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Topic: Bitcoin no longer accepted at largest game retailer (Read 10 times) previous topic - next topic

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Bitcoin no longer accepted at largest game retailer
https://www.techspot.com/news/72195-steam-suspends-bitcoin-support-due-high-fees.html

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to protect itself from volatility, Valve has simply decided to remove Bitcoin as an option during checkout

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When a gamer requests a refund, it left a gray area as to whether they should be refunded the US dollar equivalent of their transaction or if they should just have their Bitcoin returned to them.

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Newer cryptocurrencies such as Bitcoin Cash, Ethereum and Litecoin all offer much lower transaction fees and faster confirmation times than Bitcoin.

Doesnt seem to be affecting the markets though, they continue to soar higher, interesting considering the gaming market to be worth $99.6 billion in 2016 and rising sharply