a few days ago you were arguing we need to keep the casino effect in full power, now you're arguing on keeping a low profile?
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a few days ago you were arguing we need to keep the casino effect in full power, now you're arguing on keeping a low profile?
@razvanelulmarin You ever walk out of a casino with fistfulls of cash?
Keep the casino effect, we all have a certain chance of making a post that hits the bigtime that's all the casino effect is.
Having the world know how much money you've earned is not the casino effect, it's walking naked down a dark alley with fist fulls of cash in the wrong end of town.
@williambanks I think part of the casino effect is knowing that other people win big. if you don't know that this happen, how could you ever think that it could happen to you?
Don't get me wrong, i'm actually not a big fan of the casino effect and not a big fan of the perfect transparency. I agree with dana on this one, i'd like a way to make the value of the posts, even the wallet be harder to see from the interface.
thank you for your answer, man! and great post b t way.
@razvanelulmarin Your welcome and thank you for enjoying my posts. It means a lot to me.
The casino effect as I understand is actually a primary psychological driver based on a random payout schedule.
People put money in slot machines not because they think others have won big, but because they think they will win on that next pull.
It sounds like six of one and half a dozen of the other but these are different. One is get them in the door with promises of big cash prizes. That's just marketing and might properly be called the lottery effect. You can't win if you don't play.
The other is keep them playing with small random rewards and the occasional largish payout. This is the casino effect... If I keep playing I win more.
There are people here who think the lottery effect draws people here, it does but not really the right kind of people. These people give up quickly, become disillusioned and then sell their account to botters or put up a bot themselves because frankly they got bored.
For most normal people, seeing gigantic payouts on the front of the page will trigger their critical thinking skills and causes them to think that this is a scam somehow. If you look at my very first blog post you'll see where I explain my conversion process because I was one of those people. Seeing dan's name on the whitepaper made me a believer. I disagreed with some concepts, still diagree with some concepts, but I know I can aire my disagreement without being ostracized.
Having him call my post insightful and that he was impressed with my stance, validated my feelings. Disagree or not, the chance to know that you can reach out across the internet and get people to think long and hard about things that are important to me is the real casino effect at play here, the money is just really nice to have.