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Author Topic: What will be the next big industry move?  (Read 4705 times)
mrongoz_imut
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March 08, 2022, 08:36:57 AM
 #661

Issues about metaverse and NFT looks drop right now and I think not any development again between gambling site and metaverse where have been hype last two months, I think gambling industry right now have been completed and looks not any upgrade need like add NFT or metaverse site on gambling, but looks good trend if gambling industry allowed with some thing have been popular right now but have function when added NFT on gambling industry for the future and not just few moment only before metaverse and NFT not popular again.

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March 08, 2022, 01:07:35 PM
 #662

Everyone is speculating on NFT and the metaverse might be the next industry move and I agree, however, no one is speculating on the hyperdollarization of the gambling industry in the cryptospace through stablecoins. Also not only USDT or USDC, also decntralized stablecoins like DAI, TUSD and others too. I mentioned this before, if there was a smart owner of a gambling site, he would begin accepting stablecoins now while the cryptospace is under a bear market.

really good take
dollar-pegged coins will probably grow up in terms of % of total dollars in existence and may be a good option for those who want no exposure to crypto volatility (only exposure to fiat volatiliy, but this is a different story)

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March 08, 2022, 07:50:50 PM
 #663

Everyone is speculating on NFT and the metaverse might be the next industry move and I agree, however, no one is speculating on the hyperdollarization of the gambling industry in the cryptospace through stablecoins. Also not only USDT or USDC, also decntralized stablecoins like DAI, TUSD and others too. I mentioned this before, if there was a smart owner of a gambling site, he would begin accepting stablecoins now while the cryptospace is under a bear market.

really good take
dollar-pegged coins will probably grow up in terms of % of total dollars in existence and may be a good option for those who want no exposure to crypto volatility (only exposure to fiat volatiliy, but this is a different story)
Stable coins usage would really be just good on making yourself able to avoid about on crypto volatility but it isnt really that good on putting up your assets on stablecoin form even though this is pegged with fiat value
but when it comes to security then i dont think that it would really be still that ideal but for now this is the best thing that you could possibly do on easily switch up from stable coin into crypto.
About next cryptocurrency move then it would really vary and depends a nd this is something that we couldnt predict.

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March 08, 2022, 08:40:56 PM
 #664

I have heard the view that because the pandemic ends, all "virtual" entertainment will enter a bear market as people return to walking, traveling - their normal lives. The pandemic created enormous pressure on people and, one might say, forcibly pushed them into the virtual world, now this pressure is disappearing and many will not stay in it.
If I were an investor in the metaverses (medium term), then probably now I would rather sell my assets. In addition, the ongoing war seems to make the world's population even poorer (inflation on energy and food), so "virtual" needs will fade into the background, since there will be enough money only for basic ones. Thoughts?

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March 09, 2022, 05:15:08 AM
 #665

Everyone is speculating on NFT and the metaverse might be the next industry move and I agree, however, no one is speculating on the hyperdollarization of the gambling industry in the cryptospace through stablecoins. Also not only USDT or USDC, also decntralized stablecoins like DAI, TUSD and others too. I mentioned this before, if there was a smart owner of a gambling site, he would begin accepting stablecoins now while the cryptospace is under a bear market.

really good take
dollar-pegged coins will probably grow up in terms of % of total dollars in existence and may be a good option for those who want no exposure to crypto volatility (only exposure to fiat volatiliy, but this is a different story)

Tether and USDC hyperdollarized the exchanges of the cryptospace. DAI, Terra and other decentralized stablecoins are hyperdollarizing Defi. I reckon other forms of services in the cryptospace that handles money should also follow. They cannot let their users coins become $1.00 tomorrow and be $0.50 on the next day hehehe. A cryptogambling service with stablecoins and Defi features will certainly be a big industry move.

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March 09, 2022, 08:21:56 AM
 #666

Yes, all people on our planet could become poorer this decade. 

There are many geopolitical problems in the world today. 

Supply chains are torn apart by wars and sanctions.  To create a metaverse, you need powerful servers and special devices.  This requires new microchips and new generation electronics.  To create all this, rare earth metals, palladium, etc. are needed. 

Geopolitical disunity hinders the creation of infrastructure for the Metaverse. 

And this means that in the near future we may not see new gambling in the virtual space.

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March 09, 2022, 09:21:10 AM
 #667

NFT as capital to gamble would be the main thing.   Virtual items tradable and of some market value being gambled is not a new prospect, this would just be an expansion of that trend.   The infrastructure to do that being there would probably profitable for quite a few that facilitate such possibilities.   Its already been tried, some failed, some have been a big success but the main thing for me always is ease of use and liquidity to the process if thats there then it can be massive.

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March 09, 2022, 09:54:08 AM
 #668

" Interest in NFT and metaverse drops: Google Trends

Based on data from Google Trends, searches for the words "NFT" and "metaverse" dropped sharply in February. They fell by 68% and 64%, respectively.

Also, over the past week, NFT's trading volume dropped by 32%. Now it amounts to $407 mln. "




Source: https://t.me/incrypted/12642

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March 09, 2022, 12:44:47 PM
 #669

Everyone is speculating on NFT and the metaverse might be the next industry move and I agree, however, no one is speculating on the hyperdollarization of the gambling industry in the cryptospace through stablecoins. Also not only USDT or USDC, also decntralized stablecoins like DAI, TUSD and others too. I mentioned this before, if there was a smart owner of a gambling site, he would begin accepting stablecoins now while the cryptospace is under a bear market.

really good take
dollar-pegged coins will probably grow up in terms of % of total dollars in existence and may be a good option for those who want no exposure to crypto volatility (only exposure to fiat volatiliy, but this is a different story)
Stable coins usage would really be just good on making yourself able to avoid about on crypto volatility but it isnt really that good on putting up your assets on stablecoin form even though this is pegged with fiat value
but when it comes to security then i dont think that it would really be still that ideal but for now this is the best thing that you could possibly do on easily switch up from stable coin into crypto.
About next cryptocurrency move then it would really vary and depends a nd this is something that we couldnt predict.

oh, yes, I know that and you know that
all fiat has no true value, with so much printing their value will go to zero
but for some reason there's people who wants to be exposed to fiat rather than crypto, so now they have an option, with a slightly bigger degree of risk with stablecoins than bons on cash directly... due to smart contracts, regulators, etc...

.
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March 09, 2022, 07:49:43 PM
 #670

" Interest in NFT and metaverse drops: Google Trends

Based on data from Google Trends, searches for the words "NFT" and "metaverse" dropped sharply in February. They fell by 68% and 64%, respectively.

Also, over the past week, NFT's trading volume dropped by 32%. Now it amounts to $407 mln. "




Source: https://t.me/incrypted/12642


Yes, there is such a trend ...

At present, the Covid-19 pandemic is on the decline.  People dream about real life (travel, entertainment, sports competitions, biennials, theaters, exhibitions). 

At the same time, geopolitical tensions are on the rise.  Wars start, sanctions are imposed.  The price of oil and natural gas rises.  Global inflation is on the rise.  The focus of people's attention is moving away from the virtual world to the real world. 

I think in the near future people will play less online casinos and be less interested in NFTs and the metaverse.

.
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March 09, 2022, 07:52:30 PM
 #671


Yes, there is such a trend ...

At present, the Covid-19 pandemic is on the decline.  People dream about real life (travel, entertainment, sports competitions, biennials, theaters, exhibitions). 

At the same time, geopolitical tensions are on the rise.  Wars start, sanctions are imposed.  The price of oil and natural gas rises.  Global inflation is on the rise.  The focus of people's attention is moving away from the virtual world to the real world. 

I think in the near future people will play less online casinos and be less interested in NFTs and the metaverse.
You would definitely say like this because each trend would really be having a particular duration depends if a certain demand would able to meet up but if not then expect that these kind of declines
would surely happen and it is true that people do much prefer on personal real world experience and engagement rather than focusing with digital even though this industry is inevitable but there
would be a specific market for that but in most time we do much prefer on personal experience.

R


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March 09, 2022, 08:29:24 PM
 #672

" Interest in NFT and metaverse drops: Google Trends

Based on data from Google Trends, searches for the words "NFT" and "metaverse" dropped sharply in February. They fell by 68% and 64%, respectively.

Also, over the past week, NFT's trading volume dropped by 32%. Now it amounts to $407 mln. "




Source: https://t.me/incrypted/12642

I don't know about NFT, but this trend for the metaverses looks like a collapse in my opinion - spring and summer are ahead. The pandemic is over and now most people will return to real life and the topic of the metaverses will recede to tenth roles in priority. It is difficult to say when they will become relevant again, but definitely not in the next year - people still have enough impressions from ordinary life that they have lost the habit of.

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March 09, 2022, 09:10:45 PM
 #673

Everyone is speculating on NFT and the metaverse might be the next industry move and I agree, however, no one is speculating on the hyperdollarization of the gambling industry in the cryptospace through stablecoins. Also not only USDT or USDC, also decntralized stablecoins like DAI, TUSD and others too. I mentioned this before, if there was a smart owner of a gambling site, he would begin accepting stablecoins now while the cryptospace is under a bear market.

I will discourage the use of USDT, maybe the use of DAI will encourage adoption, but I will stay away from anything related to Tether.
Gambling and licensing can be complicated at times, and Tether has the ability to freeze any USDT on any address if they feel you are a threat. It's possible that Tether will freeze USDT on a gambling website if a user complains that they didn't provide him with decent service or that he lost money for any reason and wants his money back.
To avoid all of these issues, a small amount of decentralization is also required in gambling, and I believe DAI should be included in both deposits and withdrawals.

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March 09, 2022, 11:10:54 PM
 #674

Yes, there is such a trend ...

At present, the Covid-19 pandemic is on the decline.  People dream about real life (travel, entertainment, sports competitions, biennials, theaters, exhibitions). 

At the same time, geopolitical tensions are on the rise.  Wars start, sanctions are imposed.  The price of oil and natural gas rises.  Global inflation is on the rise.  The focus of people's attention is moving away from the virtual world to the real world. 

I think in the near future people will play less online casinos and be less interested in NFTs and the metaverse.
I think for gambling, there's no exact phenomenon on it. People will always gamble at anytime that they want but for NFTs and metaverse, I agree that the hype is also declining.
As we get back to our old lives, there's still a little interest in it when they're seeing the numbers that it projects. But the actuality of it is declining and people are losing interest on it because just as what they think about bitcoin being expensive, they're also thinking of it that purchasing or anything related to nft is expensive.

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March 09, 2022, 11:24:40 PM
 #675



Recently, people spent a lot of time on the Internet and virtual reality.  

This was due to the global pandemic of the Covid-19 coronovirus.

People did not travel, did not visit friends and acquaintances, did not visit theaters and restaurants.  Therefore, people spent a lot of time exploring virtual reality.  

The coronavirus pandemic is currently on the decline.  People are now more interested in the real (living) reality.  Therefore, now the development of the Metaverse will slow down.  

However, this does not mean that the process of creating the Metaverses will stop or reverse.
That is a great statement, in these times is when they have more affinity towards the digital, in fact everything that is happening in the world of the war drums of Russia and Ukraine is becoming more and more acute and they will have the world in a clear pressure and this will keep many people on the internet and trying to look for jobs there, teleworking is already a fact and therefore one of the things that most arise are the casinos, the bookmakers because it is what shines the most in a moment of crisis.

The metaverses are the great hope for many games, among which the NFTs are also focused, which have mostly had a very bad reputation, if things are done well I think the metaverses are the solution to everything.

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March 10, 2022, 02:20:19 AM
 #676

" Interest in NFT and metaverse drops: Google Trends

Based on data from Google Trends, searches for the words "NFT" and "metaverse" dropped sharply in February. They fell by 68% and 64%, respectively.

Also, over the past week, NFT's trading volume dropped by 32%. Now it amounts to $407 mln. "




Source: https://t.me/incrypted/12642

This is not very shocking if everyone will consider that the cryptospace always a hype and pump stage that has always been followed by a fud and dump stage later in this cycle. It is very much similar as ICOs and Defi. However, did ICOs and Defi die? No they became important parts of the continued existence of cryptospace and its culture. NFTs will become part of this culture too, I reckon.

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March 10, 2022, 07:00:51 AM
 #677

^

ICOs have moved to safer sales on trading floors and fraud has not been as widespread in the DeFi sector. Undoubtedly they will become part of the culture and will be used further. In my opinion, people who invest their money in NFT and metaverses should understand that not every project will be brought to what is written in the white paper. Right now you have to be cautious about such investments.

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March 10, 2022, 07:46:36 AM
 #678


Recently, people spent a lot of time on the Internet and virtual reality.  

This was due to the global pandemic of the Covid-19 coronovirus.

People did not travel, did not visit friends and acquaintances, did not visit theaters and restaurants.  Therefore, people spent a lot of time exploring virtual reality.  

The coronavirus pandemic is currently on the decline.  People are now more interested in the real (living) reality.  Therefore, now the development of the Metaverse will slow down.  

However, this does not mean that the process of creating the Metaverses will stop or reverse.
Over the past two weeks, the global situation has changed perhaps even more seriously than during the pandemic.  You all know why. 

And all this will lead to serious economic consequences for millions, if not billions of people.  So the topic of the development of metauniverses, NFT and other modern technologies will obviously slow down.  Consequently, the development of innovations in the field of online gambling will also slow down. 

And in general, I think this topic of the metaverses is too bloated and advertised by fans of it technologies.
  And don't take this topic too seriously.

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March 10, 2022, 08:03:48 AM
 #679

There is a possibility that the NFT trend has started to fall if you look at the results from Google trends and another trend may appear to replace the NFT trend. It has happened many times before and if this is indeed the end of NFT and Metaverse, maybe we need to get ready for a new trend to emerge.

Maybe it's time for bitcoin and altcoins to bounce back while waiting for a new trend to create a stir like the previous trend. But if you look at market conditions, it seems the market has also moved down. Is it possible the current downturn in the market has caused the NFT and the metaverse to also go down?



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March 10, 2022, 08:45:52 AM
 #680

In my opinion, the use of DAI in the gambling industry would be a big breakthrough. 

Decentralized online casinos are a very promising topic.  At the same time, it seems appropriate that decentralization be introduced at all levels of the system.  For example, the online casino itself can operate in the form of a DAO (Decentralized Autonomous Organization). 

At the same time, rates can be in DAI.  This will allow online casinos to be included in the digital decentralized finance system. 

Such a system would be more secure from abuse by regulators.

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