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Author Topic: Valve is about to accept bitcoin as their payment system  (Read 1165 times)
teddy5145 (OP)
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February 14, 2016, 05:27:37 AM
 #1

So i was reading some news when this news catches my attention
http://www.wired.co.uk/news/archive/2016-02/09/valve-accept-bitcoin-steam
What do you guys think of it ?
Funny how valve says they are never going to accept bitcoin in 2014 Tongue
And it looks like they are using bitpay to mediate the transactions between them and customer

tl;dr
Some guy at reddt managed to find a hidden code during steam lunar new year sales
Here's the code to it
http://m.imgur.com/l9LvEJM
betterangels
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February 14, 2016, 05:37:37 AM
 #2

That's a good new for btc world, maybe steam sales will increase.... or maybe not.

There's sites like kinguin.. accepting btc since months ago...

Steam said "no" to btc... and now it's retracting? isn't "professional".
imo.

They are smelling "fiat".
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February 14, 2016, 06:24:15 AM
 #3

Wargaming opened the season. Then there s news about Steam doing the same. Now Valve. Good stuff, good stuff.

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February 14, 2016, 06:32:00 AM
 #4

Wargaming opened the season. Then there s news about Steam doing the same. Now Valve. Good stuff, good stuff.

I'm pretty sure Steam and Valve will start to accept bitcoins exactly at the same time. Wink
Yakamoto
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February 14, 2016, 06:32:17 AM
 #5

I think there is the potential for Valve to start accepting Bitcoin, but we can't be sure yet. The screencapped code is definitely quite a bit more solid evidence that they could be moving towards Bitcoin as an alternate payment system, but I want to see an announcement from Valve before I get too excited with this news.
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February 14, 2016, 07:07:19 AM
 #6

Funny how valve says they are never going to accept bitcoin in 2014 Tongue

They don't really "accept" bitcoin, because they will ask bitpay to exchange all bitcoin to fiat automatically.
They just want more users to spend their money on their service, that's all.

But i heard, it's only available for US customer (for now)

well, it is at least another way for us, bitcoin users, to spend out bitcoins. and also more importantly for new people to recognize bitcoin and maybe expand bitcoin to new users.

p.s. they never said "never". they always were so cheeky about answering to these requests to add bitcoin payment and said it is not possible at the moment or something like this.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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February 14, 2016, 07:09:09 AM
 #7

It's more likely that back in the days, they thought, they covered all needed payment systems and won't be needing anything further and so they didn't take BTCitcoin seriously at that time and after seeing even with many available payment options, they still haven't covered some users due to their location and inability to buy their games so perhaps this is their way of covering these kind of users.

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nicklovesBTC
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February 14, 2016, 07:10:24 AM
 #8

So i was reading some news when this news catches my attention
http://www.wired.co.uk/news/archive/2016-02/09/valve-accept-bitcoin-steam
What do you guys think of it ?
Funny how valve says they are never going to accept bitcoin in 2014 Tongue
And it looks like they are using bitpay to mediate the transactions between them and customer

tl;dr
Some guy at reddt managed to find a hidden code during steam lunar new year sales
Here's the code to it
http://m.imgur.com/l9LvEJM

Thats ironic because I was just trying to make a steam purchase yesterday with btc but couldn't and had to make the risky trade for *shivers* paypal
PakistanHockeyfan
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February 14, 2016, 07:15:45 AM
 #9

It's not a big deal to me. There's tons of people accepting it nowadays.
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February 14, 2016, 07:29:21 AM
 #10

It's not a big deal to me. There's tons of people accepting it nowadays.

It is a big deal, if you take sales figures into consideration : " Half-Life, the debut effort released by the PC-oriented Seattle-area studio a decade ago last month, put Valve on the map and remains its highest seller to date with 9.3 million units sold at retail, according to statistics released alongside a profile in the November 2008 issue of Game Informer magazine. Gearbox Studios' expansion packs Half-Life: Opposing Force and Half-Life: Blue Shift sold 1.1 million and 800,000 units respectively."

Just imagine all of these games were paid for with bitcoins... could you imagine if other platforms came onboard with BitPay and did the same? We are

talking huge numbers here, when the gaming industry adopts Bitcoin. Let's give BitPay some credit people...  Grin

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teddy5145 (OP)
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February 14, 2016, 07:50:18 AM
 #11

It's not a big deal to me. There's tons of people accepting it nowadays.

It is a big deal, if you take sales figures into consideration : " Half-Life, the debut effort released by the PC-oriented Seattle-area studio a decade ago last month, put Valve on the map and remains its highest seller to date with 9.3 million units sold at retail, according to statistics released alongside a profile in the November 2008 issue of Game Informer magazine. Gearbox Studios' expansion packs Half-Life: Opposing Force and Half-Life: Blue Shift sold 1.1 million and 800,000 units respectively."

Just imagine all of these games were paid for with bitcoins... could you imagine if other platforms came onboard with BitPay and did the same? We are

talking huge numbers here, when the gaming industry adopts Bitcoin. Let's give BitPay some credit people...  Grin

Well we can give Bitpay a credit by buying a legal game through steam with bitcoin once it comes out Tongue
Remember that bitpay took 1% out of the total item we bought Grin
And thanks to valve it is possible to introduce bitcoin to the gamers around the world easily Wink
Applause to valve too Smiley
Though i think it will take time before bitcoin can be implemented

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February 14, 2016, 08:24:11 AM
 #12

it was the same news about steam, they are accepting bitcoin yes, but usually on other vendors i'm able to find at cheaper rate their game(penguin and g2a), so i don't think i'll buy from steam anyway
talkbitcoin
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February 14, 2016, 08:30:35 AM
 #13

i might be mistaken but i always thought valve and steam are the same thing! isn't it like steam is for valve or valve is for steam?

anyways it is a great news for games all over the world who use bitcoin.

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February 14, 2016, 08:33:30 AM
 #14

It's nice to see that as many stores accept Bitcoin. Hopefully that will add Bitcoin quickly.
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February 14, 2016, 08:35:58 AM
 #15

Good news that one of the biggest game development company is going to accept Bitcoin. Well, I doubt that many people will use them as we already have services such as Key4co.in. I actually bought CS:GO from Key4co.in a few weeks back - before Lunar New Year promotion at Steam -  at around 50% of it original value.

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February 14, 2016, 02:03:04 PM
 #16

It's not a big deal to me. There's tons of people accepting it nowadays.

not a big deal? not a big deal ? this is steam the biggest pc gaming platform in the world! ofc its a big deal , its even a fucking huge deal! they are one of the biggest pc gaming selling platforms in the world if not the biggest , it have over 100 million players online every month its freaking huge if this is true.
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February 14, 2016, 02:05:28 PM
 #17

So i was reading some news when this news catches my attention
http://www.wired.co.uk/news/archive/2016-02/09/valve-accept-bitcoin-steam
What do you guys think of it ?
Funny how valve says they are never going to accept bitcoin in 2014 Tongue
And it looks like they are using bitpay to mediate the transactions between them and customer

i think itll be really beneficial for the bitcoin currency, if steam started accepting bitcoins as a payment. tons of people would start making wallets and getting btc to use it on steam. and ofcourse itll bring more traffic to valve so its a win-win  Cheesy.
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February 14, 2016, 02:08:11 PM
 #18

Good news that one of the biggest game development company is going to accept Bitcoin. Well, I doubt that many people will use them as we already have services such as Key4co.in. I actually bought CS:GO from Key4co.in a few weeks back - before Lunar New Year promotion at Steam -  at around 50% of it original value.

yeah, the discounts that these websites offer are awesome for buying games that you always wanted but was  a little bit expensive. maybe it is just me and my paranoid personality but I could never trust them to buy anything from them. and bitcoin makes it hard to trust them too because of the anonymity and irreversible transactions.

Only Bitcoin
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February 14, 2016, 02:26:36 PM
 #19

so, after steam,valve, and any other big company starting to accepting bitcoin in this year,can we decide that 2016 is the real "year of bitcoin"?
i'd say yes

Why? It's looking pretty divisive and sluggish to me so far. There've been far, far better years in terms of companies accepting it. Even then they haven't exactly been gushing about the differences it's made to their business.
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February 14, 2016, 02:40:27 PM
 #20

It's not a big deal to me. There's tons of people accepting it nowadays.
It is a big deal because a big and famous company is trying to accept bitcoin which is more than just good for bitcoin.

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