Topic: Do you miss buying games on Steam by paying with bitcoin? - page 2. (Read 272 times)
I don't remember steam accepting bitcoin, actually, I always used a PayPal account for my steam account and never saw any bitcoin payment option on the Steam website. However, it doesn't change anything if you still want to use bitcoin as a payment system for steam because there are many websites doing a proxy job, they accept your bitcoin and after taking your coins they will pay the money using Paypal or the other accepted payment systems for some fee they take from the user. Also, here in bitcointalk if you check the marketplace you can find many people trading bitcoin for steam balance.
Considering you can buy gift cards easily with Bitcoin, it won't be missed that much. I don't think Steam will think too much about third-party doing service like that, since they don't really need to get in touch with crypto regulations and use the "TOS" rules if anything goes wrong.
Yeah, they wouldn't think about such that offer gift cards for crypto that contains game credits for steam wallet. There's also a common market everywhere about load balance in steam wallet from individual merchants that have actual wallets on steam and can be done through dealing with them via P2P. But hopefully that they'll be open again in accepting bitcoin as payment as the merchants and adoption of it is going strong and they should take notice of that.
Am not a PC gamer myself which is why I never cared about Steam, but I am a console gamer and I have purchased Xbox games on multiple occasions from sites like CD-Keys, G2A etc using popular cryptocurrencies without any issues.
Some of my friends use Steam on a regular basis and they don't miss the crypto option at all since they used it only a couple of times. It was never a popular option based on my research.
Some of my friends use Steam on a regular basis and they don't miss the crypto option at all since they used it only a couple of times. It was never a popular option based on my research.
Until big websites like Amazon, AliExpress etc. Will start accepting Bitcoins ot altcoins there is a rare chance that major chunk of people will buy things using bitcoin.
And you think something will magically change?
There are a lot of options now to buys stuff on the internet with Bitcoin yet people don't, it's not because you can't find a couch for sale for bitcoin or some fancy pet toys, it's because the view on what bitcoin is has changed, fewer and fewer see it as a currency and more like an investment, you buy and hold and make 2x on it and then you cash out. That's the general rule, if Amazon will start accepting tomorrow you will see some enthusiasm in the first month with some people trying to spend some coins around, and then it will die down as for most those satoshis are too precious for that.
Considering you can buy gift cards easily with Bitcoin, it won't be missed that much. I don't think Steam will think too much about third-party doing service like that, since they don't really need to get in touch with crypto regulations and use the "TOS" rules if anything goes wrong.
I miss the option I guess in its potential but Im already accumulated within the steam value system anyhow; if anything I want to do the reverse and take funds and asset worth from steam inventory back into Bitcoin. Thats my plan right now, Im planning for some horrible rapid low occurring in BTC possibly that I can seize on to exit the steam virtual in game items and turn them into BTC which would be awesome as we can then easily double in price off some tail end sell off scare.
Steam doesn't really want me to withdraw value, they do allow free trade of items which alot of games do not so you can always sell in some kind of way. Steam gains in value (and taxes it) in allowing this trading, they are gaining value from monetary velocity I think, items almost have a proxy currency kind of worth to them imo (like any commodity can). But its also awkward to do so, I'd rather have the BTC and exit that system or hedge my bets against the end of any game eco system as many games and their inventory/vanity items do decline in worth eventually.
Steam doesn't really want me to withdraw value, they do allow free trade of items which alot of games do not so you can always sell in some kind of way. Steam gains in value (and taxes it) in allowing this trading, they are gaining value from monetary velocity I think, items almost have a proxy currency kind of worth to them imo (like any commodity can). But its also awkward to do so, I'd rather have the BTC and exit that system or hedge my bets against the end of any game eco system as many games and their inventory/vanity items do decline in worth eventually.
Nope, I do not miss it since I never once did it. Not because of not being aware but because there are far more convenient ways to pay for games or credits on steam and even for garena along with other standalone games. Besides, back then at 2017, the prices were quite volatile in a good way and gave most of the crypto enthusiasts in this industry a sense of excitement; a lingering taste of rush from that feeling of gambling on the potential of most of the crypto currencies in this industry at that time.
Perhaps many don't know, but Steam accepted Bitcoin payments some time ago, but stopped in the same year (2017).
Yep, they stopping it in the last month of 2017. I even made a thread about it.At that time I usually bought a game on it using Bitcoin, I love how convenient the process was. But it is indeed, that at some point the tx became congested as a result the tx fee arises. I hope that as the Bitcoin developments became matured, Steam or many services will considering accepting BItcoin. Not to mention that lightning nodes are gaining a traction which will suit for many micro-trasancactions.
Used it once or twice many years ago, in order to buy a game which was put on sale. It was really inexpensive if I remember correctly, approximately $5-6. Back then, I wouldn't really think twice when spending any BTC I had, something I regretted many years later.
I've stopped buying games now, but even if I was, I wouldn't spend any more BTC, especially for such cause.
I've stopped buying games now, but even if I was, I wouldn't spend any more BTC, especially for such cause.
In the form that it was - via BitPay - not really, it was stressful to wait for that confirmation in 15 minute window that they gave you.
Not to mention that BitPay are anti-bitcoin, anti-privacy, pro-KYC, and I wouldn't buy anything via them or support any merchant which uses them. https://debitpay.directory/anti-bitcoin/.If Steam started accepting Bitcoin again via Lightning Network, then I would have used Bitcoin for sure.
Bitrefill accept Lightning deposits, and also sell Steam gift cards for a variety of currencies and countries. I'm not sure about Steam because I've never bought a Steam card, but for a number of other cards you can buy any denomination you like. On more than one occasion I've bought a card of an exact value to exactly cover a particular transaction, e.g. $22.40. It's as close as you can get to buying directly with Lightning without having any left over bitcoin with a third party or fiat left on a gift card.
In the form that it was - via BitPay - not really, it was stressful to wait for that confirmation in 15 minute window that they gave you. If Steam started accepting Bitcoin again via Lightning Network, then I would have used Bitcoin for sure. My two problems with Bitcoin payments is that fees could get high in certain days due to increased trading activity or hashrate changes, and the second is that I keep all my coins in cold storage and I'm too lazy to boot it up for a small payment. If I had an LN wallet and LN payments were accepted, I would use BTC more.
I have never bought any of them but I would love to purchase some of the games that I want with bitcoin if they happen to accept bitcoin payments again.
Electronics, headsets, peripherals, etc. Paying with Bitcoin, LN or Altcoins?
For these items like a good headset, I'd like to purchase with any that I've got. Whether it would be bitcoin or altcoins, as they're intended to be used. You can hold as much as you can but it's also good to spend and use it for those things you need. 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?
Until big websites like Amazon, AliExpress etc. Will start accepting Bitcoins ot altcoins there is a rare chance that major chunk of people will buy things using bitcoin. These websites actually account for most of the e-commerce sales rest of the e-commerce stores especially the private stores just account for a small percentage and are generally niche specific, only thing I have bought so far in my life using bitcoin outside forum is hosting and domain. Namecheap was the website from where I bought these things. But no tangible things bought so far. Do you buy Games paying with Bitcoin? Electronics, headsets, peripherals, etc. Paying with Bitcoin, LN or Altcoins?
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?
We did have a topic regarding steam accepting Bitcoins but at the same time , topic regarding how they inturn stopped accepting payments. But I do think that it's not a bad move since the payment fee for Bitcoins is considerably higher as compared to other options. Do you buy Games paying with Bitcoin? Electronics, headsets, peripherals, etc. Paying with Bitcoin, LN or Altcoins?
I do now miss the payment options on steam regarding bitcoins since at the end of the day we have other options and not only that I consider bitcoins as a form of investment more than as a form of payment or exchange.
At the same time, as other people said you still have indirect options available there.
I never used Bitcoin to buy games on Steam so I obviously don't miss that and I don't play video games anymore because it's a big waste of time.
After doing duckduckgo search I found out that some places are still accepting Bitcoin for purchasing games, like Joltfun, Keys4Coins, GamesPlanet, Bitrefill, etc.
After doing duckduckgo search I found out that some places are still accepting Bitcoin for purchasing games, like Joltfun, Keys4Coins, GamesPlanet, Bitrefill, etc.
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?
Do you buy Games paying with Bitcoin? Electronics, headsets, peripherals, etc. Paying with Bitcoin, LN or Altcoins?
Nah. Actually there some wallet that let user buy steam wallet code using Bitcoin like in my country "coins.ph". They just convert the BTC instantly right after you made the purchase but still same as buying directly on the steam using Bitcoin. For now, Using Bitcoin for payment is not advisable due to slow confirmation and high fee compared on other cryptocurrency like USDT(TRC20).
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?
Do you buy Games paying with Bitcoin? Electronics, headsets, peripherals, etc. Paying with Bitcoin, LN or Altcoins?
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