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Bitcoin is no Longer Accepted as Payment on Steam

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As of today, Steam will no longer support Bitcoin as a payment method on the platform due to high fees and volatility in the value of Bitcoin. This highly controversial post against cryptocurrency has been made officially by Steam on a community page post.

They bring up a little bit of insight about their decision as a whole. In the past few months, there was an increase on the volatility in the value of the currency. Not only that, but there was an increase in the fees to process transactions on the Bitcoin network.

This basically contrasts into a more difficult process to buy games. Mostly because the amount of fees increases to a higher point than expected. Making this a huge profitability issue especially when the value of Bitcoin itself drops dramatically.

The value of the cryptocurrency is only guaranteed for a certain period of time so if the transaction doesn’t complete within that window of time, then the amount of Bitcoin needed to cover the transaction can change. The amount it can change has been increasing recently to a point where it can be significantly different.

At this point, Valve is left with one of two situations, either make a repayment to the user, or ask the user to transfer the remaining funds to balance things out. This is a lose/lose situation for both of the involved parties. To make matters worse, this has been a repeated case that’s seen an increase on incidents.

At this point, it has become untenable to support the currency as a payment option. It simply is unreasonable to make transactions that are this finicky without having to suffer from struggles where neither the user nor Valve themselves win.

As such, Bitcoin payments have been suspended from the store. However, Steam may re-evaluate whether or not Bitcoin makes sense to them and the Steam Community. Valve will also focus to resolve any pending issues with other customers suffering issues with Bitcoin transactions.

I always wanted to be a journalist who listens. The Voice of the Unspoken and someone heavily involved in the gaming community. From playing as a leader of a competitive multi-branch team to organizing tournaments for the competitive scene to being involved in a lot of gaming communities. I want to keep moving forward as a journalist.

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Over 2,900 PS5 and PS4 games are now on sale at the Epic PS Store

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It’s that time again when Sony unleashes a flood of discounts, offering nearly 3,000 games and add-on packs to tempt your wallet. There is a wide variety of standout options available, such as Monster Hunter World, priced at just £7.99, and the Deluxe Edition of Lies of P, now at a reduced price of £44.99.

These are a few of the impressive deals we came across while exploring the PS Store:

  • Goat Simulator 3: £12.49
  • Insurgency Sandstorm Gold Edition: £35.99
  • Lost Judgment: £12.49
  • My Hero One’s Justice 2 Ultimate Edition: £13.19
  • Persona 5 Royal: £24.99
  • Resident Evil Village: £13.99
  • Riders Republic Skate Edition: £14.99
  • Watch Dogs Legion Gold Edition: £12.74

Several of these deals are at all-time low prices, and as you may have observed, many of these packages come with extra DLC packs and content. Kindly be advised that the article will be updated with US pricing once it is available.

Meanwhile, has anything piqued your interest? Check out the PS Store for any current discounts, and share your findings in the comments below.

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SMT 5: Vengeance Reveals Extended Trailer, Physical Pre-Orders Available for PS5

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The newly announced Shin Megami Tensei V: Vengeance will be available on PS5 and PS4 this June, offering PlayStation players the opportunity to delve into the demonic RPG that was previously only on Nintendo Switch. Atlus has unveiled the physical editions available for pre-order for PS5 (PS4 pre-orders will be digital only), along with an extended cut trailer.

The physical standard edition, priced at $59.99, will be offered in a SteelBook variant. Additionally, all pre-orders include two in-game items: a Gleam Grenade for dealing a small amount of damage and the Haraedo Bead for restoring a small amount of HP to all allies. Both have unlimited uses in combat.

Moreover, there will be a $69.99 Digital Deluxe Edition offered, featuring DLC aimed at providing a smoother start for players in this challenging game, along with a couple of Demon Subquests.

  • Shin Megami Tensei V: Vengeance base game
  • Downloadable Content: Mitama Dance of Wealth
  • Downloadable Content: Mitama Dance of EXP
  • Downloadable Content: Mitama Dance of Miracles
  • Demon Subquest: Sakura Cinders of the East
  • Demon Subquest: Holy Will and Profane Dissent

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What are your thoughts on SMT 5: Vengeance? Do you intend to purchase a copy? Feel free to share your thoughts in the comments section below.

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Tekken 8’s upcoming Tekken Shop will offer a variety of paid and free content exclusively on PS5

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Bandai Namco has confirmed that the Tekken Shop in the upcoming Tekken 8 will offer a mix of paid and free content. Premium items will be purchasable using a currency known as Tekken Coins. The Tekken Shop will undergo monthly updates, with the developer emphasizing that the intention is to enhance the competitive fighter with new customization items rather than solely for financial gain. However, there is no reason why it cannot be both.

Revealed in a recent Tekken Talk Live stream, chief producer Yasuda Esports shared some of the upcoming features for the Tekken Shop, seemingly aiming to address any potential criticism proactively. “It has been reported that certain individuals may experience an adverse response upon encountering the term’shop”; however, the focus remains on enhancing the game by introducing new customization options to maintain its appeal.”

According to Mr. Esports, the format will be similar to Tekken 7, and the focus is on improving the game experience rather than just making a profit.

Do you think Bandai Namco is establishing the Tekken Shop to maintain the game’s appeal, generate revenue from microtransactions, or perhaps a combination of both? Feel free to share your thoughts in the comments section below.

 

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