You can now tip Bitcoin to other users across Reddit using a cool new hack

You can now tip Bitcoin to other users across Reddit using a cool new hack

Remember Bitcoin? The currency has fallen from the public eye in the past month, following sharp gyrations in value that saw its dollar-price fall below $100 per; the currency is currently valued at $128.34 per coin.

Among its fans and believers, the good ship Bitcoin sails on. To that end, folks over at Reddit have experimented and created a new way to tip Bitcoin to other users of the social website. Reddit recently introduced a system by which users can ‘mention’ other users; that capability opened the door for users of /r/Bitcoin to create a bot that allows for tipping.

Another conference. “Great.”

This one’s different, trust us. Our new event for New York is focused on quality, not quantity.

The tipping service is now open to all Reddit subreddits, and all users, making it a site-wide experience. Details on how to get yourself up and running can be found here. In practice, the tipping is quite simple:

To tip the parent comment/post one dollar:

+/u/bitcointip $1

To tip user Bob .5 BTC:

+/u/bitcointip @Bob .5 BTC

It’s a simple, neat method to reward other users for behaving in a way that you approve of. The obvious analog to this new – albeit user-generated – capability is Reddit’s official system by which users can give each other ‘Gold,’ the service’s premium user experience that costs a few dollars.

Among Bitcoin’s fans, I expect this feature to pick up traction. However, those same Bitcoiners see more than an intra-use for the tool. As Reddit user j2510 said: “This is huge. This will do wonders to raise awareness and curiosity throughout reddit and the internet community.” Perhaps. It certainly won’t hurt.

If you want to dig a bit more deeply, /r/BitcoinTip is the place to go.

Top Image Credit: Liza

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