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Steam To Stop Supporting Bitcoin Transactions

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  • Steam To Stop Supporting Bitcoin Transactions

    Phoronix: Steam To Stop Supporting Bitcoin Transactions

    Valve has decided to stop supporting Bitcoin for settling transactions on Steam...

    http://www.phoronix.com/scan.php?pag...-Stops-Bitcoin

  • #2
    This is worrying for me since it was the only anonymous/pseudonymous way to pay for games... (until they decide to support a different coin, which would be great)
    Last edited by tildearrow; 12-06-2017, 03:30 PM.

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    • #3
      Don't know if this is good decision or bad but I believe they have reason for this.

      Anyway in my country Bitcoin is now on "black list" created by KNF (financial supervision committee) and NBP (national bank) warning from Bitcoin - because they think, we can't and we shouldn't trust bitcoin.

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      • #4
        The state of Bitcoin makes me nervous for the world markets. Fight me if you disagree!

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        • #5
          Right-o! At the moment we're close to $10 for a transaction. That's just ridiculous for a currency which was meant to be a replacement for money.

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          • #6
            First HB, now Valve. Not a good development. This reduces the value of Bitcoin as a currency. It's only as a good, as someone is willing to accept it as payment.

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            • #7
              Originally posted by birdie View Post
              At the moment we're close to $10 for a transaction.
              Wallet to wallet transactions shouldn't cost anything. Or do you mean energy consumption for mining?

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              • #8
                Is there anybody who can explain me about ; what're they diggin?.
                ‚Äč
                Is this legal , are they helping cracking some encrypted data or something like that?

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                • #9
                  Originally posted by birdie View Post
                  Right-o! At the moment we're close to $10 for a transaction.
                  Care to explain?

                  From article:
                  This decision was due to the increased volatility of Bitcoin recently as well as increased transaction fees
                  By whom? By how much?

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                  • #10
                    Originally posted by Leopard View Post
                    Is there anybody who can explain me about ; what're they diggin?.
                    https://en.wikipedia.org/wiki/Bitcoin#Mining

                    See also: https://en.wikipedia.org/wiki/Proof-of-work_system

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