My bad then. I apologize.

Ouch, not storing times in UTC??

Welcome to Servers 101.

In my opinion, this is a bigger red flag than some well meaning UI effort.

This speaks to incompetence or at least ignorance of basic best practice.

just out of curiosity, why GET /new_wallet, when the other calls all seem more RESTful

GET should be idempotent

Um, what's your website name again?

Also, seeing an influx of cash means the price is likely to go up. (10x the normal dwolla deposits due for a day)

Right now I am renting from a landlord who is just a regular person (no company, no cc, nothing)

It is really painful to pay rent.

Options:

1.) Write check, give her check, she goes to her bank, deposit check, (trusts me), (2-3 days)
2.) Pay 20$ regardless of size to have money wired to her (close to instant)
3.) Get cash out and go and hand it to her. (Quick but inconvenient, she lives on the other side of town.)
4.) Pull out cash, drive to her bank, deposit money in her account. (same as 3, but less inconvenient, still a PITA)
5.) Money order, etc
6.) Have wells fargo 'Bill Pay' cut her a check and mail it automatically (takes 3-4 days, this last month I had it scheduled for the 25, which landed on a saturday, they said the check would arrive on the 5th! (plus then the time of the check clearing in her bank.)

Bitcoin beats the pants off of all of these I think. And this is where it shines; person to person transactions (loaning money, paying rent, buying crap)

I don't mine. So I can't answer your question 'as a result of mining'

But it sounds to me like you are about to take the plunge and want to know "is this shit for real? Can I really sell bitcoins for real money?"


Do this:

1.) Open an account on mtgox or tradehill.
2.) Buy Bitcoins
3.) Wait a day.
4.) Sell Bitcoins
5.) Withdraw EUR/USD from exchange.

You will see that you can, in fact, trade BTC for USD.
As far as mining is concerned, It'll only be 1,4,5


As far as "is mining actually profitable?" That's a whole other enchilada.

EDIT: Re read your post to see you aren't actually solely focused on mining. But the answer remains, yes, there are always buyers for your bitcoins (or there have been so far)
I still recommend doing the above so you can see that step 4 is actually the easiest part.

25.6mil 30d volume x .0130 (0.0065 on each side) leaves 330k this month..no?

Yeah, sucks to be him.

This ought to be interesting..

This is incredibly painful for me to watch.

Just imagine for a second that you were a brilliant mathematician, you eat, shit and sleep math.

One day you see a big gathering, and someone has been chosen at random to answer a math question, and they will win untold fame and fortune.
The question is fun, if a little simple, but you have to squirm as you watch this nincompoop fumble around and fuck it up.

Guys like me who love servers, server architecture and scalability arguments, dream of days like this.

We love to overengineer even when it is not necessary (we try not to).

this is a no brainer, a quality problem.
If i knew that on date x, time y, that i was going to have n users hitting my server all at once, this would be an easy task.

It would be fun, it would go smoothly, I would have a plan.

I can only think the guys at MtGox are either grossly incompetent or incredibly greedy (they still have all this stuffed on to some box under their desk).



Torturous...

1 Subway sandwich. (I gave my brother a bitcoin to help me test my app, and he bought me lunch for it, (btc ~= $8))

This is the hilarious part to me.

The things they are struggling with are not actual security issues

Locking your front door is not a security issue, it is just common sense.

These trivial things that have been solved a million times and can and should be automatic

You don't hire a security guy to come lock your front door.

This is all correct and makes sense. I would also like to add that in order to serialize a decimal.Decimal() (which i can almost guarantee they are using).
 You have to cast it to a native type beforehand. Your choices are: str(), int() or float().

The choice is obvious

Indeed, this is not that out of the ordinary.

I heard tonight that they use python for their backend. (+1 over the php using mtgox)

So the are most likely using the Decimal data type from the standard lib. This is not strange.

What I think should happen is crap like this should be removed as soon as it is realized it is crap. You are tarnishing the name of a business.

Or the OP should have contacted TradeHill with their little 'discovery' before pulling this.

How many scrolled through the forums, saw "TradHill API was coded by amateurs" without taking the time to find out the truth?

That sentiment is now floating around in their subconscious.

What use is it for an auditor to have password hashes?

No, because that is not at all what bitcoin mining is.

what 'algorithm' are you refering to? sha256? http://en.wikipedia.org/wiki/SHA-2 ECDSA? http://en.wikipedia.org/wiki/Elliptic_Curve_DSA

All algorithms used in the bitcoin protocol are very well documented. thousands of people 'know the algorithm'

So, what exactly are you talking about. ....I suspect you do not know. And I have just wasted 7 minutes of my life.

Python Engineer, tons of experience with servers/databases, backends.

Moderate experience with front ends/javascript etc.


http://www.linkedin.com/in/joelsemar

Working full time, am only available for part time/contract type stuff.

wow, maybe you are jealous? or just a rude child? I can't tell which.

Of course he can! He even used a percentage that doesn't end in 5 or 0!! What more do you need??