Lupe Valdez Is Running for Governor
Texas Democrats have faced uncomfortable questions for months about whether they can field a credible gubernatorial candidate. Dallas County Judge Clay Jenkins reacted to the announcement Wednesday via Twitter, thanking Valdez for her leadership.
The problem stems from the fact that Bitcoin's value is guaranteed only for a short time when making purchases with the cryptocurrency.
"When checking out on Steam, a customer will transfer x amount of Bitcoin for the cost of the game, plus y amount of Bitcoin to cover the transaction fee charged by the Bitcoin network".
Moreover, Valve said that "The high transaction fees cause even greater problems when the value of Bitcoin itself drops dramatically". Ideally, the value of Bitcoin would remain stagnant from the transaction's start to its finish, but recent jumps in the currency's volatility mean that the Bitcoin value of a purchase can rapidly change before some transactions are able to finish.
Essentially the price of Bitcoin moves so quickly, and so dramatically, that it's hard to find a reasonable foothold on what video games will cost. Newer cryptocurrencies such as Bitcoin Cash, Ethereum and Litecoin all offer much lower transaction fees and faster confirmation times than Bitcoin.
If a transaction times out, Steam has previously refunded the user, or asked for further bitcoin to cover the transaction - however both cases result in additional fees charged by the network. There are some major companies, such as Microsoft and DISH, accepting bitcoin payment, but few others have followed suit. Is Bitcoin something users want to be using on a day-to-day basis as digital money, or is it still only functional as a store of value.
Steam's resolutions to this, refunding the payment or asking for a transfer of additional funds, incurs network transaction fee which comes in addition to the base transaction fee. That is unlikely at this point. Bitcoin's bull run in 2017 has been marked by significant dips in price, following events such as China's crackdown on cryptocurrencies and the cancelation of the SegWit2x upgrade (which resulted in a 29% drop in price, followed by an abrupt recovery).
Hunter Pence persuades Giancarlo Stanton to join Giants
San Francisco is looking to bounce back from a surprising season that ended with a last-place finish the NL West at 64-98. He called the pitcher and left-handed hitter an "impressive young man" who will be a two-way player.
Valve might be backing out of Bitcoin support for now, but it said that it might revisit the issue and its impact on the company and the community in the future.
Airlines Ban Smart Bags That Lack Removable Batteries
Some even a motor to propel the bags so that they can double as a scooter or just follow their owner around the airport. But they are powered by lithium ion batteries, which have been known to burst into flames on flights.
Brush fire breaks out in Los Angeles
The wind and the fires are expected to continue whipping up at least until the end of the day on Thursday, said Umansky. If the fire crosses the 405 freeway , it will hit one of the highest priced residential areas of Brentwood, she added.
Blue Angels flying to Myrtle Beach in 2018
The Navy's high performance flight team released its 2019 schedule and the Oceana Air Show is not included in the lineup. The New York Air Show is a wonderful community event, which celebrates the air power of the American military.