Reddit.com: First Bitcoin-Tipping-Bot testruns!

[SuperP]

Developer here.

This is actually a very very cool idea. Is this
a reddit product?
a user bot with the blessing of reddit?
an independent bot like anybody could write a bot?

Who are the people behind this bot?

Not a reddit product, just a bot made by a reddit user.

What is their measure in case reddit cancels this?

If reddit cancels this I will probably make a new system for withdrawals only.  

Whom can I slap if the hot wallet password "accidentally" gets too accessible?

 Yourself. Don't deposit more than you're willing to lose at this time.  There is no warranty, insurance, or guarantee of any kind.

Edit: This should just as well work on twitter!?! and if done by the same people, transactions between twitter and reddit could be free.

This was inspired by the twitter version btctip.com.  I've used it and was impressed.  That is run by someone else.

Edit: So for $5 I may get my money back in case the service is terminated?
With my money in my own priv key the service makes a more reliable impression to the whereabouts of my money (no fractional reserve) but it's ultimately less secure (100% hot wallet) and costs fees to send between reddit users.

Not so much if the service is terminated, more like in the event of downtime be it with the bot, blockchain.info, or reddit itself.

[1714078947]

1714078947

[evoorhees]

This system is really badass

I do have a suggestion for people though: when you send BTC tips within Reddit, try not to get all preachy or salesy. The best tactic might be to tip, then if a question is asked like "WTF is this?" One person should answer with a simple, straightforward sentence. Don't start talking about all the great features of Bitcoin, just be cool, and pique their curiosity.

Example:

Q: "WTF is this?"

A: "You were tipped with bitcoin which is a digital currency. The amount you got is worth about $0.50 at current market price."

Done.

[paraipan]

^good advice, I learned that from experience though 

[Akka]

^ I can't even express how important that is.

And I know its hard, but there is no better way to scare away people by being preachy (ever talked to a serious religious person?)

[justusranvier]

Why did Reddit get a Bitcoin-tipping bot before this forum got one?

[Arto]

Why did Reddit get a Bitcoin-tipping bot before this forum got one?

Because someone cared enough to volunteer to implement one, and because (evidently) the technology platform in question provided sufficient mechanisms to accommodate that without requiring an official blessing and/or any administrator effort. In other words, motivation and a low barrier to entry; always a winning combination.

[Arto]

Why did Reddit get a Bitcoin-tipping bot before this forum got one?

Because someone cared enough to volunteer to implement one, and because (evidently) the technology platform in question provided sufficient mechanisms to accommodate that without requiring an official blessing and/or any administrator effort. In other words, motivation and a low barrier to entry; always a winning combination.

plus reddit has an api, and to implement one on here would take a lot of scraping, and alot of work before even getting to the bitcoin part.

Yes, exactly; that's what I meant by the underlying technology platform providing sufficient capabilities to permit ordinary users to innovate in this way.

[phatsphere]

Why did Reddit get a Bitcoin-tipping bot before this forum got one?

reddit is a python based cool open source project hosted on github: https://github.com/reddit/reddit/wiki

SMF (simplemachineforums) is rather lame ex closed source php project, run by a formal organization with a board of directors and proper bylaws and whatnot.

http://www.simplemachines.org/about/opensource.php

[minorman]

@ SuperP

This is uber cool. Thumbs up.
Seriously.

I think that when this makes inroads on non-"bitcoin" subreddits it will could expose 100k+ new potential users to bitcoin.
Best thing in weeks...

[Spekulatius]

@ SuperP

This is uber cool. Thumbs up.
Seriously.

I think that when this makes inroads on non-"bitcoin" subreddits it will could expose 100k+ new potential users to bitcoin.
Best thing in weeks...

+1

Q1: Why cant I send BTC to just ANY address (outside of reddit), if you are using blockchain.info, that should be possible right?

Q2: Can you speed up the bot?

Q3: Is it possible to inflate ones karma with bots or hacks or whatnot? --> Danger to your redeeming function

Q4: Is your script open source?

[SgtSpike]

So, uh, this is going to break BTC wide open to everyone who visits reddit!  We're talking a serious explosion.

That said, I'm betting Reddit outlaws this within a week.

[SuperP]

Q1: Why cant I send BTC to just ANY address (outside of reddit), if you are using blockchain.info, that should be possible right?

Q1: You can.  That's how you get bitcoins out of the system, make a tip to one of your bitcoin addresses.  Here I tipped an address from a youtube video description: http://www.reddit.com/r/Bitcoin/comments/11qwvo/charlie_shrem_bitinstantcom_youtube/c6owofu

Q2: Can you speed up the bot?

Q2: Yes, I'm working on minimizing wait times.

Q3: Is it possible to inflate ones karma with bots or hacks or whatnot? --> Danger to your redeeming function

Q3: The faucet address only keeps a small amount in it, but creating a maximum allowed is a good idea.

Q4: Is your script open source?

Q4: Not right now.  May consider making it open source in the future.

[inbox]

.

[WikileaksDude]

Lets see how its goes.

This idea is epic! Props for the developer.

[WikileaksDude]

So what happens then is that people realize that complaining about PayPal is rewarded financially which then results in more complaining about PayPal. In the /r/PayPal[1] reddit!
BRILLIANT!

EPIC!

Giving some karma to Bitcointip bot <3

[ElectricMucus]

Finally some people get around to doing things with Bitcoin that it is actually suited for.

[allthingsluxury]

If this catches on and is allowed to exist it could draw a lot of new users into bitcoin. Lets hope!

[Duderin0]

This is great, will check it out right now

*heading to reddit*

Make sure you check out/subscribe to: http://www.reddit.com/r/Bitcoin/

[Zangelbert Bingledack]

The reply confirmation shouldn't be posted as a public comment, or else face reddit's collective wrath (and maybe the mods) as people get annoyed with all the extra comments. Best would be to let users put a link to a confirmation screen elsewhere and/or PM both parties. Then people would see that a tip was allegedly given, and they could click the link if there was any doubt.

[bbit]

Dude we need to hit up a IAMA!

That would send this viral!

edit: Like toward a good cause http://www.reddit.com/r/IAmA/comments/11rd5c/iama_18_year_old_girl_who_has_been_working_with/

People could tip her some money toward down syndrome lets say...