Grin Observer - GRN/BTC - Price Movement and Discussion - page 14.

bbc.reporter

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Quote from: Cryptotourist on October 30, 2019, 02:14:57 AM

Quote from: bbc.reporter on October 29, 2019, 10:40:06 PM

@Cryptotourist. The monetary policy's description and what Grin's emission was supposed to be and its effect on price is written on github. I already shared it in this thread many times.

Grin's infinite emission was desired to remove the moon math.

Yes, I've read it many times, but arguably moon math is not a feature of a coin.
I read somewhere - Lauda I think it was - that Grin would have been better off, if the Dev's weren't so greedy.
I can relate to that, maybe theymos warnings for $0.5 Grin had something to with that also.
Not many coins I know of have cratered like this after birth.

#

Quote from: e-coinomist on October 29, 2019, 06:56:26 AM

Hasn't been made for "Hodlers", more about owners of classical GPU mining rigs.

Yeah, still bashing my head for not keeping that 0.1BTC for 30 mined Grin or so, at the beginning of the year.
I had to reinvest itand more Tongue

The developers are greedy? No, the developers are trying to fix the greed advantage of early adopters through infinite emission. Anyone holding Grin is down in bitcoin and fiat.

@HairyMaclairy. $0.50 on December hehehe.

HairyMaclairy

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1000 sats / 91 cents and all is well

Cryptotourist

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Quote from: bbc.reporter on October 29, 2019, 10:40:06 PM

@Cryptotourist. The monetary policy's description and what Grin's emission was supposed to be and its effect on price is written on github. I already shared it in this thread many times.

Grin's infinite emission was desired to remove the moon math.

Yes, I've read it many times, but arguably moon math is not a feature of a coin.
I read somewhere - Lauda I think it was - that Grin would have been better off, if the Dev's weren't so greedy.
I can relate to that, maybe theymos warnings for $0.5 Grin had something to with that also.
Not many coins I know of have cratered like this after birth.

#

Quote from: e-coinomist on October 29, 2019, 06:56:26 AM

Hasn't been made for "Hodlers", more about owners of classical GPU mining rigs.

Yeah, still bashing my head for not keeping that 0.1BTC for 30 mined Grin or so, at the beginning of the year.
I had to reinvest itand more Tongue

bbc.reporter

legendary

Activity: 3010

Merit: 1460

@Cryptotourist. The monetary policy's description and what Grin's emission was supposed to be and its effect on price is written on github. I already shared it in this thread many times.

Grin's infinite emission was desired to remove the moon math.

Hueristic

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Doomed to see the future and unable to prevent it

Quote from: CjMapope on October 29, 2019, 04:30:55 PM

With ETH getting closer and closer to PoS, just wait till that happens to see what GRIN price does Shocked

2 million+ GPUs are going to be looking for something new to mine...
GRIN may have separate algos for GPUs and ASICs, but they share one market price

Ever hear of a difficulty retargeting algorithm? Ethereum has been moving to {P}iece {O}f {s}hit for years and has failed at every corner so no need to fud here. Everyone knows what this coin is worth and where its heading.

Quote from: Globb0 on October 29, 2019, 09:17:52 AM

ASICs are planned here unlike Monero

Yes, having an asic plan from the beginning and choosing the easiest solution for those asic makers to manufacture is a great way to plan ahead as miners will not get blind sided and you shouldn't have to worry about adversarial attacks with magnitude of order strength.

CjMapope

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With ETH getting closer and closer to PoS, just wait till that happens to see what GRIN price does Shocked

2 million+ GPUs are going to be looking for something new to mine...
GRIN may have separate algos for GPUs and ASICs, but they share one market price

Hueristic

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Doomed to see the future and unable to prevent it

Quote from: Cryptotourist on October 29, 2019, 01:58:30 AM

I really thought that 0.0002 would hold. Now at ~ 0.0001, well, shiiit.
Been underwater all the way.

Maybe I didn't get - after all - Grin's monetary policy. Lips sealed

I surely didn't listen to the charts.

Thats OK, we all live and learn and what doesn't kill us only makes us stronger (or crippled!) but there will be time for you to cost average back into a healthy profit once the emission slows and the scene recovers (which is happening right now IMO). And finally when the infrastructure for grin has been built and the coin is in actual usage there should be a very nice spike with a floor akin to what other top of the line coins enjoy.

Globb0

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ASICs are planned here unlike Monero

e-coinomist

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Money often costs too much.

Quote from: Cryptotourist on October 29, 2019, 01:58:30 AM

I really thought that 0.0002 would hold. Now at ~ 0.0001, well, shiiit.
Been underwater all the way.

Maybe I didn't get - after all - Grin's monetary policy. Lips sealed

I surely didn't listen to the charts.

Hasn't been made for "Hodlers", more about owners of classical GPU mining rigs.

AEON got mentioned, which is somewhat related to Monero. Same target audience.

These kinds of projects are no "Investments" more about ... privacy. Has been sad to see Monero getting exposed to ASIC manufactorers who produced in secrecy. Maybe GRIN could be the next XMR?

Cryptotourist

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I really thought that 0.0002 would hold. Now at ~ 0.0001, well, shiiit.
Been underwater all the way.

Maybe I didn't get - after all - Grin's monetary policy. Lips sealed

I surely didn't listen to the charts.

bbc.reporter

legendary

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@e-coinomist. Why monotheist? The bitcoin maximalists' religion?

Quote from: RivAngE on October 27, 2019, 02:23:50 PM

Quote from: Febo on October 20, 2019, 12:38:35 PM

Quote from: bbc.reporter on October 19, 2019, 11:25:59 PM

@Febo. Half of that if on $0.50 hehe. Also, I speculate that Grin's pump on the next bitcoin all time highs might not be as strong as some of the coins, for example Aeon.

Grin might be a slow and stable accumulation of value, I reckon.

Well holding always pays off at the end. But thing is that no mater how bad emission looks now there is actually high chance to profit in short 2 years. I personally dont buy to sell. I buy to spend. And I dont plan to spend much in next 10 years. So this two years dont matter that much to me personally. But It was just something that crossed my mind yesterday.

"Always" except the last year?
I have a portfolio with only altcoins which has lost 60% value in comparison to Bitcoin... meaning that if I was holding 1 BTC of value in altcoins in January, my altcoins are now worth 0.40 BTC.
You just need to know when to hold and when to trade, maybe buying again lower; it's better to live and fight another day!

But.... I'm a bit too lazy to do that so I'm just holding as well! Roll Eyes

I have been holding a more than 80% loss on Aeon also. It does not make me stressed anymore after pulling most of my hairs last year.

e-coinomist

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Money often costs too much.

Quote from: HairyMaclairy on October 28, 2019, 06:03:26 AM

Oh. That stings a little.

My unreserved apology.

HairyMaclairy

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Quote from: e-coinomist on October 27, 2019, 08:48:45 AM

Quote from: HairyMaclairy on October 18, 2019, 10:27:45 PM

Grin @ $1.01, and all is well.

Interesting data point. A monotheist closely observing an Altcoin's notation.

Oh. That stings a little.

RivAngE

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What doesn't kill you, makes you stronger

Quote from: Febo on October 20, 2019, 12:38:35 PM

Quote from: bbc.reporter on October 19, 2019, 11:25:59 PM

@Febo. Half of that if on $0.50 hehe. Also, I speculate that Grin's pump on the next bitcoin all time highs might not be as strong as some of the coins, for example Aeon.

Grin might be a slow and stable accumulation of value, I reckon.

Well holding always pays off at the end. But thing is that no mater how bad emission looks now there is actually high chance to profit in short 2 years. I personally dont buy to sell. I buy to spend. And I dont plan to spend much in next 10 years. So this two years dont matter that much to me personally. But It was just something that crossed my mind yesterday.

"Always" except the last year?
I have a portfolio with only altcoins which has lost 60% value in comparison to Bitcoin... meaning that if I was holding 1 BTC of value in altcoins in January, my altcoins are now worth 0.40 BTC.
You just need to know when to hold and when to trade, maybe buying again lower; it's better to live and fight another day!

But.... I'm a bit too lazy to do that so I'm just holding as well! Roll Eyes

e-coinomist

legendary

Activity: 2380

Merit: 1085

Money often costs too much.

Quote from: HairyMaclairy on October 18, 2019, 10:27:45 PM

Grin @ $1.01, and all is well.

Interesting data point. A monotheist closely observing an Altcoin's notation.

Febo

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Quote from: bbc.reporter on October 19, 2019, 11:25:59 PM

@Febo. Half of that if on $0.50 hehe. Also, I speculate that Grin's pump on the next bitcoin all time highs might not be as strong as some of the coins, for example Aeon.

Grin might be a slow and stable accumulation of value, I reckon.

Well holding always pays off at the end. But thing is that no mater how bad emission looks now there is actually high chance to profit in short 2 years. I personally dont buy to sell. I buy to spend. And I dont plan to spend much in next 10 years. So this two years dont matter that much to me personally. But It was just something that crossed my mind yesterday.

bbc.reporter

legendary

Activity: 3010

Merit: 1460

@Febo. Half of that if on $0.50 hehe. Also, I speculate that Grin's pump on the next bitcoin all time highs might not be as strong as some of the coins, for example Aeon.

Grin might be a slow and stable accumulation of value, I reckon.

Hueristic

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Doomed to see the future and unable to prevent it

Quote from: Febo on October 19, 2019, 01:00:55 PM

I was thinking.

Jan 2022, when there is expected next Bitcoin ATH (take few month off or add), Grin will have around 80 millions coins. If each is worth $1, that is only $80 million. That is not that high marketcap. And as past teach us in case of hype things can get mad. So no matter how high emission inflation is right now, if you buy now there is quite a chance you can sell it with profit in next 2 years time.

So you have caught up with what those of us that did that figuring before launch said back then? Tongue

Febo

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I was thinking.

Jan 2022, when there is expected next Bitcoin ATH (take few month off or add), Grin will have around 80 millions coins. If each is worth $1, that is only $80 million. That is not that high marketcap. And as past teach us in case of hype things can get mad. So no matter how high emission inflation is right now, if you buy now there is quite a chance you can sell it with profit in next 2 years time.

HairyMaclairy

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Degenerate bull hatter & Bitcoin monotheist

Grin @ $1.01, and all is well.

Topic: Grin Observer - GRN/BTC - Price Movement and Discussion - page 14. (Read 19689 times)