Wooot 

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!

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




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.

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.

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.

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

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

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?


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://bt.irlbtc.com/view/40264.msg1285913#msg1285913