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/biz/ - Business & Finance

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4834756 No.4834756 [Reply] [Original]

http://www.pcgamer.com/valve-drops-bitcoin-as-a-steam-payment-option/?utm_content=buffer2c5b2&utm_medium=social&utm_source=facebook&utm_campaign=buffer_pcgamerfb

So... why is this shitcoin going up?

>> No.4834805

Its changing too quickly for the the system to work properly. Steam can't handle it. Nothing sinister mate

>> No.4835222
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4835222

>>4834756
http://steamcommunity.com/games/593110/announcements/detail/1464096684955433613
> steam drops bitcoin because...
> highly volatile price
> extremely slow transaction times, sometimes hour+
> extremely high transaction FEES, $3 - $20 FEE to buy a $10 game
> bitcoin's on-chain transaction tech can't even keep up w/ everyday transactions
> tfw your new fad currency can't even be used to buy a cup of coffee because it can't S C A L E.
Good software engineers understand O(n^2) isn't sustainable at scale. RIP your bubble currency.

t. nocoiner