06 Dec '17, 6pm

Valve drops Bitcoin as a Steam payment option

Cryptocurrency strikes again The price of Bitcoin is currently soaring. When the same happened with Ethereum earlier this year, it led to soaring graphics card prices, as miners bought up all the hardware they could find. Bitcoin's price flux could mean graphics cards are about to get scarce again . Less than two years after adopting Bitcoin as a payment option on Steam, Valve has announced that it is dropping support for the virtual currency . 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 increase in the fees to process transactions on the Bitcoin network. For example, transaction fees that are charged to the customer by the Bit...

Full article: http://www.pcgamer.com/valve-drops-bitcoin-as-a-steam-pay...

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Valve dumps Bitcoin as payment method on Steam

Valve dumps Bitcoin as payment method on Steam

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Steam no longer accepting Bitcoin as payment, because it's too volatile

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steamcommunity.com 06 Dec '17, 5pm

As of today, Steam will no longer support Bitcoin as a payment method on our platform due to high fees and volatility in t...

Steam no longer accepting bitcoin due to "high fees and volatility"

Steam no longer accepting bitcoin due to "high ...

theverge.com 06 Dec '17, 9pm

Steam is no longer accepting bitcoin as a payment method, game company and distributor Valve announced today. The company ...

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Bitcoin fees are skyrocketing

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