Bullrun is changing the gaming market

[MrSpasybo 1049]

Crypto bullrun is making our lives change. Many office workers quit their jobs to become traders. Many people suddenly became rich by storing a few good tokens since 2017, and TV shows started talking about Bitcoin as digital gold...
And crypto bullrun is also changing the gaming market, in both the negative and the positive direction.

 

+Negative: The price of BTC increases, miners want to expand mining system, the demand for graphics cards spikes. Graphics card prices increased from 30% -50% and still not enough to sell to everyone. Gamers can not have access to the best graphics cards, they are forced to use outdated graphics cards for under $400.

Besides, during the epidemic period, the game shops in Vietnam had no customers and many shop owners decided to take advantage of gaming machines to mine BTC. Surprisingly the profits are even higher than before, they make $150 profits instead of $100 per day without any services more.

 

 

The incident is more serious when the miners decide to buy gaming laptops to mine BTC. And so gamers don't have access to the best hardware for their passion and work.

 

+Positive: perhaps because of the difficulty in gaming market, more gaming platforms received more attention, such as Refereum - a platform where gamers & viewers interact with each other and get rewarded. Refereum's RFR token has grown by 7500% over the past 1 year and is 150% higher than the 2018 ATH.

This could be the first signal for a trend shift in the gaming market.

 

What do you think about this impact of bullrun on gaming market? If you're a gamer, are you satisfied with what your bullrun has to offer? Are you ready to change your gaming & viewing habits? Will blockchain gaming & streaming platforms tokens have great potential in 2021?

[Jack764 1841]

The idea that people in the dungeons go to games and play and thus earn cryptocurrencies. This development brings many people to enter, especially young people. They play without earning and now they are earning.

The idea that people in the dungeons go to games and play and thus earn cryptocurrencies. This development brings many people to enter, especially young people. They play without earning and now they are earning.

The idea of the games market is unique and it attracted many people, especially young people, and they started playing and winning cryptocurrencies and so they used their time with something useful

[MrSpasybo 1049]

4 hours ago, Jack764 said:

The idea that people in the dungeons go to games and play and thus earn cryptocurrencies. This development brings many people to enter, especially young people. They play without earning and now they are earning.

The idea that people in the dungeons go to games and play and thus earn cryptocurrencies. This development brings many people to enter, especially young people. They play without earning and now they are earning.

The idea of the games market is unique and it attracted many people, especially young people, and they started playing and winning cryptocurrencies and so they used their time with something useful

@Jack764 The idea that gamers don't need to invest in equipment and still be able to play games thanks to the configuration of a decentralized computer system has been around for a long time, but no project seems to be able to implement it yet. PlayKey's PKT token has almost lost all of its value.
However, the trend of watching games instead of playing games is very popular and that is why the trend of livestream & Refereum is growing.
At least gamers don't have to spend too much money on the graphics cards 🙂

[kryptonick 2659]

I remember the same was in 2017 with the rise of mining with GPUs. Too many were buying the new released NVidia and there was a big shortage in the market. The miners were buying in bulk. Prices of graphics cards were up a lot and itseems that again the same problem for gamers.

[MrSpasybo 1049]

3 hours ago, kryptonick said:

I remember the same was in 2017 with the rise of mining with GPUs. Too many were buying the new released NVidia and there was a big shortage in the market. The miners were buying in bulk. Prices of graphics cards were up a lot and itseems that again the same problem for gamers.

@kryptonick Crypto market fluctuates every 4 years, and the gaming market is forced to fluctuate every 4 years ^^
I hope new gaming platforms help solve this problem. Blockchain & crypto poses problems for gaming markets, but it is blockchain & crypto that solves the problems of gaming market.
With gaming projects going on in the future, I believe gamers will be able to play games in future without investing in expensive systems.

[Whited35 15285]

On 4/3/2021 at 4:02 AM, MrSpasybo said:

What do you think about this impact of bullrun on gaming market?

Gaming industry is also affected due to bullrun and as you have mentioned in your OP, so many cybers are turning their gaming computers as the Bitcoin and other cryptocurrency mining rigs by adjusting the other hardware components because they have realized how worthy will the mined coins be in the cryptocurrency markets. 

On 4/3/2021 at 4:02 AM, MrSpasybo said:

If you're a gamer, are you satisfied with what your bullrun has to offer? Are you ready to change your gaming & viewing habits? Will blockchain gaming & streaming platforms tokens have great potential in 2021?

Yes, gaming platforms' tokens tokens have the future as the next level's blockchains like EOS has helped them to grow up due to improved scalability and the feeless transactions. As Bitcoin is the central driver to influence the price of tokens, price of gaming tokens might increase even more than our expectations. 

[Dormilon 2183]

On 4/2/2021 at 6:17 PM, MrSpasybo said:

What do you think about this impact of bullrun on gaming market? If you're a gamer, are you satisfied with what your bullrun has to offer? Are you ready to change your gaming & viewing habits? Will blockchain gaming & streaming platforms tokens have great potential in 2021?

@MrSpasybo People must adapt to the changes that their environments suffer, that is a way to survive crises, players have the opportunity to enter the world of games that pay coins and thus take their passion to obtaining modern income, look for a way to be able to bring the two things together, enter the world of cryptocurrencies and gambling, you can always have time for each thing, proposing to be on both sides can generate the satisfaction of obtaining good income in the extent that he does what he likes is to play.

[MrSpasybo 1049]

10 hours ago, Whited35 said:

Gaming industry is also affected due to bullrun and as you have mentioned in your OP, so many cybers are turning their gaming computers as the Bitcoin and other cryptocurrency mining rigs by adjusting the other hardware components because they have realized how worthy will the mined coins be in the cryptocurrency markets. 

Yes, gaming platforms' tokens tokens have the future as the next level's blockchains like EOS has helped them to grow up due to improved scalability and the feeless transactions. As Bitcoin is the central driver to influence the price of tokens, price of gaming tokens might increase even more than our expectations. 

@Whited35 @Dormilon Maybe we will be forced to get used to a new, new era of the gaming industry: Nvidia/AMD will build major PC hubs dedicated to gamers, and thanks to 5G technology, gamers can connect and Use this system to play games instead of having to install the gaming PC. Certainly, gaming projects on blockchain will participate in this ecosystem.
It can be seen as a positive impact of crypto on the gaming market ^^

 

[Whited35 15285]

8 hours ago, MrSpasybo said:

@Whited35 @Dormilon Maybe we will be forced to get used to a new, new era of the gaming industry: Nvidia/AMD will build major PC hubs dedicated to gamers, and thanks to 5G technology, gamers can connect and Use this system to play games instead of having to install the gaming PC. Certainly, gaming projects on blockchain will participate in this ecosystem.

Especially, the latest blockchain technologies are getting tuned with the 5G technology too. According to the pace of foundational technology for the global connectivity, blockchain technology has got the strong support so we are lucky to see the rapid advancements in blockchain technology. AI enabled blockchain will shift gaming industry into the another phase, at least I am sure on it. 

[MrSpasybo 1049]

13 hours ago, Whited35 said:

Especially, the latest blockchain technologies are getting tuned with the 5G technology too. According to the pace of foundational technology for the global connectivity, blockchain technology has got the strong support so we are lucky to see the rapid advancements in blockchain technology. AI enabled blockchain will shift gaming industry into the another phase, at least I am sure on it. 

@Whited35Unfortunately, Russia will not adopt the 5G network, I heard that this band belongs to the information network of the government.
For blockchain AI, it may help projects perfect games better than humans thanks to the powerful capacity of machines and huge data warehouses. It can also help protect the game by destroying spammers or scammers, allocating resources more sensibly, or assisting players more effectively than humans.

[piuri01 446]

What bullrun is doing does not seem like a good idea to me, because many people are going to dedicate themselves to gambling, in order to earn money, instead of studying, learning a trade, and working honestly.

[kyoukage01 3181]

On 4/3/2021 at 6:17 AM, MrSpasybo said:

+Negative: The price of BTC increases, miners want to expand mining system, the demand for graphics cards spikes. Graphics card prices increased from 30% -50% and still not enough to sell to everyone. Gamers can not have access to the best graphics cards, they are forced to use outdated graphics cards for under $400.

Some of the people engaged in PC gaming are already complaining about the recent price spike in PC parts especially GPUs. Supply for parts has become limited already thanks to the pandemic and the crypto mining industry is reportedly hogging most of the more hi-spec GPUs.

 

The result is that with the higher price of GPUs, gamers who can't afford it are sometimes forced to pick up gaming consoles instead. With fewer PC gamers, developers of PC games have to adjust accordingly as well. That would mean less details on the graphics and probably even lesser on the overall quality. What has become the boon for the cryptocurrency industry becomes the bane for the gaming industry.

 

I think this article can explain things better from the gaming industry's point of view.

https://www.extremetech.com/gaming/321456-cryptocurrency-mining-could-destroy-pc-gaming-as-weve-known-it

 

Meanwhile, some GPU manufacturers are already taking steps to address the situation with crypto miners with varying approaches.

https://www.coindesk.com/nvidia-gpu-ethereum-mining-gamers

https://sea.pcmag.com/graphics-cards/42624/amd-we-wont-limit-cryptocurrency-mining-on-our-graphics-cards

 

Personally, I think NVIDIA's approach is more sound. It can be presented as a win-win solution, giving separate GPU products for each industries (crypto mining and PC gaming).

 

Edited April 8, 2021 by kyoukage01

[MrSpasybo 1049]

9 hours ago, kyoukage01 said:

Some of the people engaged in PC gaming are already complaining about the recent price spike in PC parts especially GPUs. Supply for parts has become limited already thanks to the pandemic and the crypto mining industry is reportedly hogging most of the more hi-spec GPUs.

 

The result is that with the higher price of GPUs, gamers who can't afford it are sometimes forced to pick up gaming consoles instead. With fewer PC gamers, developers of PC games have to adjust accordingly as well. That would mean less details on the graphics and probably even lesser on the overall quality. What has become the boon for the cryptocurrency industry becomes the bane for the gaming industry.

 

I think this article can explain things better from the gaming industry's point of view.

https://www.extremetech.com/gaming/321456-cryptocurrency-mining-could-destroy-pc-gaming-as-weve-known-it

 

Meanwhile, some GPU manufacturers are already taking steps to address the situation with crypto miners with varying approaches.

https://www.coindesk.com/nvidia-gpu-ethereum-mining-gamers

https://sea.pcmag.com/graphics-cards/42624/amd-we-wont-limit-cryptocurrency-mining-on-our-graphics-cards

 

Personally, I think NVIDIA's approach is more sound. It can be presented as a win-win solution, giving separate GPU products for each industries (crypto mining and PC gaming).

 

@kyoukage01 Nvidia's access to the crypto market is essential for them because they work to make a profit, not to serve the gaming market alone. However, they should develop separate technologies to limit the influence of cryptocurrencies on the gaming market. Recently, they released code to unlock the performance of the graphics cards, which is not a mistake, it is a deliberate action by Nvidia, because miners are clearly more potential customers than gamers.
Another way is that gamers can use computer hubs to play games over a 5G connection instead of investing in gaming PCs.

[MrSpasybo 1049]

2 hours ago, Bamallson said:

I believe crypto bullrun has, not will, already changed the market especially from January to date. This has also cause the probable obsolescence of GPU's in the entire gaming world. The wind of crypto change is powerful enough.

@Bamallson Obviously gamers are underdogs in the GPU competition, the gamers community needs "fair play", I think we need a solution that is best for both miners & gamers.
@kyoukage01's suggestion is quite good, as GPU manufacturers like Nvidia or AMD have their own technologies and products for each object. So a conflict won't happen: Miners keep earning crypto to sell to gamers ^âm

[kyoukage01 3181]

11 hours ago, MrSpasybo said:

Another way is that gamers can use computer hubs to play games over a 5G connection instead of investing in gaming PCs.

5G connection isn't going to cut it for hardcore gamers. One of the things that drives the development of PC games is the ever-increasing sophistication of graphic designs, something which newer GPU models can handle smoothly. Gamers are not happy with buying older GPUs just because the crypto miners are hogging the newer ones all this time. For them, it would feel like returning back to the graphics of computer games back in the 90's.

 

PC gamers can also rig their units for crypto mining too if they want to, BTW. But if they can't buy the necessary parts due to shortages, then tough luck for them.

 

6 hours ago, MrSpasybo said:

Obviously gamers are underdogs in the GPU competition, the gamers community needs "fair play", I think we need a solution that is best for both miners & gamers.

GPU manufacturers are not going to drop the gaming industry like a sack of potatoes just because the crypto miners offers more demand. PC gaming has always been the loyal clients for years, and the PC gaming market is still quite too sizable to ignore.

 

What should really matter for the moment is that the demand for both the gaming and crypto mining industries are sated. Like what @Bamallson said:

4 hours ago, Bamallson said:

And the only solution is to divide the two market, each with its own product.

Well, that's one solution. AMD's approach of leaving their GPUs for use in both industries however they like is going to work only if they can produce enough for the demand. Which obviously they can't, or else there isn't such a shortage in the first place.

 

NVIDIA's approach meanwhile is going to reach this logical conclusion: the development of a hardware that can prove superior to the current GPUs in the future. If such a hardware can be incorporated into a quantum computer (also in development) that focuses on crypto mining, it will revolutionize the crypto mining industry as we know it.

 

Edited April 9, 2021 by kyoukage01

[MrSpasybo 1049]

17 hours ago, kyoukage01 said:

5G connection isn't going to cut it for hardcore gamers. One of the things that drives the development of PC games is the ever-increasing sophistication of graphic designs, something which newer GPU models can handle smoothly. Gamers are not happy with buying older GPUs just because the crypto miners are hogging the newer ones all this time. For them, it would feel like returning back to the graphics of computer games back in the 90's.

 

PC gamers can also rig their units for crypto mining too if they want to, BTW. But if they can't buy the necessary parts due to shortages, then tough luck for them.

 

GPU manufacturers are not going to drop the gaming industry like a sack of potatoes just because the crypto miners offers more demand. PC gaming has always been the loyal clients for years, and the PC gaming market is still quite too sizable to ignore.

 

What should really matter for the moment is that the demand for both the gaming and crypto mining industries are sated. Like what @Bamallson said:

Well, that's one solution. AMD's approach of leaving their GPUs for use in both industries however they like is going to work only if they can produce enough for the demand. Which obviously they can't, or else there isn't such a shortage in the first place.

 

NVIDIA's approach meanwhile is going to reach this logical conclusion: the development of a hardware that can prove superior to the current GPUs in the future. If such a hardware can be incorporated into a quantum computer (also in development) that focuses on crypto mining, it will revolutionize the crypto mining industry as we know it.

 

@kyoukage01 I agree with your opinion that producers should have separate lines of products for gamers & miners. But when the bullrun season comes, will they stop producing lines for gamers to focus on miners? They are looking for a profit anyway.
I think 5G technology is good enough for gamers to connect with gaming-specific supercomputers. Hundreds of gamers can simultaneously use this system to play games at a cheaper cost, experience better and be absolutely safe from the crypto wave.

[kyoukage01 3181]

7 hours ago, MrSpasybo said:

But when the bullrun season comes, will they stop producing lines for gamers to focus on miners? They are looking for a profit anyway.

Well, if the major GPU-producing companies focus less on gamers and more on crypto miners, other lesser-known competitors will take notice of this and will try to fill the void in the gamers' demand. If the current manufacturers don't want to be ousted from their positions on the gaming market, they'd better do something sooner.

 

Let's just see what will happen with further developments the manufacturers are doing. All we can do at this point is keep on guessing anyway 🙂 . Hopefully both the crypto miners and PC gamers can be satisfied with whatever solution can be offered the quickest possible time.

 

7 hours ago, MrSpasybo said:

I think 5G technology is good enough for gamers to connect with gaming-specific supercomputers. Hundreds of gamers can simultaneously use this system to play games at a cheaper cost, experience better and be absolutely safe from the crypto wave.

But I still fail to see how an improved network connection (5G) can help gamers with subpar GPUs who cannot upgrade to better ones. Some notable PC games with high graphics come with single-player story modes anyway, and there's no way a high-speed internet connection can help with improving the overall graphics of slower PCs for those kind of games.

 

I think I'm starting to focus too much on gaming and less on crypto with the comment above, so let's drop this. How about the positive side of this topic?

On 4/3/2021 at 6:17 AM, MrSpasybo said:

+Positive: perhaps because of the difficulty in gaming market, more gaming platforms received more attention, such as Refereum - a platform where gamers & viewers interact with each other and get rewarded. Refereum's RFR token has grown by 7500% over the past 1 year and is 150% higher than the 2018 ATH.

How about a more detailed explanation on the RFR token? I've already heard about the Enjin coin which also has something to do with the gaming industry, what does the RFR token has to offer?

 

Edited April 10, 2021 by kyoukage01

[MrSpasybo 1049]

16 hours ago, kyoukage01 said:

Well, if the major GPU-producing companies focus less on gamers and more on crypto miners, other lesser-known competitors will take notice of this and will try to fill the void in the gamers' demand. If the current manufacturers don't want to be ousted from their positions on the gaming market, they'd better do something sooner.

 

Let's just see what will happen with further developments the manufacturers are doing. All we can do at this point is keep on guessing anyway 🙂 . Hopefully both the crypto miners and PC gamers can be satisfied with whatever solution can be offered the quickest possible time.

 

But I still fail to see how an improved network connection (5G) can help gamers with subpar GPUs who cannot upgrade to better ones. Some notable PC games with high graphics come with single-player story modes anyway, and there's no way a high-speed internet connection can help with improving the overall graphics of slower PCs for those kind of games.

 

I think I'm starting to focus too much on gaming and less on crypto with the comment above, so let's drop this. How about the positive side of this topic?

How about a more detailed explanation on the RFR token? I've already heard about the Enjin coin which also has something to do with the gaming industry, what does the RFR token has to offer?

 

@kyoukage01 

Thank you for interesting questions.
+ 5G: 5G technology is a technology that connects to the internet, it allows for a high speed and more stable connection. For example I am a gamer, I don't want to invest 2000 USD for a gaming PC with all the best power supply, the best GPU. I only need to pay $50 per month to use the hardware rental service of a company, for example GamePlayCo, to get a very good configuration. I only need to invest in 1 device with 5G connection + mouse + keyboard + screen + medium configuration computer. 5G network will keep connectivity at its best so I can play games on GamPlayCo's computer.

+ RFR: This token focuses on game playing and viewing. Gamers play games and stream to Twitch. Refereum will cooperate with Twitch to broadcast the game on Refereum. Profits from Refereum, through advertising, will be shared to gamers & viewers in the form of RFR token. Thus, RFR can serve the game viewing market quite effectively when not everyone wants to become a gamer.

[kyoukage01 3181]

On 4/11/2021 at 3:19 AM, MrSpasybo said:

+ RFR: This token focuses on game playing and viewing. Gamers play games and stream to Twitch. Refereum will cooperate with Twitch to broadcast the game on Refereum. Profits from Refereum, through advertising, will be shared to gamers & viewers in the form of RFR token. Thus, RFR can serve the game viewing market quite effectively when not everyone wants to become a gamer.

So, is Refereum still limited to Twitch at this time? Youtube would have provided better viewership and thus better profits. But then again, Youtube has a history of being against crypto with that brouhaha from that last time.

 

If the profits gained from selling the RFR tokens prove to be lucrative, it might even help PC gamers in collecting funds for upgrading their hardware to newer and unfortunately more expensive ones. And also in buying more games. That would probably be a fair compensation for some gamers who complain about what the crypto miners have been doing with all their hogging the hardware.

 

Last question 😁 . Do you happen to have a list (or at least know) of other game-related crypto tokens aside from ENJ and RFR? Like crypto tokens that doubles as an ingame currency or something like that?

 

Edited April 16, 2021 by kyoukage01

[MrSpasybo 1049]

10 hours ago, kyoukage01 said:

So, is Refereum still limited to Twitch at this time? Youtube would have provided better viewership and thus better profits. But then again, Youtube has a history of being against crypto with that brouhaha from that last time.

 

If the profits gained from selling the RFR tokens prove to be lucrative, it might even help PC gamers in collecting funds for upgrading their hardware to newer and unfortunately more expensive ones. And also in buying more games. That would probably be a fair compensation for some gamers who complain about what the crypto miners have been doing with all their hogging the hardware.

 

Last question 😁 . Do you happen to have a list (or at least know) of other game-related crypto tokens aside from ENJ and RFR? Like crypto tokens that doubles as an ingame currency or something like that?

 

@kyoukage01Refereum currently only cooperates with Twitch, along with some tournaments of some famous games. I don't know how much profit the gamers will get from Refereum, hope enough for them to upgrade gaming PC. However, in my opinion, Refereum's greatest value is to turn poor gamers into game viewers ^^
In addition to Refereum, as I said, PlayKey with PKT token is also a project in gaming field with the idea of allowing gamers to play games on other people's devices. PKT price has decreased 80% compared to price in ICO.
You can see the list of tokens related to the game here:
https://cryptoslate.com/cryptos/gaming/

[Mella 3680]

I don't care too much about gamers they can save money or buy cryptocurrency instead, this will help us more. There are the playstation and other consoles they can play with and leave the graphics cards for miners. I do not think that any industry cares a lot if hardware is priced higher. The market shortage is at the fault of the producer of gpu like nvidia and ati.

[MrSpasybo 1049]

On 4/23/2021 at 5:53 PM, Mella said:

I don't care too much about gamers they can save money or buy cryptocurrency instead, this will help us more. There are the playstation and other consoles they can play with and leave the graphics cards for miners. I do not think that any industry cares a lot if hardware is priced higher. The market shortage is at the fault of the producer of gpu like nvidia and ati.

@Mella Hahaha, mate, we need to respect the needs of gamers, they play games and become idols for many. It would be better if a young man stayed at home watching games or playing games instead of going out into the street and messing ^^ This belongs to our hobbies and passions, similar to how we are passionate about crypto.
The problem lies in the consensus protocol that the POW blockchain is using, we can apply another consensus protocol like POS.
In some conspiracy theories, Nvidia & AMD are even seen as big whales when they sell hardware and make money, then use the money to buy crypto to create bullrun to increase miners' mining demand. Miners want more hardware to mine, and the loop gets repeated.

[kyoukage01 3181]

On 4/23/2021 at 10:53 PM, Mella said:

I don't care too much about gamers they can save money or buy cryptocurrency instead, this will help us more. There are the playstation and other consoles they can play with and leave the graphics cards for miners. I do not think that any industry cares a lot if hardware is priced higher. The market shortage is at the fault of the producer of gpu like nvidia and ati.

Well, the current GPUs the miners are using wouldn't have been in their current form and performance if it wasn't for years of PC gamers' demand in the first place. Bitcoin's early miners would have been stuck to using slower CPUs for a much longer time if it wasn't for the discovery that gaming GPUs (after then, ASICs) are more powerful mining hardware. So in a way the crypto miners owe the gaming community for that bit.

 

Not that your suggestion is that bad, though 😁 . It's not too late for gamers to learn and earn in cryptocurrencies. And adoption of cryptocurrencies as a payment option for major gaming platforms and companies has been (and still is) a slow process; more gamers using crypto will provide the marketing impetus for further development of current and future crypto coins catering to the gaming community.

 

Edited May 1, 2021 by kyoukage01

[Della Bennet 78]

Yes of course my dear mate, I am also not an expert and even don't have much experience about crypto world. But I have gotten some knowledge that the bull run can change the markets situation anytime. It is the time when the all price goes up and the people whose holding the coins get high profit.

[Merry Cherry 670]

Yes my friend you can say that because almost everything is temporary so sometimes the value of cryptocurrency is high and sometimes the value of cryptocurrency is low so anything can be happened at any time so we should learn everything about Crupto world to earn cryptocurrencies.