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Author Topic: What is your perception about crypto games?  (Read 463 times)
ultrloa
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September 06, 2023, 03:19:40 PM
 #41

There are varied crypto games we tend to be fond of that does rely on bullrun to maintain playbase. Another words they perform fine in bull market.

What are your views or perceptions about such games.

If you mean NFT games much better if you move this thread on altcoin discussion since this topic is not all about gambling.

But rather to answer your question is that what we can expect if the ecosystem is built on hype that's the reason why they are only good while bull run is occuring and they turn bad when market is on bearish state. So better learn to familiarize them and don't hype by any news about them since even if there's positive update if market is down most of those crypto games will experience a downfall.

R


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September 06, 2023, 03:20:52 PM
 #42

There are varied crypto games we tend to be fond of that does rely on bullrun to maintain playbase. Another words they perform fine in bull market.

What are your views or perceptions about such games.

Can you give examples of the games which you think depend upon the bull market? If you are talking about gambling games (and it should be gambling games as we are in the gambling discussion section), then none of the games depends upon the bull market.

However, some of the gambling sites have their native tokens and they are very low in price in the current bear phase. So if you invest in those tokens now and those gambling sites survive at the time of the bull season, then for sure, you will get a lot of return on investments, depending upon how much you accumulate the gambling token and at which price.

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September 06, 2023, 04:12:43 PM
 #43

Were there certain games that you've observed that don't have a good performance since you mentioned the bull run and how it looked like during that time? Please specify as well if these "crypto games" you're saying are the actual ones that we get from the casinos.

There's the confusing terms that we're using on this space that when you say that, you can possibly talking about the NFT or games that allows you to earn crypto or tokens and the same goes for these gambling games. The perception that you might have been asking varies on person to person based on what it is but to prolong the discussion, you just need to discuss and clarify some things.
I am not by any means trying to advertise any these but for the sake of clarity to the discuss. Here's a link to the crypto games am asking  https://dappradar.com/tag/play-to-earn?gclid=Cj0KCQjwgNanBhDUARIsAAeIcAts-Xvi1wiZkpPs0kENByxgj5oQkaHB69EinhmXwpX6thewvaq-0UEaArkQEALw_wcB
Many of us are confused of what you are trying to point out. A gambling game which is dependent with bullrun? Others have guessed it right, it is more likely Play to earn games wherein tokens are the main prize in which value increases as well. Not quite familiar with the game you are talking about but I have tried playing some p2e games last year so I kinda get your point.

On my end, I think I'd pass with such concept. One reason is bigger risk. If it is a gambling p2e game, you will have to deal with the risk of losing in game and risk of losing whenever the market price is falling. But since bullrun is mentioned, still a no. There's no guarantee that all coins would have a high price during bullrun, what's assured is majority. So what if it don't?

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September 06, 2023, 04:31:43 PM
 #44

Were there certain games that you've observed that don't have a good performance since you mentioned the bull run and how it looked like during that time? Please specify as well if these "crypto games" you're saying are the actual ones that we get from the casinos.

There's the confusing terms that we're using on this space that when you say that, you can possibly talking about the NFT or games that allows you to earn crypto or tokens and the same goes for these gambling games. The perception that you might have been asking varies on person to person based on what it is but to prolong the discussion, you just need to discuss and clarify some things.
I am not by any means trying to advertise any these but for the sake of clarity to the discuss. Here's a link to the crypto games am asking  https://dappradar.com/tag/play-to-earn?gclid=Cj0KCQjwgNanBhDUARIsAAeIcAts-Xvi1wiZkpPs0kENByxgj5oQkaHB69EinhmXwpX6thewvaq-0UEaArkQEALw_wcB
Many of us are confused of what you are trying to point out. A gambling game which is dependent with bullrun? Others have guessed it right, it is more likely Play to earn games wherein tokens are the main prize in which value increases as well. Not quite familiar with the game you are talking about but I have tried playing some p2e games last year so I kinda get your point.

On my end, I think I'd pass with such concept. One reason is bigger risk. If it is a gambling p2e game, you will have to deal with the risk of losing in game and risk of losing whenever the market price is falling. But since bullrun is mentioned, still a no. There's no guarantee that all coins would have a high price during bullrun, what's assured is majority. So what if it don't?
If play to earn concept get it's second chance of it being a trend on the next bull market, I think that quality play to earn games would be the one who will rise. People learned from the past that trash quality game and bad tokenomics is destined to fail even if it gets its temporary hype.

Did you guys pertaining to casino games? I believe it's a completely different from paly to earn games that got it's popularity last bull market. Play to earn games has an in-game token reward and casino games reward you the cryptocurrency you are using to bet.
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September 06, 2023, 07:09:37 PM
 #45

I don't understand very well either what OP means. Maybe he is referring to, linked to this, the idea that if you gamble you gamble and that's it, but if you gamble with crypto your are gambling twice (the play itself, plus the volatility which can make a loss recoverable thanks to other gains or a victory worthless because of a dump).
I didn't understand what the OP meant either, but it doesn't matter which crypto he uses to gamble. They are all similar, differing only in transaction fees and the price of each coin.

What you said is correct; gambling with crypto feels like gambling twice. However, it becomes more stable when using USDT for gambling, which is not that risky and better at some points. Personally, I prefer gambling with USDT although most of the time I use Bitcoin.
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September 07, 2023, 09:15:49 AM
 #46

There are various gaming websites that accept crypto as payment method. But you need some little correction op. Those online crypto gaming platform does not only depends on bullrun to maintain their playbase, it is not like they close their platform in bear market to avoid loss? Those platforms are run whole years, don't care about bull or bear. They don't accept random altcoins what will downfall, they use to accept only btc eth and usdt as crypto payment method. Bull season is always profitable for them but during bear session, they convert other crypto into usdt to avoid loss, if need. so no problem

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September 07, 2023, 10:40:43 AM
 #47

There are varied crypto games we tend to be fond of that does rely on bullrun to maintain playbase. Another words they perform fine in bull market.

What are your views or perceptions about such games.
Crypto games is another way we can explore the market with play and earning the same time. There are lots of play to earn games in the market we can play and enjoy which all depends on the amount we are using to make the bet. The Crypto world is becoming intriguing everytime with new innovations into the gambling world making users to keep having a better experience and earning the same time. It is very certain that with time, there will be more different kind crypto games that will be available for gamblers to play and try there luck to win and earn profits.

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September 07, 2023, 05:34:02 PM
 #48

There are various gaming websites that accept crypto as payment method. But you need some little correction op. Those online crypto gaming platform does not only depends on bullrun to maintain their playbase, it is not like they close their platform in bear market to avoid loss? Those platforms are run whole years, don't care about bull or bear. They don't accept random altcoins what will downfall, they use to accept only btc eth and usdt as crypto payment method. Bull season is always profitable for them but during bear session, they convert other crypto into usdt to avoid loss, if need. so no problem
It will be difficult for us to choose the games because if they depend on the bullish season, then when the bearish season comes and closes the game, what happens to the investors or the players? Will they make a loss or can they still play the game while waiting for the bullish season to come again?

If that's the case, it's unlikely the game will get attention from people because they won't be able to play comfortably due to bullish and bearish markets. And when the market is bearish, they just leave the game like that. Whatever the market conditions, the game must survive so that people can still play it comfortably and prepare themselves for more tokens or rewards in the form of BTC, ETH or other coins.
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September 07, 2023, 08:31:20 PM
 #49

There are varied crypto games we tend to be fond of that does rely on bullrun to maintain playbase. Another words they perform fine in bull market.

What are your views or perceptions about such games.
I don't think so that crypto games or crypto gambling rely in bull run or bear run but their performance will depend on how good their service was. My perception about them is that they are fun and they are a great addition in the crypto world, making crypto more in demand but we only need to be careful on them, as they are addictive.

Our goal must only be to play for fun and not to lose a lot of money or destroy our lives. If we want to make money, crypto investing and crypto trading can mainly provide it better because skills and knowledge can matter here. It wasn't controlled by a single entity only like gambling where they can manipulate the results easily.
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September 07, 2023, 08:59:38 PM
 #50

There are varied crypto games we tend to be fond of that does rely on bullrun to maintain playbase. Another words they perform fine in bull market.

What are your views or perceptions about such games.
I don't think so that crypto games or crypto gambling rely in bull run or bear run but their performance will depend on how good their service was. My perception about them is that they are fun and they are a great addition in the crypto world, making crypto more in demand but we only need to be careful on them, as they are addictive.

Our goal must only be to play for fun and not to lose a lot of money or destroy our lives. If we want to make money, crypto investing and crypto trading can mainly provide it better because skills and knowledge can matter here. It wasn't controlled by a single entity only like gambling where they can manipulate the results easily.
Yes, its a business venture that could run whatever the market condition it would be.On owners perspective or pov then profitability might really be that affecting them specially on the coins that they are stashing but it would really be basing up on fiat value but if they would be tending to hold then it wont really be such an issue or a huge problem.They are running a business and it would really be just that right that they would really be affected with those ups and downs in the market but it doesnt really come into a point that they would be halting up their operation which we know that as long there would be gamblers who would really be making use of their platform then they would really be definitely be able to earn more than in crypto value since the market had declined on a bear market and on the time that the market will really be making some change trend then it would really be adding up some nasty increase of their capital or revenue when that happens. The only key on here is that as long they do have players or someone who do play into their platform then that what surely counts.

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September 07, 2023, 09:15:06 PM
 #51

There are varied crypto games we tend to be fond of that does rely on bullrun to maintain playbase. Another words they perform fine in bull market.

What are your views or perceptions about such games.
I don't think so that crypto games or crypto gambling rely on bull runs or bear runs but their performance will depend on how good their service is. My perception about them is that they are fun and they are a great addition in the crypto world, making crypto more in demand but we only need to be careful on them, as they are addictive.

Our goal must only be to play for fun and not to lose a lot of money or destroy our lives. If we want to make money, crypto investing and crypto trading can mainly provide it better because skills and knowledge can matter here. It wasn't controlled by a single entity only like gambling where they can manipulate the results easily.

I don't think gambling casinos are fully affected by the volatility of the market. They remain standard no matter what the crypto prices are which I think is still an advantage to crypto casino players.
Maybe it does affect those who keep their funds in exchanges and casino wallets but when it comes to betting, the same currency goes around the casino regardless of the coin's current value. Some gamblers prefer to avoid gambling during the bullish season and just take their funds as a profit after storing it in the casino wallet but the action could be taken depending on the perception of a gambler.
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September 07, 2023, 09:46:20 PM
 #52

There are varied crypto games we tend to be fond of that does rely on bullrun to maintain playbase. Another words they perform fine in bull market.

What are your views or perceptions about such games.
Whatchu mean PERFORM?? like paying winnings on time and managing the casino in general? The bull market doesn't affect the performance of any gambling site... atleast if what you refer to as the word "performance" is the same with what I have in context.
It's Known that in every business, there is a season to make profits and definitely, a season to lose... I'm not gonna say they lose during bull market buh, the definitely not gonna be a tremendous sales yunno...

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September 07, 2023, 09:54:03 PM
 #53

There are varied crypto games we tend to be fond of that does rely on bullrun to maintain playbase. Another words they perform fine in bull market.

What are your views or perceptions about such games.
What now? Crypto games aka NFT games? You're in the wrong section then, this goes to the altcoin discussion. If you mean gambling games, then just no. Their player base isn't really influenced by anything except for their marketing strategies, KYC laws, and in general how good or ass their support can be. The coin they use itself doesn't really matter. It does not affect the gameplay, heck the games are very simple in itself, dice, crash, slots, etc. Enlighten us OP as to what these games are, just so that you know, I can actually avoid them if they are a casino game.

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September 07, 2023, 09:57:47 PM
 #54

Were there certain games that you've observed that don't have a good performance since you mentioned the bull run and how it looked like during that time? Please specify as well if these "crypto games" you're saying are the actual ones that we get from the casinos.

There's the confusing terms that we're using on this space that when you say that, you can possibly talking about the NFT or games that allows you to earn crypto or tokens and the same goes for these gambling games. The perception that you might have been asking varies on person to person based on what it is but to prolong the discussion, you just need to discuss and clarify some things.
I am not by any means trying to advertise any these but for the sake of clarity to the discuss. Here's a link to the crypto games am asking  https://dappradar.com/tag/play-to-earn?gclid=Cj0KCQjwgNanBhDUARIsAAeIcAts-Xvi1wiZkpPs0kENByxgj5oQkaHB69EinhmXwpX6thewvaq-0UEaArkQEALw_wcB
Many of us are confused of what you are trying to point out. A gambling game which is dependent with bullrun? Others have guessed it right, it is more likely Play to earn games wherein tokens are the main prize in which value increases as well. Not quite familiar with the game you are talking about but I have tried playing some p2e games last year so I kinda get your point.

On my end, I think I'd pass with such concept. One reason is bigger risk. If it is a gambling p2e game, you will have to deal with the risk of losing in game and risk of losing whenever the market price is falling. But since bullrun is mentioned, still a no. There's no guarantee that all coins would have a high price during bullrun, what's assured is majority. So what if it don't?
Almost certain he is talking about blockchain, p2p games in general. And he is actually right, because those games perform well when we are near or inside a bullish market. Then we have many games pumping their native tokens, players' base increasing exponentially in a daily basis and a lot of hype over those games, especially at news' portals related to crypto content. The best example we have is Axie Infinity, and even though the game still exists, is playable and there are people developing it, the popularity has decreased immensely.

Probably on the next bull run we are going to have another games getting popular, and of course one of them will rise as the favorite one, but players and investors have to keep in mind it's just a temporary hype, like the previous ones. So, be careful when putting large sums of money on it, and preferentially, just adopt the game if you think it has an enjoyable gameplay.

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September 07, 2023, 10:02:02 PM
 #55

it's still trading, not a game. I think it has goods to trade right? like you buy bitcoin when bullish it has transactions, it's not like a game that really means you spend your money just to play even though you are offered benefits from the game, whether it's in the form of money or items in the game it's still not something you can own like personal stuff, it remains in the realm of that game.
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September 16, 2023, 11:54:17 AM
 #56

There are varied crypto games we tend to be fond of that does rely on bullrun to maintain playbase. Another words they perform fine in bull market.

What are your views or perceptions about such games.
Your question is quite obscure to answer. I suggest that you're mentioning about the next bullrun cycle of crypto market. And I think the cryptocurrency market is not a game anymore. It's gradually following the financial market, and maybe in few years later it can be affected directly to the financial market and large organizations. And with any market all have bear and bull period times, it's really normal, bear periods is a base time to built up the next bullrun periods.

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September 16, 2023, 12:07:55 PM
 #57

it's still trading, not a game. I think it has goods to trade right? like you buy bitcoin when bullish it has transactions, it's not like a game that really means you spend your money just to play even though you are offered benefits from the game, whether it's in the form of money or items in the game it's still not something you can own like personal stuff, it remains in the realm of that game.
Even though it was a trade, it seemed like someone was making it into a gamble. They win and get their money by guessing where the bitcoin is moving and if the guess is correct. And maybe it will be more interesting for gamblers because they have to be able to analyze price movements correctly to win. And maybe someone will be interested in playing it.

But if you refer to @OP's reply, it is a Play to Earn game. I'm not familiar with such games and have never played them. For now, I don't want to play it. But it seems like there are people who are still playing it so they can get the rewards.

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September 16, 2023, 01:23:38 PM
 #58

But if you refer to @OP's reply, it is a Play to Earn game. I'm not familiar with such games and have never played them. For now, I don't want to play it. But it seems like there are people who are still playing it so they can get the rewards.
Play to earn game is already dead from the last year, although we can still play such game but if you hope you can make money from it, you can't. This is because there are too many people and the valuable item is unlimited, this make the price always decrease and then become worthless.

Pretty much like shitcoins where you can stake your coins in order to earn more coins, but the price of the coins are keep decreasing.

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September 17, 2023, 05:57:53 AM
 #59

Play to earn game is already dead from the last year, although we can still play such game but if you hope you can make money from it, you can't. This is because there are too many people and the valuable item is unlimited, this make the price always decrease and then become worthless.

Pretty much like shitcoins where you can stake your coins in order to earn more coins, but the price of the coins are keep decreasing.
I guess so. But maybe there are still people still interested in playing it, not because of the rewards, income, or anything else. Well, maybe they feel the game is still fun and they can enjoy the game well.

When a trend is over, it is abandoned by people so they wait for another trend that can provide something useful for them. Apart from that, they may collect prizes from the game while hoping that one day, they can get big profits again.

We also can't force them to abandon something they like just because another has replaced the trend. It depends on them and maybe they will follow other trends.

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September 17, 2023, 09:04:38 AM
 #60

Crypto gaming allows players to exchange real money for virtual coins at the start of their gaming session which they can exchange for real money at the end of their session. This means that the winnings are not paid out in real money, but in the same virtual currency that players deposited at the beginning of their session. While these are good at the beginning, they are risky later on. The value of cryptocurrencies can be highly volatile leading to unpredictable fluctuations in the value of virtual assets. Gamers investing time and resources in these assets may face potential windfalls due to market volatility. As the price of bitcoin and ethereum coins go up and down you can only win more but it is impossible to avoid losses if you risks while playing.



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