Users frequently report performance and stability issues with these versions:
Today, you can buy GTA IV on Steam for $19.99. It will launch, log you into the Rockstar Launcher, and run at a steady 60fps. But somewhere on an old external hard drive, or buried in a Discord channel’s “#archives” tab, the rip still waits. No social club. No updates. No license. Gta IV -Rip-.7z
“Running from the mission? There is no pause in real life, Niko.” log you into the Rockstar Launcher