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Topic: [ANN] Coinapult SMS wallet - no internet required (Read 4968 times)

hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
If you do consider it, you might want to use BTCTip as an example of how to implement it:

 - https://bitcointalksearch.org/topic/announce-btctipcom-send-bitcoins-with-a-tweet-68320

I've decided not to support this. Since the average transaction costs me about $0.05 in fees, I don't want to encourage people to send micro transactions. No sense paying more in fees than they are sending.

If and when the value of btc surges, alternative units can be considered - the way it is now, btc is fine.
sr. member
Activity: 240
Merit: 250
Don't mind me.
Might want to see if you can start a Google Voice bot, and let the big G eat the cost for you. Google already knows everything ever, so security can't be that big an issue. If GV doesn't play nice with scripts, forward requests to an If This, Then That number, start a dropbox for text file dumps, then parse and send from that?
sr. member
Activity: 316
Merit: 250
When choosing "bitcoin to e-mail" method in BitInstant to use Coinapult for exchange, it then asks for a PIN code.

I know for Coinapult e-mail a PIN code is required to use the URL link to claim the bitcoins.  Is that the case with SMS / text messaging as well?  I would think it could just drop right into the SMS wallet, since those bitcoins can only be withdrawn after acknowledging the challenge message.

Indeed it can and will be dropped into the SMS wallet. This will be an available setting in the upcoming account system. This account system will also add increased security to normal email transactions, as any address associated with an account will only be sent a notification that funds are available in their account. The email will provide no access to the funds.

Thanks for adding us to the wiki, btw!
legendary
Activity: 2506
Merit: 1010
legendary
Activity: 2506
Merit: 1010
When choosing "bitcoin to e-mail" method in BitInstant to use Coinapult for exchange, it then asks for a PIN code.

I know for Coinapult e-mail a PIN code is required to use the URL link to claim the bitcoins.  Is that the case with SMS / text messaging as well?  I would think it could just drop right into the SMS wallet, since those bitcoins can only be withdrawn after acknowledging the challenge message.
legendary
Activity: 1264
Merit: 1008
Great work!  Very important step for BTC here Smiley 
legendary
Activity: 938
Merit: 1000
What's a GPU?
Awesome addition Cheesy
sr. member
Activity: 316
Merit: 250
Since this service costs you about $0.05 per transaction to process,  what are your long term plans on how to make money with the coinapult/SMS wallet in order for this great service to last?

Free is nice,  but ultimately it must pay for itself.

I haven't quite decided. Been looking around for cheaper carriers, but haven't found any. The main problem is that buying text messages in bulk is more like buying half a million than a few thousand. To reduce costs, we'd have to scale WAY up.

So, the two main options are:

1. Charge a small fee for each SMS transaction
2. Continue to allow the API fees to fund Coinapult, while keeping all personal transactions free.

I'm partial to #2, though wondering whether it is fair.
vip
Activity: 1052
Merit: 1155
Since this service costs you about $0.05 per transaction to process,  what are your long term plans on how to make money with the coinapult/SMS wallet in order for this great service to last?

Free is nice,  but ultimately it must pay for itself.
legendary
Activity: 924
Merit: 1004
Firstbits: 1pirata
Could you please change the text color of the answers on the faq page ? I need to select the text in order to read the text without effort. Thanks

Done, and much happier with the new color.

Also, made it easier for the API to support SMS payloads. I talked to the BitInstant guys to see when they'd have a cash to mobile option, and we don't see any barriers. They've got a lot going on right now, though, so it may be a bit.

Great, is better now   Smiley
sr. member
Activity: 316
Merit: 250
Could you please change the text color of the answers on the faq page ? I need to select the text in order to read the text without effort. Thanks

Done, and much happier with the new color.

Also, made it easier for the API to support SMS payloads. I talked to the BitInstant guys to see when they'd have a cash to mobile option, and we don't see any barriers. They've got a lot going on right now, though, so it may be a bit.
newbie
Activity: 26
Merit: 0
You can now use your cell phone to control your Coinapult funds. This is accomplished through simple SMS commands sent to the Coinapult phone number: (603)509-2102

Basic commands are:

Quote
help me - prints available commands
send (person) (amount) - Sends (amount) to (person). (person) can be a phone number, email or btc address.
bal - Returns your Bitcoin balance.
txs - Returns a list of your last 5 transactions.
addr - Returns a new Bitcoin address for you to receive at.
yes (code) - Confirm a send request

All Bitcoin sent to your phone number is accessible through these commands by default. Each time you receive funds, it will still give you the recovery URL, if you prefer to use the website. In the future, I'll allow site accounts to be created, and users will be able to combine multiple email addresses and phones into one account.

So, I've played around with this enough to be confident that it works well. I'd like feedback, though. I will send 0.2btc to the first 5 people who PM me their cell phone number. Please just leave your thoughts in this thread.

Currently only U.S. and Canadian numbers are supported.

[EDIT] All funds are sent. [/EDIT]

Just great idea, keep on good work and good luck!
sr. member
Activity: 316
Merit: 250
My first attempt at sending money did not work. I actually waited a few hours to see if my friend would eventually ever get a message on his phone. Only then did I realize that the return message showed my balance unchanged. I suffered from the same lack of + problem that someone else mentioned.

Subsequent uses have been flawless though.

Thanks for your contributions to the "Help LightRider Get A Copy Of Bitcoin Magazine" fund though!

Fixed this. I just got my copy yesterday. It was well worth it!
legendary
Activity: 1500
Merit: 1021
I advocate the Zeitgeist Movement & Venus Project.
My first attempt at sending money did not work. I actually waited a few hours to see if my friend would eventually ever get a message on his phone. Only then did I realize that the return message showed my balance unchanged. I suffered from the same lack of + problem that someone else mentioned.

Subsequent uses have been flawless though.

Thanks for your contributions to the "Help LightRider Get A Copy Of Bitcoin Magazine" fund though!
sr. member
Activity: 316
Merit: 250
Tried this with my mobile wallet. It just works!
And, now I am mobile x 2  Grin


Jan, I did most of the testing by sending in between my BitcoinSpinner wallet and Coinapult. Love your wallet!

Will there soon be an option to send BitInstant deposits to a phone number as well as email?

This already works, but I'm not sure if BitInstant explains it on their site. I'll talk to them about it, and get back to you. Smiley
donator
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
Will there soon be an option to send BitInstant deposits to a phone number as well as email?
Jan
legendary
Activity: 1043
Merit: 1002
Tried this with my mobile wallet. It just works!
And, now I am mobile x 2  Grin
sr. member
Activity: 316
Merit: 250
If you do consider it, you might want to use BTCTip as an example of how to implement it:

 - https://bitcointalksearch.org/topic/announce-btctipcom-send-bitcoins-with-a-tweet-68320

I've decided not to support this. Since the average transaction costs me about $0.05 in fees, I don't want to encourage people to send micro transactions. No sense paying more in fees than they are sending.
sr. member
Activity: 316
Merit: 250
  • I sent some BTC to my email address
  • I clicked on the link in the email
  • I attempted to send coins to my phone
  • Blank page. Checked the source, no data was sent.
So I sent the coins to my GLBSE deposit address instead. From the main page (not from the email link) I sent coins to my phone and it worked fine.

I tracked this bug down and fixed it. Thanks for the report!
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