Bitcoin Forum

Bitcoin => Development & Technical Discussion => Topic started by: Matthew N. Wright on July 03, 2011, 06:34:46 PM



Title: Help wanted for New BTC exchange site
Post by: Matthew N. Wright on July 03, 2011, 06:34:46 PM
http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://img713.imageshack.us/img713/503/nopost.png


Title: Re: Help wanted for New BTC exchange site
Post by: kjj on July 03, 2011, 07:55:11 PM
The bitcoin interface will be easy.  It is the currency APIs that will be difficult.


Title: Re: Help wanted for New BTC exchange site
Post by: kjj on July 03, 2011, 08:54:56 PM
No, I mean interfacing with whatever system you use to transfer currency in and out.  If it was dollars, you'd be using Dwolla and/or LR.


Title: Re: Help wanted for New BTC exchange site
Post by: saykor on July 03, 2011, 09:02:23 PM
is there any reason it couldn't be automatic?

YES. Hakers will use your automated system to steal your money.


Title: Re: Help wanted for New BTC exchange site
Post by: Meni Rosenfeld on July 05, 2011, 07:24:34 PM
Oh, I get you. The way I was thinking was that only the BTC would be traded in real time, given the simplicity of it as already being an electronic currency.

Any 'payouts' into physical currencies (or bank transfers) would be done manually. The trading account however would have the amount liquidated until payout for use in more trades.
Makes perfect sense to me.