Bitcoin Forum

The advent of telegram games has brought a whole lots of  change to the height  ofawareness ever since bitcoins came to existence, this game has revolutionize the participation mechanism, thereby bringing in and teaching new people the value and usefulness of cryptocurrency.
However, it seems, this recent revolution is having or not having a massive impact on bitcoins.
Should we believe that, most people participating in this games are just after what they can earn, is any of them investing on bitcoins?.
Will there presence , have any impact in the nearest future as potential investor in bitcoins.

Telegram games have no effect on the attitude of people investing in Bitcoin. Majority people in my country play these games to earn money and solve their problems while just a minor group play it to earn and buy bitcoins. If altcoins, and shitcoins, and NFTs didn't have any impact on Bitcoin, I wouldn't be too worried about Telegram games. By the way I see these Telegram games like  fad, they are here now and most people are crazy about them. After a while, it will come down and something better or with a higher incentive will take over.

I use Telegram frequently, but I never play the said games. I don't feel comfortable using a messenger app to gamble or to involve cryptos in any way. I am not sure those games are safe, and I don't believe they have any significant impact on the price of Bitcoin. Bitcoin is just fairly popular and known at this point, and it occasionally makes the news because of certain events (like the SEC approval of ETFs in January). As of late, the main reason Bitcoin is getting media attention is the upcoming US presidential elections and how Trump became a pro-Bitcoin candidate.

Op you are making a little misconception about the whole thing. Yes telegram has has recently been one of the most popular medium for the launch of many altcoins. There really is no direct link on how altcoins have helped bitcoin improve lately. Rather it's the other way round. If you observe the era of the launch of altcoins via telegram was during the halving of Bitcoin. This is to say that to a large extent, bitcoin controls all other altcoins indirectly.

Take for example when Germany moved a huge amount of bitcoin in addition to some other speculations at that time , the price drop in bitcoin also contributed to the drop of most altcoins. Infact many launch dates were postponed.

Bitcoin is simply the OG of the crypto space and not the other way round.

These games are just like what faucets have been back in the day when they were popular. Once again faucets were mostly for bitcoin although altcoin faucets did exist.

And I use my telegram for messaging not for gaming, my time is way more precious than that. Bitcoin investors are long term holders who buy at the low and then never sell.

So potential investors? Most likely No.

I agree with the previous answers, these games have not had an impact, in fact it is the other way around: the impact that bitcoin is having on society is what has made some people think about creating these games.

The majority of users of that telegram 'games' are not for crypto. They just want easy money for doing nothing, hamster is the right word for that game

We can't be certain for sure mate. But all we know is that those telegram gamers are just their to claim their free tokens and airdrops. Most of them don't even know that what they are claiming is called airdrop. You hear them saying that they are mining some cryptocurrency on their mobile devices, which is totally wrong. They are not the type to think of investing In other major coins like Bitcoins all they want to do is to claim the free tokens and make quick money. So no, it might not have any impact on Bitcoin. The only good thing is that In some countries where cryptocurrency isn't widely spread or know, the advent of these tap games have brought about a little awareness.

It has no influence in the short term in my opinion, seeing from what is on Telegram indeed, tap-tap games and so on give a lot of attention to ordinary people in knowing the crypto industry, but if some of them study crypto itself it will definitely give them the opportunity to understand bitcoin even if they don't get into the technology but they will learn how bitcoin will provide benefits for someone as a long-term investment tool.

There will be a lot of natural selection, this will be subjective to people who want to learn or not about this industry, but in conclusion in my view, the size of the long-term dala
 This will affect the adoption of bitcoin in the future, because everyone will understand why bitcoin is very valuable and very safe as a long-term investment.

Those who play the game may not be Bitcoin investors and may not want to become Bitcoin investors because they only want to take advantage of any game that can still be profitable for themselves. So I think it will not have a significant impact on Bitcoin because the game via telegram is usually given in the form of altcoin, not directly Bitcoin, although after the altcoin is sold the results can be used to buy Bitcoin. But if those who play the game still don't know Bitcoin, of course they won't immediately buy Bitcoin and become Bitcoin investors for the future.

I have always have this thought that if would Bitcoin had achieved this great impacted values of there was no other cryptocurrencies? It actually feels no because if there are no competition in the development of more Cryptocurrencies, the number of Bitcoin adoptors would not have been so appreciated as it is today.

Reason why is because of we consider reputabilities and potential values, Bitcoin has always been a lead for crypto users which glances Bitcoin more attractive in the crypto industry aftermath there had been much shitcoins and highly volatile other cryptocurrencies which their users feels regret about after investing their funds in due to sudden lost of the coins values while Bitcoin has always maintained substantial values.

So, if the telegram games is most dominance of speculations other cryptocurrencies in the society, to me it creates more paths by which the Altcoin telegram game participants who might be beginners are likely to know the origin of the coin and without mentioning the name of Bitcoin as the first cryptocurrency, then the advent telegram coins has no place of origin.

However, as the speculations of those coins games erupts, so the awareness of Bitcoin is also captioned.
While being aware that beginners are most attracted into the Crypto industry based on speculations, their utmost expectations about a desired coin to invest on is usually Bitcoin even though they landed on Investing on the Altcoins, they lather recall to invest on Bitcoin after possibilities to make their differences.

So, there is no burden that the chances of the telegram crytop games is potential to negatively affect Bitcoin instead the speculations goes along creating Bitcoin awareness.

What I know is earning from P2E games is low, they high likely will use the money to invest in shitcoins to get life changing money. If someone earn quite big amount of money, they will choose to invest in Bitcoin since they're looking for safer investment.

Altcoins doesn't help Bitcoin adoption, instead they're actually discourage people to invest in Bitcoin due to trauma of getting scammed of rug pulled projects.

Bitcoin and altcoins belong to different ecosystems and Telegram is one of altcoin ecosystems.

Altcoins are sensitive to die when cryptocurrency market is no longer bullish and their so-called technical revolutions can become nothing in bear market. This fact about atlcoins has been proven by the past three bear markets. It will continue to be true in future bear market in next market cycles.

You can love Telegram, use it, and love games built on Telegram but don't try to compare it with Bitcoin as they certainly are lower quality than Bitcoin. Bear markets are tough tests for altcoins and they fail with these challenges to survive.

Number of Failed Crypto Coins, by Year (2013-2022) (https://www.visualcapitalist.com/cp/ranked-dead-crypto-coins-by-year/)
https://www.visualcapitalist.com/wp-content/uploads/2023/03/Dead-Crypto-Coins-by-Death-Year-2013-2022-1-1.png

Where is the data to support this theory that play to earn games (P2E) affects bitcoin market? Yes P2E games has brought a lot of attention and new users to Telegram but that does not reflect bitcoin adoption growth rate. This is because P2E games has nothing to do with bitcoin. And people who are interested in tapping their screens to “earn” probably are in the tax bracket that cannot afford to buy bitcoin.

P2E games are more popular in third world countries where the poverty rate is higher than other countries. It is my opinion that people who seriously play these games are doing so because they believe it is their key to wealth. And because NotCoin was a success, it is now easy for people to be convinced that the games can make them rich. Many of the P2E games out there are scams.

Most people who play these telegram games have the mentality of getting rich quickly. They think that the prices of these airdrops or tokens they earn from these games will appreciate to enable them make profit. I have not seen any of these telegram platforms promoting Bitcoin. The majority of them just come up with these attractive packages that promise to make people rich. I am aware that most of these coins will become worthless because the days of free money are over.

These telegram games are just misinforming people about the crypto space. They are simply telling people that they can earn for the crypto industry just by playing games, and I am sure many of them will be disappointed. I think only a few of those who dare to research more about crypto will be able to discover that Bitcoin is the most dependable crypto investment.

You need to remember that this entire market depends on bitcoin, if bitcoin drops in price, no altcoin will be able to increase in price, if bitcoin has problems, the entire market will also have problems. And games on telegram are just altcoin projects, even they are just shitcoins. So you can rest assured that they depend entirely on the movement of bitcoin, they are nothing so they cannot impact bitcoin.

What's happening on the Telegram blockchain as well as temporary trends on other blockchains. This is all just temporary hype that will soon disappear as the altcoin market declines when bear season arrives. Don't value them too highly, remember that they are just altcoins and are only worth speculating on.

I'm not fully convinced Telegram games will move the needle for Bitcoin long-term.  Sure, they've turned a crapload of folks onto crypto.  But c'mon, let's be real - most folks playing are just tryna score some quick cash, not become Bitcoin evangelists.  Will the games drum up some new interest? I guess.  More adoption? Maybe a tad.  Still I gotta believe most users dont end up sticking around once the games lose their luster and  so i wouldn't bet my Bitcoin the games'll have any hugeimpact down the road.  But hey, I've been wrong before.

I think these participants are likely motivated only by potential earnings and don’t invest in Bitcoin. These games introduce people to cryptocurrencies, but the primary focus for many might be immediate rewards rather than building a portfolio. So, for me, their involvement doesn’t influence Bitcoin’s future by converting them into potential investors. The long-term impact on Bitcoin will depend on whether these new participants transition from playing games for rewards to becoming active Bitcoin investors. Time will tell if these players will develop a deeper understanding of crypto and its potential, leading to a sustained interest in Bitcoin.

Yes, they're bringing more people into the crypto world, which is great. These games wont, however, greatly increase the value of Bitcoin. Mostly rather than Bitcoin, these P2E games employ their own coins. They also tend to be more concerned with short gains than with the kind of long-term investment Bitcoin offers. To be honest, at best the security of doing crypto transactions on a messaging app seems dubious.

Therefore, even if these games are clearly bringing a new audience to crypto, this does not always translate into them starting significant Bitcoin investments. And the effects on Bitcoin's price are probably going to be minimal without significant investment. We have to approach this realistically, people.

Well those games in telegram has an impact on Bitcoin if you check those games are played to gain more coin, is just like airdrop, and the level of engagement on it is so high it has made cryptocurrency know to a lot of people and there by making people interested in cryptocurrency, I no several people that started Bitcoin investment or gain interest in Bitcoin because of telegram games.

For me the impact telegram games has brought to Bitcoin is bringing more people to invest in Bitcoin, and we all know that one way in which Bitcoin because more valuable or increase in price is when there are a lot of people engaging or interested in Bitcoin.

This has nothing to do with Bitcoin other than the payment means, and I tell you, the world is evolving, so whether there is Bitcoin or not, since there are also some other digital means of payment, they can serve the same purpose, only that Bitcoin is the most used now. And this can never in any way help the adoption of Bitcoin because it is not about investment but gambling, it's uncertain in their hand.

If you look around you, how many people are gambling and making money from it? This will never make gambling a special means of amassing Bitcoin. Anyone who wants to have enough of Bitcoin will own it in their wallet as an asset.

I don't think anything will happen in the world of Bitcoin and cryptocurrency that we are not seeing yet, it is only a direct investment in them that will count, not the access they provide for gambling.

I see people actually getting into the hype and people say it is bringing in more people into the crypto space which is said to be going to directly affect the investors of bitcoin but I am skeptical about this because my main concern is this are no genuine investors although they could later transcend to be but for now they are not. My biggest concern is the narrative that this people are coming into the market, this people are looking to earn by just tapping there screen which most have clearly assumed that the space has free money to give out, this is not my concern but this could grow into various type of scams been created and it’s certainly going to be a bad name for cryptocurrency and bitcoin.

As for maybe this play2earn narrative will stood the test of time I will say just a single bearish season will reduce this hype, there is hope now as many think the upcoming bull period could have positive impact on them but just as the past altcoin (particularly those ICO hype tokens) died off after the bearish period then will be the same with this also

The advent of Telegram games gives people awareness to altcoins Ton precisely because many of them know nothing about Bitcoin, they only knows how to play the game and how to claim their tokens using Ton network since most of them are on Ton network. Other altcoins too are been recognized especially Solana, but I don’t think they focus on Bitcoin adoption because most of them don’t hold their earnings in Bitcoin.

The game participants are mostly novice to Bitcoin, they have no advance knowledge about bitcoin, they are just after the money and once they made it, they will abandon the promoted project.

The coming of $NOT is the beginning of the telegram base games hype which I am sure will end soon because most of the remaining games are not going as expected.

No doubt, those games, airdrops and everything, participants are after the money. And when the hype is gone, don't expect to stay there. And if they're investing in Bitcoins? probably. It's because that it is a safehaven to keep their profits from those games.

I think so, anything that has something to do with cryptocurrencies and trend. There's a huge chance that most of them are also wanting to hold Bitcoins. And that's why their presence will still have some impact although we're not going to feel it a lot. Perhaps, from those people that are into those games, there can be a small portion of them that are really into BTC as they dream to have it.

You raised an important question here, currently there are millions of users to play telegram games or tap tap to earn. But here the number of new users is the highest and all these users have increased because of YouTubers, they are promoting on YouTube in such a way that people are getting more attracted. If I say from my own area there is no person in my area who does not play this telegram game or tap tap almost every person is seen to tap tap on telegram. But I don't see all these people talking about Bitcoin and they don't know much about Bitcoin because they are not experienced about Bitcoin. However, only 1-2 percent of people know about Bitcoin and are interested in investing. But people who are playing telegram game or earn by tap tap I think they will know about bitcoin sometime and have influence on bitcoin.

99% of people participating in those telegram games are only doing so because of the profit they expect to make and not because they are really interested in Bitcoin or any other altcoin. The recent trend in those telegram games out there doesn't bring any awareness to Bitcoin in any way because the game will not still encourage its participants to invest in Bitcoin. Bitcoin is already popular in all the countries around the world. The only people who are not investing in Bitcoin are those that are in the country where it is banned, and those who have heard about it but haven't shown any interest in researching it and making an investment.