Bitcoin Forum
March 19, 2024, 09:46:54 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
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 97621 times)
Fireball (OP)
Hero Member
*****
Offline Offline

Activity: 674
Merit: 500


View Profile WWW
September 20, 2012, 07:01:50 PM
 #141

As for the real bank: Our local bank claims on signs all over the place that their main safe is protected with a time lock taking 10 min to open.  I guess that is also to protect their employees from failed robbery attempts.  But yes: sometimes financial institutions brag about security, but of course never without careful consideration.
That, kind of, makes sense and is similar to those signs in the shop which say that cashiers does not have keys from the main safe box in the shop.

Margin trading platform OrderBook.net (ICBIT): https://orderbook.net
Follow us in Twitter: https://twitter.com/orderbooknet
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
picobit
Hero Member
*****
Offline Offline

Activity: 547
Merit: 500


Decor in numeris


View Profile
September 20, 2012, 08:16:42 PM
 #142

Is your site having IT trouble?  On the Futures tab, all my futures are gone (the BTC are still there), and the Funds tab give a Runtime Error - apparently the default error message of your CMS.
DeepBit
Donator
Hero Member
*
Offline Offline

Activity: 532
Merit: 501


We have cookies


View Profile WWW
September 20, 2012, 08:23:53 PM
 #143

Is your site having IT trouble?  On the Futures tab, all my futures are gone (the BTC are still there)
We are updating our software at this moment. Trading will be resumed in a couple of minutes.
Some maintenance was required to add support for our new futures, sorry for any inconvenience.

Welcome to my bitcoin mining pool: https://deepbit.net ~ 3600 GH/s, Both payment schemes, instant payout, no invalid blocks !
Coming soon: ICBIT Trading platform
picobit
Hero Member
*****
Offline Offline

Activity: 547
Merit: 500


Decor in numeris


View Profile
September 20, 2012, 08:31:20 PM
 #144

Is your site having IT trouble?  On the Futures tab, all my futures are gone (the BTC are still there)
We are updating our software at this moment. Trading will be resumed in a couple of minutes.
Some maintenance was required to add support for our new futures, sorry for any inconvenience.
I see you are back up now!  Thanks for your quick reply.
labestiol
Sr. Member
****
Offline Offline

Activity: 434
Merit: 251


View Profile
September 25, 2012, 02:06:17 PM
 #145

Hi,

I have two questions :

 - It looks like there's a bug in the order book (same for all contracts, futures and exchange). I can only see the first bid, and no asks. I think it started yesterday.
 - I saw in the "my account" section that you were implementing google 2fa. I configured it, but I can still login without entering the code.

1BestioLC7YBVh8Q5LfH6RYURD6MrpP8y6
Fireball (OP)
Hero Member
*****
Offline Offline

Activity: 674
Merit: 500


View Profile WWW
September 25, 2012, 04:55:27 PM
 #146

- It looks like there's a bug in the order book (same for all contracts, futures and exchange). I can only see the first bid, and no asks. I think it started yesterday.
It seems to happen only in one browser, we are investigating it right now.

Quote
- I saw in the "my account" section that you were implementing google 2fa. I configured it, but I can still login without entering the code.
It's in progress too. As soon as it's works, an announcement will be made.

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

Activity: 674
Merit: 500


View Profile WWW
September 25, 2012, 05:15:25 PM
 #147

- It looks like there's a bug in the order book (same for all contracts, futures and exchange). I can only see the first bid, and no asks. I think it started yesterday.
That's fixed now - please reload the webpage (if that does not help, clear the cache). Problem was a typo which sneaked into javascript client code before new version deployment yesterday.

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

Activity: 547
Merit: 500


Decor in numeris


View Profile
September 25, 2012, 06:54:33 PM
Last edit: September 25, 2012, 08:10:40 PM by picobit
 #148

Hi Fireball!

I have a suggestion for the user interface.  If a user has typed a price, and then clicks buy market or sell market, he probably wanted to place a limit order instead, and a confirmation dialog should appear.  In fact, a confirmation dialog would always be a good idea, but in particular when the input by the user is ambiguous.  

I have made that mistake twice already, such mistakes can in principle be quite costly!  In my case, I actually earned half a bitcoin, but that is besides the point. Smiley

EDIT: One more suggestion:  I just got a partially filled order, it is printed on my order list with yellow text, presumably to highlight it.  Unfortunately, yellow text on a light grey background is unreadable, I had to select the text to see what it was!
ThePok
Full Member
***
Offline Offline

Activity: 131
Merit: 100


View Profile
September 25, 2012, 08:11:29 PM
 #149

Future for Gold/BTC Huh  Thats terrible. Bitcoin is much more voilatile as Gold.

Why not USD/Gold  and the winnings and losses are payed in BTC?
Ichthyo
Hero Member
*****
Offline Offline

Activity: 602
Merit: 500


View Profile
September 25, 2012, 08:24:34 PM
 #150

Future for Gold/BTC Huh  Thats terrible. Bitcoin is much more voilatile as Gold.

Why not USD/Gold  and the winnings and losses are payed in BTC?

While USD/Gold is certainly doable, I think that its really an achievement to have a site which
is really "bitcoin based" and thus treats BTC as the primary currency. Using USD as intermediary
or exchange currency would again rise all those concerns of being a "bucket shop" (is the USD
there for real, i.e. in a bank account, yes or no? And who carries the risk of slippage).

Volatility of Bitcoin rates is a concern in itself, and futures could serve as a means to hedge
against this risk. Being able to hedge into the Gold market sounds like a nice addition, more so,
since there is (hopefully) some leverage, so you don't need to expose all your real assets (BTC)
to counterparty risk just for hedging.
Atlas
Jr. Member
*
Offline Offline

Activity: 56
Merit: 1


View Profile
September 25, 2012, 08:26:04 PM
 #151

At what corporate address can I sue you guys at if you run off with my money?
Fireball (OP)
Hero Member
*****
Offline Offline

Activity: 674
Merit: 500


View Profile WWW
September 25, 2012, 09:26:33 PM
 #152

EDIT: One more suggestion:  I just got a partially filled order, it is printed on my order list with yellow text, presumably to highlight it.  Unfortunately, yellow text on a light grey background is unreadable, I had to select the text to see what it was!
Indeed. I'm pulling off the color-coding of order statuses for now, it needs some discussion first.
Instead, rejected and canceled orders will be shown with a strike-through line, filled orders will have a gray text color to visually distinguish their "inactive" state.

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

Activity: 674
Merit: 500


View Profile WWW
September 25, 2012, 09:33:30 PM
 #153

At what corporate address can I sue you guys at if you run off with my money?
We are consulting lawyers regarding ICBIT project incorporation. This may take more time than planned due to specifics of having income in Bitcoins.

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

Activity: 686
Merit: 500


Wat


View Profile WWW
September 26, 2012, 07:56:53 AM
 #154

At what corporate address can I sue you guys at if you run off with my money?
We are consulting lawyers regarding ICBIT project incorporation. This may take more time than planned due to specifics of having income in Bitcoins.

You need to stop offering securities to the general public and move to registered share brokers in that case.

ThePok
Full Member
***
Offline Offline

Activity: 131
Merit: 100


View Profile
September 26, 2012, 08:23:04 AM
 #155

Or tell us your real Name Tongue Thats a nice start too!
picobit
Hero Member
*****
Offline Offline

Activity: 547
Merit: 500


Decor in numeris


View Profile
September 26, 2012, 02:25:40 PM
 #156

Or tell us your real Name Tongue Thats a nice start too!

While there is a good chance that no scammer would want to build such an elaborate web site as icbit.se, and a good chance that seeing it become a success is both more fulfilling and more profitable than running with the bitcoins, I must admit that it is worrying that the domain name is registered to Mr. vnnber1106-00001   Undecided

In any case, suing somebody in Russia (or Japan for that matter, if MtGox runs with our money) is pretty hopeless.  Never leave more money on any exchange that you can afford to loose.  On icbit, I am afraid that leverage makes it more likely to loose the money on the market than in any other way.  On the other hand, it is more fun than Satoshi Dice. Smiley


markm
Legendary
*
Offline Offline

Activity: 2940
Merit: 1090



View Profile WWW
September 26, 2012, 05:11:44 PM
 #157

Scammers have built awesomely elaborate websites. Some really amazing ones.

-MarkM-

Browser-launched Crossfire client now online (select CrossCiv server for Galactic  Milieu)
Free website hosting with PHP, MySQL etc: http://hosting.knotwork.com/
Fireball (OP)
Hero Member
*****
Offline Offline

Activity: 674
Merit: 500


View Profile WWW
September 28, 2012, 06:27:46 PM
 #158

Website is down for 20-30 for maintenance. A notification here will be issued when it's on again. Sorry for any inconvinience.

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

Activity: 674
Merit: 500


View Profile WWW
September 28, 2012, 07:52:38 PM
 #159

The system is back to working state.
Google Authenticator is officially supported now for logging in to the website(it's optional: if you don't set it up, you can use the website just with your password, if you want to feel more secure - enable GA authentication).

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

Activity: 2506
Merit: 1010


View Profile
September 29, 2012, 08:22:06 AM
Last edit: September 29, 2012, 07:45:54 PM by Stephen Gornick
 #160

Google Authenticator is officially supported now for logging in to the website(it's optional: if you don't set it up, you can use the website just with your password, if you want to feel more secure - enable GA authentication).

Are there plans to add multi-factor authentication like OTP to the trading site?   Right now I can add OTP to the website but that doesn't do anything to stop a replay attack to get unauthorized access to my trading account (where only username and password are still required):

 - https://icbit.se/WebTrade

Unichange.me

            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █


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:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!