Good volume fight between bears and bulls at 0.00153. Price decline has flattened for now.
Looking for upwards momentum to build.
Topic: Grin Observer - GRN/BTC - Price Movement and Discussion - page 47. (Read 19694 times)
Break upwards of descending wedge. Now to find out if this market has any legs.
Help is on it's way:
Nicehash for Grin is now available.
Nicehash for Grin is now available.
kucoin has to grow more volume soon and fast https://www.coingecko.com/en/coins/grin
We are finding support on the yellow line, but volume is declining. So we either continue to carefully and slowly climb the yellow line or head back down to retest previous 'bottom' at 0.00145
Looks like a retest of the previous low now.
Morning!
Got an entry at ~ 0.0016. We'll see how it goes today.
Another 'indicator' that keeps fluctuating, is theymos BTC/Grin payments pair indicator.
Currently set at:
~ 0.0020 per Grin.
Got an entry at ~ 0.0016. We'll see how it goes today.
Another 'indicator' that keeps fluctuating, is theymos BTC/Grin payments pair indicator.
Currently set at:
~ 0.0020 per Grin.
so you mean that grin emission curve (that should have been immutable previously) has already changed twice ?
No just that two shit forks have formed and failed.
We are finding support on the yellow line, but volume is declining. So we either continue to carefully and slowly climb the yellow line or head back down to retest previous 'bottom' at 0.00145
so you mean that grin emission curve (that should have been immutable previously) has already changed twice ?
Grin is like an inverse Bytecoin scam, the founders get nothing together with the community - because of the ridiculous emission curve.
https://www.theblockcrypto.com/tiny/grin-lead-developer-in-a-powerful-message-im-disappointed-by-the-way-the-industry-around-grin-is-shaping-up/
That didn't lasted long! The Monero devs spent years crawling in the altcoin section together with the likes of piggycoin and whitecoin without funding and constant trolling, and they had little to none mainstream crypto support at the time, which was also negligible.
https://www.theblockcrypto.com/tiny/grin-lead-developer-in-a-powerful-message-im-disappointed-by-the-way-the-industry-around-grin-is-shaping-up/
That didn't lasted long! The Monero devs spent years crawling in the altcoin section together with the likes of piggycoin and whitecoin without funding and constant trolling, and they had little to none mainstream crypto support at the time, which was also negligible.
Quite fail any grin donations are devalued over time
Successful resistance found at ~ 0.0014 so far, but testing thoroughly at 0.0015-0.0018BTC.
Thinking to buy half of my stack back at those prices, and placing orders for the other half below that, and down to the 0.0010 wall.
Hopefully by then it will bounce back to anything up to 0.0040 or more. If it doesn't, it will be a world of shit.
HM?
Thinking to buy half of my stack back at those prices, and placing orders for the other half below that, and down to the 0.0010 wall.
Hopefully by then it will bounce back to anything up to 0.0040 or more. If it doesn't, it will be a world of shit.
HM?
There is no one to pay the $2 million listing fee, so will take much longer.
Grin will pay the same listing fee as Ravencoin paid.
I don't know what listing fee Ravencoin might have paid, but for community driven projects which take a lot of attention, it makes sense for exchanges to list them for free or with big discounts.
When the community is big, the exchanges want to grab customers from that community.
I don't think anyone ever paid for BTC or ETH to be listed anywhere!
https://twitter.com/cz_binance/status/1050326256841940994
"Back to listing. Ravencoin, no ICO, community project, humble people, no listing fee."
CZ listed Ravencoin for free.
Binance has not yet begun amassing a big pile of Grin hehehe. If it does, Grin will be listed for free.
Some exchanges sometimes take more money from amassing a coin then pump and dump it than the listing fee, I reckon.
In 1 year the stats will look like that,
- With 32,713,560 GRIN in circulation, there will be a 0.0792% monthly emission, that will be very similar to Ravencoin's 1 year.
- With 5,411,920,000 RVN in circulation, there will be a 0.0399% monthly emission.
I'm probably missing something here, but how are you calculating monthly emission rate? My understanding is there's 86,400 GRIN mined per day, which is a helluva lot more than 0.0792% per month.
Grin doubles between year 1 & year 2 (from 32 million to 64 million).
So that's about just over 0.27% daily inflation or 8.3% monthly inflation
In 1 year the stats will look like that,
- With 32,713,560 GRIN in circulation, there will be a 0.0792% monthly emission, that will be very similar to Ravencoin's 1 year.
- With 5,411,920,000 RVN in circulation, there will be a 0.0399% monthly emission.
I'm probably missing something here, but how are you calculating monthly emission rate? My understanding is there's 86,400 GRIN mined per day, which is a helluva lot more than 0.0792% per month.
So that is the guy that is grinning
right
right
Yup, don't let the fucking scamming leeches steal this scene. Go in those fucking forked Grin threads and blow them up and get this shit funded you cheap ass bastards. You pay more to the fucking miner Devs than this guy!
https://grin-tech.org/yeastplume
https://grin-tech.org/yeastplume
Quote
Developer Funding - Yeastplume
Funding to allow Yeastplume to give full-time attention to Grin from March-Aug 2019
Funding status (March 2018 - Aug 2019)
Status: Open - €22,530 of €55,000 Target Goal: Crypto equivalent of €55,000
Funding to allow Yeastplume to give full-time attention to Grin from March-Aug 2019
Funding status (March 2018 - Aug 2019)
Status: Open - €22,530 of €55,000 Target Goal: Crypto equivalent of €55,000
That was fast
Check the BTC address, the page has not refreshed yet.
Impressed.
Here’s what you need to know about security token offerings (STOs)
They're similar to ICOs, but they will abide by all regulations. The hope is to tokenize shares of stock, bonds, etc.
They're similar to ICOs, but they will abide by all regulations. The hope is to tokenize shares of stock, bonds, etc.
Ohh yeah, I remember now it's illegal in the USA for the poor to participate in them, capitalism at its finest.
CROSSPOST:
This is important post from GRIN community.
If you want GRIN project to proceed steadily please see the post below and forward it to those you think this message concerns.
Early disappointments (posted by igno.peverell)
https://www.grin-forum.org/t/early-disappointments/3682
" yeastplume’s campaign is still very far from being even 10% funded."
"This is directly addressed to some of the new funds, miners, mining pools and exchanges that have entered this ecosystem since the launch and benefited from it."
"Perhaps Chinese translation would be a good thing."
⇒A Grin's community member translated this message into Chinese! https://www.grin-forum.org/t/early-disappointments/3682/11
If you want GRIN project to proceed steadily please see the post below and forward it to those you think this message concerns.
Early disappointments (posted by igno.peverell)
https://www.grin-forum.org/t/early-disappointments/3682
" yeastplume’s campaign is still very far from being even 10% funded."
"This is directly addressed to some of the new funds, miners, mining pools and exchanges that have entered this ecosystem since the launch and benefited from it."
"Perhaps Chinese translation would be a good thing."
⇒A Grin's community member translated this message into Chinese! https://www.grin-forum.org/t/early-disappointments/3682/11
Quote
The lesson for every development or research team watching looks pretty clear: more scammy ICOs for more money and a lot less work. Perhaps forcefully taking 20% of all rewards is the only way to get any contribution out of the mining industry. Are those the conclusions you want to impress on everyone in this sector? Because if greed feeding on itself is the only lesson, then this space truly deserves a really long and hard winter. A lot more creation is needed to reach escape velocity, and that won’t happen if everyone’s goal is just feeding off it.
Yup, don't let the fucking scamming leeches steal this scene. Go in those fucking forked Grin threads and blow them up and get this shit funded you cheap ass bastards. You pay more to the fucking miner Devs than this guy!
https://grin-tech.org/yeastplume
Quote
Developer Funding - Yeastplume
Funding to allow Yeastplume to give full-time attention to Grin from March-Aug 2019
Funding status (March 2018 - Aug 2019)
Status: Open - €22,530 of €55,000 Target Goal: Crypto equivalent of €55,000
Funding to allow Yeastplume to give full-time attention to Grin from March-Aug 2019
Funding status (March 2018 - Aug 2019)
Status: Open - €22,530 of €55,000 Target Goal: Crypto equivalent of €55,000
Stupid big dollar amounts for a listing was always ridiculous,
easy way to cream the cash directly from ICO's though.
easy way to cream the cash directly from ICO's though.
There is no one to pay the $2 million listing fee, so will take much longer.
Grin will pay the same listing fee as Ravencoin paid.
I don't know what listing fee Ravencoin might have paid, but for community driven projects which take a lot of attention, it makes sense for exchanges to list them for free or with big discounts.
When the community is big, the exchanges want to grab customers from that community.
I don't think anyone ever paid for BTC or ETH to be listed anywhere!
https://twitter.com/cz_binance/status/1050326256841940994
"Back to listing. Ravencoin, no ICO, community project, humble people, no listing fee."
CZ listed Ravencoin for free.
Jump to: