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

[Brunic]

+bitcointip reddit.com 1 BTC


(damn! it doesn't work!)

But seriously, this is legendary stuff. Getting this on reddit is huge, it's gonna be awesome! 

[Spekulatius]

http://www.reddit.com/r/Bitcoin/comments/11rp6n/now_that_bitmit_will_close_which_good_shopping/



lol

[paraipan]

lol

Wooot 

[WikileaksDude]

lol

Wooot 

Since when 100BTC ~120$?

[evoorhees]

Wow apparently a security flaw has now been found in Bitcoin after all... transactions can't be reversed or "pulled" unless you do it through a Reddit comment Zero day!

[zoinky]

How are you communicating with Blockchain.info? And since you are is scalability going to be an issue?

Like the idea though, was browsing around reddit and started seeing it places, was just like "bout time someone did this".

[SuperP]

http://www.reddit.com/r/Bitcoin/comments/11rp6n/now_that_bitmit_will_close_which_good_shopping/



lol

I was watching the bot evaluate comments and when that came up I panicked for a second.

How are you communicating with Blockchain.info? And since you are is scalability going to be an issue?

I'm using the Bitcoind compatible JSON rpc.  Yes scalability will be an issue.  I'm unable to archive or label addresses at the moment, so the bot is down until I figure out why the wallet isn't saving.  Also, reddit only allows requests every 2 seconds.  With 1000 users, that's over 30 minutes to go through everyone's comments.  I'm looking into ways to make that more efficient.

[Raoul Duke]

http://i49.tinypic.com/i4r8lh.png
http://i49.tinypic.com/302a1cp.png

lol

Wooot 

Since when 100BTC ~120$?

I dunno, but I'll buy 50.000 at that price

[wachtwoord]

I don't have that much liquid, so you'll have to give me a couple of days. Especially because I would want to buy heavily leveraged.

[kokojie]

The title is highly misleading, reddit.com is not testing any bitcoin bot, the bitcoin bot is run by a reddit user.

[giszmo]

The title is highly misleading, reddit.com is not testing any bitcoin bot, the bitcoin bot is run by a reddit user.

And a missleading title like that screams SCAM to me. Also the comments about no security at all sounds like someone planning to walk away with all the Ƀ put into this service some day with a lame excuse.

[ElectricMucus]

The title is highly misleading, reddit.com is not testing any bitcoin bot, the bitcoin bot is run by a reddit user.

oh wow, that's disappointing.

Another big SNAFU for Bitcoin...

[Spekulatius]

The title is highly misleading, reddit.com is not testing any bitcoin bot, the bitcoin bot is run by a reddit user.

Ok, thx for the input. I fixed it, also added a disclaimer to the OP.

@ security issue: This bot is still highly experimtental, so like SuperP has done in the past I repeat for everyone reading this, to give it a try but not to put anymore then SMALL amounts of BTC in it! Nevertheless SuperP is well aware of the potential insecure nature of this script. He has taken the service offline for the moment to do some more check ups on it (as I read him). I expect him to make it available for the reddit crowd as soon as he feels comfortable with it and hope everybody supports him.

@ SuperP: I believe with so much support already, people around this forum would love to contribute some time to your project. Have you considered to release to code for people to check?

Cheers,
Spekulatius

[SuperP]

Well I feel silly...  Somehow I missed that blockchain.info wallets have a limit of 400 addresses.  At the rate the bot was growing, it's going to need a lot more than that.  I'm now looking to buy VPS hosting for a dedicated bitcoind server.  I was using the bitcoind JSON RPC API, so it will be trivial to move to another bitcoind server.

Does anyone have suggestions?  I'm wondering about http://bitvps.com/.  Do they still offer a VPS with a pre-installed and synced bitcoind?  The website seems to be down for updates so I'm not sure if this is what I want.

@Spekulatius yes I'm planning to release the code before it's out of beta.

[Technomage]

One good option is http://www.cinfu.com/ - it's cheap, works well afaik and accepts Bitcoin.

[Spekulatius]

@Spekulatius yes I'm planning to release the code before it's out of beta.

You may wanna release it before 30st of October to enter the competition for "Bitcoin Project of the Month: November" or any other month basically. Requirement is that it is open source by then.

[jimbobway]

Well I feel silly...  Somehow I missed that blockchain.info wallets have a limit of 400 addresses.  At the rate the bot was growing, it's going to need a lot more than that.  I'm now looking to buy VPS hosting for a dedicated bitcoind server.  I was using the bitcoind JSON RPC API, so it will be trivial to move to another bitcoind server.

Does anyone have suggestions?  I'm wondering about http://bitvps.com/.  Do they still offer a VPS with a pre-installed and synced bitcoind?  The website seems to be down for updates so I'm not sure if this is what I want.

I am very worried that bitcoind is hosted on a virtual private server managed by another company...

[phatsphere]

Well I feel silly...  Somehow I missed that blockchain.info wallets have a limit of 400 addresses.

dumb question: can you create more than one account? i guess so, could even be scripted via selenium!
but it's probably breaking the TOS, maybe ask them via email.

[SuperP]

I am very worried that bitcoind is hosted on a virtual private server managed by another company...

I'm wary of this as well, which is one of the reasons I'm hesitant to ever make a guarantee to users unless I have insurance for all the funds.  Maybe BitVPS.com can convince us otherwise?

dumb question: can you create more than one account? i guess so, could even be scripted via selenium!
but it's probably breaking the TOS, maybe ask them via email.

Technically possible, but that would require going through users in the order of which wallet they were associated with and more delays for unlocking/locking each wallet when switching.  I was able to get an api key to bypass the request limiter for things like getting a balance, but the wallet I'm using now might be too big at ~300 users and can't save any changes I make.  Asked about it in the blockchain.info thread: https://bitcointalk.org/index.php?topic=40264.msg1285913#msg1285913

[jimbobway]

I am very worried that bitcoind is hosted on a virtual private server managed by another company...

I'm wary of this as well, which is one of the reasons I'm hesitant to ever make a guarantee to users unless I have insurance for all the funds.  Maybe BitVPS.com can convince us otherwise?

If this takes off you will be managing a lot of bitcoins.  Maybe you need to host it yourself which will take more security work but it might be worth it.