Friday, May 13, 2011

Bitcoin-otc quickstart guide

Here's how to get quickly up and trading on bitcoin-otc on Ubuntu.

1) First off, connect to the IRC channel here. Choose a username.

2) Start a private chat with the gribble bot, in the IRC window, so you don't flood the channel messing about. All future IRC commands are to be entered into this private chat with gribble.

/msg gribble ;;help

3) Generate a gpg key (if you don't already have one). See here for details. At a command prompt, type:

gpg --gen-key

4) Publish your key.

gpg --list-keys --keyid-format long

Look for something like:

pub 4096R/46ED38A2A668A578 2011-02-18

Take the 16 digits following the slash, that's the KeyID. Now push:

gpg --send-keys --keyserver pgp.surfnet.nl 46ED38A2A668A578
gpg --send-keys --keyserver pgp.mit.edu 46ED38A2A668A578


5) Register with gribble, back in the IRC chat window with gribble:

;;gpg eregister Nick KeyID

After registering, use eauth to authenticate


;;gpg eauth BobJones


6) Gribble will spit back a http:// url. Copy that and run:

wget -O - http://bitcoin-otc.com/otps/46ED38A2A668A578 | gpg --decrypt

7) Now take the output and verify with gribble:

;;gpg everify freenode:#bitcoin-otc:6132ffd1c3c4468e40303d844f3e30661bc34617054f7cc5e3fa03c8b41c376e


You should now be authenticated! Happy trading! Some useful gribble commands:

See the current exchange rate:

;;bc,mtgox

See orders for canadian dollars:

;;book cad

Privately message someone online:

/msg BobJones

Leave a message for someone offline:

;;later tell BobJones Hey there big guy!

1 comment:

  1. Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into the public ledger. Called mining, individuals or companies engage in this activity in exchange for transaction fees and newly created bitcoins.

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