Bitcoin Forum
May 13, 2024, 12:03:36 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Help wanted for New BTC exchange site  (Read 1031 times)
Matthew N. Wright (OP)
Untrustworthy
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


Hero VIP ultra official trusted super staff puppet


View Profile
July 03, 2011, 06:34:46 PM
Last edit: March 30, 2013, 12:33:58 PM by Matthew N. Wright
 #1


Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715558616
Hero Member
*
Offline Offline

Posts: 1715558616

View Profile Personal Message (Offline)

Ignore
1715558616
Reply with quote  #2

1715558616
Report to moderator
1715558616
Hero Member
*
Offline Offline

Posts: 1715558616

View Profile Personal Message (Offline)

Ignore
1715558616
Reply with quote  #2

1715558616
Report to moderator
1715558616
Hero Member
*
Offline Offline

Posts: 1715558616

View Profile Personal Message (Offline)

Ignore
1715558616
Reply with quote  #2

1715558616
Report to moderator
kjj
Legendary
*
Offline Offline

Activity: 1302
Merit: 1025



View Profile
July 03, 2011, 07:55:11 PM
 #2

The bitcoin interface will be easy.  It is the currency APIs that will be difficult.

17Np17BSrpnHCZ2pgtiMNnhjnsWJ2TMqq8
I routinely ignore posters with paid advertising in their sigs.  You should too.
kjj
Legendary
*
Offline Offline

Activity: 1302
Merit: 1025



View Profile
July 03, 2011, 08:54:56 PM
 #3

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.

17Np17BSrpnHCZ2pgtiMNnhjnsWJ2TMqq8
I routinely ignore posters with paid advertising in their sigs.  You should too.
saykor
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


View Profile WWW
July 03, 2011, 09:02:23 PM
 #4

is there any reason it couldn't be automatic?

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

Let's color the MOON: YP4ZV8yabKGBKG2uNWHQBwrdURkyxqst4D
Before to do business with me you can check my  BitcoinFeedback; ebay and .net developer profile
Meni Rosenfeld
Donator
Legendary
*
expert
Offline Offline

Activity: 2058
Merit: 1054



View Profile WWW
July 05, 2011, 07:24:34 PM
 #5

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.

1EofoZNBhWQ3kxfKnvWkhtMns4AivZArhr   |   Who am I?   |   bitcoin-otc WoT
Bitcoil - Exchange bitcoins for ILS (thread)   |   Israel Bitcoin community homepage (thread)
Analysis of Bitcoin Pooled Mining Reward Systems (thread, summary)  |   PureMining - Infinite-term, deterministic mining bond
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!