All the bitcoin millionaires out there are going to be upset. Valve has announced that it will no longer accept payment via bitcoins for its Steam gaming network. The company is stating that the “high fees and volatility” of the cryptocurrency is responsible for their decision.
When Valve introduced the bitcoin payment method associated fees were around $0.20 per transaction. As of now they hover around $20 per transaction. Those fees have to be absorbed by someone. More times often than not they are passed on to the player. This has caused the demand to significantly drop.
It was not an uncommon experience for those that opted for the bitcoin payment [...]
Amazon hasn’t had a very smooth smart in launching into the Australian market. Last week, there were some hiccups that resulted in a false start. Things apparently have been smoothed out and Amazon is set to actually launch.
There has been a lot of coverage about how Amazon may just smash up the brick-and-motor stores in Australia. Much in the same way that it has disrupted the retail legacy in the States. It has yet be seen if it will hold true or not. Australians tend to be more local centered and retailers have developed strong physical consumer bonds with their customers.
While there are fabulous deals to be had at Amazon – there are also some serious [...]
We all know that Sony is working on a new PlayStation 4K, and that Microsoft is hard at work getting their next console together. Console sales continue to decline, and it’s not because of a diminishing AAA game pool. It’s because streaming services are slowly eating market share. The big names behind the hardware realize this and the forthcoming consoles by these manufactures very well could be the last they produce.
No, nobody has come out and officially said: “hey, this is our last console. Get ’em while they’re hot.” However, in a recent interview with Katsuhiro Harada, the Tekken series producer, told the TechTimes, that he [...]
Apple is receiving a distinction of a different kind. Usually, they’re adorned with accolades for their design, simplicity, and marketing amongst others. This time around a noted analyst Ming-Chi Kuo of KGI Securities, is on record for telling investors that Apple is likely to be the only one of the top 5 smartphone producers to see a decline for the year.
He notes that the iPhone 7 won’t have many new features or innovations. The result is that current iPhone owners won’t feel the need to upgrade their phone because the new features don’t justify the expenditure. Sales are only predicted to be between 190 and 205 million units. Most others on Wall [...]