Bitcoin Forum
December 04, 2016, 08:37:52 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 [44] 45 46 47 48 49 50 »
  Print  
Author Topic: ICBIT Derivatives Market (USD/BTC futures trading) - LIVE  (Read 88484 times)
myself
Legendary
*
Offline Offline

Activity: 938


chaos is fun...…damental :)


View Profile
July 01, 2013, 07:54:08 AM
 #861

Hey OP +Tycho did you guys considered LTC(BTCLTC) and doing the settlements in LTC and BTC ?

Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
1480883872
Hero Member
*
Offline Offline

Posts: 1480883872

View Profile Personal Message (Offline)

Ignore
1480883872
Reply with quote  #2

1480883872
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480883872
Hero Member
*
Offline Offline

Posts: 1480883872

View Profile Personal Message (Offline)

Ignore
1480883872
Reply with quote  #2

1480883872
Report to moderator
ThePok
Full Member
***
Offline Offline

Activity: 137


View Profile
July 01, 2013, 08:27:14 AM
 #862

If ICBIT starts settlement in Litecoins, i leave Tongue
myself
Legendary
*
Offline Offline

Activity: 938


chaos is fun...…damental :)


View Profile
July 01, 2013, 09:21:15 AM
 #863

If ICBIT starts settlement in Litecoins, i leave Tongue
and for BTCLTC contracts how the settlements should be done ? settlements in fiat are problematic but LTC solve that problem

Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
picobit
Hero Member
*****
Offline Offline

Activity: 547


Decor in numeris


View Profile
July 01, 2013, 02:46:01 PM
 #864

If ICBIT starts settlement in Litecoins, i leave Tongue
and for BTCLTC contracts how the settlements should be done ? settlements in fiat are problematic but LTC solve that problem
Settlement in BTC would be natural, as for all other ICBIT instruments.
myself
Legendary
*
Offline Offline

Activity: 938


chaos is fun...…damental :)


View Profile
July 01, 2013, 03:42:48 PM
 #865

Settlement in BTC would be natural, as for all other ICBIT instruments.

if i have to chose i pick ltc


Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
[Tycho]
Hero Member
*****
Offline Offline

Activity: 742



View Profile WWW
July 02, 2013, 06:59:45 AM
 #866

Honestly, I don't actually think that altcoins and forks are important. Bitcoin is the power. The only potentially useful altcoin was NMC, but the project is dead now.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures (NEW!). Third year in bitcoin business.
myself
Legendary
*
Offline Offline

Activity: 938


chaos is fun...…damental :)


View Profile
July 02, 2013, 09:59:31 AM
 #867

are you considering adding other instruments? synthetic index, options, warrants, turbo-warrants

Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
Fireball
Hero Member
*****
Offline Offline

Activity: 673


View Profile WWW
July 03, 2013, 09:05:09 PM
 #868

are you considering adding other instruments? synthetic index, options, warrants, turbo-warrants

Yes, if traders actually want to trade them. You can make a proposal.

Margin trading platform OrderBook.net (ICBIT): https://orderbook.net
Follow us in Twitter: https://twitter.com/orderbooknet
myself
Legendary
*
Offline Offline

Activity: 938


chaos is fun...…damental :)


View Profile
July 03, 2013, 10:09:10 PM
 #869

are you considering adding other instruments? synthetic index, options, warrants, turbo-warrants

Yes, if traders actually want to trade them. You can make a proposal.
a start can be something similar to dollar index

Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
Stephen Gornick
Legendary
*
Offline Offline

Activity: 1988



View Profile
July 05, 2013, 07:08:22 PM
 #870

Feature request:

Ability for me to cause a new deposit address to be generated for my account.  

Currently, the blockchain shows all my deposits to a single Bitcoin address that get credited to my wallet at ICBIT.

The whole concept of there being a new Bitcoin address for each transaction is so that privacy is maximized.    Because the wallet is a hosted (shared) EWallet, the funds I deposit will likely be withdrawn by someone else, thus there are clues out there that the address is associated with ICBIT deposits and those addresses might get scrutinized further to try to determine the identity or other clues about who is the party responsible.

bump on this feature request.

Stephen Gornick
Legendary
*
Offline Offline

Activity: 1988



View Profile
July 11, 2013, 02:00:41 AM
 #871

so withdrawal requests which would normally be processed are pending now (because otherwise they may not be able to sustain payout requirements of a BTC/USD-4.13 contract due to settle in a couple of days.

The amount displayed as being available for withdrawal shouldn't be a soft number.  What conditions would cause a withdrawal request to hang as pending, and for how long would the duration be of that status on a withdrawal request? 

Stephen Gornick
Legendary
*
Offline Offline

Activity: 1988



View Profile
July 11, 2013, 05:17:40 AM
 #872

There's conversation in another thread that is more appropriate here, so I'm quoting a part of it here for discussion.

when you are holding positions that compete with people who can create unlimited contracts and who can see the details of your positions, including available bitcoin.

Is it possible to run an exchange where the exchange operator would not have the ability to enter fabricated orders or to know the positions held in customer accounts?

Fireball
Hero Member
*****
Offline Offline

Activity: 673


View Profile WWW
July 11, 2013, 07:21:53 AM
 #873

There's conversation in another thread that is more appropriate here, so I'm quoting a part of it here for discussion.

when you are holding positions that compete with people who can create unlimited contracts and who can see the details of your positions, including available bitcoin.

Is it possible to run an exchange where the exchange operator would not have the ability to enter fabricated orders or to know the positions held in customer accounts?

There are no people who can create unlimited contracts in ICBIT, simply because payment for these contracts (not the margin requirement, but variation margin payments) would be huge if price goes against those people.

Margin trading platform OrderBook.net (ICBIT): https://orderbook.net
Follow us in Twitter: https://twitter.com/orderbooknet
Fireball
Hero Member
*****
Offline Offline

Activity: 673


View Profile WWW
July 11, 2013, 07:25:46 AM
 #874

so withdrawal requests which would normally be processed are pending now (because otherwise they may not be able to sustain payout requirements of a BTC/USD-4.13 contract due to settle in a couple of days.

The amount displayed as being available for withdrawal shouldn't be a soft number.  What conditions would cause a withdrawal request to hang as pending, and for how long would the duration be of that status on a withdrawal request? 

It is a soft number if that account has open positions in futures contracts due to Unrealized Profit/Loss, which is marked to market.

Withdrawal requests are very rarely hanging as pending. When this happens, it's best to contact support to resolve the situation quickly (the reasons are mostly security/safety related).

Margin trading platform OrderBook.net (ICBIT): https://orderbook.net
Follow us in Twitter: https://twitter.com/orderbooknet
Stephen Gornick
Legendary
*
Offline Offline

Activity: 1988



View Profile
July 11, 2013, 07:37:48 AM
 #875

Is there a method for contacting support securely?

e-mail, unless encrypted, is not secure.  Does ICBit support have a GPG key for messages?

Fireball
Hero Member
*****
Offline Offline

Activity: 673


View Profile WWW
July 11, 2013, 04:56:28 PM
 #876

Is there a method for contacting support securely?

e-mail, unless encrypted, is not secure.  Does ICBit support have a GPG key for messages?

It's definitely more secure than posting support requests in this thread :-)

Margin trading platform OrderBook.net (ICBIT): https://orderbook.net
Follow us in Twitter: https://twitter.com/orderbooknet
killerstorm
Legendary
*
Offline Offline

Activity: 994



View Profile
July 11, 2013, 08:16:22 PM
 #877

Is it possible to run an exchange where the exchange operator would not have the ability to enter fabricated orders or to know the positions held in customer accounts?

Yes, sort of. I described a way to implement something like futures trading on top of colored coins. There are some limitations, of course. Particularly, contracts are capped, they aren't 100% same a futures. (Settlement exactly matches settlement of similar futures contract only if price is within a certain range. E.g. when BTCUSD is between 70 and 100.)

But otherwise, there is a lot of transparency. Basically, operator cannot do much without getting caught; he plays no role between launch and settlement; it is possible to get multiple parties involved, they would need to collude to go rogue.

colored coins proof-of-concept: private currencies, stock/bond p2p exchange

Tips and donations: 16v13Fa9cPmfFzpm9mmbWwAkXY4gyY6uh4
Fireball
Hero Member
*****
Offline Offline

Activity: 673


View Profile WWW
July 21, 2013, 08:22:38 PM
 #878

4342 contracts of July BTC/USD futures (ticker BUN3) settled 15th of July at $98.26 (MtGox VWAP), total trading volume $158'580.
New contract of a similar type (ultra low trading fee but with a small clearing fee) was successfully launched, it is August BTC/USD futures, ticker BUQ3.

Happy trading!

Margin trading platform OrderBook.net (ICBIT): https://orderbook.net
Follow us in Twitter: https://twitter.com/orderbooknet
boomerlu
Jr. Member
*
Offline Offline

Activity: 50


View Profile
July 22, 2013, 12:43:36 PM
 #879

When are we getting a VWAP (or some other mechanism) to set the clearing price? While I'm not personally very concerned as far as my own trading, a better mechanism would add to the legitimacy of the exchange. This is in response to akwfleaspirit, who, while certainly misinformed about a lot, is right that it's way too easy to manipulate the clearing price.

A "clearing cross" like NYSE's open/close crosses might help, and as a bonus you can put in margin called positions so they have access to the hopefully greater liquidity. It's also an established point in time to do lots of liquidity - if you can get traders to gather at these times, you may see more trading overall. A good cross can also simplify trading for those who don't want to babysit their limit orders.
qxzn
Hero Member
*****
Offline Offline

Activity: 602



View Profile
July 22, 2013, 02:47:37 PM
 #880

When are we getting a VWAP (or some other mechanism) to set the clearing price? While I'm not personally very concerned as far as my own trading, a better mechanism would add to the legitimacy of the exchange. This is in response to akwfleaspirit, who, while certainly misinformed about a lot, is right that it's way too easy to manipulate the clearing price.

A "clearing cross" like NYSE's open/close crosses might help, and as a bonus you can put in margin called positions so they have access to the hopefully greater liquidity. It's also an established point in time to do lots of liquidity - if you can get traders to gather at these times, you may see more trading overall. A good cross can also simplify trading for those who don't want to babysit their limit orders.

I was under the impression that BTCUSD futures were already cleared with mtgox vwap.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 [44] 45 46 47 48 49 50 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!