds for in the event that I am trying to buy/sell too much
-easily accessible "my orders" table meaning it should also be part of the "trade now" page so that I can cancel them quickly if I want to

These are some of the thing that I noticed right away and changing them would make your exchange become a lot smoother IMO.

Also I realize you'll have an API available but then I'd have to look to someone for a trading client having to learn how to use it and potentially expose myself to more risks.

Hazek,
     
These are some really good suggestions to make Camp BX UI better suited to experienced traders.  Let me take these ideas to my team and see what we can fit in our to-do list prior to launch.  I will keep you posted on this.

- Keyur

[nazgulnarsil]

I would be more inclined to trust entities incorporated in a pro free market sovereign such as singapore, hong kong, or lichtenstein.

[Keyur @ Camp BX]

Will there be a transaction history? I don't mean for the trades made on the site, but a list of deposits/withdraws of dollars/bitcoins.

Holliday,
    Yes, we are implementing fund movement history later this week for following three transactions:

1) Bitcoin Withdrawals
2) USD Deposits
3) USD Withdrawals

We will not be able to show Bitcoin deposits, because it requires an un-elegant technical solution.  This seemingly simple feature will have to wait for a mod to the core Bitcoin client.

Thank you,
     Keyur

[FreeMoney]

Will there be a transaction history? I don't mean for the trades made on the site, but a list of deposits/withdraws of dollars/bitcoins.

Holliday,
    Yes, we are implementing fund movement history later this week for following three transactions:

1) Bitcoin Withdrawals
2) USD Deposits
3) USD Withdrawals

We will not be able to show Bitcoin deposits, because it requires an un-elegant technical solution.  This seemingly simple feature will have to wait for a mod to the core Bitcoin client.

Thank you,
     Keyur

I don't understand. You need to know how much is deposited in order to credit it. Why can't you display it?

[Keyur @ Camp BX]

Will there be a transaction history? I don't mean for the trades made on the site, but a list of deposits/withdraws of dollars/bitcoins.

Holliday,
    Yes, we are implementing fund movement history later this week for following three transactions:

1) Bitcoin Withdrawals
2) USD Deposits
3) USD Withdrawals

We will not be able to show Bitcoin deposits, because it requires an un-elegant technical solution.  This seemingly simple feature will have to wait for a mod to the core Bitcoin client.

Thank you,
     Keyur

I don't understand. You need to know how much is deposited in order to credit it. Why can't you display it?

FM,
     We don't see timestamps of individual deposit transactions.  There is a much more elegant solution planned that will take some time to implement.

Hope this makes sense,
     Keyur

[FreeMoney]

Will there be a transaction history? I don't mean for the trades made on the site, but a list of deposits/withdraws of dollars/bitcoins.

Holliday,
    Yes, we are implementing fund movement history later this week for following three transactions:

1) Bitcoin Withdrawals
2) USD Deposits
3) USD Withdrawals

We will not be able to show Bitcoin deposits, because it requires an un-elegant technical solution.  This seemingly simple feature will have to wait for a mod to the core Bitcoin client.

Thank you,
     Keyur

I don't understand. You need to know how much is deposited in order to credit it. Why can't you display it?

FM,
     We don't see timestamps of individual deposit transactions.  There is a much more elegant solution planned that will take some time to implement.

Hope this makes sense,
     Keyur

So there will be a record of deposits, but not in the 'history' section since they aren't on a timeline?

Would it be so bad to list the time that the funds were credited to the account instead of the transaction being sent?

[Keyur @ Camp BX]

Will there be a transaction history? I don't mean for the trades made on the site, but a list of deposits/withdraws of dollars/bitcoins.

Holliday,
    Yes, we are implementing fund movement history later this week for following three transactions:

1) Bitcoin Withdrawals
2) USD Deposits
3) USD Withdrawals

We will not be able to show Bitcoin deposits, because it requires an un-elegant technical solution.  This seemingly simple feature will have to wait for a mod to the core Bitcoin client.

Thank you,
     Keyur

I don't understand. You need to know how much is deposited in order to credit it. Why can't you display it?

FM,
     We don't see timestamps of individual deposit transactions.  There is a much more elegant solution planned that will take some time to implement.

Hope this makes sense,
     Keyur

So there will be a record of deposits, but not in the 'history' section since they aren't on a timeline?

Would it be so bad to list the time that the funds were credited to the account instead of the transaction being sent?

Yes we can do that and show an approximate time for the deposits.  We will roll it out this weekend.

Thank you,
      Keyur

[hazek]

I've got to say you're replies are very accommodating and professional which excites me to soon your exchange live and running.

[bitcoin.monger]

This looks like a truly professional job. Keep up the good work, and I hope to see how it will perform in real life 
Keep up the good work!

[smartcardguy]

Have not read the thread but 1st observations are:
1. Collecting account info in registration over http == bad
2. Registration says, now go logon; come-on why didnt you set the session cookie?
3. Collecting user id and password over http for logon means it can be taken.
4. Session cookies over http mean they can be taken even if you send creds over https.
5. Tried to logon after registration and was told account would lockout in 5 tries, sure I entered right password why cant I log in.
6. Tried to logon again still said bad password and lockout in 5 times, shouldnt it be 4?

[smartcardguy]

Have not read the thread but 1st observations are:
1. Collecting account info in registration over http == bad
2. Registration says, now go logon; come-on why didnt you set the session cookie?
3. Collecting user id and password over http for logon means it can be taken.
4. Session cookies over http mean they can be taken even if you send creds over https.
5. Tried to logon after registration and was told account would lockout in 5 tries, sure I entered right password why cant I log in.
6. Tried to logon again still said bad password and lockout in 5 times, shouldnt it be 4?

More:
1. Workflow for password reset is broken, after entering my reset password was redirected to the reset password form, entered user id again got new password again, had to close that tab and navigate back since this form looks like it was intended to be in a layer.
2. My IP was banned, I tried under 10 times to log in; glad you ban on suspicious activity but I wasnt doing anything other than trying to log on, check your thresholds.
3. No account providence stuff was done, if there is money in the accounts you want to make sure they can get back in if they mess up so you need to do this.
4. Learn from the mt gox fiasco, collect enough information you can validate providence if you have to "recover" accounts.

If you would like to discuss common authn mistakes in implementations like these PM me and we can discuss in detail.

[Keyur @ Camp BX]

So, I made quite a few trades and I noticed that I can't fill orders at $.25 per BTC, but the orders exist.

Also, I can only view a certain amount of my trade history, what if I wanted to view all of it?

Is there a reason trades are limited to 500 BTC per trade? It gets tiresome reentering the same price over and over again.

Also, it would be sweet if there was a way to click to buy or sell from the market explorer.

I've been having fun with your market the past few days! I hope my playing around has helped you in the testing phase. I think it's great that you opened up to the testnet first!

Edit: It would be nice to see the cumulative amount of fees I've paid.

Holliday,
       Thank you bringing the liquidity!  We are glad you are stretching the system and helping us in the process.  What you mentioned about not being able to fill orders at 0.25 may be the first bug in the code.  I wrote that piece of the code, so I should be able to fix that for you in a little while.

500 BTC is just an internal limit to prevent a meltdown trade that we are all too familiar with now.  On livenet, that amounts to ~$10,000 per trade.  We can raise the limit to 1,000 here but going beyond this brings more dangers than opportunities for a vast majority of traders.

As for the history, We will provide a CSV file download option.  That will also give you the ability to do all kinds of post-trade analysis including commissions-sigma that you are looking for.  The limit on how much history is displayed is to limit performance impact under heavy usage.

Good chatting with you today!
      Keyur

[imperi]

I forgot my pass... is there any way to reset it? Sorry if it was already said somewhere in the thread.

edit:

Figured out. I do see an issue though.




The "Reset" button makes the window leave when you push it, without resetting the password. You must click "submit" which is really unclear.

[Keyur @ Camp BX]

Have not read the thread but 1st observations are:
1. Collecting account info in registration over http == bad
2. Registration says, now go logon; come-on why didnt you set the session cookie?
3. Collecting user id and password over http for logon means it can be taken.
4. Session cookies over http mean they can be taken even if you send creds over https.
5. Tried to logon after registration and was told account would lockout in 5 tries, sure I entered right password why cant I log in.
6. Tried to logon again still said bad password and lockout in 5 times, shouldnt it be 4?

More:
1. Workflow for password reset is broken, after entering my reset password was redirected to the reset password form, entered user id again got new password again, had to close that tab and navigate back since this form looks like it was intended to be in a layer.
2. My IP was banned, I tried under 10 times to log in; glad you ban on suspicious activity but I wasnt doing anything other than trying to log on, check your thresholds.
3. No account providence stuff was done, if there is money in the accounts you want to make sure they can get back in if they mess up so you need to do this.
4. Learn from the mt gox fiasco, collect enough information you can validate providence if you have to "recover" accounts.

If you would like to discuss common authn mistakes in implementations like these PM me and we can discuss in detail.

SCG,
      The livenet cookies and form submissions will be over HTTPS.  The SSL is assigned to "campbx.com", and using it on "testnet.campbx.com" triggers ominous-sounding messages in many browsers.  Due to this reason we are on HTTP for the trial.  

    Account providence fields are a good idea - we have added them to the feature list.

Your IP ban has been reset so you should be good to login again.  The password is not allowed quotes / apostrophes.

Thank you,
     Keyur

[Keyur @ Camp BX]

I forgot my pass... is there any way to reset it? Sorry if it was already said somewhere in the thread.

edit:

Figured out. I do see an issue though.




The "Reset" button makes the window leave when you push it, without resetting the password. You must click "submit" which is really unclear.

Good catch Imperi!  We took out the culprit button.

[imperi]

Good catch Imperi!  We took out the culprit button.

Wow that was fast!

[Keyur @ Camp BX]

Holliday,
       Looking at the issues now.   Will keep you posted.

Thank you,
      Keyur

[Keyur @ Camp BX]

Holliday,
       Comma and 0.25 orders issues have been resolved.

Unfortunately we were not able to reproduce the 1000 BTC withdrawal issue.  Can you please retry and see if you still have any troubles with the transfer? 

Thank you,
    - Keyur

[Keyur @ Camp BX]

I tried several times yesterday, and was able to reproduce it each time. Today, I logged in and withdrew 1k BTC without issue.

I understand - this might have been due to one of the team members tweaking the files around the same time you attempted withdrawals.