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Topic: Worthy to invest in Grin (Read 1076 times)

jr. member
Activity: 79
Merit: 2
January 12, 2021, 08:54:02 AM
#97
hyped when launched, then nobody go after it later then. see how the graph go flat https://www.coingecko.com/en/coins/grin
legendary
Activity: 2674
Merit: 1226
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January 12, 2021, 08:43:40 AM
#96
@Jennifer Lee. The Grin development team has placed importance on issuance, distribution and price stability first before getting rich quick. They want Grin to be different and more useful as a currency and a medium of exchange. Read the monetary policy.

I think the fact that quite a lot of big Bitcoin users and supporters also threw their weight behind Grin was quite an indication of just what kind of project it was going to be. Maybe not everyone was on board, and we do have to admit that the perceived monetary policy hasn't actually given rise to actual utility. But only time will tell for sure.
member
Activity: 169
Merit: 10
January 12, 2021, 06:45:23 AM
#95
Grin is a new coin and I have heard a lot about it. Bitcointalk forum admin has started to accept grin as a payment method. Is it worthy to invest in grin now? The current price is $4.50 or something like that. What do you think? Will it increase or decrease more?
I noticed that this coin has lost its value quite high compared to the time you mentioned it. Grin's price is currently $ 0.355. The Altcoins can hold their price or not, the trend is up both depending on Bitcoin and GRIN is too.
full member
Activity: 2520
Merit: 204
January 12, 2021, 05:12:45 AM
#94
Grin is a new coin and I have heard a lot about it. Bitcointalk forum admin has started to accept grin as a payment method. Is it worthy to invest in grin now? The current price is $4.50 or something like that. What do you think? Will it increase or decrease more?
i remember this coin back in 2018 i guess when even the Forum administrator supported this one

https://coinmarketcap.com/currencies/grin/

but after years why does this currency keeps on falling ? after reaching a 10$ value 2 years ago , I almost invested 30% of my funds on this but lucky that i changed my Mind because after couple of months Nothing good happens.

@Jennifer Lee. The Grin development team has placed importance on issuance, distribution and price stability first before getting rich quick. They want Grin to be different and more useful as a currency and a medium of exchange. Read the monetary policy.
if this will be happening and may be supported again? then maybe I'll find new views in this regard.
legendary
Activity: 3010
Merit: 1460
January 12, 2021, 01:18:20 AM
#93
@Jennifer Lee. The Grin development team has placed importance on issuance, distribution and price stability first before getting rich quick. They want Grin to be different and more useful as a currency and a medium of exchange. Read the monetary policy.
sr. member
Activity: 2226
Merit: 347
January 11, 2021, 04:05:34 PM
#92
I can't see any good potential if we choose to invest in GRIN because prices continue to fall and in some large markets Grin does not have a volume that can be called extraordinary better look for other coins like top coins more stable and avoid the big risk if it decreases

Why not try to compare this actual usage or relevance? I do see that this GRIN is much better compared to those high valued but do lack out of real usage compared to this one.

I do see for this to be an undervalued project.It might not really be taking too much attention even up to this years but lets see on how long they would be existing around.
newbie
Activity: 4
Merit: 0
January 11, 2021, 03:17:01 PM
#91
Grin is a new coin and I have heard a lot about it. Bitcointalk forum admin has started to accept grin as a payment method. Is it worthy to invest in grin now? The current price is $4.50 or something like that. What do you think? Will it increase or decrease more?
It is very difficult to predict whether this coin will be able to increase in the future. And in General, personally I am now very concerned about new projects, unfortunately we do not know what to expect from the already well-known projects, so personally I will refrain from new in this market.
You've seen the potential of Grin already and you're having doubts whether it will still moon further due to the present market conditions. Invest now to avoid missing the chance to cos in the near future it will be go beyond your reach. It's more preferable to invest in already trading project than new project

Grin was not created to be as a speculative investment and getting rich quick similar to some of the other cryptocoins. Everyone should read its monetary policy before buying because you might lose value by speculating on this like it was bitcoin.



As an experimental hypothesis, Grin's inflation rate may discourage hoarding early on, improving its distribution. Inflation disincentivizes "whales," who have an inordinate amount of control over the price of an asset, and should act to downplay speculative bubbles and price swings. Early adopters get just as much out of grin as those who adopt later. This argument is discussed at length in Bitcoins are not digital greenbacks, in which Wei Dai himself considers "Bitcoin to have failed with regard to its monetary policy". Grin is aiming for as equal access and utility as possible for all users, now and in the future.

Constant emission could provide enhanced supply/demand certainty for all types of users, and allow transparent and natural pricing. Note: Bitcoin becoming widely usable as a method of exchange versus a strict store of value depends on the concept of "Keynesian beauty contests." The experiment is ongoing.

Grin is focused on privacy, scalability and fairness. If groups or individuals "get rich quick," they will have power to influence the entire grin economy more than others. Grin is not for creating technocrats, but for providing private digital cash to as many people as possible. Hoarding is a huge centralization pressure, and grin emission policy hopes to mitigate this.

The idea is to use grin like you use your bicycle, to get you around and make you more efficient, not to store in your garage hoping its value goes up.


Source https://github.com/mimblewimble/docs/wiki/Monetary-Policy

Hard to peg value to something without scarcity Sad Mimblewimble is very clever though, that is what I like about Grin.
legendary
Activity: 3010
Merit: 1460
January 05, 2021, 09:56:30 PM
#90
Grin is a new coin and I have heard a lot about it. Bitcointalk forum admin has started to accept grin as a payment method. Is it worthy to invest in grin now? The current price is $4.50 or something like that. What do you think? Will it increase or decrease more?
It is very difficult to predict whether this coin will be able to increase in the future. And in General, personally I am now very concerned about new projects, unfortunately we do not know what to expect from the already well-known projects, so personally I will refrain from new in this market.
You've seen the potential of Grin already and you're having doubts whether it will still moon further due to the present market conditions. Invest now to avoid missing the chance to cos in the near future it will be go beyond your reach. It's more preferable to invest in already trading project than new project

Grin was not created to be as a speculative investment and getting rich quick similar to some of the other cryptocoins. Everyone should read its monetary policy before buying because you might lose value by speculating on this like it was bitcoin.



As an experimental hypothesis, Grin's inflation rate may discourage hoarding early on, improving its distribution. Inflation disincentivizes "whales," who have an inordinate amount of control over the price of an asset, and should act to downplay speculative bubbles and price swings. Early adopters get just as much out of grin as those who adopt later. This argument is discussed at length in Bitcoins are not digital greenbacks, in which Wei Dai himself considers "Bitcoin to have failed with regard to its monetary policy". Grin is aiming for as equal access and utility as possible for all users, now and in the future.

Constant emission could provide enhanced supply/demand certainty for all types of users, and allow transparent and natural pricing. Note: Bitcoin becoming widely usable as a method of exchange versus a strict store of value depends on the concept of "Keynesian beauty contests." The experiment is ongoing.

Grin is focused on privacy, scalability and fairness. If groups or individuals "get rich quick," they will have power to influence the entire grin economy more than others. Grin is not for creating technocrats, but for providing private digital cash to as many people as possible. Hoarding is a huge centralization pressure, and grin emission policy hopes to mitigate this.

The idea is to use grin like you use your bicycle, to get you around and make you more efficient, not to store in your garage hoping its value goes up.


Source https://github.com/mimblewimble/docs/wiki/Monetary-Policy
jr. member
Activity: 79
Merit: 2
January 03, 2021, 03:33:37 AM
#89
why is binance not adding trading for Grin?
sr. member
Activity: 952
Merit: 308
January 03, 2021, 01:43:24 AM
#88
I am presently extremely worried about new tasks, tragically we don't have the foggiest idea what's in store from the generally notable ventures, so by and by I will forgo new in this market. I think Grin is deserving of contributing while the cost isn't too higher to even consider buying. Yet, obviously, you need to investigate before you purchase smile, so you don't accepting at the exorbitant cost.
newbie
Activity: 4
Merit: 0
January 02, 2021, 07:19:16 PM
#87
Still around?
Wen Moon?
 Cheesy JK Love Grin, wish price was more up, maybe if Grin print less Grin Roll Eyes!
full member
Activity: 882
Merit: 126
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October 23, 2019, 04:34:18 AM
#86
Grin doesn't perform well this year and the price almost went deep down from where it was from the beginning of this year.SO it was just hyped more when Bitcointalk accepted it as form of payment.But it does have decent trading volume so there is hope of recovery in the next bitcoin bull run so this could be chance to get some cheaper.
hero member
Activity: 938
Merit: 500
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October 22, 2019, 03:10:12 PM
#85
Recently, Grin has appeared in many places. Advertising on Twitter is very important for the spread of the project. I could do some research and get a Grin. Meanwhile, the Bitcoin fiayt began to rise again.
expectations that are awaited by investors in investing because now many projects end in fraud and if indeed what you submit is true of course it's a breath of fresh air in investing in crypto currencies and the greater investor interest in investing in the development of crypto currencies will also be increasingly rapidly
I don’t like this coin and I can’t understand why we need anonymous coins, even in such quantity. I choose only the TOP-20 cryptocurrency market coins. If anonymity - then only Monero.
sr. member
Activity: 1582
Merit: 253
October 22, 2019, 06:15:25 AM
#84
Recently, Grin has appeared in many places. Advertising on Twitter is very important for the spread of the project. I could do some research and get a Grin. Meanwhile, the Bitcoin fiayt began to rise again.
expectations that are awaited by investors in investing because now many projects end in fraud and if indeed what you submit is true of course it's a breath of fresh air in investing in crypto currencies and the greater investor interest in investing in the development of crypto currencies will also be increasingly rapidly
legendary
Activity: 3318
Merit: 1128
October 22, 2019, 03:05:20 AM
#83
I know that the Grin coin is promoted by a team of strong developers from all over the world. The project is decentralized, and this is important for the community. Also, the PR of the coin is very strong, I think that Grin is still waiting for success and investors should study this project. In my opinion, a project like this should occupy some part of the investment portfolio.
Here in my place, we are group of 10 people who are into cryptocurrency trading, and I just asked about the remaining 9 people and none of them really knows or has even heard of these project which I am all inclusive, of all my entire activity in cryptocurrency market, I think this is the first time that I am going to be hearing about this project and from what I can grab from you here, which I will also try and make my own findings.

I think that this project will truly be one that came for the real blockchain technology and not just the money alone for them to have established a decentralized coin. Most project that we have been seeing now are building on centralized system which is even defeating the purpose of cryptocurrency and it is when we have more of decentralized projects that we can really get the attention of the world more to use cryptocurrency.

I am delaying my investment plans about grin as some times back I got to read an article which was talking about Monereo is facing problems and possible ban due to its support for stealth/untraceable transaction features. Grin is also dealing with same feature hence delaying may provide me enough time to double-confirm things.
full member
Activity: 862
Merit: 100
October 15, 2019, 05:53:35 AM
#82
Recently, Grin has appeared in many places. Advertising on Twitter is very important for the spread of the project. I could do some research and get a Grin. Meanwhile, the Bitcoin fiayt began to rise again.

In general, the Grin is an interesting project, which in the long term will certainly find its application as an innovative payment solution. Despite having a direct competitor - Beam, which is also an implementation of the MimbleWimble protocol, Grin has every chance of becoming the leader of a new generation of anonymous cryptocurrencies. As for the prospects for investing in GRIN, for now, this is just a profit coin for miners.
member
Activity: 672
Merit: 29
October 14, 2019, 07:06:34 AM
#81
Grin is a new coin and I have heard a lot about it. Bitcointalk forum admin has started to accept grin as a payment method. Is it worthy to invest in grin now? The current price is $4.50 or something like that. What do you think? Will it increase or decrease more?
It is very difficult to predict whether this coin will be able to increase in the future. And in General, personally I am now very concerned about new projects, unfortunately we do not know what to expect from the already well-known projects, so personally I will refrain from new in this market.
You've seen the potential of Grin already and you're having doubts whether it will still moon further due to the present market conditions. Invest now to avoid missing the chance to cos in the near future it will be go beyond your reach. It's more preferable to invest in already trading project than new project
hero member
Activity: 882
Merit: 518
October 14, 2019, 06:33:44 AM
#80
when I look at the specifications of the grin I think this can be a very good opportunity to be able to get benefits when you apply long term investment because the influence of the total supply is very limited then it is certain that this grin in the future will be very expensive if it has good development.
Hmm, I would not be so optimistic...Grin was a subject of some kind dump and pump this summer, this guy says describes the situation.
its interesting to see the price when the OP asked and since
he said it was 4.50$ back then, and it looks like GRIN hit an ATH of about 10$ end of June
So he would have done well, doubled his money+,  in less than 6 months
Not bad!

This coin is a tool for mining and it is really difficult to predict what moods will prevail this winter. Unlike other unstable coins, GRIN has a good community support where you can always be the first to know about important events (e.g hardfork 2019 details) . So it may be a factor of choosing among today`s altcoin market.
sr. member
Activity: 994
Merit: 260
October 13, 2019, 11:33:46 PM
#79
I know that the Grin coin is promoted by a team of strong developers from all over the world. The project is decentralized, and this is important for the community. Also, the PR of the coin is very strong, I think that Grin is still waiting for success and investors should study this project. In my opinion, a project like this should occupy some part of the investment portfolio.
hero member
Activity: 2870
Merit: 574
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October 13, 2019, 09:46:33 PM
#78
I see grin at Coinmarketcap now has a price of $ 1 exchange available from grin coins too much and we are not worried about the exchange.  I think grin is good but we have to keep watching the movement of grin to make sure grin is the right choice coin for investment
With the price is just $1, I think that coin is not too high to buy.
Grin is one of the new coins that can be one of the potential coins in the future.
Maybe if we interest with the coin, we can prepare some money to buy and who knows, this coin can back to the high price before.
But there is no right time to know when this coin can be back to the higher price because that will depends on the market itself.
Maybe the OP needs to find another coin to buy if he doesn't know many things about the coin so he can allocate his fund to buy the potential coin.
Buying the new coin will need extra time to research at the market so that can give us profit in the future so we could only be careful to select the right coin.
Beside that, we don't know how the coin will survive for a long time.
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