Bitcoin Forum

Bitcoin => Development & Technical Discussion => Topic started by: ZuonKing on July 25, 2013, 12:42:55 PM



Title: Android app idea: Buy Bitcoin as in-app purchase
Post by: ZuonKing on July 25, 2013, 12:42:55 PM
I'm searching for an android app for Bitcoin (a bitcoin wallet?) with the ability to buy Bitcoin as in-app purchase using the Google Play credit.

This forum is full of genial programmers thus if a similar app don't exist I'm sure there is a reason.

Do you know something about this?

Thank you

Zuon King


Title: Re: Android app idea: Buy Bitcoin as in-app purchase
Post by: Mike Hearn on July 25, 2013, 12:58:45 PM
Couple of problems:

1) 30% overhead!

2) The transactions are often backed by credit cards, so there is a long list of things that aren't allowed. See the last one:

https://support.google.com/payments/answer/75724

It may be that you could do it for a while, but it's unclear that it'd be sustainable.


Title: Re: Android app idea: Buy Bitcoin as in-app purchase
Post by: super3 on July 26, 2013, 08:11:20 PM
Couple of problems:

1) 30% overhead!

2) The transactions are often backed by credit cards, so there is a long list of things that aren't allowed. See the last one:

https://support.google.com/payments/answer/75724

It may be that you could do it for a while, but it's unclear that it'd be sustainable.
Agreed. 30% + Exchange Fees + Your Profit = 35%-40% above exchange rates. Even if it got accepted into the store your app would get shut down quickly.


Title: Re: Android app idea: Buy Bitcoin as in-app purchase
Post by: btcusr on July 29, 2013, 02:53:51 AM
Gliph.

Secured messages and secure Bitcoin payment (coinbase-based).

Available for android and iPhone.


Title: Re: Android app idea: Buy Bitcoin as in-app purchase
Post by: peapodamus on July 29, 2013, 06:49:02 PM
As said before, the %30 overhead and the rules concerning currency exchange kill this idea.