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Topic: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven. - page 4. (Read 73510 times)

newbie
Activity: 16
Merit: 0
another batch of fresh updates for community review and discussion

News
  • As the Grin blockchain approaches it's 3rd year genesis day (January 15th) I'd like to reflect on the chains humble beginnings, technical achievements and the herculean efforts to build the protocol as a fair and private store of value capable of full transaction validation from a cell phone. Thanks for being such a great community through it all  Cheesy
Research
Development
    Rustlang
      Ecosystem
      Governance
      The next bi-weekly development meeting is scheduled for Tue Jan 18 @ 10:00 UTC in grincoin#general on Keybase. You can add topics to the agenda & review past meeting notes


      Source:
      #149 Grin Blockchain Genesis Third Years

      newbie
      Activity: 16
      Merit: 0
        Some updates for those following progress with a big thank you going out to the support of the community and to the past and present dedicated engineers for these golden Grins. May the beginning of a new year mark a point of enduring peace and prosperity for all..  Smiley
        and now the News:

        Development:
        Source:
        #148: Together With Friends, Family and a Grin Vacation

        full member
        Activity: 426
        Merit: 212
        What we want is to get rich now, not to wait 5 years to see if we were right or not.

        If you want to get rich now, go play dice. It will take only a second.

        If you can't hold GRIN during these times, you don't deserve the wealth the GRIN holders will get 5 years later.

        Stay strong and have faith in theymos.

        Anticipate too much is not much different from being wrong.

        Who invested in Grin since 2019, surely would rather have waited a bit longer ... the BTC / Grin chart makes it clear.

        In 5 years surely losing Grin will be just one more among a lot of mistakes... but for sure not the worst.
        legendary
        Activity: 3234
        Merit: 2420
        What we want is to get rich now, not to wait 5 years to see if we were right or not.

        If you want to get rich now, go play dice. It will take only a second.

        If you can't hold GRIN during these times, you don't deserve the wealth the GRIN holders will get 5 years later.

        Stay strong and have faith in theymos.
        full member
        Activity: 426
        Merit: 212
        The price of Grin is currently low, but there are several reasons to explain it.

        1st It cannot be compared with BTC, even with its emission in the first years ... first because GRIN is from 2019 ... and second, because whoever buys coins for HOLD does so thinking about future issuance, not for nothing the price of BTC multiplies with each halving. And Grin with its linear emission, discourages HOLD a lot.

        2nd Grin had a spectacular launch, the forum officially adopted it, heavyweights supported it, old school BTC wallet was unfrozen to support it, it was a long-awaited project, with a new approach and technology, really attractive, and with a really high mining difficulty from the beginning. All this hype led to its price being initially high ... very high (The ATH). What has drawn, today, a typical graph of the dump / bump shitcoin.

        3rd It is complicated to use ... or at least, very different from other cryptos, especially if you cannot use statepack. and from the beginning it hasn't been very friendly to resource-poor miners either ... its counterpoint being Monero's CPU mining.

        4th The attack of the 51% who suffered, the possibility of mimblewimble fail ... together with the linear emission, don't invite to invest NOW in it.

        I repeat the price is absurdly low, especially when compared to doggy tokens and similar shit ... but that's the crypto market.

        The main problem is that Grin can be seen as a great investment in the very long term, but it is that nobody looks for that anymore and less with cryptos. What we want is to get rich now, not to wait 5 years to see if we were right or not.
        legendary
        Activity: 3234
        Merit: 2420
        Where is this listed now?

        I'm on the fence of where this is going to go.

        It did everything I forecasted to the letter but I am not sure right now what the future holds.

        I am buying it on KuCoin but last time I checked it wasn't possible to withdraw/deposit Grins. You can always convert your Grin stash to something else and withdraw however.

        I too remember, it was theymos probably, said that it is going to go to 50 cents... and it is hanging there.

        My theory is, theymos is providing the price base there around 30-50 cents and when the sellers get exhausted, it will shoot up but don't count on me. I have been wrong numerous times before.

        legendary
        Activity: 3780
        Merit: 4842
        Doomed to see the future and unable to prevent it
        Where is this listed now?

        I'm on the fence of where this is going to go.

        It did everything I forecasted to the letter but I am not sure right now what the future holds.
        legendary
        Activity: 3234
        Merit: 2420
        I don't know what you are talking about. I am super bullish on grin for the long term. I am constantly DCA'ing it every month. If you are underwater, just buy more. It is on fire sale. If you don't have stronk hands to hold grin, then sell them. You don't deserve the gains neither.

        Like Warren Buffett said: "No pain, no gain."
        hero member
        Activity: 1190
        Merit: 755
        Homo Sapiens Bitcoinerthalensis
        What's wrong with mindrust may I ask?

        This exactly:

        Grin is the future. Buy now or cry later.

        Coming from you, taken with a huge grain of salt.
        No offence buddy - you know the reason.

        PS: My Grin stash is what it is - constantly underwater - so not risking another single sat. Call me a BTC maxi if you must. Wink
        legendary
        Activity: 3234
        Merit: 2420
        Is this the mindrust thread? Oh boy.. Undecided

        What's wrong with mindrust may I ask?

        Grin is the future. Buy now or cry later.
        hero member
        Activity: 1190
        Merit: 755
        Homo Sapiens Bitcoinerthalensis
        Is this the mindrust thread? Oh boy.. Undecided
        legendary
        Activity: 3234
        Merit: 2420
        Grincoin still is not as good as the other privacy options we have out there though and unless there is a big movement to improving the current features I think the excitement of this coin at first is going to disappear quickly. Grincoin is just deprecating in value every day and because of that more people are going to stop using it and move onto something different.
        I did not say Grin coin is the best privacy coin.

        I know Grincoin is still in its high inflation (theymos posted details and his vision about Grincoin).
        What I say is a trend that is very important in crypto market. Do you see anything good with shit meme tokens, $SHIBA, etc.?
        But $SHIBA and other meme tokens rose to the Moon for nothing. They are useless but they rose a lot with a trend initiated by Dogecoin and Elon Musk.

        If Monero soars, it will cause other privacy coins to join, with a trend for privacy coins.
        The problem is Monero is unlikely to make it big in the future because of the exchanges banning it from their platform look at the comment above about why this coin is only listed on two exchanges Grin is hard to get unless you are mining it and I think they will eventually make mining privacy coins illegal which would make Grin and Monero worthless.

        Seems so.

        Most big exchanges list monero because it is one of the OG coins that came into existence way earlier than the others. Monero is kind of like bitcoin and litecoin. These projects don't pay the exchanges so they list them. The exchanges list them because people use them. They hate Monero the most among the coins they list and I can guess why.

        If Grin had any adoption, major exchanges would have listed it already but they won't help Grin to grow its adoption. They'll probably ignore it as long as they can and that means grin may not gain any adoption in the next 10 years.

        Maybe we can see a mega pump to $10 but It may not re-happen. The pump to $2 that we recently had was cool though. From these prices, and it was lower at some point if you look at the charts, it was nearly x6-x8 gains. That gap must have made many people rich.

        Buying at .30-.35 and dumping at $2 looks like a pretty attractive play.
        sr. member
        Activity: 467
        Merit: 578
        Grincoin still is not as good as the other privacy options we have out there though and unless there is a big movement to improving the current features I think the excitement of this coin at first is going to disappear quickly. Grincoin is just deprecating in value every day and because of that more people are going to stop using it and move onto something different.
        I did not say Grin coin is the best privacy coin.

        I know Grincoin is still in its high inflation (theymos posted details and his vision about Grincoin).
        What I say is a trend that is very important in crypto market. Do you see anything good with shit meme tokens, $SHIBA, etc.?
        But $SHIBA and other meme tokens rose to the Moon for nothing. They are useless but they rose a lot with a trend initiated by Dogecoin and Elon Musk.

        If Monero soars, it will cause other privacy coins to join, with a trend for privacy coins.
        The problem is Monero is unlikely to make it big in the future because of the exchanges banning it from their platform look at the comment above about why this coin is only listed on two exchanges Grin is hard to get unless you are mining it and I think they will eventually make mining privacy coins illegal which would make Grin and Monero worthless.
        member
        Activity: 94
        Merit: 10
         First 4 years it seems same inflation period. Anyway it doesnt matter. Demand vs supply if you look at it,its performance is pretty bad. And that asic firms started to adverties MWC instead of GRİN mining,makes me think GRİN Asic sells are bad also.

         Good fundamentals but market doesnt like it. Maybe regulators suppress exchanges secretly  becuz its a privacy coin. i dont see any reason else.
        Check the vision of theymos.
        Grin inflation rates
        Year #Yearly monetary inflation rate
        136500%
        2100%
        350%
        433%
        525%
        620%
        717%
        814%
        1110%
        215%
        343%
        When 99% of people on the market think Grincoin is death, it will rise. Where we are now? I think it is good to accumulate, do DCA and hodl it in a next 4 years.

        When most people are tired and gave up, price will increase amazingly. It is how the crypto market works.




        https://twitter.com/NHASH_mining/status/1417331529110327299

         Asic seller updated their algo to 31 for mining MWC.
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