The fluctuation in bitcoin value has reduced reliability. On Steam no longer exists among the payment options Bitcoin.
Valve concluded his support for Steam purchases made with Bitcoin, citing reasons for “high service fees and unstable fluctuations in value.” For example, the transaction fees charged by the Bitcoin network to the customer have increased this year, with a cost of $ 0.20 for the previous 20 bucks. Unfortunately, Valve does not have any control over the amount of the transaction fee.
Valve said that as the base of the last few months, the degree of play in Bitcoin has become excessive and has lost 25% in the day. The biggest reason why Valve leaves support is the damage caused by the required return and decline in the sudden increase of Bitcoin while operating over Steam.
Bitcoin reached $ 12,000 this week and rose more than a thousand dollars in 24 hours yesterday. As a percentage value, Bitcoin showed 8.33% increase in value in one day. Valve added the digital currency to the payment options in Bitmap partnership in 2016, “Supporting Bitcoin is very risky, we will re-evaluate it based on the increase in value in the future”.