Bitcoin Price Today - Live Bitcoin Price Chart & History

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1 oz Antique Bitcoin Guardian Commemorative Silver Round As low as : $37.22

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Steam No Longer Accepting Bitcoin Payments For Video Games ...

Today Valve announced it will no longer be accepting Bitcoin as currency on the Steam store.

This follows a period of rapid Bitcoin growth. After recently tipping the $US10,000 mark in late November, Bitcoin lost approximately 20% of its value, but promptly fought back. Roughly one week later Bitcoin is sitting at $US13,000.

In short that's a lot of volatility for a currency if you want to buy...

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Website: https://www.kotaku.com.au

Related topics : bitcoin transactions fee / what's the value of one bitcoin today / value of one bitcoin today / accept bitcoin payments / what's the value of one bitcoin

The True Cost of Bitcoin Transactions - Money and State

83 cents per transaction on average...

Is that "too expensive?" That's a judgement call, and sincere people can disagree about what is "too expensive." It depends what one uses Bitcoin for.

Some people, indeed, are using Bitcoin to move "normal" amounts of money around (ie - like a "peer-to-peer cash system"). This doesn't refer to "micro transactions," which are fractions of a dollar and have...

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Website: http://moneyandstate.com

Steam drops Bitcoin as a payment method | VG247

Steam will no longer accept Bitcoin on the store.

Valve revealed the change in a blog post, citing volatility of the currency's value and high processing fees as the two main reasons behind its decision.

Both of these factors changed significantly in the last few months, according to Valve. The transaction fees - charged by the Bitcoin network - have been as high as $20 per transaction as recent as last week, a massive bump from the $0.20 the network used to charge when Steam first accepted Bitcoin.

When the value of Bitcoin drops, these high fees become even more of a problem. "Historically, the value of Bitcoin has been volatile, but the degree of...

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Website: https://www.vg247.com

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Bitcoin explained: Here's everything you need to know - CNET

How does one 'mine' Bitcoin?

A person (or group, or company) mines Bitcoin by doing a combination of advanced math and record-keeping. Here's how it works. When someone sends a Bitcoin to someone else, the network records that transaction, and all of the others made over a certain period of time, in a "block." Computers running special software -- the "miners" -- inscribe these transactions in a...

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Date: 2017-12-20 03:34:24
Website: https://www.cnet.com

Bitcoin takes a hit as gaming giant Steam revokes payment ...

7 Dec 20172 Shares

What is the future for bitcoin? Image: Adrian Today/Shutterstock

Steam is the largest online gaming shop on the planet, and bitcoin is no longer welcome there.

In a major setback for the mainstream adoption of cryptocurrency, Steam, owned by Valve Corp, has announced it is no longer dealing with bitcoin as a payment method on the site.

Describing the issue of allowing the...

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Website: https://www.siliconrepublic.com

Related topics : bitcoin transactions fee / bitcoin transactions time / who started the bitcoin payment system / bitcoin payment system / bitcoin cost per transaction

Why Have Bitcoin's Transaction Fees Skyrocket Recently ...

During the past few weeks, bitcoin's transaction fees have markedly increased and today, it typically costs around $20 to send a payment across bitcoin's network. The reasons underlying this rise in transaction fees are rather complex but can be namely attributed to an increased number of transactions and the limited amount of transactions that the bitcoin network can handle per second. For...

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Website: https://minergate.com

Steam drops Bitcoin payments, blaming high fees and volatility

While Bitcoin is growing in value and attracting more and more capital, it is hard to make a case for it as a payment method these days. Sure, you can buy things with Bitcoin, but fact of the matter is it lacks mainstream appeal among businesses -- at least right now.

It is easy to see why: it's incredibly volatile and the fees are high too. So, if you want to buy something with Bitcoin you will...

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Website: https://betanews.com

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If the total value is below 500$, a Bitcoin transaction fee of 10$ will be deducted from the final amount

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