It is a typical currency, not an investment.
1 new coin per second forever.
Topic: Hold GRIN coin? how'll its market evolve? (Read 155 times)
fully believe that GRIN has the latest breakthrough,
the protocol has been developing and is not using blockchain, but Mimblewimble. and LTC yesterday also joined this protocol, (if I didn't hear it wrong).
so it's very good if it's held from now on.
the protocol has been developing and is not using blockchain, but Mimblewimble. and LTC yesterday also joined this protocol, (if I didn't hear it wrong).
so it's very good if it's held from now on.
generally speaking it is a bad idea to hold (which means a long term investment where you buy and don't sell in hopes of a rise in long term) any coin that satisfies these conditions:
1. is useless
2. is hyped up with fake advertisement
3. has premine, ICO or any other magical way that devs create a lot of coins for themselves
4. has a bad distribution model
5. has a huge circulating supply
6. has a huge block reward or basically when a large amount of new coins are injected in circulation every day
7. is centralized
Grin satisfies 4, 5 and 6 and a little bit of 2. and that is more than enough for it to be a bad long term investment in my opinion.
1. is useless
2. is hyped up with fake advertisement
3. has premine, ICO or any other magical way that devs create a lot of coins for themselves
4. has a bad distribution model
5. has a huge circulating supply
6. has a huge block reward or basically when a large amount of new coins are injected in circulation every day
7. is centralized
Grin satisfies 4, 5 and 6 and a little bit of 2. and that is more than enough for it to be a bad long term investment in my opinion.
i dont know for surely, but i see that coin has volume almost 100% of total marketcap.
as far i see has 12,4 M $ cap and volume about 12,3M daily. and also with great market like Okex,bittrex,even with low volume.
maybe if bull run come again it will be good investment.
as far i see has 12,4 M $ cap and volume about 12,3M daily. and also with great market like Okex,bittrex,even with low volume.
maybe if bull run come again it will be good investment.
I see many miners getting excited about grin coin, famous one like James Loop event tweeted about it
Also small meetups, gatherings and conference are popping up and people start to talk about it
Even exchanges like Kucoin and other small but popular ones have started to list grin coins
I don’t hold any grin, but keeping an eye on it
Also small meetups, gatherings and conference are popping up and people start to talk about it
Even exchanges like Kucoin and other small but popular ones have started to list grin coins
I don’t hold any grin, but keeping an eye on it
Hold GRIN coin? how'll its market evolve?
Nope. Best time to buy Grin will be 2-4 years from now. If you are mining it now you should dump. Maybe wait for some big exchange listing.
Is this coin available on any exchanges? On CMC there is no data about Grin.
Edit:Got it,on coingecko : https://www.coingecko.com/en/price_charts/grin/usd
And the coin looks more promising and it is accepted in our forum as well which will give good recognization to that coin.
Edit:Got it,on coingecko : https://www.coingecko.com/en/price_charts/grin/usd
And the coin looks more promising and it is accepted in our forum as well which will give good recognization to that coin.
Listing GRIN and setting up a system of withrawal and deposit automated isn't a joke as it is a new protocol. For now there are few exchanges that have listed GRIN.
Of course nobody knows how GRIN will develop as planned, anything can happen with the value of Bitcoin that will come, everything is still under control in Bitcoin which always has a big influence on all altcoins, so I am not too sure GRIN will go up whatever the plan
I believe Grin will have strong community support, as it already has. Like Bitcointalk support, this is amazing.
Also, some manufacturers are already thinking about developing GPU miners for Grin
Sapphire Tech Targets Grin Cryptocurrency With New GPU Miner
This is of course a good sign.
In the long run, it will probably be a good investment. But nobody knows.
Also, some manufacturers are already thinking about developing GPU miners for Grin
Sapphire Tech Targets Grin Cryptocurrency With New GPU Miner
This is of course a good sign.
In the long run, it will probably be a good investment. But nobody knows.
Is this coin available on any exchanges? On CMC there is no data about Grin.
Edit:Got it,on coingecko : https://www.coingecko.com/en/price_charts/grin/usd
And the coin looks more promising and it is accepted in our forum as well which will give good recognization to that coin.
Edit:Got it,on coingecko : https://www.coingecko.com/en/price_charts/grin/usd
And the coin looks more promising and it is accepted in our forum as well which will give good recognization to that coin.
Based on the particular characteristics of this "magical" coin, how do you think the market will evolve in the short, medium and long term?
Summing up GRIN coin:
- Protocol: Mimblewimble
- Block time (fixed): 60 seconds
- Block reward (fixed): 60 GRIN
- Max supply: infinite
- No pre-mine, no ICO
Summing up GRIN coin:
- Protocol: Mimblewimble
- Block time (fixed): 60 seconds
- Block reward (fixed): 60 GRIN
- Max supply: infinite
- No pre-mine, no ICO
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