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Author Topic: Price increase because of steam ?  (Read 3415 times)
OmegaStarScream (OP)
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April 28, 2016, 06:20:26 AM
 #21

It decreased by like 25$ since I made this topic , I withdraw what I said ... It's probably not because of steam but it's definitely some manipulation from exchange or big holders.

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April 28, 2016, 06:23:09 AM
 #22

The price increase was because of the halving hype. Now BTC->STEAM->$ is choking it.


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April 28, 2016, 06:34:23 AM
Last edit: April 28, 2016, 10:22:58 AM by Amph
 #23

it's again under 450, nothing happened, was just someone buying because of those good news, in the hope that he would instigate a panic buying, but it did not happened
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April 28, 2016, 06:46:24 AM
 #24

It decreased by like 25$ since I made this topic , I withdraw what I said ... It's probably not because of steam but it's definitely some manipulation from exchange or big holders.

ye take it back. someone just dump thier btc.

its good that they now use btc on steam though. I do play online games from time to time and so I should be able to spread the word to my fellow gamers.
I probably can let my friends register on coinbase under my ref link lol
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April 28, 2016, 06:53:18 AM
 #25

it's again under 450, nothing happen, was just someone buying because of those good news, in the hope that he would instigate a panic buying, but it did not happened

and it seems we are going back stabilized at a price of $430, just waiting for the price increase when approached halving.

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April 28, 2016, 07:22:51 AM
 #26

I too believe the Steam announcement made a hype and many players were exposed to bitcoins and started using them.Yes, Steam did quite a bump on the price of bitcoin but I don't think it is the only reason why the value increased.
As many users said, the halving is also highly affecting the price of bitcoin.
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April 28, 2016, 07:16:56 PM
Last edit: April 28, 2016, 07:54:55 PM by The Arcitect
 #27

Too much movement today to make a marker of this.
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April 28, 2016, 07:28:06 PM
 #28

3 things, seg wit, steam and halving, are doing something to increase the hype, they are generating a small hype and thus this will be reflected into the price

steam alone won't do much, because buing videogame with btc is not something entirely new...

that is true. Steam is the mass adoption. This will increase the price fundamentally. SegWit will increase the block size.

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May 08, 2016, 09:01:34 PM
 #29

The bitcoin price is just trading in a small range from $440 to $470. There is no news to drive it either way.


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May 08, 2016, 09:22:11 PM
 #30

3 things, seg wit, steam and halving, are doing something to increase the hype, they are generating a small hype and thus this will be reflected into the price

steam alone won't do much, because buing videogame with btc is not something entirely new...

that is true. Steam is the mass adoption. This will increase the price fundamentally. SegWit will increase the block size.

Steam will only make Bitcoin a bit more popular between gamers and that's it. It will not impact the price in any way. In order to get the price to increase on a large scale we need high level wealthy investors and not gamers.
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May 12, 2016, 03:28:55 PM
 #31

3 things, seg wit, steam and halving, are doing something to increase the hype, they are generating a small hype and thus this will be reflected into the price

steam alone won't do much, because buing videogame with btc is not something entirely new...

that is true. Steam is the mass adoption. This will increase the price fundamentally. SegWit will increase the block size.

Steam will only make Bitcoin a bit more popular between gamers and that's it. It will not impact the price in any way. In order to get the price to increase on a large scale we need high level wealthy investors and not gamers.

That is right. But the wealthy investors' money is controlled by fund managers. They are not so smart.

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May 12, 2016, 04:07:06 PM
 #32

I guess it's true. most people in the steam are gamers and they require fast transactions to equip a good buy. so maybe they are using bitcoin transactions


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wildan88
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May 12, 2016, 04:12:12 PM
 #33

very possible considering steam users very much, and almost every day there is always a transaction, and bitcoin makes them easier transactions. so many buy bitcoin for steam.

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May 12, 2016, 05:25:28 PM
 #34

It decreased by like 25$ since I made this topic , I withdraw what I said ... It's probably not because of steam but it's definitely some manipulation from exchange or big holders.

ye take it back. someone just dump thier btc.

its good that they now use btc on steam though. I do play online games from time to time and so I should be able to spread the word to my fellow gamers.
I probably can let my friends register on coinbase under my ref link lol
No it is now rising because it was already stable for a long time and you also know that the halving is coming slowly towards to us so that is perfect for the most people.
But if it will be acceptable on Steam than it would be also perfect because now more people can also spend it so that is nice.
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May 20, 2016, 07:30:50 PM
 #35

It will take many years to convert the Steam users to bitcoin users. In fact, the bitcoin price just dropped today.
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May 20, 2016, 08:39:34 PM
 #36

Will see still not long time steam accept bitcoin, so i think to make affect with bitcoin price we need more time. i hope it will goes fast so price increase much before halving.

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May 21, 2016, 05:46:15 AM
 #37

the effect of steam on bitcoin price will be a long term effect which also would be slow. just the other day i was checking the forum and i saw a couple of people who have just found out about this after 1.5 month! so that means that others who are not in bitcoin world yet would take longer to find out about the feature and start buying/using bitcoin.

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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May 21, 2016, 05:50:27 AM
 #38

Price will increase strong because of steam. Halvening come soon to, so well hodl, and then sodl at higher prices.
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May 21, 2016, 07:24:10 AM
 #39

It could be because of steam, after all, gamers are likely to adopt bitcoin.

But still, most of the bitcoin prices are caused by large traders trading on a leverage. While there is a chance that this price increase is caused by people using steam, but it is most likely to do with the big players.
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May 21, 2016, 07:57:40 AM
 #40

3 things, seg wit, steam and halving, are doing something to increase the hype, they are generating a small hype and thus this will be reflected into the price

steam alone won't do much, because buing videogame with btc is not something entirely new...

Thats pretty huge actually.

3 things esp Steam, when the core audience is young teens who are aware of bitcoin.

So I can only imagine more steam and bitcoin for skins and keys for CS alone, and other games.

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