Steam accepting btc - will it affect the forum market?

passwordnow

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Quote from: nullievoid on February 04, 2017, 05:26:48 PM

in my opinion won`t affect the market

That's your opinion and I respect it but your wrong with it. Steam's acceptance of bitcoin has a big impact to the forum market, why? Because merchants out there can even more have sales and can sell cheaper steam products and that can make the demand higher and when the demand is affected it can be in the favor of merchants.

Rinder

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Quote from: Amph on February 05, 2017, 02:49:53 AM

Quote from: jaberwock on February 03, 2017, 08:56:39 AM

Quote from: Amph on February 03, 2017, 03:03:14 AM

Quote from: tonguetides on February 02, 2017, 05:46:05 PM

Nope, people here on forum want things for something between 50-60% discount and paying full price is out of question. if Steam is not willing to give away half of the price people here won't be interested in buying directly (I'm not even sure if steam still takes BTC...)

you were living all the time under a rock to not know that steam offer up to 75% discount, in concomitance with festivity such christmas, halloween etc...

and yes they still accept bitcoin, via bitpay, you just need one confirmation and your order will be delivered without problem

the times I used them I needed no confirmation Huh

i think they changed their policy, because at the beginning it was the same for me, but recently i bought a game and it was in pending status until the first confirmation happened

With some transactions being double spended its a must to take some measures to protect them, if they were letting the purchase to be made instant they were taking a risk, even small but a risk, anyway gamers are more happy for sure, atleast now i consider to buy steam to play some games i do like.

Amph

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Quote from: jaberwock on February 03, 2017, 08:56:39 AM

Quote from: Amph on February 03, 2017, 03:03:14 AM

Quote from: tonguetides on February 02, 2017, 05:46:05 PM

Nope, people here on forum want things for something between 50-60% discount and paying full price is out of question. if Steam is not willing to give away half of the price people here won't be interested in buying directly (I'm not even sure if steam still takes BTC...)

you were living all the time under a rock to not know that steam offer up to 75% discount, in concomitance with festivity such christmas, halloween etc...

and yes they still accept bitcoin, via bitpay, you just need one confirmation and your order will be delivered without problem

the times I used them I needed no confirmation Huh

i think they changed their policy, because at the beginning it was the same for me, but recently i bought a game and it was in pending status until the first confirmation happened

nullievoid

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in my opinion won`t affect the market

jaberwock

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Quote from: miningdude on February 02, 2017, 08:29:57 AM

Depends on the stock, and how steam is spending their bitcoins, but the BTC is going up so it won't affect the forum market I guess.

Steam doesn't accept Bitcoins directly, they use a 3rd party service, I think Bitpay, to process the Bitcoin payments.

As far I know Bitpay just dump their bitcoins as soon they receive them

Quote from: Amph on February 03, 2017, 03:03:14 AM

Quote from: tonguetides on February 02, 2017, 05:46:05 PM

Nope, people here on forum want things for something between 50-60% discount and paying full price is out of question. if Steam is not willing to give away half of the price people here won't be interested in buying directly (I'm not even sure if steam still takes BTC...)

you were living all the time under a rock to not know that steam offer up to 75% discount, in concomitance with festivity such christmas, halloween etc...

and yes they still accept bitcoin, via bitpay, you just need one confirmation and your order will be delivered without problem

the times I used them I needed no confirmation Huh

Amph

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Quote from: tonguetides on February 02, 2017, 05:46:05 PM

Nope, people here on forum want things for something between 50-60% discount and paying full price is out of question. if Steam is not willing to give away half of the price people here won't be interested in buying directly (I'm not even sure if steam still takes BTC...)

you were living all the time under a rock to not know that steam offer up to 75% discount, in concomitance with festivity such christmas, halloween etc...

and yes they still accept bitcoin, via bitpay, you just need one confirmation and your order will be delivered without problem

sunsilk

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Quote from: tonguetides on February 02, 2017, 05:46:05 PM

Nope, people here on forum want things for something between 50-60% discount and paying full price is out of question.

You got it right, most of us here wanting to have some more discount upon availing steam products which we are prefer to choose the merchants who sells with lower price.

Quote from: tonguetides on February 02, 2017, 05:46:05 PM

if Steam is not willing to give away half of the price people here won't be interested in buying directly (I'm not even sure if steam still takes BTC...)

They will never be interested to slash half price to their products because their expenses is higher than we are thinking.

tonguetides

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Nope, people here on forum want things for something between 50-60% discount and paying full price is out of question. if Steam is not willing to give away half of the price people here won't be interested in buying directly (I'm not even sure if steam still takes BTC...)

miningdude

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Depends on the stock, and how steam is spending their bitcoins, but the BTC is going up so it won't affect the forum market I guess.

carlisle1

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Quote from: tymm0 on April 25, 2016, 09:10:15 PM

Looks like steam is finally going to accept bitcoin!!!!

http://cointelegraph.com/news/steam-to-accept-payments-via-bitcoin-in-its-next-update

Curious if that will affect the people selling games on the bitcoin talk? And the various other websites you can buy steam at.

well it depends on the number of people who are a gaming enthusiasts here in this forum, but I think it would affect the numbers of people who also uses bitcoin and they will be glad to know that news but it will only affect those people not the value of bitcoin .

mrcash02

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Quote from: stomachgrowls on January 30, 2017, 11:02:32 AM

Quote from: The_Dark_Knight on January 05, 2017, 07:35:19 PM

Quote from: stomachgrowls on January 05, 2017, 12:11:17 PM

Quote from: Capradina on January 05, 2017, 08:31:14 AM

Quote from: Rinder on January 05, 2017, 07:38:55 AM

Steam will allow bitcoin to become more popular over the time, but currently i doubt the most people that has accounts theres does know bitcoin at all, sure if media start to talk about bitcoin once again, we will see people getting more interested at bitcoin, but i doubt the recent pump has been caused by this community.

Yeah, whatever will definitely happen in the growth of the bitcoin. but it is just something that is reasonable, so if we can have patience is good then we will give you a good profit. The media is very influential in the growth of the bitcoin, but media only as an intermediary only and we have to provide the mandatory action or notification. If we want only the advantage only in the bitcoin without helping to create a bitcoin higher then it is the thing that will surely make you greedy and you end up losing it all

Media would really be a good medium on bitcoins adoption but we all know that they are against with it because government will surely block the way on introducing it.Steam doesnt have an impact on bitcoins price in my own opinion but still a good way on making use of bitcoin on their service.

Yeah the fact that Steam now accept bitcoin will not affect the forum market because you can find the games cheaper in here than in Steam besides with the recent price movement not many people seem to eager to spend their bitcoin in something like games.

Some may still spend their bitcoin on purchasing games because of the convenience it gives but if i were them i wont bother to use it because price of bitcoin is increasing and its really a regretful move to waste of bitcoin by just buying games and we should buy it on local fiat instead and save up bitcoin as we can.

This can be a smart strategy to don't waste much money. Who is a hardcore money saver probably will do it, but another people buy Bitcoin with fiat, hold it for some time and already make profit, so they use this profit to buy the games, they didn't lose money anyway, made some profit and bought games with part of this profit and in a fast and simple way, as they didn't need to use their credit cards or pay via bank slip.

Both alternatives are good.

stomachgrowls

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Quote from: The_Dark_Knight on January 05, 2017, 07:35:19 PM

Quote from: stomachgrowls on January 05, 2017, 12:11:17 PM

Quote from: Capradina on January 05, 2017, 08:31:14 AM

Quote from: Rinder on January 05, 2017, 07:38:55 AM

Steam will allow bitcoin to become more popular over the time, but currently i doubt the most people that has accounts theres does know bitcoin at all, sure if media start to talk about bitcoin once again, we will see people getting more interested at bitcoin, but i doubt the recent pump has been caused by this community.

Yeah, whatever will definitely happen in the growth of the bitcoin. but it is just something that is reasonable, so if we can have patience is good then we will give you a good profit. The media is very influential in the growth of the bitcoin, but media only as an intermediary only and we have to provide the mandatory action or notification. If we want only the advantage only in the bitcoin without helping to create a bitcoin higher then it is the thing that will surely make you greedy and you end up losing it all

Media would really be a good medium on bitcoins adoption but we all know that they are against with it because government will surely block the way on introducing it.Steam doesnt have an impact on bitcoins price in my own opinion but still a good way on making use of bitcoin on their service.

Yeah the fact that Steam now accept bitcoin will not affect the forum market because you can find the games cheaper in here than in Steam besides with the recent price movement not many people seem to eager to spend their bitcoin in something like games.

Some may still spend their bitcoin on purchasing games because of the convenience it gives but if i were them i wont bother to use it because price of bitcoin is increasing and its really a regretful move to waste of bitcoin by just buying games and we should buy it on local fiat instead and save up bitcoin as we can.

morgand

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Its good news for every bitcoin user, and i think it would affect the price of bitcoin, because many steam game player will looking for bitcoin to deposit in steam. This will make bitcoin price grow up. I dont know any effect in forum market. I just happy that i can buy dota2 item easier now.

Vaccinus

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Quote from: Thaliron on January 13, 2017, 07:33:21 AM

Steam accepting bitcoin for a while now and there literally changed nothing these days..

how can you be so sure? maybe the current bull trend is also because there are more buyers that went to bitcoin because of steam, i see gret potential here

ReLieD

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Obviously if there are more customers/ users
The value of a currency increase.
It is a great achievement for bitcoin that famous gaming sites have
Started accepting bitcoin.
Even g2a , the online store for games and in game items accepts Bitcoin.
One day even MCD and KFC will accept bitcoin
And I am waiting for that day

mastica

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Since bitcoin its a digital currencie im sure it had affected the buyers and sellers of steam accounts, since they can purchase now with bitcoin outside those it hadnt make any real impact at bitcoin value, besides be more know and the possibility to spread ahead bitcoin.

Thaliron

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Steam accepting bitcoin for a while now and there literally changed nothing these days..

BrandonFever

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Quote from: Rosberger on January 12, 2017, 04:32:55 PM

Steam is indeed accepting already for a while but its not that we can see a change in the market because of it.

Nothing has changed what is pretty funny so to see and I think that is all thanks to the low prices here on the forum in the digital good section!

Rosberger

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Steam is indeed accepting already for a while but its not that we can see a change in the market because of it.

player514

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Generally steam gift cards and such go for 65-75% if you can get a decent deal. They peak at 80% max. This has changed before and after steam started accepting bitcoin; it's just that generally bitcoin is worth more to people than steam money.

Topic: Steam accepting btc - will it affect the forum market? (Read 47378 times)