Pages:
Author

Topic: What if bitcoin can be used in buying online game items ? (Read 173 times)

sr. member
Activity: 294
Merit: 250
Yeah it's a good idea as you don't have to buy game credits virtual currency, you just have to scan a qr code. It will indeed benefit Bitcoin. Another idea is a Bitcoin payment system for music websites so the artist can reach more ears especially kids or teens who doesn't have credit cards yet that they can use to purchase online.

I can see though these game companies will develop their own virtual currency. Wait I think they already had, it's called Game Credit.
jr. member
Activity: 84
Merit: 4
This question comes into my mind since I am a big fan of different online games and those games are using money to buy certain items for your hero/character. This can be a good reason for bitcoin to make its way on gaming industry, what if they are also involve in gaming ? is it more convenient for the gaming industry to buy items using bitcoin ? We all know that there are many online games that are popular around the world and also there are tournaments involving such online games and the rewards are very huge and it also counts in millions of dollars. So I think, bitcoin should really make its way in the gaming industry.

I think this is a really good idea. We should implement this on most of the online items with price range of $100 or above. If a leading marketplace like Amazon decides to implement this, it will be game changing for the crypto community. Just with the decision bitcoin price can get double or triple. Some of the people will argue that volatile prices make it difficult for Amazon to manage all the seller commissions and promotional discounts.  But they have already successfully implemented alternative payment options like Amazon cards.
full member
Activity: 546
Merit: 100
there was already an online game site that served bitcoin as their payment transaction, one of browser based online games.
But the price is more expensive than if we buy with dollars, i don't know why. i think because of the fees
TWW
full member
Activity: 1456
Merit: 109
i think its very possible if your country's regulation allow this...unfortunately my country is not allowing this...and today there are many projects which focused on game online especially in their trading system with their own cryptocurrency...i hope more games follow this step
full member
Activity: 350
Merit: 100
It is a good way to use this currency for online buying of games items and many other online orders can be enjoyed through this currency so bitcoin is very important and if some one have a good quantity of bitcoin then they have to open an exchange where the people will buy and sell bitcoin and the owner will receive some income over the transaction of buying and selling. I have paid bitcoin for buying some projects of IGI which was difficult for me to find out so i have used this currency to do that task.
member
Activity: 171
Merit: 10
Global Risk Exchange - gref.io
It will be implemented very soon, a lot of projects announce this functionality.
I think now bitcoin is using to buy online games. So all the gamer are happy, and very convenient to them. Its hustle free,and easy to use. Even online shopping bitcoin can also we can used.
sr. member
Activity: 658
Merit: 250
This question comes into my mind since I am a big fan of different online games and those games are using money to buy certain items for your hero/character. This can be a good reason for bitcoin to make its way on gaming industry, what if they are also involve in gaming ? is it more convenient for the gaming industry to buy items using bitcoin ? We all know that there are many online games that are popular around the world and also there are tournaments involving such online games and the rewards are very huge and it also counts in millions of dollars. So I think, bitcoin should really make its way in the gaming industry.

NXC - Nexium, this criptocurrency was going to be used for internal payments in this game. So it was done already  Wink
newbie
Activity: 98
Merit: 0
This question comes into my mind since I am a big fan of different online games and those games are using money to buy certain items for your hero/character. This can be a good reason for bitcoin to make its way on gaming industry, what if they are also involve in gaming ? is it more convenient for the gaming industry to buy items using bitcoin ? We all know that there are many online games that are popular around the world and also there are tournaments involving such online games and the rewards are very huge and it also counts in millions of dollars. So I think, bitcoin should really make its way in the gaming industry.
I think that might have been achieved. More and more online stores are already accepting bitcoin payments. But I think it's going to be very expensive to pay for bitcoin, because it's very expensive.
sr. member
Activity: 742
Merit: 253
if the adoption of a bitcoin payment system has taken place, it will surely be available. so the conclusion is at the game provider company, and I think it will happen soon as the crypto currency swings in the company.
member
Activity: 168
Merit: 10
There are some now, and it happens now, buying online game items using bitcoin as a payment. And this will be good for bitcoin, because many gamers now is buying online items, items in online games. This will help bitcoin a lot.
newbie
Activity: 196
Merit: 0
I think it's a good idea because it will affect the bitcoin market price and also can simplify online game transactions.
member
Activity: 224
Merit: 10
But it is a serious problem, at present most of the game equipment is not particularly expensive, so use bitcoin need to afford the expensive fee, so it is not suitable to use bitcoin as purchase game equipment.
full member
Activity: 490
Merit: 106
This question comes into my mind since I am a big fan of different online games and those games are using money to buy certain items for your hero/character. This can be a good reason for bitcoin to make its way on gaming industry, what if they are also involve in gaming ? is it more convenient for the gaming industry to buy items using bitcoin ? We all know that there are many online games that are popular around the world and also there are tournaments involving such online games and the rewards are very huge and it also counts in millions of dollars. So I think, bitcoin should really make its way in the gaming industry.
There are digital distribution platforms like steam that already supported purchasing of game credits using Bitcoin, but after a year Valve Corporation (developer of steam) already stopped accepting Bitcoin before this year started for the reason that it is so highly volatile or being unstable currency and that time transaction fees are very expensive. Other gaming platforms that is reportedly accepts Bitcoin purchases are Play-asia, Kinguin, and G2A but I don't know much about them or if they still accept Bitcoin since I don't use those platforms. For me even transaction fees already dropped, Bitcoin still needs some improvements so I'm waiting for lightning and schnorr signature to be implemented and see how it can change everything.
newbie
Activity: 7
Merit: 0
I think some new companies are already connecting blockchain technology/bitcoin to online games. I'm not only sure which. Well with the current trend of bitcoin and we can see that blockchain technology is the future, I believe that it will soon happen with famous online games. After all, gaming companies are also trying to apply emerging technologies to provide best gaming experience on gamers.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
Only this isn't enough anymore, it's too basic to just accept Bitcoin as payment method for in game items. Online games should allow their players to sell their account's items and gold for real money too. Many games politics forbid their players to exchange the items and gold they conquered in game with their own effort. However I don't expect too much from these already established games, maybe in the future good decentralized online games will appear overcoming all the currently ones in all possible aspects.

About prizes being in BTC for tournaments, I think it's hard for legal reasons.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
when we are talking about bitcoin's usage in some thing, two things are required.
first which is the most important step is the users' willingness to use bitcoin in that "thing" (online games here). if people don't want to spend their bitcoin at all, then adding it to an online game or gaming platform changes nothing and it won't happen in first place because there is no "demand for it". so we have to first see if there demand or not. and I think there is because Steam and the reports from BitPay support this.

second is the platforms willingness to add bitcoin. sometimes these places resist change and don't want to change what is good and working. their mind can change if they see the demand is high enough. again like Steam where the demand for bitcoin payment was pretty high so they gave in and started accepting bitcoin.
member
Activity: 113
Merit: 10
It still depends whether the game accepts digital currency payments or not. I've found out some governments allow bitcoin as payment. It is actually cool that you gotta pay a game using bitcoin. Since online games are popular,it is better if the developers of online games connect it with bitcoin so that the other players will be interested with bitcoin. It will be a good advertising device.
hero member
Activity: 1722
Merit: 528
Once bitcoin was used in buying online games, many people will buy bitcoins. As we all know, many people were addicted in online games, if bitcoin was allowed to purchase something used in online games, it has a larger potential market. Because of this, results to increase in market price.

People will not be attracted to buy bitcoin just because games accepted it as a payment. It will be more like people especially gamers who are using bitcoin will eventually be using bitcoin to pay games and game items.

As far as I know Steam accepted bitcoin but ceased accepting it because of it's volatility and high fees.
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
There is already a third party in or country that allows us to buy credits on steam, and you know steam is a big one by valve corporation. I can buy ingame items or even the game itself using my account in the third party. This app is called coins.ph, I will buy the credit using my BTC wallet and they will send me confirmation and then top it up.
This kind of technology is very helpful to gamers like me, when I top up my account not using the app, they would take a 20% of the total amount I want to put in my steam account, but when I use my BTC wallet, there is never an interest, it's a zero. Nice to have this kind of things around right?
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
it also already happened with Steam (Valve corp.) they are one of the biggest gaming platforms in the whole world with millions of players and they added bitcoin support but unfortunately last year they stopped it because the fees were very high!

maybe we can see that happening again in a year or so with Lightning Network and if we can accept the fact that bitcoin not being a currency is dumbest thing in the world...
Pages:
Jump to: