Do you miss buying games on Steam by paying with bitcoin?

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Quote from: Forsyth Jones on July 11, 2021, 09:57:07 AM

Perhaps many don't know, but Steam accepted Bitcoin payments some time ago, but stopped in the same year (2017).

Do you buy Games paying with Bitcoin? Electronics, headsets, peripherals, etc. Paying with Bitcoin, LN or Altcoins?

Yes, I'm aware that Steam is accepting bitcoin payments before but I don't actually take it as a big deal nor think of using bitcoin payment to purchase some games there. My reason is just simple, there is a much convenient way available in our country to purchase games there.

But for let's say only crypto payment is the most convenient way for me to purchase games there, I will consider using it as long as I really like the game. Like for example here, although ETH was used as a payment method and it's not a direct payment to Steam, I badly needed that game so I consider buying it with my crypto

Hydrogen

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Steam discontinuing BTC support may have been one of the 1st indicators of a downtrend in that 2017 year. There was a certain eerieness to it. Other large retailers followed the trend. Almost as if it was a large coordinated effort. That was a scary moment, it was uncertain to what extent the trend was coordinated or would be extended.

Steam retains gift card support. Which can be purchased with crypto and exchanged for games and whatever else. With reduced anonymity. I can't comment on the experiences of others. Personally, I have a difficult time finding games that interest me. There are only a few games each year that pique my interest. If even that.

What I do miss is some of the smaller and less known places that supported bitcoin deposit and withdrawal via paypal having that option removed.

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Quote from: Forsyth Jones on July 11, 2021, 09:57:07 AM

Perhaps many don't know, but Steam accepted Bitcoin payments some time ago, but stopped in the same year (2017).

Do you buy Games paying with Bitcoin? Electronics, headsets, peripherals, etc. Paying with Bitcoin, LN or Altcoins?

There are still many places that you can do this. You do not end up buying games directly from steam but you could use cd key places. Go ahead and type in "buy steam codes with crypto" into google and you will face with a lot of them.

I have bought probably over a thousand by now and I can say that it has nearly no problems at all and even if you face a problem then they help you out very quickly. I didn't buy over a thousand for myself of course, the project I was part of bought games using fiat and then sold it for crypto, which did turn out to be a horrible idea during the bear run and lost a ton of money as might be expected, but it was definitely something that was easy to do. You could do the same, just do what I said and check it on google and you could find some, I would say g2a and gamivo and allkeys are sort of what could be really good.

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Quote from: Forsyth Jones on July 11, 2021, 09:57:07 AM

Perhaps many don't know, but Steam accepted Bitcoin payments some time ago, but stopped in the same year (2017).

Do you buy Games paying with Bitcoin? Electronics, headsets, peripherals, etc. Paying with Bitcoin, LN or Altcoins?

I didn't actively use it to buy games, but i remember that the day it came out i tried to add balance to my steam account through bitcoin and it took a long time, i tried it once and due to how slow it was i never did it again, and probably i think that is one of the main reasons that steam took it down, and i remember that in 2017 we saw a rise in transaction time and fees, and a lot of sites that used to accept it as a payment method took it down.

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Quote from: Forsyth Jones on July 11, 2021, 09:57:07 AM

Perhaps many don't know, but Steam accepted Bitcoin payments some time ago, but stopped in the same year (2017).

Do you buy Games paying with Bitcoin? Electronics, headsets, peripherals, etc. Paying with Bitcoin, LN or Altcoins?

Yeah I remember those times, but at the same time maybe we should be glad that they stopped, what if you bought when the price of bitcoin was still kind of low and now bitcoin is above 30k? That game would have been the more expensive of your life, after all one of the advantage of video games compared with other forms of entertainment is that you can have a lot of hours of fun for a low price, something which will not be true if you paid with bitcoin.

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Quote from: The Sceptical Chymist on July 14, 2021, 05:24:36 AM

Personally, I'd rather avoid those vices in order to hold more bitcoin, but that's just me. The few vices I have don't need privacy and can be bought in cash quite easily. Lol.

If you always have fiat to spend, yeah it's better to hold Bitcoin. But sometimes, you don't have fiat and only have your pile of Bitcoin if you went all in. Not everyone can have an exceptional quality of self-control to restrain the urge to shop, gamble, or whatever especially when bull market. In this situation, spending directly in Bitcoin is better than to go in/out crypto market. You'll still have to pay miner (tx) fee, plus withdrawal fee, except your Bitcoin is already in the exchange, which is rather scary.

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Quote from: mu_enrico on July 13, 2021, 11:17:21 AM

I don't mind paying Steam with my debit/credit cards since I don't need strong privacy for buying casual games, and no I haven't used crypto for buying games IIRC, always use VISA.

Smart. I don't know why anyone right now would want to buy games--whether on Steam (which I know isn't an option anymore) or anywhere else). With inflation increasing the way it is, it's much better to hold onto bitcoin and any other cryptocurrency, and spend fiat for things whenever you can. Could bitcoin's price drop significantly? Sure. But inflation is constantly eating away at the purchasing power of the US dollar, and other fiat currencies are inflating even faster. That can't happen with bitcoin unless its price dropped to 2009-2010 levels--and I seriously doubt that's going to happen.

Quote from: mu_enrico on July 13, 2021, 11:17:21 AM

I used BTC/crypto for gambling, web hosting, and stuffs that need stronger privacy. Maybe if there's some good Adult xxx games that I want to buy, I'll use BTC/crypto.

That's smart, too, and those are some of the uses of bitcoin that suit it best IMO. Personally, I'd rather avoid those vices in order to hold more bitcoin, but that's just me. The few vices I have don't need privacy and can be bought in cash quite easily. Lol.

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I don't miss steam games with money with bitcoin because playing with bitcoin games is more risky. I don't like playing games too much it will lose everything and fall into despair from playing games on bitcoin to steam with money I invest and hold less risk here this protects the wallet and there is no possibility of fear that the price will go up again. Greed for extra money will ruin everything.

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I don't miss it that much, the prices were doing good at that time and I don't want to waste my bitcoin in a game that I only havea few chance to really play and end up overpaying for the game because the prices have gone up. It's good that they remove it because Steam Wallet works just fine even without the bitcoin payment option.

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Tried paying my bills from my local wallets with bitcoin.
And about purchasing any games using bitcoin? Not yet tried it. Though Im kinda feel regret spending my bitcoin with those games, there are still players who always do buy some skins, etc. That can be used from their games.

But then, I always used bitcoin by purchasing other products and used them in other ways.

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Didn't even consider buying games at that since I was broke ass student and I mostly rely on 100% off for some of their games although I haven't played any of them yet. I have seen it done but it's a pretty secret kind of way to pay because there's things that you have to click before anything else which is cumbersome.

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Quote from: cheezcarls on July 12, 2021, 07:08:24 AM

In Coins PH, they had a game section where I can buy Steam codes in their Bitcoin wallet. However, I hadn't tried buy anything on Steam directly via Bitcoin before they disabled it. Maybe it's because of the volatility whether going up or down. But they can adopt crypto payments with stablecoins if they don't like price fluctuations when buying in the Steam store.

I first heard about it in 2017; it is fascinating. I do some research about it before cause I might be able to resell it for profit due to cashback and discount. I haven't heard them disabling the promo, but as of now, they offer more variety of game credits. A verified account is still required.

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I don't mind paying Steam with my debit/credit cards since I don't need strong privacy for buying casual games, and no I haven't used crypto for buying games IIRC, always use VISA. I used BTC/crypto for gambling, web hosting, and stuffs that need stronger privacy. Maybe if there's some good Adult xxx games that I want to buy, I'll use BTC/crypto.

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Quote from: Forsyth Jones on July 11, 2021, 09:57:07 AM

Perhaps many don't know, but Steam accepted Bitcoin payments some time ago, but stopped in the same year (2017).

Do you buy Games paying with Bitcoin? Electronics, headsets, peripherals, etc. Paying with Bitcoin, LN or Altcoins?

I have personally not not buy any games with btc from steam when it was allowed although I have ordered some gaming stuffs and make other transactions in the past with my coins so not so much regret that I have not been able to do so.But on Google I found that you can buy steam wallet codes or gift cards with cryptocurrencies not directly but through some third party like cryptoreffils and you can have wallet codes with you and just buy your favourite game.

Here is the detailed information for the same: Buy games with bitcoin

Although you must have a look for yourself before jumping into any conclusions and make sure every security procedures is followed and it's legit.

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Quote from: Forsyth Jones on July 11, 2021, 09:57:07 AM

Perhaps many don't know, but Steam accepted Bitcoin payments some time ago, but stopped in the same year (2017).

Do you buy Games paying with Bitcoin? Electronics, headsets, peripherals, etc. Paying with Bitcoin, LN or Altcoins?

I do purchase games from Steam or other networks. But unfortunately I have never seen bitcoin accepted in Steam. Because back in 2017, I was more active in this gaming space compared to now. But even if cryptocurrency was accepted in steam today, I would have refrained from using it for purchases.

Because it is expensive due to the network fees and most importantly the amountnin bitcoin I will be spending to buy a game today, could fetch me a gaming desktop 10 years down the line! Simple fomo!

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Quote from: livingfree on July 12, 2021, 04:44:18 PM

It was during when the network has been congested and steam didn't liked it. Undecided

that was the main reason but it was also because of all the attacks against bitcoin.
regular users may not think about it specially when they already knew the coins that were attacking bitcoin were shitcoins (like bcash, dash, ripple,...) but with all the misinformation they were spreading and all the split risks due to bcash attacks it scared many businesses who don't want the headache of a payment method that is new and not that many use it.

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Quote from: Dread Pirate Roberts on July 12, 2021, 11:30:47 AM

I didn't know that steam accepted bitcoin at that time, which I still do sometimes through third party platforms, maybe if you are a gamer you will be familiar with g2a? i still like to buy games and items with crypto there, and most of my crypto transactions are digital goods or digital services.

Gamers would really be familiar with G2A. And it's been so long since that they've announced their acceptance of bitcoin and it's on the news everywhere, too bad that they have to end it too soon because of the fees.

https://www.theverge.com/2017/12/6/16743220/valve-steam-bitcoin-game-store-payment-method-crypto-volatility

It was during when the network has been congested and steam didn't liked it. Undecided

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Quote from: Forsyth Jones on July 11, 2021, 09:57:07 AM

Perhaps many don't know, but Steam accepted Bitcoin payments some time ago, but stopped in the same year (2017).

Do you buy Games paying with Bitcoin? Electronics, headsets, peripherals, etc. Paying with Bitcoin, LN or Altcoins?

I didn't know that steam accepted bitcoin at that time, which I still do sometimes through third party platforms, maybe if you are a gamer you will be familiar with g2a? i still like to buy games and items with crypto there, and most of my crypto transactions are digital goods or digital services.

cheezcarls

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In Coins PH, they had a game section where I can buy Steam codes in their Bitcoin wallet. However, I hadn't tried buy anything on Steam directly via Bitcoin before they disabled it. Maybe it's because of the volatility whether going up or down. But they can adopt crypto payments with stablecoins if they don't like price fluctuations when buying in the Steam store.

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Quote from: Forsyth Jones on July 11, 2021, 09:57:07 AM

Perhaps many don't know, but Steam accepted Bitcoin payments some time ago, but stopped in the same year (2017).

Do you buy Games paying with Bitcoin? Electronics, headsets, peripherals, etc. Paying with Bitcoin, LN or Altcoins?

No.I would never use my Bitcoins to buy a game on Steam or anywhere else.
I bought a CS:GO skin for 100 euro on Steam,by using a Steam wallet gift card,which I purchased from a website by using Paypal.It was a stupid move and regret buying that skin,but who cares. Grin

I don't know why Steam declined Bitcoin payments.Was it because of the BTC price volatility?
Many skin marketplace websites like Bitkskins,Skinbaron and CS.deals are accepting Bitcoin and altcoin payments.Game marketplaces like G2A and Eneba are also accepting crypto payments.
This means that we don't need Steam to accept crypto,in order to buy games and skins by using cryptocurrencies.

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