Steam no longer accepting BITGOYIM as payment

As of December 6, Steam is no longer accepting Bitgoyim as payment, primarily because there's almost always a $20 transaction fee for every single purchase AND refund.

So to all the Bitgoyim out there, how's that unregulated free market treating you?

steamcommunity.com/games/593110/announcements/detail/1464096684955433613

Other urls found in this thread:

bloomberg.com/news/articles/2017-12-04/cboe-says-it-will-start-bitcoin-futures-trading-on-dec-10
twitter.com/NSFWRedditGif

ok

Wow it's nothing.

It'll bounce back

>No means to short reliably
>Free market

Kek, it's a clear ponzi scheme

>september 2017: Chinese authorities are shutting down btc exchanges!
>price surges
>new ath every other week
>october 2017: Vietnam fines anyone accepting cryptos $9000
>price climbs even higher wtf!
>dec 2017: Steam no longer accepts btc
>next day btc is worth more than ever before
Top kek please keep the bad news coming! I get richer every time

Bitcoin is made to be a longterm store value anyway. How much would the transaction fee be if you physically had to move gold for every transaction? Does that mean gold is useless? No.
There will be paper bitcoins that works on trust instead of having to send the actual bitcoin code every time. Just like the system with paper gold.

>Bitcoin is made to be a longterm store value anyway.
no it's forced into this because it can't handle the transactions of your local supermarket

...

Thats why LTC is taking over payment options. BTC will hold the value and LTC or ETH functionality.

No back to /biz/ you cross contaminating pajeet

stay mad wagecucks. bitcoin is so valuable that the jew corporations can't flip it.

"Paper Bitcoin".

Inb4 Fractional Reserve Bitcoin Banking :^)

Rich in what way? You can't buy anything meaningful with your Bitgoyims. And you can't cash out all at once if you have a significant amount of Bitgoyims. Silly Bitgoy.

You know what's happening tomorrow?

Enlighten me pls, I like to learn

bloomberg.com/news/articles/2017-12-04/cboe-says-it-will-start-bitcoin-futures-trading-on-dec-10

Does this mean an explosion in price or....?

Maybe yes, maybe no. I'm optimistic and holding.

I am not a financial adviser.

HOW DO YOU EVEN CONVERT BITCOIN INTO REAL CASH?

Rich in fiat bux obviously. Of course you can cash out easily unless you have over a mil you're trying to get rid of. Stay poor, faggot!

Transaction fees are a form of regulation.
It regulates how liquid the currency can be.

there are a bunch of different sites
i use litebit.eu. You just give them your banks IBAN, send them the bitcoin, and they send you the money

>owns a bunch of currency that he can't actually do anything with
>thinks he's rich
Sure ok, mohammed.

>ITT no coiners on eternal suicide watch

Why is selling so hard for you to grasp? You don't walk into pizza hut and pay with a gold bar, but that doesn't make it worthless

Did you know that the MEDIA also controls part of the Bitcoin, the MEDIA can make the bitcoin go UP or DOWN by shiting out either NEGATIVE or POSITIVE articles because business men and normal people look at Media for GUIDE

>As of December 6, Steam is no longer accepting Bitgoyim as payment
too easy - just go to your local bank and cash out your bitcoins, then use a cc or buy prepaid cards

Anyone serious about crypto knows Bitcoin has been co-opted by Blockstream = AXA = Bilderberg years ago. They stalled scaling in order to sell conveniently centralized second layer solutions.

Smart money is in ETH.