[url]http://www.destinythegame.com/digital-upgrade[/url]
The upgrade you're referring to is for digital purchases only and only lasts until January 15th. Talk to your retailer to see if it's possible to get a refund and then simply buy a digital version for your PS3, you won't lose your game progress.
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Hey thanks for your answer was just curious about it Thanks man :)
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I can second this and agree. Worst case scenario turn it in or sell it online and lose some of the value.