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Author Topic: Android app idea: Buy Bitcoin as in-app purchase  (Read 4598 times)
ZuonKing (OP)
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July 25, 2013, 12:42:55 PM
 #1

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
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Mike Hearn
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July 25, 2013, 12:58:45 PM
 #2

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.
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July 26, 2013, 08:11:20 PM
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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.

Bitcoin Dev / Storj - Decentralized Cloud Storage. Winner of Texas Bitcoin Conference Hackathon 2014. / Peercoin Web Lead / Primecoin Web Lead / Armory Guide Author / "Am I the only one that trusts Dogecoin more than the Federal Reserve?"
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July 29, 2013, 02:53:51 AM
 #4

Gliph.

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

Available for android and iPhone.

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July 29, 2013, 06:49:02 PM
 #5

As said before, the %30 overhead and the rules concerning currency exchange kill this idea.
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