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Topic: Grin Observer - GRN/BTC - Price Movement and Discussion - page 50. (Read 19694 times)

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: 1190
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: 1414
Merit: 2174
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: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
Bgogo exchange looked like super fake bot washing traffic to me.  



That is not organic volume.
hero member
Activity: 1190
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: 1190
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: 2310
Merit: 4085
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: 1414
Merit: 2174
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: 2646
Merit: 2842
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: 2310
Merit: 4085
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: 3010
Merit: 1460
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: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
Still bearish based on declining volume


hero member
Activity: 1190
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.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it

Well, I believe the person that made the argument is mistaken that you can't implement mimblewimble with cold wallets. From my understanding, the sender and receiver can both have their private keys on air gapped computers and just need to relay the needed files to each other via other means, including carrier pigeon if they want. Then the sender just needs to send the tx via a hot node.

I believe you are correct. Smiley

My main concern with the coin at the moment is the inflation. 1 coin per second seems a bit much. Unfortunately, I am only mining this with 1 single 1070, so I don't even have a coin, yet.  Cry

I decided to not even bother and will buy some in a few years.

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).

You got that right! and don't be the poor schmuck that points that out to the koolaid drinkers!
legendary
Activity: 2646
Merit: 2842
Shitcoin Minimalist
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).
newbie
Activity: 602
Merit: 0
Morning Grin lovers.

My concern is how much Grin to buy at the bottom.
I do love my BTC.
That said, Grin has contributed a little over 0.1BTC for roughly 10 days of mining (~$50 power costs).
Booya. I'm fucking rich.

https://i.imgur.com/VaOzh7C.gif

#

Climb the stairs or jump out the window.

Em, lobby please dear Sir Grin

Hype train is still running https://www.coingecko.com/en/coins/grin#panel
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o

It looks similar to the chart of bitcoin before it suddenly dropped hard from $62xx to $41xx
Sometimes (it rarely happens), consolidations and triangle patterns lead to further drops.
I wish that it is not the case of Grincoin.
hero member
Activity: 1190
Merit: 755
Homo Sapiens Bitcoinerthalensis
legendary
Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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