Steam Drops Bitcoin As Payment Option

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Interesting in "Gamers, Universal" ⭐ Super-high service fees and wild fluctuations in value have made the cryptocurrency ‘untenable.’ Less than two years after adopting Bitcoin as a payment

Valve Drops Bitcoin As Payment Method On Steam Citing High Fees And Volatility Valve’s love affair with Bitcoin is going through a rough patch even though the.

Did you know that the future of the gaming industry is in cryptocurrencies?.

that show why it's been a fantastic payment option in the global gaming industry.

Twitch, and Steam began using Bitcoin cash and Bitcoin for in-game payments and other.

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06/12/2017  · "At this point, it has become untenable to support Bitcoin as a payment option. We may re-evaluate whether Bitcoin makes sense for us and for the Steam.

The popular online gaming platform Steam is dropping its bitcoin payments option more than a year after it first began accepting the cryptocurrency. Steam Drops Bitcoin Payments Citing High Fees.

6 Dec 2017.

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hard — Valve cited a 25 percent drop "over a period of days" as an example.

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Steam Drop Bitcoin as Payment OptionBitcoin is a digital or virtual currency created in 2009 that uses peer-to-peer.

bitcoins by just adding this payment option to the others it offers credit cards, PayPal,

of bitcoins fell by 61% in a single day in 2013, while the one-day price drop.

Although it’s hard to narrow it down to the best games on Steam, there’s certainly something for everyone on this list.

7 Dec 2017.

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transaction fees associated with Bitcoin, Valve is no longer accepting the cryptocurrency as a payment method for purchases made on Steam.

Valve drops Bitcoin as a Steam payment option. Published 2 years ago . PC Gamer via pcgamer.com. The decision to eliminate the option comes as a result of both the extremely high transaction fees charged by Bitcoin, and recent, also-extremely-high levels of instability in its value. "In the past few months we’ve seen an increase in the volatility in the value of Bitcoin and a significant.

7 Dec 2017.

In a blog post the Steam Team reasoned that Bitcoin was far too volatile for payments, and transaction fees are prohibitive for low value.