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Re: Steam accepting btc - will it affect the forum market?
by
nururochac
on 18/07/2016, 11:17:39 UTC
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.

actually i think that it should affect price of bitcoin, but not by much, maybe by one or two dollars only as there are lots of people that use bitcoins and steam but that's still not enough

I was hoping it would increase the price by a lot, but that did not happen, which is sad.
Having a big company like steam trusting bitcoin, must mean something, at least for PR purposes right.

the mass adoption is a slow process. We are in the flat part of the S curve. The mass adoption is not here yet.
I don't think it's on slow process, according to Coindesk news

"According to publicly available data, there are now over 10 million bitcoin wallets. Perhaps the most informative statistic of all is the transaction volume: the number of transactions has also grown impressively, from roughly 80,000 a day to more than 200,000 without showing any signs of slowing."

It's slowly doing process but the opposite of what you is what is happening, it's been seen that the adoption on the coin is progressing so fast and no signs of slowly development.