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Valve Denies Steam Trade-in Plans

A post on NowGamer quotes Wedbush Morgan analyst Michael Pachter from an interview talking about the possibility that Valve is working on a way to allow game trade-ins through Steam (thanks Kotaku). Says Pachter: "Steam gives gamers enough other stuff so that they don’t resent the fact they can’t trade in their games. And you know, name all the Steam games that you’ve purchased that you’ve traded back in to somebody else for credit. Steam’s about to let you do that supposedly, you know like trade and exchange, but they’re going to take a fee from it." We contacted Valve for comment on this and received the following response from Doug Lombardi: "Untrue. We've never met with Mr. Pachter."

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30. Re: Valve Denies Steam Trade-in Plans Oct 14, 2010, 18:31 Tumbler
 
Yes, I'm aware, but I don't think he's spreading stuff he KNOWS is false, and trying hurt a company. I think he's just a moron, like in that youtube video

I'm having trouble understanding why this change would hurt the company? When he predicted CoD Black Ops was going to be pay for play, or should be, activision didn't go down, the game pre-orders didn't dry up, and this suggestion is somehow destructive? This would drive more consumers to steam...

Is this like a developer nightmare basically, now that pc gaming has become drm land if steam were to allow trades then they'd be like the gamestop of pc gaming and rob all the profits from you guys and no one would buy new games because there would be thousands of copies available for less on steam? Then you'd have to go back to online activations and running those servers yourselves and then you make less money?

Because that's crazy. Not only did PC games thrive when they could be easily traded but you have another industry that is running past you with retail chains renting, trading, and reselling their games...
 
VGfive.com - Game Trading site (Steam codes too!)
Kickstarter "Game Developer"!
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