What will be the next big industry move? - page 7.

paxmao

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Quote from: Lucasgabd on March 31, 2022, 10:33:06 AM

have you considered that attention span is smaller and smaller each year
with social media websites like tik tok getting big being able to focus and having an attention span longer than 10 minutes it's already a superpower nowadays
tik tok is reducing it to 15 seconds

do you think this may end up making people more prone to gambling and addicting activities or shouldn't be a correlation here?

You are right, the young have a tendency to use only fast and simple media content, they do not even bother to read, it has to be someone telling them stuff in youtube or, even better for the teenagers if it is someone saying short and stupid things in Tik Tok. I guess the gambling industry will have a challenge ahead about figuring out how to design games that fit into that tendency.

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Quote from: Lucasgabd on March 31, 2022, 10:33:06 AM

have you considered that attention span is smaller and smaller each year
with social media websites like tik tok getting big being able to focus and having an attention span longer than 10 minutes it's already a superpower nowadays
tik tok is reducing it to 15 seconds

do you think this may end up making people more prone to gambling and addicting activities or shouldn't be a correlation here?

I think it's a false correlation. If you look at the "competition" of services that offer ever shorter and more and more moronic videos for the appropriate audience, then naturally you will see a reduction in the focus time. But judging by the Netflix statistics, the series are not becoming less popular (rather the opposite), the duration of feature films is constantly growing (now it is hard to find at least some serious film shorter than two hours). Here we see the opposite trend, right?
As for the fact that modern people very quickly change the focus of attention and move from one to another, a consequence of the fact that in the modern world information flows are fast and endless. These are necessary skills now, but they do not mean that a person cannot concentrate on one thing when he needs it.

Silberman

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Quote from: Lucasgabd on March 31, 2022, 10:33:06 AM

have you considered that attention span is smaller and smaller each year
with social media websites like tik tok getting big being able to focus and having an attention span longer than 10 minutes it's already a superpower nowadays
tik tok is reducing it to 15 seconds

do you think this may end up making people more prone to gambling and addicting activities or shouldn't be a correlation here?

This is without a doubt a problem that is slowly getting bigger and no one is giving to it any attention, however it is not only the attention span that is a problem, the ability to memorize new knowledge is also decreasing at an incredible speed, there was a time in which people knew the telephone numbers of all their family members and friends, now many people do not even know their own number, people do not even bother to learn anything because they know that they can get an answer to their questions if they make a Google search, so without a doubt this could make them more prone to some psychological issues and addictions as well.

Smartprofit

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Quote from: Silberman on March 28, 2022, 03:52:12 PM

Quote from: Smartprofit on March 27, 2022, 04:22:35 AM

Yes, digital currencies have a huge advantage over traditional assets.

The Russian government has accumulated huge stocks of gold bullion. However, due to sanctions and border closures, all these assets are almost impossible to sell. You can’t take a truckload of gold bars to the border with China to exchange them for xiaomi smartphones....

It is even more difficult to replenish a deposit with gold bars in an online casino.

Bank accounts can be easily blocked. With regard to them, it is easy to introduce various restrictions on the use of funds.

Cryptocurrency is devoid of many of the disadvantages of traditional financial assets.

And this is why decentralized cryptocurrencies are the future, governments are trying every single weapon they have at their arsenal to try to avoid this but they are realizing they cannot destroy them so they are trying to deceive the population by releasing their own coins, and while I think they will be somewhat successful in deceiving people, they cannot deceive us, and since those coins are based on the same ideas behind fiat then they will eventually fail giving decentralized cryptocurrencies the opportunity to become a real alternative to the fiat system.

People have a need for decentralized world money.

Gold is very inconvenient to store. Gold (coins and bars) is not suitable for daily transactions.

National fiat currencies (cash and non-cash money) can be subject to sanctions and economic wars. People need money that is guaranteed to be out of politics.

Such money is bitcoins and other cryptocurrencies based on the PoW consensus algorithm.

This is why so many online casinos allow you to make deposits in these cryptocurrencies. In my opinion, this trend will continue in the future.

Lucasgabd

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have you considered that attention span is smaller and smaller each year
with social media websites like tik tok getting big being able to focus and having an attention span longer than 10 minutes it's already a superpower nowadays
tik tok is reducing it to 15 seconds

do you think this may end up making people more prone to gambling and addicting activities or shouldn't be a correlation here?

michellee

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Quote from: Lucasgabd on March 30, 2022, 08:16:59 AM

have you watched Ray Dalio's video on the changing world order?
He seems pretty confident that the next empire to dominate the world will be China

Not all people agree with him, of course, some think we'll have a crypto standard
and others think the US will be able to remain on top, I think this is not the most likely cenario
we'll see

what do you think?

Everything will evolve following the world's demands, but we can not know what will happen in the future. Some people predict a new world will come to us in the next few decades. While we face war, hunger, and many else that could lead to people's demonstration, that can change the whole world, especially if that happens in many places. The US power and domination can not remain forever and it can replace anytime with the other country that wants a change.

Quote from: Pamadar on March 30, 2022, 08:22:14 AM

Younger generation's curiosity will bring them in, this kind of feature will attract new breeds

they are more on trying new offers that may benefit them, not only with the easiness of the platform but also to try
how this new integration to existing system will let them enjoy more playing inside the site who will adopt and use this
system. More on how to add excitement while playing your favorite game while using new technology.

That's because the curiosity of the younger generation for new things is very high. With all the existing facilities, it will make it easier for them to learn new things, which can cause many industries to change. It has become like a new way of enjoying life and with new technology that can help them, it will change the way they view what is happening and try to adapt to the surrounding environment.

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Quote from: michellee on March 29, 2022, 08:27:44 PM

Quote from: Mahanton on March 29, 2022, 04:52:14 PM

Now that this pandemic starts to diminish then we couldn't tell if the interest would really be just the same but considering that tech do evolves and other things attached to it speaking with innovation then
expect that there would be always a market or demand into this even though it would not be an assurance on what level of demand would able to reach out but much sure it would really be something to be
that anticipate or expect which will be resulting into positive feedback.

People's interest in following technology will always be there and they want to participate in it and that will happen to the younger generation who are curious about new technology. And it will make the market or demand will always be there for them and in that industry, even though the amount of demand will go up and down, it will attract people who don't know the details about the technology. Every industry is also always trying new things to satisfy the interest of its members and attract new members.

Younger generation's curiosity will bring them in, this kind of feature will attract new breeds

they are more on trying new offers that may benefit them, not only with the easiness of the platform but also to try
how this new integration to existing system will let them enjoy more playing inside the site who will adopt and use this
system. More on how to add excitement while playing your favorite game while using new technology.

Lucasgabd

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Quote from: Smartprofit on March 29, 2022, 04:34:46 PM

Yes, the Russian government seeks to destroy the international financial system (by undermining confidence in international legal and financial institutions).

I don't approve of this. I believe that it is necessary to follow the path of evolution, not revolution.

The traditional financial system is based on the petrodollar (the sale of oil and gas for US dollars). China is promoting its currency - the yuan and the Chinese digital yuan (CBDC).

Perhaps in the future, the yuan will be widely used to replenish deposits in online casinos.

The weaker the US dollar, the stronger the Chinese yuan.

have you watched Ray Dalio's video on the changing world order?
He seems pretty confident that the next empire to dominate the world will be China

Not all people agree with him, of course, some think we'll have a crypto standard
and others think the US will be able to remain on top, I think this is not the most likely cenario
we'll see

what do you think?

madnessteat

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Quote from: Smartprofit on March 29, 2022, 04:34:46 PM

Yes, the Russian government seeks to destroy the international financial system (by undermining confidence in international legal and financial institutions).

I don't approve of this. I believe that it is necessary to follow the path of evolution, not revolution.

The traditional financial system is based on the petrodollar (the sale of oil and gas for US dollars). China is promoting its currency - the yuan and the Chinese digital yuan (CBDC).

Perhaps in the future, the yuan will be widely used to replenish deposits in online casinos.

The weaker the US dollar, the stronger the Chinese yuan.

Previously it was profitable for the Russian government to sell oil for dollars which had a negative impact on the price of the ruble. Now that Russia has become cut off from most of the world economy and the dollar has become useless in the foreign market since the possibility of payment has been stopped it is beneficial for the government to strengthen the ruble. That is what we have been observing for the last week. This is quite logical action on the part of the ruble issuer to support the national currency.

michellee

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Quote from: Mahanton on March 29, 2022, 04:52:14 PM

Now that this pandemic starts to diminish then we couldn't tell if the interest would really be just the same but considering that tech do evolves and other things attached to it speaking with innovation then
expect that there would be always a market or demand into this even though it would not be an assurance on what level of demand would able to reach out but much sure it would really be something to be
that anticipate or expect which will be resulting into positive feedback.

People's interest in following technology will always be there and they want to participate in it and that will happen to the younger generation who are curious about new technology. And it will make the market or demand will always be there for them and in that industry, even though the amount of demand will go up and down, it will attract people who don't know the details about the technology. Every industry is also always trying new things to satisfy the interest of its members and attract new members.

Mahanton

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Quote from: michellee on March 29, 2022, 01:02:08 AM

Quote from: CDC AP on March 28, 2022, 01:01:12 PM

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

This pandemic has made almost all businesses adjust to the situation and conditions. The presence of NFT and Metaverse is considered to be at the right time because it can provide entertainment or, more precisely, another way for people to earn income. And this is also seen by the gambling industry as a way to get more members and implement attractive programs to attract new customers. If they can be successful with the program, that means the income for the casino can go up and their number of members will also increase.

Now that this pandemic starts to diminish then we couldn't tell if the interest would really be just the same but considering that tech do evolves and other things attached to it speaking with innovation then
expect that there would be always a market or demand into this even though it would not be an assurance on what level of demand would able to reach out but much sure it would really be something to be
that anticipate or expect which will be resulting into positive feedback.

Smartprofit

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Yes, the Russian government seeks to destroy the international financial system (by undermining confidence in international legal and financial institutions).

I don't approve of this. I believe that it is necessary to follow the path of evolution, not revolution.

The traditional financial system is based on the petrodollar (the sale of oil and gas for US dollars). China is promoting its currency - the yuan and the Chinese digital yuan (CBDC).

Perhaps in the future, the yuan will be widely used to replenish deposits in online casinos.

The weaker the US dollar, the stronger the Chinese yuan.

Lucasgabd

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There's no need to be upset

Quote from: Smartprofit on March 27, 2022, 04:22:35 AM

Quote from: molsewid on March 24, 2022, 10:00:29 AM

Quote from: Smartprofit on March 24, 2022, 07:36:23 AM

Currently, the global financial system is in the process of transformation.

Traditional fiat money is depreciating. World inflation is very high. The US dollar is losing its status as the main world reserve currency.

There is an active process of creating central bank digital currencies (CBDC). Large IT companies are also actively creating their own funds.

What currency will online casinos use in the future (bitcoin, CBDC, stablecoins or fiat money)?

I don't have a definitive answer to this question.

Yes and I believe with that also mate that the global finance system is now in the process of transformation from traditional gold and fiat currency now were in digital world, and digital currencies are now in golden era. I don't know if it is right to say right now but let's think about it, in the current war situation between Ukraine and Russia we have heard a lot of news that people from the two countries are accessing a digital currency, buying cryptos because they know that crypto especially bitcoin is very good choice to divert their finances.

Yes, digital currencies have a huge advantage over traditional assets.

The Russian government has accumulated huge stocks of gold bullion. However, due to sanctions and border closures, all these assets are almost impossible to sell. You can’t take a truckload of gold bars to the border with China to exchange them for xiaomi smartphones....

It is even more difficult to replenish a deposit with gold bars in an online casino.

Bank accounts can be easily blocked. With regard to them, it is easy to introduce various restrictions on the use of funds.

Cryptocurrency is devoid of many of the disadvantages of traditional financial assets.

I think most casinos will use a mix of fiat and crypto and both will coexist
but of course there'll be fiat only and crypto only as we see today

I heard an opinion for the first time last week, that the sanctions for russia marked a new era for the dollar, where the world saw that it may not be the best place to park assets, since it's not censorship resistant.

livingfree

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Quote from: CDC AP on March 28, 2022, 01:01:12 PM

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

People have been used to be living in virtual world while we're at the pandemic and this sensation is going to stay I guess forever.

Relating to gambling and NFT/metaverse, it's the most common thought that you'll see if it's connected to gambling. But until now, only a few casino I've seen that are into it.

And majority of them stays traditional and don't have any word to say about the speculations that everybody has.

michellee

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Quote from: CDC AP on March 28, 2022, 01:01:12 PM

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

This pandemic has made almost all businesses adjust to the situation and conditions. The presence of NFT and Metaverse is considered to be at the right time because it can provide entertainment or, more precisely, another way for people to earn income. And this is also seen by the gambling industry as a way to get more members and implement attractive programs to attract new customers. If they can be successful with the program, that means the income for the casino can go up and their number of members will also increase.

Silberman

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Quote from: Smartprofit on March 27, 2022, 04:22:35 AM

Yes, digital currencies have a huge advantage over traditional assets.

The Russian government has accumulated huge stocks of gold bullion. However, due to sanctions and border closures, all these assets are almost impossible to sell. You can’t take a truckload of gold bars to the border with China to exchange them for xiaomi smartphones....

It is even more difficult to replenish a deposit with gold bars in an online casino.

Bank accounts can be easily blocked. With regard to them, it is easy to introduce various restrictions on the use of funds.

Cryptocurrency is devoid of many of the disadvantages of traditional financial assets.

And this is why decentralized cryptocurrencies are the future, governments are trying every single weapon they have at their arsenal to try to avoid this but they are realizing they cannot destroy them so they are trying to deceive the population by releasing their own coins, and while I think they will be somewhat successful in deceiving people, they cannot deceive us, and since those coins are based on the same ideas behind fiat then they will eventually fail giving decentralized cryptocurrencies the opportunity to become a real alternative to the fiat system.

CDC AP

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Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

Smartprofit

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Quote from: TheGreatPython on March 28, 2022, 03:54:33 AM

Quote from: Pamadar on March 26, 2022, 11:49:34 AM

if gamer will be allowed to interact with influencers, especially those well-known names.

The chance to bring more people to the sites is very possible, as we know that some if not all gamer are also a fan of known personalities
giving them a chance to talk or to have some time with their favorite star will bring them to keep coming back.

Not sure, but that's a good way to give gamer / participant assurance that influencers are really playing and using the site/platform.

That's going to happen because drake will soon start his own stream. I saw that ad in stake. We know that in streams a fan or a follower can interact to those who are in streaming and for them to get noticed easily they can send gifts or use premium feature of the streaming site. I think drake haven't done something like this before? Streaming in public.

This thing is only possible because of stake. Partnerships from a known brand or personality usually happens on sports in real life but for online casinos and sportsbetting sites that are cryptocurrency based, they are still rare so indeed this can be the next big thing in this industry.

Yes, partnership with well-known bloggers and TV presenters is very important for any online casino.

Any casino needs advertising and PR. Advertising allows you to attract new customers to your business. PR allows you to draw attention to the company and its business.

Such cooperation would be beneficial to both parties. This is a typical example of symbiosis (which is very common in the animal and plant kingdoms).

Many modern companies cooperate with bloggers.

Why shouldn't online casinos do the same?

TheGreatPython

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Quote from: Pamadar on March 26, 2022, 11:49:34 AM

if gamer will be allowed to interact with influencers, especially those well-known names.

The chance to bring more people to the sites is very possible, as we know that some if not all gamer are also a fan of known personalities
giving them a chance to talk or to have some time with their favorite star will bring them to keep coming back.

Not sure, but that's a good way to give gamer / participant assurance that influencers are really playing and using the site/platform.

That's going to happen because drake will soon start his own stream. I saw that ad in stake. We know that in streams a fan or a follower can interact to those who are in streaming and for them to get noticed easily they can send gifts or use premium feature of the streaming site. I think drake haven't done something like this before? Streaming in public.

This thing is only possible because of stake. Partnerships from a known brand or personality usually happens on sports in real life but for online casinos and sportsbetting sites that are cryptocurrency based, they are still rare so indeed this can be the next big thing in this industry.

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Quote from: Oasisman on February 23, 2022, 06:09:54 AM

Quote from: delfastTions on February 23, 2022, 02:24:32 AM

That's what I thought, and it's true, playing in a traditional physical casino should not be compared with playing in an online casino.
There is a completely different atmosphere, the air itself, the smell from the gambling tables, the audience, different sounds, and so on, all this creates completely different conditions and feelings for the players.
And an online casino is some kind of parody of a real casino, or rather, it is a simplified version for those who like to sit at home and gradually lose their cryptocurrency or fiat.

I recommend everyone to try a real casino at least once to feel the difference.

Online casino ain't a parody, you call it innovation. Especially during the rise of pandemic, casino owners needs to find a way to continue their business even with the current health crisis.
Well, I agree that physical casinos are better than online casino based on the player experience and atmosphere. However, it will always be the users preference on which casino he's comfortable with.

Right. It's more of an innovation that is designed to give you more convenience to gamble even at the expense of your home. Especially in times of pandemic, all entertainment are now played at homes for safety and security reasons. However, its still best to play in a traditional or physical casino because you can see your real opponents and the fear and the excitement to win or lose is really there, unlike for online casino where the atmosphere is quite boring. That is why most of the gamblers still want to go out from their houses so they can watch and play in a traditional casino.

Topic: What will be the next big industry move? - page 7. (Read 4746 times)