Steam Is No Longer Accepting Bitcoin

Posted in r/Buttcoin by u/robojumper • 439 points and 132 comments

From today, the 6 th December 2017, it has been confirmed that Steam will no longer accept Bitcoin as a payment method. This is due to the high fees and volatility that is associated with Bitcoin. In a statement released by Steam, they state; “in the past few months we’ve seen an increase in the volatility in the value of Bitcoin and a significant increase in the fees to process.

7 Dec 2017.

Steam will no longer accept Bitcoin on the store. Valve revealed the change in a blog post, citing volatility of the currency's value and high.

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Chris Giancarlo, who as CFTC chairman decreed that both Bitcoin and Ether were not securities, has argued the same for XRP.

7 Dec 2017.

Popular PC game distribution service Steam will no longer accept Bitcoin as a valid method of payment on its platform, Valve announced on.

If you are quite familiar with bitcoins and cryptocurrencies then you will find most of the merchants avoid taking or accepting cryptocurrencies. Bitcoin pro official website has pointed out that.

6 Dec 2017.

Bitcoin hit a snag on Thursday as the largest online gaming shop in the U.S. and Europe said it will no longer accept the cryptocurrency as a.

STEAM NO LONGER ACCEPTS BITCOIN and CLASSIC FRANCHISE COMING TO PC!r/NotAcceptingBitcoin: A friendly place to post links to businesses that no longer accept bitcoin. Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts

<br /> With Bitcoin this isn't a problem, as once the payment goes through,

It's much more convenient for people to pay with Bitcoin than USD directly,

I came here to buy some games thinking, "if Steam accepts Bitcoin, surely GOG does.

Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.

07/12/2017  · Steam, Valve’s popular digital game distribution platform, is no longer accepting Bitcoin as a form of payment. This news was announced in a blog post that points to Bitcoin’s volatility and high network transaction fees as reasons for this decision (via Gizmodo). “Historically, the value of Bitcoin has been volatile, but the degree of volatility has [.

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Digital assets continue to gain traction in the real world. While it will take some time, it is hard to ignore that more.

This year’s stock market crash came as a massive shock but it is also a fantastic opportunity to build wealth for the future.