/biz/ - Business & Finance

Wait so how are you making money?

>>14256958
Not yet but after the release in July, I'll do with the fees.

>>14256958
Doesn't take a genius to realise this is an attempt to increase legit volume on the exchange.

>>14257176
this is a beta to test the platform robustness, everything will be reset to 0 in July. I don't care about the volume yet.

Are you really gonna pay out? Even if I earn say one bitcoin? And how much in a month

Of course I'll do, it's my credibility that's at stake. I don't know yet but if the platform works great it can be only 1 month that I pay all debts, if it's slower it can be 6 months or more. We'll see.

Ok then, I assume I have to close my positions before the competition ends right? Or they won't become realized profits

>>14257494
You assume correctly.

No don't worry, the script that will end the competition automatically calculates the PNL based on the last price even if the positiion is not closed.

Please link the telegram group. It won’t show in the search bar

>>14256648
sounds fun but im spread thin enough as is.

Have a bump regardless.

t.me/joinchat/AAAAAE5x5aoXtB6hsAkaXA

>>14256648
So I get 1 BTC for free if I don't trade? What's stopping people from making multiple accounts?

>>14257732
>all profits (Final balance in BTC - 1BTC)

>>14257732
btw multi-account = ban for the competition

https://www.2xhr.com/legal.html

Can't figure out how to place orders, UI is a mess. This work isn't worth attention yet.

>>14257857
You enter the number of contracts (1CT = 0.001BTC) and the price, and if you believe the price will go down you sell, otherwise you buy.
Btw I take suggestion for the UI

I like the UI. It's simple and functional. Don't put all coins in a single screen though, do it like bitmex with tabs

You can change the ui layout in the settings, currently it's 2x2 for 2 columnd and 2 rows so 4 charts, you can also change the symbol at the top left of the chart.

There is also another UI https://www.2xhr.com/compact.html which was my first version of the app

why only 4 coins mate?
btw this is kinda fun

I'm just a low IQ dummy, but are there only 5 coins you can trade between?

currently there are only 5 coins but more soon don't forget it's just a beta and we need to keep a good liquidity.

>>14258558
>thx i just found bitcoin cash

can you even trade crypto-crypto pairs instead of usd-crypto pairs?

>>14258558
My balance and orders disappeared

thx for the free money loser OP

>>14258602
yep I'll do no worry

>>14258632
You discover maker rebate for the market maker?

>>14258625
it seems you've been liquidated on bitcoin... don't use high leverages buddy it's too dangerous

>>14258680
Does it reset? I was just playing around with it since nothing is real yet

I gave you the BTC back but this is the last time

>>14258758
the competition is real but op seems a kind guy he might give you back 1btc

>>14258815
Lmao how you know it was my account. That’s the fastest I ever liquidated a account. I wast just typing numbers and pressing button. I’ll take it serious this time. But I’m still confused how you or any of us are making money when none of this is real

how am I supposed to close these positions? do I just make a new order for the opposite type?

>>14258963
I looked at the logs. No problem, you've one more chance :) Btw do you know that Bitmex is making more than a million $ every day, so if the platform works great I won't have any problem to pay your profits. I hope that helps.

>>14258994
absolutely opposite orders, some explanations there if you want

https://www.2xhr.com/overview.html

>>14258994
Yea I notice the order overwrite themself

>>14259013
Yo my order for 10000$ filled....

I don't get it. I am too dumb for that stuff

>>14259257
>Register and make money bruh buy the dip s & sell the top

>>14258994
I've just realized that the font was shitty on your browser thanks to your screen, I'm gonna fix that immediately

>>14259257
>>14259584
seriously im too much of a 110 iq brainlet to understand this at all. where do enter positions?

>>14259678
you enter the nr of contracts, the price and press either buy or sell depending on whether you want to long or short. you can choose from 5 different coins atm, you can change coin box from erasing the existing font and replacing it what you can find from the search.

>>14259678
you can also read this page:

https://www.2xhr.com/overview.html

you should reload the page for the font

>>14259853
nice, it's actually a lot better

>>14256648
if you are registered you are 100% in the pool of participants?

>>14259970
yep

>>14260040
how many ppl are currently on it?

>>14260040
where are you pulling the market data from?

>>14260062
around 100

>>14260066
this is real orderbooks I've a bot that place buy and sell orders to provide liquidity

>>14260077
checked

>>14260097
how high can I use leverage?

>>14260207
1Contract = 0.001BTC, you have 1BTC, so if you buy for instance 2000ETH, you use a leverage of 2.

See this page:

https://www.2xhr.com/overview.html

>>14260207
if you buy 10 000 contracts, it means 10x leverage. Maximum leverage is 1000x if I understood correctly.

>>14260207
sorry I read too quickly, margin up to 1000 but you must keep some funds free to close your positions.

>>14256648
Can we use leverage? Can we short?

I am making so much money boys. Thinking about that lambo.

>>14260243
I feel like the problem with the competition is that on your exchange there are ridiculous spikes in price, which would instantly liquidate the position, while this doesn't happen to this extend on 'real' exchanges. am i wrong?

>>14256648
I tell u this now, its shit on a Samsung phone mate, cant even enter my name without it crashing

>>14260287
Yes and Yes
https://www.2xhr.com/overview.html

>>14260386
I'm the only one who provide a very poor liquidity that's why you should'nt use high leverages while liquidity is so poor. the platform needs market maker.

>>14260431
s10?

>>14260386
yeah, we can bank on people who are just trying out this thing for the first time.

>>14260431
lol, use this https://www.2xhr.com/compact.html when you're on a phone buddy

>>14260321
I dont understand the leverage, lets say anon keeps the free amount like tha tfor eom and how much btc will he be able to withdraw ? after july

>>14260470
Yeah how did u know?

Are we seeing other people's longs and shorts? Are their transactions affecting our books or is all isolated per account

>>14260530
Mine also crashed

Is it normal for a position to close itself? I didn't get liquidated before you ask

>27 posts by this id
yikes

>>14260494
The profit is Final Balance - 1BTC, so if you do nothing then nothing happens.

>>14260546
I don't understand the first question. yes of course the orderbook is the same for everybody like on any exchange, you are not isolated

>>14260577
>checkem

>>14260573
Deleveraged maybe?

I'm about to be so rich

>>14260615
Not sure what that means

>>14259746
Okay it is officiall: I am too dumb to even understand the whole thing. Lost my whole balance. IQ around 80

>>14260717
what's your nickname, I'm gonna check what happened to you

>>14260657
The chart is buggy I’m making gains for no reason. How can op even pay out these funds

>>14260738
I'm pretty dumb too, but I've gotten ahold of this now I think.

>>14260762
Yeah you're right I got deleveraged, I'm just not sure what that means since I don't usually margin trade

>>14260774
>mfw btc already hit 10k on ur site

someone just got rich

Did someone just buy btc up to 99999 lmao

Ok so the price just went to 99999 and not sure but now I have zero? Any reason why?

>>14260791
derivatives problem :)

The bots got craze

>>14256648
What the fuck does any of this mean?

OP the chart is buggy.

>>14260828
what bug? screenshot please :)

>>14260839
The price went to 99999. I sold at that price and made insane gains.

>>14260849
so it was not a bug ;)

>>14260864
OP you can’t pay out this amount of gains lmao. There’s no way. Bunch of anons probably toke profit that isn’t really there

>>14260864
Can you explain this please >>14260825

>>14256648
basically you are saying that everyone that is profitable will eventually get their profits paid?

>>14260882
what's your pnl?

>>14260825
you made nice gains with a high leverage position.
Your portfolio has grown 62,5% from point 0.

>>14260904
0.01

>>14260882
He can pay exchanges make fucktons of money

>>14260825
you open a short @ 99999USD with a leverage of 41

>>14260928
is that good?

>>14260920
his exchange has no customers yet

Anyway I can get a reset too like that other guy? 99999 bitcoin wiped me without really knowing that was even a thing. I'm Versace Python

>>14260939
Duh it's in testing phase

>>14260939
"At the end of the competition, 30 June 2019 - 23:59:59 UTC, all profits (Final balance in BTC - 1BTC) made will be recorded as part of the exchange's debt and paid each month with 50% of the monthly fees collected from July 2019 onwards."

RIP. Got completely wiped about by the last pump.

>>14260798
you got liqquidated

>>14260928
None if this makes any sense

>>14260986
OP really going to pay you for that lol? would be surprised

>>14260986
just close all your positions and wait til the end of june to cash in your free 1.9 BTC when the page starts to make money.

What should I do? I don't understand this

>>14261026
Enjoy liquidation bro lol

>>14261020
You seriously think that’s going to happen. None of this adds up. We all just made gains that wasn’t supposed to exist

>>14260966
Am i doing this right?

>>14261020
how do i do that?

>>14261052
>n!gger f4g

10000x long btc to the moon EZ money lol

OP, does >>14261026 mean that I need to buy 223180 BTC to close? What is this

Got liquidated because of my 10x short @9700 and price going to 99 999. Such a good and realistic simulator!

>>14261225
yes, do it at market price

>>14261248
lol I shorted at 91k but had no leverage so basically made nothing

>>14261225
you sold 223180 BTC contracts so yes you must buy the same quantity to close the position...

>>14261248
Leverages are dangerous... I never used them

>>14261258
LMAO

dont forget that the pnl is real only if you close the position otherwise it's just an estimation based on the last price

>>14261285
site feels abit lagging though, like I try to enter a position but it takes a few minutes to actually show up

>>14261300
op wtf, I got liquidated while my pos short pos was selling... sold 10k btc @ 9599... how would I get liqui'd?

im dumb how do you pick leverage

i short at 400 000k BTC but it somehow shows up as a loss? lol

boys, since these spikes keep happening, I suggest everyone make an order for x100 000 contracts SHORT @ 99 999 $. The price gets there, but it can't go any lower so it's just free money.

when you have a problem write your nickname this allows me to check what really happens to you

>>14261353
no because price has also hit 900k USD so you would get liquidated

>>14261324
>>14261362
fLuOxSeTr

>>14261353
any higher, I meant.

Versace python. Liquidated I think by the 99999 pump. Just tryna live my life and play this game.

price is at 9000 isn't it

>>14261324
it's because the price spikes up to around 900k and any leveraged position gets liquidated fast.

>>14261375
>fLuOxSeTr
you short has been simply liquidated du to the flash pump, the message in the balance tab:

Liquidation Short 9854BTC@10577.89508061USD

>>14261395
isnt such a position supposed to be profitable, price is below entry?

>>14261402
>>14261362
why not base the liqu price on an actual exchange price then?

>>14261420
damn... can I get a second shot at this plzzzzzz :)

>>14261420
check pepeblot user pls as well

I agree I think price should be based on actual exchange price to avoid 999999 spikes. Also can I get a reset pllllzzz - Versace Python

>>14261437
let's go

>>14261436
if pepeblot doesn't exist please try blotgrim, as I haven't paid much attention to the username

95300 btc price

>>14261472
you are the last one where I reset the balance

>>14261437
I feel like OP should just restart this. I don't think any sensible person would have thought we'd have flash pumps up to almost 1 mil/btc and this shouldn't ever even happen.

>>14261485
look at this url for the detail of your position, you'll see why it's not profitable because of the realized PNL: https://www.2xhr.com/compact.html

Just got wiped out :(

>>14261506
You're the man

My 2xhr career highlight montage:

>>14261506
Pls sir!

>>14257907
>Btw I take suggestion for the UI
Copy Bitfinex.

how can you afford to pay this out

>>14261614
he said he starts paying out monthly from 50% of the revenue he makes.

hi noob harveymilk here, i bought btc for like 77000?? pls help reset me idk wtf is going on here.

>>14261632
why did you buy it?

>>14261613
They use ReactJS and it's a nightmare :(

Sorry guys it's over I do not reset because the crypto market is a zero sum game. Your loss is someone else's profit.

I clicked market buy thinking it wouldbuybtc at 9500 and it bought at 77000 wtf

On the chart it says I have 25btc long left but on the records it shows I have nothing open

>>14261748
refresh the page please it's a beta, I've fixed the bug but it's not yet released

>>14261647
Honestly, it's a shit game at this state and way too easy to abuse once you know that these spikes happen. It's only about whoever can abuse the system the best.

>>14261775
So what should I do? I take all suggestions buddy

>>14261804
Why is it spiking so much anyway

>>14261804
Take the price from somewhere else

>>14261853
because it's derivatives not spot trading like finex and the price can go anywhere

>>14261864
So there is no orderbook in this case?

>>14261875
Just put a fake orderbook

>>14261647
Alright no prob. Was looking forward to keep playing but thanks anyway. Good luck with the platform

>>14261853
because some people buy MARKET with max leverage and there are not enough sellers so that buyer buys from sellers who's SELL positions are set at 900k for example.

>>14261887
This is a non-sense

Should I change the platform wallet or how do u going to pay?

Literally had 9 BTC from the pumps, cancelled all my orders and my funds disappear. Username cMelts OPwhat in the fuck

>>14261647
What stack do you use?

>>14261931
of course I'm gonna pay with the future fees...

>>14261946
Redis <3 Super fast and Mongo to archive all messages like balance movements, logs...

>>14261944
this is your logs, I don't see 9BTC...

{ "_id" : ObjectId("5d0bfaed4bb22d0426c9f2ac"), "id" : "5d0bf1244bb22d0426c91890", "q" : "0.57159631", "d" : 1561066221774, "l" : "Deleveraged on BTC 78293BTC@9568.85969273USD" }
{ "_id" : ObjectId("5d0bfcb095322004289d00a1"), "id" : "5d0bf1244bb22d0426c91890", "q" : "0.00001334", "d" : 1561066672672, "l" : "PNL Short 64XMR@106.45USD" }
{ "_id" : ObjectId("5d0bfd1395322004289d060e"), "id" : "5d0bf1244bb22d0426c91890", "q" : "-0.00208212", "d" : 1561066771472, "l" : "PNL Short 15000BTC@9598.00USD" }
{ "_id" : ObjectId("5d0bfd144bb22d0426ca2e14"), "id" : "5d0bf1244bb22d0426c91890", "q" : "0.21006563", "d" : 1561066772017, "l" : "Liquidation Short 1941BTC@11082.25467929USD" }
{ "_id" : ObjectId("5d0bfdfb95322004289d1e8a"), "id" : "5d0bf1244bb22d0426c91890", "q" : "-1.79476515", "d" : 1561067003053, "l" : "Liquidation Long 82793BTC@97831.24764682USD" }
{ "_id" : ObjectId("5d0bfe594bb22d0426ca536b"), "id" : "5d0bf1244bb22d0426c91890", "q" : "-0.01394784", "d" : 1561067097724, "l" : "Liquidation Long 1689XMR@105.55109585USD" }
{ "_id" : ObjectId("5d0bfe8295322004289d2d86"), "id" : "5d0bf1244bb22d0426c91890", "q" : "-0.01941387", "d" : 1561067138201, "l" : "Liquidation Long 16381BTC@9987.14972919USD" }

>>14261951
So after June 30 does the balance reset to 1 btc? Can we carry our profits on to the next month

>>14261944
you were probably too late with cancelling your orders and had a leveraged short position open that filled.

>>14261967
I have absolutely no idea about Redis but I've worked with Mongo and I loved it. If you'd need any help in the future, I'd like to join, don't know much about crypto related stuff when it comes to development but I could catch up.

Good luck with your project man

>>14262028
I need help for the front-end because the ui is not very good, pm me on telegram t.me/HighRiskHighReward

>>14262014
the balance is reset TO 0BTC, your profits will be added every month if the platform makes money with the fees

>>14262057

I'll hit u up tommorow, after work. What timezone are you in?

>>14262057
Why can’t we have this conversation in the telegram group?

>>14262084
europe

>>14262098
Cool, expect to hear from me around 3-5 UTC.

mfw i have made less than 50 usd in profit, all this time

How much leverage is 2 contracts? x2? Also I my "positions" tab is blank does that mean i got liquidated?

>>14262228
https://www.2xhr.com/overview.html

>>14262235
Yeah I think I got liquidated a long time ago. Nice set up though man. Theres no doubt in my mind you'll be able to make your own exchange in the near future

how do I trade

>>14262372
you can see what happens to your funds in the balance movements section if you want

>>14262380
9999 again

>>14262507
what does liquidated mean

>>14262525
You lost everything i guess

>>14262529
but i didnt lose real things did i isnt this play money

>>14262525
its explained here 2xhr.com/overview.html

>>14262538
its a competition and op will pay the profit -1btc of your acc after july if the exchange succeeds

>>14262565
just for beta testing? is it possible this is a money laundering/ip tracking/email association honeypot?

>>14262573
were just lab rats

Should we share this around to get the 1k users?

>>14262398
Yeah I did. Turns out I was good I just forgot to buy the same amount that I sold. I got deleveraged shortly after though

>>14262597
potentially paid lab rats.
still better than nigmex tho.

>>14262791
Yeh i cant wait for july to come
*Relishes*

So everybody starts with 1 btc in their account already?

>>14262892
yup

I’m up over 5BTC on this, what are the chance this gets paid out?

>>14263775
Literally 0

>>14256648
how are you able to have no kyc if you're a French company? no way you aren't breaking the law

This is pretty cool OP, ive never margin traded before this might be a fun learning experience.
Some feedback : you should make it where you can have only 1 coin in the screen instead of all of them.
Perhaps make a YouTube video explaining how to make the orders?
I am confuse

I like the simple design tho

Someone makes such price movements. (these are not my friends).
For this reason, I earned a lot btc.
My nikname molokoiananas

>>14263904
Yeah minimalist design is A+

>>14263880
French are the lawmakers if

>>14256648
>Accessing our website through a VPN is a violation of our Terms of Service.
>We reserve the right at any time to verify your identity through the Know Your Customer procedure for the purposes of complying with any Anti-Money Laundering laws or any Counter-Terrorist Financing laws.

>You cannot use our website if you reside in one of the following countries: France, the United States of America.

lol, dead in the water.

How do I sell?

>>14263904
>This is pretty cool OP, ive never margin traded before this might be a fun learning experience.

Yes, I also liked it, it seems like a trading simulator. (with god mode enabled).

>>14256648
>If we detect a violation of our Terms of Service, you will not be able to place an order to increase a position and withdraws will be suspended.

so accessing the site from usa means you can't even withdraw anymore, and vpns are banned? even bitmex is more lenient.
Look you have literally one chance to grab any market and that's offering services to burgers banned from bitmex. If you don't do that you can as well close right now

>>14263973
On the eth contract place the number of eth you wana sell on the price square type the price you wana sell your eth for.
yaw

So if I type 1 in the contract box I'm buying 1 ETH on 1x leverage? How come my btc were still at .9999

>>14256648
Hey op I got my girlfriend to make her own account so we can compete but she wasn't able to sign up on her lg q7+ phone, and she used my computer. So there are two accounts on the same computer and ip but it's really different people plus we have you feedback.

This is better for cellphones
>https://www.2xhr.com/compact.html

>>14264332
There is absolutely no way you are going to pay up when it comes time. What address would you even place the btc in?

OP where the fuck you at

>>14264389
im not op, Op abandoned the ship about 2 hr ago, but i was here since the beggining