Topic: Grin or Beam? What is the good entry price? (Read 351 times)
I've been reading more on Grin and honestly believe it to be quite successful, there's also a lot of hype
It seems the original hype is slowly dying out. Price is at least to me surprisingly high. If will get on some bigger exchanges fast price will go even higher. But over time it will only decrease until the end of this year.
I saw many investors talking about grin. Especially in telegram groups, grin became very popular. The other coin is not so popular, in order to invest in my opinion that the volume is high or more people need to choose coins 
so i choose grin now
so i choose grin now
From tech point of view GRIN is much solid . If you look on github GRIN has 107 contributors https://github.com/mimblewimble/grin while BEAM has only 11 contributors https://github.com/BeamMW/beam
In terms of price GRIN price is a quite unstable though https://coinalyze.net/grin-live-price-charts/
In terms of price GRIN price is a quite unstable though https://coinalyze.net/grin-live-price-charts/
Hi guys, recently these 2 coins were listed on exchanges and we can finally buy them. But when to buy? A lot of hype, so I think the price is still high, even the market cap is only 1 million USD.
Please tell me your suggestions.
I think that everything tends to break through the next bottom. If you are a risky person, then wait until everything collapses even lower and then buy coins. I expect 2,500$. Please tell me your suggestions.
Although I have not read much about both, it seems to me that both are just hyper. We know that anyone with good money can pay for marketing. So I'd rather wait and see what happens
Grin is a legitimate experiment by a long time Bitcoin developer and the theory behind it has been discussed for quite some time in the developer community, so I wouldn't just throw it in the hype bucket and call it a day. That being said, it's distribution is 1 grin per second for eternity, which means it will be 3 years before it drops below 50% inflation--you couldn't spend your money fast enough if that was country's currency, so anyone buying now is probably fighting a losing battle if they expect to cash out on a price increase. I'd wait four or five years before even bothering hodling it. But as far as being useful, it is if you just buy it to spend it for privacy--but of course that adds the cost of volatility, conversion fees, etc, so it's like a really bad implementation of Monero.
% of total supply
Let's say you mine 1 coin per day:
Year 1: 1 coin to start and ends year at 365, so 365x increase
Year 2: 365 coins to start and ends year at 730, so 1x increase
Year 3: 730 coins to start and ends year at 1095, so 0.50x increase
As you can see the % mined is less and less of the total supply, so after 10 years it's a drop in the bucket. Also, I didn't say consider in 3 years, but 4-5 because it drops to ~10% and below of total supply, which is when things get interesting.
We also do have to speculate on the demand side however, not only the supply side. Ethereum has an infinite supply and a premine. That did not stop it from becoming on top 2 in market capitalization.
Also, those crazy pumpers, those greedy holders hehehe.
Grin +30% today i think we will see more gainer today
https://www.coingecko.com/en/coins/grin
https://www.coingecko.com/en/coins/grin
Hi guys, recently these 2 coins were listed on exchanges and we can finally buy them. But when to buy? A lot of hype, so I think the price is still high, even the market cap is only 1 million USD.
Please tell me your suggestions.
Please tell me your suggestions.
I like Grin more because the coin doesn't have premine and Bitforex just add it. Bitforex have xero fees if you are market maker so it's quite profitable for trade.
Another point ahead for Grin is that the coin is adopted by the forum, leading to immediately hype.
Although I have not read much about both, it seems to me that both are just hyper. We know that anyone with good money can pay for marketing. So I'd rather wait and see what happens
Grin is a legitimate experiment by a long time Bitcoin developer and the theory behind it has been discussed for quite some time in the developer community, so I wouldn't just throw it in the hype bucket and call it a day. That being said, it's distribution is 1 grin per second for eternity, which means it will be 3 years before it drops below 50% inflation--you couldn't spend your money fast enough if that was country's currency, so anyone buying now is probably fighting a losing battle if they expect to cash out on a price increase. I'd wait four or five years before even bothering hodling it. But as far as being useful, it is if you just buy it to spend it for privacy--but of course that adds the cost of volatility, conversion fees, etc, so it's like a really bad implementation of Monero.
Absolutely my first thoughts about GRIN right now, and probably right for the next two years at least (though closer to 3 as you say).
Buying it now is absolute craziness, especially if Bitcoin will probably recover in the same timeframe, same as Ether or any currency you'd use to buy Grin now.
And let's not kid ourselves. No ones buying Grin to use it, not right now anyway. Real privacy users, as you say, are all on Monero.
i think Grin mostly had some hype recently because of the fact that theymos started accepting it as a payment on this forum when you want to purchase copper membership. other than that i don't see any good future (price-wise) for this coin because of its terrible supply design. so far a lot of it is injected into circulation and every day an extremely large amount of it is being created thanks to its fast blocks and high block rewards.
so you should expect a continues decline in its price over all.
so you should expect a continues decline in its price over all.
Although I have not read much about both, it seems to me that both are just hyper. We know that anyone with good money can pay for marketing. So I'd rather wait and see what happens
Grin is a legitimate experiment by a long time Bitcoin developer and the theory behind it has been discussed for quite some time in the developer community, so I wouldn't just throw it in the hype bucket and call it a day. That being said, it's distribution is 1 grin per second for eternity, which means it will be 3 years before it drops below 50% inflation--you couldn't spend your money fast enough if that was country's currency, so anyone buying now is probably fighting a losing battle if they expect to cash out on a price increase. I'd wait four or five years before even bothering hodling it. But as far as being useful, it is if you just buy it to spend it for privacy--but of course that adds the cost of volatility, conversion fees, etc, so it's like a really bad implementation of Monero.
% of total supply
Let's say you mine 1 coin per day:
Year 1: 1 coin to start and ends year at 365, so 365x increase
Year 2: 365 coins to start and ends year at 730, so 1x increase
Year 3: 730 coins to start and ends year at 1095, so 0.50x increase
As you can see the % mined is less and less of the total supply, so after 10 years it's a drop in the bucket. Also, I didn't say consider in 3 years, but 4-5 because it drops to ~10% and below of total supply, which is when things get interesting.
Although I have not read much about both, it seems to me that both are just hyper. We know that anyone with good money can pay for marketing. So I'd rather wait and see what happens
Grin is a legitimate experiment by a long time Bitcoin developer and the theory behind it has been discussed for quite some time in the developer community, so I wouldn't just throw it in the hype bucket and call it a day. That being said, it's distribution is 1 grin per second for eternity, which means it will be 3 years before it drops below 50% inflation--you couldn't spend your money fast enough if that was country's currency, so anyone buying now is probably fighting a losing battle if they expect to cash out on a price increase. I'd wait four or five years before even bothering hodling it. But as far as being useful, it is if you just buy it to spend it for privacy--but of course that adds the cost of volatility, conversion fees, etc, so it's like a really bad implementation of Monero.
Now, we really need to learn about these two coins, it seems interesting and Grin makes it easy for us to privacy in this forum.
I am still monitoring both of them and will make the decision to invest.
I am still monitoring both of them and will make the decision to invest.
Although I have not read much about both, it seems to me that both are just hyper. We know that anyone with good money can pay for marketing. So I'd rather wait and see what happens
Grin is a legitimate experiment by a long time Bitcoin developer and the theory behind it has been discussed for quite some time in the developer community, so I wouldn't just throw it in the hype bucket and call it a day. That being said, it's distribution is 1 grin per second for eternity, which means it will be 3 years before it drops below 50% inflation--you couldn't spend your money fast enough if that was country's currency, so anyone buying now is probably fighting a losing battle if they expect to cash out on a price increase. I'd wait four or five years before even bothering hodling it. But as far as being useful, it is if you just buy it to spend it for privacy--but of course that adds the cost of volatility, conversion fees, etc, so it's like a really bad implementation of Monero.
Although I have not read much about both, it seems to me that both are just hyper. We know that anyone with good money can pay for marketing. So I'd rather wait and see what happens
Grin and beam both are great for long-term investment just diversify your investment. They got launched on exchange recently and just wait let the hype go down and then enter. IMO beam will going to dump first on exchange as they raised money and took findings from the VCs. Obviously if there will be returns on the investment, investors will dump the coin.
Grin is slowly falling, now the price is only 2.4USD while Beam is raising, price is around 0.8USD.
Maybe it is because Grin has retarded inflation? I want to buy Grin, but it is really hard to predict where price goes in the future.
Maybe it is because Grin has retarded inflation? I want to buy Grin, but it is really hard to predict where price goes in the future.
Yes agree with your point about Grin inflation, remembered the first day when they started to sell their mined coin off the counter(OTC). They were asking for no less than $5, but look at it right now. Peoples are afraid of it because of the supply, on the other hand Beam has a lot of technical problem with their project.
honestly speaking, I do not recommend both of it right now, Because one is overpriced and another one is overproblemed.
1 per second for eternity means it takes 3 years before you see the inflation drop below 50% of the total supply. If you lived in a country with that type of inflation, you couldn't spend your money fast enough.
Grin is slowly falling, now the price is only 2.4USD while Beam is raising, price is around 0.8USD.
Maybe it is because Grin has retarded inflation? I want to buy Grin, but it is really hard to predict where price goes in the future.
Maybe it is because Grin has retarded inflation? I want to buy Grin, but it is really hard to predict where price goes in the future.
Yes agree with your point about Grin inflation, remembered the first day when they started to sell their mined coin off the counter(OTC). They were asking for no less than $5, but look at it right now. Peoples are afraid of it because of the supply, on the other hand Beam has a lot of technical problem with their project.
honestly speaking, I do not recommend both of it right now, Because one is overpriced and another one is overproblemed.
Grin or Beam? What is the good entry price?
Beam is company owned coin so have no real value. Grin entry point sis close to 1000 satoshi. It will take 2-4 years to reach bottom.
What are your goals? Do you want to buy why you will transfer money to another person or platform? Do you want to buy why you believe someone will pay dearer for it in the future? If the option is the last one, you need to be aware of inflation and probably the current prices will not hold for many months, it will be a big challenge for Beam and Grin.
Jump to: