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Topic: Grin Observer - GRN/BTC - Price Movement and Discussion - page 49. (Read 19800 times)

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Can’t chart on the phone but price currently heading in one direction, below previous reversal point.

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
An executed order by definition does not add liquidity, it takes liquidity off the books.

When you go from zero to the highest volume Grin exchange using mechanical trading, you are faking your volume, particularly when selling 10 Grin can move the price 5%.

Current Bgogo order book below. 

legendary
Activity: 3178
Merit: 1509
Bgogo exchange looked like super fake bot washing traffic to me.  



That is not organic volume.

It is certainly not, however its purpose is not to fake the volume. They need to let their market makers provide the liquidity required to start a grin market in the exchange.

They are only giving us a service as a liquidity provider.

Also in the stockmarket, liquidity providers are required by law and enforced by a governing body.
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
Well. Went out and did a stupid thing. Bought a 2080ti rig and now I'm committed to mining this shit on a dedicated box @ ~10 G/s.

addiction.

yeah sucks sometimes..
legendary
Activity: 2702
Merit: 2053
Free spirit
Mooooooooooooooooooo

legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
I don't believe small exchanges will have significant contributions in long term, but for now people tend to hurry up with those news.
The only news was that it was rapidly being added to a lot of exchanges (many of them small).  Volume was growing as a result.  
How do you think about it?
Comparision between Grin coin and Mimblewimble
Which one do you think is better?

Beam will suffer as Founder’s Reward will overhang the market. Or should if it was a rational market.  But crypto markets are highly irrational so who knows.  Also hard to compare fixed emissions of Beak and unlimited of Grin.  Beam has 100 coins per minute this year rather than 60 coins for Grin, which indicates that Beam should be significantly lower price. 

Beam has 20% Dev tax IIRC.
That is why many people are choosing Grin instead of Beam because this makes Beam quite centralized and nobody wants centralization here, right?


Yes and no, depends on if you move the goal posts on mining centralization to make room for the economy of scales issue inherent in asics. But yeah, a company is probably a bad idea if you want fungible cash for all, though it doesn't really apply to all usecases and weirdly gets generalized--though that's usually a political argument that gets prefaced as a technological one.
hero member
Activity: 924
Merit: 500
I don't believe small exchanges will have significant contributions in long term, but for now people tend to hurry up with those news.
The only news was that it was rapidly being added to a lot of exchanges (many of them small).  Volume was growing as a result.  
How do you think about it?
Comparision between Grin coin and Mimblewimble
Which one do you think is better?

Beam will suffer as Founder’s Reward will overhang the market. Or should if it was a rational market.  But crypto markets are highly irrational so who knows.  Also hard to compare fixed emissions of Beak and unlimited of Grin.  Beam has 100 coins per minute this year rather than 60 coins for Grin, which indicates that Beam should be significantly lower price. 

Beam has 20% Dev tax IIRC.
That is why many people are choosing Grin instead of Beam because this makes Beam quite centralized and nobody wants centralization here, right?
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
I don't believe small exchanges will have significant contributions in long term, but for now people tend to hurry up with those news.
The only news was that it was rapidly being added to a lot of exchanges (many of them small).  Volume was growing as a result.  
How do you think about it?
Comparision between Grin coin and Mimblewimble
Which one do you think is better?

Beam will suffer as Founder’s Reward will overhang the market. Or should if it was a rational market.  But crypto markets are highly irrational so who knows.  Also hard to compare fixed emissions of Beak and unlimited of Grin.  Beam has 100 coins per minute this year rather than 60 coins for Grin, which indicates that Beam should be significantly lower price. 

Beam has 20% Dev tax IIRC.
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
Bgogo exchange looked like super fake bot washing traffic to me.  

https://i.ibb.co/2qfZG76/4757560-A-0-AC8-4-F2-D-AD37-3-C02-FEC71-D00.jpg

That is not organic volume.

I was being very sarcastic when I said it's aspiring.
Bitforex did the same when Grin was listed.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
I don't believe small exchanges will have significant contributions in long term, but for now people tend to hurry up with those news.
The only news was that it was rapidly being added to a lot of exchanges (many of them small).  Volume was growing as a result.  
How do you think about it?
Comparision between Grin coin and Mimblewimble
Which one do you think is better?

Beam will suffer as Founder’s Reward will overhang the market. Or should if it was a rational market.  But crypto markets are highly irrational so who knows.  Also hard to compare fixed emissions of Beak and unlimited of Grin.  Beam has 100 coins per minute this year rather than 60 coins for Grin, which indicates that Beam should be significantly lower price. 
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Bgogo exchange looked like super fake bot washing traffic to me.  



That is not organic volume.
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
Support found all the way to ~ 0.0015. We're going down.
Thinking that it will not break 0.0010. If it does, it will be briefly, only to kick start a new rally.
Cannot decide on before or after, the Chinese new year. Tending towards after.
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
The only news was that it was rapidly being added to a lot of exchanges (many of them small).  Volume was growing as a result.  

Coingecko:



CMC for a change:



Bgogo exchange. Truly aspiring Grin
legendary
Activity: 2520
Merit: 4355
Farewell o_e_l_e_o
I don't believe small exchanges will have significant contributions in long term, but for now people tend to hurry up with those news.
The only news was that it was rapidly being added to a lot of exchanges (many of them small).  Volume was growing as a result.   
How do you think about it?
Comparision between Grin coin and Mimblewimble
Which one do you think is better?
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
The only news was that it was rapidly being added to a lot of exchanges (many of them small).  Volume was growing as a result.   

legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
I see Grin is trading on KuCoin. They're kind of a big deal.

Did anyone hear any news that would've been related to the pump?
legendary
Activity: 2520
Merit: 4355
Farewell o_e_l_e_o
Despite of the drops of Grin coin, theymos has not manually changed the rate for Grincoin to buy forum's Copper Membership.
 DO NOT POST SESC LINKS
Code:
2.252253333 grin
2.252 Grin coin for one Copper Membership, for now.
legendary
Activity: 3178
Merit: 1509
You dont think the Monero forum might have a certain bias do you?

OFC, but another perspective is useful. Coin-specific threads end up becoming circle jerks (Monero thread included).

However, it also comes down to someone's belief what a cryptocoin representing as money should be. If a group of people share certain beliefs, then it is their right to reinforce those beliefs. It is easily thrown around by the people outside the group to call it a circle jerk.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Still bearish based on declining volume


hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
FUD? Grin

What good is it going to do to you if you buy 'some', 'in a few years'?
In that scenario, I would keep not bothering. Tongue

Grin has potential.
Correct me if I'm wrong, but isn't it the first PoW coin to be 'clear' on ASICs before its launch?
The transition & 100% ASIC in two years I mean.
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