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Author Topic: CampBX Launch - Free Trades for All Bxlievers!  (Read 13055 times)
Keyur @ Camp BX
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July 05, 2011, 02:08:51 PM
 #1

Good morning everyone,
   We are happy to announce that Camp BX platform is live for trading!  As a welcome to early adopters and Bxlievers, we are offering free trades through July 15th.

https://CampBX.com/

   A big thank you again to all the testnet participants for trying out the Camp BX platform and sharing their excellent ideas and feedback. Without you, we wouldn't be here!

Three quick notes:
1) You will be charged commissions and we will issue a full refund on July 17th (Sunday).
2) Stop-loss and Margin Trading depend heavily on liquidity, so these features will be enabled when liquidity increases.
3) We have built a statistics-based compliance engine that monitors Dwolla flows and flags potential illegal activity.  We are training this engine and reviewing all USD deposits / withdrawals manually for a couple of days, so they make take a little longer to go through.

Thank you for giving us a chance and happy trading,
      - CBX Team



Please stay tuned to our news and announcements feeds at:
Twitter: https://twitter.com/CampBX
Facebook: https://facebook.com/CampBX
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July 05, 2011, 02:26:10 PM
 #2

Good morning everyone,
Good morning, Keyur. Good work. Just a quick question...

Quote
We have hard-coded additional rules in our trading engine to thwart illegitimate usage of the platform and money laundering.

Does that mean you are directly interfacing your platform with some of the 3 letter agencies?
Keyur @ Camp BX
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July 05, 2011, 02:31:07 PM
 #3


Does that mean you are directly interfacing your platform with some of the 3 letter agencies?


Becoin,
     Great question - The engine flags these accounts for manual review, and we can refuse the transaction or refund/close the account depending on severity.  We are not tied into any of the 3-letter agencies.

Hope this helps,
     Keyur


Please stay tuned to our news and announcements feeds at:
Twitter: https://twitter.com/CampBX
Facebook: https://facebook.com/CampBX
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July 05, 2011, 02:31:39 PM
 #4

Camp BX looks pretty awesome.  

I am not sure the free trade window will get me to jump in quite yet, but I am willing to put some money over there in the 3+ days it will take for my money to leave Gox hit dwolla and then go to camp bx.  

FYI I noticed a typo on the Margin trading section of the faq.  
Keyur @ Camp BX
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July 05, 2011, 02:38:09 PM
 #5

Camp BX looks pretty awesome.  

I am not sure the free trade window will get me to jump in quite yet, but I am willing to put some money over there in the 3+ days it will take for my money to leave Gox hit dwolla and then go to camp bx.  

FYI I noticed a typo on the Margin trading section of the faq.  

Thank you Dinzy - will fix that shortly!


Please stay tuned to our news and announcements feeds at:
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Facebook: https://facebook.com/CampBX
elggawf
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July 05, 2011, 02:41:09 PM
 #6

How come the minimum trade is 0.5BTC? I don't think any of the other exchanges do this - MtGox I believe was a $1USD minimum, and I think TradeHill's is 0.01 of either currency.

I was going to play with it some but it looks like I'll have to wait for more BTC to clear. Sad

^_^
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July 05, 2011, 02:42:56 PM
 #7

my dwolla deposit was credited within an hour, that was pretty nice

i now have a standing buy order in place

site looks good
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July 05, 2011, 02:44:23 PM
 #8

The engine flags these accounts for manual review, and we can refuse the transaction or refund/close the account depending on severity.  We are not tied into any of the 3-letter agencies.

But you are legally bound to autoreport those flagged transactions and accounts, right?

Quote
The foundation of our operations is an active and prominent compliance program, and we are committed to maintaining full compliance with State of Georgia - Department of Banking and Finance regulations.
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July 05, 2011, 02:47:51 PM
 #9

How come the minimum trade is 0.5BTC? I don't think any of the other exchanges do this - MtGox I believe was a $1USD minimum, and I think TradeHill's is 0.01 of either currency.

I was going to play with it some but it looks like I'll have to wait for more BTC to clear. Sad

I only see a limit on the quick buy section, i.e. the noob buy.  I doub't it is there in trading as many fractions get filled if you place an order extending away from market price. 
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July 05, 2011, 02:50:39 PM
 #10

Will there be options for users from europe to add or withdraw funds?
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July 05, 2011, 02:52:09 PM
 #11

I only see a limit on the quick buy section, i.e. the noob buy.  I doub't it is there in trading as many fractions get filled if you place an order extending away from market price.  

I just tried to place a sell order for ~0.07 BTC and it told me the minimum is 0.5. Sad

They also do the nasty rounding every other exchange does. At least in the "home" screen, can see see the full balance down to the last decimal place? Potentially 8 decimal places won't screw up the design that much.

^_^
Keyur @ Camp BX
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July 05, 2011, 02:58:01 PM
 #12

The engine flags these accounts for manual review, and we can refuse the transaction or refund/close the account depending on severity.  We are not tied into any of the 3-letter agencies.

But you are legally bound to autoreport those flagged transactions and accounts, right?

Quote
The foundation of our operations is an active and prominent compliance program, and we are committed to maintaining full compliance with State of Georgia - Department of Banking and Finance regulations.

Becoin,
      Our rules engine trips well before the limits set by DBF.  In this case the transactions do not need to be reported.  However if rules engine misses something that we discover in post-analysis, we will run it by our lawyer and determine reporting requirements.

In other words, CampBX does not want to be a place for illegal activity!

Thank you,
    Keyur


Please stay tuned to our news and announcements feeds at:
Twitter: https://twitter.com/CampBX
Facebook: https://facebook.com/CampBX
Keyur @ Camp BX
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July 05, 2011, 03:01:37 PM
 #13

I only see a limit on the quick buy section, i.e. the noob buy.  I doub't it is there in trading as many fractions get filled if you place an order extending away from market price.  

I just tried to place a sell order for ~0.07 BTC and it told me the minimum is 0.5. Sad

They also do the nasty rounding every other exchange does. At least in the "home" screen, can see see the full balance down to the last decimal place? Potentially 8 decimal places won't screw up the design that much.

Elggawf,
    It just requires a quick config tweak on our side to show more Decimal points.  We have set it at 4 to not scare new Bitcoin users who are used to 2 decimal points.  However, we will certainly look into a profile options that lets more experienced users see more precision.

Thank you for trying us out!
     Keyur


Please stay tuned to our news and announcements feeds at:
Twitter: https://twitter.com/CampBX
Facebook: https://facebook.com/CampBX
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July 05, 2011, 03:01:58 PM
 #14

Great! Been waiting for a real pros like you guy for weeks!
I hope you would enable the margin trading real soon! (Got many bitcoins, but cash-strapped)
Keyur @ Camp BX
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July 05, 2011, 03:02:24 PM
 #15

my dwolla deposit was credited within an hour, that was pretty nice

i now have a standing buy order in place

site looks good

Thank you and welcome Sticman!  Please reach out to us if you have questions or issues, and we will do our best to resolve them quickly.


Please stay tuned to our news and announcements feeds at:
Twitter: https://twitter.com/CampBX
Facebook: https://facebook.com/CampBX
rdonohoe
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July 05, 2011, 03:04:30 PM
 #16

Looks cool, but again can't use it as it has no European deposit/withdraw.
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July 05, 2011, 03:16:12 PM
 #17

Looks cool, but again can't use it as it has no European deposit/withdraw.
You cannot sign up at all as non-US citizen? Or could you, in theory, use BTC deposit and withdraw and only trade there?

Bitcoin Core developer [PGP] Warning: For most, coin loss is a larger risk than coin theft. A disk can die any time. Regularly back up your wallet through FileBackup Wallet to an external storage or the (encrypted!) cloud. Use a separate offline wallet for storing larger amounts.
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July 05, 2011, 03:23:33 PM
 #18

Good luck, the site looks terrific!
elggawf
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July 05, 2011, 03:48:04 PM
 #19

More rounding issues - it rounds to 1 decimal place when you place an order.

Place an order for 0.78 and it rounds to 0.8 and throws an error because I don't have 0.8BTC in there. Sad

Edit: then the confirmation page says this, which is clearly wrong:

You are selling: 0.7000 Bitcoins (Rounded to nearest 0.05)

^_^
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July 05, 2011, 03:48:52 PM
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Was it by design that you the depth of market only shows integer levels?  I'm not sure I'm a fan of that.
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July 05, 2011, 03:50:47 PM
 #21

Was it by design that you the depth of market only shows integer levels?  I'm not sure I'm a fan of that.

I was about to complain about that too, hehe. Smiley I suppose it's okay for at-a-glance, but it seems like there's no real way to get an accurate representation of the market depth.

I get the feeling none of this stuff was caught during the testnet phase because I'd imagine most people were dealing in rather large amounts and thus never tried dealing in really small amounts. It's a shame, hopefully Keyur figures it out soon.

They also picked a shit of a weekend to launch, but oh well. Cheesy

^_^
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July 05, 2011, 03:58:56 PM
 #22

In other words, CampBX does not want to be a place for illegal activity!
Sure.
But according to this document:

Quote
APPENDIX F: MONEY LAUNDERING AND TERRORIST FINANCING "RED FLAGS"
http://www.ffiec.gov/bsa_aml_infobase/pages_manual/OLM_106.htm

purchasing bitcoins is illegal, because you don't know where purchased funds are going. In what country do they go?...

So, you have to report every transaction to respective auhtorities!?



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July 05, 2011, 04:02:08 PM
 #23

I just noticed that their ticker data (top-center of main page) does accurately reflect prices posted.

I guess Keyur probably wants real feedback, so at the expense of sounding like a hater... I really didn't like that there was no API for trading but that was expected, however, not having any type of API for trade data (Ticker, Depth of Market, previous orders) just seemed crazy to me because they aren't really as mission critical as an auto-trading API.  Personally, I couldn't imagine releasing a site without those features given I already have a choice of 4 others will all of these features.

Next, one of the sexiest things about bitcoin exchanges is the level of data we have access to.  On every other exchange I can see exactly what's going on with the Depth of Market, the choice to round all trades in the DOM to integers is just not a good one frankly.

Trying to throw in some positive comments, I like the look of the site, my Dwolla transfer for was less than 5 minutes (although this isn't a shock really).  I did like the idea of margin trading, but it's at a prohibitive commission of 2%.  

If I am to be brutally honest here, there's really nothing separating CampBX at the moment.  I understand it's like the first hour of release, but frankly speaking, you chose this feature set to release to the public.

Really not trying to be a hater here, if the roles were reversed I would want unabashed opinions as well.
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July 05, 2011, 04:10:38 PM
 #24

Was it by design that you the depth of market only shows integer levels?  I'm not sure I'm a fan of that.

I was about to complain about that too, hehe. Smiley I suppose it's okay for at-a-glance, but it seems like there's no real way to get an accurate representation of the market depth.

I get the feeling none of this stuff was caught during the testnet phase because I'd imagine most people were dealing in rather large amounts and thus never tried dealing in really small amounts. It's a shame, hopefully Keyur figures it out soon.

They also picked a shit of a weekend to launch, but oh well. Cheesy

Maybe a habit take from the traditional exchanges like stock exchanges?  I think it's not good in the bitcoin world. As other exchanges started the new tradition that we should see the market depth further.

If you see any of my suggestions useful, please donate me. http://btc.to/ec
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July 05, 2011, 04:12:19 PM
 #25

Looks good, will try it a little Smiley
Keyur @ Camp BX
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July 05, 2011, 04:19:58 PM
 #26



So the gist of all messages is that frequent traders want more precision!  We are on it, and we will update the configs shortly to allow more precision in Depth tables and order entry.

Stay tuned,
     Keyur



Please stay tuned to our news and announcements feeds at:
Twitter: https://twitter.com/CampBX
Facebook: https://facebook.com/CampBX
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July 05, 2011, 04:45:47 PM
 #27

I'm having problems logging in to CampBx with the user/pass I created a few days ago.  It keeps telling me my user/pass doesn't work.  When I try to reset my password using a direct copy/paste of my account name found in my account confirmation email from CampBx, it says "Username Error."   Really?  Already?

Edit:  I attempted to re-create my original account using the same user/pass.  I succeeded.  I'm glad it worked, but it is a little weird looking at the identical confirmation emails from CampBx in my inbox.
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July 05, 2011, 04:55:38 PM
 #28

I had to create a new account using the same info I had for the testnet version. It did not carry over.

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July 05, 2011, 05:04:26 PM
 #29

Just created my account, not happy to see the complete lack of support for EU customers.
Real let down.

I know its early days but I really hope you guys sort out EU support soon.

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July 05, 2011, 05:20:39 PM
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How do you deal with stolen funds? If the account of a user gets broken into due to something that is not obviously user error, is there any insurance for these funds?

Also, do you offer two-factor authorization?

Like my post(s)? 12TSXLa5Tu6ag4PNYCwKKSiZsaSCpAjzpu Smiley
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July 05, 2011, 05:30:24 PM
 #31

I only see a limit on the quick buy section, i.e. the noob buy.  I doub't it is there in trading as many fractions get filled if you place an order extending away from market price.  

I just tried to place a sell order for ~0.07 BTC and it told me the minimum is 0.5. Sad

They also do the nasty rounding every other exchange does. At least in the "home" screen, can see see the full balance down to the last decimal place? Potentially 8 decimal places won't screw up the design that much.

Elggawf,
    It just requires a quick config tweak on our side to show more Decimal points.  We have set it at 4 to not scare new Bitcoin users who are used to 2 decimal points.  However, we will certainly look into a profile options that lets more experienced users see more precision.

Thank you for trying us out!
     Keyur


And that's why I am moving ALL my BTC's to you guys.
Hope you guys live up to the hype !

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July 05, 2011, 06:40:55 PM
 #32

In the interest of fairness I would like to report my cash out to Dwolla took like 2 minutes.
Keyur @ Camp BX
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July 05, 2011, 07:10:59 PM
 #33

Thank you HBMG and Qikaifu,
      Took your suggestion and increased the precision on Depth Table.  Now it goes down to cents, instead of dollars.

- Keyur

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Keyur @ Camp BX
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July 05, 2011, 07:13:57 PM
 #34

Just created my account, not happy to see the complete lack of support for EU customers.
Real let down.

I know its early days but I really hope you guys sort out EU support soon.

MB, Dsky, and rdonohoe,
     Accepting funds from Europe takes a lot more Lawyer-time and paperwork, but it is one of our top priorities.  Will keep you posted with the progress, and feel free to PM me your favorite methods so we can look to integrate those as well.

Thank you,
     Keyur


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Twitter: https://twitter.com/CampBX
Facebook: https://facebook.com/CampBX
Keyur @ Camp BX
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July 05, 2011, 07:17:06 PM
 #35

And that's why I am moving ALL my BTC's to you guys.
Hope you guys live up to the hype !

Thank you Vegetta, and welcome!

- Keyur

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July 05, 2011, 07:18:40 PM
 #36

More rounding issues - it rounds to 1 decimal place when you place an order.

Place an order for 0.78 and it rounds to 0.8 and throws an error because I don't have 0.8BTC in there. Sad

Edit: then the confirmation page says this, which is clearly wrong:

You are selling: 0.7000 Bitcoins (Rounded to nearest 0.05)

That's pretty stupid and embarrassing...  Was any QA done?  Launching too soon?

I looked at one of the subpages yesterday, and my high-end laptop slowed to a crawl -- seems like there's some impressive bloatware on the back end.  Strike two.

CampBX:  Looking forward to your comments on two-factor authentication and other security measures.  You do understand that you're asking people to trust you with their monies, right?  You only get one shot at earning trust -- if you blow it, it's gone for good.

I do hope you guys come through though, and become a model for other exchanges.  Best of luck.

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July 05, 2011, 07:20:56 PM
 #37

How do you deal with stolen funds? If the account of a user gets broken into due to something that is not obviously user error, is there any insurance for these funds?



I second this question.
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July 05, 2011, 07:23:34 PM
 #38

That's pretty stupid and embarrassing...  Was any QA done?  Launching too soon?

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.

^_^
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July 05, 2011, 07:26:52 PM
 #39

More rounding issues - it rounds to 1 decimal place when you place an order.

Place an order for 0.78 and it rounds to 0.8 and throws an error because I don't have 0.8BTC in there. Sad

Edit: then the confirmation page says this, which is clearly wrong:

You are selling: 0.7000 Bitcoins (Rounded to nearest 0.05)

That's pretty stupid and embarrassing...  Was any QA done?  Launching too soon?

I looked at one of the subpages yesterday, and my high-end laptop slowed to a crawl -- seems like there's some impressive bloatware on the back end.  Strike two.

CampBX:  Looking forward to your comments on two-factor authentication and other security measures.  You do understand that you're asking people to trust you with their monies, right?  You only get one shot at earning trust -- if you blow it, it's gone for good.

I do hope you guys come through though, and become a model for other exchanges.  Best of luck.




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


Please stay tuned to our news and announcements feeds at:
Twitter: https://twitter.com/CampBX
Facebook: https://facebook.com/CampBX
Keyur @ Camp BX
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July 05, 2011, 07:30:53 PM
 #40

How do you deal with stolen funds? If the account of a user gets broken into due to something that is not obviously user error, is there any insurance for these funds?



I second this question.

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

Please stay tuned to our news and announcements feeds at:
Twitter: https://twitter.com/CampBX
Facebook: https://facebook.com/CampBX
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July 05, 2011, 07:46:04 PM
 #41

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

Do it do it do it!

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July 05, 2011, 07:48:08 PM
 #42

How do you deal with stolen funds? If the account of a user gets broken into due to something that is not obviously user error, is there any insurance for these funds?



I second this question.

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

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".

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July 05, 2011, 07:58:02 PM
 #43


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".

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.

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July 05, 2011, 08:44:04 PM
 #44

How do you deal with stolen funds? If the account of a user gets broken into due to something that is not obviously user error, is there any insurance for these funds?



I second this question.

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

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".

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


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July 05, 2011, 09:01:18 PM
 #45

+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.
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July 05, 2011, 09:08:47 PM
 #46

I dunno why exchanges are ignoring the time-tested RSA tokens.  You could be the first!
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July 05, 2011, 09:16:23 PM
 #47

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.
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July 05, 2011, 09:50:39 PM
 #48

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.


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July 05, 2011, 10:02:01 PM
 #49

In other words, CampBX does not want to be a place for illegal activity!
Sure.
But according to this document:

Quote
APPENDIX F: MONEY LAUNDERING AND TERRORIST FINANCING "RED FLAGS"
http://www.ffiec.gov/bsa_aml_infobase/pages_manual/OLM_106.htm

purchasing bitcoins is illegal, because you don't know where purchased funds are going. In what country do they go?...

So, you have to report every transaction to respective auhtorities!?





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?
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July 05, 2011, 10:47:54 PM
 #50

In other words, CampBX does not want to be a place for illegal activity!
Sure.
But according to this document:

Quote
APPENDIX F: MONEY LAUNDERING AND TERRORIST FINANCING "RED FLAGS"
http://www.ffiec.gov/bsa_aml_infobase/pages_manual/OLM_106.htm

purchasing bitcoins is illegal, because you don't know where purchased funds are going. In what country do they go?...

So, you have to report every transaction to respective auhtorities!?





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?


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

Thank you,
     Keyur


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July 05, 2011, 10:51:23 PM
 #51

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.



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




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July 06, 2011, 02:58:08 AM
 #52

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)?


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July 06, 2011, 02:59:24 AM
 #53

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)?



I think that is the exact quantity. The few people trading are doing it in round numbers so far.
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July 06, 2011, 03:14:31 AM
 #54

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

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?

^_^
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July 06, 2011, 04:06:51 AM
 #55

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

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July 06, 2011, 04:07:53 AM
 #56

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
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July 06, 2011, 04:14:10 AM
 #57

When I went to sell a bitcoin, it gave me an estimate of how much I would get "after commission", and it was lower than the amount I asked. But I though commission was 0 until July 15th.

Also, I would like to be able to get my bitcoins back without paying the transaction fee, if I so choose.
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July 06, 2011, 04:26:28 AM
 #58

When I went to sell a bitcoin, it gave me an estimate of how much I would get "after commission", and it was lower than the amount I asked. But I though commission was 0 until July 15th.

Also, I would like to be able to get my bitcoins back without paying the transaction fee, if I so choose.

They said somewhere that you'll be charged transaction fees, but then at some date (I forget what it was) you'd get the fees refunded that were charged before the 10th.

^_^
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July 06, 2011, 05:09:25 AM
 #59


Looks like my plan to open a safety deposit box at least 10km from my home for off-site back-ups may raise a couple of red flags:
Quote from: Other Unusual or Suspicious Customer Activity
  • Customer visits a safe deposit box or uses a safe custody account on an unusually frequent basis.
  • Safe deposit boxes or safe custody accounts opened by individuals who do not reside or work in the institution’s service area, despite the availability of such services at an institution closer to them.

There are two branches within about 5km. I want my safety deposit box or house to survive a city destroying
event. Off-site backups mean bimonthly or biweekly access as well.

A little off-topic though.

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July 06, 2011, 05:23:32 AM
 #60

Looks like the dates are all in the pacific time zone.

If given a chance I would set my profile to display all times as UTC.

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July 06, 2011, 05:38:28 AM
 #61

Looks like CampBX is paying the $0.25 fee normally charged the sender when adding funds to an exchange.

Is that accurate?   Likely to continue?

When withdrawing, I would assume, the fee is subtracted.

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July 06, 2011, 06:59:07 AM
 #62


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


Well, it seems your user base is speaking pretty loud and clear...

Your dev team will probably find that doing really good 2FA gets pretty complicated, and using third-party key fobs like RSA tokens is quite expensive.

FWIW, I suggested a "poor man's version" of second-channel confirmation in this thread:

  http://forum.bitcoin.org/index.php?topic=25982.0

This is very easy to implement, and would at least add an extra layer of security while you work on a more robust solution.

Other poasters have pointed to a number of alternatives.  For example, for customers with Android smartphones, there are probably a dozen Droid apps that could serve the purpose (and if there isn't, just whisper the idea into the wind, and it'll be in the Market tomorrow).  Even text messages sent to an ordinary cell phone might be workable.

You'll want to get *something* in place pretty quickly though, just to show that you're a serious player, and that you are responsive to your users.  Thanks for listening!

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July 06, 2011, 12:36:53 PM
 #63

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)?




Stephen,
       We have updated the quantity display to show the decimals for BTC quantity. 

You are correct - you can also use the ticketing system for enhancement requests.

Thank you for trying us out,
      Keyur


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July 06, 2011, 12:48:16 PM
 #64


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


Well, it seems your user base is speaking pretty loud and clear...

Your dev team will probably find that doing really good 2FA gets pretty complicated, and using third-party key fobs like RSA tokens is quite expensive.

FWIW, I suggested a "poor man's version" of second-channel confirmation in this thread:

  http://forum.bitcoin.org/index.php?topic=25982.0

This is very easy to implement, and would at least add an extra layer of security while you work on a more robust solution.

Other poasters have pointed to a number of alternatives.  For example, for customers with Android smartphones, there are probably a dozen Droid apps that could serve the purpose (and if there isn't, just whisper the idea into the wind, and it'll be in the Market tomorrow).  Even text messages sent to an ordinary cell phone might be workable.

You'll want to get *something* in place pretty quickly though, just to show that you're a serious player, and that you are responsive to your users.  Thanks for listening!




VV,
      Your idea is a good model for an added layer to authentication for sure!

My only concern is that the user has to be 100% secure at setup time for the crypto-card.   Zero-knowledge protocols like Kerberos may be a good way of over coming this limitation.  Open source Kerberos implementations are also available readily.

http://en.wikipedia.org/wiki/Kerberos_%28protocol%29

We are looking at all options including Kerberos, and will keep you posted!

Thank you,
     Keyur

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July 06, 2011, 12:54:33 PM
 #65

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

FM, this will be a very rare occurrence given that we have the ability to proactively block such dollar transactions.  But in a nutshell, yes this a requirement for any legitimate business.

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July 06, 2011, 12:55:34 PM
 #66

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

Check and check!  Graph update is already in development; will allow you to pause and zoom the graphs.

Thank you for trying out Camp BX Frank,
     Keyur


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July 06, 2011, 05:47:02 PM
 #67

I hope this site gets some traction looks much more secure than MT Gox and looks better too.
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July 06, 2011, 05:55:47 PM
 #68

I hope this site gets some traction looks much more secure than MT Gox and looks better too.

Stop hoping and throw some dollars/coins up there. Even if it's small at first, every little bit increases their volume. I've got a few coins up there, and I'll likely be adding more as it picks up.

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July 06, 2011, 06:14:00 PM
 #69

I hope this site gets some traction looks much more secure than MT Gox and looks better too.

Stop hoping and throw some dollars/coins up there. Even if it's small at first, every little bit increases their volume. I've got a few coins up there, and I'll likely be adding more as it picks up.
I probably will the moment they do SEPA transfers.

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July 07, 2011, 01:58:56 PM
 #70

Will the 0.5BTC minimum limit be removed at any point? I'd be using it a lot more if I didn't have to wait for a half a Bitcoin to put money in, and if I didn't have to do it in multiples of 0.05. :\

... and with Tradehill being down I'm bored as shit right now.

^_^
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July 07, 2011, 06:37:32 PM
 #71

a few questions.

Where or what is the ticker?
is it on http://bitcoincharts.com/markets/ or http://www.bitcoinwatch.com/ yet?
When will an order book be instated?

Biggest issues with tradehill and bitcoin7 is we really can't see the order book, and even with mtgox it is very spotty.

does campbx have a feed for sierrachart?
I'm assuming if it is on bitcoincharts it should have one but I don't see it.
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July 07, 2011, 07:36:49 PM
 #72

a few questions.

Where or what is the ticker?
is it on http://bitcoincharts.com/markets/ or http://www.bitcoinwatch.com/ yet?
When will an order book be instated?

Biggest issues with tradehill and bitcoin7 is we really can't see the order book, and even with mtgox it is very spotty.

does campbx have a feed for sierrachart?
I'm assuming if it is on bitcoincharts it should have one but I don't see it.
bump
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July 07, 2011, 08:43:36 PM
 #73

a few questions.

Where or what is the ticker?
is it on http://bitcoincharts.com/markets/ or http://www.bitcoinwatch.com/ yet?
When will an order book be instated?

Biggest issues with tradehill and bitcoin7 is we really can't see the order book, and even with mtgox it is very spotty.

does campbx have a feed for sierrachart?
I'm assuming if it is on bitcoincharts it should have one but I don't see it.
bump

Tasty,
      Our testnet version displayed the full order book, but the request from most of the users was to switch to a depth table view.

As for the latest prices ticker, you can see them at top of every page, and we are working on a feed out to Bitcoin Charts.  Sierra charts is not on the list, because we have not received too many requests around it.

Thank you,
     Keyur



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July 07, 2011, 08:44:34 PM
 #74

Will the 0.5BTC minimum limit be removed at any point? I'd be using it a lot more if I didn't have to wait for a half a Bitcoin to put money in, and if I didn't have to do it in multiples of 0.05. :\

... and with Tradehill being down I'm bored as shit right now.


Elggawf,
     Will update the limit later today.

Also stay tuned for one more announcement!

Thank you,
      Keyur



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July 07, 2011, 08:56:42 PM
 #75

a few questions.

Where or what is the ticker?
is it on http://bitcoincharts.com/markets/ or http://www.bitcoinwatch.com/ yet?
When will an order book be instated?

Biggest issues with tradehill and bitcoin7 is we really can't see the order book, and even with mtgox it is very spotty.

does campbx have a feed for sierrachart?
I'm assuming if it is on bitcoincharts it should have one but I don't see it.
bump

Tasty,
      Our testnet version displayed the full order book, but the request from most of the users was to switch to a depth table view.

As for the latest prices ticker, you can see them at top of every page, and we are working on a feed out to Bitcoin Charts.  Sierra charts is not on the list, because we have not received too many requests around it.

Thank you,
     Keyur




Thanks for the quick reply.
AFAIK Slush's sierrachartfeed pulls from bitcoincharts.com so whenever you setup the feed for bitcoincharts Slush's sierrachartfeed should automagically work then. with something like:
"sierrachartfeed-0.2.exe -s campbxUSD"
BTW, do you have any indication of what the ticker will be?

I gotta say the site looks so clean and aesthetically pleasing, I love the high quality jscharts you have setup.
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July 08, 2011, 12:52:37 PM
 #76

hi Keyur, I am using your exchange and i like it.

However, on the trade now page, is it possible for you to have the inputs in one box calculated for you based on the input in another box?  for example, if i have $80 in my account, and want to buy btc at $14, can you rig it so that it will calculate the number of btc itself, while also taking into account the trade commission?

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July 08, 2011, 03:27:31 PM
 #77

However, on the trade now page, is it possible for you to have the inputs in one box calculated for you based on the input in another box?  for example, if i have $80 in my account, and want to buy btc at $14, can you rig it so that it will calculate the number of btc itself, while also taking into account the trade commission?

Second this request, it would be really nifty - but for the love of all things holy don't forget the bit in bold. Cheesy

^_^
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July 08, 2011, 05:22:26 PM
 #78

Looks good so far.

Please consider formatting the market depth table like NASDAQ Level II Quotes so that the spread is right at the top of the chart.  Not only would it appear more professional, it would be a lot more recognizable to everyone who trades on other markets.

Buy/Sell buttons right on the market depth chart similar to forex software would be nice as well.

I look forward to the graphs.  Long term I hope they have a robust set of tools for annotating and saving charts.

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July 08, 2011, 05:35:16 PM
 #79

hi Keyur, I am using your exchange and i like it.

However, on the trade now page, is it possible for you to have the inputs in one box calculated for you based on the input in another box?  for example, if i have $80 in my account, and want to buy btc at $14, can you rig it so that it will calculate the number of btc itself, while also taking into account the trade commission?




Thank you Mouser,
     We are looking to implement a "Spend X Dollars" option to the trade now screen.  We have a couple more things in pipeline prior to that, but this feature is definitely on our radar.

- Keyur


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July 08, 2011, 05:37:56 PM
 #80

Looks good so far.

Please consider formatting the market depth table like NASDAQ Level II Quotes so that the spread is right at the top of the chart.  Not only would it appear more professional, it would be a lot more recognizable to everyone who trades on other markets.

Buy/Sell buttons right on the market depth chart similar to forex software would be nice as well.

I look forward to the graphs.  Long term I hope they have a robust set of tools for annotating and saving charts.


Thank you Dentldir,
       Buy/Sell buttons next to the depth table are in already in testing, and hope to roll them out shortly.

Unfortunately the graph upgrade is going to take longer than expected, so stay tuned for that later in the month.

Thank you,
     Keyur




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July 08, 2011, 09:19:27 PM
 #81

I'm blown away that nobody has posted the about the 10% discount on CampBX trading fees available through their new affiliate program.

The deal is the same as TradeHill.com, 10% off your trading fees if you sign up through an affiliate link such as this one (mine): https://CampBX.com/register.php?r=mdslj19rhcD

If you registered before the affiliate program started, email them, and they will get you the discount. (At least, they did it for me).

Their website claims they will disable your affiliate link if people complain that you are spamming it everywhere, so don't do that.

I've posted a lot of TradeHill affiliate links, but I try to not be spammy about it (I focus on articles talking about bitcoins that don't tell you how to buy them). I can tell you it doesn't make much money (usually just a fraction of a penny when somebody places a trade), but it is kind of fun to promote these new technologies.

Keyur, will you give people a way to see how many have signed up from their referral links, and way to see how much they have earned from referrals? I like how TradeHill does it, even though it is a bit depressing to see how little money comes in that way.


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July 08, 2011, 10:09:17 PM
 #82

I'm blown away that nobody has posted the about the 10% discount on CampBX trading fees available through their new affiliate program.

The deal is the same as TradeHill.com, 10% off your trading fees if you sign up through an affiliate link such as this one (mine): https://CampBX.com/register.php?r=mdslj19rhcD

If you registered before the affiliate program started, email them, and they will get you the discount. (At least, they did it for me).

Their website claims they will disable your affiliate link if people complain that you are spamming it everywhere, so don't do that.

I've posted a lot of TradeHill affiliate links, but I try to not be spammy about it (I focus on articles talking about bitcoins that don't tell you how to buy them). I can tell you it doesn't make much money (usually just a fraction of a penny when somebody places a trade), but it is kind of fun to promote these new technologies.

Keyur, will you give people a way to see how many have signed up from their referral links, and way to see how much they have earned from referrals? I like how TradeHill does it, even though it is a bit depressing to see how little money comes in that way.

That's because there's a whole separate thread for it.

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July 09, 2011, 12:31:36 AM
 #83

Especially with short trading, I would like an API for this.

An API is in the pipeline?

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July 09, 2011, 01:41:44 AM
 #84

Especially with short trading, I would like an API for this.

An API is in the pipeline?

Matthew,
     Yes it is!  We are planning to launch API at the end of first month.

Thank you,
    Keyur


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July 09, 2011, 01:55:57 AM
 #85

When will EUR deposits / withdrawals be available?

Most importantly we need bank wire to/from accounts within SEPA-area in EUR

Instant bank wire, PayPal, moneybookers and espacially the use of Paysafecard (European version of cashU) would also be very nice.


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July 09, 2011, 02:05:59 AM
 #86

Can you add a feature that will send you an email anytime an order has been executed (optional)?

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July 10, 2011, 07:48:14 PM
 #87

OK, I find this slightly confusing.

Yesterday I sent 5 BTC to CampBX, and put in two sell orders, one at $14.75 for 2.5 BTC and another at a much higher price for the rest of it.

Today I see this:



The deposit BTC transaction looks pretty obvious, except for the fact that the times are completely different.

The sell transaction also looks fairly obvious.

The extra withdraw BTC transaction is confusing for several reasons. Since I already had 2.5 BTC sold via the sell order, why show an extra transaction? After seeing this transaction, I had to go check to see whether my account got hacked and my BTC stolen, because that's what it looks like. (Fortunately it was not.) Also, why are the times so different - is there some timezone handling problem? When did this sale really take place?

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July 10, 2011, 08:16:11 PM
 #88

OK, I find this slightly confusing.

Yesterday I sent 5 BTC to CampBX, and put in two sell orders, one at $14.75 for 2.5 BTC and another at a much higher price for the rest of it.

Today I see this:



The deposit BTC transaction looks pretty obvious, except for the fact that the times are completely different.

The sell transaction also looks fairly obvious.

The extra withdraw BTC transaction is confusing for several reasons. Since I already had 2.5 BTC sold via the sell order, why show an extra transaction? After seeing this transaction, I had to go check to see whether my account got hacked and my BTC stolen, because that's what it looks like. (Fortunately it was not.) Also, why are the times so different - is there some timezone handling problem? When did this sale really take place?

Error,
      The BTC transactions estimates the times when you check your balances on Camp BX.  So timestamps may be off by a while depending on how often you check your balances.  Improving time accuracy is already on our tweaks list.

Users like to slice and dice the CSV timeline according to personal preference, so we show extra / sub-transactions in our records.  Sell/Buy orders and Deposit/Withdraw transfers show up as distinct records.
This behavior is of course customizable, and if there is enough demand from users to mask sub transactions we can easily do that.

Thank you,
      Keyur


Please stay tuned to our news and announcements feeds at:
Twitter: https://twitter.com/CampBX
Facebook: https://facebook.com/CampBX
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July 10, 2011, 08:17:24 PM
 #89

Can you add a feature that will send you an email anytime an order has been executed (optional)?

Element - we are looking in to adding this feature.

Thank you,
      Keyur



Please stay tuned to our news and announcements feeds at:
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July 10, 2011, 09:09:05 PM
 #90

OK, I find this slightly confusing.

Yesterday I sent 5 BTC to CampBX, and put in two sell orders, one at $14.75 for 2.5 BTC and another at a much higher price for the rest of it.

Today I see this:



The deposit BTC transaction looks pretty obvious, except for the fact that the times are completely different.

The sell transaction also looks fairly obvious.

The extra withdraw BTC transaction is confusing for several reasons. Since I already had 2.5 BTC sold via the sell order, why show an extra transaction? After seeing this transaction, I had to go check to see whether my account got hacked and my BTC stolen, because that's what it looks like. (Fortunately it was not.) Also, why are the times so different - is there some timezone handling problem? When did this sale really take place?

Error,
      The BTC transactions estimates the times when you check your balances on Camp BX.  So timestamps may be off by a while depending on how often you check your balances.  Improving time accuracy is already on our tweaks list.

Users like to slice and dice the CSV timeline according to personal preference, so we show extra / sub-transactions in our records.  Sell/Buy orders and Deposit/Withdraw transfers show up as distinct records.
This behavior is of course customizable, and if there is enough demand from users to mask sub transactions we can easily do that.

Thank you,
      Keyur

In this case, I think it could be made more clear in the display that the transactions are linked.

I also think that there are still some timezone issues here, which I didn't see you say anything about.

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July 10, 2011, 09:44:22 PM
 #91

In this case, I think it could be made more clear in the display that the transactions are linked.

I also think that there are still some timezone issues here, which I didn't see you say anything about.

Error,
    We have re-worded the records to say "BTC Deduction", which should hopefully alleviate the confusion caused by words like "BTC Withdrawal".

Timezone display are certainly an issue - plan is to let users pick their own timezone in profile and then format the stamps accordingly.  Will keep you posted as we get close to pushing this in production.

Thank you,
     Keyur



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July 11, 2011, 01:05:37 AM
 #92

   We have re-worded the records to say "BTC Deduction", which should hopefully alleviate the confusion caused by words like "BTC Withdrawal".

speaking of, it appears that withdrawing bitcoins from your balance incurs a fee?  is this correct?
manage funds -> withdraw bitcoins   (after TX fee)
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July 15, 2011, 09:25:17 PM
 #93

Hi,
I have tested the site a bit, and have a few improvement suggestions.

When I do a preview order and it fails (Insufficient funds), sometimes (50-80%) I get no message I am just returned to the site.

Should make the buying easier, right now I have to use a calculator to find out how many bitcoins I can buy. Also I have to calculate the commision fee. So I needed like 10 attempts to get the right amount.

Another thing I hope you guys are planning on is fixing the graphs, and market depths a bit. It is pretty annoying, not as bad as tradehill. But the graphs feels useless (maybe because it is so low volume) but the market depth I have to refresh the page and scroll down to see.

PS: I have a buy order at 14!!
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July 15, 2011, 09:29:01 PM
 #94

Just a quick note, I did a Dwolla transfer and it took 25 minutes. I hope you plan to do a better integration of the Dwolla API in the near future. Smiley

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July 15, 2011, 10:55:48 PM
 #95

Just a quick note, I did a Dwolla transfer and it took 25 minutes. I hope you plan to do a better integration of the Dwolla API in the near future. Smiley

Took my transfer about 10minutes when I did that.
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July 18, 2011, 12:44:03 AM
 #96

FYI: This is what I see using firefox 3.6 and clicking on the testnet.campbx.com webpage.

https://i.imgur.com/s5UvJ.png
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July 18, 2011, 12:51:11 AM
 #97

FYI: This is what I see using firefox 3.6 and clicking on the testnet.campbx.com webpage.



TeraPool: Please use the link https://campbx.com/testnet/ instead.

Our old SSL certificate has been replaced, and that's why you will get a warning from the browsers.

Thank you,
     Keyur



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July 18, 2011, 09:27:28 PM
 #98

From bitcoincharts: Day's Range 0.25 — 19.48

Seriously?
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July 18, 2011, 09:56:03 PM
 #99

From bitcoincharts: Day's Range 0.25 — 19.48

Seriously?

Yeah something screwed up with their api or something, because its not showing inside campbx's site

On another note I congratulate CampBX on making to the top10 today at http://bitcoinwatch.com/ !!!!
Cheers to that!
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July 18, 2011, 10:00:07 PM
 #100

From bitcoincharts: Day's Range 0.25 — 19.48

Seriously?

Someone has an open buy order at $0.25. My guess is bitcoincharts isn't interpreting the API quite right. Or the API isn't sending what bitcoincharts wants.

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July 18, 2011, 10:22:05 PM
 #101

From bitcoincharts: Day's Range 0.25 — 19.48

Seriously?

Someone has an open buy order at $0.25. My guess is bitcoincharts isn't interpreting the API quite right. Or the API isn't sending what bitcoincharts wants.

Bitcoin Charts is performing as designed, this one is our issue to fix!   We are working on a tweak to filter out some trades.

Thank you,
    Keyur




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July 18, 2011, 10:25:11 PM
 #102

From bitcoincharts: Day's Range 0.25 — 19.48

Seriously?

Someone has an open buy order at $0.25. My guess is bitcoincharts isn't interpreting the API quite right. Or the API isn't sending what bitcoincharts wants.

Bitcoin Charts is performing as designed, this one is our issue to fix!   We are working on a tweak to filter out some trades.

Thank you,
    Keyur





You mean bitcoins are really being traded for $0.25? I'm signing up!
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July 18, 2011, 10:51:29 PM
 #103

You mean bitcoins are really being traded for $0.25? I'm signing up!

Well, these prices reflect the on-going testing of the API, not real trades I am afraid!   Need to filter these out from the feed going out to Bitcoin Charts.

But I would still love to have you on-board at Camp BX!

Thank you,
    Keyur


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July 19, 2011, 01:10:07 AM
 #104

Would you confirm that there is a 1% fee assessed for withdrawing BTCs?

If so, would I gain success in trying to convince you how wrong that is?

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July 19, 2011, 01:16:05 AM
Last edit: July 19, 2011, 01:30:32 AM by Keyur
 #105

Would you confirm that there is a 1% fee assessed for withdrawing BTCs?

If so, would I gain success in trying to convince you how wrong that is?

Stephen,
      There is no fee for BTC withdrawals.  The FAQ on our website also says the same thing.  We noticed the 1% number on Bitcoin Camp BX Wiki, and have attempted to edit/correct it today.

The only fee is 0.0005 bitcents network TX fee because we are trying to be good citizens of the network.  That comes out to about half-cent per transfer.

Hope this helps,
      Keyur



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July 19, 2011, 01:44:48 AM
 #106

The FAQ on our website also says the same thing.

It shows:
 
Quote
There are NO fees for depositing / withdrawing Bitcoins.

But that then is inconsistent with:
 "(after TX fee): "
 - https://campbx.com/in/fundmgmt.php

So I just assumed the FAQ was incorrect.

[he only fee is 0.0005 bitcents network TX fee because we are trying to be good citizens of the network.  That comes out to about half-cent per transfer.

So yes, my apologies!  I think I saw the "(after TX fee): " and calculated it as if it were a proportional amount.

Perhaps that "TX fee" could be made into a link that goes to the FAQ where the 0.0005 BTC fee is described?

Unichange.me

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July 19, 2011, 02:10:07 AM
 #107

Camp BX seems to be trading much higher than the other exchanges. Anyone noticing that?

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July 19, 2011, 02:10:31 AM
 #108

The FAQ on our website also says the same thing.

It shows:
 
Quote
There are NO fees for depositing / withdrawing Bitcoins.

But that then is inconsistent with:
 "(after TX fee): "
 - https://campbx.com/in/fundmgmt.php

So I just assumed the FAQ was incorrect.

[he only fee is 0.0005 bitcents network TX fee because we are trying to be good citizens of the network.  That comes out to about half-cent per transfer.

So yes, my apologies!  I think I saw the "(after TX fee): " and calculated it as if it were a proportional amount.

Perhaps that "TX fee" could be made into a link that goes to the FAQ where the 0.0005 BTC fee is described?


Stephen, no worries - you voiced what was a potential concern for many users.

We have taken out the TX fee for now.   We can reinstate it (next time with proper communication!) when volume exceeds 1K transfers per day.

Thank you again,
       Keyur





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July 19, 2011, 03:14:23 AM
 #109

Would you confirm that there is a 1% fee assessed for withdrawing BTCs?

If so, would I gain success in trying to convince you how wrong that is?

Stephen,
      There is no fee for BTC withdrawals.  The FAQ on our website also says the same thing.  We noticed the 1% number on Bitcoin Camp BX Wiki, and have attempted to edit/correct it today.

The only fee is 0.0005 bitcents network TX fee because we are trying to be good citizens of the network.  That comes out to about half-cent per transfer.

Hope this helps,
      Keyur

Um, sorta?

I did a BTC withdraw and was told I had to pay a 0.0005 BTC fee, but the actual transaction did not have a fee, and there's still 0.0005 BTC in my CampBX account.

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July 19, 2011, 03:20:23 AM
 #110

Would you confirm that there is a 1% fee assessed for withdrawing BTCs?

If so, would I gain success in trying to convince you how wrong that is?

Stephen,
      There is no fee for BTC withdrawals.  The FAQ on our website also says the same thing.  We noticed the 1% number on Bitcoin Camp BX Wiki, and have attempted to edit/correct it today.

The only fee is 0.0005 bitcents network TX fee because we are trying to be good citizens of the network.  That comes out to about half-cent per transfer.

Hope this helps,
      Keyur

Um, sorta?

I did a BTC withdraw and was told I had to pay a 0.0005 BTC fee, but the actual transaction did not have a fee, and there's still 0.0005 BTC in my CampBX account.

Error,
    You transferred out the coins when we were testing zero-fees on the backend, while the front end still showed the 0.0005 btc fee.  

Apologies for any inconvenience - if you are planning to attend the Bitcoin Conference in NYC, perhaps I can buy you a lunch at Meze Grill and we can call it even!?  

- Keyur



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July 19, 2011, 03:43:08 AM
 #111

Would you confirm that there is a 1% fee assessed for withdrawing BTCs?

If so, would I gain success in trying to convince you how wrong that is?

Stephen,
      There is no fee for BTC withdrawals.  The FAQ on our website also says the same thing.  We noticed the 1% number on Bitcoin Camp BX Wiki, and have attempted to edit/correct it today.

The only fee is 0.0005 bitcents network TX fee because we are trying to be good citizens of the network.  That comes out to about half-cent per transfer.

Hope this helps,
      Keyur

Um, sorta?

I did a BTC withdraw and was told I had to pay a 0.0005 BTC fee, but the actual transaction did not have a fee, and there's still 0.0005 BTC in my CampBX account.

Error,
    You transferred out the coins when we were testing zero-fees on the backend, while the front end still showed the 0.0005 btc fee. 

Apologies for any inconvenience - if you are planning to attend the Bitcoin Conference in NYC, perhaps I can buy you a lunch at Meze Grill and we can call it even!? 

- Keyur

Lunch at Meze Grill for 0.0005 BTC? That's about $20,000 for a BTC, or like the 10,000 BTC for two pizzas in reverse! I'll take it Grin Though I'm not 100% sure I'll be at the conference.

3KzNGwzRZ6SimWuFAgh4TnXzHpruHMZmV8
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July 19, 2011, 04:32:09 AM
 #112

Camp BX seems to be trading much higher than the other exchanges. Anyone noticing that?

I noticed that on the way down. On the way back up, it was trading lower. This is a bad, bad sign.  It's an indication of frontrunning.  Somebody at Camp BX might be skimming the cream.

insert coin here:
Dash XfXZL8WL18zzNhaAqWqEziX2bUvyJbrC8s



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July 19, 2011, 04:36:32 AM
 #113

Camp BX seems to be trading much higher than the other exchanges. Anyone noticing that?

I noticed that on the way down. On the way back up, it was trading lower. This is a bad, bad sign.  It's an indication of frontrunning.  Somebody at Camp BX might be skimming the cream.

Just looks like normal delays in price movements between the largest exchange and the smaller ones. Remember that they are not (yet) networked, as most other commodity exchanges are. Anybody who's got liquidity at CampBX can make money this way. I even made half a bitcoin or so this way last week.

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July 19, 2011, 04:57:32 AM
 #114

Camp BX seems to be trading much higher than the other exchanges. Anyone noticing that?

I noticed that on the way down. On the way back up, it was trading lower. This is a bad, bad sign.  It's an indication of frontrunning.  Somebody at Camp BX might be skimming the cream.

Billy Joe,
      We have a documented policy of never being a counter-party to any trade, and front-running is something we will never do.  You will notice a tighter parity with other sites after our API goes live on Wednesday, and bots / frequent traders start arbitraging more aggressively.

Thank you,
      Keyur


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July 19, 2011, 05:32:48 AM
 #115

Camp BX seems to be trading much higher than the other exchanges. Anyone noticing that?

I noticed that on the way down. On the way back up, it was trading lower. This is a bad, bad sign.  It's an indication of frontrunning.  Somebody at Camp BX might be skimming the cream.

Billy Joe,
      We have a documented policy of never being a counter-party to any trade, and front-running is something we will never do.  You will notice a tighter parity with other sites after our API goes live on Wednesday, and bots / frequent traders start arbitraging more aggressively.

Thank you,
      Keyur

I am willing to give you the benefit of the doubt for now. My order was filled at $12.8 today, making me very happy.

insert coin here:
Dash XfXZL8WL18zzNhaAqWqEziX2bUvyJbrC8s



1Ctd7Na8qE7btyueEshAJF5C7ZqFWH11Wc
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September 28, 2013, 10:14:11 PM
 #116

Are you guys intentionally trying to keep away 99% of the world?

Quote
A notarized English translation if any of the above documents are not in English / Latin script

Quote
    USPS Money Orders
    MoneyGram Money Orders
    Western Union Money Orders
    Canada Post International MO
    UK Post Office International MO

And please dont tell me everybody can pay by MG or WU, unless you cover the fees.
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