|
Fireball (OP)
|
 |
March 16, 2014, 10:25:17 AM |
|
I was not able to confirm if the 0.0001 BTC/ Trade or Settlement is the only fee, or if there are overnight-fees ect.
We had a few contracts running with the so-called clearing fee (taken twice per day when holding the position "overnight") in the past. However all presently trading contracts don't have any clearing fee and only have fixed per trade fee and final settlement fee. |
|
|
|
|
|
|
|
|
|
|
|
|
Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
|
Fireball (OP)
|
|
March 19, 2014, 11:40:13 AM |
|
Trading may be down for a few minutes due to software updates deployment aimed to resolve networking issues we were having recently.
|
|
|
|
|
Fireball (OP)
|
|
March 19, 2014, 12:08:11 PM |
|
Services are back to normal state. The purpose of the update was to bring stability of the system to a higher level.
|
|
|
|
random_cat
Newbie
 Offline
Activity: 30
Merit: 0
|
|
April 20, 2014, 10:03:45 AM |
|
What was the BUJ4 settlement? Can we get that datum shared?
|
|
|
|
|
|
Fireball (OP)
|
|
April 21, 2014, 08:44:36 AM |
|
What was the BUJ4 settlement? Can we get that datum shared?
BUJ4 settled 2014-04-18, at 20:00 UTC time. Settlement price was $484 (calculated in contract price units without rounding as 1 hour volume weighted average price based on transactions info provided by Bitstamp API). Total traded volume over the lifespan of contract was $3,700,120. Now a new near month contract is launched, BTC/USD-5.14 (BUK4). Happy trading! |
|
|
|
BitcoinSitesOrg
Newbie
Offline
Activity: 53
Merit: 0
|
|
April 23, 2014, 12:36:23 PM |
|
Hello ICBIT and all traders! BitcoinSites.Org reviewed your bitcoin and futures exchange. bitcoinsites.org/icbit |
|
|
|
|
|
Fireball (OP)
|
 |
April 24, 2014, 10:30:44 PM |
|
Dear API users! Two new order statuses will be added soon: PendingCancel and PendingNew ( https://icbit.se/api ). So that the order workflow will be: Pending New -> New or Rejected -> Filled or Partially Filled or Pending Cancel -> Canceled. Please prepare to handle the new statuses properly in your software. And more cool improvements to come! |
|
|
|
|
Fireball (OP)
|
|
April 28, 2014, 10:23:09 PM |
|
Work on HTTP API implementation is going on and today we deployed first two API requests - to create and cancel an order. The authentication process is very similar (technically the same) as the one used by Bitstamp, which should save you time if you already have bots trading in Bitstamp. Other API requests will follow. Please let us know if you like something specific. Your feedback is highly appreciated, as usual. |
|
|
|
|
Fireball (OP)
|
|
April 30, 2014, 10:30:28 AM |
|
Three new requests added to the HTTP API: - Fetching order book for a particular trading instrument
- Getting a list of your orders
- Account balance and open positions
If there is anything else necessary - please don't hesitate to let us know. |
|
|
|
|
|
tistoni
Newbie
Offline
Activity: 32
Merit: 0
|
|
May 10, 2014, 06:56:24 PM |
|
I have a problem. Say I get paid 100 BTC with $10 per coin, which makes it worth $1000 today. I convert that to $ but in 1 month or some time in the future, I want to buy back 100 BTC at $10 per coin for the value of $1000. The problem is that in one month the price of Bitcoin might change. So I want to know how much it would cost me today to get insurance against the change in price of bitcoin one month into the future. I do not care about profits nor losses related the change in price, I just want to avoid any change.
Is this possible to do on ICBIT with a futures contract. If yes, then how? Could you please tell me where I could see how much this insurance would cost me today as a percentage of the amount of BTC I want to insure. Thanks.
|
|
|
|
|
|
Fireball (OP)
|
|
May 19, 2014, 08:46:56 AM |
|
That's exactly what the futures contract is for.
If you got paid with $1000 in Bitcoins (100 BTC in our case), then you need to sell 100 futures contracts for at least $10 (or higher) price to fix your BTC value in USD (e.g. if BTC rate drops to $5, then you would get 100 BTC in profit, however, if BTC rate goes to $20, then you would loose 50 BTC, however remaining 50 BTC will still cost the same $1000 bucks).
Please feel free to ask any questions. The delay with answer was due to Bitcoin2014 conference in Amsterdam.
|
|
|
|
|
davidgdg
|
|
May 20, 2014, 10:51:55 AM |
|
I have a question about security of funds (both margin and running profits). Do you have any plans to implement 2 of 3 multi-sig on margin and profits? Otherwise, what protection is there against ICBIT insolvency?
Many thanks
David
|
"There is only one thing that is seriously morally wrong with the world, and that is politics. By 'politics' I mean all that, and only what, involves the State." Jan Lester "Escape from Leviathan"
|
|
|
|
Fireball (OP)
|
|
May 21, 2014, 12:07:12 PM |
|
I have a question about security of funds (both margin and running profits). Do you have any plans to implement 2 of 3 multi-sig on margin and profits? Otherwise, what protection is there against ICBIT insolvency?
Many thanks
David
Majority of client funds (more than 99%) are stored in the cold wallet. For safety reasons we are not exposing these addresses to the public, neither the amount of client funds we hold. For withdrawing, we provide an optional two factor authorization protection, using GAuth. |
|
|
|
|
|
|
alittle
|
|
May 24, 2014, 11:03:22 AM |
|
I'cant understand how is "initial margin" calculated?
Can you explain it for me?
|
|
|
|
|
|
|
|
Fireball (OP)
|
|
May 25, 2014, 09:58:17 PM |
|
I'cant understand how is "initial margin" calculated?
Can you explain it for me?
Right now it's a max possible loss within one trading session (e.g. when buying at the highest price and selling at the lowest). Soon it's going to be more complicated and reduced to allow more leverage. |
|
|
|
killerstorm
Legendary
Offline
Activity: 1022
Merit: 1015
|
|
June 10, 2014, 08:57:54 AM |
|
https://icbit.se/WebTrade/Trading.aspx -> This webpage has a redirect loop Chromium 35.0.1916.114 (Developer Build 270117) Built on Debian 7.1, running on Debian 7.5
|
|
|
|
|
Fireball (OP)
|
|
June 10, 2014, 03:46:44 PM |
|
Please clear your web browser cookies. We changed all cookies domain to be consistent throughout the site's services and as a result old cookies are getting into conflict occasionally. We were not able to reproduce this problem to fix it ourselves. Sorry for inconvenience! |
|
|
|
|
